Search found 74 matches

by wyoming82240
Sun Jan 26, 2020 10:08 pm
Forum: Personal Investments
Topic: High saving rate or high rate of return?
Replies: 19
Views: 4015

Re: High saving rate or high rate of return?

Here is the recent article in bogleheads wiki about "Saving rate importance"

https://www.bogleheads.org/wiki/Importa ... aving_rate
by wyoming82240
Sun Jan 26, 2020 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1144

Re: How to dispute inaccuracy in share prices

Royal Blue wrote:
Fri Jan 24, 2020 2:52 pm
Now that everyone offers free trading (almost everyone) no need to use Robinhood unless you want a ton of leverage.
You are right, I just don't want to have any capital gains that's the reason I would like to stay there. I will close it, once I sell all my positions.
by wyoming82240
Sun Jan 26, 2020 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1144

Re: How to dispute inaccuracy in share prices

Glitches in computer systems occur all too frequently in even the soundest and stodgiest companies, and one thing I've learned is that there's no percentage in talking to a front-line customer representative and demanding that bugs be fixed. Usually, you cannot get any serious action until after yo...
by wyoming82240
Thu Jan 23, 2020 1:52 am
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1144

Re: How to dispute inaccuracy in share prices

Newer companies often take awhile to get the kinks out of their systems. I have avoided dealing with the newer financial service companies offering innovative services. They may be more interested in ramping up services and increasing the customer base for IPO purposes than thoroughly testing their...
by wyoming82240
Thu Jan 23, 2020 1:51 am
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1144

Re: How to dispute inaccuracy in share prices

FIREchief wrote:
Wed Jan 22, 2020 11:03 pm
wyoming82240 wrote:
Wed Jan 22, 2020 7:54 pm
Then they accepted there’s a glitch on their end and promised me that it won’t happen in future, however they are not willing to fix the error.
Are these covered shares?
Yes, it is.
by wyoming82240
Wed Jan 22, 2020 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1144

Re: How to dispute inaccuracy in share prices

mcraepat9 wrote:
Wed Jan 22, 2020 8:42 pm
Does it matter though? If you sell the stock, surely you have the info to demonstrate the proper basis. It's a glitch but not one that would keep me up nights.
I understand your perspective. Resisting to fix their error, and asking me to get by it is what bothers me.
by wyoming82240
Wed Jan 22, 2020 8:01 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 328
Views: 17810

Re: Sad news: LadyGeek's husband has passed

Despite your personal loss, you are trying to educate us, which is very selfless. So sorry for your loss.
by wyoming82240
Wed Jan 22, 2020 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to dispute inaccuracy in share prices
Replies: 15
Views: 1144

How to dispute inaccuracy in share prices

Dear Bogleheads, I am holding some etfs in Robinhood. For one of my holding, the average share price is showing zero. I have reached out to their customer service about this, initially they said it was due to corporate actions or splits. But for the etf I hold no splits occurred and even if there’s ...
by wyoming82240
Sat Jan 18, 2020 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Free tax filing
Replies: 14
Views: 705

Free tax filing

Tax season is going to start soon, just thought of sharing free tax filing resources listed in IRS website that is available for people who had adjusted gross income of $69,000 or less. https://apps.irs.gov/app/freeFile/ For people, who have higher income above $69,000, Credit Karma offers free tax ...
by wyoming82240
Mon Jan 13, 2020 10:36 pm
Forum: Personal Investments
Topic: Looking for feedback on my investment portfolios
Replies: 3
Views: 278

Re: Looking for feedback on my investment portfolios

20 y/o TAXABLE (total us) ITOT - 20% QQQ - 25% BRKB - 10% (emerging markets) SPEM - 15% (developed world) SPDW - 10% (small cap) SPSM - 20% ROTH 85% total US 15% total int I would like to know your thoughts/opinions/anything! Thank you Do you have access for more tax efficient accounts such as 401 ...
by wyoming82240
Mon Jan 13, 2020 12:22 am
Forum: Investing - Theory, News & General
Topic: For the wiki: HSA as an emergency fund
Replies: 31
Views: 3471

Re: For the wiki: HSA as an emergency fund

HSA can already be used for medical emergencies. So in that sense very good idea to keep money there for medical expenses. But keeping all the old receipts is too complex. There is software out there that can keep track of these receipts for you, but it's really not difficult to just scan the recei...
by wyoming82240
Sun Jan 12, 2020 9:37 pm
Forum: Investing - Theory, News & General
Topic: For the wiki: HSA as an emergency fund
Replies: 31
Views: 3471

