Search found 1501 matches

by CyclingDuo
Tue Jul 17, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Pension Valuation
Replies: 3
Views: 424

Re: Pension Valuation

I had a pension evaluated and it would pay $980 a month in 25 years. The present value of the pension was $37K. Does that seem right? If somebody told me that I can give them $37K now and get $980 a month in 25 years for as long as I live, My gut tells me that I should jump on it. The $37K value is...
by CyclingDuo
Mon Jul 16, 2018 10:26 am
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 91
Views: 10601

Re: Saving 20% of paycheck isn't enough

Good Morning. After having been in deep thought last night after reviewing my finances, doing a couple math of checks and determining what percent of my paycheck I save, it now appears blatant to me that the average advice of "save 10% - 20% of your paycheck and live with the rest" is not quite suf...
by CyclingDuo
Mon Jul 16, 2018 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?
Replies: 45
Views: 1972

Re: Does it make sense to change 3 fund portfolio into 2 fund portfolio by switching VTI and VXUS with VT?

Thoughts? You are suffering from a very serious case of overthink. Your asset allocation is fine where it is in the Three Fund Portfolio. The most important part of the investing success equation for you now is going to be your savings rate. That's what we would suggest you worry about the most fro...
by CyclingDuo
Sun Jul 15, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: want to improve returns by 1%/year on a portfolio
Replies: 6
Views: 766

Re: want to improve returns by 1%/year on a portfolio

Hello could you kindly offer a quick check on a sister in law's portfolio? the total amounts have been altered, but the math works out the same Besides tax efficient fund placement, what else can she do? Goal is retire in 7 yrars, needs 4% return to do that, but would like to get to 5% Goal: 1.4 M ...
by CyclingDuo
Sun Jul 15, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Major purchases - now or later?
Replies: 13
Views: 1429

Re: Major purchases - now or later?

We need to make several major purchases, and I am wavering about whether to just do it all at once, or try to string it out over the next few years. We are retired and living off savings, so coming up with the cash is not an issue. One way or another, sooner or later we will end up spending $60,000...
by CyclingDuo
Sun Jul 15, 2018 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Need to generate income
Replies: 27
Views: 2412

Re: Need to generate income

The disability I’m on is from social security. I’m not trying to generate 12000 a year in income that was just an example. But I’d like to try and get as much as I can per month while still having some growth involved. I won’t consider an annuity because then that money is gone forever. I thought I...
by CyclingDuo
Sun Jul 15, 2018 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?
Replies: 45
Views: 1972

Re: Should I simplify my portfolio and switch from 3 fund to 2 fund portfolio?

So right now I have about 60% VTI (US stock index) 30% VXUS (non-US stock index) 10% BND (US bond index) I'm thinking maybe I could make my stock portfolio even more simple and get rid of 30% VXUS and switch it to 90% VTI and 10% BND. Why? Because American companies still have their income coming f...
by CyclingDuo
Sat Jul 14, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Is expensive olive oil worth it?
Replies: 58
Views: 5138

Re: Is expensive olive oil worth it?

Olive oil is our staple oil. We use extra virgin for marinades and dressings, and plain/pure for sautes. We rarely use other oils. Sometimes canola oil when we think the flavor of olive oil will clash with other flavors, and sometimes peanut and sesame oils for Asian dishes. When it's time to buy o...
by CyclingDuo
Fri Jul 13, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Old Drip Accounts - Worth Moving to Consolidate?
Replies: 9
Views: 598

Re: Old Drip Accounts - Worth Moving to Consolidate?

