Search found 439 matches

by dsmil
Wed May 04, 2011 11:37 am
Forum: Personal Finance (Not Investing)
Topic: You know you are a personal finance boglehead when....
Replies: 51
Views: 5285

When you are currently stalking ebay all day for the best bargain on used golf balls.
by dsmil
Tue May 03, 2011 8:41 am
Forum: Personal Consumer Issues
Topic: Best Barbequed Steak method
Replies: 42
Views: 4209

If it's raining outside, a good way to make steak is to pan sear each side for one minute on high heat. Then transfer the pan and steak from the stovetop to the oven, on 450 for 5-10 minutes depending on preference. Pan searing gives it a nice color on the outside while the inside is controlled by t...
by dsmil
Mon May 02, 2011 3:40 pm
Forum: Personal Consumer Issues
Topic: eBay - duped by Chinese fake product
Replies: 30
Views: 3385

I also had a problem buying the Insanity DVD's a couple weeks ago from someone in Asia. They took my money through paypal, but I then got an error message, and the product didn't appear as purchased by me. I wrote an email to them, which they didn't respond to, but they quickly refunded me the money.
by dsmil
Wed Apr 27, 2011 10:15 am
Forum: Investing - Theory, News & General
Topic: Equity Allocation Question?
Replies: 5
Views: 666

Most people probably have 25-40% of their equities in international, but if you want to do 50/50 than I'm sure that's fine. The Vanguard Total World ETF (VT) has 54% international.

http://www.mymoneyblog.com/choosing-an- ... ratio.html
by dsmil
Tue Apr 26, 2011 2:26 pm
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 172
Views: 26199

Office Space
by dsmil
Mon Apr 11, 2011 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Non-Vanguard Traditional IRA to Vanguard Roth IRA
Replies: 3
Views: 585

One other thing. You mention moving funds into "our Roth Account." IRA's are for individuals only.....not the both of you. Good point, I have a Roth with Vanguard but I guess we'll have to open one up for my wife to put the funds in. The amount is very small so we're not worried about the...
by dsmil
Mon Apr 11, 2011 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Converting Non-Vanguard Traditional IRA to Vanguard Roth IRA
Replies: 3
Views: 585

Converting Non-Vanguard Traditional IRA to Vanguard Roth IRA

Hello Bogleheads,

Converting a Traditional IRA to a Roth held by Vanguard seems easy, but what if the traditional IRA is held somewhere else? In my case, we have a traditional IRA at Bank of America that we'd like to move into our Roth account at Vanguard.

Thanks
by dsmil
Wed Apr 06, 2011 6:35 pm
Forum: Personal Consumer Issues
Topic: Utility Bills
Replies: 104
Views: 15405

$8 Gas
$30 electric

520 sq ft apartment :D
by dsmil
Mon Mar 07, 2011 5:44 pm
Forum: Personal Consumer Issues
Topic: Name your top favorite tv shows
Replies: 188
Views: 28870

1) Curb Your Enthusiasm
2) The Office
by dsmil
Fri Mar 04, 2011 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: [Should I go to] Law School
Replies: 77
Views: 11505

http://www.mymoneyblog.com/distribution-of-law-school-graduate-starting-salaries.html This is a distribution of starting salaries for law school graduates in 2009. Keep in mind that this doesn't include the unemployed. It seems like the people at the top schools do very well >150k and most of the ot...
by dsmil
Fri Feb 18, 2011 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

FrugalInvestor wrote:
What is a "very long time" in your book?


Probably 5-7 years...not "very long" I guess.
by dsmil
Fri Feb 18, 2011 11:34 am
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

I think you would be hard pressed to find a lender to actually give you a loan with only 5% down, especially at your age and with the current banking requirements. I'm in my mid-thirties, and both my husband and my credit scores are north of 780. We were considering a home purchase last year, and g...
by dsmil
Fri Feb 18, 2011 11:25 am
Forum: Personal Consumer Issues
Topic: That Frugal Thing You Do
Replies: 535
Views: 117680

I buy whatever I can on ebay, especially things that I know that I'll constantly use, such as shaving razors and printer ink. Also, any kind of electronic accessory is usually made in the Far East and sold cheaply on ebay. I also bought some barely used golf clubs for 80% off the normal selling price.
by dsmil
Fri Feb 18, 2011 11:12 am
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

I would put 20% down minimum (on a car or house loan), if you cant put it then you cant afford it. The homes we'd be looking at would be around 2.5x our income. I believe that we could afford that, even without having 20% down. The reason we haven't saved for 20% down is because we graduated school...
by dsmil
Thu Feb 17, 2011 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

slug wrote:
There is still pain to be felt in the real estate market. Can you let us know where you're located?


