Search found 72 matches

by indian86
Wed Dec 25, 2013 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Is anybody considering reducing bond purchases
Replies: 24
Views: 2158

Is anybody considering reducing bond purchases

in the coming year based on the anticipated rise in interest rates? I know nothing is definite but interest rates will rise and it must cause at least long term bonds to have a principal reduction. I know we are not market timers but is it smart to abandon common sense. Is anyone on board with this?
by indian86
Wed Dec 25, 2013 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting Job of 20yrs to start business
Replies: 31
Views: 5049

Re: Quitting Job of 20yrs to start business

I am in a similar position as you. Starting a new business is challenging for sure but not a big deal if you are prepared to go back into the corporate world if it doesn't work. Actually, it doesn't really sound like you are starting your own business. Sounds like your wife is and you will be the fi...
by indian86
Wed Dec 25, 2013 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Starting a new business - financial allocation
Replies: 6
Views: 600

Re: Starting a new business - financial allocation

Is it a unique business start up, or can you disclose the type of activity you are thinking about that requires that level of investment? I am having difficulty thinking of any individual owner start ups I've been involved in that had $50K/month expense right out of the gate.""" Draak, I will be ta...
by indian86
Tue Dec 24, 2013 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a new business - financial allocation
Replies: 6
Views: 600

Re: Starting a new business - financial allocation

Taylor - thank you. Yes, I already have the HELOC in place. I have not used any of the balance. I took it out 2 years ago for this possible reason.
by indian86
Tue Dec 24, 2013 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a new business - financial allocation
Replies: 6
Views: 600

Starting a new business - financial allocation

HI: I am planning on starting a new business in Feb 2014. I will be leaving my job that currently pays about 100k. I will need about 50k to get up and running and then have a monthly cost of about 50k from June forward to maintain the business. I anticipate being cash-flow positive month to month by...
by indian86
Thu Dec 12, 2013 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 21416

Re: What percentage of your income are you saving?

Save about 10% and in late 40s. I probably don't fit what is called the "boglehead lifestyle." kids are 15 and 12 and I intend to live it up a bit with them. Not sure about crimping now so one can live it up when retired - can never take life or health for granted. And I could save alot more but I a...
by indian86
Sun Dec 08, 2013 1:02 am
Forum: Investing - Theory, News & General
Topic: buy/hold vs. buy/hold/rebalance
Replies: 64
Views: 6266

Re: buy/hold vs. buy/hold/rebalance

Before you adhere to some strict annual rebalancing plan, please understand that "risk" is a very complicated concept in the investment world. I do think people can over-manage the re-balancing concept and all it does is generate broker fees. If you have learned that your risk profile is 50% stocks ...
by indian86
Sat Dec 07, 2013 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Admiral Shares
Replies: 15
Views: 2349

Vanguard Admiral Shares

Can someone tell me what is the basic difference between a fund and a fund with the same name with Admiral Shares? I see that the initial deposit for Admiral is more than a normal fund, and its performance seems to be better.
by indian86
Wed Dec 04, 2013 9:05 pm
Forum: Investing - Theory, News & General
Topic: I'd like to challenge the logic behind a 'disaster fund'
Replies: 134
Views: 9740

Re: I'd like to challenge the logic behind a 'disaster fund'

I keep 100k in savings - 9% of my net worth. I think of it as a combination or emergency fund, or maybe sometime I want to buy a small boat, redo a bathroom, or buy a small cottage by a lake...on somewhat of a whim. I just like having cash on hand - flexibility and security. The other 1 mill is in r...
by indian86
Wed Jun 26, 2013 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance or pay it all off?
Replies: 20
Views: 1834

Re: Should I refinance or pay it all off?

To each their own on this issue, but I am not a big fan of paying off a mortgage at these low interest rates if you have any acumen and confidence in investing. Especially if you have also built some equity. That being said, you have sufficient outside funds that paying off your mortgage would not c...
by indian86
Mon May 06, 2013 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: 1.5% Financial Advisor... or index fund?
Replies: 81
Views: 8719

Re: 1.5% Financial Advisor... or index fund?

DIY:

25% IYY
15% IYR
20% EFA
20% BND
10% TIP
10% AUG

Allocate to these percentages every JAn 1. Otherwise, forget about it. You will do better than an advisor.
by indian86
Mon May 06, 2013 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: 1.5% Financial Advisor... or index fund?
Replies: 81
Views: 8719

Re: 1.5% Financial Advisor... or index fund?

