Search found 274 matches

by randomizer
Sat Mar 18, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13637

Re: "Millionaire Next Door" Net Worth Formula

I fail at this by a long way.
by randomizer
Wed Mar 15, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: What to do with $100???
Replies: 74
Views: 4370

Re: What to do with $100???

Buy books.
by randomizer
Tue Mar 14, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Did I Buy Too Much Home?!?!?!
Replies: 42
Views: 4388

Re: Did I Buy Too Much Home?!?!?!

I'd say you did, but you'll probably get away with it.
by randomizer
Sun Mar 12, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: How Many Of You Listen To The Noise?
Replies: 19
Views: 1175

Re: How Many Of You Listen To The Noise?

I watch prices in order to be aware of tax loss harvesting opportunities, but I don't really listen I the noise other than keeping my eye on politics out of morbid curiosity.
by randomizer
Sun Mar 12, 2017 2:12 am
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 6660

Re: Anyone sorry they used bonds when starting out

My only (tiny) regrets are that I didn't switch from a target-retirement fund to a three-fund portfolio sooner, and that I was slow to learn about the role of tax-exempt bond funds in taxable for people with high marginal tax rates. Hi, Curious why you don't like the target-date funds? I like them,...
by randomizer
Sat Mar 11, 2017 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Buy a house? But there's a student loan elephant in the room
Replies: 21
Views: 1644

Re: Buy a house? But there's a student loan elephant in the room

Dendritic Tree wrote:It's ridiculous to buy a house with so much debt, right?

Good lord. The rate on DW's loan is eye-popping.
by randomizer
Fri Mar 10, 2017 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down 3.5% mortgage vs. 3% CD, and other options
Replies: 24
Views: 2299

Re: Pay down 3.5% mortgage vs. 3% CD, and other options

are bonds in tax deferred better than a 3% CD in taxable right now? Another option to compare against would be tax-exempt bonds in taxable, which might end up being attractive if your marginal tax rate is high enough. Federal - 33% State (WI) - 6.27% or 7.65% Also subject to AMT This is a recent th...
by randomizer
Fri Mar 10, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Independence: How many years of living expenses saved?
Replies: 23
Views: 3467

Re: Financial Independence: How many years of living expenses saved?

Is there a consensus on the number of years of living expenses saved for one to be considered financially independent? 25x is an oft-used rule of thumb. You can learn a lot more about it if you search for "SWR" (Safe Withdrawal Rate) and the Trinity study. 25x corresponds to a SWR of 4%. ...
by randomizer
Fri Mar 10, 2017 7:57 pm
Forum: Investing - Theory, News & General
Topic: Best bond fund in taxable account?
Replies: 2
Views: 370

Re: Best bond fund in taxable account?

Muni bond funds have more credit risk, which means that you shouldn't put all your eggs in that one basket. When I switched to tax-exempt bonds (because of my high marginal tax rate) I split the money between a state-specific fund and a short-term tax-exempt one.
by randomizer
Fri Mar 10, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: Anyone sorry they used bonds when starting out
Replies: 94
Views: 6660

Re: Anyone sorry they used bonds when starting out

No regrets about being too conservative, because I wasn't at all conservative! Started out at 90:10. It's easy to believe that you're fine with your portfolio shrinking by 50%, and knowing that you have a multi-decade investment horizon, when when your net worth is only $3,000. By the time I hit low...
by randomizer
Fri Mar 10, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Pay down 3.5% mortgage vs. 3% CD, and other options
Replies: 24
Views: 2299

Re: Pay down 3.5% mortgage vs. 3% CD, and other options

dave_k wrote:are bonds in tax deferred better than a 3% CD in taxable right now?

Another option to compare against would be tax-exempt bonds in taxable, which might end up being attractive if your marginal tax rate is high enough.
by randomizer
Fri Mar 10, 2017 3:57 pm
Forum: Personal Consumer Issues
Topic: What to do with all these passwords ?
Replies: 104
Views: 5862

Re: What to do with all these passwords ?

