Search found 693 matches

by Chadnudj
Thu Feb 15, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Can someone help me explain to my wife...?
Replies: 81
Views: 9460

Re: Can someone help me explain to my wife...?

No, this a battle you need to wage. Start small, bring up any of the many posts with nice, easy to understand graphs. There is a great one somewhere, where the future is covered up and you can play 'sell now? Buy now?' And see how often one is wrong. I think this simulator may be what you're talkin...
by Chadnudj
Mon Feb 12, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2304

Re: Lower Payroll Withholding - What are you doing with it?

I'm planning after each paycheck to transfer the difference between what I'm getting now and what I was getting before into my taxable accounts, and investing that at my asset allocation.

This is surprise money -- and I don't want to get used to living on it and allowing my lifestyle to inflate.
by Chadnudj
Mon Feb 12, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 6451

Re: Does it ever make sense to buy a new car?

Honestly, I think over a long lifetime of investing, etc., and if you're someone who buys a car once every 10 years or so, there's only a negligible difference between buying a low-mileage, slighly used car versus a new car, particularly when you factor in the time necessary to search for/find the i...
by Chadnudj
Thu Feb 08, 2018 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for new Boglehead-where to focus extra money to correct past mistakes?
Replies: 26
Views: 1991

Re: Advice for new Boglehead-where to focus extra money to correct past mistakes?

My initial thoughts: 1. You don't need umbrella insurance. You need disability insurance and life insurance, first, particularly if/when you start a family. I'd particularly advise getting life insurance now -- you're young and it's cheaper to get a term life insurance policy now. 2. I wouldn't wor...
by Chadnudj
Thu Feb 08, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for new Boglehead-where to focus extra money to correct past mistakes?
Replies: 26
Views: 1991

Re: Advice for new Boglehead-where to focus extra money to correct past mistakes?

My initial thoughts: 1. You don't need umbrella insurance. You need disability insurance and life insurance, first, particularly if/when you start a family. I'd particularly advise getting life insurance now -- you're young and it's cheaper to get a term life insurance policy now. 2. I wouldn't worr...
by Chadnudj
Tue Feb 06, 2018 7:55 am
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7156

Re: Stay the course?

On days like today, I like to look at 2 related things: 1. My cost basis for my investments, and/or 2. What price I purchased my investments and the dividend record of them. In my taxable account, I have a 3 fund Vanguard (Total Stock, Total International, Total Bond) portfolio. Even after yesterday...
by Chadnudj
Mon Feb 05, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman: Vanguard, Other Bitcoin Deniers Will Eat Their Words
Replies: 47
Views: 6107

Re: Ric Edelman: Vanguard, Other Bitcoin Deniers Will Eat Their Words

There's a vast difference between not buying bitcoin (the commodity) versus not investing in blockchain as a technology/bitcoin adjacent businesses. Vanguard and others are not doing the former....but they 1000% are investing (as indexers) in plenty of companies that are exploring the use of blockch...
by Chadnudj
Sat Feb 03, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: What Would You Do With $100,000 Right Now
Replies: 28
Views: 2845

Re: What Would You Do With $100,000 Right Now

Invest it all in a tax-free muni bond fund.

Every year, use half the dividends/interest payments to do something fun in retirement, and reinvest the other half. Rinse and repeat.
by Chadnudj
Wed Jan 24, 2018 10:06 pm
Forum: Personal Consumer Issues
Topic: Board game for 3 year old
Replies: 36
Views: 1682

Re: Board game for 3 year old

livesoft wrote:
Wed Jan 24, 2018 8:55 pm
Candy Land. It is a classic. Also Chutes and Ladders.
My 3 year old is learning Candy Land.....the best trick? Put chocolate chips and marshmallows on random squares. If they (or you) land there, you get candy! Everyone wins (even if they don't "win" overall).
by Chadnudj
Tue Jan 23, 2018 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to pay down mortgage, but...
Replies: 32
Views: 2944

Re: Trying to pay down mortgage, but...