I have a few old direct investment plan stocks (Pfizer, GE, F, HOG, XOM, JNJ, Charles Schwab, PayX, Pepsi), less than $10k total, that I haven't done anything with in many years. I am concerned about having small accounts all over the place if something was to happen to me. I don't currently have a...
by CyclingDuo
Fri Jul 13, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: Siegel and the business cycles
Replies: 5
Views: 410

Re: Siegel and the business cycles

Given that currently there is concern by some that the US equity market may be at the end of a run, this article, which expands on the ideas of Jeremy Siegel on the subject, may be of interest, see below. https://www.advisorperspectives.com/articles/2018/07/10/looking-back-at-jeremy-siegel-on-the-b...
by CyclingDuo
Fri Jul 13, 2018 5:32 am
Forum: Personal Finance (Not Investing)
Topic: Max out TSP, 457, AND 403b
Replies: 30
Views: 3168

Re: Max out TSP, 457, AND 403b

That said, with our combined state+federal rate at about 32% is there an argument to do 3 x $18.5 in tax deffered? Do you have enough salary leftover after your $120K expenses, 2 x $18.5, plus Roth IRA's to do it before the raise next year without taking out a loan on your TSP? Are there low-cost f...
by CyclingDuo
Thu Jul 12, 2018 3:09 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2202
Views: 1368679

Re: The Three-Fund Portfolio

I was disappointed it did not have a comprehensive historic return grid for a Vanguard 3 fund portfolio at 10%, 20%, & 30% stock/bond split for Vanguard shares. SWBoarder: I do not like using past returns because past performance does not forecast future performance. Nevertheless, you can see past ...
by CyclingDuo
Thu Jul 12, 2018 2:56 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4527

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

munemaker wrote:
Thu Jul 12, 2018 10:57 am
If you polled the people who actually have $5 million, I bet they would say $10 million.
At which point we cue the Bob Marley music, or post up a famous quote...

Image
by CyclingDuo
Thu Jul 12, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4527

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

Curious what others take on this is, did it surprise you or in line with what you thought? Nothing too terribly surprising. Respondents to the survey totaled only 892. That's a rather small sampling size. According to this article.... https://dqydj.com/how-many-millionaires-decamillionaires-america...
by CyclingDuo
Thu Jul 12, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation for High Net Worth (>$3M) Individuals
Replies: 26
Views: 4527

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

Curious what others take on this is, did it surprise you or in line with what you thought? Nothing too terribly surprising. Respondents to the survey totaled only 892. That's a rather small sampling size. According to this article.... https://dqydj.com/how-many-millionaires-decamillionaires-america...
by CyclingDuo
Thu Jul 12, 2018 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA slowly funneled into Roth IRA
Replies: 9
Views: 789

Re: Inherited IRA slowly funneled into Roth IRA

Hi, quick question that popped into my mind, I inherited an IRA in Dec. 2015, I have taken my RMD's since in March and take possession of them in my personal bank account then send them towards my Roth IRA at Vanguard, I choose the stretch option for the inherited IRA , I'm 42, my wife is 43 we bot...
by CyclingDuo
Wed Jul 11, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend stocks vs. dividend ETFs
Replies: 9
Views: 648

Re: Dividend stocks vs. dividend ETFs

My wife and I just retired (63/64) and we have about $250,000 to invest in dividend stocks. What are people's thoughts about investing in individual dividend stocks vs. dividend ETFs? I am considering buying Vanguard VIG and VYM ETFs but the yields are only about 2% and 3% respectively. I could pro...
by CyclingDuo
Wed Jul 11, 2018 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Must I submit a revised tax return?
Replies: 23
Views: 1715

Re: Must I submit a revised tax return?

I am hoping that someone here can give me advice. In early April I received a phone call from Fidelity, which is the administrator of the retirement accounts for my non-profit employer. The Fidelity rep told me that the amounts listed on my 1099-R for my after-tax account were incorrect and that I ...
by CyclingDuo
Wed Jul 11, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 403b rmd question
Replies: 14
Views: 663

Re: Roth 403b rmd question

Digger1000 wrote:
Wed Jul 11, 2018 1:39 pm
Does a Roth 403b have rmd at age 70.5? I know Roth IRA does not but Roth 401k does.

Thanx for any help.
Yes. A Roth 401k/403b both have RMD's. They are treated the same.
by CyclingDuo
Wed Jul 11, 2018 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy house in Bay Area?
Replies: 17
Views: 2331

Re: Can we afford to buy house in Bay Area?

