Search found 518 matches

by dziuniek
Sat Jan 12, 2019 6:39 am
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 90
Views: 10255

Re: Millionaire by 40 and How you Did it?

My parents bought computers when they were unheard of. Apple II for the family business accounting. TI-99 and Commodore VIC-20 for me and my brother. I loved them and wanted to make them do my bidding. I dove into it all through elementary, middle and highschool. I dropped out of HS at 17 because i...
by dziuniek
Fri Jan 11, 2019 7:42 pm
Forum: Personal Consumer Issues
Topic: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?
Replies: 82
Views: 5542

Re: Anyone raised 3 kids WITHOUT buying a 3-row vehicle?

Didn't the Oldsmobile Vista Cruiser sit 6 with 2 rows only? :twisted:
by dziuniek
Fri Jan 11, 2019 7:39 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 580
Views: 69775

Re: Post your Financial Milestone Announcements Here

Moneta wrote:
Fri Jan 11, 2019 7:18 pm
I just paid off my student loans today! It's been almost 15 years, and I'm finally free!

And I'm going to max out my 2019 Roth IRA all in January, freeing up cash flow over the next 11 months!
Nice! We're 70% done w/ student loans here. 2 years to go!
by dziuniek
Fri Jan 11, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3690

Re: Company relocating and not interested - next steps ?

It's also possible that at your age you won't be able to find a job. Period. Ageism and all that. Even more so if you ride it out for 2 years, assuming that's what happens. So look for a job now or ride it out and collect unemployment later, knowing that you might not have another job. So if you thi...
by dziuniek
Mon Jan 07, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Best town I've never heard of [for relocating]
Replies: 137
Views: 20421

Re: Best town I've never heard of [for relocating]

You are absolutely right. Consider those towns in Connecticut where the *median* income is $300k pa. You can live there, but on $200k a year you are going to struggle to afford a nice house. Tradeoffs. London is a bit similar, with an average house price of around £450k ($750k say). Oh c'mon. Most ...
by dziuniek
Mon Jan 07, 2019 8:52 am
Forum: Personal Consumer Issues
Topic: Best town I've never heard of [for relocating]
Replies: 137
Views: 20421

Re: Best town I've never heard of [for relocating]

Two phrases that have always rung true to me: 1. Life is full of little compromises. 2. You can't always get what you want, but if you try...you might get what you need (paraphrased, but with full credit to Mick Jagger). Perfect climate, great schools, near a city, airport, not too expensive? OP di...
by dziuniek
Sun Jan 06, 2019 11:31 pm
Forum: Personal Consumer Issues
Topic: Best town I've never heard of [for relocating]
Replies: 137
Views: 20421

Re: Best town I've never heard of [for relocating]

Two phrases that have always rung true to me: 1. Life is full of little compromises. 2. You can't always get what you want, but if you try...you might get what you need (paraphrased, but with full credit to Mick Jagger). Perfect climate, great schools, near a city, airport, not too expensive? OP di...
by dziuniek
Sun Jan 06, 2019 6:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Managed Payout Fund significantly overweights international stocks
Replies: 13
Views: 1128

Re: Vanguard Managed Payout Fund significantly overweights international stocks

Higher dividend yield? Foreign stocks do have higher dividend yields. When I calculated yields a couple months ago based upon actual payouts, international funds were around 3% compared to 2% yield for US stocks funds. I still am amazed that they are that heavy on international. And I thought I was...
by dziuniek
Fri Jan 04, 2019 10:36 pm
Forum: Investing - Theory, News & General
Topic: Modeling "withdrawing just income generated"
Replies: 30
Views: 2379

Re: Modeling "withdrawing just income generated"

Search for SIMBA BACKTESTING SPREADSHEET - there's a new, new version which has a lot of what you're looking for - historical data. You can see the return of different asset classes using any asset mix you want. Run it for US stocks, Intl stocks, as well as bonds. This is probably the most helpful t...
by dziuniek
Fri Jan 04, 2019 10:32 pm
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 234
Views: 29032

Re: Social Security for Millennials

Well, I'm planning on receiving the full SS amount. By the time millennials are that age, they will probably be the biggest voter generation. Want your SS? Vote accordingly. That's really it. That being said, plan for the worst, hope for the best. If all goes well, SS will be but a speck in our ret...
by dziuniek
Fri Jan 04, 2019 6:48 pm
Forum: Investing - Theory, News & General
Topic: Modeling "withdrawing just income generated"
Replies: 30
Views: 2379

Re: Modeling "withdrawing just income generated"

