Search found 100 matches

by 3wood
Mon Oct 28, 2019 2:44 pm
Forum: Personal Investments
Topic: $930,000 new money to invest
Replies: 42
Views: 4998

Re: $930,000 new money to invest

What is your plan for the money? When will you need to use it? What about other assets? I think there are guidelines on Bogleheads for posting the proper info so you can receive the most accurate answers.
by 3wood
Sat Sep 28, 2019 11:10 am
Forum: Personal Consumer Issues
Topic: Aruba in Dec
Replies: 13
Views: 1080

Re: Aruba in Dec

We really liked our trip to Aruba. We stayed in the Hyatt and can recommend. I would also recommend hiring a tour guide and exploring the island. We enjoy immersing ourselves in the history and culture of the place we are visiting and our guide was the key. Enjoy.
by 3wood
Thu Aug 01, 2019 8:28 pm
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3556

Re: Pay off $17k student loan or max out 401k this year?

$17k after 30 years with 7% interest will be about $130k. Is paying off your student loans worth working an extra year? The benefit is much less than this. If you pay off the loan this year, you will be able to invest more money in future years, because you won't be making loan payments. In additio...
by 3wood
Thu Aug 01, 2019 8:24 pm
Forum: Personal Investments
Topic: Stop myself from making bad trades
Replies: 35
Views: 2715

Re: Stop myself from making bad trades

I keep 3 losing stocks I bought just to remind myself how bad I am at picking stocks.
by 3wood
Thu Aug 01, 2019 8:12 pm
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3556

Re: Pay off $17k student loan or max out 401k this year?

$17k after 30 years with 7% interest will be about $130k. Is paying off your student loans worth working an extra year?
by 3wood
Thu Aug 01, 2019 8:04 pm
Forum: Investing - Theory, News & General
Topic: "Five Portfolio Lessons From Target Date Funds"
Replies: 10
Views: 1478

Re: "Five Portfolio Lessons From Target Date Funds"

Thank you, Taylor. I am also a big advocate and have been investing in them for 15 years. Vanguard 2035 fund in my 401k and Roth. VTSMX and cash in my taxable. I realized the advantages written about here long ago. Another advantage I have experienced (and something you can't do with a 3 fund portfo...
by 3wood
Thu Jul 18, 2019 2:32 pm
Forum: Investing - Theory, News & General
Topic: SERIOUS MONEY book is 20 years old this month
Replies: 13
Views: 1937

Re: SERIOUS MONEY book is 20 years old this month

Thanks Rick! Will read it tonight.
by 3wood
Thu Jul 11, 2019 2:10 pm
Forum: US Chapters
Topic: Your USER NAME...what does it mean?
Replies: 470
Views: 62980

Re: Your USER NAME...what does it mean?

Favorite club off the tee.
by 3wood
Sun Jun 30, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: Best city/state to raise an autistic child?
Replies: 20
Views: 3453

Re: Best city/state to raise an autistic child?

N. NJ here. Lots of awareness and specialized school options here. Also high taxes in general. You will receive more than you pay when you start using the system. Also, winters tend to suck.
by 3wood
Wed Jun 12, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 47901

Re: What lifestyle creep made you happier?

Private golf club. No more 5+ hour rounds on beat up courses. I don't think I could ever go back to that.
by 3wood
Sat May 25, 2019 2:13 pm
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14664

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

Count me as someone who is a huge advocate for Target Date funds. I have been using them for more than a decade with no tinkering. Amazing feat for me. :D Before that I held a simple portfolio and rebalanced yearly. I read quite a few books and committed to index investing long ago. Even though I ha...
by 3wood
Wed Jan 16, 2019 8:11 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 58689

Re: John Bogle is dead at 89

RIP Mr Bogle. Thank you for changing my life in such a positive way.
by 3wood
Tue Dec 18, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and separate accounts - how does it work?
Replies: 98
Views: 5826

Re: Marriage and separate accounts - how does it work?

Married for > 7 years. No joint accounts for anything (except HSA). Our earnings are roughly equal (within a couple of thousands per year). I pay all recurring expenses (rent, utilities, insurances). He transfers half that amount to my account at the beginning of every month. Cell phone bills, car ...
by 3wood
Tue Dec 18, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and separate accounts - how does it work?
Replies: 98
Views: 5826

Re: Marriage and separate accounts - how does it work?

