Search found 122 matches

by Jon H
Thu Oct 03, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: After temporarily unfreezing your credit report, how fast did you apply for a card......
Replies: 14
Views: 1444

Re: After temporarily unfreezing your credit report, how fast did you apply for a card......

I unfreeze after the application gets bounced. That way I only have to unfreeze the one(s) that are being utilized. I have done this 3x thus far this year and no issues with the CC issuers.
by Jon H
Mon Sep 23, 2019 5:40 pm
Forum: Personal Investments
Topic: Should I prefer TIAA Traditional to VBTLX
Replies: 22
Views: 1654

Re: Should I prefer TIAA Traditional to VBTLX

How does TIAA traditional never lose money?
by Jon H
Mon Sep 16, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Travel Insurance
Replies: 3
Views: 476

Re: Travel Insurance

I do. Lately, World nomads is what I’ve used. Lost my phone and got $500 for it. Made it worthwhile for me. I’ve also used Allianz and AIG. CSR doesn’t really cover much medically. Plenty of other insurance companies to choose from. Compare here: TravelInsurance.com InsureMyTrip.com Quotewright.com ...
by Jon H
Tue Jul 02, 2019 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Pursued the wrong career?
Replies: 37
Views: 6988

Re: Pursued the wrong career?

I gave up research (less successful than you) at 39.

Completed residency/fellowship at 44.

Took an all clinical job with people I like.

Going to retire at 60 1/4. 2000 days from today. Probably not quite FatFIRE.

I have chosen happiness over career advancement/prestige at this point.
by Jon H
Fri May 03, 2019 12:16 am
Forum: US Chapters
Topic: Master Thread for Philadelphia PA Area Bogleheads Chapter
Replies: 185
Views: 60970

Re: Master Thread for Philadelphia PA Area Bogleheads Chapter

Jeff (the educator) who attended the last meeting, could you message me? I have a few questions for you.
by Jon H
Tue Apr 16, 2019 7:54 pm
Forum: Investing - Theory, News & General
Topic: FIRE Decumulation Strategy Books/Podcasts/Info
Replies: 5
Views: 966

Re: FIRE Decumulation Strategy Books/Podcasts/Info

Go curry cracker has a blog post about retrieving tax deferred assets tax free. He has been doing this for about 5 years.

https://www.gocurrycracker.com/never-pay-taxes-again/
by Jon H
Fri Apr 05, 2019 8:31 pm
Forum: Personal Investments
Topic: Advice for son begining to invest
Replies: 33
Views: 1785

Re: Advice for son begining to invest

livesoft wrote:
Thu Apr 04, 2019 1:44 pm
William Bernstein has the "If You Can" booklet as a good first read. It should be easily found by anybody with an internet connection who wants to start investing.
This and the bogleheads wiki launched my financial education a few years ago.
by Jon H
Wed Apr 03, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 5192

Re: What is Financial Independence (FI) in the simplest terms?

All of the above. Whichever works for you.

I found this one recently in a podcast,
“FI = work optional.” I forget who repackaged it, but I like it.
by Jon H
Fri Mar 29, 2019 9:42 pm
Forum: Personal Investments
Topic: Where to go from here
Replies: 18
Views: 1824

Re: Where to go from here

Don’t do this Explain It was right in the article you linked. Just make one extra principal payment a year and keep it simple. Some lenders are sneaky and package biweekly mortgage plans with the extra two payments applied to principal at the end of the year, and not when the payments are immediate...
by Jon H
Fri Mar 29, 2019 9:27 pm
Forum: Personal Investments
Topic: Where to go from here
Replies: 18
Views: 1824

Re: Where to go from here

If you can split your mortgage in 1/2 and pay biweekly, you can save about $43k from mortgage and pay the same amount monthly. This will shorten your term by about 4.5 years. Some mortgages don’t allow early repayment. Check and see for yourself. https://www.calculator.net/mortgage-payoff-calculato...
by Jon H
Fri Mar 29, 2019 8:35 pm
Forum: Personal Investments
Topic: Where to go from here
Replies: 18
Views: 1824

Re: Where to go from here

If you can split your mortgage in 1/2 and pay biweekly, you can save about $43k from mortgage and pay the same amount monthly. This will shorten your term by about 4.5 years. Some mortgages don’t allow early repayment. Check and see for yourself. https://www.calculator.net/mortgage-payoff-calculato...
by Jon H
Fri Mar 29, 2019 8:29 pm
Forum: Personal Investments
Topic: Where to go from here
Replies: 18
Views: 1824

