Search found 403 matches

by ny_rn
Mon Sep 24, 2018 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 66
Views: 4833

Re: Best way to get $100k cash

I doubt it.

Pay off the mortgage within a year since you can repay $100k loan within a year.
by ny_rn
Fri Aug 31, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Anxiety / REIT?
Replies: 3
Views: 635

Re: Anxiety / REIT?

I'm not sure what you're asking, but stick around the board and soak up the knowledge.

Start here: https://www.bogleheads.org/wiki/Getting_started
by ny_rn
Tue Aug 28, 2018 9:55 am
Forum: Investing - Help with Personal Investments
Topic: 6 figure sum to Vanguard Money Market or Savings account?
Replies: 12
Views: 1260

Re: 6 figure sum to Vanguard Money Market or Savings account?

Savings account. Keep it simple. Don't sweat the small stuff.
by ny_rn
Sun Aug 12, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Rental House Issue
Replies: 21
Views: 2606

Re: Rental House Issue

I have no advice for you, but I will definitely follow this thread.

I just purchased a rental property. :shock:
by ny_rn
Sun Aug 12, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 111
Views: 8505

Re: Can I buy a Tesla?

Do not buy this car. Not because you can't afford it, but this might trigger a trend of "I make enough, so I can afford it." One day you might wake up with all of this "stuff" and realize it's pretty much worthless. This will probably happen when you're headed to work and realize you could have stop...
by ny_rn
Fri Aug 03, 2018 4:33 am
Forum: Investing - Help with Personal Investments
Topic: Using Side Business to Finance Rental Property
Replies: 7
Views: 528

Re: Using Side Business to Finance Rental Property

You can't hold on indefinitely and expect a continuation of spectacular returns. E.g. the first apartment building I built collected rent at 50% of the cost of building it p.a.! Within 3 years I got back all my investment including interest and mortgage free. I sold it 25 years later @ 10x annual g...
by ny_rn
Fri Aug 03, 2018 2:29 am
Forum: Investing - Help with Personal Investments
Topic: Using Side Business to Finance Rental Property
Replies: 7
Views: 528

Re: Using Side Business to Finance Rental Property

With RE you have to be right in both time and space (location). Always remember that even hot locations will eventually follow the laws of economics and cool down. So you need to be awake. Any obviously high yield trade/industry will attract so much investment till it becomes mediocre. I also agree...
by ny_rn
Fri Aug 03, 2018 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Using Side Business to Finance Rental Property
Replies: 7
Views: 528

Re: Using Side Business to Finance Rental Property

I understand this is probably not the best board to ask this question, but I would like to see what the Bogleheads have to say. This board has literally saved my financial life. I would like to use funds from a online side business I have and place into a rental property. The 20% downpayment and re...
by ny_rn
Fri Aug 03, 2018 12:39 am
Forum: Investing - Help with Personal Investments
Topic: Using Side Business to Finance Rental Property
Replies: 7
Views: 528

Using Side Business to Finance Rental Property

I understand this is probably not the best board to ask this question, but I would like to see what the Bogleheads have to say. This board has literally saved my financial life. I would like to use funds from a online side business I have and place into a rental property. The 20% downpayment and res...
by ny_rn
Wed Jul 18, 2018 7:19 am
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 7579

Re: How do you handle the urge to DO something?

Do non-financial things. Enjoy life.
by ny_rn
Wed Jul 18, 2018 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 4017

Re: Buy a vacation home while renting

This may be a little off topic, but are you considering this vacation home just to say "I have a vacation home?"
by ny_rn
Mon Jul 16, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Buy a vacation home while renting
Replies: 61
Views: 4017

Re: Buy a vacation home while renting

Short answer. No. Rent your vacation home too.
by ny_rn
Sun Jul 15, 2018 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone not have a Budget?
Replies: 115
Views: 7481

Re: Anyone not have a Budget?

