Search found 298 matches

by thangngo
Wed Oct 18, 2017 6:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 68
Views: 11234

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

What do you think would be a fair price for active management? Compared to life strategy (comparing admirals), it's an extra 18bp for global wellington, and 15bp for global wellesley. Just how cheap do you expect active management to be? But that's its competition at Vanguard, IMO. Totally doing it...
by thangngo
Wed Oct 18, 2017 5:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Global Wellesley Income and Global Wellington Funds in registration
Replies: 68
Views: 11234

Re: Vanguard's Global Wellesley Income and Global Wellington Funds in registration

It's too expensive? If you already have 3 index fund portfolio, you can add large cap/small cap/value tilt if you want for a lot cheaper. https://investornews.vanguard/2-new-funds-aim-for-balanced-global-diversification-with-the-potential-for-enhanced-performance/?EXCMPGN=EM%3ARIG%3ACF%3APangolin%3A...
by thangngo
Wed Oct 18, 2017 2:12 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 1925

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

I know this is a ridiculous hypo, but if someone held a gun to your head, and force you to pick if the S&P 500 will rise or fall tomorrow, if you win you live, which would you choose? I know this doesn't appear relevant to this thread, but it will actually help me solve a problem with my personal i...
by thangngo
Tue Oct 17, 2017 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Should I start investing?
Replies: 19
Views: 1060

Re: Should I start investing?

$500.20/mo car payment for 6 years, that includes the 1.99% financing I got (33,000 left to pay) (I should have bought used but too late now and I love my car) It's a good lesson to learn from. You cannot afford the car but still took on a 6 year car loans that have monthly payment make a significa...
by thangngo
Tue Oct 17, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 67
Views: 6242

Re: Vanguard expects "decent sized correction" soon

Umm.. Let's make more money, spend less and save more. So whenever it comes, I'll buy :sharebeer
by thangngo
Mon Oct 16, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Joined the 1 comma club today!!!
Replies: 18
Views: 3388

Re: Joined the 1 comma club today!!!

Today I placed the order that gave me 1,000 shares of VTI (Vanguard Total Market ETF) in my taxable account. Reaching this mark as a goal for 2017 as I work to increase the amount of equities held in my taxable accounts. I am now a proud member of the 1 comma club . one comma as is 1,000 shares of ...
by thangngo
Mon Oct 16, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 92
Views: 5166

Re: How many miles/years do you keep your car?

bottlecap wrote:
Mon Oct 16, 2017 11:55 am
477,800 miles or 30 years, whichever comes first.

It's a close race as of right now.

JT
Very specific mileage: 477,800. Where does this magic number come from?
by thangngo
Fri Oct 13, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 92
Views: 5166

Re: How many miles/years do you keep your car?

My last 4 vehicles were driven up to 165K, 184K, 187K, 210K miles. I drove them until #1 they looked good or #2 when the repair costs were not justified. All of them were certified vehicles (14K-24K mileage range) and I bought the extended warranty up to 100K. Never bought a new vehicle in my life!...
by thangngo
Fri Oct 13, 2017 5:42 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 3722

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

I like your principle. Stand by it! I don't talk or text while driving either and I expect responsible drivers to do the same. In your case, just be honest and forthcoming with your client. Tell them that you will receive their callback once they get to their destination. As far as liability, my fir...
by thangngo
Fri Oct 13, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Does IRS have equivalent of credit freeze?
Replies: 20
Views: 1413

Re: Does IRS have equivalent of credit freeze?

Other than headaches having to deal with the IRS, you will not lose your money. It might be 6-12 months later and the IRS will look-at your return very carefully but the IRS will pay you every pennies that are yours. Stop worrying about things that might have happened. Keep your eyes open, be cautio...
by thangngo
Fri Oct 13, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 92
Views: 5166

Re: How many miles/years do you keep your car?

I only buy used car. My first car was a '98 Camry LE V6, 29k miles used. Bought at $9k cash (a new model would cost $18k at that time). I drove it for 13 years. It was around 225,000 miles. My second car is a '12 Camaro LT1 RS, 15k miles used. Bought at $20k cash (a new model would cost $32k at that...
by thangngo
Fri Oct 13, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11661

Re: 100% in bond to wait for market crash?

