Search found 865 matches

by ThriftyPhD
Fri Jun 28, 2019 9:42 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4781

Re: how much to finance a new car at .9%

Putting the car aside... would you walk into your local bank and borrow $33k at to invest? If no, then pay off your car today. Like others have said, the spread is minimal and your earnings would probably buy you an extra Big Mac each year (metaphorically speaking). If I could borrow money at 1% to...
by ThriftyPhD
Fri Jun 28, 2019 9:41 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4781

Re: how much to finance a new car at .9%

Strangely the offer of $500 bucks off if you take the financing is quite attractive. I would finance it initially, then you can easily choose to pay it off as quickly as you like. I financed my car, took the $500 off, and the 0.9% financing, and paid it off in 24 payments. Or do it in 12.... or 2.....
by ThriftyPhD
Fri Jun 28, 2019 9:36 am
Forum: Personal Consumer Issues
Topic: how much to finance a new car at .9%
Replies: 57
Views: 4781

Re: how much to finance a new car at .9%

Strangely the offer of $500 bucks off if you take the financing is quite attractive. I would finance it initially, then you can easily choose to pay it off as quickly as you like. I financed my car, took the $500 off, and the 0.9% financing, and paid it off in 24 payments. Or do it in 12.... or 2.....
by ThriftyPhD
Thu Jun 27, 2019 11:24 pm
Forum: Personal Investments
Topic: Approximating VTWAX with my employer's 401k fund selections
Replies: 19
Views: 3424

Re: Approximating VTWAX with my employer's 401k fund selections

if you're offsetting with a international to US transaction in your 401k that would maintain your AA. An alternative is as stan1 suggested, which is to find tax harvesting partners in taxable. Got it - thank you. I understand the flexibility with ETFs now but I'm inclined to go the mutual fund rout...
by ThriftyPhD
Wed Jun 26, 2019 6:30 pm
Forum: Personal Investments
Topic: Approximating VTWAX with my employer's 401k fund selections
Replies: 19
Views: 3424

Re: Approximating VTWAX with my employer's 401k fund selections

You'll want to identify tax loss harvest pairs in taxable. Can you elaborate on this? If I had VTSAX and VTIAX in taxable, does selling one and buying the other not constitute a tax loss harvest pair? And do the adjustment needed to maintain the ratio in my 401k. That's one way to do it. Selling VT...
by ThriftyPhD
Tue Jun 25, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: TIPS bond funds have provided less inflation protection than nominal treasuries recently
Replies: 23
Views: 1798

Re: TIPS bond funds have provided less inflation protection than nominal treasuries recently

My understanding: TIPS will protect you against UNEXPECTED inflation. They're priced at a premium over nominal bonds based on 'expected' inflation, with a bit more cost for the inflation protection. So, if inflation turns out to be what investors expected, nominal bonds will do slightly better. If i...
by ThriftyPhD
Mon Jun 24, 2019 1:35 am
Forum: Personal Investments
Topic: Approximating VTWAX with my employer's 401k fund selections
Replies: 19
Views: 3424

Re: Approximating VTWAX with my employer's 401k fund selections

If you're interested in approximating VTWAX, lets take a look at it's components: https://investor.vanguard.com/mutual-funds/profile/portfolio/vtwax Region allocation: 9.70% Emerging Markets 18.80% Europe 13.10% Pacific 0.20% Middle East 58.00% North America 0.20% Other If you scroll down a bit more...
by ThriftyPhD
Tue Jun 18, 2019 7:58 pm
Forum: Investing - Theory, News & General
Topic: short term treasury ETFs a money market account substitute?
Replies: 20
Views: 3036

Re: short term treasury ETFs a money market account substitute?

I meant to add above that if I had the money at Vanguard, I would personally choose their money market funds. The yield is good. The ETFs might make better sense at brokerages like Merrill Edge which do not have an easily accessible MMF with decent yield.
by ThriftyPhD
Tue Jun 18, 2019 6:12 pm
Forum: Investing - Theory, News & General
Topic: short term treasury ETFs a money market account substitute?
Replies: 20
Views: 3036

Re: short term treasury ETFs a money market account substitute?

