Search found 67 matches

by CommitmentDevice
Fri Nov 15, 2019 12:40 pm
Forum: Personal Consumer Issues
Topic: Productizing an idea
Replies: 28
Views: 1479

Re: Productizing an idea

Here is the dominant narrative in the entrepreneurial circles I run in: Your current idea is wrong. You probably have an insight into a customer and his/her problem, and maybe some good ideas for how to solve it. However, it'll take a lot of hard work (aka learning via iterative experimentation) to ...
by CommitmentDevice
Fri Oct 18, 2019 3:15 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 9
Views: 1062

Re: Help me create a 3-Fund ESG Portfolio

I wanted to give an update on my question to build a 3-fund ESG portfolio. My goal is to build a portfolio that achieves near market returns while significantly reducing the chances that I'm earning money from activities that I believe hurt people. I've decided to go with this portfolio: ESGV instea...
by CommitmentDevice
Mon Oct 07, 2019 10:53 am
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 9
Views: 1062

Re: Help me create a 3-Fund ESG Portfolio

I really valued you post. Thank you. I would say personally that the possible benefits of ESG should be regarded as threefold. First, although I do it, it still sticks in my craw to make money from Altria (Philip Morris), given that my mom smoked three packs of Marlboros a day and died at age 63 of ...
by CommitmentDevice
Fri Oct 04, 2019 1:02 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 9
Views: 1062

Re: Help me create a 3-Fund ESG Portfolio

I use non-ESG index funds and donate to good causes. I suspect that ESG might give a non-representative sampling of the market. Hi Tyler - I get that strategy and respect it. It just isn't for me. I could get into why but want to keep this thread focused on which funds to include in a 3-Fund ESG po...
by CommitmentDevice
Fri Oct 04, 2019 12:32 pm
Forum: Personal Investments
Topic: Help me create a 3-Fund ESG Portfolio
Replies: 9
Views: 1062

Help me create a 3-Fund ESG Portfolio

Greetings Bogleheads! I'm looking to adopt a 3-fund ESG portfolio and would welcome any advice on fund selection. Thanks in advance for your help! I'm in my late 30s. All of my retirement is in a Roth IRA with Schwab. The funds I'm looking at are: Vanguard ESG U.S. Stock (ETF), ESGV, .12% Vanguard E...
by CommitmentDevice
Wed Aug 14, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Order of Paying Off Student Loans
Replies: 6
Views: 481

Re: Order of Paying Off Student Loans

Also, it is worth looking into refinancing. There are +/- to pay attention to, and your ability to quality will depend upon credit score, etc., but you might be able to get a lower rate.
by CommitmentDevice
Wed Aug 14, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Order of Paying Off Student Loans
Replies: 6
Views: 481

Re: Order of Paying Off Student Loans

I agree with the previous poster - pay the highest interest loans first. If by deferment, you mean not accruing interest, then consider those as 0% interest during the deferment period.
by CommitmentDevice
Sun Aug 04, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 111
Views: 7491

Re: Is our spending crazy?

You are living within your means. Beyond that, “reasonableness” is a judgement call. I lived with a host family in Guatemala and my host father found my use of Gillette razors unreasonable. And for his income of a few dollars a day, he was right. That taught me that every level of spending is reason...
by CommitmentDevice
Sat Jul 06, 2019 5:29 pm
Forum: Personal Investments
Topic: Anyone here investing in Prison REITs?
Replies: 30
Views: 2956

Re: Anyone here investing in Prison REITs?

The market for prisons is also unlikely to dry up. The U.S. incarceration rate is 655 per 100,000 compared to the global average of 145 per 100,000. https://en.wikipedia.org/wiki/List_of_countries_by_incarceration_rate A regression to the mean could reduce U.S. incarceration rates by 78%. And, ethi...
by CommitmentDevice
Wed Jun 26, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting/Expense tracking
Replies: 39
Views: 2623

Re: Budgeting/Expense tracking

I use Mint. I log in twice a month for the following: Verify that the checking account balance is in my desired range Skim transactions for unexpected expenses Skim credit card balances to make sure auto-pay is working Note my credit score Note my net worth I trust Mint's snapshot of my financial po...
by CommitmentDevice
Mon Jun 24, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice
Replies: 20
Views: 2029

Re: Career advice

The University of Washington has a Software Product Management certificate you might want to look into: https://www.pce.uw.edu/certificates/sof ... management
by CommitmentDevice
Sat Jun 22, 2019 11:01 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3204

Re: 1-fund, 2-fund or 3-fund portfolio?

