Search found 2383 matches

by CyclingDuo
Sat Aug 17, 2019 5:26 am
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 61
Views: 3277

Re: Brown Bag Lunch Ideas

TomatoTomahto wrote:
Fri Aug 16, 2019 8:32 am
^ good employer! :D
Thanks for the reminder. Ice cold water today was enjoyed with my PB&J...

Image
by CyclingDuo
Fri Aug 16, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 61
Views: 3277

Re: Brown Bag Lunch Ideas

In addition, I usually buy a bottle of water at work for $1 to $1.50. Save money and be green by bringing a HydroFlask (or similar) of cold water. Good idea. Some days I actually do bring a water bottle with me and refill it throughout the day. I just need to be more disciplined about bringing it w...
by CyclingDuo
Fri Aug 16, 2019 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Refinance car as layer of emergency funding?
Replies: 33
Views: 1907

Re: Refinance car as layer of emergency funding?

Anyone do this? My dedicated emergency fund is a bit low by conventional advice, but it will be building up over the next year according to projections. I'm vigilant about projecting out backup plans, and I'm wondering if cash out refinancing my car might be an option, especially if rates go lower....
by CyclingDuo
Fri Aug 16, 2019 6:36 am
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 61
Views: 3277

Re: Brown Bag Lunch Ideas

In addition, I usually buy a bottle of water at work for $1 to $1.50. Save money and be green by bringing a HydroFlask (or similar) of cold water. Good idea. Some days I actually do bring a water bottle with me and refill it throughout the day. I just need to be more disciplined about bringing it w...
by CyclingDuo
Thu Aug 15, 2019 5:10 pm
Forum: Personal Consumer Issues
Topic: Brown Bag Lunch Ideas
Replies: 61
Views: 3277

Re: Brown Bag Lunch Ideas

Hello, After reading with great interest the "Breakfast Menu After Retirement" thread (link below), I wonder if the folks in this forum have any "brown bag" lunch ideas? I've been eating either deli turkey sandwiches or chicken salad sandwiches for well over 20+ years of my career. I don't feel eit...
by CyclingDuo
Thu Aug 15, 2019 8:10 am
Forum: Personal Investments
Topic: Three fund portfolio
Replies: 13
Views: 1461

Re: Three fund portfolio

Hi, I have been a passive reader of this great forum. My partner and I are new to investing outside of work 401k and looking for advise. We are both 40 yrs old and live in VHCOL area. We have finally managed to save $100k and looking into investing in a taxable account. This will be a long term inv...
by CyclingDuo
Thu Aug 15, 2019 7:00 am
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 59
Views: 7845

Re: Confused, bummed, and concerned

Hi all and thanks for reading, Since getting my undergrad degree and subsequent first job 2 years ago, I immediately delved into the topic of personal finance to better understand investing/not blowing my paycheck every other week and letting my lifestyle increase. (Doing a good job of this overall...
by CyclingDuo
Thu Aug 15, 2019 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Moving for better public schools?
Replies: 50
Views: 3143

Re: Moving for better public schools?

My wife and I are 45 with two children, 11 and 8. We both work outside the home as attorneys, and our current mortgage is scheduled to be paid off in 12 years. My income is higher as my wife is self employed so as to have greater flexibility with the kids. The mortgage amount is reasonable in that ...
by CyclingDuo
Wed Aug 14, 2019 8:13 pm
Forum: Personal Investments
Topic: Continue contributing to 401k or pay off debts
Replies: 14
Views: 910

Re: Continue contributing to 401k or pay off debts

Why delay asking this question until after buying a $500k house and signing up for a 520 dollar car payment? I would have dropped the 100k house downpayment, and 520 car payment on top of the student loan payment, continued to live like a college student for 1 year and cleaned the slate to start yo...
by CyclingDuo
Wed Aug 14, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 404
Views: 53122

Re: Losing a job in your 50's...

