Search found 1003 matches

by Engineer250
Thu Jul 12, 2018 2:53 pm
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5180

Re: Home ownership vs investing -- condos vs renting, etc

I don't know anyone that didn't want to trade up their condo for a house when they could. So that was a lot of sunk cost for them, and betting that prices will keep going up, but that their condo fees won't get too bad. This is potentially very important. What were their reasons for wanting to upgr...
by Engineer250
Thu Jul 12, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5180

Re: Home ownership vs investing -- condos vs renting, etc

I don't know anyone that didn't want to trade up their condo for a house when they could. I know many people who don't want to trade their apartment for a house, including myself, although I agree that an apartment is not a good substitute for a house for someone who really wants a house instead of...
by Engineer250
Thu Jul 12, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: Home ownership vs investing -- condos vs renting, etc
Replies: 108
Views: 5180

Re: Home ownership vs investing -- condos vs renting, etc

I know too many people who bought a condo because they couldn't afford a house and were too impatient to wait and keep saving, felt like they'd better get in now before they got priced out. If that's your reason for buying a condo, don't do it. I don't know anyone that didn't want to trade up their ...
by Engineer250
Wed Jul 11, 2018 7:49 pm
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 6525

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

I find it interesting to note that many do not view stocks' annualized real returns of 12.78% from 2009 until now to be indicative of a bubble in that market, but many here view real estate prices increasing by an inflation-adjusted 3.1%* from the bottom of the last recession, then real estate is c...
by Engineer250
Wed Jul 11, 2018 7:38 pm
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 6525

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

I find it interesting to note that many do not view stocks' annualized real returns of 12.78% from 2009 until now to be indicative of a bubble in that market, but many here view real estate prices increasing by an inflation-adjusted 3.1%* from the bottom of the last recession, then real estate is c...
by Engineer250
Wed Jul 11, 2018 6:13 pm
Forum: Investing - Theory, News & General
Topic: Capping Emergency Fund
Replies: 53
Views: 4706

Re: Capping Emergency Fund

Engineer250, Not necessary true. You can withdraw the Roth IRA contribution penalty free before 59 1/2 years old too. KlangFool True. But if you do end up tapping a Roth IRA, then you have "wasted" that year's limited contributions, so obviously not a first choice. But I do mentally consider my cur...
by Engineer250
Wed Jul 11, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Capping Emergency Fund
Replies: 53
Views: 4706

Re: Capping Emergency Fund

I think some people consider a stock crash and unemployment as an emergency and plan to use their energy emergency fund in an attempt to avoid selling stocks under any circumstances until they recover, which I assume people define as a return to pre-crash prices but I don't really know. mega317, A ...
by Engineer250
Wed Jul 11, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 6525

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

There seems to be a lot of people who believe the recent gains in real estate (over the last 10ish years) are sustainable on a long-term basis in select cities. For some reason, folks forget about the dot.com bust, the housing market crash from 10 years ago, etc. Tech may be a long-term driver of t...
by Engineer250
Mon Jul 09, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 6525

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

If the housing market (taken as a whole) is not currently a bubble, it seems likely that it's approaching bubble territory. Two questions for you: 1. How do you define "bubble territory?" 2. What data do you have to suggest that we are in said territory? There isn't much empirical data being provid...
by Engineer250
Mon Jul 09, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4523

Asset Allocation for High Net Worth (>$3M) Individuals

Saw this blog post on Financial Samurai and thought it was interesting: https://www.financialsamurai.com/how-high-net-worth-individuals-invest-asset-allocation-breakdown/ According to the pie-chart below, the average asset allocation for respondents with over $3 million in investable assets is 55% s...
by Engineer250
Mon Jul 09, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Capping Emergency Fund
Replies: 53
Views: 4706

Re: Capping Emergency Fund

emergency funds stop making sense the moment it doesn't affect your feelings about it. mathematically, the best thing to do is to invest every penny you have, and if/when an emergency happens, sell and rebalance. if you can't sleep well at night doing that, then by all means, carry some cash around...
by Engineer250
Mon Jul 09, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Capping Emergency Fund
Replies: 53
Views: 4706

Re: Capping Emergency Fund

emergency funds stop making sense the moment it doesn't affect your feelings about it. mathematically, the best thing to do is to invest every penny you have, and if/when an emergency happens, sell and rebalance. if you can't sleep well at night doing that, then by all means, carry some cash around...
by Engineer250
Mon Jul 09, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Stock buy backs?
Replies: 13
Views: 607

Re: Stock buy backs?

