Search found 2536 matches

by Nate79
Tue Jun 19, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on track to retire at 55?
Replies: 23
Views: 2103

Re: Am I on track to retire at 55?

In 20 years everything can change. Save as much as possible and come back to this thread in 15 years. Withdrawal rules can change, medical insurance cost, addition of family, etc.
by Nate79
Mon Jun 18, 2018 10:16 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Dividends
Replies: 12
Views: 991

Re: Mutual Fund Dividends

If you look at the mutual fund annual or semiannual report you can see the actual cash holdings. For example VTSAX family holds about 1.1% in cash or short term reserves. I do not think they are buying and then liquidating shares to distribute the dividend.
by Nate79
Mon Jun 18, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3310

Re: Using HELOC to pay off mortgage in 7 years?

I think your mortgage being amortized is what makes the difference. Even if your HELOC rate is higher than your mortgage, your principle is being reduced way faster and the amount you borrowed from HELOC is getting paid back faster. That's how I think it would be explained at least. This is a long ...
by Nate79
Mon Jun 18, 2018 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Invest more or accelerate mortgage payoff?
Replies: 15
Views: 922

Re: Invest more or accelerate mortgage payoff?

Hard to say without more information — like interest rate on mortgage, level of other savings (by type), other debt, etc. Decisions like this should be made in the context of all your finances. Interest rate on the mortgage is 2.75% for a 7 year ARM. We have about $200k in retirement dedicated acco...
by Nate79
Mon Jun 18, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 39
Views: 3147

Re: Why do we need 529?

529 withdrawals are pro-rata. Can't just withdraw the contributions. IT doesn't make a difference if your tax bracket is the same at contribution or withdraw time. You are being taxed the same assuming in the roth ira case you only withdraw the contributions Another point in favor of Roth is that t...
by Nate79
Mon Jun 18, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3310

Re: Using HELOC to pay off mortgage in 7 years?

Halicar wrote:
Mon Jun 18, 2018 3:40 pm
OP posted the same thing a couple of months ago and everyone said it was a scam. I suspect that OP isn't really asking in good faith, and is actually trying to scam people.
Strange coincidence?

viewtopic.php?f=2&t=240441&p=3761190#p3761190
by Nate79
Mon Jun 18, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley Target date portfolios?
Replies: 19
Views: 850

Re: Morgan Stanley Target date portfolios?

Do you have online access where you can search all the potential funds? If so you can sort them by expense ratio and likely find some low cost index funds and replicate the target date fund with only 3 funds (total stock market, total international, and a bond fund). Otherwise the net expense ratio ...
by Nate79
Mon Jun 18, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 39
Views: 3310

Re: Using HELOC to pay off mortgage in 7 years?

This is a long known scam where you pay someone to teach you this idea which played on the average persons inability to do basic math and their ignorance about how a mortgage and helix works.

No it is not a good idea.....
by Nate79
Mon Jun 18, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 4967

Re: Bitcoin Price Manipulation

I agree with you that bitcoin today has been highly volatile and certainly does not meet that definition *today* but as long as the network survives(HUGE IF) and the 1% scenario plays out it will approach that definition better than any other money in human history. I should have said 'if the exper...
by Nate79
Mon Jun 18, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Northwestern Mutual Advisory Portfolios
Replies: 23
Views: 918

Re: Northwestern Mutual Advisory Portfolios

Northwestern Advisory portfolios? I just threw up a little.

A little bit of Whole life here, a little bit of Universal life there. Some active management here, some high load and fee mutual funds there.

Sounds dreamy. :dollar :moneybag :dollar :moneybag
by Nate79
Mon Jun 18, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 1988

Re: Vanguard Brokerage Acct. WHY ?

It comes down to do you want to do the transition now or later when Vanguard phases out the mutual fund platform? Hi Nate79 - This has been my understanding as well. I opened a money market mutual fund account last summer and when I contacted Vanguard, I asked multiple questions regarding the broke...
by Nate79
Mon Jun 18, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: African Safari: Worth it or Hype?
Replies: 57
Views: 4390

Re: African Safari: Worth it or Hype?

These safari's sound wonderful. I traveled once to South Africa for business and am kicking myself I didn't take some time and do something besides the business meetings....

