Search found 141 matches

by stilts1007
Wed Apr 17, 2013 11:31 pm
Forum: Personal Consumer Issues
Topic: Poll: How many $100 dinners out per year?
Replies: 152
Views: 12982

Re: Poll: How many $100 dinners out per year?

And if French Laundry will just take my reservation one of these days, then I can join the >$100 dinner club. If you (or any others on this thread) want to know the secret to getting reservations there send me a message and I can explain the trick to you, worked the first time I tried it. DEFINITEL...
by stilts1007
Wed Apr 17, 2013 10:34 am
Forum: Personal Consumer Issues
Topic: Poll: How many $100 dinners out per year?
Replies: 152
Views: 12982

Re: Poll: How many $100 dinners out per year?

Eating out is the one thing that the wife & I splurge on pretty regularly (although we try to limit ourselves to 1 per month). We take a lot of heat from our friends about it. But we also don't have cable, both drive 12-year-old cars that we bought used, go on vacation maybe once a year, and general...
by stilts1007
Wed Apr 17, 2013 10:25 am
Forum: Investing - Theory, News & General
Topic: [Poll] How do you fit in this glidepath?
Replies: 51
Views: 4983

Re: [Poll] How do you fit in this glidepath?

90% stocks at age 45 seems high to me even as an investor with a very long-term time horizon; I am surprised the line stays that high for that long. Maybe it's just because I'm hoping to save like a madman for long enough that I will be starting to eye retirement around that age.
by stilts1007
Tue Apr 09, 2013 10:33 pm
Forum: Investing - Theory, News & General
Topic: Why invest in stocks at all?
Replies: 24
Views: 2838

Re: Why invest in stocks at all?

There has never been a 30-year period in the US in which the stock market has lost money. Theoretically, this could happen. But, it is extremely unlikely. The philosophy of long-term investing is just that, that over the long term (i.e. decades) your money will grow. Not based just on what happened ...
by stilts1007
Tue Apr 09, 2013 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Check for abandoned property -- worked twice for me
Replies: 58
Views: 9427

Re: Check for abandoned property -- worked twice for me

I found an old paycheck on there for me. Only a couple hundred dollars, but I'll take it. Of course, from that point I spent the next several hours on the Illinois website, looking up everyone I could think of. Found 2 friends with unclaimed property too. Love being the bearer of good news! https://...
by stilts1007
Tue Apr 02, 2013 11:57 pm
Forum: Investing - Theory, News & General
Topic: What is needed when calculating EF?
Replies: 8
Views: 906

Re: What is needed when calculating EF?

A lot of credit cards will give you year-end statements with stuff broken down into categories, which makes it easy to figure out how much you spent on essentials, and how much on stuff like vacations and nights out. Since we charge pretty much everything, my wife and I looked at the last 12 months ...
by stilts1007
Sun Mar 31, 2013 6:13 pm
Forum: Personal Investments
Topic: AA question for 30 y/o
Replies: 15
Views: 2307

Re: AA question for 30 y/o

First , you should be indifferent to interest-rates changes if you are willing to hold your bonds equal to their duration. If wiser posters are correct, this means that if interest rates drop, you will be worse off until you reach the duration, but better off after you exceed the duration (because ...
by stilts1007
Sun Mar 31, 2013 5:56 pm
Forum: Personal Investments
Topic: Employee stock option options
Replies: 19
Views: 3718

Re: Employee stock option options

Funny you should mention Lucent. My dad works for Lucent and he probably could have retired 5 or 6 years ago if he had exercised/sold his options at the right time, so I guess maybe that is somewhat playing in the back of my mind.
by stilts1007
Sun Mar 31, 2013 5:54 pm
Forum: Personal Investments
Topic: Employee stock option options
Replies: 19
Views: 3718

Re: Employee stock option options

Thanks for the input all. I did think about (after executing my first batch of shares, of course) the potential tax implications. My wife and I are close to the phase-out period for a Roth IRA so at the very least, an extra $1200 of ordinary income could put us into the phase-out. I don't see either...
by stilts1007
Sun Mar 31, 2013 12:21 pm
Forum: Personal Investments
Topic: Employee stock option options
Replies: 19
Views: 3718

Re: Employee stock option options

I am new to this stock option thing so if I am missing something, let me know.
by stilts1007
Sun Mar 31, 2013 12:20 pm
Forum: Personal Investments
Topic: Employee stock option options
Replies: 19
Views: 3718

