Search found 271 matches

by MindTheGAAP
Mon Nov 12, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 39
Views: 1966

Re: Home addition vs. Buying New

I'm normally a fan of doing an addition, for the reasons above plus you get 100% what you want. Are you able to add back, not up? If you can, I'd go that route to save money. $350-$450k seems insane, even for a 2nd store. To put thing into perspective, my buddy is adding a 4 bedroom addition plus p...
by MindTheGAAP
Mon Nov 12, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Home addition vs. Buying New
Replies: 39
Views: 1966

Re: Home addition vs. Buying New

So we just went through a similar decision on the add vs. buy. I'll try to list out our thinking and final decision below: Our house is valued around $400k which is 25% higher than when we bought in August 2014. The issue we were having was less about adding a second floor and more to do with the co...
by MindTheGAAP
Mon Nov 12, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Sold house. need sanity check
Replies: 5
Views: 1522

Re: Sold house. need sanity check

Your plan would be my plan. Maybe use a No-Penalty Ally CD - they run for 11-mos but if they up the rate you can just cancel it and create a new one. Gets you a slightly higher rate than most savings accounts.
by MindTheGAAP
Mon Nov 12, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Rooftop solar panels cost per installed watt
Replies: 5
Views: 693

Re: Rooftop solar panels cost per installed watt

I paid $3.15 per installed watt recently (MA). I was able to easily get competing quotes through the website energysage.com which made the quote process very easy. The website also is a great resource for all things solar. While I haven't pulled the trigger on a system yet, I'll also give props to ...
by MindTheGAAP
Thu Nov 08, 2018 9:52 pm
Forum: Investing - Theory, News & General
Topic: November "Bogleheads On Investing" podcast with guest Jonathan Clements
Replies: 18
Views: 2310

Re: November "Bogleheads On Investing" podcast with guest Jonathan Clements

Rick Ferri wrote:
Thu Nov 08, 2018 5:33 pm
I've always used 30% international equity and 70% US equity as my middle-of-the-road allocation (for US investors). That split has historically worked well in the long-term.

Rick Ferri
Thanks Rick - like the signature comment. Couldn't be more true on the whole life cycle.
by MindTheGAAP
Thu Nov 08, 2018 5:24 pm
Forum: Investing - Theory, News & General
Topic: November "Bogleheads On Investing" podcast with guest Jonathan Clements
Replies: 18
Views: 2310

Re: November "Bogleheads On Investing" podcast with guest Jonathan Clements

Jonathan said he personally has 50% of his equity allocation in international and it has been this way for a long time. Rick Ferri Wow! Rick do you allocate 50% to international? No. But to each is own. No way to tell if this is safer or better than 30% international or 0% international. Where does...
by MindTheGAAP
Tue Oct 30, 2018 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12622

Re: Am I doing well financially?

Nor was I... or 95% of Americans. Thats the thing that gets lost in these threads. The standards and expectations on this board are stratospheric compared to average Americans. People are bashing this family, but if we look at statistics their "low savings" is already more than 80 or 90% of househo...
by MindTheGAAP
Tue Oct 30, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12622

Re: Am I doing well financially?

Nor was I... or 95% of Americans. Thats the thing that gets lost in these threads. The standards and expectations on this board are stratospheric compared to average Americans. People are bashing this family, but if we look at statistics their "low savings" is already more than 80 or 90% of househo...
by MindTheGAAP
Mon Oct 29, 2018 11:45 pm
Forum: Investing - Theory, News & General
Topic: 401k down 8% this month
Replies: 58
Views: 6816

Re: 401k down 8% this month

Down 9.4%. EM and rest of INT’L have taken a really good whacking in the last 3 months so not a surprise for me. I also overweight SC and MC and SC especially hasn’t had a good run since the summer.

