Search found 364 matches

by TOJ
Fri Aug 26, 2016 7:43 am
Forum: Personal Consumer Issues
Topic: Play account at Robinhood.....less than $100
Replies: 22
Views: 3184

Re: Play account at Robinhood.....less than $100

You could do this with a spreadsheet and no actual money. Build a portfolio of what you think are winners, and see if you can beat the S&P as a whole.
by TOJ
Wed Aug 24, 2016 7:50 pm
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 83
Views: 11190

Re: Aug. 2017 US total eclipse hotel reservations.

Why haven't the mods saved us from this interesting conversation?
by TOJ
Tue Aug 23, 2016 3:44 pm
Forum: Personal Investments
Topic: Can I semi-retire (or retire?)
Replies: 78
Views: 9162

Re: Will I be able to tell my wife I can semi-retire (maybe retire!)?

Yes, could be awkward if your retirement now delays her own by several years. Not sure that'd fly in my family, lol.
by TOJ
Sun Aug 21, 2016 1:18 pm
Forum: Investing - Theory, News & General
Topic: This is why a 100% stock allocation is a bad idea
Replies: 71
Views: 15121

Re: This is why a 100% stock allocation is a bad idea

If you had sold from bonds instead, you would have had to sell stocks to rebalance back into bonds.
by TOJ
Fri Aug 19, 2016 11:48 am
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 9154

Re: Dividends, and the curse of popularity

What's the alternative? Literally selling a few shares when low? That's not really an alternative; it's pretty much the same thing. An alternative would be not selling at all. If you're accumulating or if you have bonds that you can live on until the market recovers, that sounds a lot better than t...
by TOJ
Fri Aug 19, 2016 11:10 am
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 9154

Re: Dividends, and the curse of popularity

I like our dividends! Some Jack said about opening your mailbox and receiving your dividend check sounds so neat! It is not "free" money. It is as if some FA somewhere was selling a few shares of your fund and sending you the proceeds. What if the market is way down? How does selling low sound? Wha...
by TOJ
Thu Aug 18, 2016 11:51 pm
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 9154

Re: Dividends, and the curse of popularity

The article's contention that the preference for dividends is misguided is, in my opinion, wrong. It depends what you consider to be the purpose of a corporation. I think a mature public corporation exists for the purpose of paying out a portion of its earnings anually to its owners. A start up or ...
by TOJ
Thu Aug 18, 2016 11:43 pm
Forum: Investing - Theory, News & General
Topic: Dividends, and the curse of popularity
Replies: 91
Views: 9154

Re: Dividends, and the curse of popularity

Regarding stock buybacks. At $100 oil, many oil companies were buying back shares in addition to issuing their quarterly dividend. A lot of good those buybacks did when the oil price plummeted along with stock valuations. The buybacks stopped when it tanked, but they've all hung on to that dividend ...
by TOJ
Thu Aug 18, 2016 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Geico Mechanical Breakdown Insurance - Is it worth it
Replies: 16
Views: 26310

Re: Geico Mechanical Breakdown Insurance - Is it worth it

LadyGeek wrote:
I can't see the reason for this insurance. It's secondary to a manufacturer's extended warranty, what could be covered that an extended warranty does not?
Well, extended warranties are roughly twice this price, in my experience.
by TOJ
Thu Aug 18, 2016 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Geico Mechanical Breakdown Insurance - Is it worth it
Replies: 16
Views: 26310

Re: Geico Mechanical Breakdown Insurance - Is it worth it

It seems to provide coverage only for the first 15 months and 15K miles. So, most of this duplicates the manufacturer's warranty. Also, the likelihood of a Honda breaking down in the first 15 months with less than 15K miles, is not very likely. I would pass on this. No, you can keep it for 7 years ...
by TOJ
Tue Aug 16, 2016 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Joint Accounts - How do you use it?
Replies: 103
Views: 11000

Re: Joint Accounts - How do you use it?

