Search found 1245 matches

by wolf359
Fri Jun 22, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Wife's 403b provider switching - higher fees - how often can you rollover?
Replies: 8
Views: 477

Re: Wife's 403b provider switching - higher fees - how often can you rollover?

403b plans cost more than $5/year to operate. It sounds more like they're shifting the plan expenses from the school to the individual participants. In my experience, 1%-2% is typical for small organization plans. I was happy when the company I work for went down to 1%. Use the low cost index funds ...
by wolf359
Fri Jun 22, 2018 10:21 am
Forum: Personal Consumer Issues
Topic: Most vs. Least satisfying home impovements
Replies: 35
Views: 3246

Re: Most vs. Least satisfying home impovements

The most cost-effective but least satisfying home improvement is insulation. It can greatly reduce your costs, paying for itself immediately (instead of having to wait for resale), improves comfort and enjoyment, but doesn't have anything that you can directly hear, see, feel, or appreciate. The mos...
by wolf359
Thu Jun 21, 2018 10:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Battle Of Passive Strategies
Replies: 71
Views: 6697

Re: Larry Swedroe: The Battle Of Passive Strategies

I wouldn't reduce exposure to factors because I believe that factor funds are more efficient. Since the persistence of the premiums is not as great as the market premium, I will still maximize exposure to each of the factors I am targeting, hoping for outperformance. I am still saving/investing suf...
by wolf359
Wed Jun 20, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: Oh my! Cardone says we need $10m net worth
Replies: 104
Views: 13425

Re: Oh my! Cardone says we need $10m net worth

The article states that that only way to be free from economic worries is to be a 1%-er. The top 1% of net worth in the US is $10 million or more. Does anybody disagree that 1%-ers worry less about economic issues? Yes, you can achieve financial independence with $10m. However, if you are willing to...
by wolf359
Mon Jun 18, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Battle Of Passive Strategies
Replies: 71
Views: 6697

Re: Larry Swedroe: The Battle Of Passive Strategies

What I'm unclear about in his article is that he also pushes the case that using DFA funds to tilt is superior to using Vanguard funds to tilt (although he does point out that both fund families are acceptable and recommended.) That might have been true in 1998, but I don't think it is now. Using t...
by wolf359
Mon Jun 18, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: The Battle Of Passive Strategies
Replies: 71
Views: 6697

Re: Larry Swedroe: The Battle Of Passive Strategies

I agree with the article's conclusion that so far, results have supported his book's contention that: 1) passive beats active; and 2) tilting towards size and/or value is superior to Total Stock Market. What I'm unclear about in his article is that he also pushes the case that using DFA funds to til...
by wolf359
Fri Jun 15, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3493

Re: Paying off mortgage early

What is the Bogleheads position on paying off mortgage early? The Bogleheads position is all over the place. There are some who think all debt is bad debt and thus getting rid of a mortgage as quickly as possible is a priority. There are some who won't sleep well at night unless they are mortgage-f...
by wolf359
Fri Jun 15, 2018 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Reconciling Buy-and-Hold philosophy with AA/TLH
Replies: 17
Views: 1301

Re: Reconciling Buy-and-Hold philosophy with AA/TLH

My target date fund is fine as it is - it was the expense ratio on the fund (0.65%) that made me start thinking of switching over. If letting the target date fund continue for one more year as i solidify my investment knowledge (to avoid the repeat of me investing in Betterment and Wealthfront to g...
by wolf359
Thu Jun 14, 2018 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Reconciling Buy-and-Hold philosophy with AA/TLH
Replies: 17
Views: 1301

Re: Reconciling Buy-and-Hold philosophy with AA/TLH

I'm seeing some clues that you're new to investing, and that you're still figuring out your investment strategy. One of the recurrent themes i found in reading the investment styles of respected investment gurus, is buying a good investment not with the intention of selling but to hold for life . I ...
by wolf359
Thu Jun 14, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 10118

Re: Timeshare ever worth it? Please share details

We own quite a bit on a common account with my parents, and the only points we regret are the relatively small number we paid full price for before we knew any better. All of our resale points we still consider to be a good value. Ongoing costs are also high, but we feel we get value out of it anyw...
by wolf359
Wed Jun 13, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100828

Re: Anyone regret paying off mortgage early?

