Search found 98 matches

by DCChak
Thu Nov 07, 2019 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Sell equities to pay down mortgage
Replies: 22
Views: 2080

Re: Sell equities to pay down mortgage

At the risk of further veering into market timing, I'm presuming, since you are here, that the equity investment is in a low cost, broad based index fund or ETF, and not an individual stock that has experienced better-than-the-market appreciation since your buy, amirite?
by DCChak
Wed Oct 09, 2019 11:00 am
Forum: Personal Investments
Topic: Fee-only planner for federal employees?
Replies: 30
Views: 2212

Re: Fee-only planner for federal employees?

Have you heard of Edward A. Zurndorfer? He's a certified financial planner out of Silver Springs, Maryland. His area of expertise is federal employee benefits, but I don't know if he works on a fee basis. He retired from federal civil service around the 2005 timeframe, and in addition to his work a...
by DCChak
Fri Aug 09, 2019 3:11 pm
Forum: Personal Investments
Topic: Is my 529 glide path too aggressive?
Replies: 20
Views: 1779

Re: Is my 529 glide path too aggressive?

Interesting. I have been biased towards a more aggressive glide path than what the VA investor-based funds suggest, since I could potentially access other funds to help pay if necessary, and since I have three kids (DS15, DD13, DD1). If I have $ left over, I can roll it to the next kids' account.
by DCChak
Fri Feb 22, 2019 2:49 pm
Forum: Personal Investments
Topic: TSP Advice - Retiring Soon
Replies: 38
Views: 5333

Re: TSP Advice - Retiring Soon

Hi. I was wondering if both spouses are TSP participants if the surviving spouse could roll the balance into their own account avoiding the tax implications for the kids once the second person passes away. Could a person roll the money out into an ira and then roll it back in or something along tho...
by DCChak
Fri Feb 22, 2019 2:49 pm
Forum: Personal Investments
Topic: TSP Advice - Retiring Soon
Replies: 38
Views: 5333

Re: TSP Advice - Retiring Soon

Returning back to this after a bit of study ... After reading up on TSP Book 32 , Managing Your Account for Beneficiary Participants, I think I was mistaken above. Should I predecease my fellow Fed spouse, she could take the tTSP money that she inherits from me that was deposited into her BPA and tr...
by DCChak
Fri Feb 08, 2019 3:36 pm
Forum: Personal Investments
Topic: TSP Advice - Retiring Soon
Replies: 38
Views: 5333

Re: TSP Advice - Retiring Soon

Hi. I was wondering if both spouses are TSP participants if the surviving spouse could roll the balance into their own account avoiding the tax implications for the kids once the second person passes away. Could a person roll the money out into an ira and then roll it back in or something along tho...
by DCChak
Fri Feb 08, 2019 1:42 pm
Forum: Personal Investments
Topic: TSP Advice - Retiring Soon
Replies: 38
Views: 5333

Re: TSP Advice - Retiring Soon

Hi. I was wondering if both spouses are TSP participants if the surviving spouse could roll the balance into their own account avoiding the tax implications for the kids once the second person passes away. Could a person roll the money out into an ira and then roll it back in or something along tho...
by DCChak
Thu Nov 08, 2018 2:29 pm
Forum: Personal Consumer Issues
Topic: aerobic exercise: rower vs. treadmill and elliptical
Replies: 44
Views: 4465

Re: aerobic exercise: rower vs. treadmill and elliptical

The weight bearing distinction is important. I always felt like I got a better workout when I spent 30 minutes on a Concept2 or similar rower vs what I did on the treadmill and elliptical, so I was a bit puzzled when I read that the calorie burn is higher on treadmills, then ellipticals, then rowers...
by DCChak
Tue Sep 04, 2018 2:12 pm
Forum: Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 11498

Re: Max you should invest in a 529?

