Search found 130 matches

by ER2023
Sun Oct 11, 2020 2:25 pm
Forum: Personal Investments
Topic: Moving to the Two Fund Portfolio
Replies: 10
Views: 922

Re: Moving to the Two Fund Portfolio

I have been reading other posts regarding the two-fund portfolio and think I would like to do something similar. I currently have the following: Vanguard Institutional Index Fund (VIIIX): $347,023 (33%) (ER 0.02) Vanguard Developed Markets Index Fund (VDIPX): $165,458 (15%) (ER 0.04) Stable Fund: $...
by ER2023
Sun Oct 11, 2020 2:09 pm
Forum: Personal Investments
Topic: Moving to the Two Fund Portfolio
Replies: 10
Views: 922

Re: Moving to the Two Fund Portfolio

I have been reading other posts regarding the two-fund portfolio and think I would like to do something similar. I currently have the following: Vanguard Institutional Index Fund (VIIIX): $347,023 (33%) (ER 0.02) Vanguard Developed Markets Index Fund (VDIPX): $165,458 (15%) (ER 0.04) Stable Fund: $...
by ER2023
Sun Oct 11, 2020 2:07 pm
Forum: Personal Investments
Topic: Moving to the Two Fund Portfolio
Replies: 10
Views: 922

Re: Moving to the Two Fund Portfolio

I have been reading other posts regarding the two-fund portfolio and think I would like to do something similar. I currently have the following: Vanguard Institutional Index Fund (VIIIX): $347,023 (33%) (ER 0.02) Vanguard Developed Markets Index Fund (VDIPX): $165,458 (15%) (ER 0.04) Stable Fund: $...
by ER2023
Sun Oct 11, 2020 11:51 am
Forum: Personal Investments
Topic: Moving to the Two Fund Portfolio
Replies: 10
Views: 922

Re: Moving to the Two Fund Portfolio

Yes move it all in one shot if it is in a 401k/IRA and not in a taxable account. One question: Are these funds are all you have? If so, why too conservative like 50/50? Are you close to your retirement/FI number? Thanks 1789. Yes, this amount is spread across two 401(k) accounts - and then we have ...
by ER2023
Sun Oct 11, 2020 10:35 am
Forum: Personal Investments
Topic: Moving to the Two Fund Portfolio
Replies: 10
Views: 922

Moving to the Two Fund Portfolio

I have been reading other posts regarding the two-fund portfolio and think I would like to do something similar. I currently have the following: Vanguard Institutional Index Fund (VIIIX): $347,023 (33%) (ER 0.02) Vanguard Developed Markets Index Fund (VDIPX): $165,458 (15%) (ER 0.04) Stable Fund: $5...
by ER2023
Thu Oct 08, 2020 8:26 am
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

Re: 401(k) Selection for Single, Female, 55

Her employer's 401k plan offers some excellent fund choices, she is fortunate. In my opinion your sister has selected some of the best funds in her employer's 401k plan. My suggestions would be: 1) Vanguard Institutional 500 Index Trust (VFFSX) (0.0108 ER); 2) State Street Global All Cap Equity ex-...
by ER2023
Wed Oct 07, 2020 2:49 pm
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

Re: 401(k) Selection for Single, Female, 55

Her employer's 401k plan offers some excellent fund choices, she is fortunate. In my opinion your sister has selected some of the best funds in her employer's 401k plan. My suggestions would be: 1) Vanguard Institutional 500 Index Trust (VFFSX) (0.0108 ER); 2) State Street Global All Cap Equity ex-...
by ER2023
Wed Oct 07, 2020 2:39 pm
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

Re: 401(k) Selection for Single, Female, 55

I chose TIPS because she is looking for that rock-solid guarantee of preserving that 40%. Perhaps I could do 20% TIPS and 20% State Street U.S. Bond Index? Yes, that's an excellent step to take. This goes to the heart of the principle, when in doubt, split 50:50. With 20% in TIPS and 20% in bond in...
by ER2023
Wed Oct 07, 2020 2:39 pm
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