For all practical purposes, we are fully joint except for the obvious retirement accounts. We both had checking, savings, and CC accounts before we got married. We closed many of those but strategically left a few open if we felt like we needed to be able to go to that bank for some reason (specific...
by TOJ
Tue Aug 16, 2016 3:36 pm
Forum: Personal Investments
Topic: new chapter of life started - want to save and grow money
Replies: 84
Views: 10723

Re: new chapter of life started - want to save and grow money

You may need to ask them about that 401k match. To me, it reads like they'll contribute 1.5% if you contribute at least 3%.
by TOJ
Mon Aug 15, 2016 10:06 am
Forum: Personal Investments
Topic: Selling vested RSUs question
Replies: 5
Views: 735

Re: Selling vested RSUs question

I have an RSU and brokerage account at Fidelity and it knows the cost basis. Day of vesting.
by TOJ
Fri Aug 12, 2016 5:07 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2691
Views: 1778725

Re: "Why Buy Bonds?"

If I wanted to test myself by taking out the bond portion of this portfolio, would going 80 VTSAX/ 20 Int'l be something that might be a good portfolio (for someone who wants 100% stocks)? Yes. I think it would be an excellent all-stock portfolio. However, I believe there are very few investors who...
by TOJ
Fri Aug 12, 2016 1:56 pm
Forum: Personal Investments
Topic: Got equity from my employer, want to diversify
Replies: 6
Views: 779

Re: Got equity from my employer, want to diversify

Why do you want the money to stay with Schwab? Have those RSUs vested? As soon as those shares vest, it is income, and is taxed at however else your regular income is taxed (and by that I mean by political boundaries). You should then be able to sell them immediately as they vest, and move the money...
by TOJ
Thu Aug 11, 2016 7:31 pm
Forum: Personal Consumer Issues
Topic: Suppose one has been rear ended...
Replies: 33
Views: 3955

Re: Suppose one has been rear ended...

You can cancel a claim.

I would make the claim and go get estimates ASAP. I would tell the other party what the estimates are. I would get them to pay me and then I would cancel the claim.
by TOJ
Thu Aug 11, 2016 8:23 am
Forum: Personal Consumer Issues
Topic: Best Crossover SUV to purchase
Replies: 146
Views: 28564

Re: Best Crossover SUV to purchase

You need to check out the new Ridgeline.
by TOJ
Wed Aug 10, 2016 10:35 pm
Forum: Investing - Theory, News & General
Topic: Bogle & Buffett on International Investing
Replies: 107
Views: 16341

Re: Bogle & Buffett on International Investing

Owning international corresponds with buying the haystack.
by TOJ
Sat Aug 06, 2016 10:47 pm
Forum: Personal Investments
Topic: Traditional or Roth IRA- confused
Replies: 23
Views: 1741

Re: Traditional or Roth IRA- confused

Your income will be higher throughout your career. But when you're retired?
by TOJ
Fri Aug 05, 2016 2:17 pm
Forum: Personal Investments
Topic: Struggling with maxing out Roths. Advice?
Replies: 40
Views: 3908

Re: Struggling with maxing out Roths. Advice?

Yes. But not for 2016.

It is "use it or lose it" till April 15 of the following year.
by TOJ
Fri Jul 29, 2016 9:49 pm
Forum: Personal Consumer Issues
Topic: Interview in Silicon Valley - Suit?
Replies: 95
Views: 12813

Re: Interview in Silicon Valley - Suit?

There are very few workplaces anymore in which you'd wear a suit regularly. I'd wear a suit to any interview. Good riddance to any job who'd disqualify you for "overdressing" in a conservative suit. Show up in a tux? Ok, then you're in the wrong. My father has a story about getting a job at UPS whil...
by TOJ
Fri Jul 29, 2016 9:45 pm
Forum: Personal Investments
Topic: Are my funds based on the movement of the Dow or Nasdaq?
Replies: 7
Views: 1457

Re: Are my funds based on the movement of the Dow or Nasdaq?

