Search found 767 matches

by Chadnudj
Wed Jun 12, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How are your 30s financially different than your late 20s?
Replies: 47
Views: 5674

Re: How are your 30s financially different than your late 20s?

I'm about to turn 30 this year and am curious what this next decade will bring. I already have a young child, a marriage, home, and career so curious if it gets much different and if there is anything financially I should prepare for. I already have a will, life and disability insurance, and have s...
by Chadnudj
Fri May 17, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: VIX [Cboe Volatility Index]
Replies: 31
Views: 2014

Re: VIX [Cboe Volatility Index]

There is some excellent research (see Griffin and Shams) and some current lawsuits pending in federal court showing/alleging that the VIX is susceptible to manipulation (and, indeed, has been manipulated). Stay far away. A recent working paper The VIX Volatility Index - A Very Thorough Look at it m...
by Chadnudj
Fri May 17, 2019 10:32 am
Forum: Investing - Theory, News & General
Topic: VIX [Cboe Volatility Index]
Replies: 31
Views: 2014

Re: VIX [Cboe Volatility Index]

There is some excellent research (see Griffin and Shams) and some current lawsuits pending in federal court showing/alleging that the VIX is susceptible to manipulation (and, indeed, has been manipulated).

Stay far away.
by Chadnudj
Wed May 15, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4780

Re: Concerned about getting laid off

The layoffs are at all levels and the severance is really bad (4 to 12 weeks). I think I would be at the 12 week end due to my tenure. I’m curious why you think paying off the car loan is important? It’s a very low interest rate and over the life of the loan interest is only costing about $2,300. F...
by Chadnudj
Wed May 15, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4780

Re: Concerned about getting laid off

If I pay down debt faster that cuts into cash though and I feel like it would put us in a worse position if I get laid off. We mostly max out retirement saving, HSA, and have a high deductible health plan. Net income is about $150K. About $40K goes to the house (mortgage, PT, HOI and whatever else ...
by Chadnudj
Wed May 15, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4780

Re: Concerned about getting laid off

You mentioned vested stock... might be a good time to reduce risk by selling employer stock and moving proceeds into a total stock market fund. Do a benefits review. Get your doctor and dental appts done. If you have only employer life insurance policies, consider obtaining your/spouse term life po...
by Chadnudj
Wed May 15, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4780

Re: Concerned about getting laid off

If you're given 2 weeks, use that time ONLY to look for a job, collect your stuff and files. This is not the time to be a loyal servant and finish up projects or generate reports. If they really need projects finished or reports generated, they can reconsider and keep you on for another 6 months......
by Chadnudj
Wed May 15, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4780

Re: Concerned about getting laid off

Your debts are more than you have saved and you make a TON of money. I'd be worried about that no matter how stable my job was. I’m not following this comment. If I’m reading this correctly, anyone that buys a house or takes on any debt should have the value of the debt saved in cash already? More ...
by Chadnudj
Wed May 15, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Concerned about getting laid off
Replies: 47
Views: 4780

Re: Concerned about getting laid off

I would suggest that you tighten your belt and boost your savings. I survived several decades of major layoffs, so it is not a foregone conclusion that you will lose your position. During one of the first layoff rounds I did some interviewing including one cross country visit. I got an offer minima...
by Chadnudj
Thu May 09, 2019 4:59 am
Forum: Personal Investments
Topic: I will inherit 2Mil What to do with it?
Replies: 54
Views: 8262

Re: I will inherit 2Mil What to do with it?

Absolutes csn be harmful. OP wants to wait until unspecified correction to enter which is timing market, but I understand desire to not get in at a high Everyone commenting warns against timing market. If he wants 50/50 allocatioj, why not go to that over time? Is 3 years too long to be allocated l...
by Chadnudj
Tue May 07, 2019 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: College credit for HS courses or not?
Replies: 49
Views: 2265

Re: College credit for HS courses or not?

