Search found 61 matches

by khangaroo
Mon Jul 27, 2020 9:11 pm
Forum: Personal Investments
Topic: HSA - Portfolio Selection
Replies: 14
Views: 865

Re: HSA - Portfolio Selection

I agree with the posters above. Consolidate into one fund. My stats are similar to yours, 31, max HSA, optum bank. I throw everything into VITSX. I like to get some of that small and mid cap in there but I don't think you can go wrong with either one. I have 15-20% international in my overall portfo...
by khangaroo
Wed Jul 15, 2020 11:10 am
Forum: Personal Investments
Topic: How do I "short" banks/mortgages?
Replies: 16
Views: 856

Re: How do I "short" banks/mortgages?

There is a subreddit called WallStreetBets, I would pose this question there and you will find much better responses than on Bogelheads.

Not saying you won't get responses but I think the kind of answers you're looking for will be more abundant and there will be more "receptive" discussions there.
by khangaroo
Mon Jul 13, 2020 10:15 am
Forum: Personal Investments
Topic: HSA and portfolio help
Replies: 5
Views: 429

Re: HSA and portfolio help

Your AA is already at 100% stock so there is no reason to deviate from your risk tolerance. Put 100% in one of the Vanguard market index funds.

FWIW, I have mine 100% in vitsx above the $2k I'm required to hold in cash in the HSA.
by khangaroo
Wed Jun 17, 2020 5:24 pm
Forum: Personal Consumer Issues
Topic: Driveway resurface or rebuild
Replies: 16
Views: 1868

Re: Driveway resurface or rebuild

If cost isn't an issue and you're going to be there for another 20 years, I would rip it all out and redo it with concrete. I have to disagree with contractor 3. If you're rebuilding, you're going to have to excavate out the old subgrade and compact everything again. I mean you can just build on top...
by khangaroo
Fri Jun 12, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to agree on price with a hombuilder
Replies: 8
Views: 1078

Re: How to agree on price with a hombuilder

+1 on the plan and specs because it's going to be impossible for a contractor to give you an estimate of what you're going to get for a $200k house - there are wayyyy too many variables. I would ask the home builder to provide previous projects with their costs and what the house looks like. There a...
by khangaroo
Sat Jun 06, 2020 7:15 am
Forum: Personal Consumer Issues
Topic: can I shorten a pdf file?
Replies: 35
Views: 2067

Re: can I shorten a pdf file?

Check out Blue Beam Revu. I use it for work and it does everything you can ever ask of a PDF editor. Not sure if it’s free or not though since it’s pre installed on my work computer.
by khangaroo
Wed May 20, 2020 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: At 30, what are some key financial milestones I should have hit?
Replies: 51
Views: 4527

Re: At 30, what are some key financial milestones I should have hit?

FWIW here are the mile stones I set-out for myself when I was ~26 when I really started to take my personal finances more seriously. 1. Be debt free 2. $250k in net worth 3. 6 month emergency fund 4. Max Roth IRA every year 5. Max 401k every year My next big goal is to have a $500k in investments by...
by khangaroo
Wed May 20, 2020 2:42 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 85
Views: 4632

Re: Engagement Ring Help

One thing I'm really glad I did was actually talking to my fiancee about her ring. My first initial thought was to surprise her because I "knew" what she liked... man was I completely wrong. 1. She has no care about what it cost. I was going to go with the 3 month salary rule of thumb and thank god ...
by khangaroo
Tue Apr 21, 2020 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on buying a weekend car [UPDATE]
Replies: 90
Views: 4521

Re: Advice on buying a weekend car

I'm biased but I highly recommend getting a Honda S2000, AP1 or AP2. I made the recent college graduate mistake of buying a car and this is my dream car since I saw it in the original Fast & Furious. One of the best things about the car is the community. I've done several rides with the S2000 group ...
by khangaroo
Thu Apr 09, 2020 5:44 pm
Forum: Investing - Theory, News & General
Topic: What did you learn about investing or building wealth that would have helped you, if you knew about it earlier in life?
Replies: 45
Views: 3223

Re: What did you learn about investing or building wealth that would have helped you, if you knew about it earlier in li

Get out of debt as quickly as you can and stay out of debt. My financial life before I was debt-free and after is black and white. I don't agree with all of his teachings but Dave Ramsey will always have a special place in my heart. Don't invest in managed mutual funds, just put it in index funds. W...
by khangaroo
Wed Apr 01, 2020 6:41 pm
Forum: Personal Consumer Issues
Topic: What's worth paying more for?
Replies: 80
Views: 6642

Re: What's worth paying more for?

