Search found 547 matches

by Gufomel
Mon Apr 01, 2019 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 794

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA? I'm not contributing to a Roth IRA at the moment, and was thinking that was something I should get started on. On average, I save about on average about $500-7...
by Gufomel
Mon Apr 01, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: New Here - Invest or Pay Off Debt or Keep Money in EF
Replies: 14
Views: 794

Re: New Here - Invest or Pay Off Debt or Keep Money in EF

How much monthly disposable income (if any) do you have after expenses and max 401k contribution? Also, are you contributing to a Roth IRA?
by Gufomel
Thu Mar 28, 2019 3:25 pm
Forum: Personal Investments
Topic: When Will the Momentum Kick In?
Replies: 18
Views: 1694

Re: When Will the Momentum Kick In?

JuniorRob wrote: Thu Mar 28, 2019 3:16 pm
markesquire wrote: Thu Mar 28, 2019 10:17 am I have been saving more than that and investing it for 15 years (VTSAX 80%, VTBLX 10%),
I think you aren't seeing the growth, because you're losing 10% with each contribution.
I laughed. :D
by Gufomel
Thu Mar 28, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 14051

Re: Is our household budget crazy?

I don't know how you don't know what you spent $560/mo on for "shopping". If we spent that much on average over a 3-month period, I better have a new iPhone or something to show for it. :D My wife is very frugal about kids clothing, and of course grandparents love to buy kids clothes. Sig...
by Gufomel
Thu Mar 28, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 14051

Re: Is our household budget crazy?

The glaring exception is your grocery budget, which is absolutely nuts. Are you eating a paleo diet bought entirely at Whole Foods? :P If so, the good news is that you are paying far too much for a shiny shopping experience and can eat similarly for much less. ETA: Seeing that you are shopping at C...
by Gufomel
Thu Mar 28, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 14051

Re: Is our household budget crazy?

Childcare and travel make up almost half the total expenses you posted. But those amounts don’t seem out of whack for your income. While your expenses are certainly higher than ours, you also make more than 5x as much as us! As you mentioned, and as most posters have focused on, food is your biggest...
by Gufomel
Thu Mar 28, 2019 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 298
Views: 29250

Re: Paying "early" on mortgage may be unwise

I’ve learned something new today - that people are still manually paying their monthly mortgage payments :shock:
by Gufomel
Mon Mar 25, 2019 1:32 pm
Forum: Investing - Theory, News & General
Topic: why are there so many ETF prices? By Vanguard
Replies: 33
Views: 2532

Re: why are there so many ETF prices? By Vanguard

learned something new today...the "marketable limit order" Some people (including me) think that market orders should be abolished in favor of this method. A market order means “fill me at the best price available when my order arrives, regardless of how outrageous that price is or how in...
by Gufomel
Sun Mar 24, 2019 2:17 pm
Forum: Investing - Theory, News & General
Topic: Ken Moraif must be getting nervous
Replies: 90
Views: 25512

Re: Ken Moraif must be getting nervous

He is back in, but only 25%. Email today 3/24/19: "We Are Buying. What to Expect. We are excited to participate in the upward trend that we see has established itself and look forward to the potential that it offers. We bought with a fourth of your equity allocation on Friday. It takes a few d...
by Gufomel
Sat Mar 23, 2019 9:32 am
Forum: Investing - Theory, News & General
Topic: why are there so many ETF prices? By Vanguard
Replies: 33
Views: 2532

Re: why are there so many ETF prices? By Vanguard

learned something new today...the "marketable limit order" Some people (including me) think that market orders should be abolished in favor of this method. A market order means “fill me at the best price available when my order arrives, regardless of how outrageous that price is or how in...
by Gufomel
Thu Mar 21, 2019 10:57 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 2044

Re: How do I reconcile these seemingly conflicting common BH phrases?