Neither. Find the ticker of your mutual fund and look it up. It will tell you the index it tracks. It will be one you've never heard of and the news does not mention it when it discusses the stock market.

Your total stock fund probably closely follows the S&P 500, which is reported on.
by TOJ
Fri Jul 29, 2016 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Any retirees here who have been life-long renters?
Replies: 140
Views: 16449

Re: Any retirees here who have been life-long renters?

Paying people to do things around the house is as financially imprudent as buying luxury cars. Some of the prices I've seen quoted here for simple DIY jobs is astounding. Of course you should rent if mulching the beds is something you won't deign to do. Calling the same guys to do the work is a sure...
by TOJ
Tue Jul 26, 2016 4:40 pm
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 31172

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

JLMA wrote: So why have any bonds AT ALL during the accumulation phase since one does not need AT THAT TIME the safety Bonds provide? Is your assumption that in the long term stocks are safe? Do you have a guarantee that all your investments and earnings will be there if you simply hold until you a...
by TOJ
Mon Jul 25, 2016 11:32 am
Forum: Personal Investments
Topic: HSA options
Replies: 4
Views: 469

Re: HSA options

You can still use that money on health expenses even though you no longer a have an HDHP. So just get a fee-free HSA like mentioned above and use it for dentist, eye, and regular doctor expenses. Including copays along with your new traditional insurance. You can't use it to pay premiums. Look up th...
by TOJ
Mon Jul 25, 2016 11:22 am
Forum: Personal Investments
Topic: TSP only or TSP and Outside IRA Mix?
Replies: 11
Views: 1202

Re: TSP only or TSP and Outside IRA Mix?

I'd have all assets in that TSP if I could. You won't beat the ER even at Vanguard. The one thing the IRA helps with is flexibility of different options. But, that is not necessary with such excellent options in the TSP.

Once I could afford to save even more beyond the yearly max, I'd open a Roth.
by TOJ
Sun Jul 24, 2016 7:39 pm
Forum: Investing - Theory, News & General
Topic: NY State College 529
Replies: 6
Views: 869

Re: NY State College 529

Aggressive age-based NY529 user here. From a no-income tax state. It more than adequately receives my money.
by TOJ
Sun Jul 24, 2016 11:14 am
Forum: Personal Investments
Topic: Debating on funding Roth IRA from HSA distributions - Thoughts?
Replies: 13
Views: 1168

Re: Debating on funding Roth IRA from HSA distributions - Thoughts?

So you can already fund the Roth without this money? Yes you are correct, you can pull money out now for expenses from a few years ago. I would pull it out and pay down debt or invest in taxable, if only to emancipate myself from having to keep up with the receipts of yesteryear. I always put health...
by TOJ
Sun Jul 24, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?
Replies: 267
Views: 31172

Re: Help Me Understand: Why Shouldn't AA Be 100% Stocks During Accumulation Phase?

People consider their retirement accounts as extensions of their emergency and college funds. E.g., no buckets, it's all the same money. If an emergency hits, they spend emergency funds and then spend retirement funds. Ergo, they are sensitive to volatility. I don't agree with this, and do buckets. ...
by TOJ
Fri Jul 22, 2016 3:41 pm
Forum: Personal Investments
Topic: 401(k) Contribution Help
Replies: 4
Views: 485

Re: 401k Contribution Help

Can't answer; insufficient information.

viewtopic.php?f=1&t=6212
by TOJ
Fri Jul 22, 2016 3:23 pm
Forum: Personal Investments
Topic: No VG funds in 401k! HELP!
Replies: 26
Views: 2380

Re: No VG funds in 401k! HELP!

sorry to continue this thread but I have one burning question. I chose the Wells Fargo CITN20 fund. I have read/heard that CIT funds are very complicated when you end up leaving the firm. Unlike a traditional fund, you have to liquidate the CIT and roll over the cash proceeds into an IRA. This is j...
by TOJ
Fri Jul 22, 2016 3:21 pm
Forum: Personal Investments
Topic: No VG funds in 401k! HELP!
Replies: 26
Views: 2380

Re: No VG funds in 401k! HELP!

