Search found 28 matches

by Jb526
Wed Apr 17, 2019 4:19 pm
Forum: Personal Investments
Topic: Schwab Roth IRA - 2050 vs 2055 Fund
Replies: 2
Views: 301

Re: Schwab Roth IRA - 2050 vs 2055 Fund

I have a similar question. I've read on here that target date funds are a good choice for beginning investors such as yourself. However, would investing your Roth IRA in a 100% allocation of the Schwab S&P 500 Index Fund (SWPPX) be another possibility? The S&P return appears to be higher, and the ex...
by Jb526
Sun Dec 02, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 22786

Re: Best values at Costco? Honestly, a little disappointed...

Here are a few items we consistently purchase at Costco: Gas, paper towels, toilet paper, garbage bags, $1.50 hot dog, wine, chicken, etc., etc. Their chicken is probably the best deal. $5 for a turkey-sized chicken already cooked. Gasoline is also their best deal if you have one with gas. Not so g...
by Jb526
Mon Nov 19, 2018 6:14 am
Forum: Personal Consumer Issues
Topic: Men's crew neck t-shirts
Replies: 47
Views: 4070

Re: Men's crew neck t-shirts

Kmart's Basic Editions brand. Pack of 7 v-neck t-shirts for $13.00, beating Costco's and even Walmart's prices. Plus if you time your purchase during a decent "cash back in points" promotion, you can use those points to purchase additional shirts for free and without sales tax, further beating the p...
by Jb526
Sun Oct 28, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: Unplugging from Tech Tips
Replies: 38
Views: 3261

Re: Unplugging from Tech Tips

I'm always looking for ways to detach myself from the screen, as I believe it's unnatural and definitely detracts from living an authentic life. Some of my current strategies, from my Generation Y point of view: I use a separate e-mail address to keep promotional/subscription/notification type of e-...
by Jb526
Sat Oct 27, 2018 10:57 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 248
Views: 28156

Re: PSA: Don't buy a big house

We just moved from CA to TX. We ended up buying a McMansion compared to what we had before: - 4 BR, 4BA - 3750 sq ft (Note: For many I'm sure this will still be 'small'...) - 0.75 acres - 10-ft ceilings throughout - 20-ft ceilings in hallways and 'great room' In some ways it's great, there is space...
by Jb526
Sat Oct 27, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: Car battery?
Replies: 75
Views: 7851

Re: Car battery?

I always buy Sears 'gold' batteries. Why? - There happens to be a Sears within a 10 minute drive - The batteries are probably just as good as others - 3 year warranty (never used it, batteries always seems to die about 4-5 years later after installation) - I get tires at Sears quite often, otherwis...
by Jb526
Sat Oct 27, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: What A Deal! [Affordable Care Act policy costs]
Replies: 28
Views: 4157

Re: What A Deal!

Congratulations on the savings! My situation turns out to be the opposite, at least from what I can tell. I was able to view renewal paperwork which has already posted to the health plan marketplace website, and my premium is increasing next year if I allow it to renew into the same exact plan. Howe...
by Jb526
Sat Oct 27, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Insignia TV Has Black Screen
Replies: 32
Views: 5983

Re: Insignia TV Has Black Screen

My tube TV had 20 years of use without a problem before I threw it out. I'm starting the ninth year on my Panasonic plasma TV, still as good as new. I really wish Panasonic hadn't stopped making consumer televisions. I'm on year 8 with my two Panasonic TVs (one LCD, one plasma). A total of four Pan...
by Jb526
Sat Oct 27, 2018 2:53 am
Forum: Personal Consumer Issues
Topic: Car battery?
Replies: 75
Views: 7851

Re: Car battery?

I always buy Sears 'gold' batteries. Why? - There happens to be a Sears within a 10 minute drive - The batteries are probably just as good as others - 3 year warranty (never used it, batteries always seems to die about 4-5 years later after installation) - I get tires at Sears quite often, otherwis...
by Jb526
Sat Oct 27, 2018 2:35 am
Forum: Personal Consumer Issues
Topic: New Range
Replies: 10
Views: 1153

Re: New Range

My Kenmore electric range with convection feature was manufactured by Electrolux. It's 8 years old now, and I still enjoy it like the day I bought it. I actually currently own 3 Kenmore ranges, and all have been great performers. In addition, I also own 15 other Kenmore major appliances currently in...
by Jb526
Sat Oct 27, 2018 2:27 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 578
Views: 53640

Re: Talk me out of buying a Tesla Model 3

I am sorry but IMO you do not have enough money saved to justify spending that much for a car. If you were making say $300K and had savings of say $2M to $3M then I would say go for it. But you just are not that rich for a guy who is 45. Go buy a lower cost car and keep saving that $700 per month. ...
by Jb526
Sat Oct 27, 2018 2:17 am
Forum: Personal Consumer Issues
Topic: How many miles (total) on car before buying another car ?
Replies: 114
Views: 7720

Re: How many miles (total) on car before buying another car ?

