Search found 173 matches

by augryphon
Mon Jan 18, 2021 9:14 pm
Forum: Investing - Theory, News & General
Topic: Corsera-Finance-Yale-Shiller
Replies: 3
Views: 577

Re: Corsera-Finance-Yale-Shiller

Early in pandemic, I took the Schiller Finance course and thoroughly enjoyed it. He’s brilliant and very interesting.
by augryphon
Wed Jan 13, 2021 7:58 am
Forum: Personal Consumer Issues
Topic: What is so special about the Toyota Tacoma?
Replies: 62
Views: 6048

Re: What is so special about the Toyota Tacoma?

have owned several F-150's and also a 2011 Tacoma, there are several advantages: 1. Resale Value is high, that almost closes the deal in itself. 2. Reliability is fantastic for any Toyota 3. It is a smaller footprint than a full-size Ford or Chevy, i.e. it fits in the garage and is easily maneuvered...
by augryphon
Tue Jan 12, 2021 7:18 am
Forum: Personal Investments
Topic: Critique My 10-Year Portfolio Rebalance
Replies: 4
Views: 775

Re: Critique My 10-Year Portfolio Rebalance

1/ I've learned in the last 10 years that my tolerance for risk is higher than I expected from the outset. [/list] I feel the same way at the moment, but realize that during 10 year bull market might not be the best moment to thoroughly evaluate my risk tolerance. The S&P500 has gone from 1100 ...
by augryphon
Tue Jan 12, 2021 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth at Fidelity question
Replies: 59
Views: 4604

Re: Backdoor Roth at Fidelity question

I'm working thru this issue now and can add my experience to the discussion. On Saturday 1-2-21, I transferred $7k to both DW and my IRAs from ALLY at Fidelity. The money left the bank and appeared in our fidelity accounts on Monday 1-4. I tried to convert online and on was not able to do so that d...
by augryphon
Sat Jan 09, 2021 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth at Fidelity question
Replies: 59
Views: 4604

Re: Backdoor Roth at Fidelity question

On Saturday 1-2-21, I transferred $7k to both DW and my IRAs from ALLY at Fidelity. The money left the bank and appeared in our fidelity accounts on Monday 1-4. I tried to convert online and on was not able to do so that day. Did you push it from Ally or pull it from Fidelity? If pulled, I can unde...
by augryphon
Sat Jan 09, 2021 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth at Fidelity question
Replies: 59
Views: 4604

Re: Backdoor Roth at Fidelity question

I'm working thru this issue now and can add my experience to the discussion. On Saturday 1-2-21, I transferred $7k to both DW and my IRAs from ALLY at Fidelity. The money left the bank and appeared in our fidelity accounts on Monday 1-4. I tried to convert online and on was not able to do so that da...
by augryphon
Wed Dec 02, 2020 6:57 am
Forum: Personal Consumer Issues
Topic: Who's keeping Netflix now? (price increased to $13.99)
Replies: 200
Views: 14039

Re: Who's keeping Netflix now? (price increased to $13.99)

I can’t unsubscribe....I have to many friends and family members “borrowing” Netflix, I’d never get another Christmas card! Seriously, we share subscriptions among family, Netflix is mine to pay for. Others pay for Disney, Hulu, ESPN, which I use occasionally. It’s the best money I spend each month.
by augryphon
Wed Dec 02, 2020 6:49 am
Forum: Personal Investments
Topic: How to balance current and future taxes?
Replies: 9
Views: 740

Re: How to balance current and future taxes?

Maybe this is a good time to pay a certified financial advisor to review our portfolio and make recommendations? Thanks in advance for sharing any thoughts/experiences to might help enlighten me. I would definitely recommend engaging an FA to help you work through this issue. With my FAs help, I di...
by augryphon
Fri Oct 02, 2020 6:56 am
Forum: Personal Finance (Not Investing)
Topic: If you have a pension, how do you view it?
Replies: 203
Views: 14709

Re: If you have a pension, how do you view it?

