Search found 277 matches

by kellyfj
Fri Sep 11, 2020 4:51 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 167
Views: 14597

Re: Paying off sub 4% mortgage interest rate early

Yes - 3 years into 30 Year 3.75% Mortgage

Paying an extra $1000 per month (thanks to a recent cash bonus)

Why? 3.75% guaranteed is the best rate I can find especially compared to savings accounts yielding < 1.0%
Plus my 401k and College savings for two kids are on track.
by kellyfj
Sun Aug 16, 2020 10:37 am
Forum: Personal Investments
Topic: Still using total bond market?
Replies: 169
Views: 22255

Re: Still using total bond market?

If it was the only Bond fund I had access to then it's fine. For me at 48 I realized I am 75:25 so I need my bonds to perform best when stocks tank so I switched to intermediate treasury. If I was close to a distribution phase then I'd probably have a mix of intermediate treasury (to offset equity r...
by kellyfj
Sun Aug 09, 2020 8:13 am
Forum: Personal Investments
Topic: Vanguard Passive Income Portfolio
Replies: 16
Views: 1908

Re: Vanguard Passive Income Portfolio

Just a second followup can you explain how you calculated the overall 4.15% yield? Thanks!
by kellyfj
Sun Aug 09, 2020 8:11 am
Forum: Personal Investments
Topic: Vanguard Passive Income Portfolio
Replies: 16
Views: 1908

Re: Vanguard Passive Income Portfolio

Just remember the 4% is a 4% of the current asset value - so when asset values drop say 30% (as they can / will with equities) then the 4% is still 4% but the real amount will drop and may drop even more so instead of for example 4% of $100 you might get 3.5% of $70 so $4 of income becomes $2.45. As...
by kellyfj
Sat Jul 25, 2020 6:50 am
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5699

Re: In retirement, why not 100% Total Stock Market + Cash?

What about this the OP's approach is unreasonable given the data available to us? If OP has ~25X invested, what else do they need to do? What if the future is dissimilar to the past? ^^^^ This . . . . Assuming the future is like the past is a very dangerous presumption. Also has anyone run the tabl...
by kellyfj
Sat Jul 25, 2020 6:28 am
Forum: Investing - Theory, News & General
Topic: In retirement, why not 100% Total Stock Market + Cash?
Replies: 53
Views: 5699

Re: In retirement, why not 100% Total Stock Market + Cash?

What about this the OP's approach is unreasonable given the data available to us? If OP has ~25X invested, what else do they need to do? What if the future is dissimilar to the past? ^^^^ This . . . . Assuming the future is like the past is a very dangerous presumption. Also has anyone run the tabl...
by kellyfj
Sat Mar 21, 2020 5:13 pm
Forum: Personal Investments
Topic: Dad pulling retirements out of market. Advice Please!
Replies: 84
Views: 10569

Re: Dad pulling retirements out of market. Advice Please!

If they can make ends meet on 2-3% real returns why were they ever in a 60/40 portfolio in the first place? Seems excessive - personally I would have recommended 40-40-20 at most
by kellyfj
Wed Nov 27, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: Bench press and weights
Replies: 59
Views: 4263

Re: Bench press and weights

If starting out pretty much anything you buy at Dicks Sporting Goods will be fine.

Rogue, Eleiko etc. at this stage is way too much.

In the end it's less about the equipment and more about the commitment to building a habit to last the rest of your life . . . .

Frank
by kellyfj
Mon Aug 05, 2019 4:15 pm
Forum: Investing - Theory, News & General
Topic: Entire German Bond Yield curve is in negative territory
Replies: 2
Views: 704

Entire German Bond Yield curve is in negative territory

Mohamed El-Erian (of PIMCO fame) posted on Twitter https://twitter.com/elerianm/status/1158457504734429184 With today's move, the entire yield curve for government #bonds in #Germany closed at negative levels. This will take the stock of negative-yielding bonds worldwide to some $15 trillion. Any th...
by kellyfj
Fri Jun 28, 2019 10:45 am
Forum: Personal Investments
Topic: What percentage of total portfolio in REIT's do you have? Why? . . Why not?
Replies: 229
Views: 20297

Re: What percentage of total portfolio in REIT's do you have? Why?

