Search found 811 matches

by BuckyBadger
Wed Aug 15, 2018 11:34 am
Forum: Investing - Help with Personal Investments
Topic: 33 Male, how am I doing?
Replies: 28
Views: 2599

Re: 33 Male, how am I doing?

Just out of curiosity, how does your being male enter into your question?
by BuckyBadger
Wed Aug 15, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: When do you change your IPS?
Replies: 8
Views: 791

When do you change your IPS?

I've been contemplating my IPS for a little while now and I was wondering how you all decided to change your IPS - if you ever did. Mu IPS is very straightforward. https://image.ibb.co/jWyr4T/BH_IPS.jpg Clearly some life changes necessitate changes. I edited mine to add 529 goals after we found out ...
by BuckyBadger
Tue Aug 14, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Railroad Retirement vs Social Security
Replies: 13
Views: 1211

Re: Railroad Retirement vs Social Security

I don't know much about pensions, having never been anywhere where one was offered.

If you decide you want to retire before age 60, or you are forced to quit due to medical reasons for example, are you SOL and get nothing?
by BuckyBadger
Tue Aug 14, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Marriage [How should finances be handled?]
Replies: 58
Views: 4581

Re: Marriage [How should finances be handled?]

We have one savings account and one checking account. All our money goes in. We share joint credit cards. Around Christmas and birthdays we just don't look at bills. We can buy anything we want for each other or for ourselves. If it's more than a couple hundred dollars we will discuss. This works be...
by BuckyBadger
Thu Aug 09, 2018 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Poor HSA Investment Options
Replies: 23
Views: 1528

Re: Poor HSA Investment Options

Expense ratios?
by BuckyBadger
Thu Aug 09, 2018 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Small selection of funds in 401K which should I pick?
Replies: 5
Views: 239

Re: Small selection of funds in 401K which should I pick?

I would use just the target date. Are the yellow highlights in the second link what you're planning on doing? I'd scrap that and just do the low expense target date. In a few years when you're got more money and more accounts you can break it into a nice 3-fund portfolio, but at this point I think b...
by BuckyBadger
Wed Aug 08, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: 401k Income Limit?
Replies: 7
Views: 565

Re: 401k Income Limit?

My employer offers 401k to anyone making less than $120k per year. If you make more than $120k per year, they offer you a Non-Qualified deferred compensation plan. Benefits department says its an IRS rule that anyone over $120k cannot be in a 401K . Is this true? No - at least not this simply state...
by BuckyBadger
Wed Aug 08, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Saving Enough for Retirement vs Vacation Home
Replies: 36
Views: 3542

Re: Saving Enough for Retirement vs Vacation Home

Thanks for all the responses. I changed the topic title and also added we have 25k in EF. A couple of things also to add, I am a teacher so I have the summers off, and my wife works from home 3 or 4 days a week, so we would use the place a lot in the summer. I look at it as also saving for retireme...
by BuckyBadger
Wed Aug 08, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Saving Enough for Retirement vs Vacation Home
Replies: 36
Views: 3542

Re: Saving Enough for Retirement?

Also might want to edit your thread title to mention the vacation property part. You might get more responses.
by BuckyBadger
Wed Aug 08, 2018 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Saving Enough for Retirement vs Vacation Home
Replies: 36
Views: 3542

Re: Saving Enough for Retirement?

This does not seem wise. For many many reasons. I wouldn't slash retirement contributions like that in order to take on another mortgage and maintenance costs for a second home. No way. And it looks like you have barely over 100k in your combined 401k/403b and then that your brokerage account is "mo...
by BuckyBadger
Tue Aug 07, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Planning to invest in these funds -- any issues?

Finally, we've said "Investing is easy, so do-it-yourself", but the advisor choices and our responses are saying "Investing is hard, these choices are too complicated to understand." I don't see the conflict. We're saying that investing CAN be easy, but it's in the best interests of an advisor to c...
by BuckyBadger
Mon Aug 06, 2018 10:35 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Planning to invest in these funds -- any issues?

Three threads (that I’m aware of)? Investing is hard. Oh wait, no it isn’t. Jumping in halfway between a manager and the client is hard. I think the OP us making this much harder than it needs to be, but for some reason seems very reluctant to just start fresh with a simple portfolio that he unders...
by BuckyBadger
Mon Aug 06, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Planning to invest in these funds -- any issues?

ThePrince wrote:
Mon Aug 06, 2018 10:00 pm
I would pay off the student loan debt before investing a dime.
But Schwab doesn't get a cut of paid off student loans, you silly goose!
by BuckyBadger
Mon Aug 06, 2018 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage instead of contributing to 401k?
Replies: 61
Views: 3895

Re: Pay off mortgage instead of contributing to 401k?

