Search found 4268 matches

by bloom2708
Tue Jul 17, 2018 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Heresy: Is It Worth Converting tIRAs to Roth?
Replies: 28
Views: 2339

Re: Heresy: Is It Worth Converting tIRAs to Roth?

Pay the tax 15, 20 years down the road if it comes to that. Many paths ahead.
by bloom2708
Fri Jul 13, 2018 11:14 am
Forum: Investing - Help with Personal Investments
Topic: What to do with extra $2500 a month?????
Replies: 36
Views: 3099

Re: What to do with extra $2500 a month?????

50% to boat. 50% to help max pre-tax 403b and HSA. I'm fine with a boat, just not owing $37,000 on that boat. If you had to trade or try to sell outright, it is highly unlikely you get anywhere close to $37k. Probably closer to $25k. I know you enjoy and have no plans to sell. It is just heading tow...
by bloom2708
Fri Jul 13, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Credit score after becoming debt free?
Replies: 44
Views: 2894

Re: Credit score after becoming debt free?

~12 years after paying off mortgage (last debt).

We use 3 credit cards for basic monthly purchases. (Costco, Amazon Prime, Upromise 529).

No other loans of any kind taken out during that time period.

Credit score has stayed in the 825 to 835 range. I don't know how or why.
by bloom2708
Thu Jul 12, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Self Employed 48years old and nothing saved for retirement
Replies: 40
Views: 4718

Re: Self Employed 48years old and nothing saved for retirement

I'd give up on the house, rent and use the savings for your house purchase to jump start your retirement. Spend less, save more. Roth IRA and solo 401k with self-matching. +1 Buying a house (and all the related expenses) is not the answer to shore up your retirement. Home ownership is no nirvana. R...
by bloom2708
Thu Jul 12, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Withdraw Roth contributions to max TSP/get more G Fund?
Replies: 24
Views: 1201

Re: Withdraw Roth contributions to max TSP/get more G Fund?

My vote would be to leave Roth alone.

Many variables ahead. Future pay raises may get you toward the pre-tax max.

If you said you have $50k or $100k in a taxable account, then I would certainly sell some to live on to boost your pre-tax TSP contributions.
by bloom2708
Thu Jul 12, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Classical Guitar Experts, What's the Name of this Song?
Replies: 4
Views: 698

Re: Classical Guitar Experts, What's the Name of this Song?

I could watch these classical guitar players all day. Some amazingly talented individuals.

I have been following Gabriella Quevedo on YouTube.

https://www.youtube.com/watch?v=nHje3Fh4GJo
by bloom2708
Thu Jul 12, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Trade War: time for Mac Upgrade?
Replies: 34
Views: 2899

Re: Trade War: time for Mac Upgrade?

The trade war price is already built in. The commander in chief was at our little city and had this quote "Trade war? Trade war? We lost that 30 years ago. $500 billion in trade deficits for 20+ years....". I did not see the speech or am trying to be political. Nor did I fact check any of the inform...
by bloom2708
Wed Jul 11, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Living above means until March 1st
Replies: 16
Views: 2074

Re: Living above means until March 1st

What can you sell? What can you cut?

If you have Cash/Emergency savings to cover your shortfall over the months, then you can make it.

If not, anything not bolted down can be sold. Even the dog is quivering (Dave Ramsey quote). :wink:
by bloom2708
Wed Jul 11, 2018 3:33 pm
Forum: Investing - Theory, News & General
Topic: Total returns
Replies: 20
Views: 1682

Re: Total returns

Investor shares have a lower entry point but a higher expense ratio.

The difference is the higher cost of the Investor shares compared to Admiral shares.

