Search found 103 matches

by Jon H
Mon Sep 03, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra cash flow each month?
Replies: 18
Views: 1152

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: 2283

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: Investing - Help with Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1775

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: Investing - Help with Personal Investments
Topic: Changing it up..
Replies: 16
Views: 1429

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: 9295

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: Investing - Help with Personal Investments
Topic: Book for wife on investing
Replies: 26
Views: 2230

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: Investing - Help with Personal Investments
Topic: Best buy and hold vanguard fund forever...
Replies: 28
Views: 3723

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: 32151

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: 2924

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: 163
Views: 14661

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: 163
Views: 14661

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: 163
Views: 14661

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: Investing - Help with Personal Investments
Topic: SS Benefit Calculators?
Replies: 24
Views: 2137

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: 7903

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 freefall
Replies: 7363
Views: 1545694

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: Investing - Help with Personal Investments
Topic: Tranquilizing Fear of Dip after Initial Investment
Replies: 23
Views: 1929

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 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Any seasoned advisors to discuss best sectors/mutual funds for market out-performance?
Replies: 93
Views: 6318

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: 2970

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: Investing - Help with Personal Investments
Topic: bear market and rebalancing to lower risk
Replies: 13
Views: 1394

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: Investing - Help with Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 3371

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: Investing - Help with Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 3371

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: 14930

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: 11148

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: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 22618

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: 16056

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: 16056

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.
by Jon H
Mon Mar 26, 2018 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio evaluation
Replies: 38
Views: 3282

Re: Do I need to change anything?

Whether you can retire at 59 depends on:
1) Yearly expenses
2) Savings rate
3) Investing plan
4) Liabilities: travel, home, car, college

Work your way through the getting started link. It’s really helpful and you’ll learn a lot about finances and your personal situation.

Good luck!
by Jon H
Mon Mar 26, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 99
Views: 11575

Re: How to deal with regret

...It's obvious (in hindsight) to know you took too much risk. The trick is figuring out beforehand. Which is why it's recommended to think about how you'd feel if your portfolio dropped by 10%, 20%, 30%, etc. Not foolproof (you might feel differently when it actually happens, versus your imaginati...
by Jon H
Mon Mar 26, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Seasoned bogleheads repressing the thought of lower expected returns
Replies: 178
Views: 13679

Re: Seasoned bogleheads repressing the thought of lower expected returns

OP, I can reach my goal with the low forecasted return. So, there is no problem here. KlangFool This. I always assume low returns going forward. I'm the guy who always carries an umbrella around. The OP running up to me yelling "Oh my gosh, the chance of rain is higher today than yesterday" doesn't...
by Jon H
Sun Mar 25, 2018 5:50 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - ASK YOUR QUESTIONS HERE
Replies: 66
Views: 14930

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?
by Jon H
Sat Mar 24, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Protecting principal with no risk: seeking validation Im not crazy or stupid
Replies: 31
Views: 3939

Re: Protecting principal with no risk: seeking validation Im not crazy or stupid

Do not expect bogleheads to support your point of view. It’s contrary to the boglehead philosophy. It’s possible your point of view and the boglehead can both be correct but only you shepherd your own finances. It’s your money and it’s always your call. You made a good decision considering your risk...
by Jon H
Sat Mar 24, 2018 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Technical Analysis vs. Don't Try To Market Time
Replies: 28
Views: 2172

Re: Technical Analysis vs. Don't Try To Market Time

I’m selling this market by decreasing my stock exposure and buying bonds.

I’m planning on doing some market timing with the reallocated bond monies as this drop continues.

Buy cheaper, hold more.
by Jon H
Sat Mar 24, 2018 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Any Recent investors here?
Replies: 43
Views: 3328

Re: Any Recent investors here?

Past performance is not a predictor of future ... blah, blah, blah
by Jon H
Sat Mar 24, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Technical Analysis vs. Don't Try To Market Time
Replies: 28
Views: 2172

Re: Technical Analysis vs. Don't Try To Market Time

Maybe technical analysis on average isn’t as successful as buy and hold. To be fair, it should be said that many people have done well (and others not so much) using these strategies. Maybe they got lucky (or not). In the end, it’s a different type of risk from buy and hold as noted above by several...
by Jon H
Fri Mar 23, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell Wellington Fund Today?
Replies: 30
Views: 4394

Re: Should I sell Wellington Fund Today?

