Search found 205 matches

by Agggm
Tue Jul 10, 2018 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 4786

Re: Target date funds....unsophisticated?

Target date funds, really? If someone posted they changed their AA every year, paid higher fees for investing than they needed to so someone else could manage their investments, invested in funds that unnecessarily manufactured taxable events every year, and set an AA that didn’t really match their...
by Agggm
Mon Jul 09, 2018 11:13 pm
Forum: Personal Consumer Issues
Topic: Whole Foods -- any drop in prices after Amazon takeover ?
Replies: 31
Views: 3894

Re: Whole Foods -- any drop in prices after Amazon takeover ?

lightheir wrote:
Mon Jul 09, 2018 9:29 pm
No overall price drop from what I'm seeing.

Wf still equals whole paycheck.
Lol... WF ain't that bad. Groceries are super cheap in the US.
by Agggm
Wed Jun 13, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 504
Views: 109196

Re: Anyone regret paying off mortgage early?

Being debt free is the best feeling ever! LynnC I paid off my mortgage at 34. I haven't carried debt since. And I disagree that being debt free is the best feeling ever. In fact, to me, it has been surprisingly anticlimactic. Do I regret it? No. But that's because dwelling on the past is useless. W...
by Agggm
Sun May 27, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 248
Views: 30745

Re: Why pay cash for a car?

Before i paid off my car the interest rate was 1%. My online savings account is earning 1.3%. I do really like being debt free though. But am i missing out on cheap money? The interest income is taxable and the car loan interest isn’t deductible so you are probably losing on the deal. Gill At a tot...
by Agggm
Sun May 27, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: Should REITs and BDCs be looked at more like bonds?
Replies: 20
Views: 1744

Re: Should REITs and BDCs be looked at more like bonds?

Most portfolios rely on bonds to provide safety and reduce volatility. REITs and BDCs provide neither. I think that they are sensitive to interest rates (as are bonds), but are higher-risk, possibly higher-reward investments. They perhaps share some characteristics of high-yield bonds, but may not ...
by Agggm
Wed May 09, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: Why International again?
Replies: 224
Views: 23332

Re: Why International again?

I understand it adds diversification--but as far as I can see, it primarily adds volatility to a portfolio. I just noticed this part re-reading your post. According to this Vanguard study, adding between 1% and 60% international decreases volatility: https://www.vanguard.com/pdf/ISGGEB.pdf +1
by Agggm
Thu Apr 26, 2018 1:08 am
Forum: Personal Finance (Not Investing)
Topic: Who benefits from "best and final offer" on condo?
Replies: 107
Views: 6790

Re: Who benefits from "best and final offer" on condo?

I am curious about the reasoning behind "best and final" offer requests when purchasing a home. We put an offer in for a condo at $1.25m, all cash, no contingencies. We were confident in the condo being an excellent fit. The asking price was $1.19m. After filtering out many offers, they got down to...
by Agggm
Wed Apr 18, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 62
Views: 9512

Re: Why am I even holding BND? It has only been losing me money.

stocknoob4111 wrote:
Wed Apr 18, 2018 8:58 pm
Agggm wrote:
Sat Apr 14, 2018 6:28 pm
I hold no bonds. No plans to ever hold them.
so what do you use for the fixed income part of your porfolio? Or are you 100% equities?
I don't have a fixed income part.
by Agggm
Tue Apr 17, 2018 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me with arguments for/against actively managed...
Replies: 34
Views: 2164

Re: Please help me with arguments for/against actively managed...

I am in a debate with a friend regarding performance of an actively managed portfolio that charges 1.2% fees per year vs. a three fund strategy at Vanguard. Please help me with the pros/cons of this argument. Thanks in advance. Love, RR If you want to invest with active managers, do it. If you want...
by Agggm
Mon Apr 16, 2018 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 18039

Re: Can I retire at age 40?

Bacchus01 wrote:
Mon Apr 16, 2018 7:24 am
No.