So I don't believe my situation is unusual - My wife and I both work and make under the ROTH IRA limits. We are both over 50 (granted we were not over 50 for most years while contributing to the 529). We both can contribute $24K to 401Ks, $6.5K to ROTH. That's $61K not including any matching money ...
by DCChak
Fri Aug 31, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Auto Renewals
Replies: 22
Views: 1327

Re: Auto Renewals

I prefer to call these Negative Option arrangements, as I find the pejorative connoation more appropriate. I also like to avoid them. More on them below: https://bluewatercredit.com/negative-option-billing-shady-marketing-practice-youre-probably-already-falling/ https://www.ftc.gov/news-events/blogs...
by DCChak
Thu Aug 30, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: What do you order for drinks at wedding?
Replies: 12
Views: 1134

Re: What do you order for drinks at wedding?

Depends on: 1) time of year, 2) the wines they have available, and 3) the scotches and bourbons they have available (my preference if not too hot). Either a glass of red, a whiskey I like, neat, or a white Russian. If its really hot, and they have flavored vodka available, I might go for a mandarin ...
by DCChak
Thu Aug 30, 2018 7:53 am
Forum: Personal Investments
Topic: What do you know about LPL Financial?
Replies: 32
Views: 3737

Re: What do you know about LPL Financial?

My experience with LPL, more precisely, my parents experience, was described here - https://www.bogleheads.org/forum/viewtopic.php?f=1&t=223671&p=3454611&hilit=lpl#p3454611 I also have a high school basketball teammate who is working in Jersey as an LPL-backed financial advisor. Said teammate never ...
by DCChak
Thu Aug 30, 2018 7:30 am
Forum: Personal Investments
Topic: Young investor: How to stay the course? How to not think about investing all the time?
Replies: 16
Views: 2302

Re: Young investor: How to stay the course? How to not think about investing all the time?

Interesting post. Good advice above. triceratop is right that one way to make sure you don't get seduced by the latest shiny object is to thoroughly and fully investigate not just the upside of said object but the full range of risks and potential downsides. dzuiniek is right that you have already s...
by DCChak
Tue Aug 07, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2925

Re: Getting the stink out of synthetic shirts

Here's an old trick I remember from my track team days that I still use to this day with success: Bring your sweaty clothes with you into the shower! Just throw them on the floor, stomp on 'em a bit while you are busy showering, then rinse, wring and hang. Yep, I do this too ... before I even place...
by DCChak
Tue Aug 07, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2925

Re: Getting the stink out of synthetic shirts

The high ph recommended in the wash above would likely neutralize the basic ammonia (or whatever is seeping into the clothes). Uh, you got this backwards I think or you didn't write what you meant. High pH indicates something is basic and not acidic. To neutralize something basic, one would not add...
by DCChak
Mon Aug 06, 2018 4:41 pm
Forum: Personal Consumer Issues
Topic: Getting the stink out of synthetic shirts
Replies: 37
Views: 2925

Re: Getting the stink out of synthetic shirts

Short answer: Nothing. In my experience, this is true even for the expensive versions. Consequently, what I have started to do is look for lots of cheap, new synthetic shirts and shorts that I can't treat as disposable once the stench sits in. I've been able to find A4 brand and 32 Degree brand shir...
by DCChak
Fri Aug 03, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 140
Views: 9947

Re: Car price ratio to NW

Hadn't thought of this ratio before. Also not convinced of its value. My (49) car - 0.6% of HHNW, 3.6% of Annual Income Wife's (35) car - 1.5% of HHNW, 21% of Annual Income For that matter: Student loan annual payments - 1% of HHNW, 4.6% of Annual Income Mortgage annual payments - 22% of HHNW, 15% o...
by DCChak
Tue Jul 24, 2018 4:45 pm
Forum: Personal Investments
Topic: Roth IRA for teen
Replies: 19
Views: 1710

Re: Roth IRA for teen

Does anyone know how the money in a Roth IRA for a teen is weighed in the financial aid process? Since it is classified as a retirement account, I would think that colleges shouldn't expect any contributions from the account, but many colleges presume much of student-owned assets should go towards t...
by DCChak
Wed Jul 18, 2018 8:59 am
Forum: Investing - Theory, News & General
Topic: Should your employment/income source determine your investment choices?
Replies: 15
Views: 1646

Re: Should your employment/income source determine your investment choices?

Interesting question. My experience is not identical, but somewhat related. I am a Federal Government employee, as is my wife. We both have pensions, and stronger-than-average job security. While I haven't made a growth-value tilt, as described above, in my AA, I tilt towards equity vs fixed income...
by DCChak
Wed Jul 18, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: Rebalance into international?
Replies: 7
Views: 1171

Re: Rebalance into international?

