Search found 287 matches

by TheHouse7
Thu Jul 27, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: 100% Stock Portfolio For Late Starter?
Replies: 35
Views: 3460

Re: 100% Stock Portfolio For Late Starter?

Don't do it. From a analytical point I think one should have 20% to 30% in bonds, but I will concede that there are valid points for discussion here. I am more concerned about your willingness to take risk. I am assuming this is your first major equity investment. I have seen too many late starters...
by TheHouse7
Wed Jul 26, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 8212

Re: Post Nuptial agreement guaranteeing alimony?

Perhaps working with a marriage counselor sooner rather than later would be a good idea? This comes up in every single thread on these topics but it never ceases to be condescending and off-topic, especially when you know virtually nothing about the people involved. As a rule of thumb in forums it ...
by TheHouse7
Wed Jul 26, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Critique my assumptions in buy vs. rent analysis
Replies: 19
Views: 1735

Re: Critique my assumptions in buy vs. rent analysis

Since this has come up, I thought I should mention that being unmarried isn't due to a lack of commitment. I didn't want to go too deeply into this, but some people seem to see the marital status as a red flag. We've been together for quite awhile, and the idea of getting married has come up, but w...
by TheHouse7
Wed Jul 26, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Critique my assumptions in buy vs. rent analysis
Replies: 19
Views: 1735

Re: Critique my assumptions in buy vs. rent analysis

... My girlfriend doesn't mind living in a small space and doesn't want to give up the prime location or the amenities she's used to (gym, doorman, dishwasher, laundry in unit, etc.)... Forget all the numbers. A happy girlfriend makes a happy household. 497 square feet is a spacious apartment in ma...
by TheHouse7
Mon Jul 24, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Order of Operations (Retirement, Loans, Emergency Fund)
Replies: 25
Views: 2034

Re: Order of Operations (Retirement, Loans, Emergency Fund)

Up to match in 401k
Emergency fund
Roth max
Debt paid off
401k max or other savings goals
by TheHouse7
Mon Jul 24, 2017 5:50 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 12282

Re: % bogleheads of overall population

Us Gen Xers know we can't rely on pensions, SS is a roll of the dice, and then there is inflation... $1M aint' what it used to be. I'd like to hit $3M, but anything over $2M might entice me to leave the rat race. This stat doesn't surprise me at all. My inlaws were talking about winning the lottery...
by TheHouse7
Mon Jul 24, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: making a first time home purchase w/ other debts
Replies: 14
Views: 1259

Re: making a first time home purchase w/ other debts

Drop your down savings on your credit card. Then consider 20% down on a conventional loan. Your rise in income over the next 2 years will resolve "market fever". By then there may even be a correction. :?
by TheHouse7
Sat Jul 22, 2017 12:10 am
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 10202

Re: Anyone else extremely frugal?

Yeah, I'm wearing the same shirts I started dating my wife in. Same shoes issues. I really enjoy paying for others tabs/ getting people gifts that are a little over the top for our age (late 20's). Enjoy your super power and show up with a half gallon of the good stuff to your friends weddings! :beer
by TheHouse7
Fri Jul 21, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: simplicity vs chasing bonuses
Replies: 29
Views: 3039

Re: simplicity vs chasing bonuses

Simplicity is the key to this forum. I have yet to read of the many people on here retired/FI off of rewards from financial products.

Speaking of which I will now take a break from this forum. :beer
by TheHouse7
Fri Jul 21, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Eliminate 0% CC balance?
Replies: 30
Views: 2834

Re: Eliminate 0% CC balance?

Pay it off and never think of it again. :sharebeer
by TheHouse7
Fri Jul 21, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Young invester- building my portfolio
Replies: 12
Views: 1261

Re: Young invester- building my portfolio

I strongly recommend looking at your immediate time horizon 0-7 years: 1. Education (completed, debt, career goals)? 2. Car? 3. Marriage? 4. Down payment on a house? At your stage staying out of debt pitfalls may be the best move. A degree in the right field may pay :moneybag better than investment ...
by TheHouse7
Fri Jul 21, 2017 9:56 am
Forum: Investing - Theory, News & General
Topic: Advise to mass distribute (Dave?)
Replies: 8
Views: 611

Re: Advise to mass distribute (Dave Ramsey?)

lostdog wrote:Boglehead posts show mostly at the top of Google searches. I am pretty sure he has been here to read some of "Dave Ramsey" posts.
I love paranoia when it comes to such a positive topic, I almost considered not have his name in the title or subject post. :D
by TheHouse7
Fri Jul 21, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 52
Views: 4418

Re: Investing well for Retirement can be frustrating

When I witness all kinds of out of control spending on things I would like to have. Then I do the research on how much people really have for retirement for my age group :oops:
by TheHouse7
Fri Jul 21, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Advise to mass distribute (Dave?)
Replies: 8
Views: 611

Advise to mass distribute (Dave?)

