Search found 330 matches

by Gufomel
Fri Jul 12, 2019 1:25 pm
Forum: Personal Consumer Issues
Topic: Office 365 Home - Mobile Apps
Replies: 4
Views: 523

Re: Office 365 Home - Mobile Apps

An Office 365 subscription gets you 5 Microsoft accounts that can access Office 365. 5 separate emails/laptops/people. Kids? Parents? We use all 5. Share and the other user gets an email to install Office 365. Each account gets 1 TB of OneDrive space. Install the OneDrive app on your Android or iPh...
by Gufomel
Thu Jul 11, 2019 8:47 pm
Forum: Personal Consumer Issues
Topic: Office 365 Home - Mobile Apps
Replies: 4
Views: 523

Office 365 Home - Mobile Apps

Even without an Office 365 account, I am able to use the iPhone Excel app to access/edit my spreadsheets saved in OneDrive. I know that with an Office 365 subscription you get access to the Premium versions of the office apps (including PC) but are there actually any additional premium features for ...
by Gufomel
Wed Jun 26, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Talk
Replies: 50
Views: 6019

Re: Bitcoin Talk

There was a drop from $14k to $12k in a matter of seconds about an hour ago. Supposedly one person sold 8,000 bitcoin for about $100,000,000.

Stable hold of value 😁
by Gufomel
Wed Jun 26, 2019 1:34 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9342

Re: Dave Ramsey says to give up employer 401K match to pay down debt

DanMahowny wrote:
Wed Jun 26, 2019 1:28 pm
Just more dreadful advice by Dave Ramsey.

But if you consider his target audience, the advice is appropriate.
So he should give advice that is not appropriate for his target audience?
by Gufomel
Wed Jun 26, 2019 12:24 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9342

Re: Dave Ramsey says to give up employer 401K match to pay down debt

I highly doubt that anyone taking out payday loans at 25% interest for 2 weeks is even remotely considering 401k contributions, so it really doesn’t matter for this discussion. Pay down 50k credit card debt at 25% APR or contribute to 401k to get company match? That’s the more likely scenario. Mathe...
by Gufomel
Wed Jun 26, 2019 11:56 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9342

Re: Dave Ramsey says to give up employer 401K match to pay down debt

I agree with his "debt is dumb" mantra. If you have debt, you should be aggressive about getting yourself from under that burden. Sell some stuff on craigslist or eBay. Cut your expenses. Get a roommate. Don't go any deeper into debt, etc. But giving up the opportunity to get an employer match? No ...
by Gufomel
Wed Jun 26, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9342

Re: Dave Ramsey says to give up employer 401K match to pay down debt

To everyone saying a 401k match is “free money”, it’s not even remotely free when you’re forgoing paying off debt at 25%. That’s a pretty high cost. Assuming 50% company match, you have to find a way to pay off that 25% rate debt in two years or you end up behind. Most of the people facing this situ...
by Gufomel
Wed Jun 26, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 9342

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

It depends on context - Bogleheads are a distinct minority in the population, and behavioral hacking is sometimes better for people than what the spreadsheets say. The psychological burden of being deeply indebted often has detrimental effects on behavior - worse performance on the job, alcohol abu...
by Gufomel
Tue Jun 11, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital Cash
Replies: 22
Views: 3526

Re: Personal Capital Cash

Maybe now their software will stop telling me that I have too much of my portfolio allocated to cash. All I have in cash is a 6 month emergency fund!
by Gufomel
Thu Jun 06, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best budget spreadsheet?
Replies: 24
Views: 3428

Re: Best budget spreadsheet?

Here's a good one: https://docs.google.com/spreadsheets/d/1RJBOzs78YE9NkTg2Q43eMnhV3T2tlNDIgN3la-ONneo/template/preview?usp=drive_web Can you please repost? The link is not working. At least for me. You may/will need a Google account to access Google sheets. Here are some good free Excel ones: http...
by Gufomel
Tue Jun 04, 2019 3:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12396
Views: 2141271

Re: U.S. stocks in free fall

This market's crazy "V"s is why I don't consider paper losses or gains real until they are realized. As long as you equally consider gains as not real I can get behind the logic. Nice pop there before the close today! Even further, most everything these days is just 0’s and 1’s that we have believe...
by Gufomel
Tue Jun 04, 2019 8:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12396
Views: 2141271

Re: U.S. stocks in free fall

Shaping up to be a RBD...for the Bears. There’s that 180 degree flip on news even hinting that the Mexico tariffs may be blocked.
by Gufomel
Mon May 06, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12396
Views: 2141271

Re: U.S. stocks in free fall

S&P opens all the way back to 4/22 levels and close to intra-day 5/2.