C’est la vie.
by MindTheGAAP
Mon Oct 29, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 29
Views: 7601

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

If you google, this has been announced? "401k/403b/457 contribution limit will go up by $500 from $18,500 in 2018 to $19,000 in 2019. If you are age 50 or over, the catch-up contribution limit will stay the same at $6,000 in both 2018 and 2019" "Traditional and Roth IRA contribution limit will go u...
by MindTheGAAP
Mon Oct 29, 2018 4:29 pm
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 29
Views: 7601

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

If you google, this has been announced? "401k/403b/457 contribution limit will go up by $500 from $18,500 in 2018 to $19,000 in 2019. If you are age 50 or over, the catch-up contribution limit will stay the same at $6,000 in both 2018 and 2019" "Traditional and Roth IRA contribution limit will go up...
by MindTheGAAP
Sun Oct 28, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12622

Re: Am I doing well financially?

OP, You guys are doing brilliantly with the income side of the ledger. Seriously well done on that aspect of it, you’ve got some great money coming in, but I fear you know that and that’s the cause of some of your spending. “We make good money so we should be able to XYZ...” I’m 30 (wife is 31) and ...
by MindTheGAAP
Sat Oct 27, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA in addition to 401K?
Replies: 11
Views: 545

Re: Traditional IRA in addition to 401K?

Should I post my second question separately since it involves a different child? College summer intern, no company 401K. I assume this student can claim the $12K standard deduction and just pay taxes on earnings over $12K? If that is true, is the choice again traditional IRA or Roth IRA, or can the...
by MindTheGAAP
Thu Oct 25, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 422

Re: Portfolio Complexity

Approx 25% is Roth. Approx 10% is Taxable. Remainder (approx 65%) is Traditional 401k/ IRA but I’ll be moving another 5% from Traditional to Roth soon since I have non deductible contributions sitting in it at the moment.
by MindTheGAAP
Thu Oct 25, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 422

Re: Portfolio Complexity

Are these all in taxable accounts, tax-deferred, or Roth? This makes a difference, especially when you are trying to make things Tax-Efficient: Tax-efficient Fund Placement This. I’m happy with total market and my small value via VIOV. I scratch my complexity itch with TLH partners. Primarily in ta...
by MindTheGAAP
Thu Oct 25, 2018 8:49 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 422

Re: Portfolio Complexity

By yes I assume you mean to trim it on back?
by MindTheGAAP
Thu Oct 25, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Portfolio Complexity
Replies: 7
Views: 422

Portfolio Complexity

So I am beginning to look at what I have, and wonder if it is time to simplify some of the portfolio. Is it a big deal? No. Does it feel like there's room for cutting back on some of the funds? Sure. Advice from wiser, more sage BH members welcomed. Total Portfolio Amount - $250k as of 10/24. Total ...
by MindTheGAAP
Sun Oct 21, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

Bump just to get any further input where possible.
by MindTheGAAP
Fri Oct 19, 2018 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

Flyer24 wrote:
Thu Oct 18, 2018 11:56 pm
If you are at a higher risk start up company, then I would not make this big jump in mortgage. Wait a little bit. It is too much of a gamble.
Consulting firm running at about $4M this year with high growth rate. Exit to sell down the road and I, as it stands, get 5% of any sale.
by MindTheGAAP
Thu Oct 18, 2018 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

It would actually be closer to $5k/mo but your point is still effectively the same in that we have sufficient coming in as long as we’re comfortable with the inherent risk of a higher hurdle? Pretty much. That would be $60K a year so it is only 20% of your gross income which should be doable but it...
by MindTheGAAP
Thu Oct 18, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

Colleyville, Trophy Club, Keller, SouthLake, historical areas of Fort Worth and Monticello. We would need access to Fort Worth and DFW airport. There are a lot of houses ($700k - 900k) that have been on the market for months and prices have been dropped. This would fit that bill. Originally $875k a...
by MindTheGAAP
Thu Oct 18, 2018 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

