Search found 246 matches

by zeal
Wed Sep 04, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 16198

Re: Best of Bogleheads - your #1 takeaway

So hard to rank all my takeaways and pick just one, but... for the masses I'd choose: Make a simple plan and stick to it (AKA, 3-fund portfolio + stay the course). Personally? Learning that I can use a Roth IRA as an emergency fund. Had I not known that, I probably wouldn't have opened one (for each...
by zeal
Wed Sep 04, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1929
Views: 471651

Re: Share your net worth progression

Very fun reading through this topic, thank you all for sharing. Here are my year-end numbers with notes pertaining to what happened each year. I began tracking at 22, turned 30 this year. 2011: ($31k) Senior year of college in fall. Blown away upon realization of debt, discovered Dave Ramsey. Found ...
by zeal
Mon Sep 02, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: Not gaining weight on vacation?
Replies: 115
Views: 6543

Re: Not gaining weight on vacation?

I usually lose weight when traveling by paying attention to diet and exercise. I have a week-long workout plan I made years ago (which I just repeat as necessary on longer-than-a-week trips) and make sure to not go too heavy on two of the day's three meals. On vacation with family, I eat light break...
by zeal
Mon Sep 02, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: How to repair drywall damaged by water leak
Replies: 17
Views: 1458

Re: How to repair drywall damaged by water leak

If the area is still wet but the drywall isn't in bad enough shape to be replaced, you can dry it out with a dehumidifier. Then sand if necessary and use Kilz (found near paint at hardware store) to spot-treat, let it dry, then prime/paint as usual. This worked for us in an area where we caught the ...
by zeal
Sat Aug 31, 2019 4:23 am
Forum: Personal Finance (Not Investing)
Topic: Advice for after getting high income
Replies: 46
Views: 6663

Re: Advice for after getting high income

Our household income is less than $100k, so putting myself in your shoes is a very fun practice. Walking through what I'd do below, not sure if it helps you but maybe it'll give you some ideas for what you'd like to do. We give 10% off the top to our church, so that's the first thing I'd do--increas...
by zeal
Fri Jul 19, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: FitnessBank 3% savings with 12,500 daily steps - has anyone heard of them?
Replies: 26
Views: 4556

Re: FitnessBank 3% savings with 12,500 daily steps - has anyone heard of them?

Interesting. If I cared enough about 3% I’d go for it since I average more than enough steps, but I don’t want to keep track of another bank or another app.

For those who want to do this but can’t walk enough, my coworker found the perfect hack: the pendulum of a grandfather clock. Hope that helps.
by zeal
Tue Jul 16, 2019 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do you care about your home appreciating?
Replies: 91
Views: 6011

Re: Do you care about your home appreciating?

Yes and no. Yes, of course I want to see the value of my assets go up. No, I don’t care enough to worry about it—the market will do what it’s gonna do. We hope to live the rest of our lives in this house, so the only thing appreciation matters to us for is net worth calculation and tax/insurance cost.
by zeal
Mon Jul 08, 2019 8:43 am
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 5427

Re: Is Grass-fed milk worth it?

For me, it's not worth it. I love milk, so I will try (and have tried) any type of milk available, but I always just come back to either local or store-brand whole milk. I go through about a gallon a week (my wife might use a few cups for cereal/cooking but it's mostly me). For those saying milk is ...
by zeal
Tue Jun 18, 2019 5:11 am
Forum: Personal Consumer Issues
Topic: Extend MacBook Battery Life by plugging in as much as possible?
Replies: 49
Views: 4273

Re: Extend MacBook Battery Life by plugging in as much as possible?

I've found that the best way to make my batteries last a long time is to keep them unplugged as much as possible, but charge to full every time you have to plug it in and never let them deplete fully before charging. I typically start charging around 5-15% and unplug immediately once they hit 100%. ...
by zeal
Sun Jun 16, 2019 7:38 am
Forum: Investing - Theory, News & General
Topic: The Case Against ETFs
Replies: 193
Views: 11352

Re: The Case Against ETFs

Personally, I will stick with index funds over ETFs. Index funds can be explained in detail in a paragraph or two. I have read every page in the wiki that references or explains ETFs, and I've read them several times over. I've read tens or likely even 100 forum topics on ETFs as well. All this time...
by zeal
Thu May 30, 2019 9:00 am
Forum: Personal Consumer Issues
Topic: Paying Kids For Good Grades -- do you do it?
Replies: 131
Views: 11868

Re: Paying Kids For Good Grades -- do you do it?