Isn't there option D: D. Stop automatic bill pay via your mortgage servicer, instead do bill pay via your checking account each month and contribute whatever you want. Even if D would only advance your due date by your mortgage servicer's accounting, if you keep making the monthly payment (plus any ...
by Chadnudj
Mon Jan 22, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Expected earning in next 10 years
Replies: 12
Views: 1131

Re: Expected earning in next 10 years

I heard on CNBC that CEO of Vanguard Tim Buckley saying investors can expect around 6% returns next 10 years or so, in a balanced portfolio of 60/40 type. Any comments on his insight? Given that we have received around a 6.7% real rate of return for the entire history of the stock market, that's no...
by Chadnudj
Thu Jan 18, 2018 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 72
Views: 5189

Re: Exit strategy for bitcoin

It was just a gamble with play money; of course I have no idea what it's worth....It's no big deal if I lose that money Then if I were you, I'd let it ride. If it goes down to nothing, it's an expensive gamble that you lost and a good learning opportunity. But if it spikes down the line? You can se...
by Chadnudj
Thu Jan 18, 2018 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Off House
Replies: 11
Views: 1151

Re: Paying Off House

I would only pay the mortgage after maxing all available 401K, HSA and ROTH (or ded IRA) accounts. Once those are done, then plow money into the mortgage. I agree with this...I would not pass up the tax advantage space to pay down your mortgage. I'll agree with these two posters....but I'll also ec...
by Chadnudj
Wed Jan 17, 2018 1:52 pm
Forum: Investing - Theory, News & General
Topic: Sell bonds during a market correction to buy cheaper equities?
Replies: 18
Views: 1904

Re: Sell bonds during a market correction to buy cheaper equities?

If my target is 50/50 and I'm currently at 55/45 stocks/bonds, then I'm selling stocks and buying bonds to get back to 50/50. That's what rebalancing based on 5% bands means to me, so I'm not sure why you'd be suggesting waiting for a 20% drop to buy stocks (presumably I'm buying with new money all...
by Chadnudj
Tue Jan 16, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: Sell bonds during a market correction to buy cheaper equities?
Replies: 18
Views: 1904

Re: Sell bonds during a market correction to buy cheaper equities?

As your portfolio gets bigger rebalncing with dividends and new cash gets harder and harder to do in a market correction scenario. As to the noise aspect, you need to determine for yourself whether your bands are plus or minus from the target or plus and minus from a recent high. If your target is ...
by Chadnudj
Tue Jan 16, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: Sell bonds during a market correction to buy cheaper equities?
Replies: 18
Views: 1904

Re: Sell bonds during a market correction to buy cheaper equities?

I rebalance whenever my asset allocation gets out of line by 5% or more (as well as once a year on/near my birthday, if I feel it's off by something significant but less than 5%). Something to think about: Suppose yout AA is 50/50 and you've been at 53/47 for some time. Then there is a market corre...
by Chadnudj
Tue Jan 16, 2018 5:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 202
Views: 14058

Re: Post your Financial Milestone Announcements Here

A few come to mind: 1. Net worth about to pass $500k (it probably already has passed that if I counted primary home equity, but I keep primary home equity at purchase price). Market setbacks are unlikely to derail that, too, as new contributions/paychecks/debt paydowns/upcoming employer matches and ...
by Chadnudj
Tue Jan 16, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Sell bonds during a market correction to buy cheaper equities?
Replies: 18
Views: 1904

Re: Sell bonds during a market correction to buy cheaper equities?

I may be in the extreme minority, but I don't think about rebalancing as "selling bonds to buy stocks when the stock market tanks" or "selling stocks to buy bonds when the bond market tanks" -- instead, it's "selling stocks to buy bonds when my allocation of stocks gets out of line" or "selling bond...
by Chadnudj
Fri Jan 12, 2018 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12400

Re: Is it time for me to "call in rich"?

does your company know you have the finances to retire? Does your company typically offer separation packages? the other consideration is if you don't mind your job and you are salaried, unofficially cut back your hours until someone says something. what's the worst they can do to you? but it is pr...
by Chadnudj
Thu Jan 11, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 8345

Re: How much/little money to give kids in will so they continue to work

The "trusts for adult children" thread prompted me revisit our wills. They distribute everything to a trust to pay out 10% at age 25 and the balance at 30 plus health, education, maintenance and support (HEMS). When we made the wills, we didn't have a penny saved for college, The bulk of the estate...
by Chadnudj
Tue Jan 09, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Why not put part of your Efund into total market ETF?
Replies: 14
Views: 936

Re: Why not put part of your Efund into total market ETF?

