Search found 240 matches

by k3vb0t
Wed Apr 17, 2019 8:05 am
Forum: Personal Investments
Topic: Why buy a CD with a brokerage firm?
Replies: 17
Views: 1167

Re: Why buy a CD with a brokerage firm?

Sometimes better deals can be found through a brokerage than what you can find locally/available nationally from a bank.

Sometimes you want to have fixed income in a traditional or Roth IRA in one account rather than having to transfer funds to some other bank and open a new IRA account there.
by k3vb0t
Tue Apr 16, 2019 8:57 pm
Forum: Personal Investments
Topic: Help me understand buying individual bonds/notes/etc. w/Vanguard
Replies: 5
Views: 417

Re: Help me understand buying individual bonds/notes/etc. w/Vanguard

There are a few days of accumulated coupon you have to pay back. Isn't the call date basically now ? The 4.032% is the annualized yield derived from buying at 99.774 and giving it away at 100 in a couple of weeks. Correct. That and inflation. Yes. Maybe 3.8% assured over the next 10 years would be ...
by k3vb0t
Tue Apr 16, 2019 8:37 pm
Forum: Personal Investments
Topic: Help me understand buying individual bonds/notes/etc. w/Vanguard
Replies: 5
Views: 417

Help me understand buying individual bonds/notes/etc. w/Vanguard

I'm looking for help in understanding the investing in individual CDs/bonds/notes part of Vanguard. I've got a 3 fund portfolio (well, my 401k is VFORX), not deviating from that. This knowledge quest is to satisfy my own curiosity, but I think it could prove useful if in the future I am looking for ...
by k3vb0t
Tue Apr 16, 2019 7:06 pm
Forum: Personal Investments
Topic: Anyone here have experience with Zacks or Personal Capital managing their investments
Replies: 20
Views: 1371

Re: Anyone here have experience with Zacks or Personal Capital managing their investments

No experience letting anyone else manage my investments. I can understand being gun shy with managing it yourself after a bad experience. I’d recommend reading the wiki here at BH to come up with a simple plan you can manage. To check how long a portfolio would last I’d recommend firecalc.com. All y...
by k3vb0t
Mon Apr 15, 2019 12:11 pm
Forum: Personal Investments
Topic: Too much cash?
Replies: 9
Views: 1342

Re: Too much cash?

If you're worried about tax brackets you could also consider a bond fund that gives you a tax break like a muni fund or something like that; depends on your state and what you really need out of it.
by k3vb0t
Fri Apr 12, 2019 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Savings or Ally 12mo CD
Replies: 6
Views: 982

Re: Ally Savings or Ally 12mo CD

No one knows where interest rates are headed. Currently, 12-18 month CDs are the sweet spot in terms of rate. At the end of the day, it depends on how much money we're talking about as to whether or not it really makes a difference. Differences between 2.2% and 2.75% over 12 months: $50k turns into ...
by k3vb0t
Fri Apr 05, 2019 6:46 am
Forum: Personal Investments
Topic: Unexpected windfall
Replies: 14
Views: 2369

Re: Unexpected windfall

( 1. Put the money in a Target Fund and pull it out when I'm ready to retire. I ran a Monte Carlo on Portfolio Visualizer and it's a compelling option. 2. I live in a rapidly growing area. I could use the money to buy several condos, with little leverage and use the rent as additional income. My co...
by k3vb0t
Wed Apr 03, 2019 7:22 pm
Forum: Personal Investments
Topic: A CD matured. Now what?
Replies: 13
Views: 2228

Re: A CD matured. Now what?

Prime MM is paying 2.46%. A good option while you figure out your next step or wait for a juicier CD deal.
by k3vb0t
Sun Mar 31, 2019 10:21 am
Forum: Personal Investments
Topic: Advice for paying $3K special assessment - up front vs. over 15 yr at 4%APR (and invest $ instead)
Replies: 15
Views: 842

Re: Advice for paying $3K special assessment - up front vs. over 15 yr at 4%APR (and invest $ instead)

Let’s say you could invest the $2700 and get 8% per year over 15 years. You’d end up with $4,862. Minus your $2700 initial investment and $1000 in interest paid on the payment plan you’d net before taxes $1,162. That’s $77/yr or $6.45 per month in gains you’re giving up. Is it worth the hassle of p...
by k3vb0t
Sat Mar 30, 2019 12:55 pm
Forum: Personal Investments
Topic: Advice for paying $3K special assessment - up front vs. over 15 yr at 4%APR (and invest $ instead)
Replies: 15
Views: 842