Re: 401(k) Selection for Single, Female, 55

My SIL also has the UHG 401k. It is a great lan. Besides a 3% match she also receives a safe harbor contribution which IIRC is more than the match. SIL also uses the vanguard extended market which combined with theSP500 index makes a pretty good total market. The ER sof funds are excellent. I would...
by ER2023
Wed Oct 07, 2020 12:33 pm
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

Re: 401(k) Selection for Single, Female, 55

After the refi, how many years will be left on the condo? Does she plan to stay there long term? Is the hoa reasonable? What is she realistically hoping to have saved by retirement? I am still working through refinance options, so not sure yet how many years will be left. She can't afford more than...
by ER2023
Wed Oct 07, 2020 11:52 am
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

Re: 401(k) Selection for Single, Female, 55

Your sister is a secret Boglehead! The red highlighted *funds* are the ones we would have suggested for her too. Perhaps with one minor change -- instead of TIPS, which usually have lower yields, we would recommend that she invest in the "State Street U.S. Bond Index Non-Lending Series Fund Class M...
by ER2023
Wed Oct 07, 2020 10:05 am
Forum: Personal Investments
Topic: 401(k) Selection for Single, Female, 55
Replies: 14
Views: 1143

401(k) Selection for Single, Female, 55

I am reviewing my sister’s 401(k) and would greatly appreciate your input on the selection. She has been with her current employer for 35 years and gets a 3% match. She will work until at least 65, preferably 67. Age: 55 Debt: Remaining condo mortgage is $125k; home worth about $150k (may be less, a...
by ER2023
Sun Sep 20, 2020 5:06 am
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

Thanks to everyone for your replies. After carefully considering all of the advice received, I have decided not to pursue paying off her mortgage at this time. I met with my sister yesterday (she has no idea I was considering this), and will continue identifying other ways to help her. Once again, I...
by ER2023
Fri Sep 18, 2020 9:01 am
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

[/quote] What are you going to do if she stops paying? If she stops paying, it would be because something is significantly wrong (loses job, health issues). The house would be hers, free and clear, and I would be fine with that. I have a sister who is single with a very stable, but low paying job. S...
by ER2023
Fri Sep 18, 2020 8:42 am
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

First off, I greatly admire your desire to help your sister. With that said, as others have stated, getting money (especially very large sums) involved with family does not pan out well, for the most part. She could refinance for a comparable rate (2.25-2.75%) to what you are offering. Another cons...
by ER2023
Fri Sep 18, 2020 8:36 am
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

I have done this. Suggest you start here with Jonathan Clement's story; https://humbledollar.com/money-guide/my-story-a-private-mortgage-for-hannah/ And then here if you want to pursue; https://www.nationalfamilymortgage.com/ Our relative has since refinanced out of this mortgage and paid us off. I...
by ER2023
Wed Sep 16, 2020 8:07 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

I wasn't looking to formally structure the loan, just informally between us. I did miss the mortgage deduction for her though. That mortgage deduction is a myth for most people - the single standard deduction for 2020 is $12,400, so unless there are massive medical, charitable, or property tax dedu...
by ER2023
Wed Sep 16, 2020 8:03 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

I have a sister who is single with a very stable, but low paying job. She is 55 and has $125k left on her mortgage (condo) at 4.25%. She is incredibly responsible, never missing a payment. I advise her financially (not that I'm an expert) and recently talked to her about refinancing her mortgage. I...
by ER2023
Wed Sep 16, 2020 7:58 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

If I could swing it I would help my sister. Listen to her closely - she may not want to do so. There are other eays to help. Gifting money - where she has the ability to choose what to do with it, is one option. You heart is in the right place. You are right, she may not want my help. I genuinely w...
by ER2023
Wed Sep 16, 2020 7:52 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

why doesn't she just refinance? That way she owes the bank and not you. +1 And then you might still be available to help her financially if she ever needs it. Keep in mind that she is 55 so the loan likely would not be paid until she is well into retirement and maybe even 85 years old. One problem ...
by ER2023
Wed Sep 16, 2020 3:51 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

I suspect the 2% is taxable interest income to you. She won't get a deduction but you will pay taxes. I'd probably talk to a lawyer or attorney to see if there is a better way to structure it. Of course the income is taxable to the OP. But if it were secured by the condo as a mortgage, would it not...
by ER2023
Wed Sep 16, 2020 3:49 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

Re: "Refinance" mortgage for a family member @ 2%?

