Search found 277 matches

by UnLearnYourself
Wed Feb 19, 2020 2:18 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

So after some shuffling of funds from my TIRA at Vanguard into my employers 401k at Fidelity (to prepare for potential future back door contributions...or mega back door, which I know the TIRA won't impact) as well as some research and soul searching on AA, including some time reading through the mi...
by UnLearnYourself
Wed Feb 19, 2020 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Optional AD&D + Optional Life? Or just Optional Life?
Replies: 6
Views: 220

Re: Optional AD&D + Optional Life? Or just Optional Life?

How did you calculate your insurance need? I ask because if it’s the sum of outstanding liabilities (like your 15 year mortgage) and you want to reduce your coverage over the years to match that, employer plans are easy to reduce each year, and most private insurers allow that depending on the poli...
by UnLearnYourself
Wed Feb 19, 2020 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Optional AD&D + Optional Life? Or just Optional Life?
Replies: 6
Views: 220

Re: Optional AD&D + Optional Life? Or just Optional Life?

How did you calculate your insurance need? I ask because if it’s the sum of outstanding liabilities (like your 15 year mortgage) and you want to reduce your coverage over the years to match that, employer plans are easy to reduce each year, and most private insurers allow that depending on the poli...
by UnLearnYourself
Wed Feb 19, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Optional AD&D + Optional Life? Or just Optional Life?
Replies: 6
Views: 220

Re: Optional AD&D + Optional Life? Or just Optional Life?

I should add in addition to the $562k that I am considering adding as an optional policy my employer provides me a $94k policy at no cost to me and my family - so we would net $656k total through my employer.
by UnLearnYourself
Wed Feb 19, 2020 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Optional AD&D + Optional Life? Or just Optional Life?
Replies: 6
Views: 220

Optional AD&D + Optional Life? Or just Optional Life?

I'm looking to increase my Optional Life Insurance through my employer as well as adding a policy outside of work. I'm 38 and have calculated I should have life insurance to the tune of $750k-$1M. My work's policy maxes out at $562k, at a fantastic rate. I work for an electric utility, a very stable...
by UnLearnYourself
Tue Feb 18, 2020 2:30 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

So I just moved money from my Vanguard TIRA into my Fidelity 401k per some advice of other bogleheads in a discussion about back door and mega back door contributions. Now I'm ready to reset my funds with a lot of the prior advice in this thread in mind. Though I'm still struggling with my AA final ...
by UnLearnYourself
Sat Feb 15, 2020 9:27 am
Forum: Personal Investments
Topic: Best Site/Software for Portfolio Management?
Replies: 31
Views: 2233

Best Site/Software for Portfolio Management?

I currently only hold accounts with Fidelity and Vanguard, and some savings with Ally, so it's pretty simple overall. But I want to make sure I manage these separate accounts with a clear eye on their collective values and AA, etc. Do bogleheads recommend any secure websites or softwares that help t...
by UnLearnYourself
Mon Feb 10, 2020 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?
Replies: 23
Views: 1699

Re: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?

Lots of these threads lately, seems many of us could refi and get a small bite lower, but not enough to really make it seem that valuable vs just paying ahead on principle on ones current mortgage. :moneybag My rough numbers show for $80 extra per month and the initial $2,250 fee I'll save almost $...
by UnLearnYourself
Mon Feb 10, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Rates Projections?
Replies: 3
Views: 396

Mortgage Rates Projections?

Any good resources on where rates are headed?

Considering refinancing but my bank suggested rates may creep lower slightly. Hoping to make a somewhat educated validation one way or another.
by UnLearnYourself
Mon Feb 10, 2020 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?
Replies: 23
Views: 1699

Re: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?

