Search found 1059 matches

by Clever_Username
Fri Dec 14, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Investing in bonds while you still have a mortgage
Replies: 12
Views: 1199

Re: Investing in bonds while you still have a mortgage

More information is needed. I have over $500k outstanding on my mortgage (4.25% fixed), but I have over $100k in various bonds. Liquidity is important, even with a fairly secure job.
by Clever_Username
Wed Dec 12, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: Our mentor [Jack Bogle] advises to "buy bonds" for protection in current market
Replies: 61
Views: 5836

Re: Our mentor advises to "buy bonds" for protection in current market

I buy bonds for protection in any market. Not sure why the current market is relevant.
by Clever_Username
Fri Nov 23, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Dealing with Reality
Replies: 20
Views: 3563

Re: Dealing with Reality

OK, let's just say someone has a large percentage of their money in a money market. And let's just say that person knows (and has known) this is a horrible, non tax advantaged, losing to inflation strategy. How does one enter in the 3 investment thing, taking into account putting it in all at once ...
by Clever_Username
Fri Nov 23, 2018 10:30 am
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15061

Re: Black Friday 2018

I did Black Friday in person once, in 2003, for a computer. Not going to happen again, but I'm kinda glad I had that experience once. I did buy three movies I wanted to own on Blu-Ray (Spectre, Dawn of Justice, Wonder Woman in case anyone is wondering) on Amazon for $4. They were on my watch list fo...
by Clever_Username
Sat Nov 17, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest now
Replies: 9
Views: 888

Re: Should I invest now

I want to get rid of my current fee based advisors and invest my retirement savings in Vanguard funds. Is now a good time to do that given where markets are at? I am about 2 years away from retirement, so would keep some money back in cash in case of an immediate market drop Assuming your asset all...
by Clever_Username
Fri Nov 16, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard investor class shares on their way out?
Replies: 88
Views: 8415

Re: Vanguard investor class shares on their way out?

Aaaw, and I'm so close to converting my last Investor-class shares fund to Admiral!
by Clever_Username
Wed Nov 14, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Brand New to Boggleheads, Thoughts on my stocks?
Replies: 12
Views: 797

Re: Brand New to Boggleheads, Thoughts on my stocks?

Coworker seems to think I shouldn't invest into Nintendo, but I think that the stock will go up because of the new Smash game like it did last March because of the switch. Is this game a secret, and you're doing insider trading? Or is it public knowledge, both in terms of the game's release and ant...
by Clever_Username
Mon Nov 12, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Can you suggest where to live if work at UCLA
Replies: 40
Views: 3194

Re: Can you suggest where to live if work at UCLA

I used to work at UCLA. I lived in Westwood, but I was young, single, didn't have a lot of things, and had purchased a studio condo in Westwood (since sold), so all that added up to living in the area and walking to work. As so many others have said, there's a world of difference in the area between...
by Clever_Username
Sun Nov 11, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29274

Re: [Financial] Habits of the Rich

Never impulse buy or invest. I just bought something that I know I had a coupon back home. Could have saved several bucks. And believe me small bucks do add up. As someone with a good math background, please let me confirm that small numbers do, in fact, add up :-) OP, let me add that I am working ...
by Clever_Username
Thu Nov 08, 2018 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11956

Re: If expenses are low, are some of us over saving?

I'm 35. If my current retirement savings grows at 3.5% annual real average until I'm 60, at that point 4% would be much more than my non-housing expenses; if my mortgage were paid off (so I only need to pay maintenance and utilities and property taxes), it's still enough to cover. But saving more? I...
by Clever_Username
Tue Nov 06, 2018 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7587

Re: Never thought of living in Bay Area but just got a call from Tesla

I've always been a LCOL lover for my entire life. Make a decent salary. Have a house way bigger than I ever need with a PITI that is 30% of my take home pay. No state income tax. 5 mile commute to work. Usually home by 5:40 each night. I am in California, but not the bay area. It is 5:30 as I type ...
by Clever_Username
Mon Nov 05, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Social Security Max Taxable Earnings
Replies: 12
Views: 1766

Re: Social Security Max Taxable Earnings

Thank you both for the information. I have no idea what most of these numbers mean, and it's time I admit that. Is this something I should be concerned with (mid-30s), other than it explains why my take-home increases a little bit at the end of the year? Given the rules are likely to change at some ...
by Clever_Username
Mon Nov 05, 2018 10:53 am
Forum: Investing - Help with Personal Investments
Topic: Are Bond Funds Really a Good Investment Now?
Replies: 44
Views: 5090

Re: Are Bond Funds Really a Good Investment Now?

