Search found 395 matches

by MI_bogle
Tue May 21, 2019 8:17 am
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 61
Views: 4527

Re: Is an emergency just mental accounting?

Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio that is 80/20 with an emergency fund in a money market account becomes a 75/25 portfolio with the emergency fund fully inve...
by MI_bogle
Tue May 21, 2019 7:52 am
Forum: Personal Investments
Topic: Is an emergency just mental accounting?
Replies: 61
Views: 4527

Re: Is an emergency just mental accounting?

In the case of an emergency fund the special "money jar" is often a high-yield savings account, money market account, etc. Is there any reason why someone shouldn't just revisit their risk tolerance and redirect the emergency fund to that allocation in a brokerage account? For example, a portfolio ...
by MI_bogle
Fri May 17, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 91
Views: 5460

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

I am coming out of a Equinox lease and our other family car is a minivan. Previously my cars have always been midsize sedans. Chevrolets, Mazdas, etc. My intent was and may be still to purchase a more economical commuter. I test drove a Civic, Accord, Elantra, Sonata, Camry, Mazda3, Mazda6, Corolla...
by MI_bogle
Mon May 06, 2019 11:18 am
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 5890

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

I don't understand the value in the retirement projections / calculators for someone younger trying to project an early retirement age or estimated portfolio balance. There are so many unknown variables that could occur over the next 15, 20, 25 years. The main unknowns that can drastically affect m...
by MI_bogle
Mon May 06, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Anybody try the Blue Apron or the like?
Replies: 68
Views: 4567

Re: Anybody try the Blue Apron or the like?

Used it for the free trial twice, as several friends had it. Lots of packaging waste, which I didn't like Meals were just fine, liked the recipes and the directions. Between the cost and the packaging waste I concluded it would be much better to just try to expand cooking ideas by looking at stuff o...
by MI_bogle
Mon May 06, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 4802

Re: Car shopping advice (sanity check)

. Might as well trade the car in while it'll still net me a few thousand. thanks for all the advice Bogleheads ! Questionable reasoning aside, Could you expand? Would be nice to find flaws in my logic (always looking to improve) You are using the "trade in before it loses all value" as an excuse to...
by MI_bogle
Fri May 03, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 4802

Re: Car shopping advice (sanity check)

. Might as well trade the car in while it'll still net me a few thousand. thanks for all the advice Bogleheads ! Questionable reasoning aside, keep in mind that dealerships make a lot of money by shortchanging you the value of your trade-in It's typically much better to sell your car yourself. Not ...
by MI_bogle
Wed May 01, 2019 11:02 am
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3181

Re: Do I live in a HCOL area?

vtMaps wrote:
Wed May 01, 2019 9:16 am
It's an hour's drive to the nearest traffic light in my county!

--vtMaps
I would propose "Mi Bogle's Law", which states that the likelihood you live in a LCOL increases exponentially for every 5 minutes you have to drive before you hit the closest traffic light
by MI_bogle
Wed May 01, 2019 11:00 am
Forum: Personal Consumer Issues
Topic: Babymoon?
Replies: 36
Views: 2783

Re: Babymoon?

I'd vote for Iceland or Spain/Portugal if that's the entire list

Traveling while trying to get pregnant sounds like a great time to me but I guess opinions vary
by MI_bogle
Fri Apr 26, 2019 11:16 am
Forum: Personal Consumer Issues
Topic: Minivan alternatives?
Replies: 48
Views: 3017

Re: Minivan alternatives?

Your situation is what minivans were created for. Don't overthink it

Buy an Odyssey or wait until the redesigned Sienna starts showing up later next year
by MI_bogle
Mon Apr 22, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Is the Subaru Outback a safe car?
Replies: 9
Views: 1218

Re: Is the Subaru Outback a safe car?

