Search found 492 matches

by CoAndy
Mon Apr 16, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10953

Re: Can I retire at age 40?

Yes you can. No you should not. You have another twenty productive years ahead of you. Now just get out there and show everyone that "yes you can" retire AT SIXTY. Good luck, y gracias por leer ~cfs~ "Work until you're 60 just because you're physically able, even if you have the money to retire"?? ...
by CoAndy
Mon Apr 16, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 7856

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

The only way I would feel comfortable in such a scenario would be if I also had a little extra money (say, $150k) in a high yield savings account or CD ladder to pull from for a few months in certain years in which the markets are choppy.
by CoAndy
Mon Apr 16, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10953

Re: Can I retire at age 40?

I would say no but you should definitely be able to go when you're 45. Still a very young age to retire.
by CoAndy
Thu Apr 12, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: 29 YO With a big windfall. Invest or Pay off the mortgage?
Replies: 17
Views: 2411

Re: 29 YO With a big windfall. Invest or Pay off the mortgage?

How about 50% 50% ? If the cost of re-casting is low ($200?) I would go for that but would keep paying at the same rate if possible. Plus - how about taking 10% to live a little ? (so, 45% toward the mortgage, 45% for taxable equities, 10% to live a little) :happy Best wishes, :) 4803. I enjoy this...
by CoAndy
Thu Apr 12, 2018 11:01 am
Forum: Investing - Theory, News & General
Topic: Bull Market Timing
Replies: 60
Views: 4385

Re: Bull Market Timing

OP I have spent a lot of time reading journals on the early retirement Extreme forum and I cannot tell you how many times I have read investors stating that "valuations are too high so putting new money into cash" or "sitting on cash, waiting for the overdue drop". These were in 2013. Have read vari...
by CoAndy
Mon Apr 02, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Sad because I did not know what I was doing with inheritance
Replies: 31
Views: 5438

Re: Sad because I did not know what I was doing with inheritance

I often am sad when I think of the money I lost in 2008 with the inheritance I received. My sister and I both received a very nice inheritance upon the death of both our parents. Let it be known, we would rather have them here with us, than have the money. Back in 2008, I had no idea what I was doi...
by CoAndy
Mon Apr 02, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6392
Views: 1370974

Re: U.S. stocks in freefall

Well, TimeLord posted a thread a couple months ago asking if anyone else was tired of the market going up. Wonder what his thoughts are right about now?
by CoAndy
Mon Mar 26, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: Can pension systems etc. stomach a possible coming decade of low returns?
Replies: 25
Views: 2217

Re: Can pension system etc. stomach the coming decade of low returns?

The pensions have been struggling even with good market returns! Their greatest problem is not market returns, but rather under-funding and lack of oversight, and unrealistic expectations. Although my company has been stable since the 1870's, and is probably going to be here another 100 years, I st...
by CoAndy
Fri Mar 23, 2018 1:36 am
Forum: Personal Consumer Issues
Topic: New vs Used Camry vs Accord
Replies: 64
Views: 3703

Re: New vs Used Camry vs Accord

Might as well throw my $.02 in. Bought a new 2012 Accord in November 2011. Currently have 73k miles on it. The car has been nothing short of perfect so far.
by CoAndy
Fri Mar 23, 2018 1:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6392
Views: 1370974

Re: U.S. stocks in freefall

munemaker wrote:
Thu Mar 22, 2018 3:06 pm
CoAndy wrote:
Thu Mar 22, 2018 2:51 pm
Just got back in the office and checked the market.... :shock:
You should have just blown off the day and gone home.
Next time I will know better. :oops:
by CoAndy
Thu Mar 22, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6392
Views: 1370974

Re: U.S. stocks in freefall

Just got back in the office and checked the market.... :shock:
by CoAndy
Thu Mar 22, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Much gratitude!
Replies: 5
Views: 471

Re: Much gratitude!

