Search found 532 matches

by BogleBoogie
Sun May 13, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1585

Re: Refinance house to defer more?

I would not refinance a 3.375% loan to a 4.625%. I might consider putting less in your EPSS and more in your 401k I agree that the interest rate increase is not ideal. However, in this particular situation it looks like the initial decision to go with a 15 year fixed loan (versus a 30 year fixed lo...
by BogleBoogie
Sat May 12, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1585

Re: Refinance house to defer more?

I'm leaning toward it because I also have an unstable job, and if I lose my job I can't quickly reduce my mortgage payment but I CAN quickly reduce my 401k and other contributions, giving me more runway. Now I'm just trying to decide if 15 years makes sense, why not go all the way to 20 or 30 year....
by BogleBoogie
Sat May 12, 2018 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance house to defer more?
Replies: 34
Views: 1585

Re: Refinance house to defer more?

I've seen this issue debated fiercely on this site! In summary, I was in a similar position as you with shorter term mortgage but cash flow did not allow for maximum contributions. My philosophy on making the decision to refinance, increase cash flow to max retirement accounts was based on there bei...
by BogleBoogie
Sat May 05, 2018 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to smell like buying season?
Replies: 55
Views: 6431

Re: Starting to smell like buying season?

Lots of Bogleheads do that thing where they pretend not to be able to look up a ticker symbol by opening a new tab and taking all of 3 seconds, so I think you might've known and just pretended not to know. I think that it is best to avoid using acronyms and ticker symbols when posting. One person c...
by BogleBoogie
Tue Apr 24, 2018 12:02 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 79
Views: 11048

Re: Too much Bogleheads.org?

A successful index fund investor goes through four phases: 1) Darkness - takes advice from everyone; 2) Enlightenment - realizes a market return is superior to their return; 3) Complexity - overdoing everything to find optimal; 4) Simplicity - invests in a few total market funds Dear OP, You’re in ...
by BogleBoogie
Mon Apr 23, 2018 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: New Investor but have funds that were set up for me as a minor. Just now taking control of them.
Replies: 7
Views: 833

Re: New Investor but have funds that were set up for me as a minor. Just now taking control of them.

Just wanted to reach out to say how fantastic it is that you appreciate the "jump start your" dad gave you, and are being so smart in your approach to your finances and future. I've held several accounts with Schwab for decades now and recommend them without hesitation. I don't have a 3 fund simple...
by BogleBoogie
Tue Apr 17, 2018 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Is an 80/20 Asset Allocation Appropriate?
Replies: 20
Views: 2555

Re: Is an 80/20 Asset Allocation Appropriate?

At ages 57 and 54, it seems that an 80% Stock/20% Bond is too aggressive, even if you don't plan to touch the money for ten years. I am age 58 and am invested 66% stocks and 34% bonds and cash, I feel like I am invested a bit aggressively for someone my age. Let's look at the Vanguard 2025 fund and...
by BogleBoogie
Tue Apr 17, 2018 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: Is an 80/20 Asset Allocation Appropriate?
Replies: 20
Views: 2555

Re: Is an 80/20 Asset Allocation Appropriate?

At ages 57 and 54, it seems that an 80% Stock/20% Bond is too aggressive, even if you don't plan to touch the money for ten years. I am age 58 and am invested 66% stocks and 34% bonds and cash, I feel like I am invested a bit aggressively for someone my age. Let's look at the Vanguard 2025 fund and...
by BogleBoogie
Tue Apr 17, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Easiest way for minor child to file taxes
Replies: 16
Views: 949

Re: Easiest way for minor child to file taxes

Similar situation here. My CPA advised it was best to file a tax return to avoid the long term potential for the IRS to challenge the earned income. I don't know the potential for this being an issue and relied on his advice. I can say I sleep much better at night paying a tiny bit in taxes on the e...
by BogleBoogie
Sat Apr 14, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Is an 80/20 Asset Allocation Appropriate?
Replies: 20
Views: 2555

Re: Is an 80/20 Asset Allocation Appropriate?

At ages 57 and 54, it seems that an 80% Stock/20% Bond is too aggressive, even if you don't plan to touch the money for ten years. I am age 58 and am invested 66% stocks and 34% bonds and cash, I feel like I am invested a bit aggressively for someone my age. Let's look at the Vanguard 2025 fund and...
by BogleBoogie
Sat Apr 14, 2018 8:43 am
Forum: Investing - Theory, News & General
Topic: Why are expected returns so much lower than historical returns?
Replies: 153
Views: 8941

Re: Why are expected returns so much lower than historical returns?