Hope your retirements are still intact folks!!!
by Gufomel
Fri Apr 26, 2019 8:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2089
Views: 219575

Re: U.S. stocks continue to soar!

JTColton wrote:
Fri Apr 26, 2019 8:49 am
Gufomel wrote:
Fri Apr 26, 2019 8:25 am
Shaping up to be another good day for stocks on positive economic data (3.2% annualized GDP growth in Q1 vs 2.3% expected).
3.2% :sharebeer
But stocks are down a little.

Exhibit 9275 of why I don’t attempt market timing.
by Gufomel
Fri Apr 26, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2089
Views: 219575

Re: U.S. stocks continue to soar!

DaftInvestor wrote:
Thu Apr 25, 2019 4:42 pm
I've got one friend who sold in October and another that sold in December since a big crash of 25% - 50% was imminent -- and here we are at new highs again across many of the indexes! Buy and Hold baby!
Yikes, I hope at least very early December?
by Gufomel
Fri Apr 26, 2019 8:25 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 2089
Views: 219575

Re: U.S. stocks continue to soar!

Shaping up to be another good day for stocks on positive economic data (3.2% annualized GDP growth in Q1 vs 2.3% expected).
by Gufomel
Thu Apr 25, 2019 9:00 am
Forum: Personal Investments
Topic: What to do? Sitting on the bench since October
Replies: 66
Views: 7682

Re: What to do? Sitting on the bench since October

If you were fully invested today (like in October), would you be selling today? I know that’s a difficult question to answer honestly and unemotionally, but it’s the question you need to be able to answer. If the answer is “no, I would not be selling today” then you should invest 100% today at your ...
by Gufomel
Tue Apr 23, 2019 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate
Replies: 104
Views: 9895

Re: Savings rate

Personally, it is my % of gross income that I do not have earmarked for budgeted expenses (I include a monthly budgeted amount for estimated repairs/replacement for car/house in budgeted expenses). Everything not earmarked for budgeted expenses I consider to be savings, regardless of whether it’s go...
by Gufomel
Fri Apr 19, 2019 7:04 am
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 656

Re: Foreign tax credit while US expat

Have to be careful to avoid double taxation then. i'm also a u.s. expat. doesn't your country of residence have a tax treaty with the u.s.? if so, you shouldn't be doubly taxed, it's just that in the case of u.s. source income, your country of residence will give you a credit for u.s. taxes paid in...
by Gufomel
Tue Apr 16, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Having Trouble with PNC?
Replies: 21
Views: 2642

Re: Anyone Having Trouble with PNC?

Do you use an account aggregator site (Personal Capital, Mint, etc)? I got locked out of an account a couple times before and determined that it was most likely because of Personal Capital trying to connect to my account. When I removed that account from Personal Capital, I stopped getting locked out.
by Gufomel
Mon Apr 15, 2019 3:56 pm
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 656

Re: Foreign tax credit while US expat

You typically end up paying the higher of the two tax rates when your income is subject to tax in two countries. A foreign tax credit is intended to prevent double taxation, not help you pay only the tax rate that you would have in your home country. If you owed 30% on your dividend in your country...
by Gufomel
Mon Apr 15, 2019 7:28 am
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 656

Re: Foreign tax credit while US expat

You typically end up paying the higher of the two tax rates when your income is subject to tax in two countries. A foreign tax credit is intended to prevent double taxation, not help you pay only the tax rate that you would have in your home country. If you owed 30% on your dividend in your country ...
by Gufomel
Sun Apr 14, 2019 7:30 pm
Forum: Personal Investments
Topic: Foreign tax credit while US expat
Replies: 9
Views: 656

Re: Foreign tax credit while US expat

Does your country of residence not allow a foreign tax credit for the US tax on your US source income?
by Gufomel
Sun Apr 07, 2019 7:43 am
Forum: Investing - Theory, News & General
Topic: When to add bonds?
Replies: 37
Views: 3175

Re: When to add bonds?

I am currently 100% stocks (mostly VTSAX). I also have a good amount in a high yield savings account. So you’re not 100% stocks. I have no idea what the size of your total investments is, but as an example if you have 50k stocks and 50k cash, then you’re really 50/50. That’s fine if that’s what you...
by Gufomel
Sat Apr 06, 2019 6:45 am
Forum: Investing - Theory, News & General
Topic: Valuation Informed Indexing
Replies: 37
Views: 2411

Re: Valuation Informed Indexing

Is the financial world’s assessment of the validity of “valuation informed indexing” not already priced into the market?

