Search found 965 matches

by MoonOrb
Sat Jul 15, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 5456

Re: Best way to build wealth

KlangFool
Because the goal is overall portfolio tax efficiency not necessarily prioritizing zero taxes today.
by MoonOrb
Sat Jul 15, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 5456

Re: Best way to build wealth

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank ...
by MoonOrb
Sat Jul 15, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 5456

Re: Best way to build wealth

It's good to ask these questions but you will do yourself a lifelong favor by going through the effort of learning the fundamental principles you need to answer these questions yourself. Check out the wiki page to under "getting started" and go from there. Also there's not enough info here to really...
by MoonOrb
Sat Jul 15, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

Price per square foot is not a helpful metric for you when you're buying many more square feet than you need.
by MoonOrb
Fri Jul 14, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Does pension change allocation of funds?
Replies: 30
Views: 2890

Re: Does pension change allocation of funds?

I believe that pension, SS, etc are income streams that reduce the need for income in the future. Therefore the amount of income you will need to pull from your nest egg will be less. Your need to take risk is no different with or without the pension and therefore may not affect asset allocation. +...
by MoonOrb
Fri Jul 14, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 15600

Re: Do you count vehicle equity in net worth?

I'm kinda surprised that so many nominal Bogleheads don't seem to understand what Net Worth is, vis a vis Investible Assets. I thought that on average we had good financial literacy here. Oh well... Why worry about it? It's not really significant within the context of questions like these to have O...
by MoonOrb
Fri Jul 14, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 12081

Re: What advice to give 21 year old?

It won't matter much either way to a person his age. I'd tell him to stick it all in a target date fund and worry about it later when he's ready.
by MoonOrb
Thu Jul 13, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 15600

Re: Do you count vehicle equity in net worth?

I don't include cars in net worth calculation. I do calculate net worth using: cash, investment accounts, estimated home equity. Net worth is just one data point I use in gauging financial health/progress. I'd never argue with anyone about what to include/not include in net worth because it's a numb...
by MoonOrb
Wed Jul 12, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 22076

Re: Costco with a "gentle" bump for membership

It's going to be an awful long time before a $5 increase twice a decade or so is going to outpace the amount we save at Costco every year.
by MoonOrb
Wed Jul 12, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 6649

Re: Where to put 65k cash

What if you were to accomplish that diversification by buying a fund like Total Stock Market? Sounds like a solid plan to me.
by MoonOrb
Tue Jul 11, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 6649

Re: Where to put 65k cash

Plenty of good individual stocks to put that in and reinvest the dividends without worrying about which fund or why. Funds are so high right now, you'd be getting in and possibly staying at a plateau for a while. I'd look at some individual companies that are competing against others and have grown...
by MoonOrb
Mon Jul 10, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 6649

Re: Where to put 65k cash

OP, read the getting started section on the wiki if you haven't already; after that take a while to read one or two of the recommended books on planning for retirement. It's great that people here are so willing to jump in with suggestions for you but you are in a position where learning some basic ...
by MoonOrb
Sun Jul 09, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Saving or being stingy?
Replies: 21
Views: 3177

Re: Saving or being stingy?

You gotta let her live her own life, man.
by MoonOrb
Sun Jul 09, 2017 9:29 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4063
Views: 1103379

Re: What Movie Have You Recently Watched?

Re-watched Hero (2002) and really enjoyed it. Almost poetic in some ways. Entertaining, terrifically choreographed martial art sequences, dreamlike settings, interesting mystery aspect to it. Also saw the original Don Siegel version of The Beguiled which had some strong elements but was CREEPY. Not ...
by MoonOrb
Sun Jul 09, 2017 3:12 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

Some people with similar incomes bought before you did and paid less. Some people have higher incomes and can afford bigger houses. Some people are willing to have roommates and use that as additional income. Some people have bigger families and are in a risky financial position by purchasing houses...
by MoonOrb
Sun Jul 09, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Saving or being stingy?
Replies: 21
Views: 3177

Re: Saving or being stingy?