I've been a follower of Paul Merriman's Ultimate Buy and Hold portfolios for some time (with his tilt towards small cap and on value and seeking to hold assets with limited correlation for further diversification) So I aim to have about 10% of my portfolio in REITs https://paulmerriman.com/best-in-c...
by kellyfj
Wed Jun 26, 2019 2:51 pm
Forum: Personal Consumer Issues
Topic: Going to Ireland in July
Replies: 24
Views: 1996

Re: Going to Ireland in July

My kids (Boy now 12, Girl now 14) have been going back with me every 2 years since they were born (I was born in Ireland and emigrated to USA in 1990s) My advice for an 8 year old is to consider In or Near Dublin 1) Tayto Park http://www.taytopark.ie/ 2) Newgrange https://www.newgrange.com/ 3) Dubli...
by kellyfj
Tue Jun 25, 2019 6:44 pm
Forum: Personal Investments
Topic: Retired: Don't want to outlive my funds
Replies: 65
Views: 8732

Re: Retired: Don't want to outlive my funds

My condolences on your loss. If the loss is truly recent < 12-18 months I'd suggest you consider talking to someone about your loss e.g a social worker or perhaps a therapist. Often when someone experiences a terrible loss they'll experience depression or depression-like symptoms which can result in...
by kellyfj
Sun May 19, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Aiming to Retire End of 2019 - Abit Scared
Replies: 48
Views: 7460

Re: Aiming to Retire End of 2019 - Abit Scared

Two things jumped out at me His Age: currently 59, will be age 60 upon retirement Her Age: currently 57, will be age 58 upon retirement and We have run Firecalc w/3% inflation and get 100% with some monies left over for a 30 year projection. I believe the stats are now that any couple aged 65 now, t...
by kellyfj
Fri May 10, 2019 3:12 pm
Forum: Personal Investments
Topic: [Is age 61 too late in life to begin funding a Roth 401k?]
Replies: 22
Views: 2808

Re: [Is age 61 too late in life to begin funding a Roth 401k?]

I’m with Celia: “just some tax diversification” is much more important than slicing and dicing. At age 47 I'm a little over half way through my work career so I'm cautiously optimistic that my next job will have Roth 401k access. Until then I'll put some extra cash aside and the next time we suffer...
by kellyfj
Fri May 10, 2019 1:19 pm
Forum: Personal Investments
Topic: [Is age 61 too late in life to begin funding a Roth 401k?]
Replies: 22
Views: 2808

Re: [Is age 61 too late in life to begin funding a Roth 401k?]

Yeah I could but the fund selection in my 401k is not great - I like to Slice and Dice but I only have access to Vanguard Target Retirement funds and a few other funds with high ER (not from Vanguard of course!). I guess I'm a bit lazy but I don't want to give up my slice and dice portfolio just to ...
by kellyfj
Fri May 10, 2019 12:56 pm
Forum: Personal Investments
Topic: [Is age 61 too late in life to begin funding a Roth 401k?]
Replies: 22
Views: 2808

Re: [Is age 61 too late in life to begin funding a Roth 401k?]

Diversity in all things - including having pre-tax or post-tax assets.

I *WISH* I had access to a Roth 401k - I earn too much for a Roth IRA and have too much in Traditional IRAs so conversion (via backdoor) would be very expensive and/or long timewise.
by kellyfj
Mon Mar 04, 2019 1:46 pm
Forum: Personal Investments
Topic: Investment advice for 21 year old
Replies: 20
Views: 1508

Re: Investment advice for 21 year old

I'd say 1) Save 20% of your take home pay - adjust all costs (esp. rent) to make this 2) Of that put half (10% of income) into a Money Market for an emergency fund 3) The other half (10%) into your 401k (matched or not) - ideally some target date fund 4) Every pay increase - add 1% of income to your...
by kellyfj
Wed Jan 16, 2019 7:32 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 61906

Re: John Bogle is dead at 89

God bless you Sir! Rest in peace!
by kellyfj
Sun Dec 30, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3797

Re: College Inflation rate?

One of my favorite quotes is "if something can't continue it will stop" and I think this applies to the inflation rate in college tuition. As an engineer I have watched starting salaries roughly track inflation since I graduated in 1984 while college costs have greatly outpaced inflation. At some p...
by kellyfj
Sun Dec 30, 2018 8:27 am
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3797

Re: College Inflation rate?

