Search found 647 matches

by ks289
Sat Jan 23, 2016 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: High income earners and retirement budget?.
Replies: 37
Views: 6012

Re: High income earners and retirement budget?.

Expenses are currently 35% of income but will drop in retirement with mortgage paid off at that point. Still aiming to save for 25 x the larger number to provide a cushion (?inheritance) and to account for taxes.
by ks289
Sat Jan 23, 2016 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Am I hurting myself by saving too much? (re: college funding)
Replies: 104
Views: 11767

Re: Am I hurting myself by saving too much? (re: college funding)

klangfool is right, you definitely are paying too much in tax by using the 529, because you do not max out your retirement accounts. That means you are unnecessarily paying tax when you could have saved thousands of dollars Can you please show the math behind this? There are a few people here that ...
by ks289
Tue Jan 19, 2016 5:15 am
Forum: Personal Investments
Topic: How accurate is vanguard's calculation of my investment returns?
Replies: 10
Views: 2156

Re: How accurate is vanguard's calculation of my investment returns?

I have not observed any inaccuracies with Vanguard's personal performance stats. I think that your 5 year personal performance could be getting dragged down by your international portion being 45% of your equities. Also, if you had fewer assets 5 years ago already invested, then the robust returns e...
by ks289
Sat Jan 16, 2016 9:08 pm
Forum: Investing - Theory, News & General
Topic: I'm Calling an Emerging Markets Bottom
Replies: 292
Views: 61413

Re: I'm Calling an Emerging Markets Bottom

I hope this is the bottom-just put in another order to buy. When we hit a top please start another thread-I'll strongly consider getting out then.
by ks289
Sat Jan 16, 2016 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Where does the "need" to max out all retirements accounts come from?
Replies: 55
Views: 7425

Re: Where does the "need" to max out all retirements accounts come from?

1) We want to retire early. 2) Even if we did not retire early, we need to max retirement accounts and invest in taxable accounts to save enough to maintain our standard of living. 3) The up front tax savings and strong likelihood of paying less tax on withdrawal (39.6 federal currently, no pension)...
by ks289
Sun Jan 03, 2016 10:19 am
Forum: Personal Consumer Issues
Topic: How much is your house worth?
Replies: 71
Views: 9018

Re: How much is your house worth?

I think zillow is unrealistically high for my house and about 10% higher than this source. Both estimates are fine by me if accurate though.
Zillow is 40% higher than tax assessment. Redfin is 26% higher than assessment.
by ks289
Sun Jan 03, 2016 5:09 am
Forum: Investing - Theory, News & General
Topic: frustrating to keep investing in international/EM
Replies: 179
Views: 22224

Re: frustrating to keep investing in international/EM

Over the five year period leading up to January 1, 1989, the Nikkei 225 gained 197% and the S&P 500 66%. I wonder if Japanese investors then were questioning the value of international stocks. ...and since then? The underperformance in Japan since then demonstrates the potential benefit of dive...
by ks289
Sat Jan 02, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: A dead year, never get it back
Replies: 90
Views: 13405

Re: A dead year, never get it back

Almost everything is wrong here. If a "dead year" is a year in which the market ended up about where it started, then the concept is meaningless to a long-term investor. When you start and end the clock, and that you make it run 12 months, are all completely arbitrary and have no bearing ...
by ks289
Mon Dec 28, 2015 10:06 am
Forum: Personal Finance (Not Investing)
Topic: What is your savings rate?
Replies: 146
Views: 21203

Re: What is your savings rate?

About 40% of gross salary. I'm sure it would be a lot better if I stop purchasing items with wheels. That's my weakness. It seems I get something every year. It's a bit ridiculous but I enjoy them despite the fact that they depreciate. No plans to change right now as early retirement is still possi...
by ks289
Sat Dec 26, 2015 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: What is your savings rate?
Replies: 146
Views: 21203

Re: What is your savings rate?

About 30%. Usually expect 35%, but we had some big purchases this year.
by ks289
Thu Dec 24, 2015 8:00 am
Forum: Personal Investments
Topic: Age in Bonds
Replies: 108
Views: 11751

Re: Age in Bonds

nisiprius wrote:I'm at about age in bonds, but with no plans at the moment to reduce stocks.

