Search found 2932 matches

by kenyan
Wed Jan 16, 2019 6:25 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 852
Views: 45010

Re: John Bogle is dead at 89

RIP to a great man, who could've been just another selfish billionaire, but instead chose to enrich the rest of us.
by kenyan
Tue Jan 15, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10264

Re: Millionaire by 40 and How you Did it?

Made this milestone in net worth, but not in liquid investments. I don't really think of myself as a millionaire with $400k tied up in our primary residence (and if you ding me for this being household NW, then I certainly didn't make it). Nevertheless, we managed by having a reasonably good income ...
by kenyan
Mon Jan 14, 2019 5:50 pm
Forum: Investing - Theory, News & General
Topic: Buying ETF intraday vs. buying index fund at NAV
Replies: 3
Views: 333

Re: Buying ETF intraday vs. buying index fund at NAV

Similar experience to those above, though I haven't quite gone down the 'market order' route (yet). I would often try to set my limit price a bit below the current bid, and wait around for the execution. Typically worked. As noted, every once in a while it wouldn't work, and then I'd sometimes have ...
by kenyan
Wed Jan 02, 2019 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Drop Stocks Altogether: Age Dependent Decision?
Replies: 23
Views: 1590

Re: Drop Stocks Altogether: Age Dependent Decision?

Stocks provide valuable diversification, and I think that everyone should have some. I'm imagining that when you're looking at drops in your stocks, you're considering them in isolation - 'my stocks dropped 20%, or my stocks might go up 100% over the next 10 years, who cares' - when you really shoul...
by kenyan
Tue Jan 01, 2019 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax 401(k) to Roth IRA
Replies: 21
Views: 1157

Re: After Tax 401(k) to Roth IRA

I'm finally able to join the Mega Backdoor Roth IRA club in 2019, due to a plan change at work. Unfortunately, I won't be able to reach the limit due to plan restrictions ( can only contribute up to a certain percentage of salary to the after-tax plan ), but thanks to a beefed-up employer match, I'...
by kenyan
Tue Jan 01, 2019 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax 401(k) to Roth IRA
Replies: 21
Views: 1157

Re: After Tax 401(k) to Roth IRA

I'm finally able to join the Mega Backdoor Roth IRA club in 2019, due to a plan change at work. Unfortunately, I won't be able to reach the limit due to plan restrictions (can only contribute up to a certain percentage of salary to the after-tax plan), but thanks to a beefed-up employer match, I'll...
by kenyan
Mon Dec 31, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: After Tax 401(k) to Roth IRA
Replies: 21
Views: 1157

Re: After Tax 401(k) to Roth IRA

I'm finally able to join the Mega Backdoor Roth IRA club in 2019, due to a plan change at work. Unfortunately, I won't be able to reach the limit due to plan restrictions (can only contribute up to a certain percentage of salary to the after-tax plan), but thanks to a beefed-up employer match, I'll ...
by kenyan
Mon Dec 10, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Who is buying SCV, EM, Intl SC
Replies: 41
Views: 2777

Re: Who is buying SCV, EM, Intl SC

Yep, I have big chunks of International Small, Domestic Small-Cap Value, and Emerging Markets (as well as REITs). Been doing a lot of buying of all of those to maintain asset allocation. Not a good year for my portfolio's return, but thankfully I've contributed far more this year than any other. REI...
by kenyan
Tue Dec 04, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14573

Re: Retirement itch- when did you get it?

I had always had the plan to retire from a regular job and do something on my own by 55. I was pretty much this way as well; I've never loved having a full-time job. Knew that I wanted it, but figured it would take a while, and that I would need to wait until kids were out of college, around 59.5. ...
by kenyan
Thu Nov 15, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Accuracy of Zillow/Trulia/Redfin Estimates
Replies: 51
Views: 4687

Re: Accuracy of Zillow/Trulia/Redfin Estimates

Zillow's estimate for my house is stubbornly low, and has been since even before I bought it. I think that part of the problem is that they keep grabbing comps from an adjacent city that has much worse schools (and house prices typically at least 20-30% less). Redfin's seem closer, but might be a ta...
by kenyan
Tue Oct 30, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: controlling retirement income for ACA threshold-457
Replies: 7
Views: 836

Re: controlling retirement income for ACA threshold-457

Not an expert on this, but - 400% FPL for a couple is just shy of $66,000 in 2019. Do you have other dependents? Otherwise, it doesn't look like you're going to be eligible, if what you say is accurate, especially after 5 more years of growth. Still, you might be letting the tail wag the dog if you'...
by kenyan
Tue Oct 16, 2018 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting: Long term vs. short term losses.
Replies: 17
Views: 1951

Re: Tax loss harvesting: Long term vs. short term losses.