:arrow: These threads are useless cause the answer is that you should spent money on what you value and everyones values are different. The car guy gets value out of the porsche. The nonCar guy can get a toyota. And you can do that for pretty much everything. I largely agree with you. However, thes...
by khangaroo
Tue Mar 17, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance to buy?
Replies: 16
Views: 834

Re: How much term life insurance to buy?

I used the DIME method to figure out how much life insurance I needed. D = Debt – How much money your family will have to pay the creditors when you perish. I = Income – The rule of thumb is 10 X your income M = Mortgage – How much do you still owe on your home/properties before it’s paid off E = Ed...
by khangaroo
Mon Mar 16, 2020 3:03 pm
Forum: Personal Investments
Topic: Roth contribution
Replies: 8
Views: 401

Re: Roth contribution

I think it would be smart to put the whole $2,000 in now since the price is so low. About 9 months I put $30,000 into VTSAX and it was doing very well until recent. I was thinking about putting another $10,000 in today or tomorrow while the price is so low. Good or bad idea? Similar to OP's questio...
by khangaroo
Mon Mar 16, 2020 1:51 pm
Forum: Personal Investments
Topic: Roth contribution
Replies: 8
Views: 401

Re: Roth contribution

I just maxed my kid's $2,000 ESA for this year and invested the entire $2,000 today in VTSAX.

My suggestion is to invest the entire $2,000 now if you have it.
by khangaroo
Thu Mar 05, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a rental property even worth it?
Replies: 58
Views: 4402

Re: Is buying a rental property even worth it?

We're currently "house-hacking" (a buzzword for renting out a part of your house) where we live in the basement unit and our tenant (my fiance's coworker) lives in the top unit. We were EXTREMELY lucky to find this place because it has two separate entrances and the bottom unit was partly finished s...
by khangaroo
Sat Feb 29, 2020 3:15 pm
Forum: Investing - Theory, News & General
Topic: Where My 100% Equities Peeps At?!?
Replies: 211
Views: 21146

Where My 100% Equities Peeps At?!?

It's time to test our mettle!! I was in the market during 2008 but I was only a wee lad and my portfolio was minuscule but now seeing that I dropped $30k in a few days has been sobering. Regardless, I'm in for it the long haul baby so time to buckle down and ride this roller coaster! Posting to enco...
by khangaroo
Sat Feb 15, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: What's the best thing you've bought on Amazon for <$150?
Replies: 51
Views: 4786

Re: What's the best thing you've bought on Amazon for <$150?

Amazon Echo (or Dot) + Phillips Hue Light Bulbs

The value of laying in bed and not having to get up to turn off the lights is immeasurable.
by khangaroo
Fri Jan 31, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you that include your vehicle(s) in your net worth, how do you determine its value?
Replies: 66
Views: 2718

Re: For those of you that include your vehicle(s) in your net worth, how do you determine its value?

Do people not read the titles of these posts? "For those of you that include your vehicle(s) in your net worth" What's the point in chiming in and saying that you don't track your vehicles in your net worth because blah blah blah. The question wasn't intended for you so why give unsolicited opinions...
by khangaroo
Fri Jan 31, 2020 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you that include your vehicle(s) in your net worth, how do you determine its value?
Replies: 66
Views: 2718

Re: For those of you that include your vehicle(s) in your net worth, how do you determine its value?

I have all my accounts tied to Mint and there is an option in there where you can input your cars so I just go off of that value. I mean if my cars were more expensive then I might do an extra step but they've been around $20k. I track my net worth bi-weekly and this is the easiest way for me, updat...
by khangaroo
Tue Jan 28, 2020 12:12 pm
Forum: Personal Investments
Topic: What is the most aggressive Boglehead allocation for a Roth IRA?
Replies: 38
Views: 3759

Re: What is the most aggressive Boglehead allocation for a Roth IRA?