Just a reminder that all the extra payments in the world don't remove the responsibility of your monthly payment, unless you're planning on refinancing or recasting your mortgage. You can owe 20k or 200k, if something happens and you can't pay your mortgage it's not going to make a difference. Until...
by BuckyBadger
Mon Aug 06, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6991

Re: "Skin in the game"

Thanks for all the thoughtful comments! This has been a very interesting read!
by BuckyBadger
Sun Aug 05, 2018 7:15 am
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6991

"Skin in the game"

There are many on this board who vehemently claim that it's important for your kid to have skin in the game - that if you don't make your kid pay for at least some of college they will somehow fail to succeed. I see this stated so often, but rarely do those people concede that college funding should...
by BuckyBadger
Fri Aug 03, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Financial Planner is going to buy funds for me. What should I find out first before letting him?

Where will the funds be held? Who will have access to the account? If it's at Schwab, you might to able to eventually have the advisor removed. Probably similar at other brokers too. In the meantime, your advisor may have control of the account and be expecting to handle it. At schwab, and the advi...
by BuckyBadger
Fri Aug 03, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Financial Planner is going to buy funds for me. What should I find out first before letting him?

As discussed in your other thread, can you pinpoint specifically why you don't think you can do this on your own? There's absolutely no reason that you can't, but starting out like this will make it much more complicated than it needs to be. As was also mentioned, please consider posting a portfolio...
by BuckyBadger
Thu Aug 02, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: Old 401k...rollover to IRA or new employer
Replies: 8
Views: 446

Re: Old 401k...rollover to IRA or new employer

I'll take the contrarian viewpoint - do an IRA rollover if possible. Gives you much more control in case someone at the company decides a fee-heavy firm like John Hancock would be better for administering the 401K. Probably not a huge risk of that, but I can't see any potential upside to keeping mo...
by BuckyBadger
Thu Aug 02, 2018 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Old 401k...rollover to IRA or new employer
Replies: 8
Views: 446

Re: Old 401k...rollover to IRA or new employer

I'd absolutely use your employer's plan. Total bonds and total us stock for 0.04??

Get your international in your IRA and you're golden!!
by BuckyBadger
Thu Aug 02, 2018 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Help with exchanging funds in Roth IRA
Replies: 11
Views: 540

Re: Help with exchanging funds in Roth IRA

I just joined the forum yesterday, so I'm still in the process of trying to consume all the information I can, but I haven't read anything about that yet specifically. I will definitly make too much to contribute to a Roth IRA at some point in the near future, so my thoughts were that it might make...
by BuckyBadger
Thu Aug 02, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Help with exchanging funds in Roth IRA
Replies: 11
Views: 540

Re: Help with exchanging funds in Roth IRA

Thanks for the advice! As I've been reading more in these forums and in the Bogleheads' book I believe I am better off doing what you are doing and investing the entire $5500 at the beginning of the year to give those funds more time to grow. Also, I just went into my Vanguard account and exchanged...
by BuckyBadger
Thu Aug 02, 2018 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Help with exchanging funds in Roth IRA
Replies: 11
Views: 540

Re: Help with exchanging funds in Roth IRA

Another comment, because you seem a little bit obsessed with the concept of dollar cost averaging, and I don't want it to mess you up in the future: DCA isn't some magical panacea. In fact, the majority of the time you'll do better in the long run by investing everything you have all at once. Techni...
by BuckyBadger
Thu Aug 02, 2018 8:21 am
Forum: Investing - Help with Personal Investments
Topic: Beginner investor seeking advice
Replies: 28
Views: 1672

Re: Beginner investor seeking advice

Welcome! Soon you'll be happy you found this place before you could make costly mistakes. I say that because if you've already read the wiki you should know that most of what your talking about here isn't Boglehead-ish, and if yo're interest in it you're going to want to find somewhere else to discu...
by BuckyBadger
Thu Aug 02, 2018 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Nervous about not using a personal wealth manager. How do I do this myself?

I can't conceive of a reason he wouldn't be able to tell you what the fees would be. Fees would and should be a massive consideration when deciding to go with a manager. IS he claiming to be a fiduciary or not? You're using the word "if." Even if he's claiming to only get paid the management fees, t...
by BuckyBadger
Wed Aug 01, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Nervous about not using a personal wealth manager. How do I do this myself?

