Search found 435 matches

by harvestbook
Sun Sep 16, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: International mix
Replies: 7
Views: 625

Re: International mix

I think you're fine. When I started reading Bogleheads 2-3 years ago, I was scared into buying bonds, which of course in retrospect was about the worst possible time to do so. I'm now at 90/10 at age 56 with my US/international at 55/45 and that's okay with me, but if I'd never read this site I'd pr...
by harvestbook
Sat Sep 15, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: setup 529 with doubts
Replies: 12
Views: 822

Re: setup 529 with doubts

Unless you think college will be free, then there's no real downside in savings besides the usual unknowns we deal with every day. If for some reason public universities were free within 15 years, that likely wouldn't cover private colleges or most forms of post-graduate study. And in that case the ...
by harvestbook
Thu Sep 13, 2018 7:56 am
Forum: Personal Consumer Issues
Topic: Buying a house 1 mile away from a municipal landfill
Replies: 43
Views: 3318

Re: Buying a house 1 mile away from a municipal landfill

To me, water quality is the primary issue. If it's well water, that's dangerous due to off-site leaching of heavy metals and contaminants. We had a major battle over an old town landfill that the county took over, with decades of lawsuits, the town cutting off public water service to county faciliti...
by harvestbook
Tue Sep 11, 2018 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Fine tuning income around the ACA cliff
Replies: 24
Views: 1885

Re: Fine tuning income around the ACA cliff

We're in a similar boat, likely switching to ACA next year (almost certainly.) We're both self-employed with uneven income. Since this is the expected last year of private insurance, I am either thinking of a huge Roth conversion this year or waiting until 65 and do them over several years. It's ann...
by harvestbook
Mon Sep 10, 2018 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 66
Views: 5511

Re: Vacation house? Need objective third party

where the kids and I would spend the summers, with my spouse spending as much time there as possible (he travels frequently for work) I have enough trouble keeping with one house I never wanted 2. :D From friends that had a vacation place 1. many found that as the kids age they often didn't want to...
by harvestbook
Fri Sep 07, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 3899

Re: Psychology of saving for college vs retirement

As I shared in the other thread, we aimed for half of expected college expenses and right now it looks like that will be close to the right number. For me, it's as simple as wanting my child to have a better life than I did, retirement included, since I came from a family were college was not an aut...
by harvestbook
Wed Sep 05, 2018 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9739

Re: Max you should invest in a 529?

I aimed for about half of expected college cost. State university enrollment started for us this year. Based on the scholarships, grants, etc. received this number will be about right for us, with likely some left over. I can take out the scholarship match and pay the gains taxes but I'll just leave...
by harvestbook
Fri Aug 31, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: All-value portfolio tilt on 3-fund portfolios
Replies: 6
Views: 637

Re: All-value portfolio tilt on 3-fund portfolios

I use a modified Merriman portfolio (Ultimate Buy-And-Hold with a lot lower bond percentage and some other minor tweaks) but it's really just another box that might be needlessly complex and offers no guarantees. If you aren't affected by the recency bias of Value's poor performance in the last deca...
by harvestbook
Tue Aug 28, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Health care question - self employed- Whats your plan? Advice Needed
Replies: 18
Views: 1436

Re: Health care question - self employed- Whats your plan? Advice Needed

There are multiple threads on "best HSA plan" here, almost universally featuring posts by people who all think THEIR plan is the best! It depends on how you plan to use it--whether it's a stealth IRA for you, or you actually use your account for current expenses, how often you contribute, etc (some ...
by harvestbook
Thu Aug 23, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Test your cognitive biases
Replies: 89
Views: 5247

Re: Test your cognitive biases

Is there a name for the bias that causes you to only take tests you know you can ace?

Because I definitely am not taking this test!
by harvestbook
Tue Aug 21, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Lively HSA: Which TDA fund to invest in?
Replies: 17
Views: 707

Re: Lively HSA: Which TDA fund to invest in?

