Search found 2133 matches

by Tamarind
Fri May 22, 2020 9:35 am
Forum: Personal Investments
Topic: Replicating Total Stock Market in a 401k?
Replies: 8
Views: 316

Re: Replicating Total Stock Market in a 401k?

You certainly can set your 401k to buy the component funds in proportion to reproduce total stock market. There's a page in the wiki that gives the rough percentages. Another option is if you are also investing in a Roth IRA or taxable account to buy VEXAX - Vanguard Extended Market - that is everyt...
by Tamarind
Fri May 22, 2020 8:43 am
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4300

Re: New job / wife 33 weeks pregnant / paternity

I think you should take the leave you can take - I don't agree with those above thinking it "looks bad" to arrange a job change so that you get as much time as possible with a major family event coming up. If the new place is family friendly and really trying to hire someone to stay 20 years, they s...
by Tamarind
Thu May 21, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: what to do about 1000s of dandelions/weeds?
Replies: 55
Views: 4056

Re: what to do about 1000s of dandelions/weeds?

Give up and enjoy the dandelions. Mow from time to time.
by Tamarind
Wed May 20, 2020 2:43 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2912

Re: Engagement Ring Help

Most folks won't care nearly as much about a ring in 20 years as all the advertising would have you think. But a few people really do care about something specific. The important thing is to know which group your potential fiancee falls into. Talk to your potential fiancee, or at least her friends/r...
by Tamarind
Wed May 20, 2020 10:59 am
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 262
Views: 19173

Re: What is your most luxury/expensive hobby.

Beekeeping. Requires regular input of equipment and large bags of granulated sugar. Occasional purchases of bees. More of a slow leak completed to truly expensive hobbies. My wife and I regularly take classes at the Folk School in our state. These are "working vacations" running around $2-3k for two...
by Tamarind
Mon May 18, 2020 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance- What to do at end of Term?
Replies: 37
Views: 2458

Re: Term Life Insurance- What to do at end of Term?

Wait until the children arrive and then buy life insurance. I’d radically recommend against this. Your wife (I’m assuming here based on your post) and child (definitely) will be very reliant upon your income and there is nothing in this world that says you are promised to live through the pregnancy...
by Tamarind
Sat May 16, 2020 5:45 am
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10359

Re: Please tell me I'm not crazy

Well, I don't agree with either of you, OP. But I disagree with you a bit more than your wife. My wife and I hold an emergency fund equal to 12 months of required expenses. It sits in a CD earning 1.9%. I was never jobless during the last recession. Once I got laid off the same day as the CEO and ha...
by Tamarind
Fri May 15, 2020 1:15 pm
Forum: Personal Investments
Topic: Portfolio Question: can we achieve our FIRE goal by age 40?
Replies: 26
Views: 1746

Re: Portfolio Question: can we achieve our FIRE goal by age 40?

Hi, bogleheads users, We are here to seek some sincere advice regarding our current financial situation. Are we on track of achieving our FIRE goal by age 40? ... Questions What could we do better for our assessment allocation? Wife wants to invest in a rental property, should we consider this opti...
by Tamarind
Fri May 15, 2020 12:24 pm
Forum: Personal Consumer Issues
Topic: Secrets to a great lawn
Replies: 65
Views: 5183

Re: Secrets to a great lawn

I feel much happier now that I’m letting much of our lawn become more meadow-like. The birds, and butterflies, and frogs, and turkeys, and deer, etc are much happier also. If it’s green or yellow or purple or anything but dirt brown, it’s fine. Many can't tolerate this but I love it. The seed stalk...
by Tamarind
Fri May 15, 2020 10:01 am
Forum: Personal Investments
Topic: Thoughts on investing in Pre-IPO Companies?
Replies: 12
Views: 622

Re: Thoughts on investing in Pre-IPO Companies?

