Search found 1284 matches

by Ice-9
Fri Jul 20, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 103
Views: 11840

Re: Saving 20% of paycheck isn't enough

I haven't read through all of the many responses so far, so I'm not sure if anyone has mentioned Wade Pfau's study on savings rates from a few years ago. Based on data from 1871 to the time of the study, Wade Pfau found that a 16.62% savings rate would have worked for any 30-year period during that ...
by Ice-9
Wed Jul 11, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 122
Views: 9202

Re: Keeping a checkbook register

OP, thank you for this thread. I was taught to use a check register by my late grandmother when I was in my 20s in the 1990s. I have never written too many checks per year ever, but always filled out the register for the few I did write, following this lesson from her. Like many who posted above, th...
by Ice-9
Fri Jul 06, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Can you help me figure out how much emergency fund $ I REALLY need?
Replies: 38
Views: 2839

Re: Can you help me figure out how much emergency fund $ I REALLY need?

This might deserve it's own thread or some searching, but care to give any tips on CDs? I'm aware of what they generally are, but I guess I mean more like... in the US, who has the most competitive CDs right now, and any tips? Any info about early withdrawl of a CD should I need it? I'm guessing I ...
by Ice-9
Tue Jul 03, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 11873

Re: Treasury Auction - Nobody Came: "Great T-Bill Massacre"

I did! I bought the 4-wk yesterday! I must be a genius! *

* actually, a good part of my emergency fund is split into four rolling t-bills, so I buy every week...
by Ice-9
Mon Jul 02, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets in Bear Territory
Replies: 52
Views: 7136

Re: Emerging Markets in Bear Territory

What are some fund names at VG and Fido for this EM? At Vanguard, it's FTSE Emerging Markets . At Fidelity, it's iShares Core MSCI Emerging Markets ETF . Note that the latter includes South Korea as an emerging market. iShares trade commission free at Fidelity and the ETF you mentioned is a good op...
by Ice-9
Sun Jul 01, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: Treasury Direct website down all day (7/1)
Replies: 23
Views: 1776

Re: Treasury Direct website down all day (7/1)

So it's not just me!

:happy

I've been trying to change my number of reinvestments on a t-bill from 6 to 0 to cash it out when it matures, and I'm getting the same error. It said to try again later, so I suppose I'll try again tomorrow morning.
by Ice-9
Fri Jun 29, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2053

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

I'm another previous Crashplan for Home user. A few months ago, I researched a bunch of options, and decided on Backblaze for $50/yr for a computer and connected drives. https://www.cloudwards.net/carbonite-vs-backblaze-vs-idrive/ My wife is reluctant to get a Backblaze subscription herself, so I'm...
by Ice-9
Fri Jun 29, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2053

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

I'm another previous Crashplan for Home user. A few months ago, I researched a bunch of options, and decided on Backblaze for $50/yr for a computer and connected drives. I had been considering using free open source software Duplicati to backup for free to our existing OneDrive (they do other cloud ...
by Ice-9
Mon Jun 25, 2018 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Roth vs Traditional IRA
Replies: 34
Views: 1482

Re: Help me understand Roth vs Traditional IRA

Suppose you earn too much to deduct the contributions to a traditional IRA. So you put in after tax money to contribute annually. Why would you not do a Roth conversion? Of course you would. But I believe the point of the OP was specific to the Roth vs Traditional argument rather than whether Roth ...
by Ice-9
Mon Jun 25, 2018 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand Roth vs Traditional IRA
Replies: 34
Views: 1482

Re: Help me understand Roth vs Traditional IRA

Mathmatically, as long as you are in identical tax brackets when you contribute and when you withdraw a Roth and Traditional are identical How is that possible? When you contribute $5K to a traditional IRA the tax that you save comes from your marginal tax rate . When you withdraw, the tax that you...
by Ice-9
Fri Jun 22, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 191
Views: 30012

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Thank you Taylor! Looking forward to reading.