Re: Employee stock option options

Isn't that kind of the same as holding the stock, i.e. betting that the stock in question will do better than the market as a whole? If I take the money now and invest it in, say, Total Stock Market, any gains I make in the next 7 years would eventually be taxed as capital gains. If I wait the full ...
by stilts1007
Sun Mar 31, 2013 10:52 am
Forum: Personal Investments
Topic: Employee stock option options
Replies: 19
Views: 3718

Employee stock option options

I work for CVS/Caremark, and every few years they award nonqualified stock options. I have exercised one in the past, and I just took it as a same-day sale, pocketing about $1200 after taxes, which is taxed as regular taxable income. I just looked at it as a bonus paycheck. My question is, is there ...
by stilts1007
Sun Mar 31, 2013 10:19 am
Forum: Personal Investments
Topic: Choosing the "right" international allocation
Replies: 48
Views: 5434

Re: Choosing the "right" international allocation

I hold 46% of my equities in U.S equities, since the U.S stock market represent 46% of the global market. Wouldn't you expect this percentage to change over time? Surely that number has gone down in the last few decades (i.e., US market share has declined). Just playing devil's advocate, but if nex...
by stilts1007
Sun Mar 31, 2013 10:13 am
Forum: Personal Investments
Topic: Young Investor Seeking Guidance
Replies: 7
Views: 1054

Re: Young Investor Seeking Guidance

Do you have student loans, or will you have them in the near future? Not sure what the going rate for student loans is these days, but it has got to be substantially more than what any money market funds will offer. Something to consider for future planning..
by stilts1007
Tue Mar 26, 2013 12:48 am
Forum: Personal Investments
Topic: Market Timing
Replies: 11
Views: 1505

Re: Market Timing

On a related note, I just finished reading " The Four Pillars of Investing, " there are a couple sections that are pretty heavy on math and theory that you kinda have to take a sentence at a time, but overall was a good read if you are up for that. If you are new-ish to reading investing books, I wo...
by stilts1007
Tue Mar 26, 2013 12:28 am
Forum: Personal Investments
Topic: Market Timing
Replies: 11
Views: 1505

Re: Market Timing

If you like the allocate-it-yourself strategy, in a few years you should have enough money in your retirement accounts to be able to do a 3- or 4- fund portfolio using less expensive Admiral shares with Vanguard. Until then, the Target Retirement fund is probably your best bet. In tax-advantaged acc...
by stilts1007
Tue Mar 26, 2013 12:21 am
Forum: Personal Investments
Topic: Should I pay the surrender charge?
Replies: 4
Views: 1034

Re: Should I pay the surrender charge?

We were recently in a similar situation, my wife got talked into buying some very high expense-ratio mutual funds (nearly 2%) by a Chase broker a few years ago. B shares have surrender fees that go down by 1% every year over the course of 6 years, but once the surrender fee got down to 1% it made mo...
by stilts1007
Sat Mar 16, 2013 12:06 am
Forum: Personal Consumer Issues
Topic: Plan D drugs
Replies: 6
Views: 721

Re: Plan D drugs

You should choose Medicare PART D plan based on the following criterion: Plan that is the lowest TOTAL annual cost that covers all your drugs (with no usage restrictions: Step Therapy, Prior Authorization and Quantity limit) . Speaking as a pharmacist, this an important distinction that I know gets...
by stilts1007
Sat Mar 09, 2013 1:12 am
Forum: Investing - Theory, News & General
Topic: What's your number? Why?
Replies: 258
Views: 34114

Re: What's your number? Why?

It has been great to read everyone's responses on here and see the various ways people calculate the "number" (or not). After reading through, it makes me feel OK at age 29 to not really have one. Especially with the uncertainty of expenses that children throw into the mix if we decide have them. It...
by stilts1007
Thu Mar 07, 2013 1:12 am
Forum: Investing - Theory, News & General
Topic: I hit my number today.
Replies: 74
Views: 9381

Re: I hit my number today.

As a couple of posters above have mentioned, does anyone have a recommendation of a good source (book, online, or otherwise) for actually calculating "THE number," and how to get there in terms of annual savings and current investments? Obviously a lot can change between now and then (especially for...
by stilts1007
Sun Mar 03, 2013 10:43 pm
Forum: Personal Investments
Topic: Advice on Moving Money from Chase into Index Fund?
Replies: 19
Views: 5957

Re: Advice on Moving Money from Chase into Index Fund?

