Search found 77 matches

by Okie77
Thu Oct 04, 2018 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Need help starting out
Replies: 6
Views: 647

Re: Need help starting out

A Vanguard Target date fund would be a great choice. I'm in a similar situation. Saving 15% of gross income and keeping it simple. We still have a lot of time on our side. Working on living below our means and increasing savings is #1. Some info on Vanguard Target date funds: https://investor.vangua...
by Okie77
Mon Oct 01, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Schwab (EFT/Mutual Fund) retirement account
Replies: 13
Views: 999

Re: Help with Schwab (EFT/Mutual Fund) retirement account

You could always keep it simple and invest in the SWYMX
Schwab 2050 target index fund with a .08 expense ratio in tax deferred accounts and it would satisfy your allocation, then just throw money in like mad and leave it alone...

https://www.morningstar.com/funds/xnas/swymx/quote.html
by Okie77
Sun Sep 30, 2018 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner. Want to get mega-rich. Help with portfolio, tips, etc.
Replies: 87
Views: 8624

Re: Beginner. Want to get mega-rich. Help with portfolio, tips, etc.

Wow, this is a lot to sink in. All around great advice.Thanks everyone. One can be "mega rich" without fulfillment, without personal growth (inner riches). Thus, what others have said: Invest in yourself, your education, your skillsets, character, and integrity. With that: The substance . . . and ....
by Okie77
Sun Sep 30, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

I'm curious, why exchange from an Total Bond ETF to a Total Bond mutual fund? The ER is the same for both. Personally I like ETFs because an ETF gives me more options. I can set my max price for buying, and also min price when selling. I like that capability a lot. ETFs can be used for frequent tra...
by Okie77
Sun Sep 30, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

Generally the costs are the same or very close. Once you're in the ETF I don't see a reason to switch to Admiral shares. I have a portfolio with a mix of both. I'm tossing around the idea of moving from Vanguard 2045 target date fund to a 3 fund portfolio. Are there benefits from drawing from a 3 f...
by Okie77
Sun Sep 30, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

Generally the costs are the same or very close. Once you're in the ETF I don't see a reason to switch to Admiral shares. I have a portfolio with a mix of both. I'm tossing around the idea of moving from Vanguard 2045 target date fund to a 3 fund portfolio. Are there benefits from drawing from a 3 f...
by Okie77
Sun Sep 30, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

Generally the costs are the same or very close. Once you're in the ETF I don't see a reason to switch to Admiral shares. I have a portfolio with a mix of both. I'm tossing around the idea of moving from Vanguard 2045 target date fund to a 3 fund portfolio. Are there benefits from drawing from a 3 f...
by Okie77
Sun Sep 30, 2018 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

letsgobobby wrote:
Sun Sep 30, 2018 2:05 pm
If you want to, doesn't seem a big reason to do so. Might lose a tad on bid ask.
So there's really no difference if it's in ETF or Admiral. That's probably a better question I should ask.
by Okie77
Sun Sep 30, 2018 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

Restrictions no. If in a taxable fund you'll pay tax on any gains. Thanks! There is no exchange. You have to sell the ETF, then buy the fund. That is why there is a taxable transaction. Going from a fund to an ETF is a permitted exchange by Vanguard so not taxable. [/quote Funds are in Rollover IRA...
by Okie77
Sun Sep 30, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Re: Exchange from Vanguard ETF to Admiral share?

PFInterest wrote:
Sun Sep 30, 2018 1:46 pm
Restrictions no. If in a taxable fund you'll pay tax on any gains.
Thanks!
by Okie77
Sun Sep 30, 2018 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange from Vanguard ETF to Admiral share?
Replies: 16
Views: 638

Exchange from Vanguard ETF to Admiral share?

Are there any restrictions exchanging From Vanguard total bond market ETF to Vanguard total bond market index Admiral shares once you have 10k?
by Okie77
Sat Sep 29, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investments decisions
Replies: 9
Views: 955

Re: Help with investments decisions

It may be best for you to simplify into a 3 fund portfolio using index mutual funds: Taxable account: 1. Vanguard total stock market 2. Vanguard total International stock market Tax deferred account: 3. Vanguard Total bond market. Best to hold bonds in a tax deferred account. You can always rebalanc...
by Okie77
Wed Sep 26, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund vs Brokerage
Replies: 6
Views: 428

Re: Target Date Fund vs Brokerage

As stated above, Vanguard Target date funds only have a $1000 minimum. That may be a good choice for you.

This link from Vanguard will steer you in the right direction.

https://investor.vanguard.com/401k-rollover/
by Okie77
Tue Sep 25, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Need help with Asset allocation and management for a newbie!
Replies: 13
Views: 1174

Re: Need help with Asset allocation and management for a newbie!