All rebalancing happens in my 403b. No fees beyond the stated ERs. Optimized for taxes. Thanks! How does all your rebalancing happen in your 403b? If your taxable account grows extra fast, won't you need to rebalance that? I'm sure I'm just misunderstanding what you're saying :) You see those perce...
by BuckyBadger
Wed Aug 01, 2018 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Nervous about not using a personal wealth manager. How do I do this myself?

It's just so much cheaper, more efficient and easier - with much quicker trading/response times - to let an algorithm or other process do the investment management once you/they determine your AA and fund choices. So are you recommending something like Betterment? Just do it yourself, seriously. It...
by BuckyBadger
Wed Aug 01, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Nervous about not using a personal wealth manager. How do I do this myself?

I'm not trying to push my strategy on you, but I'm a visual learner and it helped me to see people's allocations to really understand what they meant. This is my allocation and how it's spread over all our accounts. https://preview.ibb.co/iqyYjT/BH072518.jpg It doesn't get much simpler than that. (Y...
by BuckyBadger
Wed Aug 01, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Nervous about not using a personal wealth manager. How do I do this myself?

Think about the fees as a portion of what you're expecting to make. Let's say you hope to earn a conservative 6 percent a year. If your fees are nearly 2 percent, that's a full third of the profits you need to live on in retirement. It's not 2 percent of a hundred percent. It's a full third or quart...
by BuckyBadger
Wed Aug 01, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Do You Purchase "Medical Evacuation Insurance" When You Travel?
Replies: 160
Views: 7870

Re: Do You Purchase "Medical Evacuation Insurance" When You Travel?

I did when I was 16 weeks pregnant and traveling to China.

I did not when I was 31 weeks and traveling to England.

I trusted that I would get appropriate care in England, but I did not trust the care or the language barrier I would have had to deal with in China.
by BuckyBadger
Wed Aug 01, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity advice
Replies: 5
Views: 640

Re: Fidelity advice

It's fine to be in the same funds. We have only three funds (slightly different tickers since they're in company-sponsored accounts) over all 6 of our accounts. (His/hers 401k, 403b, his/her Roth IRA, HSA, taxable.)
by BuckyBadger
Wed Aug 01, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Nervous about not using a personal wealth manager. How do I do this myself?
Replies: 135
Views: 6160

Re: Nervous about not using a personal wealth manager. How do I do this myself?

This looks like it may not be a very good plan that he's set you up on - regardless of how much money you paid him already... As others have said, this isn't tax optimized, and it looks like he's added a ton of complexity so that he can get you to pay him to manage it. Can you add the actual funds a...
by BuckyBadger
Sat Jul 28, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: Why dont people sit outside more? And how to deal with bugs?
Replies: 50
Views: 5282

Re: Why dont people sit outside more? And how to deal with bugs?

Didn't you just answer your question? In lots of places people don't sit outside because of the bugs! Those people with screened in porches seem to sit outside a lot! In the South in the summer, though, it's often too hot to sit outside even in the evening. The heat and humidity doesn't really impro...
by BuckyBadger
Fri Jul 27, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Decision for Stay at Home Wife?
Replies: 84
Views: 3337

Re: Decision for Stay at Home Wife?

+1 for stay at home mom. Outsourcing your job of taking care of the kids is something you will regret. We as a society will pay dearly for abaonsong kids the way many do. In fact, we already are. -TheDDC Working is not abandoning your kids. For the majority of the time of the history of not only th...
by BuckyBadger
Fri Jul 27, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my preferred investment vehicle
Replies: 8
Views: 549

Re: Thoughts on my preferred investment vehicle

I like to hedge my bets by doing pre-tax 401k contributions, and maxing out a Roth IRA. I figure I'll only be 50% wrong either way!
by BuckyBadger
Fri Jul 27, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: soccer practice next to highway during rush hour
Replies: 8
Views: 917

Re: soccer practice next to highway during rush hour

I would just play. It's a couple hours a week.
by BuckyBadger
Fri Jul 27, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 151
Views: 11245

Re: Cash flow problems - best way to handle?

Congratulations! That's great news!! I remember this thread vividly. Thanks for sticking with it through the negativity.
by BuckyBadger
Fri Jul 27, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: DisneyWorld-Needing specific advice
Replies: 33
Views: 1908

Re: DisneyWorld-Needing specific advice

limiting travel to the park, sorry again. We understand the tons of walking INSIDE the park. We just want to be able to get there quickly! Thanks for the response and opportunity to clarify again! Okay - gotcha. The cheaper remote lots will involve more time sitting on a bus, but not really any mor...
by BuckyBadger
Fri Jul 27, 2018 12:48 pm
Forum: Personal Consumer Issues
Topic: DisneyWorld-Needing specific advice
Replies: 33
Views: 1908

