Search found 1778 matches

by Bacchus01
Thu Jul 11, 2013 1:15 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on adding Vanguard Precious Metals and Mining Fund
Replies: 44
Views: 11432

Re: Thoughts on adding Vanguard Precious Metals and Mining F

I'm in the Mining industry. Commodity prices have fallen dramatically and mining stocks have been hammered. You may see that as the bottom...I think there is more bottom to go. China demand drives more than half of all mining activity in the world. If you really want to know about the sector you are...
by Bacchus01
Thu Jul 11, 2013 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship l Advisor
Replies: 41
Views: 5985

Re: Vanguard Flagship l Advisor

70/30 for a 46 year old who is clearly on track to win the game and then some? Too aggressive for me. I'd be looking closer to 60/40. As far as the funds go; that is basically my exact portfolio but with different ratios. Can't go wrong with those funds. Interesting, as I'd take the opposite approa...
by Bacchus01
Thu Jul 11, 2013 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: At what networth is it not worth working at X salary?
Replies: 34
Views: 8061

Re: At what networth is it not worth working at X salary?

What happens in that year when 8% is just -5%?

How much are you budgeting for health insurance?

What if you have kids and they want to go to college?

10X current wages would probably be enough if you're 75. But if you're 35? Not a chance.
by Bacchus01
Sun Jul 07, 2013 10:51 am
Forum: Investing - Theory, News & General
Topic: preferred accounting for cash in AA?
Replies: 15
Views: 1311

Re: preferred accounting for cash in AA?

I count it in Bonds/Cash. I usually hold over $150K in cash, so I include it.

I do not include our home(s) but am beginning to believe I should include our rental property as an income account (e.g. bond).
by Bacchus01
Wed Jul 03, 2013 7:57 am
Forum: Investing - Theory, News & General
Topic: Overfunding a 401K
Replies: 3
Views: 1434

Re: Overfunding a 401K

Anyone?
by Bacchus01
Tue Jul 02, 2013 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Excess aftertax 401K $ returned: What to expect nx year?
Replies: 11
Views: 2219

Re: Excess aftertax 401K $ returned: What to expect nx year

Thanks for the response.

Have you actually seen this done?

And what if you didn't actually roll it over? What if you just took a withdrawl? How is that treated?

Say I had $55K total contribution, but withdrew $5K after-tax (all contribution, assume no earnings). How would that be handled?
by Bacchus01
Tue Jul 02, 2013 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Making sense of 401(k) after-tax Roth conversion options
Replies: 4
Views: 665

Re: Making sense of 401(k) after-tax Roth conversion options

If you have a loss when you transfer, can you take that as a loss on your taxes?

If you have a loss on one withdrawl, but a gain on another, do they offset for tax purposes?
by Bacchus01
Tue Jul 02, 2013 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: In-service distribution of after-tax 401k
Replies: 11
Views: 1760

Re: In-service distribution of after-tax 401k

I'm surprised your plan only allows check to employee. I'm doing this now about every two weeks. I got he information from Vanguard. I call Wells Fargo with the info, and they process in in about 2 minutes. The first time I did this it took about 7 days to transfer and post. The second time the mirr...
by Bacchus01
Tue Jul 02, 2013 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Excess aftertax 401K $ returned: What to expect nx year?
Replies: 11
Views: 2219

Re: Excess aftertax 401K $ returned: What to expect nx year

Just curious as I posted something similar.

What happens if the "excess" is no longer in your account? What happens if you have already withdrawn the amount (if your plan allows this, mine does)? What happens if you've not only withdrawn it, but rolled it to a Roth IRA?
by Bacchus01
Tue Jul 02, 2013 12:17 am
Forum: Investing - Theory, News & General
Topic: Overfunding a 401K
Replies: 3
Views: 1434

Overfunding a 401K

I know what happens if you overfund a 401K with pre-tax dollars. But what if you overfund with after tax? Meaning, inclusive of all pre-tax, employer match, and after tax, you go above $51K in total contributons? I assume the plan has to refund it to you, but there are no tax consequences (except on...
by Bacchus01
Sun Jun 30, 2013 11:27 pm
Forum: Personal Consumer Issues
Topic: Body by Science Workout
Replies: 239
Views: 40230

Re: Body by Science Workout

Most NFL Linemen cannot bench 310 lbs 15 times.

