Search found 1817 matches

by CyclingDuo
Wed Dec 12, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff coming in 3-6 months, questions about preparing
Replies: 20
Views: 2452

Re: Layoff coming in 3-6 months, questions about preparing

Brief background : We are DINKs in mid-to-late 30s. 3 months of expenses in liquid E-fund. I will be laid off sometime in the next 3-6 months. My company nor my direct supervisor has told me, but I have mentors/friends that are higher up in the org that have let me know that it's coming. The writin...
by CyclingDuo
Wed Dec 12, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21258

Re: What percentage of your net worth is your home equity?

Mine is around 28%, curious about other bogleheads. 10-12% I hesitate to even use the word investment when it comes to a home. Almost prefer to use the word expense , but going with the home as an investment - or at least an asset - for the sake of a net worth discussion... The ER fees on that equi...
by CyclingDuo
Wed Dec 12, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: Desktop Computer. All in one or separate? And which one?
Replies: 34
Views: 1872

Re: Desktop Computer.

sunny_socal wrote:
Wed Dec 12, 2018 10:51 am
I'd never buy an AIO.
Bogle7 wrote:
Tue Dec 11, 2018 10:22 pm
Your first decision is which operating system: Windows, MAC OS, Linux.
If you pick Mac OS, then easy decision: 27-inch iMac.
Uh no. Mac Mini plus monitor of your choice.
+1 on the Mac Mini!
by CyclingDuo
Wed Dec 12, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21258

Re: What percentage of your net worth is your home equity?

Mine is around 28%, curious about other bogleheads. 10-12% I hesitate to even use the word investment when it comes to a home. Almost prefer to use the word expense , but going with the home as an investment - or at least an asset - for the sake of a net worth discussion... The ER fees on that equi...
by CyclingDuo
Wed Dec 12, 2018 12:25 am
Forum: Investing - Theory, News & General
Topic: Shrinking dividends?
Replies: 30
Views: 3908

Re: Shrinking dividends?

Folks, I screwed up. I checked the source of the dividend data again, and noticed that the values were already adjusted for inflation. So when I adjusted them for inflation a second time, I produced bogus numbers. The second column in my table, which I labeled nominal values, are actually in curren...
by CyclingDuo
Tue Dec 11, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: Spotify or Amazon Music?
Replies: 39
Views: 2878

Re: Spotify or Amazon Music?

I want to put music on my phone and listen to it in my car by connecting to blue tooth speakers. Reading reviews online I see that I can do this with either Spotify or Amazon Music for about the same price (I have amazon prime). I am not in the Apple system so don't want to use them. You can use Ap...
by CyclingDuo
Tue Dec 11, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?
Replies: 49
Views: 4152

Re: Teachers, Professors, and others with lots of vacation days: what do you do in the summer?

I have four months of break* in the summer and winter and I have been thinking about what to do and/or where to live during this period for a while. I am 37 yo, single, likes outdoor activities a lot, good weather (60 - low 80s). Budget is up to $5k/month. Ideally, a city with good weather, museums...
by CyclingDuo
Mon Dec 10, 2018 12:47 pm
Forum: Investing - Theory, News & General
Topic: Article: Your love of index funds is terrible for our economy
Replies: 59
Views: 6246

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

There is an opinion piece published today in Marketwatch with the title "Your love of index funds is terrible for our economy." Not that it matters, but the author of that article runs his own investment newsletter called "Up On Stocks" where he claims he has been "beating the market since 2010". :...
by CyclingDuo
Sun Dec 09, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18498

Re: Teachers Who Have Net Worth of $1 million +

My father-in-law taught high school his whole career and retired in 1989. At death he was worth $1.4 million. He practised boglehead-type investing. He never made more than $36K and his wife never worked. But truth be told they lived way below their means, too low in my opinion. wow that's saying a...
by CyclingDuo
Sun Dec 09, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18498

Re: Teachers Who Have Net Worth of $1 million +

As a retired teacher, I'm interested in hearing from my fellow Life-Giving Educators who were able to devote their lives to teaching, invest over time, may have started side businesses, and have amassed over $1 million net. How did you do it? Perhaps share your net worth as a testament to other you...
by CyclingDuo
Sun Dec 09, 2018 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18498