For years I Pretended it wasn’t there, because so many pensions have been eliminated and I assumed mine would be too. Now I am at an age that I could retire before they could eliminate it, it has become real. In my retirement equation, I simply subtract the pension amount for my monthly expenses, th...
by augryphon
Thu Oct 01, 2020 8:55 pm
Forum: Personal Consumer Issues
Topic: Trail sneakers
Replies: 59
Views: 3674

Re: Trail sneakers

Hi, I’m hiking 5 miles each day in the woods, the ground is getting slippery with leaves and such. Looking for a light pair of trail sneakers, not hiking boots, have those,, Thanks! I bought these a couple of weeks ago, they were recommended by a AT thru-hiker on a podcast I listened to recently: h...
by augryphon
Wed Sep 30, 2020 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Six Figure Student Debt
Replies: 84
Views: 7050

Re: Six Figure Student Debt

You have to hammer that debt down, you’ll be paying something like 25% Of your after tax income in interest alone. Not only is the rate high, but the debt is large relative to your earnings. Refi will help, but the principle is still high. I’d use the brokerage account to pay down the debt and focus...
by augryphon
Sat Sep 19, 2020 10:00 pm
Forum: Personal Consumer Issues
Topic: Tour de France - sort of
Replies: 10
Views: 1103

Re: Tour de France - sort of

I, too, enjoy the scenery of the tour. Older town were laid out haphazardly wherever people wanted to build. Large cities became a particular problem. There was zero regard for streets/drainage/sewers. Cities developed around natural traits such as mountains and rivers. Streets had no need to be any...
by augryphon
Sun Sep 13, 2020 8:30 pm
Forum: Personal Consumer Issues
Topic: Books or Courses on leadership that helped your career
Replies: 51
Views: 2734

Re: Books or Courses on leadership that helped your career

One of the first I read, and the only one that has remained on my shelf continually until today is “The Effective Executive” by Peter Drucker. Simple advice, that remains useful forever. Other favorites are Often biographies Rather than business books, including a great one I’m reading now, “Grant” ...
by augryphon
Sun Sep 13, 2020 8:10 pm
Forum: Personal Investments
Topic: transitioning portfolio with age
Replies: 29
Views: 2986

Re: transitioning portfolio with age

After my last meeting with my FA, we transitioned from 60/40 to 50/50 stocks/bonds as we enter retirement. The biggest threat we see is a major loss in the first 3-4 yrs of retirement. We plan to begin raising our stock allocation after 5-7 years into our retirement if the markets are average. 65/35...
by augryphon
Sun Sep 06, 2020 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel Husband's Term Insurance?
Replies: 41
Views: 3376

Re: Should I Cancel Husband's Term Insurance?

When did you decide to cancel your term life insurance? It's $200/month for $3 million in coverage. We can swing it, but we probably have enough to pay for all kids college, my retirement, house, medical care etc. Husband and I are in our early forties/late thirties. Am I being penny wise, pound fo...
by augryphon
Thu Sep 03, 2020 9:46 am
Forum: Personal Investments
Topic: Portfolio advice:VG 2/3 fund approach and AA suggestions
Replies: 7
Views: 410

Re: Portfolio advice:VG 2/3 fund approach and AA suggestions

Thank you both for the great thoughts and ideas/advice. It did take me 2 years to do this so the LS idea may be a great option for me- less to worry about. I need to examine those closer. And yes my $ are still in an IRA- settlement tomorrow and 5-10 days till it gets to VG. 2 years ago the theory ...
by augryphon
Mon Aug 17, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Did any inheritance make positive effect on your life?
Replies: 229
Views: 19539

Re: Did any inheritance make positive effect on your life?

From my parents Inherited a strong faith, focused worth ethic, an appreciation of the value of education, a love of family, and a passion to pass these qualities to my heirs. Financially, what was left at the end of their lives was a few thousand dollars which helped a young family member with a hom...
by augryphon
Thu Aug 06, 2020 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Re: Sun Survivorship Universal Life LP3 life insurance help

I've located the original inforce illustration from when the policy was purchased and have the latest one requested. The lapse premium is indeed the same as the current premium. With that info I believe I have the information to update FIL and offer unbiased, semi-knowledgeable advice. Many thanks ...
by augryphon
Thu Aug 06, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Re: Sun Survivorship Universal Life LP3 life insurance help

[/quote] Have you gotten an inforce illustration recently? If so, does it show that the policy runs out of cash value at age 88, but the death benefit remains inforce until age 100? Does the illustration show that premiums continue at the current premium rate to age 100? If so, I’d definitely keep t...
by augryphon
Thu Aug 06, 2020 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Re: Sun Survivorship Universal Life LP3 life insurance help

