Search found 236 matches

by FootballFan5548
Wed Jun 03, 2020 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance for 0.25% rate reduction
Replies: 14
Views: 790

Re: Refinance for 0.25% rate reduction

We are in very similar places and I was going to write a post asking this very question today. I'm meeting with my mortgage guy this afternoon to talk through options. My current loan - 4 years into a 30 year fixed. Original loan - 780k Current outstanding - 680k (paid about 30k of extra principal) ...
by FootballFan5548
Mon Apr 20, 2020 9:30 am
Forum: Personal Investments
Topic: Are you buying any Oil stocks for long term ?
Replies: 7
Views: 1114

Re: Are you buying any Oil stocks for long term ?

I did well with Chevron years ago... I've held XOM for many years, and I'm currently well underwater. I bought up a bunch of it on Thursday last week, it quickly went up 11% on Friday and I felt great..... of course it's back down nearly 5% today. I'll buy and hold it and hang onto it... it's not a ...
by FootballFan5548
Fri Apr 17, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: Are you all doing Tax Loss Harvesting in the downturn?
Replies: 11
Views: 654

Re: Are you all doing Tax Loss Harvesting in the downturn?

For years I've held big chunk of VFORX, target retirement fund, in taxable. Before I knew much about investing I automatically bought into that fund every 2 weeks for about 5 years.. it added up quickly and was close to my largest holding. SInce being a Boglehead I've known that target date funds in...
by FootballFan5548
Tue Apr 07, 2020 12:52 pm
Forum: Personal Investments
Topic: TLH - Wash Sale Question - Different brokerages
Replies: 4
Views: 178

TLH - Wash Sale Question - Different brokerages

I own my company stock in my regular brokerage account. Long story short but we were acquired 3 years ago and it was a cash/stock transaction I ended up with a large chunk of the new company stock. New company stock has been tanking and is down about 35% currently (was up about 30% recently, so a 60...
by FootballFan5548
Tue Apr 07, 2020 11:13 am
Forum: Personal Consumer Issues
Topic: Best home printer/scanner?
Replies: 39
Views: 2651

Re: Best home printer/scanner?

We have an Epson WorkForce WF-3640, printer/scanner/copier in one. We've been very happy with it. It's all on wifi and you can print easily from your iPhone and computers hooked up to the network
by FootballFan5548
Wed Apr 01, 2020 1:25 pm
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6321

Re: What is your age/AA during this crisis?

Ramjet wrote:
Wed Apr 01, 2020 12:30 pm
36 and 100% equities

Just curious, I'm the same age... do you keep an Emergency Fund that's sizeable?
by FootballFan5548
Wed Apr 01, 2020 11:01 am
Forum: Investing - Theory, News & General
Topic: What is your age/AA during this crisis?
Replies: 138
Views: 6321

Re: What is your age/AA during this crisis?

Age 36, Married, 5yr old and 2 yr old. AA was 78/22, drifted to about 74/26. I've been buying equities the past couple weeks with early March bonus payment, but feel like it's catching a falling knife. Net worth (including home) was about $1.5M, down to $1.2M at the moment. Have about 50k EF. I'm tr...
by FootballFan5548
Fri Mar 13, 2020 9:20 am
Forum: Personal Consumer Issues
Topic: What entertainment during Covid-19 times?
Replies: 101
Views: 5450

Re: What entertainment during Covid-19 times?

My biggest issue is my kids.... I've got a 5 year old who for the most part can watch a show or play or entertain themselves... But I've got a 2 year old who needs constant entertaining. Maybe a show will lock him down for 10 mins, then he's wandering the house looking to destroy things or jump off ...
by FootballFan5548
Thu Mar 12, 2020 6:03 pm
Forum: Personal Investments
Topic: Capitulation
Replies: 59
Views: 5311

Re: Capitulation

There are people who "lost" way more than $24k today... there are people on this board who probably lost $240k today. Not to mention the thousands of lives lost already.... all you can do is stay the course and hope for the best.
by FootballFan5548
Wed Mar 11, 2020 12:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18853
Views: 2636528

Re: U.S. stocks in free fall

I wonder what percentage of people have more than one cut on their hands... I hope not. They have more problems than a market fall. :shock: Oh wait, I see what you meant :oops: I'm guilty of catching this knife a few times the past week or so... I've been making some buys along the way down... I mi...
by FootballFan5548
Fri Dec 06, 2019 4:11 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs. S&P 500
Replies: 55
Views: 5889

Re: Total Stock vs. S&P 500

My 401k doesn't have a total stock market fund. So within my 401k I have 80% S&P 500 fund and 20% Extended market small/midcap fund. Both funds have very low fees.

