Search found 224 matches

by zeal
Sat May 16, 2020 5:10 am
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10352

Re: Please tell me I'm not crazy

I think it's safe to say that everyone is agreeing with your wife and recommending at least a compromise--her security is more important than your FOMO. Any money that's intended for "the next 2-5 years" timeline should not be invested in the stock market. It is too volatile and chances are that, wh...
by zeal
Fri May 15, 2020 9:31 pm
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10352

Re: Please tell me I'm not crazy

Can't do it, sorry. Happy wife, happy life. The gains on 2-months'-worth of living expenses isn't worth an argument with my wife. If she likes the "6 months" number then keep 6 months' out of the market for your rainy day fund. Or maybe you both could compromise and hold 5 months'. Do you have to se...
by zeal
Fri May 15, 2020 6:26 pm
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6286

Re: WFW (Work from Wherever)

For what it is worth, we are planning on executing on exactly what you suggested. We're working on finding a place in the mountains for a couple of months. As long as I get my work done, they could not care less where I am. Fact is, they won't even know where I am, but I'll let them know regardless...
by zeal
Thu May 14, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1474
Views: 169649

Re: What frugal thing did you do today?

@Zeal LOL, prompts so many questions. But to limit a to a few: 1. Do you limit 1 square per visit? 2. Do you use both sides? 3. Could you accelerate "winning the game" if you installed a bidet? May benefit by International Diversification of at least partial bidet use. 4. Do you include TP in your ...
by zeal
Thu May 14, 2020 5:13 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1474
Views: 169649

Re: What frugal thing did you do today?

So today I changed to a new roll of TP. Nothing frugal about that... Except that I noted the date I last changed the roll (Apr 25) to determine how often I go through them. Estimating that my wife uses more than me, I figure we go through ~7 rolls a month since we have no visitors these days. I did...
by zeal
Thu May 14, 2020 4:34 am
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7587

Re: Should you include home equity in Net Worth?

I include Zillow "zestimate" as an asset and mortgage balance as a liability in our net worth calculation. We love this house and hope to stay here forever--no plans to sell. I keep track of net worth simply to keep track of it... I like to plot it on a two-line line graph: actual vs. projected.
by zeal
Wed May 13, 2020 5:42 am
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6286

Re: WFW (Work from Wherever)

I've worked from home for the past 5 years. If traveling for a working vacation, always make sure you have wifi or a mobile hotspot at your destination before you go. I'd agree with other posters--outside the US will be a pain for the near future, but anywhere in driving distance is certainly fair g...
by zeal
Sun May 10, 2020 6:14 am
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer? Cheapest mortgages?
Replies: 9
Views: 1054

Re: Advice for first time homebuyer? Cheapest mortgages?

Correct, that's 3.5% down payment, not interest rate. I'll tell him to look at PenFed & Bankrate. I got my first mortgage via FHA loan in 2013 and it also worked out well for me--I'll share your story with him too, rooms.

Thanks all!
by zeal
Sat May 09, 2020 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Advice for first time homebuyer? Cheapest mortgages?
Replies: 9
Views: 1054

Advice for first time homebuyer? Cheapest mortgages?

I have a friend who will be buying his first house. Is there a general consensus best/cheapest mortgage rates hub? When I bought my houses, I always just went with one of the lenders my real estate agent recommended. Also, any advice you could recommend for him? He plans to buy this year and his fia...
by zeal
Thu May 07, 2020 10:11 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1474
Views: 169649

Re: What frugal thing did you do today?

So today I changed to a new roll of TP. Nothing frugal about that... Except that I noted the date I last changed the roll (Apr 25) to determine how often I go through them. Estimating that my wife uses more than me, I figure we go through ~7 rolls a month since we have no visitors these days. I did ...
by zeal
Tue May 05, 2020 10:05 pm
Forum: Personal Consumer Issues
Topic: Is there anything more environmentally friendly than Drano for unclogging a drain?
Replies: 80
Views: 4783

Re: Is there anything more environmentally friendly than Drano for unclogging a drain?

