Search found 856 matches

by Brianmcg321
Fri Sep 18, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 40
Views: 1545

Re: Ring for a new girlfriend

MotoTrojan wrote: Fri Sep 18, 2020 3:28 pm Can tell you from experience that giving rings as non-engagement gifts is a dangerous activity. Maybe a necklace, earrings, or bracelet would do?
This.

Give her a bracelet or earrings.
by Brianmcg321
Fri Sep 18, 2020 2:23 pm
Forum: Personal Investments
Topic: My sister — should some of her money be invested?
Replies: 12
Views: 613

Re: My sister — should some of her money be invested?

If you are wanting something simple like a one fund I would look at the Target Retirement Income Fund instead of the Life Strategy. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&init...
by Brianmcg321
Fri Sep 18, 2020 2:13 pm
Forum: Personal Investments
Topic: My sister — should some of her money be invested?
Replies: 12
Views: 613

Re: My sister — should some of her money be invested?

What is she doing with the RMD if she doesn't spend it?
by Brianmcg321
Fri Sep 18, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 242
Views: 13128

Re: Preparing for retirement in mid 30s

queso wrote: Fri Sep 18, 2020 10:42 am
Brianmcg321 wrote: Fri Sep 18, 2020 9:36 am This thread can be summed up best as “How much money do you need to live like your broke the rest of your life?”
There is a whole forum dedicated to that over on MMM. :happy
Lol. I’ve been there. Quite entertaining.
by Brianmcg321
Fri Sep 18, 2020 9:48 am
Forum: Personal Investments
Topic: Moving Roth IRA from TIAA to Vanguard
Replies: 7
Views: 288

Re: Moving Roth IRA from TIAA to Vanguard

Call Vanguard. They can do it over the phone with TIAA. Easy peasy.
by Brianmcg321
Fri Sep 18, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 242
Views: 13128

Re: Preparing for retirement in mid 30s

This thread can be summed up best as “How much money do you need to live like your broke the rest of your life?”
by Brianmcg321
Thu Sep 17, 2020 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: What one Book to read about personal finance?
Replies: 40
Views: 2237

Re: What one Book to read about personal finance?

JL Collins The Simple Path to Wealth. He's got a blog too.

https://jlcollinsnh.com/stock-series/
by Brianmcg321
Thu Sep 17, 2020 7:09 pm
Forum: Personal Investments
Topic: VG stock all in one?
Replies: 6
Views: 615

Re: VG stock all in one?

You're in luck. Vanguard Total World VTWAX https://investor.vanguard.com/mutual-funds/profile/VTWAX "Total World Stock Index Fund provides shareholders low-cost exposure to stock markets around the globe, including the United States, developed foreign markets, and emerging markets. In addition to st...
by Brianmcg321
Thu Sep 17, 2020 5:20 pm
Forum: Personal Investments
Topic: Received Inheritance After Retirement
Replies: 10
Views: 1484

Re: Received Inheritance After Retirement

If your wife is still working you can both max out your IRAs if you have that much income.

Other than that just open a regular account and stick it into VTSAX. Use as needed.

Or, add solar panels to the roof of your new home and buy yourselves a couple of new Teslas.
by Brianmcg321
Wed Sep 16, 2020 3:36 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 45
Views: 2479

Re: "Refinance" mortgage for a family member @ 2%?

Having family members owe you money is never a good idea. It changes the relationship. Thanksgiving will never be the same.

Help her refinance and pay her closing costs as a gift.
by Brianmcg321
Wed Sep 16, 2020 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity CC declined, they deny declining
Replies: 41
Views: 3401

Re: Fidelity CC declined, they deny declining

Cheez-It Guy wrote: Mon Sep 14, 2020 12:26 pm These are the kinds of one-off special-cause things some Bogleheads immediately end long-standing business relationships over. So, quit Fidelity, I guess.

Problem solved?

LOL. Yep, only course of action I see.
by Brianmcg321
Wed Sep 16, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford $550K house?
Replies: 17
Views: 1873

Re: Can we afford $550K house?

Paying 20% down the mortgage would be for 440,000. With a 30 year loan at 3.5% your monthly payment would be $1,950.

