Search found 141 matches

by JBeck
Tue May 14, 2019 7:17 am
Forum: Personal Investments
Topic: Where to put money so I can have access to it?
Replies: 14
Views: 1704

Re: Where to put money so I can have access to it?

I use Ally too, 2.2% interest right now I believe
by JBeck
Tue May 14, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?
Replies: 155
Views: 12043

Re: Letting Dog out everyday for lunch... the roundtrip drive is killing me.. ideas?

We found a Facebook page for the housing development we live in and posted in that group. We found someone to come during lunch to let our dog out for $25/week, the lady was already letting her own dogs out at lunch everyday down the street.
by JBeck
Tue May 14, 2019 7:00 am
Forum: Investing - Theory, News & General
Topic: 100% stocks with 3% SWR with 60 years retirement period
Replies: 40
Views: 4034

Re: 100% stocks with 3% SWR with 60 years retirement period

It seems to me that the safest allocation, safest meaning the lowest, average and median portfolio balance at the end of 60 years, is 100% stocks. However i often see that 100% stocks is strongly discouraged on this forum and considering the data i have retrieved I would like to know why? Is there ...
by JBeck
Thu May 09, 2019 3:32 pm
Forum: Personal Investments
Topic: Target Funds VS Three Funds with OPERS
Replies: 9
Views: 898

Re: Target Funds VS Three Funds with OPERS

I'm in OPERS too; all of the funds I've seen are very low cost and you can implement either strategy effectively. Are you ok with the set glide path of the target fund you are looking at or would you like to have more control over the mix?
by JBeck
Wed May 08, 2019 5:25 am
Forum: Personal Finance (Not Investing)
Topic: What’s in your pocket?
Replies: 22
Views: 2340

Re: What’s in your pocket?

Cell phone, keys, wallet card holder with a few CC cards and drivers license
by JBeck
Thu May 02, 2019 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Giving two week's notice before stock options vest
Replies: 91
Views: 7052

Re: Giving two week's notice before stock options vest

My vote is for the 2 day notice, 20K is too big of a risk to take.
by JBeck
Tue Apr 30, 2019 6:59 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 232
Views: 30543

Re: 20 countries where 200K in retirement savings will last you decades

dm200 wrote:
Sat Oct 06, 2018 10:55 am
When I look at this list, many of the countries are those from which a great many folks I know have left to come to the US.
Bingo, my wife and her family fit the bill.
by JBeck
Tue Apr 30, 2019 5:35 am
Forum: Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 51
Views: 8571

Re: So, I want to Retire - Help ?

By the way I would look at the Rock and Roll Hall of Fame if you are in Cleveland. I bet that would be a fun place to play work. Or maybe talk to one of the Disabled Vet organizations that are in Ohio. I send them money every year. Or talk to the Cincinnati Reds baseball club. They probably need us...
by JBeck
Mon Apr 29, 2019 11:12 am
Forum: Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 51
Views: 8571

Re: So, I want to Retire - Help ?

With any decent allocation to stocks 3% has served as a perpetual withdrawal rate more or less. 3M * 3% = 90K and that is what you're estimating your expenses at. I think your portfolio needs cleaned up but you could retire. I think you could definitely retire if your wife kept working or with a par...
by JBeck
Fri Apr 26, 2019 2:54 pm
Forum: Personal Investments
Topic: 2,000,000. Now what?
Replies: 45
Views: 9783

Re: 2,000,000. Now what?

I would reinvest and do something interesting that paid the bills for a while.
by JBeck
Wed Apr 24, 2019 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate
Replies: 104
Views: 9905

Re: Savings rate

Retirement account contributions + matching divided by gross salary + matching
by JBeck
Sat Apr 20, 2019 6:23 am
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 104
Views: 5721

Re: How far would you commute?

Personally, if the pay was good I would do it.
by JBeck
Mon Apr 15, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: French Door Refrigerator Recommendations?
Replies: 65
Views: 5590

Re: French Door Refrigerator Recommendations?

