Search found 44 matches

by ThePrince
Fri Oct 20, 2017 11:16 pm
Forum: Investing - Help with Personal Investments
Topic: Worry market crush, selling 50%, but increase buying 100%
Replies: 52
Views: 3953

Re: Worry market crush, selling 50%, but increase buying 100%

WhiteMaxima wrote:
Fri Oct 20, 2017 2:49 pm
I am staying neutral now: 50/50. I don't call it timing. I see risk ahead.
You are timing the market—end of story.
by ThePrince
Tue Oct 17, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Help picking apart whole life insurance cash value
Replies: 39
Views: 1586

Re: Help picking apart whole life insurance cash value

First time poster here, painfully aware that this first post is about the boggle-hated idea of using permanent life insurance primarily for its cash value. But please at least read the whole thing before pulling out the ban-hammer... Context: Software developer by trade. Fiscally sound (no debt oth...
by ThePrince
Mon Oct 16, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1457

Re: Pay Off or Refinance?

[*] Assume you can earn 5% nominal in the market with your 60/40 AA (which I think is pretty conservative I think this is not particularly conservative. And yes, any loan is worth keeping as long as possible if you are assuming a higher rate of investment return. This only looks at the math and not...
by ThePrince
Tue Oct 10, 2017 7:43 pm
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11790

Re: 100% in bond to wait for market crash?

I am in a similar boat, with sweat money in cash ( 13 yr expenses) in taxable account Can't seem to pull the trigger About 4 yr expenses worth, in tax deferred accounts, in bond funds I am in early 40's Doesn’t appear an early retirement is in your forecast with no exposure to stocks and most of yo...
by ThePrince
Mon Oct 09, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3612

Re: Rebalancing - Personal Philosophies

A lot of times we’re our own worst enemy. Therefore, I allow Blooom, Betterment, and Schwab handle those decisions for me.
by ThePrince
Sun Oct 08, 2017 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall and advice
Replies: 45
Views: 3538

Re: Windfall and advice

I would use Betterment. Set your stock/bond allocations and let them handle the rebalancing, TLH, and if you use their coordinated portfolios, asset location.
by ThePrince
Sun Oct 08, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 12185

Re: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17

Fully valued. https://www.thestreet.com/story/14333626/1/stock-market-is-fully-valued-says-vanguard-s-bogle.html ""One thing that I strongly urge: Don't ever, ever, ever if you're an investor think of being out of the market or in the market," Bogle said. Instead, an investor should adjust his or h...
by ThePrince
Sun Oct 08, 2017 10:54 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2278

Re: Spouse gets blowouts?

Jags4186 wrote:
Sun Oct 08, 2017 9:16 am
You should feel lucky that your spouse only has a $2000 a year habit.
+1 If her ‘habits’ are limited to $2k a year, indeed.
by ThePrince
Sun Oct 08, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: [Three-fund portfolio: Robo-adviser or 3 funds?]
Replies: 7
Views: 702

Re: [Three-fund portfolio: Robo-adviser or 3 funds?]

My experience and returns with Betterment have been excellent.
by ThePrince
Sat Oct 07, 2017 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Should I keep my Stocks?
Replies: 42
Views: 3645

Re: Should I keep my Stocks?

It's a tricky question.... A true BH would not own individual stocks. However, there are a decent amount here that own individual stocks though (just completely pulling this out) it's less than 10% of our portfolios. There's nothing wrong with play money for individual stocks or cryptocurrency spec...
by ThePrince
Fri Oct 06, 2017 8:49 pm
Forum: Personal Consumer Issues
Topic: Best credit cards for our college kids? (credit building)
Replies: 9
Views: 595

Re: Best credit cards for our college kids? (credit building)

College kids especially don’t need credit cards. They are a curse, not a blessing.
by ThePrince
Fri Oct 06, 2017 4:02 am
Forum: Investing - Help with Personal Investments
Topic: Pension Now (Age 36) or Later (Age 65)?
Replies: 45
Views: 3376

Re: Pension Now (Age 36) or Later (Age 65)?

