Search found 77 matches

by DJP1944
Wed Dec 09, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone "save" anything other than money for retirement?
Replies: 47
Views: 5297

Re: Anyone "save" anything other than money for retirement?

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...
by DJP1944
Fri Jul 17, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody watch new joe Rogan episode with Peter Schiff?
Replies: 51
Views: 6965

Re: Anybody watch new joe Rogan episode with Peter Schiff?

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...
by DJP1944
Wed Jul 15, 2020 1:09 pm
Forum: Personal Consumer Issues
Topic: Speakers for basement
Replies: 43
Views: 3085

Re: Speakers for basement

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.
by DJP1944
Tue Jul 14, 2020 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Another Mortgage Pay Off Question (Bond vs Mortgage)
Replies: 10
Views: 508

Re: Another Mortgage Pay Off Question (Bond vs Mortgage)

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...
by DJP1944
Tue Jul 14, 2020 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Another Mortgage Pay Off Question (Bond vs Mortgage)
Replies: 10
Views: 508

Re: Another Mortgage Pay Off Question (Bond vs Mortgage)

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. ...
by DJP1944
Tue Jul 14, 2020 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Another Mortgage Pay Off Question (Bond vs Mortgage)
Replies: 10
Views: 508

Re: Another Mortgage Pay Off Question (Bond vs Mortgage)

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.
by DJP1944
Tue Jul 14, 2020 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Another Mortgage Pay Off Question (Bond vs Mortgage)
Replies: 10
Views: 508

Another Mortgage Pay Off Question (Bond vs Mortgage)

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 (...
by DJP1944
Wed Apr 22, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6398

Re: Are we spending too much on a house? 28yo & 24yo

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 ...
by DJP1944
Thu Apr 09, 2020 9:34 am
Forum: Personal Investments
Topic: Managed or not
Replies: 7
Views: 430

Re: Managed or not

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 ...
by DJP1944
Wed Apr 08, 2020 3:27 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 33305

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

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...
by DJP1944
Wed Apr 08, 2020 3:09 pm
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 33305

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

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'...
by DJP1944
Mon Apr 06, 2020 9:59 am
Forum: Personal Investments
Topic: Portfolio review-beginner
Replies: 41
Views: 3362

Re: Portfolio review-beginner

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.
by DJP1944
Tue Mar 03, 2020 10:14 am
Forum: Personal Investments
Topic: Another Timing Question
Replies: 3
Views: 331

Re: Another Timing Question

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;...
by DJP1944
Mon Mar 02, 2020 9:13 pm
Forum: Personal Investments
Topic: Another Timing Question
Replies: 3
Views: 331

Another Timing Question

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)...
by DJP1944
Fri Feb 21, 2020 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Using Vanguard’s advisors
Replies: 81
Views: 16169

Re: Using Vanguard’s advisors

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...
by DJP1944
Thu Oct 03, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Another mortgage question
Replies: 5
Views: 430

Re: Another mortgage question

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 ...
by DJP1944
Thu Oct 03, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Another mortgage question
Replies: 5
Views: 430

Re: Another mortgage question

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.
by DJP1944
Thu Oct 03, 2019 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Another mortgage question
Replies: 5
Views: 430

Another mortgage question

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...
by DJP1944
Fri Aug 02, 2019 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone taken out an online mortgage?
Replies: 55
Views: 8365

Re: Has anyone taken out an online mortgage?

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...
by DJP1944
Tue Jul 30, 2019 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 158
Views: 12835

Re: Ethics of "bonus payback" when quitting a job

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...
by DJP1944
Mon Jul 22, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: What two or three financial things to do to wind up wealthy regardless if you make numerous other financial mistakes?
Replies: 85
Views: 10113

Re: What two or three financial things to do to wind up wealthy regardless if you make numerous other financial mistakes

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 ...
by DJP1944
Sun Jul 14, 2019 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Recent layoffs and now focus on corporate valuation - are owners looking to sell?
Replies: 29
Views: 2905

Re: Recent layoffs and now focus on corporate valuation - are owners looking to sell?

