Search found 466 matches

by camillus
Sun Aug 12, 2018 4:09 am
Forum: Personal Consumer Issues
Topic: How often do you check your brokerage accounts
Replies: 77
Views: 5159

Re: How often do you check your brokerage accounts

CeeKay1729 wrote:
Sun Aug 12, 2018 3:30 am
I use personal capital. I check 3-5x a day. OCD...I know.
This is my story as well. Also - checking bogleheads.org and other financial blogs every day. This is not good for me.
by camillus
Sun Aug 12, 2018 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Private Banking is a trap. Don't do it!
Replies: 55
Views: 7223

Re: Private Banking is a trap. Don't do it!

But what I wasn't prepared for is the incessant sales pitches for the horrendous funds at the Private Bank. John Bogle is my hero, so it's easy to see that I find their funds laughable at best. Their funds are all, first of all, incredibly complicated. I'm talking 50 page PDFs with endless charts, ...
by camillus
Sun Aug 12, 2018 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Helping Parents with Retirement
Replies: 34
Views: 3934

Re: Helping Parents with Retirement

Just want to encourage you, OP. I may be in your shoes one day. Also, as was said above, moving the IRAs into low cost index funds will save more money on top of the management fee of the advisor. After the rollover, say you save an average of 0.6% in fees on the holdings, added to the 1.4% manageme...
by camillus
Sun Aug 12, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Mid 30s Crisis: Personal budget, savings and goals
Replies: 36
Views: 7263

Re: Mid 30s Crisis: Personal budget, savings and goals

WhatsIRR wrote:
Sat Aug 11, 2018 2:34 pm
I am open to all thoughts and suggestions
Are children in the picture for you and your wife?

Do you have any charities or meaningful causes to be a part of?
by camillus
Sat Aug 11, 2018 11:51 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yrs old, lost, and needing guidance
Replies: 29
Views: 2749

Re: 32yo lost and needing guidance

A boglehead doctor started a website for your exact demographic: https://www.whitecoatinvestor.com/

There you will probably find that each of your questions is answered in remarkable detail. Enjoy!
by camillus
Sat Aug 11, 2018 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off last student loan?
Replies: 8
Views: 759

Re: Should I pay off last student loan?

Thank you for your responses! It’s funny, I had been thinking about it a lot but it wasnt until I typed out the question that it became clear what to do. I am paying it off this weekend and happy about the decision! Congrats! I was about to troll you with the following: Wait - do not pay off your l...
by camillus
Sat Aug 11, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement AA and fund recommendations- newbie
Replies: 9
Views: 565

Re: Help with retirement AA and fund recommendations- newbie

You need to compare apples to apples. Note that camillus's suggestion is 50/50 stocks/bonds, while your current portfolio is roughly 64/36. I'm guessing this might explain the difference in return. Last year, stocks did very well - and so a 60/40 portfolio would have done much better than a 50/50 p...
by camillus
Sat Aug 11, 2018 4:56 am
Forum: Investing - Help with Personal Investments
Topic: Savings for young children
Replies: 2
Views: 471

Re: Savings for young children

Hi JAM1, The typical answer to your question is counter intuitive: invest in your own retirement accounts. During retirement, the more secure you are and the more cash flow you have, the more support your children might receive. Conversely, if you don't save enough for your own retirement, you child...
by camillus
Sat Aug 11, 2018 4:43 am
Forum: Investing - Help with Personal Investments
Topic: Preparing for a bear market
Replies: 43
Views: 5247

Re: Preparing for a bear market

Some other meaningful alternatives to stocks & bonds are real estate and perhaps an annuity. Some might point out that you are trying to time the market, others might applaud you for finding a more reasonable asset allocation (to you). You seem though to be making an increasing number of changes bec...
by camillus
Fri Aug 10, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help with retirement AA and fund recommendations- newbie
Replies: 9
Views: 565

Re: Help with retirement AA and fund recommendations- newbie

Hi Beach88, Congratulations on your retirement! Am I correct in that you have a single traditional IRA that comprises your retirement savings? If so, this could be as simple as the following: 1) Roll the entire balance from Edward Jones to Vanguard, Fidelity, or Schwab. 2) There are a few "one fund"...
by camillus
Fri Aug 10, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 9438

Re: Biggest Threats to Financial Well-Being

Getting sick, including mental illness
by camillus
Fri Aug 10, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs. Traditional 401k
Replies: 36
Views: 2007

