Search found 287 matches

by TheHouse7
Sat May 26, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4365

Re: I'm an indexer... but...

There is no free lunch. :sharebeer The point is to stick to a plan.
by TheHouse7
Fri May 25, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for guidance on implementing 3 fund portfolio
Replies: 10
Views: 1422

Re: Looking for guidance on implementing 3 fund portfolio

Please consider simplicity, for the sake of others that may have to take over management. Keep US stock in all of your smaller accounts and then keep your 20% bonds in traditional ira. :sharebeer
by TheHouse7
Sat Feb 03, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Amazon Stock - Can this giant be stopped?
Replies: 66
Views: 4676

Re: Amazon Stock - Can this giant be stopped?

I agree that government will play a key role in anything being "stopped".

I love the story of standard oil, and how now companies are becoming more and more consolidated. Capitalism works the "best".
by TheHouse7
Fri Feb 02, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 7094

Re: Substitute for taking a shower?

Soap and lather before rinse focus on "hot spots" armpits and croch.
by TheHouse7
Wed Jan 31, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: How much have kids added to your personal finance/expenses?
Replies: 111
Views: 9289

Re: How much have kids added to your personal finance/expenses?

We're expecting our first in a month. The parents decide how much a kid "costs." I've seen all kinds of spending based on safety, health, what other people think. :oops: Kids don't cost hardly any $$$, the question is how many advantages do you want them to have. The biggest by far has to be health ...
by TheHouse7
Tue Jan 30, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about leaving Ameriprise
Replies: 52
Views: 5126

Re: Thinking about leaving Ameriprise

Please leave ameriprise, do it for the 17% you missed last year.

I'm 30 with 60/20/20 TSM/TIM/TBM. May have paid .1% last year.
by TheHouse7
Mon Jan 29, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance - and for how long?
Replies: 29
Views: 2635

Re: How much life insurance - and for how long?

You have done your homework! Try protective with executive membership at Costco. I got a 1mil 20 year term and my wife 500k 20 year term. I can always suplament more at work(380k now) and plan on reassessment at 45(I'm 30 now) Don't think you need to get it perfect right now just get 20 year term fi...
by TheHouse7
Sun Jan 28, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 7373

Re: Who taught you about financial responsibility?

Ynab, Dave Ramsey, this board in that order.

I kept looking for more "meat on the bone."

Now I'm trying to stay off this board more often.
by TheHouse7
Thu Jan 25, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 132
Views: 20281

Re: My boneheaded financial mistakes

Boneheaded financial mistake: In 1998 I sold 200 shares of LSTR at $45.00 per share to finance a vacation to Florida. Today the 200 shares would be 1600 shares @ $99.00 or about $158,400. Very good decision: In 1998 I sold 200 shares of LSTR at $45.00 per share to finance a vacation to Florida. The...
by TheHouse7
Thu Jan 25, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Time to get out of my $1 million Whole Life Policy?
Replies: 22
Views: 1692

Re: Time to get out of my $1 million Whole Life Policy?

Dottie57 wrote:
Wed Jan 24, 2018 6:35 pm
You don't support anyone but yourself, so no need for insurance. Get out. Never again mix investments with insurance product.

Avoid leeches in the future. Only buy term life insurance.
+1 please stay away from whole life
by TheHouse7
Thu Jan 25, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 17476

Re: Dear wife quits job and now we are down to 1 income

This is a very old fashion way of thought. Even if it’s break even, a spouse *should* continue to work to maintain their skills and career prospects, especially one who was pulling in 70k (!!). It is well understood that women take huge future earnings hits by doing this, it’s bad for equality, it’...
by TheHouse7
Mon Jan 22, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 51
Views: 6475

Re: Am I being greedy?

If you can stomach it why not? However, while I cant find the link, Vanguard has a historical analysis of stocks/bonds allocations. I switched to 80/20 once I read through that as the benefit of being 100% isn't much better than an 80/20 allocation but offers the safety of the bond allocation. I'm ...
by TheHouse7
Sat Jan 20, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 9264

Re: Fear of dying with too much money?