My experience (at private university in Midwest): AP courses that I got a 4 or 5 on basically all counted for credits and to fulfill prerequisite requirements generally, but not specific to my major. So I didn't have to take science or math classes in order to graduate from the College of Arts and S...
by Chadnudj
Thu May 02, 2019 10:31 am
Forum: Personal Investments
Topic: Future inheritance impacts on Trad/Roth 401k choice
Replies: 14
Views: 767

Re: Future inheritance impacts on Trad/Roth 401k choice

If you are 37, your parents and inlaws may be...60? Slightly older? That means they could be alive for 30 MORE YEARS. Unless you have a large vested pension that will fill up lower brackets, Roth probably is not for you (for now). They are all in their early 70s. I also get a cash balance plan thro...
by Chadnudj
Thu May 02, 2019 9:10 am
Forum: Personal Investments
Topic: Future inheritance impacts on Trad/Roth 401k choice
Replies: 14
Views: 767

Re: Future inheritance impacts on Trad/Roth 401k choice

For years I have been maxing out my 401k into Roth, with a 6% employee match to the traditional. We also have 2 Roth IRAs we contribute to. Right now our total portfolio is 58% Roth/42% Traditonal (~$600k). Assuming just our retirement funds, I am currently projecting we would be in the lower to mi...
by Chadnudj
Wed May 01, 2019 2:11 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 219
Views: 23752

Re: What is your AA, given your age? and, Why?

Age: 39 (me and spouse) AA: 80/20 (roughly -- my 401k is all Vanguard LifeStrategy Growth which is 80-20, and my wife's 401k contributions/my rollover IRA/her rollover IRA are all similarly allocated, but I'm not too active on rebalancing them so they may have drifted over time). Pretty much plannin...
by Chadnudj
Thu Apr 18, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start spending more and saving less?
Replies: 77
Views: 5120

Re: When did you start spending more and saving less?

Feeling that we have enough and believing that we are FI has led me to conclude I should ease up on saving and spend a little more freely. At what point in accumulation did you feel it would be good to start spending a little more and saving a little less? In the spirit of the question: We cut back...
by Chadnudj
Fri Apr 12, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 6282

Re: Soon to be dad, how to prepare

Stuff: - Carseat: I highly recommend the Chicco KeyFit. VERY easy to install the base, the car seat just snaps in, and you can buy multiple bases for multiple cars (grandparents, you/your spouse, etc.). - Stroller: tons of good options here, all of which are good for different things, so I won't get...
by Chadnudj
Thu Apr 11, 2019 4:04 pm
Forum: Personal Investments
Topic: Seeking review of financial situation
Replies: 6
Views: 589

Re: Seeking review of financial situation

I really think you should be maxing out the 403b, rather than paying extra on the mortgage. 3.375% is INSANELY low for an interest rate, you already have roughly 40% equity in your home, and you're using after tax money to pay that low interest rate mortgage down faster, rather than using pre-tax mo...
by Chadnudj
Thu Apr 04, 2019 9:22 pm
Forum: Personal Investments
Topic: Clean up of 100+ stocks in taxable
Replies: 32
Views: 2698

Re: Clean up of 100+ stocks in taxable

So I finally took over my taxable account from an active manager—it’s a large account with over 100 stocks, along with a handful of etfs. I can probably keep several of the etfs and match them for future TLH with corresponding index fund. Regarding the stock selling, would the following be a reason...
by Chadnudj
Mon Apr 01, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 14705

Re: How often do you check your net worth?

Daily.

Is that excessive? Of course. But my mind's on my money and my money's on my mind. (And this way I catch any problems quickly, too.)
by Chadnudj
Tue Mar 26, 2019 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 5324

Re: Help with law school decision

Unrelated (for the most part), but I will say that as a UVA Law alum, it is a wonderful place to spend three years of your life, I made many life long friends there, and I would move back to Charlottesville in a heartbeat if a great opportunity presented itself. It seems like everyone I hear from t...
by Chadnudj
Tue Mar 26, 2019 12:32 pm
Forum: Personal Investments
Topic: Retired- Target Retirement Funds Pros and Cons
Replies: 11
Views: 933

