Search found 68 matches

by slowbutsteady
Fri Jan 19, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 8678

Re: Short Commute or Nicer House?

Decision isn't as black and white as some always make it sound. This is a lifestyle choice as much as anything else. While cities can provide more walk-able amenities they sometimes also have more crime and over time give some folks a feeling of being hemmed in (more dense neighborhoods, less green...
by slowbutsteady
Wed Jan 17, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 4245

Re: How to overcome the fear of spending money? (Buying a car)

How much of your net worth is the car? 1.4% of net worth Go ahead and buy it. It's a rounding error. Pay cash. Maybe these line of thinking may help - it's within range of portfolio noise on some days - money is meant to be spent (within reason) - you have saved up this much, enjoying some of the m...
by slowbutsteady
Mon Nov 13, 2017 9:14 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 1691

Re: At what rate of return would you keep a whole life policy?

In general, whole life policies are for suckers. They are sold by salesman trying to make commissions. Sorry. Quite unessessary. Departure from rational debate into name calling. Regarding the question around estimating the rate of return, this is an empirical question but the earlier dialogues rea...
by slowbutsteady
Sun Nov 12, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: What's your weighted average expense ratio?
Replies: 65
Views: 4238

Re: What's your weighted average expense ratio?

0.11 (according to SigFig)

Highest ER in our portfolio is 0.54.
by slowbutsteady
Sun Nov 12, 2017 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a home mortgage without spouse?
Replies: 43
Views: 3238

Re: Getting a home mortgage without spouse?

If your wife is fine with it, I think it's fine to proceed. We did the same, but for a refinance. About 4 years ago, we refinanced to my name alone for best rates. My wife's name is on the deed - that part was very important to me (us).
by slowbutsteady
Sun Nov 05, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Which heart rate monitor is the most accurate?
Replies: 37
Views: 3554

Re: Which heart rate monitor is the most accurate?

I use Garmin chest strap + Garmin Forerunner 225. Accuracy is all I care about as well...and for running only. Works great.
by slowbutsteady
Thu Nov 02, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: New 2 comma member
Replies: 28
Views: 3048

Re: New 2 comma member

Congratulations. Nice to see that your stash keeps working hard, even in retirement. Don't forget to celebrate.
:sharebeer
by slowbutsteady
Fri Oct 20, 2017 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: just hit the two comma club today...some thoughts
Replies: 37
Views: 6257

Re: just hit the two comma club today...some thoughts

:sharebeer Congratulations!!...and thanks for sharing your story.
by slowbutsteady
Tue Oct 10, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 8171

Re: Has your "risk tolerance" been tested?

OP, thanks for this opportunity to reflect. I started investing in 2006 and got tested in the 2008/2009. Was 80/20 with low 6 figures invested. I just held my nose, turned my back to the bin, and kept dumping money in via automatic investments. I tuned-off as much financial news as I could, I think ...
by slowbutsteady
Fri Oct 06, 2017 3:33 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 5098

Re: measurement of success of investment(s)

Your benchmark should be your alternative investment...meaning if you have not picked those stocks, what would you have invested in? That said, I will look also look at the S&P. Simple, easy, clean. I agree with your first sentence. Your second sentence is dead wrong. I would advocate for measure o...
by slowbutsteady
Thu Oct 05, 2017 11:11 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 5098

Re: measurement of success of investment(s)

Your benchmark should be your alternative investment...meaning if you have not picked those stocks, what would you have invested in? That said, I will look also look at the S&P. Simple, easy, clean. I agree with your first sentence. Your second sentence is dead wrong. I would advocate for measure o...
by slowbutsteady
Thu Oct 05, 2017 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 13034

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations!!...and thanks for sharing your inspiring story. Not an easy road, but shows the power of a clear goal, determination, and persistence.

You have made your mom proud too.
by slowbutsteady
Tue Sep 26, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: measurement of success of investment(s)
Replies: 52
Views: 5098

Re: measurement of success of investment(s)

Your benchmark should be your alternative investment...meaning if you have not picked those stocks, what would you have invested in?