Your post seems pretty glib about the prospect of running out of money. That was certainly not my intent. But many Bogleheads have made a point that actually exhausting a sizable portfolio during retirement is something so rare as to not be a very realistic possibility for those reading this forum....
by TheHouse7
Sat Jan 20, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 8541

Re: Lost money through Bitconnect scam - learned my lesson

Thank you OP, we all make mistakes, it is a nice reminder that I'm not the only one making them. :oops:
by TheHouse7
Fri Jan 19, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mother In Law's new boyfriend...
Replies: 28
Views: 3619

Re: Mother In Law's new boyfriend...

Love and support your mil in the best way possible. Usually that is not getting involved in her money. :P
by TheHouse7
Fri Jan 19, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Next Phase - Move to Taxable?
Replies: 5
Views: 797

Re: Next Phase - Move to Taxable?

Since this money is not for retirement and may be needed in the next few years, it should not be invested. It should be saved. Otherwise, it may not be there when you want it. I would use CDs and high yield savings. The most aggressive would be a short term bond fund and that for only part of the m...
by TheHouse7
Fri Jan 19, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Learning Swimming @ 40+
Replies: 37
Views: 2116

Re: Learning Swimming @ 40+

Just do it. Your family will love and support you. Think of how happy everyone will be with you playing in the water.

Think of the other irrational fears you can help your kids concur later in life when S* really hits the fan.
by TheHouse7
Fri Jan 19, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: The wisdom of buying a car that doesn't depreciate (much)
Replies: 36
Views: 6270

Re: The wisdom of buying a car that doesn't depreciate (much)

In my opinion, you should get what you really want. Expect to lose a small portion of your networth and try to limit friction(like 1 raptor every 5 years???) The thing I worry about is the entitlement aspect: You work so hard at convincing yourself "you deserve it," that you total 5 raptors in 10 ye...
by TheHouse7
Thu Jan 18, 2018 10:35 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 8654

Re: Short Commute or Nicer House?

I love my 8 minute commute. I just wish I liked riding my bike in the rain. :?
by TheHouse7
Thu Jan 18, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Someone Needs To Pay For What They Did (Advice sought)
Replies: 44
Views: 7891

Re: Someone Needs To Pay For What They Did (Advice sought)

I would pay the bill, and not trust anyone in my place. To recoup maybe you can rent out that room that you never go into :oops:
by TheHouse7
Thu Jan 18, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions
Replies: 25
Views: 1746

Re: How to Analyze Sweet Spot on Insurance Deductibles - Challenging my Preconceived Notions

On average, insurance companies are profitable. You are the amateur competing with professional actuaries. I am heavily biased towards towards self-insure. I carry homeowners and I go to PLPD on vehicles when value drops below about $5000. +1 I'm of the perspective that I can't win. The only questi...
by TheHouse7
Thu Jan 18, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 88
Views: 7858

Re: Exit strategy for bitcoin

Watty wrote:
Thu Jan 18, 2018 9:46 am
stimulacra wrote:
Thu Jan 18, 2018 1:02 am
If owning bitcoin to diversify your asset allocation…
Buying Bitcoin(or similar) is not diversifying your portfolio anymore than buying lottery tickets would be.
Bingo, sell bitcoin like throwing away expired lottery tickets(when you're done following it)
by TheHouse7
Thu Jan 18, 2018 12:32 am
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 8326

Re: Tax Law Sunset 2025 - Roth vs Traditional

I'm(30) most interested in landing the most tax credits by low income (84k MFJ with our first kid due Feb). We will Max 401k(18.5k), Tira(11k), and HSA(6.2k). Does this sound like an optimal tax situation for 2018? Should we be contributing to Roth IRAs instead?? Thank you for any response. :beer E...
by TheHouse7
Wed Jan 17, 2018 7:35 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 90
Views: 8326

Re: Tax Law Sunset 2025 - Roth vs Traditional

B) If your income is low, you may contribute 100% to Trad. 401K and Trad. IRA in order to qualify for tax credits. In those cases, your tax will be zero or negative. In summary, 100% to Trad. 401K and 100% to Roth IRA works for almost all income levels. If you can go to zero but can't go negative, ...
by TheHouse7
Wed Jan 17, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 43
Views: 2498

Re: Take a 401k Loan?

