Search found 514 matches

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: 527

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: 985

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: 963

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: 16813

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: 6959

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: 215

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: 463

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: 1854

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: 509

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: 1500

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: 550

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: 6635

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: 2033

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: 799

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: 1222

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: 799

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: 497

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: 497

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: 497

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: 4577

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: 4577

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: 608

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: 367

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: 375

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: 375

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: 10359

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: 5668

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...
by Compound
Tue Jan 30, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: "I Volunteered for the Hospital Board and was Sued for Millions."
Replies: 44
Views: 10359

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

What an awful experience for the author! I was asked to participate on a nonprofit board several years ago. I had no idea about any specifics at the time, but had a vague concern about liability. I had no idea what the right questions were to ask. Feels like I dodged a potential bullet because I ele...
by Compound
Mon Jan 29, 2018 10:27 pm
Forum: Personal Consumer Issues
Topic: Buy a new car or not?
Replies: 34
Views: 2595

Re: Buy a new car or not?

I previously owned a problematic VW. Finally got fed up and ditched the thing. Like you, my height is substantial. Unlike you, the bimmer you are considering is well over 10% of my income; I bought a Honda Accord sport. I love this car in this trim. Power driver seat, telescoping steering wheel, and...
by Compound
Mon Jan 29, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Opinions sought on insuring my wife
Replies: 14
Views: 945

Re: Opinions sought on insuring my wife

Add my vote to the chorus. Term life insurance for your wife makes a lot of sense. Like many (?all) insurances, here’s hoping you never have to use it! :beer
by Compound
Mon Jan 29, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Converting a MF to a 529?
Replies: 2
Views: 152

Re: Converting a MF to a 529?

Congratulations on the pregnancy!

Can you clarify what you mean by MF in this context?
by Compound
Mon Jan 29, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 16
Views: 1380

Re: New job offer

Seems that the opportunity for upward mobility alone is worth making the move for. Increase in pay helps to seal the deal. If over time the negatives start to outweigh the positives, you would be looking at higher tier jobs.
by Compound
Mon Jan 29, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: 10 Things to do for Financial Wellness
Replies: 17
Views: 2391

Re: 10 Things to do for Financial Wellness

I'm giving a little presentation to a group of teacher friends at my school next week. Here is my list of ten things to do to prepare for financial wellness . Each bullet point will include a slide with more details. What would you add/remove? These teachers will have access to a modest state pensi...
by Compound
Sun Jan 28, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: What to do with excess money?
Replies: 12
Views: 1126

Re: What to do with excess money?

All are good options for the leftover cash: pay off TSP, car, and home loans; start a taxable account; contribute to 529 (don’t forget to check if your state has a tax break for this). Like you, my initial inclination would be to get out of debt. Even though the TSP loan rate is low, borrowing from ...
by Compound
Sun Jan 28, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1529

Re: College student co-op, pre-med

The main difference is preservation of the Roth space and tax-free growth.
by Compound
Sat Jan 27, 2018 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1529

Re: College student co-op, pre-med

Your asset allocation for this fund should really depend on what time horizon is most realistic for needing to use these funds. If you foresee a very high chance of using these funds in the next couple of years, then I would suggest taking minimal risk with this investment. Something like Vanguard p...
by Compound
Sat Jan 27, 2018 8:34 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on Small/Med Cap Tilt and Target-Based Funds
Replies: 3
Views: 366

Re: Thoughts on Small/Med Cap Tilt and Target-Based Funds

[*] I'm not too trilled with the Fidelity 401k fund options and their expense ratios. Hence why I re-allocated the inactive 401k to FID 500 Index. I would like some feedback regarding the current allocation for the active 401k. Should I stick to those funds or minimize to FXSIX/VBTIX/FSPNX? The Van...
by Compound
Sat Jan 27, 2018 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review and Moving On
Replies: 3
Views: 501

Re: Portfolio Review and Moving On

What is your desired asset allocation? You currently have a ton of funds, so it’s quite challenging to see, at least at a glance, how your assets are presently outlayed. Posting your desired asset allocation may help others chime in on what funds to choose in each location. I like the idea of placin...
by Compound
Sat Jan 27, 2018 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral shares
Replies: 2
Views: 597

