Search found 128 matches

by Coachrhino11
Tue Oct 17, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund in index fun or savings?
Replies: 19
Views: 1554

Re: Car fund in index fun or savings?

No real time line. I have new vehicle about to be paid off in 2 months and wife has paid off '13 and drives her cars forever. Honestly, I might want to buy another used car. Not tomorrow, but well before 10 years, probably before 5.
by Coachrhino11
Tue Oct 17, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Car fund in index fun or savings?
Replies: 19
Views: 1554

Re: Car fund in index fun or savings?

Sorry, index fund, lol
by Coachrhino11
Tue Oct 17, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Car fund in index fun or savings?
Replies: 19
Views: 1554

Car fund in index fun or savings?

Our goal is to never finance another car again. So, would it be smarter tax wise to keep car fund money in index funds vs. savings? Not to mention it would be nice to make some money on fund. Willing to take some risk. Really just trying to do what's best for tax consequences. Thanks in advance.
by Coachrhino11
Tue Sep 26, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

onthecusp wrote:
Tue Sep 26, 2017 9:14 am
Which breed has the best Expense Ratio?
For that matter which definition applies?

ER(dog) = Annual Expenses / Purchase price + Initial Expenses
ER(dog) = Annual Expenses / "Value"
Lol, that's great! Wife wants dog more than me. I'd rather have another car to go with Jeep...dang I'm selfish!
by Coachrhino11
Mon Sep 25, 2017 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

My wife and I both work full-time and we wanted a lab. We were rejected by every lab adoption agency because we weren't home all day. We ended up getting a 4 month old puppy from a breeder. At 4 months, she was crate-trained, and could stay in her crate for 4-5 hours. She is very active being a lab...
by Coachrhino11
Mon Sep 25, 2017 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

MulesFan wrote:
Sun Sep 24, 2017 5:34 pm
Getting to know all your neighbors because the little stinker runs away every once in awhile.... Priceless
I know them well enough. :sharebeer
by Coachrhino11
Mon Sep 25, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

I'm beginning to think dogs are much more than expensive financially, they are extremely needy which is why I told wife get cat and be done. We've had some cool cats over the years. Never actually thought I'd be so sad when a cat died, but I was indeed last one did and haven't gotten one since, abou...
by Coachrhino11
Sun Sep 24, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund and HSA investing?
Replies: 4
Views: 512

Re: Car fund and HSA investing?

HSA: Yes, do it. Invest according to your allocation. Car fund: There is no such thing. You have one portfolio. Invest your portfolio according to your allocation. Have a deeper emergency fund or more conservative allocation if you have known expenses coming up. You may want to cash in stocks to pu...
by Coachrhino11
Sun Sep 24, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund and HSA investing?
Replies: 4
Views: 512

Re: Car fund and HSA investing?

If you are using the HSA for medical expenses, it makes sense to keep one year's deductible in cash before investing anything, since the deductible is part of your likely emergency needs. The rest is intended for retirement savings, so it can be invested as if it were part of your IRA. AL, CA, and ...
by Coachrhino11
Sun Sep 24, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund and HSA investing?
Replies: 4
Views: 512

Car fund and HSA investing?

My wife's employer matches dollar for dollar up to $135 per month in her HSA and for past couple years we just save and it rolls over. We also have option to invest in same 403b funds if desired. Wanted thoughts. Risk/rewards. AA? Also, car fund. If we save 300-400 per month in a car fund would it b...
by Coachrhino11
Sun Sep 24, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

No personal experience (my wife does not like dogs - a real character flaw), but in recent years the willingness of dog owners to spend huge amounts on medical costs of even elderly dogs is astounding. We always had a dog growing up on a far, as did most of our neighbors -- BUT back then, when a do...
by Coachrhino11
Sun Sep 24, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

<r><QUOTE author="Coachrhino11" post_id="3544526" time="1506180651" user_id="124504"><s> </s> My wife and I found a lab mix dog at city shelter that's around 2 and if still there we are thinking about getting him this weekend. Only $75 with being fixed, microchip, etc.. . Way cheaper than going thr...
by Coachrhino11
Sat Sep 23, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic of Savings Rate
Replies: 97
Views: 11348

Re: The Magic of Savings Rate

What is normal and what is impossible is largly defined by the people you know. Change the social group and your definition of normal will change. As a group, it feels strange to see you make fun of people with savings rate under 10% and their reasons why they don't save more and turn around and ma...
by Coachrhino11
Sat Sep 23, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

