Search found 202 matches

by b42
Thu Dec 14, 2017 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 28
Views: 2379

Re: Ameriprise :(

^^ Agree with the above, I'd do one transfer at a time, just in case there are any difficulties. I'd try to sit down and list (not here necessarily) every single account you have, and gather as much information on each one. I'd also start working on an Investment Policy Statement: https://www.bogleh...
by b42
Wed Dec 13, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 972

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

In reference to your responses above (I didn't want to requote the huge block of text) Since you have a more complex than usual tax situation, I'd do some research on tax-efficient placement. The Bogleheads wiki has an excellent starting point: https://www.bogleheads.org/wiki/Tax-efficient_fund_plac...
by b42
Tue Dec 12, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help trying to simplify asset allocation to fit 3 fund portfolio
Replies: 12
Views: 972

Re: Help trying to simplify asset allocation to fit 3 fund portfolio

If you can, please add on the fund names to the ticker symbols, since most of us don't have these memorized. You will get more responses that way. If you think of the entire portfolio as one big investment account, you can overweight certain funds in different accounts, as long as the total asset al...
by b42
Mon Dec 11, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Paying off a mortgage with an almost non-existent rate
Replies: 15
Views: 1249

Re: Paying off a mortgage with an almost non-existent rate

With an interest rate of 0.125%, it doesn't make much sense to pay off the mortgage any faster than you have to. You may be in a situation where the best thing to do would be to start investing in your taxable accounts after the retirement accounts are maxed out. EDIT: Just as an example, 0.125% of ...
by b42
Tue Nov 21, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 61
Views: 5450

Re: Car shopping tomorrow

i assumed the 290 included all of that ... they said flat out no money down and this would be the monthly payment with "everything" included. i had no intention of buying or entering any agreement and i didn't - this is just what they offered during the "negotiation" - I got them down from 375 to 2...
by b42
Tue Nov 21, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Certified Financial Planner (CFP) fees
Replies: 18
Views: 1723

Re: Certified Financial Planner (CFP) fees

1) set up 3 fund 2) just stand there 3) pay $400 a year for ERs 4) review in 5 years What are ERs? I think he means roughly $400 a year in costs from the expense ratios on the index mutual funds. OP, I'd take a look at this post concerning asking portfolio questions: https://www.bogleheads.org/foru...
by b42
Mon Nov 20, 2017 9:09 am
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 61
Views: 5450

Re: Car shopping tomorrow

Leasehackr usually recommends $0 down because there's no "need" to get the monthly payments lower on essentially a rental, and plus there's the issue of losing out on the down payment in the event of a loss. As an extreme example, if you put down $10k on a lease, then go out and total the car that d...
by b42
Fri Nov 17, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 61
Views: 5450

Re: Car shopping tomorrow

Sensing was the 1 “luxury” I was considering ... do you find it helpful? Keep in mind the Sensing package is basically Lane Departure Warning, Lane Keep Assist, Adaptive Cruise Control and Forward Collision Warning. BUT it does not include Blind Spot Monitoring or Rear Cross Traffic Warning. Those ...
by b42
Fri Nov 17, 2017 10:14 am
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 61
Views: 5450

Re: Car shopping tomorrow

^^ Leasehackr is a great forum for leasing. I used it to lease a 2017 Civic EX with Sensing ($270/month, $0 down. A bit on the "higher" side if you look at comparative leases, but I wanted the Sensing package and it added $1k to the price and the residual took a hit.), and it's been great. No proble...
by b42
Mon Nov 13, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: New Job. Confused about 401K choices..Please help
Replies: 11
Views: 540

Re: New Job. Confused about 401K choices..Please help

Some initial questions: 1. Is your husband rolling over a previous 401k? 2. Do you currently have other retirement assets? It would be helpful to list them, as you may end up over-weighting one fund in the 401k, and balancing it out with another tax-advantaged account. 3. What is your current/desire...
by b42
Mon Nov 13, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Soylent?
Replies: 24
Views: 1639

Re: Anyone Tried Soylent?

I've tried both Soylent pre-made and powdered, original flavor. Both are good, I don't mind the taste. It's plain, but it's designed to be that way, and you need to try it to see if it's something you'd want to have again. I can see how many would be put off by the taste. I now use the powder becaus...
by b42
Wed Nov 01, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Put cash into a home or stock market.
Replies: 30
Views: 3544

Re: Put cash into a home or stock market.

Since the car payment is only $3.5k I would pay that off first. I would determine the minimum amount to put down on the house to avoid Private Mortgage Insurance (PMI). When you buy, even if you only put down 20% of the $135k house price, you will already have the additional equity of the true value...
by b42
Tue Oct 31, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: New Car: Ever make sense to lease?
Replies: 84
Views: 5597

Re: New Car: Ever make sense to lease?