• Found out when my final paycheck was and had HR immediately switch my 403b contributions so I could hit the max plus catch ups for the over age 50 crowd for the year before the final check. I knew it could be, and most likely was my last chance to do this, so wanted to take advantage of it with t...
by CyclingDuo
Wed Aug 14, 2019 8:42 am
Forum: Personal Investments
Topic: Mothers old 403(b)s
Replies: 11
Views: 469

Re: Mothers old 403(b)s

I was asked to help my mom with consolidating her accounts from two pretax 403(b)s and one traditional IRA. My mom is 55, isnt working currently and is receiving disability income. The 403(b) total about 45000 and the tira is about 55k. Would it make the most financial sense to rollover all 3 accou...
by CyclingDuo
Wed Aug 14, 2019 8:32 am
Forum: Personal Investments
Topic: Continue contributing to 401k or pay off debts
Replies: 14
Views: 910

Re: Continue contributing to 401k or pay off debts

Hi bogleheads first time posting here, just curious if I could get some help/insight on my wife and I financial situation. I’ve been in the workforce 2 years, and her for a little less than a year after graduating with professional degrees. I do not have any student loans and I'm capped at 7% to co...
by CyclingDuo
Tue Aug 13, 2019 4:59 pm
Forum: Personal Investments
Topic: Laid off - 59yo - advice please
Replies: 44
Views: 6665

Re: Laid off - 59yo - advice please

I would appreciate any input with regard to my situation. I'm 59 and was laid off in March. I work in a field that favors 20 year olds... so job search is not looking good. Not sure I'll be able to get one; I'll hopefully be able to bring in $10k - 15k annually doing freelance work. I had been plan...
by CyclingDuo
Tue Aug 13, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 9824

Re: Apple Card

I recall one specific Apple fanboi posting on this board that he'd gladly pay 100x the current cost of an Iphone because it brings that much value to his life when compared to an Android device. One of the more interesting statements I've ever read on the internet. I have had both and prefer Apple ...
by CyclingDuo
Tue Aug 13, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 9824

Re: Apple Card

I'm anxiously waiting for a few of the board Appleheads to say the Apple Card is life-changing. Any credit card can be a life-changing event in terms of leading to a "I need to call Dave Ramsey" sort of way to sort out my debt... :twisted: :sharebeer I recall one specific Apple fanboi posting on th...
by CyclingDuo
Tue Aug 13, 2019 9:34 am
Forum: Personal Investments
Topic: Any reason not to max out three plans?
Replies: 46
Views: 3009

Re: Any reason not to max out three plans?

We also found it difficult in our 40's to predict what expenses would even look like in our 50's, 60's and beyond for retirement. It's not really until the kids are out of the house and out of college working on their own that you settle into your known newly adjusted household cashflow. Example, w...
by CyclingDuo
Tue Aug 13, 2019 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 9824

Re: Apple Card

According to this BuzzFeed article , there is no provision for paying off the card on the web: The new Apple Card credit card has an iOS-only app to see transactions and make payments, which means if you lose your Apple device, you won’t be able to pay your bill online. For me, this is a showstoppe...
by CyclingDuo
Tue Aug 13, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 9824

Re: Apple Card

stoptothink wrote:
Tue Aug 13, 2019 9:01 am
I'm anxiously waiting for a few of the board Appleheads to say the Apple Card is life-changing.
Any credit card can be a life-changing event in terms of leading to a "I need to call Dave Ramsey" sort of way to sort out my debt... :twisted:

:sharebeer
by CyclingDuo
Tue Aug 13, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 9824

Re: Apple Card

When does the card launch? Broken Man 1999 Started this month, but you'll be out of luck as you have to have an iPhone. True. But I have a little bit of Apple stock, so I'm interested. Not interested enough to actually buy an Apple phone. Broken Man 1999 No worries about your chosen platform. It's ...
by CyclingDuo
Tue Aug 13, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 115
Views: 9824

Re: Apple Card

Broken Man 1999 wrote:
Mon Aug 12, 2019 1:41 pm
When does the card launch?
Broken Man 1999
Started this month, but you'll be out of luck as you have to have an iPhone.
by CyclingDuo
Tue Aug 13, 2019 8:11 am
Forum: Personal Investments
Topic: Any reason not to max out three plans?
Replies: 46
Views: 3009

Re: Any reason not to max out three plans?

