Search found 909 matches

by BogleMelon
Tue Jan 16, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting to INVEST!
Replies: 11
Views: 483

Re: Newbie wanting to INVEST!

I personally still use the older version (Ynab 4). It is a desktop version that sync with mobile phone app and other PC's and was a one time only fee. I ma not sure though if they are still selling it.. I don't like the newer version as well, but still the YNAB methodology that rocks regardless of ...
by BogleMelon
Tue Jan 16, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: How to build a bond ladder?
Replies: 5
Views: 188

Re: How to build a bond ladder?

PFInterest wrote:
Tue Jan 16, 2018 11:46 am
bond funds are easier i think. probably cheaper. probably safer.
+1
Vanguard total bond index fund for example is a perfect bond ladder made of quality bonds. There is absolutely no need to build an individual bond ladder when such bond exists.
by BogleMelon
Tue Jan 16, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Diversification is for idiots...
Replies: 25
Views: 2523

Re: Diversification is for idiots...

broslami wrote:
Tue Jan 16, 2018 1:44 am

Investing is, after all, a zero sum game.
This is a misconception. Trading is a zero sum game, investing is on the other hands a different story..
by BogleMelon
Tue Jan 16, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting to INVEST!
Replies: 11
Views: 483

Re: Newbie wanting to INVEST!

We have a budget (I love the Every Dollar app) Sorry for the unsolicited advice, but I get that itch every time someone mention a budgeting app. you should try YNAB instead! The methodology is unique (budgeting the money on hand not the expected income). Which is helping as well for those who have ...
by BogleMelon
Tue Jan 16, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Newbie wanting to INVEST!
Replies: 11
Views: 483

Re: Newbie wanting to INVEST!

We have a budget (I love the Every Dollar app) Sorry for the unsolicited advice, but I get that itch every time someone mention a budgeting app. you should try YNAB instead! The methodology is unique (budgeting the money on hand not the expected income). Which is helping as well for those who have ...
by BogleMelon
Mon Jan 15, 2018 7:11 pm
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 48
Views: 2304

Re: PTO policy after international business travel

I traveled to Mexico for business before. Returning after midnight (2 am). I was expected to show up in the office at 8 am same day! That happened twice. I think 1 day off and another work from could be enough if you used some kind of supplement to help you adjust such as Melatonin..
by BogleMelon
Mon Jan 15, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 49
Views: 3147

Re: Budgeting Vs Savings Rate

Quicken doesn't do budgeting right. I have tried it for over 6 months before I decided to switch to YNAB. YNAB method is superior if you decided to start budgeting. Below is a comparison in case you became interested: Mint is telling you to budget from your "future" income that you haven't earned it...
by BogleMelon
Mon Jan 15, 2018 8:25 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 32
Views: 1490

Re: Do people in the forum hold foreign bonds?

Call_Me_Op wrote:
Mon Jan 15, 2018 8:07 am

Bonds are supposed to constitute the low risk portion of your portfolio. With US bonds, you can dial your risk exactly where you want it.
This!
I too don't hold international bonds for the same reason.
by BogleMelon
Mon Jan 15, 2018 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Bodily Injury/Physical Damage Liability
Replies: 9
Views: 675

Re: Auto Insurance - Bodily Injury/Physical Damage Liability

I maxed out the liability coverage from my insurance company. I own no house, I don't have an umbrella policy. My liability is 500K/500K Bodily injury and another $500K property damage (think of you backed up into a store front!) BogleMelon, if you haven't done so, I'd strongly suggest looking into...
by BogleMelon
Sun Jan 14, 2018 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Are there any situations where you don’t max retirement opportunities?
Replies: 16
Views: 1912

Re: Are there any situations where you don’t max retirement opportunities?

I figure I’m almost as good having ibonds in taxable accounts vs buying more bond funds in retirement accounts. Just earmark these ibonds as "retirement taxable account that I won't touch unless retired" and you are good to go. BTW, you can literally open a "custom" account as TD are calling it (AK...
by BogleMelon
Sun Jan 14, 2018 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance - Bodily Injury/Physical Damage Liability
Replies: 9
Views: 675

Re: Auto Insurance - Bodily Injury/Physical Damage Liability

I maxed out the liability coverage from my insurance company. I own no house, I don't have an umbrella policy. My liability is 500K/500K Bodily injury and another $500K property damage (think of you backed up into a store front!)
by BogleMelon
Sun Jan 14, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?
Replies: 61
Views: 3632

Re: What unexpected emergencies require sizeable emergency cash funds available immediately in a checking account?

