Search found 135 matches

by Xpe
Mon Feb 09, 2015 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking Finances
Replies: 6
Views: 1313

Re: Tracking Finances

Last day of every month I record the balance of each of my accounts (investment and otherwise), record investment contributions, expenses for the month, take home income (wages) for the month. Oh and asset allocation. From this i can track savings rate, portfolio performance (roughly), expense trend...
by Xpe
Sun Feb 01, 2015 10:43 am
Forum: Personal Investments
Topic: "If All Else is Equal..." General Concept vs. Reality
Replies: 13
Views: 1638

Re: "If All Else is Equal..." General Concept vs. Reality

Throughout the forum and wiki, the phrase "if all else is equal" is stated to provide general guidance on fund selection, cost, and account placement. This statement is generally reasonable guidance, in my view, given the nearly infinite possibilities facing investors. That being said, investors, s...
by Xpe
Wed Jan 28, 2015 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Prime - good deal or calculated conditioning
Replies: 50
Views: 5283

Re: Amazon Prime - good deal or calculated conditioning

But is it a change in spending patterns due to Prime, or is it a self-selected group of people who choose Prime because they already spend more. Could be a combination of both, but I would find more convincing research that compares before and after - how much spending increased after one signs up ...
by Xpe
Fri Jan 23, 2015 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Yearly Expenses - How am I doing?
Replies: 21
Views: 3518

Re: Yearly Expenses - How am I doing?

I was going to mention the car insurance, but you just explained that. One thought - do some serious research on the effectiveness of protein powder... Even if 99% of the protein goes in one end and out the other, protein powder is still easy and cheap calories, important after a workout. At best i...
by Xpe
Tue Jan 20, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Closing unused credit cards - should I do it?
Replies: 16
Views: 1885

Re: Closing unused credit cards - should I do it?

No answer, just would like to hop on to the thread. Does closing an amex affect your credit score (being a charge card, does that make a difference? ),

Im tired of having an amex, of it not being accepted places and of paying an annual fee, but id hate for it to kill my credit.
by Xpe
Sun Jan 18, 2015 4:54 pm
Forum: Personal Investments
Topic: Year-end financial statements?
Replies: 5
Views: 785

Re: Year-end financial statements?

Monthly I document the ending balance for each of my accounts, along with some summary data (total investments, change in investment value, investment contributions, salaried take home income, total expenses for the month, and asset allocation). I've considered adding columns for more granular expen...
by Xpe
Wed Jan 14, 2015 8:34 pm
Forum: Personal Investments
Topic: Been out of market for 5 years, when get back in?
Replies: 25
Views: 3763

Re: Been out of market for 5 years, when get back in?

In 2009 I read that the current recession was just a blip, and that the US was going to have a major crash. So, I held onto cash instead of putting it into the market. I have about $60,000 to invest in something... and am of course frustrated that I didn't just put it in an index fund back in 2009....
by Xpe
Tue Jan 13, 2015 10:03 pm
Forum: Personal Investments
Topic: 100,000 or Bust...
Replies: 9
Views: 1473

Re: 100,000 or Bust...

Hey Guys, Someone told me to check out this forum and I have to be honest, it's great ,but a little overwhelming for someone like me. I learned 2 things after reading through the threads. 1. I need a lot more education when it comes to finance. 2. I need a lot more education on finance. Here is wha...
by Xpe
Sun Jan 11, 2015 7:45 pm
Forum: Personal Consumer Issues
Topic: boglehead workout
Replies: 39
Views: 6422

Re: boglehead workout

I've used insanity by sean t, it's very good if you don't mind jumping around like a fool in your living room/basement for 40minutes. Great cardio and power body weight workouts. Accessible for all fitness levels. I could make an argument for it being a 3fund portfolio type workout, but it'd be just...
by Xpe
Sun Jan 11, 2015 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Strategies to get more into ROTH at top of 15% bracket?
Replies: 5
Views: 1050

Re: Strategies to get more into ROTH at top of 15% bracket?

With low refinance rates, I have considered taking out a no-cost 5 yr. HEL on the order of $50K at 2.5% interest to pay off the $34K balance on my current 3.875% HEL, and use the extra $16K to fully fund the ROTHs for 2014, and to augment the current payments (about an extra $3K/year.) The alternat...
by Xpe
Sun Jan 11, 2015 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Wait, contributions to an IRA are tax deductible?
Replies: 19
Views: 2615

Re: Wait, contributions to an IRA are tax deductible?