Hi all, This is my first time here. I'm aware that there are many resources here that I plan to read... But I'm dying to have some feedback. I recently inherited about $350,000 and have not done much with it as I have been settling my late mother's affairs. I'm now at the point of making some finan...
by indian86
Mon May 06, 2013 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: How to start with small amount?
Replies: 24
Views: 2486

Re: How to start with small amount?

I would recommend getting your emergency fund up to 6 months of expenses first. Without that, you'll be in trouble if you hit some unexpected expenses or loose your job. After that, I would pay extra towards your student loan (that gives you a guaranteed 6% return). Most here will recommend you foc...
by indian86
Fri Feb 22, 2013 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: should I consider home equity part of asset allocation?
Replies: 27
Views: 6046

Re: should I consider home equity part of asset allocation?

OK, some good stuff here. Thanks all. What I appear to be looking at is a 86/14 current stock bond split (I am convinced to keep the house out of it.) with my investment portfolio. I would like to deploy new funds to move toward 70/30 asset allocation over the next few years. Keeping it simple would...
by indian86
Fri Feb 22, 2013 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: should I consider home equity part of asset allocation?
Replies: 27
Views: 6046

Re: should I consider home equity part of asset allocation?

Anyone have any ETF's they would suggest to move new money into, given my scenario? There are so many dang choices.
by indian86
Fri Feb 22, 2013 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: should I consider home equity part of asset allocation?
Replies: 27
Views: 6046

Re: should I consider home equity part of asset allocation?

thanks nydad. Plan to be in the home for about 5-10 year and then downsize to a home that will be paid for by the equity, therefore eliminating my mortgage.
by indian86
Fri Feb 22, 2013 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: should I consider home equity part of asset allocation?
Replies: 27
Views: 6046

should I consider home equity part of asset allocation?

I have a net worth of about $1 million. However, 450k of that is locked in the value of my home. The other 600k is in cash (130k) in cash savings, mixture of foreighn and domestic stocks funds - mostly vangaurd (370k), bonds and TIPs (60k). I am 48 years old with no debt other than a 180k mortgage a...
by indian86
Fri Feb 15, 2013 10:40 am
Forum: Investing - Help with Personal Investments
Topic: [Who owns] TIPS
Replies: 37
Views: 3948

[Who owns] TIPS

How many of you own these as part of your port and do you think they are important for a portfolio. Thank you for you reply.
by indian86
Wed Feb 13, 2013 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Need Bonds in my portfolio
Replies: 6
Views: 725

Re: Need Bonds in my portfolio

thanks dbr - I understand the risky 95% thing. But I failed to clarify that is just investment money. I tend to categorize that out. I also have over 500k in equity in my home and 100+k in cash (ING). So with that I don't feel that my "investment portion (400k)" is overly risky. In fact, looking at ...
by indian86
Wed Feb 13, 2013 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Need Bonds in my portfolio
Replies: 6
Views: 725

Re: Need Bonds in my portfolio

Thanks for the quick responses. I have about 400k in various accounts - 95% to 5 in favor of stocks (5% bonds is mostly TIPS). About 50% of my stock allocation is international and 50% domestic. Since I am 48 my plan was to simply start buying some bonds with new contributions to start heading towar...
by indian86
Wed Feb 13, 2013 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Need Bonds in my portfolio
Replies: 6
Views: 725

Need Bonds in my portfolio

I have Roth contributions sitting in accounts that I would like to purchase Bonds with. My intent is to seek yield in these accounts where they are tax sheltered. Neither BND or the Vangaurd total Bond Index have a great yield, and many stocks have better yields. I do understand that bonds would hav...
by indian86
Sat Feb 02, 2013 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: how to start investing at market highs?
Replies: 40
Views: 5174

Re: how to start investing at market highs?

I came to the board last year at this time with the same question, but with 120k to invest. Very concerned about a market correction. But with the help of some astute board members I put it all in on one day in January. Turned out I made 14% putting it in equal parts EFA, IYY, IYR, BND, TLT - it is ...
by indian86
Thu Jan 17, 2013 5:33 pm
Forum: Investing - Theory, News & General
Topic: Lazy Portfolios
Replies: 9
Views: 1823

Re: Lazy Portfolios

Its really not that tough folks - for ages 20-55 IYY - 25% IYR - 25% EFA - 25% BND - 15% TLT - 5% IAU - 5% And forget about it. When adding new money, just buy the laggards to get the percentages up. Don't worry about rebalancing each year and wasting money on fees. Buy more to "balance out." I enco...
by indian86
Thu Jan 17, 2013 5:26 pm
Forum: Investing - Theory, News & General
Topic: Washington Post Article About People Raiding 401k Accounts
Replies: 102
Views: 22611