Me too.
by ks289
Sat Dec 19, 2015 1:12 pm
Forum: Personal Investments
Topic: Here's my new 401k thru employee Fiduciary. Thoughts?
Replies: 15
Views: 1158

Re: Here's my new 401k thru employee Fiduciary. Thoughts?

Anybody who wants to add REIT or SCV can do so in an IRA or taxable (SCV, not REIT). Anything in addition to basics just confuses all but the more sophistocated investors. I think this is the reason that most people don't even participate - they feel helpless and get analysis paralysis. I'd suggest...
by ks289
Sat Dec 19, 2015 11:24 am
Forum: Personal Investments
Topic: Here's my new 401k thru employee Fiduciary. Thoughts?
Replies: 15
Views: 1158

Re: Here's my new 401k thru employee Fiduciary. Thoughts?

I think it is fine. How many employees and do they even care? You should be able to see what the current employees are invested in in aggregate to know how your MassMutual funds map to these funds. Any issues with the mapping? I see little need now for SCV, REIT etc even though I tilt quite a lot a...
by ks289
Sat Dec 19, 2015 8:07 am
Forum: Personal Consumer Issues
Topic: I would like to play the Boglehead car game too
Replies: 163
Views: 15714

Re: I would like to play the Boglehead car game too

No rules of thumb for this IMO. 3% net worth or 3 months salary can be way too cheap (or impossible) or way too extravagant. Certainly these rules allow you to avoid financial disaster, but following them at your income and net worth (particularly in the future) could result in you driving a Bentley...
by ks289
Fri Dec 18, 2015 5:43 am
Forum: Personal Investments
Topic: Active funds some/many Bogleheads love
Replies: 47
Views: 5649

Re: Active funds some/many Bogleheads love

Vanguard intermediate term tax exempt fund (VWIUX)
At the time an index was not available from vanguard, but since an index came out I have not had a chance to look into that option yet.
by ks289
Thu Dec 10, 2015 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much money should I leave my kids?
Replies: 96
Views: 11859

Re: How much money should I leave my kids?

The money you are setting aside for your kids is very generous, and if you wait until you pass it will hopefully be in the distant future when they will be firmly established in their lives. If you believe that they will be able to handle the money when they are younger, it may also be worthwhile to...
by ks289
Sat Dec 05, 2015 9:02 pm
Forum: Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 12942

Re: Doctor Strategies

Lots of great perspectives here. I think the traditional strategies for docs to maximize their income fall into broad categories which vary greatly by specialty and employment structure. Some are clearly completely active while others are partly passive and include 1. Extra clinical work (more shift...
by ks289
Wed Dec 02, 2015 7:44 am
Forum: Investing - Theory, News & General
Topic: How to Outpace Inflation?
Replies: 54
Views: 5587

Re: How to Outpace Inflation?

On this forum you may not find too many people recommending alternative investments such as gold or commodities or other hard assets as an inflation hedge. My opinion and approach is to invest in international stock mutual funds to provide some potential inflation protection and diversification. I a...
by ks289
Mon Nov 30, 2015 7:58 am
Forum: Personal Consumer Issues
Topic: Nice house vs traveling
Replies: 78
Views: 9029

Re: Nice house vs traveling

From the wiki "Live below your means. Perhaps the most important idea underlying the Bogleheads approach to investing is recognizing you need to save a significant portion of income every month to have enough money for a comfortable retirement. There is no substitute for spending less than you ...
by ks289
Sat Nov 28, 2015 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Push child to avoid expensive college?
Replies: 210
Views: 21248

Re: Push child to avoid expensive college?

Just don't let her do this: http://www.nytimes.com/2015/11/29/upshot/student-debt-in-america-lend-with-a-smile-collect-with-a-fist.html?ribbon-ad-idx=2&rref=education&module=Ribbon&version=origin&region=Header&action=click&contentCollection=Education&pgtype=article I rea...
by ks289
Sat Nov 28, 2015 7:19 am
Forum: Personal Finance (Not Investing)
Topic: Push child to avoid expensive college?
Replies: 210
Views: 21248

Re: Push child to avoid expensive college?

