Search found 116 matches

by mikeyzito22
Tue Jan 22, 2019 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 37
Views: 4371

Re: Possible Relocation to Portland, OR

If you will or won't have a commute is a huge part of the decision. Traffic is a nightmare in Portland. Really? I can get from one end to another in less than 40 mins. My wife commuted every day from downtown area to southwest suburbs (Clackamas area). Minimum commute every day was 45min if traffic...
by mikeyzito22
Mon Jan 21, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 37
Views: 4371

Re: Possible Relocation to Portland, OR

Nate79 wrote:
Wed Jul 12, 2017 6:55 pm
If you will or won't have a commute is a huge part of the decision. Traffic is a nightmare in Portland.
Really? I can get from one end to another in less than 40 mins.
by mikeyzito22
Mon Jan 21, 2019 7:33 pm
Forum: Personal Consumer Issues
Topic: Grocery shopping strategy
Replies: 119
Views: 6486

Re: Grocery shopping strategy

My groceries come from a mixture of farmers markets (from April to November), Whole Foods, Safeway, and several neighborhood specialty stores. Yes, it's similar to holding individual stocks (which I would never do), but it works for me. All of them are within one mile from home, and I know which pr...
by mikeyzito22
Mon Jan 21, 2019 3:55 pm
Forum: Personal Consumer Issues
Topic: Grocery shopping strategy
Replies: 119
Views: 6486

Re: Grocery shopping strategy

My groceries come from a mixture of farmers markets (from April to November), Whole Foods, Safeway, and several neighborhood specialty stores. Yes, it's similar to holding individual stocks (which I would never do), but it works for me. All of them are within one mile from home, and I know which pr...
by mikeyzito22
Wed Jan 02, 2019 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Prioritization
Replies: 4
Views: 539

Re: Prioritization

Almost everyone can save a little more, if they try. One easy way to do that is when you get a raise, set your withholdings so that half of the raise goes to a retirement account. If you never had the money in your pocket, you won't even miss it. We recommend maxing out any account first that gives...
by mikeyzito22
Wed Jan 02, 2019 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Prioritization
Replies: 4
Views: 539

Re: Prioritization

Because the tax bracket situation is ambiguous and the 403b has an excellent low-expense option of VTSAX, it doesn't really matter much whether you go with the 403b or Roth. Another thing to check is if your 403b also provides the other Vanguard building blocks of Total Bond and Total International...
by mikeyzito22
Tue Jan 01, 2019 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: Prioritization
Replies: 4
Views: 539

Prioritization

Hi, I want to say thank you to all of your posts and I've been reading quite a bit here. I've read the wiki on which to fund first and how much savings rate I need. Although I find all of the wiki very helpful, it usually says to contribute to 401K first, if there is a match. I have a further questi...
by mikeyzito22
Mon Dec 31, 2018 12:28 am
Forum: Investing - Help with Personal Investments
Topic: Am I retirement ready?
Replies: 51
Views: 4892

Re: Am I retirement ready?

How is your health? How is your wife's health? You should factor that in. Are there things you want to do that require you to be young and healthy going forward? You have reached your FIRE age which you targeted 2 years ago. Yet, you linger in the corporate world. Not hating your job, not tied to i...
by mikeyzito22
Sun Dec 30, 2018 11:23 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13610

Re: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]

Holding to ones AA (and through rebalancing buying more) in equity when the herd is fearful, selling and reducing equity exposure isn't dogmatic. It's a great way to make more money than the people who play the "I'm just being flexible and safe" card by reducing equity after the market has taken a ...
by mikeyzito22
Sun Dec 30, 2018 10:34 pm
Forum: Personal Consumer Issues
Topic: Saving at Costco
Replies: 109
Views: 8116

Re: Saving at Costco

I enjoy going to Costco-we shop with control, I like browsing all the TV's and other gadgets there. I don't buy despite "suffering" with a 40" Insignia. I'm too cheap. Often after my "outing" at Costco we head over to Total Wine for some free wine tasting. It's a win win Right. First world problems...
by mikeyzito22
Sat Dec 22, 2018 11:22 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21042

