Search found 727 matches

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: 13250

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: 10307

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: Investing - Help with Personal Investments
Topic: Emergency Fund vs Retirement Contributions Help Needed
Replies: 4
Views: 478

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FWIW, if you have a Roth, your contributions (since they can be withdrawn tax free) ARE an additional emergency fund for you.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: Investing - Help with Personal Investments
Topic: Best Vanguard fund for stability
Replies: 13
Views: 1609

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: 829

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: 829

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: 829

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: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2708

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: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2708

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: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2708

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 ...
by Chadnudj
Fri Jul 20, 2018 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2708

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

Title says it all. I've already maxed out my Roth IRA in January and am working on trying to max out my 401k as well by the end of 2018. I have never maxed out my 401k before. Just turned 28. My math works out on paper; however, I've come to appreciate the ever changing complexity of life situation...
by Chadnudj
Tue Jul 17, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 3113

Re: Would you pay $120 for a 5 year dishwasher warranty?

Bought one about two years ago when we bought our fridge for 5 years, $250 via Home Depot. Ended up using just last week after it blew while we were on vacation. Repairs alone cost $400+, and the warranty also will get us reimbursed for food that went bad (which we added up would be about $300). So ...
by Chadnudj
Tue Jul 17, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I reduce the death benefit of my term life policy?
Replies: 20
Views: 1063

Re: Should I reduce the death benefit of my term life policy?

In the event that I die, I want to ensure that my son's college and graduate school are fully funded. Okay. That contradicts what you said in "If was to be hit by a bus tomorrow, my son is my only heir and would receive 100% of my 401/cash money/529 (obviously not all at once) and would also be sup...
by Chadnudj
Tue Jul 17, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Should I reduce the death benefit of my term life policy?
Replies: 20
Views: 1063

Re: Should I reduce the death benefit of my term life policy?

I wouldn't drop the coverage amount, assuming you can afford $81 a month. Look at it this way: $81 a month * 12 months a year * 15 more years = $14,580. Should you die, that $14,580 turns into $1.5 million tax free. If you dropped coverage to $750k: $40 a month * 12 months a year * 15 more years = $...
by Chadnudj
Tue Jun 26, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Roth or Traditional 401k with recent grad
Replies: 15
Views: 1014

Re: Roth or Traditional 401k with recent grad

If she puts $18,500 into a Roth 401k this year with a conservative 7%/year annual return for 40 years (double her money about every 10 years), she would have about $296,000 state & Federal tax free $'s at age 62 (assuming she's 22 years old now). If invested in the traditional tax deductible 401k, ...
by Chadnudj
Mon Jun 25, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help! Late Saver Approaching Retirement
Replies: 24
Views: 1628

Re: Help! Late Saver Approaching Retirement

Is there a reason you're planning on retiring at 62 and/or taking SS at 62? Given your fairly low cost-of-living and decent cash assets/401k balances (and the chance to grow them over at least the next few years from 58-62), I'd recommend living just off your cash savings and waiting on that SS clai...
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: 1845

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: 1896

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: 276
Views: 15240

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: 276
Views: 15240

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: 3646

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: 1830

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: 3581

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: 7044

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: 1249

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: 770

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: 2262

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: 1426

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: 34
Views: 6453

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: 6517

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: 2012

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: 1526

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: 10811

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: 6710

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: 10846

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: 2948

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: 8624

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: 2378

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: 2378

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: 8199

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: 6931

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: 3325

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: 2269

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: 3300

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: 1349

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: 8685

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: 1366

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: 2241

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: 2241

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: 2241

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...