Hello all, I'm very new to the investment. I have started reading this forum, blog and some books to gather knowledge. I have some questions about asset allocation and portfolio management. Emergency funds: I do have three to six months of expenses. Debt: Car loan 29500 @ 2.424% Mortgage 265000 @ 3....
by Okie77
Mon Sep 24, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2099

Re: New to Investing, I feel lost

Seriously what’s everyone going crazy over? My wife and I have a $400 food budget. We can usually keep it at $320 per month. We eat well too. Family of 4. We do it for under $500 per month and eat like kings. It's not difficult. If you wouldn't mind.... Walk me through a days worth of meals for the...
by Okie77
Sun Sep 23, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: vacation in the Ozarks
Replies: 15
Views: 1774

Re: vacation in the Ozarks

Eureka Springs is a great place to check out.
https://www.eurekasprings.org/
by Okie77
Sun Sep 23, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2099

Re: New to Investing, I feel lost

pennylane wrote:
Sat Sep 22, 2018 7:08 pm
Seriously what’s everyone going crazy over?

My wife and I have a $400 food budget. We can usually keep it at $320 per month. We eat well too.


Family of 4. We do it for under $500 per month and eat like kings. It's not difficult.
by Okie77
Sun Sep 23, 2018 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Personal investment plans
Replies: 13
Views: 994

Re: Personal investment plans

Keep it simple:

A good start is saving 15% of your total gross income. Increasing with raises, bonuses etc. As the years go by.
by Okie77
Sat Sep 22, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2099

Re: New to Investing, I feel lost

Keep it simple.

Max out company retirement plan in the lowest available expense ratio. 85-90 stocks 10/15 bonds.

Max out Roth IRA or Traditional IRA in Vanguard target fund 2060

Set and forget. Don't make changes when the market crashes.
by Okie77
Thu Aug 30, 2018 7:07 pm
Forum: Investing - Theory, News & General
Topic: Which investment account to prioritize?
Replies: 9
Views: 558

Re: Which investment account to prioritize?

Pre-Tax vs. Roth is a compare of a known todays tax rate with an unknown tax rate when using the money (in retirement most likely). It's going to depend on a subjective assessment of whether the unknown is going to be higher or lower than the known. As a general ROT - a lower known leans more towar...
by Okie77
Thu Aug 30, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: Which investment account to prioritize?
Replies: 9
Views: 558

Re: Which investment account to prioritize?

Im sure others will join in but why wouldnt you max the 401k pretax contribution.Thats a guaranteed 12% (at this point) return or am I looking at it wrong? That's a good way at looking at it. I haven't thought about it that way... With possible 3% returns in the stock market over the next 5-10 year...
by Okie77
Thu Aug 30, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Which investment account to prioritize?
Replies: 9
Views: 558

Re: Which investment account to prioritize?

Here's my opinion. First, put the minimum into your 401k that is required to get the full match, assuming there is one. Next, contribute to your Roth IRA. If you still have money you want to contribute after that, put it into the 401k. Sometimes (or always?) you have a choice between Roth and pre-t...
by Okie77
Thu Aug 30, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: Which investment account to prioritize?
Replies: 9
Views: 558

Which investment account to prioritize?

I'm in a 12% federal tax bracket and a 5% state tax bracket.
I have a 401k, rollover IRA and a Roth.

Which one should I focus on?
by Okie77
Wed Aug 29, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

Have you shopped your life insurance policies around? That is my next step Term 4 sale.com. If you are in good health, $840 a year will get you $750k in coverage for 20+ years. Pure term coverage. Now, if your income is $65k, and you have 2 kids, a mortgage and other debt - you need at least $750k ...
by Okie77
Wed Aug 29, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

Thanks for all of your advice. My goal is to save 15% of my total income. I am falling short of that and it's totally possible.
by Okie77
Wed Aug 29, 2018 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2413

Re: Honda Odyssey Ex-L - new or certified used?

Do all of your homework, though. With manufacturer incentives recently available, you could get a new 2018 for only $2 to 3k more. JT 2k to 3k too much 10 cents a mile is too much? You'd have to drive the one you linked to another 300,000 miles to get it down to 10 cents a mile. To each his own cal...
by Okie77
Wed Aug 29, 2018 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for next steps
Replies: 6
Views: 815

Re: Advice for next steps

Max out a traditional IRA and Roth IRA and pay down mortgage.
by Okie77
Tue Aug 28, 2018 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

Thanks for your advice. I'm glad I found Bogleheads at 40, just wish I would have found it at 20. That's the process I'm in: finding better ways to save. Always listened to my dad's advice which has helped, I know I'm better off than some my age, but with room to improve. Honestly, another forum mi...
by Okie77
Tue Aug 28, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

The biggest portion of your retirement income is going to be through your Social Security benefits, given your income level and savings rate. Have you gone to ssa.gov and gotten an estimate of your future benefits? Yes, I have thanks Those estimates should be a guide to how much you need to save fo...
by Okie77
Tue Aug 28, 2018 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

iasw wrote:
Tue Aug 28, 2018 9:59 pm
Have you shopped your life insurance policies around?
That is my next step
by Okie77
Tue Aug 28, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