My Kenmore is noisy. I did buy it for a deep discount which makes me feel better; a Sears was closing nearby.
by JBeck
Fri Apr 12, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: Avoiding market risk with nestegg
Replies: 23
Views: 3307

Re: Avoiding market risk with nestegg

Hypothetically, let's say investor X is turning 55 soon and they would like to avoid market risk entirely - can they do the following? 1. Turn 55 to use the Rule 55 which allows penalty free withdrawal. 2. Pay no income tax on any withdrawals as long as it's from Roth 401K 3. Transfer entire amount...
by JBeck
Fri Apr 12, 2019 3:29 pm
Forum: Investing - Theory, News & General
Topic: Investing With Borrowed Money
Replies: 5
Views: 683

Re: Investing With Borrowed Money

I not only did it, but I did it knowing full well what I was doing. I even took out a home loan after the original was paid off specifically to invest. It's some of the best leverage. My loan was low-rate and fixed. It's also not tied to market performance. There's never a margin call on your home ...
by JBeck
Wed Apr 10, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307950

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Does Vanguard allow you to purchase leveraged funds in your Roth? I didn't believe so. While scrolling thru this thread I saw M1 Finance mentioned a few times, is that the reason? Yes M1 Finance allows you to do this and also gives you a very convenient rebalance button so you can press it once a q...
by JBeck
Wed Apr 10, 2019 10:44 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307950

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Does Vanguard allow you to purchase leveraged funds in your Roth? I didn't believe so. While scrolling thru this thread I saw M1 Finance mentioned a few times, is that the reason? Yes M1 Finance allows you to do this and also gives you a very convenient rebalance button so you can press it once a q...
by JBeck
Wed Apr 10, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 3353
Views: 307950

Re: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]

Does Vanguard allow you to purchase leveraged funds in your Roth? I didn't believe so. While scrolling thru this thread I saw M1 Finance mentioned a few times, is that the reason?
by JBeck
Tue Apr 02, 2019 5:28 am
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 155
Views: 14289

Re: What is your annual cost for health insurance?

I read recently that an average un-subsidized annual health care policy for a family of 4 is in excess of $28,000. It didn't say what the average employee cost was. Edit: I also forgot to ask those that are still working, are your wage increases keeping up with the increase of your health care prem...
by JBeck
Fri Mar 29, 2019 3:44 pm
Forum: Personal Consumer Issues
Topic: Most durable/high quality new vehicle under 15000?
Replies: 22
Views: 1904

Re: Most durable/high quality new vehicle under 15000?

Good afternoon friends, I drive a Hyundai Tucson right now and am planning for my future vehicle (which might be purchased in 8-9 years, which vehicle that is under 13000 to 14000 USD would you guys recommend that constitutes top quality and durability? I know my options are limited, yet there are ...
by JBeck
Wed Mar 27, 2019 12:17 pm
Forum: Investing - Theory, News & General
Topic: Why is my retirement plan investing in private equity?
Replies: 19
Views: 1367

Re: Why is my retirement plan investing in private equity?

We have the same fear. At least you have a sense of humor about it, haha Actually I figured that the best way is to just leave the plan assets in Opers, and just take RMD every year after 70.5 until we die. That's the absolutely superior method over both taking a lump sum (massive tax hit) or takin...
by JBeck
Wed Mar 27, 2019 11:47 am
Forum: Investing - Theory, News & General
Topic: Why is my retirement plan investing in private equity?
Replies: 19
Views: 1367

Re: Why is my retirement plan investing in private equity?

Thank you! I'm in agreement, I'll likely roll everything to my IRA unless I decide to partially annuitize in order to cover fixed expenses. Apparently you can leave your investments at Opers (which is usually a great choice) until you're 70 years old. Then you can just take distribution (lump sum o...
by JBeck
Wed Mar 27, 2019 10:47 am
Forum: Investing - Theory, News & General
Topic: Why is my retirement plan investing in private equity?
Replies: 19
Views: 1367

Re: Why is my retirement plan investing in private equity?

I'm with OPERS as well; relatively new member. Is this a true statement? The non-RMA piece can be rolled into a TIRA if you separate prior to age 55, however if you separate after age 55 the non-RMA piece must be annuitized. https://www.opers.org/pubs-archive/leaflets/2019-03-ISL-C-Terminating-Publ...
by JBeck
Wed Mar 27, 2019 10:26 am
Forum: Investing - Theory, News & General
Topic: Why is my retirement plan investing in private equity?
Replies: 19
Views: 1367

Re: Why is my retirement plan investing in private equity?