Have used both 1Password and LastPass quite happily. 1Password has a much nicer UI.
by randomizer
Fri Mar 10, 2017 7:11 am
Forum: Investing - Help with Personal Investments
Topic: Investing when market is peaking
Replies: 49
Views: 5083

Re: Investing when market is peaking

Lump sum. Time in the market beats timing the market.
by randomizer
Fri Mar 10, 2017 2:06 am
Forum: Forum Issues and Administration
Topic: What would happen if a hacker got a full database dump of the site?
Replies: 29
Views: 2440

Re: What would happen if a hacker got a full database dump of the site?

The only conceivable use of BH data is for social engineering. "It's your grandson and I'm in trouble! You might need to sell the 1999 Lexus with over 200K mi and wire me the $3K!" It's precisely social engineering Attacks that I am worried about. Once you have strong unique passwords and...
by randomizer
Thu Mar 09, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Small (but Significant) Milestone
Replies: 26
Views: 2723

Re: Small (but Significant) Milestone

Congrats. Next up: half-a-million.
by randomizer
Thu Mar 09, 2017 3:48 pm
Forum: Forum Issues and Administration
Topic: What would happen if a hacker got a full database dump of the site?
Replies: 29
Views: 2440

What would happen if a hacker got a full database dump of the site?

I tend to worry about these things. While most people post here pseudo-anonymously, others use their real names, and others still do a bit of both (ie. they use a nickname on the forum, but they also have real-life meetings with other Bogleheads at conferences and local chapter meetings, where they ...
by randomizer
Thu Mar 09, 2017 4:18 am
Forum: Personal Finance (Not Investing)
Topic: Are we ready to buy a house? What should our price range be?
Replies: 56
Views: 3792

Re: Are we ready to buy a house? What should our price range be?

I would trust your gut in this one. Even if you can afford it, it sounds like the stress of having the debt will weigh too heavily on you.
by randomizer
Thu Mar 09, 2017 4:15 am
Forum: Investing - Theory, News & General
Topic: Alternative Strategy for Returns with S&P 500 P/E High
Replies: 23
Views: 1974

Re: Alternative Strategy for Returns with S&P 500 P/E High

Sounds pretty risky to me. I'd rather just tighten the belt (save more, spend less, work longer if need be) to counter the likely lower returns that may be coming; and if they don't come, a pleasant surprise it will be.
by randomizer
Thu Mar 09, 2017 4:10 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 129
Views: 16853

Re: Sitting on cash....Waiting for a crash

I guess I am lucky because I have never been even remotely tempted to market time. The very first time I heard the BH argument, I just thought "yes!"

I wonder, however, if I had this opposite mindset, how many BH books I'd have to read to rewire my brain.
by randomizer
Thu Mar 09, 2017 4:01 am
Forum: Investing - Help with Personal Investments
Topic: Do I need small caps?
Replies: 37
Views: 3147

Re: Do I need small caps?

The short answer is that you don't need them. You might want them, however, if you think that tilting towards small cap may eek out better returns after costs. To learn about that, check out Larry Swedroe's latest book on factor-based investing (I can't remember the exact title). it goes into more d...
by randomizer
Wed Mar 08, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to advise coworkers on 401k choices
Replies: 26
Views: 1177

Re: How to advise coworkers on 401k choices

How to advise coworkers on 401k choices


Don't.
by randomizer
Tue Mar 07, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Paying Too Much in Expense Ratio?
Replies: 27
Views: 1679

Re: Am I Paying Too Much in Expense Ratio?

cbj3054 wrote:Am I Paying Too Much in Expense Ratio?

Without even reading the post, tempting to answer, "If you're asking that question, then the answer is probably yes".

And sure enough, after reading it, you are getting killed in expenses.
by randomizer
Tue Mar 07, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: I-Bonds vs CD
Replies: 24
Views: 1792

Re: I-Bonds vs CD

For simplicity, I would prefer CDs.
by randomizer
Tue Mar 07, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all you need?
Replies: 43
Views: 6089

Re: Is the Vangaurd Balanced Index Fund all you need?

I think it would serve well for most purposes. Your options for tax loss harvesting are severely limited with this kind of inflexible fund-of-funds though, which is why I prefer the three-fund approach (still simple, but much more flexible). Of course, you asked about know-nothing investors, so for ...
by randomizer
Tue Mar 07, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: how often do you shrug at your IPS? [Investment policy statement]
Replies: 50
Views: 3624

Re: how often do you shrug at your IPS?

