Search found 84 matches

by Bhairston2018
Wed Feb 13, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: 401k loan to pay off debt?
Replies: 45
Views: 3568

Re: 401k loan to pay off debt?

I would just buckle down. I feel like robbing Paul to pay Peter isn’t justifiable. I would suggest focusing on getting rid of the high interest rate loans (cc first). Ultimately up to you though! Good luck :sharebeer
by Bhairston2018
Wed Jan 16, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63251

Re: John Bogle is dead at 89

Thank you for everything
by Bhairston2018
Wed Jan 16, 2019 7:00 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 63251

RIP JACK BOGLE

Just read the news this is really sad. Long live Bogleheads
by Bhairston2018
Wed Dec 05, 2018 2:25 pm
Forum: Personal Investments
Topic: Schwab user. Where should I put my Emergency Fund?
Replies: 35
Views: 6106

Re: Schwab user. Where should I put my Emergency Fund?

isira wrote: Wed Dec 05, 2018 1:24 am If you want to keep everything at Schwab, one of the money market funds would be fine. SWVXX is currently 2.14%.
+1
by Bhairston2018
Wed Nov 14, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 6
Views: 842

Re: HSA question

My HSA provider is PayFlex. They have multiple vanguard, Schwab and fidelity funds but I haven’t determined which one to go with yet. I just signed up for this year’s open enrollment. I think the first place to start would be comparing your employers health insurances. For me, my Health reimbursable...
by Bhairston2018
Wed Nov 14, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 6
Views: 842

Re: HSA question

Great thanks for the advice
by Bhairston2018
Tue Nov 13, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: HSA question
Replies: 6
Views: 842

HSA question

Hi all, I’m debating between a HRA and HSA at work. Deductible is cheaper for HSA and the premium per paycheck is significantly cheaper for the HSA. My question is, are prescription antibiotics usually allowable for reimbursement with HSAs? I shouldn’t have an issue meeting the deductible and do pla...
by Bhairston2018
Mon Nov 05, 2018 8:34 am
Forum: Personal Investments
Topic: Rollover question?
Replies: 2
Views: 265

Re: Rollover question?

Ok that makes sense. Charles Schwab stated I could do it online by creating a rollover Roth account and then entering the vanguard account information on their website and then they handle the transfer.

I’ll follow up to make sure it’s custodian to custodian

Thanks !
by Bhairston2018
Mon Nov 05, 2018 7:37 am
Forum: Personal Investments
Topic: Rollover question?
Replies: 2
Views: 265

Rollover question?

I currently have my Roth at vanguard and my checking and taxable at CS. I’m looking into consolidating and rolling everything over to CS. My vanguard Roth is a target date fund. My question is, will there be any tax implications of rolling over my Roth to CS since i’d Have to sell the shares from va...
by Bhairston2018
Fri Nov 02, 2018 6:37 am
Forum: Personal Investments
Topic: Looking to buy a house in ~3-4 years - where to put money?
Replies: 8
Views: 1344

Re: Looking to buy a house in ~3-4 years - where to put money?

I’m currently saving for a house as well. Anything under 5 years should not be invested. Vanguard Prime money market is yielding 2.2% . You could also invest in short term treasuries or CDs. The issue with investing in the equities is 1. Paying taxes on capital gains and 2. If you invest for example...
by Bhairston2018
Wed Oct 31, 2018 6:47 pm
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

Congratulations on getting a solid early start to thinking about retirement. We started out in our early 20's as well. If you can manage to live debt free it delivers an amazing life style. After paying off each house and rolling the proceeds into our next house and paying that off ASAP we found ou...
by Bhairston2018
Wed Oct 31, 2018 6:45 pm
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

I don’t think I’m uncomfortable now with saving. With my savings rate and no debt, I am able to still save about 700 a month after expenses and discretionary “fun money”. I could probably bump up to 20% 403B and then get the 5.5% match and the Roth would put me around 35%-40% including general savi...
by Bhairston2018
Wed Oct 31, 2018 5:37 pm
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

ExitStageLeft wrote: Wed Oct 31, 2018 5:07 pm
Bhairston2018 wrote: Wed Oct 31, 2018 5:02 pm ...
Employer match goes up to 6.5% - my company does 1.5% match and a discretionary 5% after 5 years vested. I don’t see their amount of 5% changing any time soon
Will the employer match increase if you increase your contribution?
No I don’t think so. It’s 1.5% of your salary.
by Bhairston2018
Wed Oct 31, 2018 5:05 pm
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