Gufomel, Okay. Then, you could do the following instead A) 25K of the emergency fund and an AA of 80/20. or B) no emergency fund and an AA of 70/30. What is the difference then? The difference is you can spend your emergency fund in (A) without recalculating your AA all the time. << You end up sitt...
by Gufomel
Thu Mar 21, 2019 10:33 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 2044

Re: How do I reconcile these seemingly conflicting common BH phrases?

OP, Compare the difference between A) Having an emergency fund of 25K and an AA of 70/30 versus B) Not having an emergency fund of 25K and an AA of 70/30. If you need to spend 10K, in (B), you have to do something to your portfolio. In (A), you do nothing. You have the money to spend and your AA is...
by Gufomel
Thu Mar 21, 2019 10:01 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 2044

Re: How do I reconcile these seemingly conflicting common BH phrases?

OP, 1) What is the size of your emergency fund? 2) What is your annual savings? In my case, A) My emergency fund is 60K. At this moment, it is 90K since I reserve another 30K for my kids' college education payment. B) My annual savings is 60K. Between (A) + (B), I have 120K/150K to handle any purch...
by Gufomel
Thu Mar 21, 2019 9:24 pm
Forum: Investing - Theory, News & General
Topic: How do I reconcile these seemingly conflicting common BH phrases?
Replies: 25
Views: 2044

How do I reconcile these seemingly conflicting common BH phrases?

1) Avoid mental accounting (set an AA across all your accounts that meets your risk tolerance) 2) Don’t invest money in stocks that you need in the short-term 3) Don’t time the market 4) Don’t sell stocks in a downturn It’s very easy for me to ignore market noise and “set it and forget it” when I th...
by Gufomel
Sun Mar 17, 2019 6:58 am
Forum: Personal Finance (Not Investing)
Topic: National vs local bank/credit union
Replies: 9
Views: 877

National vs local bank/credit union

We bank primarily with Ally, but also have had an account with Wells Fargo for many years. I have to jump through hoops to keep the Wells Fargo account fee free, so I’d prefer to leave. The two times I’ve used Wells Fargo in recent years: - Notary - Needed to cash a paper savings bond I do still wan...
by Gufomel
Wed Mar 13, 2019 11:35 am
Forum: Investing - Theory, News & General
Topic: wash sales
Replies: 4
Views: 348

Re: wash sales

No word from the IRS.

General consensus seems to be that funds/ETFs that track different indexes are fine. But again, no word from the IRS.

Selling XOM to buy an Energy ETF would almost certainly not trigger a wash sale. But again, no word from the IRS.
by Gufomel
Wed Mar 13, 2019 6:01 am
Forum: Personal Finance (Not Investing)
Topic: Tax Loss Harvesting Newbie - Had a Wash Sale I don't Understand
Replies: 6
Views: 456

Re: Tax Loss Harvesting Newbie - Had a Wash Sale I don't Understand

Did you purchase shares of this fund (or have dividends reinvested) 30 days before or after 9/6/18?
by Gufomel
Mon Mar 11, 2019 9:16 am
Forum: Personal Investments
Topic: Time to buy Boeing?
Replies: 89
Views: 11042

Re: Boeing-time to buy?

Buy Boeing? I want to sell! I'm trying to unload my 25 year old Boeing stock and move it into index funds (taxable account), but the capital gains give me the willies. Another reason to stick with index funds in my next life: you don't get stuck with appreciated stock that is expensive to liquidate...
by Gufomel
Mon Mar 11, 2019 8:34 am
Forum: Personal Investments
Topic: Boeing-time to buy?
Replies: 58
Views: 8883

Re: Boeing-time to buy?