Re: For the wiki: HSA as an emergency fund

HSA can already be used for medical emergencies. So in that sense very good idea to keep money there for medical expenses. But keeping all the old receipts is too complex. There is software out there that can keep track of these receipts for you, but it's really not difficult to just scan the recei...
by wyoming82240
Sun Jan 12, 2020 1:17 am
Forum: Investing - Theory, News & General
Topic: Minimum investment to buy mutual funds
Replies: 38
Views: 1852

Minimum investment to buy mutual funds

Hello Bogleheads, As a beginner in investing around 2015, I struggled a lot to invest as most mutual funds have minimum investment ranging from 2500 to 3000. As an amateur I was not familiar with ETFs at that time. What’s the idea or thought process behind the fund companies to have minimum initial ...
by wyoming82240
Sat Jan 11, 2020 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 433
Views: 92184

Re: What age did you reach 100K networth?

Fortunately at 37. :D Better late than never. :sharebeer
by wyoming82240
Fri Jan 10, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Saving Rate"

[/quote] I actually find the "savings %" to be highly confusing, because people debate about whether that is percentage of taxable income, after taxes, do you include employer match, etc. For retirement purposes, I think it's much cleaner to think in multiples of cost of living. For example, in our ...
by wyoming82240
Fri Jan 10, 2020 10:48 am
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Saving Rate"

Wyoming, You indicated in wiki: “Future value calculated assuming money invested at the end of period for 30 years.” How is “period” defined? Weekly, monthly, quarterly, semiannually or annually? Yes, it does make a difference how often money is saved and invested, HueyLD, period chosen is annual. ...
by wyoming82240
Thu Jan 09, 2020 10:34 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Saving Rate"

Wyoming, You indicated in wiki: “Future value calculated assuming money invested at the end of period for 30 years.” How is “period” defined? Weekly, monthly, quarterly, semiannually or annually? Yes, it does make a difference how often money is saved and invested, HueyLD, period chosen is annual.
by wyoming82240
Thu Jan 09, 2020 5:11 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

Since several of you suggested to added higher saving rate, I have now included 15% 20 % and 25% in the article. Thanks all for your thoughtful suggestions.
by wyoming82240
Thu Jan 09, 2020 5:10 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

Thanks in advance for everyone's time to review this article. Good article. Now if I could get the kids to read it .... I don't know if this will help, but did you know you try by using the Download as PDF wiki tool to give them another way to read it. Saving is income not spent, or deferred consum...
by wyoming82240
Thu Jan 09, 2020 1:56 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

1% ROI 9% SR has the same value as 1% ROI 10%SR - is this a bug?
[/quote]

Thanks for the catch, fixed it.
by wyoming82240
Thu Jan 09, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

pepys wrote:
Thu Jan 09, 2020 10:47 am
Very nice work. I agree with the above comments that larger increments for higher SR would be nice. Also, for 1% ROI, 10% SR is incorrect right now (duplicate of the 9% number).
Thanks, fixed the error, I will include the larger increments as soon as I find time.
by wyoming82240
Thu Jan 09, 2020 1:49 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

Presumably a spreadsheet was used to create the Table 1. I was asked some of the following questions by someone who looked at the wiki page (paraphrasing): What was the formula used to get the numbers in Table 1? Is the N% savings rate applied once a year or over 12 months? Is it applied at the beg...
by wyoming82240
Thu Jan 09, 2020 12:02 am
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

Nice page! As siamond said (pun intended!), it's more work than it seems. I would suggest that in the table on the page, it might be more meaningful to only examine one-percent changes up to 5%, then do 10%, 15%, and 20%. I'd say that a 10% savings rate should be the bare minimum for most folks ear...
by wyoming82240
Wed Jan 08, 2020 11:11 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

Saving is income not spent, or deferred consumption. Saving differs from savings. Saving refers to an activity occurring over time, a flow variable, whereas savings refers to something that exists at any one time, a stock variable. In other words, your savings is the size of your portfolio at a poi...
by wyoming82240
Wed Jan 08, 2020 11:08 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Re: Wiki article on "Importance of Savings Rate"

Thanks all for the suggestions and corrections. Let it keep coming.
by wyoming82240
Wed Jan 08, 2020 8:55 pm
Forum: Investing - Theory, News & General
Topic: Wiki article on "Importance of Saving Rate"
Replies: 36
Views: 2861

Wiki article on "Importance of Saving Rate"

Dear Bogleheads, I have wrote my first Wiki article (https://www.bogleheads.org/wiki/Importance_of_savings_rate) on "Importance of Savings Rate". Thanks to Barry Barnitz and LadyGeek for encouraging me to do this, also for the cleanup, improvements and suggestions. Now it is time for all Bogleheads ...
by wyoming82240
Sun Jan 05, 2020 3:44 pm
Forum: Personal Investments
Topic: Does Fidelity have a performance view?
Replies: 55
Views: 5392

Re: Does Fidelity have a performance view?