Reubin wrote:
Sun Nov 04, 2018 9:55 pm
I do not believe that I have a constant ability to time the markets but there are times that I've been correct about where it's going.
The Kansas City Chiefs are currently 9-for-9 on calling coin flips this season, but I'm not about to hire Andy Reid as an expert coin-flip-caller.
by Clever_Username
Sun Nov 04, 2018 6:08 pm
Forum: Investing - Theory, News & General
Topic: Social Security Max Taxable Earnings
Replies: 12
Views: 1766

Re: Social Security Max Taxable Earnings

I have no idea what most of these numbers mean, and it's time I admit that. Is this something I should be concerned with (mid-30s), other than it explains why my take-home increases a little bit at the end of the year?
by Clever_Username
Sun Nov 04, 2018 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Where to build a 'payoff the mortgage' fund?
Replies: 13
Views: 1987

Re: Where to build a 'payoff the mortgage' fund?

I wouldn't even put "invest in stock fund" versus "pay off mortgage" in the same category. The money market fund is paying two-point-something, but that's taxed interest and is far lower duration than the mortgage. On the other hand, why not pick a bond fund of reasonable duration for the money, pe...
by Clever_Username
Sun Nov 04, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Where to build a 'payoff the mortgage' fund?
Replies: 13
Views: 1987

Re: Where to build a 'payoff the mortgage' fund?

I wouldn't even put "invest in stock fund" versus "pay off mortgage" in the same category. The money market fund is paying two-point-something, but that's taxed interest and is far lower duration than the mortgage. On the other hand, why not pick a bond fund of reasonable duration for the money, per...
by Clever_Username
Sat Nov 03, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Are Bond Funds Really a Good Investment Now?
Replies: 44
Views: 5090

Re: Are Bond Funds Really a Good Investment Now?

The bond funds I am invested in serve a purpose in my portfolio. They're meant for money several years off at the minimum. And they're less volatile than the stocks that make up the bulk of my portfolio. I'd say their effectiveness in both aspects serves to make them good investments. Whether they d...
by Clever_Username
Sat Nov 03, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 7119

Re: 2019 Retirement Contribution Limits Announced

LadyGeek wrote:
Fri Nov 02, 2018 4:44 pm
^^^ Look at it this way. Your $500 over 15 years will be worth far more than someone who is near retirement and can only invest it for a few years.

See: Importance of saving early
That is awesome, thank you :-)
by Clever_Username
Fri Nov 02, 2018 3:53 pm
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 7119

Re: 2019 401(k) Contribution Limit

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! I'm so jealous, I won't turn 50 for an...
by Clever_Username
Fri Nov 02, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7816

Re: I Bond fixed rate = 0.5%

Looking forward to buying my 2019 sets in January and February.
by Clever_Username
Wed Oct 31, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11176

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

I imagine one advantage to HCOL vs LCOL is already mentioned, and that's the eventual move. I own a home in Southern California. I periodically look at house prices in the greater Phoenix area, where I plan to move when I retire. The equity in my home at the moment would make a very sizable down pay...
by Clever_Username
Tue Oct 30, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Should I co-sign for relative?
Replies: 103
Views: 4987

Re: Should I co-sign for relative?

Were there no used sedans the relative could get at a far more reasonable rate?
by Clever_Username
Sat Oct 27, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Series I Savings Bonds
Replies: 35
Views: 3869

Re: Series I Savings Bonds

PFInterest wrote:
Sat Oct 27, 2018 11:21 am
- in CA it makes it worse to hold a bond fund in taxable (such as total bond)....
Total bond, sure. California-specific municipal bond fund though, works fine.
by Clever_Username
Sat Oct 27, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Series I Savings Bonds
Replies: 35
Views: 3869

Re: Series I Savings Bonds

Hi all, I have a well diversified taxable vanguard taxable account that is 100% stock funds given my time horizon and risk tolerance. However, I'd like to start buying US Treasury Bonds to diversify and take advantage of the rising interest rates. Looking at the options, the Series I seem like a gr...
by Clever_Username
Fri Oct 19, 2018 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: CA property tax > $10K, any options to deduct all?
Replies: 45
Views: 5867

Re: CA property tax > $10K, any options to deduct all?

krafty81 wrote:
Wed Oct 17, 2018 6:38 pm
My taxes go down next year in CA.
How? I haven't figured out yet if mine will. What range will benefit?
by Clever_Username
Fri Oct 12, 2018 12:00 am
Forum: Personal Finance (Not Investing)
Topic: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing?
Replies: 103
Views: 9962

Re: “$1000/month job is worth $300k in retirement funds” // What are some retirement jobs you would actually enjoy doing

Thought has crossed my mind of being a marshal at a golf course. Probably worth more than $1000/month for me if it includes golf privileges.
by Clever_Username
Tue Oct 02, 2018 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: How many months/years of living expenses do you save each year?
Replies: 29
Views: 3541

Re: How many months/years of living expenses do you save each year?