I'd say aim for 50%. When you're young, it's easiest to achieve this. People expect you to cut corners and live as frugally as possible. Since your peers are also living frugally, you're not necessarily going to miss out Sorry to be a party pooper but I will add my +1 to this. 1) You are young. Due...
by Bhairston2018
Wed Oct 31, 2018 5:02 pm
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

Great work saving! Does the employer match stop at 5.5 percent? If not, you should reduce your Roth savings to get the max out of the employer match. You didn't mention an emergency fund. If you don't have one, that should be a priority too. Employer match goes up to 6.5% - my company does 1.5% mat...
by Bhairston2018
Wed Oct 31, 2018 4:57 pm
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

I have 11k in savings right now for an emergency fund (would only need about 8500 for 6 months emergency). I recently switched fields so I took a pay cut to do that but I expect once I get some experience under my belt the door for higher paying jobs should open up. In regards to contribution, I exp...
by Bhairston2018
Wed Oct 31, 2018 10:50 am
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

Re: How much for retirement ?

What % should I aim for if I am unable to max out my 403B retirement? Current age 26 Salary 52k Investing 11% Match 5.5% 2018 Roth maxed out I’ve seen threads that state 15% should be invested, does that include match or should that be before match? Thanks :sharebeer In my opinion your contribution...
by Bhairston2018
Wed Oct 31, 2018 10:00 am
Forum: Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2611

How much for retirement ?

What % should I aim for if I am unable to max out my 403B retirement?

Current age 26
Salary 52k
Investing 11%
Match 5.5%
2018 Roth maxed out

I’ve seen threads that state 15% should be invested, does that include match or should that be before match?

Thanks :sharebeer
by Bhairston2018
Sat Oct 13, 2018 11:56 am
Forum: Personal Investments
Topic: new Boglehead, ETF question
Replies: 7
Views: 1019

Re: new BOGLEHEAD, ETF question

Hi and welcome to the forum :sharebeer Can you provide more information? Age, how much you’re moving to vanguard, IRA or taxable account, do you have a work 401k? I’d also suggest reading up on a few educational pieces regarding the boglehead mentality : https://www.bogleheads.org/wiki/Bogleheads®_i...
by Bhairston2018
Fri Oct 12, 2018 11:02 pm
Forum: Personal Investments
Topic: Chase Roth IRA or Vanguard Roth IRA
Replies: 5
Views: 1169

Re: Chase Roth IRA or Vanguard Roth IRA

Vanguard or other brokerages with low-ER funds for investing. Banks are fine for cash-type savings, CDs, etc, not investing. https://www.consumerreports.org/personal-investing/what-to-know-about-the-new-free-investing-services/ +1 I’d open with vanguard, who is certain to have lower fees than Chase...
by Bhairston2018
Fri Oct 12, 2018 10:46 pm
Forum: Personal Investments
Topic: Help picking Broker
Replies: 8
Views: 1212

Re: Help picking Broker

A few things to add: TLH won’t affect your Roth, just your taxable account. I have accounts with vanguard and Charles Schwab. If I were to buy vanguard mutual funds at CS, there will be a fee for every purchase (i.e., buying vanguard mutual funds = $76 fee). If you were to choose CS, i’d suggest sti...
by Bhairston2018
Sun Oct 07, 2018 6:24 am
Forum: Personal Finance (Not Investing)
Topic: [Ally online savings now at 2.20%]
Replies: 285
Views: 54404

Re: [Ally online savings now at 1.80%]

I just opened Charles Schwab investor checking. Has anyone here ever used Charles Schwab CDs? Their website shows CD rates UP TO the following: 3 months - 2.167% 6 months - 2.313% 9 months - 2.357% 1 year - 2.6% 2 years - 2.950% 3 years - 3.1% Currently the purchased money market fund SWVXX is yield...
by Bhairston2018
Thu Oct 04, 2018 3:31 pm
Forum: Personal Investments
Topic: If you had to choose...
Replies: 7
Views: 927

If you had to choose...

Warren Buffet has been on record as being an advocate for the S&P index fund...with that being said, what fund would you choose if you could only pick one?
by Bhairston2018
Thu Oct 04, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 no beneficiary option
Replies: 41
Views: 9920

Re: Capital One 360 no beneficiary option

Wow I would definitely be moving funds after that. I just transferred all my funds to Charles Schwab and am now just using their investor checking and their money market SWVXX. I called Cap One and was on hold for information on the beneficiary setup for a while until I eventually hung up. So far, C...
by Bhairston2018
Mon Oct 01, 2018 8:46 pm
Forum: Personal Investments
Topic: Investor Shares (SWVXX) Vs Prime Money Market?
Replies: 3
Views: 1537

Investor Shares (SWVXX) Vs Prime Money Market?