I don't have kids yet, but when I do we will likely reward them with money for good grades. I agree with others that some of the dollar amounts posted in this thread are crazy, but I also understand that many Bogleheads have crazy wealth, so it's probably no big deal. Growing up, we weren't "paid" f...
by zeal
Thu May 23, 2019 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 21645

Re: Very High Net Worth, elite private or “good” public

Of the ~15 people I've known who went to private school (met most of them when I was in college, some via sports/clubs/gov school while in high school), all but two of them have made some seriously terrible life choices with drugs and alcohol, gambling, debt, illegal street racing, and various othe...
by zeal
Wed May 22, 2019 9:32 pm
Forum: Investing - Theory, News & General
Topic: Turnover in Tax-Advantaged Accounts--Does it Matter?
Replies: 6
Views: 810

Re: Turnover in Tax-Advantaged Accounts--Does it Matter?

Thanks grabiner, I didn't know that either--I'll check it out tomorrow!
by zeal
Wed May 22, 2019 4:09 pm
Forum: Investing - Theory, News & General
Topic: just a general comment about "too conservative" investors here
Replies: 151
Views: 16946

Re: just a general comment about "too conservative" investors here

Great post, Valuethinker, and great follow-up from others. If I falter when I see my first "down" market, I'll come back to this thread as a reminder that buying-and-holding (and rebalancing) my three-fund portfolio is the right choice.

My favorites are #9 and #10.
by zeal
Wed May 22, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Very High Net Worth, elite private or “good” public
Replies: 278
Views: 21645

Re: Very High Net Worth, elite private or “good” public

I went to a B+ rated, "poorer" (>50% free/discounted lunch) public school than the one in your links. I was always at or near the top of my class in academics, athletics, and extracurricular activities from elementary through college. Sounds like your kids will probably be in the same boat I was. So...
by zeal
Wed May 22, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 3077

Re: Inexpensive way to gain weight

I don't want to reveal my weight here, but it is much less than some of you are assuming. I'm not looking to go from 155 to 215. I'm not even anywhere near 155! My parents and three grandparents are all skinny, so this is mostly genetic. My doctor mentioned offhandedly that I should probably gain s...
by zeal
Wed May 22, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: Turnover in Tax-Advantaged Accounts--Does it Matter?
Replies: 6
Views: 810

Re: Turnover in Tax-Advantaged Accounts--Does it Matter?

Turnover rates in other international funds... the bulk of our international holdings are in my wife's 401a/457--her fund has a turnover ratio of 13.5%. Her bond fund is categorized as an intermediate-term bond fund (the same as mine), but turnover is only 6.1%. Also, I see Vanguard's VTIAX (total i...
by zeal
Wed May 22, 2019 9:47 am
Forum: Personal Investments
Topic: $400,000 gift to stepdaughter
Replies: 76
Views: 9316

Re: $400,000 gift to stepdaughter

Sorry for your loss, and much respect to you and your wife for being wise and generous with your finances. Your wife left this money to you, not your stepdaughter, so make sure you take her wishes into consideration when you decide what to do with it. VASGX is a good choice for long-term investing a...
by zeal
Wed May 22, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: Turnover in Tax-Advantaged Accounts--Does it Matter?
Replies: 6
Views: 810

Turnover in Tax-Advantaged Accounts--Does it Matter?

As I continue reading Bogle's Common Sense on Mutual Funds , today's topic is turnover ratio. Does turnover matter in tax-advantaged accounts? I have a 401k/Roth 401k that holds an S&P 500 index fund with a turnover ratio of 6.24%, international stock index fund with an annual turnover ratio of 129....
by zeal
Wed May 22, 2019 6:19 am
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3752

Re: Does tuning out mean missing out?

