Search found 584 matches

by StormShadow
Fri Oct 05, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: My apathetic sister's rollover IRA Money Market
Replies: 12
Views: 1020

Re: My apathetic sister's rollover IRA Money Market

welderwannabe wrote:
Fri Oct 05, 2018 10:53 am
Stay away.
+1

If you like, buy her this...
Image

My sister "borrowed" my copy and hasn't returned it. :?
by StormShadow
Fri Oct 05, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 12639

Re: What purchase saved you the most money?

Toyota instead of BMW.
by StormShadow
Mon Sep 24, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25203

Re: What is your single most expensive mistake?

Buying too much house as a "starter" home.

Any number of individual stocks that I came close to pulling the trigger on, but ultimately didn't (google, amazon, apple... etc, etc).
by StormShadow
Sun Sep 23, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 231
Views: 15783

Re: iPhone XS Max

Have an SE. Perfect size to carry around. It and the 5 series it’s based on have a reputation of being among the most reliable of all the iPhone models.

Personally, I’d rather use that $1,100 on an iPad and/or get the gen4 Apple Watch.
by StormShadow
Sat Sep 22, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: New to Investing, I feel lost
Replies: 43
Views: 2050

Re: New to Investing, I feel lost

I will be making ~$45K/year...I can live a year with $7K, set funds aside for an emergency, and invest a good percentage of what's left. Find your asset allocation (percent stocks vs bonds); I recommend 90/10, 85/15 or 80/20 using nothing but low cost index funds. Max out your 401k according to you...
by StormShadow
Tue Sep 18, 2018 2:10 pm
Forum: Personal Consumer Issues
Topic: $180 IPhone SE or $90 Iphone 5S
Replies: 33
Views: 2279

Re: $180 IPhone SE or $90 Iphone 5S

I need to get a cellphone in the next day. I have narrowed it down to two options: Option 1: $180 Brand New Factory Unlocked Iphone SE, 32 GB. Option 2: $90 Manufacturer Refurbished Iphone 5S, 16GB. Which one is a better value? I won't be using this phone much - it's going to be more like a backup ...
by StormShadow
Sat Sep 15, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 304
Views: 52943

Re: What is your luxury good?

tldr...

Bucks of Star.
by StormShadow
Thu Sep 06, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep my financial advisor
Replies: 130
Views: 7684

Re: Should I keep my financial advisor

They charge flat retainer fee of 5k per year, soon to go up to 6k. My total investment is about 200k. I have some basic understanding of investment and fund selection. My question to all of you is are financial advisors worth their fees.. Should I keep my advisor or should I try to do it by myself....
by StormShadow
Tue Aug 28, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Views on VNQ / GLD with the market at highs
Replies: 6
Views: 584

Re: Views on VNQ / GLD with the market at highs

skor99 wrote:
Tue Aug 28, 2018 2:26 pm
Any thoughts ?
Yeah, don't try to time the market.
by StormShadow
Tue Aug 28, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on paying off debt vs investing
Replies: 32
Views: 2292

Re: Thoughts on paying off debt vs investing

If you're in the second highest income tax bracket and have student loans with interest rate then of course you pay down your loans. It doesn't make sense to compare your loan interest rate to the stock market return. There is zero risk with paying down your loans. Compare it to buying a short term ...
by StormShadow
Thu Aug 23, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: How come people use Amazon Locker?
Replies: 15
Views: 1575

Re: How come people use Amazon Locker?

SuperGrafx wrote:
Thu Aug 23, 2018 2:15 pm
People who live in ares where 'porch pirates' are prevalent.
+1000
by StormShadow
Wed Aug 22, 2018 12:21 am
Forum: Personal Consumer Issues
Topic: Toyota Camry - Considering Purchase - Panoramic Sunroof?
Replies: 30
Views: 1819

Re: Toyota Camry - Considering Purchase - Panoramic Sunroof?

I have a Toyota Camry with a sunroof.

I use it on occasion and I like it.

I wouldn't buy a car without it.
by StormShadow
Fri Aug 17, 2018 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Need advice on where to keep safe money
Replies: 10
Views: 1524

Re: Need advice on where to keep safe money

I found this: https://www.tiaabank.com/banking/money-market Does this look okay? I see no fees, no minimum, no "catches" but am I missing anything? Does anyone know anything about this company either good or bad? Does this seem like a reasonable place to park money. They are a subsidiary bank of TI...
by StormShadow
Sun Aug 12, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor or no advisor?
Replies: 16
Views: 1462

Re: Advisor or no advisor?

