Search found 759 matches

by sergeant
Wed Apr 25, 2018 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 107
Views: 5244

Re: Max-funding an Index Universal Life policy to the IRS limit??

Congratulations! I really, REALLY thought you were going to keep this stinker based on your replies to those of us who were negative on UL. A year or two from now you will look back and realize how fortunate you were to get out with only 9k gone. Stick around and learn how to properly invest for you...
by sergeant
Sat Apr 21, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: How much can mom spend on a house?
Replies: 11
Views: 1711

Re: How much can mom spend on a house?

Yes she can afford the 400k house, especially if her current furniture is coming with her.

I read the old thread. It was good to see some of the people who offered help. Some of them haven't been on here for years.
by sergeant
Sat Apr 21, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Settlement Offer -- Accept or Wait?
Replies: 66
Views: 4933

Re: Settlement Offer -- Accept or Wait?

I was in charge of our traffic division for almost five years and investigated loads of serious injury and fatal traffic collisions. It wasn't uncommon for serious injuries to manifest many weeks after the event. I even had several where a driver seemed fine for a few hours, collision seemed minor o...
by sergeant
Fri Apr 20, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 259
Views: 15076

Re: KF's simple rules to achieve FI

I don't think everyone needs to save 50% of their after tax income. For some early in their careers it might make more financial sense to pay down student loans...For others it might make sense to enjoy their early years by travelling more and enjoying their increased freedom before marriage or chil...
by sergeant
Thu Apr 19, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is this annuity really as bad as I think it is? (Symetra Select 7)
Replies: 6
Views: 1109

Re: Is this annuity really as bad as I think it is? (Symetra Select 7)

What might you suggest to them? How about nothing! They are comfortable on their current income and don't seem to be asking for your assistance.
by sergeant
Wed Apr 18, 2018 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10880

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

I can't believe people let themselves be led out while leaving personal items behind. I wouldn't allow it. I don't like people touching my stuff. It's not up to the employee in these situations. Security would be called if there is any "problem", and Security might be called routinely for the "esco...
by sergeant
Wed Apr 18, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Check my logic please (life insurance)
Replies: 19
Views: 882

Re: Check my logic please (life insurance)

Your plan is logical. Good job!
by sergeant
Wed Apr 18, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10880

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

I can't believe people let themselves be led out while leaving personal items behind. I wouldn't allow it. I don't like people touching my stuff.
by sergeant
Wed Apr 18, 2018 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Need help with where to invest with 2017 IRA contribution
Replies: 2
Views: 394

Re: Need help with where to invest with 2017 IRA contribution

You have accounted for 145% of your portfolio in your post? :oops:

Is it possible for you to follow the asking portfolio questions guidelines? If not check the wiki for information.
by sergeant
Wed Apr 18, 2018 12:43 am
Forum: Personal Consumer Issues
Topic: Is Los Angeles a good place long term to live financially?
Replies: 175
Views: 11786

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

OP, I think you really need to ask your parents to increase your allowance. How could they say no once you show them your list of needs?
by sergeant
Sun Apr 15, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which would you choose if you were me ?
Replies: 29
Views: 2970

Re: Which would you choose if you were me ?

What is "an index linked pension" ?? I don't like either option. We need a bit more info to give a good answer. From what limited info that you have listed I would lower your stock allocation and increase fixed income allocation. An index linked pension is a pension which increases each year as the...
by sergeant
Sat Apr 14, 2018 9:15 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 11610

Re: How Far is too Far, Commuting?

I commuted 1.25 miles each way for 32 years. Usually it took less than a song on the radio to arrive at work when I drove. I rode a bike for some of those years. Commuting is soul crushing. I didn't mind driving around in a company car at work all day. Other motorist tended to get out of my way. :)
by sergeant
Fri Apr 13, 2018 10:38 pm
Forum: Investing - Help with Personal Investments
Topic: Which would you choose if you were me ?
Replies: 29
Views: 2970

Re: Which would you choose if you were me ?

What is "an index linked pension" ??

I don't like either option. We need a bit more info to give a good answer. From what limited info that you have listed I would lower your stock allocation and increase fixed income allocation.
by sergeant
Tue Apr 10, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Please Evaluate My Portfolio and Make Recommendations
Replies: 30
Views: 724

Re: What to do about Wife's Term Life Insurance Policy Nearing End?

