Search found 137 matches

by evilityb
Sun Aug 27, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement anxiety- emotionally and financially
Replies: 55
Views: 6679

Re: Retirement anxiety- emotionally and financially

I'm bitter. I never anticipated being unable to control the time I stopped working. I still may want to work a few years but am frightened at my age of not being able to find decent work. Finding something I reasonably enjoy for a few more years when I can save some more and reduce some of the fina...
by evilityb
Tue Aug 22, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 96
Views: 7207

Re: School Redistricting - What should we do?

First, I want to say that I totally get where you're coming from. There is nothing more important than the well-being -- and future well-being -- of your family! Your kids deserve a solid education. Second, some things that have shaped my opinion below are: 1) I grew up in a "good" neighborhood and ...
by evilityb
Tue Aug 22, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card for expat
Replies: 27
Views: 2209

Re: Credit card for expat

Also, check around on Reddit for Expat or Netherland-specific subreddits. And, when you declare your US domicile, try to domicile in a state with low or no income tax, if you can.
by evilityb
Tue Aug 22, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Credit card for expat
Replies: 27
Views: 2209

Re: Credit card for expat

Whatever card you go with, it needs to have no international transaction fees. That's the big thing to look for. Call the bank ahead of time and let them know to expect foreign transactions so your card doesn't get frozen for suspected fraud. When traveling to transitioning/developing countries or a...
by evilityb
Sun Aug 20, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to invest in gold?
Replies: 18
Views: 1699

Re: Good time to invest in gold?

My dad invests religiously (more accurately, cult-like) in physical gold. I grew up being told that the sky is falling, the stock market is rigged, the end times are upon us so better hoard gold so we can go into hiding blah blah blah. Then I grew up and learned thing or two about investing. I hate ...
by evilityb
Wed Aug 16, 2017 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: How am I doing?
Replies: 5
Views: 798

Re: How am I doing?

Our opinions about whether or not you'll hit your target aren't particularly important -- what is important is the math. You can figure out your answer using a basic growth equation. You can do this easily in Excel. If you don't know how to do this, let me know and I dig up some good websites for yo...
by evilityb
Tue Aug 15, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 78
Views: 6624

Re: please help...am I overextended - first home

I'm responding to this because I was in your shoes a year ago. I bought a house knowing I would be overextended. In my case, I have been okay financially, but I have encountered some of the highest levels of stress of my life. If I could do it over, I would have waited a year. Here are a few things ...
by evilityb
Mon Aug 14, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 8291

Re: Investing Education and Mansplaining

bigred77 wrote:
Sun Jul 23, 2017 5:04 pm
Seeing mansplaining debated on Bogleheads is better than I could have ever hoped for :D
Seriously. :mrgreen: I opened this thread and knew I couldn't read it without a giant bowl of popcorn.
by evilityb
Mon Aug 07, 2017 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: How do you deal with financial anxiety?
Replies: 40
Views: 3087

Re: How do you deal with financial anxiety?

Dialectical Behavior Therapy (DBT). I recommend it for anyone struggling with anxiety.
by evilityb
Mon Aug 07, 2017 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much do kids cost in a high COLA?
Replies: 57
Views: 3922

Re: How much do kids cost in a high COLA?

Wow. That was a lot of responses! And really good ones! Thank you all for your input. I was checking in over the last few days, mulling through the ideas and experience you all brought to the thread. This was incredibly helpful; in fact, there are so many great responses that I couldn't even begin t...
by evilityb
Thu Aug 03, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much do kids cost in a high COLA?
Replies: 57
Views: 3922

How much do kids cost in a high COLA?

Hey fellow Bogleheads - So, the all-mighty Google tells me that a middle-income family spends about $13k per year on a kid, or $234k from birth to their 18th birthday. This doesn't include college. This is also clearly an average because daycare alone for an infant in Washington, DC costs $35k/year ...
by evilityb
Thu Aug 03, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: How do I shop around for a HELOC?
Replies: 9
Views: 1151

Re: How do I shop around for a HELOC?

