Search found 46 matches

by Dollarsign16
Wed Nov 08, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12697

Re: How old are you and how much do you save for retirement a year

DW and I both mid 30s

Him: 403B mandatory contribution 5% plus employer match 10% plus elective contribution 18K = 32K
Him: Roth 5.5K
Her: 401K 18K plus match = 21K
Her: Roth 5.5K

Total: 64K (will increase as contibution limits increase)
by Dollarsign16
Wed Nov 08, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with muni fund decision PCTEX vs VCADX
Replies: 1
Views: 111

Help with muni fund decision PCTEX vs VCADX

I had an inherited CA state muni called last week and now I'm trying to determine what to do with the proceeds (around 80K). DW and I are mid 30s and on fairly solid financial footing (knock on wood) for our ages/incomes. We gross around 190K between us and have combined around 400K in tax advantage...
by Dollarsign16
Wed Oct 25, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Southwest Companion Pass [California only]
Replies: 39
Views: 3216

Re: Southwest Companion Pass [California only]

That does seem like a great deal... thanks for pointing it out.
by Dollarsign16
Fri Sep 08, 2017 10:38 am
Forum: Investing - Help with Personal Investments
Topic: 30 years old-- looking for portfolio critique/review
Replies: 4
Views: 837

Re: 30 years old-- looking for portfolio critique/review

Short answer - take the bonds out of taxable and put in pre-tax accounts (traditional 401k, IRA). You don't want bonds in taxable for the tax liabilities. Wisdom on this board with tell you to place your highest expected return assets into your Roth space to maximize the tax free growth.
by Dollarsign16
Sun Aug 27, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 2320

Re: Who is doing 50:50 traditional:Roth 401k/TSP

DW and I are each contributing $13.5K of our 401k/403b to traditional and $4.5K to Roth, equating to the $18K max.

We also each max our Roth IRAs at $5.5K.

I like the nice round $10K number each year going to Roth for both of us and the fact we are diversifying the tax implications.
by Dollarsign16
Thu Aug 10, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA-CREF allocation mix? Diversify or lowest ER?
Replies: 16
Views: 997

Re: TIAA-CREF allocation mix? Diversify or lowest ER?

...Make about $75k, mandatory 5% contrib from me but then they match 10% (so an extra $7k per year on the match). I also have a supplemental account I opened that I have tossed ~$2k in per year after I max my Roth out to further lower my tax burden a bit. I had a very similar plan for 40 years. Tha...
by Dollarsign16
Fri Jun 02, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 44
Views: 4927

Re: New Milestone

Congrats! The DW and I are targeting the net worth two comma club by 40 as well (we also use PC). It's nice to read about other people's successes and helps keep me motivated.

Cheers! :sharebeer
by Dollarsign16
Sat May 20, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Job loss
Replies: 28
Views: 2899

Re: Job loss

Sorry to learn of your situation. I was let go (fired) from a management position in my mid 20's and while devastating in the moment, it probably turned out to be the best thing that ever happened to me. I used my contacts to get get a temp position in a completely different industry, which I quickl...
by Dollarsign16
Thu May 18, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 14748

Re: For those with $500k-$1m in investments...

mid 30's - just venturing an estimate without looking, I'd say around 20% taxable, 80% tax advantaged... maybe even more skewed higher than 80%... I know its a vast majority split between two Roths, two rollover IRAs and a 401K and 403B. We're trying to up our taxable amount.
by Dollarsign16
Mon May 08, 2017 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Why is Vanguard S&P Small-Cap 600 Value ETF (VIOV) not listed in ETF lineup?
Replies: 9
Views: 992

Why is Vanguard S&P Small-Cap 600 Value ETF (VIOV) not listed in ETF lineup?