I've never understood what mileage has to do with anything. Automobiles should really have an hour meter included as standard equipment in addition. If a daily commute occurs in traffic where it takes nearly 2 hours to travel just 30 miles one way, a car's odometer reading doesn't really mean very m...
by Jb526
Sat Oct 27, 2018 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Car hit while parked, no note, just want damages as cash from insurance
Replies: 18
Views: 3094

Re: Car hit while parked, no note, just want damages as cash from insurance

When I had the same incident happen to me, I filed a claim under the underinsured motorist property damage coverage on my auto policy. For a hit-and-run incident (which I believe your case would be), this coverage on my own policy had only a $300 deductible. Do you have this coverage? It only adds $...
by Jb526
Wed Aug 15, 2018 4:58 pm
Forum: Personal Investments
Topic: For i401k, Vanguard does not allow investment into Admiral Shares
Replies: 38
Views: 3300

Re: For i401k, Vanguard does not allow investment into Admiral Shares

As a current i401(k) and Roth i401(k) account holder at Vanguard holding most of my entire portfolio in those two accounts, I too am tempted to move them elsewhere due to the fact that Admiral shares are not available. Ever since opening the account, I have felt shortchanged due to the seemingly una...
by Jb526
Wed Mar 07, 2018 11:10 pm
Forum: Personal Investments
Topic: Should I simplify my asset allocation?
Replies: 15
Views: 2585

Re: Should I simplify my asset allocation?

In general, I'm all for simplicity, and the 3 fund portfolio is an ideal target. Can't get much simpler than that, and there is enough there not to want to. But in your case, you're not that far off, and the few funds you have are tilts that some folks here believe are good things (e.g. REIT and sm...
by Jb526
Tue Mar 06, 2018 12:12 am
Forum: Personal Investments
Topic: Should I simplify my asset allocation?
Replies: 15
Views: 2585

Re: Should I simplify my asset allocation?

OP here. A lot of insightful responses, and I really appreciate it. Truly makes me glad to be a part of this site. To reply to some questions that were asked: With that in mind, work on crafting an investment policy statement. It's totally up to you, but I agree with mhalley. You need an investment ...
by Jb526
Sun Mar 04, 2018 7:29 pm
Forum: Personal Investments
Topic: Should I simplify my asset allocation?
Replies: 15
Views: 2585

Should I simplify my asset allocation?

Solely an asset allocation checkup request here. Nine years ago, I sought the advice of a fee-only financial planner. As part of our meeting, he set me up with the following asset allocation. (His recommendation originally included a portion allocated to bonds, which I later removed after the fact a...
by Jb526
Thu Feb 08, 2018 9:50 pm
Forum: Personal Investments
Topic: ETF. What and how do you use them?
Replies: 35
Views: 1974

Re: ETF. What and how do you use them?

When buying ETFs on a regular, repeated basis, what is the recommended buy method: (1) simply initiate a market order to save time and go on with one's day, or (2) set a limit order and keep an eye on the transaction status until the purchase finally occurs?
by Jb526
Wed Feb 07, 2018 6:44 pm
Forum: Personal Investments
Topic: ETF vs Mutual Fund in Taxable
Replies: 9
Views: 3334

Re: ETF vs Mutual Fund in Taxable

I've been pondering this topic, myself, recently. Maybe with a little different twist in the intent behind it, however. Let's say that a steadfast Vanguard account holder (including IRAs, 401ks, taxable, etc.) wishes to open an additional taxable account at another company (Fidelity, Schwab, etc.) f...
by Jb526
Tue Jun 21, 2016 6:13 pm
Forum: Investing - Theory, News & General
Topic: Will Opening Vanguard Brokerage Affect Existing Fund Holdings?
Replies: 2
Views: 552

Will Opening Vanguard Brokerage Affect Existing Fund Holdings?