4.5% front end load and a 1.5% expense ratio. I would say that this "adviser" did not have your best interest in mind! Get your investment money out of there ASAP! Transfer everything to Vanguard or Fidelity and research your investments before committing! We just closed out some Chase mutual funds...
by stilts1007
Thu Feb 21, 2013 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Where were you financially in your late twenties?
Replies: 191
Views: 18067

Re: Where were you financially in your late twenties?

I am the same age as the OP and was fortunate enough to make it through accelerated undergrad & pharmacy school in 6 years. Now the wife & I are getting serious about the accumulation phase (we enjoy a very expensive dinner out a few times a year but other than that live very frugally). Having seen ...
by stilts1007
Wed Feb 20, 2013 11:49 am
Forum: Personal Investments
Topic: why so much down VG tip should i sell now
Replies: 12
Views: 1914

Re: why so much down VG tip should i sell now

livesoft wrote:Unfortunately, I cannot get a chart for 2 years into the future.
When you find that chart can you post it for us on the forum? Thanks!
by stilts1007
Fri Feb 15, 2013 12:22 am
Forum: Personal Investments
Topic: Advice on Paying Off Student Loans ASAP
Replies: 20
Views: 2191

Re: Advice on Paying Off Student Loans ASAP

My advice would be to stick with living at home as long as you can, especially if you are thinking about buying a place in the next few years and saving up for a down payment. Living with your parents can be a drag (at least sometimes), especially when your friends have their own places. But once yo...
by stilts1007
Sun Feb 10, 2013 10:48 pm
Forum: Personal Investments
Topic: Income Limit on Roth IRA Contribution
Replies: 10
Views: 5077

Re: Income Limit on Roth IRA Contribution

My wife and I are close to the limit or at least the phase-out period too (depending on a couple random tax things we are still waiting on) and my tax guy basically said just to wait until everything is figured because it is way easier to but it in later than to put it in earlier and have to try to ...
by stilts1007
Fri Feb 08, 2013 12:13 am
Forum: Personal Investments
Topic: Bond Fund Placement: Tax Efficiency vs. Lower ER's
Replies: 4
Views: 672

Re: Bond Fund Placement: Tax Efficiency vs. Lower ER's

Thanks for the thoughts! My 401(k) has Vanguard index funds available for most asset classes, so as of now I have 2 similar-looking portfolios in terms of allocation, 1 in a taxable account and 1 in my 401(k). It sounds like in today's market, moving bonds into 401(k) isn't super imperative, but ass...
by stilts1007
Thu Feb 07, 2013 4:24 pm
Forum: Personal Investments
Topic: Breaking the "slice and dice" habit
Replies: 40
Views: 5290

Re: Breaking the "slice and dice" habit

I found the "Principles of Tax-Efficent Fund Placement" Wiki helpful:
http://www.bogleheads.org/wiki/Principl ... _Placement
by stilts1007
Thu Feb 07, 2013 1:11 am
Forum: Personal Investments
Topic: Bond Fund Placement: Tax Efficiency vs. Lower ER's
Replies: 4
Views: 672

Bond Fund Placement: Tax Efficiency vs. Lower ER's

Am I correct in assuming that the tax advantages of holding bonds in tax-advantaged accounts would typically outweigh the drawback of a higher expense ratio? The only bond fund that my 401(k) offers is PIMCO Total Return Instl Index (PTTRX, ER 0.46%). I have room to move all of my bond allocation th...
by stilts1007
Tue Feb 05, 2013 6:42 pm
Forum: Investing - Theory, News & General
Topic: Anybody purposely loading up on mortgage debt?
Replies: 107
Views: 12632

Re: Anybody purposely loading up on mortgage debt?

We recently refinanced to a new 30-year mortgage to take advantage of lower interest rate (went down from 5.5% to 3.25%) and get rid of our PMI. So, didn't "load up" but restarted the 30-year clock with a much lower payment, with the intent of using the savings to invest more.
by stilts1007
Fri Feb 01, 2013 11:59 pm
Forum: Personal Investments
Topic: Portfolio Review
Replies: 11
Views: 2016

Re: Portfolio Review

The PIMCO bond funds seem expensive but according to the wiki, bond funds should go there first and the Roth accounts as an alternative. i can re-balance in my 401K... PIMCO Total Return Fund Institutional Class PTTRX (0.92%) If this changes your thinking at all, PTTRX has an ER of 0.46% according ...
by stilts1007
Fri Feb 01, 2013 11:51 pm
Forum: Personal Investments
Topic: Thinking of switching from VG 2040 to this AA, Good idea?
Replies: 14
Views: 1777

Re: Thinking of switching from VG 2040 to this AA, Good idea

Have been wrestling with the idea of more complex vs simpler portfolio too for a while. Lots of books seem to tout the slice-and-dice approach and weighting small-cap and value stocks a little heavier. There is a lot of pretty in-depth (read: above my head) info on threads here about the debate of "...
by stilts1007
Fri Feb 01, 2013 11:27 pm
Forum: Personal Investments
Topic: Invest or Pay Down Mortgage to Refinance?
Replies: 6
Views: 1403

Re: Invest or Pay Down Mortgage to Refinance?

