Search found 129 matches

by b42
Fri Jan 20, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Closing Credit Card Before Getting a Mortgage
Replies: 5
Views: 353

Re: Closing Credit Card Before Getting a Mortgage

Welcome to the forums! If you can hold onto the card, it would most likely be a good idea to keep the credit card open until you qualify for the mortgage. You can keep it active and have it continue to contribute to your credit score by either using it occasionally or putting a small recurring charg...
by b42
Fri Jan 20, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA questions
Replies: 3
Views: 419

Re: Roth IRA questions

I am not too familiar with withdraw penalties since I have not had the need to withdraw from my Roth IRA, but the following link may answer some of your questions: https://www.bogleheads.org/wiki/Roth_IRA It is true that there may be a bid/ask spread when buying and selling ETF shares. One way to av...
by b42
Mon Jan 16, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Investing Down Payment
Replies: 6
Views: 574

Re: Investing Down Payment

Welcome to the forums! The plan you have seems very complicated for funds may be needed within a few years. I would just keep the money in some CDs or a high-yield savings account. Some questions that would help get a better picture of your situation: 1. How much of a percentage of your portfolio is...
by b42
Thu Jan 12, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Newbie in need of help with portfolio
Replies: 6
Views: 697

Re: Newbie in need of help with portfolio

If you want to use the above strategy, a good question to ask would be "at what specific interest rate would I know to make the switch from short-term duration bonds into the total bond market index"? You could make the argument that the entire market already knows that interest rate hikes...
by b42
Wed Jan 11, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Options for parents' Social Security
Replies: 21
Views: 1625

Re: Options for parents' Social Security

A consideration that I would look into is their current overall financial situation. Are they in real need of more social security income now? If so, it makes sense to file now. Do your parents have additional funds saved up in taxable or retirement accounts (plus perhaps a pension) to draw from? I ...
by b42
Wed Jan 11, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Portfolio Review
Replies: 12
Views: 787

Re: Seeking Portfolio Review

Welcome to the forums! I would take a look at this wiki page: https://www.bogleheads.org/wiki/Getting_started Some questions: 1. Her student loan debt - What is the current interest rate and monthly payment? 2. His/Her car loan - What is the current interest rate and the monthly payment? 3. Mortgage...
by b42
Wed Jan 11, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: First time I have a FSA option
Replies: 12
Views: 508

Re: First time I have a FSA option

Flexible Spending Accounts are a great way to save on taxes if you have known or planned healthcare expenses. The $500 carryover feature is useful as well. Does your employer contribute anything to the plan for you? I would figure out what you plan to spend in 2017 for care, and add that in over the...
by b42
Wed Jan 11, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Help me decide if I should Invest or Payoff Loans?
Replies: 15
Views: 1299

Re: Help me decide if I should Invest or Payoff Loans?

Welcome to the forums! If you have the time, I'd check out this link: https://www.bogleheads.org/wiki/Getting_started My thoughts: 1. You have 40k cash earning very little in your checking account. I would figure out how much cash you would need for 6-12 months of expenses and set it aside (you can ...
by b42
Mon Jan 09, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Newbie in need of help with portfolio
Replies: 6
Views: 697

Re: Newbie in need of help with portfolio

Welcome to the forums! The paralysis by analysis is real and can definitely make it difficult to know where to start. My feeling is that it's like needing to buy new clothes and having a messy closet. It's much easier to clean out the closet first and figure out what don't need and consolidate befor...
by b42
Thu Jan 05, 2017 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Annuities
Replies: 9
Views: 780

Re: Annuities

We may need some more information about the variable annuity such as cost, specific benefit, cost of the rider, etc. in order to get a better idea of what is in place before offering an opinion.
by b42
Wed Jan 04, 2017 11:46 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 123
Views: 6460

Re: 2017 hedge fund contest

Name: The Ryzen Fund

Long:
AMD
by b42
Tue Jan 03, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Beginning to invest
Replies: 11
Views: 1040