Re: Washington Post Article About People Raiding 401k Accoun

this is why I keep 100k in cash at ING at all times. Never know when unexpected things happen. Plus, makes me more charitable as well.
by indian86
Wed Jan 16, 2013 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: AAPL
Replies: 232
Views: 63913

Re: AAPL

bought some at 497 today. just about 4% of my port. 704 to 484 in two months for arguably the smartest company in the world on no material bad news is too quick, even for the fast changing tech world. Today was the key day because there were 3 early am downgrades and yet it blasted upward. Confirmat...
by indian86
Sun Jan 06, 2013 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: savings account [Looking for higher interest rates]
Replies: 25
Views: 5202

Re: savings account

I have been with ING for 5 years and currently have about the same amount. IT typically has been slightly above other major banks
by indian86
Sun Jan 06, 2013 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: The 4-year mortgage payoff plan
Replies: 121
Views: 23380

Re: The 4-year mortgage payoff plan

I just refinanced a mortgage balance of 180k with a 30yr - 3.75 and have myself on a 7 year plan to pay it off. I'm just tired of having a mortgage. I could just pay if off out of savings but I do feel the stock market is undervalued and we are heading into some nice returns over the next 4-6 years,...
by indian86
Sun Jan 06, 2013 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: The 4-year mortgage payoff plan
Replies: 121
Views: 23380

Re: The 4-year mortgage payoff plan

careful about having kids - they will really complicate the best-laid financial plans :D
by indian86
Sun Jan 06, 2013 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: Here's what bothers me (share price)
Replies: 36
Views: 2802

Re: Here's what bothers me

You don't invest in the stock market to make money. Work to make money. Anything you make in the market is bonus. IT is alot easier to work your butt off and make a lot of money and you really don't have to worry about how your investments do. ITs the old adage - not "only invest in the market what ...
by indian86
Thu Oct 11, 2012 7:45 am
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

Hey, thanks everyone. You wide range of comments have really made me think and clarified issues I have not thought of. 1. I apologize if I gave the impression I thought I was doing "great" at my current level. I did not mean to give that impression. Someone else characterized it as "OK." If I thouhg...
by indian86
Mon Oct 08, 2012 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

Sorry I offended you with my comment about light retirement savings for someone 48 years old. Obviously there is sensitivity there. You mentioned that you work for a small company, so I tend to wonder about longterm stability. I'd want to fund my security. You could burn through $470 K before you r...
by indian86
Mon Oct 08, 2012 10:39 am
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

Thanks for all the comments. I have started the road to refi my mortgage. I will be dropping to 3.75 with only $690 in closing costs. Very happy with that. I will also continuue to have a 250k HELOC at no cost, which I would only use in emergency. I must say I was a bit shocked at some of the commen...
by indian86
Sun Oct 07, 2012 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

1. Max out 401k's - both you and your wife; (Understand about your HCE problem; see if your wife can put another $17k/year toward her 401k; if she is self employed, she can put even more than $17k to it via solo 401k). 2. Max out Roth IRA's - both you and your wife. If your income is too high to do...
by indian86
Sun Oct 07, 2012 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

Grt2bOutdoors wrote:How much extra would you be able to put into savings if you paid off the mortgage today? That is the amount after the $500 you have to work with now.
I would invest the P&I I save - 1,009 per month.
by indian86
Sun Oct 07, 2012 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

i would pay the mortgage off personally, or atleast refi to 10-15yr with a better rate ... but to me its alarming how little you have invested for your age (please dont take offense) .. this is another case of saving for the children before saving for ourselves .. which i dont think is a good idea ...
by indian86
Sat Oct 06, 2012 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

I make the vast majority of the 140k combined income (110k). My company tells me that the 12% of my income I contribute to the 401k - which is a good bit less that 17k - is all I can contribute. This is a small company and HR said there are these limits due to overall plan participation throughout t...
by indian86
Sat Oct 06, 2012 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: To those that have bought a house..Are you happy?
Replies: 142
Views: 13176

Re: To those that have bought a house..Are you happy?

I bought in 1996 for 222k and now it is worth 660k, so it has definitely was a good idea for us. i think if you buy now in a metropolitan area, you are pretty much gauranteed to see an increase of 100% at least in your investment - not too shabby. Housing is depressed in most areas. There is a finit...
by indian86
Sat Oct 06, 2012 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

Re: paying off mortgage....help

many of you are suggesting upping my contributions to retirement accounts. I thought there was a cap to the amount you can contribute. MY wife and I both contribute 12% pretax to 401ks and then 5k each to Roths. Which totals about 17%. Can we legally contribute more?
by indian86
Sat Oct 06, 2012 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: paying off mortgage....help
Replies: 50
Views: 4571

paying off mortgage....help

I have 181k mortgage balance on a house that is worth 660k. The rate is 5%. I am 48, married, with two kids several years away from college. Their college tuition is paid for and I have no other debt. I have 235k in liquid savings and investments and another 235k in retirement accounts. I have this ...
by indian86
Wed Feb 08, 2012 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: To those that have bought a house..Are you happy?
Replies: 142
Views: 13176

Re: To those that have bought a house..Are you happy?