Re: Advice for paying $3K special assessment - up front vs. over 15 yr at 4%APR (and invest $ instead)

Let’s say you could invest the $2700 and get 8% per year over 15 years. You’d end up with $4,862. Minus your $2700 initial investment and $1000 in interest paid on the payment plan you’d net before taxes $1,162. That’s $77/yr or $6.45 per month in gains you’re giving up. Is it worth the hassle of pa...
by k3vb0t
Sat Mar 30, 2019 10:38 am
Forum: Personal Investments
Topic: CDs with good early withdrawal penalties - Ally is underperforming
Replies: 12
Views: 1277

Re: CDs with good early withdrawal penalties - Ally is underperforming

There are only so many options here: -find a rate you like for a 3 year CD -find a CD with an early withdrawal penalty you will accept -find both together -take a shorter or longer duration to get the rate and EWP you want -find alternative investments to meet the same goal I understand you're build...
by k3vb0t
Fri Mar 29, 2019 11:01 pm
Forum: Personal Investments
Topic: CDs with good early withdrawal penalties - Ally is underperforming
Replies: 12
Views: 1277

Re: CDs with good early withdrawal penalties - Ally is underperforming

To be honest I would just go for the Ally 1 year 2.75% CD. Interesting that CDs are now becoming inverted. I'm building a ladder. I already have 1 yr. Add to the ladder in a year. If you buy into the 20 basis points for every year of extra duration, you would look at 2.75% 1 year, 2.95% 2 year, and...
by k3vb0t
Sat Mar 02, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Would you invest in add-on CD's at these rates?
Replies: 1
Views: 301

Re: Would you invest in add-on CD's at these rates?

A general rule of thumb is for every extra year of locking up your money you want 0.20% added to the return. The 2 year rate looks about average compared to other options on depositaccounts.com, but the rates after that don't give you enough extra return for the added loss of liquidity. I'd jump on ...
by k3vb0t
Fri Feb 08, 2019 11:44 pm
Forum: Personal Consumer Issues
Topic: Credit ID hacked, got $4900 T-Mobile bill
Replies: 36
Views: 4605

Re: Credit ID hacked, got $4900 T-Mobile bill

Folks, This isn't ending. I just got a letter from Convergent a collection agency. The letter states this has gone to collection, it's a $4000 bill. I just called T-Mobile again. This time the rep said I need to go to a T-Mobile store with a police report to file a fraud report and until I do so, t...
by k3vb0t
Fri Feb 08, 2019 11:55 am
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 10789

Re: Money saving move you regret the most?

I said something about this in another posting and it's on my mind. Again, there's no rule; I don't regret this in a "should-have-known" sense, but I really wish we had replaced our lousy stinking GE dishwasher when it crapped out on us the second time. Instead of buying a new dishwasher for $1,000...
by k3vb0t
Thu Feb 07, 2019 12:20 pm
Forum: Personal Investments
Topic: Move two shares of stock from taxable acct to Roth IRA?
Replies: 6
Views: 478

Re: Move two shares of stock from taxable acct to Roth IRA?

If you’re worried about $10 then you’re worried about the wrong things. Go save more or earn more money. Additionally. You’re worried about paying $10 to get $100 out of your account. Were you worried paying the $10 transaction fee when you initially invested? If this $100 or $90 or whatever helps y...
by k3vb0t
Mon Feb 04, 2019 3:00 pm
Forum: Personal Investments
Topic: What would your retirement strategy be in my case? (UPDATED info)
Replies: 14
Views: 1418

Re: What would your retirement strategy be in my case? (UPDATED info)

Scores are currently about 700. 2018 was a great year for us. We had been behind on everything (including mortgage) and since nobody will re-fi unless you're 12 months on time, it has been out of the question. In 2018, we developed a budget, caught up on all bills, saved $30k in emergency fund, bro...
by k3vb0t
Sun Feb 03, 2019 9:22 pm
Forum: Personal Investments
Topic: What would your retirement strategy be in my case? (UPDATED info)
Replies: 14
Views: 1418

Re: What would your retirement strategy be in my case? (UPDATED info)

Have you taken a 1-2 week vacation and rented an airstream to try out the lifestyle? Would be a shame to aim in that direction and then decide you actually hate it. Your mortgage rate is insanely high. Are your credit scores poor? Why haven't you refinanced? If you refinanced into a 15 year @ 3.75% ...
by k3vb0t
Wed Jan 30, 2019 6:46 pm
Forum: Personal Consumer Issues
Topic: When selling just isn't worth it
Replies: 24
Views: 2552