Right now in DC, but we'd probably get a future house around Annapolis, MD.
by dsmil
Thu Feb 17, 2011 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

Each person needs to decide his/her own comfort level on household leverage. Of course, more equity is generally always better. But, I know many want to go ahead and start in home ownership. I don't really have advice on that. But, I will add that it should be possible to only put down 5% and still...
by dsmil
Thu Feb 17, 2011 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

Another option for us could be a rent-to-own property. I haven't looked much into it but it sounds like a way to get into the house but still be able to save for a larger down payment.
by dsmil
Thu Feb 17, 2011 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

Thanks for the response. Avoiding PMI and putting 20% down would take a very long time, so it probably won't be happening. Of course the more we put down would mean that we pay PMI for less years.
by dsmil
Thu Feb 17, 2011 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: How important is a large downpayment?
Replies: 38
Views: 3895

How important is a large downpayment?

Hello Bogleheads, Given the current interest rates (still low but rising) and low home prices, how important would you say having a large down payment is rather than buying a house sooner? I'm 23, my wife and I are in stable fields (teaching and accounting), and we should have a 6 mo. emergency fund...
by dsmil
Thu Feb 10, 2011 2:02 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 729
Views: 123727

Yuengling is the Boglehead Beer...Good value + Pennsylvania

But, I'd rather have:
-Dogfish Head Indian Brown Ale
-Great Lakes Edmund Fitzgerald
-Sierra Nevada Celebration Ale
by dsmil
Wed Jan 12, 2011 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's - Rebalancing too often vs. contributing less often
Replies: 7
Views: 827

You're kidding, right? Invest in the ones that have performed the worst in the previous month. Invest in the ones that are most underweight according to your asset allocation. This is what I do now, I guess I misunderstood what you suggested. I just invest in the ones that are the most underweight ...
by dsmil
Wed Jan 12, 2011 2:39 pm
Forum: Investing - Theory, News & General
Topic: bid/ask spread for ETFs
Replies: 51
Views: 4996

Re: bid/ask spread for ETFs

1) The bid/ask spread is basically a percentage. So assuming the spread doesn't change, selling 100 shares costs me the same as selling 50 shares twice. This is how I see things too. I would think that the amount of trades wouldn't matter as long as the total dollar amount invested is the same.
by dsmil
Wed Jan 12, 2011 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's - Rebalancing too often vs. contributing less often
Replies: 7
Views: 827

Since the dollar amounts are small, I would invest in one or two ETFs per month and make no other trades in that month except for occasional tax-loss harvesting*. That is, I would not make extra trades to rebalance, but would only use new money to rebalance. *Yes, I know TLH does not apply to Roth ...
by dsmil
Wed Jan 12, 2011 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's - Rebalancing too often vs. contributing less often
Replies: 7
Views: 827

I would think it best to limit the amount of transactions when purchasing an ETF, since you pay a commission on each trade. If you are going to stick with ETFs, I think it would be more cost effective to contribute once every few months. It would probably be prudent to also limit rebalancing to avo...
by dsmil
Wed Jan 12, 2011 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Performance? % return? XIRR?
Replies: 26
Views: 2695

The 13.11% calculation may be an annualized amount which includes dividends. Your 7.72% calculation is not annualized, it's just a return. If you want to annualize it, you could take your 7.72% x (365 days/263 days)= 10.71% The 263 days is the amount of days that you held the fund, but if you spread...
by dsmil
Wed Jan 12, 2011 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's - Rebalancing too often vs. contributing less often
Replies: 7
Views: 827

ETF's - Rebalancing too often vs. contributing less often

Hello Bogleheads, Current Allocation (no taxable accounts): 45% Total US (VTI) 21% Total International (VEU) 10% REIT (VNQ) 9% Small Cap Value (VBR) 8% Bonds (BND) 7% Emerging Markets (VWO) I'm 23 and currently contribute a few hundred per month between my 401k and Roth. Since my dollar amounts are ...
by dsmil
Wed Jan 12, 2011 12:43 pm
Forum: Personal Consumer Issues
Topic: TV series to recommend?
Replies: 139
Views: 15717

Curb Your Enthusiasm is a prettahhh, pretahhh, pretahhh good show
by dsmil
Sun Jan 09, 2011 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: Best Bond ETF for a young investor?
Replies: 8
Views: 1773

Best Bond ETF for a young investor?