On the general Vanguard Investor website, going to "Investing > Account Types," it shows that opening an individual or joint account will allow investing in funds as well as ETFs, stocks, CDs, and bonds. To my memory, I think this is different from the way things were when I joined Vanguard. When I ...
by Jb526
Sun Feb 22, 2015 1:11 pm
Forum: Personal Investments
Topic: No Vanguard Admiral Funds; go with Fidelity for 50+ Years?
Replies: 29
Views: 3151

Re: No Vanguard Admiral Funds; go with Fidelity for 50+ Year

Does the Vanguard Roth IRA allow for admiral shares? You can roll an Individual Roth 401k into a ROTH IRA. Why would you opt to roll the traditional I401k into a SEP instead of a traditional IRA? Does the traditional IRA not allow for admiral shares? Or do you just want fewer accounts. I could see ...
by Jb526
Sun Feb 22, 2015 1:00 pm
Forum: Personal Investments
Topic: No Vanguard Admiral Funds; go with Fidelity for 50+ Years?
Replies: 29
Views: 3151

Re: No Vanguard Admiral Funds; go with Fidelity for 50+ Year

You can't have a SEP and an Individual 401(k) active at the same time. I know this affects contributions, but not sure what effect it has on rollovers. You should be able to move the funds into a Rollover IRA though. It still baffles my mind that Vanguard doesn't offer admiral class funds in its In...
by Jb526
Sun Feb 22, 2015 12:50 pm
Forum: Personal Investments
Topic: No Vanguard Admiral Funds; go with Fidelity for 50+ Years?
Replies: 29
Views: 3151

Re: No Vanguard Admiral Funds; go with Fidelity for 50+ Year

Does the Vanguard Roth IRA allow for admiral shares? You can roll an Individual Roth 401k into a ROTH IRA. Why would you opt to roll the traditional I401k into a SEP instead of a traditional IRA? Does the traditional IRA not allow for admiral shares? Or do you just want fewer accounts. I could see ...
by Jb526
Sat Feb 21, 2015 11:12 pm
Forum: Personal Investments
Topic: No Vanguard Admiral Funds; go with Fidelity for 50+ Years?
Replies: 29
Views: 3151

Re: No Vanguard Admiral Funds; go with Fidelity for 50+ Year

Since it's a 401k, you'd have to move the entire plan to Fidelity. You can't rollover from the 401k to an IRA at Vanguard, as you suggested (unless I misunderstood) because you're still employed with the sponsor of your 401k. I think you did understand correctly. But I was hoping to remain at Vangu...
by Jb526
Sat Feb 21, 2015 8:26 pm
Forum: Personal Investments
Topic: No Vanguard Admiral Funds; go with Fidelity for 50+ Years?
Replies: 29
Views: 3151

Re: No Vanguard Admiral Funds; go with Fidelity for 50+ Year

Sure. It is a Vanguard Individual 401(k). I also have a Vanguard Roth I401(k) option added on, but its balance significantly smaller. It still suffers from the inability to invest in Admiral shares, however. And regarding Fidelity: I am not a current Fidelity client, so I have no idea what to expect...
by Jb526
Sat Feb 21, 2015 8:17 pm
Forum: Personal Investments
Topic: No Vanguard Admiral Funds; go with Fidelity for 50+ Years?
Replies: 29
Views: 3151

No Vanguard Admiral Funds; go with Fidelity for 50+ Years?

My pretax retirement accounts at Vanguard are not eligible for Admiral shares, even though the account/fund balances are many times in excess of the minimum amount required to qualify for Admiral shares had they been in another type of account. There is no way for me to hold Admiral shares in these ...
by Jb526
Sun Jun 09, 2013 4:55 pm
Forum: Personal Investments
Topic: Asset Allocation Four Years Later
Replies: 6
Views: 1309

Re: Asset Allocation Four Years Later

Thanks for the thorough and very thoughtful replies! I'll try to clarify some of the points that were brought up. I also made a couple edits to my initial post (one answers your question, Brian). I have suspected that the REIT allocation may be a little bit high, but it's actually worked out quite n...
by Jb526
Sat Jun 08, 2013 7:05 pm
Forum: Personal Investments
Topic: Asset Allocation Four Years Later
Replies: 6
Views: 1309

Asset Allocation Four Years Later

Four years ago, I consulted a fee-only financial planner, and one of the things he did at my request was to recommend an asset allocation for my 401(k) and Roth IRA. The accounts are currently in the lower-mid six figures. Retirement will be approximately 35 years from now. My risk tolerance is high...