We plan on going on the dave show to do our debt free scream in the next couple of months. He always asks: What would you say is the key to getting out of debt? (We paid off our house at 30 years old.) My first thoughts are: 1. Get your spouse on the same page. 2. Read about how to handle windfalls....
by TheHouse7
Fri Jul 21, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Help with Amortization Schedule with Extra Payments
Replies: 33
Views: 3195

Re: Help with Amortization Schedule with Extra Payments

I have a very good excel sheet, just Google variable principle payments.
by TheHouse7
Fri Jul 21, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Denver or Portland for a 2nd home
Replies: 66
Views: 6307

Re: Denver or Portland for a 2nd home

I would vote for Denver, because of the convenience of travel back home. I would put a lot more weight into time/hassle traveling vs time spent at your second home.

P.S. We live north of Bellingham, WA and we love the bays/islands/mountains/b.c.

:beer
by TheHouse7
Sat Jul 08, 2017 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: How are you a leader in personal finance?
Replies: 29
Views: 3728

Re: How are you a leader in personal finance?

I'm a leader by thinking that car costs are directly related to retirement savings. :shock:
by TheHouse7
Thu May 25, 2017 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Almost 30 - where do I start with my IRA?
Replies: 8
Views: 1072

Re: Almost 30 - where do I start with my IRA?

Start with https://portfoliocharts.com/2016/07/25/ ... tion-plan/, the correction isn't coming, and come up with your own ISP&Asset Allocation
by TheHouse7
Thu May 18, 2017 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for 34 years old
Replies: 8
Views: 1057

Re: Asset allocation for 34 years old

I went through a ton of research that your doing and still went with the 3 fund portfolio. I'm 30 with 40+ more years to go hopefully.

It is easier, cheaper and less risky than what you are proposing. (VTI,VXUS, BND) :beer
by TheHouse7
Wed May 03, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg
Replies: 94
Views: 13889

Re: Ted Seides "Why I lost My Bet With Warren Buffett" - Bloomberg

Seems to me the hedge funds should have easily won under this scenario with the market crash at the beginning of the race if they can handle bear markets so much better than the S&P 500. :confused
by TheHouse7
Thu Apr 27, 2017 8:18 am
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 53
Views: 6299

Re: When does it make sense to start paying down (or off) a low rate mortgage?

I think it is really interesting how some don't consider debt as risk. Probably ringing their hands about their AA bonds/stocks for the next downturn while they make a 1-3% spread on their investments off what could be paying down debt. The costs are guaranteed in your loan; the gains from investmen...
by TheHouse7
Wed Apr 26, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage, need help with financial considerations (15 vs. 30 year)
Replies: 24
Views: 2588

Re: First Mortgage, need help with financial considerations (15 vs. 30 year)

Tamarind wrote:I would do the 15-year....actually I did, with basically identical value, loan amount etc. I had much lower income at the time, and it was tough, but it's so nice now to realize I'll be done with the mortgage in just 8 years.
+1
by TheHouse7
Sat Apr 08, 2017 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting, job choices
Replies: 17
Views: 1545

Re: Budgeting, job choices

Congratz on the income! Sounds like you make more than you spend. I will highly recommend Dave Ramsey's Financial Peace University. You could wipe out your debt fast with your wife on board, but I don't know how easy it will be for you to convince her to go 1 night a week for 2 months. The key is ge...
by TheHouse7
Thu Apr 06, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 30153

Re: Low-earners- What is your profession?

Age: 29

Chemical service tech in an oil refinery.

Wife has been in branch banking for to long.

No kids yet :-?

Tortoise always wins. :beer
by TheHouse7
Wed Mar 22, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: How Do I Do More?
Replies: 17
Views: 2214

Re: How do I do more?

