Search found 556 matches

by 3funder
Mon Jun 18, 2018 8:19 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 141
Views: 9180

Re: Which boglehead rule do you break--and are ok with

I'm a pretty strict boglehead. The one guide I don't do is a written out directive Investment Plan Statement. I have some guiding heuristics I stick to religiously (segregating buckets according to desired risk and timeline, rebalancing) but I personally have never felt the need to write out anythi...
by 3funder
Mon Jun 18, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 50
Views: 3002

Re: Messy Divorce -- Forensic Accounting Help....

Sandtrap wrote:
Mon Jun 18, 2018 8:04 pm
1 seek legal counsel asap
2 put this behind you asap
3 compartmentalize....numbers vs emotion/feelings
4 health is priceless...dont let the numbers eat you up
5 delegate to legal counsel and distance yourself from the process

j
+1
by 3funder
Tue Jun 12, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: Is Vanguard Small Cap Index really small cap?
Replies: 32
Views: 1829

Re: Is Vanguard Small Cap Index really small cap?

There is no one true definition of the word "Smallcap". The Vanguard fund defines it as the smallest 15% of the market by market cap (if I'm remembering correctly). Well, sometimes close enough is close enough. Mid-Caps perform in a similar fashion to Small-Caps, tend to have a little less return w...
by 3funder
Tue Jun 12, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX)
Replies: 37
Views: 2939

Re: Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX)

No one here can comment about whether you are behind or not unless you tell us how much is in the Roth. If you've been maxing it out since you were 22, you are likely OK. If you just started at 30, you lost some time and you are behind the curve for this site. Regardless, you are probably ahead of ...
by 3funder
Sun Jun 10, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 49
Views: 3845

Re: Where to invest $50K+ down payment money for five years?

Five years is actually no time at all for stocks; you could make a quick killing, lose lots of money, or get a flat return if you happen to pick the wrong five-year period over which to invest. Right now, the good times keep a rollin' -- this means you have a strong chance of getting a "bad news bea...
by 3funder
Sat Jun 09, 2018 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Getting into real estate?
Replies: 10
Views: 928

Re: Getting into real estate?

Sandtrap wrote:
Sat Jun 09, 2018 12:10 pm
As long as life is in flux, subject to change both personally and financially. . . . absolutely. . . rent.

aloha
j
+1
by 3funder
Wed Jun 06, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Near Term Expenses and Asset Allocation
Replies: 8
Views: 699

Re: Near Term Expenses and Asset Allocation

Capital One 360 Money Market Account :happy
by 3funder
Mon Jun 04, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3107

Re: Is it fine to have 100% of portfolio in VTSAX

What need do you have that requires 100% stocks? That is, what is the specific objective that can only be reached by being 100% stocks and not at least some allocation (25%) to bonds? Also, why would you eschew the extra diversification available from some allocation to international stock markets....
by 3funder
Mon Jun 04, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: New House or invest
Replies: 21
Views: 1854

Re: New House or invest

Stay in the home you have. If you are dead set on purchasing a new home, purchase one that costs more than your current home but less than the one you are currently considering.
by 3funder
Fri Jun 01, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking input on investment decision
Replies: 21
Views: 1720

Re: Seeking input on investment decision

I’m in the process of rolling over some money (mid six figures) into an IRA and need to make some investment decisions. My goal for this money is relatively higher current income while minimizing capital risks from stock market corrections and higher interest rates, but maintaining some growth pote...
by 3funder
Fri Jun 01, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 178
Views: 14436

Re: Top Shelf Liquor Overrated?

Water is free, and it hydrates you. Liquor costs money, and it is only useful in a social sense (sometimes not even). Sorry for raining on everyone's parade. I had not considered these points. Thank you for being so generous with your insight. Generous? I probably ruined the spirit of the discussio...
by 3funder
Thu May 31, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 178
Views: 14436

Re: Top Shelf Liquor Overrated?