Different strokes for different folks. I think about money in terms of trying to align spending/investing with my values: I'm happiest when I'm spending on consumption when that spending is on things I place a higher value on; I'm less happy when I'm spending it on stuff that I don't really value th...
by MoonOrb
Sun Jul 09, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: New Information, New Viewpoint on Investing?
Replies: 28
Views: 3145

Re: New Information, New Viewpoint on Investing?

For me, the hardest part of your question is the "strongly held" part. I would say I came to the forum with strongly held beliefs that were broad: -over time, I expect the market to increase in value -I should buy and hold for the long term -I should diversify among my holdings -I should have an ass...
by MoonOrb
Sun Jul 09, 2017 12:05 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4063
Views: 1103379

Re: What Movie Have You Recently Watched?

Caught up on some things I hadn't gotten around to watching: The Hateful Eight : compelling, hard to watch, and interesting commentary on misogyny and racism. Uneven performances from the cast, but some were excellent. Tarantino always has something interesting to say, in my opinion. Made an interes...
by MoonOrb
Fri Jul 07, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4063
Views: 1103379

Re: What Movie Have You Recently Watched?

Just finished Paterson on Amazon, which I really liked. It is an interesting pairing with Inside Llewyn Davis, which I'm also watching right now. Both are meditations, in their own way, on the relationship between art and happiness.
by MoonOrb
Fri Jul 07, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: For retirement at 55 what is a good multiplier?
Replies: 65
Views: 12565

Re: For retirement at 55 what is a good multiplier?

I'd use 30x as a rule of thumb. The picture will get clearer as you get closer. 25x would seem to be the lower bound of what would seem comfortably secure for an early retirement. Above 35x would start to seem like overkill.
by MoonOrb
Wed Jul 05, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: When Did You Start Investing Your Own Money?
Replies: 47
Views: 4488

Re: When Did You Start Investing Your Own Money?

I put some of my summer job savings into a CD around age 16 or so but didn't think to consider this "investing." I was just saving the money for short term use.

Investing started at age 22 in a Roth IRA when I got a high paying summer internship.
by MoonOrb
Tue Jul 04, 2017 6:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4063
Views: 1103379

Re: What Movie Have You Recently Watched?

Watched Loving on HBO. Jeff Nichols does so much with so few words. I'm a sucker for everything he makes. Well-acted, intimate story about a relationship that also happened to be a Civil Rights milestone. It's the first movie I can recall seeing Ruth Negga in (played Mildred Loving) and she was awes...
by MoonOrb
Tue Jul 04, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 20693

Re: Bogleheads: you should be buying 10-year old cars

How are you guys racking up so many miles per year? Our "high mileage" car has 28,000 miles and it's 4 years old. Our "low mileage" car has 18,000 miles and it's 5 years old. This is with daily commuting to work in both cars. These days our mileage is more like yours but in past years mileage accum...
by MoonOrb
Mon Jul 03, 2017 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy this house?
Replies: 50
Views: 6087

Re: Should I buy this house?

Yeah you can buy this house, but like everyone else I have doubts about you being able to sustain your lifestyle.

I'd take out a 30 year loan instead of a 15 year loan to lower the monthly payments and take some pressure off of myself.
by MoonOrb
Mon Jul 03, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Which financial option -- A or B?
Replies: 26
Views: 1949

Re: Which financial option -- A or B?

The question can be answered at face value without digging into all kinds of biases about perceived financial risks of homeownership.
by MoonOrb
Mon Jul 03, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Which financial option -- A or B?
Replies: 26
Views: 1949

Re: Which financial option -- A or B?

Choose option A since you're able to build your cash back up so quickly.

Is there an option C for you where you can contribute less to your 401k for a few months to accelerate the replenishing of your e-fund but then cram for enough at the end of the year to make sure it's maxed out?
by MoonOrb
Mon Jul 03, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Need help progressing in life after a massive setback
Replies: 35
Views: 7500

Re: Need help progressing in life after a massive setback

I'm currently listening to the audio version of "Designing Your Life" by Bill Burnett and Dave Evans, who come out of the Stanford Design Program and help people answer exactly this type of question. Your situation reads like a case study from that book. I would recommend it. You will not have an em...
by MoonOrb
Sun Jul 02, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4063
Views: 1103379

Re: What Movie Have You Recently Watched?

