Search found 112 matches

by katzmandu
Fri Oct 20, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: 401k options for small company
Replies: 8
Views: 522

Re: 401k options for small company

You say he's an "employee" of a 2-man law firm. Is he one of the 2 lawyers? Also, is the 2-man law firm really a "firm," or is it two solo practitioners sharing space? Space (and sometimes staff) sharing happens a lot with lawyers. The answers to these questions might make a difference as to what h...
by katzmandu
Thu Oct 19, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: 401k options for small company
Replies: 8
Views: 522

401k options for small company

While having a conversation with a friend last night who is an employee of a 2 man law firm, I was struck by the fact that he mentioned he's only saving in an IRA as opposed to any sort of 401k (company, self directed, etc). Due to the contributory limits of an IRA, he's likely going to find himself...
by katzmandu
Wed Sep 13, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18325

Re: Is it really Worth it to brown bag your lunch at work?

Reading through all these comments it seems everyone simply needs to decide for themselves how long they prefer to sit behind or a desk or have to work before reaching FI/RE. If you brown bag all the time, no issues cooking, etc, and saving to the max you can, you'll finish sooner than someone how d...
by katzmandu
Mon Aug 21, 2017 7:19 am
Forum: Personal Consumer Issues
Topic: Your opinion on [a tower fan]
Replies: 4
Views: 484

Re: Your opinion on [a tower fan]

Depending on your budget, anything by Ozeri is going to be amazing. I have one of their tower fans and its quiet even at full blast. Temp gauge on it, etc. Probably north of $80 but last one you'll need. My 2 cents
by katzmandu
Fri Jul 14, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Have you switched from Total International to Slice & Dice or vice versa?
Replies: 28
Views: 2222

Re: Have you switched from Total International to Slice & Dice or vice versa?

FTIPX and done. Up 14.6% for the year. Doesn't make me a genius as a rising tide lifts all boats, but simple and easy.
by katzmandu
Sun Jul 09, 2017 10:33 am
Forum: Investing - Help with Personal Investments
Topic: How much lag behind the DOW/SP500 is acceptable in a well constructed portfolio?
Replies: 23
Views: 1249

How much lag behind the DOW/SP500 is acceptable in a well constructed portfolio?

As an example, if the SP500 was up 8% one year and you were up only 6.8% on a balanced portfolio, would that be considered leaving money on the table or an acceptable rate behind since most are not all in? You'd have to be 100% SP500 equities to capture that 8% gain, but I would venture a guess most...
by katzmandu
Thu Jul 06, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Anyone bought a Pixel?
Replies: 46
Views: 4675

Re: Anyone bought a Pixel?

I'm torn.... I LOVE the Fi service and traveling options outside the US. I have a Nexus 5x phone and it's meh... Lots of bugs with either the phone or android (non responsive buttons so cannot answer phone sometimes, poor apps like default dialer, slow camera, music app that insists on playing when...
by katzmandu
Thu Jul 06, 2017 6:57 am
Forum: Personal Consumer Issues
Topic: Anyone bought a Pixel?
Replies: 46
Views: 4675

Re: Anyone bought a Pixel?

Sounds like the thing to do is wait until Pixel 2 comes out and try to pick up a discounted Pixel. Agreed. I updated to a Nexus 6 2+ years ago (admittedly when Sprint was still offering 2 year contracts) for sub $300. They stopped upgrading the OS at 7.1.1 though they are continuing to provide mont...
by katzmandu
Fri Mar 24, 2017 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fund changes - A little help?
Replies: 5
Views: 442

Re: Vanguard Fund changes - A little help?

Once you are down to issues of 0.05% it isn't worth a lot of worrying over cost. The issue with costs is getting people out of 2%-3% total investing costs down to the range of 0.1%. Fair enough, but even so, no one like to overpay Any thoughts on which of those 3 funds or what proportions might be ...
by katzmandu
Fri Mar 24, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fund changes - A little help?
Replies: 5
Views: 442

Re: Vanguard Fund changes - A little help?

