Search found 679 matches

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: 15
Views: 910

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: 15
Views: 910

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: 87
Views: 6644

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: 15
Views: 910

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: 11886

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: 7789

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: 887

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: 3267

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: 548

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: 7347

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: 1217

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: 1217

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: 1110

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: 3965

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: 843

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: 11433

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: 16662

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: 3335

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: 4049

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: 2108

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: 2108

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: 5448

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: 696

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: 4657

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: 3144

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: 2992

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: 3939

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: 1343

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: 6594

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: 2103

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: 1621

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: 2711

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: 6222

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: 5141

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: 5141

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: 13032

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...
by Chadnudj
Wed Sep 13, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6107

Re: Paying off debt vs. max savings

If you want to keep the property, consider recasting the mortgage (i.e. paying off the principal but keeping the same interest rate/loan terms) down to a point where your monthly rent exceeds the monthly mortgage price plus some safety buffer. That way, what is currently a cash-flow drain is, at mi...
by Chadnudj
Wed Sep 13, 2017 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 6107

Re: Paying off debt vs. max savings

Good point, and I have thought of that--selling the property. However, the house is currently valued at $80k (according to Zillow based on surrounding comps). We receive about $950 in rental income with $90/mo going to property management (it is too far from us to manage ourselves). So, if we sold ...
by Chadnudj
Wed Sep 13, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 90
Views: 5661

Re: Traditional 401K vs Roth 401K

Thank you to FiveK and JBTX for the explanations! Was really struggling with how to conceptualize it mathematically, but now I see what you're talking about.
by Chadnudj
Wed Sep 13, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 90
Views: 5661

Re: Traditional 401K vs Roth 401K

So if your total (SS+traditional 401k withdrawals) is in the 28% bracket, you're still paying no more than 28% on that last dollar (and probably less since only 85% of your SS amount is subject to that tax). Am I right in this? Or have I got it all wrong? I just am not understanding how you come to...
by Chadnudj
Tue Sep 12, 2017 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 90
Views: 5661

Re: Traditional 401K vs Roth 401K

How do you know what his marginal tax rate at retirement will be? Like I said, my scenario is somewhat similar to his, and somebody ran some numbers for me (based upon my inputs) and my marginal tax rate in retirement was above 40% - due to tax on social security. I've seen you mention this repeate...
by Chadnudj
Tue Sep 12, 2017 11:28 pm
Forum: Investing - Help with Personal Investments
Topic: Traditional 401K vs Roth 401K
Replies: 90
Views: 5661

Re: Traditional 401K vs Roth 401K

Just to add a few details which might spur any additional thoughts from everyone: We are fortunate enough that our current household gross income is about $215K to $255K depending on how annual bonuses fall. That places the later portions of our current income in a pretty high tax rate. Given earni...
by Chadnudj
Tue Sep 12, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Dividend impact of investing $4,000 / month in VTSAX?
Replies: 5
Views: 1348

Re: Dividend impact of investing $4,000 / month in VTSAX?

The one practical interest in estimating dividend income I can think of is anticipating one's tax costs. Exactly. If you can estimate the expected dividend income, you can also estimate how much you need to set aside in cash each year (or additional amount you need withheld from your wages) to pay ...
by Chadnudj
Wed Sep 06, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 10422

Re: When calculating net worth, how do you value your house?

For primary residence, I use our purchase price. Yes, it has increased in value since we bought it, but I want to be very conservative in regards to its value, since it's not really an "investment" but rather a place we live that has some investment-like features. For rental property, I use Zillow e...
by Chadnudj
Tue Sep 05, 2017 10:55 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 26936

Re: Name something you had to have and now you regret purchasing it?

A rental property. Look, it may end up working out in the end....but I think of the time/money spent on the property (and the lost earnings on that time/money invested elsewhere) and the pain in the neck tenants (although my current tenants are wonderful), and all I can say is that once these tenant...
by Chadnudj
Fri Aug 25, 2017 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 15174

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

Any study that uses rolling windows and only data after 1970 is very suspect. Aside from the problems with rolling window to begin with, there are only 17 30-year periods since 1970 and only 7 40-year periods. :oops: How can one possibly make a statement about safe withdrawal rates and probability ...
by Chadnudj
Fri Aug 25, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Priorities - Biglaw junior associate
Replies: 45
Views: 4888

Re: Priorities - Biglaw junior associate

This is a fascinating thread. I understand the people who have responded and said don't pay down the debt yet, prepayment gets you nowhere, etc. But it's interesting that everyone who has responded and who has worked or is working in BigLaw has given you the same investment -- pay down the debt fir...
by Chadnudj
Fri Aug 25, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Priorities - Biglaw junior associate
Replies: 45
Views: 4888

Re: Priorities - Biglaw junior associate

I don't think there is a right answer to this, really, but I lean towards saving excess money rather than paying off the student loan debt. Right now, you can afford the student loan payments, and you even mention paying some excess. This is great. For now, and perhaps you'll make partner and pay of...
by Chadnudj
Wed Aug 23, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Miles Davis: Kind of Blue - Question for Jazz experts
Replies: 49
Views: 3613

Re: Miles Davis: Kind of Blue - Question for Jazz experts

If you love Miles Davis and Kind of Blue, I'd definitely suggest moving on with the following artists: Dave Brubeck - Time Out (although really just go for Greatest Hits, which will get you the best of Time Out plus some of Brubeck's cool stuff like his jazz interpretations of West Side Story) John ...
by Chadnudj
Thu Aug 10, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 5393

Re: Where To Put My Emergency Fund?

State of emergency or no, it's happened several times in recent U.S. history. Most of Michigan and some areas in nearby states and Canada lost power for over 24 hours due to a power grid issue. Many retailers stayed open, but the only way people could buy anything was with hard cash. The utility co...