Search found 422 matches

by dziuniek
Sat Jun 16, 2018 5:47 am
Forum: Personal Consumer Issues
Topic: A vehicle that "sits up" but can't afford CRV
Replies: 63
Views: 5040

Re: A vehicle that "sits up" but can't afford CRV

New CRV-LX is $25,245 msrp with destination charge. Has the non-turbo engine, which I'd recommend. Does not have Honda Sensing safety electronics. Base Subaru Forester is $24,710 MSRP similarly equipped, no safety system. Base Toyota RAV4 is $25,705 MSRP but that includes Toyota Safety Sense safety...
by dziuniek
Sun Jun 10, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10025

Re: Why do we work?

I have a question for those willing to answer: Why do you work? I can see working for some goals such as making sure you are debt free and the kids get a college education. But then why do you work? Sure make sure we have a roof over our heads and well fed. Okay but after those are covered why do y...
by dziuniek
Sun Jun 10, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10025

Re: Why do we work?

whodidntante wrote:
Fri Jun 08, 2018 10:04 pm
Did I stumble into MMM?

"Advertising has us chasing cars and clothes, working jobs we hate so we can buy [censored] we don’t need."
Oh snap, Fight Club reference?
by dziuniek
Fri Jun 01, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Keep pension or roll over to IRA?
Replies: 14
Views: 1038

Re: Keep pension or roll over to IRA?

If that is the only pension you two will have, here's some things to think about: 1.Taxes in retirement - does your state or future retirement state tax pension income? - will the 8k throw you into the next tax bracket? 2. Income diversification - will the 8k be a substantial part of your income? - ...
by dziuniek
Sat May 19, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: "Why 97% of People Don't Use 529 College Savings Plans."
Replies: 262
Views: 48418

Re: "Why 97% of People Don't Use 529 College Savings Plans."

@JonnyDVM, It is relatively rare to have hundreds of thousands of dollars of loans for an undergraduate degree, but perhaps you meant in aggregrate. My son's college education (4 year degree) will not cost 6-figures. Whereas state school in CT is right now $14,400/year (UCONN, CCSU is similar). Thi...
by dziuniek
Sat May 19, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?
Replies: 141
Views: 20201

Re: Buffett says Bonds are a terrible investment now. What should we invest in besides stocks?

I still think bond allocation should be 100% tied to one's near term cash flow needs. if you don't have near term cash flow needs, then you don't need bonds. with bonds you are paying a price for the decreased volatility. that price is not cheap. it comes in the form of decreased expected return in...
by dziuniek
Sat May 19, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24205

Re: Lucrative careers?

Pharmacist Not an easy program or job but starting salary over $100K from day one. Edit- more like $120K The pill counters are one of the first health care professions that will be automated. The ratio of pharmacists employed per pharmacy is going to go wayyyyyyy down in the next few years. Radiolo...
by dziuniek
Thu May 10, 2018 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: How do you quantify the risk differential between 85/15 and 70/30?
Replies: 70
Views: 5922

Re: How do you quantify the risk differential between 85/15 and 70/30?

I wouldn't assume that stocks will beat bonds or the next 10 years or even 20. Didn't we just recently finish a 30year period where bonds beat stocks ? No we most certainly didn't. Stocks returned an annual return of 9.678% over the last 30 years. Please show me where bonds have averaged +9% over t...
by dziuniek
Thu May 10, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: How do you quantify the risk differential between 85/15 and 70/30?
Replies: 70
Views: 5922

Re: How do you quantify the risk differential between 85/15 and 70/30?

I wouldn't assume that stocks will beat bonds or the next 10 years or even 20.

Didn't we just recently finish a 30year period where bonds beat stocks ?
by dziuniek
Tue May 08, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: Bond Fund Point of Indifference vs. Principle Recovery
Replies: 57
Views: 4945

Re: Bond Fund Point of Indifference vs. Principle Recovery

I think a lot of Bogleheads would generally agree to take the risk on the stock side of their portfolio, at least that's what I've read so far.

This could mean:

- not holding junk bonds/ high-yield bonds

but you could interpret it as keeping a shorter duration too...

no?
by dziuniek
Wed May 02, 2018 6:26 am
Forum: Personal Consumer Issues
Topic: Keyboard key labels wearing off...
Replies: 19
Views: 1238

Re: Keyboard key labels wearing off...

I don't know what it is about the "paint" used on (computer) keyboard keys these days, but it sure wears off quickly. I've tried re-drawing the letters with a silver sharpie, but that didn't last long. Anyone have a lasting solution for this? A special kind of paint and/or some chemical to pre-trea...
by dziuniek
Tue May 01, 2018 10:21 pm
Forum: Personal Consumer Issues
Topic: Where to babymoon?
Replies: 38
Views: 3788

Re: Where to babymoon?