One should carefully define what they mean by "safe" and evaluate the mechanism behind evaluating that claim This website rates it as "least safe" because it has "20% higher driver fatality risk than the average passenger vehicle---based on class/weight" Let's go ahead and mosey over to IIHS data fr...
by MI_bogle
Thu Apr 18, 2019 2:37 pm
Forum: Personal Consumer Issues
Topic: Electric smoker
Replies: 26
Views: 1164

Re: Electric smoker

Masterbuilt's are fine in terms of electrics. Char Broil would be the other big name I believe. For occasional use, a MES is fine. You'd probably be satisfied with it. Personally I think gas or pellet smokers are good options for the "no need to babysit" category, while delivering better flavor and ...
by MI_bogle
Thu Apr 04, 2019 10:49 am
Forum: Investing - Theory, News & General
Topic: Anyone projecting a REALLY low SWR?
Replies: 24
Views: 1566

Re: Anyone projecting a REALLY low SWR?

We have a good EF at the moment, but right now all our current savings are going to pre-tax (we have about 1/4 of retirement in Roth but not currently adding to that) Should we think about reducing our retirement savings and saving more in taxable? And, truth be told, spending more? I project we ca...
by MI_bogle
Wed Apr 03, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Household budget, savings, retirement, and Home Equity question
Replies: 23
Views: 2296

Re: Household budget, savings, retirement, and Home Equity question

I don't think that your spending is unreasonable. The cleaning lady seems like an obvious $300 cut and once you knock off that and the TSP loan, you'll see a $1,200 difference. Your house seems like a reasonable price for your income, but the 15 year loan is killing you. I'd see if you could refina...
by MI_bogle
Wed Apr 03, 2019 9:05 am
Forum: Personal Investments
Topic: Lifestrategy vs 100% Stock in HSA
Replies: 18
Views: 1332

Re: Lifestrategy vs 100% Stock in HSA

I only slightly agree with the other comments. Unless you'll never touch these funds for health expenses, you still may need to access part of the HSA for medical expenses as early as tomorrow. In my opinion, you should keep approximately 1 year's worth of out-of-pocket, max health care expenses in...
by MI_bogle
Fri Mar 29, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: 2012 Honda Fit MPG issue
Replies: 49
Views: 3141

Re: 2012 Honda Fit MPG issue

Since retiring, I do MUCH less highway driving; I guess it's possible that I was getting miserable City mileage all along and was fooled by the average over time. I'm going to be more observant of my driving habits, use better gas and read up on the parts that have been mentioned. Will decide next ...
by MI_bogle
Fri Mar 22, 2019 11:45 am
Forum: Personal Investments
Topic: saving too much?
Replies: 17
Views: 1461

Re: saving too much?

I will be graduating in a little over a year, my fiancé and I will hopefully be making lows 6 digits and currently have a plan for aggressive savings and investing for 10-15 years and then hopefully retire. Our goal would be to save about 1/2 of our take home pay in tax deferred and a taxable accou...
by MI_bogle
Thu Mar 21, 2019 11:21 am
Forum: Personal Consumer Issues
Topic: Minivan or SUV?
Replies: 24
Views: 1640

Re: Minivan or SUV?

I'd vote for the Sienna

lots of room, AWD, last forever, if you remove the bench seats (at least on the older models) you can fit a TON of stuff in the back

sliding doors work a lot better for families too

Can still put a hitch on and tow a light utility trailer too
by MI_bogle
Thu Mar 21, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: Minivan - Safety
Replies: 34
Views: 1624

Re: Minivan - Safety

The way I look at safety is this: A Prius has the statistic of 47 deaths per million registered vehicles. Say a minivan or SUV is twice as safe at 100 deaths per million vehicles. That seems great to replace my Prius with a vehicle that is twice as safe. However, if I look at percentages, I'm spend...
by MI_bogle
Fri Mar 15, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Fishing Kayak recommendation
Replies: 50
Views: 2436

Re: Fishing Kayak recommendation

I am in market for a fishing kayak. I am just starting out looking at various options. Here is some more information on the application: 1. I am looking for a tandem kayak, I plan to fish with my kid (11 yrs. old). Tandem kayaks can be good...but they are bigger, heavier, and your kid will quickly ...
by MI_bogle
Fri Mar 15, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Switch from average day care to fancy one?
Replies: 31
Views: 1998

Re: Switch from average day care to fancy one?

