Search found 85 matches

by kelway
Mon Feb 05, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14508

Re: Vanguard site crash now?

Yes... and it makes sense, but dang!
by kelway
Fri Aug 11, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 5714

Re: Where To Put My Emergency Fund?

willthrill81 wrote::wink: Our 'real' firebox is very well hidden.
It's in your attic beneath the insulation. It's a good choice!
by kelway
Sun Jun 18, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Why do we need an emergency fund?
Replies: 70
Views: 5793

Re: Why do we need an emergency fund?

I suppose for the exact same reason you might not retire 100% invested in stocks.
by kelway
Mon May 15, 2017 7:57 pm
Forum: Investing - Theory, News & General
Topic: JL Collins Stock Series Podcast - Perplexing Suggestion
Replies: 6
Views: 1241

Re: JL Collins Stock Series Podcast - Perplexing Suggestion

Thanks all for your thoughts.
AlohaJoe wrote:Collins didn't say anything of the sort and he definitely didn't imply that it's a zero-sum game.
Well, he said "You don't really have any chance to gain because you're always offsetting." Does that not imply a zero-sum? 21:40 in the podcast...
by kelway
Mon May 15, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: JL Collins Stock Series Podcast - Perplexing Suggestion
Replies: 6
Views: 1241

JL Collins Stock Series Podcast - Perplexing Suggestion

Hi - I've become addicted to this Choose FI podcast series and to what JL Collins has to say and to his widely-lauded Stock Series here: http://jlcollinsnh.com/stock-series/ But in this podcast between 20:45 and 22:00 or so, you'll hear him make the case that over-diversification ("deworsification")...
by kelway
Thu May 11, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 16039

Re: Most Common Financial Mistakes

While I am generally proud of my progress through the years, damn me for not having the foresight to save 50% of my income and live absolutely frugally during my twenties and early thirties. I'd be done by now. Yes! Financially I'm in pretty good shape, age 43 and on track to be FI by 49. BUT, I'm ...
by kelway
Thu May 11, 2017 8:33 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's ELP's pay him to not understand investment fees
Replies: 24
Views: 3089

Re: Dave Ramsey's ELP's pay him to not understand investment fees

The man disgusts me. Unfortunately, I have to see his house on the hill every evening as I drive home. For those of you teaching classes in his name, I'd propose disassociating yourself immediately. His advice is beyond foolish.
by kelway
Fri May 05, 2017 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 16039

Re: Most Common Financial Mistakes

While I am generally proud of my progress through the years, damn me for not having the foresight to save 50% of my income and live absolutely frugally during my twenties and early thirties. I'd be done by now.
by kelway
Sun Apr 30, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 9141

Re: Favorite Financial Indulgences

Game tickets for my kids and me... That's it. I have no interest in buying any toys -- except a bread maker ... I want that.
by kelway
Tue Apr 18, 2017 5:28 am
Forum: Investing - Help with Personal Investments
Topic: [Advice needed for mother's inheritance/finances.]
Replies: 129
Views: 16057

Re: Too much inheritance to handle. Advice needed

That's why I love the Bogleheads. So many smart people offering the best advice. It's actually choking me up a bit reading this thread. I went through a similar experience when I settled my grandmother's estate with meeting evil face to face, and to the OP: no way you should feel embarrassed or dis...
by kelway
Fri Apr 14, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park Emergency Fund?
Replies: 32
Views: 3416

Re: Where to park Emergency Fund?

whodidntante wrote:I keep my emergency fund in emerging markets equities.
Good for a couple emergencies by now, I'm sure...
by kelway
Wed Apr 12, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 49014

Re: USAA 2.5% Cash Back Credit Card

This card didn't show up in my offers when I was logged into USAA, but I got to it by logging out and then typing in: http://www.usaa.com/limitless A monthly transfer from another bank is meeting the "direct deposit" requirement without issue. The transfer is initiated at the other bank (as the hel...
by kelway
Wed Apr 12, 2017 4:29 am
Forum: Investing - Help with Personal Investments
Topic: 36yo looking for feedback
Replies: 25
Views: 3925

Re: 36yo looking for feedback

Questions: 1. If I end up having the means and desire to retire early, can I count on using the 72t rule? Are there any surprises or common misunderstandings there? Should I be doing anything differently to maximize flexibility? Do I even need to worry about this? Check out this thread for info on ...
by kelway
Wed Apr 12, 2017 2:11 am
Forum: Investing - Help with Personal Investments
Topic: 36yo looking for feedback
Replies: 25
Views: 3925

