Search found 38 matches

by JSparks
Wed May 20, 2020 8:52 am
Forum: Investing - Theory, News & General
Topic: Savings-to-Expense Ratio Question
Replies: 7
Views: 689

Savings-to-Expense Ratio Question

I've explored several ways of looking for the retirement goal line, and just for giggles I looked at the savings-to-expense ratio. Whether or not that method is valid now is irrelevant, but my questions are... 1. Should I include estimated future tax payments as an expense in this ratio? 2. Should I...
by JSparks
Fri Mar 27, 2020 5:34 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus Question of the Day (possibly a dumb one)
Replies: 14
Views: 1825

Re: Coronavirus Question of the Day (possibly a dumb one)

Simple answer is things have changed. We are getting the recession, and a response from the Government / Fed to fight against it. No point worrying about what other hypothetical situations people were worried about. Where we go from here is unchartered territory just like any other recession. I don...
by JSparks
Fri Mar 27, 2020 5:32 pm
Forum: Personal Investments
Topic: Target Date Fund - Not Such a Good Idea Now?
Replies: 9
Views: 1061

Re: Target Date Fund - Not Such a Good Idea Now?

... If you don't want bonds then you don't want target date funds. Right, that is just it! I can't see any reason to get out of CD's, treasuries, and money markets for the sake of getting into bond funds. So that means a target date really just won't work for me right now. Not sure why I even ask t...
by JSparks
Fri Mar 27, 2020 7:48 am
Forum: Personal Investments
Topic: Target Date Fund - Not Such a Good Idea Now?
Replies: 9
Views: 1061

Target Date Fund - Not Such a Good Idea Now?

In light of the current bond market, would buying into a target date fund that holds a heavy bond percentage be unwise... at least for the near future?
by JSparks
Wed Mar 25, 2020 5:33 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus Question of the Day (possibly a dumb one)
Replies: 14
Views: 1825

Coronavirus Question of the Day (possibly a dumb one)

Looking back to last year there were plenty of people, not necessary here on this forum, who felt that there were several factors indicating a potential pull-back this year... or God-forbid, a recession. Now that we've had a COVID pull-back - or at least part of it - have any of the previous recessi...
by JSparks
Wed Mar 25, 2020 2:31 pm
Forum: Personal Investments
Topic: Vanguard Fund with FAANG?
Replies: 13
Views: 939

Re: Vanguard Fund with FAANG?

Another thumbs up for Hyperchicken from me as well.
MGK appears to be exactly what I was looking for and the fees on it are excellent. :sharebeer
by JSparks
Wed Mar 25, 2020 10:40 am
Forum: Personal Investments
Topic: Vanguard Fund with FAANG?
Replies: 13
Views: 939

Re: Vanguard Fund with FAANG?

I just found Shelton's NASDX fund in the line up available on my 401k. The list of holdings better matches what I've wanted. Expenses aren't bad either. I was hoping to see something like these holding ratios in a Vanguard fund. https://www.marketwatch.com/investing/fund/nasdx/holdings Any thoughts?
by JSparks
Wed Mar 25, 2020 9:27 am
Forum: Personal Investments
Topic: Vanguard Fund with FAANG?
Replies: 13
Views: 939

Vanguard Fund with FAANG?

Does Vanguard have a mutual fund (for my 401k) that has FAANG? I don't want to buy it as VGT through my taxable account.
by JSparks
Fri Mar 13, 2020 4:49 pm
Forum: Personal Investments
Topic: It's Finally Time to DCA into the Market
Replies: 6
Views: 737

Re: It's Finally Time to DCA into the Market

Oh... I've thought about it. Many times. I appreciate your input on this. We will have no heirs as my wife and I are the end of the line for our DNA. We've set up our wills for all of our funds to go charity (3 of them) should our savings last longer than we do. But we just don't need to take any ri...
by JSparks
Thu Mar 12, 2020 5:05 pm
Forum: Personal Investments
Topic: It's Finally Time to DCA into the Market
Replies: 6
Views: 737

It's Finally Time to DCA into the Market

Roughly 90% of our 401k is in a money market as two years ago. Our taxable accounts are all CD's of varying maturity and return. Why? Because two years ago my wife and I reached a point where we could retire and then live more than comfortably for another 41 years without taking any risk (even witho...
by JSparks
Thu Jan 30, 2020 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: LBYM vs Not Really Wanting More (NRWM(?))
Replies: 78
Views: 6535

Re: LBYM vs Not Really Wanting More (NRWM(?))