Re: Teachers Who Have Net Worth of $1 million +

Well dang, here I thought teachers made diddly squat. Retiring at 49 or 50 with a cool million in various savings vehicles coupled with a 5k/month pension is pretty strong stuff. Remind me again why the public thinks teachers aren't paid well? I'm not knocking anything about their wage or pension, ...
by CyclingDuo
Sat Dec 08, 2018 1:03 am
Forum: Investing - Help with Personal Investments
Topic: I’m getting frustrated FTIHX
Replies: 19
Views: 2322

Re: I’m getting frustrated FTIHX

I invested in FTIHX last year and it has done terrible. It’s almost down 12% since I purchased it. Is anyone else experiencing this pain? I’m in for the long haul because it’s in my ROTH IRA, but I’m regretting even investing anything in the fund! :annoyed Yes, we have all experienced a decline in ...
by CyclingDuo
Fri Dec 07, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Help with strategy for $ for a possible house upgrade or addition
Replies: 5
Views: 479

Re: Help with strategy for $ for a possible house upgrade or addition

Use the $155k CD in taxable. Roll it over for 1 or 2 more years for a 1 year term. Is there a reason why you are bucketing only a portion of that CD? I would use the CD for the OP's options: upgrading to a new house, or adding an addition to current house. Continue to save additional money in the C...
by CyclingDuo
Thu Dec 06, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: How long does it take for SS to fix earnings record?
Replies: 17
Views: 1935

Re: UPDATE Re: How long does it take for SS to fix earnings record?

A week later my wife got an email from the congressman’s staff asking for a privacy waiver so that they could talk to SS about her account. Another week later she received a letter from SS stating that her 1989 income had been corrected. —vtMaps Kudos to you for having the patience of Job! Congrats...
by CyclingDuo
Wed Dec 05, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Financially Able to Retire?
Replies: 21
Views: 3233

Re: Financially Able to Retire?

Ready to retire, burned out and tired of the Corporate grind. 33 year career and counting Turn 60 in Feb 2019. Wife also turns 60 in February. Pension vested will pay gross $52k per year until 2nd death $825k in 401k, passed 59.5 so have full access now. 50% equities, 50% fixed. $70k in Roth IRA’s....
by CyclingDuo
Tue Dec 04, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Will we make it saving only in employer plans?
Replies: 58
Views: 4105

Re: Will we make it saving only in employer plans?

This is a terrible place to come to feel good about where you stand in retirement saving. I read so much about all these taxable accounts everyone uses after maxing this & that out, Roth conversions, etc, etc... No doubt it can be daunting, but consider the audience as well as contributors are both...
by CyclingDuo
Mon Dec 03, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5150

Re: Do you get a year end bonus?

Agree with all of the above, but no free tuition for children at our State institution :( Yes, that is not too surprising when compared to private institutions in terms of the percentages that are reported every year at AAUP. According to the AAUP's latest annual report... As for tuition benefits, ...
by CyclingDuo
Mon Dec 03, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Best new Mac/features for 2000-3000
Replies: 60
Views: 3839

Re: Best new Mac/features for 2000-3000

Use iphones/ipods but never had Mac desktop (not interested in laptop). Suggestions at 2-3K? The options are overwhelming. Please give me some advice. Thanks That seems pretty easy. Get the new Mac Mini for $799 and hook it up to the externals you already have from your old PC. As mentioned above, ...
by CyclingDuo
Mon Dec 03, 2018 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5760

Re: Saving for Retirement when one has a Pension

The fact that you state " obviously " above gives me a bit of pause. When it comes to teachers pensions and social security, there's nothing "obvious" about SS participation except that it varies a lot. I think roughly 1/3 of states still opt-out of SS for teachers and sometimes others such as poli...
by CyclingDuo
Mon Dec 03, 2018 7:26 am
Forum: Investing - Help with Personal Investments
Topic: Stuck with Wells Fargo 401k: What to do?
Replies: 23
Views: 1436

Re: Stuck with Wells Fargo 401k: What to do?

