Search found 3518 matches

by greg24
Tue Aug 20, 2019 3:32 pm
Forum: Personal Investments
Topic: 7 years till child attends college...
Replies: 32
Views: 1939

Re: 7 years till child attends college...

We are maximizing our 401k and Roth contributions. We put a small amount in a 529, and our oldest is closer to college than yours. 529s are limited. Their tax advantages are less than a 401k or Roth. Their investment choices are limited. Kids may not go to college. If the kids go to college, we'll d...
by greg24
Tue Aug 20, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: reactivating credit card
Replies: 13
Views: 711

Re: reactivating credit card

Why? Do you need a high credit score right now?

A few years ago, we closed an old but unused credit card account. Our credit score went down 20 or 30 points. A few months later, it went back up.

Either way, we weren't shopping for loans, so it didn't matter.
by greg24
Tue Aug 20, 2019 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Choosing Between Jobs (Career Advice)
Replies: 21
Views: 657

Re: Choosing Between Jobs (Career Advice)

Position 1: 10 minute commute (roundtrip) from residence with a salary of 97k; maxed out salary and no room for advancement/promotion. Position 2: 120 minute commute (roundtrip) from residence with a salary of 92k; entry level salary with room for growth and advancement after a year in the position...
by greg24
Mon Aug 19, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 40
Views: 3232

Re: Anyonw driving Uber for fun and pocket money in retirement?

A friend of mine tried it out. Figured he'd make a few bucks in his free time.

He found that being an independent contractor, receiving a 1099, and the other tax headaches were a way bigger issue than a few bucks was worth.
by greg24
Fri Aug 16, 2019 4:10 pm
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 4899

Re: Is this 25% savings?

Calico wrote:
Wed Aug 14, 2019 6:40 pm
I just didn't like the idea of embarrassing everyone in a group. I felt that one-on-one would make things a little more "friendly."
Well played, sir.
by greg24
Thu Aug 15, 2019 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: When to move into retirement
Replies: 72
Views: 5340

Re: When to move into retirement

There is always uncertainty in the world.

Many get caught up with One More Year for such concerns.
by greg24
Thu Aug 15, 2019 10:15 am
Forum: Investing - Theory, News & General
Topic: Why is market timing bad in this case?
Replies: 52
Views: 3150

Re: Why is market timing bad in this case?

Adonis wrote:
Thu Aug 15, 2019 2:46 am
hold the 60% in the HISA until equities are cheap.
If you made this choice in 1996, you would still be waiting.

23 years out of equities. Are you ready to do that?
by greg24
Thu Aug 15, 2019 10:05 am
Forum: Investing - Theory, News & General
Topic: Why is market timing bad in this case?
Replies: 52
Views: 3150

Re: Why is market timing bad in this case?

Assuming 10% annual returns until recession hits, with a 20% drop in equities, we get: The market doesn't behave like an actuarial table. You can't project returns, or a drop, or the timing of a drop, or a magnitude of the drop. You're gonna get bit. The market can remain irrational longer than you...
by greg24
Wed Aug 14, 2019 2:11 pm
Forum: Personal Investments
Topic: TIAA Retirement Planning
Replies: 13
Views: 810

Re: TIAA Retirement Planning

My 403b is TIAA along with Vanguard fund offerings. On the equity side, I'm in TSM, Total International, and I throw in some Small/Middle. I split my fixed income between TIAA Traditional and Vanguard TBM. TIAA Traditional is great but you should understand the long withdrawal period required by the...
by greg24
Wed Aug 14, 2019 12:56 pm
Forum: Personal Investments
Topic: what to buy in this market
Replies: 15
Views: 1708

Re: what to buy in this market

Total Stock Market
Total Bond Market
Total International
by greg24
Wed Aug 14, 2019 12:55 pm
Forum: Personal Investments
Topic: TIAA Retirement Planning
Replies: 13
Views: 810

Re: TIAA Retirement Planning

Is this a 403b account through your employer? What investment options do you have?
by greg24
Tue Aug 13, 2019 1:21 pm
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 4899

Re: Is this 25% savings?

I'm shocked that the marketing team can't do 4th grade math.

