Search found 1042 matches

by Elysium
Mon Feb 20, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 9455

Re: 20% bonds: why bother at 48?

If here's a global meltdown, 20% won't be enough to be meaningful. This is the problem. The difference is between having something vs. nothing. You have to look at the dollar value of that 20% and understand that is the money you have left after a so-called global meltdown (equity I guess). If ever...
by Elysium
Mon Feb 20, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 9455

Re: 20% bonds: why bother at 48?

If here's a global meltdown, 20% won't be enough to be meaningful. This is the problem. The difference is between having something vs. nothing. You have to look at the dollar value of that 20% and understand that is the money you have left after a so-called global meltdown (equity I guess). If ever...
by Elysium
Mon Feb 20, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: S-Corp owners - which Turbox Tax
Replies: 2
Views: 333

S-Corp owners - which Turbox Tax

I am getting my business tax prepared through my CPA and they will provide me with Schedule K-1 (Form 1120S), and any supplimental forms. On the personal income side, I have decided to file it myself as my situation is not very complex and we have been doing Turbo Tax Deluxe (CD) for many years. I h...
by Elysium
Mon Feb 20, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 9455

Re: 20% bonds: why bother at 48?

If here's a global meltdown, 20% won't be enough to be meaningful. This is the problem. The difference is between having something vs. nothing. You have to look at the dollar value of that 20% and understand that is the money you have left after a so-called global meltdown (equity I guess). If ever...
by Elysium
Tue Feb 14, 2017 10:12 pm
Forum: Personal Consumer Issues
Topic: Audi Q7 Reliability
Replies: 79
Views: 19146

Re: Audi Q7 Reliability

Never seen a Lexus stranded on the roadside, but the other day saw a Q7 stranded on the side of the highway with the occupants (a young family) standing outside. Of course, this could be a one off incident. Just sayin'
by Elysium
Tue Jan 17, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: My co-worker boasting about his investments. What do you think about his selections?
Replies: 57
Views: 5988

Re: My co-worker boasting about his investments. What do you think about his selections?

I am done playing these games with people. I show passive interest even when someone brings up the topic of investments at a cocktail party. Mostly there is nothing to be learned from it, and there is no point in giving your opinion of boring investment advice, as no one gets rich quick with slow sa...
by Elysium
Sat Jan 14, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: Is Vanguard not the best choice for I401k or Sep IRA
Replies: 13
Views: 1421

Re: Is Vanguard not the best choice for I401k or Sep IRA

+1 for Vanguard i401k I have considered all of the above mentioned alternatives and came to the conclusion that rollover feature isn't important to me. As for admiral shares, well that really sucks, but I am not complaining too much about it. It all comes down to managing your overall portfolio. My ...
by Elysium
Thu Jan 12, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: W2 for single employee S-Corp
Replies: 5
Views: 851

Re: W2 for single employee S-Corp

Thanks for the responses. I will check with QuickBooks payroll service for the W2, and go with CPA for the S-Corp taxes to be safe. I do not have health insurance premiums to worry about through the company, so that makes it easier.
by Elysium
Thu Jan 12, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: W2 for single employee S-Corp
Replies: 5
Views: 851

W2 for single employee S-Corp

What is the best method to create and file W2 for single employee S-Corp. I am the only employee of my company this year and paid myself through automated direct deposits from QuckBooks with Intuit Payroll service. I have filed state, federal, social sec, medicare, and umemployment taxes through Qui...
by Elysium
Wed Jan 11, 2017 6:58 pm
Forum: Investing - Theory, News & General
Topic: I'm just going to leave this here... [Should you rebalance your portfolio?]
Replies: 36
Views: 2816

Re: I'm just going to leave this here... [Should you rebalance your portfolio?]

Trash. This writer and the expert named there needs some basic financial math lessons. they don't even understand the basic fact that a 50/50 portfolio will not shoot up to 70/30 even with some impressive stock returns. It would take an enormous amout of gains over a very lengthy period of time with...
by Elysium
Sat Jan 07, 2017 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: 8.5% for 2016. Can I do better????
Replies: 27
Views: 5389

Re: 8.5% for 2016. Can I do better????