Capital gains 'could be an issue' in the sense that you might have them and need to report them, but for the most part the share price will remain relatively steady and the bulk of the taxes you pay will come from distributions. Over the past year, VGSH has ranged from 61.37 to 59.58. The difference...
by ThriftyPhD
Sat Jun 15, 2019 6:52 pm
Forum: Personal Investments
Topic: Mega backdoor roth, keep in Roth 401k or do in service rollover to Roth IRA
Replies: 11
Views: 1193

Re: Mega backdoor roth, keep in Roth 401k or do in service rollover to Roth IRA

A few aspects to consider: Choice of funds. If your current plan has good low cost index funds, this might not be an issue. The only concern might be if they make changes, either passing more fees to you, or getting rid of an index fund that you need/want. This is probably an unlikely event, especia...
by ThriftyPhD
Sat Jun 15, 2019 10:47 am
Forum: Personal Investments
Topic: Solid non-Vanguard International ETF or MF?
Replies: 2
Views: 319

Re: Solid non-Vanguard International ETF or MF?

Take a look on this page on the wiki:

https://www.bogleheads.org/wiki/Three-f ... head-style

It has suggestions for both ETFs and MFs that are equivalent to the VTSAX/VTIAX/VBTLX US/Int/Bond 3 fund portfolio from Vanguard.
by ThriftyPhD
Thu May 23, 2019 6:41 pm
Forum: Personal Investments
Topic: Help my broker is trying to freak me out
Replies: 94
Views: 15441

Re: My Broker is Freaking me out UPDATE

I think I remember reading about ‘BOB’ who timed the market really bad and enter in 2001 but stayed, enter in 2008 but stayed etc. Any help on this would be great. https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ If we decide to mange it ourselves well there is a possibility the ...
by ThriftyPhD
Sun May 19, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 6472

Re: Guidance on choosing between UMich and Brown

Specifically about the joint CS - economics concentration, it sounds somewhat rigorous for B.S. (or ScB as Brown calls it) with 20 required courses vs 16 for the B.A. (or AB at Brown). This is made more palatable by the Open Curriculum (complete absence of non-major requirements) and lenient gradin...
by ThriftyPhD
Sun May 19, 2019 8:36 am
Forum: Personal Investments
Topic: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?
Replies: 16
Views: 1818

Re: Am I paying Target 2020 fees and the fees for the 5 funds comprising it?

If you follow the link from the VTWNX (Vanguard Target Retirement 2020 Fund) page you can find the Prospectus . If you scroll down to page 13, you find the fees for your fund. Annual Fund Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) Management ...
by ThriftyPhD
Sat May 18, 2019 1:34 pm
Forum: Personal Consumer Issues
Topic: How do I prevent yellow underarm stains on my white shirts?
Replies: 24
Views: 3594

Re: How do I prevent yellow underarm stains on my white shirts?

https://www.amazon.com/Arm-Hammer-Essen ... B002BX4E0Q
Stain Shield
Get long-lasting odor protection without sacrificing your clothes. Essentials won't leave yellow underarm stains on your favorite shirt or blouse.
by ThriftyPhD
Fri May 17, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: Guidance on choosing between UMich and Brown
Replies: 102
Views: 6472

Re: Guidance on choosing between UMich and Brown

As someone who works in STEM/Tech, I didn't even know Brown had a CS department. Based entirely on school reputation, for anything science/tech related, UM or any other top flight state school would be well above Brown in my opinion. That would not be the case for Humanities. If you had mentioned MI...
by ThriftyPhD
Mon Apr 29, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: Why so many Vanguard Funds and ETFs if their motto is simplicity and to hold.
Replies: 19
Views: 1801

Re: Why so many Vanguard Funds and ETFs if their motto is simplicity and to hold.

So if the premise is simplicity, and the financial advisers are pushing simplicity, why are there so many more options? Some must make sense right? Some, if used smartly/in combo, must do better than a combined VTSAX, VTIAX and VBTLX right? Take just US equities. As you say, VTSAX might be the best...
by ThriftyPhD
Sat Apr 27, 2019 6:17 pm
Forum: Personal Consumer Issues
Topic: weber grills
Replies: 34
Views: 3310

Re: weber grills

I'm thinking of buying a weber propane grill to be able to cook for a family of 5 and occasional guests. There are way too many options so I wanted your input on how you guys went about purchases a specific model. I looked at the sprit line vs. the genesis line and even within those lines of grills...
by ThriftyPhD
Tue Apr 16, 2019 7:03 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1996

