Search found 980 matches

by Flyer24
Sat Sep 21, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy from the '80s
Replies: 5
Views: 421

Re: Life insurance policy from the '80s

Mod: Thread moved to Personal Finance.
by Flyer24
Sat Sep 21, 2019 8:15 am
Forum: Personal Consumer Issues
Topic: Need new Refrigerator
Replies: 10
Views: 351

Re: Need new Refrigerator

Mod: Thread moved to Personal Consumer Issues
by Flyer24
Fri Sep 20, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Looking at a new (used) car!
Replies: 10
Views: 764

Re: Looking at a new (used) car!

Mod: thread moved to Personal Consumer Issues
by Flyer24
Fri Sep 20, 2019 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good life insurance policies?
Replies: 14
Views: 732

Re: What are some good life insurance policies?

Mod: Topic is now in the Personal Finance forum.
by Flyer24
Wed Sep 18, 2019 9:08 pm
Forum: Personal Investments
Topic: Roth IRA - Contributing too much too soon? (21 y/o)
Replies: 24
Views: 1808

Re: Roth IRA - Contributing too much too soon? (21 y/o)

I hope you realize that you can withdraw your Roth IRA contributions anytime. I would hope you wouldn’t do that though. Your older self is going to thank you for starting your Roth IRA savings so young. Trust me.
by Flyer24
Wed Sep 18, 2019 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: HSA expenses
Replies: 2
Views: 274

Re: HSA expenses

Here is a long list of eligible expenses.

https://www.payflex.com/individuals/com ... ealth-care
by Flyer24
Tue Sep 17, 2019 8:46 am
Forum: Personal Investments
Topic: Retirement Planning
Replies: 8
Views: 1214

Re: Retirement Planning

You also have other options for being self employed.
https://www.nerdwallet.com/blog/investi ... -employed/
by Flyer24
Tue Sep 17, 2019 8:44 am
Forum: Personal Investments
Topic: Retirement Planning
Replies: 8
Views: 1214

Re: Retirement Planning

You can go either way. There is not a right or wrong. I was 100% stock at your age. However, many bogleheads also recommend starting off with 10-20% bonds. The key at your age is your contribution rate. I think you have done well so far. You might follow the link on the forum for asking questions so...
by Flyer24
Mon Sep 16, 2019 7:07 am
Forum: Personal Investments
Topic: MAX HSA and 401k BEFORE contributing to a 529?
Replies: 6
Views: 412

Re: MAX HSA and 401k BEFORE contributing to a 529?

You can borrow money for college. You can’t borrow money for retirement.
by Flyer24
Sat Sep 14, 2019 11:39 pm
Forum: Personal Consumer Issues
Topic: Gas Furnace Question
Replies: 5
Views: 558

Re: Gas Furnace Question

Wrong forum
by Flyer24
Sat Sep 14, 2019 3:27 pm
Forum: Personal Investments
Topic: Portfolio review
Replies: 5
Views: 607

Re: Portfolio review

You might also look into refinancing. I just got quoted 3.75% on a 30 year note.
by Flyer24
Fri Sep 13, 2019 11:53 am
Forum: Personal Investments
Topic: Should I change allocations
Replies: 16
Views: 1279

Re: Should I change allocations

I am 99% sure that all those funds currently have the same ratios. Pick one. You don’t need more than one target fund.
by Flyer24
Thu Sep 12, 2019 1:33 pm
Forum: Personal Investments
Topic: A few years later... guidance/advice? Early 30's
Replies: 15
Views: 2304

Re: A few years later... guidance/advice? Early 30's

Disregard. I see that you were saving for a house.
by Flyer24
Thu Sep 12, 2019 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Potential excess ROTH
Replies: 6
Views: 522

Re: Potential excess ROTH

I need advice on what to do. I've been contributing to my newly opened (2019) Roth throughout the year thinking that DW and I were going to be under the income phaseout/cutoff. Turns out we might be over, if my small business gets a big order in the next few months (looks increasingly likely). To m...
by Flyer24
Sat Aug 24, 2019 12:40 pm
Forum: Personal Investments
Topic: Forced to market time, on the wrong day... how to fix?
Replies: 53
Views: 3989

Re: Forced to market time, on the wrong day... how to fix?