I was reading a thread discussing small cap value and saw VIOV and when I looked it up noticed it was not listed on Vanguard's website under their 55 ETF offerings. It shows up when you search for it but I was curious why it was not otherwise listed in the ETF lineup? What am I missing? Thanks.
by Dollarsign16
Thu May 04, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Medallion Signature for Vanguard Trust
Replies: 29
Views: 2850

Re: Medallion Signature for Vanguard Trust

[quote="boomergeneration"]My MIL died a few weeks ago. She had a revocable trust at Vanguard consisting of several mutual funds. My spouse and brother-in-law are co-trustrees and the only beneficiaries. One of the forms the Vanguard Trust Department sent to be completed in order to proceed requires ...
by Dollarsign16
Fri Mar 10, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Review/Advice
Replies: 10
Views: 895

Re: Investment Review/Advice

pipesnbytes, I would recommend dumping the advisor and moving to Vanguard. To make it easy, you can invest in the Balanced Index Admiral Shares (VBIAX), Wellington (VWELX) or a Life Strategy Fund in order to have a single fun with exposure to both equities and bonds. You won't need to worry about re...
by Dollarsign16
Sat Feb 11, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Sonoma/Napa or Banff for anniversary?
Replies: 18
Views: 1826

Re: Sonoma/Napa or Banff for anniversary?

I currently live in Napa and have been to Banff/Jasper/Lake Louise.

I would choose Banff as a more once in a lifetime experience in my opinion. Don't get me wrong, I love where I live but think the Banff area is more majestic. Different strokes for different folks. I bet you'd enjoy both.
by Dollarsign16
Fri Feb 10, 2017 3:04 pm
Forum: Investing - Theory, News & General
Topic: What to do with $12000?
Replies: 15
Views: 2498

Re: What to do with $12000?

Roth space is limited and very valuable. You should not pass up the chance to contribute to your Roth accounts. If you do not want to invest in the stock market, choose something else. There are a lot of different bond funds to choose from. This. Roth space is precious and you can still add for 201...
by Dollarsign16
Tue Feb 07, 2017 3:26 pm
Forum: Personal Consumer Issues
Topic: Napa/Sonoma Recommendations
Replies: 46
Views: 3539

Re: Napa/Sonoma Recommendations

DW and I live in Napa and while we certainly haven't been everywhere around the area, we can provide recommendations based on the places we have liked. If you haven't been to the area before, I'd recommend playing tourist at least for a day/half day and visiting some of the more known wineries like ...
by Dollarsign16
Sat Jan 28, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 7420

Re: Criteria for admittance to the 2-comma club

The first rule of two comma club is you must post a humble brag post immediately upon achieving membership, the second rule of two comma club is those who achieve it without counting Home Equity must object to those who achieve it counting home equity.[/quote]

Ha! So true.
by Dollarsign16
Sat Jan 28, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 7420

Re: Criteria for admittance to the 2-comma club

First milestone - $1 million counting home equity. Second milestone - $1 million in investable assets, ignoring home equity. Approaching third milestone - $2 million if I start counting home equity again! 4th milestone - $2 million in investable assets, ignoring home equity - RETIREMENT! +1 Homer, ...
by Dollarsign16
Thu Jan 26, 2017 1:55 am
Forum: Investing - Help with Personal Investments
Topic: Student Loan vs Invest
Replies: 14
Views: 1716

Re: Student Loan vs Invest

With an interest rate of 2.5%, keeping the loan is not costing you much. You could do better by investing, and likely getting returns of greater than 2.5%. From a mathematical standpoint, investing the extra $500 makes more sense. That being said, human beings are not calculators, and emotions and ...
by Dollarsign16
Thu Jan 26, 2017 1:50 am
Forum: Personal Consumer Issues
Topic: Carribean island most like Hawaii
Replies: 63
Views: 8740

Re: Carribean island most like Hawaii

cjcerny wrote:St. Lucia


This. :sharebeer

Stayed at an all inclusive and had a great experience. Scenery was beautiful, went on a great island tour by land and sea.
by Dollarsign16
Wed Jan 25, 2017 12:09 am
Forum: Investing - Theory, News & General
Topic: Investment Apps? Acorns, Robinhood Etc....
Replies: 27
Views: 3557

Re: Investment Apps? Acorns, Robinhood Etc....

I put a little money in WiseBanyan last January and am up almost 19% in about a year's time. I like that there is no additional cost outside of the fund ERs. I don't anticipate this ever being a significant part of my portfolio but after exhaustive research in the automated platforms, I decided to g...
by Dollarsign16
Wed Jan 11, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: How're we doing?
Replies: 33
Views: 4099

Re: How're we doing?

