Search found 167 matches

by jakehefty17
Thu Nov 07, 2019 1:25 pm
Forum: Personal Investments
Topic: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash
Replies: 38
Views: 2627

Re: convincing someone of the wisdom of 'buy and hold' instead of selling in a market crash

my dad says it makes sense to buy when stocks are good and sell when stocks are bad. it's a terrible approach that means he's buying high and selling low. but one thing he says sort of makes possible sense. what if you knew that the market was going to go down so you sell? i think a lot of people d...
by jakehefty17
Thu Nov 07, 2019 10:20 am
Forum: Personal Investments
Topic: Am I on right track?
Replies: 16
Views: 675

Re: Am I on right track?

I'd pay off the credit card debt. Absolutely should be at the top of your list. You're doing well financially and seem very organized. Your current interest of 4.99% on the CC debt isn't bad, but it will eventually bite you if you don't get out from under it. For that reason, almost every response i...
by jakehefty17
Wed Oct 23, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for 2 mil+ in annual spending?
Replies: 60
Views: 6461

Re: Best credit card for 2 mil+ in annual spending?

Hello, Depends what you're looking for, the BoA Premium Rewards is the current best for straight unlimited cash back. Visa Signature with good benefits. Agree with the recommendations. Uber Visa is unlimited 4% back on dining with no annual fee. 3% on hotels/flights, 2% on select streaming services ...
by jakehefty17
Mon Oct 21, 2019 12:35 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12118

Re: High income earner waiting for a bear market to start investing

Hello Antartic, Congratulations on your success! My advice is going to be straightforward. If you haven't, create a budget and include your investments in the budget plan . Make investing automatic. Then decide on an Investment Policy Statement and/or Asset Allocation to fit your needs. Follow Bogle...
by jakehefty17
Mon Oct 21, 2019 9:13 am
Forum: Personal Investments
Topic: Late 20s Checkup
Replies: 13
Views: 2311

Re: Late 20s Checkup

OP - Looks like you're doing just fine. Keep it up. - $59K Cash (will average into S&P 500 index fund with 1bp ER over the next year; currently 9.9% of total) - $59K BlackRock ACWI IMI Index Fund (~3bps ER; 9.9% of total) Where are you finding a 1bp ER index fund? And I'm seeing the ACWI IMI fund li...
by jakehefty17
Fri Oct 18, 2019 8:36 am
Forum: Personal Investments
Topic: To retire or not to retire,,,,
Replies: 19
Views: 3486

Re: To retire or not to retire,,,,

Welcome to Bogleheads! Unfortunately your posts don't provide enough information for anyone to provide informed guidance or suggestions. If you'd like some feedback on whether you are financially prepared for the early retirement you are considering, I'd recommend you read through the Wiki page on ...
by jakehefty17
Thu Oct 17, 2019 8:37 am
Forum: Personal Investments
Topic: I'm an indexer, but should I be buying my companies discounted stock?
Replies: 42
Views: 3230

Re: I'm an indexer, but should I be buying my companies discounted stock?

Sure, buy it at a discount and sell upon vesting. Consider it alongside your other taxable investments. +1 I do this with my employee stock purchase plan. They offer 10% off the lower price between the start of the quarter or the end of the quarter. I sell immediately for the 10% discount and pay t...
by jakehefty17
Sun Oct 06, 2019 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Questions - Credit Card Applications
Replies: 4
Views: 505

Re: Questions - Credit Card Applications

Looks like I should go for it. Thank you for the responses!
:beer
by jakehefty17
Sun Oct 06, 2019 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Questions - Credit Card Applications
Replies: 4
Views: 505

Questions - Credit Card Applications

I'd like to thank the forum for helping me choose the credit cards to best meet my needs going forward. I have a BoA cash rewards, which I've had since 2015. Last week I applied and was accepted for the Uber Visa. These are my only two credit cards. I'm 28 years old. There are still 2 cards I'd like...
by jakehefty17
Fri Oct 04, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to prioritize?
Replies: 13
Views: 1148

Re: How to prioritize?

