Search found 3112 matches

by greg24
Fri Aug 17, 2018 2:45 pm
Forum: Investing - Theory, News & General
Topic: Is President Jimmy Carter a Boglehead?
Replies: 22
Views: 1688

Re: Is President Jimmy Carter a Boglehead?

Sounds like a Boglehead:

His farmhouse youth during the Great Depression made him unpretentious and frugal. His friends, maybe only half-joking, describe Carter as “tight as a tick.”
by greg24
Fri Aug 17, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Fund
Replies: 13
Views: 852

Re: Stable Value Funds vs Bond Fund

I split my 401k fixed income allocation, with half in total bond market and half in a stable value fund (TIAA Traditional).
by greg24
Wed Aug 15, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Time for new phone, Buy or Lease?
Replies: 30
Views: 1827

Re: Time for new phone, Buy or Lease?

So you can lease for 18 months for $504 or purchase for $650.

Given that you've hard your current phone for 4+ years, I think this new phone will have at least $146 of value at the end of 18 months.

You should purchase.
by greg24
Wed Aug 15, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation
Replies: 10
Views: 628

Re: Compensation negotiation

Pick his dream salary and add 10 or 20%. Let them anchor off your number.
by greg24
Wed Aug 15, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Sidewalk repair - price in line?
Replies: 32
Views: 1920

Re: Sidewalk repair - price in line?

Our town comes around and marks sidewalk sections that need replacing. They are roughly 3" by 5". Everything I've read/heard around town is that finding a contractor to come replace one sidewalk rectangle is nearly impossible. Such a small job isn't worth their time. Supposedly the best way to handl...
by greg24
Tue Aug 14, 2018 2:55 pm
Forum: Personal Consumer Issues
Topic: Verizon sending me two bills and I can't change my name with them
Replies: 10
Views: 967

Re: Verizon sending me two bills and I can't change my name with them

Tweet your complaints. Companies hate a broadcast of their problems.
by greg24
Mon Aug 13, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help explain TIAA Traditional to me
Replies: 20
Views: 1408

Re: Help explain TIAA Traditional to me

I'm lucky in that my 403b contains TIAA Traditional and Vanguard TBM index funds.

I use a 60/40 AA, and I put my fixed income allocations in these two holdings, 50% in each.
by greg24
Mon Aug 13, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor Mandatory?
Replies: 36
Views: 3105

Re: Financial Advisor Mandatory?

Nissanzx1 wrote:
Sun Aug 12, 2018 11:16 am
The advisor recommended to keep their high Balance student loans (male half is PhD) and even just recommended a car loan (if you can imagine).
....
they pay 3.5% per year for their 2 advisors.
!!!!RUN AWAY!!!!
by greg24
Fri Aug 10, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8356

Re: The Bigger Story: Fidelity Expense Ratios

pokebowl wrote:
Fri Aug 10, 2018 11:49 am
Others have brought up the lower ER not being worth it, however it only takes 2 minutes of mouse clicking to achieve it. Worth it in my opinion.
It would take much much longer than 2 minutes to move several accounts from Vanguard to Fidelity, change automated ACH, etc. At a minimum, hours.
by greg24
Fri Aug 10, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: The Bigger Story: Fidelity Expense Ratios
Replies: 91
Views: 8356

Re: The Bigger Story: Fidelity Expense Ratios

I'm not sure ~3 bp is significantly cheaper. It is cheaper. Enough to move our entire portfolio of investments? If I had a million dollars, it'd be $300 per year. Such a move would would include my money market funds, which would suddenly be yielding ~22 fewer bp at Fidelity, AFAICT. I do like the c...
by greg24
Fri Aug 10, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 7408

Re: Rude response from boss re: market adjustment

I'm surprised no one has asked about the nature of your two-job setup. You have a full time job, and a part time job. Are they both professional jobs? Office jobs? Is your part-time job remote? You mention it being close to home, so it must not be. The dynamics of your two-job setup may be a big fac...
by greg24
Thu Aug 09, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Valuations Too High?
Replies: 207
Views: 11316

Re: Larry Swedroe: Valuations Too High?

This entire article is "This time it's different".
by greg24
Wed Aug 08, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: When is leaving your job that pays well a good idea?
Replies: 74
Views: 6880

Re: When is leaving your job that pays well a good idea?

Texanbybirth wrote:
Wed Aug 08, 2018 3:19 pm
If this thread isn't an example of how good we have it in America, then I don't know what is.
+99999999999999999999 :sharebeer
by greg24
Tue Aug 07, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Would you pay this mortgage off?
Replies: 51
Views: 4144

Re: Would you pay this mortgage off?

BashDash wrote:
Tue Aug 07, 2018 1:30 pm
Tax Deferred in 403b and 457 plans ( 60 stock 40 bond).
Currently maxing the 457 and half of the 457 space.
I would max both of the plans.

