Search found 389 matches

by k3vb0t
Tue May 26, 2020 7:19 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 344
Views: 24752

Re: The axe falls and I am prepared. What's next?

Hey Klang, as others have noted I have thoroughly enjoyed your posts over the years and hope they continue. On the consulting route, you might consider contract/consulting training engagements. It depends on your area of technical expertise, but it is not uncommon for corporate clients to book anywh...
by k3vb0t
Thu May 14, 2020 4:56 pm
Forum: Personal Investments
Topic: FIRE 32 Y/O New Investor Portfolio Review
Replies: 58
Views: 6644

Re: FIRE 32 Y/O New Investor Portfolio Review

I see a lot of detail in this thread... one of my first posts on BH I was told I was way too detailed. I like to think through every scenario, optimize every situation I can. Whoever told me I was being too focused on minutia that didn't matter ended up being correct. There's nothing wrong with opti...
by k3vb0t
Thu Mar 12, 2020 2:21 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41782

Re: The Calm Post - Stay the course thread.

I am not an experienced or confident investor. I posted a couple of years ago trying to do better with a mishmash of accounts, and spent a long time reading and learning and slowly moving things to an organized, sensible place I felt was logical for the long-term -- about 75/25, with about 20% of t...
by k3vb0t
Thu Mar 12, 2020 12:14 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41782

Re: The Calm Post - Stay the course thread.

It is an odd feeling thinking that threads like these (and the other, less calm ones) will be pointed to in the future, much like the 2008-2009 posts when some people lost their investing nerve. Only difference is in 2008-2009 I was just starting my career and put what little I could into my Roth IR...
by k3vb0t
Fri Feb 28, 2020 12:08 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 3949
Views: 296766

Re: Corona-panic and the market

Stay the course but buy a mask. The course won't matter if youre dead Multiple experts in health/spreading of disease have said masks don't really protect you as much as they prevent you from spreading your germs (if you are infected) with someone else. So buy a mask if you're sick, or better yet, ...
by k3vb0t
Fri Feb 28, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41782

Re: The Calm Post - Stay the course thread.

Be fearful when others are greedy, and greedy when others are fearful. Staying the course. Might be wrong, might be right, guess we'll find out. I'm anywhere from 15-30 years from retirement (would love to retire early), am happy with my allocation for that time period, and assume if this is the bla...
by k3vb0t
Thu Feb 13, 2020 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tactic to Induce Myself to Keep Working
Replies: 26
Views: 2881

Re: Tactic to Induce Myself to Keep Working

Thank you so much for all the thoughtful responses. My question was not artfully stated: I had intended to ask the relatively narrow question of whether what I am proposing -- to put surplus from continued work into a special fund rather than the general pot -- is kosher from a financial perspectiv...
by k3vb0t
Mon Feb 03, 2020 7:32 pm
Forum: Personal Investments
Topic: New year's resolution... Protect my family. In need of peer review.
Replies: 9
Views: 1330

Re: New year's resolution... Protect my family. In need of peer review.

Don’t get term from Northwestern Mutual unless it is the best price. You need to go to a place like AccuQuote (or many other similar companies) that will get you the best term rate. Term life is a must. You should get that process started tonight. A common rule of thumb is 10x of salary. Disability ...
by k3vb0t
Mon Feb 03, 2020 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help! Alliant is stealing my money via wrongful right of offset
Replies: 21
Views: 2776

Re: Help! Alliant is stealing my money via wrongful right of offset

CFPB + email executives here (may be outdated): https://www.elliott.org/company-contacts/alliant-credit-union/ Be clear, concise, and professional in your wording. Have had to use this on other organizations before; typically goes to an "Executive Customer Service" team who reaches out and resolves ...
by k3vb0t
Sun Feb 02, 2020 12:51 pm
Forum: Personal Investments
Topic: Want my ex to be ok for next 20 years
Replies: 22
Views: 3610

Re: Want my ex to be ok for next 20 years

You should find out what her SS would be at full retirement age and at 70.
by k3vb0t
Tue Jan 28, 2020 2:36 pm
Forum: Personal Investments
Topic: How to account for inflation?
Replies: 9
Views: 699

Re: How to account for inflation?

yeah back of the napkin works for now, just forgot to subtract inflation from the rate of return in order to get the rough number, until the post above jogged my memory. I agree with you that 20 years is a long time, just trying to understand how "set" i am or how well i am doing to plan. I did not...
by k3vb0t
Mon Jan 27, 2020 7:43 pm
Forum: Personal Investments
Topic: How to account for inflation?
Replies: 9
Views: 699

Re: How to account for inflation?

