Search found 324 matches

by acejacksingh
Sat May 02, 2020 10:46 am
Forum: Personal Investments
Topic: 26 Y.O. Portfolio Review
Replies: 21
Views: 1593

Re: 26 Y.O. Portfolio Review

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...
by acejacksingh
Sun Apr 26, 2020 10:34 am
Forum: Personal Investments
Topic: Is there a maximum one should keep at one brokerage firm?
Replies: 25
Views: 1748

Re: Is there a maximum one should keep at one brokerage firm?

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.
by acejacksingh
Thu Apr 23, 2020 5:55 pm
Forum: Personal Investments
Topic: Highest yield on a safe 3 year investment of 25K
Replies: 12
Views: 1349

Re: Highest yield on a safe 3 year investment of 25K

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
by acejacksingh
Mon Apr 06, 2020 4:25 pm
Forum: Personal Investments
Topic: Tips on how to stop checking finances too often?
Replies: 29
Views: 1499

Re: Tips on how to stop checking finances too often?

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...
by acejacksingh
Mon Apr 06, 2020 12:08 pm
Forum: Personal Investments
Topic: 31yo Looking for Review + Questions
Replies: 5
Views: 564

Re: 31yo Looking for Review + Questions

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...
by acejacksingh
Sun Apr 05, 2020 10:14 am
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11495

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

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...
by acejacksingh
Sun Apr 05, 2020 9:12 am
Forum: Personal Investments
Topic: New Boglehead Requesting Review
Replies: 2
Views: 220

Re: New Boglehead Requesting Review

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...
by acejacksingh
Sun Apr 05, 2020 8:54 am
Forum: Personal Investments
Topic: Where to park a house fund?
Replies: 21
Views: 2024

Re: Where to park a house fund?

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

No reason to risk principal loss...
by acejacksingh
Sat Apr 04, 2020 7:57 pm
Forum: Personal Investments
Topic: Layered Emergency Fund
Replies: 30
Views: 2797

Re: Layered Emergency Fund

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 ...
by acejacksingh
Sat Apr 04, 2020 3:05 pm
Forum: Personal Investments
Topic: 31yo Looking for Review + Questions
Replies: 5
Views: 564

Re: 31yo Looking for Review + Questions

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...
by acejacksingh
Sat Apr 04, 2020 11:43 am
Forum: Personal Investments
Topic: 31yo Looking for Review + Questions
Replies: 5
Views: 564

31yo Looking for Review + Questions

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 ...
by acejacksingh
Sat Apr 04, 2020 9:25 am
Forum: Personal Investments
Topic: Blessed with a large bonus.. Save or Invest???
Replies: 37
Views: 3473

Re: Blessed with a large bonus.. Save or Invest???

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.
by acejacksingh
Thu Apr 02, 2020 3:30 pm
Forum: Investing - Theory, News & General
Topic: Speculating on Oil/Gasoline
Replies: 20
Views: 1062

Re: Speculating on Oil/Gasoline

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 ...
by acejacksingh
Sun Mar 29, 2020 8:00 pm
Forum: Personal Investments
Topic: Lump sum or DCA $30,000 in a volatile market?
Replies: 43
Views: 2828

Re: Lump sum or DCA $30,000 in a volatile market?

$1000/weekly until you're done :)
by acejacksingh
Mon Mar 23, 2020 9:27 pm
Forum: Personal Investments
Topic: 100 percent stock investors: any of you adding bonds now?
Replies: 51
Views: 3718

Re: 100 percent stock investors: any of you adding bonds now?

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

No stress, no mess, and best of all no mistakes
by acejacksingh
Sat Mar 21, 2020 5:56 pm
Forum: Personal Investments
Topic: Guys I Rebalanced (Moved Monies Out Of S&P 500)
Replies: 301
Views: 18716

Re: Guys I Rebalanced (Moved Monies Out Of S&P 500)

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...
by acejacksingh
Fri Feb 22, 2019 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: New Job + 30 + Yearly Check In
Replies: 6
Views: 952

Re: New Job + 30 + Yearly Check In

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...
by acejacksingh
Fri Feb 22, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: New Job + 30 + Yearly Check In
Replies: 6
Views: 952

Re: New Job + 30 + Yearly Check In

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...
by acejacksingh
Fri Feb 22, 2019 7:51 am
Forum: Personal Finance (Not Investing)
Topic: New Job + 30 + Yearly Check In
Replies: 6
Views: 952

New Job + 30 + Yearly Check In

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...
by acejacksingh
Wed Aug 15, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 30 - Check In
Replies: 33
Views: 4348

Re: Almost 30 - Check In

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...
by acejacksingh
Tue Aug 14, 2018 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 30 - Check In
Replies: 33
Views: 4348

Re: Almost 30 - Check In

Update about the ring. Thanks for the feedback everyone!
by acejacksingh
Mon Aug 13, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 30 - Check In
Replies: 33
Views: 4348

Re: Almost 30 - Check In

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...
by acejacksingh
Mon Aug 13, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Almost 30 - Check In
Replies: 33
Views: 4348

Almost 30 - Check In

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...
by acejacksingh
Mon Jul 03, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Down Payment vs. 401k
Replies: 21
Views: 2142

Re: Down Payment vs. 401k

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...
by acejacksingh
Sun Jul 02, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: First six months savings review
Replies: 8
Views: 1497

Re: First six months savings review

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! :sharebeer
by acejacksingh
Sun Feb 19, 2017 11:23 pm
Forum: Personal Investments
Topic: Why own individual stocks?
Replies: 103
Views: 13495

Re: Why own individual stocks?