Saw Baby Driver yesterday. Enjoyed it. I've liked Edgar Wright's Cornetto trilogy (Shaun of the Dead, Hot Fuzz, and The World's End), and I liked this one, too. It's fun and fast-paced and light and the action sequences are well-done. Jamie Foxx and Jon Hamm are great as the supporting cast. It also...
by MoonOrb
Sun Jul 02, 2017 8:22 am
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 20693

Re: Bogleheads: you should be buying 10-year old cars

I'm all for finding new and interesting ways to save money, but presenting this as something I "should" do strikes the wrong note entirely.
by MoonOrb
Sat Jul 01, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

It's really uncharitable to interpret this as a troll. People come to this forum in all sorts of places in their respective financial maturities. As I see it, OP's major issue here is a belief that is not rational: that the most important consideration is avoiding future rent increases. Until this i...
by MoonOrb
Fri Jun 30, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

And I mean this as nicely as I can, but your fear of rising rents is unreasonable and is driving you to make a colossal error in judgment. If this exercise forces you to confront that fear and find more constructive ways to deal with it than "buy a house that will derail plans to be financially secu...
by MoonOrb
Fri Jun 30, 2017 10:10 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

On the positive side, if it goes up $100/mo for the next 15 years, you'll only then start to pay about the same for housing as you'd pay if you buy this enormous house you're contemplating.
by MoonOrb
Fri Jun 30, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

The more you pay for your house, the more your realtor makes. Your realtor should help you find a suitable house that matches your budget; your realtor should not be shaping what that budget is, really.*

*except in cases where your budget is unreasonable for what you're hoping to buy.
by MoonOrb
Fri Jun 30, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790327

Re: U.S. stocks in freefall

As long as it's a small part of your portfolio it's. not a big deal; the big thing is that for the vast majority of your holdings you've committed toward diversifying and low cost. It's obviously nice to optimize but for whatever reason not all of us are 100% optimized and that's ok.
by MoonOrb
Thu Jun 29, 2017 11:51 pm
Forum: Investing - Theory, News & General
Topic: Time in the market is more important, But seriously ?
Replies: 60
Views: 9480

Re: Time in the market is more important, But seriously ?

I wish we could just merge all of these posts into the ones titled "should i buy bonds when interest rates are due to rise?"

Of course then there would be nothing on the front page, but still.
by MoonOrb
Thu Jun 29, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

One of the principles that has led me to financial security and success has been living beneath my means. If you want to live beneath your means, don't buy a house twice as big as you need. Franklin is a really nice town and I understand why you'd want to live there. It's also likely you can live th...
by MoonOrb
Thu Jun 29, 2017 12:04 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 26717

Re: Buying house - Very important decision

This internet stranger says that's way too much house for your income and size of your family, especially when you can rent a place to live for way less.
by MoonOrb
Wed Jun 28, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: DCA to fund or to sweep and then invest on low days
Replies: 33
Views: 1918

Re: DCA to fund or to sweep and then invest on low days

If you at least commit to buying on a regular basis no matter what, then I guess you could do this, but my intuition is that it won't make much of a difference. The plan could look like investing quarterly no matter what happens, but investing earlier than that if you have money in your sweep accoun...
by MoonOrb
Tue Jun 27, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: (Almost) every day I make a financial mistake more costly than the day before
Replies: 57
Views: 8667

Re: (Almost) every day I make a financial mistake more costly than the day before

To handle the emotional aspect of this, DCA your way back in over the next two years. Also, whatever happens with the markets will probably surprise you in some way and not surprise you in some other way. Just keep reminding yourself that you are doing this for the long term and you are trying to ge...
by MoonOrb
Sat Jun 24, 2017 12:48 am
Forum: Personal Consumer Issues
Topic: Worthwhile TV programming?
Replies: 55
Views: 5758

Re: Worthwhile TV programming?

