Search found 42 matches

by Minsc
Tue Mar 22, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much is your allowance?
Replies: 40
Views: 6504

Re: How much is your allowance?

Ours is 300 for each of us per month. I've been saving mine for a 65 inch TV.
by Minsc
Tue Mar 08, 2016 3:49 pm
Forum: Personal Consumer Issues
Topic: Power washer
Replies: 22
Views: 2970

Re: Power washer

I bought a Generac 6022/5989 2,700 PSI 2.3 GPM 196cc OHV Gas Powered Residential Pressure Washer from Amazon a couple years ago and it is great. I power wash my deck, siding, driveway, etc. A fun toy :D
by Minsc
Thu Mar 03, 2016 10:01 am
Forum: Investing - Theory, News & General
Topic: "If You Can" book - Free Promo
Replies: 27
Views: 6067

Re: "If You Can" book - Free Promo

Thank you!
by Minsc
Tue Feb 02, 2016 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Physician buying an 850k vs 1.25m house
Replies: 54
Views: 10343

Re: Physician buying an 850k vs 1.25m house

I found my dream job and it lasted 2 years... Rent for a bit and see if it is truly heaven and if so buy in a few years.
by Minsc
Thu Jan 21, 2016 10:09 am
Forum: Investing - Theory, News & General
Topic: "The Stock Market Game"
Replies: 51
Views: 5819

Re: "The Stock Market Game"

Sorry to necro this thread, but I wanted to share my story. My 5th grader is currently doing a stock market/finance unit in class. They are going to be doing this stock market game. I have shared with him over the past couple years how we invest when he shows interest, nothing major just basics about indexing and boglehead principles. So I guess he asks the teacher if they could use index funds for the game. Teacher didn't know what index funds were. He explained to her what they were fairly accurately. We had a discussion when he got home about how indexing is great for long term investing but probably not for this game, especially in the current market. He didn't understand the point of the game if you weren't supposed to actually invest ...
by Minsc
Wed Dec 09, 2015 9:44 am
Forum: Investing - Theory, News & General
Topic: Investing and Coworkers
Replies: 57
Views: 9254

Re: Investing and Coworkers

Oh the things you hear in a physicians lounge about finance would make a boglehead pale... I stay way out of it.
by Minsc
Thu Dec 03, 2015 12:27 pm
Forum: Personal Investments
Topic: Doctor Strategies
Replies: 74
Views: 13820

Re: Doctor Strategies

Great thread! Don't overextend yourself. First-time jobs don't last too long usually, rent before you buy.
by Minsc
Tue Dec 01, 2015 10:49 am
Forum: Personal Consumer Issues
Topic: The end of our Teflon pans is near...now what do we buy?
Replies: 63
Views: 11865

Re: The end of our Teflon pans is near...now what do we buy?

We use scanpan's and they are great!
by Minsc
Tue Nov 17, 2015 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: What was your eureka! Boglehead moment?
Replies: 86
Views: 11044

Re: What was your eureka! Boglehead moment?

When I was 750k in debt
by Minsc
Mon Sep 28, 2015 1:23 pm
Forum: Personal Investments
Topic: White Coat Investing
Replies: 28
Views: 5763

Re: White Coat Investing

It is good to be distrustful, you are a mark. Keep reading WCI and the bogleheads wiki.
by Minsc
Thu Aug 27, 2015 12:49 pm
Forum: Investing - Theory, News & General
Topic: TLH for absolute dummies [Tax Loss Harvesting]
Replies: 342
Views: 84114

Re: TLH for absolute dummies [Tax Loss Harvesting]

Thanks for the post it is helpful to my noob self. I have a question though.

Say I tax loss harvested VTIAX and bought VFWAX in my taxable account. I also have VTIAX in my Roth, which is going to get a dividend in September. I should turn off the reinvestment option on the VTIAX in my Roth? Is it ok to have that dividend from VTIAX go to another of my funds say Total US?
by Minsc
Thu Aug 27, 2015 9:09 am
Forum: Personal Investments
Topic: Tax loss harvesting question
Replies: 4
Views: 787

Re: Tax loss harvesting question

I am in the same situation, I had VTIAX in my taxable and in my roth. I sold the VTIAX in my taxable and purchased VFWAX. How do I avoid the wash sale from the 9/21 dividend of VTIAX in my Roth? Do I just turn off the auto reinvest option? Where should I direct that money to go if so instead of into VTIAX?

