Search found 595 matches

by CoAndy
Wed Jul 01, 2020 2:07 pm
Forum: Investing - Theory, News & General
Topic: How to analyze having a paid-off mortgage in retirement?
Replies: 41
Views: 2262

Re: How to analyze having a paid-off mortgage in retirement?

Also, if one has to pull a lot more from their portfolio as they otherwise would because they still have a mortgage payment, that would increase their taxable income thus placing them in a higher tax bracket. That could also have implications in other areas (health insurance for example).
by CoAndy
Wed Jul 01, 2020 1:50 pm
Forum: Personal Investments
Topic: Recommendation on investing extra cash
Replies: 8
Views: 664

Re: Recommendation on investing extra cash

When do you think you might need this money?
by CoAndy
Sat Jun 27, 2020 10:10 am
Forum: Investing - Theory, News & General
Topic: Investing vs working
Replies: 67
Views: 5192

Re: Investing vs working

If there's a tipping point where one makes more investing than from labor it's likely nowhere near the median here in the US. I'm mid-50s, fairly close to a median earner, and also close to average investment holdings for my age (likely above the median, though -- I'm not sure even half of adults i...
by CoAndy
Sat Jun 13, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: $120,000 in credit card debt
Replies: 72
Views: 9548

Re: $120,000 in credit card debt

What's your household income? If income is decent, I would pay off all the debt, sock the remaining $5k as your emergency fund, and add to that until you get it to what it needs to be.
by CoAndy
Mon Jun 01, 2020 12:10 pm
Forum: Personal Investments
Topic: Help checking over retirement path plan
Replies: 5
Views: 689

Re: Help checking over retirement path plan

Looks like you are doing all you can at the moment. Anyway to get your expenses a bit lower? That will allow for extra savings and ultimately a slightly smaller nest egg needed in the future.
by CoAndy
Fri May 29, 2020 3:55 pm
Forum: Personal Investments
Topic: Am I panicking or being prudent?
Replies: 68
Views: 6734

Re: Am I panicking or being prudent?

What about moving half your portfolio to cash and keeping the other half invested at 60/40?
by CoAndy
Thu May 28, 2020 8:53 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31147

Re: The axe falls and I am prepared. What's next?

Just wanted to say good luck to you and I hope to continue to enjoy reading your posts and advice for years to come.
Well done sir.
by CoAndy
Wed May 27, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: How to avoid tinkering?
Replies: 40
Views: 2165

Re: How to avoid tinkering?

Personally, I noticed that since I moved my entire 401(k) into a target retirement fund (2035) a few years ago, I have done zero tinkering with it. However, I have tinkered often with my 457, which is spread out over 4 different funds.
by CoAndy
Sat May 16, 2020 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Companies that have a pension and 401k?
Replies: 63
Views: 3571

Re: Companies that have a pension and 401k?

My employer offers a pension, 401(k) with a match, and a 457.
by CoAndy
Fri Apr 17, 2020 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: $1M home purchase - can we afford it?
Replies: 74
Views: 6942

Re: $1M home purchase - can we afford it?

I think $1M is a little steep. I think I would go no higher than $800K.
by CoAndy
Fri Apr 17, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Press Release 4/16/20– Vanguard Closes Treasury Money Market Fund to New Investors
Replies: 46
Views: 4203

Re: Press Release 4/16/20– Vanguard Closes Treasury Money Market Fund to New Investors

This and Fidelity Total Bond is where I hold my fixed income in my 457 plan. I might have to reconsider some things.
by CoAndy
Fri Apr 17, 2020 3:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6386
Views: 539671

Re: U.S. stocks continue to soar!