Have not yet. At the risk of being accused of market timing, it's hard for me to see a bottom for international relative to domestic right now given the recent tariff bluster and silliness. That may of course be the precisely right time to buy. But FWIW, I'm still waiting a bit.
by DCChak
Fri Jun 15, 2018 6:58 pm
Forum: Investing - Theory, News & General
Topic: Should your employment/income source determine your investment choices?
Replies: 15
Views: 1646

Re: Should your employment/income source determine your investment choices?

Interesting question. My experience is not identical, but somewhat related. I am a Federal Government employee, as is my wife. We both have pensions, and stronger-than-average job security. While I haven't made a growth-value tilt, as described above, in my AA, I tilt towards equity vs fixed income,...
by DCChak
Wed Jun 06, 2018 9:05 am
Forum: Personal Investments
Topic: 529 College Saving question
Replies: 15
Views: 1204

Re: 529 College Saving question

Seems like a hefty annual contribution to the 529, but no mention of 401k/IRA balances and contributions. Are you maxing out your options there, including the Roth space, first?
by DCChak
Wed Jun 06, 2018 8:50 am
Forum: Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 9143

Re: Should I put some money aside in money market for market correction

Hi, this is my first question in this forum. I have recently started my investing journey and after reading https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/B077VYLVGP/ref=sr_1_4?ie=UTF8&qid=1528058956&sr=8-4&keywords=Bogleheads I am convinced that I should be investing in an index fund...
by DCChak
Tue Jun 05, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Second week of biking in the Balkans
Replies: 6
Views: 1414

Re: Second week of biking in the Balkans

We also passed through Mukinje. Between that village and so many others with buildings riddled with bullet holes, the war doesn't seem like it was that long ago. And one interesting factoid we were told. Apparently Croatia doesn't have property tax. So there's no way for the government to deal with...
by DCChak
Tue May 29, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: work one more year or attend law school
Replies: 67
Views: 6137

Re: work one more year or attend law school

Don't think I saw anything about the bimodal salary distribution for law students. NALP data for the class of 2014 is here - https://www.nalp.org/class_of_2014_salary_curve One overview how the distribution has changed over time is here - https://abovethelaw.com/2013/11/dont-you-love-it-when-recent-...
by DCChak
Tue Mar 27, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Grass is always greener, federal edition
Replies: 59
Views: 8509

Re: Grass is always greener, federal edition

In many ways, I'm in the same boat as OP. Typed out a long response, but then lost it as I wasn't signed in. :oops: A few quick hits: 1. Less concerned about losing Fed pension. Cuts have been discussed but not passed. High-5 and higher payments in possible. Likely grandfathering. Also won't lose ex...
by DCChak
Mon Mar 26, 2018 9:16 am
Forum: Personal Finance (Not Investing)
Topic: House Purchase - Sanity Check On Financials
Replies: 53
Views: 5217

Re: House Purchase - Sanity Check On Financials

Lots of good advice above. Predicted stability of income, or likelihood of potential growth, is an important consideration. I'm a little puzzled at the sticker price. OP says he is in Suburban Dallas, but then also says he is only finding houses over $750k+ w/one acre suitable. I didn't think housin...
by DCChak
Tue Mar 20, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Present Value of a FERS Pension with a Spousal Benefit
Replies: 7
Views: 1317

Re: Present Value of a FERS Pension with a Spousal Benefit

What is the basis for the Life Expectancy tables you cite? I see the note that the data comes from the US Census and SSA, but do you have any more detail? My understanding is that Mortality tables for pension calculations can vary widely. I need to make a similar valuation myself soon. Also, how did...
by DCChak
Fri Feb 09, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Yield anomalies on 3- to 5-year TIPS
Replies: 3
Views: 336

Re: Yield anomalies on 3- to 5-year TIPS

Not to be alarmist, but is this a data point indicating an inverted yield curve?

