Search found 836 matches

by ThriftyPhD
Sat Aug 17, 2019 11:02 am
Forum: Personal Investments
Topic: Where to put new money? Small Windfall
Replies: 16
Views: 2012

Re: Where to put new money? Small Windfall

I-bonds? With mortgage debt at 3.375%? Why iBonds? One could make an argument to put 100% of this windfall into equities hoping to have a better return than the 3.375% mortgage note, but I wouldn't be putting dime one of it into bonds when I hold a mortgage at that rate based on where treasury rate...
by ThriftyPhD
Fri Aug 16, 2019 9:27 pm
Forum: Personal Investments
Topic: Where to put new money? Small Windfall
Replies: 16
Views: 2012

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 ThriftyPhD
Sat Aug 10, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab as a one stop shop
Replies: 46
Views: 4454

Re: Schwab as a one stop shop

I have no bone to pick with Fidelity CMA though (or it’s customer service), just saying you can essentially achieve similar goal. The Schwab domestic/international ATM feature was what attracted me most rather the cash options. Fidelity CMA also has free ATM worldwide, so that benefit is a draw. I ...
by ThriftyPhD
Thu Aug 08, 2019 3:59 pm
Forum: Personal Investments
Topic: Rollover to Vanguard or Fidelity?
Replies: 32
Views: 1891

Re: Rollover to Vanguard or Fidelity?

I would suggest the default should be to leave it, unless there is a good reason for rolling it out. I would suggest the default position should be to think for yourself. Leaving assets in a 401k may make sense under the limited circumstances you described. Rolling it over makes sense if control an...
by ThriftyPhD
Thu Aug 08, 2019 12:19 pm
Forum: Personal Investments
Topic: Rollover to Vanguard or Fidelity?
Replies: 32
Views: 1891

Re: Rollover to Vanguard or Fidelity?

To add to ThriftyPhD’s list: 1. Possible access to the Vanguard mutual funds you want without trading fees 2. If you were age 55+ when you separated from employer, “rule of 55” would allow penalty-free withdrawals prior to age 59-1/2 Not advocating for 401k or IRA. My main point was that you might ...
by ThriftyPhD
Thu Aug 08, 2019 12:17 pm
Forum: Personal Investments
Topic: Rollover to Vanguard or Fidelity?
Replies: 32
Views: 1891

Re: Rollover to Vanguard or Fidelity?

Are you sure you “have to” move your 401k? Some companies allow former employees to remain in their 401k plans. HomeStretch .. What advantage do you see leaving it in a 401k? I might have missed something but I didn't see that big of benefit leaving it in the 401k. A few things that might be releva...
by ThriftyPhD
Wed Aug 07, 2019 7:52 pm
Forum: Personal Investments
Topic: Rollover to Vanguard or Fidelity?
Replies: 32
Views: 1891

Re: Rollover to Vanguard or Fidelity?

Are you sure you “have to” move your 401k? Some companies allow former employees to remain in their 401k plans. HomeStretch .. What advantage do you see leaving it in a 401k? I might have missed something but I didn't see that big of benefit leaving it in the 401k. A few things that might be releva...
by ThriftyPhD
Wed Aug 07, 2019 7:46 pm
Forum: Personal Investments
Topic: Does it bug anyone else that Vanguard only has money market for cash?
Replies: 101
Views: 8397

Re: Does it bug anyone else that Vanguard only has money market for cash?

It's interesting to see the range of perceptions here. I get the interest in trying to understand the minute details. Personally, I have no issue in having money saved in federal money market funds. I use them instead of savings accounts. I understand the argument that they might not be as safe as F...
by ThriftyPhD
Sat Aug 03, 2019 6:33 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1456

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

If you have $25k to save and if your plan has those high fees, do not save all your $25k in that bad plan. You can put $7k into tIRA or Roth IRA or a combination of the two. You could save some in taxable as well. I think you might benefit from posting your entire picture in the format we use to he...
by ThriftyPhD
Thu Aug 01, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Aggressive loan paydown on sub-2.5% fixed debt?
Replies: 18
Views: 1175

Re: Aggressive loan paydown on sub-2.5% fixed debt?