I have 250K saved in my retirement accounts (401k, RothIRA). If I contribute an additional 36k annually, expect 7% return for a period of 20 years the estimated total is 2.5 million dollars. Which is my target number estimate 4% withdrawal i get 100k a year. Does that mean 100k in 2020 dollars or 2...
by k3vb0t
Sun Jan 26, 2020 9:08 am
Forum: Personal Investments
Topic: Puzzled by Ally 14-month CD interest payout
Replies: 5
Views: 1193

Re: Puzzled by Ally 14-month CD interest payout

You’ve been paid the interest through keeping it in the CD to compound, you just haven’t withdrawn it. Theoretically you could break the CD and (after early termination fees) withdraw said interest. That’s the difference — paid means you’ve earned it, not necessarily you have it freely out of the CD...
by k3vb0t
Tue Jan 21, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Car Accident - What Are My Next Steps?
Replies: 18
Views: 995

Re: Car Accident - What Are My Next Steps?

The network or recommended body shop will accept the insurer’s labor rate and parts usage. I had a previous career in insurance working with body shops. We had several ‘high end’ body shops that did the same or lower quality work than everyone else. The only problem was that when we paid $46/hr for...
by k3vb0t
Tue Jan 21, 2020 11:01 am
Forum: Personal Consumer Issues
Topic: Car Accident - What Are My Next Steps?
Replies: 18
Views: 995

Re: Car Accident - What Are My Next Steps?

You can go to any body shop you want. From my experience, the body shops that the insurance company "approves" usually are lower quality. Ive used them before and wasnt really thrilled...but my car has been hit so many times it no longer matters. 1)I've been generally happy with the shops USAA reco...
by k3vb0t
Tue Jan 21, 2020 10:29 am
Forum: Personal Consumer Issues
Topic: Car Accident - What Are My Next Steps?
Replies: 18
Views: 995

Car Accident - What Are My Next Steps?

While being careful not to divulge too much information, I wanted to get some advice on car accidents and bogleheads with the first place I thought of. Situation: rush hour interstate traffic, traffic comes to a stop, someone well behind me loses control, hits another vehicle, spins around, and hits...
by k3vb0t
Sun Dec 01, 2019 8:27 pm
Forum: Personal Investments
Topic: Whats the Best Investment in for My Needs?
Replies: 50
Views: 3488

Re: Whats the Best Investment in for My Needs?

I’m sorry if this is harsh but none of the allocation talk matters because of your small income. $80,000 with $433 per month adding for 20 years earning 3% (which you would be lucky to get after inflation) turns into $284,000... not enough. I understand you won’t go into details of why you’re earnin...
by k3vb0t
Thu Oct 31, 2019 7:02 am
Forum: Personal Investments
Topic: Afraid to take the leap
Replies: 55
Views: 7686

Re: Afraid to take the leap

You’re being illogical, willing to admit it, but still unable to commit. You can DCA but what will you do when the market drops? Also, your fancy chart shows a 34% chance of recession in a year. So tell me what happens between then and now, and another way to read that is a 66% of *not* a recession....
by k3vb0t
Mon Oct 21, 2019 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Separate insurance plans for husband and wife
Replies: 6
Views: 603

Re: Separate insurance plans for husband and wife

Need to consider hitting a family deductible vs. hitting deductibles on two separate policies.
by k3vb0t
Thu Oct 17, 2019 4:29 pm
Forum: Personal Investments
Topic: Getting up in age, too stock heavy
Replies: 33
Views: 4448

Re: Getting up in age, too stock heavy

How I see it with the information you added above: -you need to know what her annual income needs are now/in the future assuming she lost the job -once you have that, you can sort out what kind of withdrawal percentage/AA combo would provide for that level of income For example with fabricated numbe...
by k3vb0t
Thu Oct 17, 2019 11:40 am
Forum: Personal Investments
Topic: Getting up in age, too stock heavy
Replies: 33
Views: 4448

Re: Getting up in age, too stock heavy

I did a portfolio watch report for her and she is stock heavy. She should be: 40% stock 60% bonds She is currently: 63.7% stock 35.5% bond .8 % cash She should be 40/60 in your opinion or hers? Or Vanguard's online tool that doesn't take every possible factor into consideration? She's currently 64/...
by k3vb0t
Wed Oct 09, 2019 7:22 am
Forum: Personal Investments
Topic: Teacher received an inheritance, seeking advice
Replies: 28
Views: 3508

Re: Teacher received an inheritance, seeking advice

Going forward as many of you suggested, I plan to do the following: Pay off our auto loan and student loans. Fully fund both Roth IRAs for 2019 and 2020 Open Oregon Growth Saving Plan (457b) and fund it using income saved from student loan/auto Possibly fund $20K for 529 to take advantage of tax fr...
by k3vb0t
Mon Oct 07, 2019 6:57 pm
Forum: Personal Investments
Topic: New investor... Am I crazy?
Replies: 42
Views: 4353

Re: New investor... Am I crazy?

