Search found 1122 matches

by Iorek
Fri May 22, 2020 10:50 am
Forum: Personal Investments
Topic: Can retirement be this simple?
Replies: 31
Views: 4306

Re: Can retirement be this simple?

I am not the OP but after I contribute to my 401k I buy i-bonds (and sometimes ee bonds) with extra savings. Been doing that about 20 years and it adds up— I probably have a couple years worth of expenses more or less in savings bonds now.
by Iorek
Wed May 13, 2020 11:13 pm
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 119
Views: 17189

Re: New era for TSP "I" Fund?

For me supplementing to get EM is too much trouble/volatility.

Also I have opinions on using federal employee benefits to score political points that I can’t express here.
by Iorek
Mon May 11, 2020 7:45 am
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 436
Views: 75046

Re: Good Modern Science Fiction

Doomsday Book by Connie Willis. It won both the Hugo and the Nebula awards for best novel back in the '90s. Essentially a story set in a future Britain with time travel and in medieval Britain in plague times. Well crafted, but overwritten in parts, especially early on over language communications....
by Iorek
Sun May 10, 2020 1:26 pm
Forum: Investing - Theory, News & General
Topic: The Goal based Asset Allocation Ratio (non-age based)
Replies: 35
Views: 1743

Re: The Goal based Asset Allocation Ratio (non-age based)

Just a quick response to address the issue of target amount or income raised by some. Those are already part of the prep work. I did not include those steps because neither do you include them when speaking of AA using age in bonds or any variation of that. You have to do that independently before ...
by Iorek
Sun May 10, 2020 7:19 am
Forum: Investing - Theory, News & General
Topic: The Goal based Asset Allocation Ratio (non-age based)
Replies: 35
Views: 1743

Re: The Goal based Asset Allocation Ratio (non-age based)

This thread is a big reason I changed to target date funds... If you thought learning about asset allocations was complicated, wait till you have to figure out how to change it over time!!! This all sounds complicated. I just happen to be reading Misbehaving by Thaler right now, so when I clicked o...
by Iorek
Sat May 09, 2020 8:42 am
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 119
Views: 17189

Re: New era for TSP "I" Fund?

Think it will be interesting to see if the current board will try/can finish implementation of the new I fund.
by Iorek
Tue May 05, 2020 7:16 am
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6277

Re: Best [BBQ grill] for the money?

We have a Weber Genesis that is 19 years old and working great. We’ve replaced several parts (the intake valve, flavorizer bars, grates) but that has been easy and cheap. We replaced the vinyl cover a couple of times before reading somewhere that a cover is unnecessary — curious what others do (we a...
by Iorek
Tue May 05, 2020 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Taking a pay cut to get off work earlier?
Replies: 30
Views: 1647

Re: Taking a pay cut to get off work earlier?

I did something similar— took a job paying about 25% less because it was just a 9-5 job with about 25% less hours. As long as it doesn’t leave you strapped/stressed about money I think it’s a great decision.
by Iorek
Sun May 03, 2020 3:57 pm
Forum: Personal Consumer Issues
Topic: Best Protective Case For IPad 7 - FOUND!
Replies: 15
Views: 516

Re: Best Protective Case For IPad 7th generation 10.2"

We got a keyboard case— when you want to type or skype/zoom it’s really handy but I do find myself sometimes popping the ipad out to just use on my lap or flat on the table. I think we got one of the ones recc’d by wirecutter— https://www.google.com/amp/s/thewirecutter.com/reviews/the-best-ipad-keyb...
by Iorek
Thu Apr 30, 2020 10:11 am
Forum: Investing - Theory, News & General
Topic: I Bonds are a screaming buy - Tipswatch
Replies: 138
Views: 21602

Re: I Bonds are a screaming buy - Tipswatch

I have prepared $10k to buy I Bonds but changed my mind. My logic is as follows: - Let's say I Bonds will provide me with 2% advantage over CDs. 2% of $10k is $200/year. This is a relatively minor amount, it's less than the cost of taking a class. - On the other hand, during COVID-19, there could b...
by Iorek
Thu Apr 30, 2020 4:17 am
Forum: Investing - Theory, News & General
Topic: AAAU in a Roth IRA
Replies: 4
Views: 252

Re: AAAU in a Roth IRA

It’s saying they haven’t asked anyone, even their own lawyers, whether you can.