Re: 36yo looking for feedback

I'm afraid I don't understand how you can make that claim. Cast as a simple scenario, we can imagine a 401k with only total stock and an IRA with only Total Bond. When it comes time to rebalance across your entire portfolio, what do you do? Sell total bond and buy total stock in the IRA (assuming b...
by kelway
Tue Apr 11, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: 36yo looking for feedback
Replies: 25
Views: 3925

Re: 36yo looking for feedback

Always look at your whole portfolio rather than what you happen to hold in each account. G fund and Total Bond serve similar purposes and both are suitable holdings in tax advantaged accounts. Use the best funds available to achieve your target AA across the whole portfolio. This is something I've ...
by kelway
Tue Apr 11, 2017 5:04 am
Forum: Investing - Help with Personal Investments
Topic: 36yo looking for feedback
Replies: 25
Views: 3925

Re: 36yo looking for feedback

Always look at your whole portfolio rather than what you happen to hold in each account. G fund and Total Bond serve similar purposes and both are suitable holdings in tax advantaged accounts. Use the best funds available to achieve your target AA across the whole portfolio. This is something I've ...
by kelway
Sun Apr 02, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Pay down mortgage?
Replies: 7
Views: 972

Re: Pay down mortgage?

Rate?
by kelway
Sat Apr 01, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 26913

Re: Currently have $700,000 at 26 years old get $100,000 a year

I don't have a lot of respect for OP's parents. They've cheated you.
by kelway
Thu Mar 30, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Age 40 - Financial Analysis Wanted
Replies: 42
Views: 6108

Re: Age 40 - Financial Analysis Wanted

If you are a purist BH, stop reading now Investments: Taxable - Apple (2007), Google (2008), IBM, Berkshire Hathaway, Sirius Satellite, S&P 500 SPY Roth - Apple, Berkshire, Caterpillar, Exxon, Ford, United Healthcare, VYM, VTI, VWINX 401k - Fidelity Total Stock, Fidelity International, Fidelity Ext...
by kelway
Thu Mar 30, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Age 40 - Financial Analysis Wanted
Replies: 42
Views: 6108

Re: Age 40 - Financial Analysis Wanted

Looks good and on track to me... If you have plans to retire early (50 seems reasonable given those numbers), I would definitely keep investing in the taxable alongside the 401k/IRAs... maybe 50/50. I had been planning on the 72t provision to allow it, but was strongly advised during a recent consul...
by kelway
Wed Mar 29, 2017 6:07 am
Forum: Personal Consumer Issues
Topic: $50 AMEX Gift Card - What does a Boglehead/minimalist do?
Replies: 29
Views: 2719

Re: $50 AMEX Gift Card - What does a Boglehead/minimalist do?

My sister gave me a $50 AMEX gift card and I literally can not think of anything to do with it. I live a very minimal lifestyle and hate "stuff". I'm the exact same way. My sister gave me a $50 Best Buy gift card, and I used it to buy a Shell gas station gift card (from Best Buy). I walked around t...
by kelway
Mon Mar 27, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put small cap value fund in portfolio
Replies: 21
Views: 2583

Re: Where to put small cap value fund in portfolio

What percentage tilt would you recommend if using VIOV with TSM? Unfortunately, my 401(k) doesn't have TSM, so I'm using VINIX (500 Index) there as a TSM-surrogate (along with TSM in our Roths and taxable). My initial thought was to have small cap value represent 25% of my domestic equity allocatio...
by kelway
Mon Mar 27, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Replace total bond idx with high yield?
Replies: 18
Views: 1660

Re: Replace total bond idx with high yield?

Would get your better returns from equities and let your fixed income be the safe ballast to zig with equities zag. For me, even BND or FSITX is questionable, but since they're so cheap and have a majority in treasuries / govt issue, I'm comfortable just putting all in that. Otherwise, I'd split IEI...
by kelway
Mon Mar 27, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Anyone taken a mid-career sabbatical?
Replies: 47
Views: 7385

Re: Anyone taken a mid-career sabbatical?

