Search found 208 matches

by sjt
Tue Jun 18, 2019 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3070

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: 942

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: 4801

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: 10847

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: 1143

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: 13237

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: 809

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: 809

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: 1143

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: 704

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: 4292

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: 2378

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: 2378

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: 2034

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: 2313

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: 1396

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: 8
Views: 559

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: 1405

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: 8
Views: 559

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: 1409

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: 811

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: 1572

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: 3292

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: 3088

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: 1605

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: 1293

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: 6673

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: 3456

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: 3945

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: 5055

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: 2224

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: 3329

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: 21965

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: 6180

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: 7840

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: 7840

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: 2516

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: 5615

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.
by sjt
Fri Apr 26, 2019 1:05 pm
Forum: Personal Consumer Issues
Topic: Internet fees
Replies: 16
Views: 1384

Re: Internet fees

Visit your local library
by sjt
Thu Apr 18, 2019 2:16 pm
Forum: Personal Consumer Issues
Topic: Roof rails - aftermarket Toyota Highlander
Replies: 2
Views: 261

Re: Roof rails - aftermarket Toyota Highlander

Anyone know where I can buy some aftermarket roof rails that actually bolt into the roof of our 2011 Highlander? I’m kicking myself I didn’t have factory installed ones put on as Toyota does not sell them after the fact. The only ones I can find are the ones that secure under the door jam like Rhin...
by sjt
Thu Apr 18, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and Student Loans
Replies: 62
Views: 4170

Re: Marriage and Student Loans

OP, is your Fiancee on board with paying off these loans ASAP? Are you both willing to live frugally and really attack these loans, making sacrifices during this time? I think you have the right idea but you really both need to be committed. You also need to determine how you will split finances goi...
by sjt
Thu Apr 18, 2019 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Re: Insurance Advice after bicycle accident

In the future, she should ride her bike with enough stopping distance so she can avoid accidents like this. As a fellow cyclist, I think this is the answer. Whether you're on a bike or driving a car, you should maintain a safe buffer with the vehicle in front of you. If I rear ended someone while d...
by sjt
Tue Apr 16, 2019 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Loan options
Replies: 13
Views: 1018

Re: Loan options

The bank has offered me a conventional loan at 4.5% with 20% down. Should I take this or utilize all my cash and do a TSP loan for the remainder amount? I would comfortably be able to pay the loan back in 4 years. Can you get a better rate if you take a 15 year loan? If you plan to pay back in 4 ye...
by sjt
Tue Apr 16, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: "When Adding to Your Retirement Account is a Bad Idea"
Replies: 29
Views: 3910

Re: "When Adding to Your Retirement Account is a Bad Idea"

lostdog wrote:
Tue Apr 16, 2019 11:09 am

Any thoughts on this?
Yes: Once stash is big enough retire early and strategically withdraw before RMD's become a problem (and if they do become a problem then congratulations, it's a pretty good problem to have). There's not an excuse for RMD's to be a problem with basic planning.
by sjt
Tue Apr 16, 2019 9:23 am
Forum: Investing - Theory, News & General
Topic: Why does the stock market go up in the long term?
Replies: 62
Views: 4691

Re: Why does the stock market go up in the long term?

It's because the economy as a whole has consistently expanded throughout modern human history (as long as there have been stock markets). Generally, public companies have captured a portion of that growth. The economy has expanded due to population increase and efficiency increased spurred by techn...
by sjt
Tue Apr 16, 2019 9:07 am
Forum: Personal Consumer Issues
Topic: Japan Travel Suggestions
Replies: 23
Views: 1352

Re: Japan Travel Suggestions

I went to Japan for work last year. Was only able to spend a day or so in Tokyo and we went to Shibuya Station (site of famous scramble cross featured in the highly underrated Fast and the Furious: Tokyo Drift) - Lots of shops there, and you can see a statue of the famous dog Hachiko.
by sjt
Tue Apr 16, 2019 7:13 am
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14555

Re: In Laws Retirement Nest Egg

The expectations on this forum regarding the amounts needed to adequately retire are about an order of magnitude out of step with the general population. x2 - it's incredible how out of touch some can be. Looking at Firecalc, $700k with a $30k annual draw down has a 91% chance of lasting 30 years, ...
by sjt
Mon Apr 15, 2019 8:59 am
Forum: Personal Investments
Topic: Help me pick which investments
Replies: 2
Views: 266

Re: Help me pick which investments

Your target date fund has an expense ratio of 0.08% which is fine, but it also lists what other funds (also available to you, at a lower expense ratio) it is compromised of, and what percentages. My plan is set up similarly. If you truly want "set it and forget it" - go with the target date fund whi...