ANyone know what % the market is down since this whole thing began?
by CoAndy
Thu Apr 16, 2020 3:18 pm
Forum: Personal Investments
Topic: VUSXX vs FDIC Bank Accounts
Replies: 29
Views: 2178

Re: VUSXX vs FDIC Bank Accounts

Pardon my ignorance, but isn't the yield on VUSXX 1.89% right now? According to the Vanguard website, the "7 day SEC yield" is .65%. I believe this is the proper rate to compare to other options. Regards, https://investor.vanguard.com/mutual-funds/profile/VUSXX Thank you for that. I had checked Mar...
by CoAndy
Wed Apr 15, 2020 4:25 pm
Forum: Personal Investments
Topic: VUSXX vs FDIC Bank Accounts
Replies: 29
Views: 2178

Re: VUSXX vs FDIC Bank Accounts

Pardon my ignorance, but isn't the yield on VUSXX 1.89% right now?
by CoAndy
Mon Apr 13, 2020 8:46 am
Forum: Personal Consumer Issues
Topic: Bird watchers – what birds are you seeing?
Replies: 492
Views: 17767

Re: Bird watchers – what birds are you seeing?

We have been seeing chickadees, doves, robins, and a very large Blue Jay. Very pretty bird but seems to be a bit of a bully. Interesting that our bird feeders got lots of visits yesterday despite the 20 degree temperature and snow. Got about 6 inches of snow now and it's still coming down. I guess t...
by CoAndy
Fri Apr 10, 2020 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: 32 year old couple w/newborn checkup
Replies: 23
Views: 1694

Re: 32 year old couple w/newborn checkup

I think overall you're doing great, though I would reduce the personal spending by a couple hundred each and use that to pay your debt down.
by CoAndy
Thu Apr 09, 2020 9:55 pm
Forum: Personal Consumer Issues
Topic: What Non-Finance Forums?
Replies: 19
Views: 1592

Re: What Non-Finance Forums?

I enjoy the Corvette Forum. I need to find a good workout forum, preferably emphasizing CrossFit.
by CoAndy
Wed Apr 08, 2020 12:24 pm
Forum: Investing - Theory, News & General
Topic: 401K and IRA millionaires - Fido vs Vang, Pre/Post Covid
Replies: 14
Views: 1588

Re: 401K and IRA millionaires - Fido vs Vang, Pre/Post Covid

What's sad is that the average salary for Fidelity millionaires is $339,600, but their balance is only $1,462,000. That's only saving $7200 a year (~2% of their income) with an 8% return. Granted this only shows 401k and may/probably have money elsewhere. I was surprised by that figure. I would hav...
by CoAndy
Mon Apr 06, 2020 5:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19245
Views: 2670957

Re: U.S. stocks in free fall

:sharebeer
by CoAndy
Mon Apr 06, 2020 2:59 pm
Forum: Personal Investments
Topic: Should I pay off my mortgage?
Replies: 17
Views: 1331

Re: Should I pay off my mortgage?

I sure would.
by CoAndy
Mon Apr 06, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16528

Re: What percentage of your paycheck do you invest?

I am currently doing:
3% to 401(k) with a 3% company match.
12% to 457.
3% Pension contribution.
Goal is to max out both the 401 and 457 by the end of next year. Getting ready to bump contributions to the 457 to 14% right now as I just got a small raise. :sharebeer
by CoAndy
Sun Apr 05, 2020 10:15 am
Forum: Personal Consumer Issues
Topic: What will you do first, once COVID pandemic is over?
Replies: 271
Views: 17378

Re: What will you do first, once COVID pandemic is over?

KlingKlang wrote:
Sat Mar 28, 2020 3:53 pm
Go to my barber for a shave and a haircut.
Yes! absolutely yes!
by CoAndy
Fri Apr 03, 2020 8:38 pm
Forum: Personal Investments
Topic: Blessed with a large bonus.. Save or Invest???
Replies: 37
Views: 3403

Re: Blessed with a large bonus.. Save or Invest???

absolute zero wrote:
Fri Apr 03, 2020 7:27 pm
Given your solid financial position, I don’t think the pandemic really factors into this decision.

