Search found 72 matches

by champion_ham
Tue Dec 31, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 10613

Re: How much were you able to save this year?

Retirement Savings: 33% of gross income
General Savings (future down payment): 34% of gross
Total savings: 67% of gross income

Combined salary = $240k
by champion_ham
Wed Nov 13, 2019 10:33 pm
Forum: Personal Consumer Issues
Topic: Romantic northeast winter weekend getaway?
Replies: 28
Views: 3356

Re: Romantic northeast winter weekend getaway?

Check out Rabbit Hill Inn. Travel & Leisure voted it as the #27 best hotel in the world this year.
by champion_ham
Sun Aug 18, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Post-mortgage: help us set new goals?
Replies: 1
Views: 364

Re: Post-mortgage: help us set new goals?

Congrats!! I’d advise shifting your focus on your retirement savings, since you seem to be a little light in that area. Maybe throw 20-35% of your income to retirement savings, since the mortgage payment is off the books. You might get more robust responses/advice if you reformat your post into a po...
by champion_ham
Sat Aug 03, 2019 7:16 am
Forum: Personal Finance (Not Investing)
Topic: If I have HSA at work can I open a separate HSA through Fidelity?
Replies: 10
Views: 1106

Re: If I have HSA at work can I open a separate HSA through Fidelity?

You are allowed to have multiple HSAs, but your combined contributions must stay within the IRS limit. I would stick with the employer-provided HSA since you have the benefit of pre-tax contributions.
by champion_ham
Tue Jun 11, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: Passport photos cheap
Replies: 55
Views: 3524

Re: Passport photos cheap

Costco is the best route if you have a membership. You can try all the samples and get a hot dog combo while you wait for them to get your pictures printed.
by champion_ham
Sat Apr 27, 2019 8:49 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 145
Views: 13465

Re: What Are Your Simple Pleasures?

Taking long walks around the neighborhood with my best friend, my wife.
by champion_ham
Fri Apr 19, 2019 11:38 am
Forum: Personal Finance (Not Investing)
Topic: DW worried about What if ...? Wishes to pay off mortgage
Replies: 33
Views: 3320

Re: DW worried about What if ...? Wishes to pay off mortgage

If it helps you sleep better at night, pay off the mortgage. I think it’s a great idea to be completely debt free.
by champion_ham
Thu Apr 04, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Help! Having a Baby - Stay Home Cost analysis
Replies: 33
Views: 2599

Re: Help! Having a Baby - Stay Home Cost analysis

[/quote] It's not about the finances. It's about the baby. If you could ask your child " do you want to be raised by a stranger or your mother what would your child say" When our first child was born my wife stayed home for 6 months. Then she was able to go back to work because her mom watched the c...
by champion_ham
Sat Mar 30, 2019 10:41 am
Forum: Personal Investments
Topic: Advice for 28
Replies: 22
Views: 5314

Re: Advice for 28

Welcome! Great job so far! You're definitely on track. Regarding your questions: 1. Looks like you've got some good 401k options. Personally, I would create a 3-fund portfolio between your Roth, 401k and HSA, but it might take a little more work with rebalancing each year. Not a ton more work but de...
by champion_ham
Sat Mar 23, 2019 1:29 pm
Forum: Personal Consumer Issues
Topic: life span of a retainer
Replies: 4
Views: 678

Re: life span of a retainer

I’ve had mine (and used nightly) for years. Probably 10 years or so. I’ve never had any major problems with mine.
by champion_ham
Wed Feb 27, 2019 10:54 pm
Forum: Personal Consumer Issues
Topic: Luxury vacation towns ??
Replies: 51
Views: 4487

Re: Luxury vacation towns ??

My family and I LOVE 30a! It’s a fantastic place, and we go every year. You should also check out Mackinac Island.
by champion_ham
Tue Feb 26, 2019 3:26 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth without 401k True-up
Replies: 15
Views: 766

Re: Mega Backdoor Roth without 401k True-up

Do you mean if you hit the max employer+employee contribution? Or do you mean the pretax limit? Its weird they wouldn't match post tax dollars too. This statement makes me think you are confused: I was hoping this might be the answer, since we have a 401(k) pre-tax, 401(k) roth, and 401(a) after-ta...
by champion_ham
Tue Feb 26, 2019 2:42 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth without 401k True-up
Replies: 15
Views: 766

Re: Mega Backdoor Roth without 401k True-up

Do you mean if you hit the max employer+employee contribution? Or do you mean the pretax limit? Its weird they wouldn't match post tax dollars too. This statement makes me think you are confused: I was hoping this might be the answer, since we have a 401(k) pre-tax, 401(k) roth, and 401(a) after-ta...
by champion_ham
Tue Feb 26, 2019 1:55 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth without 401k True-up
Replies: 15
Views: 766