Income is the dividends received. The other part of Total Return is the increase (or decrease = net change) in stock price.
by bloom2708
Wed Jul 11, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: College savings plans - Roth vs. 529
Replies: 32
Views: 2409

Re: College savings plans - Roth vs. 529

The general guide is to prioritize your retirement. Maxing pre-tax 401ks, 2 Roth IRAs, HSA. You can borrow for college but not for retirement. If you have more funds to invest then taxable and 529 are good options. We designated 50% of college savings in a taxable (3 fund style) and 50% to a 529 (ag...
by bloom2708
Wed Jul 11, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: contributions not in line with target allocation intl vs domestic
Replies: 4
Views: 241

Re: contributions not in line with target allocation intl vs domestic

Your plan to split and adjust in your Rollover IRA is good. No tax consequences there. We continue to up our bond allocation (at re-balance time) in Rollover IRAs to keep Taxable and Roths 100% stocks (Total US + Total International). At some point, if you run out of space in the Rollover IRA, you ...
by bloom2708
Wed Jul 11, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: 33 year old, New to investing, advice for portfolio diversification!
Replies: 5
Views: 488

Re: 33 year old, New to investing, advice for portfolio diversification!

At 33, you should find space for ~20% bonds. FWIW, I don't share this opinion. Unless you have an unusually low tolerance for volatility, bonds are completely unnecessary in a retirement portfolio if you are under the age of 45. This is especially true you have have credit card, student loan, or au...
by bloom2708
Wed Jul 11, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: 33 year old, New to investing, advice for portfolio diversification!
Replies: 5
Views: 488

Re: 33 year old, New to investing, advice for portfolio diversification!

Welcome. What are the gains (long/short) in taxable? At 33, you should find space for ~20% bonds. The best place would be in your 457b. Do you have any lower cost, broad based bond funds? I would try to get 20% Total International. That could be swapping Total International (VTIAX) in your Roth from...
by bloom2708
Wed Jul 11, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Investing for long-term care
Replies: 8
Views: 884

Re: Investing for long-term care

I would invest in broad based total market index funds at your desired mix of stocks and bonds. If your desire to take more risk has increased, then add 5 or 10% more stocks (Total US and/or Total International). You want to invest in small cap grow to hopefully get losses to tax lost harvest? That ...
by bloom2708
Wed Jul 11, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: contributions not in line with target allocation intl vs domestic
Replies: 4
Views: 241

Re: contributions not in line with target allocation intl vs domestic

Your plan to split and adjust in your Rollover IRA is good. No tax consequences there. We continue to up our bond allocation (at re-balance time) in Rollover IRAs to keep Taxable and Roths 100% stocks (Total US + Total International). At some point, if you run out of space in the Rollover IRA, you m...
by bloom2708
Mon Jul 09, 2018 4:04 pm
Forum: Personal Consumer Issues
Topic: Mobile service with RedPocket
Replies: 19
Views: 899

Re: Mobile service with RedPocket

What version is your Apple iPhone for Sprint? Sprint phones are the only ones where the earlier versions were locked to Sprint for the US. That is the reason they are way cheaper. Some when unlocked were only unlocked for International use. Never unlocked for US. I would look at getting an unlocked...
by bloom2708
Mon Jul 09, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Expense Ratios Correlation with Returns
Replies: 6
Views: 579

Re: Expense Ratios Correlation with Returns

If your fund returns 4%, then you can calculate how much (as a percentage) is lost to the expense ratio. 4% return, .5% ER = 12.5% of your earning out the door. The bad part is you paid 12.5% of your earnings. The worse part is the dollars left your account and now can't grow with the rest of your d...
by bloom2708
Mon Jul 09, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Mobile service with RedPocket
Replies: 19
Views: 899

Re: Mobile service with RedPocket

What version is your Apple iPhone for Sprint? Sprint phones are the only ones where the earlier versions were locked to Sprint for the US. That is the reason they are way cheaper. Some when unlocked were only unlocked for International use. Never unlocked for US. I would look at getting an unlocked ...
by bloom2708
Mon Jul 09, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy needs help
Replies: 7
Views: 261

Re: Strategy needs help

What you are trying to do with your 529 works better with retirement. Money put in pre-tax or in Roth in your first years working grows for 20, 30, 40 years. It has a greater impact than funds put in with 10 or 5 years to go. We figured it out, but we probably missed 6-7 years where we didn't max ou...
by bloom2708
Mon Jul 09, 2018 3:32 pm
Forum: Personal Consumer Issues
Topic: Thoroughly cleaning grimy tile
Replies: 19
Views: 2085

Re: Thoroughly cleaning grimy tile

Get a stack of Magic Eraser cleaners from Costco. They usually sell them in bulk.