I’d pay off the mortgage then invest the rest according to your 70/30 target allocation.
Yep.
by CoAndy
Fri Apr 03, 2020 8:43 am
Forum: Personal Consumer Issues
Topic: Should I keep paying fitness center fees while it is closed?
Replies: 114
Views: 6309

Re: Should I keep paying fitness center fees while it is closed?

The owner at my CrossFit gym have allowed members to take equipment home with them in order to keep working out. The owners are great, the people who workout there are great, so I am going to continue to support them as long as I can.
by CoAndy
Sun Mar 29, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Replies: 206
Views: 21326

Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?

Maybe divide your cash? Half into a 6 month CD and the other half in a 12 month CD. I am assuming this is a large amount so maybe you can qualify for jumbo rates.
by CoAndy
Sat Mar 21, 2020 2:59 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18127

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

All due respect, it is investors such as yourself that cause the market to tank when things are grim and expand when things are good. Buy high sell low. If it weren't for the buy high sell low crowd the market would be more stable. While we didn't know this was coming, the prospect of a pandemic wa...
by CoAndy
Sat Mar 21, 2020 11:31 am
Forum: Investing - Theory, News & General
Topic: Is it really that bad?
Replies: 96
Views: 8100

Re: Is it really that bad?

Yes, it really is that bad. The fear has spread far faster than the hysteria. The over reaction and media response has done more damage to people and jobs and the economy than the virus itself. I agree. I said a few weeks ago that I fear the reaction to the virus a lot more than the virus itself. D...
by CoAndy
Sat Mar 21, 2020 10:58 am
Forum: Investing - Theory, News & General
Topic: Is it really that bad?
Replies: 96
Views: 8100

Re: Is it really that bad?

Yes, it really is that bad. The fear has spread far faster than the hysteria. The over reaction and media response has done more damage to people and jobs and the economy than the virus itself. I agree. I said a few weeks ago that I fear the reaction to the virus a lot more than the virus itself.
by CoAndy
Thu Mar 19, 2020 12:01 pm
Forum: Personal Consumer Issues
Topic: This market downturn has gotten to me...
Replies: 9
Views: 2131

Re: This market downturn has gotten to me...

As a self-employed person, this week I've been doing pretty much nothing except browsing the web about the market and the virus, dwelling on the whatifs and feeling sorry for myself, when I'm supposed to work, learn, keep bettering myself, and enjoy my leisure time. :oops: :oops: :oops: Is anyone t...
by CoAndy
Wed Mar 11, 2020 9:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19245
Views: 2670957

Re: U.S. stocks in free fall

Not really. I'm trying to divest myself from emotions about all of this. We're about to triple our investment contributions, and our current portfolio is only about one-sixth of what I'd like to retire with, so most of our investment future is hopefully in front of us. But beyond that, I'm no longe...
by CoAndy
Wed Mar 11, 2020 4:01 pm
Forum: Investing - Theory, News & General
Topic: Well, I am market timing due to coronavirus... Wish me luck.
Replies: 1220
Views: 107187

Re: Well, I am market timing due to coronavirus... Wish me luck.

I think your move was a really good one. You have already missed out on a big decline. Buying back in slowly now is probably as good a decision as any other.
by CoAndy
Wed Feb 19, 2020 9:56 am
Forum: Personal Investments
Topic: New high income earner
Replies: 36
Views: 4766

Re: New high income earner

jharkin wrote:
Wed Feb 19, 2020 8:49 am
KyleAAA wrote:
Mon Feb 17, 2020 10:27 pm
No need for an expert. In the grand scheme of things, that’s not a particularly high income.
Agreed he can DIY... but on what planet is 800k (over 10x the USA median), not a high income?
I thought the same thing. :shock:
by CoAndy
Thu Feb 06, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Couples w/ kids: What is/was the most expensive time period of your life?
Replies: 145
Views: 12061

Re: Couples w/ kids: What is/was the most expensive time period of your life?