Our 2.8 year old kid will soon be transitioning to the next class at 3. He is currently in an "average" day care that is right next to our house. Nothing spectacular, nothing bad.. Lot of younger teachers and diversity. He is happy there and always seems glad to be there.. There is a fancier daycar...
by MI_bogle
Fri Mar 15, 2019 7:48 am
Forum: Personal Consumer Issues
Topic: Should I move my plants away from street lamp so they can sleep?
Replies: 14
Views: 1307

Re: Should I move my plants away from street lamp so they can sleep?

My baby lemon plant has grown more than 2 inches since I moved it every night into the dark - I measure the progress weekly. It has not been growing at this rate for 3 months now! Wow. Not to burst your bubble, but most of that is likely due to increased photoperiod, not moving it into the dark eve...
by MI_bogle
Thu Mar 07, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard is Discontinuing their VanguardAdvantage Accounts
Replies: 613
Views: 50787

Re: Vanguard is Discontinuing their VanguardAdvantage Accounts

One of the questions I answered for the survey had a long list of services including all the common ones typically offered by a bank for checking/savings accounts. However, I was only allowed to check the 4 most important. If I were to move from my bank to a similar Vanguard service I would need to...
by MI_bogle
Wed Mar 06, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Why all the surveys?
Replies: 38
Views: 2230

Re: Why all the surveys?

Because collecting and analyzing survey data is easier than ever, and more important than ever
by MI_bogle
Wed Feb 27, 2019 8:32 am
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 8062

Re: How often do you and your friends change engine oil?

Well our brand new Prius is due back at dealer in May for the “free” 5000 mile oil change. Not sure whether we will have driven a full 5000 miles by then but may be a bit short or over. They provide oil changes for first 2 years. While I don't know the specifics of your Prius, I think all new Toyot...
by MI_bogle
Tue Feb 26, 2019 5:21 pm
Forum: Personal Consumer Issues
Topic: How often do you and your friends change engine oil?
Replies: 167
Views: 8062

Re: How often do you and your friends change engine oil?

Well our brand new Prius is due back at dealer in May for the “free” 5000 mile oil change. Not sure whether we will have driven a full 5000 miles by then but may be a bit short or over. They provide oil changes for first 2 years. While I don't know the specifics of your Prius, I think all new Toyot...
by MI_bogle
Mon Feb 25, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Things to do in Indiana
Replies: 64
Views: 4201

Re: Things to do in Indiana

Notre Dame campus, if you're up north around South Bend. Edit to add: and make sure to order pork tenderloin at some point (if you eat pork/meat). Eat pork tenderloin on the Notre Dame campus? Or eat sometime during the trip? Any suggestions on where to order it? If you are going to be up in the So...
by MI_bogle
Mon Feb 18, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Are Should I label employer 401k contributions as "income" or "transfers" in finance software (Mint.com)?
Replies: 11
Views: 347

Re: Are Should I label employer 401k contributions as "income" or "transfers" in finance software (Mint.com)?

What does "transfer" signify in MINT. Transfer would be used for something like moving money from a checking account to a savings account. In order to track spending and income accurately you'd want to avoid Mint categorizing the checking account withdrawal as an expense and the savings account dep...
by MI_bogle
Fri Feb 15, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Options for Commuting to Work
Replies: 37
Views: 1484

Re: Advice Needed - Options for Commuting to Work

Honestly all those options sound pretty brutal in terms of time How much will the driving commute actually cost per mile? Is the IRS reimbursement estimate reasonable or is there a better estimate to use? This varies immensely and depends on your vehicle costs (total vehicle cost over your ownership...
by MI_bogle
Fri Jan 18, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 909
Views: 164497

Re: Boglehead Beer

Harpoon's Winter Blonde is the only one I can find regularly, and even then it's seasonal. It says it's made with "vanilla cold brew from a local supplier." I enjoyed it enough that I usually buy it once or twice every winter. Thanks! With the trendiness of coffee and craft beer, I can't believe th...
by MI_bogle
Fri Jan 18, 2019 8:52 am
Forum: Personal Investments
Topic: Where Do HSAs Fit in Asset Location?
Replies: 48
Views: 2981

Re: Where Do HSAs Fit in Asset Location?

