Search found 554 matches

by epictetus
Sat Oct 19, 2019 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Should I take the job in OKC or Orlando?
Replies: 98
Views: 5574

Re: Should I take the job in OKC or Orlando?

i would be very concerned going into a practice owned by a couple. i think you would always be the odd person out in that situation.

if you want to go to orlando would suggest looking around to see if there are other options.
by epictetus
Fri Sep 27, 2019 11:56 am
Forum: Personal Investments
Topic: Threw me a curve [unexpected layoff]
Replies: 36
Views: 5917

Re: Threw me a curve [unexpected layoff]

frcabot » Thu Sep 26, 2019 7:19 pm epictetus wrote: ↑ Thu Sep 26, 2019 6:18 pm depending on your expenses you might be able to make it on your pensions alone. I agree that OP is actually in a decent spot considering his savings, but I’m struggling to see how you think someone can survive on $7.7K pe...
by epictetus
Thu Sep 26, 2019 6:18 pm
Forum: Personal Investments
Topic: Threw me a curve [unexpected layoff]
Replies: 36
Views: 5917

Re: Threw me a curve [unexpected layoff]

let me encourage you to mentally step back from the situation and take a few deep breaths before you make any major decisions/take any big actions. what are your monthly expenses now/what are they going to be? that is a key piece of info we need. if i read correctly you have almost 600,000 in 401ks ...
by epictetus
Wed Sep 11, 2019 5:31 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9903

Re: Too Late To Get Back Into Stocks?

if you put aside X years of expenses in something safe (1,5,10,15,20; whatever number you would be comfortable with) and invest the rest however you see fit you might have less stress/be less likely to make big moves into and out of the market. the key is to find a plan/method you can stick with thr...
by epictetus
Sat Sep 07, 2019 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Obsessing about money and investing
Replies: 21
Views: 2288

Re: Obsessing about money and investing

what is your AA? how much are your yearly expenses? sounds like your AA might be too heavy in stocks. some options: you might think about reducing your stock exposure. you might think about putting X amount of money in something less volatile (bonds, cds, savings accounts, etc) and that might help r...
by epictetus
Wed Sep 04, 2019 6:05 pm
Forum: Investing - Theory, News & General
Topic: Should I place ETF orders when the market is closed?
Replies: 34
Views: 1933

Re: Should I place ETF orders when the market is closed?

i have not had any issues/problems putting in an order to buy VTI while the market is closed and having the order executed when the market opens. i thought it would be a problem but it has not been. at Fidelity, if you put in a purchase order when the market is closed you are limited to purchasing 9...
by epictetus
Sun Sep 01, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: Did humanity ever make good Gas cans
Replies: 70
Views: 6524

Re: Did humanity ever make good Gas cans

i had a metal one that i used for many years with no problem. i probably got it at lowes or home depot
by epictetus
Sat Aug 24, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Grass is greener on the other side - Need inputs
Replies: 25
Views: 3034

Re: Grass is greener on the other side - Need inputs

the value of the pension is massive.
85% of your highest earning.
have to factor that into the amount you are making
with that factored in my guess is you are making more than your friends
by epictetus
Sat Aug 24, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Grass is greener on the other side - Need inputs
Replies: 25
Views: 3034

Re: Grass is greener on the other side - Need inputs

let's see... you have 1 million dollars you work in a job you enjoy you work in a location you enjoy you get paid a decent salary with regular raises you have a pension plan that will pay you 85% of your highest salary at retirement you work 4 days a week you are happy where you are and things there...
by epictetus
Sat Aug 24, 2019 7:10 am
Forum: Personal Investments
Topic: Initial rebalance/simplify accounts
Replies: 11
Views: 1025

Re: Initial rebalance/simplify accounts

in the Roth IRA you can do what you like re: selling and re-allocating without concern re: tax implications. the taxable account is where you would have potential impact of taxable gains/losses to figure out and report. if it it true you could sell everything within taxable account without tax hit w...
by epictetus
Sun Aug 18, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: Battery powered lawn mower
Replies: 54
Views: 3546

Re: Battery powered lawn mower

Kobalt 80 v from Lowe's. It is Lowe's brand mower so they are responsible for warranty issues. Mower warranty is 5 years with Lowe's. So if something breaks you take it back to Lowe's and don't have to ship it off somewhere or try and find whoever the warranty service has been contracted out to. I h...
by epictetus
Sun Aug 04, 2019 5:39 pm
Forum: Investing - Theory, News & General
Topic: ETF How To [How do I purchase and use ETFs in my portfolio?]
Replies: 53
Views: 3224

