Search found 218 matches

by sjt
Thu Jul 11, 2019 9:42 am
Forum: Personal Investments
Topic: Portfolio Checkup
Replies: 61
Views: 3764

Re: Portfolio Checkup

1) Which is better, pretax 403b or Roth 403b? Of course it depends. If you deposit into Roth 403B, you pay federal and state income taxes on this money and it comes out tax free. If you choose pretax 403B, you are deferring taxes until you withdraw the money. The question becomes: will you be payin...
by sjt
Thu Jul 11, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Automatic Watches
Replies: 87
Views: 4269

Re: Automatic Watches

I bought a Seiko SNK805 several years back because I like the size, and spartan design. It's a self winding based on motion of my arm. I only wear it during the work week and it doesn't have enough juice to make it through the weekend. I'll take it off at 5 or 6 pm Friday, and Monday morning it will...
by sjt
Wed Jul 10, 2019 8:09 am
Forum: Personal Consumer Issues
Topic: Car Dilemma
Replies: 20
Views: 1401

Re: Car Dilemma

From your third paragraph, it sounds like you've already decided on keeping the Forester and the 2015 ES350 - I would agree with that decision. The choice you are down to is your sons car - 1998 ES300 with 110k miles or 2007 accord with 150k miles. I had a 1998 ES300 and while it was boring, it's a ...
by sjt
Wed Jul 10, 2019 6:49 am
Forum: Personal Investments
Topic: Newbie assistance
Replies: 7
Views: 425

Re: Newbie assistance

Welcome CLS069. I think you need to develop an investment plan you can stick with for the long haul, then sell and buy according to your plan. Different people have different individual strategies depending on investment goals, risk tolerance and other factors. You'll find everything you need in the...
by sjt
Fri Jul 05, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Home Price as a % of Net Worth
Replies: 20
Views: 1678

Re: Home Price as a % of Net Worth

It really varies depending on your goals - I hope to early retire someday - aiming for 55 but we'll see what happens. Because of this I need to modify any results from online "calculators" since these don't really apply to my situation. Have you looked at what's available in your desired area that m...
by sjt
Wed Jul 03, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: What to let kids buy?
Replies: 39
Views: 2343

Re: What to let kids buy?

1 vote for letting them spend as they please. In the long run, they will learn more from regretting their dumb spending choices than by you dictating what they are "allowed" to spend on. Let them learn the lesson early while it's small $ amounts.
by sjt
Tue Jul 02, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Buy new home before putting current home on the market?
Replies: 25
Views: 1521

Re: Buy new home before putting current home on the market?

You're on the right path. When I moved, I chose to live in an apartment for 6 months while the sold home closed and funds cleared since I needed the proceeds from the sale for the next home purchase. If I was in your situation, I would buy the second house before selling current house.
by sjt
Tue Jul 02, 2019 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Question of integrity
Replies: 34
Views: 3113

Re: Question of integrity

BradJ wrote:
Tue Jul 02, 2019 5:12 am
That being said, the company understands when people leave and want to build their career (your just not welcome back).
If someone is the best candidate for the job, and the company is holding a grudge because they previously left for a better opportunity, doesn't sound like a good business move.
by sjt
Tue Jul 02, 2019 7:08 am
Forum: Personal Consumer Issues
Topic: Frontier or Spirit Airlines
Replies: 51
Views: 3009

Re: Frontier or Spirit Airlines

Last year I tried to save $200 by flying the family on Frontier from LA (Ontario) to Raleigh. Flight was on a Monday - we show up to the airport to learn the flight is cancelled (no calls, texts, emails, etc). We were told we had two options, get a refund or book on the next available flight (Not un...
by sjt
Mon Jul 01, 2019 11:16 am
Forum: Personal Investments
Topic: How to split monthly fund into savings account and Roth IRA
Replies: 3
Views: 234

Re: How to split monthly fund into savings account and Roth IRA

https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investing_start-up_kit#Are_you_ready_to_invest.3F Generally you want to build up an emergency fund before investing. You have until early next year to contribute to Roth IRA so there's no real hurry. I would put all into the savings account, then beg...
by sjt
Tue Jun 18, 2019 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3209