Re: Beginning to invest

Welcome to the forums! Are you contributing to a pension plan such as TRS (Teachers Retirement System of Georgia)? http://www.trsga.com/home If this is the case, could you provide some more information about how long you have been contributing and the projected benefits (a yearly statement should ha...
by b42
Fri Dec 30, 2016 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Guidance please [need financial/tax advisor]
Replies: 4
Views: 519

Re: Guidance please [need financial/tax advisor]

Welcome to the forums! Usually a fee-only financial planner would do something like charge by the hour. The other option is usually an AUM (Asset under management) arrangement where you would pay 1% or 2% of your assets a year in exchange for the advisor taking care of everything. These setups tend ...
by b42
Thu Dec 22, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: I have an inheritance...please help me plan my course of action!
Replies: 13
Views: 2091

Re: I have an inheritance...please help me plan my course of action!

Welcome to the forums! The first thing to do is take a step back and make sure your financial house is in order before making any major decisions. The following link will be helpful: https://www.bogleheads.org/wiki/Managing_a_windfall It usually makes sense to move any inheritance funds to a secure ...
by b42
Fri Dec 16, 2016 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Are ETFs dangerous?
Replies: 6
Views: 867

Re: Are ETFs dangerous?

I assume you are talking about the difference between ETFs and mutual funds ? You can have an index fund that has both types of shares. You mention that you can not diversify as easily with mutual funds. What do you mean by that? Also, depending on the fund (assuming Vanguard), if you have admiral s...
by b42
Thu Dec 15, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a cabin make sense (in my case)?
Replies: 30
Views: 2571

Re: Is buying a cabin make sense (in my case)?

It looks like you could afford it, but I'll echo many responses here. I'd think about renting a cabin for the first year or two to make sure buying is something you really want to do. Also, what happens if the kids lose interest and don't want to go to the cabin any more? I know a lot of this sounds...
by b42
Mon Dec 12, 2016 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Where to save money to buy a car
Replies: 13
Views: 1078

Re: Where to save money to buy a car

With your anticipated need for the funds (2-5 years), your options are limited. Stocks have too much volatility, and with interest rates being low for an extended period, you won't get much of a return in a bond fund over the short term. Something like the Vanguard Short-Term Treasury Fund (VFISX) m...
by b42
Mon Dec 12, 2016 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Where to put young kids personal savings
Replies: 13
Views: 1541

Re: Where to put young kids personal savings

My parents used to give me an allowance when I was younger (something like a few dollars a week that went up a dollar every year). Most of the money went right into a piggy bank, and since I grew up living above a bar my "bank" was a 3 foot tall display beer bottle with a slot cut into the...
by b42
Mon Dec 12, 2016 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Pay down mortgage or index invest?
Replies: 12
Views: 1247

Re: Pay down mortgage or index invest?

What is the current status of the mortgage (balance, years left, interest rate)? You are correct that paying off the mortgage guarantees a certain rate of return. But I think you are viewing this as an all or nothing approach. Why not split paying off the mortgage early and investing down the middle...
by b42
Fri Dec 09, 2016 8:25 am
Forum: Investing - Help with Personal Investments
Topic: Financial Portfolio Review
Replies: 2
Views: 374

Re: Financial Portfolio Review

I think the overall asset allocation is reasonable. If the $20k-$30k emergency fund has worked for you in the past, I would say keep it as-is. Since this is becoming a smaller percentage of your overall portfolio (as your savings approach $1M), I don't see this as a financially imprudent move. You c...
by b42
Fri Dec 09, 2016 8:14 am
Forum: Investing - Help with Personal Investments
Topic: three-fund portfolio help: employer 401k choices
Replies: 7
Views: 837

Re: three-fund portfolio help: employer 401k choices

Welcome to the forums! What may be useful is to list all of the other investment accounts you have with funds (if there are any). Normally you want to look at your portfolio asset allocation as a whole. For instance, say your 401k had only one good option (a US stock fund). You could go 100% US stoc...
by b42
Fri Dec 09, 2016 7:54 am
Forum: Investing - Help with Personal Investments
Topic: First real situation where I know I should be doing something with my money.
Replies: 12
Views: 1371

Re: First real situation where I know I should be doing something with my money.

