Search found 144 matches

by The Broz
Mon Mar 30, 2020 6:33 pm
Forum: Personal Investments
Topic: BND
Replies: 14
Views: 1304

Re: BND

I have been reading a lot of these threads lately, and my takeaway is that Total Bond will be slightly riskier with a slightly better return potential. After that - there really is no wrong decision as to what is best. It is really what is best for you and your level of risk tolerance.
by The Broz
Mon Mar 30, 2020 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Voluntary Furlough: Pros and Cons?
Replies: 7
Views: 935

Re: Voluntary Furlough: Pros and Cons?

If you volunteer, do you get to keep your health insurance? Whereas - involuntary you might lose it?
by The Broz
Mon Mar 30, 2020 3:44 pm
Forum: Personal Consumer Issues
Topic: Making the most of COVID-19. What deals have you taken advantage of?
Replies: 5
Views: 1093

Re: Making the most of COVID-19. What deals have you taken advantage of?

1. We are in the midst of moving and were able to adjust our flight forward by a few days to get out of town (Seattle) ASAP. Made the change for free (actually got a couple dollars in credit for making the change). 2. We had to get a hotel for a couple nights on the spur of the moment, as the variou...
by The Broz
Wed Mar 25, 2020 6:46 pm
Forum: Personal Investments
Topic: Do ppl who rebalance annually do anything different in this type of market?
Replies: 20
Views: 1080

Re: Do ppl who rebalance annually do anything different in this type of market?

I am a re-balance annually guy. I thought about doing an ad hoc re balance, but decided not to - at least not yet. I thought I may move to a semi-annual re balance, with the thought that I will see what the situation is in June.
by The Broz
Wed Mar 25, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus money for a college student?
Replies: 3
Views: 458

Re: Stimulus money for a college student?

The bill hasn't even been voted on yet, so there is no stimulus at this time.
by The Broz
Wed Mar 25, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: How are you going to use your stimulus money?
Replies: 213
Views: 10751

Re: Stimulus Payments

I thought the payments were NOT in addition to SS payments, but I could be wrong. Actually - even if I am right at the moment, I could end up being wrong since the bill hasn't even been passed in the Senate yet and looks like it will be delayed in the House.
by The Broz
Wed Mar 25, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Smarter approach to "emergency funds"?
Replies: 108
Views: 6555

Re: Smarter approach to "emergency funds"?

I liked the idea that I came across a month or two ago. My understanding was that Taylor advocated for a two fund portfolio in taxable where the Total Bond Market was what you could not afford to lose and VTSAX (or maybe it was Total World) was everything else. Please correct me if I am off base. We...
by The Broz
Wed Mar 25, 2020 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Buy house with coronavirus uncertainty?
Replies: 15
Views: 1859

Re: Buy house with coronavirus uncertainty?

If you are confident that your income will be consistent (or are planning to pay cash for the house) and you are not planning to be house poor by the level of your purchase, I am not sure that I would be too wrapped up in wondering if house prices will fall. They may and you may end up paying a litt...
by The Broz
Tue Mar 24, 2020 6:21 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 193
Views: 10908

Re: Why does anyone invest in international funds?

Brianmcg321 wrote:
Tue Mar 24, 2020 5:24 pm
Why does anyone invest in international funds? Their returns are terrible.










Your welcome everyone. Just doing my part. :sharebeer
I see what you did there!
by The Broz
Tue Mar 24, 2020 5:06 pm
Forum: Personal Investments
Topic: Mostly holding cash right now. What should I do now?
Replies: 6
Views: 634

Re: Mostly holding cash right now. What should I do now?

We are holding a lot of cash now as well, and have been for a while as our plan is to pay cash for a house. It really depends on what your plans are. If you are planning to make a purchase at some point in the next few years, put it in a CD or something (Ally and Marcus have no penalty CDs, if your ...
by The Broz
Tue Mar 24, 2020 4:59 pm
Forum: Personal Investments
Topic: [Differences in strategies: Ramsey vs Bogle]
Replies: 60
Views: 3750

Re: Ramsey or Bogle?