<r><QUOTE author="FiveK" post_id="4778198" time="1570163455" user_id="52293"><s>[quote=FiveK post_id=4778198 time=1570163455 user_id=52293]</s> See <URL url="https://www.bogleheads.org/wiki/Prioritizing_investments"><s>[url=https://www.bogleheads.org/wiki/Prioritizing_investments]</s>Prioritizing in...
by jakehefty17
Mon Sep 30, 2019 8:09 am
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

Wow......is this the link? https://www.barclaycardus.com/apply/Landing.action?campaignId=2630&cellNumber=7 I spent several hours this week trying to find some way to apply other than via the uber app. I was convinced there was no other way, based on everything I read. After seeing your post, I sear...
by jakehefty17
Sun Sep 29, 2019 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

Update: After much trouble with trying to apply via the android app, I successfully applied via Barclay's website for the Uber Visa. Thankfully a reddit user posted a link to this application, I couldn't find it anywhere else. Anyway, I'll use it for Dining/Travel/Online expenses. Thanks very much t...
by jakehefty17
Fri Sep 27, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

If you want to save on Black Friday shopping you should consider one of the 5% category cards (Chase Freedom, Discover it, US Bank Cash +). Store cards aren't that useful, if you have something that gives you 5% everywhere during peak shopping season. I also recommend Citi DC over Fido, because 2% ...
by jakehefty17
Wed Sep 25, 2019 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

Thank you everyone for the replies it's been helpful and informative. Keep them coming if you wish.
by jakehefty17
Wed Sep 25, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

I'd like to carry 2-3 credit cards. I wouldn't mind keeping one or two at home for online shopping as long as there's no AF. Here is my recommended cashback setup for 3 cards. ETA: with no annual fee. Card 1: a Base 2% card- I like the Citi Double Cash because it gives you the option to trade cash ...
by jakehefty17
Wed Sep 25, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

Uber VISA and Citi DoubleCash are also good all rounder cards with no AF. US Bank Uber Visa, 4% on restaurants and 3,2,1% on some other things that I'm too lazy to look up. Uber VISA looks like a powerful contender. 4% dining, 3% travel, 2% Online streaming/purchases, 1% everything else. Closer to ...
by jakehefty17
Wed Sep 25, 2019 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

Don't be afraid of a card just because it has an annual fee. Many of the best rewards cards have an AF, just be mindful of the benefits and be sure to use them to compensate for the fee. Uber VISA and Citi DoubleCash are also good all rounder cards with no AF. I understand what you're saying. I wou...
by jakehefty17
Wed Sep 25, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

Re: New Credit Card Search - 2 Front Runners?

If you want the 5% at Amazon, just get the 5% Amazon Store Card. I use that for everything Amazon. Then I use the BoA Preferred Rewards because I park $100k in index with them to get the platinum honors. 2.675% or something like that. Friends have cards for gas, cards for groceries, etc, and track ...
by jakehefty17
Wed Sep 25, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: New Credit Card Search - 2 Front Runners?
Replies: 46
Views: 4783

New Credit Card Search - 2 Front Runners?

I've been looking into a new credit card. It will be my second one ever. I'm 28 with very good to excellent credit (I hover around 800). My only debt is my mortgage. I have a Bank of America Cash Rewards Card. 3% back on category of my choice (gas, online shopping, travel, home improvement/furnishin...
by jakehefty17
Mon Sep 23, 2019 3:26 pm
Forum: Personal Investments
Topic: Coming to the realization that Traditional is probably wiser
Replies: 42
Views: 6932

Re: Coming to the realization that Traditional is probably wiser

KlangFool wrote:
Sat Sep 21, 2019 1:33 pm
OP,

You are paying 28.8% taxes to contribute to Roth 403B and Roth IRAs. And, paying 5+% interest on your student loan at the same time. The difference is 30+%. Why do that?

You could contribute to Trad. 403B and use the tax savings to pay the student loan instead.

KlangFool
+1
by jakehefty17
Fri Sep 20, 2019 3:45 pm
Forum: Personal Investments
Topic: Math is scary
Replies: 42
Views: 6951

Re: Math is scary

Math isn't scary... but uncertainty is. Like you, I have a very long time horizon. Build a portfolio based on Boglehead principles and stay the course. The rest should work itself out. I don't advocate "save until it hurts"... my mindset more closely resembles "save until it's comfortable". Build a ...
by jakehefty17
Fri Sep 20, 2019 3:11 pm
Forum: Personal Investments
Topic: Has anyone heard of Beta Shield?
Replies: 27
Views: 1542

Re: Has anyone heard of Beta Shield?

There's no such thing as a free lunch. Or dinner in this case. This strategy ticks a few major "NO" boxes for me: 1. It involves market timing 2. It involves fear mongering - This bothers me the most. 3. It does not disclose details on the "algorithm" I would never advocate such a strategy. If you c...
by jakehefty17
Thu Sep 12, 2019 12:43 pm
Forum: Personal Investments
Topic: Rebalancing by buying more under-performing stock.
Replies: 8
Views: 649

Re: Rebalancing by buying more under-performing stock.