Re: Mega Backdoor Roth without 401k True-up

Can you make simultaneous pre-tax and non-deductible contributions? My wife's employer allows that. I was hoping this might be the answer, since we have a 401(k) pre-tax, 401(k) roth, and 401(a) after-tax option. However, my company provider confirmed that any money contributed to any of the option...
by champion_ham
Tue Feb 26, 2019 1:52 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth without 401k True-up
Replies: 15
Views: 766

Re: Mega Backdoor Roth without 401k True-up

I am assuming there is a reason why you can’t hit the max exactly (unknown bonus/raise at end of year) like many have and that you are worried about going over the 56k total limit (not the 19k limit). If so, than I don’t have a good answer for you other than try to guess close and change your contr...
by champion_ham
Mon Feb 25, 2019 9:03 pm
Forum: Personal Investments
Topic: Mega Backdoor Roth without 401k True-up
Replies: 15
Views: 766

Mega Backdoor Roth without 401k True-up

DW and I will max out our 401ks and backdoor Roths this year, and I recently found out that my company allows for a mega backdoor Roth. However, they don't do a 401k true-up if I max out my 401k early, which makes it difficult since I won't be able to max out before the last paycheck. I'd have to th...
by champion_ham
Fri Feb 01, 2019 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Profit sharing question
Replies: 5
Views: 386

Re: Profit sharing question

Depends on the company, but it’s most likely pro-rated.
by champion_ham
Fri Jan 25, 2019 10:51 pm
Forum: US Chapters
Topic: Happy Birthday Taylor! 96 years young!
Replies: 77
Views: 5679

Re: Happy Birthday, Taylor!

Happy birthday, Taylor! Thanks for all of your contributions! I hope you have a great day!
by champion_ham
Fri Jan 25, 2019 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice coming out of bad situation
Replies: 49
Views: 4254

Re: Need advice coming out of bad situation

OP, have you considered moving your marriage plans forward? If you complete this before March and choose a wealthy wife with a paid off home, it will eliminate both the need to save for a home down payment and borrowing from your 401K, plus eliminate your monthly rent payments. This will allow you ...
by champion_ham
Mon Jan 21, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans
Replies: 16
Views: 1259

Re: Student Loans

Why live under this burden of debt for 10 years? ...Especially when you and your CPA are having to jump through all these hoops to hide income. Your details are light, but if you roll up your sleeves, you could probably have this debt paid off in a few years.
by champion_ham
Mon Jan 21, 2019 9:35 am
Forum: Personal Investments
Topic: Afoot or on horseback?
Replies: 24
Views: 1997

Re: Afoot or on horseback?

I see a lot of Class A and Class C shares in your Fidelity and Ameriprise accounts, which I don’t like the look of... Google definitions to see what that means exactly. You should list the expense ratios of each fund next to the name. Between, the class shares, expense ratios, and assets under manag...
by champion_ham
Mon Jan 21, 2019 9:11 am
Forum: Non-US Investing
Topic: Rebalance or not?
Replies: 7
Views: 1132

Re: Rebalance or not?

I wouldn’t bother with rebalancing every year, especially if you’re going to lose money doing it. Many would say rebalancing every year is overrated. If I was you, I’d set rebalancing bands in your Investor Policy Statement (IPS) and not worry about your AA until it reaches those bands. Example: Don...
by champion_ham
Sun Jan 20, 2019 11:47 pm
Forum: Personal Consumer Issues
Topic: What to do this weekend in Tokyo?
Replies: 19
Views: 1626

Re: What to do this weekend in Tokyo?

Personally, I just enjoy wandering, but just get out of Roppongi because it feels like a US suburb. +1. Tokyo is one of my favorite cities. As an FYI, make sure you have cash on hand. As far as international cities go, Tokyo is very much NOT a cashless city. Many vendors don’t accept credit cards.
by champion_ham
Sun Jan 20, 2019 11:34 pm
Forum: Personal Investments
Topic: For those with both Vanguard and Schwab
Replies: 43
Views: 3156

Re: For those with both Vanguard and Schwab

02nz wrote:
Sun Jan 20, 2019 1:29 pm
IMO Schwab has better customer service and definitely a better website.
+1 and 24/7 customer service. I much prefer Schwab over Vanguard.
by champion_ham
Sun Jan 20, 2019 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus check: Towards down payment, debt, or emergency fund?
Replies: 19
Views: 1552

Re: Bonus check: Towards down payment, debt, or emergency fund?

