Search found 145 matches

by peseta
Mon Aug 03, 2020 9:04 pm
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 273
Views: 12691

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

Thanks for this, Rick. I think this was one of the best episodes you've done. Even though I won't be a buyer, Dr. Pfau did an excellent job distilling down the theory and potential utility of these insurance products better than anyone else I've ever heard. And, you know the podcast was good when it...
by peseta
Mon Aug 03, 2020 8:53 pm
Forum: Personal Investments
Topic: TSP Allocation Advice @ 46
Replies: 10
Views: 1175

Re: TSP Allocation Advice @ 46

3funder wrote:
Mon Aug 03, 2020 10:39 am
Select the appropriate L fund.
Ditto. That's what I am doing, and am in OP's age ballpark. L2035 or L2040. As the great Ron Popeil once said, "Set it and forget it."
by peseta
Thu Jun 25, 2020 6:33 am
Forum: Personal Consumer Issues
Topic: I Got Scammed To Send Amazon Gift Cards
Replies: 139
Views: 12995

Re: I Got Scammed To Send Amazon Gift Cards

Sure they might be technically illegal. Surely there is something which doesn't allow one to do this. But in a practical sense, when there is no one being investigated or prosecuted for these acts, then practically speaking they are not illegal, they are just annoyances one has to deal with in life...
by peseta
Wed Jun 24, 2020 9:09 pm
Forum: Personal Consumer Issues
Topic: Restaurants recommendations
Replies: 73
Views: 5111

Re: Restaurants recommendations

In San Diego, Pizza Port. Especially if you like beer.
by peseta
Wed Jun 24, 2020 9:01 pm
Forum: Investing - Theory, News & General
Topic: Which is the best "Die Broke" book?
Replies: 17
Views: 2228

Re: Which is the best "Die Broke" book?

Pollan's "Die Broke" is an excellent book (even all these years later), but I think of it more as a general personal finance book than a manual on how to actually die broke (provocative title aside).
by peseta
Mon Jun 15, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Who ever follows the “Top-Ranked” Financial Advisors on the radio?
Replies: 38
Views: 3251

Re: Who ever follows the “Top-Ranked” Financial Advisors on the radio?

....and the 2 hour Sunday commercial every week. I listen to Ric and locally to Paul and Larry Welch on Saturday night. Typically only if I'm in the garage or driving, however. When home, I watch old Seinfeld episodes or tune in to American Pickers. I consider all of these to be entertainment and n...
by peseta
Thu Jun 04, 2020 1:49 pm
Forum: Personal Consumer Issues
Topic: What cellphone plan do you recommend?
Replies: 60
Views: 3884

Re: What cellphone plan do you recommend?

AT&T prepaid. $25/mo. for 8 GB if you pay for a year in advance:

https://www.att.com/prepaid/12-month-offer/

Service quality has been excellent. I've been on both Mint and Visible before, this has been better.
by peseta
Wed Jun 03, 2020 1:15 pm
Forum: Personal Investments
Topic: How to allocate 529 funds?
Replies: 12
Views: 1050

Re: How to allocate 529 funds?

We do what Larry Swedroe recommended awhile back. 70/30 until 10 years out from school, then reduce stock by 10% until 3 years out, then transition bonds to cash. As our children are young, we're 70/30 for a bit of time yet. We don't do age-adjusted for two reasons: (1) they seem a bit aggressive fo...
by peseta
Tue Jun 02, 2020 9:53 pm
Forum: Personal Consumer Issues
Topic: Anyone Install MOCA for fios speed?
Replies: 27
Views: 1238

Re: Anyone Install MOCA for fios speed?