Re: DisneyWorld-Needing specific advice

I know there are numerous Disney threads, but wanted to ask for specific advice on the following as we are planning a 3 day trip, 2 adults, 1-9 year old. We want a moderateley priced on site disney resort - LIMITING WALKING is important to us. More so than the added price of being off site. We want...
by BuckyBadger
Fri Jul 27, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4418

Re: Need more excitement

On cruises, I often go to the casino just to watch others play. It's always interesting watch both the winners and losers. If I've already lost my $40, I remind myself when tempted to lay down more that we didn't get to the Concierge level via wagering. My husband does the same thing! He has no des...
by BuckyBadger
Fri Jul 27, 2018 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Need more excitement
Replies: 48
Views: 4418

Re: Need more excitement

When I get bored with my investment strategy I reformat my spreadsheet. Very exciting. I buy about one lottery ticket every year or so when people start talking about the Megamillions or whatever being half a billion dollars. However, I DO enjoy blackjack!! I enjoy it as an entertainment expense, no...
by BuckyBadger
Fri Jul 27, 2018 10:12 am
Forum: Investing - Help with Personal Investments
Topic: Want to save more for retirement
Replies: 8
Views: 1830

Re: Want to save more for retirement

Your phrasing confuses me - "We both have IRA rollovers and Roth's in Vanguard from old jobs." Does this mean you're not currently contributing yearly to any sort of IRA? Can you roll your old IRA into your 401k, opening yourself up to make backdoor Roth contributions? I don't know anything about so...
by BuckyBadger
Fri Jul 27, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9272

Re: Toughest Purchase of my Life. Engagement Ring time

I've spent many months on Blue Nile and I can't push myself to pull the trigger on an engagement ring. :| Although I'm sure my girl would be extremely happy. To me, it's a complete waste of money. How can I get over this? The current ring I'm looking at 1.1 Carat, round diamond, color I, VS2, Perfe...
by BuckyBadger
Fri Jul 27, 2018 7:35 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9272

Re: Toughest Purchase of my Life. Engagement Ring time

So if its about $80 a year to insure a $1k ring, insuring a $5k ring may cost about $400 a year? Seems kind of steep to me, almost like 10% of the ring's purchase cost to insure it per year. Data point: I have a ring appraised at $15k insured for $108 per year through Amica. So it doesn't go up lin...
by BuckyBadger
Fri Jul 27, 2018 7:28 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 9272

Re: Toughest Purchase of my Life. Engagement Ring time

Lady speaking here! I love my ring. It's more than a carat but less then one and a half, it cost more than what you're considering, and it makes me happy every day. When i drive my car with my left hand at twelve o'clock on the steering wheel the sun catches it and throws a rainbow of sparkles on th...
by BuckyBadger
Thu Jul 26, 2018 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: vanguard rate of return
Replies: 16
Views: 1688

Re: vanguard rate of return

Are you blaming vanguard for the rate of return? Vanguard is just the infrastructure - it has nothing to do with your rate of return, unless you're in something with a weirdly high ER.

What are the funds you're in and their ERs?
by BuckyBadger
Thu Jul 26, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on prioritizing 401k, mortgage and/or 529
Replies: 23
Views: 2207

Re: Thoughts on prioritizing 401k, mortgage and/or 529

I don't agree with those of you who think a 529 is the same as a Roth for education expenses. I don't think most of us were saying that. I certainly wasn't. I can't speak for everyone who posted, but my point is that you should fully fund your own retirement before doing anything else. When the tim...
by BuckyBadger
Thu Jul 26, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Investment accounts for teens to control
Replies: 25
Views: 1278

Re: Investment accounts for teens to control

What sort of "investments" are these teens interested in doing? I wouldn't encourage them to invest at this point if they think that it means stock picking. It's a no-win situation. If they lose their money, they've lost it. If they triple their money it's even worse because they think that they're ...
by BuckyBadger
Thu Jul 26, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: New Member - Help Wanted
Replies: 20
Views: 1540

Re: New Member - Help Wanted

I also recommend you write yourself an IPS. Not to inundate you with all my personal crap, but I was a little overwhelmed by the concept at first until I saw some Boglehead's examples. I probably cribbed this format from one of them. But you can see what one example looks like here: https://image.ib...
by BuckyBadger
Thu Jul 26, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: New Member - Help Wanted
Replies: 20
Views: 1540

Re: New Member - Help Wanted

You've gotten great advice so far! Definitely sell out of that taxable account while it's still easy. Even if you want a taxable account sometime in the future, just open one at Vanguard. (That's what we did - only AFTER we were already maxing out all tax advantaged accounts!) As far as putting your...