If your car is towed, cash is required to get it out of the tow yard. The longer it is kept there, the more cash needed as you are charged a storage fee. I read somewhere before that it is almost illegal in every state to hold a car as a hostage after towing. Unless it was towed by the police.. I p...
by BogleMelon
Sun Jan 14, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Understand Expense Ratio
Replies: 14
Views: 734

Re: Understand Expense Ratio

Fund one is better (assuming both have exactly same returns)
https://www.bogleheads.org/wiki/Video:B ... le_.237.29
by BogleMelon
Sat Jan 13, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 1888

Re: How to see YTD% at Vanguard

If you go the My Account drop down menu, there will be a personal performance option there. I see the dollar sign numbers, but not the % on that page For whatever reason the % of the YTD is not there in Vanguard.. Do you see other returns, like 1 year, or since inception? I think YTD is impossible ...
by BogleMelon
Sat Jan 13, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Help me pick a bond fund
Replies: 19
Views: 1415

Re: Help me pick a bond fund

You may use the stable value fund then. Not the best option, but better than actively managed bond fund or junk bond fund IMHO. Also you may start to seriously considering maxing out your IRA and spouse IRA if you are married. When I read on the forums about people with stable funds paying in the 3...
by BogleMelon
Fri Jan 12, 2018 11:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 85
Views: 6451

Re: Post your Financial Milestone Announcements Here

A humble BH here who needs some encouragement. I just hit $100,000 in net worth today! Not that much, but it was all done in less than 6 years (including periods of financial education). Started all the way from a near $0 net worth. 6 years is quick to accumulate that much in today's high cost worl...
by BogleMelon
Fri Jan 12, 2018 11:07 pm
Forum: Investing - Theory, News & General
Topic: How to see YTD% at Vanguard
Replies: 22
Views: 1888

Re: How to see YTD% at Vanguard

GridironGems wrote:
Fri Jan 12, 2018 10:11 pm
BlackHat wrote:
Fri Jan 12, 2018 10:03 pm
If you go the My Account drop down menu, there will be a personal performance option there.
I see the dollar sign numbers, but not the % on that page
For whatever reason the % of the YTD is not there in Vanguard..
by BogleMelon
Fri Jan 12, 2018 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Help me pick a bond fund
Replies: 19
Views: 1415

Re: Help me pick a bond fund

You may use the stable value fund then. Not the best option, but better than actively managed bond fund or junk bond fund IMHO.
Also you may start to seriously considering maxing out your IRA and spouse IRA if you are married.
by BogleMelon
Fri Jan 12, 2018 10:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 85
Views: 6451

Re: Post your Financial Milestone Announcements Here

A humble BH here who needs some encouragement. I just hit $100,000 in net worth today! Not that much, but it was all done in less than 6 years (including periods of financial education). Started all the way from a near $0 net worth.
by BogleMelon
Fri Jan 12, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: Shares Are Wildly Overpriced. But Bonds May Be Even Worse
Replies: 34
Views: 5177

Re: Shares Are Wildly Overpriced. But Bonds May Be Even Worse

The risk of bonds is the interest rate. Higher interest rate would make bonds' NAV price to go down. However, holding them to maturity will yield the promised dividends. In other words, unlike stocks, even with interest risk and even with the high valuation, they should give what they promised to gi...
by BogleMelon
Fri Jan 12, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 58
Views: 2880

Re: Poll: BHs who rent - what % of gross do you spend on rent?

14%
But that is not normal in my area. A special kind of program
by BogleMelon
Fri Jan 12, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4313

Re: Help me stop my addiction to stock market peeping!

I am still in the accumulation period. I too look at it almost every day, however I am not stressed out, actually everytime I see some green $$$ i feel bad for my friends who are out of the market. Even when I started in Dec 2014 and couple of months after I put few hundreds it was all in red ($-500...
by BogleMelon
Fri Jan 12, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Ally Vs CIT- Seeking advice
Replies: 9
Views: 623

Ally Vs CIT- Seeking advice

Hello!
CIT saving rate is currently higher than that of Ally by 0.3% (1.55% Vs 1.25%). I have a good experience with Ally so far, but was wondering how is CIT doing in terms of web interference, customer service...etc
Anyone had an experience here with CIT?
by BogleMelon
Thu Jan 11, 2018 10:51 pm
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 57
Views: 7984

Re: Muni Money Market funds starting to look good!