My income fluctuates based on how much overtime I get. I generally put about six months' living expenses into my 403(b), including the employer match, another two months into iBonds, and another 4-6 months into taxable savings. It used to be more, even when I made less, as my expenses were lower, bu...
by Clever_Username
Tue Oct 02, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Is an emergency fund just about market timing?
Replies: 103
Views: 5797

Re: Is an emergency fund just about market timing?

I posted the following (other than I'm fixing a typo) in another thread 5-6 months ago. It still represents my view. After a certain point, it becomes less important to have a designated emergency fund than to have an emergency plan. In my case, I have some cash which I suppose works like an emergen...
by Clever_Username
Mon Aug 20, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 109
Views: 12265

Re: Is a million really the benchmark for retirement

I am in my mid-30s. Barring some horrible market or life situations, I will have a nominal half-million in retirement assets (not including home equity) within two years. I have no idea what one million will be worth when I retire. It worked super well for some on this site, who retired well before ...
by Clever_Username
Mon Aug 20, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers Who Have Net Worth of $1 million +
Replies: 137
Views: 18529

Re: Teachers Who Have Net Worth of $1 million +

Seriously thinking about giving a talk at her school about investing basics. Just painful to watch people do things that are financially harmful.... :oops: That'd be awesome. I'm not at her school (my 403(b) is at Vanguard, although there is also a Fidelity option!), but I think it's awesome if you...
by Clever_Username
Mon May 28, 2018 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Alternatives
Replies: 16
Views: 1830

Re: Emergency Fund Alternatives

Another person whose first not-immediately-cash part of the emergency plan is Series I Bonds. Having a dedicated emergency fund is appropriate advice to someone young or without much invested, but after a while it's more practical to have an emergency plan than dedicated dollars sitting in cash.
by Clever_Username
Mon May 28, 2018 9:33 am
Forum: Local Chapters and Bogleheads Community
Topic: MEMORIAL DAY 2018
Replies: 28
Views: 3057

Re: MEMORIAL DAY 2018

Both of my grandfathers served in World War II. One was super active in the veterans community until he passed away a few years ago. I am very proud of both of them. Memorial Day is a very important holiday in my household, but being grateful for the sacrifice of those we remember explicitly on Memo...
by Clever_Username
Mon May 28, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing retirement contributions?
Replies: 31
Views: 3739

Re: What to do after maxing retirement contributions?

Series I Bonds are popular as a next step. As a bonus, you can also start to treat it as part of your emergency plan.

There's normal taxable investing; be aware of your tax rate, as depending on your income level and state of residence municipal bonds might be more tax efficient than a stock index.
by Clever_Username
Fri May 25, 2018 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Should Tax-Free Munis Be Part of Roth IRA?
Replies: 22
Views: 1657

Re: Should Tax-Free Munis Be Part of Roth IRA?

Ok. Tax bracket is 22%. I have the bonds to "diversify" the portfolio. Maybe not such a good idea (see, https://www.whitecoatinvestor.com/why-municipal-bonds-probably-dont-belong-in-your-portfolio/ ) A later article from the same; not necessarily arguing in favor of or against municipal bonds, but ...
by Clever_Username
Fri May 25, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Rum and Summer Cocktails
Replies: 30
Views: 2299

Re: Rum and Summer Cocktails

Kraken Black Spiced Rum is very reasonably priced and very drinkable. On the few occasions where a friend and I drank copious amounts of the stuff (dark & stormy w/ Goslings ginger beer) we felt great the next morning. Certainly better than we deserved. I don't drink a lot of rum but Kraken was sur...
by Clever_Username
Fri May 25, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 4388

Re: When did this start??

I went to dinner last night and noticed something on the bill. Where the restaurant indicated suggested tipping on the bottom (20%, 18%, 15%), the tip is based on TOTAL bill including taxes. I've never tipped on the taxed amount, just the food and drink. Thoughts? Happened to me Wednesday night too...
by Clever_Username
Thu May 24, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Bogle featured in Barrons cover story
Replies: 38
Views: 4179

Re: Bogle featured in Barrons cover story

When has Bogle been "a thorn in the side of Vanguard?" Or did I read something wrong?
by Clever_Username
Fri May 18, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 10251