In a previous post you mentioned that you "need" to move to a bigger house than your current house. In the type of market you are in, I would really rethink that and learn to live in a small space - even with small children (people throughout the world do this with no troubles day in and day out). ...
by CyclingDuo
Tue Jul 10, 2018 5:59 pm
Forum: Investing - Theory, News & General
Topic: Six stocks make up 98% of S&P 500 gains in 2018
Replies: 76
Views: 9760

Re: Six stocks make up 98% of S&P 500 gains in 2018

https://www.cnbc.com/2018/07/10/amazon-netflix-and-microsoft-hold-most-of-the-markets-gain-in-2018.html Amazon Netflix Microsoft Apple Facebook Alphabet My thoughts are 1. Weak breadth can signify a market correction or worse 2. A declining cumulative A/D line likewise, but I don't know how to find...
by CyclingDuo
Tue Jul 10, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: 28/F looking for some financial advice
Replies: 16
Views: 1463

Re: 28/F looking for some financial advice

Hi folks, I’m looking for some feedback on my financial health. Salary: $137,200 Total debt: $10,800 (Student loans) around 5.5% Liquid savings/emergency fund: $44,000 Vanguard brokerage: VGTSX (Total International Stock Fund): $7,000 VTSAX(Total Stock Market Admiral): $27,800 VOO (Vanguard 500 Ind...
by CyclingDuo
Tue Jul 10, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Dow 40000 prediction for 2025
Replies: 44
Views: 3832

Re: Dow 40000 prediction for 2025

https://www.cnbc.com/amp/2018/07/03/heres-why-the-dow-will-hit-40000-by-2025.html The author presents some reasonable sounding assumptions, but 2025 is a long ways away. Should anybody make any investment decisions based on such long range predictions ? At least they got it right that the current b...
by CyclingDuo
Tue Jul 10, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 3493

Re: Do you count pension contributions as a portion of your overall retirement contributions.

That is correct CyclingDuo. That is exactly what I am asking/thinking. The logically fallacy (in my thinking) is this: If one counts contributions to a pension as a part of your total contribution to retirement, then you should also count your contribution to Social Securtiy as contribution. So as ...
by CyclingDuo
Tue Jul 10, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 3493

Re: Do you count pension contributions as a portion of your overall retirement contributions.

I've seen this question somewhere on the forum but can't dig it up. When contributing to a pension should you include that amount as part of your overall contribution amount? If so what part of the breakdown below? If you contribute 5% to a pension and your workplace contributes 5% and you contribu...
by CyclingDuo
Tue Jul 10, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 3493

Re: Do you count pension contributions as a portion of your overall retirement contributions.

@Cody, what does it mean to you to "count" or "not count" pension contributions? Do you have some $$ or %% figure in mind that you need to be contributing, and counting or not counting these contributions makes the difference between hitting and not hitting those numbers? If the contributions vest ...
by CyclingDuo
Mon Jul 09, 2018 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: New and looking for help simplifying portfolio for FIRE(?)
Replies: 25
Views: 1831

Re: New and looking for help simplifying portfolio for FIRE(?)

CyclingDuo, thanks for reading my massive post and giving your advice! No problems. Let me just say that your current savings rate of $39K is to be commended. You and your wife are well on your way to financial independence. I wouldn't lose sleep over the current complexity of your portfolio, nor t...
by CyclingDuo
Mon Jul 09, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to buy house in Bay Area?
Replies: 17
Views: 2331

Re: Can we afford to buy house in Bay Area?

Facing a difficult financial decision. We live in Bay Area and want to buy a house. Current situation: - Salary + Bonus: 210K - RSU: 300K a year - 401k: ~100K total, maxing out every year - Current house equity: ~400K (assuming I sell it today and exclude all closing costs) - Cash: 250K in money ma...
by CyclingDuo
Mon Jul 09, 2018 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 3493

Re: Do you count pension contributions as a portion of your overall retirement contributions.

I've seen this question somewhere on the forum but can't dig it up. When contributing to a pension should you include that amount as part of your overall contribution amount? If so what part of the breakdown below? If you contribute 5% to a pension and your workplace contributes 5% and you contribu...
by CyclingDuo
Mon Jul 09, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: New and looking for help simplifying portfolio for FIRE(?)
Replies: 25
Views: 1831

Re: New and looking for help simplifying portfolio for FIRE(?)

