Search found 170 matches

by Socal77
Sat Nov 16, 2019 2:05 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 12113

Re: Best thing you have ever bought?

Toothbrush
by Socal77
Tue Nov 12, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 16
Views: 2641

Re: Las Vegas Areas and Real Estate

Hey All Good Folks, We are looking to buy a home in the Las Vegas area. Did you end up buying in Las Vegas? No, we never did. We went and looked twice. I personally thought parts were beautiful and especially the first time we went (like Feb/March) weather was awesome. I actually ended up taking a ...
by Socal77
Tue Nov 12, 2019 7:36 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 16
Views: 2641

Re: Las Vegas Areas and Real Estate

anonsdca wrote:
Wed Dec 28, 2016 10:59 pm
Hey All Good Folks,

We are looking to buy a home in the Las Vegas area.
Did you end up buying in Las Vegas?
by Socal77
Tue Oct 22, 2019 4:13 pm
Forum: Personal Consumer Issues
Topic: Rebrand to a new career...
Replies: 19
Views: 2311

Re: Rebrand to a new career...

Been looking into this myself at middle age. It's not set up here to switch careers very easy at all. Seems really helps to be a "recent grad." AKA... :-)
by Socal77
Wed Oct 09, 2019 5:26 pm
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 187
Views: 19965

Re: John Bogle’s formula says 1% real stock returns likely over next decade

Whatever the case hopefully my 20% international portion of equity improves my total return since it has been under-performing relative to domestic.
by Socal77
Wed Oct 09, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: INTERNATIONALS 20% of Equities or 20% of Portfolio?
Replies: 57
Views: 3719

Re: INTERNATIONALS 20% of Equities or 20% of Portfolio?

Aside from my Vanguard Target 2035 fund which holds international at their discretion, my HSA and Taxable accounts are set to international 20% of the equity portion.
by Socal77
Thu Sep 26, 2019 11:18 am
Forum: Personal Investments
Topic: MassMutual
Replies: 8
Views: 627

Re: MassMutual

One can usually look up online the Form 5500 for any company 401(k) that was filed in the past, so one can see the investment choices in under 5 minutes. Sweet. Thanks for the info. I'll look it up. Found it I believe but the form does not list the optiions.. https://www.efast.dol.gov/portal/app/di...
by Socal77
Thu Sep 26, 2019 11:10 am
Forum: Personal Investments
Topic: MassMutual
Replies: 8
Views: 627

Re: MassMutual

livesoft wrote:
Thu Sep 26, 2019 10:54 am
One can usually look up online the Form 5500 for any company 401(k) that was filed in the past, so one can see the investment choices in under 5 minutes.
Sweet. Thanks for the info. I'll look it up.
by Socal77
Thu Sep 26, 2019 10:52 am
Forum: Personal Investments
Topic: MassMutual
Replies: 8
Views: 627

Re: MassMutual

Thanks all. Look's like there's some hope I'll have some low cost options, but not guaranteed if indeed each company picks their own offerings.
by Socal77
Thu Sep 26, 2019 10:24 am
Forum: Personal Investments
Topic: MassMutual
Replies: 8
Views: 627

MassMutual

I may be switching jobs soon to a company that uses MassMutual for 401k.. Does anyone know if the options are specific to each company? Or are the options the same for all individual companies that use MassMutual... And if the same for all companies does anyone have a current list of options? Thanks
by Socal77
Tue Sep 03, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: Real Estate vs Equities
Replies: 29
Views: 2775

Re: Real Estate vs Equities

rents are inflating here in Southern California at 6% a year, not sure how long this will continue but with equities returning so little in real terms ( almost zero) it's a concern not having housing costs locked in long term... any other renters in HCOL areas? are you concerned? I lived all over S...
by Socal77
Thu Aug 29, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: POST YOUR QUESTIONS FOR THE EXPERTS PANEL Q&A HERE
Replies: 84
Views: 14006

Re: POST YOUR QUESTIONS FOR THE EXPERTS PANEL Q&A HERE

Is a three fund portfolio still viable if domestic interest rates go negative?
by Socal77
Thu Jun 13, 2019 3:11 pm
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 10495