I have been putting my HSA entirely in bonds. My reasoning is that if my HSA account value exceeds out of pocket medical costs, then the excess will be taxed at ordinary rates, so it makes the most sense to put low-return, tax-inefficient assets in the HSA, especially since I have reason to hope th...
by MI_bogle
Fri Jan 18, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: What shelf liquor and your favorite cocktails?
Replies: 45
Views: 2983

Re: What shelf liquor and your favorite cocktails?

OP asked about cocktails. I go middle of the road for cocktails. I have been doing Manhattan, Old Fashioned, Sazerac, and maybe vodka martinis lately. For rye I have been buying Bulleit even though I really should boycott them. Not so many choices where I live. If you get a chance try Rittenhouse R...
by MI_bogle
Thu Jan 17, 2019 9:06 am
Forum: Personal Consumer Issues
Topic: Gas station prices and quality
Replies: 116
Views: 11435

Re: Gas station prices and quality

Where do you live that you see a price variance of $1? The most I ever see is about 10 cents in my area - but its usually more like a few cents difference (hardly worth even thinking about - not worth crossing traffic or driving an extra few blocks for). Los Angeles. At this moment, according to Wa...
by MI_bogle
Wed Jan 09, 2019 3:57 pm
Forum: Personal Investments
Topic: High Income for First Time, Kid on the Way, and I'm Overwhelmed with My Options (Long)
Replies: 43
Views: 3560

Re: High Income for First Time, Kid on the Way, and I'm Overwhelmed with My Options (Long)

Others have covered a bunch of the priority with loans/tax advantaged space Couple other things not mentioned Aside from me having no idea how to change a diaper Don't worry, this is like the easiest part of parenting :D HSA: $6,900 -- I'm still cautious about investing this, but I'll cross that bri...
by MI_bogle
Fri Jan 04, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8523

Re: What Do You Spend The Most On Annually?

I don't consider saving to be spending, so that is not accounted for here. Taxes are (very) roughly estimated. Several changes in our tax situation plus the new tax law so I could be off some, haven't delved into that much yet. Of our discretionary spending the top 10 items 1) 16% on mortgage/utilit...
by MI_bogle
Thu Jan 03, 2019 11:08 am
Forum: Personal Consumer Issues
Topic: Best Way to get rid of leaves
Replies: 83
Views: 8632

Re: Best Way to get rid of leaves

Mulching them with the mower is by far the best IMO 1) it's the quickest and easiest method (outside of doing nothing) 2) it requires no extra equipment such as a leaf blower, rake, leaf bags, etc 3) it provides nutrients to your yard that you'd otherwise be removing 4) following 3), it can reduce t...
by MI_bogle
Fri Dec 21, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Having minor panic about finances with second child, best way to budget?
Replies: 54
Views: 3156

Re: Having minor panic about finances with second child, best way to budget?

My mom who is visiting told me she is terrified we are going to be financially wrecked if one of us loses our jobs. In any case it sounds to me like it is time to develop a tight budget. Should we start budgeting and if so, what are the best tools to use. It seems to me that excel might be my best ...
by MI_bogle
Thu Dec 20, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1892731

Re: U.S. stocks in free fall

Anyone who thinks stocks are now in free fall should review the broadcast news from September and October 2008. It really did feel to many at the time that the end of the world was nigh. And yet, when all was said and done, the market only lost half its value, which it recovered in four years. This...
by MI_bogle
Wed Dec 19, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2455

Re: Math: How much would you spend to repair this car?

I think it's less than a math question and more a question of personal comfort How comfortable are you driving around in a car with a check engine light on? A check engine light either means very little or is a big deal. Buy a cheap scanner and see what it says. Hence why I said if the engine code ...
by MI_bogle
Wed Dec 19, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Math: How much would you spend to repair this car?
Replies: 53
Views: 2455

Re: Math: How much would you spend to repair this car?