Just added another $50k to Total stock index. but still don't know what I am doing. Don't worry. That's the beauty of index investing. You don't have to know anything to be average. Some of the folks who "know what they're doing" will wind up doing worse. I agree. That's why I prefer using the term...
by thangngo
Fri Oct 13, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Stop playing the game in steps
Replies: 4
Views: 786

Re: Stop playing the game in steps

Does this make sense? - reach 1 m - secure 1 m, vanguard target retirement income fund - new money, vanguard total world stock index fund - repeat When you’ve won the game, stop playing. https://www.wsj.com/articles/how-to-tell-if-your-retirement-nest-egg-is-big-enough-1421726456 age 45 debt mortga...
by thangngo
Fri Oct 13, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Buying 2017 Honda CR-V
Replies: 32
Views: 2839

Re: Buying 2017 Honda CR-V

Well I've been a good Boglehead but my tired 2004 CR-V with 171K miles needs too much work to be worth keeping. So I drove a 2017 new CR-V base LX, no options, happy with it, sticker was $26,600 . . . can anyone give feedback what to expect for an out the door price. I'll pay cash and no trade in. ...
by thangngo
Fri Oct 13, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Which is the Most Tax-Efficient Method to Increase Your Cash Position?
Replies: 34
Views: 2261

Re: Which is the Most Tax-Efficient Method to Increase Your Cash Position?

I need to increase my liquid cash position by about 15-20k. Should I reduce my retirement contributions, or simply liquidate a portion of my taxable investments? Which option would have less impact on my tax burden? Details: - I'm single, with no kids - I live in Brooklyn, NY - I own no real estate...
by thangngo
Thu Oct 12, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Need help investing $1M in today's market
Replies: 24
Views: 3724

Re: Need help investing $1M in today's market

Did you set aside $ to pay tax on the $1M gain from the sale of your house? It's curious to see that you have a big paid off house and minimal savings. Did you use all your savings and paid off the house? If you don't want acute loss, use conservative asset allocation 20/80, 40/60 stock & bond. Look...
by thangngo
Thu Oct 12, 2017 11:53 am
Forum: Investing - Theory, News & General
Topic: Cash on the sidelines impact ?
Replies: 14
Views: 1464

Re: Cash on the sidelines impact ?

I was reading an article on cnbc and noticed the following - One of the greatest problems we still have in the world is how much money is sitting on the sideline," Fink said. "Even in places like Japan, there's $5 trillion in cash earning negative return. In Germany 72 percent of savings are in ban...
by thangngo
Thu Oct 12, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: 2018 Honda Accord
Replies: 53
Views: 4990

Re: 2018 Honda Accord

The Accord beats the Camry with infotainment: Apple Carplay and Android Auto. Probably no need to get Navi. Yes, but I wish Honda didn't omit the bird's view parking cameras. I use that pretty much every time I park - very useful. I don't know why they included pretty much everything you can think ...
by thangngo
Thu Oct 12, 2017 5:44 am
Forum: Investing - Theory, News & General
Topic: Buy when there's blood in the streets!
Replies: 39
Views: 6226

Re: Buy when there's blood in the streets!

After hearing "Buy when there's blood in the streets!" talk among investors over the years my question is for a index fund investor that's already fully invested without tons of cash laying around how could one actually "buy" any decent quantity of stocks upon a crash? If you're still working and m...
by thangngo
Wed Oct 11, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11661

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. I dont to want to s...
by thangngo
Tue Oct 10, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: 2017 Honda Accord Hybrid EX-L???
Replies: 15
Views: 1000

Re: 2017 Honda Accord Hybrid EX-L???

It's never a good deal when you buy things you don't need, regardless of how much discount they give you. It will be 2-4 years down the road when one of your cars hit 150k and you need to replace.
by thangngo
Mon Oct 09, 2017 7:20 pm
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3031

Re: My Son is buying a 2017 Toyota RAV 4

Ask him whether he has the cash to pay off the car right now? If not, tell him do not buy the car. If yes, then take the deal which has the lowest price.
by thangngo
Mon Oct 09, 2017 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Please define "cash"
Replies: 31
Views: 1958

Re: Please define "cash"

<r>Hi Folks,<br/> <br/> I've been posting along here and have been very pleased with the feedback I've received with my questions thus far. So...I have another one for you!<br/> My question...<br/> What is meant by the term "cash" as it relates to one's portfolio asset allocation?<br/> In other wor...
by thangngo
Mon Oct 09, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 4781

Re: Is there boglehead consensus on buying a car?

I haven't owned one in some time, and now need to buy one. I understand that tastes will differ. And I can do my own searches for consumer review type sites. Is buying a used car 3-5 years old still conventional wisdom, or are new cars ever a good bet? It seems clear to me to default towards a reli...
by thangngo
Fri Oct 06, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 1884

Re: Time Value of Money (Young Investors)

It is also important to save more and save often. Imagine you put away $5k every month until you retire and re-run the number. 60k/year from 18 to 65 yields 237 million. Somewhat unrealistic unless you have a very good job which you could reasonably have by age 30: 60k/year from 30 to 65 yields 100...
by thangngo
Fri Oct 06, 2017 11:47 am
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 1884

Re: Time Value of Money (Young Investors)

It is also important to save more and save often. Imagine you put away $5k every month until you retire and re-run the number.
by thangngo
Thu Oct 05, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3786

Re: How do you value your time?