JBTX wrote: Wed Sep 16, 2020 1:34 pm I suspect the 2% is taxable interest income to you. She won't get a deduction but you will pay taxes. I'd probably talk to a lawyer or attorney to see if there is a better way to structure it.
I wasn't thinking about structuring a loan, just handling it informally between us.
by ER2023
Wed Sep 16, 2020 12:58 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2949

"Refinance" mortgage for a family member @ 2%?

I have a sister who is single with a very stable, but low paying job. She is 55 and has $125k left on her mortgage (condo) at 4.25%. She is incredibly responsible, never missing a payment. I advise her financially (not that I'm an expert) and recently talked to her about refinancing her mortgage. I ...
by ER2023
Wed Sep 02, 2020 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 377
Views: 51505

Re: How to get over finance envy

There is a lot of great advice in this thread. There are times when I need to remember what is really important, so I don't compare myself to others who appear to be more fortunate. The recent thread "Stage 4 Cancer and Young Family" certainly helps put things in perspective.
by ER2023
Sun Jul 05, 2020 12:32 pm
Forum: Personal Consumer Issues
Topic: Neighborhood Noise
Replies: 189
Views: 13444

Re: Neighborhood Noise

We purchased a property in a somewhat rural area, surrounded by hundreds of acres. We did so when we both worked stressful jobs, with long hours, and this house was (and still is) a sanctuary. The reality is that even though it is blissfully quiet most of the time, it is not that way all of the time...
by ER2023
Wed Jul 01, 2020 6:58 pm
Forum: Personal Consumer Issues
Topic: I sold my boat today
Replies: 20
Views: 4048

Re: I sold my boat today

HomerJ, I was so surprised to read you sold your lake condo and jet ski! I always enjoy reading your posts (those posts really helped me stay the course this year), and recall how you purchased the condo when a close friend died of cancer at such a young age. It resonated with me a lot since none of...
by ER2023
Mon Mar 09, 2020 12:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20501
Views: 2789674

Re: U.S. stocks in free fall

What is happening to the early retirement crowd ? Anyone keeping tabs ? In my 50s, but still consider my plan to retire by 2023 "early". TBH, I am nervous. Very early this morning as I was reading the posts, I told myself I'm selling today. Then I decided to keep reading the posts. Especially from ...
by ER2023
Tue Feb 25, 2020 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Advice for very young person promoted
Replies: 17
Views: 2825

Re: Advice for very young person promoted

There's some really great advice here - so I'll just add one thing. I was in the same position as you many years ago - was promoted to management in my twenties at Mega-Corp. My boss gave me Stephen Covey's 7 Habits to Highly Effective People. I know it was written probably 30 years ago now, but it ...
by ER2023
Mon Dec 30, 2019 7:23 pm
Forum: Personal Consumer Issues
Topic: Am I spending to much on furnishing my new home?
Replies: 53
Views: 3967

Re: Am I spending to much on furnishing my new home?

Congrats on both purchasing a new home all on your own and getting out of toxic living situation - at 23 years young. You seem to be doing very well financially and have more maturity than many of my nieces and nephews your age. While I agree with others that you could decrease your spending by purc...
by ER2023
Fri Dec 13, 2019 3:56 pm
Forum: Personal Consumer Issues
Topic: What are you giving (or asking) for Christmas?
Replies: 77
Views: 5559

Re: What are you giving (or asking) for Christmas?

We also stopped giving gifts in the family about 10 years ago and it's been such a relief. We definitely don't mind spending on experiences though. We saw TSO and some local shows - had a good time.