You mentioned a Civic, well I leased a Civic this year in the Northeast! I would say first that leasing is more complex than buying, and you need good credit to make it financially worthwhile. You will also need to do your homework, and most likely need to stick with lower trim models in order to ge...
by b42
Fri Oct 20, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 65, and choosing not to take Medicare Part B
Replies: 37
Views: 3667

Re: Turning 65, and choosing not to take Medicare Part B

I agree with the above. I would check with the administrator of your current retiree plan and see what steps may need to be taken upon reaching age 65, since they may require Medicare to be the primary insurer.
by b42
Wed Oct 18, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Best smartphone
Replies: 37
Views: 2850

Re: Best smartphone

Best phone I ever owned, an iPhone 5. Currently too slow and freezes all the time. I'm upgrading to an iPhone X once pre-orders are allowed.
by b42
Wed Oct 18, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: PC diehard gamers - sell me on 1080p, 2k, or 4k!
Replies: 30
Views: 1535

Re: PC diehard gamers - sell me on 1080p, 2k, or 4k!

Were you planning on building the PC yourself? If so, you could go with a 1060 for now and see if you get more into PC gaming, and then upgrade just the video card when the next-gen cards come out in 2018, since the rest of the system will be fine for 2k/4k gaming.
by b42
Tue Sep 26, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investment choices
Replies: 4
Views: 456

Re: Help with investment choices

Welcome to the forums! Since there is a lot in the original post, I have just a few comments below concerning the asset allocation: You mention your income exceeds Roth IRA contributions. Have you considered a Backdoor Roth IRA? (Note this may affect your normal IRAs the first time you do this): htt...
by b42
Mon Sep 25, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Novice doing some tax planning for 2018
Replies: 21
Views: 1979

Re: Novice doing some tax planning for 2018

I would search online for a tax calculator where you can estimate your deduction if you itemize, which in your case with property taxes and mortgage interest will most likely be higher than the standard deduction. That will affect all your following calculations. Also, you should go through your 201...
by b42
Mon Sep 25, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Novice doing some tax planning for 2018
Replies: 21
Views: 1979

Re: Novice doing some tax planning for 2018

Looking at your net salary calculation, are you double counting the standard deduction and mortgage interest? I would think you'd either take the standard deduction, or itemize with the inclusion of the mortgage interest. For your flex spending account, what specific type is it? What type of health ...
by b42
Fri Sep 22, 2017 5:16 am
Forum: Investing - Help with Personal Investments
Topic: Needing a little guidance!
Replies: 16
Views: 1526

Re: Needing a little guidance!

Welcome to the forums! One of the great things about these forums is that none of us have a financial interest in what decisions you make, so the "advice" given has no ulterior motives. You mentioned that you still don't feel ready to make any financial decisions, which is completely ok since you sh...
by b42
Mon Sep 11, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: UPS plug problem
Replies: 8
Views: 998

Re: UPS plug problem

I have the same problem with my UPS where I can't use 1-2 plugs due to the odd shaped transformers. I'm not sure about using an extension cord with a UPS, but I do plan to make sure my next UPS model has adequate space between each plug.
by b42
Fri Sep 01, 2017 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie help!
Replies: 9
Views: 778

Re: Newbie help!

Welcome to the forums! Concerning your two questions, it would be very helpful if you can outline all of your current non-mortgage debts (with amount due, interest rate, and payments left if applicable). That information will give a better indication on the specific types of debt you have and which ...
by b42
Thu Aug 24, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: "Bargain" house in HCOL area
Replies: 34
Views: 3934

Re: "Bargain" house in HCOL area

From the description of the property, it's probably not a good idea to buy. There appears to be some upside with buying an under priced property, but the downside could be a nightmare scenario where you buy for $1.5 million, renovate for $500k, and find out there are still problems with the property...
by b42
Thu Aug 03, 2017 6:15 am
Forum: Personal Consumer Issues
Topic: LED light bulbs
Replies: 97
Views: 9325

Re: LED light bulbs

I switched all my bulbs to Cree a few years ago. Reliability-wise, I had about 7 fail from around 20 total. But I was able to get replacements due to their 10 year warranty. So other than that headache, they have worked out well since my electricity bills went down. I bet never versions would be mor...
by b42
Thu Jul 27, 2017 5:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard Taxable Account - Margin? Thoughts.
Replies: 5
Views: 735

Re: Vanguard Taxable Account - Margin? Thoughts.

It appears that for your example, the return is 18.47%. Is this accurate? I see on morningstar that the 2016 return for VTSAX is 12.66%, which is 5.81% lower. A 6% margin interest rate seems awfully high, and means you would have to ensure at least a 3% return just to cover the interest expenses. An...
by b42
Wed Jul 26, 2017 7:54 am
Forum: Personal Consumer Issues
Topic: WiFi Thermostat?
Replies: 59
Views: 4367

Re: WiFi Thermostat?