Never have and never will (hopefully). I don't sweat the small stuff...
by ny_rn
Sun Jul 15, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Analysis + 125K Cash to Invest
Replies: 41
Views: 1700

Re: Portfolio Analysis + 125K Cash to Invest

From a quick glance, I would clean up my portfolio by committing to a asset allocation and eliminating of most of those funds. I would also keep the $100k in cash until you have a clear and simple investment path.
by ny_rn
Tue Jul 10, 2018 5:34 am
Forum: Investing - Help with Personal Investments
Topic: Where do you keep your Emergency Fund?
Replies: 50
Views: 5803

Re: Where do you keep your Emergency Fund?

I have approximately one year of cash in a online savings account (Capital One 360). It is easily accessible and that's how I like it. Don't stress it.
by ny_rn
Mon Jul 02, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Need Your Feedback on 100% VTSAX
Replies: 39
Views: 4016

Re: Need Your Feedback on 100% VTSAX

I (33-year-old single male) have this same plan spread across my 403(b), Roth IRA and taxable account. I'll add bonds when I can no longer sleep at night. All extra money is contributed to taxable account.

Tax-efficient fund placement: https://www.bogleheads.org/wiki/Tax-eff ... _placement
by ny_rn
Sun Jul 01, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of rollover of Vanguard Institutional Index Fund (VINIX) in 403(b)?
Replies: 14
Views: 684

Re: Timing of rollover of Vanguard Institutional Index Fund (VINIX) in 403(b)?

I was in a similar situation earlier this year. I too work for a hospital system that was acquired by another hospital system. My old 403(b) was with Valic. The new 403(b) is with TIAA. I essentially made an account with TIAA, selected my investments and they did the rest. All of the money from Vali...
by ny_rn
Tue Jun 26, 2018 12:41 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 54493

Re: Post your Financial Milestone Announcements Here

A quick financial checkup just revealed I'm over the $200k mark.

33-year-old single male
403(b): ~$120k
Roth IRA: ~$35k
Taxable: ~$25k
Cash: ~$35k (will probably throw $15k of this into taxable account soon)
iBonds: ~$1.6k

:beer
by ny_rn
Sun Jun 10, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: 35 and Need Help With Building Wealth
Replies: 55
Views: 7071

Re: 35 and Need Help With Building Wealth

Make more money. Avoid lifestyle creep and invest the rest.
by ny_rn
Wed May 30, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 31478

Re: The Side Hustle

Thank you all for the replies. It's interesting to see what others are doing out there. I guess my Instagram side hustle pays for my real side hustle - Vanguard Total Stock Market (taxable account). And, a good beer here and there. :beer
by ny_rn
Tue May 29, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 31478

The Side Hustle

[Thread merged into here, see below. --admin LadyGeek] Just out of curiosity, how many Bogleheads have side hustles? Do you mind sharing what you do? How did you come up with the idea? What do you do with profits? I currently run a small medical/health account on Instagram and the income from that ...
by ny_rn
Wed May 09, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: 100% equity folks- holding any cash/bonds now?
Replies: 50
Views: 5256

Re: 100% equity folks- holding any cash/bonds now?

Single, 33-year-old.

100% Vanguard Total US Stock Market across my 403(b), Roth IRA and taxable account. Although, I do hold approximately one year worth of cash.
by ny_rn
Fri Apr 20, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum vs Dollar-cost average in 2018?
Replies: 7
Views: 1044

Re: Lump sum vs Dollar-cost average in 2018?

403(b) - should max out around July 2018.
Roth IRA - lump sum.
Taxable - throw money in throughout the year.

I believe in "time in the market."
by ny_rn
Fri Apr 20, 2018 3:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 54493

Re: Post your Financial Milestone Announcements Here

Casey Ryback wrote:
Fri Apr 20, 2018 2:45 pm
Just hit 1,000,000 net worth last month. I’m 33 and my wife is 31. One goal is to increase my taxable account, as most of my assets are in 401ks, IRAs, and 529s. The other goal is to hit 2,000,000 by 40. I owe a lot to this group.
Amazing work, Casey.
by ny_rn
Wed Apr 11, 2018 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: 29 YO With a big windfall. Invest or Pay off the mortgage?
Replies: 17
Views: 2710

Re: 29 YO With a big windfall. Invest or Pay off the mortgage?