Water is free, and it hydrates you. Liquor costs money, and it is only useful in a social sense (sometimes not even). Sorry for raining on everyone's parade. I had not considered these points. Thank you for being so generous with your insight. Generous? I probably ruined the spirit of the discussio...
by 3funder
Thu May 31, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 178
Views: 14436

Re: Top Shelf Liquor Overrated?

Water is free, and it hydrates you. Liquor costs money, and it is only useful in a social sense (sometimes not even). Sorry for raining on everyone's parade.
by 3funder
Thu May 31, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Beach condo vs mountain cabin investment property
Replies: 30
Views: 2495

Re: Beach condo vs mountain cabin investment property

It is most likely a bad idea. Stick with what you've been doing.
by 3funder
Thu May 31, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17302

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Don't get me wrong -- I'm not a fan of dynastic wealth or anything like that. I just don't see why one's child should take on debt to pay for college if it's not financially necessary to do so (of course, this is assuming he/she has chosen a college that is an appropriate match and a reasonably goo...
by 3funder
Thu May 31, 2018 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17302

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Practically any student who is a U.S. citizen or legal resident (green card holder) is eligible for federal direct loans, regardless of financial need, but in order to get the loans the FAFSA must be submitted. For whatever reason, a parent who is wealthy (or who appears to be wealthy) may want or ...
by 3funder
Thu May 31, 2018 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17302

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Ours didn't, and I am still bitter at basically having been bullied by the kids' high school advisors and others into applying for the FAF and the FAFSA, miserable paperwork and a lot of personal information I didn't particularly want to share. I kept saying "This is ridiculous. No college is going...
by 3funder
Thu May 31, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17302

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Ours didn't, and I am still bitter at basically having been bullied by the kids' high school advisors and others into applying for the FAF and the FAFSA, miserable paperwork and a lot of personal information I didn't particularly want to share. I kept saying "This is ridiculous. No college is going...
by 3funder
Wed May 30, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc)
Replies: 266
Views: 17302

Re: Do average kids from upper middle class families get any free college money (Scholarships / non-repayable grants etc

Ours didn't, and I am still bitter at basically having been bullied by the kids' high school advisors and others into applying for the FAF and the FAFSA, miserable paperwork and a lot of personal information I didn't particularly want to share. I kept saying "This is ridiculous. No college is going...
by 3funder
Mon May 28, 2018 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Please help. Private school contract woes.
Replies: 21
Views: 3273

Re: Please help. Private school contract woes.

Have an attorney look it over.
by 3funder
Mon May 28, 2018 6:41 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra cash?
Replies: 13
Views: 1746

Re: What to do with extra cash?

veindoc wrote:
Mon May 28, 2018 6:17 am
This is a no brainer for me. Max out the tax deferred 401k. Pay off the debt- HE and car. Then a taxable account.
+1
by 3funder
Sun May 27, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Best Available 2018 tax estimator
Replies: 22
Views: 3595

Re: Best Available 2018 tax estimator

I'm trying to work out my budget for 2018 that will likely include some one-off expenses. I'm in retirement now so I want to figure out how to space out these expenses, likely to be paid for from highly appreciated stock or IRAs so as to not get into higher tax brackets. So to do this I need a good...
by 3funder
Sun May 27, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2693

Re: Anybody hit their rebalance bands?

I didn't trigger my 5% bands either, but I still have new money (401k contributions, match, dividends, interest) going in to rebalance. +1. New contributions help keep me within my 5% band, and, to be honest, even if it hit 5%, I'm not sure I'd feel the sudden urge to rebalance. I'm more interested...
by 3funder
Fri May 25, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: work one more year or attend law school
Replies: 67
Views: 4997