Bogleheads wiki - I make some financial decisions based on what I read here. Bogleheads forum - I don't make any financial decisions based on what I read here. I listen to others' opinions/advice and share my own opinions/advice. When I receive advice or find info that's new to me, I go to the Bogle...
by zeal
Tue May 21, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Student loans
Replies: 14
Views: 1328

Re: Student loans

My sister has 161k in federal student loans. She went to a state school for her undergrad and post grad degree. She will be making 45k this year and between 100-120k the following years. She has been asking me questions about her loans, and I figured I would ask the smartest people I know. It looks...
by zeal
Sat May 18, 2019 8:42 am
Forum: Personal Consumer Issues
Topic: Foam vs pillow-top? Mattresses for the long term
Replies: 17
Views: 1707

Re: Foam vs pillow-top? Mattresses for the long term

There have been some good threads on mattresses in recent months. The following is a Boglehead like site for mattresses and provides great info about mattresses. https://www.themattressunderground.com/ There are a lot of so called mattress rating sites online but almost all are paid by the mattress...
by zeal
Sat May 18, 2019 8:09 am
Forum: Personal Investments
Topic: Taxes and suggested Fidelity 3 fund portfolio
Replies: 11
Views: 1806

Re: Taxes and suggested Fidelity 3 fund portfolio

I think these are the only two funds that you will need. If you want, you can try the new Fidelity Zero funds, FZROX for domestic equities and FNILX for international equities. These zero funds follow the fidelity's proprietary index, not the more well known S&P500 index / MSCI -EAFE index I've alw...
by zeal
Sat May 18, 2019 7:33 am
Forum: Personal Consumer Issues
Topic: Specific earbud recommendation
Replies: 10
Views: 1242

Re: Specific earbud recommendation

I've had a pair of iWorld brand bluetooth earbuds that I bought from Walmart months ago for $10-- here's a link to the exact pair . I found them in the electronics section, then later saw that they were also in the checkout aisle (quality! ha). I've used them almost every day for the past 3 months d...
by zeal
Fri May 17, 2019 10:28 am
Forum: Investing - Theory, News & General
Topic: Bogle's "On Asset Size" - will index funds close?
Replies: 5
Views: 781

Re: Bogle's "On Asset Size" - will index funds close?

Thanks for clarifying, everyone. I guess there is nothing to really worry about since A) I buy mainly TSM and TBM index funds and B) whatever I accumulate in my lifetime will likely not be enough to affect the market itself. Unless of course I invent the next Microsoft, but we'll cross that bridge w...
by zeal
Fri May 17, 2019 7:13 am
Forum: Investing - Theory, News & General
Topic: Bogle's "On Asset Size" - will index funds close?
Replies: 5
Views: 781

Bogle's "On Asset Size" - will index funds close?

This morning I read the "On Asset Size" chapter in John Bogle's Common Sense on Mutual Funds . One section, A Shrinking Universe , explained something I hadn't thought about before. As portfolio size grows, the number of shares available in the market for purchase decreases. At some point the fund s...
by zeal
Thu May 16, 2019 10:29 pm
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12310

Re: Do you reward yourself for achieving a financial goal?

Retirement for us is an age, not a dollar amount, so our goal there is not financial. I guess the goal is to enjoy healthy lives and try not to die too early. Our only real financial goal was created in an effort to get my wife more engaged in our finances. I told her that at every $100k net worth m...
by zeal
Tue May 14, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 8052

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

I opened my first credit card a couple months ago--30 years old. Life can be done without one, and you can have a good credit score too. The only problem I ever ran into without a CC was car rental, but Uber takes care of that. Sure, life can be done without one, but not the life I want to live. It...
by zeal
Tue May 14, 2019 7:23 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 8052

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

I opened my first credit card a couple months ago--30 years old. Life can be done without one, and you can have a good credit score too. The only problem I ever ran into without a CC was car rental, but Uber takes care of that. If you are against using a credit card then you don't need to get one. M...
by zeal
Tue May 14, 2019 6:55 am
Forum: Personal Investments
Topic: Should I leave Betterment?
Replies: 38
Views: 9069

Re: Should I leave Betterment?

You could open a new account at another institution without moving your entire portfolio--just stop contributing to Betterment and direct new money into the new institution for a few months to test it out. You can then make your Betterment-or-not decision based on your hands-on experience. If you ha...
by zeal
Mon May 13, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 226
Views: 43659

Re: Cash - Throw it all on the table!!!