Re: Whose buying today? where's all the "dry powder" folks at? :)

I don't believe in having "dry powder." If I have extra money to invest, I invest it on the first of the month as I always do. I don't keep it around as "dry powder" to invest when I think the market has dropped to a certain level. That just seems like a bad idea to me. Try doing the same, but do i...
by mikeyzito22
Sat Dec 22, 2018 10:40 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21042

Re: Whose buying today? where's all the "dry powder" folks at? :)

I don't believe in having "dry powder." If I have extra money to invest, I invest it on the first of the month as I always do. I don't keep it around as "dry powder" to invest when I think the market has dropped to a certain level. That just seems like a bad idea to me. Try doing the same, but do i...
by mikeyzito22
Sat Dec 22, 2018 10:30 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21042

Re: Whose buying today? where's all the "dry powder" folks at? :)

We buy every Friday whether the market is up, down, or sideways. I've barely paid attention the past couple months but glad to see we're buying on sale this week! Start with Mondays, please! https://www.investopedia.com/day-trading/best-time-day-week-month-trade-stocks/ I have no control over it, F...
by mikeyzito22
Thu Dec 20, 2018 11:42 pm
Forum: Investing - Theory, News & General
Topic: Bear Market - Mindset Expectations
Replies: 61
Views: 6170

Re: Bear Market - Mindset Expectations

I am interested in how others emotionally stay the course during unfriendly times. The psychology of investing is fascinating. The most educated folks, sell near the bottom, against their better judgment. Anxiety, fear, anger, depression are all common emotions felt during the bottoms of a Bear. Ri...
by mikeyzito22
Thu Dec 20, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: Who's buying today? where's all the "dry powder" folks at? :)
Replies: 248
Views: 21042

Re: Whose buying today? where's all the "dry powder" folks at? :)

FinancialRookie wrote:
Thu Dec 20, 2018 5:05 pm
We buy every Friday whether the market is up, down, or sideways. I've barely paid attention the past couple months but glad to see we're buying on sale this week!
Start with Mondays, please!
https://www.investopedia.com/day-tradin ... de-stocks/
by mikeyzito22
Thu Dec 20, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 129
Views: 13141

Re: Is anyone's portfolio not tanking???

This is the "ten year returns" chart from my Vanguard account, with details suppressed. I wouldn't use the word "tanked;" I'm reasonably OK with what's happened this year, so far. https://imgur.com/YE9IWUD.jpg I can get table views of YTD, 1 yr, 5yr etc. at Vanguard. Where at Vanguard can you see a...
by mikeyzito22
Sun Dec 16, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Airbnb as side gig
Replies: 44
Views: 3039

Re: Airbnb as side gig

Hi, Although you have had many dissenters here, it all depends. My mother in law rock five Airbnb units, and yes they're older than us. We also, Airbnb our basement because we saw the benefit. There is a deadbolt and locked fire door between two spaces. The Airbnb is an 800 sq ft space with two bed...
by mikeyzito22
Sun Dec 16, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Airbnb as side gig
Replies: 44
Views: 3039

Re: Airbnb as side gig

Since income from rental properties is not normally considered earned income, I don't see how you could use AirBnB income to contribute to an individual 401k. Is AirBnB income somehow contract (1099) income? Answer: You can't, but if this person is putting away 18,000, then why again do they need t...
by mikeyzito22
Sun Dec 16, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Spotify or Amazon Music?
Replies: 44
Views: 3212

Re: Spotify or Amazon Music?