I just read that a lot of companies are buying back their own stocks this year. Questions: 1. Why would they do this when the market is so high? 2.What does this mean to stockholders? 3.What does this mean to the market in general? Peace, JTJjr What else are they going to do with their record profi...
by Engineer250
Mon Jul 09, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"
Replies: 58
Views: 6525

Re: WCI blog post - "This Real Estate Bubble - Likely Isn't a Bubble"

Gosh. If we've learned one thing from being on the planet and paying a modicum of attention the past 40 years or so, it is this. These types of articles or fun to read and talk about. Period. Don't base huge life decisions on the conclusions within. If you read the blog post, you sadly learn that m...
by Engineer250
Mon Jul 09, 2018 9:08 am
Forum: Investing - Theory, News & General
Topic: Article: Rich kids are counting on inheritance to pay for retirement
Replies: 31
Views: 4482

Re: Article: Rich kids are counting on inheritance to pay for retirement

They surveyed people with $50,000 to $250,000 of investable assets and income over $50,000. Clearly, they're saving something, and they're working - so they're doing fine. I think if an 18-22 year old already has $50k it seems pretty reasonable to expect some sort of inheritance since there's a goo...
by Engineer250
Sun Jul 08, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Capping Emergency Fund
Replies: 53
Views: 4706

Re: Capping Emergency Fund

Thank you all for some great advice, details and opinions on this thread. Discussion around an emergency plan vs. an emergency fund has actually been interesting food for thought. Reading past threads on the forum related to emergency funds there are wide ranging approaches on high yield savings, n...
by Engineer250
Sat Jul 07, 2018 12:00 am
Forum: Investing - Help with Personal Investments
Topic: Retirement advice for a 25 yr old
Replies: 29
Views: 2567

Re: Retirement advice for a 25 yr old

I'd probably go 50/50 traditional/Roth in my 401k if I was you. And then backdoor Roth on top of that. That is roughly what I am doing this year. That's based on future expected earnings, and at a minimum higher tax rates when the current laws expire, as well as the big unknown of tax rates 30 years...
by Engineer250
Fri Jul 06, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.75 [Money Market Rate To 1.75% APY]
Replies: 51
Views: 5109

Re: Capital One now at 1.60 [Money Market Rate To 1.60% APY]

Ally bank now at 1.65%, several others at 1.75%+ all FDIC insured. Time to up the ante Capital one :beer I was thinking the same thing... It's behind my Vanguard Federal Money Market settlement fund, I don't even have to open a new account anywhere to get a higher rate. I just left CapOne360 for a ...
by Engineer250
Fri Jul 06, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 14485

Re: How to "retire" in your 30's article

This was discussed back in this March thread: http://www.bogleheads.org/forum/viewtopic.php?f=10&t=136273 Furthermore Hardekopf posted on the early retirement forum the following "My wife worked for a corporate law firm in NYC for 4 years and her salary was more than double that of mine." Anyways, ...
by Engineer250
Thu Jul 05, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Anyone tilting heavy to international based on current forecasts?
Replies: 38
Views: 3928

Re: Anyone tilting heavy to international based on current forecasts?

Another 50/50 for market weight reasons. I recognize true market weight isn't that precise, but 50/50 are round numbers easy to maintain in my attempt at a 3 Fund Portfolio.
by Engineer250
Wed Jul 04, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Treasury Auction - Nobody Came: "Great T-Bill Massacre"
Replies: 145
Views: 11818

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

Are there any statistics published that show a breakdown of Treasury auction participation by country? If so it might show if a sudden drop in one country's participation compared to earlier auctions. Or if the end of quantitative easing had any kind of impact? I tried a quick internet search to tr...
by Engineer250
Wed Jul 04, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Treasury Money Market (VUSXX)
Replies: 3
Views: 1587

Re: Vanguard Treasury Money Market (VUSXX)

Sorry to resurrect an old thread, but it looks like as of the end of 2017, the VMFXX (Vanguard Federal Money Market Fund) that is used for settlement funds, is now exempt from California taxes? Per the following: https://personal.vanguard.com/pdf/USGO_022018.pdf But if I look at the fund info from t...
by Engineer250
Mon Jul 02, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41217

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I personally moved my EF (around $30K) to there.. I keep most of my emergency money in the Vanguard Treasury Fund, but i'd be totally comfortable with Prime or Federal MM. I had some money at CIT Bank (FDIC), but left because of the inconvenience, and the tax bite. I retain all of my cash reserves ...
by Engineer250
Mon Jul 02, 2018 10:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 234
Views: 41217

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Does anyone keep their emergency fund in this fund? I currently have my emergency fund at Capital One MM (1.6%). Even the federal MM at VG has a higher rate. I know I would lose FDIC, but maybe the move to get 2.0% and easier access to muni funds and treasuries would be worth it? Or should I stick w...
by Engineer250
Sat Jun 30, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349524

Re: What are you up YTD? [Year To Date]