I would think the most likely reason for that is they expect the answer is you can’t but possibly It’s bcs they really don’t care.
by Iorek
Tue Apr 28, 2020 7:27 am
Forum: Personal Investments
Topic: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement
Replies: 27
Views: 1909

Re: WHAT TO DO for family of 5, tiny house, extra $: Mortage payoff vs. 529 vs. taxable retirement

I would probably put $40k per child into 529s— I think that’s unlikely to over-fund them and it’s a great feeling to have money set aside for college. I would probably also start putting $20k/year into i-bonds for a few years— supersafe, liquid (after the first year), tax-deferred, better interest t...
by Iorek
Thu Apr 23, 2020 8:27 pm
Forum: Personal Investments
Topic: Leaning towards EE Bond Purchase...
Replies: 36
Views: 2055

Re: Leaning towards EE Bond Purchase...

I like ibonds as part of my e-fund because they have many of the same advantages without needing to hold them for 20 years to get the rate bump, but if held for 20 years the ee bonds may beat them on rate.
by Iorek
Fri Apr 10, 2020 3:29 pm
Forum: Personal Investments
Topic: Buying & Selling Within the TSP?
Replies: 1
Views: 153

Re: Buying & Selling Within the TSP?

Trades you submit before noon get the closing price for that day, later trades get tomorrow’s closing.
by Iorek
Mon Apr 06, 2020 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: How have Donor Advised Funds held up so far?
Replies: 26
Views: 1224

Re: How have Donor Advised Funds held up so far?

We use our donor advised fund as a way to re-balance. We made two very large contributions to our DAF on 11/26/19 and 12/16/19, which totaled 30% of our projected adjusted gross income of 2019. We used shares purchased during the 2008-2009 meltdown when tax-loss harvesting (Vanguard Large Cap stock...
by Iorek
Mon Apr 06, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: How have Donor Advised Funds held up so far?
Replies: 26
Views: 1224

Re: How have Donor Advised Funds held up so far?

Mine is in a balanced fund so I assume it has lost some value but it’s not obvious to me because I have also been recommending grants. The securities I transferred over were I think 100% stocks so I expect the total available is higher than it would have been if I hadn’t funded the DAF (but lower th...
by Iorek
Sun Apr 05, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: Cruise cancelled [take refund or future credit?]
Replies: 51
Views: 2682

Re: Cruise cancelled [take refund or future credit?]

Take the refund now. Odds are you could probably get the same cruise later on at a significant discount. I'd agree with this, fares will be discounted for a few years after it is safe to travel again. First you don't know when it will be safe to travel. Second if your criteria for safe travel is yo...
by Iorek
Sat Apr 04, 2020 5:30 pm
Forum: Investing - Theory, News & General
Topic: Why does market keep rallying at end of day?
Replies: 28
Views: 3083

Re: Why does market keep rallying at end of day?

There was a WSJ article on how much trading occurs in the last 30 minutes these days— although they suggested it might lead to either last minute ups or downs. https://www.google.com/amp/s/www.wsj.com/amp/articles/the-30-minutes-that-can-make-or-break-the-trading-day-11583886131 Interestingly one su...
by Iorek
Tue Mar 24, 2020 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Options for Low Interest Rate No-Cost Refi
Replies: 6
Views: 529

Re: Options for Low Interest Rate No-Cost Refi

Amerisave always had the best rate on no cost refis for us
by Iorek
Mon Mar 23, 2020 11:08 pm
Forum: Personal Consumer Issues
Topic: College, pick rank #5 for 34k or #24 for 16k
Replies: 20
Views: 2031

Re: College, pick rank #5 for 34k or #24 for 16k

How is college (and grad school) being financed/what else would you do with the money? Someone planning to go to grad school might do well to save money for grad school. OTOH, “fit” can be important too— if she sees herself thriving one place a lot more than the other and the tuition is not a hardsh...
by Iorek
Mon Mar 23, 2020 6:33 am
Forum: Personal Investments
Topic: How should we store 1-1.5 year emergency fund?
Replies: 11
Views: 1545

Re: How should we store 1-1.5 year emergency fund?

I like to put longer term e-fund money into i-bonds (only downside is can’t cash in for the first year so when setting it I slowly add money so I’m not caught short).

I used to ladder 5 year CDs but interest rates got so low I just switched to online savings at Ally plus i-bonds.
by Iorek
Fri Mar 20, 2020 10:03 pm
Forum: Investing - Theory, News & General
Topic: Bear Markets Offer A Great Opportunity
Replies: 12
Views: 1910

Re: Bear Markets Offer A Great Opportunity

Thanks Taylor!! I admit when I saw the topic headline I thought this would be another 25 year old who has never been through a recession or bear market as an investing adult gleeful at buying stocks “on sale” but instead it was hard-earned experience and wisdom from someone who has navigated 8 (!) b...
by Iorek
Fri Mar 20, 2020 7:10 pm
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 519
Views: 54403

Re: I don't understand the case for EE bonds

Curious if others— who buy savings bonds— have reconsidered between ee and i-bonds lately. The case between them is so different that I think it's hard to compare them objectively. Why not do some of both for diversification? I started buying EE bonds 10 years ago when "everyone knew that interest ...
by Iorek
Fri Mar 20, 2020 12:48 pm
Forum: Personal Investments
Topic: I made a big 529 investment Feb. 13. Stay the course or tax-loss harvest?
Replies: 10
Views: 1057

Re: I made a big 529 investment Feb. 13. Stay the course or tax-loss harvest?