Having done this the "easy" way by working at pre-IPO companies and being granted options.....I didn't you do something else with your cash. As stated by others above the valuations are impossible to verify with the info you'll be entitled to. Also magical thinking about a company's prospects is wid...
by Tamarind
Sun May 10, 2020 8:21 pm
Forum: Personal Investments
Topic: Tap into HELOC vs retirement funds for next house downpayment?
Replies: 13
Views: 582

Re: Tap into HELOC vs retirement funds for next house downpayment?

I would be ok with doing this, provided you can pay off the heloc on selling your house even if you have to sell your current house significantly below your expected price. A little advice on selling the current home. Don't sit on it for several months... If you don't get fast response in a "hot" ma...
by Tamarind
Sun May 10, 2020 3:17 pm
Forum: Personal Investments
Topic: Is this a mess?
Replies: 12
Views: 2324

Re: Is this a mess?

You said "the market always comes back". I'd say, "the market has always come back before....eventually". The difference is why you should have 25% bonds as a novice, even if you don't think you need them.
by Tamarind
Sun May 10, 2020 5:47 am
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 1850

Re: Very Low Student Loan Interest Rate - Invest Instead?

No, I'd keep shoveling money into it as you planned to do before the drop in rates because unlike other loans you might take out it's not dischargeable in bankruptcy. If you were to invest the difference, lose most it in a crash, and lose your job, you would still be stuck with the full loan amount.
by Tamarind
Thu May 07, 2020 6:27 am
Forum: Personal Investments
Topic: How do I get out of home a partnership agreement?
Replies: 42
Views: 3023

Re: How do I get out of home a partnership agreement?

Since you have the deal in writing, you either accept what he's offering to get out......or you sue your brother. I accepted a deal exactly like this from my parents and I wanted to unwind it early even as the beneficiary of the initial down payment, with my parents saying I should keep their money ...
by Tamarind
Sat May 02, 2020 1:20 pm
Forum: Investing - Theory, News & General
Topic: HSA with HSA Bank/TDA ?
Replies: 10
Views: 607

Re: HSA with HSA Bank/TDA ?

I have one through my current employer. The moment my total holdings crossed $1000, I was able to set up a TDA account and set an auto transfer to so all but $100 to the TDA account. No fees yet, not any disclosed in the docs. I would not keep this account after leaving an employer but would roll ov...
by Tamarind
Fri May 01, 2020 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: New Grad's Housing Question
Replies: 15
Views: 634

Re: New Grad's Housing Question

I vote, buy furniture, as little as you can get away with but of his quality, and use a POD or else rent a truck to do your move.
by Tamarind
Thu Apr 30, 2020 8:07 am
Forum: Personal Investments
Topic: Anyone Heard of the Dividend Machine or High Yield Landlord?
Replies: 59
Views: 3771

Re: Anyone Heard of the Dividend Machine or High Yield Landlord?

OP, these strategies rely on concentrating risk. They select companies that are not only performing well but committed to giving a huge chunk of profits out as dividends. This is great while it lasts. But dividends are never guaranteed payments, past performance is not future performance, and the la...
by Tamarind
Thu Apr 30, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: PPP Loan ethics
Replies: 56
Views: 3688

Re: PPP Loan ethics

I would suggest not proceeding with the loan since you have mixed feelings about it. This is not a judgement on whether you qualify or whether you would experience any consequences from taking the money. In my opinion, though, ethics goes beyond following the published rules. There are more than eno...
by Tamarind
Thu Apr 30, 2020 6:37 am
Forum: Personal Investments
Topic: Confused on where to start 15% for retirement
Replies: 17
Views: 1368

Re: Confused on where to start 15% for retirement

You can contribute directly to Roth. You make less than married limit, plus when you contribute to pre-tax 401k that brings your number down further from the limit (it reduces your MAGI).
by Tamarind
Mon Apr 27, 2020 10:26 pm
Forum: Personal Consumer Issues
Topic: Mesh Wifi
Replies: 118
Views: 7338

Re: Mesh Wifi

I really enjoy my Google WiFi. Good design and very reliable. The one time I had to reboot it in the last few years, I was able to do so from my phone.
by Tamarind
Mon Apr 27, 2020 3:34 pm
Forum: Personal Investments
Topic: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement
Replies: 27
Views: 1898

Re: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement

Porque no los dos? If there's no firm timeline for the house, I would suggest modestly increasing 529 contributions. You could pay a little extra towards the mortgage. And the bulk of the house fund could be invested in a taxable account so it can grow for house payment in future years or, if you ne...
by Tamarind
Mon Apr 27, 2020 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Payoff house and quit good-paying job?
Replies: 112
Views: 8073

Re: Payoff house and quit good-paying job?