One vote for Bermuda, but we've been 5 times already so... yeah.
(one of those times my wife was pregnant)
by dziuniek
Sun Apr 29, 2018 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: How do you quantify the risk differential between 85/15 and 70/30?
Replies: 70
Views: 5922

Re: How do you quantify the risk differential between 85/15 and 70/30?

As a quantitative matter, how much difference would it really make if I were 70/30 instead of 85/15? This question refers to the accumulation stage, not the withdrawal stage. Conceptually 85/15 carries more risk. But how do you calculate the extent of the risk and potential reward, quantitatively, ...
by dziuniek
Thu Apr 26, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10583

Re: Wedding - financial burden on couple and attendees

SrGrumpy wrote:
Thu Apr 26, 2018 12:14 pm
mptfan wrote:
Thu Apr 26, 2018 12:10 pm
SrGrumpy wrote:
Thu Apr 26, 2018 11:38 am
Fortunately I've been to 4.5 weddings in my life.
How did you go to half a wedding?
Showed up, everything delayed, didn't know anyone. Got bored, left. It was a Sunday and I had taken time off work, at time and a half. Went back to work.
Username fits :)
by dziuniek
Thu Apr 26, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10583

Re: Wedding - financial burden on couple and attendees

I think we paid something between 40-45k for our wedding. Two big polish families, no way around that. (ok, fine, sure there are - it's a choice). A destination wedding would be infinitely cheaper. Some of our costs: Hall (dinner and alcohol) - $19,000 Photos - $5,500 Video - $1,200 Big Limo - $1,0...
by dziuniek
Thu Apr 26, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: An Article Claiming Vanguard Will Be Responsible For The Next Bear Market
Replies: 29
Views: 4752

Re: An Article Claiming Vanguard Will Be Responsible For The Next Bear Market

I don't disagree with some of the author's assertions: that many people are blindly dumping money into the market each month, that we will likely see a major correction at some point in the future, that current valuations are higher than historical averages. Even that some stocks will outperform th...
by dziuniek
Thu Apr 26, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10583

Re: Wedding - financial burden on couple and attendees

I think we paid something between 40-45k for our wedding. Two big polish families, no way around that. (ok, fine, sure there are - it's a choice). A destination wedding would be infinitely cheaper. Some of our costs: Hall (dinner and alcohol) - $19,000 Photos - $5,500 Video - $1,200 Big Limo - $1,0...
by dziuniek
Thu Apr 26, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Wedding - financial burden on couple and attendees
Replies: 168
Views: 10583

Re: Wedding - financial burden on couple and attendees

I think we paid something between 40-45k for our wedding. Two big polish families, no way around that. (ok, fine, sure there are - it's a choice). A destination wedding would be infinitely cheaper. Some of our costs: Hall (dinner and alcohol) - $19,000 Photos - $5,500 Video - $1,200 Big Limo - $1,00...
by dziuniek
Tue Apr 24, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Building a New Home (Talk me out of it!)
Replies: 61
Views: 4734

Re: Building a New Home (Talk me out of it!)

Blah.

People and their attachment to things*- ugh.
by dziuniek
Tue Apr 24, 2018 9:52 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra 50k? Still struggling.
Replies: 26
Views: 2346

Re: What to do with extra 50k? Still struggling.

[/quote] Psychologically... I would pay off the mortgage but your rate is so darn good. Even MUNIs pay more than 3% so paying off the mortgage makes no sense to me. If you're on track to pay off your mortgage before retiring/financial independence, I would start/add to taxable investing. [/quote] At...
by dziuniek
Tue Apr 24, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Fun Money
Replies: 45
Views: 3062

Re: Fun Money

Simplicity.
by dziuniek
Tue Apr 24, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Investment Class/Group at Work
Replies: 16
Views: 1303

Re: Investment Class/Group at Work

Not everyone wants to be a Boglehead. Some people will have different approaches such as using an advisor, actively managed mutual funds, stock picking, and market timing. You can start and group and see how it goes but I don't feel the need to try to convert coworkers to my views and I definitely ...
by dziuniek
Tue Apr 24, 2018 8:04 am
Forum: Investing - Theory, News & General
Topic: I’m still not a fan of international bond funds
Replies: 173
Views: 15028

Re: I’m still not a fan of international bond funds

What's with this? On this one, the second, did Vanguard lock in an interest rate of 1.5% until 2086 ? Wow. That's thinking ahead. That's... counting on fingers... 68 years from now. A lot of us will never know how that investment turned out. https://imgur.com/VnMiCmt.png You mean most if not all. :)
by dziuniek
Tue Apr 24, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra 50k? Still struggling.
Replies: 26
Views: 2346

Re: What to do with extra 50k? Still struggling.