The mortgage company said she could be on the loan by herself since my credit has tanked to about 600 due to the debt. Please let your wife get the refinance with a higher credit score. Does she make enough to qualify for the loan by herself? Otherwise stick with paying off the credit cards, then l...
by TheHouse7
Wed Jan 17, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cash Out my NML Whole Life Insurance?
Replies: 45
Views: 3515

Re: Should I Cash Out my NML Whole Life Insurance?

Please cash out all these policies and get term insurance. I pay $36 per month for 1.5 million in coverage. :sharebeer From what I understand only the rich can benefit from investment insurance under very particular circumstances. I plan on paying for term insurance until no one is counting on my in...
by TheHouse7
Wed Jan 17, 2018 4:49 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 1805

Re: Recent market gains

Mr. Market is always insane! Ignore short-term market volatility.

Stay the course. No one knows nothing.

I would guess the weakening of the us dollar is giving most industries a more positive eps future.

:confused
by TheHouse7
Wed Jan 17, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Are these benefits from my employer good ?
Replies: 13
Views: 1520

Re: Are these benefits from my employer good ?

I just got 20 year term life for my first kid, outside of work

Costco executive membership gets the best rate.
by TheHouse7
Wed Jan 17, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 43
Views: 2498

Re: Take a 401k Loan?

The mortgage company said she could be on the loan by herself since my credit has tanked to about 600 due to the debt. Please let your wife get the refinance with a higher credit score. Does she make enough to qualify for the loan by herself? Otherwise stick with paying off the credit cards, then l...
by TheHouse7
Tue Jan 16, 2018 8:46 pm
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 8204

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Look at the number of individual posts and “joined date” for the people writing in about sitting on the sidelines. A lot of them are new to the forum and are either unfamiliar with or still learning the Boglehead philosophy. I guess many bogleheads have retired and are no longer active here. Funny,...
by TheHouse7
Tue Jan 16, 2018 2:45 am
Forum: Investing - Help with Personal Investments
Topic: I'm hooked
Replies: 22
Views: 4259

Re: I'm hooked

I got hooked from bogleheads Guide to Investing from the library.

It was like if you have time check out this forum.

Then I stopped blinking until my head cracked open. :shock:
by TheHouse7
Mon Jan 15, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 42
Views: 4261

Re: why emergency savings?

If $20,000 is such a small portion of someone’s liquid assets, then why are they worried about losing a couple percentage points in interest by keeping it in a savings account? This. You either shouldn't be risking your unemployment fund or it doesn't matter so why not have it? Did anyone get rich ...
by TheHouse7
Sat Jan 13, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: AA is much harder than I thought...
Replies: 45
Views: 5316

Re: AA is much harder than I thought...

It is not.

I'm 30, with 80/20 25% stock international.

I keep thinking I need to buy more stock when I really mean save more. :)

Contributions matter so much more than AA it's not even funny.
by TheHouse7
Sat Jan 13, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Our 'cure' for emergency expenses
Replies: 96
Views: 11403

Re: Our 'cure' for emergency expenses

I use YNAB4. Unfortunately they don't sell it anymore. It was a one-time purchase rather than an on-going subscription, and it had more flexibility of functionality and better cash flow awareness than the newer version (which is online) has. I have chosen not to upgrade. Not sure what I'll do when ...
by TheHouse7
Fri Jan 12, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Bank offering 0.25% off mortgage interest for asset transfer
Replies: 24
Views: 2410

Re: Bank offering 0.25% off mortgage interest for asset transfer

I'm gonna bet your going to get a better rate with a local credit union. Shop around. :happy
by TheHouse7
Thu Jan 11, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 6703

Re: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??

pretykev wrote:
Thu Jan 11, 2018 8:47 pm
Lets be honest, how many of you are 100% VTSAX in your portfolio?
I know I am :sharebeer
I swear I read some where, "The only free lunch is diversification." :sharebeer
by TheHouse7
Wed Jan 10, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Forgot to make my $5500 contribution for 2018
Replies: 36
Views: 5006

Re: Forgot to make my $5500 contribution for 2018

Jags4186 wrote:
Tue Jan 09, 2018 2:41 pm
I’m afraid you’ll never be able to retire. If I were you I’d sell everything, buy bitcoin, move to Vietnam to lower your cost of living to about $300/yr and learn to drive a rickshaw.
+1 best watch out for bathtub alcohol :D
by TheHouse7
Tue Jan 09, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: AA - Too Heavy Of A Small Cap Tilt?
Replies: 20
Views: 1488

Re: AA - Too Heavy Of A Small Cap Tilt?