What mesh do you have? Sounds like the issue could be latency related to the backhaul (communications back from the extenders to the main mesh router). Netgear Orbis are the only product on the market that have a separate channel for backhaul; other products do backhaul over the main channel. If you...
by peseta
Mon Jun 01, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: northern Delaware versus southern NJ for retirement
Replies: 41
Views: 3398

Re: northern Delaware versus southern NJ for retirement

I am looking at two Ryan Homes 55+ communities in southern NJ. One is in Clarksboro and the other is in Swedesboro. They aren't that far apart distance-wise. Do you know much more about these two towns? I don't know too much, I'm afraid (I haven't lived in NJ in 2 decades). I have been to Swedesbor...
by peseta
Fri May 29, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: northern Delaware versus southern NJ for retirement
Replies: 41
Views: 3398

Re: northern Delaware versus southern NJ for retirement

My parents live in a retirement community in southern NJ and like it. Note that many of the 55+ communities in NJ are in jurisdictions that have decently low property taxes — some have even worked out an arrangement where their residents don’t have to pay to fund the schools, since children are not ...
by peseta
Sun May 24, 2020 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Two kids, how to divide 529 allocation?
Replies: 11
Views: 1483

Re: Two kids, how to divide 529 allocation?

Thanks so much everyone for the thoughtful replies! I really appreciate it. Based in the consensus, we'll just keep it 50-50 and transfer between later if needed.
by peseta
Sun May 24, 2020 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Two kids, how to divide 529 allocation?
Replies: 11
Views: 1483

Two kids, how to divide 529 allocation?

I have two young kids separated by two years. We intend to superfund the accounts this year, and are planning to fund each child up to the cost of 4-year in-state school, then save taxable on top of that. We are good with our plan and asset allocation, except for one thing. How should we allocate th...
by peseta
Thu Apr 16, 2020 1:44 pm
Forum: Personal Consumer Issues
Topic: Pixel 3a or Wait for New Iphone?
Replies: 35
Views: 1598

Re: Pixel 3a or Wait for New Iphone?

I have a Pixel 3a and it's a very nice phone. I'm happy I bought it a year ago. That said, if I were purchasing something new today, I would get the new SE in a second. It's a real bargain. The camera should be at least very good and it even has wireless charging (which the 3a doesn't have).
by peseta
Fri Apr 10, 2020 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: CARES Payroll Protection Program From Employee Standpoint
Replies: 35
Views: 2017

Re: CARES Payroll Protection Program From Employee Standpoint

If the monthly payroll was $200,000 during the look back period, then the loan amount would have been $500,000 (2.5x). You have to maintain the same number of employees and not cut any employee's payroll by more than 25%. I assume for purposes of counting them as a FTE then, if you reduce an employ...
by peseta
Fri Apr 10, 2020 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: CARES Payroll Protection Program From Employee Standpoint
Replies: 35
Views: 2017

Re: CARES Payroll Protection Program From Employee Standpoint

Not exactly. The June 30 thing has to do with people being laid off and re-hired. With regard to wage reduction, we are comparing wages during "the covered period" (which is the 8-week period beginning on the date of the origination of a covered loan) to wages during the most recent full quarter du...
by peseta
Wed Apr 01, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance doesn't make sense if you are doing after long time period
Replies: 6
Views: 870

Re: Refinance doesn't make sense if you are doing after long time period

If you have 20 years left on a 30-year loan, you can refinance to a 20-year loan, or if your lender doesn't offer that, you can refinance to a 30-year loan and pay extra every month to clear the loan in 20 years. If you do that, your savings are easier to measure: you save the difference between th...
by peseta
Wed Apr 01, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance doesn't make sense if you are doing after long time period
Replies: 6
Views: 870

Re: Refinance doesn't make sense if you are doing after long time period

If you have 20 years left on a 30-year loan, you can refinance to a 20-year loan, or if your lender doesn't offer that, you can refinance to a 30-year loan and pay extra every month to clear the loan in 20 years. If you do that, your savings are easier to measure: you save the difference between th...
by peseta
Mon Mar 16, 2020 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 301
Views: 46651

Re: 30 year mortgage under 3%

Following-up on an earlier post. I had a 3.25% 30-year jumbo refi locked with a lender with closing costs and no origination fee, application in process. Thursday, I got a call from my current lender, telling me I'd be getting a FedEx with an offer. Arrived today, the current lender offered to reduc...
by peseta
Wed Mar 04, 2020 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: In loan processing, can I back out?
Replies: 4
Views: 476

Re: In loan processing, can I back out?

Thanks for the info. One question: why would a lender then lock a rate on a refinance? Seems to be lose-lose for them. They are stuck if rates go up, but borrower can just go elsewhere if they fall.
by peseta
Wed Mar 04, 2020 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: In loan processing, can I back out?
Replies: 4
Views: 476

In loan processing, can I back out?