Choices (or combination): 1. Keep it fluid in a CD. (Car, vacations, braces, etc.) 2. Pay down mortgage (3%, 10yr, 130k). 3. Put into kids' 529s (Don't want to over contribute. 55k 9yr old & 65k 11yr old. Will likely go to inexpensive state school). 4. Vanguard Tot US & INT stock funds (taxable). R...
by dziuniek
Mon Apr 23, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Building a New Home (Talk me out of it!)
Replies: 61
Views: 4734

Re: Building a New Home (Talk me out of it!)

We live in a town with mostly small lots and have a very nice house (on a small lot). Wife always dreams of having more land but wants to stay in the same town for variety of reasons (if we moved further out in the burbs we could get LOTS of land) A large (for our town) lot has come on the market o...
by dziuniek
Fri Apr 20, 2018 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 11648

Re: Quitting job - what to do if getting walked to the door

Please, by all means, escort me and pay me for 2 weeks to sit on my bum.

I think you need to look at the Brightside here :)
by dziuniek
Fri Apr 20, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4675

Re: Another discussion about private vs public schools?

As someone who also had great northeastern public schools, both for ourselves and for our kids, I'd move to the better district. Admittedly, I'm opposed to charter schools, so that would be a non-starter for me. I also think there are a lot of fairly bad private schools out there. In my area, there...
by dziuniek
Fri Apr 20, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Tax day come and gone.....
Replies: 29
Views: 3161

Re: Tax day come and gone.....

One question I would ask is whether it makes sense to hold bonds in the ROTHs as opposed to stocks. If expected return for stocks is higher, wouldn't you rather have stocks in the ROTHS as opposed to pre-tax accounts (TSP/401k?) This is not directly relevant; see Tax-adjusted asset allocation on th...
by dziuniek
Fri Apr 20, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2487

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...
by dziuniek
Thu Apr 19, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Effects of 20% Down payment over time, thoughts?
Replies: 19
Views: 2487

Re: Effects of 20% Down payment over time, thoughts?

You don't just lose the money you've put into the down payment; you have equity. There's no guarantee of that, as many people discovered in 2008-2009 and the following years. Some housing markets have still not recovered completely. If you hand the keys back to the bank or have to sell at a signifi...
by dziuniek
Thu Apr 19, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 30069

Re: How old are you and how much do you save for retirement a year

30 and 27 403b (his and hers), 457: 18k, 1k, and 14k, respectively. Roths (x 2): 11k total Total = 44k If including employee contributions to pension and the employer 403b match and defined benefit plan, then an additional 2k, 3.5k, 4k respectively. :mrgreen: Whatever is left over, I put some of it...
by dziuniek
Thu Apr 19, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6638
Views: 1433330

Re: U.S. stocks in freefall

I think people are missing the fact that the FED can't distort something it's a part of. :twisted: (more so than ever) Except that the Fed did some unprecedented things, for example, the purchase of Mortgage Instruments to help bring down mortgage rates. Historically, the Fed limited its purchases ...
by dziuniek
Wed Apr 18, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Tax day come and gone.....
Replies: 29
Views: 3161

Re: Tax day come and gone.....

One question I would ask is whether it makes sense to hold bonds in the ROTHs as opposed to stocks.

If expected return for stocks is higher, wouldn't you rather have stocks in the ROTHS as opposed to pre-tax accounts (TSP/401k?)
by dziuniek
Wed Apr 18, 2018 9:37 am
Forum: Investing - Help with Personal Investments
Topic: How to handle former employer’s retirement plan
Replies: 23
Views: 1930

Re: How to handle former employer’s retirement plan

Would rolling it into my Vanguard IRA be a wise option? Some of it, perhaps. I'm also a TIAA/Vanguard investor but with about 90% of assets on the TIAA side. I also have R3 and institutional funds, so low ERs for TIAA. Vanguard holds funds converted to Roth IRA, since TIAA has high ERs for IRAs. Va...
by dziuniek
Wed Apr 18, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 66
Views: 7165

Re: Your Monthly Cost of Living

1. $2,700 Housing - Mortgage($2,300) + Utilities($300) + Internet($56)
2. $1,200 Food - 2adults, 1 kiddo
3. $1,000 Daycare
3. $670 Transportation - 1car payment($206), insurance for 3 cars($140), gas ($320)

CT welcomes you :twisted:
by dziuniek
Wed Apr 18, 2018 9:17 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 15952

Re: Is Los Angeles a good place long term to live financially?

