Search found 138 matches

by Wabbit
Thu Nov 21, 2019 9:33 pm
Forum: Personal Investments
Topic: Effect of 27 Paychecks in 2020 to TSP
Replies: 22
Views: 1439

Re: Effect of 27 Paychecks in 2020 to TSP

My agency differed in a couple of ways: - the "EFT pay date" was what mattered for TSP - They shifted the EFT pay date by a day or two, for two years in a row, so that the 27 EFT pay date year lined up with the year that had 27 pay periods. So you might want to check your HR to be sure about 2020 fo...
by Wabbit
Wed Oct 30, 2019 11:14 pm
Forum: Personal Investments
Topic: investment check-up, 34-year-old student
Replies: 26
Views: 2598

Re: investment check-up, 34-year-old student

OP, you mentioned being in the military. Do you expect to have a pension in retirement? I agree with willthrill's post if you don't have a pension. More explanation related to that is here in a post by boglehead TFB on his blog: https://thefinancebuff.com/case-against-roth-401k.html But, if you have...
by Wabbit
Sun Oct 20, 2019 6:01 pm
Forum: Personal Investments
Topic: Please comment on my portfolio
Replies: 8
Views: 1166

Re: Please comment on my portfolio

3) I would only consider a Roth conversion if I was going to have a significantly lower income for a year or two. You mentioned selling a business and starting up another one; do you think you'll have a year or two of significantly lower income? If so, that could be a good time to convert. There als...
by Wabbit
Wed Oct 09, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3462

Re: Consumer Reports

I do still think it is worthwhile. I also think the paper+online approach is appropriate for this day and age. The magazine is more info-tainment and not as many reviews included as in the past. But honestly, I don't keep a pile of the magazines in a box for when I need to buy something, I go online...
by Wabbit
Sun Sep 29, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Mouse in the house
Replies: 46
Views: 4436

Re: Mouse in the house

I replied mainly to discourage poison, at least unless you've tried all other possibilities without success. There is a lot of incorrect info on the internet about how poison "makes them thirsty so they go outside to drink". That just isn't true, they will just as likely die behind your wall and mak...
by Wabbit
Thu Sep 26, 2019 5:03 am
Forum: Personal Investments
Topic: Taking A Crack At This...[Portfolio Review]
Replies: 23
Views: 2218

Re: Taking A Crack At This...[Portfolio Review]

I usually recommend including some high-quality bonds in a portfolio, even for younger investors, because it is hard to judge your risk tolerance until you've gone through a big downturn like 2008. It is easy to say "hold an asset allocation through thick and thin" but very hard to do it when the ne...
by Wabbit
Thu Sep 12, 2019 10:38 pm
Forum: Personal Consumer Issues
Topic: Whether to change phone number for elderly parents
Replies: 34
Views: 3241

Re: Whether to change phone number for elderly parents

I wanted to add, I think technically nomorobo works with any VoIP service, which can be from either a cable company or a phone company. Just not the traditional phone service. I did find that making that switch and getting nomorobo was worth it, the number of robocalls was reduced quite a bit.
by Wabbit
Wed Aug 07, 2019 7:56 am
Forum: Personal Finance (Not Investing)
Topic: How far to float before locking in mortgage...
Replies: 9
Views: 882

Re: How far to float before locking in mortgage...

Does the 75 day lock offer a lower rate should rates continue to go down? I had that a few years ago while buying a house. It was a long lock period and if rates kept going down we could do a one time lower rate lock. Right, I think that is called a "float-down". I think at least some lenders offer...
by Wabbit
Sun Aug 04, 2019 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Yet another ‘can I afford this house’
Replies: 16
Views: 1671

Re: Yet another ‘can I afford this house’

Yes, I think you can afford the more expensive house. Although all I did was run it through an online calculator, you still had considerable margin.

Of course, if you've been on the forum for a while you know that many bogleheads are very conservative about housing costs...
by Wabbit
Sat Jul 27, 2019 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Help understanding TSP match.
Replies: 9
Views: 627

Re: Help understanding TSP match.