I have ~185k remaining on student debt at 2.45% fixed 5-year payoff. I have a high enough income that, if I live like a resident for one more year, I can pay it off by August 2020 in exactly one year. I have asked this same question in the WCI forum, and most people there recommended either splitti...
by ThriftyPhD
Wed Jul 31, 2019 6:59 pm
Forum: Personal Investments
Topic: Personal Investment Inquiry
Replies: 5
Views: 571

Re: Personal Investment Inquiry

Many here use Merrill Edge. It's a low cost broker, especially if you qualify for Preferred Rewards and get free trades. However, the best use of Merrill Edge is to buy ETFs. The purchase is low/no cost. A target date fund or any other mutual fund will likely have a larger purchase fee. For example,...
by ThriftyPhD
Wed Jul 31, 2019 6:49 pm
Forum: Personal Consumer Issues
Topic: Should I finance new car purchase?
Replies: 16
Views: 1340

Re: Should I finance new car purchase?

Nate79 wrote:
Wed Jul 31, 2019 7:14 am
If the cost of the car would eat up most of your emergency fund perhaps the car is too expense.
Another way to look at it: If your emergency fund is 3-6 months of spending, if buying a new car doesn't deplete a large portion of your emergency fund, perhaps you regularly spend too much.
by ThriftyPhD
Wed Jul 31, 2019 6:32 am
Forum: Personal Consumer Issues
Topic: Should I finance new car purchase?
Replies: 16
Views: 1340

Re: Should I finance new car purchase?

Money is fungible. It doesn't sound like there are any strings attached to the funds from your company, and I'm guessing they get taxed the same whether it goes straight to a car place or to your pocket. So ultimately, this boils down to a simple buy cash or finance question, which is asked all the ...
by ThriftyPhD
Sun Jul 28, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: Follow-up Questions to "Be Careful How you Frame the Problem"
Replies: 14
Views: 1223

Re: Follow-up Questions to "Be Careful How you Frame the Problem"

Here is something I don’t understand.... In other words, you don’t have to choose from A, B, C and D ( in relation to factors ). You can outfox the box and instead choose E, which diversifies across the different asset classes (and factors). Isn’t investing in multiple risk factors the same as buyi...
by ThriftyPhD
Sun Jul 28, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Why do my Oral-B brush heads wear out so quickly?
Replies: 16
Views: 1450

Re: Why are my Oral-B brush heads wear out so quickly?

Assuming you didn't simply get a bad batch, and that this is something you've observed for years, my guess is that you're pressing too hard. I know I brushed too hard with manual toothbrushes, and they would often end up looking like yours. My Oral B has a pressure indicator to show when I'm applyin...
by ThriftyPhD
Sun Jul 28, 2019 5:16 pm
Forum: Forum Issues and Administration
Topic: Why is the forum blue?
Replies: 15
Views: 2621

Re: Why is the forum blue?

This forum uses phpBB, and the default style for phpBB is prosilver. You can available styles at https://www.phpbb.com/customise/db/style/prosilver/demo/3.2# As you can see, the default style prosilver is the same as the one used here. My guess is that the admins chose to stick to the default becaus...
by ThriftyPhD
Sat Jul 27, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: Exactly when do mutual funds buy securities?
Replies: 3
Views: 395

Re: Exactly when do mutual funds buy securities?

For one, mutual funds tend to have a small fraction, a fraction percent or so, of the assets in cash like assets. VTSAX (Vanguard Total Stock Market Admiral Shares) has over $6 million in liquidity funds, and $200k in Tbills. A second point is that while you might be buying, there are also people wh...
by ThriftyPhD
Fri Jun 28, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: Indoor fly traps - what do Bogleheads recommend?
Replies: 24
Views: 1239

Re: Indoor fly traps - what do Bogleheads recommend?

If it's fruit flies, the long term solution is to make sure no food is out for them. Clean up all food spills, don't keep fruit out, etc. To get rid of the crop, an effective method is to fill a glass with an aromatic food source. You can try a small amount of wine, beer, vinegar, or similar items. ...
by ThriftyPhD
Fri Jun 28, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: What correlation to expect between 4-Week Treasury rate and Total Bond Market yield?
Replies: 6
Views: 461

Re: What correlation to expect between 4-Week Treasury rate and Total Bond Market yield?