1. Part of the reason for an advisor is that DW is the one doing the managing with minimal input from me as she is more comfortable doing it. Her concern is that if something would happen to her, I would be a bit lost and having an advisor who knows what's going on would be helpful. 2. We have been...
by StormShadow
Sun Aug 12, 2018 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor or no advisor?
Replies: 16
Views: 1462

Re: Advisor or no advisor?

What I would do... 1. Wouldn’t bother having an advisor. But my DW has a pretty good idea of what to do if something were to happen to me. You might want to discuss this with your significant other. For most folks I think it’s a waste of money. The only real benefit a financial advisor provides is p...
by StormShadow
Sun Aug 12, 2018 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor Mandatory?
Replies: 36
Views: 3353

Re: Financial Advisor Mandatory?

Nissanzx1 wrote:
Sat Aug 11, 2018 7:36 am
Do we need a financial advisor?
Nope.
Nissanzx1 wrote:
Sat Aug 11, 2018 7:36 am
They even consult with them before buying appliances or furniture...
Same response to the financial advisor question... you can do this yourself.
by StormShadow
Sun Aug 12, 2018 12:00 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 260
Views: 25266

Re: most compelling TV character ever

Data - ST:TNG.
Saul Goodman, James McGill - Breaking Bad, Better Call Saul
Dustin - Stranger Things
Corporal Klinger - MASH
Murray - Mad About You
by StormShadow
Sun Jul 29, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: 401k loan for car payoff - bond allocation used
Replies: 13
Views: 1160

Re: 401k loan for car payoff - bond allocation used

The self interest you are paying yourself is with after-tax money. You'll pay a second income tax on it when you redeem it at retirement age. The payments being made on the car loan are after-tax as well, so that's a wash. While it's true that the interest re-paid back into the 401k is taxed upon d...
by StormShadow
Sun Jul 29, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Dump a Pile of Money on Young Son?
Replies: 157
Views: 13775

Re: Should I Dump a Pile of Money on Young Son?

Many thanks to everyone who posted. The postings certainly show that this is not a clear-cut matter. It really helps though to get a lot of ideas and opinions and I have already begun to absorb them into my thinking and actions. Had a meaningful conversation about all of this with son yesterday whi...
by StormShadow
Wed Jul 25, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: 401k loan for car payoff - bond allocation used
Replies: 13
Views: 1160

Re: 401k loan for car payoff - bond allocation used

The self interest you are paying yourself is with after-tax money. You'll pay a second income tax on it when you redeem it at retirement age. Also, you may lose out on the opportunity cost of not having your money in the stock market. Assuming you buy into the belief of "time in the market" > "timin...
by StormShadow
Thu Jul 19, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Watch Collection Reasonable or Unreasonable or Irresponsible?
Replies: 104
Views: 5342

Re: Watch Collection Reasonable or Unreasonable or Irresponsible?

I have a wrist Watch collection valued at conservatively $80,000... Looking for opinions on if this is out of balance or workable? I think that is a lot of money spent on watches. But I own a Rolex and am contemplating spending $60k on a BMW, so what do I know. Only reason I haven't bought the BMW ...
by StormShadow
Fri Jul 13, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Buying Used Honda/Toyota -- How old is too old?
Replies: 16
Views: 1307

Re: Buying Used Honda/Toyota -- How old is too old?

We want to buy either a used CR-V or RAV4 for our teen to commute to school (30 minutes each way on highway). We want something safe/reliable but want to send the message that it's no frills transportation (e.g. a few steps up from a "beater"). We'd prefer to spend under $10K which would get us som...
by StormShadow
Thu Jul 12, 2018 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 41
Views: 5482

Re: Self Employed 48years old and nothing saved for retirement

I'd give up on the house, rent and use the savings for your house purchase to jump start your retirement.

Spend less, save more.

Roth IRA and solo 401k with self-matching.
by StormShadow
Sat Jul 07, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Gold and silver in portfolio
Replies: 2
Views: 460

Re: Gold and silver in portfolio

From a strictly investing standpoint, no its not wise to add gold/silver into your portfolio. Its a commodity. On a day-to-day/month-to-month basis its pure speculation. At best, it is a hedge against inflation. You shouldn't expect any long term growth from it. That all said, I do own a few gold an...
by StormShadow
Fri Jul 06, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Roll over old 401k to Vanguard?
Replies: 6
Views: 460

Re: Roll over old 401k to Vanguard?