You're half way there by getting your wife on the same page. That's worth its weight in gold. This. If you and your spouse are on the same page financially and committed to executing a plan, I think you are capable of managing quite a bit. It's not necessarily going to be easy, but if you can minim...
by Dollarsign16
Sat Jan 07, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: "The 401k Problem We Refuse to Solve"
Replies: 49
Views: 5073

Re: "The 401k Problem We Refuse to Solve"

There isn't a "401(k) problem." It's just a savings problem. This. While some savings vehicles are better constructed than others (fund options, fees, matching), the habit or saving or lack thereof is the problem. I'm in early/mid 30's, have maxed Roth IRA since I was 23 and have recently...
by Dollarsign16
Fri Jan 06, 2017 10:41 pm
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 8904

Re: Are Younger people funding 529 Plans?

forkhorn wrote:I bet that the chances of parents on this board having 529 accounts is 10x the norm.


I'd bet the over on that too. :D
by Dollarsign16
Thu Jan 05, 2017 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+?
Replies: 35
Views: 4931

Re: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+

Once the daily swings are in the thousands, that's when I think you really start to notice... at least for me anyway. Can't wait until they're in the tens of thousands.
by Dollarsign16
Thu Jan 05, 2017 2:29 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 32336

Re: Whats your number to walk away?

mt wrote:As an aside, has anyone else noticed that male Bogleheads tend to have younger wives?


Mine's older... (<1yr.)
by Dollarsign16
Tue Jan 03, 2017 1:25 am
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 8904

Re: Are Younger people funding 529 Plans?

DW and I mid 30s and with a child <1. We opened a 529 and are contributing monthly. We max our 401K/403b's and our Roth IRAs and a small left over amount is dedicated to the 529. I concur with a previous poster that its also a good way to get the family contributing. There are some generous grandpar...
by Dollarsign16
Sun Oct 23, 2016 11:42 pm
Forum: Personal Consumer Issues
Topic: First time Maui vacation - where to stay?
Replies: 70
Views: 7663

Re: First time Maui vacation - where to stay?

Honua Kai in Kaanapali.
by Dollarsign16
Sun Oct 02, 2016 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Liquidating Inherited Municipal Bonds
Replies: 24
Views: 2136

Re: Liquidating Inherited Municipal Bonds

I'm in a very similar situation (which I posted about several months ago), and I'm planning on holding until they're called. I don't need the money at the moment and the interest rate is 5%. I decided it was not worth giving up that return and I can stand the price premium regressing as the call dat...
by Dollarsign16
Tue Sep 20, 2016 11:15 pm
Forum: Personal Consumer Issues
Topic: Clomid+IUI and IVF Cost Help [In Vitro Fertilization]
Replies: 18
Views: 2295

Re: Clomid+IUI and IVF Cost Help [In Vitro Fertilization]

DW and I had our first child earlier this year after one round of IVF. Paid about 15K for up to three rounds as long as we agreed to insert one embryo per round. 40K sounds like a high quote. Wishing you lots of luck as few people can really understand the process unless they've gone through it them...
by Dollarsign16
Sun Aug 28, 2016 9:13 am
Forum: Personal Consumer Issues
Topic: 2013 vs 2016 CR-V
Replies: 30
Views: 2473

Re: 2013 vs 2016 CR-V

The wife and I had a baby earlier this year and splurged on the 2016 EX-L. The first new car either of us have owned. We wanted the top safety features and I preferred leather interior. We couldn't be happier with the purchase other than spending a little more than I'd have liked. Still think we got...
by Dollarsign16
Sun Aug 21, 2016 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: New 401K, help with allocation
Replies: 2
Views: 443

New 401K, help with allocation

My wife is starting back to work after having our first child and I'd appreciate any guidance on the 401K fund allocations. We are both early/mid 30's, are savers and have close to 300K combined in retirement accounts. The 401K is provided through First Mercantile Funds with the following options (h...
by Dollarsign16
Wed Aug 03, 2016 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Putting Your Emergency Fund In I Bonds?
Replies: 28
Views: 5554

Re: Putting Your Emergency Fund In I Bonds?

Not sure why people keep saying cashing paper I-bonds is a hassle. I cashed some paper bonds in May at the local branch of BofA. No issue whatsoever.