UPDATE: I was sold on the 1 fund portfolio (slightly higher cost, elegant simplicity). Then I talked it over with my DW and she reminded me that we want a social filter on our investments. Yes, my $ is a drop in the global ocean of investment capital out there, but, as a matter of principle, I don'...
by CommitmentDevice
Fri Jun 21, 2019 3:59 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3204

Re: 1-fund, 2-fund or 3-fund portfolio?

UPDATE: I was sold on the 1 fund portfolio (slightly higher cost, elegant simplicity). Then I talked it over with my DW and she reminded me that we want a social filter on our investments. Yes, my $ is a drop in the global ocean of investment capital out there, but, as a matter of principle, I don't...
by CommitmentDevice
Wed Jun 19, 2019 11:13 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3204

Re: 1-fund, 2-fund or 3-fund portfolio?

Thanks for your thoughtful comments!
by CommitmentDevice
Wed Jun 19, 2019 1:55 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3204

Re: 1-fund, 2-fund or 3-fund portfolio?

Also - why does the lazy 3-fund portfolio only include U.S. bonds? U.S. bonds are considered very safe, but wouldn't there be a diversification benefit from adding an international bond fund, like VTABX?
by CommitmentDevice
Wed Jun 19, 2019 1:49 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3204

Re: 1-fund, 2-fund or 3-fund portfolio?

I like #3 for a couple reasons. It's the cheapest. And compared to #1, you won't have Vanguard deciding at some future point that they think it should shift completely to East Africa emerging bonds and Ruble FOREX trading. I exaggerate but they have screwed around with exactly what makes up their f...
by CommitmentDevice
Wed Jun 19, 2019 1:04 pm
Forum: Personal Investments
Topic: 1-fund, 2-fund or 3-fund portfolio?
Replies: 22
Views: 3204

1-fund, 2-fund or 3-fund portfolio?

Greetings Bogleheads! I'm ready to move my Roth IRA from Betterment to Vanguard. I want 90% equities, roughly global market capitalization weighted, and 10% bonds. I'm wrestling with whether to go with a 1, 2 or 3 fund portfolio and would like your advice. Should I go with: 1-Fund Portfolio (0.15% E...
by CommitmentDevice
Tue Jun 18, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: population growth and consumption
Replies: 15
Views: 1453

Re: population growth and consumption

(Consumption per person) x (Number of people) = (Total consumption) I anticipate that we’ll continue to see increases in total consumption, driven by rising consumption per person over time, despite curbing population growth. The reason for this is that we humans have a very good track record of inc...
by CommitmentDevice
Mon Jun 17, 2019 6:24 pm
Forum: Personal Investments
Topic: Reorganizing taxable account for home down payment
Replies: 11
Views: 1178

Re: Reorganizing taxable account for home down payment

For a down payment in 3-5 years, I would go very safe. A bond fund or high interest savings account like Ally's.
For long term investment, I'd do a lazy three fund portfolio based off of examples in the wiki.
by CommitmentDevice
Mon Jun 17, 2019 12:26 pm
Forum: Forum Issues and Administration
Topic: Why not add a "like" button to Boglehead posts?
Replies: 185
Views: 34685

Re: A way to "thank" posts

Like button or no like button? I don't know. What I do know is that Bogleheads.org has achieved something rare and valuable... insightful, authentic engagement. SOMETHING about the way this community is structured is working quite well, and I'm inclined to think that the current forum design is cont...
by CommitmentDevice
Mon Jun 17, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: Would a war be bullish for bearish for stocks?
Replies: 14
Views: 1167

Re: Would a war be bullish for bearish for stocks?

prd1982 wrote:
Mon Jun 17, 2019 11:53 am
I cannot believe we are having this discussion.