- I’m finding it hard to forecast what our expenses will be that far out, primarily because (a) children will be entering college around the same time we hit our early retirement target, and (b) we will likely purchase a house between now and then. We intend to fully fund in-state public university...
by CyclingDuo
Mon Aug 12, 2019 12:42 pm
Forum: Personal Investments
Topic: Help! How do I calculate my contributions with end of year employers contributions?
Replies: 7
Views: 260

Re: Help! How do I calculate my contributions with end of year employers contributions?

This might be really easy math, but for some reason I'm not sure if I'm doing it correctly. I'm currently 34 years old. Current 401K balance is 28K. I contribute 4% to my 401K with current salary of around 93K. My company matches 50% up to 4%. So, I contribute $143 per paycheck and my company chips...
by CyclingDuo
Mon Aug 12, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Is it time to let this phone go?
Replies: 12
Views: 1713

Re: Is it time to let this phone go?

I use an Iphone 5S as a backup phone. Yesterday, I actually needed a backup phone for the first time in a while, and it failed. It keeps restarting, and I never get to the main screen. The only time it stays on and gets to the main screen and acts normally is when it is connected directly to a powe...
by CyclingDuo
Mon Aug 12, 2019 11:48 am
Forum: Personal Investments
Topic: Any reason not to max out three plans?
Replies: 46
Views: 3009

Re: Any reason not to max out three plans?

Hello from a longtime lurker! My spouse’s employer (public university) offers a 403(b) plan and a 457 plan. My employer offers a 457 plan. We are currently maxing out my 457 and spouse’s 403(b). I just received a significant and unexpected raise, which would allow us to max out spouse’s 457, bringi...
by CyclingDuo
Mon Aug 12, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: Why do dividends still exist?
Replies: 159
Views: 7897

Re: Why do dividends still exist?

Capital gains are more tax efficient than dividends in the US. Presumably, that is why Berkshire Hathaway doesn’t generate dividends. So, why do any US companies still provide shareholders with dividends? Is it some sort of tax-inefficient budgeting tool for investors? EDIT: I guess my follow up qu...
by CyclingDuo
Mon Aug 12, 2019 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Buying a car, does it make sense to use 401k loan instead of an auto loan?
Replies: 37
Views: 2515

Re: Buying a car, does it make sense to use 401k loan instead of an auto loan?

One of my cars is on it's last leg so I will be buying a new vehicle soon and am contemplating using a 401k loan instead of an auto loan. The amount I need to finance is about $25k. I have enough cash to buy it outright but I will also probably be buying a new house in the next year so I don't want...
by CyclingDuo
Sun Aug 11, 2019 9:13 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17873

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

Sure, but if investors believed it was a genuine change in dividend policy, for instance if the announcement came instead from Buffet's successor, and not a one-off event then the stock price would go up. In that case investors would be putting a low (and in my opinion, justified) view on the value...
by CyclingDuo
Sat Aug 10, 2019 9:11 am
Forum: Personal Investments
Topic: Human capital and asset allocation?
Replies: 28
Views: 961

Re: Human capital and asset allocation?

Do you consider your human capital when deciding the asset allocation of your investment portfolio? This Kitces blog post is a useful introduction. https://www.kitces.com/blog/allocating-a-portfolio-in-the-context-of-human-capital-and-the-rest-of-a-households-total-balance-sheet/ I find this diffic...
by CyclingDuo
Fri Aug 09, 2019 10:51 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17873

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

Yes I know a simple 60/40 portfolio will more than likely work. It's actually what I do. If you have a 60/40 portfolio and live on a 3% withdrawal, a crash in stock prices doesn’t matter (any more than it does with a dividend strategy- either way your net worth takes a hit). You have 13+ years of b...
by CyclingDuo
Tue Aug 06, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17873

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

Yes I know a simple 60/40 portfolio will more than likely work. It's actually what I do. I'm just curious about the dividend approach, what are the specific pros can cons. There are no pros to dividends. Only cons. Dividends are widely misunderstood by basic investors. I'm gonna simplify this as mu...
by CyclingDuo
Tue Aug 06, 2019 11:51 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17873

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

CyclingDuo makes a convincing argument as to why dividend investing for stable income and capital appreciation is effective. Yet people here continue to fight this. All I can say is that this is a successful strategy employed by people with a lot of money. I am somewhat agnostic about it all. To be...
by CyclingDuo
Tue Aug 06, 2019 10:22 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17873