OK, thanks. Would a target date fund in a tax advantaged account that contains some VTIAX be considered substantially identical? No. Moreover, the poster above is incorrect: the IRS has never indicated that it considers employer-sponsored plans (e.g., 401k, 401a, 403b) for wash-sale purposes. You c...
by kenyan
Sun Oct 14, 2018 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting: Long term vs. short term losses.
Replies: 17
Views: 1951

Re: Tax loss harvesting: Long term vs. short term losses.

Thanks livesoft. So just to clarify I can just click on all my VITAX lots (lump sum purchases, distributions, both short and long term) that show losses and exchange them immediately for VTSAX, VEMAX, etc? Since no VITAX dividend distributions are scheduled until late December, I can't accidently t...
by kenyan
Fri Oct 05, 2018 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7930

Re: Evaluate net worth - FIRE really that close?

how do you get your annual spend down to $90k if you have to start paying for medical insurance? I wouldn't count the restricted stock until you have the money in hand. How do you get to $3 million? I'm not seeing it. Note that you're going to have to go down to $90k before taxes if you're looking ...
by kenyan
Tue Oct 02, 2018 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to retire early, what should I do?
Replies: 19
Views: 1535

Re: Trying to retire early, what should I do?

Undone1 wrote:
Tue Oct 02, 2018 1:50 pm

Why HSA? Doesn't it only cover medical expenses and not roll over between years and can't be invested?
You're thinking of FSA (Flexible Spending Account), not HSA (Health Savings Account). The HSA will only be available to you if you're covered by a High-Deductible Health Plan.
by kenyan
Tue Oct 02, 2018 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to retire early, what should I do?
Replies: 19
Views: 1535

Re: Trying to retire early, what should I do?

Don't prioritize taxable savings over your 403b and HSA. If you were investing in your 403b instead of taxable, you'd have more money to save. If your tax rate is low enough, you could consider a Roth 403b instead. There are penalty-free methods to get your money out of retirement accounts even when...
by kenyan
Wed Aug 08, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: VGSIX any thoughts on adding it
Replies: 11
Views: 1211

Re: VGSIX any thoughts on adding it

Started the 3 fund portfolio...would like to add VGSIX (real estate index). What’s your thoughts on adding VGSIX as the 4th fund? The yield is more than VTSAX. Vanguard Real Estate Index Fund Investor Shares (VGSIX) has a relatively low correlation to the total stock market, about 46 where 100 repr...
by kenyan
Tue Jul 03, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Few Questions About Early Retirement
Replies: 13
Views: 2120

Re: Few Questions About Early Retirement

I don't necessarily think you should be going that conservative just because you might be retiring relatively soon - as a potential early retiree, your money needs to last a lot longer - say, 50 years - which means it should be more aggressive than the "typical" mid-60s retiree who is planning for a...
by kenyan
Tue May 22, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4724

Re: Is Whole Life Insurance Worth It?

Term is 100% profit for the insurance company Except for the whole policyholder dying thing. That's gotta cut into profits. I have a coworker who is using term life as an investment. You heard me correctly. He's over 70, and is holding a policy to try to increase his inheritance. He figures that if...
by kenyan
Tue May 22, 2018 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4724

Re: Is Whole Life Insurance Worth It?

Term is 100% profit for the insurance company Except for the whole policyholder dying thing. That's gotta cut into profits. I have a coworker who is using term life as an investment. You heard me correctly. He's over 70, and is holding a policy to try to increase his inheritance. He figures that if...
by kenyan
Thu May 17, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Taking advantage of 0% tax rate on capital gains
Replies: 18
Views: 2249

Re: Taking advantage of 0% tax rate on capital gains

As far as state tax, I've noticed that an incredible number (>90%) of active-duty military seem to hail from states with no state taxes, regardless of where they are currently stationed. :D
by kenyan
Wed May 16, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 2211

Re: Where to invest after maxing out retirement?

My priority: 1. Her SIMPLE IRA match 2. His 403(b) to max 3. Her Roth IRA (no longer possible due to income increase) 4. His Roth IRA (now backdoor) 5. Her SIMPLE IRA to max 6. 529 accounts 7. I bonds 8. Taxable Also prepaying mortgage principal. The hierarchy becomes a bit muddled after (5), since ...
by kenyan
Sat May 12, 2018 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is Whole Life Insurance Worth It?
Replies: 54
Views: 4724

Re: Is Whole Life Insurance Worth It?

Do not purchase permanent insurance (whole life or other similar products) from your friend or anyone else. Decreasing Roth IRA contributions to purchase whole life would be a big mistake. If you need life insurance (you may not, unless you feel that your spouse is dependent upon your income and wou...
by kenyan
Thu May 10, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Funding the gap between separation of service and retirement?
Replies: 9
Views: 1235

Re: Funding the gap between separation of service and retirement?