Everyone else is, of course, correct -- an emergency fund should be safe, so it should be in cash in a bank you can access relatively easily. Now, saying that, not all "emergencies" are equal. A 6 month emergency fund for me, for instance, includes far more than any reasonable non-job-loss emergency...
by Chadnudj
Mon Jan 08, 2018 5:48 pm
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3421

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

My two cents: buy for as "forever" as you reasonably can. For instance, my wife and I currently live in a 3 bedroom, 2 bath condo that we bought when our first son was 1 (our boys are now 3 and nearly 1). Given the rent vs. buy numbers in our area/at our income skewing towards buy and knowing that w...
by Chadnudj
Mon Jan 08, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Investing Inheritance
Replies: 6
Views: 589

Re: Investing Inheritance

This is not financial advice, per se, but in deciding what to do with "GeGe's" inheritance, I'd consider what GeGe valued/what lead GeGe to success -- it could be education (that $100k could really launch your kids' future without your own student loan debt, or it could pay off your student loan deb...
by Chadnudj
Mon Jan 08, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7812

Re: How much are you putting in a 529?

I have 2 kids (3, and just about 1). I've set it up so that I put $50 a month in each one's 529 automatically. I also move over credit card rewards/cashback into their accounts when I get a decent amount (basically every 2 months or so), and will contribute some when we get bonuses/tax refunds/found...
by Chadnudj
Sun Jan 07, 2018 11:08 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1314

Re: Recommendations for 72 hours in Dublin, Ireland

If you’ve ever been on a full brewery tour at coors or Budweiser in the US, I think you will find Guinness rather disappointing. I thought it was awful. There’s not an actual tour of the brewery (unless we missed it somehow?) and it is rather expensive. The big US brewers give free extensive tours....
by Chadnudj
Sun Jan 07, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Recommendations for 72 hours in Dublin, Ireland
Replies: 27
Views: 1314

Re: Recommendations for 72 hours in Dublin, Ireland

My wife and I will be visiting Dublin from a Saturday evening to a Tuesday late afternoon in a few months. We will be staying near St. Stephen's Green. Currently we plan on spending our first full day doing the Hop-On-Hop-Off bus tour to get a general overview of the city and pass by all the main t...
by Chadnudj
Fri Jan 05, 2018 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Lifestrategy funds expense ratio
Replies: 7
Views: 1164

Re: Lifestrategy funds expense ratio

Here, I'd be careful about letting the (generally legitimate) Boglehead approach to finding lower fees get in the way of a good product. The 0.07% differential between LifeStrategy and Balance Index expense ratios you're talking about? That's a difference of $70 for every $100k you have -- in other ...
by Chadnudj
Fri Jan 05, 2018 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to one car in retirement...
Replies: 68
Views: 4161

Re: Downsizing to one car in retirement...

I'd say this depends greatly on your lifestyle, activities, where you live, etc. I'm nowhere near retirement, but my wife and I make do with 1 car -- but we can only do that because we live in a big city with good public transportation/good Uber availability/plenty of stuff walkable near us, and bec...
by Chadnudj
Tue Jan 02, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Reinvest Dividends and Rebalancing?
Replies: 7
Views: 889

Re: Reinvest Dividends and Rebalancing?

I would also advise you use SpecID in regards to cost basis. This will allow you (barring changes to the tax code) to sell your highest-price-paid shares down the line in the event you sell shares, thereby reducing capital gains taxes.
by Chadnudj
Mon Dec 11, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 11722

Re: 2018 financial goals - what are yours?

1. Max my 401k (have done this in recent years) 2. Max my wife's 401k (got close this year, will finally do it next year). 3. Max both of my kids' 529 accounts (going to do this in 2017, will do it again next year). 4. Split all extra money (bonuses, tax refunds, credit card rewards, anything else t...
by Chadnudj
Thu Nov 30, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: A good friend has nearly $1M in BitCoin what do I tell him?
Replies: 149
Views: 17168

Re: A good friend has nearly $1M in BitCoin what do I tell him?