Looks like we won't be going any route. Wife freaking out because he got excited today and jumped up and knocked my 6 year old daughter against fence and scratched her back. Other than that, super calm dog and walks great on leash. Looks like we are waiting. We don't want puppy we know that.
by Coachrhino11
Sat Sep 23, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

We have 2 dogs weighing it at 20 and 23 lbs. Both were rescues and one had high initial medical expenses to fight parvo 1k. Our annual expenses for the 2 dogs: Food - Nutro Ultra $250 Basic vet and shots - $200 Toys - $200 (yes they are spoiled) Grooming - $10 They shower with me and I try to trim ...
by Coachrhino11
Sat Sep 23, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

We have 2 dogs weighing it at 20 and 23 lbs. Both were rescues and one had high initial medical expenses to fight parvo 1k. Our annual expenses for the 2 dogs: Food - Nutro Ultra $250 Basic vet and shots - $200 Toys - $200 (yes they are spoiled) Grooming - $10 They shower with me and I try to trim ...
by Coachrhino11
Sat Sep 23, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

I have a dog and a cat. I had put the number $3000 annually into a budget a wrote up for them (so $250/month). However, you should be prepared with a hefty emergency fund. My cat is 14 and was extremely low maintenance until this year, when he has developed multiple health issues. This has cost me ...
by Coachrhino11
Sat Sep 23, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

My wife and I found a lab mix dog at city shelter that's around 2 and if still there we are thinking about getting him this weekend. Only $75 with being fixed, microchip, etc.. . Way cheaper than going through breeder for full bread dog. He seems already trained, super calm walking on a leash, list...
by Coachrhino11
Sat Sep 23, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

Petrocelli wrote:
Sat Sep 23, 2017 10:59 am
Grooming- $50 a month
Food - $25 a month
Other stuff - $5 (dog bags)
Medical - Usually 0, but you I would think setting aside $30 a month would more than cover the cost.
Won't be spending a dime on grooming. Don't mind washing, brushing, clipping nails, brushing teeth myself.
by Coachrhino11
Sat Sep 23, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

itstoomuch wrote:
Sat Sep 23, 2017 11:04 am
Have a baby.
Cheaper in the shortterm (1 year)
Been there, done that. Daughter is 6, don't want anymore babies. Also not too concerned about upfront costs of crate, bedding, etc..., just wanting dog owners to give their annual/monthly breakdown costs.
by Coachrhino11
Sat Sep 23, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Re: Bogleheads monthly costs of dog ownership?

We got our dog from a rescue organization. He is minimal maintenance, maybe $600 a year all in. But we don't do things that many other dog owners do. For instance: No grooming, we bathe him ourselves or the dog bathes himself. No boarding. Neighbors love, Love, LOVE to take care of him. Dog has bee...
by Coachrhino11
Sat Sep 23, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Invest, or Buy a $25,000 Screened-in Deck?
Replies: 24
Views: 2377

Re: Invest, or Buy a $25,000 Screened-in Deck?

You didnt provide enough info: are you meeting your retirement savings goals otherwise? Do you have an ample emergency fund? If the answer to these questions are yes I'd get the screened in porch. We went through this debate years ago and haven't regretted having the screened in porch (don't tell m...
by Coachrhino11
Sat Sep 23, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads monthly costs of dog ownership?
Replies: 83
Views: 5475

Bogleheads monthly costs of dog ownership?

My wife and I found a lab mix dog at city shelter that's around 2 and if still there we are thinking about getting him this weekend. Only $75 with being fixed, microchip, etc.. . Way cheaper than going through breeder for full bread dog. He seems already trained, super calm walking on a leash, liste...
by Coachrhino11
Fri Sep 22, 2017 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Where to park $200K cash?
Replies: 27
Views: 3942

Re: Where to park $200K cash?