VYM doesn't have a *high* tax liability, but it's not the most efficient in taxable, as it is a high-dividend fund. In taxable, it's preferable to minimize dividends in order to defer taxes. For example, VTI has a yield of 1.83% vs. the yield of 3.09% on VYM. Not a huge deal, but it could start to m...
by kenyan
Mon May 07, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Funding the gap between separation of service and retirement?
Replies: 9
Views: 1235

Re: Funding the gap between separation of service and retirement?

We have a 90k mortgage balance on our house, with an interest rate of 4.5%. Our monthly payment is $800, but I always pay $1000. We have a Defined Benefit (pension) though work which has a 9% penalty reduction for each year before 65 taken early. There is a optional survivor benefit, but it signifi...
by kenyan
Sat May 05, 2018 5:32 am
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 4500

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

I hear you. One way to accomplish that hedge might be a No Penalty CD. Ally Bank and CIT bank offer them, I believe. With a no penalty CD you can sock that $100k away, no risk to principal, earn probably about 1.9%, and it’s a no penalty so you can access it pretty fast if you need the money quickl...
by kenyan
Fri May 04, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Two TLH Questions
Replies: 7
Views: 728

Re: Two TLH Questions

Second one sounds like a wash sale to me, assuming you have a loss in your taxable account that you're claiming. From IRS Publication 550 (emphasis mine): https://www.irs.gov/publications/p550#en_US_2017_publink100010601 Wash Sales You cannot deduct losses from sales or trades of stock or securities...
by kenyan
Fri May 04, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 4500

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

We aren't necessarily even in a bull market right now. If we reach bear market status, it's defined by the previous high, which would mean subsequently mean that we've been in a bear market for three and a half months so far. If you have advance knowledge of the crash, please let me know. I'd prefer...
by kenyan
Fri May 04, 2018 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Growth charts, loads & fees
Replies: 4
Views: 403

Re: Growth charts, loads & fees

Your understanding is correct. It wouldn't necessarily make sense for Morningstar to try to include loads/fees for funds based upon ticker, since those can sometimes be waived or be different based upon what type of account they're held in. Expense ratio is included, as it applies to that that fund ...
by kenyan
Thu Apr 26, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: Electric Toothbrushes - again
Replies: 55
Views: 7002

Re: Electric Toothbrushes - again

one reason I like the Oral B is the pulse/light flash every 30 seconds to signal to rotate to a different part of the mouth. Maybe the new Sonicares do that, dunno, they didn't' when I bought my OB Many Sonicares do this as well - mine does. My wife's previous Sonicare had this feature, but her cur...
by kenyan
Wed Apr 25, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: Electric Toothbrushes - again
Replies: 55
Views: 7002

Re: Electric Toothbrushes - again

Another vote for Sonicare. Switched to Sonicare and got much more diligent about flossing about 12 years ago; no dental issues and much easier cleanings since.
by kenyan
Wed Apr 25, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Is Today a good day for TLH?
Replies: 25
Views: 2443

Re: Is Today a good day for TLH?

Quick question please, I could not find the exact answer on other discussions or missed it. Can I use VTI etf as TLH partner for VTSAX (Total Stock market ETF and MF) without invoking any problem? I have never traded in ETFs, always only MFs. Is there anything I should be mindful about? My usual go...
by kenyan
Mon Apr 23, 2018 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Old job 403b New job 401a
Replies: 7
Views: 480

Re: Old job 403b New job 401a

My current job has a 401a and 403b, but no 457b. You'll want to check into that before assuming anything. However, yes, the 457b would be another tax-advantaged plan. One other thing - you'll want to adopt "Roth" rather than "post-tax" as the proper nomenclature for clarity. There are other types of...
by kenyan
Mon Apr 23, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 116029

Re: To take or not to take delivery of Tesla 3

While I completely agree with what you posted, we should be fair and mention that Tesla never advertised "Tesla, free supercharging, fast, 200+ miles, autopilot, panoramic glass roof, etc for $27.5k after tax credit." Many, many, many people walked away with that thought, but it was based on many o...
by kenyan
Mon Apr 23, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 116029

Re: To take or not to take delivery of Tesla 3

These are cars that compete for the $$$ of luxury car buyers. I think there is going to be a lot of noise if people start to stretch their budgets to buy these vehicles. These folks are better off buying Bolts or hybrids. One place Elon was wrong is, IMO, a $35K car is not a mass market car. This i...
by kenyan
Sat Apr 21, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Relationship between Housing prices and wages
Replies: 3
Views: 808

Re: Relationship between Housing prices and wages

The statistics seem to say that wages are increasing. http://money.cnn.com/2018/02/02/news/economy/jobs-report-wage-increases-raises/index.html However, it definitely seems to be industry-dependent. My company in the space industry just agreed to a two-year 'merit increase' of 1.8%/year. When the su...
by kenyan
Sat Apr 21, 2018 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Want to be 100% in stock index funds ,
Replies: 31
Views: 3819

Re: Want to be 100% in stock index funds ,

If you'll be fine for 5 years without withdrawals, how are you doing that? Taking money out of your house? Pension? If the answer is: savings accounts or other investments that aren't in your "retirement accounts," guess what - You're not 100% stocks. Money is fungible. I recommend figuring out what...
by kenyan
Fri Apr 20, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 2051

Re: How do you compare VNQ vs SP500?