Re: Admiral shares

Vanguard target retirement funds have individual and institutional classes, but not admiral.
by Compound
Sat Jan 27, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: New member portfolio planning question
Replies: 5
Views: 238

Re: New member portfolio planning question

#2 is fairly straightforward. Since you plan to use the money in the relatively near term, park it in a CD. #1 is slightly less straightforward. Since you’re at the very beginning of your investment future, I’d suggest keeping it very, very simple. Go with a two fund portfolio. S&P 500 Fund in 401k ...
by Compound
Sat Jan 27, 2018 7:25 pm
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1529

Re: College student co-op, pre-med

No. The distribution will not be taxed. IRS Pub. 590 provides details: https://www.irs.gov/publications/p590b#en_US_2016_publink1000230896 Search the page for “higher education expenses.” The pertinent information is listed under “exemptions” to “early distributions.” Higher education expenses. Even...
by Compound
Sat Jan 27, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: New Member w/ Investment Advice Request
Replies: 2
Views: 226

Re: New Member w/ Investment Advice Request

Have you considered what asset allocation you desire?

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

Have you made an investment policy statement?

https://www.bogleheads.org/wiki/Investm ... _statement

I’d highly recommend thinking about both before proceeding forward.
by Compound
Sat Jan 27, 2018 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1529

Re: College student co-op, pre-med

While a CD isn’t a bad choice (savings, irrespective of the vehicle you choose, is a great habit to get into), don’t be too quick to discount the Roth contribution idea. At least in the short term, you could invest in highly stable funds, such as a money market, that will earn a similar amount of mo...
by Compound
Sat Jan 27, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1529

Re: College student co-op, pre-med

Start the Roth. If it becomes necessary at some point, you can withdrawal your contribution tax free.
by Compound
Sat Jan 27, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Investment options after maxing 401K and Roth?
Replies: 11
Views: 799

Re: Investment options after maxing 401K and Roth?

You could also consider paying down debt, if there is any.

Regarding your question about using an S&P fund for taxable, sure that’s a reasonable choice.

Have you read this?

https://www.bogleheads.org/wiki/Tax-eff ... _placement
by Compound
Sat Jan 27, 2018 9:26 am
Forum: Investing - Theory, News & General
Topic: [Early Retirement Now: How much of a Random Walk is the Stock Market?]
Replies: 5
Views: 968

Re: [Early Retirement Now: How much of a Random Walk is the Stock Market?]

Thanks for sharing the link.

The teaser at the end of this post, promises a forthcoming article that may support market timing; that article should be provocative for us Bogleheads.
by Compound
Fri Jan 26, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) as a Savings Account
Replies: 9
Views: 612

Re: 457(b) as a Savings Account

Agree with the consensus, that it probably isn't the best idea. Assuming you maxed it out for 3-5 years and had say $75k or however much in there, it's going to give off quite a tax hit to take it all out at once. Also assuming there you wouldn't suddenly go to a very low tax bracket upon the move....
by Compound
Fri Jan 26, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Taxable account investing for high income tax bracket investors
Replies: 18
Views: 1195

Re: Taxable account investing for high income tax bracket investors

Considering you seem to favor simplicity over tax efficiency, your plan sounds reasonable to me. Note though that if you change your mind at a later date and desire a more strategic asset location strategy, there will be a tax penalty to unwind the taxable position you are proposing to take.
by Compound
Fri Jan 26, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: portfolio rebalance
Replies: 7
Views: 420

Re: portfolio rebalance

Compound: I mean stick to one fund not switch to a different fund. Let say 2055 is all i have and i want to stick with this fund. Can I re balance to 80 20. because as it stand today this fund is 90 10 between stock and bond. Target date funds follow a sliding asset allocation. That asset allocatio...
by Compound
Fri Jan 26, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: starter IRA for my son?
Replies: 19
Views: 1136

Re: starter IRA for my son?

Roth IRA + target retirement fund at Vanguard would be an excellent start.