The mortgage would be difficult to pay off, so I wouldn't.
by greg24
Tue Aug 07, 2018 8:57 am
Forum: Investing - Theory, News & General
Topic: HELP!!!!! Need to find documentation of index superiority
Replies: 32
Views: 2684

Re: HELP!!!!! Need to find documentation of index superiority

Have your friends ask the salesperson if they are willing to act as a fiduciary.
by greg24
Mon Aug 06, 2018 3:59 pm
Forum: Investing - Theory, News & General
Topic: "Age in Bonds" fails almost everyone
Replies: 217
Views: 12814

Re: "Age in Bonds" fails almost everyone

jebmke wrote:
Mon Aug 06, 2018 3:48 pm
Maybe I missed it. Where do you define "wrong?"
They are treating the asset allocation models from three top-rated target date fund managers (BlackRock, JP Morgan, and Vanguard) as "right" and age in bonds as "wrong".
by greg24
Fri Aug 03, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of higher property taxes on home price
Replies: 45
Views: 2301

Re: Impact of higher property taxes on home price

I would say the change in tax law has reduced the value of your home by 1%.
by greg24
Fri Aug 03, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Digital Subscription Nightmare - PSA
Replies: 24
Views: 1392

Re: Digital Subscription Nightmare - PSA

I am wondering how many months I'll end up having to call Synchrony to get this removed. At the rate I am going..... I would cancel the Amazon Synchrony card. I would close/cancel my Amazon account, if possible. Any other cards that were tied to the Amazon account, I would request a new card from t...
by greg24
Fri Aug 03, 2018 12:49 pm
Forum: Personal Consumer Issues
Topic: Digital Subscription Nightmare - PSA
Replies: 24
Views: 1392

Re: Digital Subscription Nightmare - PSA

How did the Post start charging against Amazon accounts?
by greg24
Fri Aug 03, 2018 9:02 am
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 109
Views: 6643

Re: Minivan Vs SUV Experience

Cargo space

Sienna: 39.1 ft³, 150 ft³ with seat area
XC90: 15.8 ft³, 85.7 ft³ with seat area
by greg24
Thu Aug 02, 2018 9:58 pm
Forum: Personal Consumer Issues
Topic: New job commute
Replies: 64
Views: 3500

Re: New job commute

The OP is missing his young family quite a bit as it is. Throwing one night a week in a hotel on top doesn't sound like a solution.
by greg24
Wed Aug 01, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14198

Re: Net worth of $3.7M at age 47 - can I retire?

I think you're assuming that I'm going to keep that $800k in cash sitting in cash - I wanted to get most of it into the market over a couple of years. I've witnessed your hesitance in this thread to putting the $800k into equities and trying to find a plan that has the best overall return for your ...
by greg24
Wed Aug 01, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14198

Re: Net worth of $3.7M at age 47 - can I retire?

1) Given that real estate appreciation in our area has been minimal (weak ~1% a year over the last 10 years), why would you shift funds that could be earning 6%? 2) Taxes will go up when $20k in mortgage interest deduction goes away....is that something to consider? Real estate appreciation and you...
by greg24
Wed Aug 01, 2018 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14198

Re: Net worth of $3.7M at age 47 - can I retire?

Because then our portfolio would be even more exposed to real estate. Paying off your mortgage does not expose you to more real estate. Your real estate exposure is the exact same. But you no longer have mortgage loan debt to pay off. I agree with the others above. Pay off the mortgage. You have $8...
by greg24
Tue Jul 31, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: $8712/year for insurance (auto, home, rental) How to reduce?
Replies: 39
Views: 2649

Re: $8712/year for insurance (auto, home, rental) How to reduce?

Four vehicles is a lot. Reduce your number of vehicles.
by greg24
Thu Jul 26, 2018 1:20 pm
Forum: Investing - Theory, News & General
Topic: Best source for simple market news?
Replies: 26
Views: 2134

Re: Best source for simple market news?

Why? Animal spirits.
by greg24
Thu Jul 26, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: New Bond Money, Flat Yield Curve, Rising Rates
Replies: 27
Views: 2224

Re: New Bond Money, Flat Yield Curve, Rising Rates

Some people have been attempting to time the bond market since 2008.
by greg24
Thu Jul 26, 2018 9:39 am
Forum: Investing - Theory, News & General
Topic: FCA stock drops 15% following Marchionne's death: another argument against market cap weighting?
Replies: 45
Views: 3645

Re: FCA stock drops 15% following Marchionne's death: another argument against market cap weighting?

How is a CEO death a market-cap weighting-specific concern?

Stocks go up. Stocks go down.

As said above, market-cap weighting is following the market. You're advocating something other than indexing.
by greg24
Wed Jul 25, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: Pet burial
Replies: 26
Views: 2229

Re: Pet burial

Pennsylvania animal and dog lawyers:
https://www.justia.com/lawyers/animal-d ... nnsylvania
by greg24
Tue Jul 24, 2018 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: How do you deal with a bear market?
Replies: 35
Views: 2355

Re: How do you deal with a bear market?

I hold a 60/40 asset allocation.

When the market is going up, I'm happy that my portfolio is going up.

When the market is going down, I'm happy to be buying cheaper shares.