You did well. Made some $ and learned something!
by Jon H
Thu Mar 22, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum in Taxable Account - Invest all at once or dollar cost average?
Replies: 42
Views: 2468

Re: Lump Sum in Taxable Account - Invest all at once or dollar cost average?

The boglehead philosophy isn’t ideal all of the time. It cannot be perfect and it has holes. This is a given.
by Jon H
Thu Mar 22, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum in Taxable Account - Invest all at once or dollar cost average?
Replies: 42
Views: 2468

Re: Lump Sum in Taxable Account - Invest all at once or dollar cost average?

I do not agree that the lump sum approach is the best strategy for today’s market. There is enough risk in today’s market to warrant cautious steps.

Your money. Your call.
by Jon H
Thu Mar 22, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: a quick checkup
Replies: 3
Views: 419

Re: a quick checkup

You’re doing well. Keep it up! Take a look at the investment order if you haven’t already done so. Some of your questions are answered there. Have you thought about an HSA? That’s a stealth retirement vehicle. You might diverge from that order to invest some in a taxable account for upcoming expense...
by Jon H
Thu Mar 22, 2018 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Lump Sum in Taxable Account - Invest all at once or dollar cost average?
Replies: 42
Views: 2468

Re: Lump Sum in Taxable Account - Invest all at once or dollar cost average?

Why is the answer so biased to lump sum, when it’s only true 66% of the time? What are the conditions for which this is true?

It also means 34% of the time it is better to do DCA. Can anyone describe the conditions that are better for DCA?

Surely, someone here has asked this question before.
by Jon H
Wed Mar 21, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Repayment
Replies: 31
Views: 3029

Re: Student Loan Repayment

Time or sacrifice. There's no cheating this. You either need to cut your spending to pave the way to throw more at the loan debt, or you need to earn more money without adding lifestyle creep, or you need to wait it out (30 years in your case). Play with some loan calculators and do some what-if an...
by Jon H
Tue Mar 20, 2018 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Impending market correction
Replies: 28
Views: 2220

Re: Impending market correction

Bud wrote:
Tue Mar 20, 2018 8:59 pm
Corrections are a great opportunity to buy low...
Exactly. But that’s considered market timing by some here if done in a calculated manner :beer
by Jon H
Tue Mar 20, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Impending market correction
Replies: 28
Views: 2220

Re: Impending market correction

Sounds to me like your asset allocation (or rather, previous AA) wasn’t at what it actually should have been set at. 10 years ago I didn’t even know where the tunnel was. It’s different when you have gone into the tunnel and can see the light at the end. You’ll see or not. For me, a 30-50% drop now...
by Jon H
Tue Mar 20, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Impending market correction
Replies: 28
Views: 2220

Re: Impending market correction

That “correction” was minor. Didn’t even get to 10%. I’m talking about a 30-50% correction.

Anyhow I’m reallocating because it’s a personal decision. Right?
by Jon H
Tue Mar 20, 2018 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Impending market correction
Replies: 28
Views: 2220

Impending market correction

It’s going to happen, nobody knows how soon or how big. Not a recession question but a market correction one. I am not an economist, just another guy in the accumulation of wealth-building phase. Given the current valuations (CAPE higher than 1929 and 2008), and the other noise, I’m finding it hard ...
by Jon H
Tue Mar 20, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Have $800k - What do I do?
Replies: 22
Views: 4595

Re: Have $800k - What do I do?

I agree with the others who advocate for getting the money in your hands. You don't have to sell all of it, but sell enough so you feel like you got real money out of it. Its okay to keep some of it as investment, maybe 10-20% of what you have now. What you decide to do with the cash is up to you. T...
by Jon H
Fri Mar 16, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 34514

Re: Those with high savings rate: why?

I'm saving for FI. With FI, there is more time flexibility and an increased breadth of life options.
by Jon H
Fri Mar 16, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: How does everyone here earn so much?
Replies: 131
Views: 8428

Re: How does everyone here earn so much?

After more than 20 years of earning less than 60K, somehow I recently earned over 200K. I earned it by working very hard. Who cares? Its not a competition. My life isn't any richer with an increased salary or net worth. I still eat the same lunches and wear the same clothes and drive the same car as...