Is Schwab’s money market similar to the prime money market? I know Prime is yielding a little higher but are there any other significant differences between these two? I see the SWVXX has a higher fee but does that really impact the overall yield since the yield is post fee?
by Bhairston2018
Mon Oct 01, 2018 3:17 pm
Forum: Personal Investments
Topic: Where to keep emergency fund?
Replies: 15
Views: 1682

Re: Where to keep emergency fund?

How much of the 35000 is your emergency fund? All of it?
by Bhairston2018
Fri Sep 21, 2018 6:16 pm
Forum: Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 2302

Re: CIT vs. ALLY vs. 360

Don’t really see a point of moving funds based on name recognition. Do you feel a less notable reputation may indicate bad banking practices ? That's sort of what I was thinking, or safety. I'm erring on the safety side primarily because I've been a credit union member since the beginning of time w...
by Bhairston2018
Fri Sep 21, 2018 2:42 pm
Forum: Personal Investments
Topic: Fidelity, Charles Schwab, TD, Other?
Replies: 1
Views: 348

Fidelity, Charles Schwab, TD, Other?

My fiancé and I currently have our Roth IRAs with Vanguard. I was looking to open another brokerage account just so we don't have all of our money at one entity. Any suggestions on who would be good to go with for a second option?
by Bhairston2018
Fri Sep 21, 2018 1:52 pm
Forum: Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 2302

Re: CIT vs. ALLY vs. 360

Don’t really see a point of moving funds based on name recognition. Do you feel a less notable reputation may indicate bad banking practices ?
by Bhairston2018
Tue Aug 21, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 75
Views: 7845

Re: Would you trust Chase with your investments?

(You mean "JPMorgan Chase," right?) Eh, what do you mean, trust? Trust them to obey SEC and FINRA regulations and not literally, outright just-plain steal my money (a la Madoff?) Yes. I would. I really would. Just as I would trust Edward Jones, or Wellstrade, or the little office in the l...
by Bhairston2018
Tue Aug 21, 2018 7:04 am
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 75
Views: 7845

You Invest from JP Morgan [free trades offer]

[Thread merged into here, see below. --admin LadyGeek] Saw this article on CNBC. Chase is about to lob a grenade into the investing arena, offering up to 100 trades for free in year 1 on their new investment app within the Chase app. They’ll offer Vanguard ETFs also. Personally, I wouldn’t trust Ch...
by Bhairston2018
Thu Aug 16, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate per month???
Replies: 68
Views: 6710

Savings rate per month???

26
51,500
15% retirement with 5.5% match
25-30% take home depending on the month

Just interested in hearing some others savings rates?
by Bhairston2018
Thu Aug 02, 2018 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: First Home, quadplex???
Replies: 15
Views: 1815

Re: First Home, quadplex???

This is all great advice I’ll look into those books this weekend !
by Bhairston2018
Tue Jul 31, 2018 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: First Home, quadplex???
Replies: 15
Views: 1815

Re: First Home, quadplex???

I’ll look into bigger pockets! she’s said she’s okay with it. Right now we’re sitting with about 30k in savings, going to try and beef that up to have 50k in savings and then look to find a property. Thanks for the input !
by Bhairston2018
Tue Jul 31, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: First Home, quadplex???
Replies: 15
Views: 1815

First Home, quadplex???

27 Wife -24 Gross 100k (55/45) Debt free Columbus, OH Have discussed buying a quadplex for first home and renting out the other units to basically pay for the mortgage and create cash flow. Haven’t dug deep into actual budget for buying yet but looking to get into real estate and have been reading a...
by Bhairston2018
Tue Jul 17, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5135
Views: 968267

Re: What's Your Credit Card Rewards Strategy?

Apologies, typo I have he preferred not the reserve - and also, I’ve had many friends use Scott’s cheap flights and I’ve found them to be useful also, so that’s where I find most of my deals regarding airfare. OK, so 2X instead of 3X on travel and dining... I would still put those expenses on the C...
by Bhairston2018
Tue Jul 17, 2018 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5135
Views: 968267

Re: What's Your Credit Card Rewards Strategy?