Evidently they are doing some moves by me and making changes so wanted to pick the forums' brain to see if any concern or perhaps a To -> from 1) They are changing from Vanguard TSM Institutional Plus to Vanguard Institutional Total Stock Market Index Trust..same ER (.02). Anyone know about this Tr...
by katzmandu
Fri Mar 24, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Fund changes - A little help?
Replies: 5
Views: 442

Vanguard Fund changes - A little help?

Evidently they are doing some moves by me and making changes so wanted to pick the forums' brain to see if any concern or perhaps a To -> from 1) They are changing from Vanguard TSM Institutional Plus to Vanguard Institutional Total Stock Market Index Trust..same ER (.02). Anyone know about this Tru...
by katzmandu
Thu Jan 26, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)
Replies: 12
Views: 1656

Re: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)

With an expense ratio of .33, is VDIGX outperforming other funds of a similar type (or general market index funds for that matter) enough to make it worth holding onto? 17.3% from last year so suppose if you have it (I do), you can't complain too much PS, I believe they closed this fund to new inve...
by katzmandu
Thu Jan 26, 2017 11:31 am
Forum: Investing - Theory, News & General
Topic: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)
Replies: 12
Views: 1656

Re: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)

With an expense ratio of .33, is VDIGX outperforming other funds of a similar type (or general market index funds for that matter) enough to make it worth holding onto? 17.3% from last year so suppose if you have it (I do), you can't complain too much PS, I believe they closed this fund to new inves...
by katzmandu
Wed Jan 25, 2017 12:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 10756

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday, Taylor!

Always enjoy reading your interesting posts full of sage advice.

Onwards to 193!! :)
by katzmandu
Mon Jan 09, 2017 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 18813

Re: Best Financial Moves You've Made

Using Bogleheads, Financial Samurai and (back in the day) MMM to get the ship righted, get serious about saving and develop effective strategies for investing and obviously staying the course through different markets. If the last 10 years are any indication, I've definitely made the right choices a...
by katzmandu
Thu Dec 01, 2016 8:35 am
Forum: Personal Consumer Issues
Topic: another New York rental question
Replies: 40
Views: 3340

Re: another New York rental question

I lived the life in Manhattan for years before finally wising up and moving out to Queens. 2k will get her a hole in that area. If she wants to live with another person, sure, she will probably find something. If she wants to live in Manhattan for a year or 2, do it, get it out of your system and mo...
by katzmandu
Mon Nov 28, 2016 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Investing vs Buying A Home?
Replies: 35
Views: 3560

Re: Investing vs Buying A Home?

OP, Come on. Are you kidding me? You know the answer. Unless you save a lot more, you cannot afford to buy a house. You could only retire if you are fully employed from now until 65 years old. That is a very optimistic projection to begin. But, you want to increase your risk of not making it by &qu...
by katzmandu
Fri Oct 07, 2016 1:55 pm
Forum: Personal Consumer Issues
Topic: Johnnie Walker Blue worth the cost?
Replies: 70
Views: 6987

Re: Johnnie Walker Blue worth the cost?

Nadurra (first tasted at a wedding) is what started my love of Scotch, and my love of Bourbon began with Blanton's (which was a Groomsman's gift), so I can definitely repeat those recommendations. Be aware though that Nadurra is Cask-Strength. Others I'd recommend: Highland Park 18, finished in She...
by katzmandu
Fri Oct 07, 2016 1:53 pm
Forum: Personal Consumer Issues
Topic: Johnnie Walker Blue worth the cost?
Replies: 70
Views: 6987

Re: Johnnie Walker Blue worth the cost?

I'm surprised no-one's mentioned Laphroaig, one of my favorites. It's usually $50 for 750 mL but my Costco sells it for $39. However it's very peaty so probably only an acquired taste for most, though I warmed up to it immediately. Plus along with every bottle comes a code you can use to claim deed...
by katzmandu
Thu Oct 06, 2016 1:30 pm
Forum: Personal Consumer Issues
Topic: Johnnie Walker Blue worth the cost?
Replies: 70
Views: 6987

Re: Johnnie Walker Blue worth the cost?

As most have posted, good bottles of scotch can be had for between $50-$80/bottle. For variety and drinking pleasure I like to buy the three different Glenmorangie scotches (regular, Lasanta & Ruban). These are I beleive 12 year old and run about 48-55$/bottle. Very good in that the regular is ...
by katzmandu
Thu Oct 06, 2016 7:26 am
Forum: Personal Consumer Issues
Topic: Johnnie Walker Blue worth the cost?
Replies: 70
Views: 6987

Re: Johnnie Walker Blue worth the cost?