Re: Maternity and Paternity leave policies

toofache32 wrote:
Tue Jun 18, 2019 6:51 am


I get that. I just didn’t know this was really a thing extended to males. When my wife had our kids 13 and 15 years ago I was allowed to take the day off for the delivery. It never would have crossed my mind to ask for more time.
Times are a-changing my friend.
by sjt
Fri Jun 14, 2019 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Sellers assist or reduction in price
Replies: 13
Views: 980

Re: Sellers assist or reduction in price

How's the housing market there? Worst they could say is no, or simply accept a stronger offer (if there are multiple on the table).
by sjt
Thu Jun 13, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 96
Views: 5202

Re: How much is your guys’ fees for your 401k?

$60 annually -

Fund options range from Target Date to Index to Company stock. Index fund fees are around 0.01%
by sjt
Thu Jun 13, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 11193

Re: Retired at 35 and have no friends :(

The Boglehead philosophy is a "get rich slowly" strategy of buying low fee index funds and let the wealth accumulate over time. While it works, it doesn't let someone who is 27 work for 8 years and then live off millions for the rest of their life. From the front page of the Wiki: Bogleheads emphas...
by sjt
Tue Jun 11, 2019 11:13 am
Forum: Personal Investments
Topic: 32 yr old daughter's IRAs
Replies: 15
Views: 1168

Re: 32 yr old daughter's IRAs

Thanks for the information. I get that I am not comparing apples to apples. I guess my point was that I didn't expect such a large difference in performance. We would be better off just putting her in a S&P 500 Index fund (or better yet, a total market index fund or etf i.e. VTI) and a bond fund/et...
by sjt
Tue Jun 11, 2019 10:32 am
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 241
Views: 13574

Re: I'm thinking about buying a supercar anyone here done this and feedback?

OP: I want to buy a super car, have millions of dollars, etc... Bogleheads: You should buy a Miata or Subaru. :oops: To be fair, the recommendations are for OP to learn on a car that will highlight teachable moments and not cover OP's errors through software or power. Yeah, the recommendation isn't...
by sjt
Tue Jun 11, 2019 9:15 am
Forum: Personal Investments
Topic: Individual Investment - Please help
Replies: 19
Views: 834

Re: Individual Investment - Please help

2. I was just gonna do a stock/bond investment with betterment instead of taking the current interest rate that I was receiving. I would try to match it with the market. Looks like betterment charges a 0.25% fee just to have an account. What does that fee get you compared to investing with a Fideli...
by sjt
Tue Jun 11, 2019 8:47 am
Forum: Personal Investments
Topic: Individual Investment - Please help
Replies: 19
Views: 834

Re: Individual Investment - Please help

1. I currently have some stock in my company that I cashed out and started to solo invest in some companies. I should probably stop this and get an advisor? Any recommendations? You don't need an advisor. Read "If You can" PDF ebook (search google), and the Wiki on this site 2. Should I move my long...
by sjt
Tue Jun 11, 2019 8:03 am
Forum: Personal Investments
Topic: 32 yr old daughter's IRAs
Replies: 15
Views: 1168

Re: 32 yr old daughter's IRAs

S&P has obviously done better than cash, and you can chart S&P vs international (try VTIAX) over the past 12 months and see that S&P has outperformed by about 12%. Schwab also talked me into using their management tools until I saw the light due to underperformance. Now I stick with a simple 3 fund ...
by sjt
Fri May 31, 2019 3:12 pm
Forum: Personal Investments
Topic: How to First Invest HSA Contribution $3,500
Replies: 11
Views: 723

Re: How to First Invest HSA Contribution $3,500

But what AA would you do for these? ... I imagine something closer to 90/10 vs. 80/20, since I'm on the younger side and plan on keeping this invested for the next 30 years. Doesn't matter what my AA would be, since I'm not you. Your AA is dependent on your personal risk tolerance and desired goals...
by sjt
Fri May 31, 2019 8:31 am
Forum: Investing - Theory, News & General
Topic: Does one need a bank account anymore?
Replies: 60
Views: 4406

Re: Does one need a bank account anymore?