My understanding is that inverted yield curves have historically been a bearish signal predicting recessions. https://www.investopedia.com/terms/i/in ... dcurve.asp
by DCChak
Wed Jan 24, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 20307

Re: Dear wife quits job and now we are down to 1 income

You only list your emergency fund. Do you have substantial other assets? This x 1000. Are you holding "Applestock" with substantial gains? What about your current retirement holdings and asset allocation? Any pensions? Expected inheritances? All that said, you've probably got a bigger issue managin...
by DCChak
Tue Jan 09, 2018 8:49 am
Forum: Personal Investments
Topic: Barclays Schiller CAPE ETN
Replies: 16
Views: 2251

Re: Barclays Schiller CAPE ETN

Have been intrigued for some time, and I like the underlying strategy and auto-rebalancing mechanism. Just haven't freed up personal assets to move into it, and also haven't studied the underlying costs involved. Hope to do so soon. Thanks to BHs above for their details on costs, dividends, and mutu...
by DCChak
Sun Dec 31, 2017 3:02 pm
Forum: Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 9150

Re: Can I afford a $600-650k house?

Interesting thread. Those asking whether you can buy something cheaper don't know the area. Some of what you are considering seems similar to my prior decisions. Bought a 4 BR TH 1/2 mile from RTC in 2001 for $232k. Saw the identical unit sold by a neighbor in 2005 for $475k. Sold mine in 2006 for $...
by DCChak
Wed Dec 20, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 72133

Re: Tax Bill Omnibus Thread

Folks, Pardon my ignorance, my kids are in college. They are more than 17 years old and less than 24 years old. They are my dependents. If I meet the income limit, can I claim the child tax credits? KlangFool KlangFool, The WaPo had an article out this morning on your relative plight - https://www....
by DCChak
Thu Dec 07, 2017 6:30 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’
Replies: 324
Views: 42093

Re: Jack Bogle Says ‘Avoid Bitcoin Like the Plague’

Nuerosphere, JDSU was my GLW. I recall both of them trading in sync around that time. I ended up learning a similar, costly at the time, but not so costly over the long-term, lesson. Oddly enough, my law school classmate ended up becoming general counsel of JDSU just before it changed into Viavi in ...
by DCChak
Sat Nov 25, 2017 9:50 pm
Forum: Personal Investments
Topic: Best Fund for Back Door Roth IRA
Replies: 6
Views: 716

Re: Best Fund for Back Door Roth IRA

What about the CAPE ETN? Low cost, fairly broad based, and automatically rebalanced into value and momentum sectors.
by DCChak
Tue Oct 24, 2017 2:01 pm
Forum: Personal Investments
Topic: Help with parent’s portfolio
Replies: 26
Views: 2072

Re: Help with parent’s portfolio

Would it help to explain to her that, in apparently trying to eliminate [sequence of return] risk by shifting her assets into annuities and bonds, she instead has opened herself to a different kind of risk? Michael Kitces has explored recent research on a rising equity glide path for some of the ret...
by DCChak
Tue Oct 03, 2017 2:36 pm
Forum: Personal Investments
Topic: TSP to Vanguard?
Replies: 128
Views: 24703

Re: TSP to Vanguard?

The SEC gave a presentation today on Federal TSP retirement and withdrawal options that will be available at this website for the next 2 weeks - https://www.sec.gov/video/live/47037593 ... 100317.htm
by DCChak
Mon Oct 02, 2017 10:07 am
Forum: Investing - Theory, News & General
Topic: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders
Replies: 13
Views: 2594

Re: 2017 BOGLEHEAD CONTEST -- Third Quarter Leaders

Pleased that my "expertise" exceeds that of those holding the title, but still well aware that there is another quarter to go.
by DCChak
Mon Oct 02, 2017 9:52 am
Forum: Personal Investments
Topic: 403(B) advisor advice to wife
Replies: 36
Views: 3781

Re: 403(B) advisor advice to wife

I have owned American Funds GFA funds in a VA 529 set up by a financial advisor for my DS14 (Thanks Edelman :oops:), and a small portion in an old rollover IRA. Not long after opening each, I ceased adding to those accounts and instead opened a VEST Direct 529 instead. The only reason I stayed in th...
by DCChak
Fri Sep 22, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5033
Views: 1294504

Re: What Movie Have You Recently Watched?