Outside of my 401k, I use Vanguard Total Stock for all stock holdings.
by FootballFan5548
Fri Nov 01, 2019 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Managing Life with a Sick Kid
Replies: 8
Views: 1461

Re: Managing Life with a Sick Kid

I have no advice other to say that I will pray for you and your family. It's got to be every parent's worst fear. There are support groups available and I'd say to take advantage of them. The American Cancer Society can put you in touch with other families like yours to share their experiences. I kn...
by FootballFan5548
Fri Oct 25, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you shop for better insurance rates? (auto, life, home)
Replies: 24
Views: 1921

Re: How often do you shop for better insurance rates? (auto, life, home)

I just wanted to thank OP for posting this because it prompted me to contact my auto insurance carrier State Farm. Instead of actively shopping them, I basically called to haggle on a few things at renewal and just saved $78 on my 6 month renewal. It was about a 5 min phone call and saved me some mo...
by FootballFan5548
Thu Sep 12, 2019 4:07 pm
Forum: Personal Investments
Topic: ESPP - Tax Loss Harvest Question
Replies: 4
Views: 379

Re: ESPP - Tax Loss Harvest Question

Is that the case if it's an automatic transaction every two weeks? I thought the wash sale was only traditional buys and sells. My payroll automatically deducts every two weeks.
by FootballFan5548
Thu Sep 12, 2019 2:43 pm
Forum: Personal Investments
Topic: ESPP - Tax Loss Harvest Question
Replies: 4
Views: 379

ESPP - Tax Loss Harvest Question

My company offers a very solid ESPP. You can purchase (at full price) from your paycheck and the company will match 30%. So if you say wanted to buy shares every paycheck at 5% of your paycheck, the company will match with an additional 30%. You are fully vested every February in both your own purch...
by FootballFan5548
Wed Sep 04, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you receive out-of-sequence pay bumps?
Replies: 56
Views: 3557

Re: How often do you receive out-of-sequence pay bumps?

I work in the commercial insurance business. I have a team of 10 people reporting to me. 4 of the 10 this year have come to me with offers from competitors or very serious interest from competitors. Usually those offers were well above what they make right now. In 3 of the 4 cases we either matched ...
by FootballFan5548
Wed Aug 28, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Friend has cancer. What should be the next steps?
Replies: 65
Views: 5387

Re: Friend has cancer. What should be the next steps?

This is devastating, I'm so sorry to hear this. I wish nothing but the best for your friend and his family. I couldn't even imagine. https://www.cancer.org/ I would get to know this website and have your friend call the hotline. The American Cancer Society (of which i'm a donor) is a great organizat...
by FootballFan5548
Fri Aug 16, 2019 9:39 pm
Forum: Personal Investments
Topic: Where to put new money? Small Windfall
Replies: 16
Views: 2778

Re: Where to put new money? Small Windfall

Today I received a retention bonus from my employer of roughly $50k after taxes. I plan to pay down small credit card balance and pay my quarterly real estate taxes which combined will chew up $10k of the $50k. I will add another 10-15k to my emergency fund at Capital One getting 2% which should ma...
by FootballFan5548
Thu Aug 15, 2019 11:02 am
Forum: Personal Investments
Topic: Where to put new money? Small Windfall
Replies: 16
Views: 2778

Where to put new money? Small Windfall

This is basically yet ANOTHER market timing thread. I realize everyone says their scenario is different and ultimately they all come back to classic market timing. I'm being pretty open about the fact I realize what i'm asking is classic market timing. Today I received a retention bonus from my empl...
by FootballFan5548
Thu Aug 08, 2019 3:42 pm
Forum: Personal Investments
Topic: New Jersey taxes
Replies: 58
Views: 3915

Re: New Jersey taxes

I currently live in Monmouth County, very nice town, good schools, close to the coast. Our home was purchased for roughly $1M 3 years ago and our taxes are roughly $18k. I grew up in Essex County. The taxes up there were asinine and considerably more than Monmouth County. I love NJ. I love the coast...
by FootballFan5548
Mon Aug 05, 2019 2:24 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 13585

Re: Buy During This Dip?

