Search found 146 matches

by MiddleOfTheRoad
Wed Oct 10, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard website problems [Transactions won't go through, 500 error...]
Replies: 94
Views: 4044

Re: Vanguard website today

Just bought VTI on iphone vanguard app. No issues.
by MiddleOfTheRoad
Mon Oct 01, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: New Dual Physican Couple
Replies: 39
Views: 3404

Re: New Dual Physican Couple

At those rates for the loans, pay off all debts first before even thinking about investing. Unless the market drops 30-50% then I would consider putting half the money towards investing in a taxable account.
by MiddleOfTheRoad
Sun Sep 30, 2018 8:03 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 439
Views: 49188

Re: Your USER NAME...what does it mean?

I am thoroughly average...
by MiddleOfTheRoad
Tue Sep 25, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Out of warranty repair for a Braun toothbrush?
Replies: 17
Views: 615

Re: Out of warranty repair for a Braun toothbrush?

I like a good deal. I would even go out of my way to find deals. I think I am frugal. But this is pathologically frugal...
by MiddleOfTheRoad
Sat Sep 22, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: New Type of Home "Loan"
Replies: 9
Views: 1035

Re: New Type of Home "Loan"

I got one as well. I bet you they will try to price your house way below market so that they will get a larger percentage of ownership up front. The 3.9% is just like a “front load” fee. They just want to cast their net wide for the unsuspecting (seniors).
by MiddleOfTheRoad
Mon Sep 17, 2018 11:22 am
Forum: Personal Consumer Issues
Topic: a low grade in a 9th-grade test
Replies: 44
Views: 3464

Re: a low grade in a 9th-grade test

At some point in schooling your natural ability runs out, and you have to "learn how to learn." This is a meta-skill that will help them the rest of their lives, and includes things like how to take notes, how to study, how to ask teachers for help, and how to form study groups. Other supporting sk...
by MiddleOfTheRoad
Fri Sep 14, 2018 8:33 am
Forum: Personal Consumer Issues
Topic: Can only take (1) DSLR lens..which one?
Replies: 27
Views: 746

Re: Can only take (1) DSLR lens..which one?

What will be most of your photography, i.e. people or scenery?

If people, I would take the 50. Use the cellphone for bigger group snapshot in tight spaces.

If scenery, you can probably do ok with a 50, but the zoom is probably better with the wide end (stopped down).
by MiddleOfTheRoad
Sun Sep 02, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2053

Re: Job woes and retirement - Should I adjust my allocation?

50:50 sounds good.

Stick it out until laid off. If you plan to retire anyway this should not cause much stress. Claim unemployment. Then “retire”.
by MiddleOfTheRoad
Thu Aug 30, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4376

Re: Expense ratios and fees - Fidelity and flip flopping advice

Everyone who scream “hipocrite” should stop grinding that ax! There is NEVER a concensus recommendation here so no one is flip flopping. There are many informed but varying opinions ALWAYS. And they always make sense for some situation, but not all. There are peeps here that have active funds, indiv...
by MiddleOfTheRoad
Thu Aug 30, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Which FI number in the face of market fluctuations
Replies: 14
Views: 1073

Re: Which FI number in the face of market fluctuations

Interesting thought. I wouldn't redo your number on the downside unless you had a very low margin SWR (4-4.5%). But given that the SWR is based off a worst-case sequence, I would think it would be reasonable to increase your withdrawal set-point for any upward movement, after accounting for inflati...
by MiddleOfTheRoad
Thu Aug 30, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: Which FI number in the face of market fluctuations
Replies: 14
Views: 1073

Re: Which FI number in the face of market fluctuations

Be comfortable just "being in the ball park" by having a safety margin built into the equation. Be willing to say "Close enough!" and step into your retirement. In my case I am doing it via three things . 1) Ignoring Social Security and a small pension in my numbers. 2) Setting up a conservative wi...
by MiddleOfTheRoad
Thu Aug 30, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Which FI number in the face of market fluctuations
Replies: 14
Views: 1073

Re: Which FI number in the face of market fluctuations

munemaker wrote:
Thu Aug 30, 2018 11:53 am
PFInterest wrote:
Wed Aug 29, 2018 11:25 am
you use the SWR based on the portfolio when you retired. that's the point.
+1 -->
Yes, that's the point!