Helo80 wrote:
Sat Jul 27, 2019 8:14 am
The limit on employer and employee contributions in 2019 is $56,000. Only Trump is likely at risk of that limit as a fed.
I believe you're talking about "mega backdoor Roth" and I believe that is not an option for the TSP:

viewtopic.php?t=175553
by Wabbit
Sun Jul 21, 2019 11:43 pm
Forum: Personal Investments
Topic: Thoughts on 33% Large 33% Mid and 33% small?
Replies: 84
Views: 6741

Re: Thoughts on 33% Large 33% Mid and 33% small?

OK, we all skipped this first part: I am very curious on everyone's thoughts on having a portfolio that is 100% equities and got distracted by the slicing and dicing. I'm not against 100% equities, but I would recommend 80% stock/20% bond at most, for most. My rhetorical question for the OP, did you...
by Wabbit
Tue Jul 16, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Lemonade Insurance
Replies: 7
Views: 2548

Re: Lemonade Insurance

No experience with them, but I like to look at the justified consumer complaint ratio published by many states' insurance comissioners. For CA, unfortunately they don't show up on the automobile list, but they do show up on the homeowner's list. They have more justified complaints than many others: ...
by Wabbit
Tue Jul 02, 2019 11:32 pm
Forum: Personal Consumer Issues
Topic: Parents got ripped off, what can I do about it?
Replies: 75
Views: 7225

Re: Parents got ripped off, what can I do about it?

It's always worth a try to call the parent company. However, I wouldn't expect much. I expect that it is entirely the company's choice as to refunding your parents any amount. After all, the company was hired to do a job for a certain price, and they did it. But maybe they would choose to refund som...
by Wabbit
Sat Jun 29, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Tired of being authorized user on credit cards - opening my own
Replies: 24
Views: 1917

Re: Tired of being authorized user on credit cards - opening my own

It's come to my attention that the credit cards I've held jointly for years with my DH aren't joint accounts. He's the primary card holder and in the eyes of the issuer, I'm just some random authorized user. Time to fix that! Thanks for highlighting this! I've had a credit card with my spouse for q...
by Wabbit
Sat Jun 22, 2019 2:22 pm
Forum: Personal Consumer Issues
Topic: How do you approach tipping at carry-out restaurants
Replies: 111
Views: 8434

Re: How do you approach tipping at carry-out restaurants

I caved when faced with the social-engineered pressure of the ipad running the credit card, which expects you to tip. So I tip $1 at places that have that.
by Wabbit
Thu May 16, 2019 10:38 pm
Forum: Investing - Theory, News & General
Topic: Argument against Target Fund
Replies: 32
Views: 2650

Re: Argument against Target Fund

Well, the most compelling argument against target funds for me is that fund companies seem to keep tinkering with them. Many in the last 5 years have changed the glidepaths to be more stock-heavy. So if you had an allocation / glidepath you liked, it might have changed on you. You can check it and s...
by Wabbit
Sat May 11, 2019 8:32 pm
Forum: Personal Investments
Topic: First Book to Get - Updated with a Question
Replies: 15
Views: 1754

Re: First Book to Get

This book is short and free. Basically recommends the three fund portfolio which is what you'd get from the bogleheads guide to investing: https://www.etf.com/docs/IfYouCan.pdf arcticpineapplecorp beat me to it. Don't worry about the text aimed at millennials, I think "If You Can" is a good startin...
by Wabbit
Sun May 05, 2019 10:36 pm
Forum: Personal Consumer Issues
Topic: Roku
Replies: 37
Views: 4629

Re: Roku

Overall your setup seems reasonable for a Roku. I at least don't see any issues with sending the Roku HDMI into the receiver. It looks like some Roku remotes can control the power and volume of the TV, but not other accessories like a receiver. The roku help page suggested that sometimes a TV can in...
by Wabbit
Tue Apr 02, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Repair Bosch Dishwasher or Buy New?
Replies: 35
Views: 3558

Re: Repair Bosch Dishwasher or Buy New?