Where in DFW have you been looking? That’s not a snarky question but just out of curiosity. It’s been rocket ship here in Allen/ Lucas/ McKinney/ Frisco etc with all of the corps moving in. Though a home builder friend has said that there is more and more inventory in Frisco for new builds now.
by MindTheGAAP
Thu Oct 18, 2018 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

Purchase house - final offer from builder of home: $784k. .... Current income: $300k/annually It sounds like the house would have maybe a $4,000 a month mortage payment with taxes and insurance and a $600K mortage. That is $48K out of your income. As long as your job is secure and you can get a new...
by MindTheGAAP
Thu Oct 18, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

So, I don't think you're stupid to consider it, but it's a bit of a stretch. My main concern would be the single income. Are you oil and gas, being in Texas? If so, that's an extremely cyclical industry and you could find yourself looking for work suddenly in a few years, which could coincide with ...
by MindTheGAAP
Thu Oct 18, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

For reference here's one of OP's previous threads: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=260846&p=4156406#top OP, I'm in DFW and have noticed a "calming to the market. My answer is a conditional yes - here are the conditions: 1. You have tons of life and disability insurance in plac...
by MindTheGAAP
Thu Oct 18, 2018 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

For reference here's one of OP's previous threads: https://www.bogleheads.org/forum/viewtopic.php?f=11&t=260846&p=4156406#top OP, I'm in DFW and have noticed a "calming to the market. My answer is a conditional yes - here are the conditions: 1. You have tons of life and disability insurance in plac...
by MindTheGAAP
Thu Oct 18, 2018 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Re: Final Decision - Housing

onourway wrote:
Thu Oct 18, 2018 10:07 pm
What do you owe on the current house (in other words, how much will you be increasing your debt to go to the new house)?
Would effectively double our loan amount so we're not close to paying the current one off, either.
by MindTheGAAP
Thu Oct 18, 2018 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Final Decision - Housing
Replies: 22
Views: 1642

Final Decision - Housing

All, Have posted before and we have two options - we have actually found a house that we think would be fantastic for our family of 5 but I wanted to get a pulse check from folks before we finalize a decision over the next few business days. Renovate the current house - estimated cost of $150k but w...
by MindTheGAAP
Tue Oct 09, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Renovation vs. Move
Replies: 11
Views: 856

Re: Renovation vs. Move

Thanks all. Guessing no changes if the house we were looking at would be higher than the $650k quoted? The house prices here are BONKERS lately but it seems there are still companies moving into the area left-and-right. DFW is going through a big office boom at the moment.
by MindTheGAAP
Mon Oct 08, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Renovation vs. Move
Replies: 11
Views: 856

Re: Renovation vs. Move

I don’t think most major remodels (meaning adding space) will result in an increase in home value equal to the cost. It is more important that you don’t end up with a house that is much larger and more expensive than other houses in the neighborhood. We went through a similar renovation 10 years ag...
by MindTheGAAP
Mon Oct 08, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Renovation vs. Move
Replies: 11
Views: 856

Re: Renovation vs. Move

We would be able to utilise their extra space in their house to move in there for the renovation period should we go down that path. To me, that is (or can be) a very important factor in the decision. Agree - they've offered for us to move in. It would be nigh on impossible with three (3) kids at t...
by MindTheGAAP
Mon Oct 08, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Renovation vs. Move
Replies: 11
Views: 856

Renovation vs. Move

So I've posted here before about our housing situation and now we're at a pivot point. Curious as to what some of the folks would do in our shoes, all and any advice welcome. Current House: bought in August 2014 for 295k. We knew the kitchen would need doing at a certain point, but it was fine for a...
by MindTheGAAP
Mon Sep 24, 2018 9:56 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Factors Persist In Emerging Markets
Replies: 31
Views: 2377

Re: Larry Swedroe: Factors Persist In Emerging Markets

JimmyJammy wrote:
Mon Sep 24, 2018 9:47 am
I’ve also started using EM Value instead of EM Core/Index.
So, you're investing in something like DFEVX? (DFA Emerging Value)

I'm tempted to do this as well.
I'd also be interested, but not on the inner circle to get DFA funds so would need to find an alternative option.
by MindTheGAAP
Tue Sep 18, 2018 4:35 am
Forum: Personal Finance (Not Investing)
Topic: I see now why Rollovers can take FOREVER ....
Replies: 74
Views: 7940

Re: I see now why Rollovers can take FOREVER ....