Check out the combines. They are only doing 225 lbs and many of them do less than 20 reps.

This is insane amount of weight to do 15 times.
by Bacchus01
Sun Jun 30, 2013 6:51 pm
Forum: Personal Consumer Issues
Topic: Quality Sunglasses
Replies: 52
Views: 9909

Re: Quality Sunglasses

I have two pair of $200 Oakley's and a pair of $200 Maui Jims. I would take the Oakley's over any other glasses. Period. The clarity in their lens is amazing. Maui Jims are nice and are lighter, but I find myself taking them off to read things or see something where I need some clarity. That never h...
by Bacchus01
Mon Jun 17, 2013 6:57 am
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 299
Views: 67020

Re: What age did you reach 100K networth?

I don't' understand the argument that an advanced degree would push back your date at all. My wife and I both have MBAs and it only accelerated accumulation. There are smart ways to get an advanced degree.
by Bacchus01
Sat Jun 15, 2013 8:16 am
Forum: Investing - Theory, News & General
Topic: Bogleheads work to reduce income inequality
Replies: 4
Views: 912

Re: Bogleheads work to reduce income inequality

You are making the assumption, in your headline, that income inequality exists.
by Bacchus01
Sat Jun 15, 2013 8:14 am
Forum: Personal Finance (Not Investing)
Topic: What age did you reach 100K networth?
Replies: 299
Views: 67020

Re: What age did you reach 100K networth?

Don't have records back then and didn't track, but I'd say probably around 28, which would have been around 2001.

Fast forward 12 years and it is nearly 15X that.
by Bacchus01
Wed Jun 12, 2013 8:47 am
Forum: Investing - Help with Personal Investments
Topic: 401k HCE question
Replies: 6
Views: 680

Re: 401k HCE question

In practice, at my MegaCorp, the officers make so much money that even limiting their contributions to no more than 6% they still easily reach the overall $17,500 dollar limit. Thus they are indifferent. The ones who are hurt are people like me with the awareness of the need to save and the ability...
by Bacchus01
Wed Jun 12, 2013 8:43 am
Forum: Investing - Help with Personal Investments
Topic: when to re-balance ??
Replies: 11
Views: 1109

Re: when to re-balance ??

I "re-balance" with new money investment monthly. I've only been a boglehead for 6 months. I have not done any re-balancing with buying/selling existing assets other than my original setup of AA. Right now my AA is telling me to sell equities and buy bonds. I just can't bring myself to do it until I...
by Bacchus01
Mon Jun 10, 2013 8:40 am
Forum: Investing - Theory, News & General
Topic: a really depressing ny times article on retirement
Replies: 67
Views: 10430

Re: a really depressing ny times article on retirement

So many flaws in that article arleady pointed out.

"Accustomed" to living on $150K makes me laugh. We are a family of 5, 3 boys still under 12 years old, with a household gross income several times the "$150K" threshold and a 7-digit net worth...and we spend only about 2/3rds of that number.

Crazy.
by Bacchus01
Wed Jun 05, 2013 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Crazy reply from employer re 401k Index funds
Replies: 66
Views: 10335

Re: Crazy reply from employer re 401k Index funds

If the person that sent you that email works for the company, they just gave you financial advice. As such, they just broke their fiduciary responsibility and could conceivably be liable for any decisions you make based on that email.
by Bacchus01
Sun Jun 02, 2013 11:18 am
Forum: Investing - Theory, News & General
Topic: S&P article on mid-cap being the "sweet spot"
Replies: 8
Views: 1483

Re: S&P article on mid-cap being the "sweet spot"

40% of my equity holdings are small/mid cap.
by Bacchus01
Sat Jun 01, 2013 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: What you tell yourself when you end up buying at a peak
Replies: 47
Views: 4481

Re: What you tell yourself when you end up buying at a peak

I tell myself there will be more peaks, and the one 20 years from now is the one that matters.
by Bacchus01
Fri May 31, 2013 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Am I on the right track?
Replies: 46
Views: 4003

Re: Am I on the right track?