B83772, I'm certainly not advocating that you mimic my portfolio, but I have a 70/30 portfolio and I had a 9.6% return for this year. Equities are 90% VTSAX and 10% VTIAX. Bonds are 40% VBTLX, 40% VICSX, and 20% VWEAX. I'm also 34 and perhaps I can afford to take a bit more credit risk. I am aware ...
by Elysium
Sat Jan 07, 2017 12:37 am
Forum: Investing - Help with Personal Investments
Topic: 8.5% for 2016. Can I do better????
Replies: 27
Views: 5389

Re: 8.5% for 2016. Can I do better????

Why do you want to do better? Is something not working out? 8.5% is good for 70/30 allocation this year. Compare to the following all in one portfolios - Vg TRD 2030, Vg TRD 2035, Vg LS Grth. You should focus on savings rate and cutting on expenses if you wish to make the retirement portfolio larger...
by Elysium
Sat Jan 07, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Help with S Corp nuts and bolts
Replies: 13
Views: 1483

Re: Help with S Corp nuts and bolts

QuickBooks desktop version with Payroll service. Works very well. You can do invoice and send it by e-mail from QB then record that in your bank account. You run Payroll and QB calculates everything for you then submit to Intuit for direct deposit. You also pay IRS and State directly from QB through...
by Elysium
Thu Jan 05, 2017 8:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard weighs in: Is active mutual fund management dead?
Replies: 10
Views: 1668

Re: Vanguard weighs in: Is active mutual fund management dead?

I have been investing in the best Vanguard active managed funds for many years now and have made a lot of money compared to their index fund counterparts. The key is not to dilute it by picking several active funds, but to concentrate on the winners. Everyone who has followed Vanguard knows what tho...
by Elysium
Thu Jan 05, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 7979

Re: spousal disagreement over how much house to buy

I see this thread getting locked anytime now.... nothing more to contribute and it is clear OP is not the one having the say in this partnership, as per his last post the wife is the breadwinner and it is clear where this is going. EDIT: Also, I found this from OPs previous home purchase. I guess yo...
by Elysium
Wed Jan 04, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 7979

Re: spousal disagreement over how much house to buy

There is some real bad advice going on here, very unlike the Boglehead community, perhaps a home is an emotional topic and people tend to not look at numbers :confused OP, you stated the combined gross annual income is just over $200K and 23% of monthly gross comes to about $3800 - that is a lot of ...
by Elysium
Wed Jan 04, 2017 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 7979

Re: spousal disagreement over how much house to buy

No. 23% is too much. It seems you want to make her happy (don't we all :oops: ) but that shouldn't come at a cost later. Have I disagreed with my wife on this? you bet I did. She wanted to buy newer and pricier home just like her friends (as Rod said), I said let us buy less than that and leave some...
by Elysium
Sat Dec 24, 2016 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Bought a house for 560k in 2007
Replies: 73
Views: 10753

Re: Bought a house for 560k in 2007

I suspect we are getting trolled here again ...
by Elysium
Sat Dec 24, 2016 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Bought a house for 560k in 2007
Replies: 73
Views: 10753

Re: Bought a house for 560k in 2007

20 years with above average income and no savings :shock: something still not right. OP isn't giving full disclosure. Two children going to pre-school is costly, but still leaves a lot for savings. That is done now given at least one is going to college. Wife did not work, but she also did not spend...
by Elysium
Sat Dec 24, 2016 9:24 pm
Forum: Personal Consumer Issues
Topic: Las Vegas - should I do anything?
Replies: 34
Views: 4162

Re: Las Vegas - should I do anything?

Looks like there is plenty to enjoy for free. I will go to one show with family and friends, that is decided, the rest enjoy on the cheap. I will go to the Casinos but will not spend a dime of my own, instead watch other people and the extravagance. GC should be interesting, and cold is not a proble...
by Elysium
Sat Dec 24, 2016 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Bought a house for 560k in 2007
Replies: 73
Views: 10753

Re: Bought a house for 560k in 2007

Hi I bought a home for $560k in 2007 , paid 10% down and did an interest only mortgage for the loan for 10 years.I was making close to 200k when I initially bought the house and since my wife wasn't working and with two kids my expenses were high and I couldn't save anything.I lost my job in 2014 a...
by Elysium
Sat Dec 24, 2016 12:10 pm
Forum: Personal Consumer Issues
Topic: Las Vegas - should I do anything?
Replies: 34
Views: 4162

Las Vegas - should I do anything?

