Search found 27 matches

by g3d
Tue May 26, 2015 9:13 pm
Forum: Personal Investments
Topic: Net Worth
Replies: 12
Views: 3213

Re: Net Worth

Just one man's opinion here but I wouldn't count it in my NW until the money is at least (semi)-liquid -- cash, investments, home, etc.
by g3d
Mon Apr 13, 2015 9:53 pm
Forum: Personal Consumer Issues
Topic: Is it normal for companies to pay your home closing costs?
Replies: 5
Views: 7006

Is it normal for companies to pay your home closing costs?

I've talked to two people recently, one who just left the company I work for and one who just joined my company. In both cases, the company hiring the employee was relocating them, and part of the hiring agreement was that they would pay for closing costs for the house they would have to sell in ord...
by g3d
Thu Apr 09, 2015 5:47 pm
Forum: Personal Consumer Issues
Topic: Should I worry about being taken to collections?
Replies: 20
Views: 3167

Re: Should I worry about being taken to collections?

I think you would be better off contacting them and paying the money. Another thing I read on the BBB website they will turn you over to a collection agency. Thank you for the input and answering my original question. As much as it hurts to say, it does seem like the best thing to do. . Nisiprius -...
by g3d
Thu Apr 09, 2015 8:43 am
Forum: Personal Consumer Issues
Topic: Should I worry about being taken to collections?
Replies: 20
Views: 3167

Re: Should I worry about being taken to collections?

Read the fine print on your contract with them. It is unlikely they say that a phone call is sufficient notice of cancellation. Bummer. Perhaps you can print out the call history for march and present that with a letter to the gym in person or by mail to illustrate your attempts to cancel service i...
by g3d
Wed Apr 08, 2015 11:03 pm
Forum: Personal Consumer Issues
Topic: Should I worry about being taken to collections?
Replies: 20
Views: 3167

Should I worry about being taken to collections?

Hey BHs, Long-time forum lurker wanting to seek the advice of an intelligent community, even if it's not investing specific. I belong to a small town gym that requires 30 days cancellation notice. I tried to give that cancellation notice (and I have phone history to show it) eight times in the final...
by g3d
Fri Aug 29, 2014 6:08 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Re: Does anyone have 'Lazy Portfolios'?

Perhaps I'm still learning the investment 'lingo', but don't rock bottom costs and a mathematical lowest-risk for highest-return investment strategy translate to better overall performance? I challenge you to find them ahead of time, however, and of course, they will revert to the mean eventually. ...
by g3d
Fri Aug 29, 2014 5:36 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Re: Does anyone have 'Lazy Portfolios'?

This is something I don't get and I actually wanted to make a dedicated thread on this too (probably a stupid question, but at age 22 and <5 mos into my investing life, that's the expectation). We are very quick to say don't look at historical data as a rationale for slicing and dicing. But then ve...
by g3d
Fri Aug 29, 2014 5:08 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Re: Does anyone have 'Lazy Portfolios'?

Major 3 fund proponent here :D ( intermediate term tax exempt as a proxy for TBM for those in high tax brackets). I see no compelling reason to make investing the least bit complicated (i.e. deviating from total market approach). I might get some hate here, but I don't get the "slice and dicers" tr...
by g3d
Fri Aug 29, 2014 3:58 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Re: Does anyone have 'Lazy Portfolios'?

I follow the Paul Merriman Ultimate Buy and Hold. It has 11 ETFs. I added one more, an international government bond. AA is 60/40 using Schwab commision free low ETF's. Rebalance only takes a few minutes. I use a google spread sheet that tracks my investment and tells me how many shares to buy/sell...
by g3d
Fri Aug 29, 2014 3:38 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Re: Does anyone have 'Lazy Portfolios'?

I am a newer Boglehead. I have a pretty straight line "3 fund portfolio". Age 43, 65% stocks/35% bonds. Taxable accounts: 45% VTSAX, 20% VTIAX, 35% VWIUX (Int-Term Tax-Exempt Bonds) Tax sheltered: 45% VTSAX, 20% VTIAX, 35% VBTLX I thought about TIPS and REIT, but Taylor Larimore was helpful in remi...
by g3d
Fri Aug 29, 2014 3:36 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Re: Does anyone have 'Lazy Portfolios'?

Suggest you start with the Wiki: http://www.bogleheads.org/wiki/Lazy_portfolios Thanks. This answered one of my four questions. "You could split the bond portion between Treasury Inflation Protected Securities and nominal bonds, which would result in a slightly more conservative version of David Sw...
by g3d
Fri Aug 29, 2014 3:13 pm
Forum: Investing - Theory, News & General
Topic: Does anyone have 'Lazy Portfolios'?
Replies: 102
Views: 12728

Does anyone have 'Lazy Portfolios'?