Re: The Case Against ETFs

I like the tax certainty of my three fund Blackrock ETF's. ITOT, IXUS, AGG
by Socal77
Wed May 22, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 32194

Re: Anyone want to share their monthly budget? Here's ours

Rent $800
Car Insurance $55
Gas $40
Utilities $75
Target $80
Food $500
Internet/Cable $52
Cell Phone $89
Tidal,Netflix,Gym. $39
HDHP/Dental $104
Total: $1,842

Gross Income: ~92K
by Socal77
Fri May 03, 2019 9:06 am
Forum: Investing - Theory, News & General
Topic: Berkshire buying stake in Amazon - my opinion
Replies: 55
Views: 6573

Re: Berkshire buying stake in Amazon - my opinion

His new guys are talking him out of his circle of competence. He must trust them tremendously.
by Socal77
Thu Apr 25, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming a Financial Advisor
Replies: 41
Views: 2372

Re: Becoming a Financial Advisor

Have you thought about working for a company that best approximates the Boglehead philosophy like Betterment?
by Socal77
Thu Apr 04, 2019 11:43 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 18343

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

My employer prefers NOT to use HB-1 visas, it is costly from a legal standpoint, and they want to follow the spirit of the laws. But often there are specialties where it is hard to find qualified experienced people. That said, one must look at how/why such experience is coming from outside the US. ...
by Socal77
Tue Apr 02, 2019 3:50 pm
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 18343

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

Corporate profits are at an all time high. Like I've said in other threads that BH moderators closed companies are getting scale and squeezing their employees. Everyone is looking for "recent college grads." And then there's a disclaimer after the job description how they do not discriminate. Some o...
by Socal77
Mon Apr 01, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Valuing retirement years
Replies: 35
Views: 3937

Re: Valuing retirement years

Retire
by Socal77
Thu Mar 21, 2019 8:18 am
Forum: Investing - Theory, News & General
Topic: What will be the effect of negative interest rates?
Replies: 28
Views: 2268

Re: What will be the effect of negative interest rates?

If it costs me to keep money in savings I'd probably (for better or worse) transfer the bulk of my emergency/bill paying cash to a conservative stock/bond ratio.
by Socal77
Thu Feb 21, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Losing a job in your 50's...
Replies: 431
Views: 62559

Re: Losing a job in your 50's...

Does anyone have examples of industries or jobs where being over 50 is to the workers advantage?
by Socal77
Tue Feb 05, 2019 8:38 am
Forum: Personal Investments
Topic: Fidelity Zero tax efficiency
Replies: 19
Views: 1651

Re: Fidelity Zero tax efficiency

Thanks everyone. Even though we don't know how tax efficient they'll be they've already distributed short and long term cap gains. So it looks like I made a mistake transferring to FZero funds (in my taxable). If that was happening with iShares it was not apparent and never needed to be included on ...
by Socal77
Tue Feb 05, 2019 8:12 am
Forum: Personal Investments
Topic: Fidelity Zero tax efficiency
Replies: 19
Views: 1651

Fidelity Zero tax efficiency

It was pointed out to me that the Fidelity Zero funds are not as tax efficient as ETF's. I recently switched from iShares to Fidelity Zero in my taxable account so I could easily automatically invest even dollar sums vs. buying shares. How and when am I paying higher taxes for example, between my pr...
by Socal77
Mon Feb 04, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50537

Re: Larry Swedroe: 3% is the new 4%

What I am attempting to communicate is the X they are telling you to take out, from their perspective, is an amount that will not completely deplete your account before you die. They are saying that 3.65% is a safe withdrawal rate "floor" for someone 70.5+. Well, yes and no. It is a percentage of y...
by Socal77
Mon Feb 04, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50537

Re: Larry Swedroe: 3% is the new 4%

Thanks. This is what I thought and why I posted the current RMD for 70.5 plus is 3.65%. So at that point anything less is a moot point for SWR analysis. But it does have value from the perspective that it provides a point of comparison for other withdrawal rates before you turn 70.5 RMDs have nothi...
by Socal77
Mon Feb 04, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50537