Also check out the wiki about an IPS, 3 fund portfolio, etc. Determine what, if any, international exposure you want.

The common funds and their ETF equivalents:
VTSAX/VTI - Total stock market
VTIAX/VXUS - Total international stock market
VBTLX/BND - Total Bond market
by k3vb0t
Mon Oct 07, 2019 3:00 pm
Forum: Personal Investments
Topic: New investor... Am I crazy?
Replies: 42
Views: 4353

Re: New investor... Am I crazy?

... but I also feel like I am young enough and not really needing to quit work at this time, so maybe I should try to invest in something potentially a little bit more risky but with higher upside... The easiest way to increase your risk / return profile is to increase your equity allocation in you...
by k3vb0t
Sun Oct 06, 2019 7:18 pm
Forum: Personal Investments
Topic: Reality check
Replies: 21
Views: 3079

Re: Reality check

Thanks for taking the time to respond. At this point I see 3 responses to my post. All of these basically say to use low cost index funds. A couple refer to the risks of investing heavily in small cap stocks and possible downturns. And of course, the question of why anyone would spend money on an a...
by k3vb0t
Mon Sep 30, 2019 6:56 am
Forum: Personal Investments
Topic: Bonds as a large part of the portfolio
Replies: 16
Views: 1268

Re: Bonds as a large part of the portfolio

I found this article interesting: https://portfoliocharts.com/2019/05/27/high-profits-at-low-rates-the-benefits-of-bond-convexity/ I’d say if you are worried about the safety of Treasuries then 1. Why would you reach for yield with junk bonds and 2. If you think society is going to collapse and make...
by k3vb0t
Sun Sep 29, 2019 10:46 am
Forum: Investing - Theory, News & General
Topic: How much cash do you keep in your HSA?
Replies: 63
Views: 5260

Re: How much cash do you keep in your HSA?

I keep the minimum of $2k and have to go in and manually invest it every pay period. Rest is invested in a conservative portfolio (50% Total Bond, 25% TIPS fund, and 25% Total Stock). I’d like to get the balance up to a point where a 50% haircut would still cover my annual out of pocket max. Once I ...
by k3vb0t
Sat Sep 28, 2019 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3532

Re: Convince me not to raid my Roth to buy first condo

Will you raid the Roth again when you get hit with a big assessment from the condo association? Or if your appliances need replacing?
by k3vb0t
Fri Sep 27, 2019 10:05 am
Forum: Personal Consumer Issues
Topic: PSA: Credit Card Companies Are Changing Benefits (Extended Warranty, Trip Insurance, Rental Car Coverage, Etc.)
Replies: 22
Views: 3187

Re: PSA: Credit Card Companies Are Changing Benefits (Extended Warranty, Trip Insurance, Rental Car Coverage, Etc.)

I think the best warranty extension is the Costco Visa, which extends by 2 years but that only works if you want to be a member. The Costco card, unlike other Citi cards is keeping the car rental coverage, plus it's got a 3% rebate on rental cars and so is the one I would use, anyway. Warranty exte...
by k3vb0t
Fri Sep 27, 2019 7:24 am
Forum: Personal Consumer Issues
Topic: PSA: Credit Card Companies Are Changing Benefits (Extended Warranty, Trip Insurance, Rental Car Coverage, Etc.)
Replies: 22
Views: 3187

PSA: Credit Card Companies Are Changing Benefits (Extended Warranty, Trip Insurance, Rental Car Coverage, Etc.)

I did a search and didn't see this being discussed, so thought I'd share. It looks like the credit card companies are doing widespread changes to card benefits. Cards that have long had warranty extension, trip insurance/cancellation, and rental car insurance are either having those benefits reduced...
by k3vb0t
Sun Sep 22, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement - not worry about withdrawal rate, but focus on portfolio size?
Replies: 69
Views: 6624

Re: Early retirement - not worry about withdrawal rate, but focus on portfolio size?