Hello! In my opinion: It is easier/better if you adjust your purchases to rebalance at the time of every new purchase. Mathematically it's better because you're "buying the dip" (without evident market timing). Bookkeeping it can keep you closer to target holdings without need for increased rebalanc...
by jakehefty17
Thu Sep 12, 2019 11:33 am
Forum: Personal Investments
Topic: How Many Bonds Funds? (Currently Have 4)
Replies: 8
Views: 986

Re: How Many Bonds Funds? (Currently Have 4)

Without delving into your personal scenario, I'll provide some input. I have two held in my 401k: Blackrock US Debt Index Fund - Tracks Barclays US Aggregate Bond Index (ER 0.04%) Vanguard Total International Bond Index Fund - Tracks Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (...
by jakehefty17
Wed Sep 11, 2019 10:17 am
Forum: Personal Investments
Topic: Fidelity Total International Index Fund VS Fidelity Global ex-US Index Fund
Replies: 7
Views: 640

Re: Fidelity Total International Index Fund VS Fidelity Global ex-US Index Fund

Whakamole wrote:
Tue Sep 10, 2019 9:02 pm
I'd go with Total International. The expenses should be about the same (for 'investor' shares, 6bp for Total and 5.5 for Global ex-US), and getting ex-US small caps is worth the exceedingly slight difference in ER.
+1
by jakehefty17
Wed Aug 21, 2019 2:29 pm
Forum: Personal Investments
Topic: Invest vs pay off student loan in 1 year period
Replies: 43
Views: 2146

Re: Invest vs pay off student loan in 1 year period

teen persuasion wrote:
Wed Aug 21, 2019 7:27 am
I don't understand why this is an either/or decision.

Why not max the 401k, and use the tax savings to pay the student loans over 4-5 years?

If you are in the 22% bracket, that's $4180, or $348/month, more if you have state tax, too. What are your monthly student loan payments?
+1
by jakehefty17
Mon Aug 19, 2019 6:04 pm
Forum: Personal Investments
Topic: 23-Year-Old: Question About Portfolio
Replies: 7
Views: 619

Re: 23-Year-Old: Question About Portfolio

Welcome! First, I'll suggest you post questions in the suggested format in this link. It's hard to provide good advice without the information. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212&sid=9800402880a96c6d285da6fc1c933199 Next, I'll suggest some links about prioritizing investments ...
by jakehefty17
Mon Aug 19, 2019 2:59 pm
Forum: Personal Investments
Topic: Merrill Edge ETFs
Replies: 6
Views: 591

Re: Merrill Edge ETFs

Use ETFs. Free trades, simple, same indexes as the mutual funds.

Mutual funds don't qualify for free trades and will cost you a pretty penny to trade.
by jakehefty17
Tue Aug 13, 2019 8:29 am
Forum: Personal Investments
Topic: 2020 Vision - Budget Update & Roth vs Traditional
Replies: 6
Views: 687

Re: 2020 Vision - Budget Update & Roth vs Traditional

1. It's ultimately a guess, but it can be an informed guess. See towards the bottom of the Investment Order post for one way to estimate your withdrawal marginal rate. Then compare that to the 22%-24% you can avoid paying now. 2. If you are receiving a fixed interest rate on the balance, then yes i...
by jakehefty17
Thu Aug 08, 2019 2:51 pm
Forum: Personal Investments
Topic: 2020 Vision - Budget Update & Roth vs Traditional
Replies: 6
Views: 687

Re: 2020 Vision - Budget Update & Roth vs Traditional

I would use the 401K as your marginal rate will be 22%. In retirement you can probably withdraw most of that money in the 12% (eventually the 15%) bracket. The 12% bracket in today’s dollars for a married couple (I presume some day you will tie the knot) is $101,400 ($77,400 + $24,000). Thanks for ...
by jakehefty17
Thu Aug 08, 2019 11:20 am
Forum: Personal Investments
Topic: 2020 Vision - Budget Update & Roth vs Traditional
Replies: 6
Views: 687

2020 Vision - Budget Update & Roth vs Traditional

Hey Bogleheads! I have a change in income/budget, which provides me with some future planning adjustments. I would appreciate feedback into any missed opportunities or opinions on my savings decisions. I won't go deep into asset allocation, but I'm all in index funds and around 85-90% stock. I will ...
by jakehefty17
Wed Aug 07, 2019 11:27 am
Forum: Personal Investments
Topic: Target date fund vs. index funds (no tickers)
Replies: 12
Views: 855