I think it's less than a math question and more a question of personal comfort How comfortable are you driving around in a car with a check engine light on? How comfortable are you driving around in a car with a big dent in the hood? How comfortable are you paying for a new car, in the grand scheme ...
by MI_bogle
Tue Dec 18, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Non-budgeters: How do you handle large purchases?
Replies: 47
Views: 3712

Re: Non-budgeters: How do you handle large purchases?

I don't know if non-budgeters can really provide a lot of detail. I think a lot of it is intrinsic behavior. I would use the analogy of asking a star NFL player to explain exactly why they are so good and how they do it. Versus asking a NFL coach to explain the same thing. The best players are rarel...
by MI_bogle
Tue Dec 18, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40172

Re: Mr. Money Mustache, SWR, and equity allocation

... He has articles about the 4% rule https://www.mrmoneymustache.com/2012/05/29/how-much-do-i-need-for-retirement/ Safety Margin https://www.mrmoneymustache.com/2011/10/17/its-all-about-the-safety-margin/ Huh.. so from what I gather, he IS advocating for the same 4% SWR, but suggests you also get ...
by MI_bogle
Tue Dec 18, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40172

Re: Mr. Money Mustache, SWR, and equity allocation

What I don't want to happen is to quit my job at age 40, throw everything into stock funds, draw 5% a year and assume I'll be okay. But isn't that essentially what MMM says? MMM is wrong. You would have been totally broke if you had done this right before the Great Depression, and you'd be close to...
by MI_bogle
Tue Dec 18, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40172

Re: Mr. Money Mustache, SWR, and equity allocation

Do you have a link to where he says that? Does he maybe mean a variable withdrawal rate of 5% of whatever the balance is? As opposed to the typical 4% SWR which sets the initial withdrawal amount and is adjusted up with inflation. A variable withdrawal that changes as a % of current balance will la...
by MI_bogle
Tue Dec 18, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 524
Views: 40172

Re: Mr. Money Mustache, SWR, and equity allocation

This will be beat to death and then maybe eventually locked. There's been plenty of threads about MMM in the past and many turn contentious There will be a bunch of Internet Retirement Police to come in and say how his assumptions rely on not actually being retired. There will be people that argue a...
by MI_bogle
Tue Dec 18, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and separate accounts - how does it work?
Replies: 98
Views: 5426

Re: Marriage and separate accounts - how does it work?

Would be interesting to see how well couples that have separate accounts where "she pays some bills, I pay others" have a grasp on what their monthly expenses are. I suspect this is all over the map. Lots of couples that have one joint account have no idea what their monthly expenses are. I know a ...
by MI_bogle
Mon Dec 10, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Article: Your love of index funds is terrible for our economy
Replies: 62
Views: 7508

Re: Article: Your love of index funds is terrible for our economy

Of all the things that government, big business, and individuals do that aren't good for the economy, this guy wants to call out index investors. Because even when active managers underperform as they charge higher fees than index funds, they are still adding lots of value in our economic system. i...
by MI_bogle
Thu Dec 06, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: New QUIET Tires for Accord
Replies: 37
Views: 2639

Re: New QUIET Tires for Accord

For keeping tires quiet, maintain your tires well. This means rotating them every 10k miles or less (just do rotations with oil changes), maintaining tire pressure, maintaining alignment (poor wear due to alignment issues will cause noisy tires), and making sure your suspension is in good shape (ba...
by MI_bogle
Wed Dec 05, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: New QUIET Tires for Accord
Replies: 37
Views: 2639

Re: New QUIET Tires for Accord

For keeping tires quiet, maintain your tires well. This means rotating them every 10k miles or less (just do rotations with oil changes), maintaining tire pressure, maintaining alignment (poor wear due to alignment issues will cause noisy tires), and making sure your suspension is in good shape (ba...
by MI_bogle
Tue Dec 04, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10846
Views: 1892731

Re: U.S. stocks in freefall

I'm really not liking this market. Anyone else thinking its time to lighten up on equities? I'm really considering pulling out for a while. Ditto - the market knows NOTHING today that it did not know yesterday, yet the Dow drops 775+ points. THIS DID NOT USED TO HAPPEN - at least with the frequency...