Emergency funds: my savings goals are probably too aggressive, so I have trouble keeping this up where it needs to be. Going to be tweaking saving rate (and also how much I keep on hand for emergencies) as part of house purchase which is coming up soon. Asset allocation: I've stuck to the plan like ...
by randomizer
Tue Mar 07, 2017 2:35 am
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 176
Views: 14537

Re: How Much in Your Emergency Fund And Is It Used?

I tend to sail pretty close to who wind. I aim to have at least three months of expenses (in my case, many thousands per month) but often end up cutting it very fine because I invest/save aggressively. I have run it down to zero or close to zero many times, and building it back up is slow. Soon to g...
by randomizer
Mon Mar 06, 2017 5:31 pm
Forum: Investing - Theory, News & General
Topic: Betterment just raised their costs.
Replies: 189
Views: 15467

Re: Betterment just raised their costs.

Very happy to stick to my 3-fund-portfolio, which I can manage and tax-loss-harvest easily enough without pay any "roboadviser" to do it for me.
by randomizer
Mon Mar 06, 2017 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling a little burnt out - look at my financial health and give me the bad news
Replies: 13
Views: 2128

Re: Feeling a little burnt out - look at my financial health and give me the bad news

I think the main thing is to look after your health. If you are already feeling a little burnt out, it's going to be hard to keep this up for another 10 years without giving yourself a stomach ulcer, or worse. Maybe you should look at changes you could make starting today that would reduce your stre...
by randomizer
Mon Mar 06, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 85
Views: 6294

Re: Did you buy SNAP?

Nope, I'm not at all interested in buying individual stocks.
by randomizer
Mon Mar 06, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth Calculation (Question/Opinion)
Replies: 26
Views: 1598

Re: Net Worth Calculation (Question/Opinion)

I don't think it matters whether you back out or not. This is an imprecise enough art -- more of a "back of the napkin" calculation than anything else -- that it doesn't really matter; the more important thing to do is to be consistent in your methodology, so that you can have a undistorte...
by randomizer
Mon Mar 06, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Weighing up how much to spend on house
Replies: 25
Views: 2303

Re: Weighing up how much to spend on house

Thanks to everybody on the input. We're getting close to having this stitched up. Looks like we may end up spending just under 460k, with a mortgage of about 211k (trying to lock in a 2.25% fixed rate mortgage). This is about 3 quarters of the way up into our original budget range of 265k and 530k. ...
by randomizer
Sun Mar 05, 2017 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Figuring out what to do with 125k
Replies: 7
Views: 653

Re: Figuring out what to do with 125k

I'd probably pay off the mortgage, or at least start paying it faster.
by randomizer
Sun Mar 05, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: How often do you discuss finances and spending with your spouse?
Replies: 60
Views: 3277

Re: How often do you discuss finances and spending with your spouse?

Probably every couple of weeks. Sometimes just as a passing reference. Other times more deeply.
by randomizer
Sun Mar 05, 2017 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Think I'm ready, but not overly confident
Replies: 28
Views: 2772

Re: Think I'm ready, but not overly confident

Seems you are in a very solid position. Well done! I would feel very comfortable in your position.
by randomizer
Sun Mar 05, 2017 3:04 pm
Forum: Investing - Theory, News & General
Topic: international bonds a good idea?
Replies: 20
Views: 1759

Re: international bonds a good idea?

Fundhunter wrote:Larry Swedroe, who wrote a book about fixed income investing ("The Only Guide To A Winning Bond Strategy You'll Ever Need"), says to stick to short and intermediate high quality bonds only.

Amazing book, BTW. I think it's about time I read it again.
by randomizer
Sun Mar 05, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: Describe your Reasonable Dream Home
Replies: 51
Views: 3077

Re: Describe your Reasonable Dream Home

  • Large (anywhere from about 2000 to 2800 square feet).
  • High ceilings, single level, open floor plan.
  • High walk score, near public transport.
  • Quiet street.
by randomizer
Sun Mar 05, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Poll: For those 20 yrs away from retirement, what is your current asset allocation and future changes?
Replies: 33
Views: 1815

Re: Poll: For those 20 yrs away from retirement, what is your current asset allocation and future changes?