Amazon Prime has a lot of the HBO TV show catalog: The Wire, Deadwood, The Sopranos, Boardwalk Empire, Band of Brothers, The Pacific, Rome, Treme Other good stuff on Amazon Prime: Justified, The Americans, Mr. Robot, Downton Abbey, a number of Ken Burns documentaries, Orphan Black, The Expanse, The ...
by MoonOrb
Thu Jun 22, 2017 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Started late but Started - Need help planning for 401k/IRAs/Taxable Three-fund portfolio
Replies: 10
Views: 1827

Re: Late to start investing - Need help planning

I'd put money into a Roth IRA before a Roth 401k. I don't know what your fund options are, but I'm guessing your 401k fund choices might have higher expense ratios than what you could get from opening a Roth IRA directly with Vanguard or Fidelity.
by MoonOrb
Tue Jun 20, 2017 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking towards a million and retiring at 55.
Replies: 38
Views: 7239

Re: Tracking towards a million and retiring at 55.

It would be a lot easier to analyze this if your projected annual expenses in retirement were laid out in a more straightforward manner. Ballparking makes it look like you currently have about $75k/yr in expenses. Is the SS number your number at FRA (which assumes you work until FRA), the number at ...
by MoonOrb
Mon Jun 19, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy an $800k house?
Replies: 89
Views: 10017

Re: Should I buy an $800k house?

Before I'd make this decision I'd figure out how much it actually is to rent the type of place where you'd like to live. If (1) the rent you'd pay is comparable to your PITI and (2) you plan on staying in the house for many years, buying is pretty reasonable. If even one of those things isn't true, ...
by MoonOrb
Mon Jun 19, 2017 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Collecting Dividends, Waiting for Market Drop?
Replies: 25
Views: 2989

Re: Collecting Dividends, Waiting for Market Drop?

Sure, go for it. It's not going to make that much of a difference either way. If you have such a huge portfolio that your aggregate dividends are worth a lot of money then you probably don't really need whatever additional marginal value you'll get by investing them when there's a crash (if you some...
by MoonOrb
Mon Jun 19, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Olympic NP and Mt Rainier NP
Replies: 20
Views: 2657

Re: Olympic NP and Mt Rainier NP

I was at Mt Rainier a few weeks ago. Grove of the Patriarchs and the Box Canyon hike were both open. I'd do them both, they're pretty easy. Box Canyon especially. Paradise was buried under snow, although it's lovely when it's not (but tedious to park unless you get there early in the day). Drive pas...
by MoonOrb
Mon Jun 19, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Mid/Late 20's - Student Loan Paydown vs Saving for Retirement
Replies: 19
Views: 2384

Re: Mid/Late 20's - Student Loan Paydown vs Saving for Retirement

I'd defer the decision until you know whether you can refi the loans at a much better interest rate. My answer is a lot different if you're paying 4% on these loans instead of 6.8%. I agree with no further e-fund growth unless there are circumstances you haven't set out in your post. Tax advantaged ...
by MoonOrb
Mon Jun 19, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Do Bonds have a place if basic expenses are covered by income streams?
Replies: 69
Views: 6432

Re: Do Bonds have a place is basic expenses covered by income streams?

Maybe not bonds, but one reason to hold a fair amount in fixed income or even cash is that excess money in your portfolio has much more value to you early in your retirement when you are more prone to want to spend the excess than late in your retirement when you're less likely to do so. For instanc...
by MoonOrb
Sun Jun 18, 2017 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement checkup for 38 year old
Replies: 21
Views: 4165

Re: Early retirement checkup for 38 year old

A big question I have is about social security and what you'll be able to receive given you're retiring well short of FRA. I'm not super confident about this calculation, but I think if you'd assume 2.5% inflation, a $70k pension will be worth in the neighborhood of $38k or so after 24 years (the di...
by MoonOrb
Sat Jun 17, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Quick Thoughts on 403(b) Asset Allocation?
Replies: 13
Views: 1358

Re: Quick Thoughts on 403(b) Asset Allocation?

You get better responses when you format your post in the way recommended under "Asking Portfolio Questions." The additional context that information provides yields answers that are more specific and actionable.
by MoonOrb
Sat Jun 17, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 7883

Re: USAA opinions. Worth it?

I've had only good experiences with USAA, and whatever is deducted from my bill each year because of the Subscriber Savings Account is a bonus. Their auto rates and homeowners rates have always been very competitive (in some cases way better than competitors in some cases not as good) and the custom...