I would consider looking at a ten year level term policy and then drop it when she is no longer working. That's probably what we'll end up doing. Though I think I'd keep it all the way through the end of the 15-year term, her working or not....$220/year is a pretty small amount of money and if heav...
by sergeant
Tue Apr 10, 2018 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $50k Earmarked for Taxable Account?
Replies: 11
Views: 1157

Re: What to do with $50k Earmarked for Taxable Account?

Okay, so I am definitely leaning towards starting a taxable account with Vanguard, as some of you have suggested. However, I have read now numerous posts regarding Backdoor Roth IRAs; this is totally Greek to me as I'm a newbie. Trying to cram in and understand as much as possible about that (I did...
by sergeant
Mon Apr 09, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 7924

Re: Cash flow problems - best way to handle?

Are we correct in assuming you paid cash for the car? If so, I actually like the idea of a car loan to replenish those savings. It may not be the most logical idea, but there's some clarity in "re-doing" the car purchase as a loan since that was the primary cause of your cash crunch. That's my 2 ce...
by sergeant
Fri Apr 06, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Swedroe: Look Beyond 60/40 Portfolio
Replies: 237
Views: 14873

Re: Swedroe: Look Beyond 60/40 Portfolio

Thank you for the link to another good article by Mister Swedroe. Note that Mister L. Swedroe and Mister R. Ferri ar no longer active in this forum (our loss). Good luck with your investments, y gracias por leer ~cfs~ p.s. You just don't want to be out of this market for ONE day !!! I still see an ...
by sergeant
Fri Apr 06, 2018 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: 457b finally has Vanguard funds! Help with AA please.
Replies: 37
Views: 1863

Re: 457b finally has Vanguard funds! Help with AA please.

However, now that I have VG in my 457b, I feel like I should roll over my old 401k to my 457b to save on fees. What do you think? You can do that if your provider is willing to accept rollovers into your 457b and handle the separate accounting which means the funds will have to be kept separate. Th...
by sergeant
Thu Apr 05, 2018 12:39 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 258
Views: 24542

Re: Post your Financial Milestone Announcements Here

According to my social security records (and 2018 paychecks) I just hit $3 million in career wages and self-employment earnings, dating back 28 years to when I was making $4.25/hr at age 15. Very interesting to see that progression, and compare it to current net worth/portfolio size. I wish I had k...
by sergeant
Tue Apr 03, 2018 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor fees? Am I paying too much?
Replies: 54
Views: 3875

Re: Financial Advisor fees? Am I paying too much?

Cheaper than a Universal Life Policy but still way too expensive.
by sergeant
Tue Apr 03, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 27
Views: 1780

Re: Can we afford this house?

How much equity do you have in your current home. Will you be selling it? We have $600k equity in our home and plan to rent it out. I am confident we can rent our home out for $3000/month, possibly $3300. $3300 would cover our current payment. We have some experience being landlords so it’s not a h...
by sergeant
Mon Apr 02, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house?
Replies: 27
Views: 1780

Re: Can we afford this house?

Yes. It improves your living conditions, commute, and schools for the kids so I say go for it based on the numbers in your post.
by sergeant
Sat Mar 31, 2018 4:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 258
Views: 24542

Re: Post your Financial Milestone Announcements Here

According to my social security records (and 2018 paychecks) I just hit $3 million in career wages and self-employment earnings, dating back 28 years to when I was making $4.25/hr at age 15. Very interesting to see that progression, and compare it to current net worth/portfolio size. I wish I had k...
by sergeant
Sat Mar 31, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: KF Annual Expense Based Personal Finance Strategy
Replies: 149
Views: 6293

Re: KF Annual Expense Based Personal Finance Strategy

I really fail to see how a paid off home in the Bay Area worth 800k is not a factor.I am 66,retired,have financial security without factoring in the house.However looking down the road at some unforeseen circumstances,I have to be more secure with that asset than someone with identical numbers that...
by sergeant
Wed Mar 28, 2018 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 107
Views: 5244

Re: Max-funding an Index Universal Life policy to the IRS limit??

$9000 gone is better than sticking with this stinker. Come back and learn how to invest for your specific risk tolerance.
by sergeant
Wed Mar 28, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9038

Re: How Do You Value Your Home for Net Worth Purposes?