Just don't let her do this: http://www.nytimes.com/2015/11/29/upshot/student-debt-in-america-lend-with-a-smile-collect-with-a-fist.html?ribbon-ad-idx=2&rref=education&module=Ribbon&version=origin&region=Header&action=click&contentCollection=Education&pgtype=article I rea...
by ks289
Sat Nov 28, 2015 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Push child to avoid expensive college?
Replies: 210
Views: 21248

Re: Push child to avoid expensive college?

So much of the outcomes at elite schools is due to the aptitude of the student body, not the school. Study after study has shown that students admitted to elite schools but went elsewhere (often for financial reasons) have the same career and financial life outcomes as those that attended the elite...
by ks289
Fri Nov 27, 2015 8:32 am
Forum: Personal Finance (Not Investing)
Topic: High Earner Careers?
Replies: 305
Views: 49515

Re: High Earner Careers?

So many angry people in this thread.... I've had many clients who make well north of $300k a year and they have varied backgrounds and fields. Doctors (usually specialized), some Law Partners (although law seems to be feast or famine - some attorneys are crushing it, others are making less than my ...
by ks289
Thu Nov 19, 2015 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: MDs--Academics or Private Practice?
Replies: 47
Views: 8377

Re: MDs--Academics or Private Practice?

Well finally narrowed down to two tangible offers to discuss: 1) Academic job at my alma mater Pros: -Teaching and mentorship opportunities -<1 hour drive to my immediate family -warmer, larger city -academic enviroment, collaboration opportunities -~200k base pay plus potential annual raise depend...
by ks289
Thu Nov 19, 2015 7:58 am
Forum: Personal Finance (Not Investing)
Topic: College Engineering Programs - how different are they?
Replies: 152
Views: 13532

Re: College Engineering Programs - how different are they?

KF, I am no engineer and am mainly staying out of this discussion, but it seems to me that you are really trying a bit hard to make the data suit your argument. Having such abysmal 4 year (and 6 year) graduation rates for an institution and would seem to indicate that the majority of accepted and e...
by ks289
Wed Nov 18, 2015 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: College Engineering Programs - how different are they?
Replies: 152
Views: 13532

Re: College Engineering Programs - how different are they?

Folks, Just to summarize the data from previous post. #2 Stanford -> US News and World Report Engineering Ranking -> 2 4 years graduation rate -> 76% #10 University of Texas-> US News and World Report Engineering Ranking -> 10 4 years graduation rate -> 31% #76 University of Houston -> US News and ...
by ks289
Sun Nov 08, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging inferior [but Vanguard disagrees]
Replies: 143
Views: 15376

Re: Dollar Cost Averaging inferior

DCA has two meanings. One meaning is just investing a % of each paycheck over time. That is a good policy that has nothing to do with investing a lump sum. So, I would have to see the webinars you are are talking about. For the purposes of comparing DCA and lump sum, investing a % of each paycheck ...
by ks289
Sun Nov 08, 2015 11:26 am
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging inferior [but Vanguard disagrees]
Replies: 143
Views: 15376

Re: Dollar Cost Averaging inferior [but Vanguard disagrees]

"Dollar cost averaging" (DCA) by investing a large lump sum in stages over time is usually not the better idea. "Dollar cost averaging" (DCA) by investing a set sum out of every pay check is usually the better idea. Is this so difficult to grasp? Some people are truly in disagre...
by ks289
Sun Nov 08, 2015 10:01 am
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging inferior [but Vanguard disagrees]
Replies: 143
Views: 15376

Re: Dollar Cost Averaging inferior

DCA has two meanings. One meaning is just investing a % of each paycheck over time. That is a good policy that has nothing to do with investing a lump sum. So, I would have to see the webinars you are are talking about. That is exactly right. The confusion arises out of the fact that the term DCA (...
by ks289
Sun Nov 08, 2015 6:46 am
Forum: Investing - Theory, News & General
Topic: Dollar Cost Averaging inferior [but Vanguard disagrees]
Replies: 143
Views: 15376