Even doubly stupid: My previous employer set up our 401k at Vanguard (yay!). My rollover IRA is at Vanguard. You would think this could mean it could all be done electronically, but, no, I have to have the Vanguard 401k cut a check, which is mailed to me, which I then mail back to Vanguard for depo...
by MindTheGAAP
Tue Sep 04, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 7156

Re: Daily Driver (Car) Over 100K Miles?

07 Lexus GS350 w/ 126k miles. It's of the generation that burns oil a little quickly (they rebuilt the IS engines for same problem but aren't doing the same for GS). Will drive it until it becomes cost prohibitive but hoping it'll last another 50k with me just adding a quart of oil every couple of t...
by MindTheGAAP
Thu Aug 23, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: VB vs IJR [Vanguard Small-Cap vs. iShares S&P SmallCap 600]
Replies: 23
Views: 2813

Re: VB vs IJR [Vanguard Small-Cap vs. iShares S&P SmallCap 600]

Curious to know what caused the difference in portfolio growth starting in Dec 2016 between IJR (portfolio 2 ) and VB (portfolio 1) https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2004&firstMonth=1&endYear=2018&lastMonth=12&endDate=08%2F22%2F2018&initialAmount=1000...
by MindTheGAAP
Wed Aug 22, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: What non-Vanguard ETFs will you be looking to buy?
Replies: 62
Views: 6777

Re: What non-Vanguard ETFs will you be looking to buy?

If I were still at Vanguard I would be looking to buy iShares, Schwab, Wisdom tree index funds that were not offered by Vanguard or are suboptimal at Vanguard for whatever reason. Some tickers: IJS, DGS, FALN, FNDE, FNDF, IVLU. The list is very short. If you don't tilt away from the market portfoli...
by MindTheGAAP
Mon Aug 20, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Drift (Style Perspective)
Replies: 4
Views: 305

Re: Mutual Fund Drift (Style Perspective)

None of the funds you list are going to suffer from style drift, but there were several threads back in the spring about M*'s "Style Box Drift". NAESX - is not really Small Cap?! Dramatic decline in VTSMX small cap holdings? Change in Morningstar size buckets? Vanguard's main CRSP-index funds uses ...
by MindTheGAAP
Mon Aug 20, 2018 11:46 am
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund Drift (Style Perspective)
Replies: 4
Views: 305

Mutual Fund Drift (Style Perspective)

All, Wanted to get feedback from those with more years under the belt playing this investment game than I. I just did a quick check of the style boxes per Morningstar for the funds I'm in and noticed some reasonable style drift since I last updated them. For example, Vanguard Total Stock Market (VTS...
by MindTheGAAP
Mon Aug 06, 2018 11:49 am
Forum: Personal Consumer Issues
Topic: 48" Range - Recommendations
Replies: 7
Views: 462

Re: 48" Range - Recommendations

8foot7 wrote:
Mon Aug 06, 2018 10:50 am
had a 48" Bluestar with 6 burners and the grill. loved it. We moved, so it stayed with house, but want to put in new home
Thank you - it's on the list to take a look at. Appreciate your feedback.
by MindTheGAAP
Mon Aug 06, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: 48" Range - Recommendations
Replies: 7
Views: 462

Re: 48" Range - Recommendations

I would personally avoid Viking like the plague! I have a 36" one now. The open gas burners are awesome, the oven has had nothing but problems since day one and I had difficulty getting them to honor the warranty on something that was clearly covered. The stovetop grill is a nightmare to clean. The...
by MindTheGAAP
Mon Aug 06, 2018 10:23 am
Forum: Personal Consumer Issues
Topic: 48" Range - Recommendations
Replies: 7
Views: 462