Re: FreeTaxUSA website down

Might be the support people are in India and they blew their no change blackout date time instruction. 2:30 EDT 4/15 = mid-night 4/16 India time. When my company started using Indian IT Services, this happened several times. The solution: we stateside people enlarged the blackout period sent to Ind...
by ThriftyPhD
Tue Apr 16, 2019 7:02 am
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1996

Re: FreeTaxUSA website down

and its back offline... Yep. I was on the final page when it crashed again at ~10. I jumped to a different tax software, finished my federal and was about to start on State when FreeTaxUSA came back online and I was able to submit around 11. I saw on facebook/twitter that it went back down not long...
by ThriftyPhD
Mon Apr 15, 2019 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1996

Re: FreeTaxUSA website down

Cycle wrote:
Mon Apr 15, 2019 7:50 pm
i did 95% of my taxes a few weeks ago, but of course i had a few things to double check and now i can't get into my forms. hopefully they fix it soon...
Same. I had it done, but wanted to look it over in detail before submitting and give myself time to make sure I wasn't forgetting anything.
by ThriftyPhD
Mon Apr 15, 2019 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: FreeTaxUSA website down
Replies: 16
Views: 1996

FreeTaxUSA website down

When you try to login: Site Maintenance We sincerely apologize for the inconvenience. FreeTaxUSA is currently undergoing scheduled maintenance and upgrades to provide superior service and usability. FreeTaxUSA will return shortly. Thank you for your patience. Others reported being kicked out as they...
by ThriftyPhD
Sun Apr 14, 2019 10:14 am
Forum: Personal Investments
Topic: how to invest in taxable account for 6 years
Replies: 16
Views: 1677

Re: how to invest in taxable account for 6 years

I think a big part of this is how tight is the timing. If the answer is: On April 15, 2025 I need to withdraw $1.203 million to finalize the purchase of the house I am contractually obligated to buy on that date for that price Then you're going to need to be very conservative. On the other hand, an ...
by ThriftyPhD
Sat Apr 06, 2019 10:16 pm
Forum: Personal Investments
Topic: Fidelity Bonus?
Replies: 6
Views: 1866

Re: Fidelity Bonus?

whodidntante wrote:
Sat Apr 06, 2019 9:25 pm
If only there were some sort of thread where we could collect information on brokerage bonuses. It would need to be both final and definitive though.
:beer
by ThriftyPhD
Fri Apr 05, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Smartphones with Least Bloatware
Replies: 29
Views: 12610

Re: Smartphones with Least Bloatware

If you go with Android, you want to find a phone with as 'Vanilla' an OS as possible. The Google Pixel (previously Nexus) phones are stock android. In the past, Nexus was the answer if you wanted an Android phone. Now Google has Android One which has various agreements that will keep you in a minima...
by ThriftyPhD
Sat Mar 30, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1768

Re: Should I keep own set of banking ledgers?

With all the weekly transactions of my family with Amazon, Favor, McDonalds, gas, utilities, Kindle, Hulu, etc....I would spend an hour every day typing all these transactions and comparing them to my online account. I manually enter all of my transaction into GnuCash. I've read that using cash has...
by ThriftyPhD
Sat Mar 30, 2019 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1768

Re: Should I keep own set of banking ledgers?

Personally, I like to enter my transactions as they occur (and this is highly automated as well, especially for checking, so it's not so much work). This is so I know all the time what I'm on the hook for spending-wise. But now I wonder if I am just causing myself more bookkeeping grief and wasted ...
by ThriftyPhD
Sat Mar 30, 2019 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep own set of banking ledgers?
Replies: 38
Views: 1768

Re: Should I keep own set of banking ledgers?

I have found errors in credit card statements, and bank balances. Can you elaborate and give examples? I'm not the person you asked, but about 15 years ago I deposited a few checks in person at a local branch. The teller was new and apparently didn't credit the money correctly. I noticed by checkin...
by ThriftyPhD
Tue Mar 26, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Mortgage early or Retirement Accounts?
Replies: 10
Views: 932

Re: Pay off Mortgage early or Retirement Accounts?

