Search found 537 matches

by Compound
Tue Apr 10, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to Get Started
Replies: 15
Views: 1227

Re: Newbie Looking to Get Started

OP — When does your >$100k student loan repayment start? That’s the real albatross here. You have a debt emergency looming and need to get started ASAP. I register your rationalizations for purchases in your responses above, but implore you to look past those responses. Now is the time to get creati...
by Compound
Mon Apr 09, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation & Advice
Replies: 11
Views: 921

Re: Portfolio Evaluation & Advice

However, I am wondering if I should use the 25k in my brokerage account to purchase an investment property. Any thoughts on that? Can’t say I’m real excited about the idea as outlined. To my mind, the idea of investing in real estate remote to my primary residence is nerve-racking. What if somethin...
by Compound
Mon Apr 09, 2018 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Newbie Looking to Get Started
Replies: 15
Views: 1227

Re: Newbie Looking to Get Started

That is a lot of credit card debt! Tackling that should be priority #1. If you haven’t come across him already, Dave Ramsey should be first on your reading list. His get out of debt advice and perspective is generally quite good (with some caveats) when it comes to situations like these. Sell the ca...
by Compound
Mon Apr 09, 2018 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Have a question regarding investments in my taxable portfolio
Replies: 8
Views: 438

Re: Have a question regarding investments in my taxable portfolio

I would not be following the advice of your friend. I don't have muni bonds either. I would put bonds in tax-deferred and tax-efficient equity funds in taxable. I don't need any bonds in taxable because all my fixed income asset allocation will fit in my tax-deferred accounts. This. I’d ignore what...
by Compound
Mon Apr 09, 2018 8:41 pm
Forum: Investing - Theory, News & General
Topic: How Often Do Stocks & Bonds Suffer Concurrent Losses?
Replies: 30
Views: 2446

Re: How Often Do Stocks & Bonds Suffer Concurrent Losses?

Simplegift — thank you for putting together another thought-provoking post. I have more of a question than a comment. You mention TIPS, value stocks, REITs as helping, in real terms, against concurrent stock and bond losses during periods of high inflation. What about carrying debt? Would a substant...
by Compound
Mon Apr 09, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Paying Higher ER with 403(b) Options?
Replies: 11
Views: 302

Re: Paying Higher ER with 403(b) Options?

Here are the options in my current employer 403(b): FID 500 INDEX PR (FUSVX) 0.035% FID US BOND IDX PR (FSITX) 0.045% You could do worse than your preferred combination of these two. Am I reading the tea leaves correctly saying that in order of best to worst ideas would be: 1. Fund the 403(b) and a...
by Compound
Mon Apr 09, 2018 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Evaluation & Advice
Replies: 11
Views: 921

Re: Portfolio Evaluation & Advice

Main accounts: Cash - $7,000 401k\IRA - VTSAX (Vanguard Total Stock Market) - $48,000 Roth IRA - VTIAX (Vanguard Total International Stock Market) -$20,000 Taxable -VTSAX (Vanguard Total Stock Market Index Fund ) - $23,000 Crypto (Ethereum) - $3,000 Total: $102,458 2018 investment plan (per month):...
by Compound
Tue Apr 03, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy to Consider Relocating 5 Months after Buying a House?
Replies: 28
Views: 3041

Re: Am I Crazy to Consider Relocating 5 Months after Buying a House?

From a financial perspective, when you bought the house has no bearing on your newly found job opportunity. The housing expenses are now sunk costs. Sure, you may have felt less settled had this opportunity come along 6 months ago, but it simply wasn’t an option then. Now that it is an option, caref...
by Compound
Tue Apr 03, 2018 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 403b Investments
Replies: 5
Views: 315

Re: Changing 403b Investments

Hello, I just opened my 403b last year. I started with: 90% Vanguard Total Stock 10% Vanguard Total Bond I was thinking of switching to one of the Vanguard Target Retirement Date Funds to be even more passive about it.The expense ratio is slightly higher but still seems lower than alot of 401k/403b...
by Compound
Sun Mar 18, 2018 5:42 am
Forum: Personal Finance (Not Investing)
Topic: no health insurance as an early retirement strategy
Replies: 30
Views: 2075

Re: no health insurance as an early retirement strategy

I don’t like the plan. There are many health conditions that could strike suddenly and require significant medical intervention in a timely fashion that would be financially crippling if undertaken without insurance or potentially life altering or threatening if not dealt with. For example, coronary...
by Compound
Sun Mar 18, 2018 5:36 am
Forum: Investing - Help with Personal Investments
Topic: Fund 403B or focus on student loans 365K
Replies: 7
Views: 728