I was told that there were some opportunities in places far from me like Texas or North Carolina, but I wasn't in a position to move that far, and they were all just temporary positions anyway. In fact just about every position I had any contact for was temporary. It sure wasn't like that in my 20s...
by kelway
Sun Mar 26, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: small cap value international etf
Replies: 5
Views: 845

Re: small cap value international etf

I use VSS in my Vanguard accounts, but have GWX as the closest to international small value that I've found...
by kelway
Sun Mar 26, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Anyone taken a mid-career sabbatical?
Replies: 47
Views: 7385

Re: Anyone taken a mid-career sabbatical?

Dang @rgs92. I was feeling so good and then I read yours. I'm in IT, 42, and certainly do worry about it. But I liked the "bet on yourself" posts so much more :-/ Sometimes reality bites.
by kelway
Mon Mar 13, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: How do you keep spouse informed of family finances?
Replies: 38
Views: 6144

Re: How do you keep spouse informed of family finances?

I keep a mint-based by-account net worth chart taped to the fridge. That's all she needs or wants. Nice gift to some enterprising burglar. Hahaha, well I see the point, but really what will they do with a list of account friendly names and sums? They'd have far more to go on by taking my plastic fi...
by kelway
Mon Mar 13, 2017 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Just laid off - what to do
Replies: 76
Views: 13539

Re: Just laid off - what to do

How healthy / in shape are you? After filing for unemployment, I think I would put a maximum into exercising.
by kelway
Sun Mar 12, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 49014

Re: USAA 2.5% Cash Back Credit Card

Was a nice surprise. I saw a new blog posting on my money blog and it had a link to the card. I applied (its availability is now based on what state you reside in) and was approved within 5 minutes using their mobile web app. One thing about this bank is that their digital assets are tops. The USAA ...
by kelway
Sun Mar 12, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How do you keep spouse informed of family finances?
Replies: 38
Views: 6144

Re: How do you keep spouse informed of family finances?

I keep a mint-based by-account net worth chart taped to the fridge. That's all she needs or wants.

But I've left careful instructions for her if I pass away, and after being forced to play back in black 5 times in a row at my funeral, she'll read them.
by kelway
Sun Mar 12, 2017 10:28 am
Forum: Investing - Help with Personal Investments
Topic: How frequently is it okay to check in with an investment advisor?
Replies: 22
Views: 1828

Re: How frequently is it okay to check in with an investment advisor?

Never. In my experience, it can only influence you toward a much more complex portfolio. I just went down that path after having a crisis of confidence and am just now about to undo it all. It doesn't mean I was necessarily advised incorrectly, but incorrectly for ME.
by kelway
Fri Mar 10, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3354

Re: Options for my cash

Yep, in your shoes for sure I'd consider a 60/40 with 40% going toward the mortgage immediately and 60% into the markets investing some portion weekly to be fully invested over the next 6 months.
by kelway
Thu Mar 02, 2017 7:16 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 19100

Re: Possibly Financially Independent and Feeling Miserable

I think I would just keep reading vitaflow's response over and over and over again.
by kelway
Mon Feb 27, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should we pay off our mortgage?
Replies: 44
Views: 2842

Re: Should we pay off our mortgage?

I think I'm finally learning to do what an old wise guy would do. I'm pretty sure an old wise guy would pay it off and leave the math to the young whippersnappers.
by kelway
Sat Feb 18, 2017 8:34 am
Forum: Investing - Help with Personal Investments
Topic: Australia - EFT VS Mutual Fund (wholesale) fees.
Replies: 6
Views: 748

Re: EFT VS Mutual Fund (wholesale) fees.

Suggest adding Australia to the subject....
by kelway
Sat Feb 18, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: 39 year old - advice on best priority and allocation?
Replies: 6
Views: 1238

Re: 39 year old - advice on best priority and allocation?

Hello, Roth IRA at Vanguard (Rollover) 11% Vanguard Small Cap Value Index Admiral (VSIAX) (0.08%) Just one point before I have to leave: What would you do when Small Value goes through the roof as it recently did? How would you rebalance out of it in this configuration? I'd suggest a portfolio in ea...
by kelway
Sun Feb 12, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: Need to replace rear shocks?
Replies: 22
Views: 1362

Re: Need to replace rear shocks?