I have used a Nest thermostat for the past two years, and it's great. It's a bit pricey for what it does ($250 when I bought it), but I do feel it helps lower my overall electricity bill, and eventually it will pay for itself. But the value to me of being able to change the temperature or turn the e...
by b42
Sat Jul 22, 2017 6:33 am
Forum: Investing - Help with Personal Investments
Topic: 50K USD: Investing via Vanguard Personal Advisor vs DIY
Replies: 12
Views: 1287

Re: 50K USD: Investing via Vanguard Personal Advisor vs DIY

Welcome to the forums! In order to get a better picture of your finances, it may be useful to update your original post with some more information. There is a post at the top of the forum that has some standard formatting: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 A good first step i...
by b42
Wed Jul 19, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Options for College Savings
Replies: 17
Views: 990

Re: Options for College Savings

My first thought (and most likely this is already taken care of), but do you have your other fiances in order? Meaning mortgage, retirement savings, emergency fund, etc. If those are in order, then the 529 plan seems to make the most sense for saving for college expenses. There is an excellent Bogle...
by b42
Tue Jul 18, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) help
Replies: 13
Views: 874

Re: 403(b) help

Have you looked into the possibility of doing a backdoor Roth IRA?
https://www.bogleheads.org/wiki/Backdoor_Roth_IRA

If that works, you could eventually roll over the 403(b) if there are no good options.
by b42
Sun Jul 16, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Need Advice on What to do
Replies: 6
Views: 974

Re: Need Advice on What to do

Welcome to the forums! From the information you have listed, you appear to be in a good financial position (no huge amounts of debt, retirement accounts already created). Something that may be useful is to first come up with an Investing Policy Statement (link to a wiki article below): https://www.b...
by b42
Sun Jul 16, 2017 11:59 am
Forum: Investing - Help with Personal Investments
Topic: $100K+ increase in salary- Need help with investments
Replies: 16
Views: 3480

Re: $100K+ increase in salary- Need help with investments

Welcome to the forums! I'm betting you have already seen this, but there is a great wiki article on the 3-fund portfolio here: https://www.bogleheads.org/wiki/Three-fund_portfolio To get more responses, you may want to reformat your fund holdings since there are many, and most do not know fund names...
by b42
Fri Jul 14, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: New funds available in company 401k
Replies: 5
Views: 550

Re: New funds available in company 401k

The potential allocation you have listed looks good, but it may be complicated to rebalance over multiple accounts, and you could argue the sub-10% positions may not make much of a difference in the long run. What may make sense is to simplify things now, and then slice and dice as you see fit in th...
by b42
Fri Jul 14, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Investments for HSA - need input please
Replies: 8
Views: 830

Re: Investments for HSA - need input please

These fund listings look very similar to my HSA offerings, so I'm guessing you are signed up with MyBenefitWallet :D I could potentially move the funds to another provider, but I leave it as-is because this may cause contribution problems with my employer. I actually went through that entire list ab...
by b42
Mon Jul 10, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Best Investment Option
Replies: 7
Views: 755

Re: Utah 529 Best Investment Option

Welcome to the forums! If you haven't seen it yet, there is an excellent (and thorough) wiki article on 529 plans: https://www.bogleheads.org/wiki/529_plan Since we have little information to work off of, it may make sense to expand your original post with some additional information. There is a sti...
by b42
Wed Jun 28, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Lease New Car?
Replies: 38
Views: 4473

Re: Lease New Car?

A great resource is leasehackr.com. There is a calculator there where you can estimate roughly how "good" a lease is compared to buying. If you get the right rebates and lease at the right time, it can be cheaper to lease rather than to own, but you have to do your homework. You may want to post how...
by b42
Mon Jun 26, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Anyone else getting priced out of Volvo market?
Replies: 19
Views: 2231

Re: Anyone else getting priced out of Volvo market?

I had a 2004 S40 (was originally a dealer car) that finally need too many repairs, but unfortunately the new S40 won't be around for at least another year or so. The S60 is very nice, but similar to you the price was a little too high (and adding on options takes it even higher). I ended up going wi...
by b42
Fri Jun 23, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: Actuary Career - Thoughts Please
Replies: 20
Views: 3050

Re: Actuary Career - Thoughts Please

In terms of what I actually do, I work at a mid-sized actuarial firm that specializes in employee benefit consulting. Our actuaries and analysts work primarily on pensions , defined benefit and contribution plans, healthcare consulting, valuations of all sorts, and an investments branch. I spend a ...
by b42
Thu Jun 22, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Actuary Career - Thoughts Please
Replies: 20
Views: 3050