That said, I will look also look at the S&P. Simple, easy, clean.
by slowbutsteady
Tue Sep 26, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: New Deferred Compensation Plan question
Replies: 6
Views: 1030

Re: New Deferred Compensation Plan question

At 35, I would hesitate to participate. I started at 39 and in retrospect still looks early. If all goes well, it's a great opportunity to put a away a boat-load in tax defferals...up to 90% of annual comp and bonus. Congrats, now you are one who can't easily max out your "tax advantaged" space. But...
by slowbutsteady
Sat Sep 23, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: How Often Do you make a Back-Door Roth Conversion
Replies: 29
Views: 2961

Re: How Often Do you make a Back-Door Roth Conversion

Once a year. Especially at periods of notable market declines.
by slowbutsteady
Fri Sep 22, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 22262

Re: Let's talk about your FI # and family income

This threads crack me up. You guys with deep six figure incomes and you are trying to figure out retirement and such. This forum is infuriating sometimes. If I made mid six figures I'd be retired in three years and on a hillside somewhere over looking nature enjoying the hell out of life. As a smal...
by slowbutsteady
Wed Sep 20, 2017 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 29324

Re: Calling out the not so rich bogleheads

The discussion has evolved but I will throw my thoughts unto the discussion related to having many "richer" folks on the board. I have found the forum to be inspirational and positively challenging. Periodic comparison could be helpful if it serves as a healthy motivation - once it does not turn int...
by slowbutsteady
Wed Sep 13, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Milestone Reached - "Quarter Millionaire!"
Replies: 41
Views: 5695

Re: Milestone Reached - "Quarter Millionaire!"

Congratulations! Don't forget what got you across this first milestone. Keep at it and you will cross many more quarters in due course.

We will be here to celebrate and cheer you on.
by slowbutsteady
Wed Sep 13, 2017 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching 401k Max
Replies: 15
Views: 1921

Re: Reaching 401k Max

once you hit the IRS 401k limit of $18k contribution, do most of the major brokers (Fidelity, etc.) stop you from contributing more or do you have to actively manage the contributions to avoid any penalties? It depends on the employer (not the brokerage). Some stop when you hit the limit. Some don'...
by slowbutsteady
Wed Sep 13, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 385
Views: 31171

Re: Iphone X is $1000

Sorry I came late to the thread, I was busy working OT to save up for this phone :D Seems the OP's implicit question is "Will you buy the $1000 iphone X?". First off, there is no right or wrong answer, just a reflection of the value we place on phones or specifically, this Xphone. Some look at price...
by slowbutsteady
Tue Sep 12, 2017 6:07 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 22350

Re: Is it really Worth it to brown bag your lunch at work?

I don't brown bag because I can neither deal with the extra effort of preparing the brown bag nor the hassle of carrying the bag/bowls with me, but my behavior and expenses mimic those who do. I discovered a cheap but healthy menu in the cafeteria for under $2.5 and have stuck to it for years. My at...
by slowbutsteady
Fri Sep 08, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing Home With Girlfriend; Good or Bad?
Replies: 68
Views: 7090

Re: Purchasing Home With Girlfriend; Good or Bad?

Almost always a bad idea. Avoid the unessessary complications this will most likely result in.
by slowbutsteady
Thu Aug 31, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: Deferred compensation plan? risky?
Replies: 59
Views: 3008

Re: Deffered compensation plan? risky?

Just to put a different perspective on the 12%. Would our answers be different if we think in terms of matches, which for a 401k is typically 50% up to 6% contribution, or in terms of a defined contribution plans at no cost to employees, which could be up to 10% without any employee contribution? Th...
by slowbutsteady
Fri Jun 09, 2017 7:21 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 13328

Re: Dave Ramsey Financial Peace University ??? worth it?

Quite unfortunate that his 12% (now 10%) returns are pretty lofty and potentially dangerous. Still 12% as of listening a couple days ago. It's easy to average that if you look for good growth stock mutual funds, it's not rocket science according to him. He also doesn't believe in bonds so even reti...
by slowbutsteady
Thu Jun 08, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 13328

Re: Dave Ramsey Financial Peace University ??? worth it?

Quite a few unhelpful Dave Ramsey bashing. He has helped lots of people and those efforts should be commended. I agree with an earlier poster that our sometimes insular thinking here could make one easily forget the financial challenges and reality faced by the vast majority. Most of Dave's teaching...
by slowbutsteady
Wed Jun 07, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 13328

Re: Dave Ramsey Financial Peace University ??? worth it?