How about you not use your phone while driving. I see so many cagers flipping through their phones at redlights and other times. I use YouTube premium. All the music plus YouTube is ad free. YouTube premium doesn't have "All the music," in fact it has much much less than either Spotify or Amazon mu...
by mikeyzito22
Sat Dec 15, 2018 11:05 pm
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 81
Views: 13843

Re: I may have understood why it's so hard to save and invest

I still remember my first 401k contribution. I was entry-level at the time, making good money but mostly living paycheck to paycheck and paying down debt. I felt like I was throwing money away, it was such a small amount. I kept putting money in there. A few bucks at a time, chump change. Every lit...
by mikeyzito22
Wed Dec 12, 2018 12:14 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22087

Re: What percentage of your net worth is your home equity?

Home equity IS part of your net worth. So therefore the calculation is straightforward but whether you decide to utilize this information in any meaningful way is not clear. 20% approx for us. Why do you think of it in Net Worth terms? Do you then approximate a car loan, student loans, insurance bi...
by mikeyzito22
Wed Dec 12, 2018 12:09 am
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22087

Re: What percentage of your net worth is your home equity?

KlangFool wrote:
Tue Dec 11, 2018 4:28 pm
OP,

I do not count my house as part of my net worth. If someone is counting the house as part of their net worth, they had bought too much house.

KlangFool
+1
by mikeyzito22
Wed Dec 12, 2018 12:08 am
Forum: Investing - Help with Personal Investments
Topic: 58 y/o nearing retirement - looking at economic/stock market indicators
Replies: 36
Views: 5375

Re: 58 y/o nearing retirement - looking at economic/stock market indicators

Not totally set by any means. 25/50/25 Stocks/CDs/Cash Equal amount in rental property, couple of small pensions kicking in later with social security. Rental income and may even reverse mortgage my home later if necessary. Good salary, Want to work for 2-3 more years. Perhaps a bit of consulting a...
by mikeyzito22
Fri Dec 07, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 375
Views: 22362

Re: What are your property taxes?

800 per year on 190000. Fairhope, AL Decent schools and roads for now. I had to look and I'm :shock: https://www.greatschools.org/search/search.page?lat=30.48763749999999&locationLabel=Fairhope%2C%20AL%2036532&locationType=zip&lon=-87.87461459999997&state=AL Just to be clear: Greatschools.org is no...
by mikeyzito22
Wed Dec 05, 2018 1:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1789893

Re: U.S. stocks in freefall

Aren’t we just back to last Tuesday for the S&P? What’s all the commotion about? The severity or suddenness of the drop could portend further weakness. Very possibly. The S&P 500 is below its 8 month moving average, and during such times, volatility has historically been higher than average and ret...
by mikeyzito22
Wed Dec 05, 2018 12:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1789893

Re: U.S. stocks in freefall

Aren’t we just back to last Tuesday for the S&P? What’s all the commotion about? The severity or suddenness of the drop could portend further weakness. Very possibly. The S&P 500 is below its 8 month moving average, and during such times, volatility has historically been higher than average and ret...
by mikeyzito22
Fri Nov 30, 2018 11:48 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 258
Views: 45005

Re: Bonds - Throw it all on the table!!!

. . . as you can see with at least THESE posts that the three fund isn't adhered to by most bogleheads. I even saw a poll thread once that asked how many people strictly use the three fund, and it said less than 20%. . . And that makes me sad. That's because this site espouses a religion. And like ...
by mikeyzito22
Fri Nov 30, 2018 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Low
Replies: 7
Views: 1096

Re: Buying Low

Newbie question?? Are you actually able to take advantage of a “low” day of trading in the short run? What I mean by this is say hypothetically that the market closes 200 pts down today. If I was to put in a purchase order to VG today, and the market bounces back 400Pts tomorrow, by the time my ord...
by mikeyzito22
Sat Nov 24, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 258
Views: 45005

Re: Bonds - Throw it all on the table!!!

I believe it is fair to say that Bogleheads employ many different strategies in terms of bonds in their portfolios. I am of the opinion that whether an investor invests in one or more bond funds, the end result is probably close to the same over the long term. Would this be a fair and reasonable as...
by mikeyzito22
Sat Nov 24, 2018 4:00 pm
Forum: Investing - Theory, News & General
Topic: Bonds - Throw it all on the table!!!
Replies: 258
Views: 45005

Re: Bonds - Throw it all on the table!!!