A quick suggestion would be to pick up a copy of Taylor Larimore's recently released Guide to the Three Fund Portfolio (eBook version is fine). It's a quick read and will - along with this website - help guide you to a much simpler, easier portfolio. The link is above if you click on Amazon, but it ...
by CyclingDuo
Fri Jul 06, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 3493

Re: Do you count pension contributions as a portion of your overall retirement contributions.

When contributing to a pension should you include that amount as part of your overall contribution amount? Yes. If so what part of the breakdown below? If you contribute 5% to a pension and your workplace contributes 5% and you contribute 5% above that to and IRA does that equal a 15% contribution?...
by CyclingDuo
Thu Jul 05, 2018 9:50 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18641

Re: The Power of Working Longer

I understand what you are saying. But, my point is with age, you could no longer perform and enjoy some stuff. Some of those things are irreversible. KlangFool Yup. Now I know why my golf coach in high school kept emphasizing the need for all of us to practice our mid-irons and long-irons. It's bec...
by CyclingDuo
Thu Jul 05, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley Wealth Management Thoughts
Replies: 27
Views: 2119

Re: Morgan Stanley Wealth Management Thoughts

What is your specific question(s)? Is it about selling the J&J shares? About the rest of your portfolio? Moving to Wealth Management or other options? What fees are you paying now? My question is where can I invest money with 3% + return which is low risk and begin to sell off my J&J position. I'll...
by CyclingDuo
Wed Jul 04, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: How much to save? - Student Loan Interaction w/ Taxes and 401k
Replies: 3
Views: 454

Re: How much to save? - Student Loan Interaction w/ Taxes and 401k

We see nothing wrong of using the strategy for your girlfriend of lowering her AGI to take advantage of what is available. Current Financial Goals: - Save up $200,000 for down payment on a house (so we COULD put down 20% on up to a $1,000,000 home....I know this may be shooting a bit high given our ...
by CyclingDuo
Wed Jul 04, 2018 7:45 am
Forum: Investing - Help with Personal Investments
Topic: 403b Retirement
Replies: 12
Views: 871

Re: 403b Retirement

Hi all, my sister is a teacher who has her 403b with AXA Equitable. They are charging nearly a 1.9% commission upfront, which IMO is nearly theft. Unfortunately, the theft you mention occurs far too often with plans offered to educators throughout this country. Does your sister also have a defined ...
by CyclingDuo
Tue Jul 03, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18641

Re: The Power of Working Longer

Yes, we travel quite a lot, though it's been reduced the last couple of years with the birth of our daughter. She's traveled with us a lot already though (e.g. 4k mile road trip through CA and OR, week in HI, going to Disney World for the second time next year), and in a couple more years, we'll do...
by CyclingDuo
Tue Jul 03, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 185
Views: 18641

Re: The Power of Working Longer

It looks like my father will finally call it quits from work just before turning 70. He's still healthy, but my father-in-law was very energetic and appeared healthy when he was diagnosed with kidney cancer at age 62. By 65, he was gone. For me, I want to take full advantage of the time that I'm gi...
by CyclingDuo
Mon Jul 02, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 4542

Re: bike helmets

I've seen people unable to unclip from their pedals quick enough at a stoplight/stop sign and fall over sideways while going 0 mph and whack their head no matter how experienced they are with their pedal system. Dang, that must be a janky system! Even after becoming extremely familiar, you know peo...
by CyclingDuo
Mon Jul 02, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Variable Annuity Option(s)
Replies: 14
Views: 1080

Re: Variable Annuity Option(s)

Thank you for your replies David Jay & Iridium. For clarification (if possible); what fees, expenses, and costs would exist if I were to hold both variable annuities under they were outside of their surrender periods and then move them to Vanguard? And, once at Vanguard the current mutual funds wou...
by CyclingDuo
Mon Jul 02, 2018 12:14 pm
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 4542

