Search found 194 matches

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: 1975

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: 33
Views: 3356

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: 1210
Views: 150245

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: 3339

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: 3339

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: 6872

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: 1210
Views: 150245

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: 3339

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: 1085

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: 3003

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: 2398

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: 1082
Views: 121483

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: 16027

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: 130
Views: 14035

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: 13498

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: 703

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: 6278

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: 11258

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: 4379

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: 11258

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 ...
by zeal
Wed Sep 18, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1210
Views: 150245

Re: Fidelity as a one stop shop

Is there potential for an unintended Roth IRA interaction here? I'm under the impression that you can't make Roth contributions directly from a taxable brokerage- but instead have to withdraw it (From the taxable brokerage account) to a banking institution then fund the Roth through that (though in...
by zeal
Wed Sep 18, 2019 6:18 am
Forum: Personal Investments
Topic: Retirement Planning
Replies: 8
Views: 1305

Re: Retirement Planning

As a heads up, most Bogleheads do not recommend placing bonds in a Roth. You may want to check out Tax-efficient fund placement on the wiki for more info, but typically Bogleheads keep bonds in tax-deferred accounts and prefer stocks in Roth accounts. Also, here is the link to Asking Portfolio Quest...
by zeal
Sat Sep 14, 2019 5:08 am
Forum: Personal Investments
Topic: Should I change allocations
Replies: 16
Views: 1340

Re: Should I change allocations

Another in agreement--just pick any one of those four funds and allocate all of your current/future contributions to it. They are all good options (each are well-diversified, low-cost investments), but you only need one, so why not keep it simple? The difference between the 2045/2050 target date fun...
by zeal
Sat Sep 14, 2019 4:00 am
Forum: Personal Consumer Issues
Topic: How old is your cellphone?
Replies: 168
Views: 9591

Re: How old is your cellphone?

Side note: I can usually judge an "old phone" person by the type of case they have. What can you tell about us few who don't put their phone in a case? One or all of the following: 1) they have loads of money 2) they have phone insurance (see loads of money above) 3) they don't plan on keeping phon...
by zeal
Sat Sep 14, 2019 3:26 am
Forum: Personal Consumer Issues
Topic: Best Leaf Blower?
Replies: 70
Views: 4309

Re: Best Leaf Blower?

I have a Stihl professional backpack gas blower also and it takes a weekend's worth of raking down to a couple hours. I use it when others in the neighborhood are using theirs. On days that I mow first, I only need to use the blower for about 10 minutes--my yard takes about 1.5 hrs to mow, weedeat, ...
by zeal
Sun Sep 08, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

Thanks all--this has been very helpful for us. I went ahead and edited my original post with our decision based on all the advice so new readers don't need to read it all if they just want a succinct answer. Looking forward to seeing our retirement accounts grow even faster. :beer
by zeal
Sun Sep 08, 2019 9:47 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

Sure, it is nice to have it paid off, but it didn't fundamentally change anything, other than some more money flowing into post-tax investments, monthly. I'm not sure if it could be considered a 'fundamental change', but paying off a mortgage both reduces one's need for liquidity and increases one'...
by zeal
Sun Sep 08, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

It's a mistake in pure math terms to give up a tax deduction at your marginal federal rate to save your mortgage rate. So, that's the first thing. Second, if you can pre-pay a 30 year mortgage such that "We are refinancing and have enough extra each month to pay it off in 16 years" that means you s...
by zeal
Sun Sep 08, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

Thanks, cherijoh, a lot of great points here I hadn't really considered yet--especially that in the future cash equivalents could pay more than our low mortgage rate. After I talk it over with my wife, our first priority will be increasing contributions to our tax-advantaged accounts. My parents to...
by zeal
Sun Sep 08, 2019 9:29 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

Probably not the best long-term option, but we paid off a 30-year, 3.49% mortgage last October, only 5-years in. *Important note, during this time we continued to max out 403B, HSA and ROTH IRA. We did hold back a little bit on taxable, however. If we had to cut back on pre-tax options, we would no...
by zeal
Sun Sep 08, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

We are refinancing and have enough extra each month to pay it off in 16 years, and that has been our plan, but I recently have been rethinking it. Would a 15(or 20) year mortage at a lower interest rate be an option? If you have already been making mortage payments for 10 years then a new 15 year l...
by zeal
Sun Sep 08, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

If borrowing at 3.875% would you make extra principal payments, invest the extra income, or bit of both? Just curious what most here would do. We are refinancing and have enough extra each month to pay it off in 16 years, and that has been our plan, but I recently have been rethinking it. We are ~3...
by zeal
Sun Sep 08, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

We are refinancing and have enough extra each month to pay it off in 16 years, and that has been our plan, but I recently have been rethinking it. Would a 15(or 20) year mortage at a lower interest rate be an option? If you have already been making mortage payments for 10 years then a new 15 year l...
by zeal
Sun Sep 08, 2019 9:14 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

1. If tax advantaged accounts are not maxed out, I would absolutely invest instead instead of paying off the mortgage. More below. This message is loud and clear--shared by all the other posters too, so we'll definitely take you up on it! 2. I prefer the liquidity of investments that I can sell rig...
by zeal
Sun Sep 08, 2019 8:53 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