Find a different job, even if it pays less. Balance.
Exactly.
Not yet.
by Agggm
Sat Apr 14, 2018 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 62
Views: 9512

Re: Why am I even holding BND? It has only been losing me money.

So I've been indexing with maintenance of the following proportions: 60% VTI 30% VXUS 10% BND So 90% stock, 10% bond index portfolio. For last few years VTI and VXUS have been going fine, but BND is stagnating and even losing me money. Furthermore, bonds are in a bubble. So...any point even holding...
by Agggm
Thu Apr 12, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?
Replies: 93
Views: 18371

Re: How can I Invest 4 million dollars to earn 120k (inflation adjusted) a year for life?

cjcerny wrote:
Wed Apr 11, 2018 6:50 am
Sounds like you should be considering purchasing a simple fixed annuity with some or all of that $4 million.
No.
by Agggm
Thu Apr 12, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Results after investing my Emergency Fund for 3yrs
Replies: 20
Views: 3730

Re: Results after investing my Emergency Fund for 3yrs

Having an emergency fund, when stock mutual funds are so liquid, was one of the worst decisons i have made, and so i have gotten out of it. I cant believe i tied up that money for so long in a money market fund. Stock funds may be liquid, but that doesn’t mean they won’t drop in value at the same t...
by Agggm
Sun Apr 01, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Results after investing my Emergency Fund for 3yrs
Replies: 20
Views: 3730

Re: Results after investing my Emergency Fund for 3yrs

Having an emergency fund, when stock mutual funds are so liquid, was one of the worst decisons i have made, and so i have gotten out of it. I cant believe i tied up that money for so long in a money market fund. Stock funds may be liquid, but that doesn’t mean they won’t drop in value at the same t...
by Agggm
Tue Mar 27, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard sends out erroneous "not enough money in settlement fund" notice]
Replies: 94
Views: 7089

Re: Concerns with Vanguard

As far as security concerns go, I've worked at financial instituions my whole life and the major ones all have similar strengths and concerns. There is a case for diversifying to reduce the risk of losing everything to one hacker- but a counter argument that it's in effect multiplying the number of...
by Agggm
Mon Mar 26, 2018 10:48 pm
Forum: Investing - Theory, News & General
Topic: Rationale for a 30% ex-US equity allocation
Replies: 30
Views: 3656

Re: Rationale for a 30% ex-US equity allocation

I really don’t understand the aversion to true global market cap weighting on this forum. The US only represents a quarter of global GDP, and therefore we’re already over-represented in market cap indexes at 50%. If nothing else, at least consider that international has lagged US for years now; kee...
by Agggm
Mon Mar 26, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 13135

Re: Seasoned bogleheads repressing the thought of lower expected returns

Are seasoned bogleheads on this forum repressing the prospect of hardly positive real returns for the next decade, because its painful to acknowledge? premiumbananas, Please explain how is that relevant to the portfolio return of any individual? A) A reasonable person will be 70/30 to 30/70. It is ...
by Agggm
Sun Mar 25, 2018 10:02 pm
Forum: Investing - Theory, News & General
Topic: Invests money, 3 days later the market tanks.
Replies: 58
Views: 7752

Re: Invests money, 3 days later the market tanks.

I invested $6500 on 3-20-18. Then the next day Jerome Powell raises interest rates. The stock market tanks on 3-23-18 and I lose $3,500. If I had known the exact date the FEDS were going to raise interest rates I would not have invested. I read and stay abreast of financial news and I did not see t...
by Agggm
Thu Mar 22, 2018 7:38 am
Forum: Personal Consumer Issues
Topic: New vs Used Camry vs Accord
Replies: 64
Views: 4396

Re: New vs Used Camry vs Accord

I've narrowed my car search to Toyota Camry and Honda Accord, but I'm really struggling with (1) new versus used and (2) choosing between the two makes. How would you analyze these decisions? Many people consider these to be equivalent in quality. Based on anecdotal evidence from mechanics I've hea...
by Agggm
Thu Mar 22, 2018 7:17 am
Forum: Investing - Theory, News & General
Topic: Are we missing recession /bear market beginning
Replies: 174
Views: 18872