Re: Dollar Cost Averaging inferior

DCA has two meanings. One meaning is just investing a % of each paycheck over time. That is a good policy that has nothing to do with investing a lump sum. So, I would have to see the webinars you are are talking about. For the purposes of comparing DCA and lump sum, investing a % of each paycheck ...
by ks289
Sat Nov 07, 2015 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Question for those who had hi salary and retired or semi retired young
Replies: 33
Views: 6515

Re: Question for those who had hi salary and retired or semi retired young

#1 I do not think that it is easy to cut back on work before having kids because your financial needs at that time may exceed your projections. It is possible that your responsibilities and workload at that time will greatly increase, which will force you to cut back on work (and income) at that tim...
by ks289
Sat Oct 31, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Helping others become like us...
Replies: 44
Views: 4064

Re: Helping others become like us...

I think financial guidance only is appreciated when the stock market is going up.
by ks289
Fri Oct 30, 2015 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 9327

Re: How much of your total income are you worth?

54%
Decent returns helping to offset hefty tax bite.
by ks289
Fri Oct 30, 2015 6:19 am
Forum: Investing - Theory, News & General
Topic: Building a Nest Egg for young kids
Replies: 10
Views: 2042

Re: Building a Nest Egg for young kids

It is very generous of you to wish to gift your children money for college, a home, and their retirement. That being said, it is typically recommended to fully fund your retirement and adequately fund 529s before considering a custodial account/UTMA. Most who could be eligible for financial aid shou...
by ks289
Mon Oct 19, 2015 7:19 am
Forum: Investing - Theory, News & General
Topic: Eliminate International?
Replies: 78
Views: 8274

Re: Index fund facts

I think your examples clearly illustrate how real estate in certain markets has performed extremely well, but it is not certain that moving forward these markets will continue to outperform equities, particularly after considering transaction costs, maintenance costs, effects of leverage, etc. More...
by ks289
Sun Oct 18, 2015 7:45 pm
Forum: Investing - Theory, News & General
Topic: Eliminate International?
Replies: 78
Views: 8274

Re: Index fund facts

Says the guy advocating real-estate :oops: There was never a 15-year (or even 10-year, I believe) period over the last 60 years where real-estate didn't generate a very nice return in the areas that I'm in. There's no comparison to the stock market. I have a friend whos brother-in-law's uncle's fri...
by ks289
Sun Oct 18, 2015 1:40 pm
Forum: Personal Investments
Topic: Lump Sum and Done for 529 best option?
Replies: 14
Views: 2381

Re: Lump Sum and Done for 529 best option?

In addition, my understanding is that the 10% penalty on earnings is waived if you get scholarships (not the tax on earnings of course). The benefit of 529 vs taxable depends on your tax rate and your returns, which are unknown. However, you could potentially end up with an extra 1-2% annually whic...
by ks289
Sun Oct 18, 2015 5:51 am
Forum: Investing - Theory, News & General
Topic: 2008 Market Crash, Did You See It As Opportunity?
Replies: 60
Views: 6317

Re: 2008 Market Crash, Did You See It As Oppertunity?

Yes I looked at it as an opportunity, but it made me uncomfortable then downright scared to be buying on the way down and piling up bigger and bigger losses while many colleagues sold. The fact that it recovered so nicely felt great of course, but I do not believe that I could easily tolerate anothe...
by ks289
Sat Oct 17, 2015 4:52 pm
Forum: Personal Investments
Topic: Dad says to pull back on investments going into 2016, what do you think?
Replies: 52
Views: 8748

Re: Dad says to pull back on investments going into 2016, what do you think?

Jack FFR1846 wrote:Does dad have a Delorean with a bunch of wire bundles and a flux capacitor? If yes, heed his advice and buy him some plutonium for his next time travel trip. If no, ask him "so who's president in 2025, future boy?".
LOL :D
by ks289
Sat Oct 17, 2015 12:26 pm
Forum: Personal Investments
Topic: Lump Sum and Done for 529 best option?
Replies: 14
Views: 2381

Re: Lump Sum and Done for 529 best option?