Hi guys, sorry I haven't replied to all posts. The car I was looking into was a 2009-2011 BMW M3 Coupe. I'm now thinking perhaps getting a 2012 BMW 328i Sedan for ~$35-$40k instead. I'm not a fan of the current F30 model 3-series. Frankly, I think its a little ugly. But to each his own. I'd rather ...
by Bacchus01
Fri May 31, 2013 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Am I on the right track?
Replies: 46
Views: 4003

Re: Am I on the right track?

I make about 4 X what you make. I drive a 12-year old BMW that has 110K miles on the odometer. No way would I buy a $50K depreciating asset if I were you. A very nice, sporty car can be had for less than $30K. Look for a low-mileage Porsche 911 (non-turbo) in the 2000-2004 range. You'll find them fo...
by Bacchus01
Fri May 31, 2013 1:50 pm
Forum: Investing - Theory, News & General
Topic: New "Flagship Select" level at Vanguard
Replies: 47
Views: 15286

Re: New "Flagship Select" level at Vanguard

Since I hope to be there by the end of this decade, that's good news. Access to institutional class shares alone is great.

What I would prefer they do is create a class of shares between the current Admiral and Institutional. Something around $500K invested to get better fees.
by Bacchus01
Wed May 29, 2013 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Taxable investing: investments every two weeks? quarterly?
Replies: 23
Views: 2561

Re: Taxable investing: investments every two weeks? quarterl

For taxable accounts, the less transactions the better for record keeping, i.e, dividend payments, buys and etc. It makes for easier lot identification in the future. See wiki: http://www.bogleheads.org/wiki/Whether_to_Reinvest_Dividends_in_a_Taxable_Account Whenever we have enough extra cash to ma...
by Bacchus01
Wed May 29, 2013 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Taxable investing: investments every two weeks? quarterly?
Replies: 23
Views: 2561

Re: Taxable investing: investments every two weeks? quarterl

I rebalance on the first of each month. New after-tax funds are converted (from cash) then. Once a month for me. You rebalance every month? I've heard of rebalancing every 6 or 12 months but not monthly. How does that work? You add funds monthly to bring your AA to your desired allocation? Yes, tha...
by Bacchus01
Tue May 28, 2013 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable investing: investments every two weeks? quarterly?
Replies: 23
Views: 2561

Re: Taxable investing: investments every two weeks? quarterl

I rebalance on the first of each month. New after-tax funds are converted (from cash) then.

Once a month for me.
by Bacchus01
Tue May 28, 2013 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice - Undoing Tilts
Replies: 15
Views: 1803

Re: Portfolio Advice - Undoing Tilts

However, I would not make any after-tax contributions to such a poor plan, which I think would mean contributing no more than 10%. I currently make around $105-$110k - wouldn't all of my 15% contribution be pre-tax? Just to close the loop on this--the 10% limitation on pre-tax contributions appears...
by Bacchus01
Tue May 28, 2013 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Why Invest in bonds at all?
Replies: 21
Views: 3536

Re: Why Invest in bonds at all?