Re: bike helmets

Or is it that bicycling by adults has, in this country, come be seen as an almost exclusively "sports" activity, with the all the heightened relative risk that that involves? That the "racer-fication" of bicycling has made people forget that, sometimes, people like to just hop on a bike in their no...
by CyclingDuo
Mon Jul 02, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 187
Views: 29241

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Retailer, Sale Price (List Price) Google Play $9.99 ($11.99) Amazon $17.61 ($24.95) Wiley $11.99 ($11.99) Kobo $11.99 ($11.99) Barnes and Noble $14.49 ($24.95) I picked it up on iBooks for $11.99 if anyone uses a Mac and iBooks. :beer Kudos to Taylor for his work on the project! It was an excellent...
by CyclingDuo
Mon Jul 02, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: bike helmets
Replies: 82
Views: 4542

Re: bike helmets

Hello cyclists, I’ve read one should replace bike helmets after any significant impact, or after a certain number of years have passed (much like a car seat). My helmet has a 2002 sticker on it and was purchased in 2004. Would you agree I should replace? I ride very casually and very rarely, so I d...
by CyclingDuo
Mon Jul 02, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5279

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

I am not a regular Airbnb user but year or two back I dont' recall all these 'fees' roughly increasing the cost of a stay by often nearly 30-50% in some cases. Is this anyone elses experience? Its to the point where its cheaper to get a hotel room and not deal with the hassle. https://s15.postimg.c...
by CyclingDuo
Mon Jul 02, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off Debt or Max Out 401k?
Replies: 17
Views: 1479

Re: Pay Off Debt or Max Out 401k?

With that much debt, I’d limit the 401(k) contribution to enough to get the employer match and use the rest for debt repayment. ^^What delamer said. I have $29k on 0% interest CCs, however, will have to do a balance transfer in December 2018 on whatever I do not pay off. I plan on still having abou...
by CyclingDuo
Sun Jul 01, 2018 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Debt or Max Out 401k?
Replies: 17
Views: 1479

Re: Pay Off Debt or Max Out 401k?

Absolutely! Do you know what the interest rate jumps to come January for the debt? I can do another balance transfer at 0% and the cost is 3% fee. I calculated this would be around $300 in January and give me another 12-18 months depending on terms. Not horrible - at least compared to paying a doub...
by CyclingDuo
Sun Jul 01, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Debt or Max Out 401k?
Replies: 17
Views: 1479

Re: Pay Off Debt or Max Out 401k?

Should I pay off debt or continue to max out my 401k? I have $29k on 0% interest CCs, however, will have to do a balance transfer in December 2018 on whatever I do not pay off. I plan on still having about $10-12k to go by then. Would you stop contributing to 401k to pay off this debt sooner? I am ...
by CyclingDuo
Sun Jul 01, 2018 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off Debt or Max Out 401k?
Replies: 17
Views: 1479

Re: Pay Off Debt or Max Out 401k?

Should I pay off debt or continue to max out my 401k? I have $29k on 0% interest CCs, however, will have to do a balance transfer in December 2018 on whatever I do not pay off. I plan on still having about $10-12k to go by then. Would you stop contributing to 401k to pay off this debt sooner? I am ...
by CyclingDuo
Sun Jul 01, 2018 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: Question on "If You Can, How Millenials Can Get Rich Slowly"
Replies: 30
Views: 3670

Re: Question on "If You Can, How Millenials Can Get Rich Slowly"

Hello all! I've recently embarked on learning about investing and trying to develop some financial literacy. I'm 18 years old and focusing right now on saving for college but I'm trying to learn about investing so I can be prepared for the future. I just finished reading the "If You Can, How Millen...
by CyclingDuo
Sun Jul 01, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Why is warren buffet okay with no owning any bonds?
Replies: 48
Views: 4557

Re: Why is warren buffet okay with no owning any bonds?

Warren buffet calls bonds a very dangerous investments and does not own any bonds. How is he okay with not owning any bonds at his age? Can we own 100% stocks at later years of our lives? How is he okay with not owning any bonds at his age? Let's see.... Warren is 87 years olds working full time as...