No, less than 10% is not even a tilt :P
by TheHouse7
Mon Jan 08, 2018 9:33 pm
Forum: Local Chapters and Bogleheads Community
Topic: Livesoft at 58,000 posts!
Replies: 36
Views: 3540

Re: Livesoft at 58,000 posts!

I'm gonna need 6.35 posts a day for 25 years to meet this milestone (when I plan to retire(55))!

Congratulations, I hope you get more out of giving than getting.
by TheHouse7
Mon Jan 08, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: criticize my portfolio
Replies: 7
Views: 770

Re: criticize my portfolio

Have you considered your current allocation to complex? Are you searching for more return(by taking more risk)? Or are you looking to reduce risk(without reducing expected returns)?

I gave up on tilting and timing when I wasn't willing to put more than 10% of our Total portfolio into one sector.
by TheHouse7
Sat Jan 06, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take this promotion?
Replies: 26
Views: 2245

Re: Should I take this promotion?

Just do it. You always have other options and the down side (not being considered for future promotion) is really bad.
by TheHouse7
Sat Jan 06, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: When could I retire?
Replies: 8
Views: 2096

Re: When could I retire?

Clarify annual income (includes rentals?), annual expenses now, what your health insurance needs are before 65, what annual expense you will have in retirement. Your lifestyle costs are dramatically low, are you single? Rentals imply maintenance, vacancy, and management. The more you share the bette...
by TheHouse7
Fri Jan 05, 2018 7:22 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 103
Views: 8809

Re: Heading for a top?

For all these concerns, I think there will be an extra 10+ years in this bull while I start accumulating (started 3 years ago).

Has anyone considered having a different AA in contributions, than their portfolio?(like 60/40 and 100/0 compared to 80/20)

Sorry if that's not clear :beer
by TheHouse7
Thu Jan 04, 2018 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: stay with old employer 401k with fees or rollover to a Vangaurd account tIRA?
Replies: 20
Views: 1264

Re: stay with old employer 401k with fees or rollover to a Vangaurd account tIRA?

TwstdSista wrote:
Thu Jan 04, 2018 2:55 pm
I'd roll it over in a heartbeat and never look back.
+1
by TheHouse7
Thu Jan 04, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Financial checkup - just found out pregnant
Replies: 22
Views: 2143

Re: Financial checkup - just found out pregnant

TxAg wrote:
Wed Jan 03, 2018 3:54 pm
You make nearly $300k and have nearly $1MM invested. Tell him to drink a beer and relax :)
+1 :sharebeer

Nanny will make more than my wife and I combined. lol
by TheHouse7
Tue Jan 02, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help my 7 year old daughter invest $50 of her Christmas money
Replies: 30
Views: 2568

Re: Help my 7 year old daughter invest $50 of her Christmas money

"wise girls" would buy mom and dad a $50 gift card to their favorite restaurant and when presenting it to them would smile and say something along the lines of "You're the best mom and dad in the world. You do so much for me that now I saved up some money I can do something for you!" Talk about "go...
by TheHouse7
Sun Dec 24, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: "Dear Younger Me,"
Replies: 11
Views: 1513

Re: "Dear Younger Me,"

Please learn more about conflict resolution before getting married.
by TheHouse7
Sun Dec 24, 2017 1:38 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 42961

Re: What frugal thing did you do today?

Nectarineman wrote:
Sun Dec 24, 2017 12:05 pm
Since frugality seems to be a way of life, what did you do today that was frugal?

As for me, worked out at the gym, but shaved and took an extra long shower there to save on my utilities.

:D
Ate leftover joejoes from going out for lunch at work. (In breakfast eggs)