Yes car loans must go. No bigger middle class trap out there other than credit cards. It would really be ideal to get at least one of you started on a Roth IRA, even if you aren't able to fully fund it. I would honestly at least consider one of you looking at a career change and/or taking some part...
by Okie77
Tue Aug 28, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

Our annual spending is very low. We are not the average Americans that blow money eating out, want the bigger house, want granite countertops, new fancy cars, we don't have Wi-Fi or cable. It's all nonsense to us. Who expects to blow money on eating out, with a big house, granite counter tops and f...
by Okie77
Tue Aug 28, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

The biggest portion of your retirement income is going to be through your Social Security benefits, given your income level and savings rate. Have you gone to ssa.gov and gotten an estimate of your future benefits? Yes, I have thanks Those estimates should be a guide to how much you need to save fo...
by Okie77
Tue Aug 28, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

.......
by Okie77
Tue Aug 28, 2018 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

.....
by Okie77
Tue Aug 28, 2018 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

delamer wrote:
Tue Aug 28, 2018 8:58 pm
The biggest portion of your retirement income is going to be through your Social Security benefits, given your income level and savings rate.

Have you gone to ssa.gov and gotten an estimate of your future benefits?
Yes, I have thanks
by Okie77
Tue Aug 28, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Can you rollover 401k from previous employer(4 years ago) into current employer
Replies: 3
Views: 251

Re: Can you rollover 401k from previous employer(4 years ago) into current employer

Check with her current 401k provider to see if they accept rollovers they could direct you from there. Another option would be to roll it over to an IRA. Vanguard, Charles Schwab, etc. Also check out operating fees and expense ratios in her new 401k. You may save on expenses moving it to an IRA inst...
by Okie77
Tue Aug 28, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

The general rule of thumb for 40 is 2.6 times your salary. How does that compare? It looks like your retirement is the entirety of your long term savings. How does it compare to your annual spending? How generous is your emergency fund? Does it include sinking funds to cover long term house or car ...
by Okie77
Tue Aug 28, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Re: Am I on the right path

.......
by Okie77
Tue Aug 28, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1578

Am I on the right path

......
by Okie77
Tue Aug 28, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2413

Re: Honda Odyssey Ex-L - new or certified used?

That might be true for high end luxury cars, but is not the case for the Honda models I looked at. 2-3 year old used ones with 20-40k miles cost 3-5k less than a new one, it truly is remarkable how little the value drops for these relatively newer model used cars - so the "depreciation curve" seems...
by Okie77
Mon Aug 27, 2018 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2413

Re: Honda Odyssey Ex-L - new or certified used?

I would never buy new. You'll lose thousands the second you drive off the lot. That might be true for high end luxury cars, but is not the case for the Honda models I looked at. 2-3 year old used ones with 20-40k miles cost 3-5k less than a new one, it truly is remarkable how little the value drops...
by Okie77
Mon Aug 27, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2413

Re: Honda Odyssey Ex-L - new or certified used?

I would never buy new. You'll lose thousands the second you drive off the lot. That might be true for high end luxury cars, but is not the case for the Honda models I looked at. 2-3 year old used ones with 20-40k miles cost 3-5k less than a new one, it truly is remarkable how little the value drops...
by Okie77
Sun Aug 26, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2413

Re: Honda Odyssey Ex-L - new or certified used?

For example: https://www.cargurus.com/Cars/inventorylisting/viewDetailsFilterViewInventoryListing.action?sourceContext=cargurus&newSearchFromOverviewPage=true&entitySelectingHelper.selectedEntity=c25202&entitySelectingHelper.selectedEntity2=c26597&zip=73131&distance=50&modelChanged=undefined&filters...
by Okie77
Sun Aug 26, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2413

Re: Honda Odyssey Ex-L - new or certified used?

I would never buy new. You'll lose thousands the second you drive off the lot. "Certified used" is just another way the dealer makes more money off of you. Find one with 50-60k miles and save yourself thousands. Possible one owner, clean carfax report. Don't buy into the "certified used" nonsense. F...
by Okie77
Fri Aug 24, 2018 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 50,000
Replies: 13
Views: 1224

Re: How to Begin with 50,000

Yes, that is so true! Finding the balance is the tricky thing. I hope to be able to leave my kids a nice chunk of change when I pass too! I think all we can do is live one day at a time and hope for the best. We never know when it may be our last! :)
by Okie77
Fri Aug 24, 2018 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 50,000
Replies: 13
Views: 1224

Re: How to Begin with 50,000

Cash money foolishly spent will be worth https://www.moneyunder30.com/rate-of-re ... t-planning

Best of luck!.
by Okie77
Fri Aug 24, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to Begin with 50,000
Replies: 13
Views: 1224

Re: How to Begin with 50,000

This will give you more info on IRA's available at Vanguard.https://investor.vanguard.com/ira/how-to-open-an-ira