Edit: playing around on Vanguard it looks like I can invest the dividend from VTIAX into VTSAX in my roth, I assume this will prevent the wash sale and is ok?
by Minsc
Fri Aug 21, 2015 11:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 36221
Views: 4685186

Re: U.S. stocks in freefall

I started my taxable account in March of this year, do you need to wait a year to TLH? It is 100% VTIAX
by Minsc
Thu Aug 20, 2015 9:59 am
Forum: Personal Consumer Issues
Topic: Blue Apron
Replies: 155
Views: 31293

Re: Blue Apron

We are on week 7 of Blue Apron and still loving it. I like the variety and convenience. The portion control is nice as well, both the wife and I have lost some weight. I have found their customer service to be excellent. Twice something has been missing from our box and they credited the whole box back to us, and we just went out and bought a package of chicken thighs. I prep, the wife cooks, the kids clean up, it works out nice. The only problem is figuring out what to do on non blue apron days...
by Minsc
Mon Jul 13, 2015 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: 12-month IRA rollover rule questions
Replies: 11
Views: 3070

Re: 12-month IRA rollover rule questions

Thank you, still learning... Don't want to foul up or my wife might hire an expensive adviser :D
by Minsc
Mon Jul 13, 2015 9:55 am
Forum: Personal Finance (Not Investing)
Topic: 12-month IRA rollover rule questions
Replies: 11
Views: 3070

Re: 12-month IRA rollover rule questions

My wife did a backdoor conversion of her 19k ira in March. She didn't convert this years money yet, do we have to wait a year to backdoor this years money?
by Minsc
Mon Jun 22, 2015 6:37 pm
Forum: Personal Consumer Issues
Topic: Blue Apron
Replies: 155
Views: 31293

Re: Blue Apron

My wife and I aren't really strong in the meal planing and shopping department. I feel we are eating healthier and it sure tastes better than what we were doing before. It is worth it to us, we don't like doing those things. We are eating out a lot less and eating properly portioned meals now. Tonight we had Chicken Paillards & Fresh Linguine with Summer Squash & Cherry Tomatoes it was delicious.
by Minsc
Mon Jun 22, 2015 8:25 am
Forum: Personal Consumer Issues
Topic: Blue Apron
Replies: 155
Views: 31293

Re: Blue Apron

We have been using blue apron for 3 weeks and love it. I prep the food and my wife does the cooking. It seems to save us the 'its 4pm and wtf am I going to do for dinner tonight...' We do the family plan. It gets the kids to try lots of new things which I think is good.
by Minsc
Wed Jun 03, 2015 8:27 pm
Forum: Personal Consumer Issues
Topic: Rowing Machines
Replies: 27
Views: 4026

Re: Rowing Machines

I have a Concept2 model D. It is great. I don't know about other brands but that is what I used in college on the rowing team as well. You also might want to do some weight training, squats and deadlifts if done properly will really strengthen you back.
by Minsc
Mon May 25, 2015 8:49 am
Forum: Investing - Theory, News & General
Topic: Pay off student loan or invest?
Replies: 7
Views: 2361

Re: Pay off student loan or invest?

I am doing both. I am paying a couple thousand extra on my loans per month and investing a few thousand in a taxable.
by Minsc
Tue Apr 21, 2015 9:35 am
Forum: Personal Investments
Topic: Backdoor Roth question
Replies: 1
Views: 485

Backdoor Roth question

I have a traditional IRA at Vanguard that I would like to convert to a Roth. I am not sure if I can or not.

My other accounts are:
DEFINED CONTRIBUTION RETIREMENT PLAN (403b at Tiaa-Cref)
TAX-DEFERRED ANNUITY SAVINGS PLAN (Tiaa-Cref)

So I had a old 401k that I rolled over to Vanguard. My understanding is that would be a problem doing a IRA to Roth conversion so I tried to move it to my 403b account, Tiaa said it would be ok. They put it in my tax deferred anuity savings plan instead. That account now has about about 60k in it. Am I now able to convert my IRA to a Roth or will the tax deferred annuity savings plan cause me problems? Thanks for any help you can offer!
by Minsc
Thu Mar 26, 2015 4:46 pm
Forum: Personal Consumer Issues
Topic: Kendrick Lamar: Rapper with Boglehead Principles?
Replies: 14
Views: 2892

Re: Kendrick Lamar: Rapper with Boglehead Principles?

