Bogleheads.org

TA_Lurker

I have $5k laying around that I should never need to tap (have plenty of other emergency funds as well). The only reason I forsee ever needing this money would be if online poker were to legislated/regulated in the US in the 1.5-2 yrs (unlikely). I've been trying to have extra liquid funds in case ...

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Jay69 wrote:
TA_Lurker wrote:
Dave76 wrote:You're probably single. A wife is usually a big drain on finances.
The mysogyny here is palpable.

What does "mysogyny" mean anyway?

http://lmgtfy.com/?q=misogyny

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Dave76 wrote:You're probably single. A wife is usually a big drain on finances.

The mysogyny here is palpable.

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SamGamgee wrote:$1500 sounds pretty high.

In terms of total hours slept the benefit of paying $1500 to live near work versus paying $1000 for a studio apartment an hour from work via the T are probably worth it for someone who will otherwise be very sleep deprived.

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Hi -- A friend is probably going to move her investments from other mutual funds as follows (this is her entire portfolio, and all are in IRAs or Roth IRAs): $10K into VBTLX (Total Bond) Roth IRA $3K into VIPSX (TIPS) Roth IRA $10K into VTSAX (Total Stock Market) IRA $4K into VGTSX (Total Internati...

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Could you elaborate on why it's hard to fire people? In the states I've lived in I've always been told that employment at will means that with narrow exceptions I can be fired for any reason or no reason. I don't see how it could be any easier than that. I think it's a fear of lawsuit thing. If you...

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With respect to some of the posts upthread: 1) someone said she can put $10K in an IRA now. It is actually $12K since she is over 50. 2) I would go for the Roth not the TIRA since you can put more in ($6K per year post tax vs $6K pretax) 3) No one has said anything about an emergency fund - does sh...

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Thank you for everyone's input so far. I will provide more information below. I believe she has anywhere from 10k to 12k sitting in her savings account. And of that amount, I believe she already put 4k in the newly opened Vanguard account (sitting on MM until I can help her decide which fund(s) to ...

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This gets to one of the questions we've had. We contribute as much as possible to IRAs, but only contribute to her 401k to get the match and still have room to contribute there. The high costs of the choices in her 401K have made us wary of contributing more, but is that outweighed by the benefits ...

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Does your mother have the means to save for her own retirement at this point? How much is "some money" in her savings account?

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555 wrote:You are in serious danger, and there is no reason for you to keep putting yourself through this.

Love?

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retiredjg , if it seems I've painted my partner in a harsh light in a few lines, that wasn't my intent. It's such a difficult ordeal. Being united in a relationship helps when we can solve problems together, and for the most part, my partner and I do. But I'm concerned that her lack of financial li...

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This is clearly a medical question. ZONEROOM your future step-daughter is in the process of killing herself. Addiction doesn't exist in a vacuum. EVERYONE involved in this woman's life needs to confront the reality of her addiction, preferably in therapy.

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I think tracking my spending on mint has been quite fun and empowering. It first of all helps with answering the question of how much money I really need every month to cover basic expenses. Then, it helps identify where you can cut down. Even though I thought of myself as naturally frugal, it was ...

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Le mieux est l'ennemi du bien.

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I would love some help with Investment Allocation for my Fidelity 401K, as well as a general diagnosis of how I am doing. Hi sdubz, I think you're doing well. Starting to save at your age puts you ahead of 99% of your peers. Well done! I do have a few suggestions for you: 1. Your emergency fund see...

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Senatorium wrote:They don't want to walk away from it because they are scared the bank would come after them for the difference if the house sold for less

Do they have any assets for the bank to take? It doesn't sound like they do.

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"• Dad can consider retiring or go PT at 55yo if he wants. 9/3." Could you talk more about how this conversation went? It seems like you two have very different expectations for your own career and this might be at the heart of the problem. You need to agree on your desired retirement dat...

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I do use Mint, but I'm a little down on it these days, because I feel like it keeps showing bad/old information. My student loan info is never right, and I have to reset my Chase account periodically. On the whole, it's free, and it's useful, and I think it's basically secure, but there are some mi...

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The rules are in place to prevent the top earners in a company from creating or maintaining a plan that favors them to the disadvantage of the entire employee base. Wait, how is that even possible? That doesn't make sense. "http://en.wikipedia.org/wiki/401(k)" Highly compensated employees...

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Well, depending on your degree of interaction with Google, they could have access to your location, e-mails, contact information, task list, calendar & schedule, browser history, documents and spreadsheets (google docs), photos (picasa), videos (you tube), purchase history (google checkout). Th...

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thanks for replying. I wanted to make sure I understood the process before filing my return. As they say crap in, crap out.

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The facts: In August 2011 I contributed $500 to my Roth IRA for the year 2011 to cover a contribution gap while I switched employers. In January 2012 I decided to make a Traditional IRA contribution for the year 2011. My Traditional IRA contribution is fully deductible and after working through TaxA...

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820 N Pollard St, Arlington, VA 22203 (near DC) - big, pretty complex with lots of units at any given moment to buy or rent. Which is better? Units are selling for about $430,000, renting for about $2,100/month. Taxes are about $3100/year and HOA fees come to about $475/month. Looks like monthly mo...

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mwm158 wrote:Why are these sad stories? I prefer to see this as reducing inefficiencies.

So you attribute none of these outcomes to things beyond the control of these individuals?

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How do you put a price on the commitments required by home ownership?

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porro wrote:How it was done . . . well, it was intellectual property. You would know if I mentioned it.

