Search found 2331 matches

by ofcmetz
Thu Jan 17, 2019 1:45 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 844
Views: 43055

Re: John Bogle has died at age 89

He will be missed. I read so much of his writing that I felt like a really knew him as a friend. He made such a difference in our lives financially. RIP
by ofcmetz
Thu Jan 10, 2019 5:26 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 220
Views: 14302

Re: What is your allocation to U.S. and International?

Percentage of portfolio in US 40%. International is 30% and other 30% is fixed income. I'm 39 and DW is 42
by ofcmetz
Wed Jan 09, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Too many credit cards?
Replies: 54
Views: 2813

Re: Too many credit cards?

I don't like credit cards that much and I am lazy with them. I just use a 2% card with everything and have only one bill to pay a month. I might not make the most money but it is so easy. I don't like keeping up with them as well either but I have 2 which is a lot for me. :D I use my 2% Fidelity Ca...
by ofcmetz
Mon Dec 31, 2018 12:08 am
Forum: Investing - Theory, News & General
Topic: International Funds Still Relevant in a Simple Portfolio?
Replies: 72
Views: 4700

Re: International Funds Still Relevant in a Simple Portfolio?

Don't change your allocation based on recent performance. International may or not be a better investment than US stocks, but their PE's are certainly lower so you at least get more earnings for your buck. If you have an allocation, then stick with it unless your reasons for that allocation have cha...
by ofcmetz
Thu Dec 27, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7238

Re: What was your best investment in 2018?

BogleMelon wrote:
Sun Dec 23, 2018 9:43 pm
$1860 (late 2017 and 2018) was spent for me and my wife to become US citizens and get our US passports. Best money spent ever! :sharebeer
That's awesome! Congrats.

I was already a citizen but did get my first ever passport this year and have used it several times already. :sharebeer
by ofcmetz
Thu Dec 27, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: What was your best investment in 2018?
Replies: 127
Views: 7238

Re: What was your best investment in 2018?

Best financial investment: TIAA Traditional (stable value) that paid over 3% guaranteed in which we have about 20% of our portfolio.

Best non-financial: Eating healthier and more consistent exercise that helped me drop about 20 pounds (mostly fat).
by ofcmetz
Thu Dec 27, 2018 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Re: Working Holidays for extra money.

The nearby Chinese food restaurant that used to close on Christmas was open this week with just the owner and one employee. It looked like it really paid for them to be the only place open to eat in that area on Christmas Day. The normal 10 minute wait was about an hour because so many people were a...
by ofcmetz
Wed Dec 26, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Re: Working Holidays for extra money.

I have been a hospital (ICU) nurse for 35 years and have worked my share of holidays (at time and 1/2) for the entire time. We have a schedule where we work every third holiday. This year I worked Christmas eve, New Years day and Labor day. Next year I'll work Thanksgiving, New Years Eve and Memori...
by ofcmetz
Tue Dec 25, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Re: Working Holidays for extra money.

When I was single I would work nearly all the holidays for the 2.5 on a 8 hour shift. But after getting married and having kids, I stopped doing it for Christmas and New Years but would work the other 4 majors. Our department went to 12 hour shifts a few years before I retired and at that point I d...
by ofcmetz
Tue Dec 25, 2018 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Re: Working Holidays for extra money.

What would your family prefer? After 20 years, I'm guessing you have the seniority that you wouldn't be one stuck working the holidy? I'd also guess, being a BH, you don't need this holiday pay. Sure, it's nice pay, but family time is worth more, IMO. Stop working holidays if you don't have to. ** ...
by ofcmetz
Tue Dec 25, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Re: Working Holidays for extra money.

Turbo29 wrote:
Tue Dec 25, 2018 11:24 am
Is it 2.5x pay or is it 1x (holiday pay whether you work or not on that day) plus 1.5x for hours worked on the holiday?
That is correct. We refer to it as 2.5 times pay, but your breakdown is accurate.
by ofcmetz
Tue Dec 25, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Re: Working Holidays for extra money.

I'm required to work, at regular pay. Never had a job that was open on a holiday and paid extra to work on it. I suspect that these days that's more typical of government jobs and those with labor representation/unions. I forget all the perks that I get after working for the taxpayers for so long :...
by ofcmetz
Tue Dec 25, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Working Holidays for extra money.
Replies: 64
Views: 4557

Working Holidays for extra money.