BaristaFI is a thing. That said, if you are dependent on having a (low wage) job, then you will never be able to stop working that job, even if you get tired of it or get old or get sick. I prefer to work a tougher job that pays better, save hard, and get to a point sooner when I'm not dependent on ...
by Tamarind
Sat Apr 25, 2020 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Take Social Security now, at 66, during Corona-virus?
Replies: 61
Views: 4960

Re: Take Social Security now, at 66, during Corona-virus?

Since you don't need the income, why not wait? I'm sure you've already thought about this, but 8% a year on your lifetime annuity is awfully good insurance. It seems to me that when enough savings are available, it's less important to maximize the amount received from social security and more import...
by Tamarind
Sat Apr 25, 2020 7:04 am
Forum: Personal Investments
Topic: Switching from 18-fund to 3-fund
Replies: 8
Views: 1115

Re: Switching from 18-fund to 3-fund

Congrats on selling those taxable funds! Don't forget the loss carry-over when you do your taxes, as you'll get 2 years worth of tax benefits out of that one action. The 401k options are putrid, but the expenses are not so high that fiance shouldn't max out the account if possible. Certainly contrib...
by Tamarind
Sat Apr 25, 2020 6:45 am
Forum: Personal Investments
Topic: May have to spend ENTIRE taxable account. Sell all stocks?
Replies: 20
Views: 3310

Re: May have to spend ENTIRE taxable account. Seeking thoughts.

Could you provide more information about your other holdings? Tax deferred accounts, amount, overall AA, existing emergency funds? Is your total nest egg enough to retire? Will your social security cover your expected expenses? The reason I ask is because the advice for a short-term cash crisis, whe...
by Tamarind
Thu Apr 23, 2020 7:06 pm
Forum: Personal Investments
Topic: FIRE 32 Y/O New Investor Portfolio Review
Replies: 58
Views: 6636

Re: FIRE 32 Y/O New Investor Portfolio Review

VTI and VXUS are sufficient, in my opinion, but to each their own. No strong opinion on the munis, I'll leave that to the bond specialists.

Why the individual stocks, OP?
by Tamarind
Thu Apr 23, 2020 11:12 am
Forum: Personal Investments
Topic: All the upside of the S&P with 10% downside protection "Free"?
Replies: 116
Views: 7844

Re: All the upside of the S&P with 10% downside protection "Free"?

If he wants a real 10% downside limit without fees, he could also adopt a 20/80 portfolio - ie 80% bonds. In the event the Great Depression repeated itself, he'd only lose 10%. Of course he would also lose out on all the gains of having a higher stock allocation the rest of the time. There is no fre...
by Tamarind
Wed Apr 22, 2020 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Something different...do I need life or disability insurance?
Replies: 30
Views: 1224

Re: Something different...do I need life or disability insurance?

Long Term Disability now and Life once you have kids. Your wife should get life insurance only, and should get it BEFORE she is pregnant as that makes it more expensive.

Typically disability insurance will cost 1-2% of the amount of income insured. 20-yr term life insurance should be pretty cheap.
by Tamarind
Wed Apr 22, 2020 5:34 pm
Forum: Personal Investments
Topic: Advice for my father
Replies: 17
Views: 1502

Re: Advice for my father

VASIX is a good idea since the goal is to have the money available mainly for lumpy future expenses.
by Tamarind
Wed Apr 22, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Parents want me to pay off their mortgage in exchange for title
Replies: 102
Views: 9212

Re: Parents want me to pay off their mortgage in exchange for title

OP, I reviewed your past posts on the evolution of this situation. Your parents have spent 3 years digging themselves an increasingly deep hole. In 2017 the business was operating at a loss but they were keeping it going with a $100k inheritance. In 2018 they had taken out a HELOC and asked you for ...
by Tamarind
Wed Apr 22, 2020 12:00 pm
Forum: Personal Consumer Issues
Topic: How much to tip on DoorDash?
Replies: 60
Views: 4995

Re: How much to tip on DoorDash?