What are your reasons for the small cap indexes? I'm currently 83% in VTSAX and 17% VTIAX at 31. I previously had small and mid cap indexes but decided just to capture it all with the total market index fund. Overall, you're definitely aggressive and if you won't sell during a market crash then just...
by khangaroo
Fri Jan 17, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 44098

Re: Engineers - What are you making?

"Project Engineer" in construction management. Degree was construction engineering management although I passed the FE exam and considered an EIT in my state. However, I work for a general contractor and I don't stamp drawings so a PE is not necessary. Living in MCOL (Portland, OR). 7 Years out of c...
by khangaroo
Wed Nov 27, 2019 12:19 pm
Forum: Personal Consumer Issues
Topic: What Items Are You Targeting for Black Friday Sales?
Replies: 95
Views: 8252

Re: What Items Are You Targeting for Black Friday Sales?

1. Mini Fridge
2. Makita Reciprocating saw
3. Apple air pods
4. Makita jig saw
5. Misc. clothes
by khangaroo
Tue Nov 19, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Idea to Close Oldest Credit Card?
Replies: 34
Views: 3063

Re: Bad Idea to Close Oldest Credit Card?

FWIW I just closed my credit card that was 3 years old and it dropped my credit score by 18 points. I was at 802. My credit age is similar to yours.

I would say don't fret about it unless you plan on buying a home in the next few years.
by khangaroo
Thu Nov 14, 2019 11:36 am
Forum: Personal Investments
Topic: Emergency Fund - High Yield Savings Account?
Replies: 8
Views: 606

Re: Emergency Fund - High Yield Savings Account?

I use Ally bank and they've been fantastic so far. The user interface is easy to follow, their transaction speeds are quick, and the interest rate is comparable with competitors. My only grip is that the interest rate is constantly changing but it makes sense that they have to match with market cond...
by khangaroo
Wed Nov 13, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Online MBA - Worth It?
Replies: 30
Views: 2419

Re: Online MBA - Worth It?

As a recent MBA graduate from a general state school, I would highly recommend NOT pursuing an MBA if you're looking to enter a different industry. I did an in-person MBA but I couldn't imagine that effects would be different if it was online. I had my MBA partially paid for by my employer and staye...
by khangaroo
Fri Oct 25, 2019 1:41 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1538
Views: 203555

Re: Post your Financial Milestone Announcements Here

Maxed out my 401k for the year with today's paycheck!! I thought I changed it to max out at the end of the year since I was saving for a mortgage but I guess I did the math wrong... I looked at my paycheck and was blown away! Now I have 4 more big paychecks until it gets tiny again when 2020 starts ...
by khangaroo
Wed Aug 28, 2019 6:27 pm
Forum: Personal Consumer Issues
Topic: Used Sports Car
Replies: 50
Views: 3405

Re: Used Sports Car

Honda S2K, ALL THE WAY!! Love every minute in that car. I've been on the fence about selling it, she's a garage queen. Purchased in 2014 with 48k miles...fast-forward to 2019... and she has 58k miles. Clean title and 100% stock - quite the beauty. I'm biased, but the S2000 is the most fun you'll hav...
by khangaroo
Wed Apr 24, 2019 7:43 am
Forum: Personal Consumer Issues
Topic: Collison Damage Waiver for Car Rental in Italy
Replies: 17
Views: 1131

Re: Collison Damage Waiver for Car Rental in Italy

Different country but I just rented a car in Costa Rica and to be able to waive the car damage insurance you had to provide a letter from Chase stating that they’re going to cover it. It was in the fine print and I also read about it on Costa Rica travel blogs. It was quite easy to get the letter, j...
by khangaroo
Fri Apr 12, 2019 3:20 pm
Forum: Personal Investments
Topic: Savings by 30?
Replies: 45
Views: 6524

Re: Savings by 30?

