Search found 648 matches

by haban01
Mon Dec 16, 2013 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: 23 and have opportunity to enroll in 401K.
Replies: 29
Views: 2871

Re: 23 and have opportunity to enroll in 401K.

I agree with Taylor Larimore's response and wholeheartedly agreed going with the LS Moderate Growth fund. Yes it is conservative for your age. I would work to build up a larger fund balance before you break out into a multiple fund portfolio. LS Moderate Growth is a fund of funds and already owns 4-...
by haban01
Sun Dec 15, 2013 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 21137

Re: What percentage of your income are you saving?

Social Security was never designed as a full replacement program. For Lower Wage workers, It replaces about 50% of Income. One needs portfolio to plug that income gap needed.
by haban01
Sun Dec 15, 2013 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 21137

Re: What percentage of your income are you saving?

I think an interesting metric would factor in net worth relative to income and relative to age. Ultimately, savings rate would result in change in net worth. Perhaps NW divided by income divided by age?


Excellent Point Made!!!!!
by haban01
Sun Dec 15, 2013 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 21137

Re: What percentage of your income are you saving?

bhsince87 wrote:It's easy to forget that most Americans who have a job are saving at least 15% of their work related income for retirement!
I highly doubt it. Many don't even contribute enough to gain employer's matching contribution. I've seen this across many income levels.
by haban01
Sun Dec 15, 2013 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your income are you saving?
Replies: 208
Views: 21137

Re: What percentage of your income are you saving?

Hello Bogleheads, This is a very "thorny" issue and as op have stated very hard to compare apples to apples. We should like a poll of "Income" and then brackets of saving next to them to get the real answer. From checking out money.com calculators, say a 40K household income in the Midwest is almost...
by haban01
Thu Nov 14, 2013 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP worth it?
Replies: 8
Views: 1209

Re: HDHP worth it?

Is there a big spread in the premiums? It looks to me that it may not be worth it then. What about the Max out of Pocket? Is it the same for both? Is it possible that you may be forced onto a HDHP in future years, thus building up your HSA for a really bad health year. Do they cover the same percent...
by haban01
Mon Oct 28, 2013 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Army First Lieutenant unwilling to open TSP account
Replies: 71
Views: 7696

Re: Army First Lieutenant unwilling to open TSP account

May I suggest "The Boglehead's Guide on Investing". I'll even sign page 22 or 23 of which I'm quoted on! I hope she can see the value in this option! Of course we would all kill for the TSP. I wonder if you could get her to call into Suze Orman ;).
by haban01
Mon Oct 28, 2013 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Young investor looking into 401k
Replies: 20
Views: 1843

Re: Young investor looking into 401k

More information on what a Roth IRA is: http://en.wikipedia.org/wiki/Roth_IRA A Roth IRA (Individual Retirement Account) is a certain type of retirement plan under US law that is generally not taxed, provided certain conditions are met. The tax law of the United States allows a tax reduction on a li...
by haban01
Mon Oct 28, 2013 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Young investor looking into 401k
Replies: 20
Views: 1843

Re: Young investor looking into 401k

Good Evening, Jess. Welcome to the forum! I would first suggest that you pick up a copy of "The Bogleheads Guide on Investing from say Amazon.com. This will give you a good foundation on the boglehead principles and will help educate you to be a better investor! Excellent ideas to pay down the colle...
by haban01
Mon Oct 28, 2013 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: 26 Year Old First (Canadian) Time Investor!
Replies: 26
Views: 1915

Re: 26 Year Old First Time Investor!

Good Evening, Welcome to the forum and congratulations on starting to save and invest. I believe there is a Canadian Wiki group of Bogleheads up in your neck of the woods that can get you more direct fund information seeing that you are in Canada. I know that Bylo Seli is from Canada from many years...
by haban01
Mon Oct 28, 2013 6:21 pm
Forum: Personal Consumer Issues
Topic: Does anyone own a Hyundai?
Replies: 71
Views: 8221

Re: Does anyone own a Hyundai?