They are.....magic.
by bloom2708
Mon Jul 09, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: Prepaid cell phone plan vs Regular Contract Plan
Replies: 26
Views: 2087

Re: Prepaid cell phone plan vs Regular Contract Plan

Where are you at? T-Mobile coverage is not the same as AT&T (or Verizon) in many areas. I find the T-Mobile coverage map deceiving because the overlay 2g/3g/4g and make it seem like they cover most areas. Get off the beaten path an T-Mobile may leave you high/dry. If large urban area and you don't v...
by bloom2708
Mon Jul 09, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy needs help
Replies: 7
Views: 261

Re: Strategy needs help

I would prioritize retirement over 529.

How many years are you going to put $12k in? I would slow that down and increase pre-tax 401k/457b contributions.

Back door Roth IRA should still be an option.
by bloom2708
Mon Jul 09, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Roth Account
Replies: 4
Views: 396

Re: Roth Account

With no other information. Total US Stock Index To get the most out of posts, context is needed. Your portfolio should be viewed as a whole, taxable, 401k, Roth, HSA. In general think 3 fund. Total US, Total International, Total US Bond 1. Taxable should be US and/or International 2. Roth should be ...
by bloom2708
Mon Jul 09, 2018 10:16 am
Forum: Investing - Theory, News & General
Topic: 50/50 blend of VWENX+VUSUX provides ridiculous risk adjusted return vs 100% stocks
Replies: 22
Views: 2639

Re: 50/50 blend of VWENX+VUSUX provides ridiculous risk adjusted return vs 100% stocks

When I back test (perfection), my perfect portfolio is this:

Amazon purchased 20 years ago + 8% junk bond
by bloom2708
Mon Jul 09, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Input on personal finance decisions
Replies: 8
Views: 1253

Re: Input on personal finance decisions

1. Enjoy the new car. Drive it and move past this. You have $550k cash sitting. The car is no big deal 2. Exercise and hobbies should change as you age sometimes. You are no longer 25. I can't tell you to stop the martial arts. It sounds like lower impact activities might work out better at least un...
by bloom2708
Mon Jul 09, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Whole Life - We're doing it. What to look for?
Replies: 128
Views: 7488

Re: Whole Life - We're doing it. What to look for?

Why not buy more Term insurance instead of Whole Life? Very sorry for the loss in the family, but don't do anything quickly in response to something bad happening. Search on Whole or Universal Life and read threads on these topics. Most buy and then try to figure out how to get out. It is mostly jun...
by bloom2708
Mon Jul 09, 2018 9:56 am
Forum: Investing - Help with Personal Investments
Topic: What should I do with my taxable account?
Replies: 9
Views: 1844

Re: What should I do with my taxable account?

Taxable should be stocks unless you have no 401k space for bonds. Think 1 or 2 funds max in each account (if possible). Taxable: Total US or Total International Roth: Total US or Total International 401k: Stocks + Bonds. This is the best place for your 15% bonds How do you get to 15% in 401k? Pick a...
by bloom2708
Mon Jul 09, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: New and looking for help simplifying portfolio for FIRE(?)
Replies: 25
Views: 1855

Re: New and looking for help simplifying portfolio for FIRE(?)

Welcome! Simplification is the word. Taxable accounts will be the most work if you have gains. If not much long/short gains, then it is a great time to move/simplify. I would settle on Vanguard (Fidelity or Schwab would be next in line). 90/10 is quite risky for approaching 40. I would at least cons...
by bloom2708
Sat Jul 07, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to hit grand slam with small % portfolio?
Replies: 49
Views: 3225

Re: Trying to hit grand slam with small % portfolio?

With a small percentage you will most likely hit a dribbler in front of home plate.