:oops:
by greg24
Sat Aug 10, 2019 11:51 pm
Forum: Personal Investments
Topic: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?
Replies: 67
Views: 6189

Re: I'm 31, and 95% stocks. Given economy indicators, would moving 20-30% to BND be "timing"?

TheBogleWay wrote:
Sat Aug 10, 2019 8:36 pm
I like being 95% stocks. Again I'm 31, income is very strong, and my portfolio is now just a hair above $1m so I should be ok in mostly equities.
A market drop could very well be your friend. I'm assuming you'll be using your strong income to continue buying equities if they drop.
by greg24
Sat Aug 10, 2019 10:12 pm
Forum: Personal Consumer Issues
Topic: Santa Fe lane centering vs. Ford Co-Pilot
Replies: 24
Views: 1156

Re: Santa Fe lane centering vs. Ford Co-Pilot

We're driving a rental non-hybrid RAV4 right now. I am not a huge fan of the lane assist. I feel it keeps me way too close to the center line in the lane, rather than shaded towards the shoulder.

I like the adaptive cruise control a lot better than the lane assist.
by greg24
Mon Aug 05, 2019 4:55 pm
Forum: Personal Investments
Topic: Ally & Marcus Dropping Some Interest Rates (Title Edited 8-8-19)
Replies: 59
Views: 8235

Re: Ally Dropping Interest Rate on their Online Savings Account 8-6-19

Vanguard Prime Money Market Fund current 7-day yield is 2.24%.
by greg24
Mon Aug 05, 2019 1:45 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12571

Re: Buy During This Dip?

Yes, there are people on the board who think buying on the dip is a good idea.

You should search the forum for Really Bad Day.
by greg24
Mon Aug 05, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: Daycare does not allow staff to babysit
Replies: 21
Views: 1676

Re: Daycare does not allow staff to babysit

It would be 1000% legal for you to hire one of their staff members to babysit.

But they could get fired for it.
by greg24
Mon Aug 05, 2019 1:39 pm
Forum: Personal Investments
Topic: My "Timing the Market" Experiment
Replies: 55
Views: 5290

Re: My "Timing the Market" Experiment

This isn't even an experiment. It is just randomly buying and selling.
by greg24
Fri Aug 02, 2019 1:55 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 210
Views: 9874

Re: Insane to buy a sports car?

Given your financial and life statuses, you should buy a sports car yesterday.
by greg24
Fri Aug 02, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee Burn or Sick Leave [before retirement]
Replies: 87
Views: 5889

Re: Federal Employee Burn or Sick Leave [before retirement]

Federal sick leave is not just for when an employee is sick. Applicable uses: - personal medical needs - family care or bereavement - care of a family member with a serious health condition - adoption-related purposes I have been fortunate enough to have a generous sick policy in my position. Since ...
by greg24
Fri Aug 02, 2019 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Do we move or add-on? Need some grounding...
Replies: 37
Views: 1797

Re: Do we move or add-on? Need some grounding...

It sounds like the life you've created together is in a really really really good situation.

Close to parents and family, great lot, great location, great schools, great neighbors, wife is able to stay at home.

And you want to upset everything for some extra closet space?
by greg24
Fri Aug 02, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Complacency
Replies: 77
Views: 6132

Re: Boglehead Complacency

hdas wrote:
Thu Aug 01, 2019 4:25 pm
>> lack of anxiety despite the ~80 handles drawdown we find ourselves in.
What does this mean?
hdas wrote:
Thu Aug 01, 2019 4:25 pm
>> 3000 round number shenanigans
What does this mean?
hdas wrote:
Thu Aug 01, 2019 4:25 pm
>> August-October seasonal weakness
What does this mean?
by greg24
Thu Aug 01, 2019 3:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard promoting their Actively managed funds
Replies: 54
Views: 4076

Re: Vanguard promoting their Actively managed funds

The core philosophy has been low costs first, followed by index funds second.

As long as their actively managed funds have low costs, I have no problem with it.
by greg24
Thu Aug 01, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Is roof warranty still valid? Owner sold company a year ago
Replies: 11
Views: 669

Re: Is roof warranty still valid? Owner sold company a year ago

I bought some Toyota stock as part of an index fun purchase today.

