Search found 111 matches

by DCChak
Sat Jan 16, 2021 10:38 pm
Forum: Personal Investments
Topic: Convincing Dad to Contribute $45K to 529
Replies: 10
Views: 1987

Re: Convincing Dad to Contribute $45K to 529

Your dad is swinging for the fences with ARKK. Why? If he sold Vanguard index fund money to get the $45k, why the sudden urge to play now? FOMO from a buddy playing with Tesla, Roku, Teladoc, Zillow, Square, or other similar stocks in the top holdings list for ARKK? As long as he believes he can win...
by DCChak
Fri Dec 18, 2020 4:21 pm
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1274
Views: 75888

Re: What are you listening to now

This Warm Christmas, A Brushfire Holiday, Volume 3
by DCChak
Wed Nov 11, 2020 7:02 pm
Forum: Investing - Theory, News & General
Topic: Joe Montana vs S&P since 1981 $1 invested
Replies: 28
Views: 5769

Re: Joe Montana vs S&P since 1981 $1 invested

Hmmm, I own 2 Joe Montana rookies, both in very good condition, but not graded by PSA. Was thinking that they were worth around $100 each some 10 years ago when I bothered to review a Beckett's guide. Maybe it's worth taking another look?
by DCChak
Wed Oct 07, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: How to use Retirement Funds for College Savings
Replies: 61
Views: 4790

Re: How to use Retirement Funds for College Savings

Interesting thread. To date, my priority has been: 1) TSP max (including 5% match) (His and Hers) 2) 529 to state max 3) Taxable account Haven't been able to talk the Mrs. into HSA, as she likes the security of a FFS or Open HMO HP. To date, have not been funding Roth IRAs for either self or Mrs. Ha...
by DCChak
Tue Sep 08, 2020 2:34 pm
Forum: Personal Consumer Issues
Topic: Need some advice for buying my first flat screen TV.
Replies: 75
Views: 4896

Re: I have advice

Dear OP, Don't overthink this. 1. The most painful part of this acquisition will be the legal disposal of the old TV. I just take it to the county dump. How to get it from the basement to the car by myself is the problem. No, you don’t just take it to the county dump. No dump in the country will ac...
by DCChak
Mon Aug 31, 2020 4:35 pm
Forum: Personal Investments
Topic: Convincing teenager to invest in Roth
Replies: 109
Views: 5997

Re: Convincing teenager to invest in Roth

Maybe you need to use some visuals. This is one of my favorites, as it shows the power of starting early even with only $3K per year into the Roth between the ages of 15-20, then switching to the full amount at age 21 of $6K. https://live.staticflickr.com/65535/49158994946_ac65cc0f72_z.jpg CyclingD...
by DCChak
Mon Aug 03, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: CapitalOne Venture would not forgive annual fee
Replies: 37
Views: 2558

Re: CapitalOne Venture would not forgive annual fee

Capital One Bank 1680 Capital One Drive McLean, VA 22102 It's a very nice, fairly new (2 or 3 years old) tower built next to the McLean Metro on the Silver line. I reffed basketball games in their company gym, which is also very nice and new. https://www.insidenova.com/news/arlington/soaring-new-ca...
by DCChak
Wed Jul 22, 2020 8:41 am
Forum: Investing - Theory, News & General
Topic: Retirees, share your epiphanies..
Replies: 126
Views: 15446

Re: Retirees, share your epiphanies..

I'll share this post of mine from 2015, hoping it may be helpful: by protagonist » Thu Jul 30, 2015 10:39 am I'm 63. Last week I had a heart attack on the way to the airport to play music abroad. I'm 6'1" and I weigh 162. I work out regularly (rode 30 miles on my bike the day before the incide...
by DCChak
Wed Jun 17, 2020 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Too Much Retirement/Not Enough for House?
Replies: 127
Views: 13624

Re: Too Much Retirement/Not Enough for House?

The DC area tends to have stable property values (the government and businesses that depend on it never seem to downsize, "budget cuts" typically mean cuts in the rate of growth ), and rents tend to run higher than you'd expect, because of demand (a lot of people come to the area for just...
by DCChak
Wed Jun 17, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Retirement/Not Enough for House?
Replies: 127
Views: 13624

Re: Too Much Retirement/Not Enough for House?

Lots of good ideas here, but chiming in to reinforce/deemphasize some: 1. Excellent work building your retirement fund. DW was right to prioritize that earlier ... it opens up future options, even now. 2. What type of job for DH? Government, with stability? Government lawyer, with potential for re-e...
by DCChak
Mon Jun 15, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 313
Views: 32835

Re: Really hard to avoid "Keeping up with the Joneses"!

Just tell the family member bragging about their luxury car that you don't think it is financially wise to divert would-be savings into depreciating assets. I have used precisely that line with some who spent money on a luxury car, and it's amazing how quickly that ends conversation. I actually was...
by DCChak
Fri Apr 03, 2020 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Are your personal expenses down during stay home and shelter?
Replies: 180
Views: 13052

Re: Are your personal expenses down during stay home and shelter?

Reductions: Gas - down to nearly nothing Tolls - down to $0 Parking - down to $0 Daycare - half-price, with our 1 y/o staying home, to save our spot. Student loans - wife's MBA loans about to be suspended for 6 months. Likely to keep paying, or more money to fill up full Catch-Up TSP contribution, b...
by DCChak
Thu Nov 07, 2019 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Sell equities to pay down mortgage
Replies: 22
Views: 2214

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: 32
Views: 2871

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: 1954

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: 5723

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: 5723

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: 5723

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: 5723

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: 4673

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: 12404

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: 1386

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: 1158

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: 4036

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 tea...
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: 2348

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: 3034

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: 3034

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: 3034

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: 10420

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: 1775

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: 1698

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: 1200

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: 1698

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: 1236

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: 9648

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 a...
by DCChak
Tue Jun 05, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Second week of biking in the Balkans
Replies: 6
Views: 1467

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: 6327

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: 8732

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: 5298

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: 1375

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: 356

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: 20883

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 iss...
by DCChak
Tue Jan 09, 2018 8:49 am
Forum: Personal Investments
Topic: Barclays Schiller CAPE ETN
Replies: 16
Views: 2509

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: 9751

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: 74095

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: 43616

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: 762

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: 2108

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...