FIREchief wrote:
Thu Oct 05, 2017 12:30 am
In the words of Steve Miller....

"Go on, take the money and run."

A dollar in my control is worth two in somebody else's. But, that's just me.
+1
by ThePrince
Tue Oct 03, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3175

Re: We're Debt Free (Except our House)!

Toons wrote:
Tue Oct 03, 2017 12:35 pm
" Pay more towards our mortgage?"
Personally?
Yes,Without a shred of doubt :happy
+1
by ThePrince
Sun Oct 01, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets (VEMAX) back to even
Replies: 4
Views: 1079

Re: Emerging Markets (VEMAX) back to even

Emerging Markets have now exceeded their high set in 2007. According to Yahoo Finance, Vanguard's emerging market fund (VEMAX) hit a high point on 10/31/2007, with an adjusted close of 36.71. On 9/11/2017, the adjusted close was 36.87, up from 36.58 on 9/8/2017. (I missed the actual event since I h...
by ThePrince
Sun Oct 01, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS
Replies: 32
Views: 2269

Re: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS

I'm getting ready to close a Morgan Stanley account that has a rolled over 403B-$60,000, 2 custodial accounts, and index fund? I will definitely need some guidance... Who will be better?? Thank you I use Schwab Intelligent Portfolios and Betterment and have been very pleased with both. Do you have ...
by ThePrince
Sat Sep 30, 2017 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Selling Non-Retirement funds for a down payment
Replies: 4
Views: 544

Re: Selling Non-Retirement funds for a down payment

John Laurens wrote:
Sat Sep 30, 2017 5:04 pm
I wouldn’t do anything until I no longer had a fiancé. When I had a spouse, we would make financial decisions together. We wouldn’t make any financial decisions that put a strain on our young marriage.

Regards,
John
+1
by ThePrince
Sat Sep 30, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Whole Life question - when to stop making annual payments?
Replies: 16
Views: 1697

Re: Whole Life question - when to stop making annual payments?

Nate79 wrote:
Sat Sep 30, 2017 9:49 pm
What happens to the cash value upon death? My understanding is the cash value goes to the insurance company, so you lose it. Only the death benefit face value is laid. So why would you keep putting money into this at such an age?
Exactly. The FIL should have purchased term insurance.
by ThePrince
Sat Sep 30, 2017 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS
Replies: 32
Views: 2269

Re: Newbie-Schwab Intelligent Portfolios vs Vanguard PAS

ACJC wrote:
Fri Sep 29, 2017 12:49 am
I'm getting ready to close a Morgan Stanley account that has a rolled over 403B-$60,000, 2 custodial accounts, and index fund? I will definitely need some guidance...

Who will be better??

Thank you
I use Schwab Intelligent Portfolios and Betterment and have been very pleased with both.
by ThePrince
Thu Sep 28, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Are we suckers for not pursuing Public Service Loan Forgiveness?
Replies: 18
Views: 2037

Re: Are we suckers for not pursuing Public Service Loan Forgiveness?

You want to keep this debt around for 10 years? No thanks. It’s not a pet.
by ThePrince
Sat Sep 23, 2017 12:13 am
Forum: Personal Finance (Not Investing)
Topic: Help me calculate returns on Whole Life Policy - Keep it or cancel it?
Replies: 19
Views: 1581

Re: Help me calculate returns on Whole Life Policy - Keep it or cancel it?

Nate79 wrote:
Wed Sep 20, 2017 4:37 pm
I would not flush my money down the toilet that is WL policies.
+1
by ThePrince
Fri Sep 22, 2017 11:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bloom - cheap robo advisor for 401k
Replies: 6
Views: 867

Re: Blooom - cheap robo advisor for 401k

I've used blooom for nearly two years and am very pleased with their service.
by ThePrince
Fri Sep 22, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing into U.S.Stocks
Replies: 31
Views: 2740

Re: Rebalancing into U.S.Stocks

Makaveli wrote:
Fri Sep 22, 2017 10:07 pm
This is precisely why I have a robotic rebalancing strategy. Removes bias, self-doubt, and delay tactics.