I wouldn’t go off of a bare bones budget without major expenses baked in. Good thing that the OP isn't doing that. He literally said he was having trouble defining essential expenses and mentioned having to replace a roof would greatly increase whatever that number is. All I’m saying is I would tig...
by k3vb0t
Sun Sep 22, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement - not worry about withdrawal rate, but focus on portfolio size?
Replies: 69
Views: 6624

Re: Early retirement - not worry about withdrawal rate, but focus on portfolio size?

I wouldn’t go off of a bare bones budget without major expenses baked in. Come on, you can estimate the cost of a new roof and annualize it over 15-25 years (obviously shorter being more conservative financially). I’d ask a lot of “what if” questions if I were in your shoes. What if... ...one or bot...
by k3vb0t
Sun Sep 22, 2019 7:41 am
Forum: Personal Investments
Topic: Coming to the realization that Traditional is probably wiser
Replies: 42
Views: 7099

Re: Coming to the realization that Traditional is probably wiser

It’s hard to beat the rate of return on paying down that debt. I’d make a choice on the traditional vs Roth, contribute enough to get any match available, and throw the rest at the debt. Once the debt is paid I would take the monthly payments I had been throwing at it and build an actual emergency f...
by k3vb0t
Fri Sep 20, 2019 7:29 pm
Forum: Personal Investments
Topic: Time for a portfolio check-up (55M, $1.5M)
Replies: 10
Views: 2522

Re: Time for a portfolio check-up (55M, $1.5M)

bradinsky wrote:
Fri Sep 20, 2019 7:25 pm
Out of curiosity, what is a CCRC?
Continuing Care Retirement Community
by k3vb0t
Thu Sep 19, 2019 8:21 am
Forum: Personal Investments
Topic: Where should we cut back saving/investing?
Replies: 58
Views: 6727

Re: Where should we cut back saving/investing?

We're currently saving about 35% of our gross income. We are not spending excessively and we track every expense. You're doing great. Sometimes BH acts like you should save 75% of your income and sit at home in the dark to save a few pennies on your electric bill. I'd personally cut back on 529 bef...
by k3vb0t
Wed Sep 18, 2019 6:23 am
Forum: Personal Investments
Topic: Where should we cut back saving/investing?
Replies: 58
Views: 6727

Re: Where should we cut back saving/investing?

Congrats on the new addition. You all are doing great. I feel you with the not making as much as everyone seems to make on BH. To that I say, you do you. And you’re doing great. You’ve got a new kiddo and two working parents. Those telling you to start a side gig either don’t know or have forgotten ...
by k3vb0t
Mon Sep 16, 2019 7:51 pm
Forum: Investing - Theory, News & General
Topic: Firstrade is hacked by HackerOne
Replies: 8
Views: 2155

Re: Firstrade is hacked by HackerOne

Actually the fact that they participate with HackerOne should make you feel better. HackerOne has strict guidelines for their hackers who (if I remember correctly) only get compensated with a “bug bounty” if they successfully identify an issue with the website/infrastructure. The hackers try to brea...
by k3vb0t
Mon Sep 16, 2019 7:36 pm
Forum: Personal Investments
Topic: Late starter - Need help
Replies: 27
Views: 3657

Re: Late starter - Need help

First, welcome to the forum. Second, s-l-o-w d-o-w-n. You’ve stepped into a new world full of choices. Since you’re at the beginning of your journey you should learn before you leap. Lots of learning first before you start slicing and dicing your portfolio. The best option right now is the Target Da...
by k3vb0t
Thu Aug 01, 2019 4:55 pm
Forum: Personal Investments
Topic: Vanguard Frustrations - No Free Trades/Matching Offers
Replies: 75
Views: 4338

Re: Vanguard Frustrations - No Free Trades/Matching Offers

You misunderstand Vanguard’s mentality, structure, and mission. You transfer an account without doing any research (and no transfer offer like other brokerages). You have multiple small investments due to prior investing mistakes. You expect something for free at a company with a low-cost, owned by ...
by k3vb0t
Sun Jul 28, 2019 6:54 am
Forum: Personal Investments
Topic: Bootstrapping a company with retirement money
Replies: 85
Views: 4533

Re: Bootstrapping a company with retirement money

I would go talk to VCs and angel investors to validate my confidence in my idea before sinking my meager retirement savings on a moonshot gamble I would make it big. It’s not the idea, it’s the execution. Lots of people have great ideas but can’t execute. A vast number of businesses go under within...
by k3vb0t
Fri Jul 26, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: I Pay a city tax but I no longer work and live in the city
Replies: 14
Views: 2724