"I'm with OPERS Defined Contribution plan". If you look closely, OPERS is referring to their Defined Benefit Contribution Plan(Traditional Pension) on the private equity comment. This is different from yours. If this is Ohio, like you I'm part of the member direct plan(Defined Contribution) which h...
by JBeck
Mon Mar 25, 2019 11:44 am
Forum: Personal Consumer Issues
Topic: Lawnmower(s)
Replies: 43
Views: 3575

Re: Lawnmower(s)

I used to work for an outdoor power equipment company that made push mower, self-propelled, riders, snowthrowers, etc. You are correct about battery powered mowers. They are the future, but performance wise the they are far behind gas powered. Also the technology is expensive, so if you need a batte...
by JBeck
Wed Mar 20, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: Three-Fund Portfolio (2nd Grader's) vs S&P 500
Replies: 39
Views: 4107

Re: Three-Fund Portfolio (2nd Grader's) vs S&P 500

My portfolio is 100% VFIAX, I'm 35. I do see the value of bonds though and plan to add them around age 50; projected retirement age is early 60's
by JBeck
Tue Mar 05, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Riding lawn mower recommendation
Replies: 12
Views: 915

Re: Riding lawn mower recommendation

Cub Cadet and Troy-Bilt offer some nice products, I'd check out Craftsman @ Lowe's too. Stay away from Husqvarna, they are getting out of the outdoor power equipment business after this year.
by JBeck
Sat Mar 02, 2019 5:48 pm
Forum: Personal Consumer Issues
Topic: online MBA
Replies: 20
Views: 1959

Re: online MBA

I'm a IT professional in the lead/supervisory level who is satisfied at my current job/position but want to solidify my marketability in the event a promotional opportunity arises or if I'm forced to find another job. I'm in SoCal and my employer offers a tuition discount program with a local unive...
by JBeck
Thu Feb 14, 2019 2:19 pm
Forum: Personal Consumer Issues
Topic: What's up with my snowblower?
Replies: 24
Views: 1560

Re: What's up with my snowblower?

I work for the company that manufactures your snow blower. You can call 1-800-828-500 and ask to talk to a Service Tech who can help you diagnose the problem free of charge. Ask if there are any service advisories related to your unit and if the failure experienced was reasonable within the time per...
by JBeck
Fri Feb 01, 2019 9:57 am
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 191
Views: 60068

Re: NE Ohio (Cleveland Area) Master Thread

Russianbear wrote:
Sun Jan 13, 2019 1:55 pm
I live in Brunswick. How can I get in on this action?
Brunswick here as well!
by JBeck
Wed Jan 23, 2019 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 6028

Re: Help needed: wife seeking new job to escape megacorp hell

I highly recommend the Ask a Manager site, https://www.askamanager.org/ . Besides just being fantastic reading for hilarious and horrifying work stories, Alison Green gives great advice about job searching, resumes, cover letters, networking, interviewing, dealing with difficult bosses and coworker...
by JBeck
Wed Jan 16, 2019 12:32 pm
Forum: Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 87
Views: 11977

Re: 100% in VTSAX - Is it crazy???

Hey Gang, For the last year I 18 months I have been 100% invested into VTSAX and I must admit I have slept great. When I was first turned onto the boglehead nation I was a firm believer in the 3 fund portfolio and I often got into the discussion of how much international. I always tended to have th...
by JBeck
Wed Jan 16, 2019 12:19 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 19226

Re: Are You Dumping Netflix?

Netflix announced today that they will be increasing their subscription rates. The basic plan will increase 12.5% (from $7.99 to $8.99). The standard plan will increase 18.2% (from $10.99 to 12.99). The top-tier plan will increase 14.3% (from $13.99 to $15.99). We have been considering getting a fi...
by JBeck
Sat Dec 08, 2018 1:28 pm
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 191
Views: 60068

Re: NE Ohio (Cleveland Area) Master Thread

Thanks for the info!
by JBeck
Thu Dec 06, 2018 7:07 am
Forum: Personal Consumer Issues
Topic: Warm Sleepwear
Replies: 21
Views: 2679

Re: Warm Sleepwear

How about a Snuggie?
https://snuggiestore.com
by JBeck
Sat Dec 01, 2018 3:44 pm
Forum: US Chapters
Topic: NE Ohio (Cleveland Area) Master Thread
Replies: 191
Views: 60068

Re: NE Ohio (Cleveland Area) Master Thread

I live close by in Brunswick and would be interested in joining. What's that process look like? How many participants are in the NE Ohio chapter?
by JBeck
Sat Nov 10, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage with or without spouse?
Replies: 26
Views: 2088

Re: Mortgage with or without spouse?

I ran into the same dilemma, so I added my wife to my credit cards and her credit score became almost even with mine; we're both on the mortgage.
by JBeck
Thu Sep 27, 2018 6:21 am
Forum: Personal Consumer Issues
Topic: Riding lawn mower repair help?
Replies: 8
Views: 1295

Re: Riding lawn mower repair help?

I would first check if it was still under warranty, if not call the manufacturers service line and they should be able to troubleshoot/walk you thru the repair. Out of curiosity what's the brand name?