Re: work one more year or attend law school

Loik098 wrote:
Fri May 25, 2018 4:23 pm
novicejamED wrote:
Thu May 24, 2018 2:48 pm
Hi, I need some advice.
I plan to attend a top 5 law school. And should start at $150-180k per year after graduating.
How do you know this?
I'm sure there's data out there somewhere. I have no idea if this is what the data says.
by 3funder
Fri May 25, 2018 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Planning a first home down payment fund
Replies: 10
Views: 840

Re: Planning a first home down payment fund

In my opinion, 5 years is not enough time to be taking equity risk. I think many people wouldn't even want intermediate-term bond risk. I don't know what those tickers are but in general bonds are not correlated to stocks meaning your last question is not answerable. Can you give us some more infor...
by 3funder
Thu May 24, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: only iShares ETF's, risks?
Replies: 11
Views: 1740

Re: only iShares ETF's, risks?

Nate79 wrote:
Thu May 24, 2018 8:42 pm
Unless you really have a large amount of money at risk I wouldn't worry about it. iShares is the largest global ETF company and is owned by BlackRock.
+1
by 3funder
Thu May 24, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: 529 vs Emergency Fund
Replies: 21
Views: 1455

Re: 529 vs Emergency Fund

In theory, you should pay yourself first, but how long will it really take you to build your emergency fund to 6 months worth of expenses if you continue contributing to the 529s?
by 3funder
Thu May 24, 2018 7:16 am
Forum: Investing - Theory, News & General
Topic: Asset Class Forecasts
Replies: 47
Views: 2635

Re: Asset Class Forecasts

Ironically I am turning more bearish now and have been reducing my equity allocation from low 60% range in November 2017 to 50% currently and might reduce more if I can convince my spouse to go to 40%. aburntoutcase: It appears you are attempting to market-time. Sorry, it seldom works. Listen to Ja...
by 3funder
Thu May 24, 2018 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Saving and storing old statements
Replies: 9
Views: 936

Re: Saving and storing old statements

runner3081 wrote:
Wed May 23, 2018 10:29 pm
Wasted space.

I keep nothing, other than tax returns.
+1
by 3funder
Wed May 23, 2018 9:46 am
Forum: Investing - Theory, News & General
Topic: Theory: Total World Index a Sure Fire Win [VT/VTWSX]
Replies: 155
Views: 12750

Re: Theory: Total World Index a Sure Fire Win [VT/VTWSX]

I'm approximately 60/40 US/International. I'm quite happy with it. That said, I doubt I'll ever increase my US exposure beyond this.
by 3funder
Wed May 23, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 2943

Re: Parents with pre-K kids and 529 target

The goal is exactly what I am trying to figure out. The problem I am finding is that its hard to know what the cost will be in 14 years, so I am trying to hedge a little against overfunding vs. taxable. The calcs online are all over the board. In my state the tax deduction is sort of negligible so ...
by 3funder
Wed May 23, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Car wreck insurance settlement
Replies: 19
Views: 1577

Re: Car wreck insurance settlement

I'm in no hurry to settle. Just have never been down this road before. I didn't know if I should try and settle on my own and see the amount offered or get a lawyer. In regards to medical bills, should I calculate the amount billed or the amount of my insurance made payments/adjustments. I would th...
by 3funder
Wed May 23, 2018 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 2943

Re: Parents with pre-K kids and 529 target

The goal is exactly what I am trying to figure out. The problem I am finding is that its hard to know what the cost will be in 14 years, so I am trying to hedge a little against overfunding vs. taxable. The calcs online are all over the board. In my state the tax deduction is sort of negligible so ...
by 3funder
Wed May 23, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: AA for 20 year old - 401k and non-tax advantaged
Replies: 4
Views: 507

Re: AA for 20 year old - 401k and non-tax advantaged

1) 90% stocks for retirement.
2) Maybe 50/50 stocks/cash?
by 3funder
Wed May 23, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: All else aside - General Allocation Thoughts
Replies: 9
Views: 801

Re: All else aside - General Allocation Thoughts

nutshellml wrote:
Tue May 22, 2018 9:07 pm
3funder wrote:
Tue May 22, 2018 8:59 pm
I'd dump the REIT and just go with large, small, and international.