We hold roughly $12,000 (a little over 3 months expenses) total in cash. -$500 in various bills in the safe; -$0 to $100 in each of our wallets (take out $200 from ATM every month for pocket money); -$1,000 to $3,500 in our Fido CMA (held in SPRXX, ~2.2% yield) that covers our monthly expenses (most...
by zeal
Sun May 12, 2019 5:49 am
Forum: Personal Investments
Topic: First Book to Get - Updated with a Question
Replies: 15
Views: 1856

Re: First Book to Get

This book is short and free. Basically recommends the three fund portfolio which is what you'd get from the bogleheads guide to investing: https://www.etf.com/docs/IfYouCan.pdf Another vote for this one. It takes me maybe 45min to read and I continually return to it. Also, the books he recommends a...
by zeal
Thu May 09, 2019 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1665
Views: 240497

Re: Fidelity as a one stop shop

OK, I've read through this whole thread and think I've got a pretty good idea of what's going on. I plan on opening a CMA, but haven't decided if I want to open a separate brokerage account. The Fidelity CS person I chatted with suggested opening both, but I'm not sure there is a reason that matter...
by zeal
Wed May 08, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Simple Math Question - 7-Day Yield
Replies: 8
Views: 465

Re: Simple Math Question - 7-Day Yield

Thanks, all--I knew it was something simple like that but I just couldn't remember. Like I said, it's just for ballpark figuring, so I think I'll just use dividend=balance*0.02/12 to calculate monthly yield. Why not use SPRXX to gain a little yield? Or better yet (safer, higher yield, no state tax)...
by zeal
Wed May 08, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Simple Math Question - 7-Day Yield
Replies: 8
Views: 465

Re: Simple Math Question - 7-Day Yield

Thanks, all--I knew it was something simple like that but I just couldn't remember. Like I said, it's just for ballpark figuring, so I think I'll just use dividend=balance*0.02/12 to calculate monthly yield. Why not use SPRXX to gain a little yield? Or better yet (safer, higher yield, no state tax) ...
by zeal
Wed May 08, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Simple Math Question - 7-Day Yield
Replies: 8
Views: 465

Simple Math Question - 7-Day Yield

Trying to project monthly earnings on my emergency fund and I'm drawing a blank on how the math is done. I don't actually use the earnings, just reinvest in hopes that the emergency fund will somewhat keep up with inflation. $25k held in SPAXX, current 7-day yield is 2.07%. How much in dividends wil...
by zeal
Tue May 07, 2019 3:32 pm
Forum: Personal Investments
Topic: Roth IRA Portfolio
Replies: 9
Views: 1104

Re: Roth IRA Portfolio

Just read this topic before I clicked on yours. Hope you can somehow get away from the 1% advisory fee...

If 100% stocks is where you want to be, then I'd say your AA is fine. Heavy on small cap for my taste too, but you do you.
by zeal
Tue May 07, 2019 7:14 am
Forum: Personal Consumer Issues
Topic: Anybody try the Blue Apron or the like?
Replies: 77
Views: 6721

Re: Anybody try the Blue Apron or the like?

We've been doing HelloFresh for a couple months. Just my wife & me, and we do the 2 meals/week option. She does the cooking and I do the cleaning. Neither of us have ever really enjoyed cooking, but she has recently said that she does enjoy it now. The reason she likes HelloFresh is because she drea...
by zeal
Sun May 05, 2019 5:23 am
Forum: Personal Consumer Issues
Topic: Can anyone give me a ball park estimate on this roof repair?
Replies: 20
Views: 2623

Re: Can anyone give me a ball park estimate on this roof repair (pictures included)?

We just sold a house in December (LCOL area in VA) and while under contract in November had a similar situation: leak needed to be taken care of by a roofer. We got quotes from two separate roofers, and each said their normal service call rate was $175/hr and this type of repair was usually around a...
by zeal
Sat May 04, 2019 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Please Critique our Budget
Replies: 28
Views: 2618

Re: Please Critique our Budget

Overall, you have a great budget--you're doing fine. All items below are really just nitpicking and if you make any changes at all, I would suggest stopping extra mortgage principal for reasons below, then evaluating/trimming other areas before deciding to lower 403(b) contributions. Thank you both ...
by zeal
Sat May 04, 2019 5:20 am
Forum: Personal Investments
Topic: Optum HSA investing: paying too much, or worth the convenience?
Replies: 7
Views: 1262

Re: Optum HSA investing: paying too much, or worth the convenience?