What secret empirical data do you or anyone else have that demonstrates that this strategy would beat the market over the long-term?
by Gufomel
Fri Apr 05, 2019 6:02 am
Forum: Personal Consumer Issues
Topic: What is this weed in my lawn?
Replies: 34
Views: 3706

Re: What is this weed?

indexfundfan wrote:
Thu Apr 04, 2019 10:46 pm
toofache32 wrote:
Thu Apr 04, 2019 10:38 pm
whodidntante wrote:
Thu Apr 04, 2019 10:19 pm

Glad to know I was not the only one let down after reading the title of the thread.
I re-titled the thread. :-)
I wasn’t going to post, but now I’m intrigued. What was the original title?
by Gufomel
Wed Apr 03, 2019 12:17 pm
Forum: Personal Investments
Topic: Best new brokerage account bonuses- Offer Vanguard??
Replies: 29
Views: 2609

Re: Best new brokerage account bonuses- Offer Vanguard??

Welcome to the forum :) . Hello all, I noticed plenty of excellent new brokerage account bonuses such as $300-$600 just for signing on. I’d like to put $150,000 in the Vanguard VUSXX fund however Vanguard offers no registration bonus. Why should I stick my money in Vanguard while many other places ...
by Gufomel
Tue Apr 02, 2019 2:34 pm
Forum: Investing - Theory, News & General
Topic: Forecasting future returns / net worth
Replies: 10
Views: 1424

Re: Forecasting future returns / net worth

To use an extreme example, it’s not very useful to project that my $100,000 today is going to be worth a nominal $100 million in 100 years, because a lot of that growth is due to inflation and hard to easily understand its true purchasing power in today’s terms. It’s easier to think about future exp...
by Gufomel
Tue Apr 02, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 5474

Re: What is Financial Independence (FI) in the simplest terms?

True FI to me would mean 3% SWR from my stock/bond portfolio with no additional supplemental income (earned or passive, including Social Security). In reality, FI to me means not being reliant on my primary profession for my financial future. Essentially, 3-4% SWR from my stock/bond portfolio and ot...
by Gufomel
Tue Apr 02, 2019 11:06 am
Forum: Personal Consumer Issues
Topic: Amazon Fire Tablets are on sale ......
Replies: 14
Views: 1511

Re: Amazon Fire Tablets are on sale ......

My favorite thing about my fire was that if I lost or broke it, I was not out as much as when I lost or broke my ipad. It is good as a toy but not a tool. +1 We got the 7” over a year ago when it was on sale for $35. It was our first (and still only) “tablet”. Basically its only two practical uses ...
by Gufomel
Mon Apr 01, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate question: lower the asking price or spend to repair
Replies: 26
Views: 1462

Re: Real Estate question: lower the asking price or spend to repair

Thanks for your time. House has been on market since 12/1/18. Realtor's suggestion was after inputs from broker's open house. Thanks. I’d make the fixes in that case. With 4 months in the market, the issues are clearly a hurdle that is turning off buyers. 16 months unless the OP made a typo. May ne...
by Gufomel
Mon Apr 01, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 759

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

I was doing a rough calc to see what your monthly expenses were, but then I looked back at your OP and you said $8k was about 3 months of expenses. As a single person with a stable job, I would not hesitate to bring your EF down to 6 months of expenses (maybe even permanently), so $16k. That gives y...
by Gufomel
Mon Apr 01, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 759

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA? I'm not contributing to a Roth IRA at the moment, and was thinking that was something I should get started on. On average, I save about on average about $500-7...
by Gufomel
Mon Apr 01, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 759

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA? I'm not contributing to a Roth IRA at the moment, and was thinking that was something I should get started on. On average, I save about on average about $500-7...
by Gufomel
Mon Apr 01, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 759

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA?
by Gufomel
Thu Mar 28, 2019 3:25 pm
Forum: Personal Investments
Topic: When Will the Momentum Kick In?
Replies: 18
Views: 1621

Re: When Will the Momentum Kick In?

JuniorRob wrote:
Thu Mar 28, 2019 3:16 pm
markesquire wrote:
Thu Mar 28, 2019 10:17 am
I have been saving more than that and investing it for 15 years (VTSAX 80%, VTBLX 10%),
I think you aren't seeing the growth, because you're losing 10% with each contribution.
I laughed. :D
by Gufomel
Thu Mar 28, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 13241

Re: Is our household budget crazy?

I don't know how you don't know what you spent $560/mo on for "shopping". If we spent that much on average over a 3-month period, I better have a new iPhone or something to show for it. :D My wife is very frugal about kids clothing, and of course grandparents love to buy kids clothes. Sigh. This is...
by Gufomel
Thu Mar 28, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 13241

Re: Is our household budget crazy?

The glaring exception is your grocery budget, which is absolutely nuts. Are you eating a paleo diet bought entirely at Whole Foods? :P If so, the good news is that you are paying far too much for a shiny shopping experience and can eat similarly for much less. ETA: Seeing that you are shopping at C...
by Gufomel
Thu Mar 28, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 13241

Re: Is our household budget crazy?