Did my auto warranty suddenly become invalid?
by greg24
Wed Jul 31, 2019 3:42 pm
Forum: Personal Investments
Topic: Stop myself from making bad trades
Replies: 35
Views: 2469

Re: Stop myself from making bad trades

I don't know why people call it a "fun account" to lose money.

That is the opposite of fun to me.
by greg24
Wed Jul 31, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Does the cost of children actually go down once the daycare comes off the books?
Replies: 35
Views: 1817

Re: Does the cost of children actually go down once the daycare comes off the books?

My kids are 12 and 16. Our costs definitely went down. I really question those who claim their expenses go up. I think most of them are going with feeling over hard data. My kids played sports in local leagues. They played instruments with the school band. They had lots of activities that didn't cos...
by greg24
Wed Jul 31, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Bloomberg: Forget Tech, Medicine Still Pays More
Replies: 124
Views: 9003

Re: Bloomberg: Forget Tech, Medicine Still Pays More

The only worthwhile point of debate on this is that mom needs to back off.
by greg24
Wed Jul 31, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 157
Views: 9713

Re: Ethics of "bonus payback" when quitting a job

JackoC wrote:
Wed Jul 31, 2019 8:38 am
Anyway unless/until the company formally demands the money back
They delivered a separation letter where they reminded him they expected the money.
by greg24
Wed Jul 31, 2019 9:51 am
Forum: Personal Investments
Topic: Father investing with Edward Jones
Replies: 43
Views: 4411

Re: Father investing with Edward Jones

Stinky wrote:
Wed Jul 31, 2019 5:29 am
Tell your father that he's paying about THIRTY THOUSAND DOLLARS per year to keep his money at Edward Jones. That is probably the biggest single item in his household budget.
+9999
by greg24
Tue Jul 30, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 157
Views: 9713

Re: Ethics of "bonus payback" when quitting a job

coalcracker wrote:
Tue Jul 30, 2019 12:53 pm
To clarify (and perhaps change opinions), he did receive a letter stating terms of departure which included a line like: "corporation will be expecting repayment of $xx,xxx bonus by the last day of your employment."
For those who are saying the company needs to ask him to pay it....
by greg24
Tue Jul 30, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 157
Views: 9713

Re: Ethics of "bonus payback" when quitting a job

If his contract stipulates repayment if he leaves, it would be unethical to attempt to avoid repayment.
by greg24
Mon Jul 29, 2019 1:40 pm
Forum: Personal Investments
Topic: Buying Amazon Stock
Replies: 28
Views: 3401

Re: Buying Amazon Stock

I recommend you buy more TSM rather than a single share of Amazon stock.
by greg24
Sun Jul 28, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Marcus has "No Penalty CD" @ 2.35%
Replies: 9
Views: 1074

Re: Marcus has "No Penalty CD" @ 2.35%

Vanguard Prime Money Market is yielding 2.27%.
by greg24
Thu Jul 25, 2019 10:17 am
Forum: Personal Investments
Topic: Bond Fund Downside Risk when Interest Rates Rise
Replies: 19
Views: 1564

Re: Bond Fund Downside Risk when Interest Rates Rise

Lots of yield has been lost over the past decade by those who shortened duration to avoid losses.
by greg24
Thu Jul 25, 2019 9:08 am
Forum: Personal Finance (Not Investing)
Topic: How do you deal with looking bad compared to others?
Replies: 77
Views: 5098

Re: How do you deal with looking bad compared to others?

If your kids are feeling the sting, make sure you talk to them about it afterwards. Reiterate your values and why you live your lifestyle.

And point out that it is not right for people to judge others and particularly not right to make comments out loud about it.
by greg24
Wed Jul 24, 2019 3:58 pm
Forum: Personal Investments
Topic: Laid Off - Want to Retire / Am I OK
Replies: 145
Views: 18480

Re: Laid Off - Want to Retire / Am I OK

You can absolutely retire.
by greg24
Wed Jul 24, 2019 2:50 pm
Forum: Personal Investments
Topic: Teenage Son Wants to Start Investing
Replies: 27
Views: 1620

Re: Teenage Son Wants to Start Investing

I'm trying to learn this stuff myself... I'm assuming the OP would want his child to contribute to a Roth IRA given his low current tax bracket. So how would he be able to get a credit on his taxes for this Roth IRA contribution? A Roth IRA wouldn't save anything on his current taxes. A Traditional...
by greg24
Wed Jul 24, 2019 2:44 pm
Forum: Personal Investments
Topic: Teenage Son Wants to Start Investing
Replies: 27
Views: 1620

Re: Teenage Son Wants to Start Investing

His investing journey should NOT begin with an attempt to time the market.