I will be in Vegas for 3-4 days next week, along with family. I don't gamble, and do not like Casino's very much. I don't intend to spend anything even in the slot machines. Some of our friends are also there, they like Casinos and playing the games. They also like shows, my wife and daughter will g...
by Elysium
Wed Dec 21, 2016 10:48 am
Forum: Investing - Theory, News & General
Topic: What are the REAL reasons to avoid international?
Replies: 71
Views: 6905

Re: What are the REAL reasons to avoid international?

Currency risk is the main reason to limit international. I don't think there are enough reasons to avoid it completely. In theory, currency risk is something that is neutral over long periods, however, in reality this is not the case when you look at specific time periods. It is possible that the do...
by Elysium
Tue Dec 20, 2016 7:56 pm
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2648

Re: Cycling power meters

Okay, all of you saying no to this have put me on the fence. I will sit there for a while, since the season is still 3-4 months away :?
by Elysium
Tue Dec 20, 2016 7:53 pm
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 9855

Re: Hard Endeavor/Exercise in Middle Age

Road cycling. I put in around 100 miles a week when in season, sometimes more when doing century rides. Keeps me fit and motivated to go out. I just upgraded to a light weight climbing bike on end of season sale at a deep discount. Cannot wait for next season to begin.
by Elysium
Sun Dec 18, 2016 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help: Drowning in Debt
Replies: 60
Views: 7215

Re: Need Help: Drowning in Debt

Our kids goto a private school and we owe $23K for the rest of this year (we are currently late, and paid ~20K so far)
This should've been a giveaway that this is a troll. Schools don't let you be late on payment. You pay on time or your kids aren't going there.
by Elysium
Sun Dec 18, 2016 8:04 pm
Forum: Personal Consumer Issues
Topic: Garage door gets stuck when opening/closing
Replies: 34
Views: 5244

Re: Garage door gets stuck when opening/closing

Usually a broken spring, easy fix and should cost you a few hundred. Try if you can "help" it along to open as a workaround until you get it fixed. Try this: while staying next to the door, hold the remote in hand and press the button and as the door starts opening, place your palm on the middle bar...
by Elysium
Sun Dec 18, 2016 5:09 pm
Forum: Personal Consumer Issues
Topic: Thoughts on SUV for retirement.
Replies: 54
Views: 5791

Re: Thoughts on SUV for retirement.

I personally would not get a GX unless you are planning on off-roading. The GX is a real body-on-frame SUV that will be great off-road but makes compromises on-road. I am not sure what those compromises are? I've heard some of these arguments when I asked opinions too, mostly from people who haven'...
by Elysium
Sun Dec 18, 2016 1:54 pm
Forum: Personal Consumer Issues
Topic: Thoughts on SUV for retirement.
Replies: 54
Views: 5791

Re: Thoughts on SUV for retirement.

I personally would not get a GX unless you are planning on off-roading. The GX is a real body-on-frame SUV that will be great off-road but makes compromises on-road. I am not sure what those compromises are? I've heard some of these arguments when I asked opinions too, mostly from people who haven'...
by Elysium
Sat Dec 17, 2016 11:23 pm
Forum: Investing - Theory, News & General
Topic: Stable Value Funds in Portfolio
Replies: 45
Views: 7609

Re: Stable Value Funds in Portfolio

I use them. About 10% of overall portfolio is in stable value fund (Vanguard Retirement Savings Trust) with yield around 2%. They won't grow any more than that, I know this, they just preserve the value. However with low inflation, there is no issue with losing value of principal. Rest of the portfo...
by Elysium
Sat Dec 17, 2016 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help: Drowning in Debt
Replies: 60
Views: 7215

Re: Need Help: Drowning in Debt

One thing OP didn't mention was household help, like a cleaning person. I wonder if that is a discretionary expense that could be trimmed. Lots of folks in DC seem to be unwilling to clean their own houses or mow their own lawns. These are small expenses that won't break the bank. I pay $100 a mont...
by Elysium
Sat Dec 17, 2016 8:04 pm
Forum: Personal Consumer Issues
Topic: Thoughts on SUV for retirement.
Replies: 54
Views: 5791

Re: Thoughts on SUV for retirement.