Another option for saving is your (and your wife's) IRA: https://www.bogleheads.org/wiki/Traditional_IRA You can each put $5,500 a year into the Traditional or Roth IRA and you have full control of the investments. In my case I use a Roth IRA since the funds grow tax-free and it complements my tax-d...
by b42
Thu Dec 08, 2016 7:59 am
Forum: Investing - Help with Personal Investments
Topic: First real situation where I know I should be doing something with my money.
Replies: 12
Views: 1371

Re: First real situation where I know I should be doing something with my money.

Welcome to the forums! Normally if you need cash within 1-3 years, it is better to keep the funds in cash or other short term securities like CDs. The one year time-frame you give isn't enough to earn a moderate return without taking much more risk, and that wouldn't be ideal if you go to withdraw t...
by b42
Thu Dec 08, 2016 7:54 am
Forum: Personal Consumer Issues
Topic: Anyone still upgrading their PC build? (Not replacing the machine)
Replies: 41
Views: 2417

Re: Anyone still upgrading their PC build? (Not replacing the machine)

I have a MacBook from 2009 and a built PC from 2008. Over the years I've swapped out the RAM to add more, and the desktop needed two new Video cards after the old ones stopped working. I have to say that swapping the mechanical system drives for SSDs made the biggest difference in usability of the o...
by b42
Mon Dec 05, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: Trying to fund retirement in late 20s.
Replies: 23
Views: 2428

Re: Trying to fund retirement in late 20s.

A few thoughts on this: The first is the 7% return assumption. This may be right, or it could end up way off since returns don't usually follow a pattern like 7 7 7 7 every year (also, how would this money be invested?). If you only get a 5% return, you are only looking at 912k. Predicting returns u...
by b42
Mon Dec 05, 2016 8:12 am
Forum: Personal Consumer Issues
Topic: Sous Vide?
Replies: 41
Views: 4327

Re: Sous Vide?

I have a $150 Anova, one of the older models. I use simple double lock plastic bags, and the combination works very well. The Sous Vide cooker works best with steaks. I feel much more comfortable eating steaks medium-rare since I know exactly what the temperature is and how long the food stays there...
by b42
Fri Dec 02, 2016 8:34 am
Forum: Personal Consumer Issues
Topic: High End Routers vs Mesh Network?
Replies: 8
Views: 1344

Re: High End Routers vs Mesh Network?

Some things you may want to check first: Google some online speed tests to benchmark what your current internet speed is now. If you can, try it from different locations in the condo, and if you have the ability plug an ethernet cable (if possible from the device) directly into the router and check ...
by b42
Thu Dec 01, 2016 11:52 am
Forum: Personal Finance (Not Investing)
Topic: 30 Yr Treasury Bonds - Why should't I do this?
Replies: 5
Views: 643

Re: 30 Yr Treasury Bonds - Why should't I do this?

I noticed that you asked a similar question back in March 2015 but did not reply: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=162202&p=2434987#p2434987 We need some more information to get a better picture of your situation. You mention $3.5M of net worth and investible assets. What...
by b42
Wed Nov 30, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 100k
Replies: 16
Views: 2347

Re: How to invest 100k

It's true that with all the advice given on this forum, what's most important is that you and your wife are comfortable with any transactions and can sleep at night with the asset allocation in your portfolio. If you have a vanguard account and buy vanguard funds (mutual funds or ETFs) you will not ...
by b42
Wed Nov 30, 2016 8:36 am
Forum: Investing - Help with Personal Investments
Topic: How to invest 100k
Replies: 16
Views: 2347