This thread started in 2012. I wonder if anybody who responded back then now regrets having put all that money into their home equity instead of having that several hundred thousand dollars invested into the stock market at the beginning of a multi year bull run? The returns in the market have grea...
by wolf359
Wed Jun 13, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100828

Re: Anyone regret paying off mortgage early?

This thread started in 2012. I wonder if anybody who responded back then now regrets having put all that money into their home equity instead of having that several hundred thousand dollars invested into the stock market at the beginning of a multi year bull run? The returns in the market have grea...
by wolf359
Wed Jun 13, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Social Security: Effect of early claiming on spousal benefit
Replies: 20
Views: 1541

Re: Social Security: Effect of early claiming on spousal benefit

The actual language posted by SSA is here: https://www.ssa.gov/OACT/quickcalc/spouse.html I initially misread it, but I believe it is consistent with what happened above. Spouse gets up to 1/2 PIA, unless spouse is filing before full retirement age. It reads: When a worker files for retirement bene...
by wolf359
Wed Jun 13, 2018 5:32 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100828

Re: Anyone regret paying off mortgage early?

This thread started in 2012. I wonder if anybody who responded back then now regrets having put all that money into their home equity instead of having that several hundred thousand dollars invested into the stock market at the beginning of a multi year bull run? The returns in the market have great...
by wolf359
Tue Jun 12, 2018 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 8660

Re: Getting killed on taxes - any ideas?

Hello everyone, So here's my situation. My wife and I are in our 30s. We got a late start earning because we both went to graduate school. We still have student loan debt but are aggressively paying that off and it should be done in the next year. We are maxing our 401ks (she is limited to 10K due ...
by wolf359
Tue Jun 12, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX)
Replies: 37
Views: 3062

Re: Next Steps for Single 34 Year Old with Savings and Roth IRA (VASGX)

The traditional IRA is the safer option. If a Roth account wins it is unlikely to be by much and the trad is likely to win by a fair amount. The OP might consider deciding how much of the savings account is needed as an emergency fund, and set up a taxable investment account to be considered part o...
by wolf359
Tue Jun 12, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security: Effect of early claiming on spousal benefit
Replies: 20
Views: 1541

Re: Social Security: Effect of early claiming on spousal benefit

I think it will it be 1/2 of your reduced PIA. We're waiting to do the same thing. Incorrect. Example (ignoring my restricted application which allows delayed filing credits): My wife just filed at age 65. We were born on the same day, with me being 1 year older. I filed for spousal, which is based...
by wolf359
Tue Jun 12, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: Do Small Caps Outperform?
Replies: 61
Views: 3877

Re: Do Small Caps Outperform?

This question made me curious, so I opened Portfolio visualizer and checked various asset allocation results since 1983 (thus eliminating 1975-1983). Small cap is about the same as large cap but slightly outperforms if you start with $100,000 and hold it for the entire time period. It pulls ahead if...
by wolf359
Mon Jun 11, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Rowing machine motivation
Replies: 82
Views: 5109

Re: Rowing machine motivation

There are multiple tools that I use to get motivation to use my Concept2. 1) An accountability partner. 2) Competition (both with myself and others). 3) Better graphics and feel of rowing. 4) Introduction of heartrate monitor data. I achieved this by using rowing software. I plugged an old Windows P...
by wolf359
Fri Jun 08, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Indexing will fail investors in next decade
Replies: 57
Views: 8885

Re: Indexing will fail investors in next decade

there is so much unmitigated garbage i don't even know where to start. im pissed i gave it a click. also, how anyone published that guy is beyond my comprehension. It's published as an opinion piece by the head of a hedge fund. It's not research. It's simply more fear, uncertainty, and doubt being ...
by wolf359
Wed Jun 06, 2018 6:58 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 50673

Re: How much money do you need to retire?