Merry Christmas all. For the last 20 years, I've been working holidays as a police officer. My department is very generous and pays us double time and a half on holidays so I think it has been worth it. We usually allow a few per shift to take off until a certain minimum is reached and those who tak...
by ofcmetz
Tue Dec 25, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Anyone overbalancing?
Replies: 39
Views: 2822

Re: Anyone overbalancing?

I'm not, but I did late 2011 and then let my new contributions bring my fixed income back up. Yesterday, I sold some of my bond fund and did a rebalance back to my allocation of 30% fixed income, 30% Total International, 40% Total US.
by ofcmetz
Tue Dec 25, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

I'm going to sound very condescending here - but days like today remind me how how skittish and, frankly, foolish most personal investors seem to be Very surprised at the nervousness that is obvious on this forum. That should not be surprising. After all, investors are human beings. And many have "...
by ofcmetz
Tue Dec 25, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

columbia wrote:
Tue Dec 25, 2018 7:21 am
Nikkei down 5%.
Don't they know that it's Christmas?
by ofcmetz
Mon Dec 24, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

I rebalanced into bonds when the market was down about 3% off its high. Now my IPS is close to breaking the threshold for me to rebalance back into international and small cap stocks. :D Oh the joys of following one's investment policy statement (IPS). I got really close to the same thing, but was ...
by ofcmetz
Mon Dec 24, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

I lost $85,000 of new money invested 15 days ago. At this point it doesn't matter anymore if I'm "comfortable" with my asset allocation, this is a serious loss by any standard. Update: I’m now approaching a $110,000 loss. I won’t be able to handle this for much longer. Do you need this money for a ...
by ofcmetz
Mon Dec 24, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

I lost $85,000 of new money invested 15 days ago. At this point it doesn't matter anymore if I'm "comfortable" with my asset allocation, this is a serious loss by any standard. Update: I’m now approaching a $110,000 loss. I won’t be able to handle this for much longer. Do you need this money for a ...
by ofcmetz
Mon Dec 24, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

Just did my first rebalance from bond funds to stock funds due to this 2018 equity drop. Most of it went to Total international index fund and the rest to US Total International Index Fund. I'm hoping that now new contributions can keep things balanced and I won't have to do any more rebalance trans...
by ofcmetz
Mon Dec 24, 2018 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to do Regular or Backdoor Roths
Replies: 18
Views: 1235

Re: Unable to do Regular or Backdoor Roths

Congrats on making too much to do normal ROTH IRA contributions. We were close this year but my ability to contribute to both a 457B and 403B helped keep us under the limit. I'll sit back and now see how more experienced bogleheads answer this because I hope to have the same issue as you at some poi...
by ofcmetz
Mon Dec 24, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 73
Views: 9330

Re: How many "investment" accounts do you have?

For our married couple, we have 6 accounts. 3 of them are workplace retirement accounts and 3 are brokerages where we keep IRA's, ROTH IRA's, and a taxable account.
by ofcmetz
Mon Dec 24, 2018 11:03 am
Forum: Personal Consumer Issues
Topic: How much do you pay for cable/internet/cellphone
Replies: 95
Views: 5725

Re: How much do you pay for cable/internet/cellphone

While I would like to not have cable, I simple love to watch live sports too much to get rid of it. I have about 5 other friends who also use my login to watch live sports, so in a way I'm being charitable by having it. Cell phone Bill (three smart phones) - $150 Cable: $85 Netflix $11 Internet $55 ...
by ofcmetz
Fri Dec 21, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: When did the musicians on the titanic realize their fate?
Replies: 132
Views: 9757

Re: When did the musicians on the titanic realize their fate?

What are the conditions where people on this site become concerned? TVD, I am prepared for a market downturn plus recession lasting 5 years. I assumed that I could be unemployed for 5 years too. I am prepared. How about you? Are you prepared? Yes, I set a threshold in my IPS for my rebalancing too....
by ofcmetz
Fri Dec 21, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

This is beginning to feel way too much like 2008. I remember the feeling - withering losses like this for weeks on end. Stock up on Maalox. Feels different to me because people aren’t losing their jobs and houses. There is no fear that this might be the end to the financial system either. I would g...
by ofcmetz
Fri Dec 21, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: When did the musicians on the titanic realize their fate?
Replies: 132
Views: 9757

Re: When did the musicians on the titanic realize their fate?