I will also vote David Ramsey for getting out of debt and some foundational personal finance education. But Booglehaeds all the way for personal finance and next level of personal finance. My story: I bought the total money makeover about 8 years ago but never got around to finishing it. A few extre...
by slowbutsteady
Mon Jun 05, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 44
Views: 5629

Re: New Milestone

Congratulations! Nothing to sneeze at. Be proud and celebrate this in your own way. Keep up the discipline and habits that got you here and you will go places (networth-wise).
by slowbutsteady
Sat May 27, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 52
Views: 4955

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

Insufficient information to make any informed judgement. What's the business model of insurance company/balance sheet/corporate practices. Companies create and price contracts.l It is not helpful to use generic insurance names for contracts. Contract language matters. Why was insurance purchased? H...
by slowbutsteady
Sat May 27, 2017 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 52
Views: 4955

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

Just to chime in again that we do have a whole life policy, but intend to keep ours permanently. We have ample term policy as well and all our typical tax deffered are maxed out yearly. Overall, it fits with our need and situation. But WL is not for everyone. Most of us are responding to the OP's do...
by slowbutsteady
Fri May 26, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 52
Views: 4955

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

Your second thought suggests you should exit. Your initial conviction or perceived need is weak. Be glad you are lucky to have realize it this early rather than come to the same crossroad in a few years' time.

As others have said, make sure you have adequate term in place before cancelling.
by slowbutsteady
Fri May 26, 2017 6:32 pm
Forum: Investing - Theory, News & General
Topic: Any recommendation on Investment Account Aggregation service?
Replies: 9
Views: 1094

Re: Any recommendation on Investment Account Aggregation service?

I prefer SigFig. I use for brokerage/investmemt accounts only. Love the mobile interface and to me, Personal Capital seems clunky in comparison. Sigfig had some user-wide challenges in updating funds information some weeks back, but all good now. I still use excel as my ultimate tracking tool, but I...
by slowbutsteady
Thu May 18, 2017 8:53 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 16020

Re: For those with $500k-$1m in investments...

Taxable - 0.87%
Investable assets - a bit out of specified range
Ages - 44/43

Can't max out all tax deferred. We max out all typical tax deferred and then some (NQDC), but NQDC allows up to 90% tax deferral. We have to eat.
by slowbutsteady
Tue May 16, 2017 5:22 pm
Forum: Personal Consumer Issues
Topic: Cars: Expense or Asset?
Replies: 84
Views: 6637

Re: Cars: Expense or Asset?

Which view is more accurate? If you don't have much money, it's an "asset." Just like your flat-screen and your blender :D . If you feel compelled to include it as a line item on your net-worth spread sheet, you have too much car, imo. Funny, but I kinda like your take. Gave it some thought, but co...
by slowbutsteady
Fri May 12, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: My plan to use policy loans to fund first five years of retirement
Replies: 61
Views: 4949

Re: My plan to use policy loans to fund first five years of retirement

Currently in our mid 50's, we tentatively plan on retiring at 65. We do not plan on taking Social Security until 70 nor touching retirement accounts until 70-1/2 when RMDs begin. Our current plan, from age 65-70, is to fund about half of our retirement income with loans from our life insurance poli...
by slowbutsteady
Fri May 12, 2017 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum Gain,swinging for the fences
Replies: 65
Views: 6117

Re: Maximum Gain,swinging for the fences

If your goal was to maximize potential gains :oops: with new investment dollars (without regard for loss) between today and 1/1/2021 what would you do with the :moneybag :moneybag :moneybag? 1) Invest 100% in Total Market 2) Invest 100% in Small Cap Value 3) Invest 100% in Emerging Markets 4) Inves...
by slowbutsteady
Wed Mar 15, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 23855

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

Intestesting discussion and a few surprising comments. For us, we aim to keep about 3 months in cash (Ally). It's down currently and looking to build back up soonest. The lost interest/growth is a small portion of our world; and DW appreciates good ol' cash. I'm guessing a few of the responses again...
by slowbutsteady
Fri Feb 17, 2017 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 12784

Re: Bogleheads not the norm?

I think one of the main benefits of Bogleheads is to normalize the behavior of living below your means, avoiding debt, and staying the course with your investments. It can be difficult to stick with these principles when everyone else you know is living paycheck to paycheck, so having a forum full ...
by slowbutsteady
Sun Feb 12, 2017 10:53 pm
Forum: Personal Consumer Issues
Topic: Audi Q7 Reliability
Replies: 79
Views: 17440

Re: Audi Q7 Reliability

5th year and about 60k on our Q7. Overall, reliable. Only issue we had was ac/cooling fans went weak about 45k and was covered by warantee. All other items are standard/well known. Eg engine oil needs topping about once between service, and those large break pads needs replacement every 25 -30k. And...
by slowbutsteady
Sun Feb 12, 2017 9:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 408
Views: 43778

Re: Your USER NAME...what does it mean?

