Search found 341 matches

by thangngo
Fri Nov 17, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Forgot to file form 5500EZ for 2016 year
Replies: 18
Views: 785

Re: Forgot to file form 5500EZ for 2016 year

Have you looked into the first time penalty waiver for late filing? It's a one-time deal and should be automatic. No I haven't. All I have seen is that I can ask for a waiver but that if I'm denied I have to pay the full penalty. Is what you are referring to a broad policy, or something specific to...
by thangngo
Fri Nov 17, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Is it a bad idea to invest several times a month?
Replies: 10
Views: 707

Re: Is it a bad idea to invest several times a month?

I'm starting to get in the habit of investing any additional money I get/save throughout the month (e.g. refund check, etc) with Fidelity. These amounts are sometimes as small as a few dollars. In terms of context, I already max out my tax advantaged accounts and have sufficient emergency fund so t...
by thangngo
Fri Nov 17, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Forgot to file form 5500EZ for 2016 year
Replies: 18
Views: 785

Re: Forgot to file form 5500EZ for 2016 year

Have you looked into the first time penalty waiver for late filing? It's a one-time deal and should be automatic.
by thangngo
Thu Nov 16, 2017 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Finance Simplicity
Replies: 35
Views: 1446

Re: Finance Simplicity

that's the thing; If Im making money - i'll pay taxes on it. Not an issue in a future 15% tax bracket. I'm not rich - just want to retire comfortably. I wont have to worry about hiding money from the govt. Seems to me everyone is so worried about not paying taxes and hiding money in all these diffe...
by thangngo
Thu Nov 16, 2017 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Finance Simplicity
Replies: 35
Views: 1446

Re: Finance Simplicity

Only in the U.S.A. do we have IRA's, Roth IRA's, 401K's, ROTH 401k's, SEP 401K's, Government Retirement accounts, HSA's, and ect. It's almost too much for the average person to split their checks in all these different pots. Has any one just decided to just [(removed) --admin LadyGeek] go simple. 1...
by thangngo
Wed Nov 15, 2017 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 149
Views: 11265

Re: Why pay cash for a car?

I just don't see how it makes sense from a strictly financial point of view to pay cash when you can get a zero or low interest loan, with no discount to the purchase price if you pay in a lump sum. Time value of money, extra liquidity, opportunity costs on the lump sum amount, better credit scores...
by thangngo
Tue Nov 14, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Mother in retirement: Withdraw annually or monthly?
Replies: 19
Views: 1883

Re: Mother in retirement: Withdraw annually or monthly?

For my parents, I set it up as 60/35/5 equity/bond/short-term savings and sell order for a fixed amount every month. The 5% cash serves as emergency fund should they need it. They will sell/withdraw every month to pay for expense when they need it. It won't make a big difference in either case. Make...
by thangngo
Tue Nov 14, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3388

Re: Borrowing from parents - what interest rate?

Don't do it. I support this. OP: It's a terrible idea. Why would you do this to your parents? Don't put their retirement savings at risk. In addition, you will short-charge them if you pay them less than the after-tax return of the bond that your parents would have had if they did not give you a lo...
by thangngo
Tue Nov 14, 2017 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Where to take more risk: 401k or Roth?
Replies: 32
Views: 2784

Re: Where to take more risk: 401k or Roth?

I'm sure this question has been asked before, but I couldn't find it. Sorry if it's substantially redundant. Send links if it is. For someone who has both a 401k and a Roth IRA, where should that person put the riskier assets?. Or say that person ultimately wanted a 75/25 stock/bond overall portfol...
by thangngo
Mon Nov 13, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum or DCA in a Roth?
Replies: 11
Views: 464

Re: Lump sum or DCA in a Roth?

