Search found 705 matches

by Chadnudj
Fri May 18, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Retiring soon - some questions
Replies: 27
Views: 3062

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: 6649

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: 1080

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: 685

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: 1881

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: 1244

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: 3235

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: 5587

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: 1646

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: 1394

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: 10395

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: 6152

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: 10042

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: 2460

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: 7206

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: 2163

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: 2163

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: 7487

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: 6273

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: 2981

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: 1847

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: 3037

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: 1188

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: 7485

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: 1228

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: 2022

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: 2022

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: 2022

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: 301
Views: 29377

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: 2022

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: 12755

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: 8652

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: 994

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: 3679

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: 639

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: 8888

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: 1482

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: 1482

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: 1340

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: 4435

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: 978

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: 12058

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: 17678

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: 3690

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: 4508

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: 2379

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: 2379

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: 5805

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: 957

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: 5095

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...