I'm the kind of person who parks a mile away to avoid paying $20 for parking. I recently got married so this behavior is creating a lot of conflict. My spouse believes in "paying for convenience". I need help in how to value my time so I can find some common ground with my spouse. If I take my annu...
by thangngo
Wed Oct 04, 2017 7:32 am
Forum: Investing - Theory, News & General
Topic: Does anyone hold cash?
Replies: 58
Views: 5538

Re: Does anyone hold cash?

Understandably stock is risky. For someone who is near retirement should evaluate his/her overall risk. But I agree with you that the suggested allocation in that article is way off. I would not hold that much cash, maybe 6 month expenses - not 20%. Your current allocation is on point! :beer
by thangngo
Tue Oct 03, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3682

Re: Chickened out... Now unsure where to start.

How do you feel investing everything in stock right now? 80/20 US and ex-US equity. No? Then how do you feel investing 60 stock / 40 bond now? If you still don't know the answer or feel so emotionally attached to your investment, get a financial advisor and be done with. When it comes to make bad de...
by thangngo
Mon Oct 02, 2017 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Cash on hand for emergencies
Replies: 41
Views: 2788

Re: Cash on hand for emergencies

Stop being paranoid. $100 or less cash is more than sufficient.
by thangngo
Mon Oct 02, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Budgets: how do you track irregular income and expenses
Replies: 35
Views: 2357

Re: Budgets: how do you track irregular income and expenses

OP, If your expense is under control, why do you need to budget? I do not budget my expense. I make sure that I save enough every year. Then, I spend the rest. I do track my expense annually. KlangFool That's what separate being average and being exceptional. With a budget, one can keep track of ex...
by thangngo
Mon Oct 02, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9704

Re: Current Bull Market could last years

Just read an article that details pretty logical reasons why this bull market can last years and years: http://www.marketwatch.com/story/this-is-why-the-bull-market-can-keep-running-for-years-even-if-investors-dump-stocks-2017-09-29?siteid=yhoof2&yptr=yahoo I am wondering if it is time to rewrite a...
by thangngo
Mon Oct 02, 2017 12:20 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9704

Re: Current Bull Market could last years

Just read an article that details pretty logical reasons why this bull market can last years and years: http://www.marketwatch.com/story/this-is-why-the-bull-market-can-keep-running-for-years-even-if-investors-dump-stocks-2017-09-29?siteid=yhoof2&yptr=yahoo I am wondering if it is time to rewrite a...
by thangngo
Mon Oct 02, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 3970

Re: I bought a car without thinking too much about value

Yeah you should buy used in the hindsight. It's a luxury to buy brand new car, regardless of the brand and model. You'll save 5k easy. You just added 4k to your 25k annual living expense to bring it up to 29k without considering insurance, tax, parking, toll registration, etc. But the fact that it w...
by thangngo
Sat Sep 30, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Two year lease vs Buy and hold 10 years. A wash?
Replies: 54
Views: 4170

Re: Two year lease vs Buy and hold 10 years. A wash?

Did you consider that you'll have to pay full coverage insurance when you lease or still have car loan? By buying used, you have the option to carry liability only + uninsured coverage. The difference between the two policies is huge. My car if bought new will be 30k plus tax and fee. I bought a 2-y...
by thangngo
Fri Sep 29, 2017 2:11 pm
Forum: Investing - Theory, News & General
Topic: Likelihood of a crash and lump sum investing
Replies: 32
Views: 2670

Re: Likelihood of a crash and lump sum investing

I've only recently started to learn more about investing and economics, so apologies in advance. I've read on here and on other sites that if one would have a larger sum to invest, on average there wouldn't be a financial advantage of doing dollar cost averaging vs lump lump sum. The point that sta...
by thangngo
Wed Sep 27, 2017 5:18 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 58
Views: 5442

Re: Is the new Chevy Equinox any good?

The only acceptable cars on this forum is toyota and Honda. Mazda is ok if you want to be unique. Umm no. If I buy a car, it will not be a toyota (with the way they're building their vehicles now). I could do a lot better than boring, ugly, flimsy, and slow vehicles built by toyota. I understand th...
by thangngo
Mon Sep 25, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11622

Re: Lifestyle Creep

Thanks in advance for anything you share here! I have renewed interest in learning about and increasing my own awareness of lifestyle creep. I am hoping others will share personal situations where they experienced or resisted this issue. What have you dealt with? What creep came into your life that...
by thangngo
Mon Sep 25, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6141

Re: Spouse Money Management

hey Bogleheads, What money management system do you use with your significant other (or have you heard of any good ones)? I am a saver and my gf (of 2 years) is a spender who makes very little working part time a a college student. I make about 15x what she makes in a week. My take home pay = $35k/...
by thangngo
Mon Sep 25, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Is it a stupid financial decision to rent for another year?
Replies: 13
Views: 878

Re: Is it a stupid financial decision to rent for another year?