It looks like bogleheads are divided on repair vs. replace. I had this decision for a dishwasher a couple of months ago and I went with replace. I would rather have the $300 go toward a new one, after 10 years I wasn't sure how long the repaired dishwasher would last. I had different symptoms though...
by Wabbit
Thu Feb 21, 2019 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Insurance paid me more for damage than what the dealership quoted me
Replies: 8
Views: 1347

Re: Insurance paid me more for damage than what the dealership quoted me

I think the short answer is yes. I think it is also up to you if you want to do the repair or just keep the money.

I recently had a minor repair where the other insurance co paid me directly, but I went ahead with the repair. I've had other times the insurance wanted to pay the body shop directly.
by Wabbit
Sun Feb 03, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: United States tax software
Replies: 10
Views: 791

Re: United States tax software

freetaxusa.com has worked well for me. Free federal, state is $12.95.

Partly this decision depends on if you prefer to download tax software to your computer, or if you are ok with an online company having your tax info on their servers.
by Wabbit
Tue Jan 01, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to online banking (Ally)
Replies: 35
Views: 2221

Re: Moving to online banking (Ally)

I don't think 2 accounts is that complicated. There are some reasons to keep a brick & mortar bank. I have had rare times that I needed a medallion signature guarantee, and that is typically only done with those. You can search the forum and find some other threads with some other reasons that I'm f...
by Wabbit
Tue Dec 25, 2018 12:17 am
Forum: Investing - Theory, News & General
Topic: Are we officially in bear market ?
Replies: 79
Views: 10331

Re: 2008/09 vs. 2018

All three major indices are either in a bear market or very close to one. How does 2018 compare to 2008/09? IMHO, 2018 just didn't *feel* like 2008/09. 2008 had palpable fear: headlines screaming about which sovereign nations might default, which venerated Wall St. firms might blow up next, and won...
by Wabbit
Fri Dec 14, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Newbie investors: Is investing easier or harder than you expected
Replies: 4
Views: 408

Re: Newbie investors: Is investing easier or harder than you expected

I'm not a newbie but I like how Boglehead Bill Bernstein put it: "Dieting and investing are both simple, but neither is easy." He wrote that in "If You Can", a how-to guide for beginning investors, which I think is well worth a read.

http://efficientfrontier.com/ef/0adhoc/2books.htm
by Wabbit
Wed Nov 07, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA.com now has 2018 Return available.
Replies: 41
Views: 5191

Re: FreeTaxUSA.com now has 2018 Return available.

b0B, thanks for checking! I had checked last week and even emailed their support about when 2018 will be ready, but got a generic "sometime before the end of Dec" answer. When TaxAct bumped up their price I switched and it worked well for me (my taxes are relatively straightforward though).
by Wabbit
Tue Oct 02, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Tipping
Replies: 55
Views: 4260

Re: Tipping

Do whatever feels right to you. Our tipping culture is honestly bizarre and inconsistent. For example, outside the airport, many people tip the curbside baggage handlers. Inside the airport many people don't tip the airline baggage handlers for doing the same job.
by Wabbit
Wed Aug 01, 2018 2:26 pm
Forum: Personal Investments
Topic: 403B allocation help w/ Fidelity index funds
Replies: 12
Views: 622

Re: 403B allocation help w/ Fidelity index funds

Offhand, those Fidelity funds seem comparable to the TSP funds, so you could replicate similar portfolios in both plans for simplicity. You didn't mention S fund in your post, but FSEVX looks to correspond to S. L2030 is close to your desired allocation now, but I would look at the glidepath to see ...
by Wabbit
Wed Jul 04, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 9137