Thanks, everyone! This is all helpful input.
by evilityb
Mon Jul 31, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: How do I shop around for a HELOC?
Replies: 9
Views: 1151

How do I shop around for a HELOC?

I'm considering opening a HELOC as a back-up emergency fund. Currently I'm holding about $30k in cash (about 8 months worth of living expenses), but I'd really like to put some of that towards a bit of debt I have, thus holding less in cash but having the HELOC just in case I actually do need to tap...
by evilityb
Wed Feb 15, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Stressed out. Reduce contributions for cash flow? Or...?
Replies: 11
Views: 1601

Re: Stressed out. Reduce contributions for cash flow? Or...?

Thank you all for the kind words and the advice. I have a plan in place to get rid of the roommate. I'm hoping to goes smoothly. If not, I am working to cover my bases there, too. A few people noted that I'm paying a lot for housing and am over leveraged. You're right, I am. I did this knowingly and...
by evilityb
Tue Feb 14, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Stressed out. Reduce contributions for cash flow? Or...?
Replies: 11
Views: 1601

Re: Stressed out. Reduce contributions for cash flow? Or...?

I'm having a hard time following all your numbers. Ignoring rental income, you make $98k a year (~$8,200 a month). Maxing out a TSP (assume limits are same as 401k) would be $1,500 per month leaving you with $6,700. Of this, approximately 25% goes to Uncle Sam, leaving you with with about $5k post-...
by evilityb
Tue Feb 14, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stressed out. Reduce contributions for cash flow? Or...?
Replies: 11
Views: 1601

Stressed out. Reduce contributions for cash flow? Or...?

Hey all - I need a pep talk. If there is one thing in this world I hate, it's uncertainly about finances. So, emotionally, I'm having a hard time juggling a potential lack of rental income. Tell me I'm fine... or, if I'm not, tell me what I need to do to be fine. Cash/e-fund: $26,000 (6-8 months of ...
by evilityb
Tue Jan 24, 2017 1:10 pm
Forum: Personal Consumer Issues
Topic: Cell phones - I have met my match, please help
Replies: 38
Views: 4924

Re: Cell phones - I have met my match, please help

There was a HUGE thread on this exact topic back in September. Please see this link: viewtopic.php?f=11&t=199015
by evilityb
Wed Jan 18, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: 28yr old newbie playing catch up
Replies: 29
Views: 2866

Re: 28yr old newbie playing catch up

Wanderwoman -- You sound like a woman after my own heart! When I was 28, I was fresh out of the Peace Corps (fellow nomad!) and freaking out about "being behind." Let me tell you... you're fine. I'm 33 now and after 4 years of working full time, I have a networth of about $115k (starting f...
by evilityb
Wed Jan 18, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Is it ok to stop contributing to retirement accounts?
Replies: 11
Views: 2546

Re: Is it ok to stop contributing to retirement accounts?

1) How old are you and your partner? 2) Any likelihood you will return to work in a few years? 3) You say "partner" -- are you two married? If not, make sure you are entitled to receive the pension should something happen to him and that you are legally protected should you split up at som...
by evilityb
Mon Jan 09, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: How're we doing?
Replies: 33
Views: 3973

Re: How're we doing?

I'd honestly move into a different house/apartment and rent for another year or two until you can clear the loan. Sure pay a bit more in rent so the first year or so is more manageable with the baby, but it will honestly put you in a much better position to buy the home. The last thing you want to ...
by evilityb
Mon Jan 09, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to Real Estate Investment?
Replies: 9
Views: 899

Re: Newbie to Real Estate Investment?

Check out biggerpockets for real estate stuff. There are lots of people on there who can give you good advice but I personally find it to also be a lot of sales (eg. 25% of the webinar time is dedicated to selling you books).