Childcare and travel make up almost half the total expenses you posted. But those amounts don’t seem out of whack for your income. While your expenses are certainly higher than ours, you also make more than 5x as much as us! As you mentioned, and as most posters have focused on, food is your biggest...
by Gufomel
Thu Mar 28, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 229
Views: 21130

Re: Paying "early" on mortgage may be unwise

I’ve learned something new today - that people are still manually paying their monthly mortgage payments :shock:
by Gufomel
Mon Mar 25, 2019 1:32 pm
Forum: Investing - Theory, News & General
Topic: why are there so many ETF prices? By Vanguard
Replies: 33
Views: 2478

Re: why are there so many ETF prices? By Vanguard

learned something new today...the "marketable limit order" Some people (including me) think that market orders should be abolished in favor of this method. A market order means “fill me at the best price available when my order arrives, regardless of how outrageous that price is or how inconsistent...
by Gufomel
Sun Mar 24, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: Ken Moraif must be getting nervous
Replies: 54
Views: 16217

Re: Ken Moraif must be getting nervous

He is back in, but only 25%. Email today 3/24/19: "We Are Buying. What to Expect. We are excited to participate in the upward trend that we see has established itself and look forward to the potential that it offers. We bought with a fourth of your equity allocation on Friday. It takes a few days f...
by Gufomel
Sat Mar 23, 2019 9:32 am
Forum: Investing - Theory, News & General
Topic: why are there so many ETF prices? By Vanguard
Replies: 33
Views: 2478

Re: why are there so many ETF prices? By Vanguard

learned something new today...the "marketable limit order" Some people (including me) think that market orders should be abolished in favor of this method. A market order means “fill me at the best price available when my order arrives, regardless of how outrageous that price is or how inconsistent...
by Gufomel
Thu Mar 21, 2019 10:57 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 1990

Re: How do I reconcile these seemingly conflicting common BH phrases?

Gufomel, Okay. Then, you could do the following instead A) 25K of the emergency fund and an AA of 80/20. or B) no emergency fund and an AA of 70/30. What is the difference then? The difference is you can spend your emergency fund in (A) without recalculating your AA all the time. << You end up sitt...
by Gufomel
Thu Mar 21, 2019 10:33 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 1990

Re: How do I reconcile these seemingly conflicting common BH phrases?

OP, Compare the difference between A) Having an emergency fund of 25K and an AA of 70/30 versus B) Not having an emergency fund of 25K and an AA of 70/30. If you need to spend 10K, in (B), you have to do something to your portfolio. In (A), you do nothing. You have the money to spend and your AA is...
by Gufomel
Thu Mar 21, 2019 10:01 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 1990

Re: How do I reconcile these seemingly conflicting common BH phrases?

OP, 1) What is the size of your emergency fund? 2) What is your annual savings? In my case, A) My emergency fund is 60K. At this moment, it is 90K since I reserve another 30K for my kids' college education payment. B) My annual savings is 60K. Between (A) + (B), I have 120K/150K to handle any purch...
by Gufomel
Thu Mar 21, 2019 9:24 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 1990

How do I reconcile these seemingly conflicting common BH phrases?

1) Avoid mental accounting (set an AA across all your accounts that meets your risk tolerance) 2) Don’t invest money in stocks that you need in the short-term 3) Don’t time the market 4) Don’t sell stocks in a downturn It’s very easy for me to ignore market noise and “set it and forget it” when I th...
by Gufomel
Sun Mar 17, 2019 6:58 am
Forum: Personal Finance (Not Investing)
Topic: National vs local bank/credit union
Replies: 9
Views: 810

National vs local bank/credit union

We bank primarily with Ally, but also have had an account with Wells Fargo for many years. I have to jump through hoops to keep the Wells Fargo account fee free, so I’d prefer to leave. The two times I’ve used Wells Fargo in recent years: - Notary - Needed to cash a paper savings bond I do still wan...
by Gufomel
Wed Mar 13, 2019 11:35 am
Forum: Investing - Theory, News & General
Topic: wash sales
Replies: 4
Views: 308

Re: wash sales

No word from the IRS.

General consensus seems to be that funds/ETFs that track different indexes are fine. But again, no word from the IRS.

Selling XOM to buy an Energy ETF would almost certainly not trigger a wash sale. But again, no word from the IRS.
by Gufomel
Wed Mar 13, 2019 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting Newbie - Had a Wash Sale I don't Understand
Replies: 6
Views: 438

Re: Tax Loss Harvesting Newbie - Had a Wash Sale I don't Understand

Did you purchase shares of this fund (or have dividends reinvested) 30 days before or after 9/6/18?