75:25. Would like to be 50:50 at retirement, but that will only happen if I manage to hit "my number", otherwise will be staying where I am. Will most likely deplete fixed income stuff first, allowing allocation to drift back towards 75:25 during retirement. But open to modifying the plan ...
by randomizer
Sun Mar 05, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: real estate taxes
Replies: 5
Views: 306

Re: real estate taxes

I'd pay for some professional advice.
by randomizer
Sun Mar 05, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 5037

Re: Windfall: should we pay cash for ~$1.3M home?

Don't think I could bring myself to buy in such an inflated market as the bay area, with either cash or a loan. If the bubble weren't cause for concern enough, perhaps the prospects of massive earthquake damage are.
by randomizer
Sun Mar 05, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Retirement - Target retirement fund or robo advisor???
Replies: 4
Views: 474

Re: Retirement - Target retirement fund or robo advisor???

The roboadviser can do TLH for you, something you can't meaningfully do with a fund-of-funds like a TR fund, but the costs are higher. Personally, I wouldn't do it, but would stick with a simple three-fund portfolio set-up instead.
by randomizer
Sun Mar 05, 2017 5:53 am
Forum: Personal Consumer Issues
Topic: Do Boglehead DIY or Pay a Professional?
Replies: 95
Views: 6857

Re: Do Boglehead DIY or Pay a Professional?

I pay a professional. He's earned the money many times over, getting me the best possible refund, reducing my anxiety, and saving me a bunch of time.
by randomizer
Sun Mar 05, 2017 5:49 am
Forum: Investing - Theory, News & General
Topic: What degree of stock market decline would tempt you to deviate from your AA?
Replies: 87
Views: 5739

Re: What degree of stock market decline would tempt you to deviate from your AA?

I've never been tested in battle, but I doubt I'd change my asset allocation. Currently at 75:25. By the time the value of the market dropped 90%, as it did in the 1920s/1930s, everything has gone to hell in a hand basket anyway, may as well ride the whole thing. Either the world ends, in which case...
by randomizer
Sun Mar 05, 2017 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Should the money earmarked for certain expenses be part of net worth?
Replies: 52
Views: 3096

Re: Should the money earmarked for certain expenses be part of net worth?

I include it. Just know that if you are going to spend it then it doesn't constitute part of your retirement portfolio. That's a sum that you should calculate separately.
by randomizer
Sun Mar 05, 2017 5:39 am
Forum: Personal Consumer Issues
Topic: furnishing an entire apartment
Replies: 12
Views: 808

Re: furnishing an entire apartment

IKEA + pay somebody to assemble.

Additionally, buy as little as possible. Start with a bed and a chair or two.
by randomizer
Sun Mar 05, 2017 5:35 am
Forum: Personal Finance (Not Investing)
Topic: The Joys Of Tax Season! :(
Replies: 55
Views: 3840

Re: The Joys Of Tax Season! :(

I never have any headaches preparing taxes because I pay a trusted professional to do them. All I have to do is review and sign. Money well spent, at least according to my criteria (large value placed on time and psychological comfort).
by randomizer
Sun Mar 05, 2017 5:33 am
Forum: Investing - Theory, News & General
Topic: Why not hedge using futures?
Replies: 54
Views: 3550

Re: Why not hedge using futures?

Futures are too scary and complicated for me.
by randomizer
Sun Mar 05, 2017 5:31 am
Forum: Personal Consumer Issues
Topic: How much do you spend on "stuff" for kids?
Replies: 53
Views: 3505

Re: How much do you spend on "stuff" for kids?

Haven't done the math but I think we spend a bit less than you do. Your figures are not unreasonable though.
by randomizer
Sun Mar 05, 2017 5:24 am
Forum: Investing - Theory, News & General
Topic: New Investor – Novice Jitters
Replies: 32
Views: 2477

Re: New Investor – Novice Jitters

Start with a conservative asset allocation for your age (75:25), read more on behavioural economics ("Your money, your brain", and "Why smart people make dumb money mistakes") and stuff by William Bernstein (he's very good at explaining risk and is not mouth-foamingly optimistic)...

Go to advanced search