UPDATE 2/10/20: SPOKE TO MY BANK TODAY AND THEY CLARIFIED, I CAN "REWRITE" MY LOAN RATHER THAN A TRADITIONAL CLOSING. I JUST SET AN APPOINTMENT, SHOW UP WITH A 1% FEE ($2,280) AND THEY WILL REWRITE THE TERM DOWN TO THE 15YR @ 3.125% ALTERNATIVELY I FOUND ANOTHER LOCAL BANK WHOSE 15YR IS 3% AND CLOSI...
by UnLearnYourself
Mon Feb 10, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?
Replies: 23
Views: 1699

Re: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?

Found a few local banks (Co-Ops & Credit Unions) who are offering the 15 yr @ 3%, and one with estimated closing costs around $3,200. This is looking more viable now.
by UnLearnYourself
Mon Feb 10, 2020 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?
Replies: 23
Views: 1699

Re: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?

I did a quick calculation from the angle of the bank, i.e., inflation adjusted real returns by using EXCEL functions pmt and pv. Assumptions: Both 12 year loan. a) 3.500% $228,000 for pmt, $228,000 as bank's investment for real turn with pv b) 3.125% $228,000 + point for pmt, $228,000 - point as ba...
by UnLearnYourself
Mon Feb 10, 2020 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?
Replies: 23
Views: 1699

Re: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?

So if you stay in the loan for over 6 years then it's likely worthwhile. I, personally, do not assume I will stay in any given home loan for that long. That said, there are likely better options out there available to you for refinancing. If you can get your total cost to under $1500 for that same ...
by UnLearnYourself
Sun Feb 09, 2020 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance (20yr @ 3.5% > 15yr @ 3.125%)?
Replies: 23
Views: 1699

Refinance (20yr @ 3.5% > 15yr @ 3.125%)?

We're 3 years into a 20yr loan @ 3.5%. Our principle, interest, and tax payment is about $2,050/mo. Original balance was about $260,000. I keep an eye on my bank's rates and their 15yr loan is sitting at 3.125% at the moment, no points. Current balance is $228,000. UPDATE 2/10/20: SPOKE TO MY BANK T...
by UnLearnYourself
Mon Feb 03, 2020 9:08 am
Forum: Personal Consumer Issues
Topic: Books that changed your life
Replies: 146
Views: 9832

Re: Books that changed your life

Saving to check later.

Curious to let this go for a while then find the overlapping books to start with...
by UnLearnYourself
Sat Feb 01, 2020 9:30 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

The lifecycle model tells us that we minimize our lifetime stock risk by spreading out stock exposure over time. That calls for high stock percentage early (when we don't have a lot of savings built up) and a lower percentage closer to retirement (when most of our savings are in). A quick way to ch...
by UnLearnYourself
Sat Feb 01, 2020 10:27 am
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

with rates close to zero I consider Bonds (funds) to have huge interest rate risk, if you think it's a safe asset then think again... a lot of people discuss about this so called "Bond Bubble" that's been created due to interest rate policy and the unraveling could create a lot of pain. Bonds perfo...
by UnLearnYourself
Sat Feb 01, 2020 7:09 am
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

The stock market was up nearly 30 percent last year, and I'm seeing more and more "no bonds" posts. What could possibly go wrong? I'm not asking this question having been motivated by this recent run. Honestly I havent even looked to see how much my accounts are "up." I contribute what I contribute...
by UnLearnYourself
Sat Feb 01, 2020 7:00 am
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

In your circumstances (young family, single earner), my focus would be on keeping my job, and having a very secure (and substantial) Emergency fund. If it were me, this would be at least 1 yr (preferably 18 months) expenses in risk free account (savings). Include healthcare in this cost. Do not tre...
by UnLearnYourself
Fri Jan 31, 2020 3:23 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

There are several things about investing, age and risk that weren't always fully realized by me. 1. Percentages can mislead e.g. a 50% drop in equities feels and is somewhat is different if you have $20,000 in equities vs $200,000. "lose $10k and you feel that you can make it up with contributions ...
by UnLearnYourself
Fri Jan 31, 2020 2:32 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

2) Please understand the trade-off of each AA. There is no reason to have AA outside the range of 70/30 to 30/70. You are not provided sufficient additional return to take those extra risks. Check out the following URL. https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allo...
by UnLearnYourself
Fri Jan 31, 2020 2:31 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

retired@50 wrote:
Fri Jan 31, 2020 2:27 pm
I'd suggest you look into some of the efficient frontier diagrams that show how holding bonds affects a portfolio. See link.