Re: Retired- Target Retirement Funds Pros and Cons

One other (slight) con: you may not want/need the glide path of a Target Date fund, and may be better off with a stable AA fund (like Vanguard's LifeStrategy Funds) that doesn't have a glide path. My work plan offers both Target Date and LifeStrategy plans. I've put all my money in LifeStrategy pla...
by Chadnudj
Tue Mar 26, 2019 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 5324

Re: Help with law school decision

Unrelated (for the most part), but I will say that as a UVA Law alum, it is a wonderful place to spend three years of your life, I made many life long friends there, and I would move back to Charlottesville in a heartbeat if a great opportunity presented itself.
by Chadnudj
Tue Mar 26, 2019 10:13 am
Forum: Personal Investments
Topic: Retired- Target Retirement Funds Pros and Cons
Replies: 11
Views: 933

Re: Retired- Target Retirement Funds Pros and Cons

One other (slight) con: you may not want/need the glide path of a Target Date fund, and may be better off with a stable AA fund (like Vanguard's LifeStrategy Funds) that doesn't have a glide path. My work plan offers both Target Date and LifeStrategy plans. I've put all my money in LifeStrategy plan...
by Chadnudj
Tue Mar 26, 2019 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 5324

Re: Help with law school decision

Is she trying for biglaw, with $160k-ish starting salaries? Does she like working about 2200 hours + per year? For years on end? Thats only 42.5 hours a week? Doesn't sound to demanding. That's billable hours -- hours you work that a client is actually paying for....which means it doesn't include t...
by Chadnudj
Tue Mar 26, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 5324

Re: Help with law school decision

My daughter has a few options regarding her choice of law schools. I’ll list the schools and the estimated out of pocket expenses for the 3 years. Notre Dame 154k Emory 100k Arizona St. 98k Univ of Iowa 56k Wake Forest 70k Univ of Fla. 56k Wash & Lee 96k William &Mary 76k She is waitlisted at Unive...
by Chadnudj
Mon Mar 25, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Should basements be insulated from the outside or inside? New construction
Replies: 17
Views: 1486

Re: Should basements be insulated from the outside or inside? New construction

Related to this: is there any benefit to having the ceiling of your basement (a.k.a. below your 1st floor floors) insulated? And what about insulating ducts in the basement carrying heat/air conditioning to other parts of the house from the basement located furnace/blower? You can but it needs to b...
by Chadnudj
Mon Mar 25, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: Should basements be insulated from the outside or inside? New construction
Replies: 17
Views: 1486

Re: Should basements be insulated from the outside or inside? New construction

Related to this: is there any benefit to having the ceiling of your basement (a.k.a. below your 1st floor floors) insulated? And what about insulating ducts in the basement carrying heat/air conditioning to other parts of the house from the basement located furnace/blower? I'm in the Midwest, a new ...
by Chadnudj
Wed Mar 20, 2019 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 10713

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

First, since it sounds like there is a high probability that your father will need some kind of long term care, I’d become familar with your parents’ state’s Medicaid laws. There are a lot of regulations regarding income, assets, and what the spouse may keep in order for someone who needs care to q...
by Chadnudj
Fri Mar 08, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 10713

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

First, since it sounds like there is a high probability that your father will need some kind of long term care, I’d become familar with your parents’ state’s Medicaid laws. There are a lot of regulations regarding income, assets, and what the spouse may keep in order for someone who needs care to q...
by Chadnudj
Wed Mar 06, 2019 2:10 pm
Forum: Investing - Theory, News & General
Topic: What do you tell people who ask for retirement/investment advice?
Replies: 71
Views: 5352

Re: What do you tell people who ask for retirement/investment advice?

The only thing I could tell him was to delay SS as long as possible, even if he has to work longer. And I pointed out that if he experiences a shortfall later in life it will be much more difficult to get a job than if he keeps working now. One other piece of advice -- he should downsize now, rathe...
by Chadnudj
Wed Mar 06, 2019 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Stay the course with baby on the way?
Replies: 28
Views: 1728

Re: Stay the course with baby on the way?