Well. If you think the NAV is going to drop in the future, then you can always wait to buy and just remain in cash. Would I do that? No. I wouldn’t stress about it much. It happened to me too when I had to transfer my wife’s account. I would bet that $1K represents a small portion of your portfolio.
by Flyer24
Fri Aug 23, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Do you sacrifice to save?
Replies: 97
Views: 8448

Re: Do you sacrifice to save?

It is a balance. Some people can be be obsessed with saving money. There is more to life than having a big account. We try to take vacations every year with our kids. I don’t regret those memories for a second. Life goes by so fast. Kids grow up quick. Enjoy every minute of it and not just when you ...
by Flyer24
Sun Aug 18, 2019 10:22 am
Forum: Personal Investments
Topic: Need portfolio re balancing/ investment recommendation
Replies: 3
Views: 468

Re: Need portfolio re balancing/ investment recommendation

Please edit and follow the format in this link.

viewtopic.php?f=1&t=6212
by Flyer24
Sun Aug 18, 2019 7:51 am
Forum: Personal Investments
Topic: Investing for minors
Replies: 9
Views: 992

Re: Investing for minors

They can start out with a savings account. Both of my kids have custodial accounts with Ally.
by Flyer24
Sat Aug 17, 2019 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Go for new job (more pay but travel) or stay?
Replies: 65
Views: 3699

Re: Go for new job (more pay but travel) or stay?

Take this advice from someone that travels for a living. Do what makes the family happy. Kids grow quick and you will never get that time back. Money isn’t everything especially if you are already covering your expenses. In my own line of work, I could take an upgrade with much more money. It is jus...
by Flyer24
Sat Aug 17, 2019 12:24 pm
Forum: Personal Investments
Topic: Fidelity 401k rebalance to Brokeragelink?
Replies: 5
Views: 443

Re: Fidelity 401k rebalance to Brokeragelink?

You have to transfer it to your settlement account in the brokerage link first. Then you buy the bond fund when the cash is available in the settlement account. You can’t just do a direct swap because it is two different accounts. It won’t happen on the weekend because the market isn’t open.
by Flyer24
Fri Aug 16, 2019 9:43 pm
Forum: Personal Investments
Topic: Advice on Portfolio
Replies: 8
Views: 868

Re: Advice on Portfolio

Glad you have found this forum. You will get better answers if you follow the format on this link.
viewtopic.php?f=1&t=6212

Additionally, the wiki guide of this site is a great tool for developing an investment plan.
by Flyer24
Thu Aug 15, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Niece divorce - house questions
Replies: 44
Views: 3815

Re: Niece divorce and house

Thanks for the responses, and she engaged an attorney at the beginning of the process. My reason in asking for some insight is a tiny voice in the back of my head is telling me she might come to me (actually my wife) asking for money.... My wife and I already agreed on the answer, if asked, is no. ...
by Flyer24
Thu Aug 15, 2019 9:54 pm
Forum: Personal Investments
Topic: Does this Work
Replies: 9
Views: 1206

Re: Does this Work

Please use the asking questions format for the best answers.

viewtopic.php?f=1&t=6212
by Flyer24
Tue Aug 13, 2019 8:43 am
Forum: Personal Investments
Topic: asset allocation with debt paydown instead of bond investment
Replies: 15
Views: 802

Re: asset allocation with debt paydown instead of bond investment

I keep mine separate. I would invest the remaining amount according to your normal allocation.
by Flyer24
Tue Aug 13, 2019 7:50 am
Forum: Personal Investments
Topic: 18 year old insurance settlement investing?
Replies: 5
Views: 461

Re: 18 year old insurance settlement investing?

Start a Roth IRA if the child has earned income. The child can contribute $6K a year provided he/she has earned that amount.
by Flyer24
Tue Aug 13, 2019 7:41 am
Forum: Personal Investments
Topic: First real job 401k. Please help dissect my options :)
Replies: 14
Views: 826

Re: First real job 401k. Please help dissect my options :)

Those fees are very reasonable. Don’t let that hinder you from contributing more. Make it a goal to set at least 15% aside in retirement accounts.