Although I use my HSA as a back-up retirement plan, I also must face the possibility that it might actually have to be a pool to pay for health costs as intended, and not necessarily used at my whim. Therefore, I have mine set up as its own AA, independent of other retirement funds. I wouldn't be co...
by harvestbook
Tue Aug 21, 2018 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Self Employment, Taxes and ACA
Replies: 8
Views: 449

Re: Self Employment, Taxes and ACA

As a self-employed S-Corp owner, we're almost certainly going to shift to ACA next year despite the uncertainty, and really should've used it the last couple of years. With some flexibility in setting salary, matching 25 percent of maxed-out solo 401k, deducting health care and expenses, we can do a...
by harvestbook
Wed Aug 15, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: For i401k, Vanguard does not allow investment into Admiral Shares
Replies: 32
Views: 1914

Re: For i401k, Vanguard does not allow investment into Admiral Shares

I did my i401K at Vanguard because everything else was there, so it was familiar and convenient even with the lack of admiral funds. Today I would probably start with Fidelity but not really motivated to switch it right now. I just use the Lifestrategy Growth fund and ignore it, so in a way it simpl...
by harvestbook
Mon Aug 13, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets
Replies: 67
Views: 10044

Re: New York Times--Vanguard Warns of Worsening Odds for the Economy and Markets

What historically has happened after a 10 year bull market run? It's been 10 years if you measure wrong. Many people count the bull to new all-time highs in 2013, and even that's been broken since. Aside from the steepness of the last two crashes, the market looks pretty much the same as ever. We'v...
by harvestbook
Thu Aug 09, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: "The Longest Bull Market of All-Time?"
Replies: 15
Views: 2489

Re: "The Longest Bull Market of All-Time?"

If the 2000 and 2008 crashes had been long, meandering declines and lingering bear markets instead of generational, dramatic events, not as many people would be bracing for another generational crash. Just another form of recency bias.
by harvestbook
Wed Aug 08, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 504
Views: 111046

Re: Anyone regret paying off mortgage early?

This thread started in 2012. I wonder if anybody who responded back then now regrets having put all that money into their home equity instead of having that several hundred thousand dollars invested into the stock market at the beginning of a multi year bull run? The returns in the market have grea...
by harvestbook
Sat Aug 04, 2018 6:41 am
Forum: Investing - Theory, News & General
Topic: Using 529 Like a 401k (not for education!)
Replies: 8
Views: 1351

Re: Using 529 Like a 401k (not for education!)

I'm already hesitant to pull out non-qualified money from ours that aren't penalized because they are scholarship matches. Paying taxes on the gains now seems kind of foolish, even though we're likely going to end up not spending the entire 529. I'd rather pass the tax-free benefits down the line th...
by harvestbook
Mon Jul 30, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Should I move to cash in my child's Pennsylvania 529 plan?
Replies: 6
Views: 669

Re: Should I move to cash in my child's Pennsylvania 529 plan?

I was 70/30 with stocks split 50/50 between national and international at child age of 15. Now I am at 60/40 as she enters first year. As tenkuky pointed out, I am looking at longer term since medical school is the goal. I may go even split between stocks and bonds as we get a couple of years into i...
by harvestbook
Thu Jul 19, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 75
Views: 11253

Re: I may have understood why it's so hard to save and invest

I've looked around for easy ways to make money and nothing seems lazier or better than just sticking it in the market and letting time do the work.
by harvestbook
Sun Jul 15, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3655

Re: Like Lifestrategy Funds but???

It's the second-largest asset class in the world behind international real estate. So any deviation from that is an active decision. My 401k is LS Growth and I'm fine with a slice of it, even though I am wildly underweight global cap. I doubt if anyone in the world holds a true market-weight portfol...
by harvestbook
Fri Jul 13, 2018 6:47 am
Forum: Investing - Help with Personal Investments
Topic: 26 years old. Roth ira with edward jones last 3.5 years.
Replies: 44
Views: 2728

Re: 26 years old. Roth ira with edward jones last 3.5 years.

Those funds likely carry an additional .25 percent 12b-1 fee used to advertise the mutual fund. Edward Jones also gets kickbacks on many funds: https://www.edwardjones.com/planfees/fees-compensation/networking-service-fees-shareholder-accounting.html I'd rather pay off debt than buy yachts for Edwar...
by harvestbook
Sun Jul 01, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11481

Re: Feel like I'm sinking money into international

[/quote]

+1 nor I. But hey, maybe Munger, Buffet and Bogle, three of the smartest investing minds of the last hundred years are wrong. Maybe....but I sincerely doubt it.
[/quote]

It'd be great if we got the one hundred years they had but we don't.
by harvestbook
Sat Jun 23, 2018 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Feel like I'm sinking money into international
Replies: 100
Views: 11481

Re: Feel like I'm sinking money into international

Hamburger is on sale yet you want steak.

There will still be beef 10 years from now.
by harvestbook
Thu Jun 21, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: is Ed Jones always bad news?
Replies: 29
Views: 3559

Re: is Ed Jones always bad news?

