Search found 711 matches

by Chadnudj
Thu Jun 14, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Any problem opening fund "Investor", then building to "Admiral"?
Replies: 25
Views: 1587

Re: Any problem opening fund "Investor", then building to "Admiral"?

I don't believe the exchange is automatic. As I recall, shortly after I met the balance requirement they sent me a notice asking me if I wanted to make the exchange. Same here....which raises an interesting question: When I chose to convert from Investor to Admiral Shares (after I had accumulated e...
by Chadnudj
Tue Jun 05, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Downsize due to tax law change?
Replies: 31
Views: 1693

Re: Downsize due to tax law change?

Perhaps a dumb question, but have you first tried appealing your property assessment down?

Seems like you might be able to, given neighbors with much lower property taxes.
by Chadnudj
Mon Jun 04, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12465

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

Let me clear up how the law professor thing works now -- and believe me there is only ONE career path to this now -- you go to a top 5/10 law school, graduate with top of the class grades, then you get a BigLaw job, and either take that job after law school, or you spend the next several years chas...
by Chadnudj
Sun Jun 03, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 273
Views: 12465

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

Let me clear up how the law professor thing works now -- and believe me there is only ONE career path to this now -- you go to a top 5/10 law school, graduate with top of the class grades, then you get a BigLaw job, and either take that job after law school, or you spend the next several years chas...
by Chadnudj
Fri Jun 01, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Financial setback stories
Replies: 21
Views: 3465

Re: Financial setback stories

Anyone care to share a financial setback that they bounced back from? Huge medical expense, lawsuit, divorce, job loss? Feel some perspective would do us well and show perhaps we aren’t alone in our setbacks to financial freedom. February 2014. Found out we were pregnant, put our one bedroom condo ...
by Chadnudj
Tue May 29, 2018 6:19 am
Forum: Investing - Help with Personal Investments
Topic: 529 Dilemma
Replies: 16
Views: 1685

Re: 529 Dilemma

My wife and I recently became 1st time grandparents. We are fortunate to be able to fund future educational expenses to help our son and his wife. We’ve looked into opening a 529 account with VG. All of our investments are with VG, and like the fact all accounts will be held at one institution. We ...
by Chadnudj
Fri May 18, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3306

Re: Retiring soon - some questions

I do not believe your tax situation makes the tax-exempt muni bond fund a good deal. Based on your portfolio size and your expected income, I think you should tax-loss harvest that entire position and instead put your bond fund assets in your tax-deferred accounts (401(k), rollover IRA). You should...
by Chadnudj
Mon May 14, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: Doubling Your Money
Replies: 32
Views: 6837

Re: Doubling Your Money

It includes dividends. But do you understand the main points of my previous post? That returns or rather sequence of returns are highly variable? Many expect to double every 10 years and then are disappointed when they don't. I do. The reason I ask is that at age 50 we have a fair bit in our retire...
by Chadnudj
Thu May 10, 2018 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: yet another should I change jobs question
Replies: 12
Views: 1127

Re: yet another should I change jobs question

Interesting question. My two cents: 1. Stick with it for now. It's always easier to find a job when you have a job, and as you said the pay is really good still. 2. Start networking, to the extent that's practical. Sounds like you're a tech guy in financial services/trading -- there are DEFINITELY o...
by Chadnudj
Tue May 01, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: About transferring money into Vanguard from outside
Replies: 4
Views: 716

Re: About transferring money into Vanguard from outside

I will add, and maybe my experience is unusual, but I can typically transfer funds to the settlement fund from my bank, and then from the settlement fund to whatever fund I want basically at the same time on the same day (first transfer from bank into settlement fund, then buy whatever fund I want),...
by Chadnudj
Mon Apr 30, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Las Vegas Restaurants
Replies: 25
Views: 1983

Re: Las Vegas Restaurants

I've heard great things about the southern fare and friend chicken at Yardbird at the Venetian.

And I can attest that the sushi at Yellowtail at the Bellagio is phenomenal (albeit pricey, but that's pretty much par for the course in Vegas these days)
by Chadnudj
Thu Apr 19, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Use Large Tax Refund for HELOC or 529?
Replies: 21
Views: 1295

Re: Use Large Tax Refund for HELOC or 529?

Thanks - perhaps tracking by stores would be a good way to track our discretionary spending? I.e., this might show if we are going overboard on groceries, or lunches, clothing, parking downtown, or Uber trips. I'm not great with excel, but maybe one of these templates could work? If you're anything...
by Chadnudj
Mon Apr 02, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: $6.55 Northrup Grumman 401k class action settlement
Replies: 24
Views: 3363

Re: $6.55 Northrup Grumman 401k class action settlement

Its a question of whether it is worth filling out class action settlement paperwork each time I get them in the mail. In this case for me it was not worth it ($6.55), although I didn't know that when submitting. But the fact that you got $100 is useful data, so thanks for the reply. I'm biased as a...
by Chadnudj
Wed Mar 28, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 5717

Re: Pay Off Mortgage with Windfall?

No one has ever said it has to be all of one or all of the other....so why not do both? Take $300k and recharacterize/paydown your mortgage (from a $500k mortgage to a $200k one). Take the other $300k and invest it according to your desired asset allocation. That way you lock in a 4% return on half ...
by Chadnudj
Tue Mar 27, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Need wireless earbuds recommendations
Replies: 19
Views: 1710

Re: Need wireless earbuds recommendations

I am looking to purchase wireless (Bluetooth) earbuds and would love to get some recommendations from trusted Bogleheads. I have done a a fair amount of website research as well as reading consumer reports recommendations and haven’t come up with a consensus. CR recommends around 8 brands but when ...
by Chadnudj
Wed Mar 07, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Strategies for a family with two young children - looking for advice
Replies: 15
Views: 1426

Re: Strategies for a family with two young children - looking for advice

We are 39 & 40 yrs old. 28 years left on a 30yr mortgage at 3.375% with a balance of $275k and we plan to stay put. House is currently worth $500k. No mortgage would free up about $1200/month Retirement savings to date: $120k (Roth 401k, Roth IRA, HSA) Current stock value: $110k Tax rate is current...
by Chadnudj
Tue Feb 27, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: What exactly happened in Japan...and can it happen here?
Replies: 52
Views: 10509

Re: What exactly happened in Japan...and can it happen here?

3) Combined with Japan's low birth rate, which was likely exacerbated by the difficult economic conditions in Japan, inflation has remained non-existent. In fact Japan has experienced prolonged deflation. .... 3. Our population is ever growing. We have stronger inflationary forces than Japan. I wil...
by Chadnudj
Mon Feb 26, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Laid off 3 years before plan, should I retire anyway?
Replies: 59
Views: 6296

Re: Laid off 3 years before plan, should I retire anyway?

First things first -- apply for unemployment, and look for a job. Maybe you find something you love and you stick with it three years or longer; maybe you don't, but so long as you're looking/weighing your options, you might as well take the unemployment while you can (you'd be entitled to it).
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: 10295

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: 2597

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: 7733

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: 2271

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: 2271

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: 7763

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: 6524

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: 3128

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: 2007

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: 3094

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: 1249

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: 88
Views: 7869

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: 1280

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: 2082

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: 2082

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: 2082

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: 325
Views: 34722

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: 2082

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: 12845

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: 8803

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: 1028

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: 3731

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: 665

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: 9273

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: 1529

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: 1529

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: 1376

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: 4556

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: 1023

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: 12417

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: 18046

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: 66
Views: 4337

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) ...