Also, 6% interest rate?! That's high for the current financial climate.
by evilityb
Mon Jan 09, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: 22 Year Old Seeking Advice on Current Situation
Replies: 2
Views: 418

Re: 22 Year Old Seeking Advice on Current Situation

You, sir, are on fire. Keep doing what you're doing (with a few tweaks). Use this equation in an excel spreadsheet and manipulate the values to your liking: F=C(1+r)^t (F≡Future value; C≡Current value; r≡growth rate; t≡time in years) In fact, you can easily find spreadsheets online where people have...
by evilityb
Mon Jan 09, 2017 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Goal achieved - what next? healthcare?
Replies: 8
Views: 1735

Re: Goal achieved - what next? healthcare?

Were you 37 or 34 3 years ago? Just curious.

Congrats on increasing your net worth by 43% in 3 years.
by evilityb
Sun Jan 08, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investing a forgivable loan
Replies: 8
Views: 835

Re: Investing a forgivable loan

My opinion, and this is based on my own personal risk tolerance, would be to invest what is yours ($22k/year - taxes) with an aggressive allocation (90/10 - 80/20) and what has not yet been forgiven at a much less aggressive allocation. Just make sure you can weather a storm, if there is one. This i...
by evilityb
Sun Jan 08, 2017 12:52 am
Forum: Investing - Help with Personal Investments
Topic: Investing a forgivable loan
Replies: 8
Views: 835

Re: Investing a forgivable loan

I did something similar with my un-needed student loans back in 2009. I got lucky because I invested at the bottom of the market. I met someone else who did the exact same thing as I did, only he invested in spring of 2007. Very different outcomes. Keep this in mind when you're thinking about risk t...
by evilityb
Sat Jan 07, 2017 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: New to Bogle
Replies: 24
Views: 1531

Re: New to Bogle

Welcome to the forum! I am a 33-year-old fellow Fed myself. Contributing to an IRA is fine, but the reason people, including me, suggest contributing the maximum in the TSP before an IRA is because the TSP's expense ratio is the lowest in the business. Even the expense ratios on Vanguard funds do no...
by evilityb
Fri Jan 06, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Help for my brother
Replies: 1
Views: 362

Re: Portfolio Help for my brother

For anything in a tax sheltered account that he won't be drawing on for a couple of decades, a 70/30 split makes sense. As per the Boglehead philosophy, follow the 3-fund portfolio model. If $500k-$600k compounds for 20 years, he's has the means to live a comfortable life style, especially in a LCOL...
by evilityb
Wed Jan 04, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Sell or Refinance/Rent Condo?
Replies: 6
Views: 634

Re: Sell or Refinance/Rent Condo?

MuckB wrote: -Should be cash flow positive by $300-$400/month once lawsuit settles and refinance goes through If that does not include reserves for vacancies, bad tenants, replacing carpeting, painting, maintenance, eventually redoing the kitchen and bathroom, etc then you may not be doing as well ...
by evilityb
Tue Jan 03, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund in TSP G Fund??
Replies: 7
Views: 544

Re: Emergency Fund in TSP G Fund??

This is similar to what I do but I don't use the Vanguard index funds because I hate complicating my taxes with taxable investment accounts. Instead, I just keep it all in the TSP and take a TSP loan in the event that I need a giant chunk of money -- which I did, when I bought my house this year. Al...
by evilityb
Fri Dec 30, 2016 10:22 am
Forum: Personal Finance (Not Investing)
Topic: [DC-area accountant recommendations: rentals, taxes]
Replies: 2
Views: 228

[DC-area accountant recommendations: rentals, taxes]

Hi All - In 2016, my taxes got more complicated than I'm comfortable with doing myself. This year, I bought a house as a primary residence and I rent two rooms in it. I also moved states (VA-->DC) in the process. I'm hoping to find an accountant who is familiar with rental property in a situation li...
by evilityb
Thu Dec 29, 2016 9:38 am
Forum: Personal Finance (Not Investing)
Topic: DC Area Bogleheads: Recommend a good tax accountant
Replies: 0
Views: 189