Re: Roth 401k vs. Traditional 401k

Keep in mind that closer to retirement, different assets can be held in different places. For example, your Roth accounts can then hold 100% equities and your deferred accounts can hold all of your bonds and perhaps large cap stocks. This will promote the growth of Roth money and the slowing of defe...
by camillus
Thu Aug 09, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: financial planning and the unknowability of the future
Replies: 15
Views: 1469

financial planning and the unknowability of the future

Hi all, I am noticing in my thinking that I am trying more to abide by the principle of the future's unknowability, the future being more "unknowable" the farther out it gets. Therefore, I try to make decisions that benefit me most in the nearer term, say within 5 or 10 years. For example, I prefer ...
by camillus
Thu Aug 09, 2018 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Need help with contributing to two 529s
Replies: 6
Views: 334

Re: Need help with contributing to two 529s

You could fret about this for the next 10+ years, or you could contribute to one 529. The day your eldest graduates high school, open the second 529 and transfer half of your balance. It doesn't matter, barring certain limits and state income tax deductions during accumulation - even then, I believe...
by camillus
Sat Aug 04, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15365

Re: Will you pay for your kids' college/graduate education?

Without skin in the game, there may not be a sense of ownership. Nice concept, but skin in the game doesn't have any meaning to most college students. They do not understand the value of money. Otherwise, all these students with massive student loan debt who have the most skin in the game would be ...
by camillus
Sat Aug 04, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: How do you think about your mortgage in relation to your stock/bond portfolio?
Replies: 32
Views: 2535

Re: How do you think about your mortgage in relation to your stock/bond portfolio?

Ultimately, your asset allocation is a behavioral tool to keep you from misbehaving. Either you factor in your mortgage or not. I think it would be problematic to all of a sudden decide to reckon your mortgage as a part of your AA, and then make drastic changes to your brokerage accounts. Your previ...
by camillus
Sat Aug 04, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Will you pay for your kids' college/graduate education?
Replies: 366
Views: 15365

Re: Will you pay for your kids' college/graduate education?

My first college experience was paid for by my parents. I did not pick a very lucrative major, though it was very meaningful to me. My wife's college, grad school, and PhD was paid for by merit based scholarships. My second, accelerated college experience was paid for by the both of us (three part t...
by camillus
Sat Aug 04, 2018 12:11 am
Forum: Personal Consumer Issues
Topic: Minivan Vs SUV Experience
Replies: 111
Views: 7424

Re: Minivan Vs SUV Experience

I don't think it's merely about status. A full size SUV probably has more "felt security" by way of having more mass, height & power than a minivan. An SUV might inspire more confidence when behind the wheel. I think there's image/status stuff wrapped in too, especially for stay at home parents. Per...
by camillus
Fri Aug 03, 2018 8:23 pm
Forum: Investing - Theory, News & General
Topic: Question re fee revision with TIAA 403b at R1
Replies: 3
Views: 207

Re: Question re fee revision with TIAA 403b at R1

:oops: Ah, I suppose TIAA has a public website
by camillus
Fri Aug 03, 2018 7:39 pm
Forum: Investing - Theory, News & General
Topic: Question re fee revision with TIAA 403b at R1
Replies: 3
Views: 207

Question re fee revision with TIAA 403b at R1

Hi all, I noticed recently that the expense ratios were slashed in my TIAA 403b at an R1 institution, which is good news. Formerly, they were in the 66-72 bps range, now they are 51-57 bps. I'm wondering if anyone else has seen a fee revision at TIAA. I am wondering if this is just me - perhaps my H...
by camillus
Thu Aug 02, 2018 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need suggestions on investing. $400k in cash
Replies: 9
Views: 1140

Re: Need suggestions on investing. $400k in cash

Certainly not meaning to be hurtful. For what it's worth, he is younger and richer than me :-)
by camillus
Thu Aug 02, 2018 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable giving strategy
Replies: 43
Views: 2376

Re: Charitable giving strategy

Earl, here is an entertaining read for you:

https://www.mrmoneymustache.com/2016/10 ... ay-100000/

Enjoy your giving!
by camillus
Thu Aug 02, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need suggestions on investing. $400k in cash
Replies: 9
Views: 1140

Re: Need suggestions on investing. $400k in cash

OP, I think that you should recognize that there is risk not being invested. Keeping your savings in cash has underappreciated risk, namely to inflation and missing market gains. To make the point, when you were 22 it was about 2009. Here is the chart of the SP500 since you started your working care...
by camillus
Tue Jul 31, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: How to prepare for "the talk"
Replies: 64
Views: 5164

Re: How to prepare for "the talk"

I think that the single most important objective in your "talk" is establishing trust , and your demonstration of very good listening skills and very low levels of judgment and know-it-all-ism. Be kind and respect your folks. Even if they are bad at money, they are good parents! You have this built ...
by camillus
Tue Jul 31, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: Are women worse at investment?
Replies: 24
Views: 1438

Re: Are women worse at investment?

This thread is destined for a lock.

