Bogleheads.org

acejacksingh

Questions: 1. Her employer offers a Roth 401(k) or a Traditional 401(k). Recently been splitting contributions between the two and maxing out contributions each year. I wanted to contribute equally to both to hedge my bets. However due to high income taxes and age would it make more sense to choose...

acejacksingh

No reason unless it gives you some comfort.

Another thing to consider. More brokerages, means more accounts, means more usernames, means more passwords, means more things to manage...etc etc.

acejacksingh

Hi Mike,

I would recommend either a high yield savings account or a no penalty CD.

I like to use bankrate.com to find out what the various banks are offering in terms of rates for these types of accounts.

Best,
Ace

acejacksingh

Maybe this'll work: Mark it on your calendar giving yourself a date to check your account. It may be knowing you have set dates you'll look could be enough to stop you from peeking at it as often. This is exactly what I do and it helps (1st of the month). Or whenever I get an itch to check I come t...

acejacksingh

Thank you for the information! 4. You were told wrong. Bonds don't always go up. They just tend to have less volatility than stocks, not zero volatility. 5. Yes. Holding more cash makes sense to me if you have ANY doubts about your future income stream. In my opinion, better to hold more cash and a...

acejacksingh

OP, Had our wills and trust reviewed. Amended them to close a few gaps. Quadrupled donations to charities that feed and care for people in crisis Worked with an importer to source KN95 masks and coordinated donations to our area hospitals WoodSpinner There needs to be more people in this world like...

acejacksingh

Hi, I am wondering: 1. Is it odd that I have chosen real estate as a heavy portion of my asset allocation? I assume given my age it is a more aggressive version of fixed income with inflation protection, but more volatility? Should I be holding actual bond exposure instead? 2. Should I reconsider m...

acejacksingh

I would keep it in cash at a high yield savings account.

No reason to risk principal loss...

acejacksingh

Personally my EF is set up as: 9 months of cold hard cash in a savings account 4 months in VWITX & VWAHX With the recent virus stuff and some risk to my job, I'm debating just selling out of the bond funds and keeping 1 year in cash. Just depends on what will help you sleep at night. No penalty ...

acejacksingh

Thank you for the information! 4. You were told wrong. Bonds don't always go up. They just tend to have less volatility than stocks, not zero volatility. 5. Yes. Holding more cash makes sense to me if you have ANY doubts about your future income stream. In my opinion, better to hold more cash and ac...

acejacksingh

Hi BHs - Looking to get a review of my portfolio. The COVID stuff has me a bit worried about job security/finances so I figured this would help me stay the course, etc. Questions below, any help/advice is always appreciated! Age: 31 New Salary: $137,000 + 5-10% bonus annually Marital Status: Single ...

acejacksingh

if you have any fear of losing your job I would pay off the mortgage and then hold the rest as cash.

Wait until this whole thing cools off and then invest that cash amount, if unused, into the market or even beef up the 529 plans for your children.

acejacksingh

you might want to read this post from 2015: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=155164 it's fun to read people's thoughts from the past to see how they square (or not) with the present and/or future. For instance, this one (from 2015): I hold both Exxon and Chevron in my stock ...

acejacksingh

$1000/weekly until you're done

acejacksingh

I'll just let my target date fund decide for me

No stress, no mess, and best of all no mistakes

acejacksingh

I think someone is just bored at home and needs a thread to chat with other BHs about market timing. :P I think I lost like $50k just in March (only looked out of curiosity). I'm 31 and that's like 40% of my net worth... still buying on a weekly basis :D To quote a great investor... "Be fearful...

acejacksingh

Wow you are where I want to be at at 30 ! Currently 27, NW 50K and single... I doubt I'll get married by 30 (due to being single currently) but at least I think I can hit your NW ! Thanks! You'll get there, just follow the advice on the forum and keep grinding! Awesome job saving for your future! I...

acejacksingh

hmm... My thoughts: 1) if you put $$ into the 401k, your AGI will be less than the ROTH limits and you would be fine. 2) see #1 - put $$ into your 401k even without the match. Why would you give up pre-tax space now? 3) if you are really wanting to buy a house - start living on the "post house...

acejacksingh

Hi BHs, Couple big things have happened in my life, so I wanted to check in and see where I stand. Recently turned 30, got engaged, and started a new job this month. Below are the metrics and the questions I have. Thanks in advance for any advice! Age: 30 New Salary: $129,000 + $10,000 (sign-on bonu...

acejacksingh

I agree with most of the previous posts in that $15k is way too much but if you decide to go down that path do lots of research on diamonds and learn how to use a jeweler’s microscope. It is a common practice for jewelers to sell flawed diamonds for an inflated price. At the very least you might be...

acejacksingh

Update about the ring. Thanks for the feedback everyone!

acejacksingh

15K for a ring? That is insane. The average person spends around 6K. Here is a little marriage advice (married 18 yrs). Treat your bride good and don’t be too cheap. However, if you start out too high then you just raised expectations for future purchases. That is one heck of an engagement ring con...

acejacksingh

Hi BHs, Turning 30 in a few months and haven't checked in a while. Just wanted a review of my current plan as things have changed over the last few years. Moved from DC to LA this year, moved in with girlfriend (soon to buy engagement ring), etc. Below are all the details with questions: Age: 29 Sal...

acejacksingh

If you are saving for a down payment, I would suggest contributing the minimum to the 401(k) to get the employer match, and saving more for the down payment to get 20%. The advantage is that by paying 20% down when you do buy the house, you will have smaller mortgage payments, and will be able to c...

acejacksingh

Mr.BB wrote:I usually don't discuss our finances with most people, (except for this board). But I had to tell someone my happy news!
I just finished doing a 6 month review of our savings and spending this year. So far YTD we have able to save 43.5% of our money!