Quit while you are ahead? If you have been buying BA in your 401k you can probably rebalance your account (without tax consequences sit it stays in the account) to something besides Boeing stock - index stock or bond fund, whichever you need for your desired AA. Or you can let it ride and take the ...
by Gufomel
Wed Mar 06, 2019 6:37 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

TLDR; I thought I was getting free money, but the market did not behave the way I demanded it should, now I am mad....... Seriously, you buy a stock (even at a discount) and assume you will reap a short-term profit. That is why passive investing works, there are way too many suckers out there tryin...
by Gufomel
Wed Mar 06, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

I’m going to give some rough numbers here because I don’t want to talk specific $’s. Let’s say my salary is $100,000. I can contribute $3,750 to the ESPP every quarter (100,000 x 15% x 1/4). There’s a 10% discount, so the quarterly profit is $375 assuming no stock price change and no transaction fee...
by Gufomel
Wed Mar 06, 2019 6:07 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

TLDR; I thought I was getting free money, but the market did not behave the way I demanded it should, now I am mad....... Seriously, you buy a stock (even at a discount) and assume you will reap a short-term profit. That is why passive investing works, there are way too many suckers out there tryin...
by Gufomel
Wed Mar 06, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

Thanks for the feedback. When I’ve got time I’ll have to add this to my list of spreadsheets to go back and track this. I highly doubt there’s s correlation, but it’ll be interesting to see. Considering the fact that we may be in the same situation at the same company, I'd be very interested in wha...
by Gufomel
Wed Mar 06, 2019 12:52 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

Thanks for the feedback. When I’ve got time I’ll have to add this to my list of spreadsheets to go back and track this. I highly doubt there’s s correlation, but it’ll be interesting to see.
by Gufomel
Wed Mar 06, 2019 12:31 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

Faith in the company/ not worrying. It’s a gamble; it paid off for my wife, she has held company stock for years to that significantly outperformed the broader market in that period. Could have gone the other way. If you fear losses, maybe just set limit orders to sell at the price point you are ho...
by Gufomel
Wed Mar 06, 2019 12:27 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

This isn’t a “should I participate in my company ESPP” post. My company’s ESPP provides a 10% discount on shares purchased through the plan based on FMV at date of purchase. Shares are purchased quarterly. This is a Fortune 100 company. Even though it’s a fairly small profit, it’s still basically f...
by Gufomel
Wed Mar 06, 2019 12:22 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Re: Company ESPP - share price drop after purchase

Faith in the company/ not worrying. It’s a gamble; it paid off for my wife, she has held company stock for years to that significantly outperformed the broader market in that period. Could have gone the other way. If you fear losses, maybe just set limit orders to sell at the price point you are ho...
by Gufomel
Wed Mar 06, 2019 12:02 pm
Forum: Investing - Theory, News & General
Topic: Company ESPP - share price drop after purchase
Replies: 32
Views: 2081

Company ESPP - share price drop after purchase

This isn’t a “should I participate in my company ESPP” post. My company’s ESPP provides a 10% discount on shares purchased through the plan based on FMV at date of purchase. Shares are purchased quarterly. This is a Fortune 100 company. Even though it’s a fairly small profit, it’s still basically fr...
by Gufomel
Tue Mar 05, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard use a 40% allocation to International in their Balanced Funds?
Replies: 60
Views: 9285

Re: Why does Vanguard use a 40% allocation to International in their Balanced Funds?

First off, I know the debate about International exposure swings wildly anywhere from 0% to 80%. Yes, although it is quite rare to see advocacy for allocations higher than global cap weight, which would currently be just under 50% for international. ...I’ve noticed that Vanguard’s Balanced Funds (t...
by Gufomel
Tue Mar 05, 2019 7:08 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard use a 40% allocation to International in their Balanced Funds?
Replies: 60
Views: 9285

Re: Why does Vanguard use a 40% allocation to International in their Balanced Funds?

If a US investor puts a quarter of their equities abroad, you’ll probably not have a high level of regret. Putting 0 or full market cap abroad both give you a good shot at being pretty wrong and regretfuI. I like to avoid extremes, so that factors heavily for me. To each their own, of course. Thank...
by Gufomel
Mon Mar 04, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard use a 40% allocation to International in their Balanced Funds?
Replies: 60
Views: 9285

Re: Why does Vanguard use a 40% allocation to International in their Balanced Funds?