I just wanted to say that after reading the research-based Millionaire Next Door, the strong impression that I had was that the single most prodigious person in increasing their net worth relative to income was a female teacher.

:happy
by camillus
Tue Jul 31, 2018 5:45 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead powerlifters?
Replies: 115
Views: 8664

Re: Any Boglehead powerlifters?

Just wanted to join the thread. How fun. Two months ago I started Stronglifts 5x5, with the empty bar with each exercise and have linearly progressed since then. I'm 35, 6'3" with very skinny long arms (very easily touching pinkie finger to thumb around the opposite wrist), starting weight 227 lbs, ...
by camillus
Tue Jul 31, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: Are millennials botching their asset allocations?
Replies: 68
Views: 7624

Re: Are millennial botching their asset allocations?

I am technically a millennial. I am also technically (by some definitions) middle-age. I popped out of graduate school in 2008, right in time for my profession to be decimated by the great recession. I think within the "millennial" generation there is an underappreciated diversity. Personally, I've ...
by camillus
Mon Jul 30, 2018 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: At Retirement: thoughts on portfolio allocations & moving TIAA to VG
Replies: 9
Views: 723

Re: At Retirement: thoughts on portfolio allocations & moving TIAA to VG

Consider this: if you had a single IRA at Vanguard, would you open an account with TIAA just so you could invest in TREA & TRAD? I think not. I think TREA & TRAD are consolation prizes for having to do business with TIAA. What I would do: 1) Decide if you want to annuitize anything at TIAA. 2) Roll ...
by camillus
Sun Jul 29, 2018 1:53 am
Forum: Investing - Help with Personal Investments
Topic: Is maxing Out an IRA, 403B, and 457B Along with a Pension Too Much Saving for the Future?
Replies: 19
Views: 2288

Re: Is maxing Out an IRA, 403B, and 457B Along with a Pension Too Much Saving for the Future?

I think there needs to be a goal in mind, like early retirement. What do you want to do with life? Charity, vacations, etc? I would also consider taxable investing, hopefully to fund some meaningful life experiences before 59 1/2 (although you can accomplish the same thing by withdrawing Roth IRA co...
by camillus
Sun Jul 29, 2018 1:41 am
Forum: Personal Consumer Issues
Topic: LTC strategy: make health your hobby
Replies: 38
Views: 3088

Re: LTC strategy: make health your hobby

Somewhere in my education I picked up a CNA license (certified nurse assistant), that is, the person who bathes and changes the elderly in nursing homes (see my avatar). Because of that training & experience, my goal upon entering assisted living is to weigh as little as possible. I'm 6'4" and would...
by camillus
Tue Jul 24, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: Are socially responsible funds just another marketing ploy?
Replies: 25
Views: 2214

Re: Are socially responsible funds just another marketing ploy?

For further reading along these lines, see Cliff Asness' paper: Virtue is its Own Reward: Or, One Man’s Ceiling is Another Man’s Floor Thank you for the link to the article, where it is said plainly: "Pursuing virtue should hurt expected returns." :happy There is a great deal of cynicism in the wor...
by camillus
Sat Jul 21, 2018 11:08 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Portfolio - am I doing right?
Replies: 14
Views: 1380

Re: HSA Investment Portfolio - am I doing right?

drk wrote:
Sat Jul 21, 2018 11:00 pm
Really, though, I would recommend getting an idea of your overall allocation and opting for one fund in your HSA.
This is what I do. I also use Personal Capital to get an "xray" of my portfolio.
by camillus
Sat Jul 21, 2018 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Portfolio - am I doing right?
Replies: 14
Views: 1380

Re: HSA Investment Portfolio - am I doing right?

Hi AHumanInterest, I will continue the counterpoint along the lines of what others have said: simplify & get more aggressive in your HSA. It might be worth studying this article in the wiki: https://www.bogleheads.org/wiki/Tax-efficient_fund_placement Given you have other accounts, including taxable...
by camillus
Sat Jul 21, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: College Saving Plans - Options
Replies: 10
Views: 905

Re: College Saving Plans - Options

Hi Endeavor, The three places I would consider opening a Roth IRA are Vanguard, Charles Schwab, and Fidelity. Vanguard is for purists, but Charles Schwab and Fidelity probably have better customer service and interface. You mention maxing out your 401k, and that your 401k is with John Hancock. I bel...
by camillus
Sun Apr 08, 2018 8:30 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 90
Views: 14435

Re: Too much Bogleheads.org?

Compulsivity is important to address. The irony of compulsivity with bogleheads.org is that the principles of this community are simplicity and the pursuit of freedom - that is, being able to live the life you want.