Next thing you know he is going to be busting those rhymes on index funds and safe withdrawal rates.
by Minsc
Wed Mar 04, 2015 9:21 am
Forum: Personal Investments
Topic: Investing Questions and Review
Replies: 7
Views: 1463

Re: Investing Questions and Review

I appreciate the replies! Thanks for the fund recommendations Duckie, International is ok in taxable correct? There is some kind of tax credits that we can take if its in taxable account? Dandy, we feel like we are finally able to breath a bit, it has been a long road with lots of loans and a few mistakes :oops: to get here. I read so much about compounding interest it makes me feel pretty far behind already. I guess we kind of want to take the middle road, invest and pay of some debt at the same time, as it is now we will be paying ~$1300 extra per month on the loans. Our goal would be 2 million at the least, more would be better of course :D. The asset allocation is a good point. My thought was we are so far out, probably ~30 years from r...
by Minsc
Tue Mar 03, 2015 7:15 pm
Forum: Personal Investments
Topic: Investing Questions and Review
Replies: 7
Views: 1463

Re: Investing Questions and Review

Yes lots of questions, we still fairly new to this. Thank you for your replies! We have paid off all debts greater than 6% and our car loans. I don't like debt, but I also don't like feeling we are missing investing. The remaining debts are at 2.6% which seems pretty low once you factor in inflation I figured it would be better mathematically to invest than pay off the remaining debts. Yes, it looks like it would be cheaper to break the funds apart, and probably easier to re balance. What funds in the 403b would best approach the 3 fund portfolio? Vanguard Total Bond Market Index Fund Institutional VBTIX .07 seems like the bond choice, but what about total stocks and international? I did check and we can move the roll over ira into the 403b...
by Minsc
Tue Mar 03, 2015 4:25 pm
Forum: Personal Investments
Topic: Investing Questions and Review
Replies: 7
Views: 1463

Investing Questions and Review

Emergency funds: ~Four months of expenses Debt: Student loan 1: 124,000 @ 2.6% Student loan 2: 31,000 @ 2.6% Mortgage: 179,000 @ 2.65% 15 year Credit card:0 2 Autos: 0 Tax Filing Status: Married Filing Jointly Tax Rate: 35% Federal, 8.98% State State of Residence: Iowa Age:35,35, 9, 5, 2 Desired Asset allocation: 90% stocks / 10% bonds (5% REIT?) Desired International allocation: 20% of stocks? Current Portfolio: Spouse1 403b: $105,000 100% TIAA-CREF Lifecycle Index 2045 Fund - Institutional Class TLXIX(0.25%) Spouse1 TAX-DEFERRED ANNUITY SAVINGS PLAN $1500 100% TIAA-CREF Lifecycle Index 2045 Fund - Institutional Class TLXIX(0.25%) Spouse1 Roll over IRA: $60,000 100% Vanguard LifeStrategy Growth Fund VASGX (.17 Spouse1 IRA: $20,000 100% Van...
by Minsc
Mon Mar 02, 2015 7:56 pm
Forum: Personal Consumer Issues
Topic: Contacted by Internal Revenue Services [Scam]
Replies: 18
Views: 2211

Re: Contacted by Internal Revenue Services

I haven't got the one from the IRS, but Microsoft keeps calling saying my computer is giving off error messages, and that I need to download something to 'fix' it. I told them that I wasn't interested in their scam and they said they would come to my house and kill me... Not very friendly of them.
by Minsc
Wed Feb 25, 2015 10:33 pm
Forum: Personal Consumer Issues
Topic: 3 Kids and 2 Dogs - Next Vehicle
Replies: 31
Views: 10357

Re: 3 Kids and 2 Dogs - Next Vehicle

I've got 3 kids, 2 mastiffs and drive an Honda Odyssey. It is great, no awd, but I get around in the midwest snow just fine so far.
by Minsc
Sun Feb 22, 2015 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: How much has Bogleheads contributed to your net worth?
Replies: 58
Views: 7034

Re: How much has Bogleheads contributed to your net worth?

acejacksingh wrote:
Minsc wrote:When I found this site and WCI, I had a negative 800k networth. I am now positive 250k.
Wow that's powerful... :sharebeer
Yeah we made some mistakes, but have corrected them thanks to this site and the white coat investor. It feels good.
by Minsc
Sun Feb 22, 2015 11:15 am
Forum: Personal Finance (Not Investing)
Topic: How much has Bogleheads contributed to your net worth?
Replies: 58
Views: 7034

Re: How much has Bogleheads contributed to your net worth?