I am struggling to understand why you are willing to transfer out of a no-fee 401k unless the investment options are terrible. One of the cardinal rules is to keep the fees as low as possible. Simplicity. If he drops dead tomorrow, it'll make it easier for his family to consolidate his assets. Not ...
by StormShadow
Fri Jul 06, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Helping Parents. Just Moved to VG
Replies: 15
Views: 1045

Re: Helping Parents. Just Moved to VG

Vanguard lifecycle for 2020 retirement (VTWNX): Vanguard Total Stock Market Index Fund Investor Shares 32.80% Vanguard Total Bond Market II Index Fund Investor Shares 28.90% Vanguard Total International Stock Index Fund Investor Shares 21.20% Vanguard Total International Bond Index Fund Investor Sha...
by StormShadow
Fri Jul 06, 2018 10:57 am
Forum: Investing - Theory, News & General
Topic: Morningstar: prepare for a lost decade for U.S. stocks
Replies: 198
Views: 19601

Re: Morningstar: prepare for a lost decade for U.S. stocks

So..... be greedy when others are fearful? :beer :beer :beer
by StormShadow
Tue Jul 03, 2018 11:58 am
Forum: Investing - Help with Personal Investments
Topic: What’s your plan for a market downturn?
Replies: 114
Views: 10342

Re: What’s your plan for a market downturn?

What I hope to do?
- Rebalance aggressively into stocks.

What I probably will do?
- Turn off the news.
- Focus on work and contribute to my retirement plan as before.
- Pay down debts.
- Check into Bogleheads more frequently.
by StormShadow
Sun Jun 24, 2018 12:03 am
Forum: Personal Finance (Not Investing)
Topic: Podcasts on money management and investing basics
Replies: 22
Views: 1450

Re: Podcasts on money management and investing basics

Off the top of my head: Money Girl, Dave Ramsey and Vanguard (they had several running). There are a lot of them. I find that they can get a little repetitive and boring... which is what good investing should be. Or you could just point her here. Personally, I enjoy listening to Planet Money and Fre...
by StormShadow
Fri Jun 22, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: how to make friends in new location?
Replies: 96
Views: 8895

Re: how to make friends in new location?

Moving to a new city 6 hours away. Worried about making friends for wife. I am half man half monk. Can do without others because I have wife but she is not like this. She loves things like bocce, and indoor heated pool swimming. she found those two activities here. They tend to be an older crowd wh...
by StormShadow
Wed Jun 20, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 156
Views: 44489

Re: Is the first 100k really the hardest?

The first 100k came pretty quickly once I started working with a 401k. But I'm finding that first $1 million to be pretty friggin hard to get to. I'm not even a third of the way there, so it feels like an unreachable goal. :-( I'm constantly tempted to just blow my money on that luxury car I've alwa...
by StormShadow
Mon Jun 18, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1115
Views: 274068

Re: Best watch for around $5,000?

Image
Or a Rolex :beer
by StormShadow
Sun Jun 17, 2018 10:43 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 5664

Re: Bitcoin Price Manipulation

Sounds like a post from Dec 2017. We had the bubble talk a few times here. If you haven't got the memo: the bubble popped already and everybody was happy to be right. Now you say it's a bubble, leaving me confused. It's STILL a bubble. Bubbles can have more than one peak, you know. https://cdn-imag...
by StormShadow
Sun Jun 17, 2018 10:05 pm
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 9399

Re: Which Supermarket are you?

I use the local supermarket. Never bought into the organic hogwash.

Plus, using my local supermarket gets me a small discount on gasoline.
by StormShadow
Sun Jun 17, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 112
Views: 13092

Re: Very confused with the current market

- It has been history higher and higher. - the fundamental law says it will recycle every 10 years - I had been on cash for 10 months Please don't tell me I should not time the market. What's going wrong? What's wrong is you're timing the market. There's always going to be a highest ever SP500/DowJ...
by StormShadow
Sat Jun 16, 2018 1:15 am
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 5664

Re: Bitcoin Price Manipulation

supaflix wrote:
Fri Jun 15, 2018 11:51 pm
Bitcoin is many things...
And one of those things is a bubble.

That's all I need to know about bitcoin. No thanks.
by StormShadow
Mon Jun 04, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Moving from EJ to Vanguard
Replies: 22
Views: 2402

Re: Moving from EJ to Vanguard

Me, I'd lump sum. Time in the market usually beats out timing the market. But do whatever you feel comfortable with.