Are you basically asking what your portfolio will be if you take the dividends and coupon payments out, say annually, and let the shares appreciate without selling any? If so, dividends have been somewhere close to half of the total stock return. So HALF, for the stock part, is as good of an answer ...
by dziuniek
Fri Jan 04, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 234
Views: 29032

Re: Social Security for Millennials

Well, I'm planning on receiving the full SS amount. By the time millennials are that age, they will probably be the biggest voter generation. Want your SS? Vote accordingly. That's really it. That being said, plan for the worst, hope for the best. If all goes well, SS will be but a speck in our reti...
by dziuniek
Wed Jan 02, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question – Tuition Reimbursement for 2018
Replies: 1
Views: 161

Tax Question – Tuition Reimbursement for 2018

My employer is reimbursing me for some MBA classes. The employer will reimburse it to the tune of 75%. I work for the state which is notoriously late with reimbursements, hence it didn’t arrive before the end of 2018. For tax purposes, since I paid out of pocket as of now, do I claim the deduction o...
by dziuniek
Wed Jan 02, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: Any reason for optimism?
Replies: 81
Views: 3068

Re: Any reason for optimism?

Still alive so that's kind of more awesome than not.
by dziuniek
Tue Jan 01, 2019 10:22 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19522

Re: Favorite Purchase of 2018?

Vinyl Fence for the backyard.
Darn things are expensive :D
by dziuniek
Tue Jan 01, 2019 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 903
Views: 233006

Re: Share your net worth progression

Checking in for the annual update: This looked a lot better at the end of September, but oh well :) NW up 24% YOY, Investments up 12% YOY. (due to contributions) Age Year Net-Worth 26 2011 -20k 27 2012 -10k 28 2013 -40k 29 2014 -15k 30 2015 26.5k 31 2016 94k 32 2017 147.5k 33 2018 182.5k
by dziuniek
Tue Jan 01, 2019 6:58 am
Forum: Investing - Theory, News & General
Topic: Odds on next trade are 50-50 Bernstein: Against the Gods
Replies: 32
Views: 2831

Re: Odds on next trade are 50-50 Bernstein: Against the Gods

I know some finance professors personally, and none believe in the random walk hypothesis; the momentum factor is too big to ignore. And none believe that the EMH is strictly accurate in any market either for that matter. The term "professor" carries no weight at all. Most of the time someone is a ...
by dziuniek
Mon Dec 31, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

Hi, We spend probably around (guesstimating here) $50k/year thru CCs. Even at this level, it mostly makes sense to sign up for new cards to get the sign-up bonus. For Marriott - we got the SPG card which had a 70k points sign up bonus. Just used most of that up in Manhattan a month ago. (2night in A...
by dziuniek
Mon Dec 31, 2018 9:16 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 13609

Re: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]

Does it really matter? The market takes you from 50/50 to 40/60. But next year it takes you back to 50/50 and you did nothing. You could rebalance and get there or you can just ride the market. Will it matter in the end? So you went to conservative to moderate by doing nothing. Are we able to prove...
by dziuniek
Fri Dec 21, 2018 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Should I redirect new 401k to Stable Value in light of current trends?
Replies: 16
Views: 1146

Re: Should I redirect new 401k to Stable Value in light of current trends?

32 yo, horizon around 25+ years for retirement. thanks i guess will just stick to my AA. You've got a long time to go, so your AA is probably good. Then again, if you're freaking out now then maybe you need to change it permanently. I'm 33 with a 70/30 allocation. I do use the stable value fund in ...
by dziuniek
Tue Dec 18, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett suggests you read this 19th century poem when the market is tanking"
Replies: 28
Views: 3945

Re: "Warren Buffett suggests you read this 19th century poem when the market is tanking"

MJW wrote:
Mon Dec 17, 2018 8:40 pm
In 1928, it was: "You know it's time to sell when shoeshine boys give you stock tips."

In 2019, it will be "I should have known to get out when people were reciting poetry"
or... 'I should have known to get out when people were posting screenshots of their 401ks on Facebook'...
by dziuniek
Fri Dec 14, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Which asset class is down the most for you?
Replies: 26
Views: 2293

Re: Which asset class is down the most for you?