The essence of my life and investment outlook: Slow, but steady and deliberate. Like a tiger hunting a prey - its slow motion is not due to fear, but to patience, steadiness, deliberateness, purpose, and focus.
by slowbutsteady
Sat Jan 28, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: Zacks vs. TheStreet buy/sell recommendations
Replies: 20
Views: 2243

Re: Zacks vs. TheStreet buy/sell recommendations

Bobo, I have tried performance chasing using predictions and expert recommendations too (but with funds, never stocks) and have concluded it's futile. Mostly distractions, waste of time, and money. Some life lessons are better learned from personal experience. Seems we may not be able to dissuade yo...
by slowbutsteady
Fri Jan 20, 2017 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard vs. Fidelity [Customer Service Reputation]
Replies: 73
Views: 7129

Re: Vanguard vs. Fidelity [Customer Service Reputation]

I've called both V and F asking for retirement and portfolio advice several times, and Fidelity won easily, and it's not even close. Cheers. Same consistent experience. I will rate Fidelity a 9/10 and Vanguard a 2/10. Fidelity customers service folks are knowledgeable, polished, and just so on top ...
by slowbutsteady
Tue Jan 10, 2017 8:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 23471

Re: Sad News About a Respected Forum Member

So sad. Ole Meph, Your posts and icon connote the wise old one (sage) that you indeed are. You have helped many of us, especially with regards to insurance education and decisions. You will be missed.
by slowbutsteady
Sat Oct 29, 2016 10:10 pm
Forum: Investing - Theory, News & General
Topic: How much international?
Replies: 80
Views: 10281

Re: How much international?

Staying the course at 35% international. Been that way for about a decade, see no reason to change. That's my approach to geographic diversification. Rest is 30% S&P, 25% mid cap, 10% Bonds.

All the best.
by slowbutsteady
Mon Oct 24, 2016 12:48 pm
Forum: Personal Consumer Issues
Topic: New couch? Please advise.
Replies: 28
Views: 3650

Re: New couch? Please advise.

No experience with electronic recliners. But we've always used Raymour and Flanagan for our non-Ikea needs. R&F's furniture hold up well for most of our needs. A sofa - 15 years in and now is the basement. A modern leather seating set - 6 years thus far - but in lightly used area of home (formal sit...
by slowbutsteady
Thu Oct 13, 2016 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Who is a true Boglehead?!
Replies: 38
Views: 3172

Re: Who is a true Boglehead?!

I am a Bogglehead because I think I am. On a serious note, if one adheres to 70% of the typical lists floating around, you are in. The rest are degrees or shades of "boggleheadedness". And that's what makes this forum interesting and frankly helpful. With due respect to the elders on the forum, I wi...
by slowbutsteady
Fri Sep 30, 2016 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: What you guys do with the bonus
Replies: 59
Views: 6513

Re: What you guys do with the bonus

90% stays in pre-tax deferred comp (NQDC). Spend the rest...usually try to buy something memorable/lasting. Eg once got a camera lens.
by slowbutsteady
Mon Sep 12, 2016 10:23 pm
Forum: Personal Consumer Issues
Topic: Volvo & Audi SUV owners step in here
Replies: 26
Views: 3655

Re: Volvo & Audi SUV owners step in here

Another Q7 owner here. Over 50k miles and about 4 years in, no major issues besides needing 1 or 2 engine oil top-off between annual services. Came from Pilot 2009, nice, reliable, easy/cheap to maintain. The Audi is more comfortable, more creature comforts, and drives waaaay better. I also like fol...
by slowbutsteady
Fri Sep 09, 2016 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: How did your 401k fund grow from 2006 to 2016? please share. did you come out fine for 2008 crash?
Replies: 27
Views: 4869

Re: How did your 401k fund grow from 2006 to 2016? please share. did you come out fine for 2008 crash?

The specific numbers may not help because of the nuances of match, size of match (due to income), asset mix, initial portfolio size in 2006, etc. Hope the posts thus far have given you the main gist of collective experiences during this period: that by holding tight, almost everyone weathered the 20...