Regards,

https://www.youngresearch.com/wp-conten ... ontier.png
Thanks I will certainly spend time reviewing this.
by UnLearnYourself
Fri Jan 31, 2020 2:12 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

I’m in a similar position (age) as OP. I refer to this vanguard page and note in the Growth section that the average return for a 100/0 vs 80/20 is close (0.7% difference), with the 80/20 having a much smaller worst-case historical downturn. https://personal.vanguard.com/us/insights/saving-investin...
by UnLearnYourself
Fri Jan 31, 2020 2:11 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

I don't subscribe to a Bond formula. Your allocation is unique to your financial situation (which your post doesn't detail). Just going by age isn't a worthy exercise in my view. I make about $100k a year with a 5-10% bonus depending on the year's performance, married, max out my 401k with a compan...
by UnLearnYourself
Fri Jan 31, 2020 2:05 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

What's the worst market draw down you've experienced? This raises a good issue. If all you've ever experienced are blue skies, it's hard to know how you'll react to a thunderstorm. I'd recommend at least 10% to 20% in bonds to reduce volatility and help you rest easier when the market does head sou...
by UnLearnYourself
Fri Jan 31, 2020 1:59 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

Re: No Bonds? Late 30s, early 40s?

What's the worst market draw down you've experienced? I graduated college in 2005 so I got to see what little money I had in the market all but disappear a few years later. Being the amateur I was at the time I sold what I had and ran for the hills! Then I spoke to my grandfather who was a banker w...
by UnLearnYourself
Fri Jan 31, 2020 1:53 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 52
Views: 4018

No Bonds? Late 30s, early 40s?

Curious to get the Bogle perspective on a portfolio that includes NO bonds, or a very low level of bonds for somebody in their late 30s/early 40s? I'm 38, so I've got a solid 20+ years till retirement, and watching markets ebb and flow won't keep me up at night so I'd say I have a solid risk toleran...
by UnLearnYourself
Thu Jan 16, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tax on long term capital gains?
Replies: 5
Views: 828

Tax on long term capital gains?

I've been married 3 years and last year was the first year my wife and I filed jointly. Historically her father has handled her taxes, primarily because he manages some investment accounts on her behalf, and does exports from his account dashboard, etc. Because of those accounts, and importing them ...
by UnLearnYourself
Wed Jan 15, 2020 3:43 pm
Forum: Personal Consumer Issues
Topic: Found hidden safe, should we crack?
Replies: 303
Views: 87063

Re: Found hidden safe, should we crack?

FoolMeOnce wrote:
Fri Dec 06, 2019 8:18 am
I think if you start a crowdfunding page, everyone in this thread would chip in a few bucks.
I was going to suggest this.

You have to open it OP...you can't go through life not knowing. At this point, none of us can.
by UnLearnYourself
Wed Jan 15, 2020 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: New Child- Steps to take (will/trust)
Replies: 39
Views: 2260

Re: New Child- Steps to take (will/trust)

I would set up a will to specify your legal guardians, power of attorney, medical directive, executor and have things in writing like your assets and liabilities in a legal document that's easy to find. For the trust part, if you want to keep things simple, you could do a trust under will. That's w...
by UnLearnYourself
Wed Jan 15, 2020 2:32 pm
Forum: Personal Investments
Topic: Good article -- Dividends explained.
Replies: 7
Views: 1010

Re: Good article -- Dividends explained.