I'm not moving out of bonds, but I'm not putting new contributions in either.
by Bacchus01
Thu May 23, 2013 8:33 am
Forum: Personal Consumer Issues
Topic: sunglasses
Replies: 109
Views: 21404

Re:

polarized oakleys....can never go back to anything else. I have 2 pair of $200 Oakleys (which I paid about $80 each for at 6pm.com). I also have a $300 pair of Maui Jims that all leaders at our business were given at a recent meeting. The maui jims are very stylish and very light weight. Fantastic ...
by Bacchus01
Thu May 23, 2013 8:30 am
Forum: Personal Finance (Not Investing)
Topic: How much home? Home Value - net worth ratio
Replies: 19
Views: 4129

Re: How much home? Home Value - net worth ratio

I would never consider an ARM, especially one that is interest only. Get a fixed rate mortgage for the shortest number of years that you can comfortably afford. The offer from your bank sounds a lot like the mortgages that got us in trouble in 2008. I have had both an ARM and an interest-only in th...
by Bacchus01
Thu May 23, 2013 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Bogle on Soc Sec/Fixed Income and Asset Allocation
Replies: 28
Views: 2677

Re: Bogle on Soc Sec/Fixed Income and Asset Allocation

I include my pension, but not SS at this time.

I will probably change that in the future.
by Bacchus01
Thu May 23, 2013 8:22 am
Forum: Investing - Theory, News & General
Topic: I'm Bullish on Bonds
Replies: 83
Views: 9529

Re: I'm Bullish on Bonds

Why would I buy bond funds when rates are at historic lows and I stand to lose principle the minute rates begin to increase? Makes absolutely no sense to me. When rates start climbing again it will be time to add a short duration fund but right now, no way. If I already had a bond fund perhaps I wo...
by Bacchus01
Thu May 23, 2013 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell Taxable TSM to pay off 15 year Mortgage?
Replies: 22
Views: 2662

Re: Should I sell Taxable TSM to pay off 15 year Mortgage?

Investing is boring wrote:If you use Bond's to pay off the mortgage, you are trading a ~1.7% PRE TAX return on TBM for a ~2.75% PRE TAX return on a refinance.
He's not. OP clearly stated he was using TSM.
by Bacchus01
Wed May 22, 2013 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell Taxable TSM to pay off 15 year Mortgage?
Replies: 22
Views: 2662

Re: Should I sell Taxable TSM to pay off 15 year Mortgage?

I would refinance. In a modest, conservative investment allocation you should be able to beat 2.625% CAGR over the next 10 years. I might suggest you even take a bit more risk by taking out a 5/1 or 7/1 ARM. Invest the additional savings. If, after 5 years, the rate resets and you don't like the new...
by Bacchus01
Wed May 22, 2013 1:24 pm
Forum: Investing - Theory, News & General
Topic: I'm Bullish on Bonds
Replies: 83
Views: 9529

Re: I'm Bullish on Bonds

I'm not moving OUT of bonds, but I'm not exactly plowing more in either.

However, since I will have to do some rebalancing soon. I do most of that through new contributions. Instead of bonds, I'm tending to put new contributions in either Cash or CDs for now.
by Bacchus01
Sat May 18, 2013 5:52 pm
Forum: Personal Consumer Issues
Topic: can i buy my sportscar?
Replies: 129
Views: 12620

Re: can i buy my sportscar?

The sweet spot on Porsche's right now appears to be 2000-2004 turbos with sub 30K miles. Amazing performance, modern looks, but under $40-$45K.

That's what I'd get. In fact, maybe I will. I do turn 40 this year.
by Bacchus01
Fri May 17, 2013 10:34 am
Forum: Personal Finance (Not Investing)
Topic: College costs, anyone else spit coffee on their monitor?
Replies: 151
Views: 13214

Re: College costs, anyone else spit coffee on their monitor?

Alas, the real cause of the rise in college tuition is simple to understand; between the 1970's and today, the number of students attending college has increased by a factor of 3! That means 3 times as many classrooms, 3 times as many professors, 5 times as many parking spaces, etc. If you factor i...
by Bacchus01
Sun May 12, 2013 10:41 am
Forum: Personal Finance (Not Investing)
Topic: My soon-to-be worst investment ever
Replies: 56
Views: 18785

Re: My soon-to-be worst investment ever

We're under 11% of net.
by Bacchus01
Mon May 06, 2013 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell my 2 rental properties?
Replies: 20
Views: 2922

Re: Should I sell my 2 rental properties?