My husband and I are putting together a plan for our investments and are tackling the college savings portion next. I've read through many posts on the subject here but wanted to get advice for our situation in particular. My kids are 3 and 1, and we've got another one on the way. Between investmen...
by ks289
Sat Oct 17, 2015 6:47 am
Forum: Personal Consumer Issues
Topic: How much would you be willing to pay someone to track your finances?
Replies: 41
Views: 4565

Re: How much would you be willing to pay someone to track your finances?

I think my wife (in particular) and I would gladly pay for someone else to responsibly and reliably handle tasks which relate to detecting fraud and errors. -checking/confirming credit card transactions -checking/confirming bank transactions This of course by definition is probably not a good thing ...
by ks289
Thu Oct 15, 2015 5:48 am
Forum: Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 21688

Re: To pay for [chidren's] college education? Or not ...

ks289, My brother-in-law got his accounting degree from University of Texas at Austin. After working for a few years, he go back to school and got his master degree of economic from University of Chicago. He worked at Wall Street for many years up to the level of MD for one of the largest bank in t...
by ks289
Wed Oct 14, 2015 8:58 pm
Forum: Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 21688

Re: To pay for [chidren's] college education? Or not ...

Sometimes people do not mind paying full price for something they believe to be valuable and unique, and there is no haggling or cheaper equivalent. A top education may fall into this category for some. Some people not only are willing to pay full price, but they gladly donate money as well to give...
by ks289
Wed Oct 14, 2015 7:54 pm
Forum: Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 21688

Re: To pay for [chidren's] college education? Or not ...

A car dealer does not have a sliding scale of price based on the consumer's income and assets. Schools do. No, they don't. The amount of tuition is the same for everybody. You're complaining about not getting a discount via FAFSA, etc. The amount of tuition is clearly posted on the university's web...
by ks289
Sat Oct 03, 2015 11:55 am
Forum: Personal Investments
Topic: 401K Fee Review
Replies: 22
Views: 1130

Re: 401K Fee Review

Read the wiki under expensive 401k choices topic to calculate whether it makes sense for you or not. The $400 needs to be assessed in the context of match, fees as a % of contribution/balance, tax rate, years you plan on staying. It is a no brainer if you have a match, but without a match it may be ...
by ks289
Tue Sep 29, 2015 5:11 am
Forum: Personal Finance (Not Investing)
Topic: Is private high school "worth it"?
Replies: 130
Views: 11911

Re: Is private high school "worth it"?

In general no one cares where you went to high school. An expensive college degree's premium lasts maybe 3 years. After that, people want to know what you've done and could care less where you went to college. Think of it as rungs on a ladder. Each step is important for reaching the next one. While...
by ks289
Mon Sep 28, 2015 4:40 am
Forum: Personal Finance (Not Investing)
Topic: College fees - parent's income and funds
Replies: 32
Views: 3544

Re: College fees - parent's income and funds

Wi$e pundits! I need your suggestions to manage fees for my child's college. Our financial position - Me and my wife's combined income <100 k per year with 80k+ in 401k investments. Bank balances 30k+ for buying our first home in near future. No other assets. I keep higher balance in bank accounts ...
by ks289
Sun Sep 27, 2015 12:18 pm
Forum: Investing - Theory, News & General
Topic: Why not take their advice?
Replies: 59
Views: 6340

Re: Why not take their advice?

I'm no guru, but that's too much equities for my taste. I also prefer having international at least on the equities side and munis on the bond side.
by ks289
Sun Sep 27, 2015 6:46 am
Forum: Personal Finance (Not Investing)
Topic: % Net Worth Change Since New Year's 2015
Replies: 95
Views: 11895

Re: % Net Worth Change Since New Year's 2015

This is a surprising post, do participants really spend time obsessing over net worth changes? I can understand quarterly (not less often) reviews of portfolio fluctuations for rebalancing purposes but seems much more meaningful things to do than net worth calculations. Like work and family and sav...
by ks289
Sat Sep 26, 2015 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: % Net Worth Change Since New Year's 2015
Replies: 95
Views: 11895

Re: % Net Worth Change Since New Year's 2015

We were up in net worth maybe 5% with savings and gains earlier, but now we are roughly unchanged now year to date despite savings due to the losses from the last few months. It largely depends on how much your accumulated assets are in relation to your additions.