My Wells Fargo 401k gives me the option to use a Self-Directed Brokerage Account, which opens up 1,000s of options at no cost. Does yours offer it? I guess not (I can't find it). Where should I look for it? A Wells rep will be coming onsite soon, I can ask them. Thanks for the pointer! Using the de...
by CyclingDuo
Sun Dec 02, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Advice For My Age Update
Replies: 7
Views: 1167

Re: Advice For My Age Update

Grand piano is not a $15K asset. Closer to $3K. Maybe. Depreciation does occur on grand pianos, but not nearly like it does with a car. Some actually appreciate. It all depends on the make and model and what they garner in the open market (music schools, universities, orchestras, opera companies, e...
by CyclingDuo
Sun Dec 02, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5150

Re: Do you get a year end bonus?

Certain industries pay significant bonuses. And others don't pay bonuses at all. Neither my wife nor I ever got a bonus in 30+ years each as professors at a small private college. I suspect the same is true elsewhere in the nonprofit sector. There is another way to think about it. Summers off, 3-5 ...
by CyclingDuo
Sun Dec 02, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5760

Re: Saving for Retirement when one has a Pension

In my example I use myself. No one starts to max out retirment account right away. So, OP, invest the best and the most you can. Just increase the investment amount along the way. Also, don't forget to live along the way. If your pension stay the same and you build a nice investment account you wil...
by CyclingDuo
Sun Dec 02, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Stuck with Wells Fargo 401k: What to do?
Replies: 23
Views: 1436

Re: Stuck with Wells Fargo 401k: What to do?

Hi everyone, I recently changed jobs, moving from a megacorp with excellent 401k options, to a much smaller company. The new company uses Wells Fargo as 401k admin and I'm stuck with fund options which I think are terrible. My options are: 1- Assortment of BlackRock LifePath target date funds with ...
by CyclingDuo
Sun Dec 02, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5760

Re: Saving for Retirement when one has a Pension

- If your employer offers a 403 and a 457 you can contribute to both. Quite true and not a bad strategy. One does not have to max out both, but could split the contributions to increase the options if one would be retiring early. If one has enough salary, and cover all expenses on the home front - ...
by CyclingDuo
Sun Dec 02, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5760

Re: Saving for Retirement when one has a Pension

Make it simple Max out your 403b or any tax deferred plan you can at work. believe it's around 18k a year. If you max that out go fund a Roth IRA. In the end you will have your pension and a really large taxed deferred account. Forget trying to figure out a percent. Just try to max it out over the ...
by CyclingDuo
Sun Dec 02, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Saving for Retirement when one has a Pension
Replies: 60
Views: 5760

Re: Saving for Retirement when one has a Pension

Are there specific guidelines, whether general agreed upon rules of thumb or Boglehead wisdom, for retirement savings advice for those with pensions? I'll be able to retire in about 20 years with 55-60% of my salary through my pension. What are some good perspectives/guidelines to save additionally...
by CyclingDuo
Sat Dec 01, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: For those of us that can't max contribute
Replies: 43
Views: 2633

Re: For those of us that can't max contribute

Pension is private, non profit, entirely funded by employer, I pay $0. It's been around for decades, recently D/Cd for new employees. We are "grandfathered" in, and yes I understand this can easily go away but no indications of that happening at this point. It's structured in a way that adds a % of...
by CyclingDuo
Sat Dec 01, 2018 9:24 am
Forum: Investing - Help with Personal Investments
Topic: For those of us that can't max contribute
Replies: 43
Views: 2633

Re: For those of us that can't max contribute

What would be the order of importance? Mid 30s couple with 2 kids. House 50% paid off. Options below Rearranged in the order that looks the most promising... Emergency Fund (currently at about 4 months. Extend this to at least 6-8 months ) Debt ( $15k @ 5.5% , then $20k @ 1.60%) Roth IRA his - curr...
by CyclingDuo
Sat Dec 01, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Too Much Savings Regret
Replies: 112
Views: 16765

Re: Too Much Savings Regret

So perhaps the answer is just to relax, realize that you can’t prepare for every negative scenario, remember that there are millions of Americans who are in much worse shape than you, and... loosen up those purse strings while you are young! :beer Here's to finding the right balance in one's life d...
by CyclingDuo
Fri Nov 30, 2018 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6584