Granted, he “saw the light” nearly 4 years ago, when BTC was $114. He bought $10K worth. I’m thinking it might be time to take some profits. He is a working stiff, but also a business man and a smart one at that. His opinion is that if if it goes to zero, $10K won’t break him, but if he sells, he m...
by Chadnudj
Mon Nov 27, 2017 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Edited Question: In-Retirement - Need Portfolio Evaluation etc
Replies: 62
Views: 3493

Re: In-Retirement: Move 401k & SEP-IRA to MM, then to Index Funds via dollar cost averaging?

I may be completely wrong here (so someone correct me if I am), but I do not believe tax loss harvesting should play any role in regards to handling 401k/SEP IRA/tIRA/Roth IRA funds -- simply put, they grow tax free, and thus transactions within them (i.e. changing allocations between stocks/bonds) ...
by Chadnudj
Tue Nov 21, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: Your favorite Costco wines?
Replies: 40
Views: 4300

Re: Your favorite Costco wines?

FWIW, we've really enjoyed the "Three Thieves" red blend in the 1.5 liter bottle -- very affordable (downright cheap, frankly), and as tasty as many higher priced wines I've tried (little more body than a pinot noir, but way less tanniny than a cabernet or malbec)
by Chadnudj
Mon Nov 20, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 2283

Re: Recommend a daily driver

The issue is I won't have the time or desire to deal with rental cars/repairs if indeed a catastrophic repair was necessary. Common issues on the M3 despite maintenance varies from cooling system failure to rod bearing replacement. Not too mention despite popular belief, the M3 seats are highly unc...
by Chadnudj
Mon Nov 20, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 2283

Re: Recommend a daily driver

It is well maintained and I am a DIY kind of guy. But with 120k miles on it I will have no time to fix unexpected issues that may arise. Additionally, I will no longer be able to garage it and it will be subjected to door dings, etc Even though the value of it is probably around $14-15k, I mentally...
by Chadnudj
Thu Nov 16, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5651

Re: Help for semi retired friend with 8 figure savings

Seems like a classic need/ability/willingness to take risk scenario, so start there: 1. What does your friend NEED to maintain his lifestyle through death? Find that number in terms of annual expenses, and then multiply it by 50, which would represent a 2% withdrawal rate. If it's $500k, that would ...
by Chadnudj
Mon Nov 13, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Contribution limit for 2018
Replies: 2
Views: 810

Re: 529 Contribution limit for 2018

Yes, you individually can contribute $15k. Your spouse (if you have one) could contribute another $15k. And you could repeat this for multiple accounts (i.e. if you have 3 kids, $30k per in each). Now, that doesn't mean you'd get to deduct the full $30k (or $90k) in contributions from your state tax...
by Chadnudj
Tue Nov 07, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: I Cut the Cord yesterday!
Replies: 51
Views: 4816

Re: I Cut the Cord yesterday!

Just wanted to say loud and proud that I finally cut the cord from cable yesterday! I now only get internet from Spectrum and we have youtube TV (I had to have access to ESPN) for our channels along with hulu and netflix. It feels great to return all of the equipment to Spectrum. It was funny becau...
by Chadnudj
Tue Nov 07, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Where to take more risk: 401k or Roth?
Replies: 32
Views: 3291

Re: Where to take more risk: 401k or Roth?

Now I'll open a related can of worms, er, "discussion thread." My daughter works for GE. Engineer there, bright future, at least to the extent that GE has a bright future. So who knows. Her 401k is in a low-cost 2055 target fund. 90% of it. She has two-years new cash ($11,000) in the Roth, deposite...
by Chadnudj
Mon Nov 06, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Term Life - Time to cancel?
Replies: 33
Views: 3075

Re: Term Life - Time to cancel?