Unscrew the plug and remove the hair ball with your fingers? +1 I do this with a pair of pliers and it lasts a lot longer than Drano. I use old metal coat hanger - I can make it any shape and any length I want, with the hook at the end pulling stuff up. Works like a charm. +1 The wire coat hanger i...
by zeal
Tue May 05, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage in 2 years or max out 401k
Replies: 34
Views: 1984

Re: Payoff Mortgage in 2 years or max out 401k

Same answer as everyone else... 401k & backdoor Roth would be my first priority, then mortgage. Possibly even a taxable investment account before extra payments on the mortgage. A 3.625% interest rate is not bad at all, especially if you believe your investments will perform at a better rate. Inves...
by zeal
Tue May 05, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage in 2 years or max out 401k
Replies: 34
Views: 1984

Re: Payoff Mortgage in 2 years or max out 401k

Same answer as everyone else... 401k & backdoor Roth would be my first priority, then mortgage. Possibly even a taxable investment account before extra payments on the mortgage. A 3.625% interest rate is not bad at all, especially if you believe your investments will perform at a better rate. Opport...
by zeal
Sun Feb 16, 2020 6:19 am
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10445

Re: Thoughts on Charlie Munger's recent comments?

My thoughts... He could be right. However, I think the status of the market only matters to someone who is trying to time the market. Not my forte, so Charlie's speculation doesn't really apply to my portfolio. Hope he's right for the sake of all those who follow his advice.
by zeal
Sat Feb 15, 2020 6:50 am
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 518
Views: 70132

Re: Your USER NAME...what does it mean?

I have a tendency to obsess and attack things with 200% focus/fervor/tenacity--my financial spreadsheets being Exhibit A. I'm also a Christian so I wanted to choose a name with a slight religious implication. In reality I'm not much of a zealot when it comes to religion--I mostly let people do peopl...
by zeal
Wed Feb 12, 2020 9:48 am
Forum: Personal Investments
Topic: New Married Couple Portfolio Advice
Replies: 21
Views: 1826

Re: New Married Couple Portfolio Advice

Yes, the placement of funds looks quite correct. International and Bond funds in your 401k, and Roth / HSA / Taxable in VTSAX. Simple. Elegant. Thank you, so for the 40% of the portfolio that is in domestic stocks within my 401k, does the proposed 25% S&P500/15%Small-Mid cap mimic the total market ...
by zeal
Wed Feb 12, 2020 9:30 am
Forum: Personal Investments
Topic: New Married Couple Portfolio Advice
Replies: 21
Views: 1826

Re: New Married Couple Portfolio Advice

Yes, the placement of funds looks quite correct. International and Bond funds in your 401k, and Roth / HSA / Taxable in VTSAX. Simple. Elegant. Thank you, so for the 40% of the portfolio that is in domestic stocks within my 401k, does the proposed 25% S&P500/15%Small-Mid cap mimic the total market ...
by zeal
Tue Feb 11, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7944

Re: What do you/did you spend your bonus on?

My past bonuses haven't been above 4 figures and they always come around Christmas time when it's pretty easy to spend money. I usually plan to put half of it in savings/retirement and spend the rest on gifts for family and friends. Typically what happens though is that 90% of it gets saved. This pa...
by zeal
Tue Feb 11, 2020 12:42 pm
Forum: Investing - Theory, News & General
Topic: Why are you holding bonds
Replies: 161
Views: 11665

Re: Why are you holding bonds

I hold bonds because I look at my portfolio at least once a week, sometimes even daily. I'm still young and learning so I like to watch what my money does. What I've watched over the last couple years is that the value of our stock holdings fly wildly up and down while the value of our bond holdings...
by zeal
Mon Feb 10, 2020 11:03 pm
Forum: Investing - Theory, News & General
Topic: I have a wild [asset allocation] theory. Poke some holes in it.
Replies: 39
Views: 6543

Re: I have a wild theory. Poke some holes in it.

Really great points from all responses, thanks for your feedback. I enjoyed reading the links to Rick Ferri's Flight Path Approach and reading about Zvi Bodie was very new to me as well. Agreed--it is essentially building up a giant emergency fund (or maybe a "behavioral buffer" is a good term) init...
by zeal
Mon Feb 10, 2020 10:15 am
Forum: Investing - Theory, News & General
Topic: I have a wild [asset allocation] theory. Poke some holes in it.
Replies: 39
Views: 6543

I have a wild [asset allocation] theory. Poke some holes in it.