Re: Tipping at non sit down places

I usually don't. Often there will be the old tip jar if you're looking for one. More lately, if you pay by credit or debit card, they'll have an ipad that they'll swing around for you to sign and be asked what amount you'd like to tip. I'm not sure of the worker pay in places like that, if they have...
by Wabbit
Mon Jul 02, 2018 10:56 am
Forum: Personal Investments
Topic: Financial Literacy Pt. 2
Replies: 4
Views: 1576

Re: Financial Literacy Pt. 2

Looks like you are off to a good start! Does your state give a tax deduction for contributions to a 529, for either you or your family? If not, and you have enough funds for it, I would suggest making the Roth IRA a higher priority than a 529, and just save the 529 contributions in a regular savings...
by Wabbit
Fri Jun 15, 2018 8:15 pm
Forum: Personal Investments
Topic: Using Wellesley Fund as a bond alternative
Replies: 18
Views: 3142

Re: Using Wellesley Fund as a bond alternative

What is your overall desired asset allocation? If you want Wellesley to be part of that, sure, but I'd suggest to first decide your asset allocation and then do the math to find the balance between Wellesley and VTSAX to get you there.
by Wabbit
Sat Dec 23, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Child Tax Credit vs Dependant Care FSA for 2018
Replies: 5
Views: 929

Re: Child Tax Credit vs Dependant Care FSA for 2018

To claim both, I thought you need to have two or more kids. And with only one kid (which is all the OP mentioned) I thought you need to calculate which is more beneficial. But check that, and either way, it is probably dependent on your particular tax situation, so it might be best to run it through...
by Wabbit
Sat Dec 09, 2017 3:05 pm
Forum: Personal Investments
Topic: TSP 401k Contribution Question
Replies: 17
Views: 1644

Re: TSP 401k Contribution Question

To the OP, I agree with the first replies that the check date is what is considered for TSP. To add, I have direct deposit and I believe my agency uses the EFT pay date for TSP contributions (aka the day the $$ goes into your bank account). So if the last EFT pay date is Dec 29 that would be the las...
by Wabbit
Wed Oct 25, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Calculator for choosing health insurance plan type?
Replies: 4
Views: 879

Re: Calculator for choosing health insurance plan type?

If you happen to be a federal employee, there is the consumers' checkbook which I think does that. It is a paid site in general but it looks like many agencies pay for access for their employees, this page shows you how to access it depending on your agency: https://www.checkbook.org/newhig2/year18/...
by Wabbit
Fri Mar 24, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are Bogleheads in the minority on the use of investment advisors?
Replies: 86
Views: 6994

Re: Are Bogleheads in the minority on the use of investment advisors?

Bill Bernstein (a boglehead himself) wrote of four abilities required to be successful investors in the prelude of The Investor's Manifesto, which I'll summarize as 1) having an interest in the process 2) more than a bit of math horsepower, at least up to statistics / probability 3) a grasp of finan...
by Wabbit
Wed Mar 08, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 210
Views: 51607

Re: GEICO auto rates vs. USAA: too good to be true?

California maintains a list of the justified consumer complaint ratio for insurance companies, perhaps other states do also. It seems useful here, at least I assume they are looking at a considerable amount of data from a reasonably large number of people. At least on this list, Geico is behind USAA...
by Wabbit
Mon Jan 30, 2017 8:44 am
Forum: Personal Investments
Topic: Totally new to this: trying to start retirement account(s)?
Replies: 17
Views: 1853

Re: Totally new to this: trying to start retirement account(s)?

Welcome to the forum! Have you read any of the wiki? There is a lot of helpful information there, and while you can go ahead with one of the suggestions in the thread to get started, my suggestion is to also read some of the wiki to start understanding where the other suggestions are coming from: ht...
by Wabbit
Tue Aug 16, 2016 9:15 pm
Forum: Personal Consumer Issues
Topic: Has your workplace transitioned to "open/collaborative space?"
Replies: 85
Views: 11218

Re: Has your workplace transitioned to "open/collaborative space?"

jalbert wrote:Another Dilbert perspective:

http://dilbert.com/strip/1998-11-08
And another one from a few days earlier than that:

http://dilbert.com/strip/1998-10-31

Amazing that office jokes from 18 years ago are still relevant today...
by Wabbit
Sun Jul 17, 2016 9:52 am
Forum: Personal Consumer Issues
Topic: Who do you not tip, and why?
Replies: 57
Views: 7348

Re: Who do you not tip, and why?

