Search found 303 matches

by remomnyc
Tue Oct 17, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 86
Views: 5245

Re: What do you buy in Asian food stores?

- Condiments: Yamasa brand soy sauce, rice vinegar, fish sauce, and sesame oil - Staples: kimchee, miso paste, gochujang paste and flakes, dashi - Meat: LA style short ribs or flanken, sliced pork shoulder, pork belly - Produce: Asian pears, bean sprouts, Kirby cucumbers, and whatever looks good whe...
by remomnyc
Sun Oct 15, 2017 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 2934

Re: Why not CDs instead of Short Term Bonds or TIPS

I say yes to CDs for my short-term cash needs. Money i need in within 5 yrs is in cd-ladders, both in taxable and in brokered CDs in my 401k. The rest of my fixed income is in VG total bond fund. This way, I don't need to sell my bond fund when it is down if interest rates are rising.
by remomnyc
Thu Oct 12, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Need help investing $1M in today's market
Replies: 24
Views: 3724

Re: Need help investing $1M in today's market

I would set aside the down payment you need for your smaller home in an Ally 11-mo no penalty CD. Then, I would exchange the $85k total stock in your 401k for total bond and purchase $85k total stock in your taxable. I would dollar cost average the remaining funds over 12 months to meet your AA. Con...
by remomnyc
Thu Oct 12, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Best Career Advice for those over "50"
Replies: 60
Views: 6222

Re: Best Career Advice for those over "50"

In the finance industry, ageism is very real. After the great recession, I noticed that many who were laid off in their 40s and 50s never regained entry, or if they did, rarely at their former compensation levels. Some turned down subpar offers early to find that after 6 to 12 months, there were no ...
by remomnyc
Thu Oct 12, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3555

Re: Rebalancing - Personal Philosophies

Until recently, I rebalanced with new money. When I got close to FIRE, I started selling to move to a more conservative allocation. I sold a big chunk during the dip in 2016 and again this summer to get to 60/40. My new rule is to rebalance when I hit 6% bands. You locked in a loss during the dip? ...
by remomnyc
Wed Oct 11, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: admiral shares or investor shares?
Replies: 24
Views: 2915

Re: admiral shares or investor shares?

I would stick with the TF until you have significant amounts in taxable and deferred to purchase admiral shares in a tax efficient manner.
by remomnyc
Wed Oct 11, 2017 9:10 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3555

Re: Rebalancing - Personal Philosophies

Until recently, I rebalanced with new money. When I got close to FIRE, I started selling to move to a more conservative allocation. I sold a big chunk during the dip in 2016 and again this summer to get to 60/40. My new rule is to rebalance when I hit 6% bands. You locked in a loss during the dip? ...
by remomnyc
Wed Oct 11, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Circumstances in which a freeze needs to be lifted
Replies: 34
Views: 2404

Re: Circumstances in which a freeze needs to be lifted

I did in fact notify all three credit agencies when I moved. I'm not sure if I had to, but it was on my to do list along with post office, electric, cable, etc. Do you happen to remember by what means/process you contacted them? No, but I'm sure I chose the easiest method, i.e., if I was able to do...
by remomnyc
Wed Oct 11, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Are we taking too much risk with Bonds in our AA?
Replies: 25
Views: 2020

Re: Are we taking too much risk with Bonds in our AA?

In my 401k, I have a 5-year CD ladder with the rest of my fixed income in BND. In the short term, I think stocks are riskier than bonds and bonds are riskier than CDs.
by remomnyc
Sun Oct 08, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Circumstances in which a freeze needs to be lifted
Replies: 34
Views: 2404

Re: Circumstances in which a freeze needs to be lifted

My credit has been frozen for over a decade. During that time, we sold our home and moved into a rental. So I get that you had to unfreeze your credit for this, but did you--or did you have to--go through some type of formal process contacting each credit bureau you had freezes with to let them kno...
by remomnyc
Sun Oct 08, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3555

Re: Rebalancing - Personal Philosophies

Until recently, I rebalanced with new money. When I got close to FIRE, I started selling to move to a more conservative allocation. I sold a big chunk during the dip in 2016 and again this summer to get to 60/40. My new rule is to rebalance when I hit 6% bands.
by remomnyc
Fri Oct 06, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Circumstances in which a freeze needs to be lifted
Replies: 34
Views: 2404

Re: Circumstances in which a freeze needs to be lifted

I froze my credit a few years ago. I haven't had to unfreeze except for when I bought a new cell phone and changed carriers. Have you moved to a new address at all during that time period? My credit has been frozen for over a decade. During that time, we sold our home and moved into a rental. We ha...
by remomnyc
Wed Oct 04, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Are you investing in Emerging Market small caps?
Replies: 25
Views: 1686

Re: Are you investing in Emerging Market small caps?