Your doing great! 1. Make sure you have 3-6 months of living expenses in a "rainy day fund"(savings account/money market). 2. Invest additional after tax money in a total stock market index for future big purchases(down payment, car replacement, wedding expense?) 3. Don't forget to balance life with...
by TheHouse7
Thu Mar 16, 2017 8:25 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) Traditional vs Roth
Replies: 26
Views: 2286

Re: 401(k) Traditional vs Roth

lazydavid wrote:
monsterid wrote:Traditional
+1
+1 :beer
by TheHouse7
Sat Mar 04, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Seems Dave Ramsey is right about debt
Replies: 55
Views: 12185

Re: Seems Dave Ramsey is right about debt

Dave Ramsey has a completely different audience than Bogleheads. We've already established that the BH way is not the norm. Most people in this country would indeed benefit from the DR approach to handling money. Once you graduate from DR, then you're ready for BH. Ramsey helps you get out of debt,...
by TheHouse7
Sun Feb 19, 2017 5:28 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance - advice
Replies: 9
Views: 1910

Re: Inheritance - advice

I plan on gifting 30k to my mother <snip> Can I write her a check without worry of her or I incurring any unforeseen tax? I am not going to lump sum it over, but instead planned a 2k a month for 15 months or something along those lines. You can give $14K per person per year without any tax filings....
by TheHouse7
Wed Feb 15, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 9690

Re: Credit cards vs. Cash

Debit cards all the way, all the same convenience without owing anyone ever. It has nothing to do with how much discipline you have, if you don't have a credit card you can't be late/pay interest on a debt. :oops: I use to think cc rewards were the best, until I started thinking about where the rewa...
by TheHouse7
Tue Feb 14, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads not the norm?
Replies: 116
Views: 12726

Re: Bogleheads not the norm?

It's a self-selecting group. If you are here and even thinking about saving and reducing debt, chances are you are on the right side of the bell curve. :happy I started with Dave Ramsey's getting out of debt program and found this site through more research into investment strategy(reading). I don't...
by TheHouse7
Fri Jan 13, 2017 8:18 am
Forum: Investing - Theory, News & General
Topic: Vanguard Admiral Shares
Replies: 4
Views: 903

Vanguard Admiral Shares

Simple question: Why are total returns since inception on the Vanguard web site so poor for these? VTSAX : 5.85% VTIAX : 2.99% VBTLX: 4.24% I would like to start my lazy investment strategy, but the numbers are making me under confident compared to the rest of their funds. I understand it may be the...
by TheHouse7
Fri Jan 13, 2017 6:49 am
Forum: Investing - Help with Personal Investments
Topic: 100% Stock or Bust?
Replies: 17
Views: 2338

Re: 100% Stock or Bust?

ValueThinker-

Do you think I would be better off with a Total Index like VTI for all US stock?

If I decide to go 20% bonds, should it be simple (BND) or 10% BND/10% TIPS?

Should I get bent out of shape with the dollar being so overvalued right now?
by TheHouse7
Fri Jan 13, 2017 6:37 am
Forum: Investing - Help with Personal Investments
Topic: 100% Stock or Bust?
Replies: 17
Views: 2338

Re: 100% Stock or Bust?

Thank you so much for your reply! I have read common sense. :happy and the little book along with bogleheads guide; and just got the retirement guide. We aren't dealing with that much (60k) in our accounts yet, but plan on averaging 30k+ per year into these accounts for the next 20 years. The bond a...
by TheHouse7
Fri Jan 13, 2017 3:08 am
Forum: Investing - Help with Personal Investments
Topic: 100% Stock or Bust?
Replies: 17
Views: 2338

100% Stock or Bust?

I'm very new to the forum and have been creeping for the past couple of days. I have read plenty of books on personal finance and have followed Dave Ramsey's plan on getting out of debt for the last year. I am 29 years old / married / no kids, and plan on paying off my house in the next 10 months. W...
by TheHouse7
Fri Jan 13, 2017 2:52 am
Forum: Investing - Help with Personal Investments
Topic: Tight Budget Noobie help with Retirement
Replies: 31
Views: 2316

Re: Tight Budget Noobie help with Retirement

Please consider saving more of an EF before putting 10% down on your house. Your budget is not prioritizing anything. I'm sure short term disability is not needed if you had an emergency fund. Temporarily stop retirement saving as much as possible to clean up your consumer debt.