TIAA CREF International. Boohoo :/
-11% or so?
by dziuniek
Wed Dec 12, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: What Happened to you during the Financial crisis of 2007–2008
Replies: 249
Views: 20334

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

I was 24 in 2008, two years of 401k and Roth contributions. All money in target 2050. I started maxing my 401k around 2008. Survived 7 layoffs at megacorp. I lost $1500 when I exchanged an abismal Chinese mutual fund for a us s&p fund. My 401k and Roth have a combined 600k now after just 13 years o...
by dziuniek
Mon Dec 10, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Switching Jobs - Pension/401K/PTO Balance Payouts & Uncovered Medical
Replies: 9
Views: 510

Re: Switching Jobs - Pension/401K/PTO Balance Payouts

~ IRA rollovers (atleast at vanguard) are super easy. Start the application online or give them a ring.
~ I read a study? somewhere that said 2/3 of the time, lump sum works. So put the money in as soon as you have it. Especially since 6k+6k won't be a lot in your overall picture fairly quickly.
by dziuniek
Mon Dec 10, 2018 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Switching Jobs - Pension/401K/PTO Balance Payouts & Uncovered Medical
Replies: 9
Views: 510

Re: Switching Jobs - Pension/401K/PTO Balance Payouts

I've formally accepted a new job after 10+ years at my current company. There are a few things that will happen that I need some guidance on: 1. I've had a pension with the current job. By the time I leave, it will have $32K in it. Do I pull as lump-sum or just leave it? Growth is average yield on ...
by dziuniek
Tue Dec 04, 2018 9:14 am
Forum: Personal Consumer Issues
Topic: Retired in your late 40s or early 50s?
Replies: 87
Views: 14398

Re: Retired in your late 40s or early 50s?

I turned 50 this year and my calculations show that I could retire. I also have a 14 year old bundle of hormones that is inhabiting a bedroom in our house. When I brought up the possibility of removing the noose around my neck for a life of leisure my wife gave me one of her classic ‘are you crazy’...
by dziuniek
Mon Dec 03, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Do you get a year end bonus?
Replies: 78
Views: 5302

Re: Do you get a year end bonus?

Not me, but wife.

It's 3% this year. She is a pharmacist.
by dziuniek
Thu Nov 29, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7543

Re: Employeer taking vacation days on public holidays - is this legal or normal?

I believe this is fairly normal in the healthcare field.

My wife's previous hospital did not do this but she had 3 weeks off only.

Her current one is way more, but the holidays come out of the PTO bank. The net result is close to a wash.
by dziuniek
Thu Nov 22, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15222

Re: Black Friday 2018

Any good deals on a tv stand anyone..... ?
by dziuniek
Thu Nov 22, 2018 8:43 pm
Forum: Personal Consumer Issues
Topic: Black Friday 2018
Replies: 123
Views: 15222

Re: Black Friday 2018

Bought a 70 inch flatscreen for 699+tax. Can't complain! (bestbuy)

It's an LG, the 42inch we have is on it's 9th year now...
by dziuniek
Thu Nov 15, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: How to deposit cash in online account with no local branch
Replies: 45
Views: 4763

Re: How to deposit cash in online account with no local branch

Seems complicated.

If it's just several hundred... spend it?

Groceries... that's several hundred for most of us per month?
by dziuniek
Sun Nov 11, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Permanent Portfolio - Interested in Bogleheads thoughts
Replies: 13
Views: 1728

Re: Permanent Portfolio - Interested in Bogleheads thoughts

Gold had a very good run in the 1970s, and it's not done well since 2012. Behavior in the 1970s was probably significantly driven by one-time events relating to the collapse of the Bretton Woods system. Getting over 4.5% above inflation from gold over 1972-2012 is probably something of an anomaly. ...
by dziuniek
Thu Nov 08, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 116738

Re: High Earners - What's Your Profession?

Senior finance executive public company. Also I would not consider a cutoff of $100K a high earner. I’d be thinking more along the lines of north of mid six figures. At that level you are well beyond making ends meet with the opportunity to save a considerable amount and doing something different (...
by dziuniek
Wed Nov 07, 2018 9:04 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 116738

Re: High Earners - What's Your Profession?

Senior finance executive public company. Also I would not consider a cutoff of $100K a high earner. I’d be thinking more along the lines of north of mid six figures. At that level you are well beyond making ends meet with the opportunity to save a considerable amount and doing something different (...
by dziuniek
Tue Nov 06, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 116738

Re: High Earners - What's Your Profession?

Combined Household Income for 2019: (assuming we keep our jobs) Medium to High cost of living area. (CT) Dunno if this is high earners for my area, I doubt it. Welp :annoyed :confused Pharmacy Supervisor FT: $124,500 + $3,000-$5,000 bonus & Staff Pharmacist Per Diem : $5,500 B.S. Pharmacy + Pharm D....
by dziuniek
Tue Nov 06, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Lock mortgage rate at 5%?
Replies: 34
Views: 3825

Re: Lock mortgage rate at 5%?