I always thought beautiful women were looking for a high net worth man? That why I did not go after them. Right or wrong? Probably isn't helpful to you or anyone else to generalize about women or even about beautiful women. Nothing bad is meant by it. It is just what I have seen in my lifetime. Mig...
by dziuniek
Wed Apr 18, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 198
Views: 15952

Re: Is Los Angeles a good place long term to live financially?

NYC maybe a slightly more expensive city, but you'll spend way less time commuting, you can walk to meet up with people, and if you want to buy a nice house eventually there's actually public transport that will take you out to Westchester, NJ, or Long Island where you can find decent houses in the...
by dziuniek
Wed Apr 18, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6638
Views: 1433330

Re: U.S. stocks in freefall

I think people are missing the fact that the FED can't distort something it's a part of. :twisted:
(more so than ever)
by dziuniek
Mon Apr 16, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Car Loan vs Home Mortgage
Replies: 28
Views: 2398

Re: Car Loan vs Home Mortgage

I would: 1. Stop paying extra on mortgage. 2. Take the $600 from student loand (now paid off) and extra mortgage principal and throw it at the car. You will be done in no time.... 3. Increase Emergency fund to 1 full year - you certainly have the means to do so. 4. Lastly concentrate on the mortgage...
by dziuniek
Mon Apr 16, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1993

Re: Having Child; Car Purchase maybe?

We have a '13 Outback and a '14 Camry. There really isn't much you can't fit into a camry's trunk. As long as it's something you can fold (pack-n-play, tent, stroller) - you won't have any issues. You can also explore a roof rack, but really not necessary yet still cheaper than an SUV. I would have ...
by dziuniek
Mon Apr 16, 2018 9:20 am
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 98
Views: 11938

Re: We crush stock indexes, Yale claims

gmaynardkrebs wrote:
Sun Apr 15, 2018 4:40 pm
Much of Yale's holdings are in illiquid assets that rarely trade. The valuation must involve a good deal of estimation. I wonder how reliable their reported returns and performance actually are.
As reliable as the public accounting firm looking at Yale Endowment's level 3 investments. :D
by dziuniek
Mon Apr 16, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: 2017 Yale Endowment Report
Replies: 13
Views: 1076

Re: 2017 Yale Endowment Report

It certainly makes me look smart every time I look at endowment returns.

I've beat Yale/Swenson more than once! :twisted:
by dziuniek
Fri Apr 13, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 6264

Re: How do I make sure IRS receives my manual tax return ?

I do it early enough so that the IRS/State has plenty of time to either cash my payment or my return(s) arrive(s) in the checking account.

Simple as that.
by dziuniek
Fri Apr 13, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Credit Score and Installment Loans
Replies: 2
Views: 235

Re: Credit Score and Installment Loans

I have a very good credit score, and it would be higher if I had recent installment loans. We financed new phones a couple of months ago (0% interest). Do credit bureaus consider that an installment loan? Do you need a higher score? Is it under 700? If not, I doubt there's a need for a higher score...
by dziuniek
Fri Apr 13, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it still worth buying a house in a state with insane property taxes
Replies: 106
Views: 12657

Re: Is it still worth buying a house in a state with insane property taxes

The title kind of says it all. I currently rent from family in Illinois who I help take care of. The taxes here seem so out of control and insane that it seems to me as not to be worth it to purchase a home here. Taxes on even a modest home can be $10k per year in addition to mortgage interest, mai...
by dziuniek
Fri Apr 13, 2018 9:57 am
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 154
Views: 9530

Re: Why are expected returns so much lower than historical returns?

I don't think you have a problem if you over-save. (It's a good problem to have) Yes, you could've spent more time with your kids - you can't get that back. That being said, you can retire early once you hit your number. You can spend a lot of time with your grandkids! Yes, you can do more when you'...
by dziuniek
Thu Apr 12, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Investing outside of retirement accounts
Replies: 12
Views: 1051

Re: Investing outside of retirement accounts

Why not ETFs? - better on your taxes.
by dziuniek
Wed Apr 11, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Repayment Plan
Replies: 41
Views: 1746

Re: Student Loan Repayment Plan

A co-worker of mine from my public accounting days had a 10-year repayment plan with a $2000/month payment. Private school and a low salary does not mix kids... I remember she got married at 24 to a restaurant owner who was 10 years older. I hope it wasn't because she needed help with the payments.....
by dziuniek
Mon Apr 09, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Parents have zero savings. What can I do?
Replies: 168
Views: 15300

Re: Parents have zero savings. What can I do?

Think of it this way - if you were stranded in a lifeboat with your wife and your mother, which one would you toss overboard when you start to run out of food and water? Your wife, of course. You can always get another wife, but you can't get another mother. This is a very old analogy, but, if you ...