Worst case, would you be able to pay that only making $100k. It would be a stretch, but with your savings it would be doable for quite awhile.
by Brianmcg321
Wed Sep 16, 2020 8:33 am
Forum: Personal Investments
Topic: Vanguard Roth Performance
Replies: 14
Views: 1196

Re: Vanguard Roth Performance

VTWNX is currently a 50/50 stock/bond allocation. If you were 100% stocks would you have enjoyed the 20% reduction in your account Feb-March?I know I wouldn’t have. I’m sure the ride back up would have been nice, but hindsight is 20/20. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&time...
by Brianmcg321
Wed Sep 16, 2020 8:26 am
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 881

Re: Late start, need advice on allocation and fund selection

I would agree on the aggressive part except for the following: 1. Op has just started saving. The account size is very low compared to the new investments. 2. Her savings rate acts like the bond to offset any downturn in the market. 3. The target date funds will get less aggressive over the next 10...
by Brianmcg321
Wed Sep 16, 2020 8:05 am
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 881

Re: Late start, need advice on allocation and fund selection

UC Pathway 2035. 75%/25% allocation. 0.02 expense ratio I don't see a problem with these funds. Have you thought about contributing to a (Roth) IRA? Have you thought about investing some of the $100k in a taxable brokerage account in stock index funds? If you choose to do this, what would your over...
by Brianmcg321
Wed Sep 16, 2020 7:59 am
Forum: Investing - Theory, News & General
Topic: Growth v. value in two Vanguard active international funds
Replies: 20
Views: 1009

Re: Growth v. value in two Vanguard active international funds

I don’t like their international growth fund simply because they have us companies in it. Their short term return can be completely attributed to Tesla and Amazon.
by Brianmcg321
Wed Sep 16, 2020 7:31 am
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 881

Re: Late start, need advice on allocation and fund selection

It’s a good plan. Your savings rate at this point will be a much bigger determinant to your ending value than the particular funds. But what you are choosing is fine, unless you want something more aggressive, but it’s not necessary. If you have maxed out all your retirement accounts, you can always...
by Brianmcg321
Wed Sep 16, 2020 1:00 am
Forum: Personal Finance (Not Investing)
Topic: new car - 0% interest loan ?
Replies: 27
Views: 1639

Re: new car - 0% interest loan ?

That’s what I would do. The downside would be the car is depreciating faster than you’re paying it off. But that’s true of all new vehicles.
by Brianmcg321
Tue Sep 15, 2020 10:32 pm
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 50
Views: 5470

Re: Throwing In The Towel on Portfolio Management

I like your plan. The more I have learned over the years about investing the more I like the one fund approach. When I retire I will probably just put all our traditional IRAs in one of the life strategy funds or balanced index, and keep our Roths in VTSAX. If we ever use our Roths I will change the...
by Brianmcg321
Tue Sep 15, 2020 10:02 pm
Forum: Investing - Theory, News & General
Topic: Can VTSAX accidentally sell all its stock holdings?
Replies: 47
Views: 3565

Re: Can VTSAX accidentally sell all its stock holdings?

It’s not like they have a “liquidate everything” button. If they did surely they would have a pop up stating “Are you sure” “Yes/No”. Lol Yes, but it's running on Win 98 with a Cobol backend! They are probably all still playing Minesweeper, and wondering why their AOL dial-up is always busy.
by Brianmcg321
Tue Sep 15, 2020 9:52 pm
Forum: Investing - Theory, News & General
Topic: Can VTSAX accidentally sell all its stock holdings?
Replies: 47
Views: 3565

Re: Can VTSAX accidentally sell all its stock holdings?

It’s not like they have a “liquidate everything” button.

If they did surely they would have a pop up stating “Are you sure” “Yes/No”. Lol
by Brianmcg321
Tue Sep 15, 2020 8:29 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio's Bridgewater
Replies: 24
Views: 1965

Re: Ray Dalio's Bridgewater

Y'all are pretty harsh with Ray Dalio. This is one of his funds on one year. His main input has been risk parity, an agnostic approach to investing, ruling out market timing and prognostications about the future. I would have expected bogleheaders to be more appreciative of such an approach. Not th...
by Brianmcg321
Tue Sep 15, 2020 8:15 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio's Bridgewater
Replies: 24
Views: 1965

Re: Ray Dalio's Bridgewater

If you want risk parity it would be better to just use the Harry Browne Permanent Portfolio. The PP is up 14% this year. That would be a more bolglehead approach. Not some leveraged hedge fund. Yes, the PP just keeps chugging along. Another vote for lazy portfolios instead of expensive complex solu...
by Brianmcg321
Tue Sep 15, 2020 8:14 pm
Forum: Investing - Theory, News & General
Topic: Wondering why Value funds have done so poorly?
Replies: 16
Views: 2025

Re: Wondering why Value funds have done so poorly?