We often get lengthy discussions on investing for dividends or living off of dividends. Here's a link to a very good article on dividends. A must-read for newer investors. Note the second chart on 10 years. Even if you need income, it's far better to reinvest divys because when you take them you lo...
by UnLearnYourself
Wed Jan 15, 2020 11:05 am
Forum: Personal Finance (Not Investing)
Topic: DCU 2.49% Auto Loan Refinance Rate
Replies: 2
Views: 365

Re: DCU 2.49% Auto Loan Refinance Rate

And for readers like me who are unfamiliar with DCU: https://www.dcu.org/borrow/vehicle-loans/auto-loans.html Yes, sorry for the lack of context. I just wanted to share the great rate I got (refinancing from a 4.99% loan with Honda Finance down to a 2.49% with DCU). I had been searching for a while...
by UnLearnYourself
Tue Jan 14, 2020 6:00 pm
Forum: Investing - Theory, News & General
Topic: Value of Active and Ongoing Reading of the Bogleheads Forums
Replies: 104
Views: 8920

Re: Value of Active and Ongoing Reading of the Bogleheads Forums

...And if I ever get on the other side of this hill to a point where I consider myself an expert, I look forward to sharing what I've learned with others in the same way it has all been shared freely with me and this community. You don't have to be an "expert" to answer questions. Most of us aren't...
by UnLearnYourself
Tue Jan 14, 2020 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: New Child- Steps to take (will/trust)
Replies: 39
Views: 2260

Re: New Child- Steps to take (will/trust)

I would set up a will to specify your legal guardians, power of attorney, medical directive, executor and have things in writing like your assets and liabilities in a legal document that's easy to find. For the trust part, if you want to keep things simple, you could do a trust under will. That's w...
by UnLearnYourself
Tue Jan 14, 2020 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: New Child- Steps to take (will/trust)
Replies: 39
Views: 2260

Re: New Child- Steps to take (will/trust)

I'm 38 with an 11 month old baby and and baby #2 already on the way at the end of April...and once again the Bogleheads have given me something important to think about.
by UnLearnYourself
Tue Jan 14, 2020 1:02 pm
Forum: Investing - Theory, News & General
Topic: Value of Active and Ongoing Reading of the Bogleheads Forums
Replies: 104
Views: 8920

Re: Value of Active and Ongoing Reading of the Bogleheads Forums

This site has been extremely valuable I can say this forum has proven invaluable for me, having been a member for about 9 years now (I'm 38). Each time I feel that "I get it," I learn that there is yet another layer to peel back, incrementally becoming more informed and sophisticated, and empowerin...
by UnLearnYourself
Mon Jan 13, 2020 3:55 pm
Forum: Personal Investments
Topic: What to invest my 401K in instead of target date funds?
Replies: 13
Views: 804

Re: What to invest my 401K in instead of target date funds?

jimkinny wrote:
Mon Jan 13, 2020 3:09 pm
Read this re 3 fund portfolio
viewtopic.php?f=10&t=88005
Vanguard recommends 20-40% international, if I remember correctly
by UnLearnYourself
Mon Jan 13, 2020 9:17 am
Forum: Personal Investments
Topic: What to invest my 401K in instead of target date funds?
Replies: 13
Views: 804

Re: What to invest my 401K in instead of target date funds?

I'm 38, with accounts split between 401k at Fidelity and Roth at Vanguard too...I've gotten some solid advice on a very similar set of question if you want to check the replies I've received here:

viewtopic.php?f=1&t=300240&newpost=4950 ... ead#unread
by UnLearnYourself
Sun Jan 12, 2020 8:24 am
Forum: Personal Finance (Not Investing)
Topic: DCU 2.49% Auto Loan Refinance Rate
Replies: 2
Views: 365