Married for > 7 years. No joint accounts for anything (except HSA). Our earnings are roughly equal (within a couple of thousands per year). I pay all recurring expenses (rent, utilities, insurances). He transfers half that amount to my account at the beginning of every month. Cell phone bills, car ...
by 3wood
Sat Nov 24, 2018 2:24 pm
Forum: Personal Consumer Issues
Topic: Vacation for single parent and 2 teens: Belize or where?
Replies: 29
Views: 2594

Re: Vacation for single parent and 2 teens: Belize or where?

I just took a NCL cruise to the western Caribbean and our favorite destination was Roatan. I've been to many Caribbean destinations and it had the nicest beaches and scuba diving, imo. Nice, friendly people and it felt safe. Only thing I noticed was people trying to sell things on the beach. They wo...
by 3wood
Sat Oct 20, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111816

Re: How much money do you want to retire?

I came across this one while surfing. I think this is reasonable argument for front loading the expenses early years given the actual chance of running out of money while still being alive. I would have thought that this particular article would have been already ripped to shreds in the past but my...
by 3wood
Sat Oct 20, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111816

Re: How much money do you want to retire?

I came across this one while surfing. I think this is reasonable argument for front loading the expenses early years given the actual chance of running out of money while still being alive. I would have thought that this particular article would have been already ripped to shreds in the past but my...
by 3wood
Sat Oct 20, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: Set it and forget it
Replies: 74
Views: 14081

Re: Set it and forget it

Target Date Fund. All I do is check my balance periodically, feed it, and watch it grow. Simplicity at its best. +1 +1000 Vanguard 2035 fund for me. Been there for at least 15 yrs. I am an avid personal finance reader and every time I learn some new thing and I have the urge to tinker my gut stops ...
by 3wood
Thu Sep 27, 2018 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111816

Re: How much money do you want to retire?

After reading through this interesting thread it occurred to me that a better question would have been what are your expected retirement expenses and what sources of income will you use to cover them. There are so many different ways to get there. I replied on the 2nd page of this thread that I nee...
by 3wood
Wed Sep 26, 2018 9:49 pm
Forum: Investing - Theory, News & General
Topic: Other Portfolios that aren't 3 fund
Replies: 59
Views: 9811

Re: Other Portfolios that aren't 3 fund

Pick a diversified portfolio you stick with in bull and bear markets. Invest automatically and regularly. Rebalance occasionally if needed. Then enjoy your life.
by 3wood
Wed Sep 26, 2018 4:41 pm
Forum: Personal Investments
Topic: Does it make sense to own two different total stock index funds?
Replies: 22
Views: 1819

Re: Does it make sense to own two different total stock index funds?

I have a 401k that offers a total stock market index fun, but what if I wanted to also add a total stock market index fund to my Roth IRA? Would it be crazy to choose a different total stock market index fund for my Roth IRA that might offer a lower exp ratio? Should I just continue to invest in th...
by 3wood
Wed Sep 26, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111816

Re: How much money do you want to retire?

After reading through this interesting thread it occurred to me that a better question would have been what are your expected retirement expenses and what sources of income will you use to cover them. There are so many different ways to get there. I replied on the 2nd page of this thread that I need...
by 3wood
Tue Aug 28, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: How do you 7 figure guys organize multiple accounts?
Replies: 164
Views: 13437

Re: How do you 7 figure guys organize multiple accounts?

I use Vanguard. They have the option to enter outside accounts. Every month or so I manually update them.
by 3wood
Thu Aug 16, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5054
Views: 1298182

Re: What Movie Have You Recently Watched?

Ninth Gate. I’ve always liked that movie.
by 3wood
Mon Aug 06, 2018 8:52 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 19788

Re: "Age in Bonds" fails almost everyone

Could it be that using age as a consideration at all is questionable? I mean, if we project expenses and try to come up with a number for retirement shouldn't we use the size of the portfolio to decide when to increase % of bonds. For example: we decide we need $5 million for retirement. 0 - $2mm = ...
by 3wood
Tue Jul 31, 2018 9:35 pm
Forum: Personal Consumer Issues
Topic: Am I being ripped off by my dentist and/or insurance company?
Replies: 23
Views: 2154

Re: Am I being ripped off by my dentist and/or insurance company?