Re: When selling just isn't worth it

How long until the debt is paid off? How much interest will you pay in that time period? I can’t imagine it is much at $5k. Seems a waste to take a low/easy offer if you won’t really pay that much in interest by paying it off early. If you aren’t using the equipment I would sell local assuming you c...
by k3vb0t
Wed Jan 30, 2019 7:34 am
Forum: Personal Investments
Topic: Feedback on current situation
Replies: 9
Views: 704

Re: Feedback on current situation

1. Sounds like you've got your head on straight - keep up this mentality and you'll be able to retire early. 2. A cautionary tale about buying a house young - I bought a house very young - 23 years old, had some money saved up, was crushing it in my early commission-based career, my wife's employmen...
by k3vb0t
Tue Jan 29, 2019 7:47 pm
Forum: Investing - Theory, News & General
Topic: Opportunity Cost of [Holding] an Emergency Fund [in Cash/Bonds]
Replies: 60
Views: 3888

Re: Opportunity Cost of an Emergency Fund

And once these risks are fully mitigated, extra cash doesn't help you at all, and just weighs down your long-term investment returns. This I agree with for sure unless the cash has a specific purpose in the short-term (say, 1-3 years). I'd be curious if anyone who thinks your EF should be kept in s...
by k3vb0t
Tue Jan 29, 2019 7:31 pm
Forum: Personal Consumer Issues
Topic: No Heat! (Live in Michigan)
Replies: 47
Views: 4805

Re: No Heat! (Live in Michigan)

If you do hotel it up (wise choice) make sure to leave your faucets dripping. (Or as others have mentioned, shut off your water and drain every pipe.) If you stay at home (very unwise) make sure to be aware of any carbon monoxide risks of your backup heating options as well as avoiding leaving thing...
by k3vb0t
Tue Jan 29, 2019 7:27 pm
Forum: Investing - Theory, News & General
Topic: Opportunity Cost of [Holding] an Emergency Fund [in Cash/Bonds]
Replies: 60
Views: 3888

Re: Opportunity Cost of an Emergency Fund

Low returns on emergency funds seems like a small price to pay for avoiding losing my home, my kids going hungry, etc. in a worst case scenario. Putting it into stocks, on paper, makes sense. Higher return, low percentage chance of needing to cash it all out, and so on. That is... until you do need ...
by k3vb0t
Tue Jan 29, 2019 7:36 am
Forum: Personal Investments
Topic: Currently at Personal Capital, need advice
Replies: 17
Views: 1501

Re: Currently at Personal Capital, need advice

I'd call Vanguard PAS (0.3% AUM) to get advice on how to unwind your positions and move to Vanguard in a simplified portfolio. Then you can drop the PAS service and fee once it has settled down. At the very least you're saving 0.49% on your current fee.
by k3vb0t
Mon Jan 28, 2019 7:26 am
Forum: Investing - Theory, News & General
Topic: What did you learn from 2018 in the markets?
Replies: 114
Views: 7922

Re: What did you learn from 2018 in the markets?

I learned: having a plan and sticking to it are the most important aspects of investing In the accumulation phases, especially early (current portfolio ~$265k), savings rate matters more than a perfect AA giving yourself a small amount of wiggle room to combat your instincts to not just "don't just ...
by k3vb0t
Mon Jan 28, 2019 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate as Passive Income
Replies: 45
Views: 2911

Re: Real Estate as Passive Income

Thanks! That's the consensus. It just seems that in passive investing, delayed gratification is the way to go. In real estate, it has to be throwing out cash from the start. I have always struggled with the difference. Again not a LL myself, but I think that's because my index funds don't need pote...
by k3vb0t
Sun Jan 27, 2019 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate as Passive Income
Replies: 45
Views: 2911

Re: Real Estate as Passive Income

Look at it another way. If someone offered you the opportunity to invest $200k in a -1k per month rental property in a different city/state from where you were at, would you take it? The reason I think you get a lot of negative responses on BH for rental property is it is highly focused risk. A sing...
by k3vb0t
Sun Jan 27, 2019 1:27 pm
Forum: Personal Investments
Topic: Risk free or very low risk at 4%
Replies: 43
Views: 4460

Re: Risk free or very low risk at 4%

If you have a mortgage you could earn a risk free return of your interest rate. But liquiditity is a problem without a HELOC.
by k3vb0t
Sun Jan 27, 2019 7:57 am
Forum: Investing - Theory, News & General
Topic: Unconventional investment choices
Replies: 86
Views: 6957

Re: Unconventional investment choices

My BIGGEST is probably the biggest shift AGAINST the grain of asset allocation (boglehead or not). I believe in setting one's asset allocation based on x amount in principle stable assets that cover 1-2 years of expenses then the rest in stocks. The end result is what determines my stock/ bond %. I...
by k3vb0t
Sat Jan 26, 2019 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 162
Views: 22035

Re: Millionaire by 40 and How you Did it?