Heavy bond allocation upon initially beginning investing. 50/50 asset allocation or greater, perhaps even 0/100 stocks/bonds. Once the $ amount of bonds equals a comfortable number, then all future contributions go to stocks (whatever your desired US/Int'l split is). My "comfortable number" for exam...
by zeal
Wed Jan 29, 2020 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Torn Between Aggressive Home Payoff or Investing
Replies: 67
Views: 6665

Re: Torn Between Aggressive Home Payoff or Investing

Say you have a loan at 3% interest and enough extra monthly cashflow to pay it off in 10 years with extra principal payments. If you instead invest the money and it earns an average of 4% annually, then in 9 years you have enough money to pay the loan off in full if you want to. I made these numbers...
by zeal
Mon Jan 27, 2020 7:10 am
Forum: Investing - Theory, News & General
Topic: Do you prefer etfs or mutual funds?
Replies: 271
Views: 9499

Re: Do you prefer etfs or mutual funds?

Mutual funds for me, mainly because I choose simplicity and I don't really understand ETFs. Also, I like that I can buy fractional shares so that all of the cash I have allocated toward investing is actually invested. And another thing, tax is of little-to-no-consequence to me since all of my invest...
by zeal
Fri Jan 24, 2020 8:53 am
Forum: Personal Investments
Topic: New to investing, looking for advice
Replies: 21
Views: 1325

Re: New to investing, looking for advice

Welcome to Bogleheads--glad you're here. It is unfortunate that you guys have so much owed in student loans, but, on the bright side, you have a great income. When I was fresh out of college, I owed more than my income in student loans too--I know the feeling you have. Don't worry, you can handle it...
by zeal
Fri Jan 24, 2020 6:46 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217503

Re: Fidelity as a one stop shop

My wife and I do essentially everything at Fidelity. We have direct deposit, debit, credit and checking. But they are all tied to our investment account, there is no CMA. The cash balance is about 6 months savings, essentially our emergency fund, and sits in SPAXX, which is earning about 1.4% inter...
by zeal
Thu Jan 23, 2020 8:14 am
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 356
Views: 37919

Re: Anyone Deleting Facebook?

I deleted the Facebook app from my phone ages ago, but installed the Messenger app. No notifications from Facebook ever this way (even if you turn off notifications, they still send them to you). If someone needs to reach me & doesn't have my number, they can find me on Messenger. I look at Facebook...
by zeal
Thu Jan 23, 2020 7:48 am
Forum: Personal Finance (Not Investing)
Topic: What did you do cool with your money today?
Replies: 125
Views: 10276

Re: What did you do cool with your money today?

I didn't spend any money on it, but today I found some old spreadsheets on my computer. I made them when I was broke and first learning about money. They're roughly 10 years old and I had made projections out to my age now. I planned to get into residential rental properties even though I have no in...
by zeal
Thu Jan 23, 2020 7:16 am
Forum: Personal Consumer Issues
Topic: App for bodyweight exercise
Replies: 11
Views: 1153

Re: App for bodyweight exercise

I use Google Sheets if I want to track my workout progress.
by zeal
Thu Jan 23, 2020 6:48 am
Forum: Personal Finance (Not Investing)
Topic: $2 million at a young age
Replies: 78
Views: 8916

Re: $2 million at a young age

I took a personal finance class in college and Dave Ramsey's Financial Peace University at my local church. Before those two classes, I knew next to nothing about money. Shortly afterwards, I found Bogleheads which helped me understand the finer details of managing my finances. Spend some time here ...
by zeal
Thu Dec 05, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Favorite stock(s) and why
Replies: 131
Views: 8393