Re: Fund 403B or focus on student loans 365K

That is a huge amount of debt. While I find your four year payoff plan commendable, have you considered if you’re eligible for the public student loan forgiveness program?
by Compound
Tue Feb 27, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Buy outright or create new debt
Replies: 45
Views: 2429

Re: Buy outright or create new debt

What’s her rationale for financing the cars? Her rationale is whoever dies with the most money wins. We could have $500,000 sitting in regular savings account and it would make her physically sick to have to take out $3,000 for a new washer and dryer. Been like this for 20 yrs. Wish me luck with co...
by Compound
Mon Feb 26, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Help with GIANT interest car loan (28%)
Replies: 44
Views: 5365

Re: Help with GIANT interest car loan (28%)

Two words: Dave Ramsey.
by Compound
Sun Feb 25, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Buy outright or create new debt
Replies: 45
Views: 2429

Re: Buy outright or create new debt

What’s her rationale for financing the cars?
by Compound
Sun Feb 25, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Small Personal Loans for Mixed Martial Arts Training
Replies: 34
Views: 2673

Re: Small Personal Loans for Mixed Martial Arts Training

A sales career awaits. Why can't you fund this out of your income? I make $18/HR, and my budget allows for $160 extra per month (plus $50 savings per month). $160 is not enough for membership at these gyms. Most run $200+ at least. Simple put then, you can not afford to do this now. What would the ...
by Compound
Sun Feb 25, 2018 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest excess savings?
Replies: 7
Views: 1010

Re: Where to invest excess savings?

HSA (health savings account) first, if eligible. Then taxable. Way to go with the savings during this period of very low expenses!
by Compound
Sun Feb 25, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay down first?
Replies: 30
Views: 1552

Re: Which debt to pay down first?

Some additional information would help narrow the choices. How much money do you plan to use for debt reduction or to put into taxable accounts each month? Will you be itemizing your taxes with the changes in tax law? If so, what is the effective mortgage rate after tax deduction? How much do you d...
by Compound
Sun Feb 25, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay down first?
Replies: 30
Views: 1552

Re: Which debt to pay down first?

No bad choices here. Some additional information would help narrow the choices. How much money do you plan to use for debt reduction or to put into taxable accounts each month? Will you be itemizing your taxes with the changes in tax law? If so, what is the effective mortgage rate after tax deductio...
by Compound
Fri Feb 23, 2018 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need Review Help-New Home buy situation -first time thread
Replies: 10
Views: 666

Re: Need Review Help-New Home buy situation -first time thread

I don’t see any reason to wait to buy. You’re monthly cash flow will only change by $500, allowing you to rebuild your savings or start taxable investing at a $2500/month clip. While it may not work out to exactly that if there are unforeseen housing expenses, it seems as though you have a sizable c...
by Compound
Fri Feb 23, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Priority: Back Door Roth vs Taxable.
Replies: 7
Views: 639

Re: Investment Priority: Back Door Roth vs Taxable.

Why wouldn’t you prioritize the Backdoor Roth? You are already contributing to Roth accounts now on a less substantial income than you will have in the future. The money that had previously gone directly to the Roth will now just get there via a different route. You will therefore only have to find ...
by Compound
Fri Feb 23, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a mortgage, plan to pay off ~7-10 years.
Replies: 6
Views: 852

Re: Choosing a mortgage, plan to pay off ~7-10 years.

Consider playing with the calculators here:

https://www.mtgprofessor.com/calculators.htm

I’ve found them very helpful when previously faced with mortgage decisions.

That said, if you’re certain you can pay it off in seven years, go with the lowest interest rate (7/1 ARM).
by Compound
Fri Feb 23, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 16560

Re: Defining "House Poor"

There is no boglehead definition of house poor, just like there is no boglehead definition of 'best asset allocation'. In the end, it comes down to personal preference. Example: Someone who is risk averse might say the best asset allocation is 30:70 stocks:bonds. Someone who is less risk averse mig...
by Compound
Wed Feb 21, 2018 6:00 am
Forum: Investing - Help with Personal Investments
Topic: The Age Old Question: Invest or Pay Down Student Loans
Replies: 8
Views: 597

Re: The Age Old Question: Invest or Pay Down Student Loans

Refi the loans and work on paying them down. Seems like it will be a big uphill battle with the expected income being half the student loan amount. The number one financial priority should probably be career advancement and increasing income. If there is a 401k match, contribute enough to get that.
by Compound
Thu Feb 15, 2018 8:38 am
Forum: Investing - Help with Personal Investments
Topic: 529 vs. student loans vs. taxable account
Replies: 13
Views: 1110