I agree our tipping is totally convoluted and without much sense, and also not sure how to change it. My favorite example: I tip the "curbside checkin" employees at the airport, but I don't tip the airline employees inside the airport who are doing exactly the same job. (Maybe I should be, but as fa...
by Wabbit
Wed Dec 02, 2015 11:55 pm
Forum: Personal Investments
Topic: Finally LOST job with bad 401k ... what to do now?
Replies: 10
Views: 2148

Re: Finally LOST job with bad 401k ... what to do now?

I would roll it over to a traditional IRA at a low-cost provider. In general you'll get lower expenses and more freedom of choice in funds. The only reason I can think of for rolling to your new 401k is if you want to do what this site calls a "backdoor roth". This is only relevant if you want to ma...
by Wabbit
Mon Nov 23, 2015 11:38 pm
Forum: Personal Investments
Topic: TSP federal employees: how many pay periods are left?
Replies: 10
Views: 2204

Re: TSP federal employees: how many pay periods are left?

TheMightyQuinn wrote:Yes, there are 27 paydays in 2015. Because 1 Jan 2016 is a holiday, they will bump that payday up to 31 Dec 2015 making it 27 paydays.
Not every federal agency has 27 pay periods in 2015 (aka TSP leap year), other federal employees reading this should be sure to check with their particular agency.
by Wabbit
Tue Aug 18, 2015 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Coming Up With Your Home's Insurance Replacement Cost
Replies: 3
Views: 545

Re: Coming Up With Your Home's Insurance Replacement Cost

As I understand it, this is the cost to rebuild your house, which might not be related to the current market value. Did you describe the improvements to your insurance company? I think they will usually estimate this number. As an alternate approach, maybe ask a contractor, rather than a realtor.
by Wabbit
Wed Jun 03, 2015 1:50 pm
Forum: Personal Investments
Topic: Just Married
Replies: 7
Views: 1533

Re: Just Married

1% Apple (aapl) 1% Tesla Motors (tsla) 3% Lending Club - I set this up a while ago with very small monthly contributions and it has been giving great returns. I plan on watching this closely and not letting it grow more than a few %. My wife and I have discussed this as being a future college fund ...
by Wabbit
Tue Jan 06, 2015 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mortgage only 6 months in??
Replies: 9
Views: 2101

Re: Refinance Mortgage only 6 months in??

I agree with other posters, what you paid in the past doesn't matter so much, the question is can you save money in the future? I'd suggest looking at these calculator(s) to see if refinancing will pay off: http://www.mtgprofessor.com/calculatorarticles/refinance-calculator.html Yes, refinancing wou...
by Wabbit
Wed Oct 15, 2014 8:12 am
Forum: Personal Investments
Topic: Hold My Hand - I Am Rebalancing
Replies: 20
Views: 1822

Re: Hold My Hand - I Am Rebalancing

OP, your comment: I know it was the right thing to do - but still - did not feel the best. Reminds me of: Most grizzled veterans will tell you that the best purchases are often made when they feel they are about to throw up. Which pretty much describes how I felt when I rebalanced in 2009 - but that...
by Wabbit
Thu Aug 07, 2014 9:09 pm
Forum: Personal Consumer Issues
Topic: Telephone Calls! Help! [Stopping telemarketing calls]
Replies: 123
Views: 16615

Re: Telephone Calls! Help!

yukonjack wrote:I had the same problem and ended up unplugging the phone. I now use only my cell phone. I've been doing that for about a year now and it has worked out fine.
Why wouldn't you eventually just get all of the solicitation calls on your cell phone?