War, what its good for? Absolutely nothing.
+1
by CommitmentDevice
Mon Jun 17, 2019 11:32 am
Forum: Personal Investments
Topic: Advice for young married couples: PLEASE HELP!
Replies: 49
Views: 4362

Re: Advice for young married couples: PLEASE HELP!

First of all - vision/value/story - a couple needs to articulate and respectfully listen to how each person was raised to relate to money and their current values. Money Habitudes deck could be useful https://www.moneyhabitudes.com/ Then, have them articulate their vision for finances in the future ...
by CommitmentDevice
Wed Jun 12, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan REFI
Replies: 6
Views: 498

Re: Student Loan REFI

Hi OP, Congrats on working on your student debt and doing due diligence on your options. I refinanced a loan with SoFi for 5 years at 3% variable. It has been awesome. I take from this: Thumbs up for refinancing Shop around and explore different time horizons and fixed vs variable to see if you can ...
by CommitmentDevice
Wed Jun 12, 2019 3:34 pm
Forum: Personal Investments
Topic: My Retirement "Catch Up" plan. Please help/critique.
Replies: 23
Views: 3545

Re: My Retirement "Catch Up" plan. Please help/critique.

Hi OP, Lots of good advice already posted and congrats on taking ownership over your investing and having great annual earnings! I think you'd benefit from reading one or two of the Boglehead books. Upgrading a few of your mental models around investing could save you $ and needless hassle/complexit...
by CommitmentDevice
Wed Jun 12, 2019 12:05 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8530

Re: What flagship (even used) item is better than a budget new item?

whodidntante wrote:
Thu Jun 06, 2019 5:45 pm
CommitmentDevice wrote:
Wed Jun 05, 2019 10:25 am
Used to buy cheap vacuum cleaners and they'd suck
Sounds like you bought a good vacuum then. :happy
Pun intended :wink:
by CommitmentDevice
Wed Jun 12, 2019 12:04 pm
Forum: Investing - Theory, News & General
Topic: What financial information do you wish was more commonly known?
Replies: 50
Views: 9730

Re: What financial information do you wish was more commonly known?

I've also really valued the replies others have made on this thread, especially the importance of a high savings rate.
by CommitmentDevice
Wed Jun 12, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: What financial information do you wish was more commonly known?
Replies: 50
Views: 9730

Re: What financial information do you wish was more commonly known?

I wish that my parents' generation knew about indexing. My uncle recently told me about a hot individual stock he'd invested in. I cringed inside. He's working class and I bet he'd be materially more financially secure at this point in his life if he'd been indexing.
by CommitmentDevice
Wed Jun 05, 2019 9:29 pm
Forum: Personal Investments
Topic: What to do with extra cash each month?
Replies: 28
Views: 2590

Re: What to do with extra cash each month?

Dear Bogleheads - My read is that a $10K EF is a bit low. Do you think that paying down a mortgage a valid way of growing it? No. Reducing the mortgage is not going to help if there is an emergency. What's he going to do, sell the house? With a toddler and non-earning wife I think he does need to d...
by CommitmentDevice
Wed Jun 05, 2019 6:46 pm
Forum: Personal Investments
Topic: What to do with extra cash each month?
Replies: 28
Views: 2590

Re: What to do with extra cash each month?

Dear Bogleheads - My read is that a $10K EF is a bit low. Do you think that paying down a mortgage a valid way of growing it? No. Reducing the mortgage is not going to help if there is an emergency. What's he going to do, sell the house? With a toddler and non-earning wife I think he does need to d...
by CommitmentDevice
Wed Jun 05, 2019 5:25 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8530

Re: What flagship (even used) item is better than a budget new item?

Re shoes - I consistently find great shoes at my local thrift shop. I tend to like the shoes better than what I can find in a store, plus the price is an 80% discount. Not for everyone, but working great for me. No offense, but I can not picture myself putting my feet in shoes that were once worn b...
by CommitmentDevice
Wed Jun 05, 2019 1:13 pm
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8530

Re: What flagship (even used) item is better than a budget new item?