So, if I put $5,500 into a Roth IRA, I can then deduct the same $5,500 form my taxes and get all of that back in the form of a refund check? So, I would have that $5,500 in retirement and essentially get a free $5,500 refund check? Roth IRAs are not tax deductible, and that's not what tax deductibl...
by Xpe
Sat Jan 10, 2015 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Young couple looking for a mentor.
Replies: 45
Views: 5614

Re: Young couple looking for a mentor.

I have to say, it seems like your ideas about investing are not grounded in reality. It's good that you're reading and learning, and I think you're going to look back in a week or a month and realize your expectations too high. You have a lot of ideas for complex investment vehicles, but your best b...
by Xpe
Thu Jan 08, 2015 8:42 pm
Forum: Personal Consumer Issues
Topic: WHY is retirement enjoyable / something to look forward to?
Replies: 237
Views: 27207

Re: WHY is retirement enjoyable / something to look forward

I have liked all my jobs, but I hate working. The thought of working 37 more years (til 65) is just absolutely soul crushing. I take it one day at a time, and generally enjoy any given day of work, and have had a fairly successful career so far (it's still early), but I would always prefer not worki...
by Xpe
Mon Jan 05, 2015 1:07 pm
Forum: Personal Investments
Topic: large inheritance - Advice needed on Asset Allocation
Replies: 23
Views: 6524

Re: large inheritance - Advice needed on Asset Allocation

I didn't notice this was such an old thread until your update post. It was a nice surprise for me to not have to wait 7 years to get your 7 year update.

Good luck with the last 1.5!
by Xpe
Fri Jan 02, 2015 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Another Student Loan Thread.
Replies: 5
Views: 1029

Re: Another Student Loan Thread.

Thanks for the responses, some clarifications below: I'd just pay them off with your assets AFTER marriage. If you really feel like a stickler, tell her she can't be a stay at home mom until they're paid off. It sounds like she's a lawyer or doc, so that shouldn't take more than the 1-2 years you wa...
by Xpe
Thu Jan 01, 2015 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Another Student Loan Thread.
Replies: 5
Views: 1029

Another Student Loan Thread.

Hey all, I think this is an easy question, but just wanted to make sure I'm not missing anything. My fiancee has about 80k in student loans (high rates), and we're deciding what to do about them. In discussing this decision, let's ignore the complications of paying off her debt with my assets (and w...
by Xpe
Tue Dec 30, 2014 9:38 am
Forum: Personal Investments
Topic: Why Does The 60/40 Work So Well?
Replies: 31
Views: 6375

Re: Why Does The 60/40 Work So Well?

Maybe I'm missing the point, but to me it seems like it's not the percentage that matters so much as the absolute value compared to your expenses. When I retire, I plan to have 5x annual expenses in bonds and the rest in stocks. If you're more conservative, maybe 10-15x. Before retirement, I will co...
by Xpe
Mon Dec 29, 2014 6:19 pm
Forum: Personal Consumer Issues
Topic: Electronic gizmos and apps you actually use a lot
Replies: 14
Views: 2356

Re: Electronic gizmos and apps you actually use a lot

Galaxy S4 Forerunner 220 (gps watch, gamechanger for long distance running, being able to go out and explore instead of running a set route). High end laptop - grad school and coding/development. Self-built PC - same as above, plus games. Chromecast - netflix / hulu. Ipad - reading, internet, remote...
by Xpe
Mon Dec 29, 2014 5:20 pm
Forum: Personal Consumer Issues
Topic: Faking your way through sports small talk
Replies: 34
Views: 4599

Re: Faking your way through sports small talk

If you're looking for a solution that strikes a middle ground between "i dont care about pro sports and you shouldnt either" and spending time actually following sports, you could try spending 2 minutes every monday catching up on one specific team, that way you can say "sorry i only really follow t...
by Xpe
Sun Dec 28, 2014 4:46 pm
Forum: Personal Investments
Topic: when do you start focusing on your retirement "number"
Replies: 34
Views: 4541

Re: when do you start focusing on your retirement "number"