I've gotten by without a brick and mortar bank for over a decade. Schwab can handle (nearly) everything for me, and I can pull cash from any ATM with fees reimbursed. However, I have been unable to cash in my fully matured Series EE savings bonds. My local Schwab doesn't do it (Schwab brokerage is s...
by sjt
Thu May 30, 2019 3:25 pm
Forum: Personal Consumer Issues
Topic: Splitting fence cost with neighbor
Replies: 32
Views: 2421

Re: Splitting fence cost with neighbor

Whose property is the fence on - and how much of the fence do you "share"? I don't have a fenced yard, but my neighbor has a rectangular backyard with the house being one side and the fence being the 3 other sides. If he approached me about sharing the cost of his fence rebuild, I would contribute ...
by sjt
Thu May 30, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Splitting fence cost with neighbor
Replies: 32
Views: 2421

Re: Splitting fence cost with neighbor

Whose property is the fence on - and how much of the fence do you "share"? I don't have a fenced yard, but my neighbor has a rectangular backyard with the house being one side and the fence being the 3 other sides. If he approached me about sharing the cost of his fence rebuild, I would contribute e...
by sjt
Wed May 29, 2019 11:09 am
Forum: Personal Consumer Issues
Topic: Hyundai Sonata for college.
Replies: 31
Views: 2059

Re: Hyundai Sonata for college.

With all that being said several have brought up very good points about just being park outside most of the time. Looking at used cars (maybe looking at too good of cars) it seems not more for a new one Not sure where college will be, but I attended a school in a more urban region, and often only o...
by sjt
Wed May 29, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Used Miata as a daily driver, terrible idea?
Replies: 44
Views: 2349

Re: Used Miata as a daily driver, terrible idea?

I DD'd a 1992 Miata before kids. The most fun car I've ever owned - I plan on getting another Miata someday.

I didn't get sick of it, but then again I didn't commute in heavy traffic. If I did, I would still choose Miata.
by sjt
Tue May 28, 2019 10:04 am
Forum: Personal Investments
Topic: Cut the cord
Replies: 13
Views: 1419

Re: Cut the cord

We have a 15 year retirement horizon. From what I'm coming from (invested accross 20+ MF), it seems so generic. Am I missing anything or trust in the Vanguard PAS philosophy and reevaluate in a year? You're not missing anything. Actually, you're most definitely better diversified than you were with...
by sjt
Fri May 24, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: Roth 401(k) vs No Roth at all
Replies: 10
Views: 853

Re: Roth 401(k) vs No Roth at all

Ok, I don't have the tax documents in front of me. I was confused about the "Marginal and Effective" columns on what she gave me. I want to say effective was only 17% though which I thought was really low Doesn't seem low to me. I wonder if that's 17% state and federal combined. MFJ couple with $20...
by sjt
Fri May 24, 2019 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Pay for Masters in cash vs. retirement contributions?
Replies: 18
Views: 1421

Re: Pay for Masters in cash vs. retirement contributions?

Would you drop to 10% and pay cash for the degree, or keep the 17% contribution and take $13,000 of loans at ~6%? Is there a 3rd option? Max your retirement accounts and cash flow your degree? You posted on a previous thread: I know exactly how you feel as we went from a 1200 sq ft house to a 2500 ...
by sjt
Fri May 24, 2019 9:13 am
Forum: Investing - Theory, News & General
Topic: Roth 401(k) vs No Roth at all
Replies: 10
Views: 853

Re: Roth 401(k) vs No Roth at all

Hi all, I'm sure this is mentioned elsewhere but didn't see it when I searched. I like the idea that roth is never taxed again and with the lower tax rates we have now I am considering contributing to the roth until the tax laws expire in 25' We were in marginal tax rate of 19% and effective 17%. A...
by sjt
Thu May 23, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth refinancing?
Replies: 16
Views: 1427

Re: Is it worth refinancing?