Congrats on the bonus! I agree you should knock out the student loans with the highest interest rates. I’d work to get the remaining debt knocked out as quickly as possible soon after. Not sure how old you and your wife are, but your retirement savings seems really light. I’d make due in your curren...
by champion_ham
Sun Jan 20, 2019 11:13 pm
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 179
Views: 15599

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

Check out the pants at Betabrand (www.betabrand.com). They have a style of pants called “Best Travel Pants” that might interest you, depending on your style. They also sell “Dress Pant Sweatpants” that are sweat pants but look like dress slacks and are really comfortable. Safe travels!
by champion_ham
Sun Jan 20, 2019 11:04 pm
Forum: Personal Consumer Issues
Topic: Grocery shopping strategy
Replies: 146
Views: 10388

Re: Grocery shopping strategy

Wondering if we're selling ourselves short. Walmart is not the cheapest place to shop; they’ve just done a great job marketing themselves as the cheapest. While it doesn’t sound like you want to do any coupon clipping, I think the best overall tip is to make a list of grocery items you’re shopping ...
by champion_ham
Sun Jan 20, 2019 10:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 13137
Views: 2233303

Re: U.S. stocks in free fall

^I'm retired, so the concept of emergency fund does not apply as has been discussed many times on the forum, but hey give me a situation where I need 6 months of expenses all in cash on a Tuesday afternoon and I'll write a novel about it. Thanks! Fair enough. I'm not retired yet. But I could imagin...
by champion_ham
Fri Jan 18, 2019 6:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best kids savings account
Replies: 22
Views: 2340

Re: Best kids savings account

livesoft wrote:
Thu Jan 17, 2019 6:32 am
(Some of you might be surprised that we even had to do this since our bank is WellsFargo and one might have expected that WellsFargo would automatically have done this without our permission.)
LOLOL!!
by champion_ham
Fri Jan 18, 2019 3:38 am
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 206
Views: 28441

Re: Neil Cavuto's video tribute

Taylor Larimore wrote:
Thu Jan 17, 2019 10:03 pm
Bogleheads:

You will enjoy this very nice eight-minute video tribute by Neil Cavuto, television news anchor:

Remembering the late Wall Street legend John Bogle"

Best wishes.
Taylor
Thanks for posting, Taylor. The video was very well done. Mr. Bogle was a great man.
by champion_ham
Thu Jan 17, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Tributes to Jack Bogle
Replies: 206
Views: 28441

Re: Tributes to Jack Bogle

RIP, Mr. Bogle, from an ordinary investor who will be forever grateful for you and your service. Godspeed, sir.
by champion_ham
Sat Jan 12, 2019 8:49 am
Forum: Personal Investments
Topic: Schwab 3 Fund Example in the Wiki Still the Model?
Replies: 12
Views: 801

Re: Schwab 3 Fund Example in the Wiki Still the Model?

My Schwab 3-fund portfolio consists of: Schwab Total Stock Market Index (SWTSX) Schwab International Index (SWISX) Schwab US Aggregate Bond Index (SWAGX) I’m sure you could get more creative or more granular, breaking the market into smaller and smaller slices, but sometimes simpler is better. The ...
by champion_ham
Fri Jan 04, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: Low flow shower head
Replies: 42
Views: 2663

Re: Low flow shower head

Just looked and saw my 2 are pumping out 2.5 gpm. Seems there's quite a few doing 1.5 gpm. Anyone switch to one they like with good results? I work out a lot and shower twice a day without any trouble. Figuring this could really help. Low flow? I don't like the sound of that. http://www.seinfeldscr...
by champion_ham
Thu Jan 03, 2019 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Chase sapphire reserve points
Replies: 19
Views: 2599

Re: Chase sapphire reserve points

Definitely use the points. We use our points on Hyatt since it’s one of the best redemptions.
by champion_ham
Thu Jan 03, 2019 10:04 pm
Forum: US Chapters
Topic: Why I became a Boglehead
Replies: 22
Views: 3538

Re: Why I became a Boglehead

I somehow stumbled upon BH earlier this year when researching which mutual funds I should buy. After reading more about the philosophy and realizing we were paying ~$7k in fees annually between the high ERs and AUM fee to our advisor, I was sold. Made the switch in May and haven’t looked back. Thank...
by champion_ham
Thu Jan 03, 2019 6:57 am
Forum: Personal Consumer Issues
Topic: Visa on Arrival Hanoi Vietnam
Replies: 6
Views: 896

Re: Visa on Arrival Hanoi Vietnam

I got an e-visa before traveling to Vietnam and the process was smooth. I can’t speak to the visa on arrival process. Why don’t you get an e-visa before arrival, so the worry and hassle of getting a visa when you land is removed?