Ordinarily I wouldn't buy today, but I'm traveling for business the rest of the week starting tomorrow, I don't think I'll have the opportunity to buy if I wanted to later this week, so I just pulled the trigger on some SPY down 3.1%.
by FootballFan5548
Mon Aug 05, 2019 9:45 am
Forum: Personal Investments
Topic: Question regarding Tax Free Muni Bonds
Replies: 4
Views: 447

Question regarding Tax Free Muni Bonds

I have a quick hopefully easy question... I live in NJ and hold Vanguard's Long Term NJ Muni bond fund. I know the monthly interest (which I reinvest) is tax free. What about capital gains? If I wanted to sell some of the fund at a gain, would I be taxed on the capital gain from when I bought the fu...
by FootballFan5548
Mon Jul 22, 2019 1:55 pm
Forum: Personal Investments
Topic: Bonds: all munis in taxable account?
Replies: 18
Views: 2087

Re: Bonds: all munis in taxable account?

Can you do a backdoor Roth with Vanguard or another brokerage and put a total bond market fund in there? You could get 6k per year (12k with spouse) into a backdoor Roth and place that in total bond market tax free.
by FootballFan5548
Wed Jul 17, 2019 12:47 pm
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 63
Views: 6247

Re: Total Stock (US and Intl): Fidelity ZERO vs Vanguard

If I were to sell VTIAX (Vanguard total int'l) in my Vanguard account and buy IXUS (Fidelity iShares total Int'l ETF) in my Merrill account, would that create a wash sale?
by FootballFan5548
Tue Jul 16, 2019 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: 1 million in liquid assets or paid off mortgage by 40?
Replies: 72
Views: 8770

Re: 1 million in liquid assets or paid off mortgage by 40?

Do we consider 401k/IRA to be liquid assets?

I'm exceeding $1M in investments… but it includes money that's not exactly liquid like 401k. My mortgage is very far from being paid off... $695k+
by FootballFan5548
Tue Jul 02, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: So the year is officially half over
Replies: 32
Views: 3662

Re: So the year is officially half over

It's a nervous time. Things have been very good so far this year, but all the noise is predicting a recession. I'm currently 80/20 and 35 years old. I just hit 7 figures for the first time and would hate to see so much of it evaporate. I might dial the equities back by 5%.... true market timing, but...
by FootballFan5548
Mon Jul 01, 2019 3:40 pm
Forum: Personal Consumer Issues
Topic: Outdoor Fire Pit - Wood vs. Gas?
Replies: 53
Views: 4563

Re: Outdoor Fire Pit - Wood vs. Gas?

This is timely as we just redid our patio in a normal suburban neighborhood and are in the deciding stage now on what fire pit to get. We didn't get one built into the patio as I'm not sure we'd use it quite enough. Does anyone have a propane fire pit/fire table type thing? I've seen them before and...
by FootballFan5548
Mon Jul 01, 2019 8:54 am
Forum: Personal Investments
Topic: Pre-Paying Mortgate Home Value Question
Replies: 7
Views: 614

Pre-Paying Mortgate Home Value Question

I've got a basic question I'm hoping you can help with. I bought a house 3 years ago in a VHCOL area. Great neighborhood, great town in NJ, with good commute to NYC and great schools. However, I definitely overpaid based on current home sales around me. We were in a tight time frame so we weren't ab...
by FootballFan5548
Wed Jun 26, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: 10 Year Treasury Under 2%
Replies: 45
Views: 5965

Re: 10 Year Treasury Under 2%

Where are people supposed to go for yield? Bonds are offering a pittance, and stocks are at historic highs... money markets are offering very little, 2% if you're lucky.