B) But roughly $3 million of the $4 will be since we are contributing about 3 times as much to the 401k than the Roth. If you're worried about having too much pretax you could choose Roth over traditional in your 401k. I wouldn't give up tax advantaged space to prepay a mortgage. You're young enoug...
by ThriftyPhD
Tue Mar 26, 2019 6:20 pm
Forum: Personal Investments
Topic: tracking/reporting cost basis (taxable account) question
Replies: 4
Views: 320

Re: tracking/reporting cost basis (taxable account) question

Were these gifted to her, or inherited? If inherited I believe the cost basis would have been set to the value at the time they were inherited.
by ThriftyPhD
Fri Mar 22, 2019 7:32 am
Forum: Personal Consumer Issues
Topic: When your responsibility to your children ends?
Replies: 76
Views: 7685

Re: When your responsibility to your children ends?

The biggest responsibility to your adult children that never goes away (in fact, it grows in importance over time) is to ensure you've taken care of yourself so that they're not burdened taking care of you. This means Securing your own retirement financially. Keeping up your health and preparing for...
by ThriftyPhD
Fri Mar 22, 2019 7:09 am
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3888

Re: 3% on Checking - Redneck Bank, not a joke

Thanks for clarifying Auream. I refuse to use debit through either network, so I am not up to date on the nomenclature. Sorry if I caused any confusion.
by ThriftyPhD
Fri Mar 22, 2019 6:54 am
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3888

Re: 3% on Checking - Redneck Bank, not a joke

You can get a better deal at Orion Federal Credit Union. They pay 4% on checking with a $30,000 cap and only require 8 purchases per month. This does sound like a good deal. Do you know if online purchases count toward the 8 required monthly purchase transactions? Is there a minimum required amount...
by ThriftyPhD
Thu Mar 21, 2019 7:52 pm
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3888

Re: 3% on Checking - Redneck Bank, not a joke

You can get a better deal at Orion Federal Credit Union. They pay 4% on checking with a $30,000 cap and only require 8 purchases per month. This does sound like a good deal. Do you know if online purchases count toward the 8 required monthly purchase transactions? Is there a minimum required amount...
by ThriftyPhD
Thu Mar 21, 2019 7:37 am
Forum: Personal Investments
Topic: Ready to FIRE (But Vultures Be Circling)
Replies: 80
Views: 11465

Re: Ready to FIRE (But Vultures Be Circling)

You note your (current? pre-tax?) annual expenses are about $100K, which is great if you can stay under $120K or so, not including taxes. I took sociology in college and the prof said the most financially at-risk people are those who have a lot of money but no experience in managing their lifestyle...
by ThriftyPhD
Thu Mar 21, 2019 6:59 am
Forum: Personal Investments
Topic: 3% on Checking - Redneck Bank, not a joke
Replies: 19
Views: 3888

Re: 3% on Checking - Redneck Bank, not a joke

A CD doesn't require that I make 10 debit transactions a month, which must clear post and clear by the 20th, unless the 20th falls on a Saturday in which case they must clear by the 19th, or if the 20th falls on a Sunday they must clear by the 21st. I can get CDs for > $10,000, while the 3% at Redne...
by ThriftyPhD
Wed Mar 20, 2019 6:40 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

Can you set it and forget it with the stovetop pressure cooker, where it pressurize, cook for a set time, and then depressurize on it's own, or do you need to monitor it? I can't have it do all those things automatically. What I do is turn the burner on, set a timer, and then just turn the burner o...
by ThriftyPhD
Wed Mar 20, 2019 6:33 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

Slow cooking with IP is awful. Takes twice as long and never as good or juicy. We slow cook bone-in pork picnics and it takes alot longer than our old slow cooker. A slow cooker would take 4-5 hours on high, 8-12 on low. You're saying you leave a pork roast in the instant pot for 8-24 hours? That w...
by ThriftyPhD
Tue Mar 19, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

There are a lot of instant pot recipes out there where the instant pot is just not necessary. I made sausage and peppers in the instant pot on a friend’s recommendation and wondered why, it would have been easier and better on the stove. Hah, I've seen the same recipe recommended for a slow cooker....
by ThriftyPhD
Tue Mar 19, 2019 6:54 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

I don't use a slow cooker very often, but when I do, I like the old style with a ceramic insert. The thermal mass makes a huge difference in smoothing out the temperature differences. The Instant Pot would cycle between almost scorching stuff, and then letting it get too cold. Then too hot again, e...
by ThriftyPhD
Tue Mar 19, 2019 6:52 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