I'm 39 now and my plan is to retire at 55 with $1M. The reason that number is low is bc I will be able to pull a decent pension starting when I am 55. Unless you are a government employee, DO NOT assume that pension will be what you expect in 16 years. Your employee could end the pension and freeze...
by wolf359
Tue Jun 05, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Anyone familiar with these Sherwin Williams interior colors?
Replies: 2
Views: 296

Re: Anyone familiar with these Sherwin Williams interior colors?

We recently picked paint colors for a basement finishing project. We learned that you can't tell what it will look like based on chips or going on the internet. We tried it that way, and everybody in the family had a personal favorite. Then we painted samples on the wall, in sunlight (near windows) ...
by wolf359
Tue Jun 05, 2018 9:32 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Two Articles On Reinsurance
Replies: 41
Views: 3297

Re: Larry Swedroe: Two Articles On Reinsurance

How many funds are in this space? I saw three: the Stone Ridge product, CatCo, and Pioneer. What is available to individual investors. It appears that Stone Ridge and CatCo need an advisor to access. Thoughts: - Not many funds in this space. - Must use an advisor to access. Otherwise open to instit...
by wolf359
Mon Jun 04, 2018 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall advice for an overwhelmed person
Replies: 76
Views: 6032

Re: Is Bogleheads not right for me? Trying to generate monthly income before retirement

You have posted insufficient information, but it does not sound like you have enough to retire yet. I'm assuming that your loans already have a payment schedule, and your tax is due this year. First, pay your taxes, so you now have $750,000. Your next issue should be whether or not to pay down your ...
by wolf359
Mon Jun 04, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Getting started with Non-retirement account
Replies: 15
Views: 1071

Re: Getting started with Non-retirement account

I agree with the earlier suggestions, with some additional ones: 1) Max out the 401k. 2) Put all bonds in the 401k. Change the Roth IRAs to 100% stocks. The Roth IRAs are tax free, and will be the last money you deplete, especially if you build up significant taxable and traditional 401k balances. I...
by wolf359
Thu May 31, 2018 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Profile: The Road to 1Million USD
Replies: 42
Views: 8429

Re: Profile: The Road to 1Million USD

A simple compound interest calculator says that if you start with $17,300, are saving $43,000 a year, and earn an average 6% return a year, you will hit $1M by approximately 2033. As long as you have positive cash flow, you WILL hit $1M. The only question is how long it will take. If your earnings a...
by wolf359
Tue May 29, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: ITOT versus VTSAX
Replies: 25
Views: 1869

Re: ITOT versus VTSAX

D E C O D E D !!! VTSAX - Vanguard Total Stock Market Index (mutual fund, admiral shares) VTI - Vanguard Total Stock Market ETF ITOT - iShares Core S&P Total US Stock Market ETF Thanks for reading ~cfs~ Also, VTSAX = VTI One is the mutual fund Admiral shares version (VTSAX), the other is the ETF ve...
by wolf359
Tue May 29, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: 36 yr old BH Newbie with substantial savings- Help!!!
Replies: 75
Views: 10604

Re: 36 yr old BH Newbie with substantial savings- Help!!!

Read up on tax effiecent placement of funds in Wiki. Try to keep bonds in 401k/403b and stocks in taxable I have not come across this suggestion yet in any of my reading. Can you explain why keep bonds in 401k/403b and stocks in taxable? The logic is that bonds pay interest, which is taxable at you...
by wolf359
Tue May 29, 2018 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 129
Views: 13931

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I don't think either is a bad choice. The primary benefit to paying off the mortgage is to improve your cash flow by eliminating your mortgage payment. Paying DOWN a mortgage without paying it off is what most people propose. In that case, I'd use the strategy of investing in VTSAX until the balance...
by wolf359
Tue May 29, 2018 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Should one use REITs
Replies: 54
Views: 8471

Re: Should one use REITs

I'll just say this, without any numbers to back me up. But I recall when things went bad (crash), REITs went REALLY bad. So there seems an extra risk, not sure about any (dependable) reward side. Well, yes, during the 2008 crash that was caused by a collapse in real estate and the housing market, R...
by wolf359
Tue May 29, 2018 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Investing an Emergency Fund
Replies: 30
Views: 2602