Now the work thing is a different story ... will not miss that when I retire.
by ER2023
Sun Nov 17, 2019 5:51 am
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 78
Views: 7158

Re: Preparing for a down market

Burning through cash in order to avoid selling stock or bonds is market timing, plain and simple. Being a timer myself, I don't have an inherent problem with it, but I'm not sure that such a strategy is a very good one. Most such strategies I've seen did not backtest well at all; a fixed allocation...
by ER2023
Fri Nov 15, 2019 7:48 pm
Forum: Investing - Theory, News & General
Topic: Preparing for a down market
Replies: 78
Views: 7158

Preparing for a down market

I’m reading how a bear market reduces your portfolio by at least 20%, on average by 33%, and the worst (in recent history during 2007-2009) by 57%. If it takes 25 months to recover from a typical bear market, and 49 months to recover from the 2007-2009 bear, my questions are: Do you keep enough cash...
by ER2023
Fri Nov 15, 2019 7:17 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 14426

Re: Best thing you have ever bought?

We invest in a 2-week vacation home every summer and invite the extended family, pets and all. Yes, it's chaotic and everyone gets on everyone else's nerves at some point. But we have fun playing all kinds of games, doing some outdoor adventures, busting on each other, and making good meals together...
by ER2023
Wed Sep 11, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: What are you doing about lantern flies?
Replies: 13
Views: 1489

Re: What are you doing about lantern flies?

Abiding by the New York State quarantine rules for Spotted Lanternfly . DEC and DAM Announce Confirmed Finding of Spotted Lanternfly in Albany and Yates Counties USDA APHIS site page on Spotted Lanternfly Thanks for sharing this info. It was interesting to read about the NY State quarantine. This i...
by ER2023
Tue Sep 10, 2019 3:27 pm
Forum: Personal Consumer Issues
Topic: What are you doing about lantern flies?
Replies: 13
Views: 1489

Re: What are you doing about lantern flies?

These things are everywhere in the Malvern area. Entire trees are riddled with them sucking them dry. Their corpses all over the path I like to walk. The forest smells like it's ROTTING. And before this year I've never seen a single one. It feels like the end of the world. I agree with you Tamalak....
by ER2023
Tue Sep 10, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: What are you doing about lantern flies?
Replies: 13
Views: 1489

Re: What are you doing about lantern flies?

Can you share what state or region you live in? They aren't a threat that I am aware of (at least not yet!) in our area (Northeast). A quick google search seems to indicate that some insecticides are effective. Have you called local tree-care companies to see what they suggest? We had trouble with ...
by ER2023
Tue Sep 10, 2019 3:18 pm
Forum: Personal Consumer Issues
Topic: What are you doing about lantern flies?
Replies: 13
Views: 1489

Re: What are you doing about lantern flies?

I haven’t had to deal with lanterflies but I have had good experience using a soil drench of imidacloprid (also marketed as Merit or Bayer Advanced Tree and Shrub) to combat other sap sucking type insects. Apply in spring when plants begin leafing out. There is some discussion online from county ex...
by ER2023
Tue Sep 10, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: What are you doing about lantern flies?
Replies: 13
Views: 1489

What are you doing about lantern flies?

Starting to get nervous about lantern flies. They are destroying our landscaping and now they are destroying some of our trees. Surprisingly, they did not touch our vegetable garden ... yet. We talked to several people and are getting different answers, including what Dept of Agriculture is recommen...
by ER2023
Sun Sep 01, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: When was the most stressful financial time in your life?
Replies: 142
Views: 23068

Re: When was the most stressful financial time in your life?

For me it was growing up. My parents worked 2-3 jobs each and we began helping them as kids getting up at 3AM. I started my own job at 14, working a really (physically) hard job. We regularly saw past due notices on the kitchen table and often had to dress in many layers when the oil ran out. There ...
by ER2023
Thu Aug 29, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: What makes your dream house so special?
Replies: 41
Views: 3476

Re: What makes your dream house so special?

It's in the town where I want to live. I can walk to the grocery store, movie theater, bar/restaurant (all w/in .25 miles) and if I really want to get adventurous the entire downtown is only about a 15 min walk away. I bought the house when I was 32, raised my kids in it, there is room when they co...
by ER2023
Thu Aug 29, 2019 6:01 am
Forum: Personal Finance (Not Investing)
Topic: What makes your dream house so special?
Replies: 41
Views: 3476

Re: What makes your dream house so special?