Don't spend too much energy trying to understand the "why" of these crystal ball predictions. If the Boglehead philosophy is predicated on "nobody knows nothing", then this is a futile exercise.
by BogleBoogie
Fri Apr 13, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: PayPal fund request from unknown person?
Replies: 19
Views: 1615

Re: PayPal fund request from unknown person?

Clark Howard just talked about people "accidentally" depositing money into someone's Paypal account and then claiming it a mistake and asking for it to be returned. These are probably people churning cards for cash, but it could be something more sinister. Interesting - I had this happen a few week...
by BogleBoogie
Mon Apr 02, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Newbie w/ $200k to invest- help!
Replies: 16
Views: 2139

Re: Newbie w/ $200k to invest- help!

By the Boglehead's Guide To Investing book. Find a quiet place like a coffee shop or park, any place you enjoy. Sit down and read it, take notes and highlight. Continue to read the Wiki. Post questions. Come up with your IPS and put it on auto-pilot! You are ahead of the game and very wise to invest...
by BogleBoogie
Mon Apr 02, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance, why long terms?
Replies: 27
Views: 2095

Re: Life Insurance, why long terms?

$185/mo for a 30 year $3M term seems a great bargain for someone over 30. If you buy 10 or 20 years now thinking that buying another policy when you are 44 or 54 isn't going to cost you a lot more at that point (post inflation) - you are mistaken. The older you get the bigger a risk you are to the ...
by BogleBoogie
Sun Apr 01, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2592
Views: 493243

Re: What's Your Credit Card Rewards Strategy?

My credit card strategy is to maximize the rewards for every transaction. I use several cards to achieve this.
by BogleBoogie
Sun Apr 01, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Reached 4M target. Taking money off table. Advice?
Replies: 120
Views: 20895

Re: Reached 4M target. Taking money off table. Advice?

I'm not sure what information the OP is seeking. I do find it odd that his "first threshold" was 4 million dollars. Mine was a thousand dollars. When I hit a hundred thousand that was another... First time posters with huge portfolios always make me wonder if were being trolled especially when thei...
by BogleBoogie
Sat Mar 31, 2018 9:45 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 329577

Re: What are you up YTD? [Year To Date]

I think I'm about even.

60/40
by BogleBoogie
Sat Mar 31, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 190
Views: 35155

Re: What's your U.S. : International ratio?

100 : 0 I don't have international funds. My total stock market US does have quite a bit of foreign exposure though. Couldn't the exact same argument be used to flip the allocation to 0:100? Say for example investing in 100% Canadian stocks because Canada has a good bit of exposure to US Markets? Y...
by BogleBoogie
Fri Mar 30, 2018 4:06 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 190
Views: 35155

Re: What's your U.S. : International ratio?

100 : 0

I don't have international funds. My total stock market US does have quite a bit of foreign exposure though.
by BogleBoogie
Fri Mar 30, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: % Portfolio Wieght Concerns?
Replies: 23
Views: 1354

Re: % Portfolio Wieght Concerns?

I'm not concerned, the market weight is the market weight. On another topic, I was always told "I before e, except after c." You have proven that rule wrong with your title.
by BogleBoogie
Fri Mar 30, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 127
Views: 12531

Re: Anybody else Age - 10 in bonds, rest in stocks

I've gone from age -15 in bonds to age in bonds over the last 5 years. I've found myself becoming increasingly more conservative after mulling over hundreds, maybe thousands, of threads on this site. For me, I've become to realize I have less need to take on the additional risk. Of course when we ar...
by BogleBoogie
Fri Mar 30, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9545

Re: How Do You Value Your Home for Net Worth Purposes?

In my opinion, knowing your net worth is important. For starters, it is a great way to track your progress (or lack of) as you work towards becoming financially independent. An example where knowing our family net worth comes in handy for me is when I run different "what if" scenarios. If I were to ...
by BogleBoogie
Fri Mar 30, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: At what price difference would you no longer go with USAA for auto insurance?
Replies: 18
Views: 1676

Re: At what price difference would you no longer go with USAA for auto insurance?

Agreed that this is subjective. I do like to get what I pay for. As a long term USAA customer for auto, home and personal property, and life insurance I can say that they have NEVER let me down. I totaled a car and they cut a check for about 10-15% more than what I paid for the car almost instantly....
by BogleBoogie
Thu Mar 29, 2018 10:09 pm
Forum: Investing - Theory, News & General
Topic: What is the endgame for Millennials?
Replies: 128
Views: 9353

Re: What is the endgame for Millennials?