DW has a 2007 Elantra. It is a great car. Gets good mileage and has been reliable. The big thing that many haven't touched on is the fact that the Hyundai engines are interference engines and need the timing belts done every 60K. Most other cars are 100K+. Other posters commented about residual valu...
by haban01
Fri Oct 25, 2013 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Question
Replies: 8
Views: 1022

Re: HSA Question

Yes, That is an excellent idea! I believe at age 65 it turns into a Traditional IRA and you can take the funds without penalty but subject to taxes. You may want to consider bulking up an HSA for medical related retirement expenses!
by haban01
Fri Oct 25, 2013 6:45 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin Bogleheads Meeting- Green Bay- Future Meeting
Replies: 6
Views: 1013

Re: Wisconsin Bogleheads Meeting- Green Bay- November 3rd

Ram, That is an excellent idea!! Door County weekends are generally requiring a 2-3 night stay. DC is a great place and a great idea for 2014!!!!!
by haban01
Thu Oct 24, 2013 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Washington Post article on personal Debt
Replies: 23
Views: 4698

Re: Washinton Post article on personal Debt

High debt and little to no retirement savings seems to have become the norm (for non BH's that is), and I wonder if by simply not having debt and having adequate retirement savings and EF puts one ahead (whatever that means). One needs to factor in AGE of the participants, which is why this sky is ...
by haban01
Thu Oct 24, 2013 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Savers Go Deeper in Debt
Replies: 7
Views: 2244

401(k) Savers Go Deeper in Debt

NEW YORK (MainStreet) — One step forward, two steps back. While Americans are saving more for retirement, many are also going even deeper into debt. The treadmill is starting to run in reverse. Over 60% of workers participating in an employer sponsored retirement plan accumulated more debt than they...
by haban01
Thu Oct 24, 2013 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: How to simplify/rebalance my simple 3fund+ portfolio
Replies: 3
Views: 761

Re: How to simplify/rebalance my simple 3fund+ portfolio

Welcome to the Bogleheads forum!! The good news is that your portfolio is about 90% There :wink: and with some minor tweaking you will make things more simple and straightforward! Your Asset Allocation is the biggest hurdle to overcome. The allocation to stocks vs bonds will determine over 90% of th...
by haban01
Thu Oct 24, 2013 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Want to have kids, scared of the financial consequences
Replies: 95
Views: 8010

Re: Want to have kids, scared of the financial consequences

This may not be directly related but I know if a special person that was disabled and in a wheel-chair from birth. His mother was forced to stay at home because he needed and continues to need 24/7 care. There are many kids that have a severe disability like Cerebral Palsy and are confined to a whee...
by haban01
Thu Oct 24, 2013 7:26 pm
Forum: Local Chapters and Bogleheads Community
Topic: Wisconsin Bogleheads Meeting- Green Bay- Future Meeting
Replies: 6
Views: 1013

Wisconsin Bogleheads Meeting- Green Bay- Future Meeting

Greetings Wisconsin Bogleheads, Upcoming Meeting: Tiem/Date TBA Green Bay, WI How does a Local Chapter Meeting at Lambeau Field sound? Curly's Pub is a nice play to relax and have light lunch. Please reply if you can make it. If you can not, Please reply back to where a location is that works for yo...
by haban01
Thu Oct 24, 2013 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for a 30yo
Replies: 10
Views: 2307

Re: Portfolio for a 30yo

I will steal Adrian Nenu's quote or rule of thumb on Asset Allocation. Maximum Tolerable Loss x 2= Stock (Equity) Exposure). This has been pretty accurate in the past two bear markets. I am the same age as you. My ability, willingness and need to take on risk is different now then say 12 years ago w...
by haban01
Wed Oct 16, 2013 5:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces upcoming changes to Funds.
Replies: 3
Views: 1398

Vanguard Announces upcoming changes to Funds.