I would probably act as if I did not receive this money and invest it according to my IPS. In my case I would put it all in Vanguard Total US Stock and go have a beer.
by ny_rn
Wed Apr 11, 2018 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I put 10K that is gifted to me?
Replies: 9
Views: 847

Re: Where should I put 25K that is gifted to me?

Savings account until you find out what to do.

Just make sure you DO NOT touch it.
by ny_rn
Wed Apr 11, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out 403(b) early in year
Replies: 10
Views: 818

Re: Maxing out 403(b) early in year

Thank you all for the replies. It looks like I'll just "get it done."
by ny_rn
Tue Apr 10, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: 401ks maxed, Roths fully funded. Whats next?
Replies: 11
Views: 896

Re: 401ks maxed, Roths fully funded. Whats next?

I'm in the same boat. I moved to taxable and currently looking at something beyond that. Any thoughts?
by ny_rn
Mon Apr 09, 2018 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Maxing out 403(b) early in year
Replies: 10
Views: 818

Re: Maxing out 403(b) early in year

blueman457 wrote:
Mon Apr 09, 2018 6:53 am
The only catch up the employer match. It seems that some companies will match monthly as long as you contribute monthly. My employers have not had this stipulation but others on this board have.

Blue Man
Unfortunately, I do not have a match.
by ny_rn
Mon Apr 09, 2018 6:49 am
Forum: Investing - Help with Personal Investments
Topic: Maxing out 403(b) early in year
Replies: 10
Views: 818

Maxing out 403(b) early in year

Fortunately, I have been able to max out my unmatched 403(b) for the past few years. This year, I am considering contributing the full $18,500 within the next few months. To date I have contributed approximately $6,000. Are there any advantages/disadvantages to contributing the full amount early in ...
by ny_rn
Sun Apr 08, 2018 2:16 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3697
Views: 1058628

Re: What Movie Have You Recently Watched?

A Quiet Place
Spinning Man
The China Hustle
The Outsider
You Were Never Really There
by ny_rn
Sat Apr 07, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 14359

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

I am 33-years old with a asset allocation of 100/0. Total US stock market spread across 403(b), Roth IRA and taxable account. Why? I like simplicity. I’ll add bonds when I can no longer sleep at night. Although, I do have a pension that is not counted at this time in my asset allocation. I follow th...
by ny_rn
Wed Apr 04, 2018 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Very Small Amounts Daily
Replies: 22
Views: 3580

Re: Investing Very Small Amounts Daily

I have automatic contribution set for X amount weekly and X amount on the 1st of every month. I also contribute X amount randomly when I have extra funds.
by ny_rn
Thu Mar 29, 2018 9:14 pm
Forum: Investing - Theory, News & General
Topic: Is 100% VTSAX (+ bonds) the best portfolio?
Replies: 14
Views: 2062

Re: Is 100% VTSAX (+ bonds) the best portfolio?

It works for me. I solely own this across my 403(b), roth and taxable account. I love simplicity.

"There is more than one road to Dublin." - Taylor Larimore
by ny_rn
Tue Mar 27, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Los Angeles Condo Purchase Advice
Replies: 53
Views: 4230

Re: Los Angeles Condo Purchase Advice

Do you have to pay this "gift" back?
by ny_rn
Wed Mar 21, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or Buy in Miami?
Replies: 20
Views: 2046

Re: Rent or Buy in Miami?

Renting seems so much more straightforward but financially speaking I know buying a home can be a much smarter choice. Simple answer. Rent. You will be new to Miami. Your girlfriend is just starting school. What if she finishes PA school and wants to move? What if she doesn't finish the program? Ki...
by ny_rn
Tue Mar 13, 2018 5:02 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 54493

Re: Post your Financial Milestone Announcements Here

cfs wrote:
Mon Mar 12, 2018 5:57 pm
ny_rn wrote:
Sat Mar 10, 2018 3:18 pm
. . . My 403(b) recently hit six-figures and I still have ~ 30-years until I need this money . . . .
Wow, what a feeling! Oh, I like the animated gif. Good luck, y gracias por leer ~cfs~
Thank you. I wish my current employer matched contributions.
by ny_rn
Sat Mar 10, 2018 3:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 54493