Re shoes - I consistently find great shoes at my local thrift shop. I tend to like the shoes better than what I can find in a store, plus the price is an 80% discount. Not for everyone, but working great for me.
by CommitmentDevice
Wed Jun 05, 2019 10:39 am
Forum: Personal Investments
Topic: What to do with extra cash each month?
Replies: 28
Views: 2590

Re: What to do with extra cash each month?

Well done with your family's financial position! :beer Maxing out retirement or paying down mortgage both seem like good options to me. If I were in your shoes, I think I'd put the extra money into the mortgage. You'd be effectively earning a 3.25% return You'd be (indirectly) building your emergenc...
by CommitmentDevice
Wed Jun 05, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8530

Re: What flagship (even used) item is better than a budget new item?

Used to buy cheap vacuum cleaners and they'd suck at sucking and break down pretty quickly.
Bought a 10 year old Miele canister vacuum cleaner for $100 (retails for $1K) and absolutely love it. Sturdy, beautiful, cleans like a dream.
by CommitmentDevice
Mon Jun 03, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Invest in HSA or 529 Plan?
Replies: 6
Views: 711

Re: Invest in HSA or 529 Plan?

Personally, I would use the extra $ to pay down debt faster. A guaranteed 4% return is pretty sweet. But the HSA has a much better guaranteed return, and should be maxed out in preference to anything else except for a matched 401(k). If the HSA exceeds your medical costs now, you are saving it for ...
by CommitmentDevice
Mon Jun 03, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Debt vs Savings
Replies: 47
Views: 4635

Re: Debt vs Savings

Hey OP, +1 paying off the cc asap by cutting expenses/retirement savings and by dipping into savings account +1 congratulations on getting an early start at owning your personal finance and investing +1 re career planning for higher long term income. https://www.edx.org/ has particularly good value ...
by CommitmentDevice
Thu May 30, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in HSA or 529 Plan?
Replies: 6
Views: 711

Re: Invest in HSA or 529 Plan?

Personally, I would use the extra $ to pay down debt faster. A guaranteed 4% return is pretty sweet.
by CommitmentDevice
Thu May 30, 2019 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to preserve $10M+ in wealth owned by unsophisticated people?
Replies: 82
Views: 15385

Re: How to preserve $10M+ in wealth owned by unsophisticated people?

Sounds sincerely frustrating. That said, I suggest doing a self-check around criticism and contempt, as they can be toxic for a relationship ([url]https://www.gottman.com/blog/the-four-horsemen-recognizing-criticism-contempt-defensiveness-and-stonewalling/). Until they die and your inherit the wealt...
by CommitmentDevice
Thu May 30, 2019 12:57 pm
Forum: Personal Investments
Topic: 60/40 Portfolio Future Returns
Replies: 14
Views: 1372

Re: 60/40 Portfolio Future Returns

jakehefty17 wrote:
Thu May 30, 2019 12:38 pm
I certainly wouldn't make any drastic portfolio swings based on an article predicting the future. Stay the course.
+1
by CommitmentDevice
Thu May 30, 2019 12:44 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the mean: Charts please?
Replies: 6
Views: 875

Re: Reversion to the mean: Charts please?

The Simba backtesting spreadsheet offers this chart: https://www.bogleheads.org/wiki/Simba%27s_backtesting_spreadsheet#Telltale_chart From your link I went to a post analyzing Telltale charts from 1927 through 2017 https://finpage.blog/2018/02/15/telling-tales-2017-update/ . Really interesting! I'm...
by CommitmentDevice
Wed May 29, 2019 3:49 pm
Forum: Investing - Theory, News & General
Topic: How can I check my portfolio as little as possible?
Replies: 69
Views: 3522

Re: How can I check my portfolio as little as possible?

x = my investment returns when checking my portfolio
x = my investment returns without checking my portfolio
by CommitmentDevice
Wed May 29, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 505
Views: 69382

Re: Name something you had to have and now you regret purchasing it?

