Search found 67 matches

by ZeroWealth
Sat Jan 14, 2017 7:01 pm
Forum: Personal Consumer Issues
Topic: Where do you buy coffee beans?
Replies: 96
Views: 9291

Re: Where do you buy coffee beans?

We currently get big bags of whole beans at Costco. Been drinking decaf for years but slowly working my way towards a more caffeinated lifestyle. :twisted:
by ZeroWealth
Sat Jan 14, 2017 6:57 pm
Forum: Personal Investments
Topic: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?
Replies: 6
Views: 1157

Re: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?

:beer ... I do not have any bonds on my brokerage account (I have TSM and EM) I gave to you the advice on TSM, TISM , LT exempt state tax because I don't know your risk comfortable level :mrgreen: ..... I kind of follow advice from Suza Orman "Interest goes up, bonds goes down", but I also follow B...
by ZeroWealth
Fri Jan 13, 2017 5:54 pm
Forum: Personal Investments
Topic: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?
Replies: 6
Views: 1157

Re: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?

Most of the BH recomenda EF to be place on a 1% saving, but if this $ is extra for 7+ years I do it TSM / TISM and some LT tax exemp state bonds ... but all up to you , I am comfortable with a 8.5 / 9 risk factor in my taxable account :sharebeer I definitely think for a good portion of people, that...
by ZeroWealth
Fri Jan 13, 2017 5:20 pm
Forum: Personal Investments
Topic: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?
Replies: 6
Views: 1157

Re: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?

mcraepat9 wrote:If you just did this in December, your gains should be minimal. Whatever you decide, I would just do it now without delay.
Okay that's good to know. December saw sub four-figure gains and similar dividends + capital gains distributions (which were automatically reinvested).
by ZeroWealth
Fri Jan 13, 2017 5:10 pm
Forum: Personal Investments
Topic: Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?
Replies: 6
Views: 1157

Non-Retirement LifeStrategy Fund in Taxable Account - Should I Exchange?

Hi everyone, After assessing our current financial position, I decided in December to place our family's emergency fund into a taxable investment account (Vanguard LifeStrategy Conservative Growth Fund - VSCGX). Only after making the purchase did I come across discussions on how the LifeStrategy fun...
by ZeroWealth
Fri Jan 13, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 15742

Re: How much do you typically spend in a restaurant?

We live in a mostly blue-collar county, so our dining options are limited to mostly chain restaurants with a few nicer local establishments. Typical dinner for two plus drinks runs us $65 after tipping, then we usually head to the bakery for a $3 dessert. We go out twice a month, so we budget $150 f...
by ZeroWealth
Fri Jan 13, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: "Millennials are falling behind their boomer parents"
Replies: 24
Views: 2550

Re: "Millennials are falling behind their boomer parents"

I think I've read that millineals that make enough to save, do so at relatively high rates compared to baby boomers. We have seen that the market may not be dependable and that the future promises of pensions (if you can find one) and social security can be broken. I'm definitely in that camp. By s...
by ZeroWealth
Fri Jan 13, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 22312

Re: "Millennials may need to double how much they save for retirement"

As an (on the cusp) millennial (born 1982), these are the retirement plans at the jobs I've worked: (this is just counting my longer-term, white-collar, in-front-of-a-computer desk jobs) -No plan -No plan -Eligibility after 9 months, no match, load funds (that you paid the load on), high cost funds...
by ZeroWealth
Fri Jan 13, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 22312

Re: "Millennials may need to double how much they save for retirement"

As others have pointed out, the supposed "doubling" is to go from 6.4% to 14.4%. Since we generally recommend a minimum of 15% around here, they are saying you can save less! One point I think we should make is that most 401ks I have seen require 5 or 6 years to vest the match. Given the way employ...
by ZeroWealth
Fri Jan 13, 2017 11:58 am
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 22312

Re: "Millennials may need to double how much they save for retirement"

Just saw a news article somewhere on TV this morning that the average millennial spends a bigger percentage of their budget for coffee than for retirement funding. jimb I just got back from Starbucks, but I also got paid today and saw my maxed Roth 401(k) contribution being withheld, so I'll remove...
by ZeroWealth
Fri Jan 13, 2017 11:55 am
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 173
Views: 22312

Re: "Millennials may need to double how much they save for retirement"

I would ilke to see a report from millennials on their parents who are retired or retiring now. I'd like to see millennials ask their parents how much they saved and invested every year so that they could reach this stage of their lives "retired" or "retiring now." I will bet that for most of them,...
by ZeroWealth
Fri Jan 13, 2017 11:14 am
Forum: Investing - Theory, News & General
Topic: "Millennials are falling behind their boomer parents"
Replies: 24
Views: 2550

"Millennials are falling behind their boomer parents"

Millennials have half the net worth of boomers. Their home ownership rate is lower, while their student debt is drastically higher. http://www.seattletimes.com/business/millennials-are-falling-behind-their-boomer-parents/ I saw this article today and thought it was worth sharing with the community....
by ZeroWealth
Wed Jan 11, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 93
Views: 11669

Re: Where do you keep your emergency fund?

But in the end, no one is getting rich off the interest of their emergency funds. That's just not what emergency funds are for. Their main job is not to "work for you" and grow, but rather to not lose value and to be appropriately liquid. It that means they languish a bit, well so bit. I think the ...
by ZeroWealth
Wed Jan 11, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 93
Views: 11669

Re: Where do you keep your emergency fund?

I am interested in an online savings account, just need something that lets me transfer money to checking account quickly and easily. Recommendations for online savings accounts? Thanks! For a simple online savings account, you can't go wrong with Ally . 1.00% right now and we have three of them an...
by ZeroWealth
Wed Jan 11, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 93
Views: 11669

Re: Where do you keep your emergency fund?

We just moved ours over to a Vanguard brokerage account invested in VSCGX (LifeStrategy Conservative Growth) with a 20% buffer above our 6-month expenses to account for any dips in the market. Every year we plan on taking anything over that 20% and moving it over to another taxable account that has ...
by ZeroWealth
Tue Jan 10, 2017 1:14 am
Forum: US Chapters
Topic: Sad News About a Respected Forum Member
Replies: 118
Views: 26366

Re: Sad News About a Respected Forum Member

I just joined the community a few days ago and to see this breaks my heart. My thoughts are with him and his family and this community.
by ZeroWealth
Tue Jan 10, 2017 1:13 am
Forum: Personal Consumer Issues
Topic: How much is your cell phone bill?
Replies: 263
Views: 35155

Re: How much is your cell phone bill?

Carrier: AT&T
Number of lines: 3
Minutes: Unlimited
Text: Unlimited
Data: 6GB Shared
Price: $144* per month including taxes and fees.

* I have my mother on our plan and she auto-transfers $55/mo into our checking, so in reality it's closer to $90/mo.