I convinced my girlfriend to fund her schwab roth IRA recently. She put in a transfer for the whole 5500 and told me to invest it for her. I'm going to invest in either SWPPX or SWTSX. Would you guys recommend I invest the full 5500 all at once or use the dollar cost average method? Thanks in advan...
by thangngo
Mon Nov 13, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Losing all of your savings.
Replies: 41
Views: 5472

Re: Losing all of your savings.

volimsmes wrote:
Mon Nov 13, 2017 11:31 am
i've lost all of my savings because of stupid investments. How should I mentaly deal with situaction like this?
Please do tell. What exactly did you do?

I was thinking you invested in bitcoin when I read your post, but I could be wrong.
by thangngo
Mon Nov 13, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 149
Views: 11265

Re: Why pay cash for a car?

For the same reason I pay cash for refrigerators. Or groceries. Or a pack of gum. ^ this. I also DO NOT like paying interest expense. I do NOT like to pay high insurance premium than I need. If I'm offered a better deal for a car loan, I will take it and then immediately pay it off. So I won't pay ...
by thangngo
Mon Nov 13, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for 5% return
Replies: 59
Views: 3905

Re: Asset allocation for 5% return

Hi everyone . I am in a situation where I need to manage an investment account to get 5% annual yearly return . I plan to do this with low cost index funds or ETFs at one of the major brokerages like Vanguard, Fidelity or Schwab. What asset allocation of funds do you think would have best chance of...
by thangngo
Mon Nov 13, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Invest all my savings in a house?
Replies: 10
Views: 1173

Re: Invest all my savings in a house?

Don't do it. Terrible idea.
by thangngo
Sat Nov 11, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: A penny saved is NOT a penny earned ..
Replies: 16
Views: 2206

Re: A penny saved is NOT a penny earned ..

What I see many "financially challenged" folks do often goes something like this: 1. Get a raise or new job earing $5,000 per year more. 2. They spend (or commit) $5,000 more in spending or obligations soon after 3. At the end of the year - they wonder why they are deeper in debt. Wishful thinking:...
by thangngo
Sat Nov 11, 2017 4:39 pm
Forum: Investing - Theory, News & General
Topic: What do people mean when they say their SWR is X% or they have X times expenses?
Replies: 27
Views: 2035

Re: What do people mean when they say their SWR is X% or they have X times expenses?

When people say their savings are enough that they can live on a 2% or 3% SWR or that they have 25, 30 or 40 times expenses are they talking about at once they start to draw SS and pension or before. It would seem to me the before and after calculations of WR and multiple of expenses will be quite ...
by thangngo
Sat Nov 11, 2017 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: A penny saved is NOT a penny earned ..
Replies: 16
Views: 2206

Re: A penny saved is NOT a penny earned ..

Let's not make it complicated. A dollar is a dollar. If you spend a dollar, it's gone. If you save a dollar today, you will have a dollar today and probably two dollars 9 years down the road. (72/8%)
by thangngo
Fri Nov 10, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 153
Views: 11478

Re: Why NOT make more money?

So why NOT make more money? To me this is a rhetorical question. It's very obvious that if you can make more money then you should. When you start young, do everything you can (and then go extra mile) to earn and save as much as you can. Why not strive to be the top performer? Why not be the fastes...
by thangngo
Fri Nov 10, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: When is a good time to rebalance?
Replies: 30
Views: 2236

Re: When is a good time to rebalance?

My portfolio is out of wack... I'm 65% domestic stocks 20% foreign stocks and 5% Reits right now.. When should I rebalance? since VTI is doing so well, does it make sense to rebalance now, like sell when high, and buy something else that is low like Reits? (I would do these all in my tax advantaged...
by thangngo
Fri Nov 10, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099291

Re: U.S. stocks in freefall

Should we start a "bond prices in freefall" thread? Can someone explain the reasoning behind this relatively big bond fall? I don't see any news that would affect it today, and the rate hike in December has already been factored into the price a long time ago. I'm guessing it's due to supply and de...
by thangngo
Thu Nov 09, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099291

Re: U.S. stocks in freefall

Is it a snowball just started rolling? Or just a typical down day?
by thangngo
Thu Nov 09, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12756

Re: Why make more money?