I know that any time a newbie comes in to ask for advice on asset allocation (myself included), an overwhelming majority of responses advice the three or fund portfolio. But, somebody posted this link that has a bunch of Boglehead-like portfolios, I think that person was following a nine or ten fund...
by g3d
Tue Aug 19, 2014 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand my credit report
Replies: 14
Views: 2381

Re: Help me understand my credit report

"Number of accounts reported in the last 12 months" Side note: The fact that you have things on auto pay and the student loans don't have payments due yet doesn't matter. That just means all are being reported as 'current' which is exactly what you want. It doesn't hurt you. However, I would expect...
by g3d
Sat Aug 16, 2014 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand my credit report
Replies: 14
Views: 2381

Re: Help me understand my credit report

Doom&Gloom wrote:I would guess that this means # of new accounts opened during the previous twelve months.
I have another line that says my score was affected by # of new accounts opened during the past 12 months. Any other thoughts?
by g3d
Sat Aug 16, 2014 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Help me understand my credit report
Replies: 14
Views: 2381

Help me understand my credit report

Well, not really a credit report...but I recently set up an account with an electric company and authorized them to run my credit in an attempt to waive my deposit. I was declined for reasons I've seen on previous credit reports and on my monthly DiscoverIt, with ONE exception. "Number of accounts r...
by g3d
Wed Aug 06, 2014 4:26 pm
Forum: Personal Consumer Issues
Topic: How many Accounts do you log into and how do you manage?
Replies: 53
Views: 4826

Re: How many Accounts do you log into and how do you manage?

I think my total is around 32. I use the same two or three passwords which scares me how much my life could be derailed with a single hack. I've thought of having unique passwords based on a category (e.g. a password for bills, a password for social accounts, a password for financial accounts) and t...
by g3d
Wed Aug 06, 2014 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage: Is it tax-friendly?
Replies: 50
Views: 4565

Re: Marriage: Is it tax-friendly?

Let's increase salary to 120K Single filer 120K salary, std deduction, 1 exemption: Taxable Income = $110,000 Fed Tax = $24,093 MFJ 240K salary, std deduction 2 exemptions: Taxable Income = 220,000 Fed Tax = $49,066 You can run more scenarios with taxcaster: https://turbotax.intuit.com/tax-tools/c ...
by g3d
Wed Aug 06, 2014 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Marriage: Is it tax-friendly?
Replies: 50
Views: 4565

Re: Marriage: Is it tax-friendly?

1) I get to file MFJ for the year of his death, taking full advantage of the joint rate structure and his exemption for the year, even though he did not live all the way through it. (His income that came in after his death goes on the estate income tax return, Form 1041, instead of our joint return...
by g3d
Wed Aug 06, 2014 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Marriage: Is it tax-friendly?
Replies: 50
Views: 4565

Re: Marriage: Is it tax-friendly?

The Wizard wrote:There may be economies for two well-paid working people living together even with the marriage tax penalty.
Both partners would need to be bogleheads to take advantage of this situation...
Can you elaborate?
by g3d
Wed Aug 06, 2014 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Marriage: Is it tax-friendly?
Replies: 50
Views: 4565

Marriage: Is it tax-friendly?

Please weigh in on this hypothetical (not so hypothetical) situation of mine to evaluate the tax benefits of marriage. Take two income earners with identical salaries, let's say they each make $75k a year. If those two individuals were to file as singles, they would be taxed in the 25% bracket. But,...
by g3d
Tue Aug 05, 2014 8:15 am
Forum: Personal Investments
Topic: Yet another 401k asset allocation question
Replies: 9
Views: 1059

Re: Yet another 401k asset allocation question

The Bogleheads have spoken. Thanks, everybody!
by g3d
Mon Aug 04, 2014 10:27 pm
Forum: Personal Investments
Topic: Yet another 401k asset allocation question
Replies: 9
Views: 1059

Yet another 401k asset allocation question

Greetings Bogleheads, Can you all help me in constructing a 401k portfolio? I just started my career in mid-June and realize the default option (Target Retirement Fund) may not be my best option. I'm not in love with my options (our 401k is through Fidelity) so I appreciate your help. A few pieces o...
by g3d
Wed Jul 23, 2014 6:10 pm
Forum: Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 4589

Re: Where is your brokerage account?

It does seem that the OP has not given a convincing argument of why they need a brokerage account at the present time though. See http://www.bogleheads.org/wiki/ETFs_vs_mutual_funds. ETFs are a solid place for me to make short-term investments that beat my student loan rates (~4%) and allow me to s...
by g3d
Wed Jul 23, 2014 3:48 pm
Forum: Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 4589

Re: Where is your brokerage account?

Sticking with Vanguard appears to be the most popular answer. Thanks for all the input! There are a number of good options but I don't think Chase is one of them. What makes you think of Chase? Chase because that's my current checking/savings bank (low interest rate, I know) and a coworker raved abo...
by g3d
Wed Jul 23, 2014 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can I manage a new CC?
Replies: 13
Views: 1681

Re: Can I manage a new CC?

Thank you for all the responses. It seems like the consensus is to hold off on opening a fourth CC. g3d wrote: My problem is that none of them give me >1% cash back. Yer doing it wrong then. Unless you mean >1% for all purchases. I do mean for all purchases. Obviously, I'm aware of my 6% groceries, ...
by g3d
Wed Jul 23, 2014 2:07 pm
Forum: Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 4589

Where is your brokerage account?

New college graduate just beginning to have some income to invest. I've owned mutual funds with Vanguard for a few months and now I want to purchase ETFs through Vanguard too. Do you open a brokerage account with Vanguard and transfer your funds from your bank to Vanguard? Or do you have direct depo...
by g3d
Mon Jul 21, 2014 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Can I manage a new CC?
Replies: 13
Views: 1681

Can I manage a new CC?

Hello! I've learned a ton on this site and I can't wait to learn more. I need some Boglehead advice on if a new CC (this would be my 4th) would be a reasonable decision. I recently entered the CC game to build my credit and collect my rewards and even more recently entered the real world after gradu...