That's amazing! Congratulations! Any plans to celebrate?
by CoAndy
Sat Mar 17, 2018 12:04 am
Forum: Investing - Help with Personal Investments
Topic: Am I handling this windfall correctly?
Replies: 39
Views: 4489

Re: Am I handling this windfall correctly?

I think your plan looks just fine. Do you have any plans to purchase a home anytime soon?
by CoAndy
Fri Mar 09, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: Contribution Amounts...Percentage vs Specific
Replies: 15
Views: 765

Re: Contribution Amounts...Percentage vs Specific

I am able to select a dollar amount or a percentage. I keep mine at 15% throughout the year! which is a bit under the max. I also contribute a certain higher dollar amount when I have a lot of overtime or when cashing out unused vacation time.
by CoAndy
Thu Mar 08, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Stuck - what to do with lump sum severance
Replies: 11
Views: 1080

Re: Stuck - what to do with lump sum severance

I agree 100% with what Meg says. That is a great use of that money.
by CoAndy
Thu Mar 08, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking multiple savings goals in one account
Replies: 13
Views: 778

Re: Tracking multiple savings goals in one account

I just have a few different savings accounts for different goals. Right now, I have Emergency Fund, Vacation Fund, and Home Improvement/Repairs Fund. Will open a New Car Fund soon. Current car (Honda Accord) only has 72k miles so I won't be looking to get a new vehicle for at least 3-5 years.
by CoAndy
Mon Mar 05, 2018 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: Cash in Preretirement Phase
Replies: 5
Views: 596

Re: Cash in Preretirement Phase

Do they have a mortgage?
by CoAndy
Mon Mar 05, 2018 6:08 pm
Forum: Personal Consumer Issues
Topic: Which car, Porsche Cayenne or Volvo XC90?
Replies: 71
Views: 5543

Re: Which car, Porsche Cayenne or Volvo XC90?

Corvette Stingray Grand Sport. :sharebeer
by CoAndy
Mon Feb 26, 2018 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay down first?
Replies: 30
Views: 1544

Re: Which debt to pay down first?

Toons wrote:
Sun Feb 25, 2018 5:27 pm
One at a time.
Smallest first.
Start with the school loan.
Every penny you can come up with.






:idea: :idea:
What he said.
by CoAndy
Mon Feb 26, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9356

Re: Blasphemy... DO PEEK!

I only look every other Friday after payroll contributions are deposited. Though when the market is on a particularly nice run I do peek sometimes. I never do when the market is dropping.
by CoAndy
Mon Feb 26, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Personal rules for buying in a down market?
Replies: 55
Views: 3999

Re: Personal rules for buying in a down market?

I just continue to buy regardless. Though this last downturn, I threw $3,000 from my Stable Value fund to T. Rowe Price Growth Stock and $1,000 to Fidelity Total Market. Just because...
by CoAndy
Wed Feb 21, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: How am I really doing for retirement savings?
Replies: 45
Views: 4457

Re: How am I really doing for retirement savings?

I think you can absolutely go to the minimum savings amount of $21,000 a year. Though it is hard to say for sure without knowing how much you want to spend per year when retired and at what age you want to retire. In other words, if you want to retire in 3 or 4 years, then obviously cutting the savi...
by CoAndy
Mon Feb 19, 2018 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: VAIPX/TIPS: To sell or not to sell
Replies: 14
Views: 1028

Re: VAIPX/TIPS: To sell or not to sell

I think I have the same question. I began buying VAIPX several years ago when QE began with the expectation that inflation would increase. That prediction was an epic fail. I currently have this fund as about 17% of my 457 and am wondering if I should make a move. Currently only contributing 5% to t...
by CoAndy
Wed Feb 14, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: What to do with additional funds?
Replies: 3
Views: 287

Re: What to do with additional funds?

Personally, I would halt the 529 contributions, max out your 401(k), and continue to pay off the mortgage. With no house payment, cash flowing college might be an option. Or in 4-5 years when you are mortgage free, simply invest the $1,000 a month you were paying to the mortgage into the 529 plans. ...
by CoAndy
Wed Feb 14, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1369

Re: When to pay off debt instead of invest?