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

I was having a discussion with my friend. He says: if you live off dividends, a crash in stock prices doesn't matter. This seems like an odd claim to me but I know very little of the topic. Is my friend right? How do dividends act in recessions and bear markets? The 2008-2009 S&P Dividend cut was h...
by CyclingDuo
Tue Aug 06, 2019 9:14 am
Forum: Investing - Theory, News & General
Topic: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"
Replies: 247
Views: 17873

Re: Is this right? "if you live off dividends, a crash in stocks prices doesn't matter"

I was having a discussion with my friend. He says: if you live off dividends, a crash in stock prices doesn't matter. This seems like an odd claim to me but I know very little of the topic. Is my friend right? How do dividends act in recessions and bear markets? https://live.staticflickr.com/7847/4...
by CyclingDuo
Tue Aug 06, 2019 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage @ 2.67 % from Total Stock Market Index ?
Replies: 32
Views: 2600

Re: Payoff Mortgage @ 2.67 % from Total Stock Market Index ?

Payoff Mortgage @ 2.67 % from Total Stock Market Index ? Really need some advice on the questions : 1. Should we pay off the < $100K mortgage which is at 2.67% and may have 10 years left, by selling Total Stock Market Index from Taxable ? or 2. Direct all savings to payoff the mortgage and take the...
by CyclingDuo
Tue Aug 06, 2019 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Financial anxiety and next steps in relationship
Replies: 102
Views: 7256

Re: Financial anxiety and next steps in relationship

Hello – I have a rather complex situation and would appreciate any comments from the BH community that might ease (or validate) my financial anxiety: My gf and I have been together three years, and it’s time to take the next steps in our relationship (i.e. marriage). Our financial situations are cu...
by CyclingDuo
Mon Aug 05, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Financial anxiety and next steps in relationship
Replies: 102
Views: 7256

Re: Financial anxiety and next steps in relationship

Hello – I have a rather complex situation and would appreciate any comments from the BH community that might ease (or validate) my financial anxiety: My gf and I have been together three years, and it’s time to take the next steps in our relationship (i.e. marriage). Our financial situations are cu...
by CyclingDuo
Mon Aug 05, 2019 7:17 am
Forum: Personal Investments
Topic: Dropped our advisor--need portfolio review
Replies: 24
Views: 2265

Re: Dropped our advisor--need portfolio review

What I wanted to do here was reassure the Original Poster that they were doing okay. The advisor made sure they were well diversified and the mix of investments looked acceptable. This was not a disaster and they said they weren't unhappy about the performance but were unhappy with the fees. I also...
by CyclingDuo
Sun Aug 04, 2019 9:01 am
Forum: Personal Investments
Topic: Pick one: $135,000 rental property or $110,000 in REITs
Replies: 89
Views: 10731

Re: Pick one: $135,000 rental property or $110,000 in REITs

Keep REIT stocks / funds in tax-advantaged accounts only, not in taxable accounts. Especially if you can keep the REITs in your Roth IRA. That's where the "sweet spot is" for REITs as an alternative investment in our opinion in terms of taxation and avoiding some of the headaches of using leverage,...
by CyclingDuo
Sat Aug 03, 2019 10:07 am
Forum: Personal Investments
Topic: Dropped our advisor--need portfolio review
Replies: 24
Views: 2265

Re: Dropped our advisor--need portfolio review

Hi, wise Bogleheads. About six months ago I posted that we had parted ways with our financial advisor so we could manage our finances by ourselves. I finally delved into our accounts and, to my horror, see that we have been invested in an unwieldy number of funds--some with relatively high expense ...
by CyclingDuo
Sat Aug 03, 2019 9:45 am
Forum: Personal Investments
Topic: approximating total stock market index in 457B
Replies: 5
Views: 283

Re: approximating total stock market index in 457B

Hello all, new workplace. Has a 457B plan. I'd prefer to buy Vanguard Total Stock Market Index, but it's not even an option. So my plan instead is to put 50% into BlackRock Russell 2000 Index Coll F (small cap) and 50% BlackRock Equity Index - Collective F (S&P 500). Can put in up to $19,000 per ye...
by CyclingDuo
Fri Aug 02, 2019 8:42 am
Forum: Personal Investments
Topic: Finish paying off home or start a IRA?
Replies: 28
Views: 1860

Re: Finish paying off home or start a IRA?