Good Job!

acejacksingh

I knew nothing about index funds when I purchased Mcdonalds ,WalMart and Coke,about 25 years ago. I purchased them for Growth of Capital and Income. Fortunately they have provided both. :mrgreen: I I started with these plus XOM and JNJ (3 years ago(.... wish I knew about about index funds a few yea...

acejacksingh

I'm the same age recommend the following:

1) Max out that TSP
2) Enjoy life

acejacksingh

2461.00

acejacksingh

Great thanks everyone who provided input! Factoring in everyone's comments and opinions, I think starting next year I'll reduce that discretionary spending bucket from $900 to $700 and increase my savings and vacation buckets by $100 each. Once I get to maybe 10k in my vacation fund I'll increase my...

acejacksingh

So Bogleheads every since I started maxing out my 401k, IRA, and HSA accounts, I've had this mentality that I can spend my remaining paycheck freely and almost recklessly. In my mind if I max these accounts, I will be fine in the future, so why not spend everything else I make? I'm wondering if anyo...

acejacksingh

Yup, since 2013 almost at 3 years now. I check the first of every month because it helps me stay motivated

acejacksingh

Strayshot wrote:Good job! You are like a textbook case study for how to do things right.

Only thing I am curious about is why 16k and not 18k to the 401k and just contribute 2k less to the HSA?

Sorry I'm doing 18k to the 401k. What do you mean 2k less for the HSA ?

acejacksingh

Hi all, Looking to do a mid year check in with everyone here. Below is an older post and updated stats: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=174995&p=2650835#p2650835 Emergency funds: Yup Debt: None Tax Filing Status: Single Tax Rate: 25% Federal, 8% State State of Residence:...

acejacksingh

This can't be a reliable calculation...

Age: 27
Pretax Income: ~$80,000
(27*80,000)/10 = $216,000

My NW is about half that and I thought I was ahead of the game....

acejacksingh

Hello all. Recently started a new job and I am now eligible for the company 401(k) plan through Vanguard. I wanted get the opinion of those more experienced and knowledgeable then myself and get headed down the right investing/retirement path. Thanks for any feedback, I know these questions are ask...

acejacksingh

As a recent (4 years out now) grad, I strongly recommend UVA. I recruit for my company (BIG 4) and we are specifically told to focus on only a few schools.

The undergrad degree will never come off the resume...

Best,
AceJ

acejacksingh

Hi BHs, I just realized I don't have anyone listed as beneficiaries for my accounts. I'm single, 27, and don't have any kids. I also don't have a Will. Should i have a Will made? Other Suggestions? I'm leaning towards my parents, but does that make sense? Edit: Both parents are living (mid-60s). One...

acejacksingh

I don't think it ever makes sense to raid retirement accounts unless it is one of those rare extreme emergencies...

Best of luck,
AceJ

acejacksingh

Best: Listening to my dad about investing early on starting from age 24 (currently 27).

Worst: Buying a $30k car right out of college thinking I could afford it ha

Best,
AceJ

acejacksingh

"High school graduates earn about 62% of what those with four-year degrees earn" :happy http://time.com/money/4061150/college-degree-worth-it/ +100 Even though my current job isn't related to my college degree in any way shape or form, I don't think my current employer (BIG4 consulting fi...

acejacksingh

Toons wrote:You can't beat it for simplicity.
Set it and forget it.
Automatic Rebalance

+1

I'm 26 and only use Target Date Vanguard Fund 2060 for retirement accounts.

acejacksingh

Look into LSS (Lean Sigma Six)

acejacksingh

Hi BHs - Just a theoretical question, information is meant more for discussion then actionable. I will continue to invest based off of my investment plan :happy If I have $150,000 invested towards retirement at the age of 27 and plan to retire at 65 (38 more years of compounding), assuming an annual...

acejacksingh

26

Maxing: Roth IRA, Trad 401k, and HSA

Thanks to discovering BH a few years back and hitting the parent lottery.

acejacksingh

Personally I would (I'm also 26!) sell the BAC shares and pay down the car debt. Not having that $250/month commitment would be amazing from a monthly budget stand point. It could easily go towards other things....like loans.

Anyways best of luck!
AceJ

acejacksingh

around 30% of current salary

acejacksingh

who ever gives you the highest interest CD.

acejacksingh

I love that this thread has survived about a year.

Keep the answers coming!

Thanks again,
AceJ

acejacksingh

VWITX is also an option.

acejacksingh

Stick to my monthly budget !!

....I always start out strong but some where in the middle of the year I start to falter

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