You might edit to give us more information using the following format.
viewtopic.php?f=1&t=6212
by Flyer24
Mon Aug 12, 2019 10:47 am
Forum: Personal Investments
Topic: Portfolio Allocation for New Investor
Replies: 4
Views: 243

Re: Portfolio Allocation for New Investor

You don’t need inflation protected bonds at your age.
by Flyer24
Sat Aug 10, 2019 4:51 pm
Forum: Personal Investments
Topic: 31 Year old 6 figure portfolio help
Replies: 4
Views: 1042

Re: 31 Year old 6 figure portfolio help

Please use the edit tool and follow this format for portfolio reviews. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 Don’t chase performance. Start reading the wiki guide on this site. You need to develop an allocation plan. Just at first glance. You need to simplify. You are only 22% in...
by Flyer24
Sat Aug 10, 2019 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to spend a bonus
Replies: 30
Views: 2131

Re: How to spend a bonus

Pay the student loans. I hope you are not still taxable investing.
by Flyer24
Fri Aug 09, 2019 9:24 pm
Forum: Personal Investments
Topic: Please Review Our Portfolio!!
Replies: 4
Views: 661

Re: Please Review Our Portfolio!!

There is not a 28% federal tax bracket. Put more into the Roth IRA. The annual limit is $6K each. You are in an aggressive portfolio. I would suggest 80/20. Many suggest that company stock should be no more than 5% of your portfolio.
by Flyer24
Fri Aug 09, 2019 8:32 pm
Forum: Personal Consumer Issues
Topic: Healthy fast food
Replies: 152
Views: 10313

Re: Healthy fast food

What's a road trip across this wonderful country without the occasional over-indulgence? Are you going to opt for pretzels and carrots over that roadside stand selling pecan pie? And what about all those microbreweries? Or coffee and a sundae at McDonald's? I have no guilt when I'm on the road, bec...
by Flyer24
Fri Aug 09, 2019 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Received a $17,000 medical bill! Can we negotiate?
Replies: 91
Views: 9796

Re: Received a $17,000 medical bill! Can we negotiate?

You need to talk to your insurance company. I ran into this issue with my insurance provider. There is actually a clause in the benefits. As long as you visit an in-network hospital then all further bills are considered in-network. My insurance ended up covering it.
by Flyer24
Fri Aug 09, 2019 7:30 am
Forum: Personal Investments
Topic: What to do with my money
Replies: 10
Views: 1436

Re: What to do with my money

Ok. In another post last year, he says he is 30. Trolling??
by Flyer24
Fri Aug 09, 2019 7:08 am
Forum: Personal Investments
Topic: What to do with my money
Replies: 10
Views: 1436

Re: What to do with my money

sjt wrote:
Fri Aug 09, 2019 6:49 am
viewtopic.php?f=22&t=261282&p=4163494#p4163494

In your previous post, you stated that you're mid 40's. Before I suggest anything, I'm interested in how you managed to become younger.
Ha. That is weird. His wife got really young.
by Flyer24
Thu Aug 08, 2019 7:04 pm
Forum: Personal Investments
Topic: My NEW Portfolio + The State of the Market (DOWN)
Replies: 56
Views: 3247

Re: My NEW Portfolio + The State of the Market (DOWN)

Now the losses from Monday have been erased after today’s gains.😉

Don’t watch your account daily. It will drive you crazy. I check my accounts monthly when it is time to make new purchases.
by Flyer24
Thu Aug 08, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Negotiation Came to a Halt
Replies: 67
Views: 5102

Re: Real Estate Negotiation Came to a Halt

I am am surprised the seller even countered. You made an offer that was almost 20% lower than their already lowered price. I would look for another house or be more reasonable in your offer.
by Flyer24
Wed Aug 07, 2019 11:51 am
Forum: Personal Investments
Topic: Portfolio Review, 5 year plan.
Replies: 21
Views: 1379

Re: Portfolio Review, 5 year plan.

2. I cant escape higher expense ratios in my Roth account due to poor options. There is a few others I didn't list but they all have higher expense ratios. Is this just the norm for Roth accounts? My Roth IRA is with Vanguard, where I keep costs low. Is there a reason you can't transfer away from T...
by Flyer24
Wed Aug 07, 2019 11:16 am
Forum: Personal Investments
Topic: Roth or TDF for my 17 year old son? Why?
Replies: 16
Views: 669

Re: Roth or TDF for my 17 year old son? Why?