As the title says I'm looking to get advice on how to invest for my future. I'm 30 and would like retire at 50. I have some extra money each month that I'm not sure where to put it to maximize future gain. I know the majority will say invest because it will pay out more but the thought of owning my...
by CyclingDuo
Fri Aug 02, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: Boglehead Complacency
Replies: 77
Views: 6119

Re: Boglehead Complacency

Hi All, Our cherished forum is one of the best sources of stock market sentiment. Right now I'd like to point out: >> lack of anxiety despite the ~80 handles drawdown we find ourselves in. >> many threads where people are looking to increase risk, rather than make preparations for the eventual drop...
by CyclingDuo
Fri Aug 02, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 13923

Re: Should I encourage my kids to work in high school/college?

Work-study is a federal financial aid program that provides a % of the wages for on-campus (and some off-campus, non-profit) jobs. Students have to qualify for it based on FAFSA info, and it has nothing to do with the type of work performed, nor is it meant to allow students to study while they are...
by CyclingDuo
Wed Jul 31, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: 21 and starting career, need advice
Replies: 15
Views: 1551

Re: 21 and starting career, need advice

Hello folks! I read Malkiel and Ellis' "Elements of Investing" at 17 and the rest was history. :moneybag I've followed this forum and the late Mr. Bogle for years. I am quite certainly better off because I discovered this movement, and for that I thank you all. I'm 21 and beginning my career in gov...
by CyclingDuo
Wed Jul 31, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 13923

Re: Should I encourage my kids to work in high school/college?

During summer yes. During school year no. Depends on how many hours during the school year. Part-time work on weekends, an occasional evening here and there, and during holiday breaks are not going to derail the learning process. Another reason why we believe promoting high school and college part-...
by CyclingDuo
Wed Jul 31, 2019 10:36 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing ?
Replies: 17
Views: 1892

Re: How am I doing ?

I believe 100K is the bare minimum for one kid for any decent instate college. So will need to pay for college for the other kid from regular non education accounts. Out of state doubles the expenses and any professional post graduate course is probably even more. I aim to pay the equivalent of the...
by CyclingDuo
Wed Jul 31, 2019 9:51 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing ?
Replies: 17
Views: 1892

Re: How am I doing ?

I believe 100K is the bare minimum for one kid for any decent instate college. So will need to pay for college for the other kid from regular non education accounts. Out of state doubles the expenses and any professional post graduate course is probably even more. I aim to pay the equivalent of the...
by CyclingDuo
Wed Jul 31, 2019 9:31 am
Forum: Personal Investments
Topic: Father investing with Edward Jones
Replies: 43
Views: 4134

Re: Father investing with Edward Jones

What I would do... Watch The Retirement Gamble on PBS with him. https://www.pbs.org/wgbh/frontline/film/retirement-gamble/ If he’s up for the idea of switching to Vanguard and their low fee index funds... transfer in kind to Vanguard and transition to an age appropriate stock/bond mix of the three ...
by CyclingDuo
Wed Jul 31, 2019 7:37 am
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 85
Views: 16252

Re: Retire with Less Than $1 million?

02nz wrote:
Sun Jul 28, 2019 10:18 am
HomerJ wrote:
Sat Jul 27, 2019 10:20 pm
It's simply not possible for Trader Joe. He cannot possibly live without his caviar and his Chateau Lafite Rothschild. This is undisputed.
I would've thought he was more of a two-buck-Chuck kinda guy.
Two buck Chuck costs $4 bucks these days. :mrgreen:
by CyclingDuo
Tue Jul 30, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing ?
Replies: 17
Views: 1892

Re: How am I doing ?

Been watching the forum for some time now and finally thought of asking a question. I am 49 and wife is 44. Mostly single income thus far although wife plans to work more consistently now that kids are in their teens. I have about 1.35 MM in retirement accts and 1.1 MM in taxable including about 10...