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DJP1944

I have what my wife refers to as my 401S plan. I like all kinds of scotch, whiskey and bourbon and over the last couple years I will splurge on a bottle ($30-$60) once every couple months or when I see a good sale. The plan is to enjoy these spirits throughout retirement I'd estimate I have 24-30 b...

DJP1944

For those that haven't seen, here's a classic Peter Schiff speech at a mortgage banker's conference from 2006 (it's a long talk): https://www.youtube.com/watch?v=jj8rMwdQf6k At around the 10 minute mark he tells the mortgage bankers about the impending housing crisis. He may be a broken record for s...

DJP1944

Another vote for Sonos.

i have a system for the upstairs and for the finished basement. Super easy to configure and use and the quality is outstanding.

DJP1944

Haven't bond yields and mortgage rates moved in tandem for decades? With some things I admit that I am a slow learner (takes a while to click) so I may still be missing something. That said, I'm increasingly curious why it's not a more widespread recommendation to pay down/off any mortgage before b...

DJP1944

In the scenario you described, I would rather have the paid off home than mortgage amount in bonds. While this is subject to intense debate, I think it’s important to give the bond market at least some benefit of the doubt. It says that yields are low and indicates they are likely to remain there. ...

DJP1944

gogleheads.orb wrote: ↑Tue Jul 14, 2020 10:55 am 4. Refi to 2.8%

If we don't pay off the mortgage we will definitely be re-financing.

thx.

DJP1944

There are many many mortgage pay off threads and all have a unique twist it seems. I'd like input on my situation as this is something that is a tough decision. I have recently reviewed the following thread (https://www.bogleheads.org/forum/viewtopic.php?f=2&t=320046) and the following article (...

DJP1944

As for square footage (1,200 sq ft), we expect this to be sufficient for an eventual family of 4 and thus this will be our forever home. The small space will force us to make intentional purchases only (I am already attempting to do the minimalism type thing). Any additional square feet would have ...

DJP1944

I think Vanguard PAS would be a good fit for you. They will talk to you, devise an asset allocation, and give you a selection of funds to hold. They will put you in diversified, low cost, tax efficient, appropriate investments. They won't sell you anything you shouldn't buy and they won't make you ...

DJP1944

A fellow on CNBC (don't crucify me... it seemed to make sense) said~: When P/E's are at 15 then you are buying the future 15 years of earnings at today's price. If we have 3 quarters of 0 earnings that's 5% of the earnings wiped away. Assuming this is true, then it would appear to me that a 34% dro...

DJP1944

My opinion.. I just don't see anything meriting the climb from the bottom we have seen so far. I don't think we have a glimpse of the carnage to the economy as of now, and the down draft shock and awe is yet to be replaced by a steady grind down based on to be reported earnings going forward. What'...

DJP1944

Just chiming in to say that i wish i was as diligent as you as a 31 year old. I'm sure many wise forum contributors will give good advice, I'll just say well done and what you are doing may be able to be tweaked but it's still great.

Keep up the great work.

DJP1944

Statitically: better to lump sum it. I like statistics on my side. Vanguard looked into this: https://personal.vanguard.com/pdf/ISGDCA.pdf 100% equity: lump sum wins 67% of the time vs. 33% for DCA Saying all this, you lump sum it and market has downturn of 30% in next 2 months for whatever reason;...

DJP1944

Stocks from megacorps just vested. The net vested shares are now in my brokerage account as megacorps stock. I will sell these and purchase FSKAX per my IPS. Given all that, this is a tricky week to be doing this. Any thoughts on mitigating risk? One thought I guess is to sell immediately (tomorrow)...

DJP1944

I am considering using Vanguard's services and was pleased with my initial conversation with a personal advisor and the initial plan he sent me; however, now that I realize he is only 25 years old, I am concerned. Should I ask to work with someone with more experience? I don't want to hurt his feel...

DJP1944

Are you 65 or 35? There isn't enough context regarding your demographic and financial position for folks to provide anymore than generic responses that can be found by searching this site. Cheers I'm 45 and trying to leave personal details out as much as possible. That said, there is no other debt ...