Thanks alot. So living below your means is a good thing right? Just means you are being more frugal and living in a cheaper area? Do you also know what "HCOLA" means too? LBYM is the only way to have enough money left over after expenses to save/invest for retirement. https://www.bogleheads.org/wik...
by k3vb0t
Sat Jan 26, 2019 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 162
Views: 22035

Re: Millionaire by 40 and How you Did it?

randydimera wrote:
Sat Jan 26, 2019 10:12 pm
What does LBYM mean?
Live Below Your Means
by k3vb0t
Sat Jan 26, 2019 7:42 am
Forum: Investing - Theory, News & General
Topic: What do you think about swing trading?
Replies: 97
Views: 3738

Re: What do you think about swing trading?

Here’s my concern fingoals. You seem bought in to swing trading. It seems like you’re trying to manufacture a way to bring the exception to every tried and true financial rule out there. You’re ignoring logic - if someone knew a way to make so much money doing any kind of trading, why would they bot...
by k3vb0t
Fri Jan 25, 2019 11:48 pm
Forum: Personal Investments
Topic: Looking for helpful opinions / advice on my situation
Replies: 51
Views: 3846

Re: Looking for helpful opinions / advice on my situation

Apologies for less than perfect wording. My employment is currently a bit more complicated than just one PT job, hence some imperfections in my description. To be more accurate, I currently have two part-time positions, each of which is 0.3 FTE and each of which is based on $80K yearly salary. For ...
by k3vb0t
Fri Jan 25, 2019 10:29 pm
Forum: Personal Investments
Topic: Looking for helpful opinions / advice on my situation
Replies: 51
Views: 3846

Re: Looking for helpful opinions / advice on my situation

I now have about $15K in checking account (but I owe about $10K to relatives and friends; so then about $5K, which serves as my general expenses and emergency fund 2-in-1). I also have 9.5K locked in a Teachers Retirement System (includes employer's match). Unfortunately, this represents only 2.5 y...
by k3vb0t
Fri Jan 25, 2019 7:55 am
Forum: Personal Investments
Topic: Private business investment opportunity
Replies: 19
Views: 838

Re: Private business investment opportunity

Additional thoughts: How much did this market research cost in time and dollars? Did they spend mid-six figures on research? Who did it? The two people? Are we talking 200-1000 pages of research or something less significant? Ask yourself why hasn't someone already started this business in this indu...
by k3vb0t
Fri Jan 25, 2019 7:41 am
Forum: Personal Investments
Topic: Private business investment opportunity
Replies: 19
Views: 838

Re: Private business investment opportunity

Fair warning: I have no experience in this. But, let me summarize how this sounds: I met someone online I think they have an interesting business idea Right now it is an idea and no product They want a large chunk of my hard earned money in exchange for a 15% stake to this productless idea I have no...
by k3vb0t
Thu Jan 24, 2019 9:14 pm
Forum: Personal Investments
Topic: Ally CDs - special rates?
Replies: 5
Views: 1090

Re: Ally CDs - special rates?

Available here: https://www.ally.com/learn/selectcd-14m/

You click open account and it lets you login to complete the process, fund from savings, etc.
by k3vb0t
Thu Jan 24, 2019 4:42 pm
Forum: Personal Investments
Topic: 2 Fund Roth IRA vs Target 2040
Replies: 12
Views: 1058

Re: 2 Fund Roth IRA vs Target 2040

Expense Ratios: VTSAX: 0.04% VBTLX: 0.05% VFORX: 0.15% Assuming you meant a 80/20 split instead of 80/15 you're looking at $21/yr in expenses with VTSAX/VBTLX vs $75/yr for VFORX. As noted by o2nz, you do get int'l equities and a tiny portion of int'l bonds currently with VFORX so it isn't a true ap...
by k3vb0t
Thu Jan 24, 2019 3:46 pm
Forum: Personal Investments
Topic: Transferred Edward Jones funds to Vanguard , should I exchange them for Vanguard funds ?
Replies: 33
Views: 2254

Re: Transferred Edward Jones funds to Vanguard , should I exchange them for Vanguard funds ?

