Search found 33 matches

by Fox
Thu Nov 16, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 55
Views: 4256

Re: Buying and Spending Bitcoin

Depending on the time it took to confirm the transaction, the price of bitcoin itself could have changed several hundred dollars too! If you want to acquire bitcoin without any fees, then you can register on Coinbase, wire transfer from a checking account for free (takes 7 days), then move USD to GD...
by Fox
Thu Nov 16, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: Buying and Spending Bitcoin
Replies: 55
Views: 4256

Re: Buying and Spending Bitcoin

Before anyone starts buying bitcoin or cryptocurrency, you need to be prepared where to store it, since you essentially become your own bank. Most people will buy bitcoin, litecoin, etc from an online exchange rather than an ATM. Coinbase is a very popular US based exchange. You can store bitcoin on...
by Fox
Thu Nov 16, 2017 8:18 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 101
Views: 7321

Re: Has used furniture dropped in value dramatically?

We bought our first home in 2013. It was built in 1910 and we filled it with mostly used furniture. We bought a dining set that was Drexel brand with 6 chairs for $395. The guy we bought it from in 2013 said his mother bought it new in the 1940's for about $1300-1500. Who knows how accurate that is ...
by Fox
Fri Nov 10, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 3098

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

For reference, I'm 32, not in the tech field. My computer's GPU at home is mining away... I'm curious...from what I've read, it's only a good idea to mine Bitcoin in an area with low cost Kw/h energy. China, Iceland, etc. I think I did read an article about a guy in the pacific NW who was mining a ...
by Fox
Fri Nov 10, 2017 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Buying bitcoin / Cryptocurrency to market cap (.3%)
Replies: 42
Views: 3098

Re: Buying bitcoin / Cryptocurrency to market cap (.3%)

Blockchain technology (Bitcoin, ethereum and other alt coins) is a fascinating subject to learn about and it is going to be integrated into a lot of industries. I'm far from an expect in the area, but things I've learned since dabbling over the last 3 months: 1. Huge volatility. I have not had signi...
by Fox
Tue Nov 07, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Furnace Issues
Replies: 30
Views: 1799

Re: Furnace Issues

We recently had similar furnace troubles which ended up being an easy repair. Our furnace is about 15 years old and was turning on and running, but no heat was being produced. It was giving an error code that listed a number of possible problems including blocked intake or exhaust, failing inducer m...
by Fox
Fri Jul 14, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Road vehicle, 4 adults, one car seat, must it be a minivan?
Replies: 43
Views: 2742

Re: Road vehicle, 4 adults, one car seat, must it be a minivan?

Like others have mentioned above, I drive a Ford Flex Ecoboost. It is far more powerful than it should be, can haul everything we need and is not quite a minivan, or a station wagon, etc. But now I wish I just had a barebones minivan since the Flex Ecoboost doesn't get great gas mileage and our litt...
by Fox
Thu Jun 08, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: If I open a new joint account at Vanguard, can both owners access it with their existing logins?
Replies: 9
Views: 1182

Re: If I open a new joint account at Vanguard, can both owners access it with their existing logins?

My wife and I have our own Vanguard accounts that contain our respective Roth/Trad IRA accounts. We have a joint brokerage that is visible under both accounts...so I believe the answer to your question is yes. You should both be able to see and I suspect contribute to the Joint account from either l...
by Fox
Fri May 19, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 51
Views: 23791

Re: Opticians: is there any difference in quality of Costco glasses?

Progressive lenses are like cars....there are many different brands and models of progressive lenses. Some people are happy with lower quality and some people need the higher end models. Generally, the more expensive progressives will perform better (less distortion, wide zones for intermediate/near...
by Fox
Fri May 19, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Life's big ticket items to save for
Replies: 37
Views: 3599

Re: Life's big ticket items to save for

We are 31 years old with a 2.5 year old and 10 month old. Daycare: 20K per year for both kids, will go down steadily but not completely due to summer child care and after school daycare, etc... Pregnancy and delivery via cesarean: only paid a couple thousand due to excellent insurance coverage Both ...
by Fox
Tue May 16, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 613
Views: 93646

Re: High Earners - What's Your Profession?