I would personally pay down the mortgage.
by CoAndy
Wed Feb 14, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 10723

Re: Honda vs. Toyota: Which has more bang for the buck?

I agree you can't go wrong either way. I personally have a 2012 Honda Accord with 72k miles and have not had a single issue. Though I have heard and read nothing but great things about the Camry as well.
by CoAndy
Mon Feb 05, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 16309

Re: Blood in the water- buying?

So this is the general premise, that when there is blood in the water you buy your investments. How many have done this in the last three trading days? How many were actually sitting on enough cash to do so? Especially considering that so many here are not advocates of holding large cash positions ...
by CoAndy
Mon Feb 05, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 374
Views: 46154

Re: Flaunt Your High-Mileage Car

CoAndy wrote:
Thu Sep 07, 2017 2:13 pm
Thought I would bring this thread back to life so see some new inspiring high mileage vehicles!

2012 Honda Accord. 66k miles. 100% trouble free to date...
2012 Honda Accord 71k miles. Still 100% trouble free. Not high mileage yet but will be in a few years. What a great car this has been.
by CoAndy
Mon Feb 05, 2018 1:28 am
Forum: Personal Consumer Issues
Topic: Cigar buying help
Replies: 39
Views: 2241

Re: Cigar buying help

I recommend CAO Box Press, and most of the Rocky Patel Line: Decade, 1990, 1992, Olde World Reserve Corojo.
by CoAndy
Fri Feb 02, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6392
Views: 1370974

Re: U.S. stocks in freefall

My 401K contribution goes in tomorrow. This is awesome news! If it's troubled water ahead, just be careful what you wish for. Nope, not worried. Stay the course. I have a 50-year horizon. If it dropped 50% tomorrow and I lost my job, we’d still be fine for years. I'm admittedly a total novice, but ...
by CoAndy
Tue Jan 30, 2018 1:25 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4363

Re: Happy Birthday, Taylor!

Happy Birthday Taylor! Thank you for all you have done and all you continue to do. :sharebeer
by CoAndy
Mon Jan 22, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dust is settling.. feedback on what's next
Replies: 17
Views: 2040

Re: Dust is settling.. feedback on what's next

I would use $17,000 from your cash holdings and pay off both student loans. This would leave you with $60,000. I would then keep doing what you're doing. I personally would throw a little extra toward the mortgage; say, an extra $300 per month perhaps.
by CoAndy
Fri Jan 19, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 2982

Re: Help Me Spend $900.00 Unused FSA Dollars

Does anybody in the family have any dental related items? I have found that nothing eats up my FSA balance quite like a trip to the dentist or two.
by CoAndy
Fri Jan 19, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Prioritizing loans vs savings vs investments
Replies: 11
Views: 701

Re: Prioritizing loans vs savings vs investments

Personally, going with the information you provided, I would sell the property and bank the money to earmark for when you move. I would also pay down those two student loans (the $2.5k, and 2.6k) as soon as possible. Just getting rid of those will simplify things a bit. Are you planning on buying a ...
by CoAndy
Wed Jan 17, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 1677

Re: Recent market gains

Nobody knows nothing. But, Miss Market likes the good news, i.e. Tim Cook announcing today that Apple is bringing MUCHOS billions of dollars currently parked overseas back to the USA and creating MUCHOS jobs in the good ole USA. Best thing to do is to ignore all the noise [otherwise you will go ins...
by CoAndy
Fri Dec 29, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to average 7% in $1M+ 401K for next 10 years
Replies: 29
Views: 2899

Re: Best way to average 7% in $1M+ 401K for next 10 years

To average 7% per year for the next 10 years on top of what the market has done over the last several years sounds like a pipe dream. Though it would be nice and one never knows...
by CoAndy
Fri Dec 22, 2017 10:44 am
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 6002

Re: Who missed out on maximizing 401k?