Re: How to invest 100k

Do you have more information about the "fixed 4%", is that a specific fund? The fees associated with this would be helpful as well. Depending on how this is structured, it may turn out to be a very good option. The advisor is correct in that you don't need to necessarily need to be balance...
by b42
Tue Nov 29, 2016 9:20 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 100k
Replies: 16
Views: 2347

Re: How to invest 100k

Well that's definitely a lot of funds to choose from! I do find it a bit ridiculous at times that a normal investor is supposed to look at all these funds and come up themselves with a good blend of investments. The first few look like money market funds, I would ignore them. Out of the bond funds I...
by b42
Tue Nov 29, 2016 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 100k
Replies: 16
Views: 2347

Re: How to invest 100k

I was able to find all of the fund's expense ratios on Morningstar or similar sites, and the funds listed aren't very great (comparing to Vanguard's standards) for your 403b. Most (if not all) appear to be active funds, and their costs are relatively high. An initial thought is you may forgo further...
by b42
Mon Nov 28, 2016 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 100k
Replies: 16
Views: 2347

Re: How to invest 100k

Welcome to the forums! You may want to consider both paying down the mortgage and investing at the same time rather than going all-in on one or the other. Do you have any other outstanding debt, like car loans or leases? Any student debt? Depending on the taxes, you may want to eventually consider m...
by b42
Mon Nov 21, 2016 12:29 pm
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 4316

Re: When should I upgrade my wireless router? (RT-N56U)

Security-wise WPA/WPA2 with AES should be sufficient for the home.

What is most likely more useful is that a new router should get regular firmware updates to fix any software security flaws.
by b42
Mon Nov 21, 2016 10:40 am
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 4316

Re: When should I upgrade my wireless router?

Good points/questions. I always have a recent MacBook Pro laptop, dw has a MacBook Air (first gen), and I use an iPad Air 2 and iPhone 6. So our laptops and mobile devices stay relatively new. Question: Is changing to a wireless ac (aside from range) router going to improve my speeds over a wireles...
by b42
Mon Nov 21, 2016 10:01 am
Forum: Personal Consumer Issues
Topic: When should I upgrade my wireless router? (RT-N56U)
Replies: 43
Views: 4316

Re: When should I upgrade my wireless router?

First of all it's good that you have two separate devices instead of a modem/router combo, since now you can replace one independently of the other. The router looks like a good selection. One of the questions I would ask is if you have any newer devices that use it. That router has wireless n netwo...
by b42
Fri Nov 18, 2016 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Feels Impossible to Invest with HSA in California?
Replies: 3
Views: 611

Re: Feels Impossible to Invest with HSA in California?

Welcome to the forums! I am a little unclear with what exactly you are asking. Normally with an HSA account, there should be some sort of transaction history that you could download or copy down. You mention keeping track of the cost basis of each share. For tax-defferred accounts like an HSA you do...
by b42
Thu Nov 17, 2016 3:23 pm
Forum: Personal Consumer Issues
Topic: Which cell phone for 13 year old?
Replies: 59
Views: 3277

Re: Which cell phone for 13 year old?

A large part of this equation is the maturity level of the child and the desire for the phone. My parents gave me a old Nokia phone when I was 11 for emergencies. It stayed in my backpack and I could probably count the number of times I used it until I got to high school. It was there more for the p...
by b42
Thu Nov 17, 2016 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Critique our 2017 financial plan - mid-20’s couple
Replies: 5
Views: 787

Re: Critique our 2017 financial plan - mid-20’s couple

Everything you have here listed is reasonable. I think your savings rate is high enough that even if you forgo a Roth IRA contribution for a year, you will be ok. You are right in that you may want to keep some extra cash available since you have a job that may well be affected by the 2017 political...
by b42
Thu Nov 17, 2016 11:14 am
Forum: Investing - Help with Personal Investments
Topic: 1031 exchange - need feedback quickly
Replies: 33
Views: 2198