I'm as big a fan of Dave Ramsey as there is around here, and I would never tell anyone to follow his investment advice. I send folks to this forum and give them Jacks books and also recommend JL Collins. Keep it simple. +1 Dave is great for people who cannot control their spending habits, and for g...
by The Broz
Tue Mar 24, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: What is the point of stocks?
Replies: 101
Views: 6282

Re: What is the point of stocks?

If you go onto Google Finance and look for VTSAX, check out the graph and select "Max". You will see that the price back in 2000 was about $35. Right now, it is $55-ish. So if you start in 2000 with $35 and even give yourself 2% per year, you come out to about $52 in 2020. So I am giving you a 2% re...
by The Broz
Mon Mar 23, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: Cramer on buying index funds during downturn
Replies: 54
Views: 5085

Re: Cramer on buying index funds during downturn

Owning the winners and losers is an advantage of index funds, not a problem. Exactly - it is a feature, not a bug. I also agree that he rates up there with Dave Ramsey, as far as investment advice. I love Dave for just about everything outside of investment advice, but his investment advice is terr...
by The Broz
Sun Mar 22, 2020 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for the perspective of others re: PT work
Replies: 5
Views: 471

Re: Looking for the perspective of others re: PT work

From what i gather of your situation all of this is purely a personal lifestyle determination that happens to impact finances. Simply choose whichever aligns with your values and understand how it affects you financially. This, above. You are not asking a financial question, more of what I want to ...
by The Broz
Sun Mar 22, 2020 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for the perspective of others re: PT work
Replies: 5
Views: 471

Re: Looking for the perspective of others re: PT work

Thanks for the thoughts FT = Full time PT = Part Time So - I am pretty committed that we will not take out a mortgage just so that we can invest. Especially now - that seems like needless risk. Who's to say that the market will come back? The market has been stagnant in Japan for a long time. I woul...
by The Broz
Sun Mar 22, 2020 3:01 pm
Forum: Personal Investments
Topic: Emergency Fund (ICSH) loosing value rapidly - What to do ?
Replies: 21
Views: 1121

Re: Emergency Fund loosing value rapidly - What to do ?

Ally has no-penalty CDs. I have not done this yet, but it may be an option for us for all/part of our EF in the future. You will get a better interest rate than MM in the near term, and you can pull the money out if you really need to.
by The Broz
Sun Mar 22, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for the perspective of others re: PT work
Replies: 5
Views: 471

Looking for the perspective of others re: PT work

Here's the situation. Family and I are relocating cross country for family, friends, lower COL and nicer pace of life. We have a big pile of cash saved (currently renting and plan to rent for a few months upon arrival) to the point that we would be able to pay cash for a house. Before the recent eve...
by The Broz
Sat Mar 21, 2020 3:23 pm
Forum: Personal Investments
Topic: A thank you to the “pay down the mortgage” folks...
Replies: 31
Views: 3341

Re: A thank you to the “pay down the mortgage” folks...

I think you are absolutely right to want to pay off the house as early as possible. Since you still have some time to go, it is probably not the end of the world to budget in a small amount of investment money given the situation - just don't do it thinking you are going to make a quick score (you m...
by The Broz
Thu Mar 19, 2020 4:40 pm
Forum: Personal Investments
Topic: Three fund vs further diversified [for wife's account]
Replies: 3
Views: 137

Re: Three fund vs further diversified [for wife's account]

Read the Boglehead book on the Three Fund Portfolio. That is a great resource.
by The Broz
Thu Mar 19, 2020 4:38 pm
Forum: Personal Investments
Topic: When will S&P 500 go back to 3386 ?
Replies: 98
Views: 6027

Re: When will S&P 500 go back to 3386 ?

December 2020
by The Broz
Mon Mar 16, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 154
Views: 22267

Re: Deploying your emergency fund to buy stocks? Think again.

Question for the group: do you believe a portion of one's "emergency fund" actually be invested in the stock market? My scenario: my wife and I are both 29 years old. We maintain 2 months' expenses in a checking account at all times. Everything beyond that we have always invested (100% equities). O...
by The Broz
Mon Mar 16, 2020 9:06 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 154
Views: 22267

Re: Deploying your emergency fund to buy stocks? Think again.