The WF index fund. Use the flexibility of the Roth IRA and future Roth IRA contributions to round out your desired AA. If in several years you have not moved on to a new job with better 401k options, you may indeed have an overweight S&P 500 allocation. That will be a dilemma then. For now, it's pre...
by TOJ
Thu Jul 21, 2016 9:50 pm
Forum: Personal Consumer Issues
Topic: Expensive car maintenance or allocate to next car fund?
Replies: 37
Views: 6346

Re: Expensive car maintenance or allocate to next car fund?

Brake pads are deceptively easy. But, if you don't have tools, buying the tools and DIY will cost as much as getting them done. Still, I'd be inclined to spend the ~$250 to DIY and never pay anyone to do brakes again. Harbor Freight jack, jack stands, wheel chocks, electric impact wrench, and impact...
by TOJ
Thu Jul 21, 2016 9:28 pm
Forum: Investing - Theory, News & General
Topic: I'm down 44.22% YTD, 48.93% in 52 weeks
Replies: 51
Views: 13569

Re: I'm down 44.22% YTD, 48.93% in 52 weeks

These are the best types of threads to bump, actually. A peek into mindsets during the bad times.
by TOJ
Wed Jul 20, 2016 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Should IRA lose money?
Replies: 30
Views: 2416

Re: Should IRA lose money?

I may have gone in, with the wrong impression of what an IRA actually is. I saw it as a retirement account, that steadily grows over time. I figured the growth would be less than a more volatile market strategy; but that would be inherent with unfailingly steady compound-interest gains. I didn't en...
by TOJ
Wed Jul 20, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should IRA lose money?
Replies: 30
Views: 2416

Re: Should IRA lose money?

I may have gone in, with the wrong impression of what an IRA actually is. I saw it as a retirement account, that steadily grows over time. I figured the growth would be less than a more volatile market strategy; but that would be inherent with unfailingly steady compound-interest gains. I didn't en...
by TOJ
Wed Jul 20, 2016 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Should IRA lose money?
Replies: 30
Views: 2416

Re: Should IRA lose money?

You buy investments within an IRA. Those investments do go up and down. Index mutual funds are one such investment option. Shares of Coca Cola are another option. Doing nothing and leaving it as cash is also an option. What did you invest in within your IRA? I think you have a lot of reading to do o...
by TOJ
Wed Jul 20, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: Do chipped ATM only cards offer more protection vs unchipped?
Replies: 21
Views: 2482

Re: Do chipped ATM only cards offer more protection vs unchipped?

I am not sure the difference is significant. The number can still be typed in online to buy something. If the cashier doesn't check ID, it can still be used by someone other than you. They still have magnetic strips, so I suspect they can still be skimmed. I think the biggest difference is that skim...
by TOJ
Wed Jul 20, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: 15 Year vs 30 Year Mortgage + Student Debt
Replies: 13
Views: 1665

Re: 15 Year vs 30 Year Mortgage + Student Debt

I vote 30-yr and focus on eliminating the other debt. You could be down to only having mortgage debt by the time you have your kids. Maybe refinance to 15-yr then.
by TOJ
Wed Jul 20, 2016 2:41 pm
Forum: Investing - Theory, News & General
Topic: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers
Replies: 118
Views: 19457

Re: Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers

"Significantly reduced standard of living", or significantly smaller bills? Capped property taxes, no kids (or college), paid off house, no car notes, no commutes, no dry cleaning bill. I can think of several things I won't be paying for at 65 that I do pay now. If you live on 75% of your gross, and...
by TOJ
Wed Jul 20, 2016 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Adopt my Girlfriend???
Replies: 38
Views: 9096

Re: Adopt my Girlfriend???