I have Optum and put anything above my out-of-pocket max ($4k) into VITSX. My employer pays for all account fees, so I haven't considered moving anywhere else. Great investing options and it can be set up to auto-invest anything above whatever number you choose--I like it. If my employer didn't pay ...
by zeal
Fri May 03, 2019 9:46 pm
Forum: Personal Consumer Issues
Topic: outdoor antenna to watch local TV channels
Replies: 5
Views: 636

Re: outdoor antenna to watch local TV channels

I know you asked for an outdoor antenna, but we just bought this indoor one from Walmart for $17 and it works perfectly. It sits behind our TV where we can't even see it, never needs any adjustment, and picks up more local channels than I knew we even had.
by zeal
Fri May 03, 2019 9:21 pm
Forum: Personal Investments
Topic: Vanguard Free/Zero Funds
Replies: 43
Views: 4838

Re: Vanguard Free/Zero Funds

The original industry disruptor (Vanguard) is now being disrupted, especially as it relates to attracting the younger generation. They will need to do what it takes to adapt and offer value to consumers, whether it means matching the competition's race to the bottom (easy way out) or new creative s...
by zeal
Thu May 02, 2019 9:19 am
Forum: Personal Consumer Issues
Topic: My silly question: what $20-50 gift should I ask for?
Replies: 20
Views: 1581

Re: My silly question: what $20-50 gift should I ask for?

I'm the same way, always have been. Don't want a lot of stuff because clutter makes my brain feel cluttered. It's like all the stuff I own is categorized in my brain (what it is, where it is, how to use it, etc.) and too much stuff would take up too much brain-space. When I want to buy something, I ...
by zeal
Wed May 01, 2019 6:58 am
Forum: US Chapters
Topic: I'm shocked there's not a local Boglehead chapter in The Villages, FL!
Replies: 9
Views: 2022

Re: I'm shocked there's not a local Boglehead chapter in The Villages, FL!

Used the search function (magnifying glass at top right) and just typed "Ocala" This is what I got: https://www.google.com/search?ei=u4jJXInAAYmg5wLB-oegAg&q=site%3Abogleheads.org+ocala&oq=site%3Abogleheads.org+ocala&gs_l=mobile-gws-wiz-serp.3...2315.3604..4830...0.0..0.99.458.6......0....1.7c1aYSmt...
by zeal
Wed May 01, 2019 6:26 am
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 10755

Re: EXTREMELY frugal things from our parents and grandparents

A lot of previous posts cover some of the things I do, which I learned from my parents. They are baby boomers, while 3/4 of my grandparents all served in the military during the war. Here are some of the things my parents do and things I do as well: -Rather walk around in the dark than turn on a lig...
by zeal
Tue Apr 30, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Cash Back CC Question
Replies: 13
Views: 1923

Re: Fidelity 2% Cash Back CC Question

Get a checking account that pays 2% or more (if you don't have it right now) and pay your mortgage from this account. There are many Checking Reward Accounts that pay up to 4 or 5%, but you have to go through many hoops to get that interest rate (like multiple debit card transactions). The easiest ...
by zeal
Tue Apr 30, 2019 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Cash Back CC Question
Replies: 13
Views: 1923

Re: Fidelity 2% Cash Back CC Question

Ahh, well. Thanks all. Yes, just trying to maximize cashback--I have almost everything possible set up on automated payments/automated savings, so I figured I'd try to put as many as possible through the CC. Mortgage, life insurance, and utilities are the only ones that don't allow it--so I'm only m...
by zeal
Tue Apr 30, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Cash Back CC Question
Replies: 13
Views: 1923

Re: Fidelity 2% Cash Back CC Question

Another Fidelity question: I'd like to set up my automatic mortgage payments using the cashback credit card, but my mortgage company's website only allows me to input routing/account number (like from a checkbook), rather than a credit/debit card. Is there a way to input a credit card number into th...
by zeal
Sat Apr 27, 2019 7:50 am
Forum: Personal Investments
Topic: The "joy" of owning individual stocks
Replies: 25
Views: 4550

Re: The "joy" of owning individual stocks

Only individual stock I've ever owned was/is company stock. I sell it as soon as my ESPP buys it. Never inherited any stocks, so we haven't had to think about it. Thank you for this post, which reminds me that we're on the right path with our 3-fund portfolio: well-diversified, average returns, aver...