Spouse and I are both Optometrists (31 yrs old) in a small-medium Midwest city. Annual income is ~200k with both of us working ~35 hours per week, without evenings, weekends, call shifts, or overtime... No large annual bonuses and we could probably double income if we became practice owners, but the...
by Fox
Tue May 16, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: How to stay on a budget?
Replies: 31
Views: 4074

Re: How to stay on a budget?

Our household spending seems way too high, but we also have a lot of mandatory expenses.

I constructed a spreadsheet of all expenses and will analyze what we spent over the last 6 months, and then try to see places to save.

You are already saving a lot, so don't worry about it too much!
by Fox
Mon May 15, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: Disappointed with the Vanguard experience so far
Replies: 11
Views: 2831

Re: Disappointed with the Vanguard experience so far

I've had my accounts at Vanguard for about 3 months. Each time I have needed to call them, I had minimal wait times and the representative was very helpful. It took a few weeks to get all of my bank accounts added and I'm still waiting to move some other brokerage accounts, but those required some p...
by Fox
Fri May 05, 2017 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: I think I got it mostly right: portfolio review
Replies: 3
Views: 409

Re: I think I got it mostly right: portfolio review

I would favor tax-deductible contributions to the 401k and 403b in the 28% bracket. Use the tax savings to raise your contribution levels. Don't worry about having too much in tax-deferred. You can always change course in your 50s if you find you want to have more in taxable. You are very likely to...
by Fox
Fri May 05, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 20849

Re: Why save so much for when you're old?

I don't want to be poor when I'm old and too tired to keep working.

I think the key is to not overwork yourself when you are young.
by Fox
Fri May 05, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: I think I got it mostly right: portfolio review
Replies: 3
Views: 409

I think I got it mostly right: portfolio review

Hello all, I discovered the Bogleheads several months ago and I’m in the process of overhauling and consolidating our finances. I am in the middle of transferring some accounts (proposed allocation is below) and would appreciate any input or suggestions from you all. Emergency Funds: $35k-40k at cre...
by Fox
Thu May 04, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 21855

Re: Buying a luxury car (how dumb would it be to do this?)

I would not enjoy the new luxury ride getting scuffed, scraped and stained by kids, their friends and sports equipment.

I'm waiting until my kids are in middle/high school (10 years from now) to get a nicer car!
by Fox
Mon May 01, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 38
Views: 4232

Re: Best vacuum cleaner for pet hair?

We have a dog and cat. We have a combination of linoleum, laminate and a couple rooms of carpet on the first floor. Our Roomba 650 is one of our favorite household items. It REALLY cuts down on how much builds up, and we use it in bedrooms to collect all the hair and dust that builds up under beds. ...
by Fox
Fri Apr 28, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Another moving out of Edward Jones story, advice needed
Replies: 6
Views: 940

Re: Another moving out of Edward Jones story, advice needed

I'm a newbie here, but I'm in a similar situation and am in the process of moving our Roth IRAs and a small brokerage account out of EJ into Vanguard. 1. I agree with transfering cash vs in-kind transfer. FYI: I think there is a $95 fee to close each account at EJ 2. We are moving our brokerage acco...
by Fox
Fri Apr 21, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: How to optimize savings for major purchases
Replies: 6
Views: 818

Re: How to optimize savings for major purchases

Would you be able to utilize a high interest checking account through a credit union? We have two checking accounts that have 3% interest on balances up to $15,000 if you meet the typical usage minimums, which vary per bank/credit union. We use these accounts for small purchases and credit card for ...
by Fox
Tue Apr 11, 2017 11:54 am
Forum: Personal Consumer Issues
Topic: Honda Pilot good 1st vehicle for teen?
Replies: 46
Views: 3339

Re: Honda Pilot good 1st vehicle for teen?

I also think less seats is better! They won't be asked to drive as often since there is less room, and there will be less people in the car for distractions. I would probably look for a low-ish mileage ~2005 Buick Lesabre if any of my kids was in need today. Comfy ride, not fast, fairly good MPG, ad...
by Fox
Thu Apr 06, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: We have a lot going on .... Input Requested.
Replies: 62
Views: 7675

Re: We have a lot going on .... Input Requested.