I have some leftover DFCEX (DF emerging markets core equity portfolio) that I haven't sold due to capital gains. I would've sold it otherwise. I have moved what I could to a 3-fund portfolio with the international exposure in Vanguard international stock (either VXUS or VTIAX).
by remomnyc
Wed Oct 04, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5538

Re: Does anyone hold cash?

I hold one year of expenses in cash. Taxable account is 100% stocks. Deferred is brokered CDs and bonds with the leftover stock allocation that didn't fit in taxable. Overall allocation between taxable and deferred is 60/40, excluding cash.
by remomnyc
Tue Oct 03, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: Glide up or glide down before retirement?
Replies: 7
Views: 1324

Re: Glide up or glide down before retirement?

I was 80/20 a couple years ago. When I realized that I was close to FIRE, I ratcheted down to 70/30 last year and just completed my glide down to 60/40, including a nice heaping helping of brokered CDs in tax deferred space, to protect against sequence of return risk. I have nearly 20 yrs until I cl...
by remomnyc
Mon Oct 02, 2017 1:33 pm
Forum: Investing - Theory, News & General
Topic: So... What bond fund or bond-like instrument do you use?
Replies: 47
Views: 4090

Re: So... What bond fund or bond-like instrument do you use?

TIAA Traditional in 403b, VBTLX (Vanguard total bond admiral shares) in IRAs, BND (Vanguard total bond ETF) and brokered CDs (currently Ally and Wells Fargo) in 401k, and Ally 11-mo no-penalty CDs and 5-yr CD in taxable accounts for $$$ that could be used within next 5 years. Boring is good.
by remomnyc
Fri Sep 29, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Boglehead Investing Simplicity Leading to Simplifying Life?
Replies: 21
Views: 2026

Re: Boglehead Investing Simplicity Leading to Simplifying Life?

I tried to simplify our investment portfolio in advance of ER and to enable my husband to manage it if I not around, but I could only consolidate it to a certain extent because the capital gains would have been exorbitant. At least everything is in low cost funds and properly placed for tax efficien...
by remomnyc
Thu Sep 28, 2017 1:57 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11018

Re: The Rolex and The Boglehead

I would put a Rolex in the category of jewelry/art. I would never compare it to a Casio or index fund investments. It is something that may have some functionality (telling time), but it is really just something that gives the user pleasure. I refused to accept an engagement ring, and I don't care f...
by remomnyc
Thu Sep 28, 2017 7:01 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 192
Views: 12820

Re: Why do you LBYM? Why do you save and invest?

My parents spent every cent and got into debt. I started contributing to pay off their debts off when I graduated from college until 15 yrs ago when they retired debt free and I started supporting them in their retirement since they had no savings. I started LBYM, saving and investing because I didn...
by remomnyc
Wed Sep 27, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Chase Self Directed Brokerage for non-retirement accounts
Replies: 11
Views: 459

Re: Chase Self Directed Brokerage for non-retirement accounts

I briefly had a Chase private banking account and was offered either very cheap or free trades in a self-direct account. I believe account balance has to be $250k. I ended up consolidating my accounts to Schwab. I still have a checking account at Chase, but I keep the minimum ($5k) required for free...
by remomnyc
Wed Sep 27, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9557

Re: My boneheaded financial mistakes

1. During college, I charged everything and only made minimum payments on my credit cards. Now, I still charge everything but only if I can pay it off every month. 2. After college, I invested my IRAs in penny stocks, some which did spectacularly well and others that went bankrupt. I cashed in my IR...
by remomnyc
Tue Sep 26, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 52
Views: 7367

Re: Alternative to Google Finance?

I can track all my holdings in Vanguard, even if they are not housed there.
by remomnyc
Tue Sep 26, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: HELOC w/ low or no initial draw
Replies: 11
Views: 998

Re: HELOC w/ low or no initial draw

My Chase Heloc had no draw requirement. The draw period was 10 years. The repayment period was 20 years. There was a $50/yr fee to maintain and a $400 early repayment fee if I cancelled it before one year.
by remomnyc
Mon Sep 25, 2017 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation - Nearing Retirement
Replies: 26
Views: 2885

Re: Allocation - Nearing Retirement

How many years of expenses will your fixed income cover? That's how I determined my allocation one year from retirement. My fixed income covers 12 years at current spend or 15+ years if I eliminate a few luxuries. Knowing I can withstand a 15-year stock crash without selling lets me sleep well at ni...
by remomnyc
Sat Sep 23, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for mid 50 age group
Replies: 35
Views: 2492

Re: Asset Allocation for mid 50 age group

80/20 until a couple years ago. Currently we are 40 US/20 intl/40 bonds because I intend to retire next year at age 52. If I were planning to work to FRA, we would probably be closer to 70/30.
by remomnyc
Wed Sep 20, 2017 9:10 pm
Forum: Personal Consumer Issues
Topic: Should I even bother with buying a school picture?
Replies: 39
Views: 2918

Re: Should I even bother with buying a school picture?