I think that pensions vanishing is good for Millennials. The reason is that pensions die with their parents, but if their parents had 401(k)s, 403(b)s, IRAs, then they will inherit quite a bit of money. The [government] pension is good for me. I'll end up with the best of both worlds, a fully funde...
by BogleBoogie
Tue Mar 27, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9584

Re: Blasphemy... DO PEEK!

For those who check their portfolio frequently, WHY?? What are you going to do about what you observed? Paul I keep track so I know when it's time to rebalance, isn't that the point of determining your AA and sticking to it. When you have stocks/bonds/cash spread throughout multiple accounts and br...
by BogleBoogie
Mon Mar 26, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: New car?
Replies: 46
Views: 3315

Re: New car?

A year ago my wife finally agreed to letting go of her sixteen year old 2001 Lexus ES300 with 76,000 miles on it. It was in outstanding shape and she had four offers from the Lexus mechanics to sell it to them. I kept detailed records of every dollar spent on that car starting with its purchase, in...
by BogleBoogie
Mon Mar 26, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell Wellington Fund Today?
Replies: 30
Views: 4007

Re: Should I sell Wellington Fund Today?

Yes, way up! What a difference one day makes. That 99k to 97k probably went closer to 100k today.
by BogleBoogie
Mon Mar 26, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 99
Views: 10648

Re: How to deal with regret

For you, I strongly suggest a target date fund or a balanced index fund. Both will automatically adjust AA and you can step away and the let the magic happen over time.
by BogleBoogie
Mon Mar 26, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: New car?
Replies: 46
Views: 3315

Re: New car?

The big question here is does SHE want a new car? I think the argument can be made that the most cost effective solution is to repair the A/C and move on. Of course that isn’t necessarily the best decision. Given what I know from your post and responses, if she wants a new car the circumstances seem...
by BogleBoogie
Sun Mar 25, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Age: 35 General Budget and Finance Questions (6 years later)
Replies: 22
Views: 3093

Re: Age: 35 General Budget and Finance Questions (6 years later)

Step it up. Pay down all the debt and increase your retirement account. There is room for improvement given your high income.
by BogleBoogie
Sun Mar 25, 2018 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund vs. 3-Fund Portfolio In Market Swings
Replies: 10
Views: 1056

Re: Target Date Fund vs. 3-Fund Portfolio In Market Swings

My advice is stick with the TD fund. The ability to be able to adjust the 3 fund portfolio to "rebalance" may lead to too much tinkering, market timing attempts, etc. There is some beauty in the simplicity that you have and that ER is phenomenal!
by BogleBoogie
Sun Mar 25, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: Invests money, 3 days later the market tanks.
Replies: 58
Views: 7308

Re: Invests money, 3 days later the market tanks.

I invested $6500 on 3-20-18. Then the next day Jerome Powell raises interest rates. The stock market tanks on 3-23-18 and I lose $3,500. If I had known the exact date the FEDS were going to raise interest rates I would not have invested. I read and stay abreast of financial news and I did not see t...
by BogleBoogie
Sun Mar 25, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: New Money to Invest
Replies: 1
Views: 223

Re: New Money to Invest

I have 300,000 dollars that we were going to use for a motor home and we have changed our mind. Looking to invest in this market dip. All of my 60/40 asset allocation is with Vanguard mutuals/etfs. I have 15% international and will not need funds for several years. This is a 5% stake of my portfoli...
by BogleBoogie
Sat Mar 24, 2018 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Struggling to figure out what to do with my Roth IRA
Replies: 6
Views: 790

Re: Struggling to figure out what to do with my Roth IRA

A few years back (fresh out of college) I opened a Roth IRA with PNC and have steadily contributed to it every year since putting everything into ONGAX. It's now sitting at about $24,500 in value, and I feel like I could have made a better decision due to high expense ratios attached to the fund. F...
by BogleBoogie
Thu Mar 22, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Paying Points on Purchase Mortgage - Worth It?
Replies: 28
Views: 2381

Re: Paying Points on Purchase Mortgage - Worth It?

Don't pay the points. I say this from experience. I know my answer doesn't fit every scenario but here is my logic and what I've learned from experience. By paying the points, you are taking a large gamble that 1. You won't move for a long time (say 30 years) and 2. You won't refinance in the near f...
by BogleBoogie
Mon Mar 12, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 144808

Re: Boglehead Beer

There is no room in life for cheap beer. Find the beer that you enjoy that is the best value and go that way. I've noticed the local stores rotate what is on sale. So the same 12 back fluctuates from $11.99 to $15.99. When it is on the lower side I grab a few. I never pay full price.
by BogleBoogie
Mon Mar 12, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Should we buy my wife a new car?
Replies: 53
Views: 3627

Re: Should we buy my wife a new car?