In your 20s the number to concentrate on is your savings rate, keep it as high as you can comfortably sustain. Don't even try to guess a number for portfolio size at retirement until about 10 years before retirement. As many others have mentioned, life throws you too many curves to try predicting d...
by Xpe
Sat Dec 27, 2014 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Square pegs won't go in round holes! Net Worth and Cash flow
Replies: 83
Views: 8919

Re: Square pegs won't go in round holes! Net Worth and Cash

Of course they are assets. They are not portfolio assets. But they are assets. And what is the value of these assets? Why not include the presumed value of human capital in net worth? Docs accepted at medical school are "worth" a minimum for 10 million, even though they may start actual work with d...
by Xpe
Sat Dec 27, 2014 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Home Ownership in Retirement
Replies: 18
Views: 3576

Re: Home Ownership in Retirement

Property taxes are based on home value, so even if the property tax rate is higher, if the home value is significantly less you may still be paying less in taxes despite the higher rate. There's a lot to this decision, depending on how far you want to go. The cheaper house will let you keep more mon...
by Xpe
Sun Dec 21, 2014 8:59 pm
Forum: Personal Consumer Issues
Topic: Gaming PC for son, buy or build?
Replies: 63
Views: 7853

Re: Gaming PC for son, buy or build?

I will just say you do save a lot of money by building your own PCs, just maybe not on your first one, and not in the low price range. Power supply, case, and SSD are all fairly expensive parts that can easily be reused from one build to the next. Fans, dvd r/w, last a long time. Processor, gpu, and...
by Xpe
Fri Dec 19, 2014 7:29 pm
Forum: Personal Investments
Topic: Tracking growth of investment
Replies: 8
Views: 973

Re: Tracking growth of investment

Last day of each month I record the balance of each account, along with the amount of investment contributions. I like being able to see this historical data, though I'm not sure it's worthwhile from an actionable perspective. I guess it makes it easy to see how much I'm actively saving so that I ca...
by Xpe
Fri Dec 19, 2014 4:20 pm
Forum: Personal Investments
Topic: Looking to move inheritance from high-fee advisor
Replies: 30
Views: 3961

Re: Looking to move inheritance from high-fee advisor

You need to get away from that advisor. Consider the 4% safe withdrawal rate, compared to the advisor fee. 1.25% is nearly a third of the generally accepted safe withdrawal rate for retirement, but it's being charged annually throughout the rest of your career and into retirement if you don't ditch ...
by Xpe
Fri Dec 19, 2014 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Federal Taxes - Sticker Shock (And how to reduce)
Replies: 58
Views: 7924

Re: Federal Taxes - Sticker Shock (And how to reduce)

From what I gather, the only way I can reduce my taxable income at this point in the year is to open an IRA for my non-working SO. If I dump $5500, that saves us approximately $1700 for the 2014 tax year for a net "cost" of $3800. To me, that would appear to be a no brainer given that I'm getting a...
by Xpe
Wed Dec 17, 2014 7:21 pm
Forum: Personal Investments
Topic: Why a Boglehead doesn't invest in individual companies?
Replies: 142
Views: 21958

Re: Why a Boglehead doesn't invest in individual companies?

Hi there, Continuing my journey to becoming a Boglehead, I want to know why you don't invest in individual companies? High risk the only reason? Are index funds just easier? OR do you go against being a complete Boglehead and invest a portion of your portfolio in individual companies? As I'm still ...
by Xpe
Wed Dec 17, 2014 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: On average, how often do you check your investment balances?
Replies: 53
Views: 4907

Re: On average, how often do you check your investment balan

Daily when markets are up, less often when they're down. Last day of each month I update spreadsheets and such.
by Xpe
Wed Dec 17, 2014 7:56 am
Forum: Personal Consumer Issues
Topic: Need help with men's exercise clothes please
Replies: 55
Views: 6222

Re: Need help with men's exercise clothes please

I must be another guy "in the Dark Ages" -- BUT I plan to stay there! I go to a gym almost every day (for the past 4 years) and in the past year my cotton or cotton-blend T-shirts get soaking wet as well. So what? I shower, change into regular clothes, put the wet T-shirt in the gym bag until I get...
by Xpe
Tue Dec 16, 2014 10:27 pm
Forum: Personal Consumer Issues
Topic: Need help with men's exercise clothes please
Replies: 55
Views: 6222