I definitely paid for a couple of yoga studio memberships and a gym membership that I barely used. The tricky thing is that I've gotten a fair amount of value out of those types of memberships at other times in my life. Now I try to curb my aspirational future self bias when it comes to estimating m...
by CommitmentDevice
Wed May 29, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Reduce retirement contributions or take out a mortgage?
Replies: 23
Views: 1314

Re: Reduce retirement contributions or take out a mortgage?

Seriously consider rent vs buy. The NYTimes calculator is a good starting point https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html . You've got an impressive track record of saving and your household earnings are about to jump through the roof. Great! I would definitely fund e...
by CommitmentDevice
Tue May 28, 2019 4:28 pm
Forum: Personal Investments
Topic: Kids accounts: Vanguard Total World Stock
Replies: 36
Views: 3621

Re: Kids accounts: Vanguard Total World Stock

The wiki has some background info: Accounts for children +1 to this. In particular, it might be worth exploring how you could track down a small job (sweeping, weeding, data entry) for your kids so you could make Roth IRA contributions on their behalf. Having that money in a Roth would be more valu...
by CommitmentDevice
Sun May 26, 2019 10:03 pm
Forum: Personal Consumer Issues
Topic: Port Townsend-Pacific Northwest
Replies: 33
Views: 2826

Re: Port Townsend-Pacific Northwest

+1 for being a fine place to visit or live
+1 for renting for a summer before you buy
Curious why people buy summer homes instead of renting... much less hassle/upkeep, let alone freeing up capital.
by CommitmentDevice
Sun May 26, 2019 2:50 pm
Forum: Personal Investments
Topic: Help me get into Target Date Funds
Replies: 10
Views: 1230

Re: Help me get into Target Date Funds

The glide path might not be relevant for you given how close you are to retirement. Vanguard LifeStrategy Funds offer automatic rebalancing so you could still “set it and forget it” but without having to deal with the glide path of target date funds.
by CommitmentDevice
Sat May 25, 2019 12:42 am
Forum: Personal Consumer Issues
Topic: What has changed in new home construction over the years?
Replies: 49
Views: 6410

Re: What has changed in new home construction over the years?

rai wrote:
Fri May 24, 2019 6:04 am
I know in Florida in the last 15 years there are tougher building code for hurricanes. So called wind mitigation roofs etc.
Mexico Beach, FL was hit by a big hurricane in 2018. Old structures were flattened. New structures made it through intact.
by CommitmentDevice
Fri May 24, 2019 11:57 am
Forum: Personal Investments
Topic: Aggressive Roth IRA fund suggestions
Replies: 10
Views: 931

Re: Aggressive Roth IRA fund suggestions

I think that your biggest investment opportunity is to upgrade your investment strategy and stick to it. I'm seeing dramatic swings in your underlying investment strategy... In the past six months you've sold your 3-fund portfolio, bought individual stocks, realized you didn't want to be buying indi...
by CommitmentDevice
Tue May 21, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Renewing TSA Precheck
Replies: 18
Views: 2322

Re: Renewing TSA Precheck

There are credit cards that offer free TSA Precheck as a perk.
by CommitmentDevice
Tue May 21, 2019 10:00 am
Forum: Personal Investments
Topic: Should I rollover my 401k from old megacorp to new megacorp?
Replies: 36
Views: 2179

Re: Should I rollover my 401k from old megacorp to new megacorp?

I’m less experienced than most on this forum so I might be off here, but are there any compelling reasons to not roll over to a traditional IRA? Benefits of the IRA, as I see them, are: 1. Full universe of investment options 2. Consolidation = simplicity 3. Not having an additional stakeholder (old ...
by CommitmentDevice
Mon May 20, 2019 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I encourage my kids to work in high school/college?
Replies: 224
Views: 14798

Re: Should I encourage my kids to work in high school/college?

The primary value generated is the young person's professional development, not the money earned. If I had a high school aged child, I'd encourage/require that she organize her summer around a skill building activity... job, internship, start a business, take online courses, etc.