When I read the post about "performance view" in Fidelity, I found it was not listed in my account as well. I spoke to representative about it, but it was clearly conveyed to me that it was only for premium services members. When I received the feedback survey questionnaire regarding my conversation...
by wyoming82240
Sun Jan 05, 2020 1:13 pm
Forum: Personal Investments
Topic: 457b vs Roth
Replies: 22
Views: 1311

Re: 457b vs Roth

-Bman- wrote:
Sun Jan 05, 2020 3:30 am
Pre-tax
Okay, assess your tax situation and make a decision between traditional IRA and Roth. Once you decide the type of account assess the expense ratio's on the funds you want to invest and cost of investing in your 457 and make a decision to go for 457 or Roth.
by wyoming82240
Sun Jan 05, 2020 2:56 am
Forum: Personal Investments
Topic: 457b vs Roth
Replies: 22
Views: 1311

Re: 457b vs Roth

Is your 457 pretax or Roth or it has both options? I have 457 at my employment pretax and post tax options, but they have a management fee of 0.28% fee, and relatively high expense ratio on certain funds. Hence I preferred to contribute my Roth or Traditional IRA first before I jump into my 457.
by wyoming82240
Wed Jan 01, 2020 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: What is your 2019 YTD Spending
Replies: 36
Views: 2671

Re: What is your 2019 YTD Spending

19400 for the year, no debt. 3500 for charity.
by wyoming82240
Wed Dec 18, 2019 12:58 am
Forum: Personal Consumer Issues
Topic: Kitchen knife set. Good quality - Recommendations
Replies: 87
Views: 13180

Re: Kitchen knife set. Good quality - Recommendations

We use J A Henckels, very satisfied.
by wyoming82240
Sun Dec 15, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Too poor to invest - living in the 12% bracket
Replies: 114
Views: 11526

Re: Too poor to invest - living in the 12% bracket

Currently in 12%, but it is the highest I have ever been. Saved, invested, and retired pre age 50 on single income, never over $60k gross. Started saving and investing pre-age 16 Nearly always worked 3 jobs, lived on PT income and usually invested 100% of my FT job. Finished a few degree programs w...
by wyoming82240
Sun Dec 08, 2019 11:41 pm
Forum: Investing - Theory, News & General
Topic: December 6, 2019--Vanguard Releases 2020 Economic and Market Outlook Report
Replies: 84
Views: 5790

Re: December 6, 2019--Vanguard Releases 2020 Economic and Market Outlook Report

FIREchief wrote:
Sat Dec 07, 2019 11:49 pm
VG is among the best in offering low cost investment products. That said, their ability to predict the future is no better than anybody else's. Prove me wrong! :beer
+1
by wyoming82240
Sun Dec 08, 2019 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best source for microsoft office?
Replies: 22
Views: 1881

Re: Best source for microsoft office?

B4Xt3r wrote:
Sun Dec 08, 2019 2:51 pm
Hi All,

I'm wondering if someone knows a decent place to buy microsoft office? The ~$150 that microsoft wants is more than I would hope to pay.

-b4xt3r
If you are student or work in a educational institution, most offer a free microsoft account that has access to all of its products.
by wyoming82240
Thu Dec 05, 2019 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is an HSA right for our family?
Replies: 27
Views: 1168

Re: Is an HSA right for our family?

Also, the contributions to HSA directly from payroll is exempt from social security and Medicare tax as well.
by wyoming82240
Sun Dec 01, 2019 1:18 am
Forum: Personal Investments
Topic: HSA -- convince me why it's good/bad to invest in
Replies: 4
Views: 635

Re: HSA -- convince me why it's good/bad to invest in

Save the difference in premiums between your high deductible and low deductible plans, put them in hsa and use or invest as you see fit. HSA is triple tax advantaged. Before you move to hdhp make sure you understand the coverage thoroughly. Tax benefits alone should not drive you to pursue a HSA pla...
by wyoming82240
Sun Dec 01, 2019 1:11 am
Forum: Investing - Theory, News & General
Topic: Where to put the money saved for home down payment?
Replies: 27
Views: 3021

Re: Where to put the money saved for home down payment?

