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by Clever_Username
Thu May 21, 2015 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Friends/Family that don't invest!
Replies: 65
Views: 5794

Re: Friends/Family that don't invest!

I was very relieved when, around our 30th birthday, I found out my best friend has six figures in his 401(k). He doesn't understand how rollover IRAs work, or how to select funds, and I'm not going to go into it with him. At least he's saving, and a good amount. My sister funds an IRA every year, fu...
by Clever_Username
Tue May 19, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Should I sell my company's stock and exchange it for an SP500 index fund?
Replies: 60
Views: 3486

Re: Should I sell my company's stock and exchange it for an SP500 index fund?

I'd sell it, but I'd reconsider using an S&P 500 index fund. Make it part of your total portfolio as appropriate; how is your asset mix among domestic stock, international stock, and bonds? Even if you want domestic stock, you might find a total stock market index fund more to your liking.
by Clever_Username
Mon May 18, 2015 8:53 am
Forum: Investing - Theory, News & General
Topic: University of California Retirement Plan
Replies: 27
Views: 2674

Re: University of California Retirement Plan

Thanks for the heads-up. As a former UC Employee, I still haven't rolled over my old 403(b). It's in Spartan funds. I'll do so before July. Fortunately, I think the school I work for now will be keeping Vanguard as a vendor, and although we "only" have access to investor-class shares, this...
by Clever_Username
Mon May 04, 2015 4:08 pm
Forum: Investing - Theory, News & General
Topic: Who's Buying I Bonds Now?
Replies: 39
Views: 2869

Re: Who's Buying I Bonds Now?

There appears to be no downside to putting what would have been I-Bond money into a savings account (or six-month CD) and waiting to see what happens November 1st. Edit to add: jhfenton above beat me to it. :) There's a minor benefit to buying now versus November: it's six months earlier that it be...
by Clever_Username
Fri May 01, 2015 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: I bonds at 0% -- still useful as emergency fund?
Replies: 4
Views: 988

Re: I bonds at 0% -- still useful as emergency fund?

Still useful. I've only purchased $7000 so far this year, and am debating if I want to wait until Thanksgiving to buy the remaining $3000 or do so now. I know I'll get 0% if I buy now, whereas I might get more for one purchased in November, but I'll be able to treat them as part of the emergency fun...
by Clever_Username
Fri May 01, 2015 3:00 pm
Forum: Investing - Theory, News & General
Topic: When - and how - to relax about retirement assets?
Replies: 18
Views: 3993

Re: When - and how - to relax about retirement assets?

I've made a conscious effort to relax lately on this. I max out my 403(b), I get a generous match from my school, I max out my Roth IRA, I max out I-Bonds, and I contribute to taxable (whatever's leftover after I spend what I want). If that isn't enough, then it's got to be circumstances beyond my c...
by Clever_Username
Wed Apr 29, 2015 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Basic Financial Advice for College Student with Inheritance
Replies: 22
Views: 2140

Re: Basic Financial Advice for College Student with Inherita

Question : What other financial advice or suggestions can I provide A to strengthen A’s financial foundation for the next 4-5 years (the college and immediate post-college years). Thank you! It might not sound like financial advice, but it is. Don't tell anyone about the money who doesn't need to k...
by Clever_Username
Wed Apr 29, 2015 8:05 am
Forum: Investing - Theory, News & General
Topic: IBD: How Does Your Nest Egg Compare To Most Americans'?
Replies: 14
Views: 3662

Re: IBD: How Does Your Nest Egg Compare To Most Americans'?

I didn't check, and I don't see why I should care how mine compares. I'll be 32 in less than two months. I know how much I have saved at the moment and what my rate of contribution is. Barring a significant drop in the market, I will have about $200,000 total saved (across various accounts) by my 32...
by Clever_Username
Wed Apr 29, 2015 12:06 am
Forum: Personal Consumer Issues
Topic: Comcast [trouble with service and getting outage credits]
Replies: 11
Views: 1057

Re: Comcast [trouble with service and getting outage credits

What's the law on recording phone conversations in your state? If you're in a one-party consent state, record the conversation and, if it's unsatisfactory, post it on YouTube. Especially if one conversation results in "we'll give you the credit" and the next won't even acknowledge that. No...
by Clever_Username
Tue Apr 28, 2015 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Primerica [as a job]
Replies: 12
Views: 1089

Re: Primerica

Andymoler58 wrote:Hahaha, but they said it's like football. I just have to run the plays that the coach calls?


Yes, but the coach is Mike Martz. Or, if you're someone who thinks Martz isn't an incompetent football coach, it's David Shula.
by Clever_Username
Tue Apr 28, 2015 4:32 pm
Forum: Investing - Theory, News & General
Topic: I Bonds - now or later in the year?
Replies: 44
Views: 5147

Re: I Bonds - now or later in the year?

Did we ultimately discover what the rates for I-Bonds purchased in May 2015 will be? Or is that information we won't know until May 1?
by Clever_Username
Sun Apr 26, 2015 12:14 am
Forum: Investing - Theory, News & General
Topic: What I learned at my mandatory employee 403(b) info meeting
Replies: 52
Views: 5956

Re: What I learned at my mandatory employee 403(b) info meet

It almost makes me want to start my own White Coat Investor blog for teachers or go into investment advice on the side except that most teachers either (1) seem to be just living month to month and have no money to invest anyway, or (2) they are married to professional husbands and basically teach ...
by Clever_Username
Wed Apr 22, 2015 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: 9 or 12 month salary?
Replies: 26
Views: 3517

Re: Teachers: 9 or 12 month salary?