Combination of market weight (which is 50ish) snd optimal diversification based on historical returns and correlations. FYI, the domestic/international spit is either dead or dying. Almost any way you slice the market “region” has a low and falling power. “Sector” has a higher power. Could you expo...
by Gufomel
Mon Mar 04, 2019 7:56 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard use a 40% allocation to International in their Balanced Funds?
Replies: 60
Views: 9285

Why does Vanguard use a 40% allocation to International in their Balanced Funds?

First off, I know the debate about International exposure swings wildly anywhere from 0% to 80%. The stock portion of my AA has been at 30% International for a few years, but I don’t recall having any “solid” basis for picking that number. I just knew that I wanted some exposure, and 30% seemed to b...
by Gufomel
Fri Mar 01, 2019 7:15 am
Forum: Personal Consumer Issues
Topic: Activities for a 3 year old that inspire creativity
Replies: 19
Views: 1267

Re: Activities for a 3 year old that inspire creativity

Wow, thank you all for your responses! I’ve only just now had a chance to get back to this post. A lot of what you’ve provided is what I was looking for. What I had in mind when I made my post was a couple of things my wife had done with our kid in the past. One was putting up the alphabet on a long...
by Gufomel
Thu Feb 28, 2019 7:07 am
Forum: Personal Consumer Issues
Topic: Activities for a 3 year old that inspire creativity
Replies: 19
Views: 1267

Activities for a 3 year old that inspire creativity

Does anyone have any recommendations (preferably a website, or a book if you particularly liked it) on simple home (or close to home) activities to do with your 3 year old with an emphasis on inspiring creativity but also teaching math, reading, writing, science basics? Looking for a 3 year old righ...
by Gufomel
Thu Jan 31, 2019 3:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 54052

Re: Vanguard Prime Money Market yield over 2.5%

Prime Money Market at 2.48% and Intermediate Term Bonds (BIV) at 3.28%.

Almost makes bonds seem useless. Yikes.
by Gufomel
Thu Jan 17, 2019 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118989

Re: Why are you NOT buying rental properties?

Obviously, real estate investment is not for everyone. If it was then the return wouldn’t be so good. I dont want to hear from second hand. I want to hear from those who have actually tried but failed. What went wrong? And we want to hear from you what went right, but you refuse to provide any deta...
by Gufomel
Thu Jan 17, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 1134
Views: 118989

Re: Why are you NOT buying rental properties?

OP, you’ve had 3 pages of responses of both personal and secondhand experience addressing (often very specifically) why they don’t buy rental properties. And yet you have refused to answer any of the questions regarding specifics of how you’re profiting $40k a year off of a single rental property, o...
by Gufomel
Fri Jan 11, 2019 1:04 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20723
Views: 2832292

Re: U.S. stocks in free fall

Sure is quiet in here.
by Gufomel
Wed Jan 09, 2019 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off Mortgage...what to do next
Replies: 32
Views: 2903

Re: Paid off Mortgage...what to do next

Congrats! Contribute the max to ROTH for 2018, but leave it in a money market fund. Treat it as your EF (some people do this anyways) until you get your EF built back up in your bank. If you end up needing the money before you get your EF built up, you can withdraw your contributions from your ROTH ...
by Gufomel
Thu Dec 20, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: What’s the most comparable Vanguard ETF to VTI for TLH?
Replies: 7
Views: 580

Re: What’s the most comparable Vanguard ETF to VTI for TLH?

I didn’t realize until now that Vanguard now provides commission free trades on other companies’ ETFs.

So I guess ITOT is the most comparable? That passes the “substantially different” requirement the best we know, right? I know there’s some debate about that.
by Gufomel
Thu Dec 20, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: What’s the most comparable Vanguard ETF to VTI for TLH?
Replies: 7
Views: 580

Re: What’s the most comparable Vanguard ETF to VTI for TLH?

acanthurus wrote: Thu Dec 20, 2018 3:05 pmITOT.
Thanks. Should have clarified, looking for Vanguard ETFs. I’ve edited my OP.
by Gufomel
Thu Dec 20, 2018 3:03 pm
Forum: Investing - Theory, News & General
Topic: What’s the most comparable Vanguard ETF to VTI for TLH?
Replies: 7
Views: 580

Re: What’s the most comparable Vanguard ETF to VTI for TLH?