z91 wrote:
Thu May 23, 2019 12:28 pm
... with a bank that won't sell my loan (so they would service it) ....
What is the advantage to this? (Genuine question)
by sjt
Thu May 23, 2019 11:53 am
Forum: Personal Investments
Topic: Evaluate my choices
Replies: 13
Views: 833

Re: Evaluate my choices

Question 1: Given my age of 33 and where we are in the business cycle, what changes would you make to my portfolio? I'm 34 and I have a lot less bonds. Where are we in the business cycle? Are we about to experience a market drop? Question 2: I asked this separately in another post, but i'll post it...
by sjt
Thu May 23, 2019 11:40 am
Forum: Personal Investments
Topic: Looking to buy ETFs for the 1st time
Replies: 23
Views: 1594

Re: Looking to buy ETFs for the 1st time

Hi all, I have a few questions about ETFs 1. I have read on here that it is not a good idea to buy ETF after hours especially for low volume ETFs. What about highly traded ones? 2. I was looking to buy SPDR® Portfolio Emerging Markets ETF(SPEM) from TD ameritrade. Since it is an international fund ...
by sjt
Thu May 23, 2019 9:21 am
Forum: Personal Investments
Topic: Frozen by uncertainty, really want to unfreeze
Replies: 34
Views: 3328

Re: Frozen by uncertainty, really want to unfreeze

Lots of good advice here, at your income you should be able to save 1 year of expense every year. Begin tracking your expenses every month (every purchase) - find a budget app that you and spouse can both update - create categories and record all purchases. I would skip the basement until your cars,...
by sjt
Tue May 14, 2019 11:58 am
Forum: Personal Investments
Topic: 31 Years Old, Sold Company for 3MM. Want to retire. How to allocate in taxable?
Replies: 19
Views: 3117

Re: 31 Years Old, Sold Company for 3MM. Want to retire. How to allocate in taxable?

+How can I keep my portfolio balanced as my gains increase over time and drift away from 80/20. Surely this is tax disadvantageous? Probably not. Remember you are only taxed on the gains, Let's say a withdrawl of 3.5% ($105k) is $80k principal and $25k long term capital gains, your tax burden is $0...
by sjt
Tue May 14, 2019 10:01 am
Forum: Investing - Theory, News & General
Topic: What Am I Missing Here
Replies: 15
Views: 1620

Re: What Am I Missing Here

The day I retire, I will reduce my essential expenses to live within my guaranteed income:... $56,000. This will cover housing, food, taxes, clothing and transportation. I don't plan to have a mortgage in retirement, or if I do, it will be small. I don't plan a new car purchase or even car payments...
by sjt
Thu May 09, 2019 8:29 am
Forum: Personal Investments
Topic: investing advice
Replies: 12
Views: 1306

Re: investing advice

I just finished reading "The Bogleheads Guide To Investing" after it was given to me by an older friend. I am very excited to get started investing. That's a good friend I have a friend that is a fiduciary and wants me to give him my money. That's not a good friend. However, any and all advice is w...
by sjt
Thu May 09, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: I have a car problem - $100K+ Cars
Replies: 48
Views: 6725

Re: I have a car problem - $100K+ Cars

teamDE wrote:
Tue May 07, 2019 3:42 pm
I'm a car guy, but have about zero passion for a street car. If you really like driving, get into racing where you can put that $100k to good use! :)
This - I'd rather get into spec Miata or B-spec compacts and actually race / drive them hard vs feathering some exotic around town for attention.
by sjt
Wed May 08, 2019 12:36 pm
Forum: Personal Investments
Topic: windfall management
Replies: 38
Views: 3495

Re: windfall management

I grew up in a home where our total expenses for a family of 4 were probably around 40k. I think it's important to look at your life and I bet it's likely that your childhood and background have driven you to work hard and be successful. Would you be who you are if you were spoiled as a child and f...
by sjt
Tue May 07, 2019 7:52 am
Forum: Personal Investments
Topic: Voya financial - Why would anyone use them?
Replies: 40
Views: 4018

Re: Voya financial - WHY WOULD ANYONE USE THEM?