Re: Larry Swedroe: 3% is the new 4%

Except at 70 RMD is currently 3.65%. What does RMD have to do with SWR? RMD is merely a taxation rule. From the IRS standpoint, sure, it is primarily about taxes. But the way RMDs are computed is actually based on a very simple time value of money formula (aka PMT), something close to the Boglehead...
by Socal77
Mon Feb 04, 2019 7:31 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50537

Re: Larry Swedroe: 3% is the new 4%

Except at 70 RMD is currently 3.65%. What does RMD have to do with SWR? RMD is merely a taxation rule. So, if you have a 401K with $1,000,000 balance at age 70.5 you are not required to take a distribution of $36,500? Maybe I am misunderstanding RMD's but if the above is true then the FED actuaries...
by Socal77
Sun Feb 03, 2019 9:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: 3% is the new 4%
Replies: 662
Views: 50537

Re: Larry Swedroe: 3% is the new 4%

Except at 70 RMD is currently 3.65%.
by Socal77
Sun Feb 03, 2019 6:21 am
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8105

Re: Finally thinking about making the switch from Vanguard to Fidelity

22%. Would you elaborate? Read the tax efficiency section of this from the wiki: https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds You don't want mutual funds in a taxable account unless they are Vanguard mutual funds. ETFs are more tax efficient, except for Vanguard mutual funds because they ow...
by Socal77
Sat Feb 02, 2019 8:25 pm
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8105

Re: Finally thinking about making the switch from Vanguard to Fidelity

When switching, keep in mind that Zero funds are not available in SE 401(k)'s or HSA's. I'm not sure if they are available in SEP's or other IRA's. I just switched to FZILX and FZROX in my Fidelity HSA from iShares. Not sure what you mean about Zero funds not available in Fidelity HSA. Maybe they o...
by Socal77
Fri Feb 01, 2019 8:09 pm
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8105

Re: Finally thinking about making the switch from Vanguard to Fidelity

When switching, keep in mind that Zero funds are not available in SE 401(k)'s or HSA's. I'm not sure if they are available in SEP's or other IRA's. I just switched to FZILX and FZROX in my Fidelity HSA from iShares. Not sure what you mean about Zero funds not available in Fidelity HSA. Maybe they o...
by Socal77
Fri Feb 01, 2019 6:40 am
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8105

Re: Finally thinking about making the switch from Vanguard to Fidelity

southerndoc wrote:
Thu Jan 31, 2019 8:52 pm
When switching, keep in mind that Zero funds are not available in SE 401(k)'s or HSA's. I'm not sure if they are available in SEP's or other IRA's.
I just switched to FZILX and FZROX in my Fidelity HSA from iShares. Not sure what you mean about Zero funds not available in Fidelity HSA.
by Socal77
Thu Jan 31, 2019 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 11981

Re: Were you 100% debt free at retirement -- NO

Bogleheads: Pat and I took out a low-interest 30-year mortgage loan in our early 80s. We put the money into two Single Premium Immediate Annuities (SPIAs). The idea was (and still is) that we would rather spend the money than have it tied-up in our home. We put the money into two SPIAs which guaran...
by Socal77
Thu Jan 31, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 11981

Re: Were you 100% debt free at retirement -- NO

Bogleheads: Pat and I took out a low-interest 30-year mortgage loan in our early 80s. We put the money into two Single Premium Immediate Annuities (SPIAs). The idea was (and still is) that we would rather spend the money than have it tied-up in our home. We put the money into two SPIAs which guaran...
by Socal77
Tue Jan 29, 2019 4:12 pm
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8105

Re: Finally thinking about making the switch from Vanguard to Fidelity

3) FXNAX - Fidelity Zero Total US Bond Index FXNAX is not a Zero fund. Fidelity does not have a zero ER bond fund. The ER on FXNAX (U.S. Bond Index Fund) is 0.025 - I mean that's pretty small but it's not zero Thanks for the correction. You're right. It's not zero. :oops: When I looked a while ago ...
by Socal77
Tue Jan 29, 2019 9:41 am
Forum: Personal Investments
Topic: Finally thinking about making the switch from Vanguard to Fidelity
Replies: 50
Views: 8105