Re: Where to go from here

If you can split your mortgage in 1/2 and pay biweekly, you can save about $43k from mortgage and pay the same amount monthly. This will shorten your term by about 4.5 years. Some mortgages don’t allow early repayment. Check and see for yourself. https://www.calculator.net/mortgage-payoff-calculator...
by Jon H
Fri Mar 22, 2019 11:16 am
Forum: Personal Investments
Topic: Pre-Retirement Checklist
Replies: 13
Views: 1362

Re: Pre-Retirement Checklist

It has been said before:

Starting a year or so before retirement, get expensive dental work and/or medical procedures done while you have work insurance.

Similarly, get a health check up and follow through with instructions

Pay for any big ticket items related to home or car before retiring
by Jon H
Sat Mar 16, 2019 8:29 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 814
Views: 95381

Re: That's enough for me in 2019

I don’t know or understand why so many people care about someone else’s money.

You do what you do, they do what they do.

Nobody knows what is going to happen, but the OP feels comfortable with the approach taken. Seems fine to me if that’s what they need to do.

Agree to disagree and move on.
by Jon H
Wed Mar 13, 2019 11:30 am
Forum: Personal Investments
Topic: Asset allocation for early retirement vs late retirement
Replies: 4
Views: 732

Re: Asset allocation for early retirement vs late retirement

I’m about 5 years away from retirement and am about 50:50. Once retired, I plan to adjust gradually to 60:40 as the previous posters have done.
by Jon H
Wed Mar 13, 2019 11:25 am
Forum: Personal Investments
Topic: Finding the risk tolerance for AA
Replies: 18
Views: 1048

Re: Finding the risk tolerance for AA

Assuming a stock:FI allocation of 50:50 for example, are you comfortable with market volatility resulting in a reduction in your stock portion by 20%? 30%? What about 40% or more? It helped me to think of it in terms of absolute $ reduction. So that would be $300k, $450k, or $600+k respectively. Wha...
by Jon H
Wed Feb 27, 2019 7:04 pm
Forum: Personal Investments
Topic: Please review/critique my plan
Replies: 1
Views: 278

Please review/critique my plan

Hi everyone! Thanks for all of the education and illuminating discussion provided by the membership. It has taken me about a two years to gain a better understanding of my portfolio and develop an investing policy statement and plans. Our portfolio differs from more conventional ones due to allowabl...
by Jon H
Sun Nov 11, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Kids Inheritance - Lump Sum or SWR?
Replies: 13
Views: 1355

Re: Kids Inheritance - Lump Sum or SWR?

Two questions:

1. What are you doing to cover state estate taxes, if any?

2. What do you think about a “see through” conduit trust for tax deferred accounts with spendthrift clause?
by Jon H
Sat Nov 10, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Help! How do I get rid of an old excess contribution in my 403(b)/401(k)?
Replies: 9
Views: 623

Re: Help! How do I get rid of an old excess contribution in my 403(b)/401(k)?

Sorry I misunderstood.

Try searching irs.gov for “Guide - Elective deferrals weren't limited to the amounts under IRC Section 402(g) for the calendar year and excesses weren't distributed”
by Jon H
Thu Nov 08, 2018 8:32 pm
Forum: Personal Investments
Topic: A few asset allocation questions
Replies: 10
Views: 1098

Re: A few asset allocation questions

You’re going to get a variety of answers. Your situation is unique so you will need to adjust your level of risk so you can sleep (whether that means decreasing or increasing your risk) Here is what finally worked for me: Worst case scenario in recent memory is about 50% market loss. So, I figure I ...
by Jon H
Mon Sep 03, 2018 4:59 pm
Forum: Personal Investments
Topic: What to do with extra cash flow each month?
Replies: 18
Views: 1298

Re: What to do with extra cash flow each month?