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...
by DJP1944
Wed Jun 05, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Yet Another Housing Thread (Gut Check)
Replies: 28
Views: 2327

Re: Yet Another Housing Thread (Gut Check)

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...
by DJP1944
Fri May 31, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Leaving Employer to Work for Current Client?
Replies: 33
Views: 3483

Re: Leaving Employer to Work for Current Client?

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...
by DJP1944
Fri Mar 15, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Another Can I Retire Question
Replies: 30
Views: 3509

Re: Another Can I Retire Question

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...
by DJP1944
Mon Feb 18, 2019 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Trouble stomaching car
Replies: 52
Views: 5272

Re: Trouble stomaching car

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...
by DJP1944
Tue Nov 13, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Enjoying Your Work
Replies: 27
Views: 3813

Re: Enjoying Your Work

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...
by DJP1944
Wed Oct 31, 2018 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 176
Views: 17499

Re: Am I doing well financially?

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...
by DJP1944
Wed Oct 10, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 443
Views: 432943

Re: A time to EVALUATE your jitters

Any jitters today...geez.

S&P down 94....3.3%
by DJP1944
Wed Sep 26, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: career change
Replies: 7
Views: 1230

Re: career change

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, ...
by DJP1944
Wed Sep 26, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Dividend "Seasonality" (VTIAX)
Replies: 6
Views: 1255

Re: Dividend "Seasonality" (VTIAX)

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.
by DJP1944
Wed Sep 26, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: Dividend "Seasonality" (VTIAX)
Replies: 6
Views: 1255

Dividend "Seasonality" (VTIAX)

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...
by DJP1944
Thu Sep 20, 2018 9:31 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 443
Views: 432943

Re: A time to EVALUATE your jitters

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?
by DJP1944
Fri Sep 14, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Two and a Half Years to Start Over
Replies: 11
Views: 2241

Re: Two and a Half Years to Start Over

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...
by DJP1944
Tue Sep 11, 2018 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2928

Re: Mr.No - another should I pay off my mortgage, post

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...
by DJP1944
Tue Sep 11, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2928

Re: Mr.No - another should I pay off my mortgage, post

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.
by DJP1944
Tue Sep 11, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: First time Salary Negotiations
Replies: 25
Views: 3001

Re: First time Salary Negotiations

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...
by DJP1944
Tue Sep 11, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Two and a Half Years to Start Over
Replies: 11
Views: 2241

Re: Two and a Half Years to Start Over

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...
by DJP1944
Tue Sep 11, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Two and a Half Years to Start Over
Replies: 11
Views: 2241

Two and a Half Years to Start Over

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 ...
by DJP1944
Tue Sep 11, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: First time Salary Negotiations
Replies: 25
Views: 3001

Re: First time Salary Negotiations

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...
by DJP1944
Wed Aug 29, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Well, that was an expensive lesson (FA related)
Replies: 19
Views: 3176

Re: Well, that was an expensive lesson (FA related)

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...
by DJP1944
Sat Aug 25, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff?
Replies: 27
Views: 3284

Re: Mortgage Payoff?

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...
by DJP1944
Sat Aug 18, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 111
Views: 11912

Re: physics/math major looking for programmer/analyst job?

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...
by DJP1944
Fri Aug 17, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing Boats to Autos
Replies: 24
Views: 1671

Re: Comparing Boats to Autos

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...
by DJP1944
Fri Aug 10, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 8399

Re: Rude response from boss re: market adjustment

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...
by DJP1944
Wed Aug 08, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Career Transition after Military
Replies: 13
Views: 1520

Re: Career Transition after Military

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 ...
by DJP1944
Mon Aug 06, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Professional Crossroads - need advice
Replies: 12
Views: 2066

Re: Professional Crossroads - need advice

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...
by DJP1944
Mon Aug 06, 2018 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 3066

Re: Another CD Ladder Thread

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...
by DJP1944
Sun Aug 05, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 3066

Re: Another CD Ladder Thread

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...
by DJP1944
Sun Aug 05, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 3066

Re: Another CD Ladder Thread

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 ...