I bought in 1997 for 222k and it would sell now for 660k, so it turned out to be my best investment in my life pretty much, as well as the psychological benefit of having something that is your own and the freedom that comes with it. I would probably be fine renting also and would be bitter if it wa...
by indian86
Tue Jan 31, 2012 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Share Your Money-Saving "Secrets" Here
Replies: 110
Views: 11908

Re: Share Your Money-Saving "Secrets" Here

401ks are the best way to save. Start early and you won't miss the money. Doesn't matter how "bad" the fees or match is. the discipline of the saving is priceless. Then once you see it growing is will spurn you to save in other ways. However, I am not a proponent of saving to save. Some people I thi...
by indian86
Fri Jan 27, 2012 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Do you have a small pool of $ for trying to time the market?
Replies: 50
Views: 3418

Re: Do you have a small pool of $ for trying to time the mar

My small pool I choose to use for sports betting instead of market timing. What service do you like to use? Anyway, yes I have a pool of money I use for a market pullback of 10% or more. I just dump it in exactly when it gets to 10%. the key is not to wait for it to pull bakc more and to be discipl...
by indian86
Fri Jan 27, 2012 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: What Percentage of your Gross Income for Housing & Auto?
Replies: 87
Views: 8473

Re: What Percentage of your Gross Income for Housing & Auto?

About 22%. I could pay off the house and reduce it to about 5% with available cash.
by indian86
Mon Jan 23, 2012 3:17 pm
Forum: Investing - Theory, News & General
Topic: Scary Statistics
Replies: 56
Views: 7969

Re: Scary Statistics

Aren't we past all this? Isn't the world bigger than this now? I have no problem with my son or daughter getting a job in China or India after they graduate if it provides a good standard of living - over there. That's what people don't understand. It is all relative.
by indian86
Fri Jan 20, 2012 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund
Replies: 16
Views: 1758

Re: Emergency Fund

You didn't respond to my previous post about job-loss. How do you see that?[/quote] I am in private consulting, so it isn't ultra-secure like a gov job or even teaching. things are getting testy around here. I posted a couple days ago that I would lose my job, but it looks like that will not happen....
by indian86
Fri Jan 20, 2012 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund
Replies: 16
Views: 1758

Re: Emergency Fund

Gauntlet wrote:If you have not already, you might want to consider I Savings Bonds. They seem to be a pretty good place to put a portion of your emergency fund.

Is there a Vangaurd ETF that uses I Savings Bonds? What about SHY as a "holding" area.
by indian86
Fri Jan 20, 2012 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund
Replies: 16
Views: 1758

Emergency Fund

I have seen this concept evolve over th elast 5 years. It used to be to try to set aside 3 months of expenses. Now, with the broader economic issues I am hearing my like 12 months. For me, who has a wife and two kids and lives in Northern VA, that is in the neighborhood of 75k. It just seems like an...
by indian86
Wed Jan 18, 2012 5:48 pm
Forum: Personal Consumer Issues
Topic: Tithe 10% of Gross?
Replies: 102
Views: 8729

Re: Tithe 10% of Gross?

IMHO Think of the story of Jesus in back of the synogogue pointing out the little poor widow who gave two copper coins. He said she gave more than the rich man who gave a larger monetary amount.[/quote] This is the "give till it hurts" plan. While that works for some people, that isn't the purpose o...
by indian86
Wed Jan 18, 2012 5:40 pm
Forum: Personal Consumer Issues
Topic: Tithe 10% of Gross?
Replies: 102
Views: 8729

Re: Tithe 10% of Gross?

God demands your whole life, whole commitment, entire loyalty. The possible stumbling block for tithing is two-fold (1) for some it becomes a checkbox to satisfy their religious commitment and they have little further involvement and (2) it can be a source of boasting. I am not saying that I see tha...
by indian86
Mon Jan 16, 2012 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire Next Door
Replies: 74
Views: 16400

Re: Millionaire Next Door

What I find interesting is this theme of self-employment. My life experience is over the past 15-20 years I probably have run into 8-10 acquaintenences or friends who have gone into business on their own. As I have often considered it myself, I would ask them about their experiences. Every single on...