DW works for a public school and they have 403(b) and 457 through Voya, and a 401(k) option through Prudential. We only fund the 401(k). However if down the road we consider early retirement, we might load up the 457 in the years leading up to retiring and only pay a few years worth of their high fe...
by sjt
Mon May 06, 2019 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)
Replies: 62
Views: 5138

Re: Marriage or No Marriage? (Home, children, HSA, IRA, etc.)

viewtopic.php?t=258349

And I thought the threadstarters in the above thread were greedy. Thanks for taking it to the next level OP :greedy
by sjt
Mon May 06, 2019 11:48 am
Forum: Personal Investments
Topic: 3 Fund Vs. Target Date 401K Dilemma
Replies: 21
Views: 2247

Re: 3 Fund Vs. Target Date 401K Dilemma

There is a quote I think I've seen around here that essentially states "the enemy of a great plan is a perfect plan." You have a pretty good thing going. Maybe a target date will do better than your current allocation, but perhaps not. I have a feeling that if you switch to a target date fund, you'l...
by sjt
Mon May 06, 2019 10:46 am
Forum: Personal Investments
Topic: Letter my child got from social security administration
Replies: 14
Views: 3341

Re: Letter my child got from social security administration

tovetove wrote:
Mon May 12, 2014 5:52 pm
The last two years my minor son had earned income which taxes were filed/paid.


..... with my son's young age of five with minor earnings
Am I reading correctly - is this the same person? With earned income at age 4 and 5?
by sjt
Mon May 06, 2019 8:30 am
Forum: US Chapters
Topic: Master Thread for RTP, North Carolina Bogleheads Chapter
Replies: 53
Views: 23309

Re: Master Thread for RTP, North Carolina Bogleheads Chapter

. Since you have already posted to the topic I am pretty sure you'll automatically receive notifications when new postings are made here. Hi Steve, I think normally you will only receive notifications if somebody quotes your post. However, next to the "reply" button on a thread, there is a little w...
by sjt
Fri May 03, 2019 2:28 pm
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 6329

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

Obviously you don't know what your expenses will be several decades down the road. Nobody does. You could have some terribly expensive disease by then, you could be in perfect health. You could have government funded single payer healthcare - who knows? The purpose of the calculators is to give you ...
by sjt
Fri May 03, 2019 8:07 am
Forum: Investing - Theory, News & General
Topic: Wouldn't this make Traditional IRA far superior to Roth?
Replies: 82
Views: 8040

Re: Wouldn't this make Traditional IRA far superior to Roth?

This assumes the same tax bracket upon contribution and withdrawal. This is a huge assumption. Right now I defer money in the 22% bracket, but I plan to withdraw in early retirement in the 0%, 10%, 12% lower brackets in the future (and some of it at 22% if I do well). This assumes tax structure sta...
by sjt
Fri May 03, 2019 7:55 am
Forum: Investing - Theory, News & General
Topic: Wouldn't this make Traditional IRA far superior to Roth?
Replies: 82
Views: 8040

Re: Wouldn't this make Traditional IRA far superior to Roth?

One would need to look at the whole situation, especially when the IRA funds would be withdrawn. -Pension -SS -401k drawdown -Early Retirement? Also don't discount the ability to withdraw Roth IRA contributions at any time for any reason without tax or penalty. Don't get too caught up in what "Brack...
by sjt
Thu May 02, 2019 8:59 am
Forum: Investing - Theory, News & General
Topic: A sane and healthy financial life?
Replies: 29
Views: 2542

Re: A sane and healthy financial life?

I will look through my expenses now and get a clear account of expenses. I am on track to pay down my mortgage. I pay 10-15k of additional principal every year. I live in HCOL. And my saving rate is ~ 30% of gross inclu. 401k , mortgage principal, etc. Going off this info alone, you're doing great....
by sjt
Tue Apr 30, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: Fun-ish Used Boglehead Car
Replies: 86
Views: 5866

Re: Fun-ish Used Boglehead Car

snackdog wrote:
Tue Apr 30, 2019 8:18 am
Miata all day long, the most bang for buck on the fun scale of any car.
+1

Miata Is Always The Answer.