I'm not sure where to put new money, so I'm just keeping on keeping on
by FootballFan5548
Fri Jun 21, 2019 1:53 pm
Forum: Personal Investments
Topic: Asset Allocation - Risk
Replies: 15
Views: 1442

Re: Asset Allocation - Risk

Friends: My wife and I are both retired (both 43), two kids (7 and 10). We withdraw about 2% per year. 529’s fully funded. Most calculators suggest I should be in the 65-75 equity range. I’m far higher, but I question my decision. I rationalize that we are young enough to weather some market cycles...
by FootballFan5548
Thu Jun 20, 2019 3:31 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1416
Views: 191012

Re: Post your Financial Milestone Announcements Here

With the new S&P All Time High's today has anyone exceeded a personal milestone they'd like to share? It's been a fun June so far after a bit of a crummy May. Just today, for the first time ever we've entered the 2 comma club for investments alone, (not counting cash/EF/home equity). This has been a...
by FootballFan5548
Mon Jun 10, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 10991

Re: Do you carry Umbrella Insurance?

I work in the Commercial Umbrella Insurance Industry. The verdicts and settlements I see on a daily basis for my insured's and other prospective insured's would make your head spin. The plaintiff's bar is as strong and empowered as ever on liability cases and for corporations that we insure we routi...
by FootballFan5548
Fri Jun 07, 2019 3:16 pm
Forum: Personal Investments
Topic: How is Merrill Edge?
Replies: 64
Views: 7036

Re: How is Merrill Edge?

When Capital One Brokerage shuttered and sold to ETrade I transferred everything to Merrill Edge. It's been about 2 years and so far it's working great. I'm a BOA Preferred rewards member and get great cash back rates on the credit card plus free trades at ME. I keep any and all ETFs and individual ...
by FootballFan5548
Tue Jun 04, 2019 4:10 pm
Forum: US Chapters
Topic: June 6, 1944 D Day and General Patton [D-Day plus 11 days, a war article by Ernie Pyle]
Replies: 42
Views: 4776

Re: June 6, 1944 D Day and General Patton

It's always a special day for me. My grandfather jumped into Normandy with the 101st AB, 506th PIR, F Company. This was the sister company of the famed Easy Company from Band of Brothers fame. Fox company was side by side with Easy Company every step of the way, without all of the fanfare. My grandf...
by FootballFan5548
Tue Jun 04, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4397
Views: 1252856

Re: What Book Are You Currently Reading? Part VI

I just finished reading: Soldier, Sailor, Frogman, Spy ... by Giles Milton I'm a history buff and this was a very good book told from various detailed angles about the D-Day invasion. It has perspectives of German soldiers and workers in Normandy, it has perspectives of British/Canadian/US soldiers,...
by FootballFan5548
Wed May 22, 2019 9:53 am
Forum: Personal Investments
Topic: AA Percentages
Replies: 6
Views: 479

Re: AA Percentages

I think I remember reading that Vanguard's Total Stock Market fund VTSAX is made up of 84% Large Cap and 16% Small/Mid Cap.

I'd imagine Fidelity has a similar breakdown. Unfortunately mid/small isn't further specified.

hope this helps
by FootballFan5548
Tue May 21, 2019 2:21 pm
Forum: Personal Investments
Topic: Vanguard Tax Managed Fund
Replies: 8
Views: 1468

Re: Vanguard Tax Managed Fund

Putting half of new money into a US stock index fund such as VTSAX, and another half into a municipal bond fund would be similar to the tax managed balanced fund. Depending on your state if you could get a double tax free bond fund then that could be even better. I'm 35 and aiming for simplicity. F...
by FootballFan5548
Mon May 20, 2019 3:59 pm
Forum: Personal Consumer Issues
Topic: If you liked “They Shall Not Grow Old” - “Cold Blue” coming May 23
Replies: 13
Views: 2079

Re: If you liked “They Shall Not Grow Old” - “Cold Blue” coming May 23

I'm a huge history fan and have read dozens of WWII books specific to the air war in Europe. Masters of the Air is one of my favorites on this topic. Thanks for this information as I can't wait to watch this documentary. Unfortunately it isn't playing anywhere near where I live at a time that works,...
by FootballFan5548
Thu Apr 25, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: Distribution Monthly or Yearly
Replies: 16
Views: 2008

Re: Distribution Monthly or Yearly

The first thing I would do is to turn dividend reinvesting off and allow the dividends (probably quarterly) to hit your cash account. This acts as a forced withdrawal every quarter.