Re: 529 vs. student loans vs. taxable account

I’d probably just pay off the loan in year one. For year 2 and beyond, I’d increase 529 contributions to a level I was comfortable with and put the rest in taxable. Of course you could split the difference across all three right from the start if doing so met your priorities.
by Compound
Mon Feb 12, 2018 11:21 pm
Forum: Personal Consumer Issues
Topic: Depositing check with 2 names in the "Payee" section
Replies: 11
Views: 1017

Re: Depositing check with 2 names in the "Payee" section

I have never dealt with this type of situation before, but logically can’t you reverse the proposal? By that I mean have your wife’s bank validate the check then send it to MIL for deposit in her bank?
by Compound
Mon Feb 12, 2018 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 17692

Re: Number at which to stop worrying

A long time ago I thought that if I had $100k I could quit worrying. When I reached that goal, I discovered that I continued to worry just as much as when I had nothing. So I set out to get a million, but the result was the same. I now have several million dollars and I have finally discovered ther...
by Compound
Sun Feb 11, 2018 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 97
Views: 7390

Re: Help with what to do, pay debt, fund 401k, EF? TLH of taxable to fund one of these

You seem to have an affinity for accumulating debt. Although your income is quite large, for some reason it seems you’ve got debt coming from all angles. My suggestion is simple: the focus of your monetary strategy should be on getting out of debt. So yes, sell the taxable funds and pay off the cred...
by Compound
Sun Feb 11, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: 401K Fund Allocations
Replies: 4
Views: 255

Re: 401K Fund Allocations

What about a portion to bonds?
by Compound
Sun Feb 11, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: App for contacts
Replies: 4
Views: 499

Re: App for contacts

If you have an iPhone you could list all this info under “notes” of the contact of one individual in the family. You can then use the search function under contacts to find the info. Should be fairly straightforward.
by Compound
Sat Feb 10, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: Borrow vs Pay Cash
Replies: 24
Views: 1926

Re: Borrow vs Pay Cash

Pay cash. The behavioral aspect if this decision is very powerful here. Sure, you could invest the payoff amount for the car in essentially riskless assets (the appropriate comparison) like a CD ladder that has rates higher than the loan. However, I suspect most people trick themselves into thinking...
by Compound
Sat Feb 10, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie Portfolio Review and help moving fwd
Replies: 8
Views: 564

Re: Newbie Portfolio Review and help moving fwd

Looks like you’re off to a good start! I will address several of your questions: 1. Your chosen asset allocation is a bit on the aggressive side. Given a long investing horizon, that’s not a bad idea. Just note that there potential downsides. You may (likely will) have to contend with some major mar...
by Compound
Sat Feb 10, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Google account stolen and I can't recover
Replies: 13
Views: 1566

Re: Google account stolen and I can't recover

Fortunately that was an unused account. Frightening nonetheless. Do you recall your password for that account? Do you think it was simply too weak?
by Compound
Sat Feb 10, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: New to investing, somewhat
Replies: 8
Views: 593

Re: New to investing, somewhat

Hi there, I'm somewhat new to investing, being a late starter in having a real career. I'm currently getting about 60k a year (it varies based on how many hours of OT I pull). I'm 32 years old no debts, but not much in savings and no house. Right now I have a Roth-IRA that has about 50,000 in it (m...
by Compound
Sat Feb 10, 2018 8:50 am
Forum: Investing - Theory, News & General
Topic: Day trading for a living/career?
Replies: 95
Views: 6984

Re: Day trading for a living/career?

I doubt many Bogleheads day trade, so don’t expect a lot of support for your idea. It’s antithetical to the buy and hold, low cost index fund philosophy we Bogleheads believe in. That said, I have a friend who is doing day trading. He has a very high risk tolerance and has made some very good money....
by Compound
Sun Feb 04, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: What is the best place to buy pet food online?
Replies: 28
Views: 2152

Re: What is the best place to buy pet food online?

We also use chewy.com. They have amazing customer service — very responsive and helpful.
by Compound
Sun Feb 04, 2018 1:00 am
Forum: Investing - Help with Personal Investments
Topic: Investment Recommendations
Replies: 10
Views: 864

Re: Investment Recommendations

Reading up the Asset Allocation and three fund portfolio links, I would want to go with Jack Bogle's suggestion in the link, per my age (31) for a 40% domestic stock/30% foreign stocks/30% bonds allocation. Or do you think that's too aggressive? Asset allocation looks great! How to get there is the...
by Compound
Sat Feb 03, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Soon To be Expat Seeks Advice TIA!
Replies: 23
Views: 1287

Re: Portfolio Weigh-In? Feedback?

Welcome to the forum.

Please post the expense ratios of the listed funds. My guess is that you could get much cheaper funds and have a much simpler portfolio by rolling the IRA over to Vanguard and doing the investing yourself.
by Compound
Sat Feb 03, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Investment Recommendations
Replies: 10
Views: 864

Re: Investment Recommendations

Have you considered what your desired asset allocation is?

https://www.bogleheads.org/wiki/Asset_allocation

What funds are available in your 401k? Please post with expense ratios.