Why are you comparing such vastly different durations? If that makes it an apples-and-oranges situation, then I guess the answer is "there would be no correlation". But I'm assuming that if short-term Treasury yields go down, FXNAX (holding more than 40% Treasuries) would have to go down at least s...
by ThriftyPhD
Fri Jun 28, 2019 10:05 am
Forum: Personal Investments
Topic: I have two options for a Mega Backdoor Roth
Replies: 10
Views: 651

Re: I have two options for a Mega Backdoor Roth

One thing you'll want to look into is if there are differences in terms of frequency or cost. Some plans, for example, let you set up automatic conversions After Tax -> Roth 401k. Same day of contribution, so no gains. No fee. But they might restrict the After Tax -> Roth IRA process, either only le...
by ThriftyPhD
Fri Jun 28, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4097

Re: how much to finance a new car at .9%

Putting the car aside... would you walk into your local bank and borrow $33k at to invest? If no, then pay off your car today. Like others have said, the spread is minimal and your earnings would probably buy you an extra Big Mac each year (metaphorically speaking). If I could borrow money at 1% to...
by ThriftyPhD
Fri Jun 28, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4097

Re: how much to finance a new car at .9%

Strangely the offer of $500 bucks off if you take the financing is quite attractive. I would finance it initially, then you can easily choose to pay it off as quickly as you like. I financed my car, took the $500 off, and the 0.9% financing, and paid it off in 24 payments. Or do it in 12.... or 2.....
by ThriftyPhD
Fri Jun 28, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4097

Re: how much to finance a new car at .9%

Strangely the offer of $500 bucks off if you take the financing is quite attractive. I would finance it initially, then you can easily choose to pay it off as quickly as you like. I financed my car, took the $500 off, and the 0.9% financing, and paid it off in 24 payments. Or do it in 12.... or 2.....
by ThriftyPhD
Thu Jun 27, 2019 11:24 pm
Forum: Personal Investments
Topic: Approximating VTWAX with my employer's 401k fund selections
Replies: 19
Views: 3023

Re: Approximating VTWAX with my employer's 401k fund selections

if you're offsetting with a international to US transaction in your 401k that would maintain your AA. An alternative is as stan1 suggested, which is to find tax harvesting partners in taxable. Got it - thank you. I understand the flexibility with ETFs now but I'm inclined to go the mutual fund rout...
by ThriftyPhD
Wed Jun 26, 2019 6:30 pm
Forum: Personal Investments
Topic: Approximating VTWAX with my employer's 401k fund selections
Replies: 19
Views: 3023

Re: Approximating VTWAX with my employer's 401k fund selections

You'll want to identify tax loss harvest pairs in taxable. Can you elaborate on this? If I had VTSAX and VTIAX in taxable, does selling one and buying the other not constitute a tax loss harvest pair? And do the adjustment needed to maintain the ratio in my 401k. That's one way to do it. Selling VT...
by ThriftyPhD
Tue Jun 25, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: TIPS bond funds have provided less inflation protection than nominal treasuries recently
Replies: 23
Views: 1534

Re: TIPS bond funds have provided less inflation protection than nominal treasuries recently

My understanding: TIPS will protect you against UNEXPECTED inflation. They're priced at a premium over nominal bonds based on 'expected' inflation, with a bit more cost for the inflation protection. So, if inflation turns out to be what investors expected, nominal bonds will do slightly better. If i...
by ThriftyPhD
Mon Jun 24, 2019 1:35 am
Forum: Personal Investments
Topic: Approximating VTWAX with my employer's 401k fund selections
Replies: 19
Views: 3023

Re: Approximating VTWAX with my employer's 401k fund selections

If you're interested in approximating VTWAX, lets take a look at it's components: https://investor.vanguard.com/mutual-funds/profile/portfolio/vtwax Region allocation: 9.70% Emerging Markets 18.80% Europe 13.10% Pacific 0.20% Middle East 58.00% North America 0.20% Other If you scroll down a bit more...
by ThriftyPhD
Tue Jun 18, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: short term treasury ETFs a money market account substitute?
Replies: 20
Views: 1943

Re: short term treasury ETFs a money market account substitute?