I believe it is fair to say that Bogleheads employ many different strategies in terms of bonds in their portfolios. I am of the opinion that whether an investor invests in one or more bond funds, the end result is probably close to the same over the long term. Would this be a fair and reasonable as...
by mikeyzito22
Sun Nov 18, 2018 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: anyone buying individual stocks or sector ETF's?
Replies: 13
Views: 1182

Re: anyone buying individual stocks or sector ETF's?

No, i dont do individual stocks or sector funds because i know that im not smarter than the collective wisdom of the efficient markets. Im just an "averagedude" that just accepts average market returns with low fees, knowing i will more than likely outperform the majority of investors with this str...
by mikeyzito22
Sat Nov 17, 2018 12:13 am
Forum: Investing - Theory, News & General
Topic: What if mean reversion of stock prices is a myth?
Replies: 18
Views: 1970

Re: What if mean reversion of stock prices is a myth?

The thread is amazing. I am the Mean, I mean. However, this is my first year of investing with substantial assets. Market highs and lows with volatility. So, when I look at my assets, they're down from when I started. Negative from the start, but that is exciting! I'm glad to be part of the real thr...
by mikeyzito22
Wed Oct 31, 2018 11:32 pm
Forum: Investing - Theory, News & General
Topic: Limting Human Bias - 3 Fund VS Vanguard Target Life Strategy
Replies: 30
Views: 2280

Re: Limting Human Bias - 3 Fund VS Vanguard Target Life Strategy

:beer Hello, After reading Taylors 3 Fund book and several others I'm pretty convinced the main threat to my portfolio is myself (by the way of behavioral errors). Would it be correct to say that the Target Life funds are even more of a Bogle Head approach than the 3 fund portfolio? I’d say so. Targ...
by mikeyzito22
Mon Oct 29, 2018 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Target Funds & Dividends/Interest
Replies: 6
Views: 846

Re: Target Funds & Dividends/Interest

Thank you for the claification!
by mikeyzito22
Mon Oct 29, 2018 9:37 pm
Forum: Investing - Help with Personal Investments
Topic: Target Funds & Dividends/Interest
Replies: 6
Views: 846

Re: Target Funds & Dividends/Interest

Mutual funds hold on to any dividends and interest they receive from their holdings, reinvesting the money until it is paid out. I would expect the target-date funds to reinvest the dividends they receive from the underlying funds back into those funds. Similarly, if you, as a target-date fundholde...
by mikeyzito22
Sun Oct 28, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Getting depressed with all this saving. :-(
Replies: 38
Views: 6473

Re: Getting depressed with all this saving. :-(

So - to get a handle on myself, I decided to go ahead and put pretty much all Taxable cash into CDs, some 10K in bonds, 35 in VTSAX.The rest 200K in MSFT and 100K in AAPL stock just has a lot of long term gains. And now I'm depressed. New speakers beckon. (My HiFi is around 100K, but I need to upgr...
by mikeyzito22
Wed Oct 17, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 96
Views: 11424

Re: What do you consider 'enough'?

Does anyone out there in their working years have a way of figuring out what is 'enough' in terms of income to support their current lifestyle and to also save for the future? I know it's different for everyone but I'd be curious to hear your thoughts on if and how you calculate how much is 'enough...
by mikeyzito22
Sun Oct 14, 2018 9:45 pm
Forum: Personal Consumer Issues
Topic: Boglehead's Car Talk
Replies: 35
Views: 3510

Re: Boglehead's Car Talk

Keep the RAV4. Keep the Forester. Stop dreaming about Volkswagens. I write this as the owner of a 2002 Volkswagen Golf that still runs fine. My next car will be either a 2019 RAV4 or a Forester. Yep. I just purchased a brand new Rav4 and it is killer. BTW, test drove the Forester, not so happy. PDX.
by mikeyzito22
Fri Oct 12, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Pacific Northwest trip
Replies: 39
Views: 3167

Re: Pacific Northwest trip

IF you're coming to Portland, stay with a fellow boglehead at out private Airbnb. Cute and on the eastside, close to everything!

https://www.airbnb.com/rooms/16895726
by mikeyzito22
Wed Oct 10, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1789893

Re: U.S. stocks in freefall

peterinjapan wrote:
Wed Oct 10, 2018 9:18 pm
Aaaand two years of profits from DAL wiped out.