Re: Are we missing recession /bear market beginning

Jimsad wrote:
Thu Mar 22, 2018 5:23 am
It seems to me that on most days recently , the stock market is down on some excuse or other . It used to be the other way round till recently .
Is this because a bear market / recession has already started ?
Any changes to my portfolio I should be making?
Stay on course.
by Agggm
Wed Mar 21, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months
Replies: 35
Views: 2652

Re: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months

Deciding between these 3 payment options to buy new car: 1) Pay full amount - get $750 discount 2) 0% 36 months - no discount 3) 0.9% 60 months - no discount Assuming I can afford either option, which do you think is best? I believe the answer lies in what interest rate I can get for the money I am...
by Agggm
Wed Mar 21, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Can I Retire at 38?
Replies: 118
Views: 13468

Re: Can I Retire at 38?

Good afternoon, Me and my wife are 38 years old. We have a net worth of 2.7 million comprised of real estate and retirement accounts. We live in Southern California and have two small children. Currently, we work for CA state government and have a combined annual salary of 215,000 a year. We got th...
by Agggm
Wed Mar 21, 2018 6:48 pm
Forum: Investing - Theory, News & General
Topic: Maybe Ramsey is right
Replies: 43
Views: 9877

Re: Maybe Ramsey is right

I am a fan of Dave Ramsey with his debt free advice. But for investments I think he believes his ELP financial advisors can do better with there front load fees. Than again they pay his company fees for advertisements. He's dealing with financial numbnuts though. Investing with an adviser is better...
by Agggm
Wed Mar 21, 2018 6:45 pm
Forum: Investing - Theory, News & General
Topic: [Federal Reserve hikes interest rate]
Replies: 34
Views: 4356

Re: Fed raises the fed rate, markets do not look efficient

I know why bond funds go down when the Fed raises rates (or other long term rates go up), but I find it odd that on the day the Fed raises rates by 25 basis points BND goes down .25%. If the markets are efficient then these rate increases should already be priced into the fund price. Everyone knows...
by Agggm
Wed Mar 21, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Intelligent Advisory
Replies: 23
Views: 2865

Re: Schwab Intelligent Advisory

I have been reading about this for some time and am intrigued. I have most of my accounts at Schwab and am invested 90% stock / 10% bond via a 3 fund portfolio. I have 529s setup for my kids and emergency fund at a high yield online savings bank. Does Schwab Intelligent Advisory add any value or sh...
by Agggm
Sun Mar 11, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: How banks create money, not from deposits
Replies: 132
Views: 11977

Re: How banks create money, not from deposits

Hi All, I found the article linked below where the author explained how money is created by commercial banks. It seems there has been a misconception for many years as to the process: “While many people may think that banks take in savers’ money and then lend it out, this is a misconception. So too...
by Agggm
Mon Mar 05, 2018 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 5490

Re: Thoughts on Credit Cards?? [Credit card vs. debit card]

Imo self awareness and self control beats popular behavioral study results (which are often misquoted and misunderstood anyway). I automated optimal credit card/debit card use for everything. While of course nobody here except maybe me has such weakness (just don't want to argue about it), I'd poin...
by Agggm
Wed Feb 28, 2018 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15876

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

Between 25k and 30k. (It doubles as my savings account because the annual rate is over 2.5%.) At the end of the month, everything over 30k gets invested into vanguard stock index funds. Agggm: do you mind sharing the bank that pays 2.5% in checking account? Is it a reward checking with lots of requ...
by Agggm
Wed Feb 28, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Safety or stocks for house down payment fund?
Replies: 15
Views: 1101

Re: Safety or stocks for house down payment fund?