DC Area Bogleheads: Recommend a good tax accountant

Hi All - In 2016, my taxes got more complicated than I'm comfortable with doing myself. This year, I bought a house as a primary residence and I rent two rooms in it. I also moved states (VA-->DC) in the process. I'm hoping to find an accountant who is familiar with rental property in a situation li...
by evilityb
Mon Sep 12, 2016 3:31 pm
Forum: Personal Consumer Issues
Topic: 2006 mazda miata for daughter, 42k miles, $10k?
Replies: 64
Views: 5279

Re: 2006 mazda miata for daughter, 42k miles, $10k?

Glad you're passing; I agree with everyone else who has already responded. I was very responsible compared to my peers at that age and the thought of my 16-year-old self in a Miata is still pretty terrifying. Another thing to consider beyond safety is the quality of the car. Kids haven't learned tho...
by evilityb
Thu Sep 08, 2016 6:24 pm
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 263
Views: 28096

Re: How much is your cell phone bill?

$0/month 500 texts, 200 minutes, and 500MB each month Freedompop Tell us more about this! I like the idea of $0. How is the coverage in your area? How's it been in other areas you've taken your phone? I'm using Republic wireless right now for about $18/mo. Coverage is bad, calls get dropped or don'...
by evilityb
Wed Sep 07, 2016 9:06 pm
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 263
Views: 28096

Re: How much is your cell phone bill?

$0/month 500 texts, 200 minutes, and 500MB each month Freedompop Tell us more about this! I like the idea of $0. How is the coverage in your area? How's it been in other areas you've taken your phone? I'm using Republic wireless right now for about $18/mo. Coverage is bad, calls get dropped or don'...
by evilityb
Wed Sep 07, 2016 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Repay 401k loan vs increased contributions?
Replies: 12
Views: 1870

Re: Repay 401k loan vs increased contributions?

I worked this out in another thread: Any reason to pay down 401k loan? You get a much better return by paying down the 401(k) loan now, and making extra contributions later with the money that would otherwise have gone to the loan payments. Could you please elaborate on this? I also read your other...
by evilityb
Wed Sep 07, 2016 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Repay 401k loan vs increased contributions?
Replies: 12
Views: 1870

Re: Repay 401k loan vs increased contributions?

I worked this out in another thread: Any reason to pay down 401k loan? You get a much better return by paying down the 401(k) loan now, and making extra contributions later with the money that would otherwise have gone to the loan payments. Could you please elaborate on this? I also read your other...
by evilityb
Wed Aug 31, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay off first?
Replies: 13
Views: 1223

Re: Which debt to pay off first?

Thank you all for your input! A few things to add: 1) Yes, I am a Fed. My job security is good and I know my expected pay for years to come. In the event that I were fired, there is a process where I can appeal through the union, and it takes a few months. I wouldn't be gone the next day like I coul...
by evilityb
Wed Aug 31, 2016 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay off first?
Replies: 13
Views: 1223

Which debt to pay off first?

Hello fellow Bogleheads, I recently bought a house and I've accrued a handsome amount of debt in the process. My intention is to pay it all off (excluding the mortgage) within about 3-4 years while contributing in full to my TSP and Roth IRA. I'd like your ideas about which debt to tackle first and ...
by evilityb
Mon Mar 28, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Your first $100k
Replies: 52
Views: 9545

Re: Your first $100k

Well done on your progress. You should be proud of your ability to set goals and act on them! I encourage you not to read these responses and compare yourself to other people -- I feel like that's an easy thing to do on this forum. We're all running a marathon and we're each in a different heat. It ...
by evilityb
Tue Mar 01, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mom is 5 Social Security Credits Short - How Do I Help?
Replies: 20
Views: 3232

Re: Mom is 5 Social Security Credits Short - How Do I Help?

