Search found 84 matches

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: 2235

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: 820

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: 820

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: 6339

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: 11281

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: 3417

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: 3014

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 freefall
Replies: 7807
Views: 1603234

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: 3909

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: 10087

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: 10087

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: 1878

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: 1878

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: 1878

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: 2985
Views: 586453

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: 6780

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: 6780

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 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: How much do bogleheads save in 529?
Replies: 79
Views: 4694

Re: How much do bogleheads save in 529?

We have two kids and contribute $350 per month in each kid's 529 account. We started doing this in the first month they were born. The funds are invested aggressively in S&P 500 index funds. (I screwed this up early on by trying to do market timing, but I believe that I have learned from my mistake...
by mikeyzito22
Thu Sep 06, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on starting Vanguard Roth IRA
Replies: 6
Views: 517

Re: Need advice on starting Vanguard Roth IRA

starting with a vanguard target date fund should be fine. you should hopefully have enough after two years of contributions to then purchase the investor shares of the 3 index funds for the 3 fund portfolio. if you look up the composition of the vanguard target date funds you'll see that they're ba...
by mikeyzito22
Sun Aug 19, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 10788

Re: Take auto loan 0.9% if I can afford cash?

jehovasfitness wrote:
Wed Aug 15, 2018 8:34 am
Sure and put the cash in a money market at CIT bank earning 1.85%
THIS
by mikeyzito22
Sun Aug 19, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put the first $5000
Replies: 24
Views: 1910

Re: Where to put the first $5000

Thanks for the responses, a little bit about me... I've been reading a lot of investment forums/personal finance books through medical school, but never had any chips to play with until now. I've gone through JL Collins' stock series recently and really agree with his approach to investing. I'm jus...
by mikeyzito22
Sun Aug 19, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put the first $5000
Replies: 24
Views: 1910

Re: Where to put the first $5000

Thanks for the responses, a little bit about me... I've been reading a lot of investment forums/personal finance books through medical school, but never had any chips to play with until now. I've gone through JL Collins' stock series recently and really agree with his approach to investing. I'm jus...
by mikeyzito22
Fri Aug 17, 2018 10:55 pm
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 81
Views: 9424

Re: For those of you in the Accumulation Phase - How often do you check?

Probably every other day, it's just too easy. Everyone month I tally in an Excel spreadsheet to see if I'm outside of rebalancing bands in order to direct next month's contributions (my form of active management!) Everyone here is talking about a spreadsheet this and a spreadsheet that. Why can't a...
by mikeyzito22
Fri Aug 17, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: How much contribute to a Roth account for dependent kid?
Replies: 4
Views: 408

Re: How much contribute to a Roth account for dependent kid?

Hi,

You can contribute any taxable income to a Roth Ira up to $5500. If you made $3000 taxable you may/can contribute that much only. There is a $5500 limit for Roth contributions in general per year, regardless of whether you make $100,000 or $20,000.
by mikeyzito22
Fri Aug 17, 2018 10:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10519

Re: Vanguard predicts 10 year equity returns

10-yr treasury bonds yield nearly 3% now. If that holds, predicted 3-4% nominal on US equities means Vanguard is expecting no equity premium over the next decade, at least none over the nearly completely safe 10 yr tbond. Yuck. The insinuation seems to be that PE ratios will revert to the mean. I'm...
by mikeyzito22
Fri Aug 17, 2018 9:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10519

Re: Vanguard predicts 10 year equity returns

When do you know you are not in the accumulation phase anymore? When you are working for money and contributing to retirement and savings accounts, building up your social security and possibly pension, you are in the accumulation phase. When you are not working for money, drawing on your social se...
by mikeyzito22
Fri Aug 17, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10519

Re: Vanguard predicts 10 year equity returns

I'm pretty sure those are real return estimates. Those are predicted nominal returns. https://advisors.vanguard.com/iwe/pdf/FA863418.pdf They're predicting inflation will stay around 2%, so real US market returns of 1-3% over the next decade. 10-yr treasury bonds yield nearly 3% now. If that holds,...
by mikeyzito22
Fri Aug 17, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 81
Views: 9424

Re: For those of you in the Accumulation Phase - How often do you check?

Probably every other day, it's just too easy. Everyone month I tally in an Excel spreadsheet to see if I'm outside of rebalancing bands in order to direct next month's contributions (my form of active management!) Everyone here is talking about a spreadsheet this and a spreadsheet that. Why can't a...
by mikeyzito22
Fri Aug 17, 2018 9:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10519

Re: Vanguard predicts 10 year equity returns

Please tell me these are real returns. I suspect not. I'm pretty sure those are real return estimates. Those are predicted nominal returns. https://advisors.vanguard.com/iwe/pdf/FA863418.pdf They're predicting inflation will stay around 2%, so real US market returns of 1-3% over the next decade. 10...
by mikeyzito22
Tue Aug 14, 2018 10:47 pm
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2529

Re: Is the price of a new car a good proxy for the expense of owning it?

Imagine a person with an annual salary of $60k and net income (after taxes etc.) of $46k, which is about $3,800/month. With living expenses of $1,500/month and retirement savings of $800 per month this person has roughly $1,500 in disposable income. If they spent roughly third of that disposable in...
by mikeyzito22
Tue Aug 14, 2018 8:10 pm
Forum: Local Chapters and Bogleheads Community
Topic: Master Thread for Portland, Oregon
Replies: 141
Views: 45654

Re: Master Thread for Portland, Oregon

Hello,

It has been three or four years since a Portland thread has been added. Is there anyway to get in touch with Bogleheads in Portland, OR?
by mikeyzito22
Mon Aug 13, 2018 9:39 pm
Forum: Personal Consumer Issues
Topic: Is the price of a new car a good proxy for the expense of owning it?
Replies: 38
Views: 2529

Re: Is the price of a new car a good proxy for the expense of owning it?