https://personal.vanguard.com/us/insights/article/fund-announcement-10162013 Here is a sample excerpt: Several funds merging to simplify choices and administration Continuing efforts to simplify and streamline our funds and overall fund lineup, we're merging a handful of funds that have similar obje...
by haban01
Wed Oct 16, 2013 4:56 pm
Forum: Investing - Theory, News & General
Topic: Mr. Bogle in the news
Replies: 6
Views: 1175

Re: Mr. Bogle in the news

Have a great time Taylor!! Hope to see you next year :).
by haban01
Tue Oct 15, 2013 5:54 pm
Forum: Investing - Theory, News & General
Topic: Suze Orman on NBC Nightly News [doesn't like bond funds]
Replies: 46
Views: 8829

Re: Suze Orman on NBC Nightly News

As other posters above have stated, Suzy's advice on bonds has been the same for years if not longer. She has always hated bond funds and preferred individual bonds. He investment advice ranks right up there with David Ramsey. The sad thing is that the general public will see her and make bad moves ...
by haban01
Tue Oct 15, 2013 5:49 pm
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 37223

Re: Anyone Else Scared?

Looks like a lot of Bogleheads are having a time horizon of about a week lately judging by the comments above! We will get through this and prevail. Stick to your plan!
by haban01
Sun Aug 25, 2013 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Allocation and Proposed Portfolio Holdings - Advice Welcomed
Replies: 4
Views: 951

Re: Allocation and Proposed Portfolio Holdings - Advice Welc

Good Morning, With an intermediate Bond Fund Duration of say 5 Years. A rough amount is that when interest rates rise by 1%, the Bond NAV (Price) will decrease by 5%. With a shorter duration Bond side, It will be much less. As Interest Rates rise, Bond Prices will decrease. The Yield will go up but ...
by haban01
Sun Aug 25, 2013 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Investment allocation strategy for a newly married couple
Replies: 9
Views: 968

Re: Investment allocation strategy for a newly married coupl

Thanks for the replies. A few things: 1) Any reason to prefer a Roth over a traditional IRA for my wife in our situation? 2) haban01, you are recommending maxing out a 403b first, mainly so that we can roll over to her Roth IRA later; zebrafish recommended maxing out the 403b to decrease my taxable...
by haban01
Sat Aug 24, 2013 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation and Proposed Portfolio Holdings - Advice Welcomed
Replies: 4
Views: 951

Re: Allocation and Proposed Portfolio Holdings - Advice Welc

Good Afternoon, Welcome to the Bogleheads forum! I'm close in age and are proud to see other young Bogleheads get on the right track! Please keep in mind that Wellington Bond Duration is probably in the 5 Year Range last time I checked it. Have you considered adding the Total International Bond Inde...
by haban01
Sat Aug 24, 2013 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Investment allocation strategy for a newly married couple
Replies: 9
Views: 968

Re: Investment allocation strategy for a newly married coupl

Hello Chuck, Your 403B- Fidelity is still a good option compared to others in the arena! I would max her 403B first as you will be able to do a Rollover IRA to Vanguard once she leaves her job and the kids arrive. Even without a match the deferral would make more sense. You could always do a Roth co...
by haban01
Mon Aug 12, 2013 4:53 pm
Forum: Investing - Theory, News & General
Topic: Clark Howard, the most reasonable financial guru
Replies: 24
Views: 4975

Re: Clark Howard, the most reasonable financial guru

I've listened to Clark Howard here in WI for the past 10+ years. He is on WTMJ in Milwaukee and also has the daily podcast. He does a great job of getting people to the point of being able to save and invest! He provides solid guidance on the debt/refinancing issues which is a help to many! Clark is...
by haban01
Sat Aug 10, 2013 4:34 pm
Forum: Personal Consumer Issues
Topic: Want to cut the cable cord
Replies: 67
Views: 8288

Re: Want to cut the cable cord

Digital Antenna and Netflix soon. I have never had a cable package yet. People throw away thousand dollars or more each year. If I could be 5 channel for $5.00 each duing each month it would be a better deal. Good Luck to strike a balance!
by haban01
Tue Aug 06, 2013 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: At what age you guys started investing ?
Replies: 61
Views: 5337

Re: At what age you guys started investing ?