Hi everyone- My daughter inherited 15,000 that she is going to save for a down payment on a house. Her husband is in the military so they won’t settle down for another 7 years. She would like something safe but her husband wants all an all equity investment. He is new to investing and has only expe...
by Agggm
Wed Feb 28, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: New vehicle research
Replies: 48
Views: 3817

Re: New vehicle research

My wife is really wanting to get a new vehicle. She doesn't like our 2010 Corolla with ~150k on it. She has narrowed her choices down to: 2018 Buick Encore 2018 Toyota RAV-4 2018 Toyota Camry While it would technically become my daily driver, I am only an advisor. I like the Corolla. :D Her primary...
by Agggm
Wed Feb 28, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5390

Re: What age is too old to stop hostelling?

Anyone in their 30s, 40s, 50s, 60s and above still do hostelling instead of staying in hotels? Can you request to be paired with other adults? I think I would have a more pleasant experience if I weren't put in a room with drunk teenagers :D Any tips in this regard? I'm trying to plan out a trip, a...
by Agggm
Wed Feb 28, 2018 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Best strategy to invest $100K windfall now
Replies: 8
Views: 1432

Re: Best strategy to invest $100K windfall now

Hello everyone. So I have been very lucky to receive an inheritance of approx. $100k and I wanted to know your insights as my best strategy to invest it. Here is a quick overview of my present situation. - I have $40k in a roth IRA with Vanguard (divided between total stock index, total int stock i...
by Agggm
Wed Feb 28, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15876

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

Hello community, As the thread title states, how much cash to keep from month to month? Our checking account balance is always 3,500-5,500. My wife really freaks out if it falls below 3,500 and got me thinking I wonder how this compares to other people’s practice. Some info to add context: Age: 21-...
by Agggm
Wed Feb 28, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Credit Cards?? [Credit card vs. debit card]
Replies: 108
Views: 5490

Re: Thoughts on Credit Cards?? [Credit card vs. debit card]

I currently have a travel credit card with Capital One. I pay off the balance each month but feel like I sometimes overspend, which is causing me to miss some savings goals. I’ve read where Dave Ramsey, Mark Cubin, and others talk about avoiding credit cards, period. What are your thoughts on using...
by Agggm
Wed Feb 28, 2018 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Max 401k or contribute to ESPP
Replies: 40
Views: 2175

Re: Max 401k or contribute to ESPP

Here is a question for you... I currently contribute 10% of my salary to my 401k which is about $10,500 annually. My company offers ESPP at 15% discount at end of day price. I am able to sell immediately. The issue is this, I can't afford to max out my 401k plus the additional 10% max for the ESPP....
by Agggm
Mon Feb 26, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: Why I left Wealthfront
Replies: 31
Views: 8696

Re: Why I left Wealthfront

Last week, we made the difficult decision to pull all of our money out of Wealthfront and transfer it to Vanguard (after being Wealthfront customers since 2013). Part of it was nasrullah's post about the stock-level lock-in . Part of it was the sudden introduction of Risk Parity (and an 8 bps incre...
by Agggm
Sun Feb 18, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 7929

Re: Sell me on the benefits of an emergency fund

I'm struggling to see why I should bother with a cash equivalent emergency fund. What risks would I be hedging against? I have a year plus of living expenses in after tax investments that I could access if the need was truly dire. What are the advantages of taking part of that out of the market? It...
by Agggm
Sat Feb 17, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 14831

Re: What big item (>20k) are you saving up for?

A lot of Bogleheads have considerable taxable accounts. If you are saving up to buy a large purchase (in excess of say $20,000), what might that item be? Around my neighborhood I see a lot of folks have boats and recreational vehicles. I suspect most are paying monthly on them though. At my megacor...
by Agggm
Tue Feb 13, 2018 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 10420

Re: Job is starting to suck the life out of me.

Am I just naive at 31? I try to take initiative to help out the department and they could all care less and I'm not even looking for a pat on the back. Just their demeanor speaks volumes. Including the head tech and the supervisor. Makes me just want to do enough while on shift just to get by under...
by Agggm
Tue Feb 13, 2018 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Bond Fund vs. Stable Value
Replies: 34
Views: 3921

Re: Bond Fund vs. Stable Value

I would appreciate any opinions on whether I should use a bond index fund or a stable value fund in my 401k as part of my 3-fund portfolio. My choices are: Morley Stable Value or Fidelity U.S. Bond Index (FSXTS). Thanks in advance! Use both. Make it a 4 fund portfolio. If your stable value (SV) fun...
by Agggm
Tue Feb 13, 2018 10:49 am
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 36023

Re: What if you only live off dividends?