Re: Favorite stock(s) and why

My favorite one is the one in my ESPP. Not favorite enough to hold any longer than I have to though. I sell immediately once it's awarded, then contribute the profit to my Roth IRA to buy FSKAX. Sorry. If I were to hold individual stocks for a longer term I would probably choose Microsoft or Apple.
by zeal
Fri Nov 15, 2019 9:37 am
Forum: Personal Investments
Topic: New to investing, starting a roth ira at 46
Replies: 26
Views: 2262

Re: New to investing, starting a roth ira at 46

Take a look at this post as to the type of information useful for giving portfolio advice: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 +1 This will really help the forum members give you the best advice. FYI, the annual maximum you can contribute to a Roth IRA right now is $6k (which ...
by zeal
Fri Nov 15, 2019 9:29 am
Forum: Personal Investments
Topic: Widow and investments
Replies: 39
Views: 4250

Re: Widow and investments

I’m sorry for your loss. I don’t have a whole lot to contribute, but just want to leave you with some encouragement as well and follow along with your story here. Your spouse left you in a good financial situation, so don’t stress too much about it and don’t feel like you need to make changes immedi...
by zeal
Mon Nov 11, 2019 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217503

Re: Fidelity as a one stop shop

Thanks for the input! I had thought about routing everything through the CMA as you do, in fact that was my original plan. After reading of a couple of instances where there were issues with the overdraft hiccuping on certain holidays I decided to be extra cautious and just have everything hit the ...
by zeal
Sun Nov 10, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3735

Re: Question for Car experts - how urgent/important are these maintenance items

I recently took my '06 Corolla in for an oil change and was given both of those recommendations. I politely said no thanks, then read up on it later in my manual, read various internet forums, and asked my friend who is an engineer and has been a hobby mechanic his entire life. Upon what I learned ...
by zeal
Sun Nov 10, 2019 7:18 am
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3735

Re: Question for Car experts - how urgent/important are these maintenance items

I recently took my '06 Corolla in for an oil change and was given both of those recommendations. I politely said no thanks, then read up on it later in my manual, read various internet forums, and asked my friend who is an engineer and has been a hobby mechanic his entire life. Upon what I learned ...
by zeal
Sun Nov 10, 2019 4:53 am
Forum: Personal Consumer Issues
Topic: "Beer Money" Methods
Replies: 54
Views: 7623

Re: "Beer Money" Methods

I use Honey when doing online shopping. This Chrome extension/app searches the web for any promotional codes and tries them all to find the best deal on whatever it is you're buying. It also allows you to "save" an item so it will notify you of a price drop. On top of that they have some kind of poi...
by zeal
Sat Nov 09, 2019 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1584
Views: 217503

Re: Fidelity as a one stop shop

Firstly I wanted to thank everyone that's contributed this thread, I've decided to take the plunge and consolidate my accounts with Fidelity. My idea is to setup 3 accounts: CMA (ATM Only) Brokerage A ("Checking" - direct deposit, credit card payments, payments that don't accept credit cards) Broke...
by zeal
Sat Nov 09, 2019 11:24 pm
Forum: Personal Consumer Issues
Topic: Question for Car experts - how urgent/important are these maintenance items
Replies: 36
Views: 3735

Re: Question for Car experts - how urgent/important are these maintenance items

I recently took my '06 Corolla in for an oil change and was given both of those recommendations. I politely said no thanks, then read up on it later in my manual, read various internet forums, and asked my friend who is an engineer and has been a hobby mechanic his entire life. Upon what I learned a...
by zeal
Mon Oct 14, 2019 7:59 am
Forum: Personal Investments
Topic: Helping 23-year-old with first 401K: 2 questions
Replies: 17
Views: 1169

Re: Helping 23-year-old with first 401K: 2 questions

My daughter is beginning her first "real" job post-college, with matching 401k offered. Separately, she has a Roth IRA with Vanguard. She will begin by putting 15 percent of her income into retirement savings. 1) Should she put all 15 percent into her new 401k, or just put in up to what her employe...
by zeal
Tue Oct 08, 2019 6:15 am
Forum: Personal Investments
Topic: Desperately In Need Of Advice
Replies: 19
Views: 3151

Re: Desperately In Need Of Advice

You've already gotten some great advice here. The If You Can PDF ( linked here ) by William Bernstein is an excellent, very short and informative read to give you all the basic info that you are hoping to receive from an advisor--save yourself $375 and instead spend an hour (or probably less) readin...
by zeal
Mon Oct 07, 2019 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital website?
Replies: 26
Views: 2631

Re: Personal Capital website?