For your #1 question: We left our financial advisor earlier this year, since I discovered the BH way last year. Our advisor was in the middle of working with me to restructure what funds we were using in our Roth and 529 accounts. Because I'm a nice, respectful, small-town person, I sent him a polit...
by Fox
Tue Apr 04, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Early retirees - how did you inform your loved ones and friends?
Replies: 54
Views: 6406

Re: Early retirees - how did you inform your loved ones and friends?

My retirement is planned to be 34 years away, but, an extended, distant, exotic vacation sounds like the best way to kick off retirement to me. I could do without the attention of a work party...depending on the cake flavor...
by Fox
Tue Mar 28, 2017 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Boston apartment hunting advice/can I afford a studio?
Replies: 48
Views: 4245

Re: Boston apartment hunting advice/can I afford a studio?

I lived in Boston from 2011-2012. We had a one bedroom apt in Allston (near Boston University) that we rented for $1400/month. We found a parking spot 3 blocks away that we got for $150/month. Our jobs required a car, but most days we took buses to work. We used the B line to get downtown and to Bac...
by Fox
Mon Mar 27, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Our technology is old...advice on upgrading...
Replies: 62
Views: 5126

Re: Our technology is old...advice on upgrading...

I like gadgets but I'm frugal... I often read reviews, learn about technology and dream about this or that, then keep going with my old stuff! My wife still uses her iPhone 4 but has mentioned wanting an upgrade to get a better camera. I use an LG G4 which I upgraded to 1.5 years ago since I managed...
by Fox
Tue Mar 21, 2017 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Gross Yearly Income needed in Retirement (Speculation)
Replies: 194
Views: 23233

Re: Gross Yearly Income needed in Retirement (Speculation)

We are 30+ years from retirement, but I'd like to have a target income of at least $100k-$120k for retirement. That doesn't include any SS or inheritance (if any). We want to be able to travel frequently, own a couple small properties, help support kids and grandkids, donate to charity/church, etc (...
by Fox
Thu Feb 16, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Add new bank to vanguard account
Replies: 17
Views: 10424

Re: Add new bank to vanguard account

I am happy to hear others have the same question. I opened my account a couple weeks ago and they are still verifying the bank information. I have two more checking accounts to add, so it will be a 6+ process. Fortunately, I am not in a hurry.
by Fox
Fri Jan 13, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar-Cost-Average over HOW MANY years?
Replies: 61
Views: 4874

Re: Dollar-Cost-Average over HOW MANY years?

What will you do with the cash if the Dow hits 21,000 this year? Keep waiting?
by Fox
Fri Jan 13, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Logistics and Account Transfer questions!
Replies: 1
Views: 179

Roth Logistics and Account Transfer questions!

Hi all, Since discovering this site a few months ago and feeling enlightened, I’m planning to move our Roth IRAs and 529s out of the current advised situation (Edward Jones) that I was married into about 5 years ago. I am wondering how Roth contributions and backdoor conversions are going to happen ...
by Fox
Tue Jan 10, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: [403(b) Fidelity or TIAA Cref allocation, and do I want one?]
Replies: 137
Views: 6065

Re: EJ not [costing me as much as] others?

We have our Roth IRAs and two 529 accounts at EJ. We were given some money in a custodial Roth from my wife's parents when we got married, so we opened the 2nd Roth and stuck at EJ for the past 5 years. I discovered Bogleheads a few months ago and have been re-evaluating everything and preparing to ...
by Fox
Wed Dec 21, 2016 11:38 am
Forum: Investing - Theory, News & General
Topic: Some novice questions
Replies: 6
Views: 791

Re: Some novice questions

Thanks for the information, even without me giving any specific personal stuff (longer post in process).
by Fox
Tue Dec 20, 2016 9:53 pm
Forum: Investing - Theory, News & General
Topic: Some novice questions
Replies: 6
Views: 791

Re: Some novice questions

since the smarter people havent responded, my humble opinions: Thanks for your input so far. 1. the mechanics of doing a roth conversion on vanguard's website are very easy. individual issues may complicate this, but you have not provided any individual information. i think putting money in a MM ac...
by Fox
Tue Dec 20, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: Some novice questions
Replies: 6
Views: 791

Some novice questions

My wife and I are settling into our early careers and I'm starting to take more control over our investments. I have been browsing the Boglehead community for a few months and doing a lot of the suggested readings. I’m currently working on a longer post but have a few novice questions first. 1. If I...