Re: Dave Ramsey it or keep low interest debt

Ramsey keeps stating millionaires are made following his methods Millionaires are also made by playing the lottery. Yes, Ramsey is a sounder financial plan than the lottery, but just because millionaires are made following his methods doesn't make his methods optimal. If I had your debt load, I'd k...
by Clever_Username
Fri May 18, 2018 9:52 am
Forum: Investing - Theory, News & General
Topic: Rob Arnott:index Investors Buy High, Sell Low
Replies: 51
Views: 5815

Re: Rob Arnott:index Investors Buy High, Sell Low

If I understand his argument correctly, he seems to think that an S&P 500 index buys a company that gets added to the index on the day it gets added. I cannot imagine this is how such funds actually operate. Maybe I'm not reading his argument correctly.
by Clever_Username
Fri May 18, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard anti-competitive?
Replies: 29
Views: 3447

Re: Is Vanguard anti-competitive?

From my PM, I sense a fair amount of implied malevolence due to my question here. Not sure why it is so hard to extend a sense of good faith to others that disagree with you or perhaps are just ignorant of the fact of the matter. If you actually received a PM that violates the rules of the site, pl...
by Clever_Username
Thu May 17, 2018 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property as a supplemental income strategy in retirement?
Replies: 7
Views: 1010

Re: Rental Property as a supplemental income strategy in retirement?

I'm not convinced real estate, when I pay someone else to manage it, on the scale I'd be able to own, is a good use of my time or money. I'm also not interested in buying myself a side job as landlord when there are so many other side jobs I could get if I preferred, probably that pay better and don...
by Clever_Username
Thu May 17, 2018 6:11 pm
Forum: Investing - Theory, News & General
Topic: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009
Replies: 35
Views: 4426

Re: Challenge: guess the effect of rebalancing (by interval or bands) in 2008-2009

I really don’t know but I’m subscribing to follow along. Me neither; I imagine there's some big benefit because of how far down the market went, plus there was that nice cache of 40% in bonds to rebalance from. But then again, my understanding is that rebalancing is done for risk-management purpose...
by Clever_Username
Thu May 17, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: College Textbooks
Replies: 13
Views: 952

Re: College Textbooks

My son will be heading off to college this fall and I was wondering what is the latest opinion on textbooks? I know I can find them on Amazon or other used sites for a fraction of the college book store, but are professors even using them now a days? Is this specific to the college / professors he ...
by Clever_Username
Thu May 17, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Anyone in high bracket switching to muni. Money market?
Replies: 17
Views: 2340

Re: Anyone in high bracket switching to muni. Money market?

Federal bracket 24%, close to 32%. 9.x% state (CA). Have been debating moving from money market to California muni money market. I haven't given it much thought because I keep so little in a money market. Maybe I will/should.
by Clever_Username
Wed May 16, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Etrading
Replies: 7
Views: 627

Re: Etrading

Any tips, tricks ect Tip: Don't do it with money that's important to you. Trick: do it on paper first. Write down what you would buy, when, and for how much. Same with sales. Only allow yourself to write it down when you would have purchased. After a year or two, see if you made money or didn't.
by Clever_Username
Wed May 16, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Max 401k vs opening taxable account
Replies: 4
Views: 622

Re: Max 401k vs opening taxable account

Why 15%? That seems oddly specific.

In any case, if you're saving for retirement, continue to put into your 401(k). If you're saving for another goal that you'll need the money before then, put the money in taxable, in a horizon-appropriate investment.
by Clever_Username
Wed May 16, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: somebody is using our address
Replies: 45
Views: 5243

Re: somebody is using our address

If this were happening to me, I would be particularly worried about items purchased with stolen credit cards and possibly illegal materials being shipped that I could be blamed for.
by Clever_Username
Wed May 16, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9712

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

Noob question :-) A highly respected friend of mine is an expert in macroeconomics, and warned me to stay away from stocks. He said that come October or March next year, there are likely to be big crashes. He said companies were artificially inflating their stocks. (I don't understand the detail!) ...
by Clever_Username
Wed May 16, 2018 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 2166

Re: Where to invest after maxing out retirement?

Im sorry but bonds do not make sense to me, you are not even keeping up with inflation. Is this what you intended to write? Even Vanguard's basic money market account has more or less kept up with inflation over its lifetime. Sorry I do not mean to come off like a know it all but from what I have r...
by Clever_Username
Tue May 15, 2018 10:03 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out retirement?
Replies: 21
Views: 2166

Re: Where to invest after maxing out retirement?

BlueRidgeHorizon wrote:
Tue May 15, 2018 8:19 am
Im sorry but bonds do not make sense to me, you are not even keeping up with inflation.
Is this what you intended to write? Even Vanguard's basic money market account has more or less kept up with inflation over its lifetime.