I'm currently in loan processing for a 30-year refi. I locked rate at 3.25%. They have all my paperwork. Now, rates have plunged further. Lender will float-down, but spread needs to be 100 basis points, not close to that. Can I back out? There is an origination fee they are waiving, but it might eve...
by peseta
Mon Mar 02, 2020 3:30 pm
Forum: Personal Investments
Topic: 45, ~15 years left, wondering about best TSP allocation
Replies: 8
Views: 1348

Re: 45, ~15 years left, wondering about best TSP allocation

I am in the same age range as you and am all in L2040. I haven't thought about touching it so far in this downturn. I like the simplicity.
by peseta
Wed Feb 26, 2020 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 301
Views: 46651

Re: 30 year mortgage under 3%

I have a question. When people refinance for 'zero costs/no origination fee' does it really mean you paid nothing to refinance? What about things like recording fee, appraisal, lender's title insurance, etc. all these extra things I had to pay for when getting my first mortgage? Are people able to ...
by peseta
Wed Feb 26, 2020 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 301
Views: 46651

Re: 30 year mortgage under 3%

Just locked 30-year fixed refinance at 3.25% fixed, no points/origination fee. First Mortgage Direct. Could also do 15-year at 2.75%. 30-year for only a .5% premium seemed worth it to me for the optionality.
by peseta
Mon Feb 10, 2020 4:07 pm
Forum: Personal Investments
Topic: Pay off 3.875% Mortgage?
Replies: 30
Views: 3519

Re: Pay off 3.875% Mortgage?

Thanks everyone. I was thinking of trying to pay off in about the next 10-15 years. Sounds like consensus is max out my wife and my retirement first via Roth contribution? Consider refinancing to 15 years to get a lower interest rate, as long as you can do this and still max out the Roths. +1 This ...
by peseta
Thu Feb 06, 2020 9:44 am
Forum: Personal Investments
Topic: SIMPLE IRA or stay in ridiculous 403(b)
Replies: 10
Views: 667

Re: SIMPLE IRA or stay in ridiculous 403(b)

We are going to leave things be. Thanks to everyone (especially krow36) for their help!

Re: the post about Fidelity, they would be another option for a SIMPLE IRA. The employer is unfortunately too small for their small business 401k (requires 20+ employees).
by peseta
Wed Feb 05, 2020 9:34 pm
Forum: Personal Investments
Topic: SIMPLE IRA or stay in ridiculous 403(b)
Replies: 10
Views: 667

Re: SIMPLE IRA or stay in ridiculous 403(b)

Comparing a low-cost SIMPLE IRA to an expensive 403b annuity for a short time is different isn’t it? Since the SIMPLE IRA would not include 2020 contributions, and the maximum SIMPLE contributions are significantly less than the maximum 403b contributions, I don’t think I’d bother trying to change....
by peseta
Wed Feb 05, 2020 11:14 am
Forum: Personal Investments
Topic: SIMPLE IRA or stay in ridiculous 403(b)
Replies: 10
Views: 667

Re: SIMPLE IRA or stay in ridiculous 403(b)

Yes, a SIMPLE IRA would be much better than an annuity-based 403b plan. Is the employer open to changing? I believe that the SIMPLE IRA would have to start Jan 1, 2021 and the paperwork to start it would be passed to employees in late Oct. So there's time to make the case and change minds. There is...
by peseta
Tue Feb 04, 2020 10:33 pm
Forum: Personal Investments
Topic: SIMPLE IRA or stay in ridiculous 403(b)
Replies: 10
Views: 667

Re: SIMPLE IRA or stay in ridiculous 403(b)

ResearchMed wrote:
Tue Feb 04, 2020 9:39 pm
Is there a match? At the least, don't let that free money get away.
Sorry, had a gremlin with original post, now fixed.
by peseta
Tue Feb 04, 2020 9:35 pm
Forum: Personal Investments
Topic: SIMPLE IRA or stay in ridiculous 403(b)
Replies: 10
Views: 667

SIMPLE IRA or stay in ridiculous 403(b)

My spouse’s employer is a small nonprofit. They have a ridiculous 403(b) with an insurance company. Expense ratios start at 1.57% for a TSM clone and go up from there. My spouse tried to convince the boss to move to a low-cost 401(k) provider like Employee Fiduciary. That failed because the insuranc...
by peseta
Sun Dec 29, 2019 9:33 pm
Forum: Personal Consumer Issues
Topic: Visible wireless. Any experience?
Replies: 20
Views: 2572

Re: Visible wireless. Any experience?