Thanks for all the advice so far. I'm not dead set on scotch for this gift; a nice bottle of bourbon would also be a consideration, so any recommendations there would be appreciated as well. EH Taylor Four Roses Small Batch Most anything from Buffalo Trace Distillery Pappy Van Winkle 20 year (if yo...
by katzmandu
Thu Oct 06, 2016 6:33 am
Forum: Personal Consumer Issues
Topic: Johnnie Walker Blue worth the cost?
Replies: 70
Views: 6987

Re: Johnnie Walker Blue worth the cost?

Its only worth it for the price if you and your friends will enjoy it that much. Objectively, its 150-200 for a blend that I find to be at best, 'pretty good' but Ive tasted better and more complex single malt scotches for 1/2 the price or less. I always enjoy if someone is pouring, but I find the c...
by katzmandu
Thu Sep 29, 2016 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Retirement based on not on #, but healthcare?
Replies: 62
Views: 5274

Re: Retirement based on not on #, but healthcare?

I have to answer out of curiosity.... What employee provides healthcare during retirement? I would assume some kind of government agency. Even during employment, my employers have left a pretty big health care cost resting on my shoulders (deductibles, copays, network definitions). Max out of pocke...
by katzmandu
Mon Sep 26, 2016 7:41 am
Forum: Investing - Theory, News & General
Topic: House as Investment vs Stock Market.
Replies: 21
Views: 3097

Re: House as Investment vs Stock Market.

A couple of thoughts. When doing things like this one should try to do like to like. I think your choice of house v. stock market is wrong. A house tends to be a safer investment than stocks. As they say, risk and returns are linked. I would use AA or BBB bonds instead. I think over the long term a...
by katzmandu
Sun Aug 21, 2016 7:22 am
Forum: Personal Consumer Issues
Topic: How much do you spend on coffee/tea?
Replies: 58
Views: 4365

Re: How much do you spend on coffee/tea?

1) Please do not associate "Coffee Fanatic" with Starbuck. A coffee fanatic would not believe that Starbuck is good enough. FINALLY. I knew if I waited long enough, I would agree with KlangFool on something A couple of years ago, a local coffee roaster opened shop 2 doors away from a Star...
by katzmandu
Sun Aug 21, 2016 7:15 am
Forum: Personal Consumer Issues
Topic: How much do you spend on coffee/tea?
Replies: 58
Views: 4365

Re: How much do you spend on coffee/tea?

Id say probably $30-35 a month Years ago I treated myself to a top shelf grinder (Breville) and a top rated pour-over coffee maker....probably a $350 initial investment Now, as I drink a lot of coffee daily, I buy beans for about $9/lb @ a grocery and grind my coffee fresh each morning, put it in my...
by katzmandu
Thu Aug 11, 2016 2:00 pm
Forum: Personal Consumer Issues
Topic: How much vacation time do you get at work?
Replies: 155
Views: 13460

Re: How much vacation time do you get at work?

20 days + in Lieu for any holidays I work (deferred vacation day) and the occasional free day or 2 from weekend work