Reading from this thread, there are folks that wouldn't want to be at their job if not for money. They rather spent time at home and/or other leisure activities. It's sad that this group cannot find purpose and fulfillment with their career. It's horrible if you spend your entire working life withou...
by thangngo
Wed Nov 08, 2017 6:23 pm
Forum: Personal Consumer Issues
Topic: Which heart rate monitor is the most accurate?
Replies: 21
Views: 1288

Re: Which heart rate monitor is the most accurate?

The only thing important is the heart rate monitor. I do not care how accurate any of the other functions are. The Fitbit Alta HR has good reviews. Fingers on the wrist and a clock. ^ this. Count how many heart rate for 10 seconds, then times 6. I also use Apple watch to constantly keep track of he...
by thangngo
Wed Nov 08, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12566

Re: How old are you and how much do you save for retirement a year

I am 34 years old and I currently save $12000 a year for retirement Me early 30: 22,000 401k including employer contribution 5,500 Roth IRA 15,000 taxable Wife 30: 15,000 401k including employer contribution 5,500 Roth IRA 5,000 CDs/saving account This year, we combine bring in 180k annually before...
by thangngo
Wed Nov 08, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12756

Re: Why make more money?

This discussion reminds me of a great parable I came across a few years ago, "The Mexican Fisherman and the Investment Banker" -Author Unknown An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat wer...
by thangngo
Tue Nov 07, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9299

Re: "$1 Million is Closer Than You Think"

Bogleheads: Unusual advertisement in the New York Times by Vanguard: $1 Million is Closer Than You Think Your thoughts? Best wishes. Taylor It sounds like a marketing soundbite. $1 million is nowhere closer if you don't save. The ads should include the power of compound interest and the importance ...
by thangngo
Tue Nov 07, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 9544

Re: Disposable income... how?

Seriously I don't understand how people can just buy new phones, new vehicles and still go out every Friday eat a nice dinner and drink craft beers. How can people do that? Here is my life in a nutshell.. I am above the national average for income. Our household pulls in 100k a year with no cost me...
by thangngo
Mon Nov 06, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099291

Re: U.S. stocks in freefall

It's selling time when the market is on fire. :sharebeer
by thangngo
Mon Nov 06, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: Climate controlled cars - Useful or Useless?
Replies: 49
Views: 2080

Re: Climate controlled cars - Useful or Useless?

I'm with you. I have a 2012 Camaro that has a manual A/C control, which my wife absolute dislikes it. She drives a 2014 Rouge that has climate control, which I find very annoying. I'm guessing you're out of luck with recent car models because most of them have climate control (?).
by thangngo
Mon Nov 06, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12756

Re: Why make more money?

It's an attitude and approach. You don't settle for average. You push your limits and raise the bar. 30x expenses is a good milestone to know where you are at, but not the finish line where you have to drop everything and waste your potentials. That seems to presume that making money from something...
by thangngo
Mon Nov 06, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12756

Re: Why make more money?

Lets just assume that you are healthy and financially OK. You have have 30x expenses in investments plus whatever socials security will eventually give you in some distant future. You have no debt and the kids college is covered. You don't live extravagantly, but you have enough to travel, eat out,...
by thangngo
Fri Nov 03, 2017 1:58 pm
Forum: Personal Consumer Issues
Topic: GPS watch
Replies: 22
Views: 1678

Re: GPS watch

I am looking for a good GPS watch. It must be able to track run, bike, swim indoor, and swim outdoor. Budget = $300. No objection to spending more for a substantially better watch. Thank you Apple Watch. Series 2 if you want to buy it cheap. Series 3 if you want latest watch. My wife and I both hav...
by thangngo
Thu Nov 02, 2017 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Lease New Car?
Replies: 38
Views: 4338

Re: Lease New Car?