I have replied earlier as a Lexus owner, but I will throw in couple more things to consider. The lower cost of Acura or Pilot also comes with its set of problems. Both have minor mechanical issues from time to time. Acura has several issues including problems with the 9-speed shift, and that is shar...
by Elysium
Sat Dec 17, 2016 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help: Drowning in Debt
Replies: 60
Views: 7215

Re: Need Help: Drowning in Debt

Like others have said, what I see is a huge budgeting problem. Unfortunately, you have already indicated that you are the problem here, and the wife probably isn't helping very much either. I am not sure if you have the will power to change things around, a lot of people in this situation don't, but...
by Elysium
Sat Dec 17, 2016 1:23 pm
Forum: Investing - Theory, News & General
Topic: International Bond Fund
Replies: 7
Views: 1533

Re: International Bond Fund

IMO, it may make sense not derive all of your fixed income assets from a single country, although US has the safest FI assets. I have 5% of my overall portfolio in Vanguard Total Intl Bond Idx for this reason. It is less than 20% of my overall FI allocation. I look at it as insurance against single ...
by Elysium
Sat Dec 17, 2016 1:09 pm
Forum: Investing - Theory, News & General
Topic: Millionaire's Asset Allocation
Replies: 8
Views: 2712

Re: Millionaire's Asset Allocation

You would need a lot more than 10MM to own all that stuff. Probably 100MM. What you meant to say this is how the really rich have their wealth allocated. You may even want to rename it that way because otherwise it includes a lot of Boglehead millionaires who aren't rich at all. What I mean by that...
by Elysium
Sat Dec 17, 2016 1:04 pm
Forum: Investing - Theory, News & General
Topic: Which do you think is more likely to happen?
Replies: 27
Views: 3109

Re: Which do you think is more likely to happen?

JuniorRob wrote:1)
2) Within the next 50 years gold loses almost all value. It's no longer seen as a "precious metal". It's value almost exclusively is from industrial usage. Basically the same value as copper.
Tell that to this guy: http://tinyurl.com/gtxa3a3
by Elysium
Sat Dec 17, 2016 12:48 pm
Forum: Personal Consumer Issues
Topic: Thoughts on SUV for retirement.
Replies: 54
Views: 5791

Re: Thoughts on SUV for retirement.

I own the GX460, so I can vouch for it as being a great SUV. I would also offer another unconventional idea, go bigger and get the LX470, it is even better. Since you said you need it to last longer then go for something that will last you a lifetime if you care for it properly. You may even conside...
by Elysium
Sat Dec 17, 2016 12:35 pm
Forum: Investing - Theory, News & General
Topic: Millionaire's Asset Allocation
Replies: 8
Views: 2712

Re: Millionaire's Asset Allocation

What you meant to say this is how the really rich have their wealth allocated. You may even want to rename it that way because otherwise it includes a lot of Boglehead millionaires who aren't rich at all. What I mean by that is, having 1 or 2 million through steady accumulation and growth isn't goin...
by Elysium
Thu Dec 15, 2016 9:40 pm
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2648

Re: Cycling power meters

I don't race. I am on the wrong side of 40s and cannot afford to crash. I cannot afford injuries and being out of work. Need to earn the bread and have children to tend to. You can call me your average serious amateur who like to ride 4-5 days a week when in season, do about 3-4 centuries a year, an...
by Elysium
Thu Dec 15, 2016 9:18 pm
Forum: Investing - Theory, News & General
Topic: winning game, sell stocks despite high bond prices?
Replies: 47
Views: 4947

Re: winning game, sell stocks despite high bond prices?

Like I have stated before, there is no problem in doing some extra re-balancing when you have gained so much Changing your asset allocation is not "extra rebalancing". It doesn't matter to me very much what it is called, this is what I call it, others may reject it as you see fit. I am very much ha...
by Elysium
Thu Dec 15, 2016 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: 4runner vs. Highlander?
Replies: 43
Views: 12417

Re: 4runner vs. Highlander?