KH
by Dollarsign16
Fri Jul 22, 2016 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plans?
Replies: 31
Views: 3931

Re: 529 plans?

If you live in a state that offers deductions for using their plan then that is probably the best bet. I'm in CA which doesn't offer a deduction but the fees on Scholarshare are some of the lowest around so looks like we're going with that. Sounds like you're overthinking the possibility of not bein...
by Dollarsign16
Fri Jul 15, 2016 5:37 pm
Forum: Personal Consumer Issues
Topic: Starwood points (looking for best use)
Replies: 15
Views: 1291

Re: Starwood points (looking for best use)

You want want to look into converting the points to airline miles with a partner airline.
by Dollarsign16
Wed Jul 13, 2016 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: 401k vs mortgage
Replies: 26
Views: 2675

Re: 401k vs mortgage

I would do everything possible to pay it down to get the PMI off. Slash the 401K contributions to company match and throw money at the mortgage until you can refi. Once you refi, ramp the 401k back up and continue making the same payment you were except use the excess at the lower rate to increase t...
by Dollarsign16
Sat Jul 02, 2016 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Wisebanyan vs Vanguard Brokerage for ETF's?
Replies: 15
Views: 1772

Re: Wisebanyan vs Vanguard Brokerage for ETF's?

I've had a Wisebanyan account since January, opened for many of the same reasons the OP states. I have periodic auto transfers into it and have been very satisfied thus far. Without any fees above the fund expenses it seems to good to be true but no catches so far. Seems like a no-brainer supplement...
by Dollarsign16
Wed Jun 29, 2016 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 29808

Re: Where were you financially when you were at 30?

This post couldn't have come at a better time... I had lunch with a former coworker today and was horrified at her financial situation (or lack of a situation). She is early 30's with basically no retirement savings and was telling me how she wanted to get it together and open up a Roth but had no i...
by Dollarsign16
Thu Jun 23, 2016 8:13 am
Forum: Personal Consumer Issues
Topic: European Package Tours
Replies: 23
Views: 2029

Re: European Package Tours

We did a Rick Steves a couple years ago and came away very satisfied. They tour groups are relatively small so you always had your own row on the bus if desired (love the wife but the space is nice). Many of our travel companions on the tour were repeat customers and raved about their Rick Steves ex...
by Dollarsign16
Sun Jun 19, 2016 8:41 am
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 162
Views: 16572

Re: IWC Watch, any thoughts?

Enjoying these replies and that article made me chuckle.

On the topic of watches, anyone familiar with Ernst Benz?

I ran across the brand a few years ago and a couple really caught my eye. It's no Rolex but a few thousand for a nice one. Any thoughts?

KH
by Dollarsign16
Mon Jun 06, 2016 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance On Child?
Replies: 48
Views: 3725

Re: Life Insurance On Child?

It appears I fall in the minority as someone who supports life insurance for children. My parents purchased a 100K whole life policy (yes, collective whole life eye roll), which I took over as an adult and left me with a decent sized cash value. As one who follows the boglehead philosophy, I have pu...
by Dollarsign16
Thu Jun 02, 2016 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Hold or sell inherited munis?
Replies: 17
Views: 1529

Re: Hold or sell inherited munis?

OP here - thanks again for the feedback, their seems to be mixed opinions (as I figured), and I'm leaning towards hanging on for awhile and letting my sister and brother in law make their own decision. To clarify, the yield to maturity is 4.57%, yield to call is .85%, and the bonds are Aa3/AA- (Mood...
by Dollarsign16
Thu Jun 02, 2016 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Hold or sell inherited munis?
Replies: 17
Views: 1529

Re: Hold or sell inherited munis?

Thank you all for the response thus far. I tend to think like Globalviewer58 and feel it's hard to beat the security of the 5% return if held to maturity/call. In response to request for more info, the following pertains to my wife and I: We are both early 30's, with a newborn, live in CA, and have ...
by Dollarsign16
Thu Jun 02, 2016 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Hold or sell inherited munis?
Replies: 17
Views: 1529

Hold or sell inherited munis?

Hi All, I've been a lurker for about six months but this is my first post. The information gleaned from you all on this forum has been invaluable and I thank you all for spreading financial literacy. I'm in my early thirties and my sister is a couple of years younger. We each inherited around 80-90K...