I’m currently 30 and my financial goal was to be debt free and have a $250k net worth. I became debt free at 27 after going through Dave Ramsey’s plan and reached $250k shortly after my birthday in January. I would say you’re far ahead of the typical 30 year old. I also wonder how I’m doing against ...
by khangaroo
Thu Apr 11, 2019 4:34 pm
Forum: Personal Investments
Topic: Leave out the bond fund of the 3 fund portfolio??
Replies: 40
Views: 3947

Re: Leave out the bond fund of the 3 fund portfolio??

Jason Zweig's commentary on Benjamin Graham's The Intelligent Investor: "Why not 100% Stocks? Graham advises you never to have more than 75% of your total assets in stocks. But is putting all your money into the stock market inadvisable for everyone? For a tiny minority of investors, a 100% stock po...
by khangaroo
Wed Apr 10, 2019 12:26 pm
Forum: Personal Investments
Topic: Leave out the bond fund of the 3 fund portfolio??
Replies: 40
Views: 3947

Re: LEAVE OUT THE BOND FUND of the 3 fund portfolio??

I have exactly what you stated. A US total market index and international index, no bonds. I’m 30 years old so my investing timeline is quite long for when I would be needing that money. I also have an extremely high risk tolerance. It could drop 80% tomorrow and I wouldn’t care, it’s all unrealized...
by khangaroo
Mon Apr 08, 2019 5:17 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 140
Views: 10383

Re: fun car advice

I have an AP2 S2000. If you want a fun car, this will meet that criteria and then some. Nothing beats shifting in VTEC at 8k RPM. The community is also amazing and the Oregon group does summer drive trips (1 per month) which I’ve been a part since I bought it in 2014. I guess it also depends on what...
by khangaroo
Sun Apr 07, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: How Much Term Life Insurance?
Replies: 56
Views: 4396

Re: How Much Term Life Insurance?

I used the DIME method to figure out much term life insurance to buy. Debt = how much do we need to pay off all of our debts if one of dies Income = what income needs to be replaced. I used 10x salary of the higher person. In this case 10x your salary. Mortgage = what much is left on your mortgage? ...
by khangaroo
Sat Feb 23, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?
Replies: 46
Views: 4488

Re: $50,000 executive MBA at a state school or $5,000 MBA at a regional school?

I have an MBA from a state university here in the Pacific North West. As others have stated, if you're looking to get an MBA for the education portion of it and giving your mind what it deserves then I would forego it. You can learn everything from an MBA program in a few HBS articles, case studies,...
by khangaroo
Sat Feb 23, 2019 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Just bought Life Insurance, how did I do?
Replies: 6
Views: 547

Re: Just bought Life Insurance, how did I do?

I got my life insurance through Zander Insurance (broker recommended by Dave Ramsey). I ran your stats through the system (41/M) with the assumption that you're tobacco-free, fit in the top health category, and in Oregon (used my state since I don't know yours). The results are (cheapest 3): AIG = $...
by khangaroo
Tue Feb 05, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to payoff?
Replies: 22
Views: 1516

Re: Which debt to payoff?

My view of debt aligns with Dave Ramsey, however, I still use credit cards and have a small loan ($3.1k remaining @ 4.59% interest, 60 mth). If I were you, I would use the snowball method and pay off the $24k then pour that monthly payment into the $45k until that's paid off as well. Idk what your i...
by khangaroo
Sun Jan 13, 2019 10:08 am
Forum: Personal Investments
Topic: Biggest Investment Mistake
Replies: 248
Views: 25051

Re: Biggest Investment Mistake

- I had my parents open a custodial Roth IRA for me in 2005 because I wanted to invest. Didn’t know what I was doing and used the the fund screener to pick a mutual fund. Didn’t sell it sooner when it was doing terrible because it was my first ever investment and finally sold it in 2015 for $1000 le...
by khangaroo
Fri Nov 02, 2018 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Is an MBA worth it these days?
Replies: 55
Views: 7850

Re: Is an MBA worth it these days?

My experience is very similar to yours and I just recently completed my MBA as a part-time student (Portland State University) while working for a general contractor (Turner Construction) - still working for them as an MEP project engineer. The total cost was $50k which included EVERYTHING, I had a ...
by khangaroo
Fri Aug 17, 2018 4:30 pm
Forum: Personal Investments
Topic: Better Behavioural Finance Books?
Replies: 17
Views: 1723

Re: Better Behavioural Finance Books?