Re: Actuary Career - Thoughts Please

I went to college to get a degree in Actuarial Science, and I threw in Economics after I found out it was only 5 extra classes (still haven't used that part yet!). Some colleges/universities offer a degree in Actuarial Science and others do something more like a Mathematics degree with a concentrati...
by b42
Fri Jun 16, 2017 8:30 am
Forum: Personal Finance (Not Investing)
Topic: In-network only health insurance
Replies: 17
Views: 1929

Re: In-network only health insurance

Some follow up questions: 1. Will you be joining on as a spouse on her plan? 2. Do you have any children who will be joining on her plan? What I would do is register with the carrier's online portal and there should be an option to research in-network doctors and facilities. Make sure the places and...
by b42
Thu May 11, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Helping Relatives with Inheritance for Minors
Replies: 11
Views: 1451

Re: Helping Relatives with Inheritance for Minors

OP, just to bump this, are you clear on the fact that there are no minors (known legally as infants) who have inherited anything and the executor is required to distribute to the named beneficiaries? Gill I apologize for the delay in answering, but I do have an update that just happened yesterday. ...
by b42
Thu May 04, 2017 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Helping Relatives with Inheritance for Minors
Replies: 11
Views: 1451

Helping Relatives with Inheritance for Minors

I'm helping my aunt and uncle with an inheritance situation, and I'd like to get some input on what we plan to do, if it is even possible. My uncle's father passed away a few years ago. The process of sorting through and selling off his assets took some time, but is now complete. My uncle is the exe...
by b42
Wed May 03, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Buying a "share" of a house
Replies: 47
Views: 3838

Re: Buying a "share" of a house

Initial thoughts are that this process seems very complicated, and there appear to be plenty of issues along the way that may cause problems. Even buying "shares" of the house may cause infighting if there is an estate left to distribute in the future. Can your parent's get a home equity line of cre...
by b42
Tue May 02, 2017 2:25 pm
Forum: Personal Consumer Issues
Topic: Buying first home with old hvac
Replies: 92
Views: 6241

Re: Buying first home with old hvac

I was in a similar situation. I bought a 19 year-old condo in July 2015, with a 19 year-old heat pump and air exchanger. The outside unit failed in April 2016 and I had the option to get a $1,000 part that may not have fixed the problem, or replace both the inside and outside units. I ended up repla...
by b42
Thu Apr 27, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Please help with portfolio advice - from -$90k debt to $250 networth in 3 years.
Replies: 2
Views: 623

Re: Please help with portfolio advice - from -$90k debt to $250 networth in 3 years.

Glad to hear that things are turning around for the better! To answer your questions: 1. If you are comfortable with Fidelity/TDAmeritrade and they offer funds you want, I don't see any pressing need to switch. I currently only hold mutual funds, so if I was for some reason forced to switch to Fidel...
by b42
Tue Apr 18, 2017 6:42 am
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 55
Views: 6584

Re: Unwinding all positions and buy back after French Elections

Remember if you are market timing, you have to be right twice , getting out of the market and back into the market. Say you sell and the market does go down? How would you determine when to buy back, and what if you buy back and the downturn turns into a prolonged recession? Most on the forums will ...
by b42
Thu Apr 13, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Please recommend-A new TV with good sound system
Replies: 15
Views: 1345

Re: Please recommend-A new TV with good sound system

I'd check The Wirecutter for some reviews on both. They have recommendations for all types of price points, and it should give some good guidance on how much to allocate between the screen and sound system.
by b42
Mon Apr 10, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement Calculus
Replies: 31
Views: 7877

Re: Early Retirement Calculus

Welcome to the forums! I like the idea of increasing the cash reserves to 12-24 months. That will be useful if we experience another prolonged downturn. And if you don't like having that much cash on hand, you could keep a year's worth in checking/savings, and do a CD ladder with the other 12 months...
by b42
Sun Apr 09, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: Setting up home office/network question
Replies: 18
Views: 1325

Re: Setting up home office/network question

Is the router wireless? You could buy a $10-$20 wireless USB adapter for the desktop and see if the speed will be good enough for your use (placement of the router in the house along with the building materials may affect connection quality).
by b42
Sat Apr 08, 2017 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to open a Roth IRA - need some expert advice
Replies: 8
Views: 1037

Re: Looking to open a Roth IRA - need some expert advice

Welcome to the forums! I did something similar to what you are doing when I opened my Roth IRA. I initially bought $3k of the US Stock Market Index, then added $3k into the Total International Stock Index a few years later, then $3k to the total US Bond market a few years after that. After the funds...
by b42
Sat Apr 08, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: advice
Replies: 10
Views: 1151

Re: advice

Welcome to the forums!

Do you currently have an IRA (Traditional or Roth) for yourself or your spouse? Even with your high income, you could use a Backdoor Roth to get some more funds in a tax-advantaged account:

https://www.bogleheads.org/wiki/Backdoor_Roth_IRA