There is only 1 thing I think I am restricting myself on. It is some fancy sports car. But, I have the feeling that it would be more stress to own than joy it would provide... Oh God that is so,so, so, so very true. I have owned a few very high level German cars from a certain manufacturer in the $...
by JSparks
Thu Jan 30, 2020 5:07 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Re: Ahh... PSECU CD Rates - I miss you.

I just called them and found that I can not become a member of their credit union unless I live is Mississippi or Louisiana. Someone mentioned on another thread there were alternate ways to get membership but that must have changed very recently. It guides you through it in the online process, they...
by JSparks
Wed Jan 29, 2020 3:45 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Re: Ahh... PSECU CD Rates - I miss you.

I just called them and found that I can not become a member of their credit union unless I live is Mississippi or Louisiana. Someone mentioned on another thread there were alternate ways to get membership but that must have changed very recently.
by JSparks
Wed Jan 29, 2020 2:15 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Re: Ahh... PSECU CD Rates - I miss you.

Rates did change over night to 2.67% for 30 months. That's not great.
by JSparks
Tue Jan 28, 2020 9:32 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Re: Ahh... PSECU CD Rates - I miss you.

ThisTimeItsDifferent wrote:
Tue Jan 28, 2020 9:16 pm
You can join the American Cancer Society Cancer Action Network for eligibility.
Saaaaaweeeet.
If rates don't change tomorrow, I'm in.
by JSparks
Tue Jan 28, 2020 7:20 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Re: Ahh... PSECU CD Rates - I miss you.

Take a look at Keesler FCU. https://www.kfcu.org/rates/ 30mo @ 3.1% 30mo @ 3.2% if >= $100k Thank you, but I don't meet any of their eligibility requirements. Work at one of our 300+ select employee groups Have a family member who’s a Keesler Federal member Live, work, worship or attend school in F...
by JSparks
Tue Jan 28, 2020 7:20 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Re: Ahh... PSECU CD Rates - I miss you.

nalor511 wrote:
Tue Jan 28, 2020 5:21 pm

This, psecu rate was nothing too special
PSECU was 3.25% which was about 1 point higher than any other place I could find at the time... so I'd say it was special.
by JSparks
Tue Jan 28, 2020 4:55 pm
Forum: Personal Investments
Topic: Ahh... PSECU CD Rates - I miss you.
Replies: 18
Views: 1561

Ahh... PSECU CD Rates - I miss you.

I'm looking to set up another jumbo CD. Thanks to the BH community, I was able to get a great rate on a 3 year CD at PSECU a few months ago. :beer PSECU was never mentioned on any of the popular CD rate websites. I only found it mentioned here on this great forum. But, that rate has come and gone. I...
by JSparks
Fri Dec 13, 2019 8:20 pm
Forum: Personal Investments
Topic: Safest 4% Return- WWYD?
Replies: 47
Views: 4964

Re: Safest 4% Return- WWYD?

Sorry it took so long to get back on the forum. It's been a crazy week. I wanted to answer a couple of the questions and make some clarifications. She is not looking for distributions/income from this investment. She is also not looking for a "risk-free" investment. She has no need to earn more than...
by JSparks
Wed Dec 11, 2019 10:04 pm
Forum: Personal Investments
Topic: Safest 4% Return- WWYD?
Replies: 47
Views: 4964

Safest 4% Return- WWYD?

Let me first mention that I was very unsure about asking this question because I know it's lacking in the detail BH's like to see. I apologize for this but I just need to keep it simple for now. If a retiree needs a very low risk mutual fund with just a 4% return each year for the next 16 years, wh...
by JSparks
Tue Jul 02, 2019 3:51 pm
Forum: Personal Investments
Topic: Do Target Date Retirement Funds Have a Down Side?
Replies: 29
Views: 3580

Do Target Date Retirement Funds Have a Down Side?

Perhaps this question is too broad (or stupid) but I'll ask any how. Do target date retirement funds have a down side?
by JSparks
Fri Jun 28, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: 401k Fund Selection Suggestions
Replies: 3
Views: 277

Re: 401k Fund Selection Suggestions

I can pick from any funds. It's full open architecture. Here are details for the four that are definitely going in there... VGTSX - Vanguard Total International Stock Index Fund VTSMX - Vanguard Total Stock Market Index Fund VBMFX - Vanguard Total Bond Market Index Fund HABDX - Harbor Bond Fund Inst...
by JSparks
Thu Jun 27, 2019 10:33 am
Forum: Investing - Theory, News & General
Topic: 401k Fund Selection Suggestions
Replies: 3
Views: 277

401k Fund Selection Suggestions

We're updating the list of funds on our company's 401k which now only has me and my wife as participants. We're reached FIRE at 48/48 this year and we're planning retirement in 2 to 5 years so we have no need for any significant risk. We're delaying retirement because we still enjoy what we do. I'm ...
by JSparks
Thu Jun 20, 2019 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Their Mistake But We Pay a Sizable 401K Termination Fee?
Replies: 7
Views: 1909

Their Mistake But We Pay a Sizable 401K Termination Fee?