100% stock, 50/50 US/International. Personal Capital says up 1.7%. My emerging markets is a little below market weight thanks to TSP I Fund, and I was in REIT and G Fund at small percentages earlier this year before simplifying and getting out. Google says a 50/50 US/International with the two vangu...
by Engineer250
Sat Jun 30, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 34
Views: 4847

Re: Changes to Thrift Savings Plan I Fund

[Thread merged into here, see below. --admin LadyGeek] I've reduced my share in the TSP's I Fund this year because I found my international funds outside TSP routinely did better. TSPs indexing to the Japan-Europe heavy EAFE has been criticized, and it will soon be switching from the EAFE Index to ...
by Engineer250
Sat Jun 30, 2018 2:22 am
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7052

Re: Yes, It’ll Happen - Jonathan Clements

It reemphasizes the value of a pension. For example if your pension is 40K a year it equivalent to withdrawing 4% on a 1 million dollar account. Sort of. But with a $1M account, I have $960,000 left in my account/estate if I die one year into retirement. With the pension, not so much... If I die on...
by Engineer250
Wed Jun 27, 2018 8:18 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets in Bear Territory
Replies: 52
Views: 7096

Re: Emerging Markets in Bear Territory

I didn't realize this was happening but it explains why my EM in my spreadsheet is below my desired AA. I have a lot of my international in the TSP so have to manually balance international small cap and EM. I finally got my small cap where it should be (market weight) and couldn't figure out why my...
by Engineer250
Wed Jun 27, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Keeping up with inflation
Replies: 24
Views: 1840

Re: Keeping up with inflation

I was wondering if anyone knows, Are Vanguard's treasury funds treated the same tax-wise as buying individual treasuries? Let's say I want the tax break of buying treasuries. Can I just buy one of the funds and it will be treated the same? You will have to check on the rules in your specific state,...
by Engineer250
Wed Jun 27, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Keeping up with inflation
Replies: 24
Views: 1840

Re: Keeping up with inflation

I was wondering if anyone knows,

Are Vanguard's treasury funds treated the same tax-wise as buying individual treasuries? Let's say I want the tax break of buying treasuries. Can I just buy one of the funds and it will be treated the same?
by Engineer250
Mon Jun 25, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Waiting for a market drop?
Replies: 17
Views: 2363

Re: Waiting for a market drop?

VTI still above $140. Not yet time for me to buy Meanwhile, the savvy investor who doesn’t market time, buys systematically all the time as this could be the last time we see the market at this level. This. Can't buy any more on dips because I'm contributing the most I can financially afford to eve...
by Engineer250
Mon Jun 25, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 34
Views: 4847

Re: Thrift Savings Plan to Change I Fund Index

Darn. Was hoping a bump of this thread meant more details on when the I Fund changeover will happen besides "late 2018-ish". They will rebid the I-fund management in the 3rd quarter of 2018 and expect to list the new requirements in that bid. They report the actual change is looking like 1st and 2n...
by Engineer250
Mon Jun 25, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 34
Views: 4847

Re: Thrift Savings Plan to Change I Fund Index

Darn. Was hoping a bump of this thread meant more details on when the I Fund changeover will happen besides "late 2018-ish". Also looking forward to the withdrawal changes (due late 2019-ish). As a separated fed I should be able to get my Roth out of the TSP next year. Will be extremely nice to get ...
by Engineer250
Mon Jun 25, 2018 11:29 am
Forum: Investing - Theory, News & General
Topic: New York Times on current yield curve as powerful signal of recession
Replies: 44
Views: 4155

Re: New York Times on current yield curve as powerful signal of recession

Actually it's going to be 2020. So all you with money on the sidelines enjoying the flat market have two more years to wait. (I have no proof to back up this prediction. I've felt it was going to be 2020 for several years now despite any results of the 2016 election. Crystal ball comes with disclaim...
by Engineer250
Sun Jun 24, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35704

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Median household income in the U.S. is currently around $59k per year, and median individual income in the U.S. is currently around $31k per year. The average household or individual will not be maxing out a 401k, or even maxing any kind of IRA. But many (not all, or even most) on this forum have g...
by Engineer250
Sun Jun 24, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35704

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

International versus domestic only is pretty much a religious arguement where faith plays the major roll. ... Roth versus traditional is a math problem and based on your assumptions you can get slightly different answers. I disagree. Roth versus traditional is only a math problem if you know the fu...
by Engineer250
Sat Jun 23, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 61
Views: 9650

Re: What’s the magic savings rate???