Re: Need help with men's exercise clothes please

Don't overlook good underwear...seriously. I like Exofficio brand underwear. Exofficio is the best. Don't know what magic they infuse into the fabric, but there's literally nothing you can do to make them smell. Saturday I ran a half marathon, threw them on the floor on my way into the shower, next...
by Xpe
Tue Dec 16, 2014 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question: How Does the 3.8% Kick In?
Replies: 9
Views: 1714

Re: Tax Question: How Does the 3.8% Kick In?

http://www.irs.gov/uac/Newsroom/Net-Investment-Income-Tax-FAQs The above link from the IRS is very informative. From the link above: Taxpayer, a single filer, has $180,000 of wages. Taxpayer also received $90,000 from a passive partnership interest, which is considered Net Investment Income. Taxpay...
by Xpe
Tue Dec 16, 2014 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Most/Least Boglehead 2014 Activity?
Replies: 93
Views: 13130

Re: Most/Least Boglehead 2014 Activity?

Least, check market performance daily. Ate out too much.

Most, switched to three fund portfolio. Got engaged to similarly financial-minded future Mrs. Xpe.
by Xpe
Mon Dec 15, 2014 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: What are your 2015 Financial Goals?
Replies: 102
Views: 11944

Re: What are your 2015 Financial Goals?

Get a job, spend less on beer.
by Xpe
Mon Dec 15, 2014 3:45 pm
Forum: Personal Investments
Topic: Managing a windfall & fixing my high-fee portfolio
Replies: 21
Views: 4315

Re: Managing a windfall & fixing my high-fee portfolio

1) I recently gave notice to my advisors that I am cutting them lose and moving my assets to Vanguard funds. What is the best way to go about this from a tax perspective? For 2014 I currently have a long-term gain of $100k booked — so no matter what I'm paying tax on that (unless I can come up with...
by Xpe
Mon Dec 15, 2014 3:05 pm
Forum: Personal Investments
Topic: Went "all in" Nov 17-21 in VTTHX (2035) - worried...
Replies: 26
Views: 4333

Re: Went "all in" Nov 17-21 in VTTHX (2035) - worried...

Well, I finally made the decision back in November regarding all this cash our Trusts have - over 4M. We took it all and I decided the best fit, long-term choice was to put it in a mix duplicating the Vanguard 2035 retirement fund. VTTHX. (This because the primary beneficiaries of these two trusts ...
by Xpe
Sun Dec 14, 2014 8:40 am
Forum: Personal Finance (Not Investing)
Topic: At what age did you find dream job?
Replies: 32
Views: 3791

Re: At what age did you find dream job?

cheese_breath wrote:Age 56, when I retired. Retirement was always my career goal, and I reached it at 56. I have no desire to ever quit this job.
Same. I'm only 28, but have been planning my retirement for at least 10 years.
by Xpe
Sun Dec 14, 2014 8:05 am
Forum: Personal Investments
Topic: How to make life simpler?
Replies: 8
Views: 2871

Re: How to make life simpler?

It sounds like you want to compare the performance of the three fund portfolio to the performance of your own portfolio over the last decade or two and use the results of the comparison to justify or rule out making the switch. Past performance does not predict future results, for similar asset allo...
by Xpe
Fri Dec 12, 2014 4:05 pm
Forum: Personal Investments
Topic: An interesting way I just thought about debt
Replies: 18
Views: 3373

Re: An interesting way I just thought about debt

You could also comsider just paying off one or two of the loans, which would have a similar effect in terms of cash flow but not be such an extreme maneuver.
by Xpe
Tue Dec 09, 2014 5:52 pm
Forum: Personal Investments
Topic: High(ish) earner; spending too much?
Replies: 71
Views: 12711

Re: High(ish) earner; spending too much?

I don't know, I guess to each their own. I spent a month and a half in Peru last summer for 1.5k all in, including multiple treks. I've spent about 45k in the last twelve months and I feel like I buy everything I want and go out to eat several times a week, etc. can't imagine spending more than doub...
by Xpe
Sun Dec 07, 2014 2:39 pm
Forum: Personal Investments
Topic: How do brokerage accounts work?
Replies: 28
Views: 2705

Re: How do brokerage accounts work?