I think you would subject to a 10% penalty if you withdraw to realize the loss, wouldn’t you?
by Iorek
Fri Mar 20, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 519
Views: 54403

Re: I don't understand the case for EE bonds

I am wondering if it’s worth revisiting this discussion in light of covid-19 and it’s possible long-term effects on the economy. Note I am someone who is 10 years -/+ from retirement and mostly invests through employer-sponsored retirement but also saves an addition $1000 a month currently split bet...
by Iorek
Tue Mar 10, 2020 8:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's Take On This Global Bear Market
Replies: 59
Views: 6163

Re: Vanguard's Take On This Global Bear Market

Thanks Taylor, and best wishes!
by Iorek
Tue Mar 10, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! Trying to determine savings with a 15 year refinance
Replies: 12
Views: 974

Re: HELP! Trying to determine savings with a 15 year refinance

If a lender is giving a credit against closing costs I would guess that counts as a “negative point” and included in APR.

In the end if you use the stated interest rate and closing costs on the mortgage professor website you should be able to get a good comparison of your options
by Iorek
Tue Mar 10, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! Trying to determine savings with a 15 year refinance
Replies: 12
Views: 974

Re: HELP! Trying to determine savings with a 15 year refinance

APR is meant to be a convenient way to inform consumers of the total lending costs and compare loans between lenders with varying terms but if you don’t need that information you can feel free to disregard it. What would cause a quoted APR to be different than a calculated APR? Are you being charge...
by Iorek
Tue Mar 10, 2020 10:35 am
Forum: Personal Finance (Not Investing)
Topic: HELP! Trying to determine savings with a 15 year refinance
Replies: 12
Views: 974

Re: HELP! Trying to determine savings with a 15 year refinance

APR is meant to be a convenient way to inform consumers of the total lending costs and compare loans between lenders with varying terms but if you don’t need that information you can feel free to disregard it.
by Iorek
Mon Mar 09, 2020 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! Trying to determine savings with a 15 year refinance
Replies: 12
Views: 974

Re: HELP! Trying to determine savings with a 15 year refinance

Sorry tl:dr but the absolute best calculators I have found for looking at whether to refinance (or which mortgage to get) are on the mortgage professor’s website

https://www.mtgprofessor.com/calculators.htm
by Iorek
Mon Mar 09, 2020 11:47 am
Forum: Personal Investments
Topic: Who are getting excited with the plummeting market?
Replies: 100
Views: 10031

Re: Who are getting excited with the plummeting market?

I am neither especially excited or concerned, but I think everyone should be careful about making posts that don't seem to recognize how close almost everyone is to potentially suffering from major downturns. +1. The attitude of “we should hope for a recession so we can buy stocks on sale” always s...
by Iorek
Sat Mar 07, 2020 8:30 am
Forum: Personal Investments
Topic: Shifting bonds from taxable to Roth—is this a good idea?
Replies: 16
Views: 1135

Re: Shifting bonds from taxable to Roth—is this a good idea?

I mostly do tax deferred for bonds (i-bonds and 401k) with a little in a Roth target retirement.

But looked at another way I more or less mirror my asset allocation across taxable/Roth/tax-deferred.
by Iorek
Tue Feb 18, 2020 9:29 pm
Forum: Investing - Theory, News & General
Topic: REIT's and Rick Ferri
Replies: 86
Views: 14742

Re: REIT's and Rick Ferri

Sticking with your reasonable plan matters far more than what that plan is. This should be stickied or even put on a t-shirt. Good luck. Username checks out. Seriously I too agree, and this is why I think lifecycle funds should get more love on this board but I recognize each of us had our own part...
by Iorek
Sun Feb 09, 2020 10:00 am
Forum: Personal Investments
Topic: Roth Conversion Dilemma
Replies: 6
Views: 599

Re: Roth Conversion Dilemma

I don’t understand— why would you have any problems recreating your desired asset allocation without selling your taxable account assets? In any case this doesn’t seem that different from the question that faces many people— is it worth taking the tax hit now to get more into a Roth. My usual answer...
by Iorek
Wed Jan 22, 2020 11:01 pm
Forum: Personal Consumer Issues
Topic: Does the GFE for a refinance need to be 100% correct?
Replies: 5
Views: 493

Re: Does the GFE for a refinance need to be 100% correct?