I’m concerned because I like seeing the balances increase, but I’m not making changes besides putting new contributions into equities. The big investing decision is how much do you have in equities as a percentage of your portfolio. This decision should be made prior to a market drop and only change...
by ofcmetz
Fri Dec 21, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

This is beginning to feel way too much like 2008. I remember the feeling - withering losses like this for weeks on end. Stock up on Maalox. Feels different to me because people aren’t losing their jobs and houses. There is no fear that this might be the end to the financial system either. I would g...
by ofcmetz
Fri Dec 21, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10126
Views: 1785963

Re: U.S. stocks in free fall

last year 2017 was a around a 20% gain for most people. This year 2018 will probably be a 10% loss. Long term, most people should still be profitable. unless people only started investing this year. Those of us who have a significant portion of their portfolio in a Total International fund will lik...
by ofcmetz
Wed Dec 12, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20311

Re: What Happened to you during the Financial crisis of 2007–2008

I remember 2008 and 2009 very well. I turned 29 years old and had my second child while it was all going on. We were 100% invested in stocks but our portfolio was just approaching 6 figures when it all started so the amount of money we lost wasn't significant in the gross amount compared to our inc...
by ofcmetz
Wed Dec 12, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20311

Re: What Happened to you during the Financial crisis of 2007–2008

I remember 2008 and 2009 very well. I turned 29 years old and had my second child while it was all going on. We were 100% invested in stocks but our portfolio was just approaching 6 figures when it all started so the amount of money we lost wasn't significant in the gross amount compared to our inco...
by ofcmetz
Fri Nov 02, 2018 3:42 pm
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 7259

Re: 2019 401(k) Contribution Limit

GoldStar wrote:
Fri Nov 02, 2018 3:36 pm
whodidntante wrote:
Fri Oct 26, 2018 6:28 pm
Only on Bogleheads would you find a question about next year's 401k limit in October.
:)
And only a Boglehead gets excited about turning 50 because he has another $6000 he can put in!
Only 11 more years until I can put more into my 403B and 457B plans. Woohoo!
by ofcmetz
Fri Oct 19, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13401

Re: Help me understand dividends

Maybe this was already mentioned, but if not then: Wouldn't dividends help long time controlling families of public companies? People like the Waltons with Wal-Mart do not have to sell their shares to fund their lifestyles. Instead they can rely on steady dividends to pay the bills and continue to m...
by ofcmetz
Wed Sep 26, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 714
Views: 92155

Re: How much money do you want to retire?

I'm close now at age 39, but only because I work for the government with a generous pension and retirement healthcare. I'm looking at leaving in a few years with a pension of 70K a year, subsidized healthcare and a high 6 figure portfolio. I figure this will make me financially independent, but I do...
by ofcmetz
Thu Jul 19, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Advice: Asset Allocation
Replies: 5
Views: 856

Re: Advice: Asset Allocation

So, looking over this I see you have a 100% allocation to fixed income. Is that correct? What is NPV? What is CPI employer fund? Are these like some kind of stable value funds? I always think its helpful to think of all your invested money as one portfolio. Within that portfolio you have different p...
by ofcmetz
Wed Jul 18, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 17497

Re: New book based on Millionaire Next Door

I've pretty much read all the books in this series. When I read the Millionaire Next Door I was 25 years old and it was super eye opening. It started me on a path of living below my means and investing. I look forward to this next book.
by ofcmetz
Sun Jul 15, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: 14 years with Bogleheads
Replies: 13
Views: 2165

Re: 14 years with Bogleheads

Nice. Good to have had you here for so long. I feel like my expenses have increased like that sometimes as well as I had my kids over the same time period and my government income has been more stagnant. :sharebeer
by ofcmetz
Sun Jul 15, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 15082

Re: Early retirement

I'll be able to leave next year at the age of 40 from my police job if I choose. I won't have to work, but may go back to college and am considering other careers. My police humor is going to cause me to have a lot of fun with the question "what do you do for a living". I will say everything from, "...
by ofcmetz
Fri Jul 13, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3819

Re: Like Lifestrategy Funds but???