I agree with putting better tires on the Camry. I would try to keep both cars as long as you can. I believe you will be needing to buy a new or newer family vehicle when you start having kids. That is a big reason to wait IMO. Depending on you and your wife's preference, you may want an SUV or miniv...
by BogleBoogie
Sat Feb 10, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6537
Views: 1401572

Re: U.S. stocks in freefall

Lucky for me, I sold some yesterday, Vanguard didn’t let me exchange to another fund. So I had cash and took a nibbling this morning. Not too much, just in case, it might fall more. I have done a few buying low and selling higher this week. It dulled the pain of 740 points drop on the rest. Yes, ve...
by BogleBoogie
Fri Feb 02, 2018 12:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6537
Views: 1401572

Re: U.S. stocks in freefall

Lucky for me, I sold some yesterday, Vanguard didn’t let me exchange to another fund. So I had cash and took a nibbling this morning. Not too much, just in case, it might fall more. I have done a few buying low and selling higher this week. It dulled the pain of 740 points drop on the rest. Yes, ve...
by BogleBoogie
Mon Jan 29, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.
Replies: 29
Views: 3040

Re: Portfolio review. 36yo: been in cash/bonds a long time, need guidance.

I would consider a target date retirement fund . This would force you to not tweak the AA, pay attention to market conditions, and stick with your plan. You know deep down inside what you should do, but it is difficult for you to execute the plan and stick with it. I can identify with some of this, ...
by BogleBoogie
Mon Jan 22, 2018 8:12 pm
Forum: Forum Issues and Administration
Topic: Doesn't seem like people respond to portfolio assessments like they did a few years ago.
Replies: 105
Views: 10529

Re: Doesn't seem like people respond to portfolio assessments like they did a few years ago.

I was going to read the post you are referring to and weigh in, but then I got tired and distracted.
by BogleBoogie
Thu Jan 11, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Help me stop my addiction to stock market peeping!
Replies: 66
Views: 4863

Re: Help me stop my addiction to stock market peeping!

Lock yourself out of the online account and only read the quarterly statements delivered via US mail.
by BogleBoogie
Sun Jan 07, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5540

Re: Can you ever win the game?

It is so very much possible I am not even sure your question makes any sense. Can you be more specific regarding what you have in mind? I am not sure how you classify people who have no assets but live on combinations of pensions, Social Security, and whatever public benefits come their way. Some p...
by BogleBoogie
Sat Jan 06, 2018 7:35 pm
Forum: Investing - Help with Personal Investments
Topic: Am I market timing with my newly considered AA?
Replies: 11
Views: 1006

Re: Am I market timing with my newly considered AA?

If you change to 60/40 and there is a big equity dip, will you change your AA to become more aggressive?
by BogleBoogie
Mon Jan 01, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Refi After 1 Year?
Replies: 42
Views: 2973

Re: Refi After 1 Year?

To get the best, most specific advice for your particular situation more information would be needed (income, investments, cash flow, job security, years left working, etc.). But generally speaking, if you can swing the 20 year mortgage over the 30 year while still accomplishing all your investment ...
by BogleBoogie
Sat Dec 30, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 10271

Re: I Want to Buy a Horrible, Expensive Car

corn18 wrote:
Sat Dec 30, 2017 10:05 am
watchnerd wrote:
Sat Dec 30, 2017 9:17 am
Lange's are beautiful, but I'm a tool watch kind of guy.
My daily wearer. The ultimate tool watch.

Image
Nice watch LT!
by BogleBoogie
Sat Dec 30, 2017 12:00 am
Forum: Personal Consumer Issues
Topic: I Want to Buy a Horrible, Expensive Car
Replies: 155
Views: 10271

Re: I Want to Buy a Horrible, Expensive Car

This certainly does not come down to a financial question as you are doing very well. It seems more like an itch that you are trying to figure out how to scratch. My advice is to go test drive one several times. Read all the reviews to really understand what you are getting into. Finally, I would sa...
by BogleBoogie
Thu Dec 28, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Got myself an extra $200 today just by being observant
Replies: 25
Views: 5471

Re: Got myself an extra $200 today just by being observant

I'm really concerned by what you mean when you say "listed price." I'm extra concerned that they cut you a $200 check that quick after the sale. I hope by listed you aren't referring to a price they had it advertised for and you paid that price in full (sans negotiation).
by BogleBoogie
Wed Dec 27, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 12508

Re: Another should i buy my dream porsche thread...

I'm voting no on any $100,000 car purchase for your situation. While you are doing well for 39 compared to most 39 year olds, your retirement account is underfunded - especially in comparison to your high income. I realize your income just went up, which may be in part what is causing you to feel th...