To clarify - you moved money in your Roth to ST bonds in an amount sufficient to be your EF (or to get your EF up to a point that you felt sufficient)? I am asking for selfish reasons. We are looking at buying a house maybe in the fall (or sooner if there is a good sale on houses), and my goal is t...
by The Broz
Mon Mar 16, 2020 8:48 pm
Forum: Investing - Theory, News & General
Topic: Will the F.I.R.E. movement survive?
Replies: 98
Views: 6909

Re: Will the F.I.R.E. movement survive?

two things are certain: 1) people are stupid 2) being poor sucks. if middle class people want to be poor. fine. they'll realize pretty soon after being poor that it sucks (see 2) above), and go back to doing what made them middle class, which was probably having a job. I stopped working in 2018 at ...
by The Broz
Mon Mar 16, 2020 8:06 pm
Forum: Investing - Theory, News & General
Topic: Will the F.I.R.E. movement survive?
Replies: 98
Views: 6909

Re: Will the F.I.R.E. movement survive?

I think FIRE is often misrepresented (at least my perception of it). I think the idea is to save aggressively and get to a point where you can live the lifestyle you want without working (or working much). That can mean moving to a different part of the country where COL is much cheaper, for example...
by The Broz
Mon Mar 16, 2020 8:00 pm
Forum: Investing - Theory, News & General
Topic: Deploying your emergency fund to buy stocks? Think again.
Replies: 154
Views: 22267

Re: Deploying your emergency fund to buy stocks? Think again.

Great post. Emergency fund protects from tail risk which is just this kind of sudden economic stop/unexpected(unlike expected) job loss. When I was buying the house, I felt my EF was insufficient and followed Grabiner's advice from all the other threads over years. Sold stocks of an equivalent need...
by The Broz
Mon Mar 16, 2020 5:56 pm
Forum: Investing - Theory, News & General
Topic: It's all my fault...
Replies: 3
Views: 469

Re: It's all my fault...

My Dad told me about when he hit their number. It was a little surreal, but he just moved basically everything into some form of bonds (I think). He kept his future investment allocation the same, but now the real nest egg was "safe".
by The Broz
Mon Mar 16, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand Vanguard's Settlement Fund
Replies: 10
Views: 880

Re: Help Me Understand Vanguard's Settlement Fund

I think you might want to contact Vanguard Customer Service for these questions. They are more qualified to discuss this sort of thing.
by The Broz
Mon Mar 16, 2020 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Current situation and housing market
Replies: 18
Views: 1816

Re: Current situation and housing market

uberdoc wrote:
Mon Mar 16, 2020 4:17 pm
Update: Seller accepted our offer. Uncertain what to do next? Although my job is kind of secure, who knows what holds in future?
YAY! Well done! If it is an offer you can afford and you feel like the job is ok, proceed as planned!
by The Broz
Mon Mar 16, 2020 2:50 pm
Forum: Personal Investments
Topic: Have ~ $90K in VMFXX fund, Should i move them to safer account?
Replies: 16
Views: 1150

Re: Have ~ $90K in VMFXX fund, Should i move them to safer account?

Hello, I am planning to purchase in next 3-4 months and have parked ~90K funds for closing and downpayment in VMFXX fund. I read couple of threads about how VMFXX fund is not entirely safe. Shall i move these funds to federally insured fund? If yes, where shall i move these funds to? Why not VUSXX?...
by The Broz
Mon Mar 16, 2020 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house - should I get out of it now?
Replies: 40
Views: 3568

Re: Buying a house - should I get out of it now?

How would you react if the other party stopped the transaction or asked for a price concession? This is what I was thinking as well. I think that if you want to back out for fear of your financial future, that is understandable. If you are backing out because you think you can do better on the pric...
by The Broz
Mon Mar 16, 2020 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Bad market to buy and sell a house in?
Replies: 6
Views: 694

Re: Bad market to buy and sell a house in?