Or you could you know get married... We are talking about Maryland, though :P I kid, I kid! Is marriage out of the question for some reason? She is a widow and gets a pension and paid medical for life from her late husband. On top of that she can retire at 62 on 81% of his SS benefit, Survivor Bene...
by TOJ
Wed Jul 20, 2016 1:49 pm
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 14692

Re: Why did the car salesman stop replying to my emails

I have never had good experience online. They hate dealing with internet shoppers because they are flaky and obviously are shopping around. You'll have their undivided attention if you go to the dealer. But then you get the pressure treatment that everyone hates.
by TOJ
Wed Jul 20, 2016 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: I froze my credit, here's what happened next...
Replies: 20
Views: 5038

Re: I froze my credit, here's what happened next...

Reading through this thread makes me wonder why this is not the free, default, norm? Obviously it's because they can charge for it. But still, this seems like common sense.
by TOJ
Sat Jul 16, 2016 9:07 pm
Forum: Investing - Theory, News & General
Topic: have we reached the tipping point in the active vs. passive battle
Replies: 43
Views: 7319

Re: have we reached the tipping point in the active vs. passive battle

Passive investors aren't really passive in another way also: If they're in accumulation they're buying more shares every month and year in 401ks etc., and if in distribution they're selling shares over time. Plus everyone is rebalancing periodically, between equity classes as well as bonds/stocks. ...
by TOJ
Wed Jul 06, 2016 9:06 am
Forum: Personal Investments
Topic: 401K and ESPP Investing
Replies: 17
Views: 1879

Re: 401K and ESPP Investing

Question:

On these ESPP plans, is the quarterly withholding pre-tax or after-tax?
by TOJ
Tue Jul 05, 2016 9:55 pm
Forum: Personal Consumer Issues
Topic: replacing an iPhone, first time with the "new non-subsidized model"
Replies: 48
Views: 5930

Re: replacing an iPhone, first time with the "new non-subsidized model"

I like the new model with the price of the phone separated from the plan. It makes things much more transparent. 1. Pick your package of minutes / texts / data. 2. Pick out a phone, divide the price of the phone by 24 months (or whatever) and pay for the phone with an interest free loan. The monthl...
by TOJ
Tue Jul 05, 2016 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Please help! Buyer's remorse, need advice
Replies: 104
Views: 14616

Re: Please help! Buyer's remorse, need advice

Should have kept the F150... But I am biased as I just bought one a week or so ago :mrgreen: As far as value though, all trucks except dodges pretty much hold their value. My last truck was a ranger I paid 19k for, drive it for 8 years and put 160k on it and sold it for 9k. Same reason I bought a n...
by TOJ
Tue Jul 05, 2016 7:52 am
Forum: Personal Consumer Issues
Topic: replacing an iPhone, first time with the "new non-subsidized model"
Replies: 48
Views: 5930

Re: replacing an iPhone, first time with the "new non-subsidized model"

ATT will also sell you the phone on a 24 monthly payment plan at 0% interest so it works just the same as the old plan but now it is overtly apparent what the phone actually cost you. I think this, more than anything, is the reason behind slumping iphone sales. Transparent cost of the device alters...
by TOJ
Sun Jul 03, 2016 9:00 pm
Forum: Investing - Theory, News & General
Topic: Devil's Advocate for not significantly changing my International Allocation
Replies: 39
Views: 4660

Re: Devil's Advocate for not significantly changing my International Allocation

Would you be having these thoughts if international had gone up over the last few months?
by TOJ
Fri Jul 01, 2016 1:09 pm
Forum: Personal Investments
Topic: after tax 401k contributions?
Replies: 19
Views: 1613

Re: after tax 401k contributions?

EDIT: Half this post wasn't applicable.