Damn it.
DAL 39.00 a share Oct 2016
DAL 52.70 a share Oct 2018
I'm a missing something?
by mikeyzito22
Mon Oct 08, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: What tools do you use to track your finances?
Replies: 50
Views: 4019

Re: What tools do you use to track your finances?

We used Mint for years, but now we just use Personal Capital to track investment account balances and performance over time. But to be honest, I'm thinking about closing the PC account because of concerns about data leakage. As for spending, we no longer need to track it because we have it under ti...
by mikeyzito22
Sat Sep 22, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 10295

Re: How real is cyber risk?

Cyber risk is real: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-bangladesh-billion-dollar-bank-heist.html, but it's nothing something I worry about much. If Vanguard or your bank account was hacked, I would expect you to eventually be made whole by the financial institutions...
by mikeyzito22
Sat Sep 22, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: How real is cyber risk?
Replies: 176
Views: 10295

Re: How real is cyber risk?

Cyber risk is real: https://www.nytimes.com/interactive/2018/05/03/magazine/money-issue-bangladesh-billion-dollar-bank-heist.html, but it's nothing something I worry about much. If Vanguard or your bank account was hacked, I would expect you to eventually be made whole by the financial institutions...
by mikeyzito22
Fri Sep 21, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 1964

Re: CIT vs. ALLY vs. 360

I have had a CIT savings account for about 6 years. I also have had an Ally savings account for many years. Up until recently, CIT had a very clunky web site that was frustrating to use. But, they recently upgraded the site and it is now much better. Back in the days when their website was terrible...
by mikeyzito22
Fri Sep 21, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 1964

Re: CIT vs. ALLY vs. 360

Don’t really see a point of moving funds based on name recognition. Do you feel a less notable reputation may indicate bad banking practices ? That's sort of what I was thinking, or safety. I'm erring on the safety side primarily because I've been a credit union member since the beginning of time w...
by mikeyzito22
Fri Sep 21, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 1964

CIT vs. ALLY vs. 360

Hi, I think I may already know the answer to this, however I would like to get the panel's advice. I put my emergency savings in CIT money market, which pays the amount of other Online Money Markets and it seems as if it is FDIC insured. Is there any reason to switch it to Capital One, Ally, or Amex...
by mikeyzito22
Sun Sep 16, 2018 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3181
Views: 617556

Re: What's Your Credit Card Rewards Strategy?

By the way, the Amex Blue Cash with the 6% rebate on groceries has an annual limit on the 6% cash back ($360 I think). Is there any easy way to keep track of this without manually keeping your own records? Thanks. Each statement shows rewards in each category for the month and I think cumulatively ...
by mikeyzito22
Fri Sep 14, 2018 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6868

Re: Lower Return Decade Says Jack: Thoughts?

Yes, lower return is EXPECTED. Actual return could be much higher or much lower. On the other hand, CD would ensure low return. Man, this drives me crazy...you are right...it could be lower....we've had a long run...I still have 15 years before retirement... but would hate to get in with my lump su...
by mikeyzito22
Sun Sep 09, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Lower Return Decade Says Jack: Thoughts?
Replies: 81
Views: 6868

Re: Lower Return Decade Says Jack: Thoughts?

Yes, lower return is EXPECTED. Actual return could be much higher or much lower. On the other hand, CD would ensure low return. Man, this drives me crazy...you are right...it could be lower....we've had a long run...I still have 15 years before retirement... but would hate to get in with my lump su...