But hey, it is a free country, kind of, so you can do whatever you want.
You tough guys lol. I think I can see myself suffering from OMY syndrome when I get there
by MiddleOfTheRoad
Wed Aug 29, 2018 12:08 pm
Forum: Investing - Theory, News & General
Topic: Which FI number in the face of market fluctuations
Replies: 14
Views: 1073

Re: Which FI number in the face of market fluctuations

you use the SWR based on the portfolio when you retired. thats the point. I agree and am aware that is how it should be. But I am not sure I have the nerve of steel to stick with it. I have read all of Earlyretirementnow.com SWR series as well. I guess I am just a cup half empty kind of person. :|
by MiddleOfTheRoad
Wed Aug 29, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Which FI number in the face of market fluctuations
Replies: 14
Views: 1073

Which FI number in the face of market fluctuations

Consider the following scenarios: 1. You hit your FI of 1M and retire. Less than a week later the market crashed and you have 900k. Which number do you use for your withdrawal rate? 2. You hit your FI number of 900k. A week later it is 1M due to irrational exuberance. Which number so you use? I err ...
by MiddleOfTheRoad
Fri Aug 24, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 7860

Re: I still use cash not credit cards should I reconsider?

I cannot believe Bogleheads let this one slide. Let me help you look at it another way. The price of everything you buy (at merchants that accept credit card) has a ~3% buffer built in. That is what the banks charge the merchants and they pass it on to you. By getting 2% credit card reward back you...
by MiddleOfTheRoad
Fri Aug 24, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 7860

Re: I still use cash not credit cards should I reconsider?

I cannot believe Bogleheads let this one slide. Let me help you look at it another way. The price of everything you buy (at merchants that accept credit card) has a ~3% buffer built in. That is what the banks charge the merchants and they pass it on to you. By getting 2% credit card reward back you ...
by MiddleOfTheRoad
Tue Aug 21, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Maui in 2 days - August 23- cancel trip?
Replies: 12
Views: 1729

Re: Maui in 2 days - August 23- cancel trip?

Your insurance should cover in the event of natural disaster, but check with expedia. From what I read, the official recommendation is to not cancel yet. If your insurance covers then I would not cancel. In my experience with the volcano and hurricane Hector, the media coveeage made it sound a lot w...
by MiddleOfTheRoad
Tue Aug 21, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: Maui in 2 days - August 23- cancel trip?
Replies: 12
Views: 1729

Re: Maui in 2 days - August 23- cancel trip?

We were in Hawaii during the recent hurricane Hector warning. Did not even notice the difference. Was it generally sunny? Some clouds, otherwise I could not tell. Hector was about 400 miles off the coast of the Big Island. Check weather.com, they have update of the trajectory of the hurricane.
by MiddleOfTheRoad
Tue Aug 21, 2018 3:50 pm
Forum: Personal Consumer Issues
Topic: Maui in 2 days - August 23- cancel trip?
Replies: 12
Views: 1729

Re: Maui in 2 days - August 23- cancel trip?

We were in Hawaii during the recent hurricane Hector warning. Did not even notice the difference.
by MiddleOfTheRoad
Tue Aug 21, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity Zeros or Vanguard's patent advantage ?
Replies: 7
Views: 834

Re: Fidelity Zeros or Vanguard's patent advantage ?

If your withdrawal is more than the annual dividents/cap gain distributions, I don’t think the (assumed) superior tax efficiency of Vanguard funds matter much anymore. I would pick Fido Zero in your situation. Disclosure: We have both Fido and Vanguard. Had Schwab before as well but transferred out ...
by MiddleOfTheRoad
Fri Aug 17, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1173
Views: 96993

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops: :sharebeer One of the more intersting thread in a while. Have been around 15% intl of total portfolio, but that number is drifting lower. No change in position but it did...
by MiddleOfTheRoad
Wed Aug 15, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Octogenarian father in law's idea of balance: AAPL + CASH
Replies: 35
Views: 3601

Re: Octogenarian father in law's idea of balance: AAPL + CASH

Their income exceeds their expenses. At their age, this is their play money, they don’t need it. Leave him alone. It may be very risky, but it may work out fine.
by MiddleOfTheRoad
Mon Aug 06, 2018 10:33 pm
Forum: Investing - Theory, News & General
Topic: "Don't Obsess About Expense Ratios"
Replies: 240
Views: 21662

Re: "Don't Obsess About Expense Ratios"

I will wait for at least one year to see tax implication before doing anything.
by MiddleOfTheRoad
Tue Jul 31, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Joint Ownership of home with second wife
Replies: 184
Views: 12643

Re: Joint Ownership of home with second wife

Imagine the outcome if Cinderella’s father posted on Boglehead for advice before re-marrying...
by MiddleOfTheRoad
Mon Jul 30, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: What Should I Do About A Dying Friend's Assets?
Replies: 62
Views: 5526

Re: What Should I Do About A Dying Friend's Assets?