48" Range - Recommendations

Chefs/ Home Cooks of BH, We are going to be embarking on a kitchen remodel (and addition) in the very near future (expect it to start within the next couple of months) and we are trying to evaluate our options when it comes to the range we'll install. We have settled on a 48" range with double oven ...
by MindTheGAAP
Fri Jul 06, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Boglehead CPA's: How Do You Complete Your CPE Requirements?
Replies: 7
Views: 571

Re: Boglehead CPA's: How Do You Complete Your CPE Requirements?

I get free CPE through Deloitte's webcasts. If you just need to get some hours, and you don't necessarily care about the topic, this is a good option. They are generally an hour long, take place during the work day, and you have to answer 3 questions to prove you are participating. I use this and t...
by MindTheGAAP
Fri Jun 15, 2018 11:53 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 76
Views: 12727

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

Thanks for the heads up. Closed an older 1.5% No Penalty and swapped into the new rate. And for fun, I liquidated my 1.75% one for the 1.8% today. Tiny interest bump for <5 min typing. I won't chase higher rates as I like the liquidity and I treat it like cash. Just did the same. It's so easy there...
by MindTheGAAP
Fri Jun 15, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 76
Views: 12727

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

geospatial wrote:
Fri Jun 15, 2018 9:56 am
The no penalty 11-month CD appears to have been bumped 30 basis points from 1.50% to 1.80% (for $25K+). This is slightly better than the 1.75% locked in at the start of the calendar year by some people too.
It’s about time it moved upwards again!
by MindTheGAAP
Thu Jun 14, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Bidding for airline flight class upgrade
Replies: 9
Views: 1514

Re: Bidding for airline flight class upgrade

We just flew with Singapore Airlines (May 2018) and they gave us the option to do the same. We got a killer deal on the original tickets ($600 rt/pp from Houston to Bali, so about 50% off) and so the minimum cost/bid to upgrade to PE was high ($1,200 rt/pp). We passed on it and we're glad we did. P...
by MindTheGAAP
Thu Jun 14, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Bidding for airline flight class upgrade
Replies: 9
Views: 1514

Re: Bidding for airline flight class upgrade

We just flew with Singapore Airlines (May 2018) and they gave us the option to do the same. We got a killer deal on the original tickets ($600 rt/pp from Houston to Bali, so about 50% off) and so the minimum cost/bid to upgrade to PE was high ($1,200 rt/pp). We passed on it and we're glad we did. Pr...
by MindTheGAAP
Wed Jun 06, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Remaining 401k Money - Lump Sum or DCA?
Replies: 7
Views: 430

Re: Remaining 401k Money - Lump Sum or DCA?

I would answer your question with a question, why not put it all in today? I suppose by putting it in on an ongoing basis hedges a little for a drop in valuations. I could do it now (cash is in the account), I guess I just didn't know if that made the most sense to do. My favorite analogy for this ...
by MindTheGAAP
Wed Jun 06, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Remaining 401k Money - Lump Sum or DCA?
Replies: 7
Views: 430

Re: Remaining 401k Money - Lump Sum or DCA?

megabad wrote:
Wed Jun 06, 2018 12:34 pm
I would answer your question with a question, why not put it all in today?
I suppose by putting it in on an ongoing basis hedges a little for a drop in valuations. I could do it now (cash is in the account), I guess I just didn't know if that made the most sense to do.
by MindTheGAAP
Wed Jun 06, 2018 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Remaining 401k Money - Lump Sum or DCA?
Replies: 7
Views: 430

Re: Remaining 401k Money - Lump Sum or DCA?

Is this 22k out of the 18.5*2 limit or the 53*2 limit? How was the remaining amounts invested this year in the first 5 months? It's the remainder for both ($10,800 each) and the already-invested was done on a semi-monthly basis to almost simulate the typical cadence of a normal 401k/ payroll system.