OP, Not the answer that you are looking for. I save 1 year of my expenses every year. Then, I spend the rest. So, my expense did not change since I cannot spend what I do not have. The only exception is when the kids go to college. Then, I use my annual savings to pay for a college education. I sav...
by CoAndy
Mon Feb 03, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Tax withholding, why do we owe so much?
Replies: 22
Views: 2304

Re: Tax withholding, why do we owe so much?

That is a massive income. How much did you save in tax deferring vehicles, such as 401(k), 457, HSA, etc.?
by CoAndy
Wed Jan 29, 2020 10:40 am
Forum: Personal Consumer Issues
Topic: I have a question for those in early FIRE or planning on early FIRE
Replies: 81
Views: 8304

Re: I have a question for those in early FIRE or planning on early FIRE

I am looking forward to sleeping in, a long leisurely break fast and coffee on the deck (half the year; in front of the fire the rest of the year), enjoying not commuting in rush hour traffic, taking the dog on long hikes with my wife, joined a CrossFit gym last year and would love to increase worko...
by CoAndy
Mon Jan 27, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can I spend on a car?
Replies: 59
Views: 5351

Re: How much money can I spend on a car?

How about a new Corvette Stingray for $60k? Save yourself a hundred grand.
by CoAndy
Thu Jan 23, 2020 5:14 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 27054

Re: Sad news: LadyGeek's husband has passed

So sorry. God Bless you during this difficult time.
by CoAndy
Tue Dec 17, 2019 4:49 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 153
Views: 17706

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

Personally, my 401(k) is about 75/25. My 457 is about 50-50, but moving toward 30/70 as I hope to tap that for early retirement.
by CoAndy
Tue Dec 17, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90048

Re: Flaunt Your High-Mileage Car

2012 Honda Accord. 98.5k problem free miles. The longest I have ever driven a car. Strangely looking forward to crossing the 100k mark in January.
by CoAndy
Sat Dec 07, 2019 1:26 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5546
Views: 1358605

Re: What Movie Have You Recently Watched?

Watched "The Irishman" last night on Netflix. Was pretty good.
by CoAndy
Sat Nov 23, 2019 12:10 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90048

Re: Flaunt Your High-Mileage Car

2012 Honda Accord. Now 97k trouble free miles.
by CoAndy
Fri Nov 01, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90048

Re: Flaunt Your High-Mileage Car

Should get there by the end of January. Semi high miles right now I guess
by CoAndy
Fri Nov 01, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 90048

Re: Flaunt Your High-Mileage Car

Time to resurrect this thread.

2012 Honda Accord. 96k miles. $0 spent on repairs so far. 100% issue free.
by CoAndy
Tue Oct 29, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: 38y/o requesting feedback regarding debt reduction plan and taxable investing
Replies: 15
Views: 1698

Re: 38y/o requesting feedback regarding debt reduction plan and taxable investing

You could move a portion of that $200k to a CD and get at least 2%. Maybe a tad bit more.
by CoAndy
Fri Oct 11, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: What’s the proper way to pay yourself in retirement?
Replies: 66
Views: 9113

Re: What’s the proper way to pay yourself in retirement?

There is no best or proper way. It would be a matter of opinion. I plan on not reinvesting dividends or interest or capital gains, which this year will be 7/12 of my planned retirement income. Prior to Social Security, I will sell monthly holdings to provide the other 5/12s, for a period of 6 month...
by CoAndy
Fri Oct 11, 2019 3:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19245
Views: 2670957

Re: U.S. stocks in free fall

Finished up 1.09%. Nice end to the week. :beer
by CoAndy
Fri Aug 02, 2019 2:13 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 12882

Re: Insane to buy a sports car?

You're 32, have $750k and no debt? I would get that new Corvette. It is pulling at me as well. And it looks like it might be available at $60k.
by CoAndy
Mon Jul 22, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: C8 Corvette - who is buying?
Replies: 125
Views: 10198

Re: C8 Corvette - who is buying?

I would LOVE a new Corvette but I am not sure I want to delay my retirement for a year or year and a half to get it.