Re: Target date fund vs. index funds (no tickers)

(I'm 23 years old) I would have to approximate based off of the following funds (expenses in parentheses) (.03%) Bond Market Index Fund (.05%) Balanced Index Fund The Fund seeks to provide returns that approximate over time the performance of a custom index comprised of the Bloomberg Barclays US Ag...
by jakehefty17
Mon Aug 05, 2019 2:27 pm
Forum: Investing - Theory, News & General
Topic: A low-cost 5 fund Boglehead portfolio
Replies: 108
Views: 15383

Re: A low-cost 5 fund Boglehead portfolio

32.00% Vanguard Total Stock Market ETF (VTI) 16.00% Vanguard S&P Small-Cap 600 Value ETF (VIOV) 16.00% Vanguard FTSE All-Wld ex-US SmCp ETF (VSS) 16.00% Vanguard FTSE Emerging Markets ETF (VWO) 20.00% Vanguard Long-Term Bond ETF (BLV) Maybe a simple question, but why Long-Term Bond over Total Bond?...
by jakehefty17
Mon Aug 05, 2019 11:46 am
Forum: Personal Investments
Topic: Fidelity International Index Fund Choice
Replies: 4
Views: 653

Re: Fidelity International Index Fund Choice

I hold FTIHX. I'd recommend you stick with it. It's a true Total ex-US holding in one fund.
by jakehefty17
Mon Aug 05, 2019 11:19 am
Forum: Personal Investments
Topic: Portfolio Question
Replies: 24
Views: 1213

Re: Portfolio Question

Full names, ( retired with time to help) 1. VSGAX Vanguard Small-Cap Growth Index Fund Admiral Shares 2. VSIAX Vanguard Small Cap Value Index Fund Admiral Shares 3. VIGAX Vanguard Growth Index Fund Admiral Shares 4. VT VANGUARD TOTAL WORLD STOCK (ETF) 5. VVIAX Vanguard Value Index Fund Admiral Shar...
by jakehefty17
Mon Aug 05, 2019 5:58 am
Forum: Personal Investments
Topic: Question about Schwab changes
Replies: 19
Views: 2113

Re: Question about Schwab changes

You need to be both polite and firm by telling the salesman that you are a DIY person and have no need whatsoever for someone else to manage your money. Tell him that you do not want him to call you unless you call him first. +1 Be firm. You're not interested in anyone else managing your money, and...
by jakehefty17
Mon Aug 05, 2019 5:50 am
Forum: Forum Issues and Administration
Topic: What [do the abbreviations used here] mean...???
Replies: 19
Views: 2718

Re: What does it all mean...???

celia wrote:
Sun Aug 04, 2019 9:54 pm
DH, DW, DD, DS mean Dear Husband, Dear Wife, Dear Daughter, Dear Son
I never knew this but was able to muddle the meaning of a significant other. To me, DH is designated hitter and for a long time I thought it was a weird acronym for the breadwinner... :oops:

There's a learning curve to be sure.
by jakehefty17
Thu Aug 01, 2019 2:26 pm
Forum: Personal Investments
Topic: Revisiting Asset Allocation
Replies: 8
Views: 773

Re: Revisiting Asset Allocation

Also, it helps to quote people to get responses! Otherwise we might not see your post!
by jakehefty17
Thu Aug 01, 2019 2:24 pm
Forum: Personal Investments
Topic: Revisiting Asset Allocation
Replies: 8
Views: 773

Re: Revisiting Asset Allocation

In an effort to balance our need, ability, and willingness to take risk, it sounds to me like the sweet spot likely is somewhere in the range of 65-70/35-30. For some reason, mentally, I am inclined to keep much of the fixed income in the taxable and TSP accounts, and keep the equities primarily in...
by jakehefty17
Thu Aug 01, 2019 12:58 pm
Forum: Personal Investments
Topic: VTI and call it a day?
Replies: 9
Views: 1554

Re: VTI and call it a day?

...as I get closer to retirement I'm thinking that shifting more into large caps and not worrying about rebalancing between the three caps each year... Simplicity is nice. Seems like that's the main reason for the post. If you're comfortable with your slice & dice portfolio I see no reason to chang...
by jakehefty17
Thu Aug 01, 2019 6:07 am
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3499

Re: Pay off $17k student loan or max out 401k this year?

I'd lean to maxing out the 401k, since the student loan is relatively low interest and possibly tax deductible interest. Theoretically your 401k should earn you more than the loan would cost you.