I might get some hate for this but Dave Ramsey's "The Total Money Makeover" completely changed my behavior and thinking about debt and personal finance.

As Dave likes to say, "Personal finance is 80% behavior and 20% head knowledge"
by khangaroo
Fri Aug 03, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 6465

Re: Comfort level with Credit Card Balance

There is a little confusion here because some of us don't know what you mean by "carry-over balance." Once each month, the credit card statement closes, and you have a statement balance, usually due within 2-3 weeks. If you pay that balance in full, anytime before it is due, you pay no interest. I ...
by khangaroo
Fri Aug 03, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Comfort level with Credit Card Balance
Replies: 86
Views: 6465

Comfort level with Credit Card Balance

Just wondering what's everyone's comfort level is with their credit card balance. I used to pay off my credit card balance every month but have been focusing on saving for a down payment for a duplex therefore my credit card isn't getting paid in full each month. I haven't had to pay CC interest for...
by khangaroo
Thu Jul 19, 2018 12:13 pm
Forum: Non-US Investing
Topic: Transferring $2M out of Vietnam to the US
Replies: 16
Views: 1934

Transferring $2M out of Vietnam to the US

Hi Bogleheads, I would like to ask for your help using your collective brainpower. My uncle had land in Vietnam that he just recently sold for $2M US Dollars. He is currently over there right now finalizing the transaction and has a green card here in the US. The issue is that the Vietnamese Governm...
by khangaroo
Mon Jul 16, 2018 1:22 pm
Forum: Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 3204

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

+1 on checking your company's 401k policy. Mine has it where the matching contribution isn't dependent on whether you're contributing this paycheck or not, you'll get your 5% match if you max out early and they'll true it up. Last year was the first time I was able to max my 401k and I would like to...
by khangaroo
Mon May 28, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 6033

Re: Splurging on the NBA finals

You have the ability to personally witness a generational talent that will be talked about for as long as there is the sport of basketball. Buy the best seats that you can afford and enjoy the experience of a life time. I'm all about watching sports on TV but the atmosphere of a live sporting event ...
by khangaroo
Thu Apr 26, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: Learning to drive a stick [car with manual transmission]
Replies: 126
Views: 10452

Re: Learning to drive stick

It helps to read up on how to drive stick and watch YouTube videos so that you understand how the clutch and manual transmission system works. I learned on a Honda S2000 that I bought from CarMax - drove it off the lot in first gear since I wasn't 100% comfortable with shifting and then my dad taugh...
by khangaroo
Thu Mar 01, 2018 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 20497

Re: How much cash do you keep at any time on checking?

$50 I allocate each two week paycheck as soon as I get it. Pay the bills with credit cards then pay CC with checking account funds from paycheck. Transfer remaining to retirement/college/investment accounts. Also have a $750 overdraft protection tied to the account if my math ever fails me but in th...
by khangaroo
Sat Feb 24, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I ask for a larger raise at yearly review?
Replies: 37
Views: 3557

Re: Should I ask for a larger raise at yearly review?

If you can substantiate the VALUE you've added to the company since your last promotion and your current accomplishments/trajectory, then why shouldn't you ask for an additional raise? Nobody cares about your career and life more than you. That's a fact. One of the best common sense career advice I'...
by khangaroo
Tue Feb 20, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: How would you proceed at age 29?
Replies: 17
Views: 2944

Re: How would you proceed at age 29?

Great job OP! +1 to all other replies. Some things I would consider: 1. Is it worthwhile to get a graduate degree? Perhaps an MBA if you're potentially looking into going the management route. Your company might even pay for the entire thing and it's always easier to do it before you get swamped wit...
by khangaroo
Sun Feb 11, 2018 4:50 pm
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 138
Views: 10193

Re: how did you determine your risk tolerance?

I based on my risk tolerance on when I expected to use the money. Since I'm 29, I don't anticipate on touching any of the $$ in my retirement accounts (where the majority of my money is) for at least 30+ years. I'm also a big risk-seeker and completely comfortable with risk, both in life and in the ...