One other thought - have you considered a viatical settlement? You may be able to sell your life insurance policy to a company for much more than the cash value. Think about it - the value of the life insurance policy is max(cash value, death benefit less premiums). I already argued that "deat...
by augryphon
Thu Aug 06, 2020 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Re: Sun Survivorship Universal Life LP3 life insurance help

Based on current rates, the policy will expire in 2025 at FIL age 88, then It offers lapse protection until 100. Have you gotten an inforce illustration recently? If so, does it show that the policy runs out of cash value at age 88, but the death benefit remains inforce until age 100? Does the illu...
by augryphon
Thu Aug 06, 2020 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Re: Sun Survivorship Universal Life LP3 life insurance help

Based on current rates, the policy will expire in 2025 at FIL age 88, then It offers lapse protection until 100. Have you gotten an inforce illustration recently? If so, does it show that the policy runs out of cash value at age 88, but the death benefit remains inforce until age 100? Does the illu...
by augryphon
Thu Aug 06, 2020 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Re: Sun Survivorship Universal Life LP3 life insurance help

Based on current rates, the policy will expire in 2025 at FIL age 88, then It offers lapse protection until 100. Have you gotten an inforce illustration recently? If so, does it show that the policy runs out of cash value at age 88, but the death benefit remains inforce until age 100? Does the illu...
by augryphon
Wed Aug 05, 2020 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Sun Survivorship Universal Life LP3 life insurance help
Replies: 14
Views: 539

Sun Survivorship Universal Life LP3 life insurance help

My in-laws purchased a last to die UL policy years ago As estate tax protection and I Have been asked to look into it for the family and I need help deciding if/what to discuss with with the agent. I don’t not have a copy of the policy available to me at this time. Purchased: 2006, $1MM value, Curre...
by augryphon
Tue Jun 09, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: FIRE-when, your decision making process
Replies: 38
Views: 4213

Re: FIRE-when, your decision making process

an old friend of mine always said "to retire you need two things, 1) to have enough (savings). 2) to have had enough(fed up with working)." From you discussion, I get the impression that you aren't quite ready to stop working. If I was certain in my own mind, I wouldn't make that move.
by augryphon
Thu May 21, 2020 9:27 pm
Forum: Personal Investments
Topic: Started investing with lump sum at ATH / windfall coming in 2 weeks, lump sum again?
Replies: 32
Views: 2430

Re: Started investing with lump sum at ATH / windfall coming in 2 weeks, lump sum again?

congratulations on jumping into the fire (and also into the FIRE)!! Thanks for sharing your story! I kind of want to DCA this time, but at the same time I know that lump sum will beat DCA in 2/3 of the cases. The economical situation shouldn't matter. I lost 2 times with lump sum investing (Decembe...
by augryphon
Wed May 20, 2020 7:57 am
Forum: Forum Issues and Administration
Topic: New bogleheads induction [Request for new subforum]
Replies: 59
Views: 5221

Re: New bogleheads induction [Request for new subforum]

I’ve noticed that the vast majority of new posters on this forum are still convinced regarding market timing and other similar themes. The experienced, long term posters spend a lot of time trying to (often unsuccessfully) teach these newbies. Personally, I’m starting to find it quite tiring. Wonde...
by augryphon
Wed May 20, 2020 7:29 am
Forum: Personal Investments
Topic: $15,000 bonus
Replies: 20
Views: 2840

Re: $15,000 bonus

Hey there everyone, If you were to receive a $15,000 bonus, and you wanted to fund a first child's college expense with it, or get started: Would you: 1. Put it (or most of it) into two Roths, one being yours and one being a spousal Roth, because you knew you could always take out contributions fir...
by augryphon
Wed May 20, 2020 7:06 am
Forum: Personal Investments
Topic: Started investing with lump sum at ATH / windfall coming in 2 weeks, lump sum again?
Replies: 32
Views: 2430

Re: Started investing with lump sum at ATH / windfall coming in 2 weeks, lump sum again?

congratulations on jumping into the fire (and also into the FIRE)!! My company opened it's 401k on September 1, 1987. I started contributing on September 6, 1987. After I made 3 contributions, the market dropped ~20% in one day, the biggest one day drop in history! 100% of my net worth was in that m...
by augryphon
Wed May 13, 2020 7:43 am
Forum: Investing - Theory, News & General
Topic: Considering a "Callan Diversification" style AA - your opinion
Replies: 35
Views: 1369

