Search found 981 matches

by Brianmcg321
Wed Sep 23, 2020 7:19 am
Forum: Personal Consumer Issues
Topic: Tesla battery day.
Replies: 69
Views: 5830

Re: Tesla battery day.

I guess it didn’t impress many people. TSLA is down 5% before the open.
by Brianmcg321
Wed Sep 23, 2020 7:18 am
Forum: Personal Consumer Issues
Topic: Tesla battery day.
Replies: 69
Views: 5830

Re: Tesla battery day.

Bogle7 wrote: Tue Sep 22, 2020 8:56 pm I got a charge out of the presentation.
Did you get a tingle down your leg?
by Brianmcg321
Wed Sep 23, 2020 7:11 am
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 47
Views: 3230

Re: Pay Realtor Per Showing

You shouldn’t worry about it. They will get a hefty % when you do buy. It’s their job.
by Brianmcg321
Tue Sep 22, 2020 7:22 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6841

Re: VXUS - Why? [Vanguard Total International Stock ETF]

If you don’t like it change it.
by Brianmcg321
Tue Sep 22, 2020 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Bad Finance to put 20% down on House
Replies: 21
Views: 3315

Re: Bad Finance to put 20% down on House

PMI doesn’t go into the house. It’s mortgage insurance. It’s wasted money.
by Brianmcg321
Tue Sep 22, 2020 11:28 am
Forum: Personal Investments
Topic: "emergency" fund earning .5%
Replies: 19
Views: 2067

Re: "emergency" fund earning .5%

That’s a really large emergency fund just sitting in cash.

My emergency fund is $50k. 1/2 in a bank savings account, 1/2 in the Vanguard Balanced index in a taxable account.
by Brianmcg321
Tue Sep 22, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: The Magic Number; Rule of 25; 4%; etc.
Replies: 46
Views: 3108

Re: The Magic Number; Rule of 25; 4%; etc.

The easy way is just to multiply 25 by your take home pay. At least for me. I spend all my take home pay. My take home pay after all savings, taxes, insurance is $52K. So my FI number is $1.3M. My actual living expenses in retirement will probably be much lower as my house will be paid off by then, ...
by Brianmcg321
Mon Sep 21, 2020 1:37 pm
Forum: Personal Investments
Topic: How does total stock market index rebalance value vs growth
Replies: 8
Views: 481

Re: How does total stock market index rebalance value vs growth

Growth and Value are not actually type of stocks, just how the fund invests. Stocks aren’t listed on exchanges as either growth or value. As an example, Johnson & Johnson (JNJ) is held in both Vanguard US Growth and US Value funds.
by Brianmcg321
Mon Sep 21, 2020 1:23 pm
Forum: Personal Investments
Topic: How does total stock market index rebalance value vs growth
Replies: 8
Views: 481

Re: How does total stock market index rebalance value vs growth

It doesn’t.

Any stock can be considered a growth or value stock. Total market hold everything. No need to guess.
by Brianmcg321
Mon Sep 21, 2020 12:46 pm
Forum: Personal Consumer Issues
Topic: Hauling Heavy Load in Trunk of Car: Advice, please.
Replies: 21
Views: 1095

Re: Hauling Heavy Load in Trunk of Car: Advice, please.

That’s not even close to the weight limit in that car.
by Brianmcg321
Mon Sep 21, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: Best Books for Complete Beginners
Replies: 22
Views: 1770

Re: Best Books for Complete Beginners

It was JL Collin's Simple Path to Wealth that go the ball rolling for me, and with some more research and few other books (some mentioned in this thread) I ended up here. And I'm so glad I did, at a relatively young age! https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926...
by Brianmcg321
Sun Sep 20, 2020 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 87
Views: 10753

Re: what is your side job and income?