I'll echo the life insurance/increase your emergency fund as much as possible suggestions above. I'd also suggest you spend some time understanding your employers' respective benefits regarding dependent care. My employer (for instance) has a dependent care savings account -- essentially a flex spen...
by Chadnudj
Thu Feb 28, 2019 9:05 pm
Forum: Investing - Theory, News & General
Topic: The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement - Michael Kitces
Replies: 91
Views: 7336

Re: The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement - Michael Kitces

... that would be such a series of catastrophes (remember, Trinity worked for Great Depressions/World Wars/stagflation) that it's almost inconceivable to imagine society functioning soundly... Inconceivable? Hardly. It's not a minor point that the US homeland and industrial base was left unscathed ...
by Chadnudj
Thu Feb 28, 2019 7:16 am
Forum: Investing - Theory, News & General
Topic: The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement - Michael Kitces
Replies: 91
Views: 7336

Re: The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement - Michael Kitces

Indeed. Nassim Nicholas Taleb wrote: To take one example, risk-management professionals look to the past for information on the so-called worst-case scenario to estimate future risks – this method is called "stress testing." They take the worst historical recession, the worst war, the worst histori...
by Chadnudj
Wed Feb 27, 2019 4:12 pm
Forum: Investing - Theory, News & General
Topic: The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement - Michael Kitces
Replies: 91
Views: 7336

Re: The Extraordinary Upside Potential Of Sequence Of Return Risk In Retirement - Michael Kitces

This seems like a good argument (as Kitces would himself point out) for considering a dynamic withdrawal approach that may (after surviving a certain number of years at 4% or whatever as a SWR and seeing your principal even adjusting for inflation increase) permit you to increase your withdraw rate ...
by Chadnudj
Wed Feb 20, 2019 9:15 am
Forum: Personal Investments
Topic: Eliminate my emergency fund?
Replies: 90
Views: 6329

Re: Eliminate my emergency fund?

Since you have 1.3 million, "protecting" 31k in a MMF seems silly. Invest your money in a tax efficient way and let the chips fall where they may. I'll play the devil's advocate to this: If you have $1.3 million invested at your preferred asset allocation, moving this $31k (less than 3% of your tot...
by Chadnudj
Wed Feb 20, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: My Mortgage = Is it a problem?
Replies: 49
Views: 3793

Re: My Mortage = Is it a problem?

It doesn’t have to be this complicated. There is nothing wrong with paying extra or investing. Either is fine. Continue to contribute to a 529 if it makes you comfortable and get the tax free growth. The OP is doing great financially so do what helps you sleep better at night. Split the difference ...
by Chadnudj
Wed Feb 20, 2019 8:58 am
Forum: Personal Investments
Topic: Eliminate my emergency fund?
Replies: 90
Views: 6329

Re: Eliminate my emergency fund?

Since you have 1.3 million, "protecting" 31k in a MMF seems silly. Invest your money in a tax efficient way and let the chips fall where they may. I'll play the devil's advocate to this: If you have $1.3 million invested at your preferred asset allocation, moving this $31k (less than 3% of your tot...
by Chadnudj
Thu Nov 29, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2604

Re: Guy's Western US Ski Trip - suggestions?

Tahoe. You get skiing and casinos (great if your guys' group is into that.)
by Chadnudj
Tue Oct 23, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: Hulu & NBC
Replies: 16
Views: 1446

Re: Hulu & NBC

Weird. I have Hulu Live and I get my local NBC station, no problem (including Sunday Night NFL games). Maybe it's a promotional thing? For awhile when I scrolled through channels it showed my local NBC station under its call letters (W-something-something-something) in the alphabetical listing. If H...
by Chadnudj
Thu Oct 18, 2018 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Kids inherited $8,000 each - 529 or regular brokerage?
Replies: 34
Views: 2420

Re: Kids inherited $8,000 each - 529 or regular brokerage?