Some of the comments above strike me as ironic considering how much time and effort go into discussion of strategies to minimize taxes on this forum. I've never really thought of the government as a charity either. That whole concept makes me laugh. Edited to add: Sorry for your impending loss. Goo...
by MiddleOfTheRoad
Sun Jul 29, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Firecalc Says No Benefit to a Higher Equity Asset Allocation??
Replies: 47
Views: 4694

Re: Firecalc Says No Benefit to a Higher Equity Asset Allocation??

http://i68.tinypic.com/11acxnc.jpg OP, I read it a bit differently than the others. The graph seems to suggest that you hit the high point (probability of success) once you reach roughly 65% equities (35% fixed income). So to me I'd question why you'd want to increase your equities above that level...
by MiddleOfTheRoad
Mon Jul 23, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5290

Re: Pay for college with cash flow

A substantial amount of tax free growth can be accomplished in a taxable account by gifting appreciated stock to your student's brokerage account where she sells it in order to pay college expenses. If her income is high enough that her long term capital gains rate is higher than zero, she doesn't ...
by MiddleOfTheRoad
Thu Jul 19, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9141

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

Yes. Now is the perfect time to sell and diversify. No cap gain tax because of the step up!
by MiddleOfTheRoad
Tue Jul 17, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Have you ever purchased a pricy musical instrument?
Replies: 82
Views: 4583

Re: Have you ever purchased a pricy musical instrument?

This thread has me thinking. I was a pretty competitive violinist in my youth through college. I played on a student violin ($1300 25 years ago, now worth around $3.5-4K). In college I considered upgrading to a $10 range violin, but did not do so as I was not going into music as a long-term career ...
by MiddleOfTheRoad
Fri Jul 13, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 5858

Re: Would you trade experiences in your youth for early retirement

Our goal is to spend on what we value as we spend our lives together. There is a saving goal, but we won’t hesitate to abandon the saving goal temporarily if we feel there is something important needs to be done/experienced. Afterall, that is what money is for.
by MiddleOfTheRoad
Sat Jun 02, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Have $2.5M at 30, career advice needed
Replies: 49
Views: 5733

Re: Have $2.5M at 30, career advice needed

You are fine. You only need time and you will be more than fine. I feel FIRE is overrated and is another form of “keep up with the Joneses” if you really think about it. FIRE sometimes is waved around as a badge of honor, not unlike sending your kids to the best private school or becoming a part of ...
by MiddleOfTheRoad
Wed May 30, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: get sued for posting nagative online review?
Replies: 64
Views: 7533

Re: get sued for posting nagative online review?

Yelp is flawed. Businesses try to bribe consumers to give good reviews. Consumers use Yelp as an extortion tool to get discount or get out of paying all together (I have seen this happen: “if you don’t give me what I want I will post neg reviews on Yelp”. Not saying this is the case in this situatio...
by MiddleOfTheRoad
Fri May 25, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: Folks, I'm calling the Tops for Bay area RE market
Replies: 46
Views: 3640

Re: Folks, I'm calling the Tops for Bay area RE market

2000 - 2002: tech crashed. Housing in Bay Area? Doubled from 2000-2007 2007-2011: most houses went down 30-40% in value. Now nearly double the high in 2007 Just illustrating the unpredictability of the housing market here. Will it continue? I have no idea. Buy when you can afford it. Sell when you n...
by MiddleOfTheRoad
Wed May 23, 2018 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Buy this home?
Replies: 39
Views: 4327

Re: Buy this home?

Others have already beat the numbers to death. Looks like you can afford it, albeit not 100% comfortably. You have to take some risk in life. Is the risk worth it for your happiness? What is the worse case scenario? 20% or 30% down side if you sell in a down market? How much would you lose in the wo...
by MiddleOfTheRoad
Sat Apr 28, 2018 11:04 am
Forum: Investing - Theory, News & General
Topic: Four Noble Truths, investment version
Replies: 9
Views: 1411

Re: Four Noble Truths, investment version

hoppy08520 wrote:
Sat Apr 28, 2018 7:39 am
Very nice :-)

Could you please follow this with the investor version of the eightfold path? ;-)
:shock: :sharebeer
by MiddleOfTheRoad
Fri Apr 27, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Four Noble Truths, investment version
Replies: 9
Views: 1411

Re: Adapted Four Noble Truths, investment version

GAAP wrote:
Fri Apr 27, 2018 9:39 am
Not something I ever expected to read -- but very well done.