DJP1944

Grt2bOutdoors wrote: ↑Thu Oct 03, 2019 8:07 am What is the rate on your mortgage? How long do you anticipate being in this new to you “home”?

3.8%, at least ten years.

DJP1944

We recently moved 1,000 miles. In the process, we bought a new house before selling our existing home. The existing home had no mortgage and the new home was purchased through a combination of a mortgage and a down payment made by extracting taxable investments. The existing home is now sold and I'm...

DJP1944

Quicken did seem a little high-pressure to me too. Didn't care for the attitude that I had to complete the application process to get a quote and fees. Not gonnadoit. I know this is an old thread but i just walked away from quicken because of their pressure tactics. I swear it felt just like a scen...

DJP1944

Delay departure to 1/1/20? Unfortunately (or fortunately) he took a position elsewhere and they need him ASAP. November was the earliest his current employer would let him leave. The expected loss of a bonus should have been negotiated with the new employer, typically as a sign-on bonus. In all sce...

DJP1944

These are all sound suggestions, but they’re also the same boilerplate pieces of advice we give anyone regardless of personal situation. I don’t see any of these bits of advice being able to overcome mistake after mistake financially except for having rich ancestors give you a multi-million dollar ...

DJP1944

Assuming your company is successful, my experience has always been that good employees thrive in these transactions. As someone else mentioned growth for sure trumps expense reduction. And,innovation can drive greater multiples. Without knowing anything about you or your company I think the best adv...

DJP1944

I can't comment on what you should do. I'll just say that knowing what I know now, I'd never buy that much house as a single 30 year old. From what I can see, there is zero upside to buying a $600K house in your situation. Actually, less than zero. Good luck and in all seriousness, congratulations o...

DJP1944

I work in a completely different field (law), but in my field employers typically like it when an employee leaves for a client. Yeah, the employer loses out on its employee, but it also deepens the symbiotic relationship it has with the client. So your company may prefer for you to stay, but the ne...

DJP1944

Disclaimer: I am not retired Looks like you would need a withdrawal rate of about 2.3% until SS age. You would probably need it to last 50 years. Personally, I'd consider it a "no brainer" if you decided to do some type of work to have even less of a withdrawal rate. Seems like the math ce...

DJP1944

The fact that you're even thinking (worrying) about it indicates you probably are fine to be honest. Something to consider is paying cash for cars/toys (even houses) has a great effect at increasing scrutiny to purchases. As your post suggested, you didn't want to write a check, but somehow financin...

DJP1944

Don’t work in something you hate, but also don’t get caught in the trap of seeking “fulfillment” at work. It’s a suckers game, and in the end work will always be work and it isn’t what will make you happy. Find external hobbies to achieve “fulfillment”. Work is what ensures you can afford them. Lar...

DJP1944

OP, Since you asked for thoughts, I'll offer mine. Lots of folks have given strong opinions regarding your spending...particularly groceries. Changing old habits can be very hard. Given your age, and some future factors that are likely I'd encourage you and your wife to get on board with how to hand...

DJP1944

Any jitters today...geez.

S&P down 94....3.3%

DJP1944

First, I agree that at your age, an MBA makes no sense. At 30 years of expenses, you can afford to look for more fulfilling work, but it may not pay as well initially. How about looking for a job as a bookkeeper or CFO for a small company? You don't need to focus on salary as much as work content, ...

DJP1944

Sidney wrote: ↑Wed Sep 26, 2018 7:26 am Just a guess - some stocks may not pay dividends on a quarterly schedule.

The most satisfying explanations are usually the simplest!

Thank you much, mystery solved.

DJP1944

This may be a dumb question, but I'll throw it out there anyway.... Listed below are the $/share dividends for VTIAX over the past two years. It seems that there is a seasonality to the dividends. The Sep dividend is usually around $.15/share while the Dec dividend is around $.25/share... Additional...

DJP1944

As the DJIA and S&P hit new intra-day highs again today, it feels timely to bump this thread again. I would imagine it's easy to have jitters when the market pulls back significantly, but does anyone else get jitters on this continued run up?

DJP1944

I couldn't think of a good title for this thread but for some reason a "starting over" theme seemed right. I am in the fortuitous position to have about 22 times annual spending in 401k, cash, and taxable. I'm 44 and have a bit of an unusual situation in that I have golden handcuffs on at...