Re: ETF How To

I started buying VTI in December at Fidelity and have done so 4-5 times since then. This has been my experience: If you put in a market order when the market is closed it will buy the ETF when the market opens the next day. Usually the minute it opens. If you put in a market order when the market is...
by epictetus
Tue Jul 09, 2019 5:38 pm
Forum: Personal Investments
Topic: Fidelity 401k now charging fees for brokerage link
Replies: 23
Views: 1531

Re: Fidelity 401k now charging fees for brokerage link

any decent mutual funds available within the plan itself that could be used that would be less expensive?
by epictetus
Sun Jul 07, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: U.S. savingsbonds.com
Replies: 16
Views: 2005

Re: U.s. savingsbonds.com

is this where you mean?

https://www.treasurydirect.gov/
by epictetus
Sun Jul 07, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: Time for a new car - Corolla or Civic...
Replies: 101
Views: 9844

Re: Time for a new car - Corolla or Civic...

the data from Consumer Reports suggests that Toyota is more reliable overall that Honda.

that has also been my experience as an owner of 2 Hondas in the past and 2 Toyotas now.
by epictetus
Thu Jul 04, 2019 1:51 pm
Forum: Personal Consumer Issues
Topic: Cleaning bugs off car bumper
Replies: 32
Views: 2747

Re: Cleaning bugs off car bumper

i have found these mesh covered sponges the best for getting bugs off bumper. https://www.walmart.com/ip/Viking-Microfiber-Bug-Mesh-Car-Cleaning-Sponge-Multi-Purpose/52162251?wmlspartner=wlpa&selectedSellerId=0&adid=22222222227041047186&wl0=&wl1=g&wl2=c&wl3=98957073617&wl4=aud-566049426705:pla-24327...
by epictetus
Thu Jul 04, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 11207

Re: The Day Has Come - Hit Retirement Number - Now What?

would suggest you look at the value of your stock allocation and cut that value in half.
and then think if you would be comfortable retiring with that number.
by epictetus
Thu Jul 04, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 141
Views: 15284

Re: Staying the course is so hard (support thread)

if you want more freedom, options, etc. then have less debt not more. it sounds like you are worn-out and stressed-out and having a mid-life crisis. not a great time to be making big decisions that will tie you even longer into what is making you worn-out and stressed out. if you want to work on mor...
by epictetus
Sat Jun 29, 2019 5:22 pm
Forum: Personal Investments
Topic: how do commission-free ETFs work?
Replies: 7
Views: 1046

Re: how do commission-free ETFs work?

ITOT at Fidelity is one option. Or, if you are making infrequent purchases, you might buy VTI (vanguard's total market etf) . it costs $4.95 to buy VTI at Fidelity.

I think at etrade you can buy VTI for free.
by epictetus
Sat Jun 29, 2019 7:00 am
Forum: Investing - Theory, News & General
Topic: Hitting Critical Mass and then dealing with those feelings of Surreal
Replies: 51
Views: 6936

Re: Hitting Critical Mass and then dealing with those feelings of Surreal

also keep in mind that we have been in a bull market for almost 10 years.
when your stock allocation goes down 50% the numbers will look different.
that will be surreal in a different way
by epictetus
Sat Jun 22, 2019 7:20 am
Forum: Personal Investments
Topic: How did you overcome your fear of investing?
Replies: 33
Views: 2658

Re: How did you overcome your fear of investing?

what does "80% solution" mean? 80% in stocks? that is a high allocation of you are middle-aged. one thought: put X amount of years of your expenses in bonds/cash. and then invest the rest however you like. that way, no matter what happens with the amount you have invested, you know you have X years ...
by epictetus
Fri May 10, 2019 5:41 pm
Forum: Personal Investments
Topic: Lower risk is in my plan but I just can't!
Replies: 52
Views: 4516

Re: Lower risk is in my plan but I just can't!

how about putting X years worth of expenses in bonds (1,3,5,10, whatever you decide) and then the rest in stocks? and then you don't have to worry re: percentages, etc.
by epictetus
Fri May 10, 2019 5:29 pm
Forum: Personal Investments
Topic: Time to fire the financial assistant. Help me with the courage.
Replies: 41
Views: 4394

Re: Time to fire the financial assistant. Help me with the courage.

probably hard to some extent b/c this is part of saying goodbye to your mom and what she wanted, how she did things.

the guy was paid by your mom to be nice to your mom.

you don't need/want to pay for that service.
by epictetus
Sun Apr 28, 2019 12:39 pm
Forum: Personal Consumer Issues
Topic: Best electric cordless lawn mower for medium sized yard?
Replies: 40
Views: 2857

Re: Best electric cordless lawn mower for medium sized yard?