I really like the Lifestrategy Funds. If I was looking for an all in one fund I'd choose one over even a Target Retirement Fund, because I prefer a fixed allocation and am not convinced that the glide paths are necessary. I use a 3 fund (plus TIAA Real Estate) portfolio, but am not apposed to intern...
by ofcmetz
Fri Jul 13, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: CD's vs. Market Investment
Replies: 3
Views: 505

Re: CD's vs. Market Investment

Hello and welcome. Do you have a desired asset allocation yet? When I say this, I'm referring to the amount of your portfolio that you put in fixed income and equity. A lot of times it's referred to as 60/40 or 70/30 with the first number referring to equity and the second referring to fixed income....
by ofcmetz
Wed Jul 11, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: ADP 401K Funds Recommendations
Replies: 8
Views: 1215

Re: ADP 401K Funds Recommendations

You need to determine what your preferred asset allocation is. That means how much you want in equity (stock) funds vs how much in fixed income. Also decide how much of your equity funds should be international if any. If you just picked the four funds I list below and put 25% in each, then you'd be...
by ofcmetz
Wed Jul 11, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction
Replies: 44
Views: 7746

Re: Received $1m windfall with additional upside; looking for feedback on plan to hedge against market correction

Welcome to the forum. The two books you bought will give you a nice base of knowledge to get started. Like you said, this is a forum that you don't really grow out of. I do find myself always coming back to this one unlike others I've participated in. If one is new to investing it is better to error...
by ofcmetz
Wed Jul 11, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Any Dry Powder Strategies?
Replies: 103
Views: 6528

Re: Any Dry Powder Strategies?

I think of my dry powder as the 25% of gross pay that comes out of my check every week. I put that in whatever asset class is below my desired allocation percentage.

If I timed a bit I would just leave the dry powder in cash or short term bond funds. :sharebeer
by ofcmetz
Wed Jul 11, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice for 26 year old
Replies: 6
Views: 677

Re: Portfolio advice for 26 year old

Thank you everyone for the advice. I will get a more detailed breakdown of her 401k investments when she visits in August. She lives in the UK and is an excellent saver but has had very little time to spend on analyzing her finances. She is now interested in getting a handle on it. A few additional...
by ofcmetz
Wed Jul 11, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 6671

Re: Where do you keep your Emergency Fund?

I keep mine in my Credit Union and in an online savings account. I do think keeping it in a money market fund at Vanguard is perfectly fine though.
by ofcmetz
Wed Jul 04, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 132
Views: 14226

Re: Best 401k Employer Match Structure

My wife's company (medical industry) 100% matches first 5% of income into the 401K. They vest 20% a year of matched contributions and are fully vested after 5 years. I find this to be very generous.
by ofcmetz
Wed Jul 04, 2018 2:05 pm
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3626

Re: Advocating to not index

I frequently have people ask me for Financial advice related to Investing, I explain the concept of Index investing, More often than not the advice falls on deaf ears. I am loath to give investing advice to anyone other than to use a TDF. In addition to getting me off the hook for bad advice, It is...
by ofcmetz
Thu Jun 21, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 408
Views: 41728

Re: What is/ was your career and would you recommend it now?

Law Enforcement. I'd never recommend it to someone who just wants a job. For someone who has always wanted to be a police officer or for someone who was former military then yes I'd recommend. You have to feel called to this kind of work and even then it takes a toll on you and your family. For anyo...
by ofcmetz
Wed Jun 20, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Value of a Military Retirement
Replies: 30
Views: 3995

Re: Value of a Military Retirement

A long introduction brings me to my questions: 1. How would you price the value of a pension? I price the value of my police pension by going to a site like www.immediateannuities.com . My police pension will produce a similar yearly income to yours but will have only sporadic inflation adjustments...
by ofcmetz
Mon Jun 18, 2018 9:27 am
Forum: Investing - Theory, News & General
Topic: FIRECalc/Pension vs Lump Sum Question
Replies: 3
Views: 663

Re: FIRECalc/Pension vs Lump Sum Question

Have you tried pricing what a similar income stream would cost if you purchased it as an annuity? This is another way to determine if it makes since to take the lump sum or income stream. It's also a decent way to get the idea of the value of a pension. Go to a site like www.immediateannuities.com a...