How much do these Safari's cost (per person or for a couple)?
by Nate79
Mon Jun 18, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Why do we need 529?
Replies: 39
Views: 3147

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? To clarify: You most certainly *can* withdraw earnings from a R...
by Nate79
Mon Jun 18, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: I feel like selling my 3 fund
Replies: 55
Views: 6831

Re: I feel like selling my 3 fund

Don't fear the downturn coming. Markets go up and down. You can't predict when it's going to happen. When it goes down it is scary because no one knows what is going to happen next. What is important is to figure out where your risk tolerance is and where your need to take risk is. Then hold fast. Y...
by Nate79
Mon Jun 18, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: How to prioritize paying down loans vs. savings
Replies: 9
Views: 1077

Re: How to prioritize paying down loans vs. savings

I would pay off the student loans using as much money as possible above the 401k match. At those interest rates a guarantee return is very nice. You should be able to pay them off in 3 years or less if you get intense about it. I also agree with delamer that I would wait to buy a house until your st...
by Nate79
Mon Jun 18, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 1988

Re: Vanguard Brokerage Acct. WHY ?

It comes down to do you want to do the transition now or later when Vanguard phases out the mutual fund platform?
by Nate79
Sun Jun 17, 2018 8:40 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 28
Views: 3632

Re: I-bonds look pretty bad right now

So what is your alternative? Other forms of fixed income I guess. Maybe long-term CDs in a tax-advantaged account, or similar. Looking at the prices right now, if you didn't have to pay taxes (e.g. Roth IRA) there are 2-year CDs right now that can keep up with inflation. What guarantee do you have ...
by Nate79
Sun Jun 17, 2018 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1690

Re: Schwab Independent Franchise

An article last year https://www.fa-mag.com/news/schwab-to-ramp-up-franchise-branch-program-34918.html?section=3 talked about a couple of Schwab Franchise branches. When I checked the population of the cities they were located in it seemed that they were all in cities with a population under 250,00...
by Nate79
Sun Jun 17, 2018 7:44 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 28
Views: 3632

Re: I-bonds look pretty bad right now

Hello, Today I calculated how long I'd have to wait if I wanted to make a positive real return with I-bonds. The return rate for an I-bond is CPI plus a fixed rate, deferred until you cash the I-bond. Then you pay federal tax but not state and local taxes. You cannot hold an I-bond longer than 30 y...
by Nate79
Sun Jun 17, 2018 7:09 pm
Forum: Personal Consumer Issues
Topic: Best stroller+infant seat for gravel roads?
Replies: 18
Views: 977

Re: Best stroller+infant seat for gravel roads?

We have a standard stroller and car seat by Graco purchased new. The stroller is only for paved areas and smoothed paved or for when we are out and about shopping and so forth. Then we bought a jogging stroller with actual rubber tires off Facebook marketplace. We watched for ones that were higher e...
by Nate79
Sun Jun 17, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 78
Views: 5845

Re: How much (green) cash at home for emergency ?

Unless you are running from the law and need to stay hidden, why would ATMs and banks not be available at the safe area? Power outage, natural disaster, etc. Okay, if fleeing a natural disaster why would you stop at an area that's been so badly damaged that there wouldn't be banks or ATMs available...
by Nate79
Sun Jun 17, 2018 4:28 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance: What’s the Catch?
Replies: 10
Views: 1435

Re: M1 Finance: What’s the Catch?

livesoft wrote:
Sun Jun 17, 2018 7:15 am
The catch has also been described in this thread: viewtopic.php?f=1&t=236951&p=3964367
What are you specifically referring to?
by Nate79
Sun Jun 17, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 78
Views: 5845

Re: How much (green) cash at home for emergency ?

My question is: how much cash should I have to evacuate and reside in a safe area for 2 months or longer? Is $10,000 green cash hidden on the premises reasonable ? Unless you are running from the law and need to stay hidden, why would ATMs and banks not be available at the safe area? Power outage, ...
by Nate79
Sun Jun 17, 2018 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Role of Annuity For Savers Who have 20+ years until Retirement
Replies: 32
Views: 2254

Re: Role of Annuity For Savers Who have 20+ years until Retirement

The fixed index annuity is one of the most toxic products out there sold by the insurance industry (even worse than UL and WL junk). Do not be detracted by the salesman lies and exaggerations.
by Nate79
Sun Jun 17, 2018 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Take Advantage of Stable Value Fund?
Replies: 22
Views: 1283

Re: Take Advantage of Stable Value Fund?