At least 20% and round up generously. I don't usually order via these apps. I'm doing so now because I need to stay home and stay safe. I can get paid to work from home. I'm assuming the driver can't - that's why they are logged on - and therefore they really need the money. As far as I'm concerned ...
by Tamarind
Wed Apr 22, 2020 8:11 am
Forum: Personal Investments
Topic: Relative with Single Stock Holding
Replies: 10
Views: 985

Re: Relative with Single Stock Holding

... You would take the blame if it doesn't go well - if her new holding drops or if she sells a little too much, hits $40,001 taxable income and suddenly had to pay 15% on those gains. She would only have to pay 15% on $1 in that scenario. This is absolutely right and thanks for the reminder. The c...
by Tamarind
Wed Apr 22, 2020 6:08 am
Forum: Personal Consumer Issues
Topic: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three to
Replies: 131
Views: 6153

Re: If you had to buy one new car which of these three would you buy Corolla, Camry or Prius? You only have these three

I'd buy a Mazda. But if you really put a gun to my head I'd probably get a Corolla, yelling the whole time that I was under duress.
by Tamarind
Wed Apr 22, 2020 6:04 am
Forum: Personal Investments
Topic: Whole Life policy with LT care rider
Replies: 22
Views: 1092

Re: Whole Life policy with LT care rider

Run. A salesman who tries to make things more complicated is not doing you a service. Trust me, he doesn't understand how it works either and couldn't read the whole paper, though I bet he has learned to parrot key sentences. He has also learned, however, that if he can make it seem complex enough p...
by Tamarind
Wed Apr 22, 2020 5:42 am
Forum: Personal Investments
Topic: Relative with Single Stock Holding
Replies: 10
Views: 985

Re: Relative with Single Stock Holding

In addition to the notes above, she would need to know her total income with some precision and predictability to make any kind of tax plan. It sounds like she might have some space in the 0% capital gains space (taxable income total is is below $40k). If so, she could sell some appreciated shares e...
by Tamarind
Mon Apr 20, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Any holes in this long term disability policy?
Replies: 15
Views: 1291

Re: Any holes in this long term disability policy?

This looks almost exactly like the policy I bought from Guardian. I did not get the catastrophic rider. About a year later I changed jobs to a company that only offered voluntary LTD and exercised the FIO. This roughly doubled both my coverage and my premium. I expect to keep this policy until I hit...
by Tamarind
Mon Apr 20, 2020 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 401k withdrawal to pay (or accelerate) student loan payoff?
Replies: 7
Views: 360

Re: 401k withdrawal to pay (or accelerate) student loan payoff?

Nope. Don't do it. Pause your 529 or FSA contributions until you have paid off the car loan, first. Then the student loan. Check your budget - I suspect you have a leak somewhere if you don't have enough left over for taxable investing given your income.
by Tamarind
Mon Apr 20, 2020 7:29 am
Forum: Personal Investments
Topic: Freaked Out/Sold during Pandemic
Replies: 33
Views: 3631

Re: Freaked Out/Sold during Pandemic

The right time to get back in is always now, in full, because as you have determined you don't know what the market will do next. From the numbers and description you've given: 1) $140k loss on a portfolio with 33% equity, 2) not expecting to withdraw from retirement accounts other than RMD possibly...
by Tamarind
Mon Apr 20, 2020 7:09 am
Forum: Personal Consumer Issues
Topic: Growing Fruit and Vegetables
Replies: 30
Views: 1858

Re: Growing Fruit and Vegetables

Tomatillos and/or ground cherries (also called cape gooseberries). These are related species of husk fruit. Unlike tomatillos, ground cherries are sweet and great to eat straight from the garden. They like the hot weather and do great in humidity. Plants get wide but not like squash or melons, and r...
by Tamarind
Sun Apr 19, 2020 7:00 am
Forum: Personal Consumer Issues
Topic: COVID-19: When is it safe to travel?
Replies: 9
Views: 996

Re: COVID-19: When is it safe to travel?