Large: 40
Small: 10
International: 30
May I ask your rational? Is it because of the state of affairs we are at now? Or just your general philosophy on allocation and REITs?
Total Stock Market Index Funds include REITs.
by 3funder
Tue May 22, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: All else aside - General Allocation Thoughts
Replies: 9
Views: 801

Re: All else aside - General Allocation Thoughts

I'd dump the REIT and just go with large, small, and international.

Large: 40
Small: 10
International: 30
by 3funder
Tue May 22, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 6000

Re: How have you upgraded your wardrobe?

A few dark suits (two would suffice) A navy blue blazer Khakis (tan/beige, navy blue) Long-sleeve button-down dress shirts (white/sky blue mostly) Neck ties (conservative colors; go easy on the patterns) Short-sleeve polos (conservative colors; go easy on the patterns) Dress socks (black/grey, navy ...
by 3funder
Tue May 22, 2018 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need Your Advice - Thank You
Replies: 11
Views: 944

Re: Need Your Advice - Thank You

I'd agree with Taylor's response and also add an option 5: 5) Do it yourself using low cost index funds. Don't do something, just stand there. If you have some time, look up Fidelity's study of their own 401k holders. They found that the most successful investors had an overwhelmingly common trait....
by 3funder
Tue May 22, 2018 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Need Your Advice - Thank You
Replies: 11
Views: 944

Re: Need Your Advice - Thank You

Do it yourself. Vanguard's PAS may only cost 0.3%, but it's 0.3% you don't need to give up. Just invest in one of Vanguard's Target Date Funds. It's almost impossible to fail by doing this. You'd have to make a conscious effort to derail yourself.
by 3funder
Tue May 22, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for a new baby
Replies: 6
Views: 657

Re: Saving for a new baby

529 plan.
by 3funder
Tue May 22, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: At what point do I focus more on mid-term rather than long-term?
Replies: 5
Views: 861

Re: At what point do I focus more on mid-term rather than long-term?

Happiness is only possible in the present. Plan but be flexible and go with the flow. Plan and adjust. The simple answer is yes. Start saving for a potential home down payment. You need to balance near-term (0-1 year), mid-term (1-5 years) and long-term (10+ to retirement). Near-term is a vacation,...
by 3funder
Sat May 19, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20140

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

As far as I am concerned, there are stocks and there are bonds. I don't think about other asset classes (w/the exception of cash or cash-like instruments for emergencies and near-term big ticket items).
by 3funder
Sat May 19, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20140

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

So what should we invest in besides stocks? Direct real estate - rental properties. With the housing shortage in areas like Southern California I would have to agree with that. I was burned so bad in real estate before that I hesitate to get into it, plus I tried to play landlord and that was not a...
by 3funder
Fri May 18, 2018 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Long term investment in grains/wheat
Replies: 22
Views: 1423

Re: Long term investment in grains/wheat

Don't do it. Just don't.
by 3funder
Thu May 17, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Re-Balancing in Tax-Advantaged Accounts
Replies: 4
Views: 356

Re: Portfolio Re-Balancing in Tax-Advantaged Accounts

Your analysis looks spot on to me. Selling stocks to buy bonds in any of those tax advantaged accounts is fine since you'll avoid triggering any taxes that would occur if selling from a non-retirement account. I think any difference between the 401k, tIRA, Roth, etc. is likely to be very minimal. W...
by 3funder
Tue May 15, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Junk Bond fund
Replies: 65
Views: 4003

Re: Vanguard Junk Bond fund

OP,

It's a fine fund if you wish to invest in it. Suggestion: invest the majority of your fixed income allocation in a core bond fund and use Vanguard's high-yield corporate fund to complement it.

3funder
by 3funder
Mon May 14, 2018 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 99
Views: 14216

Re: What online bank do you use?

Capital One/Capital One 360.