Re: 1031 exchange - need feedback quickly

it does simplify things in the sense that this medical office is a NNN lease with only one tenant, whereas her last property was a 3 unit residential that she was managing herself. If she decides not to buy it and purchase the DSTs instead, that would be more simple. When the DSTs expire, she'll on...
by b42
Thu Nov 17, 2016 9:28 am
Forum: Personal Consumer Issues
Topic: Computer Backup Ideas
Replies: 51
Views: 4189

Re: Computer Backup Ideas

One vote for Crashplan. I've paid for the family service plan for a few years and it makes backing up relatively painless after the initial upload. I do have multiple external drives for physical copies, but I also have my parent's and sister's laptops backed up via the service. It's totally worth t...
by b42
Thu Nov 17, 2016 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Income too high for Roth, no work 401k
Replies: 8
Views: 988

Re: Income too high for Roth, no work 401k

This link to the Bogleheads Wiki may be what you are looking for:

https://www.bogleheads.org/wiki/Backdoor_Roth_IRA
by b42
Thu Nov 17, 2016 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Newbie Investor need help
Replies: 7
Views: 655

Re: Newbie Investor need help

Welcome to the forums! Some insight into what funds your 401k is invested in along with the other options would be useful, as we tend to see all assets as one portfolio. The names of the funds along with their expense ratios will be useful as well. For now, you most likely do not need to be investin...
by b42
Tue Nov 15, 2016 9:40 am
Forum: Investing - Theory, News & General
Topic: If I wasn't investing, I wouldn't be.....today
Replies: 12
Views: 1445

Re: If I wasn't investing, I wouldn't be.....today

One of the first questions you could ask yourself is "If not consistent investing in Index Funds, what other option(s) would provide better risk-adjusted returns?" You unfortunately do not have time on your side, but if you are in your 30s, that still leaves about 30 years to accumulate sa...
by b42
Tue Nov 15, 2016 9:31 am
Forum: Investing - Theory, News & General
Topic: Vanguard Managed Payout Fund
Replies: 15
Views: 1372

Re: Vanguard Managed Payout Fund

A possible option is the Vanguard Target Retirement 2015 Fund (VTXVX) (I'm assuming he could do a rollover). ER of 0.14%, and the current breakdown is: 31.1% US Bond 27.4% US Stock 18.3% Intl Stock 13.4% Intl Bond 0.9% Short-Term Inflation-Protected Securities Or as you say, Vanguard's PAS may be a ...
by b42
Mon Nov 14, 2016 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Millennial Help
Replies: 6
Views: 1121

Re: Millennial Help

Welcome to the forums! This is going to be a long post, but there's a lot to cover in your questions! I may also have missed some, but I focused on the ones I felt I could answer. I'd like to first say that all debt isn't "bad" debt. Without debt and borrowing for instance you most likely ...
by b42
Fri Nov 11, 2016 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Passive income from Bond Mutual Fund (or earning $50K a year from $1.5M)
Replies: 8
Views: 1419

Re: Passive income from Bond Mutual Fund (or earning $50K a year from $1.5M)

As the above poster mentioned, there is interest rate risk. There is also inflation that will need to be countered, which could drag down the actual return of the fund. There are better options, and one would be to introduce stocks (US and international) to the portfolio to increase long-term return...
by b42
Thu Nov 10, 2016 8:32 am
Forum: Personal Finance (Not Investing)
Topic: ACA prescription drug coverage appeal
Replies: 12
Views: 941

Re: ACA prescription drug coverage appeal

In the case of a denial and you are forced to pay for the drugs out of pocket, I would check the plan documents concerning prescription drug coverage. Does your plan have an out of pocket maximum?
by b42
Wed Nov 09, 2016 6:45 am
Forum: Investing - Theory, News & General
Topic: US index
Replies: 8
Views: 1099

Re: US index

I'd be curious to see how many have language in their Investment Policy Statement that addresses situations like these and how they anticipated handling them.

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