I crave to be as disciplined, wise, and noble as you said...
You are not supposed to crave my friend, just be. :beer
by MiddleOfTheRoad
Thu Apr 26, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: Four Noble Truths, investment version
Replies: 9
Views: 1411

Four Noble Truths, investment version

Since I stumbled on this site last year, I have always thought of the Bogleheads as disciplined, wise, noble people, not unlike the Jedi or Buddhist monks :D (sorry to offend anyone, I mean it as the best compliment possible). Anyways, adapted from the Buddhist teaching, the Four Noble Truths: 1. We...
by MiddleOfTheRoad
Thu Apr 26, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: Financial Freedom
Replies: 22
Views: 3052

Re: Financial Freedom

Although some people criticize him and he may be a little extreme on some things, Klangfool posted his process recently and it is worth a look. He has some very valid points. Search the forum for Klangfool. Best of luck. Edit: here is the link https://www.bogleheads.org/forum/viewtopic.php?f=10&t=24...
by MiddleOfTheRoad
Mon Apr 23, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Philosophy Open To Change?
Replies: 197
Views: 11034

Re: Boglehead Philosophy Open To Change?

OP, Dude, Boglehead is a way of investing and a solid one at that. You can follow it or optimize it further if you think you are better. You can hang out here if you think you will learn something or not. If you want to debate a point people here are happy to engage and poke holes as it has been dem...
by MiddleOfTheRoad
Tue Apr 17, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 83
Views: 7968

Re: Help me explain why pre-tax investing can help when retiring in same bracket

It's an ideal form of insurance in that one is only obliged to pay the premium at the end, if one has not suffered the covered casualty. Is there a typo in the situation? Shouldn't it be other way around aka similar to short term COBRA where you pay premium only if you incur medical expenses during...
by MiddleOfTheRoad
Wed Apr 11, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Capital Efficiency Trumps Fees In Search For Portfolio Diversifiers
Replies: 9
Views: 1130

Re: Capital Efficiency Trumps Fees In Search For Portfolio Diversifiers

The only constant is the fee. Everything else (including the promise of better return) is variable...
by MiddleOfTheRoad
Tue Apr 10, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12086

Re: 36 yr old BH Newbie with substantial savings- Help!!!

“Cost basis” is how much you put in. You need to get away from that FA, and he has to provide you of the records. But do take some time after that and evaluate the tax implication. You can post here and others will chime in. I put in 150 K in one lump sum roughly 2 years ago. I’m wondering if there...
by MiddleOfTheRoad
Tue Apr 10, 2018 9:17 am
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12086

Re: 36 yr old BH Newbie with substantial savings- Help!!!

“Cost basis” is how much you put in. You need to get away from that FA, and he has to provide you of the records. But do take some time after that and evaluate the tax implication. You can post here and others will chime in.
by MiddleOfTheRoad
Tue Apr 10, 2018 3:01 am
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12086

Re: 36 yr old BH Newbie with substantial savings- Help!!!

To answer your original question, if I were to be in your shoes I would do the following (now that I have a little time on my hands :wink: ) 401k: 72k (all allocated in TRP Retirement 2045...symbol is TRRKX) * We have never looked into contributing to the 403b offered through my wifes job (county pu...
by MiddleOfTheRoad
Tue Apr 10, 2018 2:08 am
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12086

Re: 36 yr old BH Newbie with substantial savings- Help!!!

Honestly you should probably take Natsdoc’s recommendation from above and do not do back door for 2017. I have always done a “clean” back door Roth to minimize errors. If you are wrong the tax hit is way more than any tax benefit you gain from one year of back door Roth. Start it for 2018 with a cle...
by MiddleOfTheRoad
Mon Apr 09, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12086

Re: 36 yr old BH Newbie with substantial savings- Help!!!

I thought it through and I think spth is right. If the conversion is done for all non-deductible amount in 2018(even if some of that amount is contributed for 2017) and the trad IRA balance is 0 at the end of 2018, the OP should be clear. Please correct me if my thinking is flawed.
by MiddleOfTheRoad
Mon Apr 09, 2018 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 81
Views: 12086

Re: 36 yr old BH Newbie with substantial savings- Help!!!

Since our combined 2017 income does not allow us to participate in Roth IRA’s for 2017, I am definitely interested in doing 2 backdoor Roth IRA’s. I am guessing that I can do 2 traditional IRA’s before the 2017 deadline (4/16/18) and then wait to do the conversion to Roth since I would have to firs...