There rates have been really creeping up, I would lock. Guess I'm risk averse.

My 4.00% from last Fall doesn't look that bad anymore :)
by dziuniek
Tue Nov 06, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Do older 4x4 vehicles hold higher salvage value?
Replies: 14
Views: 1252

Re: Do older 4x4 vehicles hold higher salvage value?

I guess you would have to compare it to the same car but RWD or FWD only?

4x4 would cost more to being with, but I guess it might have more utility?
by dziuniek
Mon Nov 05, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Post FiRE job...teaching??
Replies: 33
Views: 4007

Re: Post FiRE job...teaching??

The CC env't is quite different from teaching at a 4-year state university or private college. 4 year colleges tend to have student bodies comprised of fairly uniform students in terms of age, ability, educational background, familial financial stability, etc. The community college population is to...
by dziuniek
Sat Nov 03, 2018 9:44 am
Forum: Personal Consumer Issues
Topic: Which Prius or something else?
Replies: 25
Views: 1641

Re: Which Prius or something else?

Hmm... what about a Corolla?

That should alleviate most of what's been mentioned in the thread.

It's still very good MPG so check out the data (if available) on production effect of both of these on the environment. They might come up close is my guess.
by dziuniek
Sat Nov 03, 2018 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Shouldn’t I Diversify My Income Sources?
Replies: 9
Views: 956

Re: Shouldn’t I Diversify My Income Sources?

I guess it would depend on the size of your portfolio. If for example you own a primary residence which costs $300k and your portfolio is $1,000,000 you already have a ton of money in real estate, do you really need more. It's mental accounting, but your house pays or rather reduces your housing exp...
by dziuniek
Sat Nov 03, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Help a new guy!
Replies: 21
Views: 1722

Re: Help a new guy!

At the current account value, you don't have to be that* concerned about your asset mix aka asset allocation.

A target date fund would be a decent choice here should you want that.

Additionally, you could sell the fund and buy ETFs.

VTI, VEU, BND should be pretty good choices. 3-fund. Done.
by dziuniek
Sat Nov 03, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9486

Re: no dividends in index funds!

In the end, you're switching from broader diversification and passive investing into a higher cost, actively managed fund. Everything else is mental accounting. Not that it's a bad way to go, but it certainly isn't the most optimal way to go. I've read in the past that dividends accounted for 40 to ...
by dziuniek
Sat Nov 03, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Should I keep the Mazda or the Lexus?
Replies: 10
Views: 1127

Re: Should I keep the Mazda or the Lexus?

I would pocket the cash...

You've got a nice difference there. You could sell both and you've almost got the money for a new car... (you said you wanted a new one)
by dziuniek
Sat Nov 03, 2018 6:42 am
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 7268

Re: 2019 Retirement Contribution Limits Announced

And I finally thought I was going to max my 457b next year.

Schucks... :twisted:
by dziuniek
Sat Nov 03, 2018 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5995

Re: Where should I be financially at 39?

I just wanted to add one thing. We can all play the what if game. If I started at 25, I would be 50% of the way to financial independence by now (at 33). Hindsight is 20/20 and we did have a heck of a bull market for the last decade. If I invested in Amazon... Tesla... etc... You can only make choic...
by dziuniek
Thu Nov 01, 2018 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5995

Re: Where should I be financially at 39?

And if you make 80 but live on 40? You still need 960 - 960 is exactly 24x expenses. But you don’t need 960 in personal savings, rather it’s the savings pool that includes social security and any other income. Not saying OP should stop if/when they get to 960k, I’d keep going as a buffer is a good ...
by dziuniek
Wed Oct 31, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5995

Re: Where should I be financially at 39?

Step 1... Don't freak out. You will find there's plenty of people that started even later than you two. Starting at 39, you have quite a way to retirement age and plenty of time to do it. What's important is that even if you don't get to your goal - you will be much further ahead than you are now. A...
by dziuniek
Wed Oct 31, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Highlander or Murano 2018 ..
Replies: 36
Views: 2409

Re: Highlander or Murano 2018 ..

I understand the Highlander may have higher resale and reliability but $2400 is a lot of money to make up. Also, the Highlander is a 2013 model to be redesigned in less than a year for the 2020 model, I'm more inclined to choose the Murano so I'm not driving an old car in 1 year. Look at used Muran...