When I found this site and WCI, I had a negative 800k networth. I am now positive 250k.
by Minsc
Sat Feb 21, 2015 4:36 pm
Forum: Personal Consumer Issues
Topic: Top rated movies that you can stream via Netflix or Amazon
Replies: 5
Views: 2125

Re: Top rated movies that you can stream via Netflix or Amaz

I just watched the Wolf of Wall Street on Amazon prime. It was a guilty pleasure being a boglehead.
by Minsc
Fri Feb 20, 2015 1:34 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 529
Views: 88357

Re: What video games are you currently playing?

rws wrote:
Minsc wrote:Baldurs gate anyone? Go for the eyes boo!
Ha! I am mostly a lurker here and don't have much to post, mostly because I don't know what to say that hasn't been said: limit expenses, diversify, save money, and stick to it. Not that hard!

However, I did stumble across this thread. Last night, for the first time ever, I killed you, Minsc. I could never bring myself to do it before and in my defense, you attacked first. Also, I am sorry about what Shar-Teel did to your girlfriend, by the way. That chunking sound is truly gruesome.
This behaviour must not continue. Feel the burning stare of my hamster and change your ways.
by Minsc
Fri Feb 20, 2015 9:29 am
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 529
Views: 88357

Re: What video games are you currently playing?

Baldurs gate anyone? Go for the eyes boo!
by Minsc
Fri Feb 20, 2015 9:27 am
Forum: Personal Consumer Issues
Topic: Poll: Largest fraudulent charge to your credit card(s)?
Replies: 49
Views: 6315

Re: Poll: Largest fraudulent charge to your credit card(s)?

I got hit with a test, 10 bucks. Then in short succession 100, 100, 150, 300.
by Minsc
Fri Jan 30, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Best Personal Finance/Budgeting Online tool for a Newbie?
Replies: 24
Views: 4005

Re: Best Personal Finance/Budgeting Online tool for a Newbie

I use both Mint and Ynab. I started with Mint, but didn't like the bugeting, but it is nice to keep track of things historically. Ynab is better at budgeting.
by Minsc
Mon Jan 26, 2015 9:30 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000? [Archived]
Replies: 1479
Views: 348803

Re: What experts say about $5,000 watches

EmergDoc wrote:
Mel Lindauer wrote:
nedsaid wrote:Thank you for posting this, it was quite informative. So would Mr. Bogle buy the $500 Hamilton or the $5,000 Rolex?
My guess is that he'd probably buy the $20 Timex and be perfectly happy, since it tells time and that's what a watch is for. Jack doesn't need to make a statement or try to impress anyone.
Jack Bogle doesn't look at his watch to see what time it is, he looks at his watch and TELLS IT what time it is.
John Bogle is the Chuck Norris of the financial world! Why did I not think of this earlier.
by Minsc
Sun Jan 11, 2015 8:06 pm
Forum: Personal Consumer Issues
Topic: boglehead workout
Replies: 39
Views: 7074

Re: boglehead workout

Check out starting strength. Just need a gym with power rack. It has followers that are as rabid as bogleheads. It is a great program that gets you into weights starting with the bar and working up.

http://startingstrength.wikia.com/wiki/ ... ength_Wiki
http://startingstrength.com/resources/forum/forum.php
by Minsc
Thu Jan 08, 2015 9:45 am
Forum: Personal Consumer Issues
Topic: Gaming PC for son, buy or build?
Replies: 63
Views: 8773

Re: Gaming PC for son, buy or build?

Build it yourself. My son and I built our last and it was fun. You can find guides online, I recommend [H] forums for help on selecting parts if you need it. Don't buy the anti shock static bracelet, you will be fine :twisted:
by Minsc
Wed Dec 31, 2014 6:18 pm
Forum: Personal Consumer Issues
Topic: What do you drive, and why?
Replies: 255
Views: 44008

Re: What do you drive, and why?

2011 Honda Odyssey... kids and dogs...