We have been saying that for about 30 years now:) Someday it might even be true. There is some learning where tech helps a lot. A lecture for 150 students is about the same in person and over the net to a class of 1500. A lab class where you are running experiments with a 50k laser isn't something ...
by kellyfj
Sat Dec 29, 2018 9:23 am
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3797

Re: College Inflation rate?

Thanks everyone both http://www.tuitiontracker.org/ and https://www.commonfund.org/commonfund-institute/higher-education-price-index-hepi/ were exactly what I needed. The 3.7% inflation rate and the Sticker vs. Net Price are both super useful for planning - or at least understanding where things are...
by kellyfj
Fri Dec 28, 2018 8:52 am
Forum: Investing - Theory, News & General
Topic: College Inflation rate?
Replies: 59
Views: 3797

College Inflation rate?

Does anyone have any statistics that are (relatively) up to date (e.g. 2016/2017) about the current "inflation rate" of college costs for 4 year private or 4 year public?

Thanks in advance,

Frank
by kellyfj
Wed Jun 13, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: Limited impact of Quantitative Tightening on bond yields?
Replies: 0
Views: 365

Limited impact of Quantitative Tightening on bond yields?

As the US Federal Reserve accelerates it's quantitative tightening I am surprised to see an analysis suggesting only a limited impact on bond yields . . .as the cap moves higher, balance sheet normalization will likely steepen the yield curve with long-term Treasury yields increasing by an estimated...
by kellyfj
Sat May 26, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Minor car accident two years ago. How long till clear record?
Replies: 14
Views: 1729

Re: Minor car accident two years ago. How long till clear record?

In MA with Liberty Mutual the look back is 7 years - even for "incidents" where you get a ticket for not having an Environmental Sticker!
by kellyfj
Fri May 11, 2018 12:47 pm
Forum: Personal Investments
Topic: What would you do to lower our oversized emergency fund?
Replies: 35
Views: 4412

Re: What would you do to lower our oversized emergency fund?

Over $300k in taxable . . . . hmmm

I like #3 increase and max out tax deferred deductions
OR
#4 Payoff principal while refinancing into a shorter term mortgage
Also try to boost those 529 monthly contributions
Or some of all of the above

My 2 cents

-Frank
by kellyfj
Tue Jan 09, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1963

Re: Recommendations for 72 hours in Dublin, Ireland

With 72 hours you have enough time for a quick trip to Glendalough in County Wicklow. The drive through Wicklow alone will be worth it. Wicklow is known as the "Garden of Ireland" Bus driving time is about 1 hour each way but in gorgeous areas. I think the bus can also take in the Powerscourt Garden...
by kellyfj
Wed Nov 29, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: Older Software Engineer Advice ~ Languages?
Replies: 41
Views: 4561

Re: Older Software Engineer Advice ~ Languages?

45 yo Software Engineer here based out of Boston I'd suggest Java for the current number of jobs and Python for the growth Ruby seems to be shrinking (replaced by Python it seems) Scala seems to have flatlined Golang is not clear JavaScript is still popular but doesn't seem to be growing (and it's m...
by kellyfj
Wed Aug 23, 2017 2:34 am
Forum: Personal Consumer Issues
Topic: Weightlifting Equipment for Home Gym
Replies: 54
Views: 11670

Re: Weightlifting Equipment for Home Gym

I'm shocked no-one has mentioned Kettlebells so far. I'm in love with KBs - they can really hit a nice sweet spot for cardio or work muscles in different ways from the traditional barbell/dumbell combo. I have a gym membership ($21 a month) and it has all the usual gear - barbells, dumbbells, squat ...
by kellyfj
Fri Aug 04, 2017 5:52 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 968
Views: 134071

Re: A poll: How much money do you want to retire?

Age 45 now targeting $5.5m at age 65 for 85% income coverage (Calculations based on running a number of calculators and taking the median plus extrapolating my income and multiplying by 12) In all likelihood once kids are out of college (Age 57 for me) we can start to revisit these calculations as I...
by kellyfj
Fri Aug 04, 2017 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Any Software Engineer Here, who went part time and cut down #of Hr.
Replies: 18
Views: 2505

Re: Any Software Engineer Here, who went part time and cut down #of Hr.