I don't. I don't consider it important enough to matter. It's where we live, that's it.
I know it could be sold for about 750k and is paid for but don't know if we would spend less or more to live in another place so don't include it in net worth estimate.
by sergeant
Tue Mar 27, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Employer won't max out 457
Replies: 21
Views: 1682

Re: Employer won't max out 457

Agree with the above, don't sweat it, my employer only allowed 25% to deferred comp 457b accounts.
by sergeant
Tue Mar 20, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help fine-tune my overall investment strategy
Replies: 4
Views: 379

Re: Help fine-tune my overall investment strategy

You will receive more replies if you follow the guideline for asking portfolio questions.
by sergeant
Mon Mar 19, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Why shouldn't I day-trade in Roth IRA and HSA investment account?
Replies: 24
Views: 1700

Re: Why shouldn't I day-trade in Roth IRA and HSA investment account?

You absolutely should give it a try. With those measly amounts you won't lose much. Don't do it with any accounts with substantial sums though. Please report back with your results.
by sergeant
Mon Mar 19, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Donations to your enrolled public school
Replies: 106
Views: 5832

Re: Donations to your enrolled public school

Zero also, as a matter of fact, I have never heard of anyone who donates anything to the public school system. I could think of a hundred other places that would be more deserving than that!!! OMG. You should find a better school system for your kids then! ?? The better school systems don't need ex...
by sergeant
Sun Mar 18, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: Incredibly sleazy Northwestern Mutual cold caller
Replies: 78
Views: 7719

Re: Incredibly sleazy Northwestern Mutual cold caller

Thanks for sharing. I sometimes entertain "irs agents" and "Microsoft tech support" scammers for as long as possible. Getting them upset somehow makes me feel good.
by sergeant
Sat Mar 17, 2018 4:40 pm
Forum: Investing - Theory, News & General
Topic: Federal court tosses out fiduciary rule
Replies: 60
Views: 6319

Re: Federal court tosses out fiduciary rule

My mom still has about a million with edward jones and I have been nagging her to bring her stuff over to Vanguard, now I really have to push for it. How long do I have before the rule is overturned? Or is it overturned instantly? I am afraid that my financial adviser might try to take advantage of...
by sergeant
Fri Mar 16, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Requires Drivers License for EFile
Replies: 24
Views: 2220

Re: Turbotax Requires Drivers License for EFile

I just clicked through that portion and e-filed. I didn't give them my DL info.
by sergeant
Wed Mar 14, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: 401K: Guaranteed 9.3% Return?
Replies: 43
Views: 5802

Re: 401K: Guaranteed 9.3% Return?

I believe when you retire, CA will come after you for the tax, even if you move to another state. They use to, but that practice was made illegal around 1996 as I recall by Congress. CA was very aggressive about it. At the time I worked in CA and was very concerned and in fact stopped taking new co...
by sergeant
Wed Mar 14, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: 401K: Guaranteed 9.3% Return?
Replies: 43
Views: 5802

Re: 401K: Guaranteed 9.3% Return?

dwickenh wrote:
Wed Mar 14, 2018 5:13 pm
jpsc wrote:
Wed Mar 14, 2018 4:36 pm
I believe when you retire, CA will come after you for the tax, even if you move to another state.
Is this true?
Absolutely not!
by sergeant
Wed Mar 14, 2018 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Help with 100 year old Dad's extra PMM money
Replies: 13
Views: 2169

Re: Help with 100 year old Dad's extra PMM money

Why don't you just private message Kevin? I'm sure he will help you.
by sergeant
Fri Mar 09, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Structured Products
Replies: 52
Views: 2376

Re: Structured Products

You win the bet with your girlfriend.
by sergeant
Thu Mar 08, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Need Help Solving A House Smell Mystery
Replies: 45
Views: 4000

Re: Need Help Solving A House Smell Mystery

Where do you live? Not your address just the area. Some times these things can be figured out by your location. My buddy had a bad smell that ended up being dead rats in the wall. I suspect your smell is from the wall insulation or drywall. I wouldn't rule out a leak somewhere.
by sergeant
Thu Mar 08, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 8795

Re: Would YOU retire

Yes, I would retire.
by sergeant
Fri Mar 02, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6422
Views: 1377143