Just ordered via the forum link to my Kindle. Didn't even bother replacing the "www" in the URL with "smile" as I usually do, since royalties are already going to the John C. Bogle Center.
by Ice-9
Thu Jun 21, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Fund
Replies: 16
Views: 1899

Re: Vanguard Total International Fund

Five years is relatively short term to judge an asset class. Many people like diversifying their portfolios into International, as it's easy to do. Others say large US companies reach worldwide markets and already provide some international diversification, so it's not necessary to add another (slig...
by Ice-9
Thu Jun 21, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: What will (or would) you tip when wages go up?
Replies: 53
Views: 3593

Re: What will (or would) you tip when wages go up?

I tip 20% and will continue tipping 20% unless/until customs change. If restaurants end up charging more to cover their increased wages, I will factor in the increased prices when deciding how often to eat out and where.
by Ice-9
Thu Jun 21, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 3401

Re: Does an IPS really need to be 5 pages long to be valuable?

My IPS Statement is outlined for others, my hares, to follow after my demise. It is made for "non-Boglheads" to understand and, hopefully, follow. As such, it has to be a lot longer than if it were just for myself. Toward that end, whatever length or pages it needs to fulfill its purpose is the rig...
by Ice-9
Thu Jun 21, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Does an IPS really need to be 5 pages long to be valuable?
Replies: 64
Views: 3401

Re: Does an IPS really need to be 5 pages long to be valuable?

In lieu of a text document IPS, for more than a decade I have had an asset allocation spreadsheet along with an unwritten understanding that my absolute floor savings rate should be 15%. (It's a good bit higher than that most years.) My asset allocation spreadsheet lists all the asset classes, targe...
by Ice-9
Tue Jun 19, 2018 7:54 am
Forum: Investing - Theory, News & General
Topic: New Capital One 360 ACH limits
Replies: 62
Views: 10470

Re: New Capital One 360 ACH limits

Called a second time and spoke with a different representative. They also confirmed the new limit to be a million dollars out-going and added that there is a two million dollar limit for incoming transfers PER MONTH Can't imagine this will affect too many here... but maybe I'm naive :beer I had cal...
by Ice-9
Mon Jun 18, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 8394

Re: Which Supermarket are you?

We are not faithful to any particular supermarket and switch it up a lot. In approximate decreasing order of how often we end up shopping at each: * Safeway * Lotte (Asian market) * Giant * Fresh Market (similar to Whole Foods) * Great Wall (Asian market) * Dawson's Market (local, similar to Whole F...
by Ice-9
Fri Jun 15, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11896

Re: Which boglehead rule do you break--and are ok with

No written IPS, just a spreadsheet showing what my preferred allocations are and how I compare. Maybe that counts as a written IPS. Barnaclebob beat me to it. Same story. The spreadsheet has been my IPS for more than a decade, served me well through the depths of the 2008-9 crash. I don't need sent...
by Ice-9
Thu Jun 14, 2018 2:28 pm
Forum: Investing - Theory, News & General
Topic: Is the Dow Jones Industrial Average a useful metric?
Replies: 28
Views: 1522

Re: Is the Dow Jones Industrial Average a useful metric?

Also, of course, many peoples' memories are anchored to specific past values of the DJIA. I can remember specifically that the DJIA dropped from about 14,000 to 13,000 in 2008, but I can't for the life of me remember the comparable numbers for the S&P 500. Point taken, but how can anyone NOT rememb...
by Ice-9
Thu Jun 14, 2018 1:27 pm
Forum: Investing - Theory, News & General
Topic: Is the Dow Jones Industrial Average a useful metric?
Replies: 28
Views: 1522

Re: Is the Dow Jones Industrial Average a useful metric?

If I could change the media, instead of the Dow, S&P, and NASDAQ, I'd have them report "Total (US) Stock Market, Total International, and Total Bond Market." But I can't, and I don't see the media changing their standard list of three for a very long time. +1 completely on the use of points as a met...
by Ice-9
Fri Jun 08, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Best solution for digitizing documents?
Replies: 55
Views: 5559

Re: Best solution for digitizing documents?