At all my childrens' schools, starting from daycare, the school photo was a fundraiser, with proceeds benefiting the school. I didn't buy it one year because my son looked dorky, and now I regret not having that photo the year he only knew how to fake smile. Even bad pictures (bad hair, smile, etc) ...
by remomnyc
Fri Sep 08, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46998

Re: Equifax says info stolen. What's my best course of action?

Sticky.

Equifax is offering free identity theft protection and credit monitoring. If I my credit reports are frozen, do I need to enroll in this?
by remomnyc
Tue Aug 22, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Adjusting AA as retirement nears
Replies: 64
Views: 6970

Re: Adjusting AA as retirement nears

I plan to retire next year. I went from 80/20 to 60/40 over the last two years. Have about 12 to 15 yrs expenses (depending on spending and taxes) in fixed income, of which 4 years is in cash or CDs. Budget also has a 20% cushion (overseas vacations, charitable giving, gifting) if things get tight. ...
by remomnyc
Sat Aug 19, 2017 9:04 pm
Forum: Personal Consumer Issues
Topic: Kitchen knife set. Good quality - Recommendations
Replies: 55
Views: 4499

Re: Kitchen knife set. Good quality - Recommendations

Another vote for the Wusthoff Grand Prix II.
by remomnyc
Sat Aug 19, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: NYC real estate question
Replies: 17
Views: 1793

Re: NYC real estate question

With a $3500 rent, it will never make sense for you to buy. This home is not an investment. Since it's estate condition, you can really make it your own. You can afford this home. Even if you have children, you can stay in this home with two kids until they start to hate each other. If the value of ...
by remomnyc
Sat Aug 19, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of Converting Taxable Stock Fund to Bond Fund for Retirement
Replies: 8
Views: 771

Re: Timing of Converting Taxable Stock Fund to Bond Fund for Retirement

I also plan to retire in 2018. For tax efficiency and to avoid RMDs forcing me into higher tax brackets, I have all my bonds in tax deferred. I will be selling stock from taxable until I can access my tax deferred. I will use my tax deferred to rebalance. I would not sell in taxable and incur gains ...
by remomnyc
Sat Aug 19, 2017 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: 3-year check-in with questions
Replies: 10
Views: 1456

Re: 3-year check-in with questions

Greater of one year of expenses or 25% house downpayment in 11-month no penalty CD at Ally (1.5%). If eligible, contribute whatever you can to backdoor Roth each year. Whatever can't go into a Roth, use to open a taxable account invested in total stock and total international. I would avoid bonds, i...
by remomnyc
Thu Aug 17, 2017 8:39 pm
Forum: Personal Consumer Issues
Topic: Non-fiction bucket list
Replies: 110
Views: 9525

Re: Non-fiction bucket list

Path to Power series and The Power Broker by Robert A. Caro
Sea Biscuit and Unbroken by Laura Hillenbrand
Truman by David McCullough
Angela's Ashes by Frank McCourt
Into Thin Air by Jon Krakauer
Freakanomics by Steven Levitt
Outliers by Malcolm Gladwell
by remomnyc
Tue Aug 15, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5994

Re: Plan for making child pay for part of college

Our current plan is to pay 100% for top tier (as determined by us) or our state schools (including room and board if more than 1 hour away). For anything else, we will pay up to the equivalent state costs and kids have to make up the difference with scholarships or loans. Any left over money in thei...
by remomnyc
Mon Aug 14, 2017 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: What percent credit utilization is best?
Replies: 18
Views: 2069

Re: What percent credit utilization is best?

When my credit dipped below 800, I was told it was due to high credit utilization (up to 30% certain months). I googled and determined that usage below 10% was desirable for highest credit ratings. I called my credit card company and had my limit increased so that my max utilization would always be ...
by remomnyc
Mon Aug 14, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 3471

Re: Public vs Private Elementary

My default is public unless there is a safety issue or your child has issues that would benefit from smaller class size and more individualized attention. My kids in public are way ahead of their peers in the top privates because public education here is top notch, but that is not true everywhere. F...
by remomnyc
Mon Aug 14, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Do you manage your asset allocation like a Target Fund?
Replies: 20
Views: 1534

Re: Do you manage your asset allocation like a Target Fund?

A target fund gets more conservative over time. I went from 80/20 during accumulation to 60/40 overall (55/45 for retirement funds) at early retirement (scheduled for next year) and will be spending fixed income, resulting in a glide path toward a higher equity allocation as I age.
by remomnyc
Mon Aug 14, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 7118

Re: How does personal wealth affect job hunting?