Imagine a person with an annual salary of $60k and net income (after taxes etc.) of $46k, which is about $3,800/month. With living expenses of $1,500/month and retirement savings of $800 per month this person has roughly $1,500 in disposable income. If they spent roughly third of that disposable in...
by mikeyzito22
Sun Aug 12, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 95
Views: 10502

Re: AAPL, AMZN, or GOOG?

LiveSimple wrote:
Fri Mar 02, 2018 5:22 am
If OP, want a middle ground, see if you want to invest in sector funds.

VGT : Vanguard Information Technology or something similar
VCR : Vanguard Consumer Discretionary or something similar
Both funds have overperformed VTI since 2015, according to backtest portfolio.
by mikeyzito22
Fri Aug 10, 2018 12:17 am
Forum: Investing - Help with Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 13
Views: 1978

Re: Buying Individuals Stocks In A Roth IRA?

Yes, provided you've got the brokerage account version at Vanguard. If you've had the Roth a long time you might have to hit the upgrade button. I haven't done this at Vanguard as I quit messing with individual stocks but at TDAmeritrade where I used to hold my Roth I initially had nothing else. Th...
by mikeyzito22
Thu Aug 09, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute extra $ into Roth or Mortgage
Replies: 12
Views: 1120

Re: Contribute extra $ into Roth or Mortgage

Just out of curiosity, how do you know exactly how much you have in the "Teacher's Retirement System?" Our state doesn't let you know how much is in there but only gives you an estimate. :)
by mikeyzito22
Thu Aug 09, 2018 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 13
Views: 1978

Re: Buying Individuals Stocks In A Roth IRA?

Yes, provided you've got the brokerage account version at Vanguard. If you've had the Roth a long time you might have to hit the upgrade button. I haven't done this at Vanguard as I quit messing with individual stocks but at TDAmeritrade where I used to hold my Roth I initially had nothing else. Th...
by mikeyzito22
Thu Aug 02, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

In a Roth you could easily hold BND until it’s enough to swap for the MF, but if you prefer my cash option works too (settlement account). Thank you for the advice. I have a high yield savings account at CIT. I think I could possibly use that for the BND portion eventually. I just need to be able t...
by mikeyzito22
Thu Aug 02, 2018 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

In a Roth you could easily hold BND until it’s enough to swap for the MF, but if you prefer my cash option works too (settlement account). Thank you for the advice. I have a high yield savings account at CIT. I think I could possibly use that for the BND portion eventually. I just need to be able t...
by mikeyzito22
Thu Aug 02, 2018 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

Any of the ideas you mentioned will work. In the long run it is not going to make a lot of difference because these amounts will be a drop in the bucket by the time you are done. If it were me, I'd just keep the target fund and not worry about it till the portfolio is large enough to just fix all i...
by mikeyzito22
Thu Aug 02, 2018 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

A, but don't be in a hurry to break it up. If you do break it up into a 3-fund portfolio someday, don't tinker with the asset allocation. Keep it steady until your need, ability, and/or willingness to take risks changes; don't change your AA because the market went up or down. BTW, it's "Roth", not...
by mikeyzito22
Wed Aug 01, 2018 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

A, but don't be in a hurry to break it up. If you do break it up into a 3-fund portfolio someday, don't tinker with the asset allocation. Keep it steady until your need, ability, and/or willingness to take risks changes; don't change your AA because the market went up or down. BTW, it's "Roth", not...
by mikeyzito22
Wed Aug 01, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

Is this in a taxable account? Do you have tax-advantages assets? Maximize those and read up on tax-efficient fund placement. Wait until you have $3K to get the bond mutual fund and just hold 10% in your settlement fund for now. Interest isn’t far off, and risk is almost zero. I said it was all in a...
by mikeyzito22
Tue Jul 31, 2018 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

d) stick with TD 2060 because you eventually do enough research to realize that the asset allocation in it is just about perfection. Then I'm wondering why most folks here including Jack Bogle say 20% international. I can't speak for Bogle or other Bogleheads, but I can say that the research clearl...
by mikeyzito22
Tue Jul 31, 2018 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Re: Breaking it into a three fund portfolio.

d) stick with TD 2060 because you eventually do enough research to realize that the asset allocation in it is just about perfection. Then I'm wondering why most folks here including Jack Bogle say 20% international. Nonetheless, it will be more efficient after it builds to break it up because I don...
by mikeyzito22
Tue Jul 31, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Breaking it into a three fund portfolio.
Replies: 21
Views: 1729

Breaking it into a three fund portfolio.

New Investor here, $8451.00 in Target date 2060. 90/10 allocation wanted, which this achieves, but has a bit too much international for the total portfolio because I would like to keep it around 20-25%. I need to keep dollar cost averaging. I want to move to a three-fund or four fund portfolio inste...
by mikeyzito22
Thu Jul 26, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: The stock that got away
Replies: 40
Views: 3107

Re: The stock that got away

Missed the boat? How about investing a substantial sum in VTSAX in January before the "dip"? It can go either way. On one hand, "Whew. That was close." :shock: On the other hand, "Shucks. . . if only. . . " :confused j THE ABOVE is exactly what I did to start a ROTH in January but it was the invest...
by mikeyzito22
Tue Jul 24, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Closing Wealthfront and Betterment accounts: Guidance requested
Replies: 32
Views: 2709

Re: Closing Wealthfront and Betterment accounts: Guidance requested

If the OP closes the accounts, the money has to leave the accounts and go somewhere. :) Might as well go to a checking account and from there directly into the desired investment account of choice. As for the idea to just stop investing in those accounts and not close them, I think that is a bad id...