Re: Post your Financial Milestone Announcements Here

My 403(b) recently hit six-figures and I still have ~ 30-years until I need this money. Here's to all of my co-workers who make fun of me because I keep a ziplock bag full of coins at work to buy coffee, snacks, etc. :D Animated GIF: https://media.giphy.com/media/gTURHJs4e2Ies/giphy.gif Thank you, B...
by ny_rn
Mon Mar 05, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: $500 gift card, what to do?
Replies: 42
Views: 3610

Re: $500 gift card, what to do?

Option 1: Send it to me.

Option 2: Use it on everyday expenses: gas, coffee, food, buy other people coffee, etc.

Don't overthink this. It's a gift card. Use it. I still prefer option 1. :D
by ny_rn
Fri Mar 02, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: The Side Hustle [when to incorporate]
Replies: 1
Views: 461

The Side Hustle [when to incorporate]

Long story short, I operate a online side hustle that generates a average net income of approximately $2k per month. I put in no more than 3-5 hours per week into this side hustle. All of the money comes in via PayPal. At what point should I incorporate this side hustle? I intend to increase the amo...
by ny_rn
Sat Feb 24, 2018 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Just had our offer accepted on a $1.4 Million House
Replies: 90
Views: 10066

Re: Just had our offer accepted on a $1.4 Million House

wholeinone04 wrote:
Sat Feb 24, 2018 7:01 am
So which loan option should we go with?
Neither. Rent for the next three years, save a lot and then buy your "dream house." Simple.
by ny_rn
Wed Feb 21, 2018 10:15 am
Forum: Investing - Theory, News & General
Topic: JL Collins - The Simple Path to Wealth
Replies: 7
Views: 2743

JL Collins - The Simple Path to Wealth

For all of you JL Collins fans, here's a interview he did at Google.

https://www.youtube.com/watch?v=T71ibcZAX3I
by ny_rn
Sat Feb 17, 2018 2:49 pm
Forum: Investing - Help with Personal Investments
Topic: Investment strategy... have an extra 1000 a month to spend
Replies: 11
Views: 1056

Re: Investment strategy... have an extra 1000 a month to spend

Unstoppable247 wrote:
Sat Feb 17, 2018 2:43 pm
We do not have an IRA.
Get two (you and your wife). That's ~ $11k tax-free growth space...

You will not find a lot of individual stock picking around here. Sorry.
by ny_rn
Sat Feb 17, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Investment strategy... have an extra 1000 a month to spend
Replies: 11
Views: 1056

Re: Investment strategy... have an extra 1000 a month to spend

Do you both have rIRA in place? If not, max those out and save the rest.
by ny_rn
Tue Feb 13, 2018 3:57 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 15240

Re: What big item (>20k) are you saving up for?

Disclaimer: 33-year old male, single, no kids. - Enough to pay almost cash or huge downpayment for a home when the time comes. - Money for future family. - Any opportunities that arise that will help that money make money. Other than that, 100% of that money is parked in good ole Vanguard Total US S...
by ny_rn
Mon Feb 12, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 5300

Random conversations regarding money

Last night I was at a gathering and found myself in a conversation regarding money and investing with another individual. He asked about what I invest in, etc and I told him, " mostly the US total stock market." He then proceeded to tell me how he only invests in physical gold bars, tax-deferred and...
by ny_rn
Tue Feb 06, 2018 10:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: New Bogleheads Local Chapter in Little Rock, AR
Replies: 32
Views: 4157

Re: Any Bogleheads in Little Rock, AR?

My hometown is Little Rock, AR, but I currently live in Brooklyn, NY. I'm there at least 1-2 every month or so. I would love to meet up if the times work.
by ny_rn
Mon Jan 22, 2018 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Please recommend an allocation now ( age 31) if retiring in 20 years ?
Replies: 33
Views: 2599

Re: Please recommend an allocation now ( age 31) if retiring in 20 years ?

Increase income (not sure what it currently is) and save, save, save.