Just jumping in to note: I have term life insurance through Northwestern Mutual up to age 80. The policy does have "dividends" that get used to reduce my monthly premiums. (As does my disability insurance, FWIW.) It's still term insurance, though. My two cents: keep the insurance. Yes, it may never ...
by Chadnudj
Mon Nov 06, 2017 10:59 am
Forum: Investing - Help with Personal Investments
Topic: Investing in index funds at this moment
Replies: 50
Views: 4062

Re: Investing in index funds at this moment

Stealing this from the excellent "A Wealth of Common Sense" blog by Ben Carlson: The CAPE ratio has been above the 17.9 average 49 years and below average 40 years since 1928. But since 1990 there’s only been one year (2009) when it began the year below the rolling average historical CAPE. If you on...
by Chadnudj
Thu Oct 26, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Payoff Student Loans or Save?
Replies: 13
Views: 1373

Re: Payoff Student Loans or Save?

Absolutely pay off the loans. THEN, save. You've got 5.25% guaranteed return on the loans you pay off. You can't beat that anywhere. No question. Pay off the loans. Only exception: If your employer offers a "match", then contribute enough to get your match. Then, the rest goes to pay down the loans...
by Chadnudj
Thu Oct 26, 2017 8:36 am
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 6695

Re: My fear about buying a house justified?

Why not rent the 2 bedroom condo? It would cost you $2500 a month vs. $2800 for mortgage ($2500) plus HOA ($300), but would leave your cash untouched. You could then invest the $200k cash and $160k in CDs into a stock/bond allocation that makes sense for you, with a goal to bump up those retirement ...
by Chadnudj
Fri Oct 20, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Is my rental property worth keeping?
Replies: 28
Views: 2187

Re: Is my rental property worth keeping?

1850 rent on a 380k property is really really low. Are you renting below market rent? Also, tell us about the house? SF Detached? Age? Area? City? Sqr ft? etc... I added property details to the original post. I do think I am renting below market rate as I have not raised the rent for two years (las...
by Chadnudj
Tue Oct 17, 2017 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Car fund in index fun or savings?
Replies: 19
Views: 1728

Re: Car fund in index fun or savings?

Our goal is to never finance another car again. So, would it be smarter tax wise to keep car fund money in index funds vs. savings? Not to mention it would be nice to make some money on fund. Willing to take some risk. Really just trying to do what's best for tax consequences. Thanks in advance. Su...
by Chadnudj
Tue Oct 17, 2017 7:12 am
Forum: Investing - Help with Personal Investments
Topic: Should I contribute 100% of paycheck to 401k?
Replies: 13
Views: 2864

Re: Should I contribute 100% of paycheck to 401k?

Two things - There's a limit on your contribution. If you get a company match, you more than likely will not get that match with a front loading strategy. For example, I get a 5% match, based on my biweekly salary. If I want to fill up my annual $18k contribution in just a couple of months I'll be ...
by Chadnudj
Sat Oct 14, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 7074

Re: Which Streaming Service/Live TV?

May be slightly more expensive than your target, but I'm pleased with Hulu Live TV's service -- get all the ESPNs, HGTV, Food Network, Bravo, Big Ten Network, FX, Disney, Cartoon Network, CNN, MSNBC and my local ABC/CBS/NBC/Fox. Plus you get a DVR that records live TV for you/lets you pause, AND you...
by Chadnudj
Mon Oct 09, 2017 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Windfall and advice
Replies: 52
Views: 5391

Re: Windfall and advice

If the only thing you're worried about is rebalancing, why not just go with Vanguard LifeStrategy? LifeStrategy Growth is basically an 80-20 stock-bond fund with international included, auto-rebalances, and has an expense of 0.15% (which is FAR less than you'd pay for a comparable adviser to do the...
by Chadnudj
Sun Oct 08, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall and advice
Replies: 52
Views: 5391

Re: Windfall and advice

If the only thing you're worried about is rebalancing, why not just go with Vanguard LifeStrategy? LifeStrategy Growth is basically an 80-20 stock-bond fund with international included, auto-rebalances, and has an expense of 0.15% (which is FAR less than you'd pay for a comparable adviser to do the ...
by Chadnudj
Thu Sep 14, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 94
Views: 13283

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

From article: Comparing hedge funds and the S&P 500 is a little bit like asking which team is better, the Chicago Bulls or the Chicago Bears. Like the Bulls and the Bears in the Windy City, hedge funds and the S&P 500 play different sports. Pretty much stopped reading there. Every Chicagoan can tell...