Do whatever feels better. Either option is good.
by jakehefty17
Wed Jul 31, 2019 1:52 pm
Forum: Personal Investments
Topic: How's my performance?
Replies: 8
Views: 829

Re: How's my performance?

Welcome to the forum! You're off to a good start. I'm going to suggest a few things, with links explaining why. Start an IRA before going into taxable investing. Check out this link to the wiki. https://www.bogleheads.org/wiki/Prioritizing_investments Consider adding total international and a total ...
by jakehefty17
Wed Jul 31, 2019 12:34 pm
Forum: Personal Investments
Topic: Revisiting Asset Allocation
Replies: 8
Views: 773

Re: Revisiting Asset Allocation

- Taxable account is ~ $140,000 (100% Vanguard Federal Money Market) - TSP 1 is currently ~ $344,000 (TBD) - TSP 2 is currently ~ $299,000 (TBD) - Roth 1 is currently ~ $143,000 (100% VTWAX) - Roth 2 is currently ~ $83,000 (100% VTWAX) - HSA is currently ~ $11,000 (100% SPTM) I anticipate DW, the h...
by jakehefty17
Wed Jul 31, 2019 11:42 am
Forum: Personal Investments
Topic: Sold it all - Strategy for FERS FED retiring next year?
Replies: 6
Views: 824

Re: Sold it all - Strategy for FERS FED retiring next year?

ROTH and TSP are all in safest funds currently. You mean your entire fortune is in something like cash and the G Fund? If yes, this is not a good idea and is a very poor 'investment" strategy. 'm thinking about slowly re-entering equity holdings during next correction, up to 25-30% max, but I'm ver...
by jakehefty17
Mon Jul 29, 2019 3:10 pm
Forum: Personal Investments
Topic: 401K allocation options
Replies: 12
Views: 626

Re: 401K allocation options

Hello. You state an unknown desired asset allocation , so I'll just offer general advice based on the funds you've listed. Priority number one should be to find an asset allocation you are comfortable with. At 51 years of age, I'd recommend stocks should be anywhere between 50-70% of your asset allo...
by jakehefty17
Wed Jul 24, 2019 3:52 pm
Forum: Personal Investments
Topic: International Bond Fund - yes or no?
Replies: 61
Views: 5422

Re: International Bond Fund - yes or no?

I agree with above posts that it is absolutely not necessary to hold international bonds. I hold international bonds in my 401k via Vanguard's Total International Bond Fund. As long as the fund is currency hedged , I feel the diversification benefit is worth holding 1 more fund. Owning the haystack ...
by jakehefty17
Wed Jul 24, 2019 3:37 pm
Forum: Personal Investments
Topic: For those who include international bonds, do you use hedged or unhedged?
Replies: 10
Views: 638

Re: For those who include international bonds, do you use hedged or unhedged?

My 401k offers Vanguard's Total International Bond Fund Admiral Shares, which I use for 50% of my bond exposure. It's currency hedged. I wouldn't use any unhedged international bond funds because the currency risk would negate the innate benefits that a bond provides. Bonds are meant to be stable, l...
by jakehefty17
Tue Jul 23, 2019 1:38 pm
Forum: Personal Investments
Topic: A little discouraged with earnings, is it really this slow?
Replies: 66
Views: 9895

Re: A little discouraged with earnings, is it really this slow?

I'm in a very similar circumstance to you. I started my job about a year after you, and I'm the same age. You've inspired me! Now I want to build a similar excel sheet to track my investment progress in the same way. I'll reply with something similar.

Building wealth takes time. Don't be discouraged.
by jakehefty17
Tue Jul 02, 2019 11:36 am
Forum: Personal Investments
Topic: Can I add Social Security to my asset allocation of bonds?
Replies: 42
Views: 3025

Re: Can I add Social Security to my asset allocation of bonds?

Ah ha! So some Bogleheads DO add social security income to their bond allocation? If so, wouldn't my $35K SSI would equate to about $1 million in bonds, bringing my total AA much more in line with the more age-appropriate 35/65? This assumes that 35/65 is the only "age appropriate" allocation. It's...
by jakehefty17
Wed Jun 26, 2019 9:34 am
Forum: Personal Investments
Topic: Managing assets as we age
Replies: 3
Views: 728

Re: Managing assets as we age

Does he manage his own portfolio? If not, I'd recommend a fixed allocation or target-date fund. Alternatively, Vanguard PAS or any other robo-advisor. Either of these options he can rest assured that things are "done right". If he does manage himself, I'd recommend Fidelity or Schwab. Both have low-...