Less is more. 1000% on a little is a little.
by bloom2708
Fri Jul 06, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: Rebalancing within US total stock/international total stock
Replies: 6
Views: 575

Re: Rebalancing within US total stock/international total stock

1. New money put into Total US Bond has a lower NAV and pays a higher rate of interest compared to your previously own shares. For long term buy and hold investing, you will come out fine (after a period of time) with the higher interest being paid. If you want to use the money market for now, that ...
by bloom2708
Fri Jul 06, 2018 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Helping Parents. Just Moved to VG
Replies: 15
Views: 925

Re: Helping Parents. Just Moved to VG

Thank you for the feedback. Money goals include covering medical costs for duration of life, travel during retirement (probably more domestic than international), continue to participate in philanthropic causes, etc. Upon further discuss and your helpful feedback, we are now talking about a portfol...
by bloom2708
Fri Jul 06, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Help change to a 3-fund portfolio
Replies: 19
Views: 819

Re: Help change to a 3-fund portfolio

Taxable and Roth would be a combination/mix of Total US and Total International. You could go Total US in taxable and Total International in both Roths. Total US Bond would go into your wife's 401k. If she has extra space, Total US or Total International again (or S&P 500 type index). Your 401k woul...
by bloom2708
Fri Jul 06, 2018 9:57 am
Forum: Forum Issues and Administration
Topic: Forum is logging me out again
Replies: 10
Views: 616

Re: Forum is logging me out again

Are you clearing your History/Cookies/Cache upon closing the browser or manually?

If you clear or do not save cookies (setting), then it will not remember your settings.
by bloom2708
Thu Jul 05, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 15159

Re: Retirement Destination - are you happy with your choice?

Not sure I understand this weather thing for retirees. I retired and bought a home because I don't particularly like living outdoors. Hot or Cold doesn't matter. Relationships with family and friends does. burt If you don't go outside (summer or winter), then it is always 72. When I go out in -15 w...
by bloom2708
Thu Jul 05, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: $60k from my company stock after IPO...what to do now?
Replies: 4
Views: 582

Re: $60k from my company stock after IPO...what to do now?

Do you owe tax? Pay off student loan and CC today. Set aside 6 months of expenses for Emergency Fund. Set aside near term spending (taxes, vacation) 100% of balance in Total World at Vanguard. Don't mess with all those other funds. Way too complicated. It will just cause a mess later you have to unr...
by bloom2708
Thu Jul 05, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roll over old 401k to Vanguard?
Replies: 6
Views: 422

Re: Roll over old 401k to Vanguard?

Do you do "Back door Roth" contributions? If you roll from 401k to your current Rollover IRA, that would be the major drawback. Then the Pro-rata rules make it difficult to do the back door roth conversion. If no back door Roth, then I vote to combine. 401ks offer some different protections and may ...
by bloom2708
Thu Jul 05, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Youtube TV Yet?
Replies: 42
Views: 3952

Re: Anyone Tried Youtube TV Yet?

I tried youtube TV for last couple of days. One big con I have seen and there is extensive discussions on this in various online forums: Some of the DVR'ed programs I am forced to watch commercials. What gives. The whole point of DVR is to skip the commercials, but now I am forced to watch the comm...
by bloom2708
Thu Jul 05, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Mobile service with RedPocket
Replies: 19
Views: 899

Re: Mobile service with RedPocket

There are some drawbacks with the plan you cannot send picture mms, which we don't use much of any way. Are your phones Android? To you have your APN set correctly? Sometimes Android will automatically try to set the APN and you end up with split and only one can be active. Support should be able t...
by bloom2708
Thu Jul 05, 2018 1:09 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 8939

Re: What time do you get up in the morning?

6 am For me, it has to be sustainable without naps. 4 am would be too early. I would be toast after several days. I do try to get to bed by around 9:30 to 10:00. If you do not need the sleep and don't crash, do whatever works out best. I exercise between 6 and 7 and still have time to eat, read the ...
by bloom2708
Thu Jul 05, 2018 1:07 pm
Forum: Investing - Theory, News & General
Topic: Invest less and pay down mortgage ?
Replies: 23
Views: 1636

Re: Invest less and pay down mortgage ?