I do not market time. That is a fools errand.
by greg24
Tue Jul 24, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: Cablevisions Bill
Replies: 31
Views: 1338

Re: Cablevisions Bill

Article on YES network streaming options:
https://cordcuttingreport.com/2018/03/2 ... ve-stream/

Lists these options: Hulu with Live TV, DirecTV Now, Sling TV, and fuboTV.

The article recommends Sling TV Blue bundle, which includes Nick Jr.
by greg24
Mon Jul 23, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5028

Re: Pay for college with cash flow

1) In summary, they will take a more expensive student loan since you had paid off your low-interest mortgage. 2) If you need more money than that, you need to reverse mortgage and refinance your house. 3) This is happening because you choose to pay off your mortgage before you are Financially Inde...
by greg24
Mon Jul 23, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Real salary growth negative?
Replies: 45
Views: 4603

Re: Real salary growth negative?

Congratulations to your wife for being at the top of the wage scale in an extremely secure job that includes extensive time off.
by greg24
Mon Jul 23, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5028

Re: Pay for college with cash flow

If you are permanently unemployed or under-employed at that time, what would you do? Or, the college cost more than your annual cash flow? I would assume that you would take a more expensive student loan in order to pay for college education. If I am permanently unemployed or under-employed in my 5...
by greg24
Mon Jul 23, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: Inflation — Perspectives from Two Centuries, 1800-2016
Replies: 33
Views: 3160

Re: Inflation — Perspectives from Two Centuries, 1800-2016

My conclusion to the charts is that deflation risk is much lower than it used to be.
by greg24
Mon Jul 23, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Pay for college with cash flow
Replies: 78
Views: 5028

Re: Pay for college with cash flow

We have a similar plan.

Maxing out 401k and Roth contributions. Mortgage will be paid off just before Child #1 graduates high school.
by greg24
Fri Jul 13, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey made me laugh today
Replies: 63
Views: 6798

Re: Dave Ramsey made me laugh today

I would be mildly surprised if he knows the difference between a bond mutual fund and an equities mutual fund.
by greg24
Fri Jul 13, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Do insurance agents add value? How?
Replies: 24
Views: 1595

Re: Do insurance agents add value? How?

Twice we've failed to pay our auto insurance on time. Our agent called us a couple weeks after the due date to let us know.

Other than that, I honestly have received zero value from our agent in the 16 years we've had them.
by greg24
Fri Jul 13, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Tell me what's wrong with my strategy
Replies: 105
Views: 7438

Re: Tell me what's wrong with my strategy

How about:

50% in a total US market index fund
30% in a total foreign index fund
20% bonds
by greg24
Thu Jul 12, 2018 2:15 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Look Past Expense Ratios
Replies: 71
Views: 6389

Re: Larry Swedroe: Look Past Expense Ratios

(Full disclosure: My firm, Buckingham Strategic Wealth, recommends AQR, Bridgeway and Dimensional funds in constructing client portfolios.)
by greg24
Thu Jul 12, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: New construction: financing fell through, builder won't return deposit/earnest $
Replies: 37
Views: 3467

Re: New construction: financing fell through, builder won't return deposit/earnest $

sunny_socal wrote:
Thu Jul 12, 2018 1:44 pm
In-laws still live in CA, we may wish to return at some point
Is that worth $15k to you?
by greg24
Thu Jul 12, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3845

Re: Auto Tariffs: time to buy?

Yes, used car prices would creep up, too.
by greg24
Thu Jul 12, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3845

Re: Auto Tariffs: time to buy?

Rupert wrote:
Thu Jul 12, 2018 10:02 am
Big news story in business section of Alabama newspaper today: "Hyundai union: Alabama plant could be first shut down under tariff plan."
The union claims 20,000 jobs may be lost.
by greg24
Thu Jul 12, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Auto Tariffs: time to buy?
Replies: 63
Views: 3845

Re: Auto Tariffs: time to buy?

Top 10 most American-made cars http://www.chicagotribune.com/classified/automotive/new/ct-top-10-most-american-made-cars-20170628-photogallery.html 10. Honda Pilot 9. Honda Odyssey 8. GMC Arcadia 7. Ford Expedition 6. Ford F-150 5. Acura RDX 4. Honda Ridgeline 3. Ford Taurus 2. Jeep Cherokee 1. Jeep...
by greg24
Tue Jul 10, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: 30 Year vs 15 Year Mortgage
Replies: 79
Views: 4756

Re: 30 Year vs 15 Year Mortgage

This post by forum denizen TheFinanceBuff shows how the 30 year is financially advantageous compared to the 15:

https://thefinancebuff.com/borrow-30-ye ... rence.html
by greg24
Mon Jul 09, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for my employer’s ESPP?
Replies: 27
Views: 1396

Re: Strategy for my employer’s ESPP?

I wouldn't participate.

Seems like a decent bit of work and tying up your money for limited upside.
by greg24
Mon Jul 09, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: Should I exchange total bond market for stable value fund
Replies: 13
Views: 1131

Re: Should I exchange total bond market for stable value fund

Given your retirement is a long ways away, definitely stick with TBM.