you might look at the Kobalt mowers at Lowe's. they are a Lowe's brand product so if you have any problem with them Lowes has to deal with it, versus sending you off somewhere else, mailing in the mower, etc. they have 40V and 80V options I bought the 80V last year. Had a wheel go bad which they rep...
by epictetus
Sun Apr 14, 2019 1:54 pm
Forum: Personal Investments
Topic: Considering Muni bond ETFs for my Taxable account
Replies: 9
Views: 1397

Re: Considering Muni bond ETFs for my Taxable account

vteb is vanguard's tax-exempt muni-bond fund etf.
might be worth look at that v. MUB to see how they compare
by epictetus
Sat Mar 23, 2019 1:28 pm
Forum: Personal Consumer Issues
Topic: Lawnmower(s)
Replies: 43
Views: 3504

Re: Lawnmower(s)

I bought a Kobalt (Lowe's brand) 80 volt electric mower last Spring. It comes with 2 batteries. I have a half-acre yard. Two batteries was not enough to mow the yard so bought a 3rd battery. I start mowing with 3 batteries fully charged and then charge as I go when they run out of charge and that wo...
by epictetus
Sun Mar 03, 2019 10:48 am
Forum: Personal Investments
Topic: New to the site, wish i found it sooner
Replies: 26
Views: 1949

Re: New to the site, wish i found it sooner

focus on controlling your costs and saving all you can. make good use of tax-deferred and tax-exempt investment vehicles use no more than 10% of your money to shoot for the moon. use the rest of your money to invest in a low-cost index-based portfolio you are in very good shape financially. avoiding...
by epictetus
Mon Feb 11, 2019 6:47 pm
Forum: Personal Consumer Issues
Topic: Copenhagen/Stockholm/Oslo in May/June
Replies: 28
Views: 1976

Re: Copenhagen/Stockholm/Oslo in May/June

would suggest researching Rick Steves' website on the areas you are planning to visit.
by epictetus
Sat Feb 09, 2019 4:12 pm
Forum: Personal Investments
Topic: Fidelity ZERO YTD Performance
Replies: 33
Views: 5009

Re: Fidelity ZERO YTD Performance

the issue with those funds in taxable acct is the capital gain distributions. at Fidelity, either holding ITOT (no fee to buy/sell) or VTI (fee to buy/sell) would put you in a better place re: capital gain distributions for a total stock market holding. I would prefer a Fidelity MF that was as good ...
by epictetus
Fri Jan 25, 2019 6:42 pm
Forum: Personal Investments
Topic: Close Match to Wellesley or Wellington w/Fidelity
Replies: 26
Views: 3160

Re: Close Match to Wellesley or Wellington w/Fidelity

The Puritan fund or the Balanced fund are the two closest to Wellington. They don't really have something like Wellesley I don't think..

She also might look at the Fidelity Freedom Index Funds in whatever stock/bond ratio is of interest
by epictetus
Sat Jan 19, 2019 10:35 am
Forum: Personal Investments
Topic: Never thought it would happen to me - life changing injury
Replies: 38
Views: 5536

Re: Never thought it would happen to me - life changing injury

i would encourage you to first determine your monthly expenses as best you can. and if you will continue getting SSDI payments or any other source of regular monthly income. then figure out what amount you have to pull out of your holdings each month to meet your expenses. with that info in hand you...
by epictetus
Fri Jan 18, 2019 7:49 pm
Forum: Personal Investments
Topic: etf vs index funds . tax efficiency
Replies: 16
Views: 855

Re: etf vs index funds . tax efficiency

this is my understanding:

in general, etfs are more tax efficient that mutual funds.

this does not hold true for Vanguard.
by epictetus
Sun Jan 13, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3957

Re: Company relocating and not interested - next steps ?

it sounds like you might receive a lot of money if you wait until the end (multiple 6 figures your note indicated). and if you get another job before the end and resign you won't get the payoff you would get if you waited until the end. and it sounds like you really don't want to move. if you are su...
by epictetus
Sat Jan 12, 2019 3:57 pm
Forum: Personal Investments
Topic: Rollover - why checks instead of wiring funds?
Replies: 42
Views: 2792

Re: Rollover - why checks instead of wiring funds?

Fidelity no longer has the fee to close an IRA.

viewtopic.php?t=255571
by epictetus
Mon Jan 07, 2019 6:45 pm
Forum: Investing - Theory, News & General
Topic: Reasons to own Vanguard ETFs over Admiral shares?
Replies: 94
Views: 9631

Re: Reasons to own Vanguard ETFs over Admiral shares?

if you have a Vanguard account I think it makes perfect sense to hold a Vanguard mutual fund v. a Vanguard ETF.