I'm doing a very stable 9-5 job. Duty is light. Earn is OK. Location is near home. 401K and Roth IRA contributions are all set. I have ample time and energy left after work. Now I'm considering some side job/income. I wonder what bogleheads are conducting on side, and would like to learn some ideas...
by Brianmcg321
Sun Sep 20, 2020 11:33 am
Forum: Personal Investments
Topic: Lump sum mortgage payoff at 3.75% vs. invest
Replies: 15
Views: 1052

Re: Lump sum mortgage payoff at 3.75% vs. invest

I would refinance. You could knock off 1% easy, and lower your monthly payment.
by Brianmcg321
Sun Sep 20, 2020 10:28 am
Forum: Personal Consumer Issues
Topic: What can I expect from new golf clubs
Replies: 96
Views: 5478

Re: What can I expect from new golf clubs

Unless I can take the pro around the golf course with me I am not convinced lessons are the best choice for me at this time. Hitting shots from a practice tee can only reveal so much. My problems start after I hit the ball off the T box. This isn’t true. With video and computers these days they can...
by Brianmcg321
Sun Sep 20, 2020 10:27 am
Forum: Personal Consumer Issues
Topic: What can I expect from new golf clubs
Replies: 96
Views: 5478

Re: What can I expect from new golf clubs

If the clubs you currently have fit you pretty good (lie angle, lenght, and shaft flex) then you won’t see much difference. However, if they are way off you will get both better distance and accuracy. You will see a much bigger drop in your score by working on your short game. Dave Pelzs Putting Bib...
by Brianmcg321
Sun Sep 20, 2020 8:44 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3568

Re: Chris Hogan's Facebook Group restrictions

Oh good, a Ramsey bashing thread. How original.
by Brianmcg321
Sat Sep 19, 2020 11:54 am
Forum: Personal Investments
Topic: Rebalancing to 50/50
Replies: 55
Views: 5302

Re: Rebalancing to 50/50

It is clear from your comments that you should NOT go back to 50% stock. You will not be comfortable. What is the point in having money if it makes you uncomfortable? You may have been very risk tolerant in the past, but you are not now. That's normal. It seems that 30% to 35% would be much more ap...
by Brianmcg321
Sat Sep 19, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: How old is a car that can still be traded in?
Replies: 52
Views: 4258

Re: How old is a car that can still be traded in?

Just sell it on Craigslist or Facebook
by Brianmcg321
Sat Sep 19, 2020 10:01 am
Forum: Personal Investments
Topic: Rebalancing to 50/50
Replies: 55
Views: 5302

Re: Rebalancing to 50/50

Here’s a good visual of three different portfolios you could have during retirement. One is 100% stocks, one 50/50, and one 20/80 For this scenario we are starting in 1999 going until 2020. Withdrawing $40,000 per year. If you were 70 in 1999 which ride would you want to go on. https://www.portfolio...
by Brianmcg321
Sat Sep 19, 2020 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 21071

Re: Preparing for retirement in mid 30s

This thread can be summed up best as “How much money do you need to live like your broke the rest of your life?” This is the thought that I have every time I go to the MMM forum and look at some of the plans for FIRE. The stories of some of those posters are interesting. Saving up a million dollars...
by Brianmcg321
Sat Sep 19, 2020 9:24 am
Forum: Personal Investments
Topic: Rebalancing to 50/50
Replies: 55
Views: 5302

Re: Rebalancing to 50/50

Given your age and time horizon I think your current allocation is fine. Like the others said if you want to bump it to 30% that would be fine also. No need to go to 50%. Your comment is very helpful. I never considered having less than 50% in stocks because after reading this forum for many years,...
by Brianmcg321
Sat Sep 19, 2020 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Reason not to rent out your old house?
Replies: 58
Views: 4734

Re: Reason not to rent out your old house?

What happens when it goes unoccupied for 6 months?
by Brianmcg321
Fri Sep 18, 2020 10:24 pm
Forum: Personal Investments
Topic: Guidance for breaking the news to our financial advisor
Replies: 60
Views: 5224

Re: Guidance for breaking the news to our financial advisor

I would do it via a phone call before.
by Brianmcg321
Fri Sep 18, 2020 7:08 pm
Forum: Personal Investments
Topic: Rebalancing to 50/50
Replies: 55
Views: 5302

Re: Rebalancing to 50/50

Given your age and time horizon I think your current allocation is fine. Like the others said if you want to bump it to 30% that would be fine also. No need to go to 50%.
by Brianmcg321
Fri Sep 18, 2020 3:41 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 6076

Re: Ring for a new girlfriend

MotoTrojan wrote: Fri Sep 18, 2020 3:28 pm Can tell you from experience that giving rings as non-engagement gifts is a dangerous activity. Maybe a necklace, earrings, or bracelet would do?
This.