Opening a Roth IRA with Total Stock Market as the core fund is an excellent choice.
by greg24
Wed Jul 24, 2019 2:04 pm
Forum: Personal Consumer Issues
Topic: Someone at Citibank signed up for an account, then listed my email address..
Replies: 31
Views: 2248

Re: Someone at Citibank signed up for an account, then listed my email address..

Let's assume for the moment, you're a hacker that has compromised a customer's email address. You call into Citibank requesting information on a customer's account without providing identification. You then ask Citibank to remove the current email address from one of their customer's account. You c...
by greg24
Wed Jul 24, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Uber Without Smartphone
Replies: 103
Views: 7113

Re: Uber Without Smartphone

A smart phone would allow you to visit your wife more often, which is probably the best way you can spend your money.

Good luck.
by greg24
Wed Jul 24, 2019 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Creative, "outside the box" to lower auto expenses?
Replies: 63
Views: 3478

Re: Creative, "outside the box" to lower auto expenses?

You want "outside the box" ideas, but refuse to drop from two cars to one?

Drop to one car. Everything else is trivial compared to halving your car fleet.
by greg24
Wed Jul 24, 2019 10:43 am
Forum: Personal Investments
Topic: retiring at 45 with minimal expenses
Replies: 20
Views: 2780

Re: retiring at 45 with minimal expenses

You are 10 years from an unfunded very early retirement. The steps you can take now is to save as much money as you can. You need to invest the maximum in your TSP. Maximize your Roth IRA. Open a taxable account and invest in a Total Stock Market index fund. Once you get closer to 45 you can start t...
by greg24
Wed Jul 24, 2019 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Feel like we are spinning our wheels (financially speaking). How far behind are we?!
Replies: 63
Views: 6452

Re: Feel like we are spinning our wheels (financially speaking). How far behind are we?!

You are doing better than most. You are behind the "super savers" you see on this board, but that isn't anything to be ashamed about. You bought two reasonably-priced new cars. No big deal. Just be sure to drive them a long time. Continue saving. You're doing fine. If home ownership is important to ...
by greg24
Fri Jul 19, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: NYT Article: Safe Deposit Boxes Aren't Safe
Replies: 96
Views: 8356

Re: NYT Article: Safe Deposit Boxes Aren't Safe

While I've never really thought about the risks of our SDB, it is good to know that we have basically zero protection if something were to happen to it.
by greg24
Wed Jul 10, 2019 9:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 1431
Views: 139935

Re: S&P 500 hit 3,000 today

In hexidecimal, it hit BB8.

Image
by greg24
Tue Jul 09, 2019 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Employers asking salaries
Replies: 47
Views: 6012

Re: Employers asking salaries

I don't agree with this so I won't be doing it. The problem is you don't know what their number is, if you knew then I'd agree. Here's the problem: let's say their number is $100k your current salary is $80k your number is $90k So following your method above you just lost out on $10k since the comp...
by greg24
Mon Jul 08, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any place you can buy a house for 50k west of Kansas?
Replies: 27
Views: 3845

Re: Is there any place you can buy a house for 50k west of Kansas?

Is your search limited to the US?

Canada? Mexico?
by greg24
Mon Jul 08, 2019 9:39 am
Forum: Personal Investments
Topic: Anyone itching to dabble in crypto?
Replies: 46
Views: 3118

Re: Anyone itching to dabble in crypto?

XRP-Ripple is in my top 2000 favorite crypto currencies.
by greg24
Fri Jul 05, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Wealthfront Cash Account Application Asking too many personal questions?
Replies: 39
Views: 3556

Re: Wealthfront Cash Account Application Asking too many personal questions?

DO NOT give them your login and password for other accounts.

This is one reason why I don't run around opening credit card accounts or checking accounts for short term bonuses. Every interaction is another data exposure.