I don't know much about the 4 Runner other than that it is a BOF full time 4 WD truck like the GX460. The only 4Runner that offers full time 4WD is the Limited. The other models either offer regular 4WD or 2WD. Thanks for the correction. I don't know much about the 4 Runner as I said earlier and ma...
by Elysium
Thu Dec 15, 2016 8:14 pm
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2648

Re: Cycling power meters

Review for bePro from favero looks interesting and it is one of the cheapest dual pedal meters out there at around $800. My LBS mechanic who owns several bikes and many of them with different kind of power meters also is recommending bePro as good value. I may go for it in spring along with a Garmi...
by Elysium
Thu Dec 15, 2016 8:06 pm
Forum: Investing - Theory, News & General
Topic: I thought Swedroe was a fan of REITs?
Replies: 127
Views: 12312

Re: I thought Swedroe was a fan of REITs?

Hi Larry - thanks for the write up. I have been out of REITs for many years now since the yields were down so much and I am still waiting for 5% yield to get back into this. Meanwhile, I am invested in Small Value instead and no worries about missing out on anything. Good to see you are still postin...
by Elysium
Thu Dec 15, 2016 7:58 pm
Forum: Investing - Theory, News & General
Topic: winning game, sell stocks despite high bond prices?
Replies: 47
Views: 4947

Re: winning game, sell stocks despite high bond prices?

Like I have stated before, there is no problem in doing some extra re-balancing when you have gained so much. I am not a stickler for very rigid AA. For instance, I am fine with a 70/30 or a 75/25 allocation depending on whether equities have done better than expected or not. These things aren't goi...
by Elysium
Thu Dec 15, 2016 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: 4runner vs. Highlander?
Replies: 43
Views: 12417

Re: 4runner vs. Highlander?

I was shopping for SUVs little over a year back and the Toyota Highlander was one of my finalists, but in the end I went with a Lexus GX460. The GX460 is a rugged BoF full time 4WD truck with a very polished Lexus exterior and interior. I love it. The 4 Runner chasis is very similar. The Highlander ...
by Elysium
Wed Dec 14, 2016 1:21 pm
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2648

Re: Cycling power meters

I got some good feedback that I was looking for. Especially in making the decision between what type of power meter to use, and based on the fact that I may need to measure both legs individually, I am leaning towards pedal based dual meters. I have to add that I don't have any discomfort or any oth...
by Elysium
Wed Dec 14, 2016 1:14 pm
Forum: Investing - Theory, News & General
Topic: winning game, sell stocks despite high bond prices?
Replies: 47
Views: 4947

Re: winning game, sell stocks despite high bond prices?

Almost everyone is experiencing same thing because of the unexpected rise in stock prices. What I have done so far 2-3 times this year, once in summer and now at year end, is to do some extra re-balancing that took my equity allocation lower than what it would have been had the stock market did not ...
by Elysium
Mon Dec 12, 2016 11:47 pm
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2648

Re: Cycling power meters

This guy's product reviews tend to be very good: https://www.dcrainmaker.com/2016/09/power-meters-buyers-guide2016-edition.html I ride many thousands of miles per year and do not and will not use a power meter, so no personal reviews from me. :happy I am familiar with his site, already been there, ...
by Elysium
Mon Dec 12, 2016 11:28 pm
Forum: Personal Consumer Issues
Topic: Cycling power meters
Replies: 23
Views: 2648

Cycling power meters

Any power meter users out here, and if so, what are you doing? I need to step up to my next level in cycling and start measuring stats using a power meter I feel. As of now I am doing a lot of riding when in season. I am looking at pedal meters. Question is to use single pedal which is cheaper or bo...
by Elysium
Mon Dec 12, 2016 11:11 pm
Forum: Local Chapters and Bogleheads Community
Topic: Boglehead's newest millionaire
Replies: 89
Views: 11255

Re: Boglehead's newest millionaire

Congratulations :sharebeer

Now that you have passed an important milestone, what changes if any are you making to your portfolio that you have not thought of before, or is everything going as planned. What is your AA at this point, and are you doing anything extra to protect against the downside?