DCU 2.49% Auto Loan Refinance Rate

- membership required
- checking account with direct deposit required for .5% rate reduction lowering the traditional rate of 2.99% (which is still among best in market) down to 2.49%
by UnLearnYourself
Sun Jan 12, 2020 8:04 am
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

One follow up question I have is am I being too conservative with my AA of 65% domestic equities / 15% international equities / 20% bonds, when the Fidelity 2050 Target Date fund was set at 56/38/7 respectively? At age 38 I recommend an AA of 20-30% bonds. Any immediate recommendations for Vanguard...
by UnLearnYourself
Fri Jan 10, 2020 3:25 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

Soooo...perhaps I'll land something like $37k bonds (20% of my total $185k) & $98k domestic equities (53% of my total $185k) in Fidelity... ~ $22k domestic equities (12% of my total $185k) & ~ $28k international equities (15% of my total $185k) in Vanguard? All that together leaves me with the 65% ...
by UnLearnYourself
Fri Jan 10, 2020 3:08 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

One follow up question I have is am I being too conservative with my AA of 65% domestic equities / 15% international equities / 20% bonds, when the Fidelity 2050 Target Date fund was set at 56/38/7 respectively? I know this tends to be a personal question, but knowing that I'm likely not retiring fo...
by UnLearnYourself
Fri Jan 10, 2020 2:52 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

At some point you will also hopefully have excess cash, which will allow you to start investing in a taxable account as well (where generally holding a US Total Stock Market Index ETF (or VTSAX if at Vanguard, all other similar mutual funds are not as tax efficient). In terms of rebalancing I perso...
by UnLearnYourself
Fri Jan 10, 2020 2:17 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

That is a pretty high expense ratio for an international equity fund. As the other poster suggested, it may be better to keep your international equity allocation in your RIRA since you can definitely get a much lower cost index fund (e.g. VXUS, which just had it's ER lowered to 0.08%). In terms of...
by UnLearnYourself
Fri Jan 10, 2020 1:47 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

That is a pretty high expense ratio for an international equity fund. As the other poster suggested, it may be better to keep your international equity allocation in your RIRA since you can definitely get a much lower cost index fund (e.g. VXUS, which just had it's ER lowered to 0.08%). In terms of...
by UnLearnYourself
Fri Jan 10, 2020 1:41 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

Re: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

1. Do you have enough Roth space to achieve your desired international allocation if you put all of your 401(k) into U.S. stocks and bonds? 2. Here are two Vanguard articles on rebalancing frequency: https://personal.vanguard.com/pdf/ISGGBOT.pdf https://www.vanguard.com/pdf/ISGPORE.pdf I have about...
by UnLearnYourself
Fri Jan 10, 2020 12:46 pm
Forum: Personal Investments
Topic: 401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)
Replies: 16
Views: 797

401k - Fund Elections, Asset Allocation, Rebalance Schedule (?)

After having my money parked in target date retirement funds for years I've decided to get a bit more engaged, and move into a 3-fund portfolio, so I figured I would run my strategy and decisions by the bogle community just to have a quick check. I'm 38 years old, earn approx $100k/yr, have $185,000...
by UnLearnYourself
Thu Jan 09, 2020 3:15 pm
Forum: Personal Consumer Issues
Topic: Large Purchase on Credit Card
Replies: 38
Views: 3214

Re: Large Purchase on Credit Card

As one user put it: I receive a dividend every day on the "investment" in my spouse's ring. Every once in a while there is a capital gain distribution when someone notices her ring and she smiles and shows it off. Being said, I plan to purchase a ring from either Blue Nile or White Flash in the nex...
by UnLearnYourself
Thu Jan 09, 2020 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?
Replies: 39
Views: 2796

Re: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?

My wife and I just had our second child this week (yeah!!). I am fortunate that the mega corp I work for offers two types of parental leave -- 4 consecutive weeks at any point within the first 6 months of birth (labeled 'non-primary care') OR 16 consecutive weeks from the date of birth (labeled 'pr...