Garco wrote:
Sat Jun 23, 2018 10:03 pm
But my ending salary was ~$200K. Not great.
I hope you're not implying your $200k salary was "not great". These boards can really skew one's perception of the world. 8-)
by Engineer250
Sat Jun 23, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 550
Views: 35704

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

I agree with everyone who said diversification is best. It's interesting how this gets so heated but the "should I invest in international?" doesn't get nearly as heated. Everyone is okay with everyone making their own choices there, just not on pre-tax versus Roth I guess. I'm 33, MFJ, 15% bracket ...
by Engineer250
Wed Jun 20, 2018 9:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1449389

Re: U.S. stocks in freefall

If you believe the decline is trade related, there will be a few more days of decline. Maybe. But the market has freaked out over trade before. And the promptly decided everything was fine again. To wit: SP500 futures... https://money.cnn.com/data/premarket/ Trade stuff no big deal today, S&P500 wa...
by Engineer250
Tue Jun 19, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1449389

Re: U.S. stocks in freefall

flyingaway wrote:
Tue Jun 19, 2018 6:56 pm
If you believe the decline is trade related, there will be a few more days of decline.
Maybe. But the market has freaked out over trade before. And the promptly decided everything was fine again.
by Engineer250
Mon Jun 18, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: mega backdoor Roth -- why not stay in the roth 401(k)
Replies: 14
Views: 1238

Re: mega backdoor Roth -- why not stay in the roth 401(k)

My plan does not allow after-tax 401k dollars to get put into the Roth 401k; I think this would be called an in-plan conversion? It does allow an in-service withdrawal of just the after-tax portion. Not sure if OP is misunderstanding after-tax vs Roth 401k. I think getting as much into a Roth IRA wo...
by Engineer250
Sat Jun 16, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Gundlach sees 10 yr yields hitting 6%
Replies: 18
Views: 3264

Re: Gundlach sees 10 yr yields hitting 6%

Interesting. In the article he says 6% by 2020 or 2021 with a possible downturn in 2020.

Both predictions sound like they are far enough away to be plausible without having to be specific on when or why in the short term.
by Engineer250
Thu Jun 14, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Low inflation caused by e-commerce?
Replies: 15
Views: 1943

Re: Low inflation caused by e-commerce?

Inflation is certainly picking up where I live. Gas has gone up 33% for me from a year ago. Coworker said their landlord just raised their rent 18%. Average raise at my Megacorp was about 2.5% this year. There’s a reason core inflation includes the things it does. I don’t see any low inflation trend...
by Engineer250
Thu Jun 14, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 42
Views: 4238

Re: Why do we need 529?

One can save over $400,000 in a 529 plan; just try that with a ROTH IRA. One can withdraw principal from a ROTH IRA, one CAN NOT withdraw earnings from a ROTH IRA unless you are age 59.5. Will you be age 59.5 when child goes to school? First, yes. But for those who will not be, you use the principa...
by Engineer250
Wed Jun 13, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: Bottom hit for bond market?
Replies: 7
Views: 1694

Re: Bottom hit for bond market?

Solutions? Reinvest in CD's, Treasuries, etc.?? What to do.. . . .what to do. . . Get the easiest, low stress part-time federal job you can find and roll everything into the TSP G fund. Admission gate attendant at some obscure National Monument that's only open on Tuesdays and Saturday. Why not wor...
by Engineer250
Wed Jun 13, 2018 6:40 pm
Forum: Investing - Theory, News & General
Topic: Requested rollover overnight envelope 6/4..don't have 6/13
Replies: 6
Views: 551

Re: Requested rollover overnight envelope 6/4..don't have 6/13

What's a rollover envelope? When I rolled over money to VG I just took the check I received from where it came from and sent it US postal service in a regular envelope to VG. I think maybe there was a letter from VG with the account number it was going into to make it easier for them to process. The...
by Engineer250
Wed Jun 13, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: Why market drop when Fed announced rate increase?
Replies: 19
Views: 2570

Re: Why market drop when Fed announced rate increase?

I would like to know what factors it will take for 10-year treasury yield to get over 3% and actually stay there. Everyone seemed to predict the last time the FFR was raised that might do it, but it wasn't enough. People also thought today maybe, but it's still below. Last week it seemed like it was...
by Engineer250
Wed Jun 13, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7365

Re: Boring Job

I can't stand it when people complain about being showered with money for doing nothing. I thought that was the definition of paradise lmao In fact, it's a very deceptive form of hell because you don't realize you're there. I occasionally spend time in federal offices in DC and get to hang around t...
by Engineer250
Wed Jun 13, 2018 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7258

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

As one of the oldest millennials out there (born in 1981 according to the Pew Research Center and known member of the Oregon Trail Generation), there are so many combinations of factors out there that it is hard to quantify the reasoning behind the Forbes article. From a strictly financial point of...
by Engineer250
Tue Jun 12, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13676

Re: Best Advice You Never Took

Over my short BH lifespan, I have come to appreciate your posts. Even when discussing CC rewards strategies you have managed to interweave the concept of hindsight bias. Over the past 12 months I have read many of the books you recommended. Thank you! I like it when people appreciate my posts, and ...