Earn 4x at Hyatt hotels (including participating restaurants and spas) Earn 2x on local transit and commuting, including taxis, mass transit, tolls and ride-share services Earn 2x at restaurants, cafes, and coffee shops Earn 2x on airline tickets purchased directly from an airline Earn 2x on fitnes...
by Bhairston2018
Tue Jul 17, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5135
Views: 968267

Re: What's Your Credit Card Rewards Strategy?

Just applied for World of Hyatt credit card. Benefits pasted below for sign up bonus : Earn 60,000 Hyatt points: earn 40,000 points after you spend $3,000 on purchases within the first 3 months plus an additional 20,000 points after you spend $6,000 total in the first 6 months 1 free night at catego...
by Bhairston2018
Mon Jul 16, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 no beneficiary option
Replies: 41
Views: 9920

Re: Capital One 360 no beneficiary option

This is good information! Thanks !
by Bhairston2018
Fri Jul 06, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.85 [Money Market Rate To 1.85% APY]
Replies: 57
Views: 9545

Re: Capital One now at 1.60 [Money Market Rate To 1.60% APY]

Switched from Cap One bc they don’t offer a beneficiary option. Should note that Vanguard Prime Money Market is yielding 2.04% as of close today. Not FDIC insured thought if that’s really important. A Note from the prospectus “ Vanguard Prime Money Market Fund seeks to provide current income and pre...
by Bhairston2018
Tue Jul 03, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 no beneficiary option
Replies: 41
Views: 9920

Re: Capital One 360 no beneficiary option

Exactly. I ended up moving my funds to Vanguard Prime Money Market which holds my emergency fund. I asked for a time frame from capital one on the beneficiary issue and they said as soon as possible. I read online that banks don’t have to provide the beneficiary option and some don’t because of the ...
by Bhairston2018
Thu Jun 14, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 no beneficiary option
Replies: 41
Views: 9920

Re: Capital One 360 no beneficiary option

I’ve had cap 1 for about 2 years now, I asked over a year ago and they said they are reviewing the possibility. I closed out my accounts shortly after this thread and my credit card is the only thing with cap 1 now. Looking into Ally or Discover. :sharebeer
by Bhairston2018
Tue Jun 05, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: HRA vs HSA ???
Replies: 7
Views: 855

Re: HRA vs HSA ???

Thanks for the responses ! I will switch over come open enrollment
by Bhairston2018
Tue Jun 05, 2018 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: HRA vs HSA ???
Replies: 7
Views: 855

HRA vs HSA ???

Hi all, Salary 51,500 15% into retirement Roth fully funded I’m 26, single and healthy. I am currently enrolled in my companies HRA. I’ve been looking at the numbers and I feel it’s probably more beneficial to enroll in the HSA come open enrollment. Any suggestions you have would be greatly apprecia...
by Bhairston2018
Mon Apr 30, 2018 6:51 am
Forum: Personal Investments
Topic: Money Market Accounts
Replies: 34
Views: 4723

Re: Money Market Accounts

Stumbled upon this post, and thought I should note the Capital One 360 savings and MM accounts do not offer beneficiary options. I moved my money to vanguard Prime Money Market for this reason. I wouldn’t want to have a loved one go through probate court and jump through hoops due to my financial in...
by Bhairston2018
Thu Apr 26, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund done, now what?
Replies: 9
Views: 1107

Re: Emergency fund done, now what?

Ok appreciate the advice !
by Bhairston2018
Thu Apr 26, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund done, now what?
Replies: 9
Views: 1107

Re: Emergency fund done, now what?

I believe buying a house in the next 3-4 years is my goal.

In terms of bond investments are there suggestions for which bond investments would be best for short term. Obviously I will do my research but can you provide a good base on where to start ?
by Bhairston2018
Thu Apr 26, 2018 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund done, now what?
Replies: 9
Views: 1107

Re: Emergency fund done, now what?

My current car is a 2016. It’s paid off with a windfall I received earlier this year. Would the prime money market account work for a taxable account ?
by Bhairston2018
Thu Apr 26, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund done, now what?
Replies: 9
Views: 1107

Emergency fund done, now what?

Im 26 Salary: $51,500 Ef: $9k in Prime Money Market Recently Debt free as of this year 403B: $9500 Roth: $5500 Disposable income at the end of each month : $500-600. Currently investing 15% in a vanguard target date fund (2060) at work in my 403B, expense ratio .10 and my employer contributes 5.5% t...