HEDGEFUNDIE wrote: Thu Dec 20, 2018 3:00 pm Try VONE, it has 1000 stocks vs 600 for VV
Nice. That’s pretty close to VV in the mid-cap department. Still very little small-cap, but VV is pretty immaterial there anyways.

Any other suggestions or is VONE the closest?
by Gufomel
Thu Dec 20, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: What’s the most comparable Vanguard ETF to VTI for TLH?
Replies: 7
Views: 580

What’s the most comparable Vanguard ETF to VTI for TLH?

I want to TLH my VTI (Vanguard Total Stock Market ETF) shares. What’s the most comparable Vanguard ETF to exchange into? Is it VV (Vanguard Large-Cap Index ETF)? My understanding is I would need to wait for at least 30 days to exchange back into VTI, right? Should VV track pretty much exactly along ...
by Gufomel
Thu Dec 13, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: [Robinhood to offer 3% cash management program, not a bank account]
Replies: 153
Views: 12471

Re: Robinhood to launch 3% Checking & Savings Accounts

interesting how people are upset about app v desktop. my wife hasnt had a computer in years and mine if often duplicative for everything but word processing. We don't use smartphones at all. They are useless to us, and the recurring and one-time costs extremely expensive. Also, doing financial tran...
by Gufomel
Sat Mar 24, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How does it make sense to buy a condo/house in Texas?
Replies: 97
Views: 13649

Re: How does it make sense to buy a condo/house in Texas?

You’re comparing a $300k home to a $500-700 per month rental? I’m not sure what city in Texas you’re referring to, but if $300k is an average middle-class home in that area, then a place that you can rent for $500-700 per month would be an absolute dump of an apartment. Probably 800 square feet, 60 ...
by Gufomel
Mon Mar 05, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting: Is "saving" for future large expenses classified as savings?
Replies: 35
Views: 1994

Re: Budgeting: Is "saving" for future large expenses classified as savings?

Cars should only be counted in net worth for purposes of computing federal or state death taxes. Otherwise they are depreciating assets that will be worth near zero in less than 10 years. Cars are an expense, pure consumption Agree and disagree. If you're closely tracking you're net worth, I think ...
by Gufomel
Mon Mar 05, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting: Is "saving" for future large expenses classified as savings?
Replies: 35
Views: 1994

Re: Budgeting: Is "saving" for future large expenses classified as savings?

Cars should only be counted in net worth for purposes of computing federal or state death taxes. Otherwise they are depreciating assets that will be worth near zero in less than 10 years. Cars are an expense, pure consumption Agree and disagree. If you're closely tracking you're net worth, I think ...
by Gufomel
Mon Mar 05, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting: Is "saving" for future large expenses classified as savings?
Replies: 35
Views: 1994

Re: Budgeting: Is "saving" for future large expenses classified as savings?

You ask a good question. I would consider retirement savings or non-earmarked savings as true "savings." For money socked away for non-monthly but recurring things like maintenance or buying a car, I would count them as expenses, and you're socking funds away on the months you don't have ...
by Gufomel
Mon Mar 05, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting: Is "saving" for future large expenses classified as savings?
Replies: 35
Views: 1994

Re: Budgeting: Is "saving" for future large expenses classified as savings?

As asked in the title, is "saving" for future large expenses (car purchase, new roof, etc) classified as savings when looking at your budget category percentages? As long as you account for both the savings and the expected large expenses, it's perfectly reasonable. There are no free lunc...
by Gufomel
Mon Mar 05, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting: Is "saving" for future large expenses classified as savings?
Replies: 35
Views: 1994

Budgeting: Is "saving" for future large expenses classified as savings?

As asked in the title, is "saving" for future large expenses (car purchase, new roof, etc) classified as savings when looking at your budget category percentages? I'm primarily asking this question to people who keep a written budget. But even people who don't keep a strict budget will oft...