I've used both before, currently use neither (dropped PC several weeks ago). Mint is mostly focused on budgeting/cash flow tracking/analysis, while Personal Capital is geared more toward investments and net worth tracking. I liked PC more but after a certain point just decided to keep track manually...
by zeal
Mon Oct 07, 2019 8:24 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 1474
Views: 169649

Re: What frugal thing did you do today?

Time to change the oil in my '06 Corolla and I decided to save a little time and let someone else do it for me. I took it to one of those SpeeDee/Jiffy Lube type places, where they promptly told me what other things were wrong with it as they changed the oil--serpentine belt is cracked, and mileage/...
by zeal
Sat Oct 05, 2019 6:26 am
Forum: Investing - Theory, News & General
Topic: How many are switching from Fidelity?
Replies: 140
Views: 17463

Re: How many are switching from Fidelity?

Another no here. ESPP is at Fidelity, awarded quarterly so I only make one trade per quarter. I'm not going to overcomplicate things to save $20/year.
by zeal
Thu Oct 03, 2019 9:09 pm
Forum: Personal Investments
Topic: Currently invested in 100% stock
Replies: 138
Views: 16163

Re: Currently invested in 100% stock

...I invest in each account with every paycheck, and allocations are currently 100% stock ( 500 index funds )... Does this mean you invest solely in a single S&P 500 index fund, or that you invest in 500 individual index funds? I think I know the answer but just for clarity please confirm... Also, ...
by zeal
Wed Oct 02, 2019 7:08 pm
Forum: Personal Investments
Topic: I pulled out... How do I get back in?
Replies: 100
Views: 14010

Re: I pulled out... How do I get back in?

[OT comment removed by admin LadyGeek]

Just get back in at the earliest opportunity like we all try to do. The market is a fickle thing but you gotta commit to it if you want the rewards, none of this on-again off-again type stuff. Best of luck.
by zeal
Tue Oct 01, 2019 9:42 pm
Forum: Personal Investments
Topic: 401k fund help! 25 y/o
Replies: 6
Views: 792

Re: 401k fund help! 25 y/o

My 401k, like yours, doesn't offer a total US stock market index fund. I use the S&P500 index fund and don't bother with the additional small-/mid-cap stuff for simplicity's sake. In my mind, total market vs S&P500 are close enough that it doesn't really matter much--your choices look good to me (I'...
by zeal
Wed Sep 25, 2019 7:30 am
Forum: Personal Consumer Issues
Topic: Buying a home with unpermitted addition
Replies: 59
Views: 6743

Re: Buying a home with unpermitted addition

We originally looked at the home without having our own Realtor, only talking to the sellers' Realtor who disclosed the non-permitted room to us. I called the city and the the building department said it would cost about $2,000 for an "as-built" permit, I think it was called, and that this situatio...
by zeal
Wed Sep 25, 2019 5:57 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11694

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

Hi Everyone, Update: I notified my manager yesterday, Monday and I was surprised that he didnot let me go yesterday. He called me back and asked why am I leaving ? I said that I am very concerned with the outsourced company culture and not extending my contract date beyond 1 year. so 'uncertainty' ...
by zeal
Wed Sep 25, 2019 5:49 am
Forum: Personal Investments
Topic: What to do next with our money
Replies: 22
Views: 4505

Re: What to do next with our money

You should max out your retirement accounts before you invest in a taxable account. This means the full $19k each in the 401ks and $6k each in Roth IRAs (higher if age 50 or older). I'd probably then pay off the non-mortgage debt prior to investing in a taxable account. +1 A bit shocked it took so ...
by zeal
Sat Sep 21, 2019 6:34 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11694

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

I would give two weeks notice if I were quitting, regardless of whether or not money is on the line. It's just money. It's not just about reputation, it's about integrity. I'd rather be in a bad situation and happy with my choices than in a good situation and unhappy with my choices. Doesn't matter ...