Decided to start a new thread of leasing.... So I have never leased prior and am now considering a lease. I have a 2015 Subaru Outback Limited w/ 29k miles and it cost $36k. I owe $26k and my payment to pay off in 3 years would be about $750. My math is as follows. 1) Lease a car for $300 a month w...
by thangngo
Thu Nov 02, 2017 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Put cash into a home or stock market.
Replies: 30
Views: 3449

Re: Put cash into a home or stock market.

Im 29 and have about 95 k saved outside my 401k. My grandmother will be selling me her house for a bargain $135,000. The homes value is estimated at 165 to 175k. My question is, should I put 90 k in as a down payment? It seems as though I will make money immediately on equity of about 20 to 25k. Or...
by thangngo
Thu Nov 02, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: What Type of Account to Save for Kid's 1st Car?
Replies: 29
Views: 1146

Re: What Type of Account to Save for Kid's 1st Car?

Good afternoon! I am wanting to put aside a little money for both my kids for their first cars. What type of account should I save it in? I have a simple IRA, Roth IRA, two 529 accounts and a money market account. The money market only earns 1.2%, so I would like a greater return, but can't put the...
by thangngo
Thu Nov 02, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Do you Mow your own Lawn?
Replies: 90
Views: 2827

Re: Do you Mow your own Lawn?

Yeah I mow my own lawn.
by thangngo
Tue Oct 31, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Parked Car Hit and Need Advice
Replies: 16
Views: 2087

Re: Parked Car Hit and Need Advice

Fast forward to 10-15 years later, you'll pick up a handful of scratches and dings to your car. Don't worry about it. Move on. Try to see the forest, not the trees. Next time, make a habit of circle around the back of your car before getting inside the car. You'll have some time to do a quick eye-ch...
by thangngo
Tue Oct 31, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5368

Re: New Car: Ever make sense to lease?

If you can lease for $150/month or under (all included), then I would not call it the most expensive. That’s not a bad deal. Never say never. Can you give an example for $150/month lease all inclusive? Did you factor in first payment? some might charge $3k to $5k on top of the $150/month payment.
by thangngo
Fri Oct 20, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 26724

Re: Sitting on cash....Waiting for a crash

If you working, making money and saving, you continue of have cash inflow every pay period. Until your porfolio exceeds 500k or more, saving rate is the driver of building your net worth. That said, with the stock price is bulling, it's a good idea to cash in stock gain by rebalance your porforlio ...
by thangngo
Fri Oct 20, 2017 11:22 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 26724

Re: Sitting on cash....Waiting for a crash

I' am 100% invested in stocks. According to my Vanguard sign in page I' am up 15% this year. I' am a long term buy & hold investor. I dca each & every payday. If the market goes down I'll consider it on sale & buy as much as I can. I have the willingness, ability & time to take the risk. I' am very...
by thangngo
Thu Oct 19, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: Is a crash coming soon?
Replies: 64
Views: 5635

Re: Is a crash coming soon?

Hi everyone! Rather new to the forum here. If im not wrong, bogleheads believe that: 1. There's no way to predict what will happen to the market in the short term 2. Past history is not an absolute indicator for future performance/what will happen But just by looking at this very "unscientifically"...
by thangngo
Thu Oct 19, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: Wife New Car Recommendations - SUV
Replies: 55
Views: 5006

Re: Wife New Car Recommendations - SUV

Hi All, My wife is wanting a new car (currently has a 2010 Nissan Cube that she absolutely hates) so we are entertaining the idea of starting to look for cars. I asked her what she wants in a car and she said "just to look cool and have good features" so it is clear that she doesn't really care abo...
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 [now available]
Replies: 112
Views: 25407

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 [now available]
Replies: 112
Views: 25407

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: 2306

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: 1267

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: 68
Views: 7161

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: 3552

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: 108
Views: 7397

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?