Only managed $12,410.74 with a company match of $2,154.65. Though in January company did a vacation time buy back and deposited $10,700 in my 401(k). Total for the year: $25,265.39. Only wish I could do that every year....
by CoAndy
Fri Dec 22, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7752

Re: Saving for the crash

There are several people who posted about a year ago that they were "retreating to cash" due to instability. 20%+ gains later, when do they get back in? Hence the problem...when to get out and when to get in?
by CoAndy
Mon Dec 04, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 331
Views: 58279

Re: Retreat to cash

:oops:
by CoAndy
Tue Nov 14, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: 35 yr-old doc needs some wisdom
Replies: 49
Views: 11317

Re: 35 yr-old doc needs some wisdom

Thanks for the update OP. Did you pay off your student loans? I am assuming so since they are not listed. Great job!
by CoAndy
Fri Nov 10, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 14033

Re: Why make more money?

What do you mean when you say people who retire early are subsidized by those who continue to work? I was speaking in terms of the MMM followers who retire very young and claim to live and raise children on $30K to $40K a year in total expenditure. I pay $25K a year in health insurance alone for a ...
by CoAndy
Tue Nov 07, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 10938

Re: Disposable income... how?

Stop keeping up with the Joneses! They're broke! Some people define "Can I afford this?" differently. - Can I afford the monthly payments on my credit card? - Can I pay off the credit card within the month? - Can I pay it in cash without putting it on my credit card? - Can I pay for it in cash afte...
by CoAndy
Thu Oct 19, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate my finances pls! - 23 years old
Replies: 8
Views: 1036

Re: Help me evaluate my finances pls! - 23 years old

I think everything looks pretty good except the $700 a month food budget. I would at the very least, cut that down to $400 (which is still a lot for one person). If you do that, you can greatly increase your 401(k) contribution.
by CoAndy
Mon Oct 16, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2972
Views: 916204

Re: What Book Are You Currently Reading? Part VI

Recently finished: 1. Supreme Justice by Phillip Margolin Brad Miller and Dana Cutler series, Book 2 Brad is clerking for a Justice on the Supreme Court who is the victim of an assassination attempt. The hit appeared related to a death row case in Oregon and a "ghost ship" tied to TLA (three-letter...
by CoAndy
Mon Oct 16, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2972
Views: 916204

Re: What Book Are You Currently Reading? Part VI

"The Strange Death of Europe" by Douglas Murray.
by CoAndy
Sun Oct 15, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8717

Re: What are you driving? And would you buy your current ride again?

I have a 2012 Honda Accord with 67k miles. It has been 100% problem free (except for the annoying TPM light that comes on when it gets below 30 degrees, which happens a lot here). While I would absolutely buy it again, I probably wont buy another because I have a need for speed that this car does no...
by CoAndy
Fri Oct 13, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 8712

Re: How many miles/years do you keep your car?

I bought my 2012 Honda Accord in November 2011. Currently have 67k problem free miles. I would love to get something a bit sportier but can't get past the foolishness of doing that right now. I will drive this car 4 more years and then get something really nice. Though there is a part of me that wou...
by CoAndy
Thu Oct 05, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2650

Re: Where do you think the money will come from to move the overall market higher?

I wonder about this too, although for a slightly different reason. Total student loan debt in this country: $1,400,000,000,000.00 Total credit card debt in this country: $1,000,000,000,000.00 Total auto loan debt in this country: $1,000,000,000,000.00 And all are growing. This can't possibly end wel...
by CoAndy
Fri Sep 29, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Weird, meaningless, but fun net worth threshold!
Replies: 13
Views: 2889

Re: Weird, meaningless, but fun net worth threshold!

Great job! Keep plugging away.

I am looking forward to a weird milestone as well and that is when my 401(k) balance exceeds my mortgage balance. That day is coming soon!
by CoAndy
Fri Sep 29, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house? ("Small Law" edition)
Replies: 19
Views: 2613

Re: Can we afford this house? ("Small Law" edition)

I thought you would be just fine until I saw those $1,200 a month in property taxes. That made my spider sense tingle.