Dentist here. Yes, as other posters have mentioned a 50% copay on a crown is pretty typical for many insurance companies. If you are going to an in network provider the fee schedule is set by the insurance company. It is actually fraud for a dentist to not charge you the copay. Technically the pt is...
by 3wood
Sat Jul 28, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: Jonathan Clements blog - Argues for all-in-one fund
Replies: 21
Views: 4461

Re: Jonathan Clements blog - Argues for all-in-one fund

I figured this out more than 10 years ago. Vanguard 2035. DCA through the good times and bad. Many of the reasons he sited I have found to be true. Another more personal benefit I realized during the great recession. When things got real bad and the media was non stop gloom and doom I just didn't lo...
by 3wood
Tue Jul 24, 2018 8:53 pm
Forum: Personal Consumer Issues
Topic: What investment/finance book to read next
Replies: 21
Views: 1461

Re: What investment/finance book to read next

Highly recommend Geometry of Wealth by Portnoy.
by 3wood
Sun Feb 25, 2018 9:02 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 11416

Re: Blasphemy... DO PEEK!

I will look as long as the share price is increasing. I will avoid looking in corrections or bear markets. I make a mental note of the share price and go from there. Since I am 98% in Vanguard 2035 fund it's easy to do. Back in '08 I didn't look at my account for well over a year (maybe 2, I forget)...
by 3wood
Tue Feb 06, 2018 4:16 pm
Forum: Investing - Theory, News & General
Topic: "A Target-Date Fund Series Wins Gold"
Replies: 35
Views: 5034

Re: "A Target-Date Fund Series Wins Gold"

Thanks for your insights, Taylor. I am not an expert but have been interested in personal finance for years with many books under my belt. After all that self education my tax deferred and tax advantaged accounts are in Vanguard Target date funds. :sharebeer
by 3wood
Tue Jan 30, 2018 9:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12601
Views: 2182153

Re: U.S. stocks in freefall

Sent in my funds last week to my non deductible IRA ($5500 in MM fund) and will do my backdoor Roth tomorrow into Vanguard 2035 fund. Maybe I should write a book on how to time the market? :beer :D
by 3wood
Tue Dec 26, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 65
Views: 16151

Re: Do any of you follow Bob Brinker?

My old boss followed him and went in heavily on Vodaphone on Brinker's recommendation in the late 90's. Did not do well and sold for a loss a few years later. Not sure he recommends individual stocks anymore.
by 3wood
Tue Dec 12, 2017 2:54 pm
Forum: Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 49
Views: 4326

Re: Play money individual stocks, which ones?

After years of never owning an individual stock I bought two small biotech companies as a speculative investment. As of now, they represent less than 1% of my portfolio so there is no risk of it affecting my retirement plans. I might add some more on dips and hope they are sitting on the next blockb...
by 3wood
Sun Dec 10, 2017 7:46 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 21420

Re: Save all this money, what do you splurge on?

Country club.
Dining out.
Vacations.
I am not looking to be the richest guy buried in the cemetery.
by 3wood
Mon Oct 16, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 22873

Re: How does everyone keep track of your portfolio?

I use Vanguard. It has an option of inputting outside investments. I just alter the number of shares when there is a change.
by 3wood
Thu Aug 31, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: 2 comma club (my way)!!
Replies: 60
Views: 13772

Re: 2 comma club (my way)!!

Congrats. I am in a very similar situation you were in a couple of years ago. I am 46 and just got into the 2 comma club in investable assets earlier this year. Amazing that you made the next million in only 2 years. Can you share what you are saving per year and your asset allocation?
by 3wood
Sun Aug 20, 2017 11:46 am
Forum: Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 21538

Re: Lost $7000 today in ONE DAY!

The trick is to avoid looking at your balance on down days. Only do this when the market is at highs. This advice has worked for me and while I can guess how much I'm down I don't know the real balance because I avoid looking. Focus on the income that you get with your investments. I take comfort i...
by 3wood
Thu Aug 10, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 168
Views: 21719

Re: What Percentage CASH are you?