You can build additional withdrawals around the dividend income as needed.
by FootballFan5548
Tue Apr 09, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Infertility treatments/insurance/job situation
Replies: 44
Views: 3783

Re: Infertility treatments/insurance/job situation

I'm in NJ as well and my wife and I went through a similar stretch. We tried for over a year with no luck and then went to one fertility doctor out of convenience, because the person was close... but we had 4 straight failed IUI's with the "convenient" doctor. We went to another highly regarded doct...
by FootballFan5548
Fri Mar 29, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 17672

Re: How often do you check your net worth?

I update a spreadsheet on the last business day of the month every month, just to keep a running tally and watch progression. The spreadsheet is just investments and bank accounts, no mention of mortgage or any other debts. I log into Personal Capital regularly, usually every night as I'm putting m...
by FootballFan5548
Fri Mar 29, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 17672

Re: How often do you check your net worth?

I update a spreadsheet on the last business day of the month every month, just to keep a running tally and watch progression. The spreadsheet is just investments and bank accounts, no mention of mortgage or any other debts. I log into Personal Capital regularly, usually every night as I'm putting my...
by FootballFan5548
Fri Mar 22, 2019 1:44 pm
Forum: Personal Investments
Topic: Moving from Vanguard to Merrill Edge
Replies: 127
Views: 18409

Re: Moving from Vanguard to Merrill Edge

When Capital One closed down their brokerage in 2018 I moved all my taxable stuff from CapOne to ME. I'm a BOA member so I got the $600 bonus plus now I'm platinum rewards as well. The platinum rewards are great for the BOA credit card. Free ETF trades, all around a good platform. It's been a positi...
by FootballFan5548
Fri Mar 22, 2019 1:19 pm
Forum: Personal Investments
Topic: Vanguard Total World Stock - Ex Dividend Date question
Replies: 7
Views: 527

Re: Vanguard Total World Stock - Ex Dividend Date question

Thanks for the response.... purchase made.
by FootballFan5548
Fri Mar 22, 2019 11:40 am
Forum: Personal Investments
Topic: Vanguard Total World Stock - Ex Dividend Date question
Replies: 7
Views: 527

Re: Vanguard Total World Stock - Ex Dividend Date question

yes, these are in taxable. So by waiting I miss the taxable dividend. So waiting seems to be the move, i'll buy in on Tuesday.
by FootballFan5548
Fri Mar 22, 2019 11:08 am
Forum: Personal Investments
Topic: Vanguard Total World Stock - Ex Dividend Date question
Replies: 7
Views: 527

Re: Vanguard Total World Stock - Ex Dividend Date question

Same question applies for VWO - emerging markets ETF. 3/25 Ex-dividend date.

Should I wait, or doesnt' matter?
by FootballFan5548
Fri Mar 22, 2019 10:37 am
Forum: Personal Investments
Topic: Vanguard Total World Stock - Ex Dividend Date question
Replies: 7
Views: 527

Vanguard Total World Stock - Ex Dividend Date question

Just received my annual bonus and plan to buy some VT ETF. It's down a bit today so figured it's a good time. I noticed it goes Ex-Dividend on Monday 3/25. If I buy today, am I technically buying the dividend? I own about $40k of it already, was going to add another $10K or so. Would it be wise to w...
by FootballFan5548
Thu Mar 07, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Employee stock options investment thesis?
Replies: 29
Views: 2148

Re: Employee stock options investment thesis?

I'd like to just play devils advocate for a moment. I realize this approach is very "un-boglehead". I was 24, brought over to a publicly traded small "start up" type company. I left MegaCorp safety to come to this much smaller newer company. They paid more, but also threw options at me. First year's...
by FootballFan5548
Wed Mar 06, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tax bracket question & Savings Bonds
Replies: 5
Views: 464

Re: Tax bracket question & Savings Bonds

I Bonds purchased in 2005 would have either a 1.00% or 1.20 fixed rate. In my view, they are too valuable to cash at this point,nregardless of the marginal tax rate. So would you advise I keep them in my safe at home, consider the $15k as part of my E-Fund and potentially invest $15k of my E-Fund n...
by FootballFan5548
Wed Mar 06, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Tax bracket question & Savings Bonds
Replies: 5
Views: 464

Re: Tax bracket question & Savings Bonds

So for the purpose of a tax bracket calculation I can deduct the mortgage interest and SALT and charitable contributions... so it seems like either way I'd be far below the 32% bracket?