There was another thread where I discussed the many ways I dislike the Instant Pot. Here's another that I recently learned about: When you release the pressure at the end of the cooking cycle, steam escapes from the pot into your kitchen under high pressure. This steam that is released is not just ...
by ThriftyPhD
Tue Mar 19, 2019 6:49 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

I had an Instant Pot and gave it away. IMO, it's a compromise. It does a lot of things, but none of them particularly well. If you are short on space, I can see the appeal. I'd almost go so far as to call it an entry level tool. I have a "real" stovetop pressure cooker, and it's faster than the Ins...
by ThriftyPhD
Tue Mar 19, 2019 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Max Contributions limits across 401k and IRA
Replies: 7
Views: 746

Re: Max Contributions limits across 401k and IRA

I'm a big fan of contributing evenly over the year, so I can cost-base average over a longer duration, is this not a good strategy for backdoor roth? If you're maxing the full $55k in a 401k plan, the bulk of your contributions will likely be contributed ~evenly over the entire year. The $6k is com...
by ThriftyPhD
Mon Mar 18, 2019 6:16 pm
Forum: Personal Consumer Issues
Topic: Slow cooker vs Instant pot........
Replies: 62
Views: 4994

Re: Slow cooker vs Instant pot........

We used our slow cooker almost every week for years. Since we got our Instant Pot about a year ago, we haven't used the slow cooker once. The Instant Pot does everything the slow cooker does, and more. For example, you can sear in the pot, then pressure cook. Another example, the pressure cook allow...
by ThriftyPhD
Sun Mar 17, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1622
Views: 226461

Re: Fidelity as a one stop shop

He is right. 1 CMA with core as FDIC-CASH and buy SPRXX does same thing where first FDIC-CASH is emptied followed by money market funds to pay bills, checks, ATM etc But you can't hold SPRXX within the CMA, right? So you need a brokerage account to hold that fund, and designate it as the overdraft ...
by ThriftyPhD
Sun Mar 17, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Are I Bonds like cash or bonds?
Replies: 16
Views: 1424

Re: Are I Bonds like cash or bonds?

If your planning calls for a certain percentage (or dollar amount) in cash and a certain percentage of bonds, do you consider I Bonds cash or bonds? Some folks use it as their EF so that sounds like cash. The answer probably depends on why you're separating out 'Cash' and 'Bonds' when planning your...
by ThriftyPhD
Sat Mar 16, 2019 4:36 pm
Forum: Personal Investments
Topic: Vanguard VTSAX or add VTIAX ETFs?
Replies: 9
Views: 946

Re: Vanguard VTSAX or add VTIAX ETFs?

The Bogleghead's Book suggests there is no reason to buy ETF's if you are not a day trader. Simply not true and some dated personal opinions that should not be taken as fact. I do agree in tax deferred accounts either is fine but in taxable accounts go with ETFs because they are more portable. Some...
by ThriftyPhD
Thu Mar 07, 2019 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Moral Support
Replies: 19
Views: 1883

Re: Spending Moral Support

Pretty sound I guess... $2.1MM at 45/55 59 and not retired... Lloyd, first step is to figure out your age, then move on to more complicated questions such as your spend rate. :D :wink: 45/55 is his AA, right? That was my impression anyway. Ah, that makes sense. You're probably right. For some reaso...
by ThriftyPhD
Thu Mar 07, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Spending Moral Support
Replies: 19
Views: 1883

Re: Spending Moral Support

Lloydo wrote:
Thu Mar 07, 2019 6:28 pm
Pretty sound I guess... $2.1MM at 45/55
Lloydo wrote:
Thu Mar 07, 2019 6:18 pm
59 and not retired...
Lloyd, first step is to figure out your age, then move on to more complicated questions such as your spend rate.

:D :wink:
by ThriftyPhD
Wed Mar 06, 2019 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1622
Views: 226461

Re: Fidelity as a one stop shop

I have a separate question I'd like to ask. Does the slow clearing process (ranging from 1 days to several days, as I understand it), reduce the attractiveness of the CMA or using the brokerage account for anyone? I realize Fidelity is not a bank, and therefore transactions clear slower versus Schw...