Search found 257 matches

by JS-Elcano
Wed Apr 14, 2021 2:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14660
Views: 1127483

Re: U.S. stocks continue to soar!

It appears that someone is not working out hard enough at the gym today! :annoyed was there an announcement or some news that made the SP500 drop 0.5% in a few minutes? Bernie Madoff passed away? That was known earlier this morning already. The dropoff happened between 1:50 and 2:09 PM. Just seemed...
by JS-Elcano
Wed Apr 14, 2021 1:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14660
Views: 1127483

Re: U.S. stocks continue to soar!

rchmx1 wrote: Wed Apr 14, 2021 1:08 pm It appears that someone is not working out hard enough at the gym today! :annoyed
was there an announcement or some news that made the SP500 drop 0.5% in a few minutes?
by JS-Elcano
Wed Apr 14, 2021 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Unknown phone numbers on credit reports?
Replies: 13
Views: 1247

Re: Unknown phone numbers on credit reports?

Is it possible you ever did a cable/tv/phone bundle in the past? We did this with out internet company and the VOIP number they gave us and we never even used shows up. That would make sense, but haven't bundled anything in the past 6 years. I don't have cable or TV, and my mobile phone and interne...
by JS-Elcano
Wed Apr 14, 2021 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Unknown phone numbers on credit reports?
Replies: 13
Views: 1247

Unknown phone numbers on credit reports?

Today, I obtained the free credit reports from the three largest consumer credit reporting agencies. I do this once a year around this time. There was never anything suspicious in the past, but today I found two telephone numbers that I don't recognize on two of my reports. My correct phone numbers ...
by JS-Elcano
Tue Apr 13, 2021 10:52 am
Forum: Personal Investments
Topic: Multiple years of expenses in cash when starting retirement
Replies: 104
Views: 8127

Re: Multiple years of expenses in cash when starting retirement

KlangFool wrote: Tue Apr 13, 2021 10:28 am
JS-Elcano wrote: Tue Apr 13, 2021 10:23 am Where do you buy the gold and silver?
https://www.jmbullion.com/

KlangFool
Thank you!
by JS-Elcano
Tue Apr 13, 2021 10:23 am
Forum: Personal Investments
Topic: Multiple years of expenses in cash when starting retirement
Replies: 104
Views: 8127

Re: Multiple years of expenses in cash when starting retirement

OP, 1) I keep 3 years in CASH for tax management purposes. I need the ACA insurance subsidy until I am old enough for MEDICARE. I am on COBRA last year and this year. 2) My portfolio target is 1.5 million. My annual expense is 60K. I am slowly de-risking my portfolio Phase 1 A) When the portfolio g...
by JS-Elcano
Tue Apr 13, 2021 10:14 am
Forum: Personal Consumer Issues
Topic: Bird Repellent Methods
Replies: 15
Views: 1117

Re: Bird Repellent Methods

I have a seasonal bird "problem" when they are attracted to ripening tomatoes and peaches. I hang old CDs and DVDs in the trees and around the tomato plants. Costs nothing. Maybe not be the most aesthetically pleasing solution, but it works great, especially in the tomatoes.
by JS-Elcano
Mon Apr 12, 2021 7:25 pm
Forum: Personal Consumer Issues
Topic: shiplap for bathroom accent wall (what type of board?)
Replies: 9
Views: 879

Re: shiplap for bathroom accent wall (what type of board?)

I would not do any wood in a bathroom, especially not behind the vanity where it can get wet. And yet, nearly every bathroom vanity I have seen is made of wood along with most window/door trim and most hold up well with time. The caveat is that they have finish on the side exposed to moisture. Agre...
by JS-Elcano
Mon Apr 12, 2021 1:01 pm
Forum: Investing - Theory, News & General
Topic: [Is it a good time to buy I bonds?]
Replies: 63
Views: 942

Re: I Bonds

I am considering buying savings bonds, too. I was thinking to go with EE bonds as they are guaranteed to double in 20 years, which is a ~3.5% annual interest rate. I bonds don't have that guarantee, so are people favoring I bonds because they assume that inflation will be substantial and they will ...
by JS-Elcano
Mon Apr 12, 2021 12:41 pm
Forum: Investing - Theory, News & General
Topic: [Is it a good time to buy I bonds?]
Replies: 63
Views: 942

Re: I Bonds

I am considering buying savings bonds, too. I was thinking to go with EE bonds as they are guaranteed to double in 20 years, which is a ~3.5% annual interest rate. I bonds don't have that guarantee, so are people favoring I bonds because they assume that inflation will be substantial and they will g...
by JS-Elcano
Mon Apr 12, 2021 12:14 pm
Forum: Personal Consumer Issues
Topic: shiplap for bathroom accent wall (what type of board?)
Replies: 9
Views: 879

Re: shiplap for bathroom accent wall (what type of board?)

I would not do any wood in a bathroom, especially not behind the vanity where it can get wet. To me, wood in a bathroom is like carpet in a bathroom. I recently renovated a bathroom and tiled the entire wall that has the vanity from floor to ceiling. Love it. No need for a backsplash, less nooks and...
by JS-Elcano
Sun Apr 11, 2021 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Anxiety about the future
Replies: 57
Views: 6479

Re: Anxiety about the future

Are you just blowing off steam or should you be looking for a therapist or professional/career coach? The whitecoat investor dot com group might be a place to check out a peer group. Yeah it's funny how negative all the doctor forums recently have gotten. It's a pretty prevalent sentiment right now...
by JS-Elcano
Fri Apr 09, 2021 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Tips to track monthly budget
Replies: 51
Views: 3724

Re: Tips to track monthly budget

In our case, we have 1 main credit card and some various 5% discount ones. All utility, tax and credit card bills are paid by 1 checking account. We can figure out how much we spent over the last 12 months by looking at tax, utility and credit card payments and divided by 12. That's 32000 ft level....
by JS-Elcano
Fri Apr 09, 2021 7:04 pm
Forum: Investing - Theory, News & General
Topic: FSMAX Shows 6% Loss Today?
Replies: 39
Views: 2517

Re: FSMAX Shows 6% Loss Today?

OK, it appears that a long-term capital gain of 5.288 was distributed today. That is enormous, but does explain it. I should have gone with ETFs in taxable - but this was purchased many years ago (before I really knew what I was doing). I had a similar shock with MSEGX not too long ago. It went up ...
by JS-Elcano
Thu Apr 08, 2021 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 132
Views: 12734

Re: Anyone else see drastic increase in Zillow value today?

Zillow is estimating our home to be worth about the same now as it was back in September, but I know that's not accurate. In fact, Zillow's estimate is probably at least 15% lower than our actual market value. Same here. Zillow has no idea what I have done to the inside of my house. It purely goes ...
by JS-Elcano
Thu Apr 08, 2021 4:51 pm
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7169

Re: How to lose the desire of outperforming the market?

GerryL wrote: Thu Apr 08, 2021 4:24 pm Jack Bogle wrote a little book titled "Enough." Read it.

I think the key is redefining what winning means to you. Many/most people seem to think winning means "more." Get to where you see winning as having "enough."
+1000
by JS-Elcano
Thu Apr 08, 2021 4:49 pm
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7169

Re: How to lose the desire of outperforming the market?

Hey BH community. Quick backstory: I'm 30 years old and started investing in November 2019. Had some bad luck with my timing (invested most of my assets at the peak back then), but it turned out quite fine. At the beginning I was convinced that SCV could boost my returns, so I added it right from t...
by JS-Elcano
Wed Apr 07, 2021 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20913

Re: How much do you spend annually in retirement?

We're retired, late 60s / early 70s, in a small town in the South, with a paid-off house. Last year we spent a total of about $53K, of which: $8K income tax (fed + state) $12K donations (charitable + political) $7K Medicare premiums $9K housing-related (utilities, property tax, insurance, maintenan...
by JS-Elcano
Tue Apr 06, 2021 11:26 pm
Forum: Personal Investments
Topic: Anxiety/Overthinking
Replies: 35
Views: 2730

Re: Anxiety/Overthinking

Will you keep buying bitcoin to keep it to 5% of your portfolio as you are investing more into the stock index funds? No. Every time I have money that I want to invest, I will take 5% of it and put it into BTC. I will never rebalance BTC. OK. Was just wondering if you will keep buying bitcoin going...
by JS-Elcano
Tue Apr 06, 2021 9:24 pm
Forum: Personal Investments
Topic: Anxiety/Overthinking
Replies: 35
Views: 2730

Re: Anxiety/Overthinking

Hi. I have a history of anxiety and tend to always overthink things. I cannot help but feel like I am not doing things optimally. I am 18 years old, will be studying engineering at a good school next year (no debt because my dad is amazing). I am currently 95% equities and 5% Bitcoin. I know that t...
by JS-Elcano
Tue Apr 06, 2021 5:10 pm
Forum: Personal Investments
Topic: Invest or Payoff mortgage
Replies: 29
Views: 2671

Re: Invest or Payoff mortgage

OP here, thank you all for your feedback so far. I am updating my post in the format which was recommended. Emergency funds: Cash 100 K Debt: only mortgage of primary and rental is the debt Primary mortgage: 490 K, 30 year, 2.75% (equity 55%) Rental: 30 K, 3.75%, 15 years ( equity 92%) Tax Filing S...
by JS-Elcano
Tue Apr 06, 2021 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 132
Views: 12734

Re: Anyone else see drastic increase in Zillow value today?

up 9.2% YTD (3.6% in the last week). Overall, nothing dramatic, but certainly very nice to see :happy
by JS-Elcano
Tue Apr 06, 2021 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20913

Re: How much do you spend annually in retirement?

I know that there are alot of variables such as cost of living but I am curious what people spend annually in retirement. My gut tells me that $50,000 annually would be living "high on the hog" assuming all debts are paid off. If anyone is willing to share I think it would be interesting....
by JS-Elcano
Tue Apr 06, 2021 9:11 am
Forum: Personal Consumer Issues
Topic: Carpenter ants in a window
Replies: 7
Views: 603

Re: Carpenter ants in a window

With some nicer weather, we've opened some rarely opened windows and I'm not sure what to do now. In one window on the second floor, there are carpenter ants (ants with wings) coming up from the bottom channel. If the window is closed, they do not come into the house. What is my next step in figuri...
by JS-Elcano
Fri Apr 02, 2021 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much in Taxes?
Replies: 55
Views: 6761

Re: Why do I owe so much in Taxes?

Hi all, I am trying to understand why each year on tax day I owe so much in taxes. I think I have a very straightforward tax return and do it myself using TurboTax each year. I report W2 income and that's pretty much all. On the 15th of each month I am paid based on my base salary of 200k. On the l...
by JS-Elcano
Fri Apr 02, 2021 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much in Taxes?
Replies: 55
Views: 6761

Re: Why do I owe so much in Taxes?

... Though I file head of household and have a dependent, on my W4 I am single with no dependents in an effort to reduce my withholding . Yet, each year at tax time I owe ~20k. ... Looks like you answered your own question. Your tax owed equals your tax liability minus tax withheld. You reduce with...
by JS-Elcano
Wed Mar 31, 2021 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Job Dilemma
Replies: 68
Views: 7383

Re: Job Dilema

I have a few potential job offers and would love to hear which one you'd go for. Background : Early 30s, Single income household, no kid (hoping for 1 in the next 5 years), 250K in student loan debt, 450K mortgage (primary + 1 rental), ~2M in assets. Net worth: 1.3M. FIRE #: 2.5M Job Opportunities ...
by JS-Elcano
Wed Mar 31, 2021 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5 mil house with 5 mil net worth, too much?
Replies: 74
Views: 8495

Re: 2.5 mil house with 5 mil net worth, too much?

I would if it was the cheapest house on the block. I am going through a huge liquidity cycle and downsizing big time. Having a ton of liquidity is empowering and relaxing. The ease of living in a rental house that is less than half the size of a house I am selling is liberating. No gardeners, pool ...
by JS-Elcano
Wed Mar 31, 2021 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5 mil house with 5 mil net worth, too much?
Replies: 74
Views: 8495

Re: 2.5 mil house with 5 mil net worth, too much?

Our family of 4 has outgrown our house. We are looking at getting a new place but real estate is crazy these days and we don't find anything that we like that is under 2.5 million. Our net worth, not counting the value of our current place is a little under 5 million and we are in our late 40s. Wit...
by JS-Elcano
Mon Mar 29, 2021 3:19 pm
Forum: Personal Consumer Issues
Topic: Bathroom Remodel
Replies: 45
Views: 2851

Re: Bathroom Remodel

This may be a bit of a loaded question, but I'd like to hear some opinions from the forum. I discovered this forum last year and so far the wealth of information has been amazing. Now for my question. Our house was built in 1984. We want to do a total remodel on the 5x8 master bath. The house was a...
by JS-Elcano
Thu Mar 25, 2021 11:36 am
Forum: Personal Consumer Issues
Topic: Help me DIY bath remodel
Replies: 51
Views: 2923

Re: Help me DIY bath remodel

Thanks - I was on build.com earlier and loaded a bunch of stuff for the project - I'll compare prices. I'm going for chrome as well and likely Miseno faucets. I did two bathroom remodels in the last couple of years. While the work was all done by professionals, I picked everything that went into th...
by JS-Elcano
Fri Mar 19, 2021 4:31 pm
Forum: Investing - Theory, News & General
Topic: Strategy changes after Lean FI?
Replies: 41
Views: 3014

Re: Strategy changes after Lean FI?

I just did some end-of-quarter math and found that we reached our Lean FI numbers (we like 65/35 AA). Me&DW are in early 40's, love our jobs and life style so RE part is out of scope at the moment. Here are the potential options I listed out: Stay the course. Lean FI -> FI -> Fat FI -> Obesity ...
by JS-Elcano
Fri Mar 19, 2021 11:30 am
Forum: Personal Consumer Issues
Topic: Las Vegas or Tampa for retirement relocation?
Replies: 69
Views: 6046

Re: Las Vegas or Tampa for retirement relocation?

We are currently looking for a place for retirement relocation. At this time, we are basically focused on two cities, Las Vegas and Tampa (Florida). I will list some pros and cons that I think I know. (1) Specific neighborhoods: For Las Vegas, everyone will tell you that the good neighborhoods are:...
by JS-Elcano
Fri Mar 19, 2021 10:03 am
Forum: Investing - Theory, News & General
Topic: Strategy changes after Lean FI?
Replies: 41
Views: 3014

Re: Strategy changes after Lean FI?

I just did some end-of-quarter math and found that we reached our Lean FI numbers (we like 65/35 AA). Me&DW are in early 40's, love our jobs and life style so RE part is out of scope at the moment. Here are the potential options I listed out: Stay the course. Lean FI -> FI -> Fat FI -> Obesity ...
by JS-Elcano
Thu Mar 18, 2021 2:58 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2312
Views: 274379

Re: Mortgage free as of today!!

[Thread merged into here --admin LadyGeek] Today I called my bank to make my last payment on my mortgage and now I am completely debt free. :beer :D The bank also said they have stopped my future autopayments and I have to call back in a couple days after the final payment is posted to request the ...
by JS-Elcano
Thu Mar 18, 2021 2:52 pm
Forum: Investing - Theory, News & General
Topic: Strategy changes after Lean FI?
Replies: 41
Views: 3014

Re: Strategy changes after Lean FI?

I just did some end-of-quarter math and found that we reached our Lean FI numbers (we like 65/35 AA). Me&DW are in early 40's, love our jobs and life style so RE part is out of scope at the moment. Here are the potential options I listed out: Stay the course. Lean FI -> FI -> Fat FI -> Obesity ...
by JS-Elcano
Fri Mar 12, 2021 11:53 am
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20044

Re: Hitting your numbers. How to estimate when you have enough.

I doubt most Bogleheads retire at 50-100 expenses. Actually I wouldn't be at all surprised -- if we factor in Social Security and home equity. (I understand not everyone does but we'll just have to agree to disagree on that one.) I seem to see tons of people saying things like "Social Security...
by JS-Elcano
Thu Mar 11, 2021 11:56 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with TurboTax Purchase on Amazon
Replies: 12
Views: 831

Re: Problem with TurboTax Purchase on Amazon

If you’re using a VPN, maybe that’s the reason. VPN was the issue for us, so I would suggest the OP verify that isn't the problem. Thank you all for your suggestions, but they did not resolve the issue. So, I chatted with Amazon Help (once I found it) and the person I chatted with went into my acco...
by JS-Elcano
Thu Mar 11, 2021 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with TurboTax Purchase on Amazon
Replies: 12
Views: 831

Re: Problem with TurboTax Purchase on Amazon

BTW few people need Premier version and Deluxe usually gets it done for most. What does Premier do for you that Deluxe can’t. Cheers ....and if you buy Deluxe, buy the Federal only (no state) and save even more. I tried to do this for Premier, but it only exists with State. Maybe I'll learn this ye...
by JS-Elcano
Thu Mar 11, 2021 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with TurboTax Purchase on Amazon
Replies: 12
Views: 831

Re: Problem with TurboTax Purchase on Amazon

BTW few people need Premier version and Deluxe usually gets it done for most. What does Premier do for you that Deluxe can’t. Cheers Unfortunately, I do a small bit of consulting that requires me to file schedule C. As I learned last year, if I want to write off related expenses I need to use Premi...
by JS-Elcano
Thu Mar 11, 2021 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with TurboTax Purchase on Amazon
Replies: 12
Views: 831

Re: Problem with TurboTax Purchase on Amazon

Thank you, silk and growthseeker. None of your suggestions have worked so far. For a moment I thought it might even be that it is state specific, for example Premier comes with state tax return but I live in a state without income tax, but a friend of mine could purchase it just fine. I was trying t...
by JS-Elcano
Thu Mar 11, 2021 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Problem with TurboTax Purchase on Amazon
Replies: 12
Views: 831

Problem with TurboTax Purchase on Amazon

Dear Bogleheads, I am trying to purchase the downloadable version of TurboTax Premier on Amazon. However, when I go to checkout it says "This item is not available for purchase due to geographical restrictions." I am in the US and the delivery address is my home address here in the US. I h...
by JS-Elcano
Wed Mar 10, 2021 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody Changing Their Pre-Tax Investing Due to Recent Legislation?
Replies: 29
Views: 3270

Re: Anybody Changing Their Pre-Tax Investing Due to Recent Legislation?

I am pretty sure the higher child tax credit is only for 2021 and 2022. While I am not planning to change anything now (I don't have kids), I re-evaluate every year how to best allocate my investments between pre-tax and Roth/taxable accounts since I am close to a higher tax bracket. However, tax sa...
by JS-Elcano
Tue Mar 09, 2021 10:54 pm
Forum: Personal Investments
Topic: Would you hold 100% of fixed income allocation in TIAA traditional?
Replies: 14
Views: 1183

Re: Would you hold 100% of fixed income allocation in TIAA traditional?

I know there’s been many threads on TIAA traditional, including a recent one asking about percentage of total portfolio. My question is slightly different. Assuming you had the option to hold 100% of your fixed income allocation in TIAA traditional liquid version with 3% guaranteed and no restricti...
by JS-Elcano
Fri Mar 05, 2021 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why the $58,000 401(k) limit for employer contributions?
Replies: 28
Views: 1678

Re: Why the $58,000 401(k) limit for employer contributions?

I'm not certain that this is a "policy" limit, per se. True, one can contribute up to $19,500 in pre-tax funds. However, at least in my 401k, I can also contribute after-tax funds as well. In total, one can contribute up to $58,000 total (including pre-tax, after-tax and employer contribu...
by JS-Elcano
Thu Mar 04, 2021 11:26 am
Forum: Personal Investments
Topic: Where is your fixed income invested?
Replies: 88
Views: 8270

Re: Where is your fixed income invested?

10% in Short-term Nationwide Fixed Fund (liquid, currently paying 3.5%)
30% in TIAA Trad (illiquid, earning 4.09% currently)
60% in TIAA Trad (liquid, earning 3% currently -- 3% is the floor, so won't be going lower than this)
by JS-Elcano
Thu Mar 04, 2021 11:26 am
Forum: Personal Investments
Topic: Where is your fixed income invested?
Replies: 88
Views: 8270

Re: Where is your fixed income invested?

deleted double post
by JS-Elcano
Mon Mar 01, 2021 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 418
Views: 20927

Re: Long Term Care Insurance

So, what's the point if states, such as the one I live in and don't plan on moving away from in retirement, are not allowing these longer elimination periods? In effect, the policies that you are talking about do not exist for people like me and those in the other states you listed. Correct. They d...
by JS-Elcano
Mon Mar 01, 2021 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 418
Views: 20927

Re: Long Term Care Insurance

A policy with a 4-year elimination period is about half the cost of a policy with a 90-day elimination period. Not worth it, in my humble opinion. Thank you for this insight. Would that be an unlimited coverage period after the 4-year elimination period though and at comparable daily benefit that a...
by JS-Elcano
Mon Mar 01, 2021 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance
Replies: 418
Views: 20927

Re: Long Term Care Insurance

Yep. The LTCi industry has a curious definition of "long term". I would seriously consider a policy to cover long term tail risk. Something like a 3-yr (or even longer) exclusion period followed by actual long term coverage. Exactly! Me too. js must not read my posts either: There ARE pol...