I meant to add above that if I had the money at Vanguard, I would personally choose their money market funds. The yield is good. The ETFs might make better sense at brokerages like Merrill Edge which do not have an easily accessible MMF with decent yield.
by ThriftyPhD
Tue Jun 18, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: short term treasury ETFs a money market account substitute?
Replies: 20
Views: 1943

Re: short term treasury ETFs a money market account substitute?

Capital gains 'could be an issue' in the sense that you might have them and need to report them, but for the most part the share price will remain relatively steady and the bulk of the taxes you pay will come from distributions. Over the past year, VGSH has ranged from 61.37 to 59.58. The difference...
by ThriftyPhD
Sat Jun 15, 2019 6:52 pm
Forum: Personal Investments
Topic: Mega backdoor roth, keep in Roth 401k or do in service rollover to Roth IRA
Replies: 11
Views: 1036

Re: Mega backdoor roth, keep in Roth 401k or do in service rollover to Roth IRA

A few aspects to consider: Choice of funds. If your current plan has good low cost index funds, this might not be an issue. The only concern might be if they make changes, either passing more fees to you, or getting rid of an index fund that you need/want. This is probably an unlikely event, especia...
by ThriftyPhD
Sat Jun 15, 2019 10:47 am
Forum: Personal Investments
Topic: Solid non-Vanguard International ETF or MF?
Replies: 2
Views: 271

Re: Solid non-Vanguard International ETF or MF?

Take a look on this page on the wiki:

https://www.bogleheads.org/wiki/Three-f ... head-style

It has suggestions for both ETFs and MFs that are equivalent to the VTSAX/VTIAX/VBTLX US/Int/Bond 3 fund portfolio from Vanguard.
by ThriftyPhD
Thu May 23, 2019 6:41 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 14312

Re: My Broker is Freaking me out UPDATE

I think I remember reading about ‘BOB’ who timed the market really bad and enter in 2001 but stayed, enter in 2008 but stayed etc. Any help on this would be great. https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ If we decide to mange it ourselves well there is a possibility the ...
by ThriftyPhD
Sun May 19, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5711

Re: Guidance on choosing between UMich and Brown

Specifically about the joint CS - economics concentration, it sounds somewhat rigorous for B.S. (or ScB as Brown calls it) with 20 required courses vs 16 for the B.A. (or AB at Brown). This is made more palatable by the Open Curriculum (complete absence of non-major requirements) and lenient gradin...
by ThriftyPhD
Sun May 19, 2019 8:36 am
Forum: Personal Investments
Topic: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?
Replies: 16
Views: 1718

Re: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?

If you follow the link from the VTWNX (Vanguard Target Retirement 2020 Fund) page you can find the Prospectus . If you scroll down to page 13, you find the fees for your fund. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) Management ...
by ThriftyPhD
Sat May 18, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: How do I prevent yellow underarm stains on my white shirts?
Replies: 24
Views: 3397

Re: How do I prevent yellow underarm stains on my white shirts?

https://www.amazon.com/Arm-Hammer-Essen ... B002BX4E0Q
Stain Shield
Get long-lasting odor protection without sacrificing your clothes. Essentials won't leave yellow underarm stains on your favorite shirt or blouse.
by ThriftyPhD
Fri May 17, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 5711

Re: Guidance on choosing between UMich and Brown

As someone who works in STEM/Tech, I didn't even know Brown had a CS department. Based entirely on school reputation, for anything science/tech related, UM or any other top flight state school would be well above Brown in my opinion. That would not be the case for Humanities. If you had mentioned MI...
by ThriftyPhD
Mon Apr 29, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: Why so many Vanguard Funds and ETFs if their motto is simplicity and to hold.
Replies: 19
Views: 1636

Re: Why so many Vanguard Funds and ETFs if their motto is simplicity and to hold.

So if the premise is simplicity, and the financial advisers are pushing simplicity, why are there so many more options? Some must make sense right? Some, if used smartly/in combo, must do better than a combined VTSAX, VTIAX and VBTLX right? Take just US equities. As you say, VTSAX might be the best...
by ThriftyPhD
Sat Apr 27, 2019 6:17 pm
Forum: Personal Consumer Issues
Topic: weber grills
Replies: 34
Views: 3012

Re: weber grills

I'm thinking of buying a weber propane grill to be able to cook for a family of 5 and occasional guests. There are way too many options so I wanted your input on how you guys went about purchases a specific model. I looked at the sprit line vs. the genesis line and even within those lines of grills...
by ThriftyPhD
Tue Apr 16, 2019 7:03 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1855

