Search found 263 matches

by TheHouse7
Thu Jan 18, 2018 12:32 am
Forum: Investing - Theory, News & General
Topic: Tax Law Sunset 2025 - Roth vs Traditional
Replies: 79
Views: 6069

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: 79
Views: 6069

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: 28
Views: 1046

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: 16
Views: 1323

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: 1352

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: 4
Views: 426

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: 28
Views: 1046

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: 83
Views: 5427

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: 3813

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: 40
Views: 3283

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: 27
Views: 3124

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: 63
Views: 6789

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: 12
Views: 1078

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: 5345

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: 4647

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: 1165

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: 2911

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: 572

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: 1955

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: 1762

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: 7655

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: 1015

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: 1943

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: 2312

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: 1392

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: 315
Views: 22854

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)
by TheHouse7
Sun Dec 17, 2017 12:33 pm
Forum: Investing - Help with Personal Investments
Topic: 28 Years Old: In the current market, what % into bonds?
Replies: 56
Views: 3616

Re: 28 Years Old: In the current market, what % into bonds?

Thank you all so much for quick responses and advice. It seems I'm at least not out of bounds with what I have currently and maybe could be a bit more aggressive. Someone suggested reading some books and I have done some of that but it's been a while. When I first started teaching I happened upon "...
by TheHouse7
Sun Dec 17, 2017 2:37 am
Forum: Investing - Theory, News & General
Topic: Is anyone putting money aside into Gold?
Replies: 107
Views: 8202

Re: Is anyone putting money aside into Gold?

uberational44 wrote:
Sat Dec 16, 2017 9:50 am
I have been taking great interest in gold recently and gold mining companies...

Has anyone else considered this?
Honestly, the time I've put into investing in gold has only lead me to sales people. This had made me more than suspicious. :twisted:

(plug in fear mongering youtube video here)
by TheHouse7
Thu Dec 14, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: seeking financial advice
Replies: 16
Views: 1165

Re: seeking financial advice

Focus on what you have control over. You want to buy low? Your going to need a meaningful crash. If your worried about a major correction at this point in your accumulation phase, you must think you can market time (you can't). Focus on paying off the mortgage early and then you won't feel so bad pu...
by TheHouse7
Wed Dec 13, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 153
Views: 17320

Re: TurboTax Prices

My father in law buys Turbo Tax at Costco every year and let's his children use it. There are enough licenses that I was even able to use it before we got married. Still have to pay to file state taxes, but it saves us a few bucks each year. For those without such a father in law, perhaps there is ...
by TheHouse7
Wed Dec 13, 2017 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones Guided Solutions - Spouse is Employee
Replies: 37
Views: 2782

Re: Edward Jones Guided Solutions - Spouse is Employee

This sounds really weird, and there is no way I would put up with that for an extended period of time(more than 3 years). Respect your wife and make a game plan you can both stick to. P.s. before I became a boglehead, my DW set me up with a U.S. Bank advisor, needless to say I couldn't stop myself f...
by TheHouse7
Wed Dec 13, 2017 8:24 pm
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 24
Views: 1707

Re: ESPP - Would you participate and what's your strategy

Yes, buy 6k per year max, sell everything every 3 months.
by TheHouse7
Wed Dec 13, 2017 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 11438

Re: 2018 financial goals - what are yours?

Max hsa
Max 401kx1
Max Roth x2

Pay tax, keep DW happy.
by TheHouse7
Wed Dec 13, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?
Replies: 41
Views: 3066

Re: ROTH IRA Holders: How Many Of You Max Your Contribution On January 1st?

DCA vs Lump sum has been extensively studied.