Good point. For diversification's sake we'll continue buying bonds, but since we're young and mortgaged we've chosen a very low bond allocation--we are definitely employing your advice here to an extent. Thanks, aristotelian. I don't see the point of diversification when it is guaranteed to be subo...
by zeal
Sun Sep 08, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

a lot depends on your financial picture. What is the current savings/investing rate?, Are you at or ahead of your savings/investing goal? any other debts or ones that will occur soon? etc. Assuming none of that is a major issue I favor paying off mortgages ahead of schedule in most cases assuming t...
by zeal
Sun Sep 08, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

Probably not the best long-term option, but we paid off a 30-year, 3.49% mortgage last October, only 5-years in. *Important note, during this time we continued to max out 403B, HSA and ROTH IRA. We did hold back a little bit on taxable, however. If we had to cut back on pre-tax options, we would no...
by zeal
Sun Sep 08, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

It's a mistake in pure math terms to give up a tax deduction at your marginal federal rate to save your mortgage rate. So, that's the first thing. Second, if you can pre-pay a 30 year mortgage such that "We are refinancing and have enough extra each month to pay it off in 16 years" that means you s...
by zeal
Sun Sep 08, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

We are ~30 years old and already invest 21% of our income, not including matches and her pension (26% if we do include these). We contribute enough for full matches. This suggests you are not yet maxing tax-advantaged accounts. IMO at your age socking more money into 401k, 403b, Roth IRAs will cont...
by zeal
Sun Sep 08, 2019 8:21 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

It's a mistake in pure math terms to give up a tax deduction at your marginal federal rate to save your mortgage rate. So, that's the first thing. Second, if you can pre-pay a 30 year mortgage such that "We are refinancing and have enough extra each month to pay it off in 16 years" that means you s...
by zeal
Sun Sep 08, 2019 8:14 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

I prioritize my investments over a mortgage near that rate. I'm significantly older than you, but I'm comfortable with the investment risk over the remaining time left on my mortgage (about 25 years). Upon reading your and others' posts, I'm becoming more comfortable with the idea as well. Thanks a...
by zeal
Sun Sep 08, 2019 8:11 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

We did some of each. One thing I would not do is buy bonds until the mortgage is paid off a at East while interest rates are so low. Good point. For diversification's sake we'll continue buying bonds, but since we're young and mortgaged we've chosen a very low bond allocation--we are definitely emp...
by zeal
Sun Sep 08, 2019 7:26 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

We contribute enough for full matches. Sounds like you haven't maxed retirement accounts. I would not pass up tax advantage space for paying down a 3.875% note. Correct--we still have room for more contributions to our tax-advantaged accounts. We contribute enough that we will "hit our number" in o...
by zeal
Sun Sep 08, 2019 7:17 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

I'm in a similar situation. Mortgage is 3.99% and I choose to invest instead of paying extra. It's a very personal decision that gets discussed here often. For me, my home value has increased quite a bit over the last 5 years so I would rather add stocks to my portfolio instead of home equity. Than...
by zeal
Sun Sep 08, 2019 7:09 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

Re: 3.875% fixed rate, 30-year mortgage: are you paying it off early?

It's very much an individual decision based on your goals and risk profile. If your current savings rate is going to comfortably get you to your goals, and it would make you feel better to pay down your mortgage, that's fine. If you think your investments may outperform 3.875% (tax deductibility ig...
by zeal
Sun Sep 08, 2019 6:25 am
Forum: Personal Finance (Not Investing)
Topic: 3.875% fixed rate, 30-year mortgage: are you paying it off early?
Replies: 93
Views: 4116

3.875% fixed rate, 30-year mortgage: are you paying it off early?

If borrowing at 3.875% would you make extra principal payments, invest the extra income, or bit of both? Just curious what most here would do. We are refinancing and have enough extra each month to pay it off in 16 years, and that has been our plan, but I recently have been rethinking it. We are ~30...
by zeal
Fri Sep 06, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Stressed Over Money 25 Yr. Old
Replies: 65
Views: 5189

Re: Stressed Over Money 25 Yr. Old

Do you have a spouse? How does s/he feel about all that overtime? And living with the parents? She is an on and off girlfriend. Didn’t plan on having a baby this young but it happened unexpectedly. All is good now and she makes me happy. My mom usually watches the baby when we are working so that i...
by zeal
Fri Sep 06, 2019 6:49 am
Forum: Personal Consumer Issues
Topic: Best college towns in the Southeastern US for retirees?
Replies: 80
Views: 9004

Re: Best college towns in the Southeastern US for retirees?

Curious, what is it about college towns that interests you? I've lived in the Roanoke, VA area for the past decade, starting out in Salem, VA where I went to Roanoke College. Small place, maybe 2000-3000 students, small class sizes and great education setting. The college is about a 1-minute walk fr...
by zeal
Wed Sep 04, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 15372

Re: Best of Bogleheads - your #1 takeaway

So hard to rank all my takeaways and pick just one, but... for the masses I'd choose: Make a simple plan and stick to it (AKA, 3-fund portfolio + stay the course). Personally? Learning that I can use a Roth IRA as an emergency fund. Had I not known that, I probably wouldn't have opened one (for each...
by zeal
Wed Sep 04, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1091
Views: 308516

Re: Share your net worth progression

Very fun reading through this topic, thank you all for sharing. Here are my year-end numbers with notes pertaining to what happened each year. I began tracking at 22, turned 30 this year. 2011: ($31k) Senior year of college in fall. Blown away upon realization of debt, discovered Dave Ramsey. Found ...