Not sure what OP holdings are in aggregate in order to decide on that portion of holdings. For example, if those savings constitute a large portion of portfolio, holding CD's and the like make sense. If those dollars are just a small portion of the portfolio, then the idea of just having it as part...
by wyoming82240
Sun Dec 01, 2019 12:23 am
Forum: Personal Finance (Not Investing)
Topic: How much are you saving for retirement in 2019?
Replies: 82
Views: 5494

Re: How much are you saving for retirement in 2019?

HSA 7000 (12% of annual income)
IRA (me and spouse) 12000 (20.7% of annual income)
Employer contribution 9800 (16.9 % of annual income)
Total - 50.6%
by wyoming82240
Sun Dec 01, 2019 12:15 am
Forum: Personal Finance (Not Investing)
Topic: How much are you saving for retirement in 2019?
Replies: 82
Views: 5494

Re: How much are you saving for retirement in 2019?

EPCOTCenter1982 wrote:
Sat Nov 30, 2019 11:32 pm
Good grief! Ya'll are making me feel less than acceptable right now. If I tried my hardest, 20K is the most I could muster.

Do all of you have extremely high paying jobs?!
I can empathize you.
by wyoming82240
Sun Dec 01, 2019 12:13 am
Forum: Personal Finance (Not Investing)
Topic: How much are you saving for retirement in 2019?
Replies: 82
Views: 5494

Re: How much are you saving for retirement in 2019?

RickBoglehead wrote:
Sat Nov 30, 2019 7:29 pm
How much depends on one's income, retirement accounts available, and your expenses. So comparing numbers isn't actionable at all. Apples, oranges, and bananas.
I agree. Percentage of annual income makes more sense along with dollars.
by wyoming82240
Wed Nov 27, 2019 1:19 pm
Forum: Investing - Theory, News & General
Topic: Where to put the money saved for home down payment?
Replies: 27
Views: 3021

Re: Where to put the money saved for home down payment?

Thank you, I m planning to put half in CD and other half in FBND or IUSB based on your suggestions.
by wyoming82240
Wed Nov 27, 2019 12:21 am
Forum: Investing - Theory, News & General
Topic: Where to put the money saved for home down payment?
Replies: 27
Views: 3021

Where to put the money saved for home down payment?

Dear Bogleheads, I have set aside money for down payment of home purchase. My plans have changed, I may not buy home in the next 4-5 years or so. Currently the money is in Wealthfront savings account (1.82% yield). What are the other investments options available to put this money in best use for th...
by wyoming82240
Tue Nov 05, 2019 5:54 pm
Forum: Personal Investments
Topic: Direct deposit straight into a mutual fund/etf?
Replies: 5
Views: 535

Re: Direct deposit straight into a mutual fund/etf?

I believe fidelity brokerage or IRA accounts have that feature for mutual funds. I am not very sure about ETF.
by wyoming82240
Sun Oct 27, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Who does your tax returns?
Replies: 103
Views: 5749

Re: Who does your tax returns?

Do it myself with free version of HR block.
by wyoming82240
Sat Oct 26, 2019 2:46 pm
Forum: Personal Investments
Topic: Do You Pay For Financial Advice?
Replies: 76
Views: 4823

Re: Do You Pay For Financial Advice?

No, do it all myself through self education from forum like this, morningstar etc.
by wyoming82240
Fri Oct 25, 2019 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Is principal portion of mortgage counted for savings rate purposes?
Replies: 126
Views: 7239

Re: Is principal portion of mortgage counted for savings rate purposes?

bigtex wrote:
Tue Oct 22, 2019 4:33 pm
I save 30% of gross income into 401k and Roth, but would my principal portion of my monthly payment also be considered in the savings rate since it is directly reducing debt? Thanks.
I would not consider, home is worth what the buyer willing to pay.
by wyoming82240
Thu Oct 24, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Guide to College Savings
Replies: 0
Views: 385

Guide to College Savings

Bogleheads,

I came across the article in link below from morningstar.com about college savings. It fairly covered most details (questions we may have) about college savings, thought some may find it useful.

https://www.morningstar.com/articles/80 ... ge-savings
by wyoming82240
Thu Oct 17, 2019 9:43 pm
Forum: Investing - Theory, News & General
Topic: New Roth IRA account
Replies: 3
Views: 558

Re: New Roth IRA account

Thank you, received a referral link via personal message.