How much do you need for a down payment?

Welcome to the forum!
by Compound
Sat Feb 03, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Volunteer consulting — need LLC or something else?
Replies: 8
Views: 537

Re: Volunteer consulting — need LLC or something else?

I've volunteered for various Board positions over the last decade. I spoke to my insurance agent recently if I was covered by my personal umbrella policy. She assured me I was covered for volunteering. Does the group your wife is volunteering her time for have a liability policy? You might be OK as...
by Compound
Sat Feb 03, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Volunteer consulting — need LLC or something else?
Replies: 8
Views: 537

Re: Volunteer consulting — need LLC or something else?

My apologies if this post comes across as clueless; if it does, at least it reflects reality. Situation: My spouse was recently trained to deliver a proprietary assessment tool. Most people who receive this training do so in order to setup paid consultancies where they charge a consultancy fee for ...
by Compound
Sat Feb 03, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Volunteer consulting — need LLC or something else?
Replies: 8
Views: 537

Volunteer consulting — need LLC or something else?

My apologies if this post comes across as clueless; if it does, at least it reflects reality. Situation: My spouse was recently trained to deliver a proprietary assessment tool. Most people who receive this training do so in order to setup paid consultancies where they charge a consultancy fee for t...
by Compound
Sat Feb 03, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: Life Balance of spending and saving
Replies: 54
Views: 4826

Re: Life Balance of spending and saving

- There is a very nice/safe neighborhood (country club) pool in our neighborhood. It is about .25 miles away and costs a membership fee of 1200 yearly to access. Presently we are not members. We have lived in our neighborhood for 2 years but have not joined due to trying to limit ongoing expenses. ...
by Compound
Fri Feb 02, 2018 11:38 pm
Forum: Personal Consumer Issues
Topic: Life Balance of spending and saving
Replies: 54
Views: 4826

Re: Life Balance of spending and saving

You have already stated you can afford this purchase, so my response is operating under that premise. Go for it! I’m fairly frugal and always seems to wrestle with spending money on things I think I will enjoy. Every time I’ve gone back and forth on a major purchase for fun (usually, but not always,...
by Compound
Fri Feb 02, 2018 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Need some guidance - Personal Finance/Retirement/Investment
Replies: 8
Views: 643

Re: Need some guidance - Personal Finance/Retirement/Investment

TwstdSista wrote:
Fri Feb 02, 2018 2:07 am
3-5 years is still short term, I wouldn't put that in the stock market. A 1.5% interest no penalty cd sounds perfect to me.
Agreed.

Also consider the Backdoor Roth that mhalley suggested if you need to save more for retirement.
by Compound
Fri Feb 02, 2018 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Funds from former employer's 401k plan - hold or sell?
Replies: 4
Views: 390

Re: Funds from former employer's 401k plan - hold or sell?

While the expense ratios of the funds in your 401k are not astronomical, you certainly can do better. Roll over to Roth IRA. Vanguard is a good choice for that.
by Compound
Tue Jan 30, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: New parent with history of saving seeks clean-up
Replies: 4
Views: 408

Re: Portfolio Review: New parent with history of saving seeks clean-up

Consider a no cost refi. The interest rate will be higher than rock bottom, but I’d expect it to be much better than your current rate.
by Compound
Tue Jan 30, 2018 9:25 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review: New parent with history of saving seeks clean-up
Replies: 4
Views: 408

Re: Portfolio Review: New parent with history of saving seeks clean-up

3. I'm highly considering paying down the 22k we owe on a mortgage with EF savings, as due to the low balance it probably can't be refinanced. Because of the lack of any other secured loans on our credit report, I'd rather not pay it off completely and would rather still have the loan on my report ...
by Compound
Tue Jan 30, 2018 9:14 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10534

Re: "I Volunteered for the Hospital Board and was Sued for Millions."

Thank you Taylor and JasonF. I do have umbrella coverage. I suppose I should call my insurance company to ensure duties as a board member would be covered if this situation arises again. What is considered a “generous maximum” for D&O coverage? Is there anything else that should be taken into consid...
by Compound
Tue Jan 30, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: should I use vanguard's 2 step verification sign in
Replies: 47
Views: 5979

Re: should I use vanguard's 2 step verification sign in

If you're using 2FA, make sure its done in a more secure way... Why to use Google Authenticator over SMS/Text codes: https://www.wired.com/2016/06/hey-stop-using-texts-two-factor-authentication/ Good post. I use google authenticator on other websites and think it's great. A yubikey or RSA token wou...