Re: Restaurant Budget

The problem with fast food and a lot of restaurant food goes well beyond calorie counting and I will leave it at that. Fair enough. This professor did an excellent experiment nearly a decade ago... http://www.cnn.com/2010/HEALTH/11/08/twinkie.diet.professor/index.html "I wish I could say the outcom...
by CyclingDuo
Fri Nov 30, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: The S&P 500 Goes Supernova
Replies: 90
Views: 13160

Re: The S&P 500 Goes Supernova

This bull market which is about 10 years old has produced massive gains with little in the way of volatility. Always worthy of looking at it from all angles. https://farm5.staticflickr.com/4566/38944225751_002d6dc268_b.jpg Stocks did not even break out above their previous 2007 highs until January ...
by CyclingDuo
Fri Nov 30, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6584

Re: Restaurant Budget

Another link with the "big three"....
http://www.nomadwallet.com/save-money-o ... -expenses/
by CyclingDuo
Fri Nov 30, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6584

Re: Restaurant Budget

Hi BHs, I started tracking my household expenses a year ago. And I was surprised to learn my spouse and I spend around $700/month at restaurants (eating out, getting drinks, ordering take out). I live in HCOL city. Is that a lot? Would you mind sharing your data and some additional info to give it ...
by CyclingDuo
Fri Nov 30, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6584

Re: Restaurant Budget

The big three expenses for everyone are: housing, transportation, food My big three are actually income taxes, property taxes, and insurance. Fun stuff. So, my spending is probably not typical. However.... given the OP's income, $700/month seems like a lot of money for restaurant expenses. But if t...
by CyclingDuo
Fri Nov 30, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Significant Change in Salary - What to Change
Replies: 21
Views: 2504

Re: Significant Change in Salary - What to Change

Another question. My current employer has a pension plan which I have a cash balance of around $32K as of 4/30/18. The estimated cash balance benefit commencing on 6/1/2048 is $139K or $812/mo (5% per year interest credit). Is this something I should just leave or pull the lump sum and invest? Plan...
by CyclingDuo
Fri Nov 30, 2018 8:15 am
Forum: Investing - Help with Personal Investments
Topic: My 401k isn't making any money
Replies: 35
Views: 4270

Re: My 401k isn't making any money

I've been contributing to new workplace 401k since April 2017 (note: have a separate one also with a prior employer). After record keeping fees, from what I can see, I've actually lost money after 18 months. Obviously these are long-term investments, but its a little discouraging. I'm eligible for ...
by CyclingDuo
Fri Nov 30, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 6584

Re: Restaurant Budget

Hi BHs, I started tracking my household expenses a year ago. And I was surprised to learn my spouse and I spend around $700/month at restaurants (eating out, getting drinks, ordering take out). I live in HCOL city. Is that a lot? Would you mind sharing your data and some additional info to give it ...
by CyclingDuo
Thu Nov 29, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: First year with financial planner managing IRA did worse than index fund, should I pull out?
Replies: 24
Views: 2074

Re: First year with financial planner managing IRA did worse than index fund, should I pull out?

This is my first post. A year ago I moved a retirement account worth about $245k idling in Fidelity and rolled it over to an IRA actively managed by a financial advisor that uses LPL Financial. Over the year the account swung up to $260k and now is negative return and valued about $237k. I have no ...
by CyclingDuo
Thu Nov 29, 2018 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Adjust for projected bear market?
Replies: 18
Views: 1943

Re: Adjust for projected bear market?

I saw some DD on reddit wallstreetbets that was interesting, projecting a bear market coming up. It also laid out a few sectors that weather bear markets well historically, consumer staples, healthcare and utilities, large cap in particular. I'm doing the easy mode of total market fund 100%. Should...
by CyclingDuo
Wed Nov 28, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Do you need to invest mostly in stocks to get rich?
Replies: 178
Views: 17008

Re: Do you need to invest mostly in stocks to get rich?