Re: Considering a "Callan Diversification" style AA - your opinion

I currently have a Three Fund Portfolio - 58/19/23 (Total Stock/Total Int Stock/Interm. Bond). Looking to diversify and take on some additional risk in hopes of greater return. gvsicavoe03: It is a mistake to complicate your simple, low-cost, diversified, three-fund portfolio which holds over 15,00...
by augryphon
Wed May 13, 2020 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Second Mortgage Questions
Replies: 10
Views: 654

Re: Second Mortgage Questions

I'm confused, If the balance is due at the 15 yr mark, you don't have a 30 year mortgage.

Why not just refi the total owed and eliminate both mortgages?
by augryphon
Wed May 13, 2020 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9981

Re: Turning 30. Living 30s without regrets

Hi group, I am turning 30 soon. When I was 22 and got my first job, I read a ton of what to do in my 20s that seems to have helped me a ton. Some things that have helped: - Maxed out my 401k every year. 401k is ~275k - Travelled as much as I could. Visited 10 countries in Europe. - Started an HSA a...
by augryphon
Wed Apr 29, 2020 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2393
Views: 544603

Re: Share your net worth progression

In June 1986 I had nothing. By 1999 I thought I was rich. in 2000, 2008, and 2020 I became un-rich. Now I realize that I'll never be rich, but I'm doing pretty okay. FA says I can retire at 58 without taking a pay cut.
by augryphon
Mon Apr 13, 2020 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Employer can't give as much 401k match as they promised. What alternative?
Replies: 9
Views: 1469

Re: Employer can't give as much 401k match as they promised. What alternative?

If you ask for and receive a 3% raise, next year, you can fund your over-50 401k contribution at no additional cost to you.

And always say "thank you" for the job and the raise.
by augryphon
Mon Apr 13, 2020 2:54 pm
Forum: Personal Investments
Topic: VGT vs VTI
Replies: 43
Views: 5548

Re: VGT vs VTI

Lately, I have been intrigued with VGT as tech has done very well over the past decade and I don't see this trend changing in the near future. That's what we all thought in 99 too. The problem is "we all thought" the same damn thing and took a kick in the teeth and wallet. Over the long t...
by augryphon
Mon Apr 13, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: How did your spending change when your kids left the house?
Replies: 41
Views: 3031

Re: How did your spending change when your kids left the house?

When he finally graduated, we had significant extra money for the first time in 25 years. We just funneled that to additional investing and were able to make meaningful contributions annually to our favorite charities. We don’t buy differently than before.
by augryphon
Mon Mar 30, 2020 11:48 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 199204

Re: POTUS just announced he'll be extending stay-at-home guidelines until April 30.

Some states are business as usual. Keep everything open, come down and vacation, go out to dinner, enjoy a concert. It’s madness! Which states are “business as usual”? The ones without any state-wide stay-at-home orders at this time: Tennessee * Non-essential businesses closed **No state-wide schoo...
by augryphon
Fri Mar 06, 2020 11:04 pm
Forum: Investing - Theory, News & General
Topic: Maximizing HSA Strategies
Replies: 65
Views: 3303

Re: Maximizing HSA Strategies

It’s the double whammy, It’s tax deductible going in and tax free coming out!! I plan to grow mine until I retire then begin to withdraw for medical needs. Until then, it’s there if I need it.
by augryphon
Mon Mar 02, 2020 10:32 am
Forum: Personal Investments
Topic: Another Edward Jones and other Financial Advisor "Lessons to Share"
Replies: 80
Views: 10203

Re: Another Edward Jones and Financial Advisor Lesson

I have a sibling paying about $13k to EJ. She hopes I am doing ok (investing) on my own and has offered to introduce me to her guy... She raves about his taking her and B-I-L to the nicest restaurant in town twice a year. I simply ask who do you think is paying for dinner? I also refer to her EJ gu...
by augryphon
Mon Mar 02, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: Newbie question on staying the course
Replies: 7
Views: 520

Re: Newbie question on staying the course

I re-balance on the same dates each year, my wife's accounts on her birthday in November and mine in December. I consider any deviation from that plan to be market timing.
by augryphon
Wed Feb 26, 2020 7:04 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 528
Views: 50048

Re: The Calm Post - Stay the course thread.