There are lots of factors when trying to figure out if it's the right time to buy, but right now I'm trying to put a number on the cost. Here are some factors: -HHI ~ $400k -current rent $3600 -House to buy would be $~1.4 -$500k down payment, so potential $900k mortgage (PITI ~$5k/month) -2 kids -n...
by thangngo
Fri Sep 22, 2017 3:51 pm
Forum: Personal Consumer Issues
Topic: IOS 11: Anybody using it yet?
Replies: 48
Views: 4471

Re: IOS 11: Anybody using it yet?

I used iOS 11 on iPhone 6 since it was the first beta release. I've been using new features for a while. No groundbreaking or anything. The final version is snappy.
by thangngo
Fri Sep 22, 2017 10:27 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3959
Views: 1053403

Re: U.S. stocks in freefall

It`s truly amazing that with all the trouble and threats in this world that the stock market shrugs it off and goes higher. That`s a good lesson for the readers of this website to not be influenced by the daily news in managing your portfolio. Sometimes the daily news influences the markets and som...
by thangngo
Thu Sep 21, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Would you get flood insurance?
Replies: 25
Views: 1402

Re: Would you get flood insurance?

So I live in Houston and my house did not get flooded during Harvey. The water didn't even come up the drive-way. I'm debating on getting flood insurance. I'm not in a flood zone (apparently i'm in the 500 year flood zone according to the county). Would you get flood insurance now even though your ...
by thangngo
Wed Sep 20, 2017 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 25245

Re: Calling out the not so rich bogleheads

It's a great motivation! You see someone who is doing so well, you'll work your butt off to be like that person. You see someone who has a great idea, you admire it and implement it in your life. You see someone sharing their mistakes, you understand their mistakes and keep them in the back of your ...
by thangngo
Wed Sep 20, 2017 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: 33yo with 80/20 AA
Replies: 11
Views: 1241

Re: Portfolio Review: 33yo with 80/20 $650k portfolio

Is there a typo in federal and state tax rate? How do you get tax rate so low? I tilt to small cap like you do 20% versus your 27% total. I also have 20% international equity. It's your call to add value fund to international. It will go against your goal to keep things simple. I own VEA (developed ...
by thangngo
Tue Sep 19, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: Car recommendation
Replies: 18
Views: 1609

Re: Car recommendation

We are 30s DINKs living in a city center. We currently lease a BMW X1. Lease is up soon and will be in the market for a new set of wheels. here is some more info: 1. We drive 7-8k/year in an urban environment and street park. 2. Safety features and technology (e.g. Apple Carplay) are most important...
by thangngo
Tue Sep 19, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: IHG hotel booking - Reward Night unavailable
Replies: 15
Views: 927

Re: IHG hotel booking - Reward Night unavailable

I recently got a Chase IHG credit card. Almost as soon as a received the signup bonus, the Reward Night I had been "banking on" disappeared. :annoyed The hotel told me they only offer a limited number of Reward Nights, once they are booked that's it. The "only" way I can get a Reward Night, for the...
by thangngo
Tue Sep 19, 2017 1:47 pm
Forum: Investing - Theory, News & General
Topic: What is the main purpose of rebalancing?
Replies: 59
Views: 4750

Re: What is the main purpose of rebalancing?

All main U.S. stock indexes are reaching historic new highs, and bond indexes are dropping. It seems to be a good time to rebalance. However, it is painful to sell the winners and buy the losers. So what is the main purpose of rebalancing? Is it preserving the stability of a portfolio, or increasin...
by thangngo
Mon Sep 18, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Save/invest and buy house with cash - yes/no?
Replies: 16
Views: 1144

Re: Save/invest and buy house with cash - yes/no?

Just toying with this idea this morning... Has anyone on this board ever done this or considered doing this? Instead of getting a mortgage on a house (first home), continue to rent, save, invest, and accumulate enough cash to pay for a house in cash. Or at least have the option of using 100% cash f...
by thangngo
Mon Sep 18, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18241

Re: Is it really Worth it to brown bag your lunch at work?

Most people values financial saving aspect more than health in this "brown bag your lunch" discussion - which I don't agree. If you already establishes a saving rate towards your goals, the money you save from eating out bucket would likely be spent on other budget categories. In my case, half of it...