I would add F) Enjoy the people with whom you work (with whom, if you work full time, you spend more waking hours than your family and friends). Although my job meets A through D in spades, the failure of E) and F) are driving me toward early retirement. I will probably work again, but only doing so...
by remomnyc
Sun Aug 13, 2017 9:29 pm
Forum: Investing - Theory, News & General
Topic: It's easy to have an investment plan until you get punched in the face
Replies: 53
Views: 6899

Re: It's easy to have an investment plan until you get punched in the face

If you have an appropriate allocation (specific to your need, willingness, and ability to take risk), you should be able to sustain a punch in the face and get up and stand put. Through my accumulation phase, I was 80/20. I didn't flinch when the market swooned because I had decades of work ahead of...
by remomnyc
Sun Aug 13, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Best place (with warm weather) to raise children
Replies: 107
Views: 17680

Re: Best place (with warm weather) to raise children

I'm so sad to hear that. Where exactly in DC are you? There might be areas in DC more suitable for your family. Have you looked at Arlington or Alexandria in VA or Takoma Park or Chevy Chase in MD or Cleveland Park in DC?
by remomnyc
Fri Aug 11, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Do not buy new cellphones on ebay
Replies: 54
Views: 6298

Re: Do not buy new cellphones on ebay

Another vote for Moto G5 Plus.
by remomnyc
Wed Aug 02, 2017 1:43 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 27
Views: 4133

Re: Roll Call for the Retirement Class of 2018!

I was planning on joining the class of 2017, but medical issues have made me postpone to 2018. Will not miss the work or the people, but I will miss the fabulous health insurance.
by remomnyc
Wed Aug 02, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do when you need access to money in an investment account?
Replies: 33
Views: 3028

Re: What do you do when you need access to money in an investment account?

Sell whatever asset class is out of balance. Within that asset class, sell whatever has the least gains (if in high tax bracket) or with most gains (if in low tax bracket). Rebalance in tax deferred to achieve target asset allocation.
by remomnyc
Tue Aug 01, 2017 3:14 pm
Forum: Investing - Theory, News & General
Topic: Has the "bond bubble" caused you to change your allocation?
Replies: 90
Views: 9857

Re: Has the "bond bubble" caused you to change your allocation?

No, but sequence of return risk has made me increase my fixed income allocation and change part of my bond allocation to a CD ladder.
by remomnyc
Tue Aug 01, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 42
Views: 6002

Re: Vanguard Money Market vs. Savings Accounts

We keep our savings (for lumpy expenses) at GS Bank 1.2%. We keep our short term cash needs (house downpayment) in Ally 11-mo no penalty cds (1.4%) and 5-yr Ally cds (2.25%) with a 5-mo penalty for early withdrawal.
by remomnyc
Tue Aug 01, 2017 12:18 pm
Forum: Investing - Theory, News & General
Topic: "the top 1 percent of families had $1.08 million or more saved in 2013."
Replies: 26
Views: 4092

Re: "the top 1 percent of families had $1.08 million or more saved in 2013."

Makes sense given that to be in the top 1% in 2013, you need HHI of $389,436. On that income, one should be able to save $1.08M. I met you there are a lot who have saved way more. Hmmm.....3 times my income but I've saved twice that amount. Does that make me a 1%er or a peon? That makes you a Bogle...
by remomnyc
Tue Aug 01, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Register for Social Security Site for Children?
Replies: 4
Views: 411

Re: Register for Social Security Site for Children?

You can and should freeze your children's credit reports.
by remomnyc
Tue Aug 01, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: "the top 1 percent of families had $1.08 million or more saved in 2013."
Replies: 26
Views: 4092

Re: "the top 1 percent of families had $1.08 million or more saved in 2013."

Makes sense given that to be in the top 1% in 2013, you need HHI of $389,436. On that income, one should be able to save $1.08M. I met you there are a lot who have saved way more.
by remomnyc
Tue Aug 01, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Do I Have Enough In My Emergency Fund?
Replies: 22
Views: 2939

Re: Do I Have Enough In My Emergency Fund?

I would put another 6 mos in an Ally 11-mo no penalty CD (pays 1.4%) to give yourself 1-yr of coverage. At your age and seniority leverage, finding a new job could take more than 6 mos, especially if it is during an economic downturn, and health insurance coverage in the interim could be a big nut.
by remomnyc
Mon Jul 24, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Windfall - CD's or Bonds or follow AA question
Replies: 20
Views: 906

Re: Investing Windfall - CD's or Bonds or follow AA question

If you have both taxable and deferred accounts, I would manage them together as one allocation (70/30?) and keep brokered CDs (if you deferred accounts allow this purchase) and bonds in the deferred accounts and stocks in the taxable accounts. I would only keep CDs/bonds in taxable if they are your ...