Great idea to support each other when things get squirrelly! I do with investing what i do what i do at work when the unexpected happens, I stop, take a deep breath, remember that I’ve seen this or something very similar before, then since I am prone to action, I ask myself “what is one thing that I...
by augryphon
Wed Feb 26, 2020 6:47 am
Forum: Investing - Theory, News & General
Topic: What would you do? [lump sum, DCA, or ?]
Replies: 45
Views: 3472

Re: What would you do?

You didn’t predict this week, and you certainly cant predict tomorrow. You got extremely lucky with your timing. If I’d lump sum out, I’d lump sump right back in and be grateful that I avoided the loss of this week.
by augryphon
Tue Feb 18, 2020 9:55 am
Forum: Personal Investments
Topic: Safe to retire?
Replies: 27
Views: 3121

Re: Safe to retire?

3. Would there be a benefit to meeting with a fee-only financial adviser to review? Many thanks for any input you can provide! This is absolutely the first thing to do. Nothing against Bogleheads, we're a smart bunch, but we bring our own personal biases into the discussion and all those mixed toge...
by augryphon
Tue Feb 18, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: Intelligent Investor - Rules for the common stock component
Replies: 5
Views: 612

Re: Intelligent Investor - Rules for the common stock component

Graham's book has been lauded by Warren Buffet and many others, and rightfully so, but Graham's personal investing wasn't nearly as successful as his student's. I, too, would suggest reading Buffet's letter-better info and much more entertaining.
by augryphon
Tue Feb 18, 2020 7:57 am
Forum: Personal Investments
Topic: Ultimate Buy and Hold...thoughts?
Replies: 43
Views: 8480

Re: Ultimate Buy and Hold...thoughts?

Sadly, I have other friends (from different lazy portfolio persuasions) that have left and not returned because they felt unwelcome. It's the nature of anonymous communication, we can be so rude to each other, myself included sometimes But I would encourage anyone no to go away mad. There's a lot o...
by augryphon
Mon Feb 17, 2020 8:01 pm
Forum: Personal Investments
Topic: College Savings: 529 Prepaid or Savings Plan
Replies: 16
Views: 1355

Re: College Savings: 529 Prepaid or Savings Plan

We chose 529, and not knowing where we’d live or where our son would go to school was a large part of our decision. It’s a sacrifice for parents to pay for kids education, but in today’s easy to borrow student loan environment, graduating debt free is a greater gift than an large inheritance, and y...
by augryphon
Mon Feb 17, 2020 6:18 pm
Forum: Personal Investments
Topic: Ultimate Buy and Hold...thoughts?
Replies: 43
Views: 8480

Re: Ultimate Buy and Hold...thoughts?

I don’t follow Merriman’s strategies, but I’ve enjoyed his podcasts and articles for years, and I learned a lot from him. He’s a wonderful gift to the investing community. There’s nothing wacky about his mix of low-cost, buy and hold strategies and if you follow one in that spirit -low cost, buy and...
by augryphon
Mon Feb 17, 2020 6:02 pm
Forum: Personal Investments
Topic: College Savings: 529 Prepaid or Savings Plan
Replies: 16
Views: 1355

Re: College Savings: 529 Prepaid or Savings Plan

We chose 529, and not knowing where we’d live or where our son would go to school was a large part of our decision. It’s a sacrifice for parents to pay for kids education, but in today’s easy to borrow student loan environment, graduating debt free is a greater gift than an large inheritance, and yo...
by augryphon
Wed Feb 12, 2020 10:39 am
Forum: Personal Finance (Not Investing)
Topic: How much do I need in my 529 per child?
Replies: 78
Views: 6376

Re: How much do I need in my 529 per child?

Step 1 - calculate how much you expect education to cost (in today's dollars) for each child on an annual basis. :moneybag Step 2 - build a spreadsheet/plan modeling contributions and withdrawals (with inflation factored in for the cost of education-- I personally plan on 6% increase in tuition cos...
by augryphon
Wed Jan 22, 2020 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance in Retirement?
Replies: 42
Views: 3246

Re: Life Insurance in Retirement?

... Not sure on the details at this point, but some of the things I'm reading about the Secure Act tell me it can leave a tax time bomb for heirs. I've seen discussions that one strategy to avoid this is Last-to-Die insurance. ... One shouldn't be related to the other. But if you're in sufficiently...