We bought this dream house about 20 years ago and put quite a bit of money into it. Location - beautiful mountain views, stunning sunrises/sunsets, rolling hills, views of spring fed ponds, far enough away from noise, but within 20 minutes of everything you need (great medical care, restaurants, ent...
by ER2023
Sun Aug 11, 2019 6:43 am
Forum: Personal Consumer Issues
Topic: Breakfast Menu After Retirement
Replies: 73
Views: 10943

Re: Breakfast Menu After Retirement

I ate crappy my entire life. It wasn't until my mid-forties that I started to eat healthy :oops: I have experimented with different things, but found that steel cut oats with blueberries, strawberries, ground flaxseed, and ceylon cinnamon works the best. I often add two poached eggs as well. It's a ...
by ER2023
Fri Jul 26, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How do you move past old financial mistakes?
Replies: 57
Views: 5561

Re: How do you move past old financial mistakes?

fortfun wrote: Thu Jul 25, 2019 10:11 pm Just be grateful for you and your wife's health. That should keep everything in perspective.
+1. There are many great responses on this thread. Being grateful for what you have and accepting that life will not be perfect are timely reminders for many of us in the same boat as you.
by ER2023
Mon Jul 22, 2019 5:50 am
Forum: Personal Finance (Not Investing)
Topic: MBA worth it?
Replies: 95
Views: 9330

Re: MBA worth it?

I agree with others - it definitely depends. I completed my MBA after I hit my career peak, it was just something I wanted to finish. Honestly, I wouldn't do it again unless it was a big-name school and I was in my twenties/early thirties. I learned everything I needed to know at work, so I basicall...
by ER2023
Sun Jul 21, 2019 8:28 am
Forum: Personal Consumer Issues
Topic: Apollo 11 (In Real Time)
Replies: 67
Views: 6811

Re: Apollo 11 (In Real Time)

This is awesome, thank you for sharing!
by ER2023
Tue Jul 16, 2019 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: How have elderly parents affected your retirement?
Replies: 29
Views: 5807

Re: How have elderly parents affected your retirement?

We spent anywhere from $500 to a couple thousand a month for MIL's memory care, impacting our savings considerably. Both in-laws have passed, and I think about my parents every day. They sacrificed so much for us and I am willing to do whatever it takes. They are welcome in my home and we will provi...
by ER2023
Fri Jul 12, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: priority of supporting parents vs saving for college
Replies: 54
Views: 4270

Re: priority of supporting parents vs saving for college

I would continue paying into the 529s, but would also support my parents by offering them a room in my house and food on the table. My parents both worked two jobs to raise us (couldn't afford college - we had student loans and our companies helped some with tuition reimbursement), but they did thei...
by ER2023
Tue Jul 09, 2019 5:57 am
Forum: Personal Consumer Issues
Topic: Volunteer suggestions
Replies: 55
Views: 3568

Re: Volunteer suggestions

Check out the Volunteer Match website. You input your location and the volunteer opportunities in your area are posted based on your interest (arts, animals, children, seniors, community etc): https://www.volunteermatch.org We also have a local website in our area that does a similar service - you c...
by ER2023
Mon Jul 08, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 5431

Re: Is Grass-fed milk worth it?

I grew up right next to a farm with grass-fed cows, so we had access to bottled/jug milk that couldn't have been fresher or "cleaner". Never knew anything different. When I first tried milk from plastic containers I could taste the difference. Also didn't care for the hormones or whatever else I was...
by ER2023
Mon Jul 08, 2019 8:40 am
Forum: Personal Investments
Topic: Under age 50 and have a stock allocation less than 50%?
Replies: 25
Views: 3007

Re: Under age 50 and have a stock allocation less than 50%?

We are 56 and 50 and have been around 46/54 and even as low as 39/61. No bonds, just stable value in 401ks and CDs. We also will be downsizing, projecting a net of at least $200k after we buy next house. This money will also be put into stable. I realize this is conservative, but it's my SWAN factor...