If you don't have a Vanguard account, the ETF can be a nice option that allows you to buy a Vanguard product at a non-Vanguard brokerage.
by epictetus
Sat Jan 05, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: 11 days in Europe...Budget and logistical advice please
Replies: 90
Views: 5307

Re: 11 days in Europe...Budget and logistical advice please

there is a lot of great information on Rick Steves' website: https://www.ricksteves.com/ you can watch his TV shows on different cities/countries from there, look at what he suggests re: how much time to spend in different places, what to see etc. In the "TV" section of the site were several shows s...
by epictetus
Tue Jan 01, 2019 3:52 pm
Forum: Personal Consumer Issues
Topic: Booking an international trip
Replies: 10
Views: 880

Re: Booking an international trip

Globus Journeys is a tour company that has been around a long time and has lots of options. we have traveled with them several times and always go back to them because of our experiences with them. very easy to work with. here is a link to their page re: Asia tours: https://www.globusjourneys.com/Va...
by epictetus
Sun Dec 23, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: "Masters in Counseling" vs. "Masters in Social Work" (Massachusetts)
Replies: 21
Views: 2081

Re: "Masters in Counseling" vs. "Masters in Social Work" (Massachusetts)

i have posted links below from the occupational outlook handbook on social worker and mental health counselors: https://www.bls.gov/ooh/community-and-social-service/social-workers.htm https://www.bls.gov/ooh/community-and-social-service/substance-abuse-behavioral-disorder-and-mental-health-counselor...
by epictetus
Fri Dec 21, 2018 5:45 pm
Forum: Personal Investments
Topic: Stick with Fidelity or open Vanguard account?
Replies: 34
Views: 1971

Re: Stick with Fidelity or open Vanguard account?

another option is to by VTI (the vanguard etf) in your Fidelity taxable account. I think it costs $4.95/trade.

as others have mentioned you can buy ITOT at Fidelity without a fee.
by epictetus
Mon Dec 17, 2018 6:26 pm
Forum: Personal Investments
Topic: Help a dummy TLH...
Replies: 42
Views: 2180

Re: Help a dummy TLH...

is IVV available commission-free at Fidelity? it is the Ishares 500 index etf.
just a thought
by epictetus
Sun Dec 09, 2018 2:00 pm
Forum: Personal Investments
Topic: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]
Replies: 16
Views: 2443

Re: ITOT $60, VTI $134

if your taxable acct is at Vanguard, you could just buy Vanguard's total market index fund. has the same tax efficiency as the ETF (VTI).
by epictetus
Mon Dec 03, 2018 7:22 pm
Forum: Personal Investments
Topic: Fund Picks from Fidelity 401k
Replies: 6
Views: 521

Re: Fund Picks from Fidelity 401k

you have great options in that plan

I would suggest one of the Vanguard Target Date funds. If not that then the individual index funds mentioned by others.

congratulations on having such a great plan
by epictetus
Tue Nov 27, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 6738

Re: Why is the Honda Fit so hard to find?

have you looked at a Prius C? i think size/storage wise it would be similar to the Fit.
by epictetus
Fri Nov 23, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 6366

Re: New TV Recommendations Please?

go with your wife to Costco and buy one that she likes
:happy
by epictetus
Mon Nov 19, 2018 7:10 pm
Forum: Personal Consumer Issues
Topic: Time to buy/lease an electric or hybrid?
Replies: 22
Views: 3245

Re: Time to buy/lease an electric or hybrid?

have you considered the Prius C?
by epictetus
Tue Nov 13, 2018 6:59 pm
Forum: Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 132
Views: 23017

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

would suggest lowering stock allocation to more comfortable level and staying there. Age in bonds, 50/50, or whatever you can stay with for the long haul. would suggest reducing the number of holdings and simplifying would suggest consideration of a balanced fund would suggest putting X amount of mo...
by epictetus
Mon Nov 05, 2018 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Are we in trouble?
Replies: 123
Views: 20176

Re: Are we in trouble?

if your spouse is happy in a stable job and you are unhappy in the new job one thought is to make decisions re: what you can afford re: housing based on just your spouse's income. and not making it a stretch on his/her income. if you are unhappy already in your new job would encourage you not to inc...
by epictetus
Sat Nov 03, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Which Prius or something else?
Replies: 25
Views: 1858

Re: Which Prius or something else?

Prius C has good visibility and does not have a center console between the front seats. It does have the gear shift on the floor if that is what you mean by center console.
by epictetus
Sat Oct 27, 2018 4:53 pm
Forum: Personal Investments
Topic: How to exit out of the Stock Market?
Replies: 58
Views: 6628

Re: How to exit out of the Stock Market?

if you want to move out of a more volatile stock index etf/fund into something less volatile you have several options: 1. bond funds/etf 2. CDs 3. online savings accounts 4. money market funds all of them would have much less volatility/risk of loss that the stock index etf/fund selling the stock et...