After checking, an Emergency Fund and cash for near term spending (cars, taxes, vacations, etc), invest it at an asset allocation you can live with. Are you a 90/10 person with $200k cash set aside? Then you are not a 90/10 person. Invest the $200k at 60/40 and ride the waves up and down over the l...
by Coachrhino11
Thu Sep 21, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Help me calculate returns on Whole Life Policy - Keep it or cancel it?
Replies: 19
Views: 1683

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

Hi Yowzer, I have some similar policies from NWM. I'll look at mine in more detail, and let you know what I think. I can tell you I elected to keep mine based on the increase in cash value I was getting, and have always looked at them as a bond equivalent and included as such in my AA. That 2nd one...
by Coachrhino11
Thu Sep 21, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Help me calculate returns on Whole Life Policy - Keep it or cancel it?
Replies: 19
Views: 1683

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

Whole life is garbage. I will say a tiny select few companies like Northwest Mutual have decent policies IF you keep them forever and dividends start kicking in. However, buying 20-30 year term policy and investing in index funds is much better any day. I don't need BH to tell me that. I have an Unc...
by Coachrhino11
Wed Sep 20, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20302

Re: Let's talk about your FI # and family income [Financial Independence]

Yeah, this thread is depressing to me quite frankly, lol. My wife and I gross around 125-130k which I thought wasn't too bad until reading this, good gosh. I will have a pension if I choose to stay in game. I'm 39 and wife is 41. Any tips on ways to move up income ladder without being doctor, lawye...
by Coachrhino11
Wed Sep 20, 2017 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 26578

Re: Calling out the not so rich bogleheads

This has the effect of scaring away and/or creating resentment in a lot of people who are not close to being millionaires or even just plain wealthy with a healthy emergency cushion, say around 100K-200K saved @ age 35 or 40 . You can't get wrapped up in a number. Think about it like this (assuming...
by Coachrhino11
Wed Sep 20, 2017 5:05 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20302

Re: Let's talk about your FI # and family income [Financial Independence]

coach - "where there is muck there is brass" - work which is unpopular, unpleasant or dangerous often pays well So I'm guessing you think being an inner city school teacher is pleasant, right? Lol. I agree with you, most of the time, but when I start really thinking about it I can think of many car...
by Coachrhino11
Tue Sep 19, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20302

Re: Let's talk about your FI # and family income [Financial Independence]

I am impressed by the house incomes ($200K ~ $400K) posted here. Where are the average Joes? Yeah, this thread is depressing to me quite frankly, lol. My wife and I gross around 125-130k which I thought wasn't too bad until reading this, good gosh. I will have a pension if I choose to stay in game....
by Coachrhino11
Sun Sep 17, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Life Insurance
Replies: 26
Views: 4283

Re: Buying Life Insurance

Just wondering, anything wrong with insurance.com? I believe we went that route and wife has banner and I have another company and are about to get tests done again. I like idea of getting free blood tests done every 5 years or so. Iipid panels alone not cheap if paying on own.
by Coachrhino11
Sat Sep 16, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6037

Re: Paying off debt vs. max savings

Again, that just is false when you say it is 'regardless of interest rates'. Maybe a concrete example would help. Let's say you can get finance a car purchase of $30k at 0.99% for 5 years and 5-year treasuries yield 1.75% - what is riskier, paying for the car in cash or borrowing to buy the car and...
by Coachrhino11
Sat Sep 16, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 42
Views: 4281

Re: Vanguard Health Care Fund in my portfolio?

I've been thinking around 5-10% myself as well. 20% is more than I feel comfortable with, but I do feel like healthcare is something that will always be in high demand and continues to evolve.
by Coachrhino11
Sat Sep 16, 2017 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6037

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 Coachrhino11
Sat Sep 16, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5373

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Firefighters making 115k?? Holy smokes, and so many complain about teachers making 50k. I certainly went into wrong field. Good for you man, make that $$ and get that pension, certainly don't blame you.
by Coachrhino11
Sat Sep 16, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5373

Re: Mother-In-Law dying, Wife wants to buy a Porsche

Certain personality types will NEVER EVER "get religion" on Dave Ramsey or Suze Orman...two I can think of offhand who appeal to "accumulator neophytes"...let alone Bogleheads with a much greater degree of sophistication toward accumulating and holding onto wealth. I am guessing that anyone who wan...
by Coachrhino11
Sat Sep 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Mother-In-Law dying, Wife wants to buy a Porsche
Replies: 51
Views: 5373

Re: Mother-In-Law dying, Wife wants to buy a Porsche

You need a double shot of Dave Ramsey. You have great salaries but you are broke. Money problems lead to marriage problems and I highly suggest you fix this problem with serious urgency. Why are you the only person who has mentioned this?! Lol. I was reading every reply waiting for his name to be d...
by Coachrhino11
Sat Sep 16, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6037

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 Coachrhino11
Fri Sep 15, 2017 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Have X times your salary saved by age Y.
Replies: 60
Views: 6534

Re: Have X times your salary saved by age Y.