Get just a total market fund. Then you have growth and value and don't have to guess. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjust...
by Brianmcg321
Tue Sep 15, 2020 7:53 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio's Bridgewater
Replies: 24
Views: 1965

Re: Ray Dalio's Bridgewater

Y'all are pretty harsh with Ray Dalio. This is one of his funds on one year. His main input has been risk parity, an agnostic approach to investing, ruling out market timing and prognostications about the future. I would have expected bogleheaders to be more appreciative of such an approach. Not th...
by Brianmcg321
Tue Sep 15, 2020 2:46 pm
Forum: Personal Investments
Topic: Vanguard funds in retirement
Replies: 15
Views: 1395

Re: Vanguard funds in retirement

I use LifeStrategy Income in my Trad. IRA, and LifeStrategy Growth in my Roth IRA. Someday I might break them up into their components, but for now I love the simplicity. And they re-balance for me, too! I'm 67 and retired. That's a good plan. I was going to do something similar when I retire (I'm ...
by Brianmcg321
Tue Sep 15, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio's Bridgewater
Replies: 24
Views: 1965

Re: Ray Dalio's Bridgewater

The more Dalio talks the more I think he's a space cadet. I can't finish any interview with him as I just get sick of how arrogant and condescending he talks.
by Brianmcg321
Tue Sep 15, 2020 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Is This a Good or Bad Time to Buy a House?
Replies: 21
Views: 2861

Re: Is This a Good or Bad Time to Buy a House?

A good time to buy a house is if you need a place to live.
by Brianmcg321
Tue Sep 15, 2020 11:42 am
Forum: Personal Investments
Topic: Where to start - advising my DS #2
Replies: 28
Views: 1879

Re: Where to start - advising my DS #2

Have him read this blog. And buy him the book.
https://jlcollinsnh.com/stock-series/

No reason to get any more complicated.
by Brianmcg321
Tue Sep 15, 2020 11:33 am
Forum: Personal Investments
Topic: Vanguard funds in retirement
Replies: 15
Views: 1395

Re: Vanguard funds in retirement

Vanguard life strategy funds would be right up your ally.

Decide what asset allocation you are comfortable with and just have one fund. Simple is best.

https://investor.vanguard.com/mutual-fu ... trategy/#/
by Brianmcg321
Tue Sep 15, 2020 11:31 am
Forum: Personal Consumer Issues
Topic: Solar - after 1 year the results are in.
Replies: 45
Views: 4742

Re: Solar - after 1 year the results are in.

squirm wrote: Tue Sep 15, 2020 10:15 am Much of it depends on the solar credits from the utility. I'm surprised you didn't see a a drop to zero with a system of that size.
That does seem like a pretty large system for a house that size. I’m betting most of the bill is a connection charge and misc fees.
by Brianmcg321
Mon Sep 14, 2020 8:25 am
Forum: Personal Consumer Issues
Topic: Buying a car?
Replies: 25
Views: 1974

Re: Buying a car?

When a 2016 car with only 40k miles is considered “old”. Lol.

The insurance you will be paying will buy an awful lot of gas.
by Brianmcg321
Sun Sep 13, 2020 8:04 am
Forum: Personal Investments
Topic: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million
Replies: 76
Views: 7265

Re: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million

Ultra aggressive?

25% AAPL
25% TSLA
25% AMZN
25% FB

Or

100% TQQQ

Stock up on Rolaids.
by Brianmcg321
Sat Sep 12, 2020 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Near number but not at retirement age
Replies: 36
Views: 2994

Re: Near number but not at retirement age

I’m at that point now. 47 and have hit seven figures. That was my goal by 60. If I don’t contribute another dime will have almost $3mil by 60. I’ve reduced my retirement savings from 25% to just 6% (to get company match in 401k). We have decided to upgrade our cars and spend more money on our home ...
by Brianmcg321
Sat Sep 12, 2020 10:22 am
Forum: Personal Consumer Issues
Topic: 70% VLT automotive window tint. Is it worth it?
Replies: 13
Views: 946

Re: 70% VLT automotive window tint. Is it worth it?