In all, probably 25-28 days or so.
by katzmandu
Sun Aug 07, 2016 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Either is reasonable. I do not own any TIPS nor high-yield bonds, but what has that got to do with what is reasonable? total bond vs trying to extract some extra yield on the bond side. Some would give it a go because its more diverse. Others might be more cautious and only take risk on the equity ...
by katzmandu
Sun Aug 07, 2016 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Almost all 401(k) plans would require selling assets, even mutual funds, before a check is sent to the IRA custodian, so that statement in the article is a red herring. Agreed. Would a reasonable bond allocation for me then be 60% this CIT (you can see what it tracks in the comments above) 20% TIPS...
by katzmandu
Sun Aug 07, 2016 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Unfounded concerns. When one leaves a 401(k), there are no tax consequences to sell the assets and buy new assets in the account that one rolls over the money to. m I had found that. I guess what I misunderstood was that you need to sell to cash before assest could be rolled over if you were indeed...
by katzmandu
Sun Aug 07, 2016 1:23 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Is the US debt index T a total US bond index fund? What index does it track? Benchmark: Barclays U.S. Agg Bond Looks to be BlackRock Found this as well: https://www.bogleheads.org/forum/viewtopic.php?t=69836 More Direct link is here: m BlackRock US Debt Index Fund T (.06) is a total bond market ind...
by katzmandu
Fri Aug 05, 2016 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Is the US debt index T a total US bond index fund? What index does it track? Benchmark: Barclays U.S. Agg Bond Looks to be BlackRock Found this as well: https://www.bogleheads.org/forum/viewtopic.php?t=69836 More Direct link is here: m BlackRock US Debt Index Fund T (.06) is a total bond market ind...
by katzmandu
Fri Aug 05, 2016 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Its fine to have some in tips. I used to have more several years ago but have been simplifying my portfolio and have not been reinvesting my individual tips bonds back into tips. The 3 fund portfolio eschews tips and intl bonds and corporate bonds and hi yield bonds in favor of the total bond fund....
by katzmandu
Fri Aug 05, 2016 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

How old are you? My view on TIPS is that they don't make sense if you are still working and plan to be in the workforce for the next 20+ years (since any inflation is likely to be counterbalanced by an increase in your salary). TIPS have more value when you are very close to retirement since once y...
by katzmandu
Fri Aug 05, 2016 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Are any Bogleheads financial advisors on the side?
Replies: 21
Views: 3236

Re: Are any Bogleheads financial advisors on the side?

No, but if I did I'd grab a Series 65 Manual. Most states are happy with just that for a RIA office. Never looked at a CFP Manual. It might be better or worse. A few states ask for double credentials, like giving credit for a CFP, needing a Series 7 also, but Federal registration also allows busine...
by katzmandu
Fri Aug 05, 2016 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Oops, I am going to correct my post. I misread it as being in Int term bond fund, not int term investment grade. I would switch it to the bond index, inv grade has more risk. I prefer risk on the equity side, not the bond side. I don't think it is a disservice, just a little more risk. You could ad...
by katzmandu
Fri Aug 05, 2016 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

Is the US debt index T a total US bond index fund? What index does it track? Benchmark: Barclays U.S. Agg Bond Looks to be BlackRock Found this as well: https://www.bogleheads.org/forum/viewtopic.php?t=69836 In my 401k (at Fidelity) I'm in their U.S. Bond Index fund, which also tracks Barclay's Agg...
by katzmandu
Fri Aug 05, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Re: Bond Allocation Assistance

livesoft wrote:Is the US debt index T a total US bond index fund? What index does it track?


Benchmark: Barclays U.S. Agg Bond
Looks to be BlackRock

Found this as well: viewtopic.php?t=69836

More Direct link is here: http://profile.morningstar.com/profile/ ... SPUSA05638
by katzmandu
Fri Aug 05, 2016 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Bond Allocation Assistance
Replies: 22
Views: 1047

Bond Allocation Assistance

So, recently I decided to not be so heavily invested in Equities and pulled back to a (somewhat more) reasonable position of 77% Equities / 23 % bonds overall (I had been 92/8....yeah yeah, I know..). From what I can see in my 401k plan, I have what may be limited good options in the sense that ther...
by katzmandu
Wed Aug 03, 2016 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Any renters just focused on maxing out retirement accounts?
Replies: 13
Views: 2273

Re: Any renters just focused on maxing out retirement accounts?

Almost in the same exact boat as you. Smallish emergency fund, renting a cheap place (by NYC standards), likely not purchasing anytime soon and using what I can to max out ROTH + 401K. Like you, I could hold back to save more for the emergency/home portion, but choose not too because I figure I'll c...
by katzmandu
Wed Jul 20, 2016 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Difference between post/after tax 401(k) contributions and contributions to a roth 401(k
Replies: 16
Views: 1176