Give her a bracelet or earrings.
by Brianmcg321
Fri Sep 18, 2020 2:23 pm
Forum: Personal Investments
Topic: My sister — should some of her money be invested?
Replies: 19
Views: 1966

Re: My sister — should some of her money be invested?

If you are wanting something simple like a one fund I would look at the Target Retirement Income Fund instead of the Life Strategy. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&init...
by Brianmcg321
Fri Sep 18, 2020 2:13 pm
Forum: Personal Investments
Topic: My sister — should some of her money be invested?
Replies: 19
Views: 1966

Re: My sister — should some of her money be invested?

What is she doing with the RMD if she doesn't spend it?
by Brianmcg321
Fri Sep 18, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 21071

Re: Preparing for retirement in mid 30s

queso wrote: Fri Sep 18, 2020 10:42 am
Brianmcg321 wrote: Fri Sep 18, 2020 9:36 am This thread can be summed up best as “How much money do you need to live like your broke the rest of your life?”
There is a whole forum dedicated to that over on MMM. :happy
Lol. I’ve been there. Quite entertaining.
by Brianmcg321
Fri Sep 18, 2020 9:48 am
Forum: Personal Investments
Topic: Moving Roth IRA from TIAA to Vanguard
Replies: 9
Views: 570

Re: Moving Roth IRA from TIAA to Vanguard

Call Vanguard. They can do it over the phone with TIAA. Easy peasy.
by Brianmcg321
Fri Sep 18, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 21071

Re: Preparing for retirement in mid 30s

This thread can be summed up best as “How much money do you need to live like your broke the rest of your life?”
by Brianmcg321
Thu Sep 17, 2020 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: What one Book to read about personal finance?
Replies: 40
Views: 2529

Re: What one Book to read about personal finance?

JL Collins The Simple Path to Wealth. He's got a blog too.

https://jlcollinsnh.com/stock-series/
by Brianmcg321
Thu Sep 17, 2020 7:09 pm
Forum: Personal Investments
Topic: VG stock all in one?
Replies: 6
Views: 661

Re: VG stock all in one?

You're in luck. Vanguard Total World VTWAX https://investor.vanguard.com/mutual-funds/profile/VTWAX "Total World Stock Index Fund provides shareholders low-cost exposure to stock markets around the globe, including the United States, developed foreign markets, and emerging markets. In addition to st...
by Brianmcg321
Thu Sep 17, 2020 5:20 pm
Forum: Personal Investments
Topic: Received Inheritance After Retirement
Replies: 10
Views: 1581

Re: Received Inheritance After Retirement

If your wife is still working you can both max out your IRAs if you have that much income.

Other than that just open a regular account and stick it into VTSAX. Use as needed.

Or, add solar panels to the roof of your new home and buy yourselves a couple of new Teslas.
by Brianmcg321
Wed Sep 16, 2020 3:36 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2942

Re: "Refinance" mortgage for a family member @ 2%?

Having family members owe you money is never a good idea. It changes the relationship. Thanksgiving will never be the same.

Help her refinance and pay her closing costs as a gift.
by Brianmcg321
Wed Sep 16, 2020 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity CC declined, they deny declining
Replies: 41
Views: 3624

Re: Fidelity CC declined, they deny declining

Cheez-It Guy wrote: Mon Sep 14, 2020 12:26 pm These are the kinds of one-off special-cause things some Bogleheads immediately end long-standing business relationships over. So, quit Fidelity, I guess.

Problem solved?

LOL. Yep, only course of action I see.
by Brianmcg321
Wed Sep 16, 2020 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford $550K house?
Replies: 17
Views: 1968

Re: Can we afford $550K house?