I would skip part time and recommend you become a contractor instead - being a Software Engineer myself (for 20 years) and now a team manager I need my team all on the same page at the same time as much as possible. I could handle some folks on a 4 days a week schedule but frankly we really need eve...
by kellyfj
Fri Aug 04, 2017 5:29 am
Forum: Investing - Theory, News & General
Topic: Why Do Stocks Keep Hitting Records? msn/WSJ
Replies: 25
Views: 4826

Re: Why Do Stocks Keep Hitting Records? msn/WSJ

Maybe the answer is, if people pile into mostly (large cap blend) indexes to start to buy other indexes :-) https://www.callan.com/wp-content/uploads/2017/01/Callan-PeriodicTbl_KeyInd_2017.pdf We may also need some changes here in the US to persuade more small companies to go public and/or dissuade ...
by kellyfj
Sun Jul 23, 2017 6:51 pm
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 146
Views: 16850

Re: Is Amazon Prime worth it?

I'll concur with others - it's worth it if your time is valuable enough to you - I just love the fast and free shipping and another bonus is the Video selection which is pretty good and a nice adjunct to Netflix. I've been an Amazon customer since 1996 and now do about 100 separate orders a year inc...
by kellyfj
Wed Jul 12, 2017 5:36 pm
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 51
Views: 8164

Re: Cutting the Cord: Who's Best?

Another Sling TV fan here too - combined with a Roku device and you can hook up to Amazon Prime, YouTube and HBOGO as well. My ideal cord cutting setup - Broadcast TV antenna (one time cost) - Sling Blue TV ($25 a month) - Netflix for the kids ($10 a month) - HBO Now ($15 a month) - Fast Internet Co...
by kellyfj
Fri Jul 07, 2017 7:20 am
Forum: Personal Consumer Issues
Topic: Managing kid's internet use
Replies: 48
Views: 7534

Re: Managing kid's internet use

Bump I tried Qustodio on a free trial but it blocked Netflix entirely so it was a non-starter. I've been considering NetNanny ($60 per year for 5 devices) or Circle (a $100 device plus $10 a month). Any Boglehead reviews of NetNanny, Circle or OpenDNS? However based on the reviews of both NetNanny/C...
by kellyfj
Sun Apr 23, 2017 8:13 am
Forum: Investing - Theory, News & General
Topic: Ally Bank Just Raised 5yr CD to 2.25%
Replies: 28
Views: 5427

Re: Ally Bank Just Raised 5yr CD to 2.25%

I'm a big fan of Vanguard Short-Term Corporate Fund https://personal.vanguard.com/us/funds/snapshot?FundId=1945&FundIntExt=INT Yielding 2.18% right now. Rates will continue to rise slowly but likely so will these yields (eventually). So much can happen over the next five years I wouldn't go locking ...
by kellyfj
Thu Apr 20, 2017 5:47 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 445
Views: 70006

Re: Larry Swedroe says "Goodby."

Thanks Larry for all your help and advice
by kellyfj
Sat Apr 15, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Carrying a mortgage into retirement
Replies: 39
Views: 6177

Re: Carrying a mortgage into retirement

I assume this is a 30 year mortgage - you didn't specify. But I'd be thinking about the chances of another stock market dive of 25-50% in the next four years and what does that do to your plans. I'd also be confirming the viability of that Pension - a Pension from an Airline is gonna have different ...
by kellyfj
Sat Apr 08, 2017 10:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard Taking-In $2 Billion a Day in New Cash
Replies: 30
Views: 6548

Vanguard now taking in $2B a day

[Merged into existing thread - moderator prudent]

This is amazing
https://www.bloomberg.com/news/videos/2 ... cash-video

and perhaps a little scary although I am not sure why
by kellyfj
Fri Mar 17, 2017 4:54 am
Forum: Investing - Theory, News & General
Topic: Why don't things "feel" bubbly?
Replies: 76
Views: 11289

Re: Why don't things "feel" bubbly?

Maybe I'm different but this "feels" super bubbly to me and has done for 18 months . . . well my "feels bubbly" is based off numbers not "feelings" really. So when I hit my age 2017 targets back in 2015 - when stock prices were high and when bond prices were high I put all new 401k contributions in ...
by kellyfj
Sun Mar 12, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 263
Views: 41956

Re: How Much in Your Emergency Fund And Is It Used?