EJ gets kickbacks on certain funds, particularly American funds. So it's not surprising they often find them "appropriate."
by harvestbook
Tue Jun 19, 2018 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Investing With Healthcare $$ Concerns
Replies: 10
Views: 949

Re: Retirement Investing With Healthcare $$ Concerns

If your wife isn't working and your income is low, you might look at enrolling in an ACA plan instead of COBRA, or at least compare as an option. I empathize with your worries. I'm 10 years from Medicare and as a self-employed couple with private insurance, every single decision feels like a walk th...
by harvestbook
Wed May 30, 2018 9:36 am
Forum: Personal Consumer Issues
Topic: Advice on neighbor not keeping up his property...
Replies: 103
Views: 7887

Re: Advice on neighbor not keeping up his property...

Works both ways. I don't want you sticking your nose over my fence telling me what to do or living to your standards. That's why I choose to live where everybody minds their own business.
by harvestbook
Sat May 26, 2018 11:59 am
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 13087

Re: Why Edward Jones?

Our small town has two EJ advisors. They run a regular column in the local paper, too (I imagine it's a corporate-issued generic column they put their faces to). The copy makes them sound imminently reasonable and conservative ("Invest for the long haul, slow and steady, etc.") Between that and the ...
by harvestbook
Thu May 17, 2018 7:45 pm
Forum: Investing - Help with Personal Investments
Topic: Do I pay towards my mortgage or invest?
Replies: 45
Views: 4926

Re: Do I pay towards my mortgage or invest?

My wife had a goal of kitchen reno with granite counter tops when we met a specific savings goal (half of our projected retirement needs.) I reluctantly agreed, since I am a simple guy who doesn't like change but also wanted to keep her motivated with savings. Now that we're almost there, she says, ...
by harvestbook
Mon Apr 30, 2018 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Taxes, Solo 401k, and advice
Replies: 6
Views: 461

Re: Taxes, Solo 401k, and advice

I don't know about the car, but you can hire your husband and he can be in your solo 401k if he works for the business and is compensated appropriately for his duties (if maxing out your own 401ks is a concern for you).
by harvestbook
Sun Apr 29, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: HSA Charging Monthly Fee - How to Avoid it?
Replies: 6
Views: 695

Re: HSA Charging Monthly Fee - How to Avoid it?

We have a cash-flow HSA at the local credit union with no fee and pays 1.5 percent. Not a long-term solution but for a low account it works well.

(We have another HSA we use for investments that does have fees.)
by harvestbook
Sat Apr 28, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Last logon not registering at Vanguard
Replies: 3
Views: 466

Re: Last logon not registering at Vanguard

I got a "Vanguard doesn't recognize this computer" when I tried to log in Friday. It's the only computer I've ever used to do so. I'll try again Monday before calling.
by harvestbook
Tue Apr 24, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio
Replies: 32
Views: 4824

Re: A Challenge To The 3 Fund Portfolio...The 2 Fund Portfolio

I'm making a minor bet that the next 30 years won't be like the last. I'll stick with broad diversity even if the difference likely won't be great.
by harvestbook
Sat Apr 21, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: NYT article: Everyone should hire a financial planner
Replies: 103
Views: 10401

Re: NYT article: Everyone should hire a financial planner

It's not like financial planners don't have a whole raft of cognitive biases of their own, including the ultimate bias of needing to make money off of you. After escaping Edward Jones I've tried a couple of times to find a fee-only adviser for a checkup/overview but end up annoyed that they're tryin...
by harvestbook
Fri Apr 20, 2018 6:38 am
Forum: Personal Finance (Not Investing)
Topic: Applying for ACA ? [Colorado]
Replies: 17
Views: 1697

Re: Applying for ACA ?

If I go over $94.2K in income, my subsidy will be ZERO. And would have to pay the total cost of $24K for a bronze plan and $32K for a silver plan. I use a combination of roth withdrawls and principal withdrawls to keep the income level down. I'm confused about this. I thought any account withdrawal...
by harvestbook
Wed Apr 18, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: 2018 Honda Fit EX
Replies: 33
Views: 2897

Re: 2018 Honda Fit EX

I bought a new Fit in 2012 for around $16k. I liked it so much I gave it to my daughter when she reached driving age and bought another new one in 2016. I'm still getting more than 46 mpg with an automatic. it was around $18K. We like the flexibility of the space. I plan to keep this one for its ent...
by harvestbook
Mon Apr 16, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: child starting college this fall - what do I need to know & do?
Replies: 16
Views: 1935

Re: child starting college this fall - what do I need to know & do?