TomatoTomahto wrote:
Fri Sep 15, 2017 5:41 am
I can never get past this piece of silliness that is created by salary-based heuristics: DW's income rose substantially a few years ago; we were fine before the increase but "behind" afterwards? How stupid!
Completely agree
by Coachrhino11
Fri Sep 15, 2017 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Have X times your salary saved by age Y.
Replies: 60
Views: 6534

Re: Have X times your salary saved by age Y.

here is what financial samurai says but I think he is on the high side. https://www.financialsamurai.com/how-much-should-one-have-in-their-401k-at-different-ages/ I've read his articles before and I read this one. He's extreme and paranoid. He contradicts himself as well. And he's all about us read...
by Coachrhino11
Thu Sep 14, 2017 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6037

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 Coachrhino11
Wed Sep 13, 2017 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Tesla Financing
Replies: 22
Views: 2423

Re: Tesla Financing

I accumulate funds for my next vehicle purchase in the Total Stock Market fund in my taxable account. Taxes on growth there are 15% there vs 28% for a savings account. If the market is down when I need to buy the next vehicle, I have various options, but I've never used dealer financing... This is ...
by Coachrhino11
Wed Sep 13, 2017 5:12 am
Forum: Personal Finance (Not Investing)
Topic: Tesla Financing
Replies: 22
Views: 2423

Re: Tesla Financing

And I'll admit Jeeps are dime a dozen as well out here but they sure are fun. Nothing like being able to go off road, on road with convertible.
by Coachrhino11
Wed Sep 13, 2017 5:11 am
Forum: Personal Finance (Not Investing)
Topic: Tesla Financing
Replies: 22
Views: 2423

Re: Tesla Financing

I've made the decision to go fully green with my next car and go with a Tesla Model X for a variety of reasons. Now I have to decide on how to pay for it. I have been told by the sales guy that Tesla offers financing as low as 0.99% APR (depending upon your credit rating). I always thought that APR...
by Coachrhino11
Tue Sep 12, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Potential downsides of placing a credit freeze?
Replies: 24
Views: 2180

Re: Potential downsides of placing a credit freeze?

For those of you who have had a credit freeze in place for some time, say, a year or two (not over the past few days in response to the Equifax fiasco): Have you experienced any unexpected problems, like being denied a service? Something that caused a delay due to having to lift the freeze. I am no...
by Coachrhino11
Tue Sep 12, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2943

Re: Wellington/Wellesley diversification help

You only mentioned Roth IRAs in this thread. Are the two Roth IRAs the only investment accounts that you have? A Target Retirement fund with between a 65/35 and 70/30 asset allocation would be more diversified and certainly has performed better than W recently. No, wife has 403b and I have pension....
by Coachrhino11
Tue Sep 12, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2943

Re: Wellington/Wellesley diversification help

What is your desired Asset Allocation Plan? Without one, you will just be collecting a bunch of funds. Exactly. OP, figure out your desired asset allocation, pick the funds that will deliver that allocation, and then don't touch anything for a long time. It's easy to overthink your situation and es...
by Coachrhino11
Mon Sep 11, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2943

Re: Wellington/Wellesley diversification help

What is your desired Asset Allocation Plan? Without one, you will just be collecting a bunch of funds. 70/30 or 65/35 most likely. We started with Star fund years ago and I now wonder if we should have just stayed course vs. Wellington. I bought Wellington based on nice balance, low fees, been arou...
by Coachrhino11
Mon Sep 11, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2943

Re: Wellington/Wellesley diversification help

I was thinking Health Care fund, but at 214 per share that's absurd. What possible bearing does the NAV of any particular fund have on its desirability? It could be $214k per share, and that wouldn't impact your ability to invest $5k in it, in any way whatsoever. Lol, well...shows what I know.
by Coachrhino11
Mon Sep 11, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Wellington/Wellesley diversification help
Replies: 18
Views: 2943

Re: Wellington/Wellesley diversification help

My wife has a Roth with Vanguard and we have most of her money in Wellington with a few grand in Wellesley just so we're not closed out one day. She's 41 this week. My question is I'd like to expand a little outside of Wellington. I was thinking Health Care fund, but at 214 per share that's absurd....