To clarify, my mother is healthy and in good physical shape, although slowing down. It is also intrinsic that if she is to earn Social Security credits, she will be working at a job where both she and the employer pay into Social Security.
by evilityb
Tue Mar 01, 2016 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Mom is 5 Social Security Credits Short - How Do I Help?
Replies: 20
Views: 3232

Mom is 5 Social Security Credits Short - How Do I Help?

Hello Fellow Boglers, My mom is 66 years old and is 5 Social Security credits shy of qualifying for Medicare. My father was a high school teacher and paid into a pension system that did not include Social Security, so he does not qualify for SS either, so my mom can't piggy back on him. He does have...
by evilityb
Fri Feb 19, 2016 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Where I Am Now - What would you do as first step?
Replies: 15
Views: 2191

Re: Where I Am Now - What would you do as first step?

Does your spouse work? A few people assumed you have a wife, and maybe you do, but you could be a wife and/or you could be the one who just had the baby! I'm frequently assumed to be a man on here, so I'm mostly pointing out to the board the underlying assumption that's been made might not be accura...
by evilityb
Tue Feb 16, 2016 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Could someone educate me on Thrift Savings Plans and suggest different fund allocations?
Replies: 24
Views: 1855

Re: Could someone educate me on Thrift Savings Plans and suggest different fund allocations?

So I am going to start allocating all the money from my checks to the Lifecycle 2050 like most recommended. I will still have 40k in the savings for my retirement. I was wondering one thing... I am looking on purchasing a home within the next couple years. I will have 15-20k in savings and I am all...
by evilityb
Thu Feb 11, 2016 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 12394

Re: What is your decline in Net Worth as of today?

I'm down by about 4.3% from the peak. I haven't checked my AA, I've been too lazy to re-balance this year. I'm happy to be taking advantage of the cheap stocks with every contribution to my TSP!
by evilityb
Thu Feb 04, 2016 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: 60 Years Old - Forced to Stop Working - Need Investment Advice
Replies: 30
Views: 4486

Re: 60 Years Old - Forced to Stop Working - Need Investment Advice

Can you tell us more about your assets? You mentioned that you have a total of $400k in Roth IRAs; about $250k in yours and $150k in your wife's. You also mentioned that your wife is contributing aggressively to her 401(k). Please tell us the following: - How much does your wife have in her 401(k)? ...
by evilityb
Tue Feb 02, 2016 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody budget for daycare like it is college?
Replies: 54
Views: 4539

Re: Anybody budget for daycare like it is college?

This thread has effectively deterred me from becoming a parent.
by evilityb
Fri Jan 15, 2016 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 566
Views: 146173

Re: Share your networth progression

Returned from Peace Corps service in 2011 with a negative net worth. Took several months to find a full-time job. Re-entered the work force in July 2012 with a starting salary of $62,000 in a HCOLA at the age of (almost) 29. No spouse, no kids. Just me and the dog. July 2012: -$10,000 (age 28.9) Dec...
by evilityb
Sun Jan 03, 2016 12:53 am
Forum: Investing - Help with Personal Investments
Topic: Question regarding allocation between TSP, Roth, HSA, Taxable
Replies: 15
Views: 1464

Re: Question regarding allocation between TSP, Roth, HSA, Taxable

Hello fellow Fed! You and I have remarkably similar portfolios and you're trying to do pretty much what I do with mine. I'm writing this note here right now so I can be sure to come back and answer it in full tomorrow.
by evilityb
Sun Jan 03, 2016 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Investment Advice Wanted (still in college)
Replies: 13
Views: 1081

Re: Investment Advice Wanted (still in college)

I would like to get a solid job out of college and save hard to open my own contracting company or other business within 5-7 years of completing my degree. Civil engineering. Thank you leading me to the Mr. Money Mustache blog. It has some eye opening articles and I have been reading it nonstop sin...