Lump sum asap if you can. Get the most time in the market as possible.
by TheHouse7
Wed Dec 13, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: Novel Gift Ideas for Adult Siblings
Replies: 27
Views: 2137

Re: Novel Gift Ideas for Adult Siblings

One of the most fun Christmas I ever had as an adult was watching 3-5 year olds play with us with these: https://www.walmart.com/ip/Marshmallow-Mini-Bow/33359015 https://www.amazon.com/Marshmallow-Fun-Company-1100-Classic/dp/B00077FCT0 (The 3 year old was best at picking up the ammo to eat it all ov...
by TheHouse7
Mon Dec 11, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 7986

Re: Done gone and did it

I have to finalize my pension benefit. The choices are: Lump sum: $534,707.76 Single Life Annuity: $3,376.15 I'm single, so no beneficiary option. Running SPIA calculators, they come up with about $2500/month for that lump. I think the annuity makes the most sense. I have a substantial "lump sum" i...
by TheHouse7
Mon Dec 11, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1785

Re: What cause BH fear about running out of saving though they have big size of asset?

midareff wrote:
Mon Dec 11, 2017 1:17 pm
There were times in my life I was really, really, poor. I remember them and will made dam sure they don't happen again.
+1
by TheHouse7
Mon Dec 11, 2017 12:39 pm
Forum: Personal Consumer Issues
Topic: Do girls wear Ninja Turtle character shoes
Replies: 54
Views: 2660

Re: Do girls wear Ninja Turtle character shoes

I thought I could nip this topic in the bud. What a great community! :mrgreen:
by TheHouse7
Sun Dec 10, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to live on one income?
Replies: 70
Views: 5761

Re: Can we afford to live on one income?

Yes, just do it, the tax savings will be huge.

We just gave up 40k for my DW to stay home with our first.

I am shocked at your cheap child care option.
by TheHouse7
Sun Dec 10, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Do girls wear Ninja Turtle character shoes
Replies: 54
Views: 2660

Re: Do girls wear Ninja Turtle character shoes

Lime green is gender neutral and "toddler" doesn't have gender size differences. Look at the q&a section of the listing. I would get them, they look awesome!
by TheHouse7
Sun Dec 10, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 123
Views: 12794

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Routine helps many people because it takes some of the uncertainty and decisions out of life, always eat dinner at 6:30, invest $X a month, have a date with your spouse the third Friday of each month. Problem is when people become so rigid in their routine they can't comfortable go outside of it. B...
by TheHouse7
Sun Dec 10, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: 840 credit score Million dollar farm.. low income cannot get Heloc?
Replies: 64
Views: 4690

Re: 840 credit score Million dollar farm.. low income cannot get Heloc?

If the farm is worth a million dollars, presumably it is producing something? Why does your friend only have 50k of income from his antiques business and no income or cash flow from the farm? I don't think we're getting the whole picture . Besides, with manual underwriting, there will be banks, if ...
by TheHouse7
Sat Dec 09, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 49
Views: 6901

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

Thanks for the steal. I was just dreading TT bill coming up. :beer
by TheHouse7
Sat Dec 09, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 181
Views: 14653

Re: Save all this money, what do you splurge on?

Rockstar energy drinks, SNES classic scalped, new cheese slicers :annoyed
by TheHouse7
Sat Dec 09, 2017 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 6180

Re: Does this happen to you? Educating friends about personal finance

I'm 30, and had coworkers talk about 401k elections, I kept my mouth shut until one asked me what I do with my 401k. I sent him personally an email with a link to Bogleheads and "if you can" pdf.

He later asked if I could confirm if his elections were "right".

We have never spoken of it since. 8-)
by TheHouse7
Sat Dec 09, 2017 10:02 am
Forum: Local Chapters and Bogleheads Community
Topic: @@Happy Holidays Bogleheads. How others here helped you?
Replies: 49
Views: 3951

Re: Holiday thanks to Bogleheads. How have they helped you?

Portfolio stability and the encouragement to stay the course.

Merry Christmas and happy new year. :beer
by TheHouse7
Thu Dec 07, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1674

Re: Gift Giving Strategy for Married Couples

I don't ask for anything, and she finally got the hint this year, is going to buy a nice night out for the both of us (using both our gift money).
by TheHouse7
Wed Dec 06, 2017 8:58 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10840

Re: Price of haircut?

Will do good wrote:
Thu Nov 30, 2017 10:08 pm
Wife does the cutting. Free!
+1