Search found 14 matches

by Bushka
Tue Dec 15, 2020 12:54 pm
Forum: Investing - Theory, News & General
Topic: Newby question about Roth IRAs
Replies: 13
Views: 976

Re: Newby question about Roth IRAs

The only investing I've done lately is to buy some shares of DIA, the Dow average. I guess VTI and VOO are more sophisticated but when I look up the 5 year trend VTI and DIA have both about doubled and VOO has done a little less than that. Is there really an advantage in the Vanguard funds over simp...
by Bushka
Sun Dec 13, 2020 10:31 am
Forum: Investing - Theory, News & General
Topic: Newby question about Roth IRAs
Replies: 13
Views: 976

Re: Newby question about Roth IRAs

If you open a Roth a great plan would be to invest in Vanguard’s Total Stock Market ETF and leave it alone. That way you won’t have that part time job of investing. You also won’t have the hundreds of dollars in fees. If my math is correct and your VTI grows to 1 million then you pay 300 dollars a ...
by Bushka
Sun Dec 13, 2020 3:34 am
Forum: Investing - Theory, News & General
Topic: Newby question about Roth IRAs
Replies: 13
Views: 976

Re: Newby question about Roth IRAs

Thanks for the replies! So I can wait until after filing taxes before the deadline to see where my income shakes out this year. Hard to say for this year in particular (business owner). I believe the .3% fee was for a robo managed account, which I gather here isn't necessary. I was just thinking a f...
by Bushka
Sat Dec 12, 2020 11:25 am
Forum: Investing - Theory, News & General
Topic: Newby question about Roth IRAs
Replies: 13
Views: 976

Newby question about Roth IRAs

Hi. I'm 56 and have really neglected retirement planning but to make a long story short, it is nearing the end of the year and I was considering to invest in a Roth IRA. I thought I'd get the max contribution of $7000 in before the end of the year, even if I don't yet have a long term strategy for r...
by Bushka
Tue Nov 24, 2020 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Follow Up to "Check my math and logic" thread re mortgage etc.
Replies: 3
Views: 190

Re: Follow Up to "Check my math and logic" thread re mortgage etc.

Any chance of doing the refi for the current balance at 2.9% then adding a HELOC for any additional amount? Seems like the blended rate might beat 3.6%? I'd have to ask but I'm not sure what that would do to my monthly payment. I think I'm ok with 3.6% long term, though. Last time I had a HELOC the...
by Bushka
Tue Nov 24, 2020 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Follow Up to "Check my math and logic" thread re mortgage etc.
Replies: 3
Views: 190

Follow Up to "Check my math and logic" thread re mortgage etc.

I recently posted a question on investing vs paying off a debt here and some of you were kind enough to give great feed back: https://www.bogleheads.org/forum/viewtopic.php?p=5603098&sid=e5099367f0160e161a6c637a9ed85fb6#p5603098 I've gathered the important points, I think, and understand that th...
by Bushka
Sun Nov 22, 2020 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

@FiveK: I've seen that ring nebula in my telescope many years ago. Amazing thing, although of course it only looks like a white smudge in real life. The ring is clearly distinct, though. Yes, the Hubble camera has its advantages. :) Let's say I have $100K in cash, and I also have a new debt of $100...
by Bushka
Sat Nov 21, 2020 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

Its better to think of the stock side as a range of possible outcomes, rather than one outcome, assuming a 'typical' compound rate of return. Stocks dont work like that. While your math is a good starting point, the truth is that you may come out ahead, even, or behind assuming a stock investment. ...
by Bushka
Sat Nov 21, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

@FiveK: I've seen that ring nebula in my telescope many years ago. Amazing thing, although of course it only looks like a white smudge in real life. The ring is clearly distinct, though.
by Bushka
Sat Nov 21, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

It makes sense, but that isn't really my situation. Wish it were! I don't have $100K/year disposable income to invest. Pick any number, but the point is the same: investing, or paying a loan, with the same return/interest, gives identical results. OK, I wanted to be sure you didn't think I was inve...
by Bushka
Sat Nov 21, 2020 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

It makes sense, but that isn't really my situation. Wish it were! I don't have $100K/year disposable income to invest.
by Bushka
Fri Nov 20, 2020 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

BTW, under your original assumptions of the loan rate and investment return being the same amount (5% in your example), then the math should work out to you ending up with the same amount of money after 10 years. If it didn’t, that would mean that your math was wrong. That's not quite what I did. I...
by Bushka
Fri Nov 20, 2020 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Re: Can someone check my math and my logic on this?

Thanks for all the replies! I do not seem to be getting email notifications of replies so I was unaware of the activity to date. I do have some follow ups when I get a chance to go through everything.

Dan
by Bushka
Mon Nov 16, 2020 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone check my math and my logic on this?
Replies: 28
Views: 3030

Can someone check my math and my logic on this?

Hi. First post here, hope it isn't a bonehead one! Without getting into too much detail at the moment, I want to make a comparison and I'm using hypothetical numbers. Let's say I have $100K in cash, and I also have a new debt of $100K that is to be paid over 10 years at 5% interest, which is a month...