This is a mathematical problem. I'll use some close numbers but you'd have to do your own math. You have what appears to be $80K in equity tied to these properties. After realtor/closing costs, you'll have ~$62K left. On that $62K, you are currently returning just $176 in positive cash/flow per mont...
by Bacchus01
Thu May 02, 2013 10:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard: Six questions (and answers) about bonds
Replies: 36
Views: 5578

Re: Vanguard: Six questions (and answers) about bonds

I know a lot of people argue not to change your allocation OUT of bonds, but what about where to put new money INTO your AA? If I've got $1 of new money to put in, is anyone NOT putting it in bonds? Thoughts?
by Bacchus01
Wed May 01, 2013 9:57 pm
Forum: Personal Consumer Issues
Topic: Best place to buy a treadmill
Replies: 31
Views: 6374

Re: Best place to buy a treadmill

Hi Folks, I never purchased any exercise equipment before - usually worked out at the gym - that is no longer possible because we just had a baby. So looking to buy a treadmill at home. Does anyone have suggestions on : 1. What price range i should be looking at to get a decent machine that does no...
by Bacchus01
Wed May 01, 2013 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of contributing after tax $ to a 401K
Replies: 110
Views: 18256

Re: Advantages of contributing after tax $ to a 401K

airahcaz wrote:
Bacchus01 wrote:I don't have an option to put the money in cash, so I'll put it in a fund and pay taxes on any gains.
Money market fund?
Nope, not one of those either. Stable Value Fund is probably where it will go.
by Bacchus01
Wed May 01, 2013 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: Contemplating buying rental property - what to consider?
Replies: 38
Views: 2919

Re: Contemplating buying rental property - what to consider?

Use the rule of 50. 50 times your monthly rent is a "good" investment. This is not a good investment even at 100 times your monthly rent. There are better ways to get single-digit returns with less risk. Maybe that works where you are but that rule doesn't work in my area. 50x monthly rent wouldn't...
by Bacchus01
Wed May 01, 2013 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: How should I allocate and invest $450,000?
Replies: 22
Views: 4144

Re: How should I allocate and invest $450,000?

a) get a job
b) don't get married until you can support yourself
c) leave the money alone and make your own
by Bacchus01
Tue Apr 30, 2013 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Contemplating buying rental property - what to consider?
Replies: 38
Views: 2919

Re: Contemplating buying rental property - what to consider?

When I was a college kid I drank a little. OP, if I were your father I would tell you "don't do it". On the other hand, if I sensed you were the adventurous type, I would think to myself "let her do it. Let her lose some money and get it out of her system". You sound like you don't have much and yo...
by Bacchus01
Tue Apr 30, 2013 10:41 pm
Forum: Investing - Help with Personal Investments
Topic: Contemplating buying rental property - what to consider?
Replies: 38
Views: 2919

Re: Contemplating buying rental property - what to consider?

Use the rule of 50.

50 times your monthly rent is a "good" investment.

This is not a good investment even at 100 times your monthly rent.

There are better ways to get single-digit returns with less risk.
by Bacchus01
Mon Apr 29, 2013 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is Quicken Worth it?
Replies: 58
Views: 13309

Re: Is Quicken Worth it?

I use it because I don't see another viable option.

In my opinion, MS Money was far superior in so many ways - especially the user interface.

But, Quicken works okay.
by Bacchus01
Mon Apr 29, 2013 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of contributing after tax $ to a 401K
Replies: 110
Views: 18256

Re: Advantages of contributing after tax $ to a 401K

I don't have an option to put the money in cash, so I'll put it in a fund and pay taxes on any gains.
by Bacchus01
Mon Apr 29, 2013 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Advantages of contributing after tax $ to a 401K
Replies: 110
Views: 18256

Re: Advantages of contributing after tax $ to a 401K

Thanks. I usually hit the pre-tax max around September. That gives me 3+ months to then do the after-tax and hit about $16K over those 3 months. Actually, I could do this over about 2 months and avoid too much in the way of gain/loss fluctuation. I don't want the hassle of doing it every payroll and...