The company that does the recording keeping and TPA for the 410k for my small business made a mistake and allowed me to over-contribute to my retirement account for several years. This resulted in many, many hours of work for us that have been uncompensated. Now we are planning to move the 401k to a...
by JSparks
Wed Mar 06, 2019 9:13 pm
Forum: Personal Consumer Issues
Topic: Island Vacation with Shade on the Beach?
Replies: 40
Views: 4556

Island Vacation with Shade on the Beach?

My wife has not had much luck finding a place for us to take a vacation this year. Though almost any island will do, we want to visit the Caribbean again but she has two criteria that we struggling to resolve. We'd like a quiet, uncrowded island like St. John (we've been there a couple of times and ...
by JSparks
Mon Jan 07, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Heard of this Company? Fiduciary Wealth Management
Replies: 6
Views: 811

Re: Anyone Heard of this Company? Fiduciary Wealth Management

Thanks. The problem is I can't find any reviews for them. The Vanguard rep and I agreed that Vanguard's advisory rates are too expensive for what I need so he recommended this company instead. He works with them on a few other accounts. I really don't know the Vanguard rep that well so I don't know ...
by JSparks
Mon Jan 07, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Heard of this Company? Fiduciary Wealth Management
Replies: 6
Views: 811

Anyone Heard of this Company? Fiduciary Wealth Management

A Vanguard rep suggested that I might be better off changing to a more affordable advisor to act as fiduciary for the 401k that I offer my employees. The name of the suggested company is Fiduciary Wealth Management, but there appears to be several companies across the country with this name. This on...
by JSparks
Fri Sep 14, 2018 4:01 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

I wish I could start over. Never meant to offend anyone but gosh, everyone's jumping on me all of sudden here. I'll depart.
I apologize to all who took offense to whatever I did.

One last time, I'm not asking VG for a free plan but $10k for an initial assessment is hard to swallow.
by JSparks
Fri Sep 14, 2018 3:58 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

How is this trolling? What did I do wrong? What is the recommended format?
by JSparks
Fri Sep 14, 2018 3:53 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

Don't blame the system. Why would vanguard give you a free retirement plan when you are not a customer with them? Based on your tone your situation might not be that complicated so you could probably post details here and get the same answer Vanguard will give you. There is nothing magical about re...
by JSparks
Fri Sep 14, 2018 3:48 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

To be clear, I'm looking for two plans. One is between now and retirement in 2 to 3 years(which isn't that important right now since it's only 2 to 3 years out) and the other is post-retirement (35+ years). But I'm not 100% sure that the retirement date is exactly where I think it is, hence the need...
by JSparks
Fri Sep 14, 2018 1:12 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

Right, but how could I make a switch and move the assets to VG funds without knowing their plan? I'd have to give them $10k to figure that out.
This only furthers my argument that the common man could not ever really retire. The system is designed to destroy and eat normal people.
by JSparks
Fri Sep 14, 2018 12:57 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

I'm not an account holder at VG yet. I guess that is the problem.
Guess I will stick with my existing fund supplier and work off my own advice.
by JSparks
Fri Sep 14, 2018 11:34 am
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vanguard

They did try to sell me on the Personal Advisor Service but when I declined, there really was no other option.
What else do they offer?
by JSparks
Wed Sep 12, 2018 1:21 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Re: Planning to Contact Vangaurd

I have everything worked out in terms of withdrawal. Just need someone to confirm my numbers and help me find a suitable and safe investment vehicle to get what I think we need.
by JSparks
Wed Sep 12, 2018 12:03 pm
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Post deleted.
by JSparks
Wed Sep 12, 2018 9:56 am
Forum: Personal Investments
Topic: Planning to Contact Vanguard
Replies: 29
Views: 2070

Planning to Contact Vanguard

I believe I'm just two to three years away from FIRE. Though I've been largely unadvised for 20 years, I'd like to get the opinion of a Vanguard CFP to see if my numbers are correct and to discuss post-retirement investing. At the risk of sounding selfish/foolish, I need to ask one question. How wou...
by JSparks
Tue Aug 02, 2016 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting a House to a Grown Child
Replies: 17
Views: 1889

Gifting a House to a Grown Child

I'm trying to offer some protection for my sister regarding her potential inheritance of my father's house and thought it might be helpful to post this question here. I've tried contacting a few elder care attorneys about this and have emailed them the information below. None will return my calls or...