If I didn't, I know I'd be going through a similar reaction as you.

+1
by ThePrince
Thu Sep 21, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Large Mortgage
Replies: 24
Views: 2336

Re: Large Mortgage

I know fixed vs adjustable has been covered somewhat on this forum but wanted to ask about my situation. I am about to take out a mortgage or $2.5M. I can get a fixed 30 year for 3.125% or get 2.5% 7/1 ARM. I calculated that in 7 years I would save about $150k with the 7/1 and could then just pay t...
by ThePrince
Mon Sep 18, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Disproportionate to Investments
Replies: 18
Views: 1666

Re: Home Equity Disproportionate to Investments

J G Bankerton wrote:
Mon Sep 18, 2017 5:10 pm
United2008 wrote:
Mon Sep 18, 2017 5:00 pm
Are there any strategies for "monetizing" some of our home equity?
Do you feel lucky? You have to invest on margin using your home as collateral. I wouldn't do it.
+1
by ThePrince
Sun Sep 17, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Advise on what to do with additional savings
Replies: 27
Views: 2630

Re: Advise on what to do with additional savings

retire57 wrote:
Sun Sep 17, 2017 3:18 pm
Getting out of debt should be your priority. Pay off the car quickly and start attacking that student loan debt.
+1
by ThePrince
Sun Sep 17, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: My in-laws' nest egg of $50k
Replies: 34
Views: 4334

Re: My in-laws' nest egg of $50k

In case this makes a difference, the condo is probably worth $60k and the car $8k. They don't seem very open to taking out a mortgage on the condo to help with monthly cash flow, and prefer the security of having the home paid off. Thank you so much for your help! I am a long-time reader of the for...
by ThePrince
Sat Sep 16, 2017 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: 100k short term park
Replies: 10
Views: 1682

Re: 100k short term park

Given that you plan to put it into house equity within a year anyway, I'd use it to pay down the 4% mortgage. You won't get a risk-free return anywhere close to that, even for terms of much longer than one year (even the 30-year Treasury yield is only 2.77%). If for some reason you want the liquidi...
by ThePrince
Sat Sep 16, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 5743

Re: Paying off debt vs. max savings

I follow these boards somewhat frequently, and I know that many people here are more fiscally conservative, but why do so many people always recommend paying off any debt first? Why is debt-free always the way to go? Because many of us, along with millions of Americans, have been burned badly with ...
by ThePrince
Sat Sep 16, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 5743

Re: Paying off debt vs. max savings

Regardless of interest rates, being debt free dramatically reduces risk and increases leverage because it frees up a ton of monthly cash flow. I'm not sure you understand what the the term 'leverage' means in regards to debt - paying off debt most certainly does not increase it and all that cash fl...
by ThePrince
Sat Sep 16, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: 15 vs 30 year refinance vs cash out refinance
Replies: 32
Views: 2118

Re: 15 vs 30 year refinance vs cash out refinance

Thanks, so you would not choose any of the 3 options? No, I wouldn't, but I don't really know what you should do since you think of it very differently, as having $200,000 in equity "imprisoned" in your house. Seems like you should be renting instead of owning, or at least carrying the largest mort...
by ThePrince
Sat Sep 16, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Should I dump (W)Hole Life Insurance and Variable Insurance
Replies: 14
Views: 1065

Re: Should I dump (W)Hole Life Insurance and Variable Insurance

If you can afford to have the cash tied up for awhile (2 decades) and are otherwise maxing out your other tax advantaged investments, whole life insurance is actually a very interesting approach over a long term. It offers some unique tax advantages returns within the policy that can be hard to rea...
by ThePrince
Fri Sep 15, 2017 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Should I dump (W)Hole Life Insurance and Variable Insurance
Replies: 14
Views: 1065

Re: Should I dump (W)Hole Life Insurance and Variable Insurance

itstoomuch wrote:
Fri Sep 15, 2017 5:42 pm
Dump.
Your primary purpose for LI is life insurance. Buy it cheaper and Invest the Difference. You and heirs will ALWAYS come out ahead in the short term and probably in the Longterm (need your parameters to make better prediction).
Its easy to prove by just looking at today's numbers.
+1
by ThePrince
Fri Sep 15, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Early mortgage payoff vs investing
Replies: 19
Views: 1637