I have a question, why would ppl use online saving account instead of the tax free Muni money market? 1- They are in a lower tax bracket anyways 2- They prefer the stable interest rate, unlike Muni that keep changed 3- Saving accounts are FDIC insured 4- They don't have much in saving account anywa...
by BogleMelon
Thu Jan 11, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: why do banks bother offering lousy CD rates?
Replies: 49
Views: 4558

Re: why do banks bother offering lousy CD rates?

I know people who do not know that there are online places to invest. Or they are afraid of sending money to a place that they cannot walk into within 5 miles of their home. You have to admit that we see some of that behavior at bogleheads.org especially when it comes to emergency funds. So if a ba...
by BogleMelon
Thu Jan 11, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Max out 2018 Roth IRAs or pay off CC
Replies: 9
Views: 651

Re: Max out 2018 Roth IRAs or pay off CC

Op, what happens if the market went down and in the same time you lost your job all of a sudden before paying off your card? Would you rather prefer to have a credit card debt that you can not pay now, but with a funded Roth IRA that went down in value (and you would lock your losses if you cashed i...
by BogleMelon
Wed Jan 10, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: I Bonds and New Tax Law -- any changes?
Replies: 19
Views: 1757

Re: I Bonds and New Tax Law -- any changes?

Could you help me understand a bit more why you like them for Taxable? Not sure if I am missing something.... WoodSpinner I'll give you two good reasons: 1. They provide additional tax deferred space for up to 30 years even though they're held in your taxable account. 2. You can't put them in a tax...
by BogleMelon
Wed Jan 10, 2018 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy funds expense ratio
Replies: 7
Views: 1107

Re: Lifestrategy funds expense ratio

bhusa wrote:
Wed Jan 10, 2018 8:10 pm
I also want to tilt a little bit more toward international fund,
Hopefully the recent returns for intl funds is not the reason behind this tilting. In all cases, just stay the course in the future with whatever allocation you decide, regardless of the upcoming market noise.
Good luck!
by BogleMelon
Tue Jan 09, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: Large Purchase / Chase Sapphire Question
Replies: 21
Views: 1551

Re: Large Purchase / Chase Sapphire Question

But if you didn't spend at least $4750 travel, then how can you justify the $95 annual fees vs a 2% cashback no-annual-fees card? I justify it by 1) primary rental car insurance, 2) transferring points from our Chase Freedom cards that we use for 5x quarterly categories, and 3) the 0% foreign-excha...
by BogleMelon
Tue Jan 09, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Large Purchase / Chase Sapphire Question
Replies: 21
Views: 1551

Re: Large Purchase / Chase Sapphire Question

squirm wrote:
Tue Jan 09, 2018 3:37 pm
I like the csp, you don't have to worry about using the $300 travel credit to justify the card.
But if you didn't spend at least $4750 travel, then how can you justify the $95 annual fees vs a 2% cashback no-annual-fees card?
by BogleMelon
Mon Jan 08, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 140
Views: 13416

Re: Anyone disenchanted with retirement?

This post is not for me. I still have over 2 decades to retire. Only wanted to get something out. I am sick of the rat race! I want to get out of it as soon as possible! My job is not stressful, commuting is relatively short, my boss is nice, I work on spreadsheets and I love spreadsheets! But man, ...
by BogleMelon
Mon Jan 08, 2018 9:15 am
Forum: Investing - Theory, News & General
Topic: Where is the new tax law?
Replies: 1
Views: 471

Where is the new tax law?

I know I know, it is everywhere in the news and financial websites. I am only wondering where it is on the official https://www.irs.gov/ website? I could only found an outdated page here: https://www.irs.gov/newsroom/in-2018-some-tax-benefits-increase-slightly-due-to-inflation-adjustments-others-unc...
by BogleMelon
Sun Jan 07, 2018 11:20 pm
Forum: Personal Consumer Issues
Topic: When to drop comprehensive auto coverage?
Replies: 25
Views: 2442

Re: When to drop comprehensive auto coverage?

adpd2008 wrote:
Sun Jan 07, 2018 11:39 am
If the car is a total loss we would be able to afford a similar one in cash.
But then how long it would take you to recover from the drop in your net worth?
by BogleMelon
Sun Jan 07, 2018 7:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why not Muni Money Market?
Replies: 41
Views: 3234

Re: Why not Muni Money Market?

