Search found 2915 matches

by kenyan
Tue Jul 03, 2018 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Few Questions About Early Retirement
Replies: 13
Views: 1956

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: 4244

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: 4244

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: 2057

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: 1911

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: 4244

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: 1132

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: 1132

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: 3963

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: 606

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: 3963

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: 323

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: 6340

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: 6340

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: 24
Views: 2070

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: 397

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: 104253

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: 104253

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: 680

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: 3275

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: 1207

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: 1207

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: 6072

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: 1207

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: 2568

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: 2568

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: 104253

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: 3663

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: 432

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: 17694

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: 7094

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: 1934
Views: 350110

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: 13337

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...
by kenyan
Wed Apr 18, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: Child expenses - what to expect as your kids go from daycare to school
Replies: 20
Views: 3131

Re: Child expenses - what to expect as your kids go from daycare to school

Our expenses decreased about 50%. Before and after school daycare is still expensive for our public school. Additionally, sports and other activities are eating into our "savings" This is similar to our experience, though it's more like a 40% reduction for us. The public school schedules around us ...
by kenyan
Wed Apr 18, 2018 8:58 am
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 30
Views: 3032

Re: Owning 3 vehicles

Why not sell the Prius and buy a more appropriately sized car? The money saved on insurance/maintenance/registration for a 3rd car would more than pay for any loss in gas mileage.
by kenyan
Wed Apr 18, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 16543

Re: Is Los Angeles a good place long term to live financially?

I’m thinking of moving to LA and spending the rest of my life there, but I’m concerned about the cost. Is LA expensive? And would pursuing my goals be worth the cost of living there and are the costs worth the quality of life I would have there? Some of my goals are: 1. Get an MBA at a good busines...
by kenyan
Wed Mar 21, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 4044

Re: Home equity as part of retirement plan

My current plan is either (1) or (5), depending upon your definitions. "Downsizing" will be done on a price basis - we're going to move to a cheaper COLA, but likely have a larger house on a larger plot of land. We're aiming to retire fairly early - mid 40s - with the kids still at home and in schoo...
by kenyan
Thu Mar 08, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 19858

Re: What was your % pay raise?

Zero so far. Was supposed to our annual increase in February, but the bargaining unit is holding things up over other issues. The last numbers I saw proposed were on the order of 1.4% across the corporation, though the union was trying to eliminate it altogether in exchange for other concessions. DW...
by kenyan
Wed Feb 28, 2018 8:33 pm
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4345

Re: Move to Orange County

Thank you to everyone who has posted in the thread. The posts have been very helpful to me. Some background - I've never been to California and we don't know anyone personally who lives in OC or So Cal. Therefore, I have no clue what expensive means - when most people are telling us not to make the...
by kenyan
Sat Feb 10, 2018 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2729

Re: Anybody hit their rebalance bands?

Nope. A little sad that I moved $20k of new money in just before the fall, but it happens. Just will look to TLH it later (can't now due to other purchases).
by kenyan
Sat Feb 10, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 7078

Re: Live / work in California - Technology Career

I grew up in Michigan, but have lived in California for close to 18 years now (both the Bay Area and LA area). Significantly more expensive here: 1. Housing - far and away the biggest difference. Even looking at median prices doesn't really capture the difference between here and Michigan. A nice, m...
by kenyan
Wed Feb 07, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 13839

Re: Am I saving too much for retirment?

What are your goals? Retire at 65? You're well on track, but that's a long way from now, and your savings now are more important/influential than ever. 30% savings at 28 is fantastic. Saving up a down payment for a house? If so, I could see an argument for diverting some of your savings, but that wo...
by kenyan
Mon Feb 05, 2018 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: wash sales and selling after purchase within 30 days
Replies: 6
Views: 718

Re: wash sales and selling after purchase within 30 days

I am relatively new to investing and to Bogleheads (am learning after recent inheritance). I am still uncertain about the rules concerning selling for a loss *after* purchasing shares in the same fund within 30 days. I've read http://fairmark.com/capgain/wash/wsreplac.htm and this informative threa...
by kenyan
Mon Feb 05, 2018 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Planning to semi-retire in 2-3 years
Replies: 6
Views: 1139

Re: Planning to semi-retire in 2-3 years

I would not count on safely drawing $45k per year inflation adjusted from a $1m portfolio indefinitely. Yes, a 4.5% withdrawal rate (edit - I see that you'll likely have more, so you might be ok depending upon the next couple of years) sometimes works (worked in the past), but it also sometimes fail...
by kenyan
Sun Feb 04, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 17042

Re: Blood in the water- buying?

I bought a bunch this past week. It had nothing to do with the market's performance, and everything to do with re-jiggering my thinking into considering my entire portfolio as one AA, rather than separating out a super-safe EF. I had to buy equities. Unfortunately for me, I bought midway through the...
by kenyan
Sat Feb 03, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 19604

Re: For BHs who actually like cars - what is your daily driver?

I like other cars. My daily driver is a 2007 Hyundai Elantra. I don't like it at all, but it gets the job done.

Still on the waiting list for a Tesla Model 3, but unsure if I'm going to pull the trigger. The pull of early retirement is getting hard to resist.
by kenyan
Tue Jan 30, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?
Replies: 38
Views: 4726

Re: Does anyone use Personal Capital, Mint, Tiller, or You Need a Budget?

I use YNAB Classic as well. Got it for $15 during a Steam Sale years ago. It's been great for empowering my understanding of our expenses and outflows, and helped me identify and cut the fat. No interest in paying the monthly fee for current version. If they kill off the fee-free version, I'll figur...
by kenyan
Sat Jan 27, 2018 11:36 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 424
Views: 41649

Re: Can I be a member of the two comma club?

alas, some of us only consider “millionaires “ when we’ve got that in “investable assets “ of which home equity is not included (many, many threads on that) but congrats on the milestone OP is a millionaire. Home equity counts toward net worth. I worked very hard to get a proper 20% down payment wh...
by kenyan
Sun Jan 21, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: A 4-5% rebalance to bonds barely budges risk/return
Replies: 43
Views: 3823

Re: A 4-5% rebalance to bonds barely budges risk/return

I'm not sure why you say that 30% vs 40% of a portfolio loss would be just as painful. If I had a million dollars (cue the music), and then during a crash it fell to $600k, I'm sure I'd much rather have $700k. For the OP, the question is whether you were wrong when you made your plan to be at 70/30....