The Big Sick - Charming rom com with Pakistani lead from Silicon Valley and strong supporting roles by Holly Hunter and Ray Ramano, produced by Judd Apatow. How to Be a Latin Lover - Despite being panned at Rotten Tomatoes, for me this was slightly guilty, silly pleasure, also with fun supporting r...
by DCChak
Wed Sep 20, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 47763

Re: Michael Kitces 4% rule podcast on Madfientist

Lots of very interesting discussion throughout this sprawling monster of a thread. Several of the authors Victoria cited above (Taleb, Kahnemann, Areily, etc.) were guests, often more than once, on my former Prof's Russell Roberts' podcast - EconTalk - http://www.econtalk.org/. Russ and/or his colle...
by DCChak
Wed Aug 30, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Federal pension beats high salary and savings rate? (fed vs contractor for employment)
Replies: 49
Views: 7920

Re: Federal pension beats high salary and savings rate? (fed vs contractor for employment)

Not sure where to place this, but I figured to add this here. Was just perusing the new study from the CBO on potential changes to FERS TSP and pension. Five options were outlined: 1. Increase ALL employee contributions to 4.4% (hits pre-2013 hires hardest). 2. Decrease ALL employee contributions to...
by DCChak
Tue Aug 29, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"
Replies: 139
Views: 26430

Re: Struggling with "Live like a Resident" versus "Keeping up with the Joneses"

Interesting thread. Just came across it for the 1st time. Two points stand out for me: 1) your colleagues are your frenemies, and 2) partners like it when they see conspicuous consumption, because they recognize the associates/colleagues exit costs have also increased. While I'm certain that a self-...
by DCChak
Tue Aug 22, 2017 4:41 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU New Certificate Offering
Replies: 9
Views: 3240

Re: Navy Federal CU New Certificate Offering

NFCU now offers a 3% APR for a 5 month certificate, and 3% APR for its EasyStart Share/IRA/ESA certificate, with minimum deposits as low as $50.
by DCChak
Wed Aug 16, 2017 1:35 pm
Forum: Personal Investments
Topic: TSP Loan vs Credit union Loan
Replies: 24
Views: 2264

Re: TSP Loan vs Credit union Loan

Personally, with CU loans that close in interest to the TSP loan, I'd stick with the CU loan (assuming the size of your monthly payment isn't a big concern). Lots of other threads here on TSP loans, including this one & the links within it - https://www.bogleheads.org/forum/viewtopic.php?f=10&t=2226...
by DCChak
Wed Aug 02, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: How far off are Zillow's estimates?
Replies: 82
Views: 10766

Re: How far off are Zillow's estimates?

FWIW, realtor.com and eppraisal.com also have estimates.

Not sure whether an average of averages estimate would help here, or simply echo the same infirmities already discussed.
by DCChak
Tue Jul 18, 2017 4:22 pm
Forum: Personal Investments
Topic: Parents Investment Help
Replies: 23
Views: 1821

Re: Parents Investment Help

I'm envious that your folks are letting you steer them away from their LPL-backed financial advisor. I showed mine the lower balance on the advisor-based 529 they had for my DS13, relative to the $2k greater balance they had for my DD11 (with identical $100/mo contributions), highlighted the advisor...
by DCChak
Wed Jul 12, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Outside Pittsburgh short trip ideas
Replies: 36
Views: 3635

Re: Outside Pittsburgh short trip ideas

Some good suggestions. Other ideas: Old Economy Village - https://en.wikipedia.org/wiki/Old_Economy_Village Oakmont Country Club - https://en.wikipedia.org/wiki/Oakmont_Country_Club Kentuck Knob (another Frank Lloyd Wright designed house, built for friends of the Kaufmann's, owners of Fallingwater) ...
by DCChak
Thu Jul 06, 2017 10:57 am
Forum: Investing - Theory, News & General
Topic: Considering a TSP loan to pay off student loans
Replies: 36
Views: 4526

Re: Considering a TSP loan to pay off student loans

Another possible path would be to change your current AA to 100% stocks, instead of 80/20, and then take out the loan. Many (including myself) advocate a more equity heavy AA for Feds since both the pension (FERS or CSRS) and SS act somewhat like fixed income in helping cover future retirement expen...