For some reasons, I noticed that most bogleheads irrationally dismiss every investment that's not an index fund, even if it's pretty stable and people have been doing it since forever, successfully. Maybe it's a form of indirect jealousy, as in they can't accept that there are ways to consistently ...
by CyclingDuo
Wed Nov 28, 2018 8:02 am
Forum: Investing - Theory, News & General
Topic: TIAA: compensation of Wealth Management Advisor
Replies: 19
Views: 1927

Re: TIAA: compensation of Wealth Management Advisor

A NY Times article a year ago reported that some TIAA wealth mangement advisors complain that the company now pushes them too much to sell products not necessarily in the interest of the client. Today I met a TIAA Wealth Management Advisor for the first time, for advice. (I'm not retired yet.) The ...
by CyclingDuo
Tue Nov 27, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 5789

Re: List of costs that go away/decrease and increase/appear in retirement

Thanks for sharing. It's nice having a discussion from folks in different stages of their lives. This post I came across was helpful in making sure when I'm five years away and when I'm in retirement to have five years expenses in cash/CD's/High yield savings type accounts. https://www.bogleheads.o...
by CyclingDuo
Tue Nov 27, 2018 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Teacher Pension Problem
Replies: 23
Views: 2958

Re: Teacher Pension Problem

Good morning, everyone! My first time posting to the forum. I'm sure some of you are aware that the primary retirement option for teachers is generally a pension plan. The payments are usually based off a 3-5 year highest average salary, years of service time, etc. My issue lies in the fact that th...
by CyclingDuo
Tue Nov 27, 2018 11:34 am
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 5789

Re: List of costs that go away/decrease and increase/appear in retirement

I'm 15-20 years away from retirement. I spend a lot of time learning on BH and appreciate all the knowledge being shared. I'm curious about costs that go away/decrease in retirement and those that increase/appear in retirement. I realize that there are many variables (age, health, hobbies, personal...
by CyclingDuo
Fri Nov 23, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: What to do when you have Less than 100K ? say just 50k
Replies: 36
Views: 4026

Re: What to do when you have Less than 100K ? say just 50k

I have the unfortunate position of being in my 30s and having saved up only 50 due to some stupid financial decisions including day trading etc, but i m wiser now. My question is that since i am at 50k, being in a portfolio with a "buffer" with bonds / commodities doesn't make sense to me because a...
by CyclingDuo
Fri Nov 23, 2018 12:15 am
Forum: Investing - Help with Personal Investments
Topic: 5 Funds
Replies: 19
Views: 1963

Re: 5 Funds

Strive for simplicity--not complexity. The market weights in REITs and Small Cap Value are ALREADY in the Total Stock Market Index Fund. Consider eliminating this overlapping fund. Read my "Simplicity" link below. Best wishes. Taylor I'm finalizing my simple portfolio plan too, but in my Schwab acc...
by CyclingDuo
Thu Nov 22, 2018 11:26 pm
Forum: Investing - Theory, News & General
Topic: A lot of us expected a US stock "pull back" is this it?
Replies: 58
Views: 7825

Re: A lot of us expected a US stock "pull back" is this it?

I still consider myself a new-ish investor, been doing it ~7-8 years. Majority of stock is in the US total stock market. Down a pretty decent amount the last few months. Is this the pull back? Because this doesn't feel that bad at all. Lol. (knock on wood) Also, yes I'm aware this is somewhat of a ...
by CyclingDuo
Thu Nov 22, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: 35 Years old looking for advice!
Replies: 16
Views: 3375

Re: 35 Years old looking for advice!

My company is an ESOP company. I have about 100K in ESOP after 5 years of working full time. Holding that much in one stock is extremely risky. You should be selling these shares as soon as allowed. See below for the options that are available to me. The best options are: Vanguard 500 Index 0.04% -...
by CyclingDuo
Thu Nov 22, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing
Replies: 22
Views: 2869

Re: Vanguard Target Retirement/Life Strategy vs 4 Fund DIY balancing

Dances..., Let me please clarify something. The phrase "rising equity glidepath" gets a bid of a bad-rap because it implies continually increasing equities throughout retirement which would be too risky for us and is not part of the plan. The better term to use is a "bond tent" which, (for us) is j...