Agree with alpine_boglehead, but will add this link so you can edit your post to make it easier to get meaningful help here: viewtopic.php?f=1&t=6212
by k3vb0t
Thu Jan 24, 2019 2:05 pm
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

If you wanted to err on the conservative side, you can just count on SS filling up the standard deduction and 10% brackets, which sounds likely to happen (but remember that no more than 85% of SS benefits are taxable income). At that point, since you're in the 12% bracket and expect to be at least ...
by k3vb0t
Thu Jan 24, 2019 12:20 pm
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

Is there a certain percentage of portfolio desired for traditional vs Roth? I currently sit 33%/66%. Is there value in doing some sort of split... some into traditional 401k (obviously, on that path this year + $6k contributed to traditional) and some into Roth? Should I err on the side of putting ...
by k3vb0t
Thu Jan 24, 2019 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Safe to consider early retirement at 42 vs benefit of sticking it out?
Replies: 75
Views: 6215

Re: Safe to consider early retirement at 42 vs benefit of sticking it out?

Retire, then start a blog about how you were able to retire at 42 to create an additional income stream. I'm sure there are people that would love to see how you were able to sock away $1.7M (everything you listed minus the inherited IRA, but perhaps part of the massive taxable is inheritance?) whil...
by k3vb0t
Thu Jan 24, 2019 7:42 am
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

With regard to the thread's title, it depends of course on your expected marginal tax rate in retirement. For us, I fully expect to reach the 22% bracket when Social Security Benefits kick in, maybe even prior to that. But we will have the opportunity to do some significant Roth conversions while c...
by k3vb0t
Wed Jan 23, 2019 10:58 am
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

KlangFool wrote:
Wed Jan 23, 2019 8:20 am
As for the rest of the questions, you may get a better response if you start a brand new topic.
Thanks, I'll give it 24 hours and then do that - didn't want to come across as spamming the forum. Thanks as always, really appreciate your insights.
by k3vb0t
Wed Jan 23, 2019 7:29 am
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

Bumping this to see if anyone else has any insights into: Solo 401k impact on work credits My ability to contribute to Solo 401k if maxing out Traditional 401k (I'm thinking employer-only contributions?) Links to any good calculators to help keep this all straight for a 2 member LLC that is viewed a...
by k3vb0t
Wed Jan 23, 2019 7:07 am
Forum: Personal Finance (Not Investing)
Topic: Regret taking a new job
Replies: 19
Views: 3651

Re: Regret taking a new job

This is just my opinion, but it sounds like an opportunity to learn a new skill and gain additional experience. I find it important to have a growth mindset and be open to new experiences. If you have no experience in something, try your best and have someone who knows what they're doing mentor you...
by k3vb0t
Tue Jan 22, 2019 2:25 pm
Forum: Personal Investments
Topic: Should I sell or hold this house?
Replies: 14
Views: 933

Re: Should I sell or hold this house?

Why is needing renovation or HVAC under keep it ? Or are you saying in order to sell it you might have to put some money into it for these things? You're not netting anything currently besides paying the mortgage note? And you don't live in the area? And it might need repairs/renovation soon? All of...
by k3vb0t
Tue Jan 22, 2019 11:40 am
Forum: Personal Investments
Topic: Ally bank 1-year 2.75% CD or Vanguard VMLUX?
Replies: 19
Views: 2909

Re: Ally bank 1-year 2.75% CD or Vanguard VMLUX?

We recently sold some rental properties and need to put 500k somewhere. We need it to be somewhat liquid in the next 1-3 years as we might buy a new home with it. My research shows Ally bank 1-year CD for 2.75% or Vanguard Limited-Term Tax-Exempt Fund . I am also open to trying peer-to-peer lending...
by k3vb0t
Tue Jan 22, 2019 8:46 am
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

No. You pay self-employment tax even if you contribute to the retirement account. Just making sure I'm following here. It's a 2 member (50/50 split, I'm managing member, she is member but is an active participant and not passive) LLC that federally is viewed as an LLC Partnership. I will be issuing...
by k3vb0t
Mon Jan 21, 2019 11:33 pm
Forum: Personal Investments
Topic: Portfolio Plan 2019: Pay 12% Now or Unknown Later
Replies: 24
Views: 2008

Re: Portfolio Plan 2019: Pay 12% Now or Unknown Later

k3vb0t, 1) You have business income. Does that mean you can fund individual 401K for you and your wife? https://www.bogleheads.org/wiki/Solo_401(k)_plan 2) How are you going to pay more taxes in the future? I do not think your tax-deferred account balance is big enough for this to be a problem. You...