Re: I Pay a city tax but I no longer work and live in the city

The tax is likely tied to your worksite location. Your employer doesn’t have a branch of the company in your home office. You are tied to the one in the city. So you pay the tax. Or you could call your city to see who exactly the tax is leveraged against — my guess is the above, but hey taxes are we...
by k3vb0t
Fri Jul 26, 2019 10:33 pm
Forum: Personal Investments
Topic: Bootstrapping a company with retirement money
Replies: 85
Views: 4533

Re: Bootstrapping a company with retirement money

I would go talk to VCs and angel investors to validate my confidence in my idea before sinking my meager retirement savings on a moonshot gamble I would make it big. It’s not the idea, it’s the execution. Lots of people have great ideas but can’t execute. A vast number of businesses go under within ...
by k3vb0t
Thu Jul 25, 2019 6:23 am
Forum: Personal Finance (Not Investing)
Topic: Feel like we are spinning our wheels (financially speaking). How far behind are we?!
Replies: 63
Views: 7083

Re: Feel like we are spinning our wheels (financially speaking). How far behind are we?!

hey all. a lot of the rush/"need" to buy a home is definitely ingrained in me by family. in fact, my brother from out of town was remaking about how if i had just bought a house 4-5 years ago instead of paying rent then i'd "have something to show for it" instead of "paying someone else's mortgage"...
by k3vb0t
Wed Jul 10, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: How to calculate % of my International Fund relative to the rest?
Replies: 14
Views: 1154

Re: How to calculate % of my International Fund relative to the rest?

So do a lot of people have Say 10-20% of TOTAL portfolio in international OR JUST WITHON THE STOCK HOLDOGS? Obviously as a % of total portfolio you’d need to invest a greater $ figure into international That really depends on the investor. Vanguard is recommending ~40% of your stock allocation by i...
by k3vb0t
Wed Jul 10, 2019 6:37 am
Forum: Personal Consumer Issues
Topic: Survived the First Week [of retirement, what's next?]
Replies: 70
Views: 10132

Re: Survived the First Week [of retirement, what's next?]

I’m 30 years behind you but the psychological impact of retirement transitions fascinate me. It sounds like you aren’t in the best health (pain meds, two knee replacements) and your wife doesn’t want you to go back to work. Just based on what you’ve stated you clearly get a lot of satisfaction about...
by k3vb0t
Tue Jul 09, 2019 6:38 pm
Forum: Personal Investments
Topic: Help - Talk to me like I'm 4 y/o please
Replies: 97
Views: 11247

Re: Help - Talk to me like I'm 4 y/o please

The first and most important question you ask your advisor is “do you have a fiduciary duty to me?” No offense, but I don't see the utility of this. Vanguard doesn't have a fiduciary duty. So what? The vast majority of financial advisors (good or bad) don't have a fiduciary duty. Does having a fidu...
by k3vb0t
Tue Jul 09, 2019 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Searching for one-time financial adviser...
Replies: 6
Views: 1030

Re: Searching for one-time financial adviser...

You can find a fee-only at NAPFA.org
by k3vb0t
Tue Jul 09, 2019 12:05 am
Forum: Personal Investments
Topic: Help - Talk to me like I'm 4 y/o please
Replies: 97
Views: 11247

Re: Help - Talk to me like I'm 4 y/o please

I must tell you. I love you and I hate you at the same time. You laid out perfectly what I didn't want to see - but needed to. I need an emoji vomiting. Thank you. For the record, I tell my personal trainer I hate him all the time too - it's a term of endearment I assure you! :D ... Question re: th...
by k3vb0t
Mon Jul 08, 2019 7:16 pm
Forum: Personal Investments
Topic: Help - Talk to me like I'm 4 y/o please
Replies: 97
Views: 11247

Re: Help - Talk to me like I'm 4 y/o please

The first and most important question you ask your advisor is “do you have a fiduciary duty to me?” If the answer is anything but a yes with an explanation... you know advisor is, and will continue to be, not aligned with your interests. You’re getting double whammied here — 1% plus high expense rat...
by k3vb0t
Mon Jul 08, 2019 6:40 am
Forum: Personal Investments
Topic: My asset allocation for an agressive 29 yo - any thoughts?
Replies: 19
Views: 2012

Re: My asset allocation for an agressive 29 yo - any thoughts?

KageC, it might be beneficial for you to explain your own reasoning on why your selected those funds/ETFs/Asset Allocation before requesting advice. Is there a reason you've avoided a 3 fund portfolio? Also agree with others that when you've got less than 10% in anything it is highly unlikely to add...