I had the same report on my rear shocks and let it go for awhile, and then on a road trip to Cedar Point with my kids in the back, every little bump caused the back of the car to drop and pull it hard to the right... very dangerous. We went to pep boys and had them installed very cheaply... free ins...
by kelway
Sat Feb 11, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Expenditures for household income $100k+
Replies: 35
Views: 4357

Re: Expenditures for household income $100k+

The Wizard wrote:Amusing that tobacco is the only category where expenditure falls with increasing income.
And where do discretionary travel expenditures get counted??
Yet alcohol rises...
by kelway
Sat Feb 11, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Investment Portfolio Checking In, Age 35 - part IV
Replies: 11
Views: 1757

Re: Investment Portfolio Checking In, Age 35 - part IV

Not a big deal, but your stock allocation is somewhat overly complicated. For example, you could hold Small Cap Value in your IRA and have your wife hold Extended Market. For me, this makes rebalancing a concern. My approach is now to have each container containing a stand-alone portfolio that can ...
by kelway
Sat Feb 11, 2017 8:00 am
Forum: Personal Consumer Issues
Topic: Terrible negotiator - need help with words to use [Buying a car]
Replies: 103
Views: 9615

Re: Terrible negotiator - need help with words to use [Buying a car]

I'd suggest doing all your negotiating via email with the internet sales guy at the dealership. Some may lock up and want you to come in, and some will take it all the way to a deal you just need to sign. [[ Well hahah - I had it in my head after a quick review I was the first to suggest it.... so c...
by kelway
Tue Jan 31, 2017 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 11
Views: 1166

Re: Portfolio Advice

Yossarian wrote:2% allocations are noise and not worth the added complexity.
Yeah it's perhaps true... But really it's not so complex for me. I'm splitting my ~6% emerging markets a bit to get some small caps in there... if that means ~2% allocations, I don't really see a compelling reason why I shouldn't bother.
by kelway
Tue Jan 31, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 11
Views: 1166

Re: Portfolio Advice

and within each of those, 66% value and 34% blend. For me, that means more diversified... ymmv. What's your definition of diversified? How did you come up with the 66/34 split as more diversified? Why can't 67/33 or 65/35 be more diversified? The split percentages are referring to a value tilt... I...
by kelway
Tue Jan 31, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 11
Views: 1166

Re: Portfolio Advice

Sure, I know the mantra... Total Stock Market really doesn't achieve the diversification I'm looking for. You may end up at the same place, but with a whole lot more risk along the way... but I am one to respect simplicity, too... it's a rock concert in my head. VTSMX is what, 9% small caps? I'd ra...
by kelway
Tue Jan 31, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 11
Views: 1166

Re: Portfolio Advice

A key point I took away from that recent consultation was that each account should live on its own -- I had been trying to make up for missing asset classes in my 401k by adding them to an IRA... big mistake because then there's no way to rebalance. For sure, I'd consolidate accounts to the extent ...
by kelway
Tue Jan 31, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1480

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

As others have stated, I would go with IJS and IEMG for small cap value US and Emerging Markets. In fact, I own these two as well since I'm at fidelity. I have decided to do something similar to you. I've gone 4 ways with my equity portion. IJS, IEMG, SCZ (small cap international), and IVV (S&P 500...
by kelway
Tue Jan 31, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Suggested Funds/ETFs for Small Cap & EM Tilt
Replies: 11
Views: 1480

Re: Suggested Funds/ETFs for Small Cap & EM Tilt

As others have stated, I would go with IJS and IEMG for small cap value US and Emerging Markets. In fact, I own these two as well since I'm at fidelity. I have decided to do something similar to you. I've gone 4 ways with my equity portion. IJS, IEMG, SCZ (small cap international), and IVV (S&P 500...
by kelway
Tue Jan 31, 2017 7:33 am
Forum: Investing - Help with Personal Investments
Topic: Question: Fidelity 401k - Brokerage Link
Replies: 29
Views: 4012

Re: Question: Fidelity 401k - Brokerage Link

TOJ wrote:Guys at work love it, and use it to buy individual stocks. It baffles me because our 401k options are excellent.
We have some of those guys, too. It's scary and I just hope everyone can ignore them.
by kelway
Tue Jan 31, 2017 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice
Replies: 11
Views: 1166

Re: Portfolio Advice

Hi Just some general thoughts from me: 28% bonds, OK, but I think at your age I'd be 0-12% in a 33-33-33 mix of 1-3 year treasuries, 3-5 year treasuries, and then perhaps some hedged global bond fund... Or just 50-50 for the first two. International way too low especially given how relatively cheap ...