All of our fixed income is in our 401k stable value fund of similar yield. The low risk and no volatility means I can be more comfortable taking risk on the equity side.
by Nate79
Sun Jun 17, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Independent Franchise
Replies: 25
Views: 1690

Re: Schwab Independent Franchise

Schwab has the free robo service and the advisor service. They always assign your account to the local office to help you as needed. If you don't need their service let them know if they contact you. Really not a big deal.
by Nate79
Sun Jun 17, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Approximating total stock market
Replies: 22
Views: 1764

Re: Approximating total stock market

Based on this wiki page, the US total stock market caps equal 81% large, 4% mid and 15% small. https://www.bogleheads.org/wiki/Approximating_total_stock_market However, Vanguard's Portfolio Analysis for my VTSAX fund shows 71% large, 21% mid and 8% small. Question, which is most reliable to follow ...
by Nate79
Sun Jun 17, 2018 12:40 am
Forum: Investing - Theory, News & General
Topic: Approximating total stock market
Replies: 22
Views: 1764

Re: Approximating total stock market

Based on this wiki page, the US total stock market caps equal 81% large, 4% mid and 15% small. https://www.bogleheads.org/wiki/Approximating_total_stock_market However, Vanguard's Portfolio Analysis for my VTSAX fund shows 71% large, 21% mid and 8% small. Question, which is most reliable to follow ...
by Nate79
Fri Jun 15, 2018 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 2196

Re: Using Wellesley Fund as a bond alternative

The question is do the bonds this fund holds match the risk profile you are trying to have in the fixed income portion of your portfolio? Do you actually know anything about what bonds this fund holds?
by Nate79
Fri Jun 15, 2018 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1491

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

munemaker wrote:
Fri Jun 15, 2018 7:51 pm
Keep your investments separate from your insurance.
+1
by Nate79
Fri Jun 15, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 1988

Re: Vanguard email about transition fund accounts to new brokerage platform

To add to the many threads on this topic, I had an email today from the flagship rep titled "Follow-up from your Assigned Representative" about transitioning mutual fund accounts to Vanguard's brokerage platform. I hadn't asked about it, so I'm not sure what's being followed-up, but it is the first...
by Nate79
Fri Jun 15, 2018 11:29 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 4967

Re: Bitcoin Price Manipulation

queso wrote:
Thu Jun 14, 2018 9:20 am
Wow, long time no crypto thread, eh? I was wondering what happened to all our raging crypto bulls. Oh yeah, it has been tanking for the last month or two. Now I remember. :happy
They were playing computer games in their parents basement waiting for a bitcoin thread to pop up.
by Nate79
Fri Jun 15, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 2196

Re: Using Wellesley Fund as a bond alternative

Mtn Hiker wrote:
Fri Jun 15, 2018 8:09 pm
from oct 2007 to march 2009 it went down 19%. No, this is not an alternative to a bond fund.
+1
by Nate79
Fri Jun 15, 2018 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Financing on Land Sale
Replies: 10
Views: 1002

Re: Seller Financing on Land Sale

Why can't they get a traditional loan?
by Nate79
Fri Jun 15, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: I am STUNNED over how much help my friends recieved with house purchase!
Replies: 47
Views: 3680

Re: I am STUNNED over how much help my friends recieved with house purchase!

My parents helped 2 out of 4 kids to afford their first home. My grandparents helped I think 2 out of 3 of their kids get into their first houses.

Nothing has changed that I have seen. Parents have been helping their kids for generations.
by Nate79
Fri Jun 15, 2018 5:05 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads smarter than the bond market?
Replies: 38
Views: 3442

Re: Are Bogleheads smarter than the bond market?