Re: Investing an Emergency Fund

I often recommend that folks invest their emergency fund. Consider this though: If you expect your invested emergency fund to have a chance of losing say 10% at any time, then make it 10% larger than it would be if it was kept in cash. Don't forget that it is unlikely that all 100% of the fund will...
by wolf359
Tue May 29, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: How To Store Blue Rhino Tanks Safely
Replies: 35
Views: 2713

Re: How To Store Blue Rhino Tanks Safely

Here's another idea (I am the original poster and suggested using a 1 pound cannister as backup, but no one has responded): Get a gauge for the 20 pound tank. They are cheap at Home Depot or Lowe's. When the first tank gets low but not empty, swap to the second (full) tank. Keep the almost-empty ta...
by wolf359
Tue May 29, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: How To Store Blue Rhino Tanks Safely
Replies: 35
Views: 2713

Re: How To Store Blue Rhino Tanks Safely

When we bought our home, the previous owner left a container of propane in the garage. It was old style and didn't fit anything. Then the "new" style at that time became a 2nd old-style and no longer fit anything. These two tanks languished in our garage for more than 10 years. I didn't want to tak...
by wolf359
Tue May 29, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Does anticipated SS alter today’s allocation?
Replies: 20
Views: 1857

Re: Does anticipated SS alter today’s allocation?

I am also in my early 50's, and anticipate taking Social Security at 70. Anticipated SS does not alter today's allocation at all. According to the statement currently provided by SS, the full benefit will not be paid if the trust fund gets depleted. There will be a haircut if no political action is ...
by wolf359
Sat May 26, 2018 7:41 am
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4396

Re: I'm an indexer... but...

The objective of index funds is to easily and cheaply capture market returns. You will not beat the market with an index fund. You will get close to market returns. It is very easy to find actively traded mutual funds that have beaten the market over any time period. (The longer the time period, the...
by wolf359
Fri May 25, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: How to invest $1.4 million inheritance?
Replies: 32
Views: 4400

Re: How to invest $1.4 million inheritance?

I just received $1.4 million from my mother's estate. Before I proceed with my question, here are some facts about my financial situation: - 53-yo and currently "retired"; 45-yo wife earns nearly $200k annually and plans to work another five years - Not counting the money just inherited, we have as...
by wolf359
Wed May 23, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Quicken - Do you use it?
Replies: 50
Views: 2615

Re: Quicken - Do you use it?

I was a long-time Quicken user. Actually I think almost everybody who uses it is old-school, and has been using it for a long time. I used it since the DOS days, in the 1980's. Recently, Intuit sold Quicken to a third party investment company, who changed the purchase model. It is now subscription b...
by wolf359
Wed May 23, 2018 8:16 am
Forum: Investing - Help with Personal Investments
Topic: If you suddenly became a millionaire [exceed FDIC insurance limit]
Replies: 31
Views: 5106

Re: If you suddenly became a millionaire [exceed FDIC insurance limit]

Hello everyone and thank you for those who respond. My question revolves around allocation of funds once you begin to to exceed the typical FDIC insured maximum on most banks. To preface this question both my wife and will soon be grossing well over $200,000 per year in income. We both max out our ...
by wolf359
Wed May 23, 2018 8:01 am
Forum: Investing - Help with Personal Investments
Topic: If you suddenly became a millionaire [exceed FDIC insurance limit]
Replies: 31
Views: 5106

Re: If you suddenly became a millionaire [exceed FDIC insurance limit]

If you really have a requirement to park a large amount of cash in FDIC accounts, look for an institution that is part of the Certificate of Deposit Account Registry Service (CDARS) network. This is a system where they invest your funds in CDs at participating CDARS banks, all of which provide FDIC ...
by wolf359
Tue May 22, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life
Replies: 13
Views: 1198

Re: Whole Life vs Universal Life

•Whole life insurance caters to long-term goals by offering consumers consistent premiums and guaranteed cash value accumulation. •Universal life insurance gives consumers flexibility in the premium payments, death benefits and the savings element of their policy. Read more: Permanent Life Policies:...
by wolf359
Tue May 22, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Anyone Using Food Sealing Vacuums (eg FoodSaver)?
Replies: 23
Views: 1854

Re: Anyone Using Food Sealing Vacuums (eg FoodSaver)?