I didn’t see anything about HSA. Have you looked at that? It’s basically tax free investing with a cap.
by Jon H
Thu Aug 23, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Used/New car - Help decide please
Replies: 46
Views: 2422

Re: Used/New car - Help decide please

If you’re willing to expand your model year, typically can find a deal closer to 10K. Stick to your number, scour all of the auto websites, look for low mileage, single owner vehicles. Consider buying in a cheaper area, even if that means driving a few hours away. Be patient and wait for the right d...
by Jon H
Thu Aug 02, 2018 7:06 am
Forum: Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1909

Re: Beginner investor seeking advice

How much you spend is the greatest determinant of how much you will need to save. Knowing your monthly budget is an important first step towards financial independence. One million is only $40k per year at age 65 (assuming a 4% withdrawal rate). Will that be enough? It depends on your budget. Adjust...
by Jon H
Thu Jun 28, 2018 6:21 pm
Forum: Personal Investments
Topic: Changing it up..
Replies: 16
Views: 1517

Re: Changing it up..

I agree with target date fund. I was where you are now not so long ago. The three fund portfolio was too many numbers (I had to check the numbers daily ... I know). The Target date fund decision has helped. It might take time to develop a stomach for the ups and downs in the market. When the fund go...
by Jon H
Sat May 26, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 10125

Re: Help Buying Mens Shoes for Work and Dating

Merrell’s

You should be able to find a style that suits your purposes and they are super comfortable
by Jon H
Fri May 25, 2018 7:19 pm
Forum: Personal Investments
Topic: Book for wife on investing
Replies: 26
Views: 2560

Re: Book for wife on investing

The Little Book on Common Sense Investing, 2nd ed, 2017
by Jon H
Wed May 23, 2018 9:00 am
Forum: Personal Investments
Topic: Best buy and hold vanguard fund forever...
Replies: 28
Views: 5119

Re: Best buy and hold vanguard fund forever...

You can still do a backdoor Roth IRA
by Jon H
Wed Apr 18, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 36323

Re: How old are you and how much do you save for retirement a year

53/54 with one kid in college

34% pre tax, 63% post tax
by Jon H
Mon Apr 09, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Easily digestible info/blog on finances for spouse?
Replies: 35
Views: 3280

Re: Easily digestible info/blog on finances for spouse?

Whitecoatinvestor has a book, blog, podcasts, YouTube, a course. He delivers the messages in a clear and concise manner. And he is active here.

JLCollins is another blog worth a look.
by Jon H
Sun Apr 08, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 246
Views: 28661

Re: What is your AA, given your age? and, Why?

You’re quite right that was inappropriate. It’s going to be deleted.

The post otherwise is on topic n
by Jon H
Sun Apr 08, 2018 12:02 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 246
Views: 28661

Re: What is your AA, given your age? and, Why?

:sharebeer </s> i'm currently 70/30 stock/bond because i'm blindly following age in bonds for lack of a better alternative. i started investing seriously post 2008 so i don't really have any real test of my risk tolerance. the recent turbulence in markets has caught my attention, but more to just be...
by Jon H
Sun Apr 08, 2018 10:07 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 246
Views: 28661

Re: What is your AA, given your age? and, Why?

Not willing right now. I see a lot of bearish signs so I don’t like this market beyond May. I made an error and bought some last week. I’ll be selling on the upswings I f there are any. Hopefully there will be some positive bumps during early earnings season. Age 53. At 45:35:20. Going to all cash. ...
by Jon H
Sat Apr 07, 2018 11:02 am
Forum: Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 2523

Re: SS Benefit Calculators?

Longmonster wrote:
Sat Apr 07, 2018 9:54 am
https://socialsecurity.tools/app.html is the calculator ivk5 is referring to. It is free and is one of the best that I've seen online. It handles both existing and projected earnings and shows you where you are on the benefits curve.
+1
by Jon H
Fri Apr 06, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 66
Views: 8730

Re: Your Monthly Cost of Living

Married plus college kid (home on breaks)
Philly Burbs

1. Housing: mortgage 2400/tax 1000/utilities (elec/phone/net) 600-1000
2. Transportation: car, insurance, license, registration, gas, maintenance 400 (for three cars)
3. Food: groceries, restaurants 300
4. Other 300-500

Total $5000-$5600
by Jon H
Thu Apr 05, 2018 2:38 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12294
Views: 2098266

Re: U.S. stocks in freefall

"Consider gain and loss, but never be greedy and everything will be alright." Fortune cookie at lunch today :beer
by Jon H
Thu Apr 05, 2018 2:21 pm
Forum: Personal Investments
Topic: Tranquilizing Fear of Dip after Initial Investment
Replies: 23
Views: 2080

Re: Tranquilizing Fear of Dip after Initial Investment

livesoft wrote:
Thu Apr 05, 2018 2:05 pm
Here is something that will work for you:

Invest money whenever the market drops big in a single day.