6%. Not sure why but it has worked out that way. Just an emotional need to see a certain $ amount in cash.
by 3wood
Mon Aug 07, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Time to leave our dentist??
Replies: 54
Views: 8510

Re: Time to leave our dentist??

I have read through the responses here and hope that no-one reading this uses ANY of the information in the comments to make a decision about their dental health (except for YoungDentist, good job). There is so much misinformation and ignorance it is mind blowing. First off, to the op, no-one, not e...
by 3wood
Wed Aug 02, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 111816

Re: How much money do you need to retire?

45 and shooting for $4mm.
by 3wood
Wed Aug 02, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 12732

Re: How to calculate your retirement number

Shouldn't we be characterizing our expenses based on need? For example, Level 1: basic expenses because we want shelter and food Level 2:, entertainment expenses like movies and dining out Level 3: frivolous expenses like travel, country clubs and boating. Fill in your own examples and levels. The p...
by 3wood
Tue Aug 01, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital without giving them my passwords: worth it?
Replies: 28
Views: 4138

Re: Personal Capital without giving them my passwords: worth it?

I just do it on the Vanguard site. It has an area you can enter outside investments. Just plug it in after each paycheck. Nice thing is it will evaluate and analyze your asset allocation on the entire portfolio. Using the app makes it even easier.
by 3wood
Sun Jun 25, 2017 9:18 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 10079

Re: Your Favorite Vanguard Fund

Vanguard Target Date 2035. Simplicity at it's best. :happy
by 3wood
Sat May 20, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 17844

Re: For those with $500k-$1m in investments...

80% tax deferred
10% tax advantaged
10% taxable
by 3wood
Wed May 17, 2017 9:00 pm
Forum: Investing - Theory, News & General
Topic: "the Truth About Your Future" - Ric Edelman's new book
Replies: 27
Views: 9850

Re: "the Truth About Your Future" - Ric Edelman's new book

Just read the book and it was interesting to read about how technology might impact us in the future. I couldn't help but think that I am in a fine position with my well diversified Vanguard target date fund. Companies that will become tomorrow's leaders will be represented and those that don't make...
by 3wood
Sun Apr 23, 2017 7:42 pm
Forum: Personal Consumer Issues
Topic: Orlando Disneyland advice
Replies: 21
Views: 2609

Re: Orlando Disneyland advice

I just got back from my second Disney trip. Personally, I wouldn't do it without a knowledgeable travel agent. There are also so many things to do before the trip you need to be well informed. Planning the trip with reservations to the restaurants you want, character meals, fast passes, etc happens ...
by 3wood
Fri Mar 24, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Date Funds
Replies: 27
Views: 6710

Re: Vanguard Target Date Funds

Fully agree. Thanks to you and the other Bogleheads that are so generous with their time and knowledge.
by 3wood
Thu Mar 23, 2017 8:40 pm
Forum: Investing - Theory, News & General
Topic: Data request: % of 401K dollars in Target Date Funds
Replies: 7
Views: 1191

Re: Data request: % of 401K dollars in Target Date Funds

It's a good option. It has reasonable expenses (0,16%) A nice balance, low maintenance. I have mine in 2045. It is a great option for people who are investing laymen. It's even a good option for those of us who have been reading about personal finance for years. I own a small business and offer a 4...
by 3wood
Wed Mar 15, 2017 7:24 am
Forum: Personal Consumer Issues
Topic: Cost of Dental Implant
Replies: 81
Views: 11212

Re: Cost of Dental Implant

An 'All on 4' procedure replaces all the teeth in an arch (all top or bottom teeth) with implants and a fixed prosthetic. For many patients, they get to walk out of surgery with the temp attached to the newly placed implants so some have called the procedure 'teeth in a day'. Sometimes more than 4 i...
by 3wood
Tue Mar 14, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Did I Buy Too Much Home?!?!?!
Replies: 42
Views: 6508

Re: Did I Buy Too Much Home?!?!?!

From the info you gave the answer is probably yes. Sounds similar to my situation. I have a few questions though. How stable are your jobs? What would happen if one of you lost your job? Is the need to relocate possible? What if there was an unfortunate event like death or disability of you or your ...