There is a lot of talk recently about shifting to shorter duration bonds because interest rates are going up. Do we know something that is not already known by everyone else buying and selling bonds? Do we have information not already priced into the bonds? "The market is smarter than you are" was ...
by Nate79
Fri Jun 15, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Fund college tuition through 529 plan or Indexed Universal Life (IUL)
Replies: 32
Views: 1491

Re: Fund college tuition through 529 plan or Indexed Universal Life (IUL)

investmentlife wrote:
Fri Jun 15, 2018 4:01 pm
I disagree with most of the posts here. I certainly would not recommend utilizing an IUL over a 529 plan, but IULs can be an excellent investment vehicle when structured properly. IUL is not for everyone, but for the right person there are many advantages. Stick with the 529 plan.
Um, nope.
by Nate79
Fri Jun 15, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate to achieve retirement goals?
Replies: 10
Views: 1083

Re: Savings rate to achieve retirement goals?

Building off the other calculations it would help if you gave your exact age, when you want to retire, when you plan to take SS (what age were those SS numbers). For example, if you need $100k from age 62 to age 66. At age 66 you receive $30k and then you only need $70k from retirement accounts. So ...
by Nate79
Fri Jun 15, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 144
Views: 9966

Re: Which boglehead rule do you break--and are ok with

I own 2 active funds where low cost index funds are available:
American Funds EuroPac in 401k where a low cost international index fund is available.
JPMorgan Large cap growth in HSA where some low cost index funds are available.
by Nate79
Fri Jun 15, 2018 11:58 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 144
Views: 9966

Re: Which boglehead rule do you break--and are ok with

I pay extra on my mortgage even though I haven't maxed out my 401k. Does that count as breaking a Boglehead rule? We also don't have life insurance, despite having a one-year-old. It's been on my to-do list, but who has the time? While not a BH rule I think this is one I wouldn't delay and I would ...
by Nate79
Fri Jun 15, 2018 10:38 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9761

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

...Now, Dave of course recommends no bonds. But while he may give some borrower slave to lender nonsense why bonds aren't good... Just to be clear. When you own a bond, you are the lender and the bond issuer is the borrower. I understand you to say that Dave Ramsey objects to all loans , not just b...
by Nate79
Fri Jun 15, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 15900

Re: Should I take possession of a certified mail?

Maybe it is a thank you note and a gift card thanking you for being such a great customer over the year. 8-)
by Nate79
Fri Jun 15, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: 28 with a wife and new baby
Replies: 31
Views: 2058

Re: 28 with a wife and new baby

Does your University job not offer some sort of benefit to your child for free tuition? +1. I was about to ask the same thing. Mine offers almost free tuition although only a few of my colleagues took advantage of it. It does offer free tuition for up to six credit hours per semester for dependents...
by Nate79
Fri Jun 15, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6564

Re: can we afford to spend $20K on travel annually

What is this other savings account getting 4-9%? I use my money to arbitrage on corporation event mainly merger and acquisition. This year the biotech co. get take out left and right Can you explain what you mean here? You described this as a savings account, not an investment account. By restrict ...
by Nate79
Fri Jun 15, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6564

Re: can we afford to spend $20K on travel annually

Anyone else think 39 is a bit young to be considered middle aged?! 39 is actually right at the midpoint of the total life expectancy for a U.S. male at age 39, so no, it seems appropriate to me. https://www.ssa.gov/oact/STATS/table4c6.html As someone who is turning 39 in a few months I don't look a...
by Nate79
Fri Jun 15, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9761

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

Certainly every case is individual, but i can definitely see circumstances where you should bypass 401-K matches to manage excess consumer debt. One can best learn when they understand statements within their context, and suppress their underlying biases to learn both what to do and what not to do....
by Nate79
Fri Jun 15, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]
Replies: 127
Views: 9761

Re: Interesting video from Ramsey today [How Ramsey Outperforms The Stock Market]

He is getting a lot of people to clean up their debt and start investing. His 'show' is entertaining and uplifting. If his followers follow his advice and do active funds, most would be far better off than if they never ran into him to begin with. Except that the American Funds that he recommends h...
by Nate79
Fri Jun 15, 2018 10:06 am
Forum: Personal Finance (Not Investing)
Topic: RMDs based on 1986 life expectancy versus today?
Replies: 23
Views: 1950

Re: RMDs based on 1986 life expectancy versus today?

Not sure the point here. RMD's are just a mandated amount you have to pull out of tax deferred accounts. Except that you have to pay tax on that money it doesn't have anything to do with spending amount. So pay the tax and your account value hasn't changed. Not sure what life expectancy has to do wi...