The Truecrypt experience has me leery of Veracrypt. For things like this I need to be sure the software is secure and will continue to be supported. Having to decrypt all my Truecrypt documents when I abandoned the product I am hesitant to do that again. If you keep your computer encrypted I don't ...
by Ice-9
Fri Jun 08, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: Anyone else cheap like me and have to put new $s into the asset class that's down the most?
Replies: 23
Views: 2700

Re: Anyone else cheap like me and have to put new $s into the asset class that's down the most?

I've used the same Asset Allocation spreadsheet for maybe a decade on Google Docs, which includes a field showing how much each asset class is off its target. I change my biweekly contributions to whatever asset class needs it most. (Not down for the day like the OP, but overall off my target alloca...
by Ice-9
Mon Jun 04, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: owning Apple product, complete satisfied
Replies: 8
Views: 886

Re: owning Apple product, complete satisfied

A couple of things I wanted to say before the thread gets locked... (1) I don't know if it was a typo, but the phrase "customer royalty" is pure awesomeness. (2) I generally like Apple products too. So I have bought Macs as my last five computers dating back to 1995 and three iPhones dating back to ...
by Ice-9
Mon Jun 04, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: What is your Take Home Pay / Gross Pay ratio?
Replies: 89
Views: 7399

Re: What is your Take Home Pay / Gross Pay ratio?

My take home is currently 57.7% of my gross.

I contribute a good bit to, but don't max, my workplace retirement plans. Also do the max to an FSA.
by Ice-9
Fri Jun 01, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Gold Chain necklace, authentic gold
Replies: 10
Views: 1158

Re: Gold Chain necklace, authentic gold

I've only bought coins from APMEX, never jewelry, but this may at least provide another price point for your comparison shopping.
https://www.apmex.com/category/18450/go ... ant-chains
by Ice-9
Thu May 31, 2018 8:18 am
Forum: Personal Consumer Issues
Topic: Citi Slashes Card Benefits at least on Double Cash cards
Replies: 27
Views: 3110

Re: Citi Slashes Card Benefits at least on Double Cash cards

Thank you OP for posting this. Strangely, I did not receive an email, but when I logged in and clicked on Benefits I got the same text. I was focused on the 2% when I applied for the card and wasn't even aware of these other benefits. I will have to look more closely at all my cards' benefits now. I...
by Ice-9
Thu May 24, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 64
Views: 9589

Re: Equifax - credit freeze is now free?

I suspect it depends upon your state. Experian DID charge me $5 to unfreeze for a day in Mass. It does vary by state, but my state is supposed to be charging $10. I suspect this is an apologetic gesture on the part of Equifax for the big security breach a couple years ago. This page appears to conf...
by Ice-9
Wed May 23, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buying I bonds - what is the purpose of Registration on TD website
Replies: 22
Views: 2340

Re: Buying I bonds - what is the purpose of Registration on TD website

(2) No tax documents mailed to you. You have to log in and print yourself. And while all of your other 1099s follow a standard format with box 1, box 2, etc, the one from the Treasury annoyingly is presented slightly differently and requires a little study to figure out which number your tax softwa...
by Ice-9
Mon May 21, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 64
Views: 9589

Re: Equifax - credit freeze is now free?

Half a year after this thread started saying the Equifax freeze is free, I just discovered temporary unfreeze is also free at Equifax. I was expecting to have to pay $10 but no charge for the temporary lift. Very easy to implement online too.
by Ice-9
Fri May 18, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Buying I bonds - what is the purpose of Registration on TD website
Replies: 22
Views: 2340

Re: Buying I bonds - what is the purpose of Registration on TD website

For more than a decade, I've used I-bonds as (a) upper tier of my emergency fund, (b) alternative to 1-yr CD in April and October when the rate for the next year is known, and (c) even as part of my bond allocation, after I-bonds purchased in 2003 with 1.6% real yield started outperforming bond fund...
by Ice-9
Fri May 18, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Spreadsheet for 2018 W-4 adjustments?
Replies: 5
Views: 434

Re: Spreadsheet for 2018 W-4 adjustments?