As others have mentioned, each position will cost $7 going in and $7 coming out. On a $100 dollar investment, you're starting 14% in the hole. If this is just for fun, I'd consider just picking one stock for the entire 1k so that the $14 is only 1.4%. If this is to earn money, I'd consider not doing...
by Xpe
Sat Dec 06, 2014 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Is it safe to leave Laptop in hotel room
Replies: 65
Views: 18680

Re: Is it safe to leave Laptop in hotel room

Leave the webcam on and position the laptop so that it can see the whole room, broadcasting online. If they do take it, you'll have the video to show the hotel manage,ent / law enforcement.

That being said, I have never gone to such extremes and haven't had anything stolen.
by Xpe
Thu Dec 04, 2014 4:13 pm
Forum: Personal Investments
Topic: Someone explain why bond funds are "safe?"
Replies: 33
Views: 3611

Re: Someone explain why bond funds are "safe?"

Bonds are safer than stocks because bonds are debt, stocks are ownership. When a company goes bankrupt it is legally obligated to pay back debts (bonds) before paying owners (stockholders). Also, the value of a company may vary widely from one day / week / month to the next based on new deals, tech...
by Xpe
Thu Dec 04, 2014 3:41 pm
Forum: Personal Investments
Topic: Someone explain why bond funds are "safe?"
Replies: 33
Views: 3611

Re: Someone explain why bond funds are "safe?"

Bonds are safer than stocks because bonds are debt, stocks are ownership. When a company goes bankrupt it is legally obligated to pay back debts (bonds) before paying owners (stockholders). Also, the value of a company may vary widely from one day / week / month to the next based on new deals, techn...
by Xpe
Thu Dec 04, 2014 7:43 am
Forum: Personal Consumer Issues
Topic: Wedding/Engagement Ring Stones
Replies: 16
Views: 3073

Re: Wedding/Engagement Ring Stones

Well, makes a big difference whether we're talking about engagement or wedding rings. I bought a preowned diamond engagement ring for my fiance, spent four figures on it, though it was valued at low to mid five by an third-party appraiser. For wedding rings, we're looking at about $100 each. I haven...
by Xpe
Wed Dec 03, 2014 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Giving money to your alma mater: Have to vent
Replies: 166
Views: 21122

Re: Giving money to your alma mater: Have to vent

I got called for a donation spring of my senior year...
by Xpe
Wed Dec 03, 2014 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Married...Any advice?
Replies: 25
Views: 3822

Re: Getting Married...Any advice?

Thanks for all the replies. Many have mentioned White Coat Investor - we're both avid readers (of the blog and the book). I'm curious about what people have said about having two checking accounts. From what I've read and heard from others, having a joint account is good because it encourages an at...
by Xpe
Wed Dec 03, 2014 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: 1st Moving Violation Traffic Ticket: Lawyer Up or Pay Fine?
Replies: 18
Views: 2374

Re: 1st Moving Violation Traffic Ticket: Lawyer Up or Pay Fi

I always contest my tickets, but never hire a lawyer. My experience is almost entirely with speeding tickets, but I've found that if you show up and are polite and presentable, you can normally get some leniency from the judge. I've almost always been able to plead down to 5 mph over which does not ...
by Xpe
Wed Dec 03, 2014 12:05 pm
Forum: Personal Consumer Issues
Topic: GMAT prep
Replies: 28
Views: 6030

Re: GMAT prep

I took the GMAT a couple years ago, I'm a SY MBA currently. I didn't take any classes, but spent a significant amount of time preparing. Here's what I did/used, scored 760 if that's relevant. Resources: Powerscore CR Bible - great book, highly renowned, very useful. Manhattan GMAT Books - Manhattan ...
by Xpe
Sun Nov 30, 2014 10:07 pm
Forum: Personal Consumer Issues
Topic: Private college counselor
Replies: 78
Views: 7483

Re: Private college counselor

I'll just say that I remember my knowledge of the application process when I was applying to undergrad, being not so far removed from the process as many here. I knew very little, even as a relatively motivated aspirational college attendee. And my perspective was skewed, based on having only sevent...
by Xpe
Sat Nov 29, 2014 5:09 pm
Forum: Personal Consumer Issues
Topic: Move to a big house VS Spend for other things
Replies: 13
Views: 2742

Re: Move to a big house VS Spend for other things

Sorry, got my previous calculation wrong its a 400sqft studio. I get around $6000 after taxes. All the remaining money after expenses go to 3 fund portfolio for 40 bonds /35 us/ 25 international Current savings in that portfolio is $280k Age:30 Mom and dad retired and they are depending on me after...