Like many bogleheads I choose Vanguard and have been more than happy with the results so far.

G'luck! :beer
by StormShadow
Sat Jun 02, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Switch between physicians in the same practice?
Replies: 40
Views: 3367

Re: Switch between physicians in the same practice?

I was searching the internet for a surgeon near me and found a very experienced physician with excellent reviews. Called the clinic and made an appointment. At the appointment I was attended by a different physician, seem to be very nice and knowledgeable, but much younger. When I got home, I searc...
by StormShadow
Tue May 15, 2018 2:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 11419

Re: Yes, I'm 89 all right!

Happy Birthday, Mr. Bogle! :mrgreen:
by StormShadow
Tue May 01, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 57
Views: 13589

Re: Schwab Vs Fidelity Vs Vanguard

Not that I expect Fido or Schwab to do everything they can to take your money from you. They seem to have reputations for some restraint. But it seems much safer to trust Vanguard. +1 Vanguard has a great track record. I'm sure you can save a few more cents going elsewhere, but I place value with t...
by StormShadow
Fri Apr 13, 2018 12:06 am
Forum: Investing - Help with Personal Investments
Topic: Crazy to start 529 without kids??
Replies: 49
Views: 4084

Re: Crazy to start 529 without kids??

No, I would invest in taxable account in very tax efficient index funds. Much more flexible and if life becomes more clear then you could fund 529s. +1 I'd hold off the 529 until you have kids. Frankly, if I were you I'd park it all into a high yield savings account and read up on investing before ...
by StormShadow
Tue Mar 27, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Taking out a loan to re-pay 401k loan?
Replies: 33
Views: 1981

Re: Taking out a loan to re-pay 401k loan?

The other argument against taking 401k loan is that you would forgo the investment gain on the loan amount but the gain is not for sure and the loan would allow you to lock in a 3.25% safe return rate. I don't know if I'd call it a safe return rate, because you're paying for it. Its more like a man...
by StormShadow
Mon Mar 26, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taking out a loan to re-pay 401k loan?
Replies: 33
Views: 1981

Re: Taking out a loan to re-pay 401k loan?

I had taken out a 50k 401k loan a few years ago to finance a house. I'm happy with the decision and house has appreciated during that time, I've gotten to live here and enjoy it this whole time, and the interest on the loan is relatively low 3.25%. ...... On the other hand, the terms are nice, albe...
by StormShadow
Sat Mar 24, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: Invests money, 3 days later the market tanks.
Replies: 58
Views: 8141

Re: Invests money, 3 days later the market tanks.

The stock market tanks on 3-23-18 and I lose $3,500. Why did you sell out at 3/23/2018? If you did, then that was dumb and that is why you shouldn't try to time the market. Or you didn't sell out and just the value of all of the investments went down by $3500 (which I suspect is the case)... if so,...
by StormShadow
Wed Mar 21, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: My 1st portfolio questions
Replies: 17
Views: 1913

Re: My 1st portfolio questions

What I'd do: 1. Pay off the car. 2. Finish out your emergency fund. 3. Contribute to 401k to the match (if available). Put it into the lowest ER without loads (looks like RGAEX). 4. Max out your IRA. 5. Max out your remaining 401k (again, I'd put it ALL into the fund with the lowest ER). Adjust your...
by StormShadow
Wed Mar 21, 2018 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Another reason to steer clear of Bitcoin. As if we need another reason...
Replies: 47
Views: 6830

Re: Another reason to steer clear of Bitcoin. As if we need another reason...

Sorry, thought I would chime in. Anyone wishing to truly understand crypto-currencies, and more importantly 'blockchain' technology -- I would encourage to do so. Many feared the internet when it was created, but that never stopped it's progression. No one is asking people to invest in 'crypto-curr...
by StormShadow
Wed Mar 21, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 5335

Re: Buying vs renting - really tough decision to make

No brainer. Rent. Invest the rest.

I'd consider renting even after marriage now that the standard deduction is so high. Once you have a couple kids and need to think about schools, then buy a house.
by StormShadow
Mon Mar 19, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: 2018 Forester vs CRV vs RAV4
Replies: 143
Views: 17949

Re: 2018 Forester vs CRV vs RAV4

(3) 2018 Toyota RAV4 XLE FWD with "Power Plus" or "Power Premium" package We have an older model Rav4. Ours was the last year they had a V6 engine, which is pretty quick. The car is a tank and fun to drive especially for an SUV. My gas mileage isn't as good as the newer models. I have friends that ...