Re: FreeTaxUSA website down

Might be the support people are in India and they blew their no change blackout date time instruction. 2:30 EDT 4/15 = mid-night 4/16 India time. When my company started using Indian IT Services, this happened several times. The solution: we stateside people enlarged the blackout period sent to Ind...
by ThriftyPhD
Tue Apr 16, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1855

Re: FreeTaxUSA website down

and its back offline... Yep. I was on the final page when it crashed again at ~10. I jumped to a different tax software, finished my federal and was about to start on State when FreeTaxUSA came back online and I was able to submit around 11. I saw on facebook/twitter that it went back down not long...
by ThriftyPhD
Mon Apr 15, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1855

Re: FreeTaxUSA website down

Cycle wrote:
Mon Apr 15, 2019 7:50 pm
i did 95% of my taxes a few weeks ago, but of course i had a few things to double check and now i can't get into my forms. hopefully they fix it soon...
Same. I had it done, but wanted to look it over in detail before submitting and give myself time to make sure I wasn't forgetting anything.
by ThriftyPhD
Mon Apr 15, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1855

FreeTaxUSA website down

When you try to login: Site Maintenance We sincerely apologize for the inconvenience. FreeTaxUSA is currently undergoing scheduled maintenance and upgrades to provide superior service and usability. FreeTaxUSA will return shortly. Thank you for your patience. Others reported being kicked out as they...
by ThriftyPhD
Sun Apr 14, 2019 10:14 am
Forum: Personal Investments
Topic: how to invest in taxable account for 6 years
Replies: 16
Views: 1540

Re: how to invest in taxable account for 6 years

I think a big part of this is how tight is the timing. If the answer is: On April 15, 2025 I need to withdraw $1.203 million to finalize the purchase of the house I am contractually obligated to buy on that date for that price Then you're going to need to be very conservative. On the other hand, an ...
by ThriftyPhD
Sat Apr 06, 2019 10:16 pm
Forum: Personal Investments
Topic: Fidelity Bonus?
Replies: 6
Views: 1673

Re: Fidelity Bonus?

whodidntante wrote:
Sat Apr 06, 2019 9:25 pm
If only there were some sort of thread where we could collect information on brokerage bonuses. It would need to be both final and definitive though.
:beer
by ThriftyPhD
Fri Apr 05, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Smartphones with Least Bloatware
Replies: 29
Views: 4609

Re: Smartphones with Least Bloatware

If you go with Android, you want to find a phone with as 'Vanilla' an OS as possible. The Google Pixel (previously Nexus) phones are stock android. In the past, Nexus was the answer if you wanted an Android phone. Now Google has Android One which has various agreements that will keep you in a minima...
by ThriftyPhD
Sat Mar 30, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1619

Re: Should I keep own set of banking ledgers?

With all the weekly transactions of my family with Amazon, Favor, McDonalds, gas, utilities, Kindle, Hulu, etc....I would spend an hour every day typing all these transactions and comparing them to my online account. I manually enter all of my transaction into GnuCash. I've read that using cash has...
by ThriftyPhD
Sat Mar 30, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1619

Re: Should I keep own set of banking ledgers?

Personally, I like to enter my transactions as they occur (and this is highly automated as well, especially for checking, so it's not so much work). This is so I know all the time what I'm on the hook for spending-wise. But now I wonder if I am just causing myself more bookkeeping grief and wasted ...
by ThriftyPhD
Sat Mar 30, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1619

Re: Should I keep own set of banking ledgers?

I have found errors in credit card statements, and bank balances. Can you elaborate and give examples? I'm not the person you asked, but about 15 years ago I deposited a few checks in person at a local branch. The teller was new and apparently didn't credit the money correctly. I noticed by checkin...
by ThriftyPhD
Tue Mar 26, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage early or Retirement Accounts?
Replies: 10
Views: 819

Re: Pay off Mortgage early or Retirement Accounts?

B) But roughly $3 million of the $4 will be since we are contributing about 3 times as much to the 401k than the Roth. If you're worried about having too much pretax you could choose Roth over traditional in your 401k. I wouldn't give up tax advantaged space to prepay a mortgage. You're young enoug...