I think the price of residential housing will be down after our current crisis is over. Let's say 20%. If you really want to move and don't mind losing the 20% on your current house, go ahead and move now. If it is not worth the 20% to move now, cancel the contract if you can and just stay put. I w...
by The Broz
Mon Mar 16, 2020 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house - should I get out of it now?
Replies: 40
Views: 3568

Re: Buying a house - should I get out of it now?

How manageable is your mortgage payment? Going into a transaction like this where you would start to approach the level of being house-poor, even in good times would not be a good idea. You have a good amount in emergency fund. I am not sure I would be too worried about it, based on what you said he...
by The Broz
Mon Mar 16, 2020 1:06 pm
Forum: Personal Investments
Topic: Have ~ $90K in VMFXX fund, Should i move them to safer account?
Replies: 16
Views: 1150

Re: Have ~ $90K in VMFXX fund, Should i move them to safer account?

Hello, I am planning to purchase in next 3-4 months and have parked ~90K funds for closing and downpayment in VMFXX fund. I read couple of threads about how VMFXX fund is not entirely safe. Shall i move these funds to federally insured fund? If yes, where shall i move these funds to? Why not VUSXX?...
by The Broz
Mon Mar 16, 2020 12:54 pm
Forum: Personal Consumer Issues
Topic: Coronavirus - Helping Others
Replies: 19
Views: 1323

Re: What can I do to help? (Love in the time of COVID-19)

We are in the process of moving and some friends offered to come help us pack. In exchange, I was going to give them some of our surplus stuff that is not being moved (e.g. laundry detergent, food). I am starting to wonder if we should have them over. If we don't, I guess I now know that I can try t...
by The Broz
Mon Mar 16, 2020 12:45 pm
Forum: Personal Consumer Issues
Topic: Thinking I should go car shopping amidst the panic
Replies: 98
Views: 8510

Re: Thinking I should go car shopping amidst the panic

Wondering if the car dealers are starting to hurt. Seems logical that fewer people would be in the mood to be car shopping now. I'm considering hitting some dealers and throwing a lowball offer at them for something. What do you think? Absolutely - if you are in a spot where you are thinking of get...
by The Broz
Mon Mar 16, 2020 12:30 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5637

Re: Take money out of the bank?

dru808 wrote:
Sun Mar 15, 2020 8:33 pm
Yes, get your money out of a bank and into a credit union.
Why does this matter?

Edit: sorry, i didn't read the whole thread. NVM
by The Broz
Mon Mar 16, 2020 12:27 pm
Forum: Personal Consumer Issues
Topic: Are you in the mood to buy anything?
Replies: 62
Views: 4955

Re: Are you in the mood to buy anything?

We are in the process of a cross country move. We can't really back out now - not that I would want to - but a cross country move is stressful as it is. The thought of even more draconian measures coming does not help. Now - in a few months, if the houses start becoming cheap and sellers become moti...
by The Broz
Mon Mar 16, 2020 12:03 pm
Forum: Personal Investments
Topic: Where should I hold money for a down payment?
Replies: 13
Views: 687

Re: Where should I hold money for a down payment?

Random Poster wrote:
Mon Mar 16, 2020 12:00 pm
I don't know the answer, but could you just hand over the cash now to the escrow agent and thereby avoid the issue altogether?
Interesting suggestion.

OP-Is the concern that there might be a run on the banks, and your money might vanish?
by The Broz
Mon Mar 16, 2020 12:01 pm
Forum: Personal Investments
Topic: Emergency fund in total asset calculation
Replies: 4
Views: 175

Re: Emergency fund in total asset calculation

I would include everything (EF, best guess at value of cars and house, etc.). To me - if you can rationalize not including something, then you can rationalize not including other things to the point of not knowing why you are adding up all of this stuff to begin with.
by The Broz
Mon Mar 09, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Actual Cash Money Without Extensive Paper Trail
Replies: 27
Views: 2823