Personally I would be very surprised if travel is safe again this year. But it is far too early to know.
by Tamarind
Sun Apr 19, 2020 6:59 am
Forum: Personal Finance (Not Investing)
Topic: how to help kin w/o complcations
Replies: 3
Views: 417

Re: how to help kin w/o complcations

I think the cleanest way is to just give them money - check or digital transfer - as needed. There are no tax implications I can think of for them of receiving a cash gift. All that's needed is for you to keep track of how much you have given each person so you know if you need to report the amount....
by Tamarind
Sat Apr 18, 2020 4:38 am
Forum: Personal Consumer Issues
Topic: Should I buy a new rice cooker from Zojirushi?
Replies: 75
Views: 5679

Re: Should I buy a new rice cooker from Zojirushi?

Yes. Well worth it. I have an almost 20 year old Panasonic smart rice cooker with a variety of settings, including brown rice. Has served me well since college and still going strong. I wouldn't make rice without it and I also use it as my crockpot. If I could have afforded the Zojirushi you link at...
by Tamarind
Thu Apr 16, 2020 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Home Purchase
Replies: 13
Views: 723

Re: First Time Home Purchase

OP, do you want to buy a house?

It is not an good financial decision to buy a house at any price if you do not want to own and maintain one.
by Tamarind
Wed Apr 15, 2020 4:56 pm
Forum: Personal Consumer Issues
Topic: Stimulus Charity?
Replies: 28
Views: 1582

Re: Stimulus Charity?

I'm weighing two options: food banks and bail bond funds. The first is probably self-explanatory. With massive unemployment comes hunger, and food banks need all the money they can get right now. The second is a fund which pays bail for people who are detained in local jails while awaiting trial. Ma...
by Tamarind
Wed Apr 15, 2020 3:43 pm
Forum: Personal Investments
Topic: Business Banking Account
Replies: 5
Views: 397

Re: Business Banking Account

Another vote for Azlo. Incredibly easy, no fees.
by Tamarind
Wed Apr 15, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success
Replies: 55
Views: 3360

Re: BOOK: Fully Grown, Why a Stagnant Economy is a Sign of Success

Is the trend to increasing automation covered? Not extensively, but the study shows that while innovation, research and development have likely been adding to U.S. productivity in recent decades, their contribution was being overwhelmed by the negative impacts of declining birth rates and the shift...
by Tamarind
Wed Apr 15, 2020 1:40 pm
Forum: Personal Investments
Topic: My friend says his Roth and 401k are higher than before the pandemic started
Replies: 49
Views: 5579

Re: My friend says his Roth and 401k are higher than before the pandemic started

My wife's 401k is higher than it was on 2/20. She contributes the max allowed per paycheck and maxes it out early in the year. Also she holds more bonds than I do so it didn't drop as much. Your friend's performance doesn't really tell you anything about your own. You should be comparing your perfor...
by Tamarind
Wed Apr 15, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24306

Re: IRS Get My Payment up and running

I got a refund both years, and the tool says my payment is scheduled for deposit today.
by Tamarind
Tue Apr 14, 2020 3:49 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1403
Views: 189548

Re: Post your Financial Milestone Announcements Here

A little milestone. Today I funded a taxable account for my wife and I for the first time. This means our income has grown enough that we are maxing out all tax-advantaged accounts and still need to sock more away to meet our savings goal. $3k of VTIAX doesn't seem like much, but now I'll get to sta...
by Tamarind
Mon Apr 13, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 463
Views: 15865

Re: Bird watchers – what birds are you seeing?

A new one for me this year is the Carolina chickadee. They like to spend time in the young oak tree in my front yard in the morning. Such tiny birds!