Just started about 10 months ago at age 29, saving at 11% of gross. What I'm putting away feels pathetic compared to everyone else around here, but it's a start, and if I keep investing my raises over the coming years I'll be at a respectable savings percentage. I'm on track for a FERS defined bene...
by haban01
Tue Aug 06, 2013 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: At what age you guys started investing ?
Replies: 61
Views: 5337

Re: At what age you guys started investing ?

Started a Woodworking Hobby in my teens. Found the Diehards at age 19. All of the 20 and early 30's newbies, Don't beat yourself up! You have time on your side with even a small amount invested each month. I worry about those approaching 30 or older that choose to do little to nothing and live a lif...
by haban01
Tue Aug 06, 2013 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: At what age you guys started investing ?
Replies: 61
Views: 5337

Re: At what age you guys started investing ?

Newboggler: I started investing in 1950 at the age of 26. The S&P 500 Index was under 20. Today it is over 1,600 (not counting dividends). I should have simply bought and held a broad market index fund. :oops: Best wishes. Taylor Taylor, This information should be put on the back of every diploma g...
by haban01
Tue Aug 06, 2013 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Investing tip for the broke
Replies: 46
Views: 4960

Re: Investing tip for the broke

Im 27 I have one child and about 40,000 in student loan debt. I have no consumer debt I want to take risk and learn more about investing. I opened an account with tradeking instead of schwab is there a major difference? (A) PRIORITY In general, the investing priority that usually works well for man...
by haban01
Tue Aug 06, 2013 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: Investing tip for the broke
Replies: 46
Views: 4960

Re: Investing tip for the broke

Once you have an efund, start that Roth IRA. I opened a Fidelity rira with $200. That is their min (Vanguard $1,000) provided you do an auto- deposit of at least $200 monthly. $200/mo was the most I could afford my first year of working also. Your income will grow, and provided your expenses don't ...
by haban01
Wed Jul 17, 2013 9:31 pm
Forum: Investing - Theory, News & General
Topic: [Sad news - Pat Larimore]
Replies: 225
Views: 22091

Re: [Sad news - Pat Larimore]

Taylor, My thoughts and Prayers go out to you! I still remember when you at Pat invite me over to have breakfast with you one morning at the Hyatt at BH #3 in Chicago. This was 2002 and I can still remember the pain and anguish that you felt about the bear market. I still remember how warm and carin...
by haban01
Sun Jul 14, 2013 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Young, Dumb, and trying to learn!
Replies: 19
Views: 2709

Re: Young, Dumb, and trying to learn!

Don't bother. Youre young with a small portfolio. You can buy your way into a proper asset allocation. But you still sound somewhat unsure of what yore aa should be. Read some resources. 80/20 is fine for a young person. I like age-in-bonds as a percentage. To each their own. It doesn't matter, as ...
by haban01
Sun Jul 14, 2013 9:21 am
Forum: Investing - Theory, News & General
Topic: Why do so many do the opposite of Mr. Bogle suggests?
Replies: 76
Views: 7186

Re: Why do so many do the opposite of Mr. Bogle suggests?

Perhaps it is because Mr Bogle is human and to err is human? We are human, too. I have a follow up question: Why would anyone believe what Mr Bogle suggests? Because his record speaks for itself. Donald Trump has made a lot more money than John Bogle - but that doesn't mean it's wise to try to inve...
by haban01
Wed Jun 26, 2013 4:57 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets Fund Whipping VWO
Replies: 10
Views: 2173

Re: Emerging Markets Fund Whipping VWO

I also wonder about the drag from changing up the indexes in the spring of this year. That may be some of the drag in comparison on the YTD returns.
by haban01
Tue Jun 25, 2013 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: This Market - what to do?
Replies: 26
Views: 2992

Re: This Market - what to do?