I also found data speeds were very degraded compared to Verizon. I believe that Visible is heavily deprioritized when there is network congestion. This happens frequently where I live (DC area), because Verizon is popular here and is the carrier of choice for most government agencies. I bought when ...
by peseta
Thu Nov 21, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Equal Inheritance for Children
Replies: 109
Views: 11079

Re: Equal Inheritance for Children

As others have observed, once you begin making "advance bequests," there's no easy way to guarantee ensure "evening-up" in the future estate. Here's an example. Relative sold her house to move into an in-law suite in child's new house, and the sale proceeds put down a lot of the down payment. Will s...
by peseta
Fri Nov 15, 2019 12:33 pm
Forum: Personal Consumer Issues
Topic: Bigger car for baby?
Replies: 62
Views: 3179

Re: Bigger car for baby?

And for those asking, I'm 38, have a professional career that earns ~$400K per year and am a millionaire. $30K really isn't very much money for a car for us--I would be paying cash--no new debt. I didn't say that because others might say "well then it seems like you can afford it so go ahead" but I...
by peseta
Fri Nov 15, 2019 12:20 pm
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 76
Views: 6984

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

What's funny is that the answer may be "yes" to the question if it's flipped around: "Is this historic bull market run responsible for the FIRE movement?"

:happy
by peseta
Tue Nov 12, 2019 9:35 pm
Forum: Personal Investments
Topic: What’s in your TSP?
Replies: 47
Views: 3824

Re: What’s in your TSP?

100% L2040. We mirror it with similar target funds in other accounts. Keep it simple.
by peseta
Mon Nov 04, 2019 12:27 pm
Forum: Personal Consumer Issues
Topic: Cell phone service
Replies: 21
Views: 1883

Re: Cell phone service

I tried Visible and am not a fan. Way too much data depriortization. I live in the DC area, where most government phones use Verizon, so your experience may be different in another city. The good news is that they were giving away a $100 gift card to try 2 months' service, so it wasn't a total loss....
by peseta
Mon Nov 04, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should Chinese wife keep her China Citizenship?
Replies: 15
Views: 1882

Re: Should Chinese wife keep her China Citizenship?

I wouldn't rely on the advice on this board to make a decision (talk to a good immigration attorney!), and I know just enough to be dangerous on this issue (a bit of related family experience), but . . . I would not give up an opportunity for a Chinese national LPR to get a blue passport, especially...
by peseta
Mon Nov 04, 2019 12:14 pm
Forum: Investing - Theory, News & General
Topic: Upcoming Nov. "Bogleheads on Investing" podcast guest is Eric Balchunas
Replies: 12
Views: 1349

Re: Upcoming Nov. "Bogleheads on Investing" podcast guest is Eric Balchunas

Thanks, Rick. One suggestion: Why did target-date ETFs die, and will they ever come back (especially in light of the fact that target-date mutual funds tend to have higher expense ratios than the component funds "inside" do)?

peseta
by peseta
Sun Nov 03, 2019 9:13 pm
Forum: Personal Investments
Topic: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?
Replies: 17
Views: 2537

Re: Is there a typical age (or years until retirement) where Roth IRA stops making sense vs pre-tax (401k)?

You hear "experts" say from time to time that you should do Roth when young, and traditional when old. That's incomplete at best. As Ben Mathew points out, the math doesn't change the older you get. Folks say this probably as an oversimplification: the older you are, the more money you are likely to...
by peseta
Wed Oct 16, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?
Replies: 72
Views: 5890

Re: Offered 18-Month, 0% interest loan w/2% fee. Should I take the loan and invest or pass on the offer?