I used the IRS' withholding calculator.
https://www.irs.gov/individuals/irs-wit ... calculator
Results told me how much additional to take from each paycheck the rest of the year.

I wish my state had something similar.
by Ice-9
Thu May 10, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Home Fire/Burglar Safe
Replies: 21
Views: 1461

Re: Home Fire/Burglar Safe

A moderately sized safe deposit box at a nearby B&M bank will cost no more than $50/year and will not be subject to risk from fires or motivated burglars. That is where we keep things that are difficult or impossible to replace (important documents, offsite data backups, etc). A couple years ago, I...
by Ice-9
Thu May 03, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Minimum portfolio size for individual treasury bonds
Replies: 10
Views: 945

Re: Minimum portfolio size for individual treasury bonds

With Treasuries, you don't need the diversification of a $100k portfolio. Not a bad idea. Pluses versus using a bond fund: * Save the expense ratio * Can target maturities towards when the money is expected to be needed Minuses versus using a bond fund: * The complexity of multiple bonds vs one fund...
by Ice-9
Tue May 01, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Series I Bonds in April/May 2018
Replies: 69
Views: 8879

Re: Series I Bonds in April/May 2018

"Back up the truck" on this forum means "buy a lot" of something. Many of us backed up the truck for TIPS purchases in early 2009 when real yields were around 2% on the 10 yr issues. Backing up the truck with I-Bonds could mean, as Johan851 noted, going to the extreme of redeeming some older bonds t...
by Ice-9
Fri Apr 27, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 11536

Re: Amazon to raise Prime membership in US to $119 from $99

A few years ago, my Prime membership cost $80/yr, and my Chase Amazon card paid 3% cashback on Amazon purchases. Today I learn that Prime will soon cost $120/yr. Last year my Chase Amazon card switched to 5% cashback on Amazon purchases. I easily come out ahead under the new rules. And that's not ev...
by Ice-9
Thu Apr 26, 2018 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: The Paperless Life
Replies: 45
Views: 4332

Re: The Paperless Life

Adding to what previous posters said, I keep my archive of downloaded PDFs organized by broker/bank saved in an encrypted container using free VeraCrypt software. https://www.veracrypt.fr/en/Downloads.html I keep the encrypted container in a cloud folder so it's automatically accessible from any com...
by Ice-9
Mon Apr 23, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: using Outlook mail/calendar on Apple devices
Replies: 10
Views: 716

Re: using Outlook mail/calendar on Apple devices

On my iPhone, for years I've used the built-in Mail for my casual and work email accounts, and then the Outlook app for the outlook.com email address that I use for businesses including financial institutions. I do this because the Outlook app allows you to require an additional step of security to ...
by Ice-9
Tue Apr 17, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 4317

Re: Best cash back card right NOW.

I get that VG=Vanguard and BoA=Bank of America. Probably a dumb question, but I can't figure out for the life of me what ME is. Could someone please spell it out for the uninitiated? Non-intuitive acronyms are ubiquitous on this forum, but in this case, methinks that it means Merrill Edge. :oops:
by Ice-9
Tue Apr 17, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 4317

Re: Best cash back card right NOW.

With 100k assets at ME. Can transfer VTSAX directly from VG to ME if you want and pick up a transfer bonus along the way. BoA Cash Rewards 5.25% gas 3.5% groceries (including Costco) BoA Premium Rewards 3.5% travel 3.5% restaurants 2.625% everything else Relatively low 2.5k quarterly spending limit...
by Ice-9
Thu Apr 12, 2018 4:27 pm
Forum: Investing - Theory, News & General
Topic: I Bond’s Variable Rate Will Fall To 2.22% On May 1
Replies: 36
Views: 4788

Re: I Bond’s Variable Rate Will Fall To 2.22% On May 1

I-Bonds have played three roles for me: 1) Inflation-Indexed Bond allocation for retirement savings in the rare instances (like early/mid-2010s) when I-bond rate actually beats the 10-yr TIPS I often buy in my workplace retirement account 2) to become part of the last tier of my emergency fund after...
by Ice-9
Mon Apr 09, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any simple strategies that can help us squeeze better returns?
Replies: 45
Views: 3267

Re: Are there any simple strategies that can help us squeeze better returns?