Re: PRE TAX 401-K CONTR VS POST TAX 401-K

Check if your 401k offers all 3 categories: Pretax ((All offer this )) Roth ((This is the one some don't offer)) Post Tax ((This is the one many do not offer)) The difference between Roth and post tax is that Roth and all gains are never taxed again. With post tax, the gains are considered pretax a...
by katzmandu
Wed Jul 20, 2016 7:54 am
Forum: Investing - Help with Personal Investments
Topic: FTIPX - New Fidelity offering [Total International Index Fund]
Replies: 24
Views: 5352

Re: FTIPX - New Fidelity offering

There's some discussion of this fund here. https://www.bogleheads.org/forum/viewtopic.php?t=194213 Thanks. That helped though I dont know if it answered my risk question though that may be answered in other topics if having only US stock is international enough vs a fund like this being 'worth the ...
by katzmandu
Wed Jul 20, 2016 6:52 am
Forum: Investing - Help with Personal Investments
Topic: FTIPX - New Fidelity offering [Total International Index Fund]
Replies: 24
Views: 5352

FTIPX - New Fidelity offering [Total International Index Fund]

Fidelity Total International Index Fund Premium Class Do we like this new offering from Fidelity as a fund to contribute towards ones international allocation, say, vs. Vanguard's international offerings? The ER is .11 which seems to be in the ballpark in terms of expenses for international funds. A...
by katzmandu
Fri Jul 01, 2016 12:13 pm
Forum: Investing - Theory, News & General
Topic: A look at REITs, and a new study
Replies: 52
Views: 5585

Re: A look at REITs, and a new study

Never understood the attraction of REITs. Just another stock category, so how is it any different from overweighing health or tech stocks? And if you own a home, you are probably already overweighted in real estate. The attractiveness has been a relatively historical low correlation to stocks and h...
by katzmandu
Mon May 23, 2016 8:30 am
Forum: Investing - Help with Personal Investments
Topic: 401k Advice
Replies: 6
Views: 639

Re: 401k Advice

bmoore1611 wrote:Thank you. I edited the original list to reflect the expense ratios.


Looks like the only 2 worth putting money into are your Fidelity Spartan options. The rest of the ratios range from bad to "Are you kidding me?"
by katzmandu
Mon May 16, 2016 2:28 pm
Forum: Personal Consumer Issues
Topic: Is it OK to leave home wifi on?
Replies: 55
Views: 5141

Re: Is it OK to leave home wifi on?

As long as you dont mind the increased electric bill :)

I unplug mine from late night until I get home in the afternoon the next day. No sense in handing ConEd money for nothing.
by katzmandu
Sun May 01, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Sound advice from Warren Buffett
Replies: 16
Views: 3536

Re: Sound advice from Warren Buffett

While I agree that actively traded funds haven't done very well vs passive low cost funds (there are plenty of studies on the subject) I do worry about the negative impacts low costs have on salaries of the average lay employee of fund companies. I am also Leary of a lucky super rich guy (though I ...
by katzmandu
Fri Apr 29, 2016 5:59 pm
Forum: Investing - Theory, News & General
Topic: Retirement 'Crisis'. How much is self-inflicted?
Replies: 1
Views: 738

Retirement 'Crisis'. How much is self-inflicted?

m Reading stories like this (while probably the cold hard numbers are accurate) always annoy me because they ignore other factors in the equation. Is the real reason people aren't saving enough because they literally don't have enough, or is it because they are making questionable financial decision...
by katzmandu
Thu Apr 14, 2016 11:34 am
Forum: Investing - Theory, News & General
Topic: Fidelity Spartan 500 Index Fund Dividend
Replies: 73
Views: 6814

Re: Fidelity Spartan 500 Index Fund Dividend

Not a Fidelity customer, but I figured they must publish a list (as Vanguard does) of funds that are scheduled for upcoming distributions.m Spartan 500 isn't on this list. Exactly, which worries me:/ Why? Are you expecting to use this as income or rebalancing? Dividends just reduce the NAV. The val...
by katzmandu
Thu Apr 07, 2016 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy
Replies: 32
Views: 4045

Re: Foxbusiness: Why Taxes, Not Fees are Retirement Savers' Biggest Enemy

Slott's last tip is to go Roth, because of the tax benefits for retirement savers. "In retirement you want to keep every cent you have. Years ago when I started there weren't Roths -- you had tax deffered like people have now, 401(K)s, IRAs and the taxing comes later. You'd be better positione...