This thread is interesting to read in light of the frequent "should I pay down my mortgage" threads on this board, and the famous (and oft-quoted here) Dave Ramsey turning-it-on-its-head responsive question, "Would you borrow money at [mortgage rate]% to invest in the stock market?"

peseta
by peseta
Tue Oct 15, 2019 8:54 pm
Forum: Personal Investments
Topic: Retirement Portfolio Help (ROTH with Vanguard and TSP)
Replies: 9
Views: 948

Re: Retirement Portfolio Help (ROTH with Vanguard and TSP)

Not sure why you have money in the L2050 and in other funds. The lifecycle funds are target funds and the idea is to put everything in the fund, otherwise it defeats the purpose. As a fellow fed, I do things a bit differently. I have all my family's funds in either the applicable workplace lifecycle...
by peseta
Sat Oct 05, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Fidelity 2FA with google voice not working
Replies: 15
Views: 1878

Re: Fidelity 2FA with google voice not working

The irony is that a 2FA text sent to a Google Voice number is probably safer than one sent to a regular mobile number. GV numbers may be better-protected from SIM swap scams:

https://www.fastcompany.com/90349705/ho ... -much-more

peseta
by peseta
Sat Oct 05, 2019 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: What Benefits to Expect for new Fed employee?
Replies: 72
Views: 5791

Re: What Benefits to Expect for new Fed employee?

Matigas wrote:
Fri Oct 04, 2019 9:58 pm
Expect to be rewarded for mediocrity.
Not every agency or mission fits your blunt stereotype. The one I work for does not.

peseta
by peseta
Sat Oct 05, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1374

Re: Fed Employee Disability Ins.?

tj wrote:
Fri Oct 04, 2019 9:26 pm
Which disability insurance company do you use?
Berkshire/Guardian. In my case, the premiums offered by various companies were real close, so I went with the one with the best reputation (so I hear).

peseta
by peseta
Fri Oct 04, 2019 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1374

Re: Fed Employee Disability Ins.?

Your link was helpful, thank you. I don’t fully understand the calculation of 40% of high 3 less 60% SSDI. Keeping things round, if my salary is $100k, then I will get $40k from FERS less 60% of SSDI. So if I wouldn’t receive any SSDI, then I’d still receive $40k, am I right? If a person doesn’t qu...
by peseta
Fri Oct 04, 2019 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1374

Re: Fed Employee Disability Ins.?

(Sorry for thread-jacking. I tried PM'ing Peseta but it didn't work for some reason. Peseta, feel free to PM me. Thanks!) Sent you a PM. Also, I think the White Coat Investor's general guide to disability is the best I've seen out there: https://www.whitecoatinvestor.com/what-you-need-to-know-about...
by peseta
Fri Oct 04, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 2110

Re: Public Service Loan Forgiveness - Non Profit employees

As campy points out above, if your income is too high, your payment will be set so high in the program that your loans would get paid off before the 10-year mark. This is not true under the income based repayment plan. If you income is too high you will be billed under the standard 10 year payment ...
by peseta
Fri Oct 04, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 2110

Re: Public Service Loan Forgiveness - Non Profit employees

As campy points out above, if your income is too high, your payment will be set so high in the program that your loans would get paid off before the 10-year mark. Assuming this isn't the case, one strategy that I've heard the White Coat Investor and others suggest is to first figure out how much you...
by peseta
Fri Oct 04, 2019 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Fed Employee Disability Ins.?
Replies: 22
Views: 1374

Re: Fed Employee Disability Ins.?

I posted a question related to this topic recently: https://www.bogleheads.org/forum/viewtopic.php?t=290177 FWIW, I think the FERS benefit is inadequate, especially if you are a GS-14 or 15 and/or the primary breadwinner in your household. Long-term, feds give you 40% of high-3 minus 60% of SSDI (wh...
by peseta
Wed Sep 11, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Federal employee disability worth it? (redux)
Replies: 3
Views: 674

Re: Federal employee disability worth it? (redux)

Thanks for the very helpful replies. I decided to shop this in the private marketplace and I can indeed shave a few hundred dollars off the premium, plus that amount wouldn't get reduced by FERS or SSDI. I will probably go in that direction. My quotes have a 365-day waiting period because of my bank...