I second the souse vide. I'll seal food in it and throw it into the freezer. When it's time, I just move it directly to souse vide water bath and just allow extra time for defrosting. For food storage of small fruits like strawberries and raspberries, or for vegetables, I will use a glass mason jar....
by wolf359
Tue May 22, 2018 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Frontloading 401k Mistake
Replies: 27
Views: 2370

Re: Frontloading 401k Mistake

Guys, just think it over will you? If one could reverse 401K contributions, wouldn't everybody do that when the market drops later in the year? You ask your company to give back all of your contribution IN DOLLARS contributed and then put it back again next day? Does legitimate excess contribution ...
by wolf359
Mon May 21, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Frontloading 401k Mistake
Replies: 27
Views: 2370

Re: Frontloading 401k Mistake

Here is what my TPA came back with: “I verified with our compliance department that there is no ability to shift deferrals between plans or to call the contributions to [First company]’s 401(k) plan an excess contribution. This participant made an affirmative election to contribution and it cannot ...
by wolf359
Mon May 21, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Finance a $28,000 house for Brother?
Replies: 73
Views: 5430

Re: Finance a $28,000 house for Brother?

I recently read "The Great Depression - A Diary" by Benjamin Roth. In it, he keeps copious notes, including the prices of real estate in his area of Youngstown, Ohio. He lists both addresses and prices. Interestingly, many of the houses still exist, for the same price. A house in a depressed area on...
by wolf359
Mon May 21, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Frontloading 401k Mistake
Replies: 27
Views: 2370

Re: Frontloading 401k Mistake

This is what the IRS says about it: https://www.irs.gov/retirement-plans/consequences-to-a-participant-who-makes-excess-deferrals-to-a-401k-plan This is my interpretation. Read it yourself to see if you agree. If you tell the old company that you made excessive contributions (and how much), they wil...
by wolf359
Thu May 17, 2018 7:21 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 30
Views: 3475

Re: Unique Phone Apps that you find yourself using most often?

My latest toy is a phone charger for my car that has Alexa on it. It requires me to run an app on my phone for it to work. Ever since I got it, my 10-year-old car is suddenly voice controlled and modern. It can give me directions, play music or any podcast, or answer questions. If I am commuting to ...
by wolf359
Thu May 17, 2018 7:10 pm
Forum: Personal Consumer Issues
Topic: Growing Fruit Trees and Shrubs
Replies: 30
Views: 2525

Re: Growing Fruit Trees and Shrubs

There's a trick to preparing the soil for Blueberries. Go to Starbucks, and get a bag of what they call "Grounds for the Garden." These are their discarded coffee grounds. Develop a relationship with them, and arrange to pick them up regularly. Dig holes in your yard and bury them. Wait a year. What...
by wolf359
Thu May 17, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Small caps and Micro caps
Replies: 6
Views: 558

Re: Small caps and Micro caps

Small cap value tilt is finally paying off. Their performance in the last few years was not so great. The why doesn't matter so much. Different parts of the portfolio outperform or underperform at different times. If I accept that I can't predict the when, then I diversify and buy a little of everyt...
by wolf359
Thu May 17, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need Input on My Early Retirement Plan.....
Replies: 45
Views: 5516

Re: Need Input on My Early Retirement Plan.....

For what it's worth, make sure you have a Plan B in case ObamaCare is changed in the next 15 years. Politics cannot be predicted. My Plan B is to have my mortgage paid off so that the cash flow for that is available to pay unsubsidized insurance premiums. Sounds like your idea of "changed" involves...
by wolf359
Mon May 14, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Need Input on My Early Retirement Plan.....
Replies: 45
Views: 5516

Re: Need Input on My Early Retirement Plan.....

I've been reading this thread with interest. I am in planning stages myself, but I was also considering a 3 year cash buffer. I want to do some additional pondering over that after hearing some of the reactions. However, there is this thread from 2008 https://www.bogleheads.org/forum/viewtopic.php?f...