Make that a rule that you follow. Pretty soon you will be habituated to losing money and it won't bother you anymore.
This is good advice.
by Jon H
Thu Apr 05, 2018 1:40 pm
Forum: Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 7388

Re: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?

Its what he likes to do. Hobby/addiction.

He retired due to medical issues.
by Jon H
Thu Apr 05, 2018 1:31 pm
Forum: Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 7388

Re: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?

This is just another perspective. It is possible to beat the market by investing in individual growth stocks. I know someone with a NW higher than the OP who has beaten the market consistently over the last 30+ years (except in 1987, 2000 and 2008). He retired early and spends all of his day as an a...
by Jon H
Wed Apr 04, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: 8606 form - am I filling it correctly?
Replies: 32
Views: 3448

Re: 8606 form - am I filling it correctly?

Spoke to Vanguard about recharacterizing my tIRA as nondeductible. Vanguard said no they don’t do that. Instead they recommended using the 8606 to explain the Backdoor Roth (tIRA to Roth recharacterization). He seemed to know the deal. Held onto the site for about a year since doing my own BD Roth f...
by Jon H
Mon Apr 02, 2018 8:48 pm
Forum: Personal Investments
Topic: bear market and rebalancing to lower risk
Replies: 13
Views: 1556

Re: bear market and rebalancing to lower risk

My AA isn't changing. I did a bunch of rebalancing when stocks were flying high. I'm more inclined to start looking into rebalancing out of bonds into stocks if the band moves enough. A few weeks ago, I changed my asset allocation to generate some “dry powder” bonds for rebalancing should the marke...
by Jon H
Sun Apr 01, 2018 1:10 pm
Forum: Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 4327

Re: Money Market Accounts

You are 100% correct. The Vanguard settlement fund is a money market fund. It is the 'Vanguard Federal Money Market'. Money market funds are very safe and this is especially true for Vanguard as they are very conservative. In fact I have heard the argument that above FDIC insurance limits your mone...
by Jon H
Sun Apr 01, 2018 12:50 pm
Forum: Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 4327

Re: Money Market Accounts

Is a money market FUND the account I have with vanguard when I transfer money in and out (before I make an investment purchase). Or am I off base? You are 100% correct. The Vanguard settlement fund is a money market fund. It is the 'Vanguard Federal Money Market'. Money market funds are very safe a...
by Jon H
Thu Mar 29, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE
Replies: 66
Views: 17893

Re: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE

Mr. Bogle, What is your current position on buying and holding international stock index funds and international bond index funds? Hey, Jon H, Jack answered your question at last years' Q&A. The video is below. https://vimeo.com/channels/bogleheads/241479867 I know there are a lot of people who are...
by Jon H
Wed Mar 28, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 12740

Re: How Do You Value Your Home for Net Worth Purposes?

Zillow should be pretty close unless you've made some significant modifications that haven't been updated on their site. Be aware that home value on Zillow will fluctuate with the buying/selling seasons. I don't really look at it because I'm not going to sell for a while. Home value certainly can be...
by Jon H
Wed Mar 28, 2018 10:56 am
Forum: US Chapters
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 27841

Re: A lot of heavy hitters this morning

I buy all of my main articles of clothing at Goodwill (note: I still do not dress like a slob; I am likely the best dressed person in my building, though this does not say much). Those with more modest problems tend to have more modest questions and do not stand out quite so much. There are plenty ...
by Jon H
Wed Mar 28, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 18147

Re: Healthy eaters -- is this grocery budget normal to you?

Definitely not normal. The three of us eat very healthy foods but get them from Trader Joe’s and Aldis. Monthly bill is under 300/month. We probably spend an additional 100 on restaurants and takeout. Same here. Two of us are pescatarian annd one of us is a vegan, so we purchase organic veggies. I ...
by Jon H
Wed Mar 28, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 18147

Re: Healthy eaters -- is this grocery budget normal to you?

MnyGrl wrote:
Wed Mar 28, 2018 7:20 am
Definitely not normal. The three of us eat very healthy foods but get them from Trader Joe’s and Aldis. Monthly bill is under 300/month. We probably spend an additional 100 on restaurants and takeout.
Same here. Two of us are pescatarian annd one of us is a vegan, so we purchase organic veggies.