Now at $50k E-Fund (6 months expenses) Over the past few years I had to hit it up for - Special Needs Services for one of my children ($14k) - Lawyers for Special Needs services ($6k) - Lawyers and Engineers for basement flooding due to nearby construction changing water table($5k) - Large coinsuran...
by kellyfj
Mon Feb 13, 2017 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking reputable Boston Metro Financial Advisor
Replies: 0
Views: 412

Seeking reputable Boston Metro Financial Advisor

I've been helping my Mother-in-law for the past few years - consolidating all her money at Vanguard, choosing investments etc. But she's reached the point (70.5) where she has RMDs from her 401ks/IRAs and has a lot more in Taxable funds than in Non-taxable. Plus the onus on me to keep her financial ...
by kellyfj
Tue Dec 20, 2016 6:26 pm
Forum: Personal Consumer Issues
Topic: Your fava 70% dark chocolate brand?
Replies: 40
Views: 4787

Re: Your fava 70% dark chocolate brand?

Nisi - OMG I *live* in Somerville (other side of Tufts) - are you in the area? Feel free to PM me. Taza Chocolate Mexican style disks... any flavor. Their Cacao Puro disks are 70% cacao. They also have an 85% super dark. These disks are actually intended for making (liquid) chocolate, but my wife an...
by kellyfj
Tue Nov 08, 2016 4:22 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo
Replies: 88
Views: 21655

Re: Amazon Echo

We got our Echo about 9 months ago and love it - great for weather, time, radio, music, recipes, check your calendar you name it. Not a "must have" but very cool and great companionship. My wife is not a techy at all and loves it. My kids think it is another part of the family. We also just purchase...
by kellyfj
Mon Sep 12, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: What unexpected event in life has dented your personal finance?
Replies: 13
Views: 2773

Re: What unexpected event in life has dented your personal finance?

Having a child diagnosed with lifelong special needs. Wife had to give up her job. Health costs skyrocketed - $10k+ per year not covered (Several health insurance companies consider "biological" brain problems not covered). Then had to hire an educational advocate and then a lawyer. Was about to spe...
by kellyfj
Sun Aug 21, 2016 5:06 pm
Forum: Non-US Investing
Topic: Delimma for Irish investor
Replies: 5
Views: 722

Re: Delimma for Irish investor

I myself an an Irish ex-pat in the USA. Been here 21 years. Had no clue the tax rates in Ireland had gotten so onerous but I am sure the Troika had something to do with it to fund the bank bailout. No direct answer to your question but with 5000 euro to invest every month ever consider emigrating an...
by kellyfj
Fri Jul 08, 2016 5:59 pm
Forum: Investing - Theory, News & General
Topic: This time it *IS* different - Treasury yields at all time lows, S&P near all time highs
Replies: 32
Views: 5886

This time it *IS* different - Treasury yields at all time lows, S&P near all time highs

10 Year Treasury yields close at record lows 1.366% and the S&P 500 near record highs http://www.marketwatch.com/story/sp-500-near-record-highs-treasury-yields-at-lows-somethings-gotta-give-2016-07-08 Who is "right"? The extreme "pessimism" of bond buying or the extreme "optimism" of stock buying. O...
by kellyfj
Sun Jun 26, 2016 11:30 am
Forum: Investing - Theory, News & General
Topic: Jason Zweig: The More It Hurts, the More You Make
Replies: 35
Views: 8367

Re: Jason Zweig: The More It Hurts, the More You Make

IMNSHO no-one else is leaving the EU. The small countries (e.g. Ireland) or those in financial trouble (e.g. Greece) NEED the EU for support. The big countries (esp. Germany, France) need the market access. Britain was strong, was not on the Euro and didn't really need the market access. I don't see...
by kellyfj
Sun May 08, 2016 10:42 am
Forum: Personal Investments
Topic: Don't need RMD for Trad IRA - Do a Roth conversion?
Replies: 19
Views: 1566

Re: Don't need RMD for Trad IRA - Do a Roth conversion?

OK so it sounds like since RMDs push her into the 25% tax bracket it might make sense to convert some of the money up to whatever space is left in the 25% tax bracket and do so on a yearly basis.

-Frank