I’ve got 50% tint on the windshield on my F150, and 35% on the rest. Makes a huge difference in heat.

The tint on the windshield is actually more beneficial at night. There is no glare off incoming headlights even if they have their brights on.

You will love it.
by Brianmcg321
Sat Sep 12, 2020 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Near number but not at retirement age
Replies: 36
Views: 2994

Re: Near number but not at retirement age

I’m at that point now. 47 and have hit seven figures. That was my goal by 60. If I don’t contribute another dime will have almost $3mil by 60. I’ve reduced my retirement savings from 25% to just 6% (to get company match in 401k). We have decided to upgrade our cars and spend more money on our home r...
by Brianmcg321
Sat Sep 12, 2020 10:00 am
Forum: Personal Investments
Topic: What Blend of These 2 Fidelity Funds Approximates TSM
Replies: 10
Views: 717

Re: What Blend of These 2 Fidelity Funds Approximates TSM

80/20

Extended market contains small caps also. The combination of the two will give you a TSM.
by Brianmcg321
Sat Sep 12, 2020 9:28 am
Forum: Personal Investments
Topic: Any reason not to combine your 401K when changing employers?
Replies: 34
Views: 2723

Re: Any reason not to combine your 401K when changing employers?

If your new 401k is terrible with high fees, I would keep it at the old one or roll it over to an IRA.
by Brianmcg321
Sat Sep 12, 2020 7:45 am
Forum: Non-US Investing
Topic: Do bonds make sense in my portfolio?
Replies: 10
Views: 739

Re: Do bonds make sense in my portfolio?

I didn’t put any bonds in my portfolio until I turned 47 this year.

At your age, if your maxing out your accounts, that essentially acts like a bond, smoothing out the ride.
by Brianmcg321
Thu Sep 10, 2020 8:15 pm
Forum: Personal Investments
Topic: Tracking Portfolio Against SP500
Replies: 10
Views: 688

Re: Tracking Portfolio Against SP500

Wow. Is there a system you’re not trying? :oops:
by Brianmcg321
Thu Sep 10, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11444

Re: Should we buy a $3M+ house with parental help?

No. If you can't afford it, then you can't afford it. Find something you can afford.
by Brianmcg321
Mon Sep 07, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with FOMO? [Fear Of Missing Out]
Replies: 97
Views: 7333

Re: How do Bogleheads cope with FOMO?

I’m not missing out on anything. I’ve enjoyed a nice fat 14% return on my portfolio the past ten years. I got a 30% return last year. I hit my retirement number 10 years early. And I didn’t have to gamble any of my money to do it. The people that will miss out is once the music stops and prices come...
by Brianmcg321
Mon Sep 07, 2020 9:25 am
Forum: Personal Investments
Topic: ROTH vs. Traditional - How Did You Choose?
Replies: 34
Views: 2015

Re: ROTH vs. Traditional - How Did You Choose?

For me it was age and taxe rate. I started a Roth IRA when I was 23. The younger you are and lower tax bracket the better deal a Roth is.

Now I’m still in the lower tax bracket and contribute to a Roth 401k and IRA.
by Brianmcg321
Sat Sep 05, 2020 7:46 am
Forum: Investing - Theory, News & General
Topic: Did bonds really beat stocks over the last 20 years?
Replies: 34
Views: 3521

Re: Did bonds really beat stocks over the last 20 years?

If you had invested a lump sum in two portfolios in 2000, one all stocks, and one in a standard 60/40, it wasn’t until 2018 that the all stock portfolio caught back up from the 2000, and 2008 crashes. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2000&firstMonth=1...
by Brianmcg321
Fri Sep 04, 2020 7:54 pm
Forum: Personal Investments
Topic: Continue to save in Tax Deferred Accounts?
Replies: 19
Views: 2158

Re: Continue to save in Tax Deferred Accounts?

From 2000 to 2010 your portfolio achieved less than 2% return. It is referred to as the lost decade. If you weren't adding any money to your account during that time you would be far short of your goal. I wouldn't stop adding until I hit at least seven figures. https://www.portfoliovisualizer.com/ba...