Which would be better for a teenage boy to start saving for the future, a Roth IRA or a Target Date Fund? Both? Why? Feel free to post a question to help clarify :) Thanks Kevin Does he have earned income? That is needed in order to be eligible for IRA contributions. Is so then I suggest a target d...
by Flyer24
Wed Aug 07, 2019 10:12 am
Forum: Personal Investments
Topic: Need Some Help Regarding Balancing Debt/Investments
Replies: 15
Views: 586

Re: Need Some Help Regarding Balancing Debt/Investments

Ouch. You have way too much house and a lot of cc debt. You are what we call “house poor”. I would either find a way for your wife to get a full time job or sell the house. I agree with the other idea about getting on the Dave Ramsey plan. Funding your retirement shouldn’t be your top priority right...
by Flyer24
Mon Aug 05, 2019 7:55 pm
Forum: Personal Investments
Topic: Portfolio review - 24 years old
Replies: 9
Views: 847

Re: Portfolio review - 24 years old

Here is a guide for Traditional vs Roth. It is quite common to contribute to a Traditional 401K along with a Roth IRA.

https://www.bogleheads.org/wiki/Traditional_versus_Roth
by Flyer24
Mon Aug 05, 2019 9:36 am
Forum: Personal Investments
Topic: How do I execute my AA?
Replies: 12
Views: 637

Re: How do I execute my AA?

I’d put the money in the target fund and enjoy the newborn. They grow up so fast. My newborn just turned 20. :-) +1 Don’t make it more complicated than it needs to be. Not liking a fund based on it being 2% too conservative is just a little nit picky. Keep your life simple with just a target fund o...
by Flyer24
Sun Aug 04, 2019 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: secured credit card
Replies: 13
Views: 801

Re: secured credit card

You can also look at the option of adding your son as an authorized user of your own card. He will build credit history that way too.
by Flyer24
Sat Aug 03, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Finally considering paying off my mortgage
Replies: 38
Views: 3243

Re: Finally planning to pay off my mortgage

Dang. I would love to have that mortgage rate. 😁
by Flyer24
Sat Aug 03, 2019 3:36 pm
Forum: Personal Investments
Topic: Is this a good time to invest?
Replies: 18
Views: 1967

Re: Is this a good time to invest?

A downturn has been imminent since 2012. 😉
by Flyer24
Sat Aug 03, 2019 2:17 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1488

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Invest according to your IPS not based on some “market cycle”. By the way, 75/25 seems fairly aggressive for your age. 60/40 would be more reasonable. I'm a noob and still trying to gather my thoughts on what my IPS is. This is all new to me. Glad to have you on this board. I highly recommend readi...
by Flyer24
Sat Aug 03, 2019 2:09 pm
Forum: Personal Investments
Topic: Should I send new 401k contributions to an equity or bond fund in this late cycle?
Replies: 25
Views: 1488

Re: Should I send new 401k contributions to an equity or bond fund in this late cycle?

Invest according to your IPS not based on some “market cycle”. By the way, 75/25 seems fairly aggressive for your age. 60/40 would be more reasonable.
by Flyer24
Sat Aug 03, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Companies not sending bills
Replies: 14
Views: 1127

Re: Companies not sending bills

With my credit cards, I have it setup to always pay the minimum amount automatically on the due date. Never have to worry about late fees.
by Flyer24
Sat Aug 03, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: 12k off car sale, now what? pay mortgage or car...maybe save?
Replies: 14
Views: 924

Re: 12k off car sale, now what? pay mortgage or car...maybe save?

OP is retired so emergency fund needs might not be so high as a working person who could loose income, but I agree that Jeep is still WAY too expensive relative to your (assume SS, pension?)income stream. BTW, how did you get that car free? Considering you didn’t pay for it, the sale proceeds may t...
by Flyer24
Fri Aug 02, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: 12k off car sale, now what? pay mortgage or car...maybe save?
Replies: 14
Views: 924

Re: 12k off car sale, now what? pay mortgage or car...maybe save?

You appear to have only have 2 months of emergency funds. This should be at least 3-6 months worth.
I agree with others. Sell the Jeep and buy something more affordable. Then work on getting that emergency fund up.