Here's a weird question, but: How do you think the decedent would have wanted your kids to have used this money? If you follow the values of the person who left this money to your kids, you can't go wrong. I know when I inherited money at a young age from my great aunt (who was basically another gra...
by Chadnudj
Mon Oct 15, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 14701

Re: Correlation between the FIRE movement and one of the greatest bull markets

I think this explains the rather dismal outlook of the 2000 "early retiree" cohort: https://earlyretirementnow.com/2017/01/18/the-ultimate-guide-to-safe-withdrawal-rates-part-6-a-2000-2016-case-study/ I find that post interesting insofar as the data seems to go AGAINST their very own conclusions. F...
by Chadnudj
Wed Sep 12, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Massive Student Loan Debt - Fiancee
Replies: 108
Views: 10926

Re: Massive Student Loan Debt - Fiancee

Not for nothing, but is there any particular reason why a $45k salary is your peak with a finance degree? And if she is banking the extra amount from her loans, that suggests she should have some money in the bank account right now/when she graduates. If so, take that, and just put it on a massive p...
by Chadnudj
Fri Sep 07, 2018 4:18 pm
Forum: Personal Investments
Topic: Emergency Fund vs Retirement Contributions Help Needed
Replies: 4
Views: 514

Re: Emergency Fund vs Retirement Contributions Help Needed

FWIW, if you have a Roth, your contributions (since they can be withdrawn tax free) ARE an additional emergency fund for you. So I'd keep on doing what you're doing -- max out the 401k, max out the Roth, try to build the emergency fund with anything extra/bonuses/tax refunds.
by Chadnudj
Wed Sep 05, 2018 9:03 am
Forum: Personal Investments
Topic: Best Vanguard fund for stability
Replies: 13
Views: 1720

Re: Best Vanguard fund for stability

Good morning. Thanks for your replies. Maybe I am wearing a tin foil hat today. My father-in-law has done very well with his investments over the years. He was telling my wife that maybe we should consider putting our money in cash because he feels the market will tank soon. I've read a few article...
by Chadnudj
Tue Aug 07, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Tax Strategies for Selling a Rental Property - Not Section 1031 Eligible
Replies: 11
Views: 899

Re: Tax Strategies for Selling a Rental Property - Not Section 1031 Eligible

Thanks, y'all. Definitely agree with the consensus that the tax hit won't be too bad after looking at it more carefully (we typically get a decent refund anyways, so maybe we'll just get less of one this year), and I 1000% agree that this is a good problem to have -- I'd much rather pay taxes on a g...
by Chadnudj
Mon Aug 06, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Strategies for Selling a Rental Property - Not Section 1031 Eligible
Replies: 11
Views: 899

Re: Tax Strategies for Selling a Rental Property - Not Section 1031 Eligible

Thanks for pointing out depreciation. I'm going to have to look back and figure out all the depreciation I had over the years (looking at 2016, for instance, I had $5,436 in depreciation). So, looks like I'm going to have some problems here -- total depreciation would/could be $50k or so. Ugh. As fo...
by Chadnudj
Mon Aug 06, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Tax Strategies for Selling a Rental Property - Not Section 1031 Eligible
Replies: 11
Views: 899

Tax Strategies for Selling a Rental Property - Not Section 1031 Eligible

Hey Bogleheads, So, I've owned a rental property since 2007 in Florida -- I've never lived in it, it's solely been a rental property the entire time I've owned it. Stuck with it through all the ups and downs in the market and with good/bad tenants, but decided that once my current good tenant left I...
by Chadnudj
Fri Jul 20, 2018 12:26 pm
Forum: Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2983

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

The turning point will come sooner than you think, compounding works in mysterious ways, even after several bad hiccups during my investment period, am surprised by level of growth and I own zero fancy stuff. Amen, friend. It's not just compounding I'm looking forward to (I'm already experiencing t...
by Chadnudj
Fri Jul 20, 2018 6:54 am
Forum: Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2983

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

The turning point will come sooner than you think, compounding works in mysterious ways, even after several bad hiccups during my investment period, am surprised by level of growth and I own zero fancy stuff. Amen, friend. It's not just compounding I'm looking forward to (I'm already experiencing t...
by Chadnudj
Fri Jul 20, 2018 6:41 am
Forum: Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2983

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

I am 26 and maxed out my 401k for the first time last year (along with a roth IRA and HSA). My debate this year is whether to hit the max with a roth 401k. I am saving to pay cash for a car later in the year and after that I am moving on to a house down payment. My struggle is that going full roth ...