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...
by acejacksingh
Sun Feb 19, 2017 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for my Age - 28
Replies: 21
Views: 3136

Re: Advice for my Age - 28

I'm the same age recommend the following:

1) Max out that TSP
2) Enjoy life

:)
by acejacksingh
Wed Dec 07, 2016 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Feel like I'm spending more even though I'm saving more
Replies: 39
Views: 4995

Re: Feel like I'm spending more even though I'm saving more

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...
by acejacksingh
Sun Dec 04, 2016 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Feel like I'm spending more even though I'm saving more
Replies: 39
Views: 4995

Feel like I'm spending more even though I'm saving more

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...
by acejacksingh
Mon Nov 21, 2016 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 15136

Re: Do you track your net worth? How long have you done so?

Yup, since 2013 almost at 3 years now. I check the first of every month because it helps me stay motivated
by acejacksingh
Mon Aug 15, 2016 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Mid Year Check In
Replies: 5
Views: 1277

Re: Mid Year Check In

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 ?
by acejacksingh
Thu Aug 11, 2016 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Mid Year Check In
Replies: 5
Views: 1277

Mid Year Check In

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:...
by acejacksingh
Sat Jul 23, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Networth = Age x Pretax income then divide by 10?
Replies: 49
Views: 12968

Re: Networth = Age x Pretax income then divide by 10?

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.... :annoyed
by acejacksingh
Sun Jul 03, 2016 8:55 am
Forum: Personal Investments
Topic: Starting the Investment Journey
Replies: 9
Views: 1249

Re: Starting the Investment Journey

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...
by acejacksingh
Sat Apr 16, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: University of Virginia vs University of Miami
Replies: 148
Views: 15896

Re: University of Virginia vs University of Miami

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
by acejacksingh
Sun Mar 27, 2016 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Who should I set as my beneficiaries - Single, No kids
Replies: 23
Views: 6109

Who should I set as my beneficiaries - Single, No kids

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...
by acejacksingh
Sun Mar 27, 2016 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Raid a Roth for second home down payment or US HELOC?
Replies: 4
Views: 795

Re: Raid a Roth for second home down payment or US HELOC?

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
by acejacksingh
Sat Mar 26, 2016 2:11 pm
Forum: Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 12618

Re: Best & Worst Financial Decisions?

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 :P

Best,
AceJ
by acejacksingh
Sun Feb 28, 2016 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting college
Replies: 141
Views: 13083

Re: Quitting college

"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...
by acejacksingh
Sat Feb 20, 2016 6:58 pm
Forum: Personal Investments
Topic: Target Retirement Fund vs. Manual
Replies: 11
Views: 1434

Re: Target Retirement Fund vs. Manual

Toons wrote:You can't beat it for simplicity.
Set it and forget it.
Automatic Rebalance :happy
+1

I'm 26 and only use Target Date Vanguard Fund 2060 for retirement accounts.
by acejacksingh
Sun Feb 14, 2016 2:07 am
Forum: Investing - Theory, News & General
Topic: Should I invest anymore money- Theoretical Question
Replies: 23
Views: 3418

Should I invest anymore money- Theoretical Question

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...
by acejacksingh
Sat Jan 30, 2016 11:45 am
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 65
Views: 7927

Re: What age did you start maxing out your retirement contributions?

26

Maxing: Roth IRA, Trad 401k, and HSA

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

:D
by acejacksingh
Wed Jan 13, 2016 7:22 pm
Forum: Personal Investments
Topic: Decisions: Eliminate PMI, Max 401k, or Pay Student Loans?
Replies: 14
Views: 2279

Re: Decisions: Eliminate PMI, Max 401k, or Pay Student Loans?

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
by acejacksingh
Fri Jan 01, 2016 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 15678

Re: Savings % Target 2016?

around 30% of current salary
by acejacksingh
Fri Jan 01, 2016 9:32 pm
Forum: Personal Investments
Topic: Where to Keep Down Payment $$ for 6-18 months
Replies: 13
Views: 2021

Re: Where to Keep Down Payment $$ for 6-18 months

who ever gives you the highest interest CD.
by acejacksingh
Wed Dec 30, 2015 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you hit $100,000?
Replies: 136
Views: 26979

Re: What age did you hit $100,000?

I love that this thread has survived about a year.

Keep the answers coming!

Thanks again,
AceJ
by acejacksingh
Fri Dec 25, 2015 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: [What will you do differently in] 2016
Replies: 62
Views: 9705

Re: [What will you do differently in] 2016

Stick to my monthly budget !!

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