Re: Actual Cash Money Without Extensive Paper Trail

31 CFR § 1010.314 - Structured transactions. § 1010.314 Structured transactions. No person shall for the purpose of evading the transactions in currency reporting requirements of this chapter with respect to such transaction: (a) Cause or attempt to cause a domestic financial institution to fail to...
by The Broz
Mon Mar 09, 2020 6:17 pm
Forum: Investing - Theory, News & General
Topic: "If you were happy to buy it then" fallacy
Replies: 64
Views: 4050

Re: "If you were happy to buy it then" fallacy

"Offended" because you have discovered a "fallacy" with investing? OK
by The Broz
Mon Mar 09, 2020 5:48 pm
Forum: Investing - Theory, News & General
Topic: "If you were happy to buy it then" fallacy
Replies: 64
Views: 4050

Re: "If you were happy to buy it then" fallacy

Again, I am getting at the bottom of the attitude that one should not care at all about downturns. At your own peril. You are welcome to your opinion. Your opinion may be right for you, but that doesn't mean it is right for everyone. Getting upset because not everyone agrees with you is not an admi...
by The Broz
Mon Mar 09, 2020 5:32 pm
Forum: Personal Investments
Topic: Ok, I'll ask it... temporarily getting out of the market with a small % of portfolio?
Replies: 52
Views: 3045

Re: Ok, I'll ask it... temporarily getting out of the market with a small % of portfolio?

Personally, I think you know the answer to your question and are just looking for validation. You are the one who has to deal with outcome of the bets you make. If you are that confident in your market forecast, then go for it.
by The Broz
Mon Mar 09, 2020 5:09 pm
Forum: Investing - Theory, News & General
Topic: "If you were happy to buy it then" fallacy
Replies: 64
Views: 4050

Re: "If you were happy to buy it then" fallacy

This isn’t about any money I do or don’t have invested. You are saying you expect higher prices in the future but there’s no reason to expect that any more than a sideways market. Buying into the Total Stock Market fund is a bet on the future success of American business. If you don't want to make ...
by The Broz
Mon Mar 09, 2020 5:01 pm
Forum: Personal Investments
Topic: Starting a Retirement Fund During a Downturn
Replies: 2
Views: 236

Re: Starting a Retirement Fund During a Downturn

Yep - add some Total Bond Market in there and in proportions that you are happy with. From there, just do your best to consistently save and periodically re-balance. The best predictor of having a large account balance years down the road is actually putting money into the account.
by The Broz
Mon Mar 09, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: How To Stay Positive When Feeling Nickle and Dimed
Replies: 21
Views: 2867

Re: How To Stay Positive When Feeling Nickle and Dimed

We live pretty frugal lives, and travel is the one area where we will spend a little. For example - when we decided to visit Paris, my wife asked what my budget was for a place to stay. My response was "whatever is costs". I wasn't going to stay in a dump to save a few dollars. We are still pretty c...
by The Broz
Mon Mar 09, 2020 4:48 pm
Forum: Investing - Theory, News & General
Topic: "If you were happy to buy it then" fallacy
Replies: 64
Views: 4050

Re: "If you were happy to buy it then" fallacy

What's the difference if you do not need the money now? Sure - it sucks that the market pulls back sometimes, but that is the price of entry. If you need the money in the near term, equities is not the place to risk it. My wife and I sold a pile of various single stocks last year that we held in bro...
by The Broz
Mon Mar 09, 2020 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Travel Spend as % of Total
Replies: 15
Views: 986

Re: Travel Spend as % of Total

I was wondering what other people spend on travel, as it is the one category where we could easily cut back to save money. However, we still live below our means and it's something we enjoy doing, so I don't feel too bad our spend there. Below I list our travel spend in absolute dollars and as a pe...
by The Broz
Sun Mar 08, 2020 10:20 pm
Forum: Personal Investments
Topic: Do I need Bonds?
Replies: 9
Views: 653

Re: Do I need Bonds?

Emergency Fund: 3-6 months of expenses. (Currently Building back Up) Debt: None House is Paid off (65K) Filing Status: married filing jointly Tax Rate: 12% Fedral 9% state State: Iowa Age: 25 wife 26 AA: 90/10 Right now we have roughly 67K invested between work Roth 401k and Roth's Income going for...