Many people worry whether a 4% SWR will work in the future. Complicated attempts have been made to calculate a new SWR. Mainstream strategies use a total return approach and will liquidate a share of principal each year to meet the SWR payment. The assumption is that the assets will grow back. What...
by Agggm
Tue Feb 13, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: What is your passive investment sources?
Replies: 7
Views: 1408

Re: What is your passive investment sources?

I am young 23 guy, who wants to start investing small amounts. I have some money invested but I would like to get it to another level, what is your advice? I do not have a lot of investing knowledge so I am using p2p lending platforms as well invested some in Cryptocurrencies, but that's it. I woul...
by Agggm
Tue Feb 13, 2018 7:02 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 13070

Re: Did you learn anything from the market correction?

Our first market correction (10% decline from peak) after an 8 year bull run For many recent / young investors, the first real "test" of your AA. 80/20 is a lot of fun when the market is going up every day but not as fun during the last few weeks. What did you learn from this? Confirmed you are in ...
by Agggm
Mon Feb 12, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Buy or Rent under new Tax Law
Replies: 20
Views: 2128

Re: Buy or Rent under new Tax Law

All, We are planning to buy a house somewhere in NJ close to NYC. Is it a good time to buy a house under the new tax law? Or Should we continue to Rent?Our maximum budget for the house is 750K - 800K. Please advise Here is our situation Combined Income :Around 250K Tax Filing: MFJ Location:NJ Depen...
by Agggm
Mon Feb 12, 2018 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 18973

Re: Number at which to stop worrying

This is different from other threads which talk about the number for early retirement. I want to continue working for the foreseeable future, but keep thinking at what level of NW could I relax a bit and not worry too much. Family of four in a MCOL area and single earner. Kids yet to go to college....
by Agggm
Mon Feb 12, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 8417

Re: I’m not renewing my Costco membership.

Costco membership and the Bogleheads community have quite a lot of Venn diagram overlap. I’ve been a Costco stockholder for almost 20 years and I’m a big fan of their business model, their customer-focused return policy, and the way they treat their employees. Having said that, I’m not going to ren...
by Agggm
Sun Feb 11, 2018 11:51 pm
Forum: Investing - Theory, News & General
Topic: how did you determine your risk tolerance?
Replies: 138
Views: 8547

Re: how did you determine your risk tolerance?

the past couple months i've spent a lot more time browsing BHs and reading threads, etc., because i realized that holy crap, the market went up 20% in 2017!! i better re-evalulate my risk tolerance. at the end of 2017, i was at a 75/25 asset allocation (i'm 33). at the time i thought maybe this was...
by Agggm
Sun Feb 11, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 8104

Re: Does it ever make sense to buy a new car?

Bogleheads, I’m approaching the end of my Camry lease in July. After making some moronic decisions with my past 2 car purchases I want to make the best possible decision this time. I recognize that a car is not an investment as it just depreciates but I want to be conscious of the total cost of own...
by Agggm
Sat Feb 10, 2018 8:53 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 8053

Re: Day trading for a living/career?

Hello fellow Bogleheads, Now I realize “day trading” is probably a swear word in Bogle land so, let me start by saying I am a long-term, buy and hold investor that has adopted the boglehead philosophy on this site. My DW and my investments are primarily all low-cost Vanguard index mutual funds in a...
by Agggm
Fri Feb 09, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Savings rate questions
Replies: 12
Views: 1112

Re: Savings rate questions

The question isn’t really what your savings rate is (or rates are), but whether you are saving enough to meet your long-term financial goals. Even with an apparently high rate, if you want to retire very early and send three kids through college then you still may not be saving enough. On the other...