If you get a state tax deduction, I'd do a 529 for the remaining amount after factoring in the American Opportunity Tax Credit. So it sounds like only $4,000 left, which may not be worth the trouble, but every dollar helps.
by harvestbook
Sat Apr 14, 2018 7:05 am
Forum: Investing - Help with Personal Investments
Topic: Is an 80/20 Asset Allocation Appropriate?
Replies: 20
Views: 3373

Re: Is an 80/20 Asset Allocation Appropriate?

Looks like you've got around $1.5 million and pretty much guaranteed income for life along with a sizable expected inheritance. Even though your expenses are high, I don't see much risk no matter how you go. I'm 80/20 at age nearing 56 and I expect to not touch any of it for at least 10 to 15 years,...
by harvestbook
Sat Apr 14, 2018 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Aren't we betting a bit too heavily on US stocks and bonds?
Replies: 34
Views: 2926

Re: Aren't we betting a bit too heavily on US stocks and bonds?

Lots of cognitive bias behind it (recency bias, home bias, Dunning-Kruger effect, confirmation bias), as well as perfectly sound logic that I happen to disagree with. I'm sure the Dutch were totally hot for companies in the Netherlands in the 1600s and the British of the 1800s thought they would rul...
by harvestbook
Wed Apr 11, 2018 8:01 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 14271

Re: What is your AA, given your age? and, Why?

Age 55, 90/10 with a modified Merriman portfolio (50/50 US/intl with small, value, and REIT tilts.) No debt, so I have the ability to take more risk, and also started late, so I have the need to take more risk. Also, due to the nature of my work (writer), I have no retirement date to aim for. Most o...
by harvestbook
Wed Apr 04, 2018 8:35 pm
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 2411

Re: Has anyone changed their AA/IPS/investing strategy recently?

I date the start of the bull market to 2013 when it reached a new high, as do plenty of other folks. So it's not even "average in length" yet. Of course we could both be wrong and probably are, so I'll just get to the right place and stay there.
by harvestbook
Mon Apr 02, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 12376

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

I bought $100 worth just to learn about it. I literally sold sports cards to do it!

It's probably worth less than half that now, decaying about the same rate as cards...
by harvestbook
Mon Apr 02, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Age 55, Fast Strategy to Retirement
Replies: 59
Views: 7904

Re: Age 55, Fast Strategy to Retirement

You "don't want to gamble" yet are 55 and have no health insurance?
I can't think of anything that would submarine the whole enterprise faster than a sudden (even relatively mild) health scare.
by harvestbook
Sun Apr 01, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on tax situation- optimizing w2 pay versus business income s corp
Replies: 2
Views: 253

Re: Advice on tax situation- optimizing w2 pay versus business income s corp

Roughly optimal salary would be a "take-home pay" of $18,500 plus FICA, tax withholding, etc. 25 percent company match gives you a 401k of $23,125. (Add $6k to salary if 50 or older). However, the IRS expects the salary to be in line with reasonable compensation for the field. I'd guess this would b...
by harvestbook
Thu Mar 29, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: China and EM [Emerging Market]
Replies: 30
Views: 3610

Re: China and EM

I welcome diversification and a hedge against US bias. China and India are growing at a much faster pace than the US.

Image
by harvestbook
Wed Mar 28, 2018 7:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 22051

Re: A lot of heavy hitters this morning

No matter how high or low we go, we all end up at zero.
by harvestbook
Wed Mar 28, 2018 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: S Corp Profit Contribution to Solo 401k
Replies: 11
Views: 653

Re: S Corp Profit Contribution to Solo 401k

I have a similar set-up (I make $24K base plus all the taxes, insurance etc. for catch-up contribution, and my wife gets $18k.) We run our own solo plan through Vanguard and contribute both employee and employer share monthly. I understand the limits increased by $500 for 2018 but we chose not to ch...
by harvestbook
Mon Mar 26, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 10254

Re: Blasphemy... DO PEEK!

I only look on up days so I can feel smart.
by harvestbook
Tue Mar 20, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Considering a change in asset allocation; tell me if I'm approaching this the right way
Replies: 26
Views: 2758

Re: Considering a change in asset allocation; tell me if I'm approaching this the right way

When people say "You should be more conservative," they're really saying "I am more conservative than you." If you are happy and you can stick with it, just about any AA can work. Personally I always choose greater diversity when possible (so I am 50/50 US/Intl), and more aggressive (90/10 stocks/bo...