I wouldn't be so sure about that...

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rrosenkoetter wrote:You guys need 3 checking accounts...

His/Hers/Joint

Every month put:
7k into the Joint (used for all fixed and variable family spending)
1k into His
1k into Hers
4k into a Joint Vanguard account.
Try this for a year.

Best advice in all three threads.

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This is why relying on websites may not be the best strategy. The date one inherits the stock . . . meaning the day it's actually put into one's name may be completely different from date of death. It's my understanding that Date of Death is used to determine basis, not date of inheritance. When I ...

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Liquid wrote:
TA_Lurker wrote:
MoneyMoneyMoneyyy wrote:
I wanted to point out that your goal of an annual return exceeding 10-15% isn't realistic.
10-15% is certainly possible, but it depends much more on your own personal characteristics and risk tolerance.

Could you please elaborate?

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Assuming these assets are held in a taxable account your cost basis is reset (I think the term is "stepped up") to the value of the assets on the date you inherited them. You would only pay taxes on any gains earned since that date.

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What I really want is to fully invest my cash to a growth high reward portfolio (10-15% return annually or higher). I really want to have a cashflow investment portfolio so I can just travel the world. Welcome MoneyMoneyMoneyyy. By saving $165k at your age you've given yourself an amazing head star...

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Geez, thanks for the help, guys. I'm not trying to be mean, it's just that A) your posts lack specific, actionable, questions and B) despite receiving advice from practically every active participant of these boards you haven't yet advanced the topic which you're discussing. You're not participatin...

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Hey, mptfan, If you don't like his posts, then simply don't read them. This. Don't like it, don't click it. Dude, you're starting a third thread on the exact same topic . Your wheels are just spinning bro. That you've managed to shock and bore this assembly of misers with your exhausting tales of p...

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Background: Emergency Funds: I have about $60,000 in my personal savings, so I guess that qualifies as emergency fund, although I don't designate it as such. Debt: $0 school loans Age: 25 Dessired Asset allocation: not sure, somewhat aggressive since I'm young. Maybe 30-40% bonds or so, and 60-70% ...

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Uh-boy...just as I was starting to feel a little hopeful. I guess most posters think I should give a significant amount of slack so I'll try that. Later on if it doesn't seem to be helping, I'll dust off the old "pair" (think I can find them around here somewhere) and put my foot down. Sh...

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Go to your local library, pick up a copy of Cadillac Desert, and see if your local reservoir is mentioned in the index. Also, skip the chapter on the "Johnstown Flood".

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simplecd wrote:Thanks. Btw, what is 529 contribution deadline. From gift tax standpoint? December 31 or April 15?

Varies by plan. Check with your custodian.

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ladders11 wrote:
TA_Lurker wrote:BS Report with Bill Simmons
I can recommend the Rich Eisen podcast for NFL fans.

If I had to recommend only one BS Report to a listener I would suggest his interview with Al Michaels. Al has some fascinating stories and Simmons gets the best out of him.

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It's obvious to everyone at this point that Cutler is the better qb, right? I mean, he was a candidate for MVP prior to his injury.

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The big ones you've heard of: Adam Corolla Podcast BS Report with Bill Simmons This American Life Two you should try: The Larry Miller Show -- a once a week 40ish minute podcast from comedian Larry Miller. Larry tells showbiz stories and rifs on life, love, and marriage. It's G rated but still enter...

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I'm don't have a great understanding on the whole IRA thing. My job has plans based on projected retirement date. I think I picked the 2045 plan. I honestly have no idea where the money goes. BIG red flag for me right there. I would not make a decision about this money until you figure this piece o...

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Also I do agree that I probably shouldnt do it all at once to start with. Maybe try a smaller amount just to make sure it works out smoothly and add more soon. I also wanted to comment on this part. Your investment strategy should never be contingent on short term fluctuations in the market (i.e. t...

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I have decided to invest it and after much research I like the boglehead philosophy best. Want to do an emergency fund of about 15k and spread the rest over low cost index funds. 75% US stocks and 25% bonds. Technically the money is mine, but I did run it by parents because they did afterall give m...

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Quick question. I'm not at 2k in my roth IRA account. Still waiting for more funds before investing. But I've been recently thinking about buying some real estate in the near future. My father owns several investment properties and is encouraging me to save money and learn more about the opportunit...

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She is really to the point where she needs professional financial planning and estate planning advice. +1. There's a range of issues to consider in addition to creating a tax efficient portfolio with an appropriate stock/bond ratio. She needs tax and estate advice. Focus your energies on helping he...

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My friend just had to have a new hard drive installed. He was about to download iTunes then sync his phone. But I remember my brother doing this a whole back and the IPhone thought the virgin iTunes was the most up to date data. And it accordingly wiped out the contacts on the phone, instead copyin...

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What can I say to him to explain why my selling my current home is the best decision? Its not his decision anyway, but I'm tired of listening to him complain about everything, all the time. Try "Thank you for your concern but we have made our decision." If that doesn't work try "Than...

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You've tried, you've failed to persuade her, so don't argue with her any more. She doesn't regard you as an authority, that may be perfectly reasonable. Being excepted as an authority may be more important than any actual arguments, in terms of persuasion....Buy her some Boglehead books, regardless...

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Cherokee8215 wrote:The problem is with him drinking, then driving. If I were you, I'd invite him to my next party, but if he does not agree to have a DD or agree to spend the night, he can't come. That needs to be a conversation in advance of the party.

I think this is the best advice.

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