So, is the life you want one where you compulsively check an online message board?
by camillus
Sat Mar 31, 2018 3:21 am
Forum: Investing - Help with Personal Investments
Topic: Cryptos- "Bear" with me here
Replies: 31
Views: 2701

Re: Cryptos- "Bear" with me here

You are falling into the trap of the sunk cost fallacy. You are holding because of your past loss. The rational thing to do is to sell and buy into a better long term investment.
by camillus
Sat Mar 31, 2018 12:39 am
Forum: Investing - Theory, News & General
Topic: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finished?
Replies: 129
Views: 12373

Re: What Are Your Thoughts On The Recent Bitcoin Bust? Is It Apart of the Boom/Bust Cycle or Is The CryptoCurrency Finis

alexanderadams wrote:
Fri Mar 30, 2018 11:21 pm
I'm interested to know how you started out investing? and if in my shoes where would you specifically start out given todays economic climate..
Roth IRA with a target date fund
by camillus
Sat Mar 17, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 18463

Re: Bought house six months ago - now feeling like we're treading water and can't save money

I have some reflections from reading through the thread: 1) Your main problem is not your savings rate, it's your anxiety. What do you need to sleep at night? Larger emergency fund? Go camping? 2) I think you are over-withholding federal income tax. 3) The savers tax credit is low hanging fruit, tho...
by camillus
Sat Mar 17, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 18463

Re: Bought house six months ago - now feeling like we're treading water and can't save money

Take a look at your tax withholding. Per my mental calculations, you only owe something like $2300/yr or $200/mo of federal income tax. (You currently pay $900.) In fact, it might be worth eliminating ROTH contributions and going all 401k to drop your taxable income to take advantage of EITC and the...
by camillus
Mon Mar 05, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: $500 gift card, what to do?
Replies: 42
Views: 3553

Re: $500 gift card, what to do?

Go online and prepay one of your utilities. Done.
by camillus
Mon Mar 05, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: 529 as tax-free savings account for private school
Replies: 36
Views: 2636

Re: 529 as tax-free savings account for private school

However, if there is no minimum holding period and you still get the state tax deduction, wouldn't it be a no-brainer to just run the money through just prior to paying tuition? Checking to see if I'm missing anything on this. In my state, the tax deduction applies to the NET contribution, ie contr...
by camillus
Sat Mar 03, 2018 2:57 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA questions regarding Schwab funds - new investor
Replies: 7
Views: 653

Re: Roth IRA questions regarding Schwab funds - new investor

If you have the funds, max it out in a lump sum. As a matter of fact, until April you can make contributions for 201 7 . This gives you the opportunity to continue contributing for 2018, this year. Or if you like you can try to get into the habit of maxing out your IRA on January 1st of each year. R...
by camillus
Wed Feb 28, 2018 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA or 401K $ for my daughter to college?
Replies: 14
Views: 1090

Re: Roth IRA or 401K $ for my daughter to college?

You can withdraw Roth IRA *contributions* tax and penalty free. If you are borderline able to receive aid via the FAFSA, withdrawing Roth IRA contributions could unfortunately disqualify you by putting you over the top since the FAFSA will treat those withdrawals as income. Assuming you are 50 years...
by camillus
Wed Feb 28, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 16357

Re: How much cash do you keep at any time on checking?

$20-30k earning 3%, FDIC insured across two joint reward checking accounts. Deferred contributions bring us into the 12% marginal tax bracket. The low numbers on this thread would be surprising to the by-the-book Dave Ramsey or YNABers. The difference between the communities is that this one assumes...
by camillus
Sat Feb 24, 2018 11:14 pm
Forum: Personal Consumer Issues
Topic: How to rent a specific car, Bogleheads way?
Replies: 26
Views: 1529

Re: How to rent a specific car, Bogleheads way?

I would also check Turo.com for your area.

I wanted to rent a specific sportscar on a recent vacation. It's like airbnb for cars. Awesome.
by camillus
Sun Feb 18, 2018 4:37 am
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 119
Views: 8160

Re: Sell me on the benefits of an emergency fund

Salmonid wrote:
Sun Feb 18, 2018 1:29 am
I have a year plus of living expenses in after tax investments
You don't need an emergency fund if you'd feel okay withdrawing money in a downturn.
by camillus
Tue Feb 06, 2018 1:10 pm
Forum: Personal Consumer Issues
Topic: Cheap cell phone plans
Replies: 60
Views: 6215

Re: Cheap cell phone plans

Sprint is running a promo for bring-your-own-device. Free until Jan 2019. Unlimited data.
by camillus
Tue Feb 06, 2018 1:02 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin in Freefall
Replies: 168
Views: 21156

Re: Bitcoin in Freefall

every crypto is falling in unison and not just BTC That is the problem with cryptos: their multiplicity. There is a limited amount of money that is willing to be invested in cryptocurrencies, while new cryptocurrencies are being developed in ten thousand places. Every programmer on earth is trying ...