My asset allocation is 70% equities 30% fixed income. I seek to satisfy the itch you describe on the fixed income side, where I can do less harm. The purpose of the fixed income side is to sleep at night. If 30% Total Bond Market lets me sleep at night, and we happen to be in a period where the yiel...
by Ice-9
Mon Apr 09, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3714

Re: Am I Crazy???

I know, most people would say, "why are you giving free loans to Uncle Sam?" but the realization of the "new found" money does have its euphoria. I did not ever think about this year's refund at all until now after tax time. Given the fact that I know the downsides, the up sides of my situation is ...
by Ice-9
Mon Apr 02, 2018 3:28 pm
Forum: Investing - Theory, News & General
Topic: Alternative to Google Finance? [Portfolios feature deprecated]
Replies: 97
Views: 23725

Re: Google Finance

I never used the Google Finance page, always used Yahoo Finance for more than a decade. Not sure what I was missing, but you certainly can see YTD performance for a given stock at https://finance.yahoo.com/.
by Ice-9
Fri Mar 30, 2018 11:27 am
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 61
Views: 9677

Re: What’s the magic savings rate???

Good work so far for being late 20s! A Wade Pfau study a few years ago says 16.62% :happy http://www.mymoneyblog.com/what-is-a-safe-savings-rate-how-about-16-62.html Most Bogleheadish personal finance authors say 15%. It's up to you. I shoot for a floor of 15% and try to add to that throughout the y...
by Ice-9
Fri Mar 30, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 10295

Re: How Do You Value Your Home for Net Worth Purposes?

I haven't read through all the responses, but would like to answer the OP that the method for valuing the home in net worth calculation would vary with the purpose of the net worth calculation. (a) For my own purposes, keeping track of net worth. Precision isn't that important, and I've found Zillow...
by Ice-9
Thu Mar 29, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: How to free up space on iMac?
Replies: 19
Views: 1269

Re: How to free up space on iMac?

Echoing CurlyDave's post that backup and making room on your hard drive are two different exercises. Here's what I do on my older 2011 iMac: 1) For backup, use Time Machine with a Thunderbolt external drive (faster than USB), not sure if Thunderbolt is still a thing on newer models 2) To save hard d...
by Ice-9
Fri Mar 16, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 32410

Re: Those with high savings rate: why?

For about 7 to 8 years during most of which time I was a single renter, I saved 25% to 40% of gross income each year. I knew this was high, but felt I was getting a late start at saving for retirement in my early thirties and could use the boost. I figured that was the time to do it, especially whil...
by Ice-9
Mon Mar 12, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Can’t Login to Ally Bank with Chrome, Firefox works Fine
Replies: 19
Views: 1707

Re: Can’t Login to Ally Bank with Chrome, Firefox works Fine

I echo those who are saying look at your extensions. Things like this happen a lot to me on Chrome every once in a while, and, for me at least, it's almost always the Privacy Badger add-on that I forget I have until a few months later when the problem occurs again on another site. Easy enough to cli...
by Ice-9
Fri Mar 09, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Big umbrella increase: anyone else's risen dramatically?
Replies: 26
Views: 2729

Re: Big umbrella increase: anyone else's risen dramatically?

OP, did you happen to freeze your credit in the last year, perhaps in response to the Experian breach? I happened to notice that my auto insurance had bumped up three years ago when we had implemented credit freezes. I inquired with my Erie agent, and he told me in fact the credit freeze was likely ...