Re: Finally thinking about making the switch from Vanguard to Fidelity

The Vanguard 2040 Target retirement is an excellent fund. As one other poster mentioned they automatically re-balance and they automatically change your asset allocation as you proceed towards retirement. These are two important tasks and are done automatically for you at very little cost (the cost ...
by Socal77
Thu Jan 24, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 47345

Re: What lifestyle creep made you happier?

pdavi21 wrote:
Thu Jan 24, 2019 12:14 am
Huge paycut for a much easier job.
What job did you switch from and to?
by Socal77
Wed Jan 23, 2019 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 205
Views: 22537

Re: Why doesn't a lot of money feel like a lot of money?

During my studies of personal fulfillment and psychology I found a concept called "Headwinds/Tailwinds." It applies to all situations in life, not just finances. Most of us quickly forget about all of the tailwinds we have, and only concentrate on the headwinds. This, IMO, is one of the very subtle...
by Socal77
Wed Jan 23, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 205
Views: 22537

Re: Why doesn't a lot of money feel like a lot of money?

During my studies of personal fulfillment and psychology I found a concept called "Headwinds/Tailwinds." It applies to all situations in life, not just finances. Most of us quickly forget about all of the tailwinds we have, and only concentrate on the headwinds. This, IMO, is one of the very subtle ...
by Socal77
Fri Jan 18, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: How much house can I afford (really)?
Replies: 129
Views: 8499

Re: How much house can I afford (really)?

I think a major factor for anyone buying RE is financial and human capital margin of safety. Can one handle significant unexpected events and still maintain the loan?
by Socal77
Thu Jan 17, 2019 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 690
Views: 70448

Re: Why are you NOT buying rental properties?

I saved up a down payment for RE in SoCal. Not much relative to SoCal RE because I prefer a modest to small living space. A small condo is fine for me. I want to buy (mainly to lock in housing costs because in Cali rising rents can quickly change your financial situation) but am waiting to see what ...
by Socal77
Wed Jan 16, 2019 9:44 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 57753

Re: John Bogle is dead at 89

RIP Mr. Bogle. You will be missed.
by Socal77
Wed Jan 16, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 7141

Re: A co-worker makes more than me

Most everyone is making this too complicated. The only relevant information is if the company has scale to squeeze the employee and continue operations. Don't forget, a company can also take labor cost savings of the previous employee and subsidize the labor cost of the new employee. OP has a few di...
by Socal77
Wed Jan 16, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 7141

Re: A co-worker makes more than me

Many employers have successfully scaled which allows them to squeeze workers without disrupting operations. This is their game and the institutions and culture have supported and enable it. The only real option a worker has to support their view is to "vote with their feet" and leave. As a matter a ...
by Socal77
Tue Jan 15, 2019 5:16 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 4625

Re: Any good reason to get a smartwatch?

Not really.
by Socal77
Mon Jan 07, 2019 7:02 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 8390

Re: Safe withdrawal rate at 38 years old

I really trust Kitces' advice. Check out this talk on SWR. Don't forget the WR can be adjusted according to market circumstances up and down.

Just listened again. This covers younger retiree scenarios too. Highly recommended.

https://www.youtube.com/watch?v=7YfkoS9tttU
by Socal77
Sat Jan 05, 2019 8:37 pm
Forum: Personal Investments
Topic: New Investor at 62.
Replies: 17
Views: 916

Re: New Investor at 62.

Regarding how much you can lose with certain allocations, the linked chart gives you an idea of returns and potential losses. This can guide you on what stock/bond allocation you might be comfortable with. https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations?lang=en
by Socal77
Thu Jan 03, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: Absurd Adviser Fees!
Replies: 16
Views: 2871

Re: Absurd Adviser Fees!

How fair is it when nearly HALF of a client's 4% withdrawal rate for retirement goes to pay the adviser and the funds they invest in? RIAs are supposed to be fiduciaries and consider all costs. Apparently, that doesn't apply to this adviser's own fee. Edelman Financial Engines This company charges ...