Hello Bogleheads, Current Allocation (no taxable accounts): 45% Total US (VTI) 21% Total International (VEU) 10% REIT (VNQ) 9% Small Cap Value (VBR) 8% Bonds (BND) 7% Emerging Markets (VWO) I'm 23 and have had the bond portion of my portfolio invested in BND (total bond market). Would a more aggress...
by dsmil
Fri Oct 22, 2010 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Including daycare in mortgage affordability
Replies: 14
Views: 2071

Watty wrote:Another option to consider. When my son was little, my wife took care of him and provided daycare for several kids in our house for several years.

Greg


We've been thinking about this and it does sound like a good idea.
by dsmil
Thu Oct 21, 2010 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Including daycare in mortgage affordability
Replies: 14
Views: 2071

What line of work is your wife in? Do you have any retired parents? Why I ask is, we were able to have my wife switch to part-time per diem (medical field) and utilize parents and saturdays to not have to have daycare and still be comfortable. She is a teacher and our parents are still working so t...
by dsmil
Thu Oct 21, 2010 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Including daycare in mortgage affordability
Replies: 14
Views: 2071

Advice Needed - Including daycare in mortgage affordability

Hello bogleheads, In five years or so, my wife and I would like to have a child and buy a house. We know about the 28% and 36% ratios and we would like to fall below those and be comfortable. What we are trying to figure out is whether to decrease our estimated salary amounts by a huge expense like ...
by dsmil
Tue May 25, 2010 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Young Investor - Emergency Fund vs. Roth
Replies: 9
Views: 1593

Young Investor - Emergency Fund vs. Roth

Hello Bogleheads, I am 22 and have about 4k in a Roth IRA and 1K in a 401k. I have a month in emergency fund savings and 40k in student loans. Asset Allocation: 55% Vanguard Total Stock Market ETF (VTI) 21% Vanguard FTSE All World EX-US ETF (VEU) 10% Vanguard REIT ETF (VNQ) 7% Vanguard Emerging Mark...
by dsmil
Mon Apr 26, 2010 3:03 pm
Forum: Personal Consumer Issues
Topic: Beer/Wine/Drinks
Replies: 75
Views: 8258

Re: Beer/Wine/Drinks

If you like IPA's I would recommend the Dogfish Head 60 Minute IPA If you like hoppy/heavy beers I cannot recommend Sierra Nevada's Bigfoot Ale (9.6% alcohol, 300 calories) strongly enough. Two great beers by my two favorite breweries. Staying with those breweries, I'd also recommend Sierra Nevada ...
by dsmil
Wed Sep 16, 2009 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Needed- Buying a house on one income
Replies: 34
Views: 4999

I agree that the advice given to me probably doesn't make too much sense especially if I already have a nice emergency fund set up. I believe you are financially sound so congrats on your future home purchase. To answer how much to put down more than 20%, ask yourself whether you want to borrow at ...
by dsmil
Tue Sep 15, 2009 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Needed- Buying a house on one income
Replies: 34
Views: 4999

I agree that the advice given to me probably doesn't make too much sense especially if I already have a nice emergency fund set up.
by dsmil
Sun Sep 13, 2009 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Advice Needed- Buying a house on one income
Replies: 34
Views: 4999

Instead of putting 30% down, I received advice that I should put 20% down and put the other 10% in a bond fund. That way I could withdraw money from the bond fund as needed for mortgage payments and it will free up come cash. As my income grows, and I don't need extra money for mortgage payments, I ...
by dsmil
Thu Sep 10, 2009 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Advice Needed- Buying a house on one income
Replies: 34
Views: 4999

So basically, you're saying that your budget works under a particular scenario (30% down), but doesn't work if you find yourself with an additional $200/month of expenses. If your budget is really going to be that tight, then you may want to rethink whether a home in this price range is feasible. -...
by dsmil
Wed Sep 09, 2009 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Needed- Buying a house on one income
Replies: 34
Views: 4999

Thank you everyone above for the advice so far. Obviously it's a big decision to live off of one income, when that person isn't a CEO. But we think it would be worth it for the children and it wouldn't be such a bad thing to have some extra equity in the house or the ability for both of us to find j...
by dsmil
Tue Sep 08, 2009 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Advice Needed- Buying a house on one income
Replies: 34
Views: 4999

Advice Needed- Buying a house on one income

My fiancee and I would like to have children and buy a home within the next few years. We'll be able to save for a down payment while we are both working but once we have children we will likely switch to one income for the long-term. For the type of home we'd like, and the mortgage we can handle fr...

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