Re: Early mortgage payoff vs investing

Hello! I have a question about paying off my mortgage early. I have had lots of people advise me to either a) put all my extra money into paying off my mortgage early and then, and only then, start investing, or b) put half my extra money into the early payoff and half into investments. My mortgage...
by ThePrince
Wed Sep 13, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 5743

Re: Paying off debt vs. max savings

Hi everyone: I'm a long-time reader and find many of the posts very inspirational, but I have hardly ever posted anything. So here goes, our situation that I'd like feedback on from the greater community... Both me and my DW now have fairly stable jobs with a pretty high rate of income (combined +/...
by ThePrince
Sun Sep 10, 2017 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5688

Re: Purchasing Home With Girlfriend; Good or Bad?

bottlecap wrote:
Sat Sep 09, 2017 8:57 pm
Stupendous wrote:
Fri Sep 08, 2017 6:16 pm
A marriage is a contract between 2 people and the government. It isn't a lifetime commitment.
It's funny to me that you don't see marriage as a greater commitment than dating for a few years.
It's terribly sad, not funny.
by ThePrince
Sat Sep 09, 2017 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Two Comma Club
Replies: 94
Views: 18183

Re: Two Comma Club

am wrote:
Sun Feb 05, 2017 11:27 am
Just hit 2 comma club with vested pension lump sum, kids ugma/utma accounts, cash and HSA account. Not including 529s. Does that count or should I hold off on celebrating?
The UGMA/UTMA accounts belong to the children, right? If so, I wouldn't include these in your net worth.
by ThePrince
Sat Sep 09, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help me simplify
Replies: 20
Views: 2257

Re: Help me simplify

https://www.bogleheads.org/wiki/Getting_started https://www.bogleheads.org/wiki/Three-fund_portfolio I would encourage kids to take out loans and apply for as much aid as possible for college and gift them $100k as a college graduation present. This will hopefully encourage them to major in somethi...
by ThePrince
Sat Sep 09, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 5688

Re: Purchasing Home With Girlfriend; Good or Bad?

You don't know if you are going to get married, so there are three likely outcomes: 1. You get married; or 2. You break up and you hate her; or 3. You break up and she hates you; or 4. You break up and you pine for her; or 5. You break up and she pines for you; or 6. You break up and get along, but...
by ThePrince
Sat Sep 09, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisor, with a side of Betterment?
Replies: 13
Views: 859

Re: Vanguard Personal Advisor, with a side of Betterment?

I would choose Betterment instead of dividing the money. Keep it simple, let them rebalance and harvest losses. I used their tax-coordinated account feature.
by ThePrince
Tue Sep 05, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out whole life
Replies: 13
Views: 1598

Re: Cash out whole life

Revisiting a similar thread I made a couple years back. Things have changed now, looking for some updated advice. I am a 33 year old male, married. My wife is also 33. No kids but they are part of the plan. We have a combined annual income around $150k. We each have individual 30 year level term $1...
by ThePrince
Tue Sep 05, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3607

Re: How do you track expenses ?

Mint.com
by ThePrince
Sun Aug 20, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or taxable account
Replies: 28
Views: 2586

Re: Pay off mortgage or taxable account

My wife and I collectively decided to pay off our 3.375% mortgage in lieu of applying that money to investments. There were several reasons why, including long-term (even though I'm contracted for another three years) concern about my employment (single income household), we don't usually itemize o...
by ThePrince
Sun Aug 20, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: Japanese Bubble Burst 1989
Replies: 78
Views: 7411

Re: Japanese Bubble Burst 1989

MindBogler wrote:
Sun Aug 20, 2017 9:04 pm
Valuethinker wrote:
Sun Aug 20, 2017 9:58 am
The lesson there is that if you are close to retirement you need to have a decent chunk of bonds to survive a long bear market.
If that is half of the lesson then the other is that one cannot afford to hold equities from a single country.
+1