So I was wondering, the Muni funds are interest tax free, but even if you redeemed the shares back to your bank account? I am asking that because I noticed a disclaimer at the Vanguard Taxable-equivalent yield calculator: Although the income from a municipal bond fund is exempt from federal tax, cap...
by BogleMelon
Sun Jan 07, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Missing a Long Term Financial Goal
Replies: 32
Views: 3898

Re: Disappointed in Missing a Long Term Financial Goal

Money is a means not a goal in itself. It can buy you early freedom (early retirement), and other valuable stuff. At least that is how I think of my goals, the freedom and the stuff I could buy later (delayed gratification). If you are on track it wouldn't really make a difference if you reach a sol...
by BogleMelon
Sun Jan 07, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5942

Re: Does the 3 fund portfolio seem somewhat flawed?

I am no expert like all the others who replied here, but here is how I understand why the 3 fund portfolio is not flawed in a simple humble way: Assume that there were only 3 companies in country xyz! Company A (Large Cap) that has outstanding total stock in the market of $6,000,000 Company B (Mid ...
by BogleMelon
Sun Jan 07, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Why not Muni Money Market?
Replies: 41
Views: 3234

Re: Why not Muni Money Market?

According to the new tax rates, I am in 12% federal bracket. I am not sure if it worth the hassle. I have an empty brokerage account in Vanguard (in addition to my Roth) but still think the difference is not so big. I will try to do a I bonds ladder instead
by BogleMelon
Sun Jan 07, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5942

Re: Does the 3 fund portfolio seem somewhat flawed?

I am no expert like all the others who replied here, but here is how I understand why the 3 fund portfolio is not flawed in a simple humble way: Assume that there were only 3 companies in country xyz! Company A (Large Cap) that has outstanding total stock in the market of $6,000,000 Company B (Mid ...
by BogleMelon
Sat Jan 06, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Does the 3 fund portfolio seem somewhat flawed?
Replies: 79
Views: 5942

Re: Does the 3 fund portfolio seem somewhat flawed?

I am no expert like all the others who replied here, but here is how I understand why the 3 fund portfolio is not flawed in a simple humble way: Assume that there were only 3 companies in country xyz! Company A (Large Cap) that has outstanding total stock in the market of $6,000,000 Company B (Mid C...
by BogleMelon
Fri Jan 05, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: Gambling vs Investing
Replies: 23
Views: 1851

Re: Gambling vs Investing

Slightly better odds.. however, I guess poker would give much fun time than trading (though i never gambled!). Assuming the person is not addicted to either gambling or trading
by BogleMelon
Fri Jan 05, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Moving I bonds to "Custom" I bonds account
Replies: 6
Views: 513

Re: Moving I bonds to "Custom" I bonds account

WolfgangPauli wrote:
Fri Jan 05, 2018 4:32 pm
I am curious if you would share the purpose of doing this? Perhaps I am missing something but I cannot conceive of an idea for doing this...
The same purpose Treasury Direct created this for: Multiple saving goals (Mental accounting kind of thing)
by BogleMelon
Fri Jan 05, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Moving I bonds to "Custom" I bonds account
Replies: 6
Views: 513

Re: Moving I bonds to "Custom" I bonds account

Sounds to me like they're considering it a redemption and reissue. Unless that's what you mean to do (it doesn't sound like it), I wouldn't do it. FWIW, I see no reason to do it anyway. I couldn't redeem even if I wanted to, because there is still few months left on the 1 year restriction period, s...
by BogleMelon
Fri Jan 05, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Why not Muni Money Market?
Replies: 41
Views: 3234

Re: Why not Muni Money Market?

Soon2BXProgrammer wrote:
Fri Jan 05, 2018 2:44 pm
What am i missing?
Not FDIC insured?
by BogleMelon
Fri Jan 05, 2018 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Moving I bonds to "Custom" I bonds account
Replies: 6
Views: 513

Moving I bonds to "Custom" I bonds account

I have some I bonds that I need to manage better. Treasury Direct "as I learnt here" has the option to open a sub account (they call it custom account) that sub account can only be managed if I logged in to my main account first. So i created that sub account and now I want to move some i bonds from...
by BogleMelon
Fri Jan 05, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2742
Views: 876453

Re: What Book Are You Currently Reading? Part VI

The only guide to a winning bond strategy you'll ever need By Swedroe, Larry E.