Don't Just Do something, Stand There~!! You have a balanced portfolio. You need to remove the noise and let it work!
by haban01
Tue Jun 25, 2013 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: 27 year old Roth IRA advice please!!!
Replies: 2
Views: 453

Re: 27 year old Roth IRA advice please!!!

Good Evening and Welcome to the Bogleheads forum! As a Young Buck that found the forum in my early 20's, The advice you will receive will be sound. Truth be told, Your biggest step is to develop an asset allocation plan. How much in Stocks vs. Bonds. Most Bogleheads don't own or know what the stocks...
by haban01
Sat Mar 09, 2013 9:52 am
Forum: Investing - Help with Personal Investments
Topic: Why should young people invest in bonds at all?
Replies: 87
Views: 16048

Re: Why should young people invest in bonds at all?

I use maximum tolerable loss X 2 to determine my stock allocation - it's been printed in a number of books and was also Adrian Nenu's line here for a while... works for me. The 100 - age formula was too aggressive an allocation for me in my 20's. If it's not something you can stick with, it's not t...
by haban01
Sat Mar 09, 2013 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Why should young people invest in bonds at all?
Replies: 87
Views: 16048

Re: Why should young people invest in bonds at all?

Good Morning, First off, Congratulations on starting to save and invest. I've been here since 19 and now fast forward 10 years later, as assets grow, the loss and ability to handle that can change. In your early years, being 80/20 or 90/10 is not a big deal, Now fast forward 10 years and you will ho...
by haban01
Thu Mar 07, 2013 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax and LTCG Issue
Replies: 11
Views: 1026

Re: Turbo Tax and LTCG Issue

The fine lady I talked with said they were having issues with Vanguard and importing the 1099 forms and the numbers coming out correct so she also recommended to others a manual download and input of data. She said that this has been an ongoing problem with Vanguard and other tax filers. GLTA!
by haban01
Wed Mar 06, 2013 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: 0% 2012 LTCG for 15% Fed Bracket
Replies: 5
Views: 594

0% 2012 LTCG for 15% Fed Bracket

Bogleheads, From everything I have read the Long Term Capital Gain Rates for the 10/15% Brackets were at 0% for 2012. I just want to confirm this with my fellow experts before I raise hell!
by haban01
Wed Mar 06, 2013 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: My experience with a financial advisor
Replies: 43
Views: 4266

Re: My experience with a financial advisor

I think that for most non-boglehead types the only way they will stick to the course set is to own a balanced fund or a 3-4 fund portfolio. The adviser can add some value by hand holding as it seems that many out there need that!!! Preventing them from doing a really bad thing. I have a Boglehead fr...
by haban01
Sat Feb 23, 2013 2:11 pm
Forum: Investing - Theory, News & General
Topic: So what will people do? [if bond bubble bursts]
Replies: 66
Views: 6195

Re: So what will people do?

If the so-called bond bubble bursts, what do you think most people will do--1)nothing, 2)move some to cash, 3)move a lot to cash, 4)move some to equities, 5)move a lot to equities :?: Investors are already fearful of bond risk, as if it were worse than stock risk! Some have already taken action to ...
by haban01
Mon Feb 18, 2013 10:18 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Valentine's Day
Replies: 7
Views: 1308

Re: Happy Valentine's Day

Happy Belated V-Day to the Ryan family!!
by haban01
Mon Feb 18, 2013 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Endownment IPS
Replies: 0
Views: 204

Endownment IPS

Greetings, Bogleheads I have been asked and accepted to join an Endowment Committee for a non-for profit Local Musical group. They asked me to join the committee because of my vast interest and expertise in the Vanguard Funds :). I would like to set-up and implement an Investment Policy Statement fo...
by haban01
Mon Feb 18, 2013 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially in your late twenties?
Replies: 191
Views: 16929

Re: Where were you financially in your late twenties?

I'm turning 30 next month (my wife will in Dec.). I'm hoping for our income (teacher and part-time nurse) that we are making decisions that will benefit us in the future. Our current retirement savings is around $125k, emergency fund of 9 months, and mortgage should be paid off in 2 months. After t...