As an example, compare the time period 1/1/2000 - 4/19/2016. VFIAX was up 95.1%. VGSIX (REIT Index) grew 537%. What does that tell you? Are REITs now 5x as good as the S&P 500?
by kenyan
Fri Apr 20, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 2051

Re: How do you compare VNQ vs SP500?

I understand your point but personally I do not want to diversify. So I was looking for secondary or better investment than VINIX and after gazing thru returns VNQ is not better than VINIX if we are only looking at total returns. Also one more thing I want to mention. Those graphs from morningstar ...
by kenyan
Fri Apr 20, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 44
Views: 6734

Re: Anyone invest in I Bonds and why?

wondering if anyone buys I bonds and where they see them as a part of their portfolio and why they do so instead of bonds or a money market? I buy them. They are part of my fixed income allocation. Why buy them instead of a money market? They're superior in basically every way, aside from liquidity...
by kenyan
Fri Apr 20, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: How do you compare VNQ vs SP500?
Replies: 18
Views: 2051

Re: How do you compare VNQ vs SP500?

No, it doesn't appear that your chart is with reinvested dividends. You want a "growth of" chart not, a price chart. Why would you think that VNQ and the S&P 500 would/should be aligned? They have fairly low correlation. Here's what I would do: 1. Go to morningstar.com 2. Search for the fund "VFIAX"...
by kenyan
Thu Apr 19, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2833

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...
by kenyan
Thu Apr 19, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2833

Re: Effects of 20% Down payment over time, thoughts?

It's not just about how much you've paid over time. You don't just lose the money you've put into the down payment; you have equity. The vast majority of people don't buy a 30-year mortgage and make their normal payment for the duration - people move, people refinance, people accelerate mortgage pay...
by kenyan
Thu Apr 19, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 116029

Re: To take or not to take delivery of Tesla 3

Day 2 online reservation; I cancelled it a couple of months ago. It came down to money - this is a very expensive car, $50k base price right now, and that doesn't get you autopilot, color choice, wheels, etc, and that's all before any sales taxes and transaction fees. Sure, the tax credit knocks tha...
by kenyan
Wed Apr 18, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 4144

Re: Total Cost of Car Ownership over 10 years

As noted above, registration - in my state that's probably $2k-3k over 10 years. Taxes and other fees upon purchase, unless you've already accounted for them, might also be another $1-$2k.
by kenyan
Wed Apr 18, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth IRA Question
Replies: 6
Views: 510

Re: Backdoor Roth IRA Question

Doesn't make much sense in your situation. If you're married, perhaps your spouse could do it (if he/she does not have any pretax IRAs). Freeing up your IRA via rolling it into the 401k may or may not be an option; it would depend upon your particular plan. Also, even if it is an option, you'd have ...
by kenyan
Wed Apr 18, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 19967

Re: Can I retire at age 40?

Didn't read all of the replies, but the first page didn't mention this - if you have $120k of expenses, that isn't a $120k / $2.5M = 4.8% withdrawal rate. It's a ($120k + taxes) / $2.5M ~ 5.5-6% withdrawal rate. Much too high to sustain over a long retirement. Cut down on your expenses or increase y...
by kenyan
Wed Apr 18, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Your Money Or Your Life
Replies: 49
Views: 7619

Re: Your Money Or Your Life

I've been undergoing a psychological transition from 'frugal Boglehead who'd like to retire early, likely late 50s' to more of a true FIRE pursuer. In my mind, at least to those of us who live above the poverty line, money is freedom. You can choose to spend that freedom largely in three different w...
by kenyan
Wed Apr 18, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2299
Views: 400168

Re: What are you up YTD? [Year To Date]

XIRR has me UP 0.09%. Break out the caviar!

With Beardstown math I'm up 4.2% (not annualized).
by kenyan
Wed Apr 18, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 15619

Re: How Far is too Far, Commuting?

I live in Los Angeles county. I've lived in various places that have had my commute between 20-40 minutes on the way home; going in is a bit better as I arrive at work very early. Anything longer than 30 minutes in traffic and I'm grinding my teeth. There are certainly people whom I work with who do...