DJP1944

I'm in the "pay it off" camp. Lots of great responses here so far and are all probably mathematically righteous. For me though, it transcends the math. It feels good not to owe anyone money. Also, it keeps life more simple. It may feel good, but doing what feels good may sometimes cause m...

DJP1944

I'm in the "pay it off" camp. Lots of great responses here so far and are all probably mathematically righteous.

For me though, it transcends the math. It feels good not to owe anyone money. Also, it keeps life more simple.

DJP1944

I think you have a lot of good advice in this thread. The one thing that I would add though (if it's not too late) is your opening attitude. My recommendation would be to have a posture with the new org like "I have a good thing going now (I'm not unhappy) and my company and I have a long trac...

DJP1944

Thanks to all for the comments so far. For the record, I have no intention of sinking significant assets into a new business. I certainly am contemplating if/how to ease into a new business over time and certainly only based on success or very high likelihood of success. While it's true that I haven...

DJP1944

I couldn't think of a good title for this thread but for some reason a "starting over" theme seemed right. I am in the fortuitous position to have about 22 times annual spending in 401k, cash, and taxable. I'm 44 and have a bit of an unusual situation in that I have golden handcuffs on at ...

DJP1944

I think you have a lot of good advice in this thread. The one thing that I would add though (if it's not too late) is your opening attitude. My recommendation would be to have a posture with the new org like "I have a good thing going now (I'm not unhappy) and my company and I have a long track...

DJP1944

Elsewhere on the forum there is an excellent aphorism. To paraphrase it: "if you know enough to select a financial advisor, you probably don't need an advisor". I created a new one: "If you know more than your advisor, do not hire the advisor". I ignored this and wasted $3K. Obv...

DJP1944

Congratulations for being in a position to have this wonderful choice. If done prudently it seems as if either approach (paying off or keeping) will work out well for you. I think there is a true sense of freedom that some feel when nothing is owed to anyone, anywhere. *edit: great username by the w...

DJP1944

Has he considered becoming a Data Scientist? Python and R are usable skills in this field. +1 Also SQL. +10 I do not think more university education is the answer...but perhaps coursera + some interview training would do the trick. There is enormous opportunity for anyone that knows the basics of S...

DJP1944

I know opinions on this will probably be all over the map. I'm looking to get a 17-19' boat, a combination of fishability and a decent ride for the family - tubing, jet skiing, etc. The majority of the time will be used in calm lake waters. Looking to spend around $10k, plus or minus. Brands I'm lo...

DJP1944

OP: "I think I deserve more money". Manager: "If you think you deserve more money, then reconsider your position here" Assuming the OP really thinks he deserves more money, there is only one correct answer to that question. OP: "Okay, I will." 100% agree. It appears th...

DJP1944

Hello BH, I'm an avid reader of the site but am looking for some advice and general guidance on transitioning from the military in a little less than three years. Background: Army officer with a BS in Finance from a large state school in the PAC-12. I'm planning on completing my initial commitment ...

DJP1944

Thanks all for the thoughts and perspectives. I did end up pulling the trigger on the new venture. I appreciate everyone’s time! Congrats. I've twice gone after the "opportunity" over the "safe route". One time it blew up and one time it worked out terrifically (better than hope...

DJP1944

I also meant to mention that I like to take notice of the coupon frequency of the CDs I purchase. If the yield is the same between several CD options, I will make my decision based on the CD with the best coupon frequency (monthly interest payments vs semi-annual vs annual). You are probably alread...

DJP1944

I also meant to mention that I like to take notice of the coupon frequency of the CDs I purchase. If the yield is the same between several CD options, I will make my decision based on the CD with the best coupon frequency (monthly interest payments vs semi-annual vs annual). You are probably alread...

DJP1944

A comparable two year ladder: 6 month 2.0 12 months 2.3 18 months 2.55 24 months 2.8 I recently purchased a three year ladder that is similar to the two year ladder above: 6 months 12 months 18 months 24 months 36 months When the 6 month CD matures I will purchase a 24 month CD, to fill in the gap ...

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