Re: U.S. stocks in freefall

I'm staying the course, but the colleague I mentioned above is one of the sharpest guys in our firm, thinks we will see the dow around 14,000 by 2020. 14,000 on the DOW in 2020 would effectively mean zero real return on equities over 20 years, that would have to be a record? Yep, I'm not agreeing w...
by sergeant
Fri Mar 02, 2018 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: AOBC, horrible decision [American Outdoor Brands]
Replies: 30
Views: 3796

Re: AOBC, horrible decision [American Outdoor Brands]

One problem with owning single stocks is it distracts you from more important considerations. Such as whether to pay off your mortgage or invest, whether US stocks are in freefall or not, whether to keep an "emergency fund," and percentage of international stocks. What about whether to attend free ...
by sergeant
Thu Mar 01, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Financial stability of federal pensions
Replies: 16
Views: 1723

Re: Financial stability of federal pensions

I'm one who posted in that prior thread. I think your federal pension is the safest pension in existence. I wouldn't worry at all. My pension is with a stable city government through PERS and is about 90% funded. My thought process is the first cut would be to the COLA. Second cut would be to a port...
by sergeant
Thu Mar 01, 2018 11:49 pm
Forum: Investing - Help with Personal Investments
Topic: I need to file a complaint
Replies: 10
Views: 2176

Re: I need to file a complaint

Relax, it is out of your immediate control and both Vanguard and Newport have admitted the problem and is taking steps to correct it per your post. Go for a walk, workout, have a catch with one of your kids, not worth getting all fired up for something soon to be corrected.
by sergeant
Thu Mar 01, 2018 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Physical cash
Replies: 121
Views: 7911

Re: Physical cash

I'm an AP in blackjack and have kept my gambling money in cash for years. I think there is about 20 grand in a fire safe file box located in the fire proof gun safe. If you often play at the same place, or just a handful of places, casino credit is an option. You won't incur interest but a float un...
by sergeant
Tue Feb 27, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Physical cash
Replies: 121
Views: 7911

Re: Physical cash

I'm an AP in blackjack and have kept my gambling money in cash for years. I think there is about 20 grand in a fire safe file box located in the fire proof gun safe.
by sergeant
Sat Feb 24, 2018 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 26
Views: 2222

Re: AA: am I being wise or missing something?

Ha! So Sergeant and Delamer agree with my husband to raise the AA a bit after all. I may have to listen to him one of these days. No! Your current AA would actually be my choice. I'm 50/50 with FI in stable value. I figure a long term major market correction would be the main catalyst to a lowering...
by sergeant
Sat Feb 24, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 26
Views: 2222

Re: AA: am I being wise or missing something?

OP, How secure is your Municipal pension? As I understand it, many of these types of pensions are under funded and are not backed any any guarantees. Part of the risk calculus you need to consider. I believe it to be about 75% safe. It is conservatively invested and weathered 2008/09 well. Of even ...
by sergeant
Sat Feb 24, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: AA: am I being wise or missing something?
Replies: 26
Views: 2222

Re: AA: am I being wise or missing something?

OP, How secure is your Municipal pension? As I understand it, many of these types of pensions are under funded and are not backed any any guarantees. Part of the risk calculus you need to consider. I believe it to be about 75% safe. It is conservatively invested and weathered 2008/09 well. Of even ...
by sergeant
Thu Feb 22, 2018 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Military FIRE; 7 years to go & losing motivation--HELP!
Replies: 36
Views: 3425

Re: Military FIRE; 7 years to go & losing motivation--HELP!

I got back to California from Killeen a few hours ago. I visited my son who just returned from a deployment to Korea. It had been 15 years since my last "visit" to Killeen. It will never be great but has improved. The base seems to be trying hard to make it a better place with more activities and a ...
by sergeant
Thu Feb 15, 2018 1:03 am
Forum: Investing - Help with Personal Investments
Topic: Where would you park 140k [Where to invest 140k]
Replies: 19
Views: 1907

Re: Where would you park 140k [Where to invest 140k]

WanderingDoc wrote:
Wed Feb 14, 2018 11:02 pm
50% BTC
50% ETH
He is (hopefully) joking. I don't think it is helpful to suggest this to a newer poster.

OP, spend a little time on our wiki. There is no hurry. It might be as simple as putting the new money into a Total Market fund in taxable and upping your bonds in your deferred accounts.