I think there was a reform in the last few years where they can get in trouble if costs are higher on the HUD-1 closing statement than on the GFE. The result IME is that the closing agents overestimate everything on the GFE-- for example mine used to show 29 or 30 days of per diem interest no matter...
by Iorek
Wed Jan 22, 2020 8:43 pm
Forum: Personal Investments
Topic: Is ibond always better than taxable?
Replies: 42
Views: 2725

Re: Is ibond always better than taxable?

Count me as someone who doesn’t understand why, when OP says, (approximately) “for someone investing in CDs or bonds in taxable do i-bonds make sense” a bunch of people respond with suggestions to change the asset allocation to stocks. Personally I buy i-bonds because I think the combination of tax ...
by Iorek
Sat Jan 18, 2020 9:47 am
Forum: Personal Consumer Issues
Topic: How to buy business class tickets?
Replies: 42
Views: 6104

Re: How to buy business class tickets?

You might want to look over on flyertalk— they have a forum on premium fare deals, and sometimes there are threads with similar questions elsewhere on the site.
by Iorek
Tue Jan 14, 2020 9:10 pm
Forum: Personal Investments
Topic: Investing in M1... yay/nay?
Replies: 14
Views: 1496

Re: Investing in M1... yay/nay?

I was torn being trying to understand how you invest in money supply and if it would be a good idea if you could.
by Iorek
Wed Jan 01, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab losing their edge?
Replies: 14
Views: 2033

Re: Charles Schwab losing their edge?

Decades-long Schwab fan here... for our brokerage, IRA's, checking/debit/VISA... but I'm getting leery now given the upcoming mega Ameritrade integration. These past few weeks have seen some alarming Schwab.com snafu's including incorrect daily account valuations, confusing or missing dividend dist...
by Iorek
Mon Dec 30, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: WiFi Water Leak Detector Recommendations
Replies: 17
Views: 1512

Re: WiFi Water Leak Detector Recommendations

Are these products all intended to detect water on the floor?

Has anyone investigated or purchased the kind that detects leaks (and can shutoff the flow) based on water usage?
by Iorek
Sun Dec 29, 2019 5:31 pm
Forum: Personal Investments
Topic: Investment Priorities w/ No Debt and Max'd Out Retirement Accts
Replies: 12
Views: 1015

Re: Investment Priorities w/ No Debt and Max'd Out Retirement Accts

Personally I would do the 529, start buying up to $20k of i-bonds, and then taxable mutual funds.
by Iorek
Sun Dec 29, 2019 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Turbotax 2019 on Amazon
Replies: 347
Views: 37443

Re: Turbotax 2019 on Amazon

It's amazing how many people think they need to get Turbotax Premier when Deluxe has everything they need - Intuits misleading advertising causes the confusion that some people must use premier https://ttlc.intuit.com/community/taxes/discussion/exactly-which-forms-are-included-in-turbotax-deluxe-an...
by Iorek
Sun Dec 29, 2019 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Wills/Trusts/Estates: Need Help Getting Started
Replies: 12
Views: 1291

Re: Wills/Trusts/Estates: Need Help Getting Started

I do recommend to people that they read willmaker even if they plan to use a lawyer because it’s a great way to get educated on the issues, be an informed consumer and make your time with the lawyer more useful (and it’s a great way to get a will in place to cover you while you get around to finding...
by Iorek
Fri Dec 27, 2019 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Wills/Trusts/Estates: Need Help Getting Started
Replies: 12
Views: 1291

Re: Wills/Trusts/Estates: Need Help Getting Started

OP, I think you will find that Willmaker will work for you.... https://www.nolo.com/lander/willmaker *Not legal advice but it’s what we used... WoodSpinner Willmaker is certainly enforceable (assuming you ensure you have current/updated software and carefully follow their instructions). I would rec...
by Iorek
Wed Dec 25, 2019 10:15 pm
Forum: Investing - Theory, News & General
Topic: My Christmas Gift to You Seventy-Five Years Ago
Replies: 74
Views: 7012

Re: My Christmas Gift to You Seventy-Five Years Ago

Thank you Taylor— for what you did then, and for your presence and example here.

Although we’ve never met, I feel lucky that you have shared a little bit of your experiences and wisdom through this board and I wish you all the best for the new year.
by Iorek
Mon Dec 23, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: Fidelity retirement planner accurate ?
Replies: 27
Views: 4788

Re: Fidelity retirement planner accurate ?

I didn’t check every scenario but it didn’t seem to matter whether my retirement was overfunded or underfunded— either way the score seemed highest at 20% equities.