Either way I would encourage you to do SOMETHING with that giant chunk of cash. Probably not getting a great rate of return sitting in a savings account. I am accepting donations for my beer fund if you REALLY don't know what to do with it..
by stilts1007
Fri Feb 01, 2013 11:25 pm
Forum: Personal Investments
Topic: Invest or Pay Down Mortgage to Refinance?
Replies: 6
Views: 1403

Re: Invest or Pay Down Mortgage to Refinance?

Was just in a similar situation (put a big chunk of money toward mortgage or invest it). Read thoughts & analysis from several sources. Ric Edelman is all about carrying the biggest, longest mortgage you can because you can invest and make a higher percentage in the market (probably) than you pay in...
by stilts1007
Fri Feb 01, 2013 8:04 pm
Forum: Personal Investments
Topic: Two Comma Club
Replies: 199
Views: 37233

Re: Two Comma Club

I recently just joined a different club (the positive net worth club) after aggressively paying down my student loans for 3 1/2 years, and am always inspired by stories of people who are at a different stage than I am. It helps me "stay the course"! Am a couple years ahead of you..it isn't always f...
by stilts1007
Fri Feb 01, 2013 7:42 pm
Forum: Investing - Theory, News & General
Topic: Total Stock vs Midcap vs Smallcap
Replies: 14
Views: 3388

Re: Total Stock vs Midcap vs Smallcap

I prefer to have my assets broken up a little bit by class. Depending on who you listen to, there is some evidence that small-cap stocks may outperform overall market in the long run, so if you are planning on being invested long-term, it may give you a modest benefit. If you just want to set 1 allo...
by stilts1007
Wed Jan 30, 2013 4:27 pm
Forum: Personal Consumer Issues
Topic: Recommended Adventure PC Video Games?
Replies: 37
Views: 3959

Re: Recommended Adventure PC Video Games?

I am more of a console gamer, but if you are looking for "thinking person" adventure games, the Portal games and Braid are must-try games. Definitely both made me think in ways that I have never had to think before, in or outside of a video game. Neither are huge time or money commitments, and your ...
by stilts1007
Wed Jan 30, 2013 4:18 pm
Forum: Personal Consumer Issues
Topic: What kind of car are you driving?
Replies: 368
Views: 41037

Re: What kind of car are you driving?

Just read somewhere that more millionaires drive Camrys than any other car. So to all you fellow boglehead Camry owners out there, things are looking up..
by stilts1007
Wed Jan 30, 2013 4:10 pm
Forum: Personal Consumer Issues
Topic: Visiting California for the first time...need advice!
Replies: 65
Views: 8206

Re: Visiting California for the first time...need advice!

Driving highway 1 south from San Francisco is a very scenic drive. If you can make it down to Big Sur the drive is beautiful. An earlier poster mentioned the restaurant Nepenthe down near Big Sur, food is just OK but the terrace has an amazing view overlooking the ocean. If you are heading north, we...
by stilts1007
Fri Jan 25, 2013 7:35 pm
Forum: Investing - Theory, News & General
Topic: How to pronounce "REIT?"
Replies: 22
Views: 11361

Re: How to pronounce "REIT?"

No cable for me either, I spent my cable find paying taxes on my REET/RIGHT/R-E-I-T fund. I overanalyze investing enough as it is without adding Jim Cramer's thoughts into the mix.
by stilts1007
Fri Jan 25, 2013 1:44 pm
Forum: Investing - Theory, News & General
Topic: How to pronounce "REIT?"
Replies: 22
Views: 11361

Re: How to pronounce "REIT?"

Asked and answered- thanks
by stilts1007
Fri Jan 25, 2013 12:51 pm
Forum: Investing - Theory, News & General
Topic: How to pronounce "REIT?"
Replies: 22
Views: 11361

How to pronounce "REIT?"

Long-time reader, first-time poster, with a silly question As most of my finance research has come from either online or books, just curious how one would say "REIT" in conversation. Would I say each letter individually, i.e. R-E-I-T? Reet? Rite? Should be an easy answer for someone who interacts wi...