The amount is low enough where I wouldn't be too concerned about paying it off. Maxing your pre-tax 401k would be a priority as you save the 22% or 24% tax. That gives you more to put in Roth or pay the mortgage. At some point you will get down to where your available cash can just pay it off. Then ...
by bloom2708
Thu Jul 05, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor: Jazz Wealth (CRD #282807)
Replies: 21
Views: 984

Re: Financial Advisor: Jazz Wealth (CRD #282807)

I didn't invest international market because I didn't like their top 10 holdings: I'm thinking of either opening a Vanguard Roth IRA for the International Index Fund or M1 Finance. One thing you will learn/pick up is that "feelings" and "hunches" and "likes" and "good tips" and all that stuff is no...
by bloom2708
Thu Jul 05, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor: Jazz Wealth (CRD #282807)
Replies: 21
Views: 984

Re: Financial Advisor: Jazz Wealth (CRD #282807)

Thank you, everyone. It's great to have a forum/support group. I feel bad because even after reading the wiki and books, I was almost goin to sign up for an advisor...I'm also disappointed in myself with not being able to fully grasp the philosophy...I have a lot to learn. Thanks again! At some poi...
by bloom2708
Thu Jul 05, 2018 10:19 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor: Jazz Wealth (CRD #282807)
Replies: 21
Views: 984

Re: Financial Advisor: Jazz Wealth (CRD #282807)

Why? When you can do it yourself with 1, 2 or 3 funds max. That is why Bogleheads exists (one of the reasons). $1 million total AUM? I would go nowhere near someone with so little under management. Why not ask your questions here for $0. Use a LifeStrategy or a Target Date fund that matches your des...
by bloom2708
Thu Jul 05, 2018 10:05 am
Forum: Investing - Help with Personal Investments
Topic: Building a house
Replies: 8
Views: 1297

Re: Building a house

What does selling the bonds do to your overall asset allocation? If that moves you to 90% stocks and you are normally 70% stocks and the market has a big drop, is that something you can tolerate? Can you sell both stocks/bonds to keep your asset mix in line? It sounds like you are doing this, not as...
by bloom2708
Thu Jul 05, 2018 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Can't participate in 401k for 1 year
Replies: 33
Views: 2425

Re: Can't participate in 401k for 1 year

I find it interesting that companies still do the "wait 1 year" policy. They might want to see if you work out and are worth it, but saving for retirement shouldn't be forced to wait a year. Fill up your Roth and use a taxable investing account. If you can pre-save $5,500 for 2019 with money that wo...
by bloom2708
Thu Jul 05, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 15159

Re: Retirement Destination - are you happy with your choice?

Not sure I understand this weather thing for retirees. I retired and bought a home because I don't particularly like living outdoors. Hot or Cold doesn't matter. Relationships with family and friends does. burt If you don't go outside (summer or winter), then it is always 72. When I go out in -15 w...
by bloom2708
Thu Jul 05, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Pay off my car or trade in on new?
Replies: 36
Views: 1717

Re: Pay off my car or trade in on new?

Move to the big city and become a "bicycle guy" and don't think about others "judging you". :wink: :o

If you like the car, pay it off or just keep making the payments.
by bloom2708
Thu Jul 05, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Mobile service with RedPocket
Replies: 19
Views: 899

Re: Mobile service with RedPocket

I do not use RedPocket (currently on Cricket) but I have heard good things about them. You would pick the 'Yellow' plan for Sprint. Go to eBay and search "Red Pocket 360" and see the different discounted offers for a full year of coverage. Is Sprint coverage working for you? I avoid Sprint and T-Mob...
by bloom2708
Wed Jul 04, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety Spending Money
Replies: 52
Views: 5211

Re: Anxiety Spending Money

Set aside "fun money" and spend it on what you deem as "fun".

You eventually have to escape the nest and renting an apartment will bring a new string of expenses and bills.

Save "enough" and live life. As your salary grows, you get up your savings goals.
by bloom2708
Wed Jul 04, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Monthly Water Usage
Replies: 61
Views: 3951

Re: Monthly Water Usage

7,000 seems reasonable. We have two older teen girls and a 10 year old. I think they are sleeping in the shower sometimes. I yell. They complain that I yell. :D They turn the water on 10 minutes before getting in the shower and then proceed to take a 45 minute shower. :oops: We have a sprinkler syst...