Paying 20% down the mortgage would be for 440,000. With a 30 year loan at 3.5% your monthly payment would be $1,950.

Worst case, would you be able to pay that only making $100k. It would be a stretch, but with your savings it would be doable for quite awhile.
by Brianmcg321
Wed Sep 16, 2020 8:33 am
Forum: Personal Investments
Topic: Vanguard Roth Performance
Replies: 17
Views: 1771

Re: Vanguard Roth Performance

VTWNX is currently a 50/50 stock/bond allocation. If you were 100% stocks would you have enjoyed the 20% reduction in your account Feb-March?I know I wouldn’t have. I’m sure the ride back up would have been nice, but hindsight is 20/20. https://www.portfoliovisualizer.com/backtest-portfolio?s=y&time...
by Brianmcg321
Wed Sep 16, 2020 8:26 am
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 924

Re: Late start, need advice on allocation and fund selection

I would agree on the aggressive part except for the following: 1. Op has just started saving. The account size is very low compared to the new investments. 2. Her savings rate acts like the bond to offset any downturn in the market. 3. The target date funds will get less aggressive over the next 10...
by Brianmcg321
Wed Sep 16, 2020 8:05 am
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 924

Re: Late start, need advice on allocation and fund selection

UC Pathway 2035. 75%/25% allocation. 0.02 expense ratio I don't see a problem with these funds. Have you thought about contributing to a (Roth) IRA? Have you thought about investing some of the $100k in a taxable brokerage account in stock index funds? If you choose to do this, what would your over...
by Brianmcg321
Wed Sep 16, 2020 7:59 am
Forum: Investing - Theory, News & General
Topic: Growth v. value in two Vanguard active international funds
Replies: 20
Views: 1170

Re: Growth v. value in two Vanguard active international funds

I don’t like their international growth fund simply because they have us companies in it. Their short term return can be completely attributed to Tesla and Amazon.
by Brianmcg321
Wed Sep 16, 2020 7:31 am
Forum: Personal Investments
Topic: Late start, need advice on allocation and fund selection
Replies: 13
Views: 924

Re: Late start, need advice on allocation and fund selection

It’s a good plan. Your savings rate at this point will be a much bigger determinant to your ending value than the particular funds. But what you are choosing is fine, unless you want something more aggressive, but it’s not necessary. If you have maxed out all your retirement accounts, you can always...
by Brianmcg321
Wed Sep 16, 2020 1:00 am
Forum: Personal Finance (Not Investing)
Topic: new car - 0% interest loan ?
Replies: 27
Views: 1748

Re: new car - 0% interest loan ?

That’s what I would do. The downside would be the car is depreciating faster than you’re paying it off. But that’s true of all new vehicles.
by Brianmcg321
Tue Sep 15, 2020 10:32 pm
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 61
Views: 8041

Re: Throwing In The Towel on Portfolio Management

I like your plan. The more I have learned over the years about investing the more I like the one fund approach. When I retire I will probably just put all our traditional IRAs in one of the life strategy funds or balanced index, and keep our Roths in VTSAX. If we ever use our Roths I will change the...
by Brianmcg321
Tue Sep 15, 2020 10:02 pm
Forum: Investing - Theory, News & General
Topic: Can VTSAX accidentally sell all its stock holdings?
Replies: 47
Views: 3907

Re: Can VTSAX accidentally sell all its stock holdings?

It’s not like they have a “liquidate everything” button. If they did surely they would have a pop up stating “Are you sure” “Yes/No”. Lol Yes, but it's running on Win 98 with a Cobol backend! They are probably all still playing Minesweeper, and wondering why their AOL dial-up is always busy.
by Brianmcg321
Tue Sep 15, 2020 9:52 pm
Forum: Investing - Theory, News & General
Topic: Can VTSAX accidentally sell all its stock holdings?
Replies: 47
Views: 3907

Re: Can VTSAX accidentally sell all its stock holdings?

It’s not like they have a “liquidate everything” button.

If they did surely they would have a pop up stating “Are you sure” “Yes/No”. Lol