E visa site: https://evisa.xuatnhapcanh.gov.vn/trang-chu-ttdt
by champion_ham
Mon Dec 31, 2018 11:49 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4243
Views: 1225810

Re: What Book Are You Currently Reading? Part VI

DW and I recently got into the HBO Game of Thrones series and finished binging the final episode last night. Since I enjoyed the tv series so much, I ordered the first novel tonight on Amazon. Looking forward to reading. Hoping it’s at least as good as the HBO series.
by champion_ham
Mon Dec 31, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Mountain Condo
Replies: 15
Views: 2447

Re: Buying a Mountain Condo

Congrats! While I’ve never been to the area in which you bought, I have been to Wyoming multiple times and love it. It’s a beautiful state. Enjoy, and have happy new year!
by champion_ham
Mon Dec 31, 2018 7:16 pm
Forum: Personal Consumer Issues
Topic: Happy New Year Do you have plans?
Replies: 37
Views: 2050

Re: Happy New Year Do you have plans?

DW and I just picked up a pizza from Dominos (too cheap to have it delivered). We’ll be ringing in the new year by finishing the 2nd season of Ozark on Netflix. Last night, we finished catching up on the rest of Game of Thrones. Happy New Year all! :sharebeer
by champion_ham
Fri Dec 28, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 6402

Re: Shoes to wear with jeans to the office?

Get a pair of Cole Haan sneakers. They look great with jeans.
by champion_ham
Sun Dec 02, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 22982

Re: Best values at Costco? Honestly, a little disappointed...

Here are a few items we consistently purchase at Costco: Gas, paper towels, toilet paper, garbage bags, $1.50 hot dog, wine, chicken, etc., etc. Their chicken is probably the best deal. $5 for a turkey-sized chicken already cooked. Gasoline is also their best deal if you have one with gas. Not so g...
by champion_ham
Sun Dec 02, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 22982

Re: Best values at Costco? Honestly, a little disappointed...

Here are a few items we consistently purchase at Costco:

Gas, paper towels, toilet paper, garbage bags, $1.50 hot dog, wine, chicken, etc., etc.
by champion_ham
Sun Oct 14, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Blue Ridge Suggestions
Replies: 4
Views: 827

Re: Blue Ridge Suggestions

Do you like to hike, rock climb, or bungee jump? Visit botanic gardens or science museums or factory tours? Eat exotic foods, gourmet cuisine or CostCo hotdogs? Do you like stately mansions, water skiing or religious pilgrimage sites? Do you like to drive on the Interstate or windy dirt roads? Woul...
by champion_ham
Sat Oct 13, 2018 7:57 pm
Forum: Personal Consumer Issues
Topic: Blue Ridge Suggestions
Replies: 4
Views: 827

Blue Ridge Suggestions

My wife and I live about 90 miles from Blue Ridge, GA and looking to take a day-trip in the next couple of weeks. (Wouldn't be opposed to spending a night or two there if there are some good local places to stay.) Any suggestions on things to see/do/lodging?

Thanks!
by champion_ham
Sat Oct 13, 2018 11:58 am
Forum: Personal Investments
Topic: Portfolio Guidance
Replies: 8
Views: 727

Re: Portfolio Guidance

Personally, I'd simplify further.

His Roth IRA: VTSMX (100% of Roth IRA portfolio)
His Traditional IRA: VTSMX (77% of Traditional IRA portfolio) / VBMFX (23%)
His 401k: VINST (100%)
Her Traditional IRA: VGTSX (100%)
Her Roth IRA: VTSMX (100%)
by champion_ham
Sun Sep 30, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Help me with avoiding liability for personal injury on our property
Replies: 23
Views: 2096

Re: Help me with avoiding liability for personal injury on our property

Not sure about signage, but you should definitely get an umbrella policy through your insurance company to protect you.
by champion_ham
Tue Sep 18, 2018 9:01 pm
Forum: US Chapters
Topic: Jack Bogle Bobblehead
Replies: 24
Views: 3624

Re: Jack Bogle Bobblehead

triceratop wrote:
Tue Sep 18, 2018 11:55 am
So, in the spirit of representativeness let me say that I will definitely not be buying one.
LOL!
by champion_ham
Sat Sep 08, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Is individual Bonds better than Bond Fund?
Replies: 58
Views: 6616

Re: Is individual Bonds better than Bond Fund?

Did you see what happened to Tesla bonds yesterday?
by champion_ham
Thu Aug 30, 2018 6:15 pm
Forum: Investing - Theory, News & General
Topic: Buy what others are selling and Sell what others are buying?
Replies: 19
Views: 2412

Re: Buy what others are selling and Sell what others are buying?

I wouldn’t necessarily subscribe to this philosophy/saying... I tried this in the 2008 timeframe when I bought shares of GM stock for ~$10/share. People were selling, so I thought it would be a great time to buy. In a few months, the stock was worthless. Lesson learned. :oops: