Search found 963 matches

by avenger
Wed Mar 13, 2024 3:10 pm
Forum: Personal Investments
Topic: Vanguard or Fidelity
Replies: 73
Views: 6845

Re: Vanguard or Fidelity

snic wrote: Wed Mar 13, 2024 10:07 am
tivattom wrote: Tue Mar 12, 2024 4:05 pm I'd been with Vanguard since 1998.

I can say hands down switching to Fidelity last year has been a major improvement in every way.

Major things where Fidelity is better:
- customer service
- HSA cutodian
- website
- mobile app
- ease of providing account access to others / POAs
- joint taxable account with beneficiaries
- transfer bonuses


Major things where Vanguard is better:
- ummm. Cant think of any.

Be sure to get the transfer bonuses from Fidelity if you go that route.
What transfer bonuses?

https://www.fidelity.com/go/special-offer
$1K per million transferred (to what limit I do not know). Got my $1k 60 days after I opened my account.
by avenger
Tue Mar 12, 2024 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's your primary credit card?
Replies: 117
Views: 10616

Re: What's your primary credit card?

Fidelity!
One stop shop here.
by avenger
Tue Mar 12, 2024 4:13 pm
Forum: Personal Investments
Topic: Vanguard or Fidelity
Replies: 73
Views: 6845

Re: Vanguard or Fidelity

Having been at Vanguard for >10 years and now at Fidelity for 4 months (because I was sick of the poor service and limited bank-like options at Vanguard), I would say overall Fidelity is much better. YMMV.
by avenger
Thu Feb 29, 2024 5:24 pm
Forum: Personal Consumer Issues
Topic: Advice for buying a car in 2024
Replies: 51
Views: 8675

Re: Advice for buying a car in 2024

cmr79 wrote: Fri Feb 23, 2024 8:32 am There is absolutely no way someone could convince me to buy a Land Rover, especially a used one, with the intent to keep it for 10 years and to be my family's only vehicle. I've never owned one, so this is purely based on reputation and other people's experiences...but whereas Audi and other German brands seem to produce both very reliable and occasionally unreliable individual models/engines, the unreliability of Land Rovers seems to be a brand-wide and brand-defining feature.

Edited to correct typo.
Of course this is just my anecdotal experience… but I have owned a 2013 Land Rover Range Rover Evoque… still looks and acts new, apart from some suspension maintainence in the past year. Planning on keeping it for a long while.
by avenger
Sat Feb 24, 2024 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Time to reach 1M and 2M milestones
Replies: 426
Views: 137340

Re: Time to reach 1M and 2M milestones

1 million? Before my 40th birthday
2 million? Before my 44th birthday

Started saving at age 31 with a negative 500k net worth.
by avenger
Thu Feb 08, 2024 12:25 pm
Forum: Personal Consumer Issues
Topic: Turn around time on passports
Replies: 19
Views: 1929

Re: Turn around time on passports

Expedited. Sent out USPS (normal delivery) on 1/22/2024, delivery confirmed 1/29/2024, received by USPS (normal delivery) 2/7/2024.
by avenger
Thu Dec 14, 2023 3:42 am
Forum: Personal Finance (Not Investing)
Topic: Intuit's Mint App Shutting Down...Replacement Recommendations?
Replies: 773
Views: 146534

Re: Intuit's Mint App Shutting Down...Replacement Recommendations?

This development (mint shutting down) forced me to think about how I wanted to replace its functionality.

I started learning more about Fidelity. Having been a Vanguard member since 2012, and being quite unhappy with their service and cash management (lack of), I decided to move all of my accounts under one roof at Fidelity last month. So far I have to say I am very happy with the move. No customization of categories but there are plenty and I do not feel like that is a problem.

Mark
by avenger
Wed Dec 13, 2023 3:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Cash Plus Account Pilot
Replies: 462
Views: 100244

Re: Vanguard Cash Plus Account Pilot

I signed up, only because you cannot pay bills from the regular brokerage account. 4.7% is more than my bank pays on their money market, and it would be nice to have a higher yielding cash account that I can use to pay bills from (such as quarterly tax payments). Obviously without ATM and checks, I'll still need a regular checking account, but this seems like a nice compromise. I also like that it is more secure; no check or ATM fraud. The Fidelity CMA doesnt come with checks or a debit card by default, either. You can hold your CMA balance in many of Fidelity's money market funds which earn about 5% right now. Some of the money market options are almost fully state tax exempt, as well. You can do pretty much the same with a regular Fideli...
by avenger
Mon Dec 04, 2023 8:17 am
Forum: Personal Investments
Topic: Buying bond etfs
Replies: 13
Views: 2217

Re: Buying bond etfs

If you are buying in a taxable account and are in a high tax bracket, VTEB would work.
by avenger
Wed Nov 08, 2023 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to Download Your Mint Data Before It Shuts Down
Replies: 19
Views: 4112

Re: How to Download Your Mint Data Before It Shuts Down

Will our data be automatically migrated or do we need to download and migrate manually?
by avenger
Mon Jul 17, 2023 1:51 pm
Forum: Personal Consumer Issues
Topic: Is pool ownership worth it?
Replies: 120
Views: 11619

Re: Is pool ownership worth it?

Pools are a money pit I have a cement pool Kids quickly phase out of it I still like having it and can afford it so I do it The gyms never really make sense bc of hours/gas/no good food drink etc as a real replacement They sure can be! I live in the Chicago area and would never have a pool. The season is way too short to justify the expense and hassle. On the other hand, for a couple of years we lived northeast of San Diego and had a pool. After the initial cost to build, the only outlay was for pool chemicals. We had a solar heater and were able to use the pool 10 months out of the year. As for usage, I swam in it almost every day. But, after the novelty wore off, my kids rarely went in the pool. I live in Chicago proper and we put a pool...
by avenger
Mon Jul 17, 2023 1:51 pm
Forum: Personal Consumer Issues
Topic: Is pool ownership worth it?
Replies: 120
Views: 11619

Re: Is pool ownership worth it?

Pools are a money pit I have a cement pool Kids quickly phase out of it I still like having it and can afford it so I do it The gyms never really make sense bc of hours/gas/no good food drink etc as a real replacement They sure can be! I live in the Chicago area and would never have a pool. The season is way too short to justify the expense and hassle. On the other hand, for a couple of years we lived northeast of San Diego and had a pool. After the initial cost to build, the only outlay was for pool chemicals. We had a solar heater and were able to use the pool 10 months out of the year. As for usage, I swam in it almost every day. But, after the novelty wore off, my kids rarely went in the pool. I live in Chicago proper and we put a pool...
by avenger
Tue Mar 28, 2023 4:15 am
Forum: Investing - Theory, News & General
Topic: How do you reconcile your investment account records?
Replies: 51
Views: 4110

Re: How do you reconcile your investment account records?

No reconciling. I use Mint and aggregate all of my accounts. I review this daily. I look over every statement for glaring issues/discrepancies but don’t formally reconcile.
by avenger
Sat Mar 18, 2023 8:22 am
Forum: Personal Consumer Issues
Topic: What are your best tips for more comfortable and happy travel?
Replies: 107
Views: 11042

Re: What are your best tips for more comfortable and happy travel?

I posted before, but will add another tip: I not only use a rollaboard for carry-on, but my "personal item" is a backpack. I've been using a Tom Bihn ( https://www.tombihn.com/products/synik-30?variant=42711838359741 is the one I got), as suggested on this board. The Tom Bihn backpack is wonderful. Very high quality, which allows me to stuff it full of clothes, toiletries, medications and electronics. I bought the Solgaard Endeavor (with closet) Large backpack. Haven’t traveled yet with it, but did a trial packing. Can pack for a week’s worth of travel using only this backpack, which was the goal. Heading to the Iberian peninsula this summer. With laundry in one of the locations, I plan on going for 11 days with only this backpac...
by avenger
Sun Nov 06, 2022 9:46 am
Forum: Personal Investments
Topic: VWIUX swap for tax loss harvesting
Replies: 20
Views: 2120

Re: VWIUX swap for tax loss harvesting

Kookaburra wrote: Sun Nov 06, 2022 9:45 am
avenger wrote: Sun Nov 06, 2022 9:33 am
rkhusky wrote: Wed Nov 02, 2022 7:51 am
ilovemydog wrote: Tue Nov 01, 2022 3:56 pm I've got a pretty sizable unrealized loss ($180K) in VWIUX in my taxable account I'd like to harvest. Any recommendations on what I should swap to?

Scott
If you want to easily get back into VWIUX, you could park the money in VMSXX and then after 30 days, move back into VWIUX.
This is what I do, but you likely have a much larger position than I do. If you have a sizable position, you’ll generate a good amount of taxable income in those 30 days.
VMSXX dividends are not taxable at the federal level.
Apologies for the misinformation.
by avenger
Sun Nov 06, 2022 9:33 am
Forum: Personal Investments
Topic: VWIUX swap for tax loss harvesting
Replies: 20
Views: 2120

Re: VWIUX swap for tax loss harvesting

rkhusky wrote: Wed Nov 02, 2022 7:51 am
ilovemydog wrote: Tue Nov 01, 2022 3:56 pm I've got a pretty sizable unrealized loss ($180K) in VWIUX in my taxable account I'd like to harvest. Any recommendations on what I should swap to?

Scott
If you want to easily get back into VWIUX, you could park the money in VMSXX and then after 30 days, move back into VWIUX.
This is what I do, but you likely have a much larger position than I do. If you have a sizable position, you’ll generate a good amount of taxable income in those 30 days.
by avenger
Thu Nov 03, 2022 6:10 am
Forum: Personal Investments
Topic: Locating international fund - tax deferred?
Replies: 33
Views: 3384

Re: Locating international fund - tax deferred?

I’ve held international primarily in my non-retirement accounts. It turned out okay, because I’ve done some major tax loss harvesting recently. 🤷🏻‍♂️
by avenger
Thu Oct 06, 2022 3:41 pm
Forum: Personal Investments
Topic: International in Taxable or transition it to 401K?
Replies: 3
Views: 405

Re: International in Taxable or transition it to 401K?

Holding it in taxable has allowed me to harvest a huge number of losses up until now. :annoyed
by avenger
Mon Sep 19, 2022 4:42 pm
Forum: Personal Consumer Issues
Topic: Leaving for a week: shut off main water supply?
Replies: 174
Views: 19667

Re: Leaving for a week: shut off main water supply?

True!

We have an autocover so we have negligible water loss.
by avenger
Mon Sep 19, 2022 3:48 pm
Forum: Personal Consumer Issues
Topic: Leaving for a week: shut off main water supply?
Replies: 174
Views: 19667

Re: Leaving for a week: shut off main water supply?

runner3081 wrote: Mon Jul 25, 2022 6:28 pm I don't shut down the main for three reasons.

1) Irrigation
2) Pool refill
3) The few times we have shut water off (in the past), it seemed to cause more problems with sediment and leaks after turning it on.
I recall reading at troublefreepools.com that one should turn off the autofill when you leave town.

I’m glad I followed this advice. Our sensor went bad and our pool overflowed (into the cover pit thank god) and I caught it while I was at home. I can’t imagine what would have happened if we were gone for 10 days.

cheers … -Mark
by avenger
Wed May 11, 2022 12:22 pm
Forum: Personal Consumer Issues
Topic: Wanting to do a 3 night trip to Mexico City, maybe in August
Replies: 11
Views: 1193

Re: Wanting to do a 3 night trip to Mexico City, maybe in August

We stayed at the four seasons CDMX over NYE. Great hotel. We didn’t feel the need for a driver. Walked and took Ubers. Felt safe, but we live in Chicago. 🤷🏻‍♂️
by avenger
Thu Apr 28, 2022 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to help mom?
Replies: 69
Views: 7947

Re: Can I afford to help mom?

I didn’t read all the replies.
I was in a similar situation.
Rent. You don’t want to manage a property. Who is going to fix the toilet when it breaks at 2 AM (this happened to my mother).
Trust me, you don’t want the hassle. But yes, you can help your mother by helping her to rent an apartment.
by avenger
Mon Apr 04, 2022 6:42 am
Forum: Personal Consumer Issues
Topic: Need iphone 13 pro max case suggestions please
Replies: 24
Views: 1974

Re: Need iphone 13 pro max case suggestions please

The size of the max plus silicone case makes it really hard to put it in your pocket. Leather is the way to go.
by avenger
Sat Apr 02, 2022 5:48 am
Forum: Personal Finance (Not Investing)
Topic: What's your record retention policy?
Replies: 28
Views: 2081

Re: What's your record retention policy?

I guess I’m a bit of a digital packrat. I keep everything in pdf form. I don’t see a reason to spend time deleting old records.
by avenger
Sun Mar 20, 2022 10:05 am
Forum: Personal Consumer Issues
Topic: Suggestions for laptop
Replies: 21
Views: 2579

Re: Suggestions for laptop

Why not just use your iPad for taxes?
I am a heavy tech user and got rid of my computer last year. I’m using my iPad/iPhone for any computing needs.
by avenger
Sat Sep 11, 2021 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?
Replies: 56
Views: 7036

Re: Just how easy is owning real estate if you have a property manager? (super easy, or just “less hard”)?

One property manager I had was more work than the tenants.

I’m sticking to my vanguard index funds. I’m pretty lazy though.
by avenger
Thu Aug 26, 2021 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Continue with disability coverage?
Replies: 14
Views: 1308

Re: Continue with disability coverage?

BruDude wrote: Thu Aug 26, 2021 11:57 am If you still need/want the coverage and want to reduce the cost, ask them what the cost would be to increase the elimination period to 90 days or 180 days, it should drop the price quite a bit. 30 days is a really short EP, I have never even sold a 60-day EP policy let alone a 30-day. Moving it to 90 or 180 days should probably cut your cost in half.
Thanks for this suggestion. I just called my DI company to see what changing from 90 to 180 days would do. I’ll have to wait a few days for a quote…
by avenger
Sun Aug 22, 2021 9:54 am
Forum: Personal Finance (Not Investing)
Topic: High income physician seeking financial and life advice
Replies: 202
Views: 42774

Re: High income physician seeking financial and life advice

am wrote: Sun Aug 22, 2021 8:33 am
blueberrypi wrote: Sun Aug 22, 2021 7:54 am Thought experiment - if you asked 100 people if they would stay full time at an exhausting stressful job, with a toddler at home, and a net worth closing in on six million dollars.... how many would say yes?
It’s different with medicine. You spend so many years training for a career that throwing it all out at an early age is not something most would do. Plus your told all the time that it’s a noble rewarding profession. Plus you see some doctors post how much they love it (although I think that’s probably a minority given the national surveys on career satisfaction and burnout).
You can’t make decisions about your life based on other peoples expectations (invalid) of you or your profession.

P.S. I am a physician
by avenger
Wed Aug 18, 2021 4:13 pm
Forum: Personal Consumer Issues
Topic: Where is your "Walden Pond"?
Replies: 51
Views: 6468

Re: Where is your "Walden Pond"?

Our backyard with a small plunge pool and beautiful, lush vegetation.
by avenger
Sat Aug 14, 2021 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Physician - Medical Reviewer?
Replies: 20
Views: 3400

Re: Physician - Medical Reviewer?

I was able to get the review company to significantly increase the reimbursement. So this is something I am pursuing. So I’m looking into general liability insurance just to cover my bases. I also occasionally do expert witness work and feel like I should be covered as well. An agent at “The Doctors’ Insurance Agency” told me usually the most basic coverage runs about $3000/year which I think is reasonable. Anyone ever do something like this and have some general Boglehead advice? Any pitfalls I should look out for? Thanks in advance! Not sure you need malpractice insurance, more like E&O insurance or general business liability insurance. You're not practicing medicine here. I bet you could get insurance for $500-2000 a year for this. ...
by avenger
Sat Aug 14, 2021 4:23 am
Forum: Personal Finance (Not Investing)
Topic: Physician - Medical Reviewer?
Replies: 20
Views: 3400

Re: Physician - Medical Reviewer?

I was able to get the review company to significantly increase the reimbursement. So this is something I am pursuing.
So I’m looking into general liability insurance just to cover my bases. I also occasionally do expert witness work and feel like I should be covered as well.
An agent at “The Doctors’ Insurance Agency” told me usually the most basic coverage runs about $3000/year which I think is reasonable.
Anyone ever do something like this and have some general Boglehead advice?
Any pitfalls I should look out for?
Thanks in advance!
by avenger
Wed Aug 11, 2021 5:57 pm
Forum: Personal Consumer Issues
Topic: Need to Replace a Macbook Air. Recommendations?
Replies: 66
Views: 6527

Re: Need to Replace a Macbook Air. Recommendations?

retiredjg wrote: Sun Jul 18, 2021 12:54 pm Any comments on " iPad - with a keyboard"? I'm curious.
I’m an apple fan boy and a pretty heavy user, but don’t do anything beyond basic stuff. I can do work on if, but also use it to display my sheet music when I’m playing piano!

At this point I only have an iPad Pro and magic keyboard. Haven’t missed my old MacBook.
by avenger
Sun Jul 25, 2021 4:19 pm
Forum: Personal Consumer Issues
Topic: Which Toys/Experiences Have Brought You The Most Joy?
Replies: 174
Views: 23666

Re: Which Toys/Experiences Have Brought You The Most Joy?

Putting a plunge pool at our Chicago-proper home.
International travel - Japan, Indonesia, Singapore, all of Europe, South America. Can’t wait to explore Africa and more of Asia next.
Fine dining / experiential dining.
Our dog.
by avenger
Fri Jul 23, 2021 6:57 pm
Forum: Investing - Theory, News & General
Topic: How Much Cash or Cash Equivalents Do You Keep Around?
Replies: 119
Views: 17735

Re: How Much Cash or Cash Equivalents Do You Keep Around?

I am currently reading The Permanent Portfolio: Harry Browne's Long-Term Investment Strategy and am kind of thinking about keeping some more cash and cash equivalents laying around. I currently am about 85/10/5 - Stocks/Bonds/Cash but am thinking about possibly increasing my cash allocation by about 5%. My cash allocation is in a High Yield Savings account and iBonds (I consider this cash). I am thinking about adding the next 5% into Short Term Treasuries and considering that part of my cash. How much cash or cash equivalents does everyone else hold? Is a stable value fund a "cash equivalent" or a bond? Is an insurance product that pays 3% a "cash equivalent" or a bond? What does the "equivalent" part of "...
by avenger
Fri Jul 23, 2021 5:31 pm
Forum: Investing - Theory, News & General
Topic: How Much Cash or Cash Equivalents Do You Keep Around?
Replies: 119
Views: 17735

Re: How Much Cash or Cash Equivalents Do You Keep Around?

I am currently reading The Permanent Portfolio: Harry Browne's Long-Term Investment Strategy and am kind of thinking about keeping some more cash and cash equivalents laying around. I currently am about 85/10/5 - Stocks/Bonds/Cash but am thinking about possibly increasing my cash allocation by about 5%. My cash allocation is in a High Yield Savings account and iBonds (I consider this cash). I am thinking about adding the next 5% into Short Term Treasuries and considering that part of my cash. How much cash or cash equivalents does everyone else hold? Is a stable value fund a "cash equivalent" or a bond? Is an insurance product that pays 3% a "cash equivalent" or a bond? What does the "equivalent" part of "...
by avenger
Thu Jul 22, 2021 5:06 am
Forum: Investing - Theory, News & General
Topic: How many Bogleheads "tinker"with their portfolios?
Replies: 49
Views: 7171

Re: How many Bogleheads "tinker"with their portfolios?

I used to spend a lot of time thinking about it. Luckily I didn’t do too much tinkering. Eventually I discovered (and rediscovered) other hobbies and completely forgot about it. Maybe the same will happen with you?

Perhaps an investment policy statement is a good place to start though.
by avenger
Mon Jul 19, 2021 10:24 am
Forum: Personal Consumer Issues
Topic: Thoughts on tree removal
Replies: 62
Views: 5656

Re: Thoughts on tree removal

I also don't pay any attention to neighbors that think everything needs to be manicured and formal looking. I prefer a more natural look, and it's probably better from a habitat standpoint. You should be careful with such statements. Neighbors have legal rights to be unencumbered by nuisance vegetation. Improper pruning of branches can result in property damage, and legal liability. I don't encumber anybody with vegetation on my property. Like I said, If it's a significant threat to persons or property, I take action - prune, remove, top etc. However, I'm not going to change things just because a neighbor doesn't like the appearance. Makes sense. You were posting on a thread where the OP’s property is being damaged by a neighbor’s tree.
by avenger
Mon Jul 19, 2021 10:13 am
Forum: Personal Consumer Issues
Topic: Thoughts on tree removal
Replies: 62
Views: 5656

Re: Thoughts on tree removal

OpenMinded1 wrote: Mon Jul 19, 2021 7:52 am I also don't pay any attention to neighbors that think everything needs to be manicured and formal looking. I prefer a more natural look, and it's probably better from a habitat standpoint.
You should be careful with such statements.

Neighbors have legal rights to be unencumbered by nuisance vegetation. Improper pruning of branches can result in property damage, and legal liability.
by avenger
Thu Jul 15, 2021 6:15 am
Forum: Personal Consumer Issues
Topic: Expedia: Canceled Hotel, Refuses to Refund
Replies: 46
Views: 4143

Re: Expedia: Canceled Hotel, Refuses to Refund

Northern Flicker wrote: Thu Jul 15, 2021 2:04 am I suggest contesting the charge with credit card provider and continuing to try to get a response from Exoedia. Filing a complaint with ftc.gov may also be a suitable option.
This is the correct course of action.
Dispute the charge. The credit card company will do the work.
by avenger
Mon Jul 12, 2021 4:20 pm
Forum: Personal Investments
Topic: Rebalance Taxable with Each New Deposit or Don't Bother?
Replies: 40
Views: 4045

Re: Rebalance Taxable with Each New Deposit or Don't Bother?

Because I have a large taxable account relative to my other holdings, I definitely attempt to rebalance by contributions. I simply put the excess amount every 2 weeks into the underperforming asset. I ran out of space for fixed income in my tax-advantaged accounts. Now I have a municipal bond fund and equity index funds in my taxable account. I’m hoping not to have to rebalance in my taxable account, but will not let the tax-tail wag the dog.
by avenger
Mon Jul 12, 2021 3:02 pm
Forum: Investing - Theory, News & General
Topic: Simplicity vs. Optimization
Replies: 17
Views: 2252

Re: Simplicity vs. Optimization

Simplicity will usually rule, depending on what you mean by “optimization.” Look at my signature, after all.
by avenger
Sun Jul 11, 2021 10:22 am
Forum: Personal Consumer Issues
Topic: Pool installation cost estimate and 10x10 pergola/covered patio
Replies: 16
Views: 2636

Re: Pool installation cost estimate and 10x10 pergola/covered patio

Our 10x15 “spool” and backyard patios cost about $100k. The same in another locale would cost less than half.

Contact 3 pool companies and get bids from each. Get apples to apples comparisons.

Go to troublefreepool.com, the Bogleheads for pool people.
by avenger
Wed Jul 07, 2021 6:36 pm
Forum: Personal Consumer Issues
Topic: Tactics to get questions answered in a surgeon/doctor's office consult?
Replies: 44
Views: 5629

Re: Tactics to get questions answered in a surgeon/doctor's office consult?

Wait until your surgeon is done giving his/her “spiel.”
Then ask questions that weren’t already answered.
by avenger
Tue Jun 29, 2021 11:44 am
Forum: Investing - Theory, News & General
Topic: Jack Brennan: "I think 60/40 is challenged"
Replies: 249
Views: 27589

Re: Jack Brennan: "I think 60/40 is challenged"

I’m 41, with plans to retire by 50. My glide path was 70/30 at 40 years of age with plans to retire at 60/40. But I’m now planning to keep myself at 70/30 as a permanent allocation. 80% of my FI is a stable value fund earning 2.5%.

I do have a governmental 457 and a pension, so I think my plan is reasonable.
by avenger
Sat Jun 26, 2021 8:35 am
Forum: Personal Investments
Topic: Another Emergency Fund Question: Do I Need One Anymore?
Replies: 84
Views: 8401

Re: Another Emergency Fund Question: Do I Need One Anymore?

anon_investor wrote: Sat Jun 26, 2021 8:20 am
avenger wrote: Sat Jun 26, 2021 8:08 am
anon_investor wrote: Sat Jun 26, 2021 7:47 am
avenger wrote: Sat Jun 26, 2021 7:29 am
anon_investor wrote: Sat Jun 26, 2021 7:18 am

Don't you really have an emergency fund, it is just in your 457?
Mental accounting/semantics.
I have a 70/30 portfolio.
My entire portfolio is my emergency fund.
No cash set aside.
But what you described is reducing fixed income while not reducing equities (so not maintaining AA), which in effect is treating your 457 like an emergency fund.
Okay. Call it what you will.
Just curious if your plan would be to rebalance AA simply through new contributions over time?
There are multiple options. I personally would withdraw at 70/30, that way no rebalancing is needed, as 70/30 is my permanent allocation.
by avenger
Sat Jun 26, 2021 8:08 am
Forum: Personal Investments
Topic: Another Emergency Fund Question: Do I Need One Anymore?
Replies: 84
Views: 8401

Re: Another Emergency Fund Question: Do I Need One Anymore?

If your taxable account is large enough, and you have an appropriately designed asset allocation to take into account emergency needs, then you do not need an emergency fund. I have about 10 years of expenses in my taxable account. Most of it is equities, but my 457 is all stable value fund. If I wanted to raise cash, I could sell $X equities in my taxable account, while buying $X equities in my 457. I don’t have an emergency fund. Don't you really have an emergency fund, it is just in your 457? Mental accounting/semantics. I have a 70/30 portfolio. My entire portfolio is my emergency fund. No cash set aside. But what you described is reducing fixed income while not reducing equities (so not maintaining AA), which in effect is treating you...
by avenger
Sat Jun 26, 2021 7:29 am
Forum: Personal Investments
Topic: Another Emergency Fund Question: Do I Need One Anymore?
Replies: 84
Views: 8401

Re: Another Emergency Fund Question: Do I Need One Anymore?

anon_investor wrote: Sat Jun 26, 2021 7:18 am
avenger wrote: Sat Jun 26, 2021 6:11 am If your taxable account is large enough, and you have an appropriately designed asset allocation to take into account emergency needs, then you do not need an emergency fund.

I have about 10 years of expenses in my taxable account. Most of it is equities, but my 457 is all stable value fund.

If I wanted to raise cash, I could sell $X equities in my taxable account, while buying $X equities in my 457.

I don’t have an emergency fund.
Don't you really have an emergency fund, it is just in your 457?
Mental accounting/semantics.
I have a 70/30 portfolio.
My entire portfolio is my emergency fund.
No cash set aside.
by avenger
Sat Jun 26, 2021 6:12 am
Forum: Personal Consumer Issues
Topic: Other forums like bogleheads
Replies: 97
Views: 20065

Re: Other forums like bogleheads

www.troublefreepool.com

For pool owners. ;)
by avenger
Sat Jun 26, 2021 6:11 am
Forum: Personal Investments
Topic: Another Emergency Fund Question: Do I Need One Anymore?
Replies: 84
Views: 8401

Re: Another Emergency Fund Question: Do I Need One Anymore?

If your taxable account is large enough, and you have an appropriately designed asset allocation to take into account emergency needs, then you do not need an emergency fund.

I have about 10 years of expenses in my taxable account. Most of it is equities, but my 457 is all stable value fund.

If I wanted to raise cash, I could sell $X equities in my taxable account, while buying $X equities in my 457.

I don’t have an emergency fund.
by avenger
Sat Jun 12, 2021 8:44 am
Forum: Personal Consumer Issues
Topic: Above ground pool owners?
Replies: 33
Views: 3851

Re: Above ground pool owners?

We love our pool. We spent a good amount of money putting in a small inground plunge pool in the middle of Chicago. It’s a gem. Definitely not for everyone I imagine, but we spend a lot of time in it. In fact we just canceled our summer trip to a resort out west because our amenities at home are now better than any resort we could travel to. I’m not sure you’re going to get a lot of people here advocating the cost, although an above ground pool will cost much less. Head on over to troublefreepool.com. It’s the Bogleheads of pool ownership. Learn all about the construction of your type of pool. You will also want to learn about maintenance, which is actually a lot easier than the pool store will have you think. We do all of it ourselves. Th...