My summer benefits (health coverage, etc) are covered regardless of whether or not I work summer school, and are paid for out of my April paycheck, which only affects the amount leftover after everything else. It seems that they are pretty much the same other than your April paycheck would be lower...
by Clever_Username
Tue Apr 21, 2015 7:06 pm
Forum: Investing - Theory, News & General
Topic: "How much of your portfolio is in index funds, and why?"
Replies: 91
Views: 8510

Re: "How much of your portfolio is in index funds, and why?"

....and the probability of above-average returns (during the past 10 years over 75% of managed funds were outperformed by their index). Of course any index fund will be outperformed 100% of the time by its index. :) Not necessarily. There's tracking error, and sometimes it's in your favor, such as ...
by Clever_Username
Tue Apr 21, 2015 4:15 pm
Forum: Investing - Theory, News & General
Topic: "How much of your portfolio is in index funds, and why?"
Replies: 91
Views: 8510

Re: "How much of your portfolio is in index funds, and why?"

Hmm. 88%. I have approx $200k portfolio, including $17k in Series-I bonds and $5k in Series-EE bonds. Rest is total bond market index, total stock market index, and total international stock market index.

I believe the "why" has already been covered by others in this thread.
by Clever_Username
Mon Apr 20, 2015 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: 9 or 12 month salary?
Replies: 26
Views: 3517

Re: Teachers: 9 or 12 month salary?

First, thank you to everyone who responded. I really do appreciate you taking the time. Every comment, even the ones that aren't included in my reply, was helpful to my thinking through this. I'm married to a teacher who used to get paid over 9 months. We're good at budgeting and we figured we might...
by Clever_Username
Mon Apr 20, 2015 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: 9 or 12 month salary?
Replies: 26
Views: 3517

Teachers: 9 or 12 month salary?

Hi all, I'm a teacher and was recently informed that if I want to switch from a nine month salary to a 12 month salary for the 2015-16 school year, I need to do so in the next few weeks. I see no reason to do so, but I want to throw this out there for feedback. I realize that if I were inclined to s...
by Clever_Username
Fri Apr 17, 2015 9:03 am
Forum: Investing - Theory, News & General
Topic: [retired guy said] terrible crash is coming
Replies: 71
Views: 8618

Re: [retired guy said] terrible crash is coming

Thanks. I will stay the course. But, I am learning so it is tough when I keep hearing all this noise. I will stay on course. Riptide There are different kinds of noise...stock tips from friends & family or coworkers...noise from investing web sites...noise from cable television. And then there ...
by Clever_Username
Tue Apr 14, 2015 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Donating old books and getting tax writeoff?
Replies: 17
Views: 2198

Re: Donating old books and getting tax writeoff?

I've never done this, but I have probably about a moving box's worth of books I likely won't read again but are in decent condition. How do I go about donating them to a library?
by Clever_Username
Sun Apr 12, 2015 9:59 am
Forum: Investing - Theory, News & General
Topic: Stop contributing, and cash out your 401
Replies: 16
Views: 2823

Re: Stop contributing, and cash out your 401

dh wrote:Good find. I wish she would have stuck with Rasberry, rather than using Vanguard in her company name!


I'm actually a little surprised that it isn't a trademark violation.
by Clever_Username
Fri Apr 10, 2015 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay more than face value for a gift card
Replies: 19
Views: 1941

Re: Why pay more than face value for a gift card

(In case people aren't familiar... your bid is secret. If you enter a bid of, say, $100, all that happens is that whenever someone else bids, eBay automatically and instantly raises your visible bid to just over your competitors... until your maximum is reached. I don't understand why anyone does a...
by Clever_Username
Fri Apr 03, 2015 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: How to "prove" Savings Bond held with Treasury Direct
Replies: 12
Views: 1650

Re: How to "prove" Savings Bond held with Treasury Direct

I'm getting a mix. Log in, click "current holdings." Mike's account, X-123-456-789, where 'X' is some letter and the rest are digits. It isn't actually the string "X-123-456-789" at top. Last name appears nowhere. Click radio button for Series I Savings Bonds and then submit. Sam...
by Clever_Username
Fri Apr 03, 2015 9:13 am
Forum: Personal Finance (Not Investing)
Topic: How to "prove" Savings Bond held with Treasury Direct
Replies: 12
Views: 1650

Re: How to "prove" Savings Bond held with Treasury Direct

Well that's somewhat troubling. Roughly half of my cash and cash-equivalents is now in Series I Bonds, and that fraction is only going to increase as I buy more and as I diminish my bank-held emergency fund accordingly. And yet, in a year or two, I'm considering moving to a larger place, and was men...
by Clever_Username
Thu Apr 02, 2015 9:50 am
Forum: Investing - Theory, News & General
Topic: Sell American Funds for Vanguard ones?
Replies: 24
Views: 1868

Re: Sell American Funds for Vanguard ones?

I'm surprised I haven't seen this advice yet in this thread: if you're sure you want to sell and buy equivalents at Vanguard, even if you don't sell at AF, take distributions in cash (well, into the bank at least) instead of reinvesting them with AF. Reinvest those dividends into the equivalent Vang...
by Clever_Username
Fri Mar 27, 2015 5:04 pm
Forum: Investing - Theory, News & General
Topic: I Bonds - now or later in the year?
Replies: 44
Views: 5147

Re: Wait for I-bond?

I'm waiting for the new rates because it can't be any less than 0. At the same time, even if it is higher, it won't be meaningfully higher. The last few months have seen seen big drops in oil, so I wouldn't be surprised if the inflation component is actually negative even though the bond itself can...
by Clever_Username
Sat Feb 21, 2015 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest financial decision?
Replies: 172
Views: 16096

Re: What is the worst financial decision that you've made?

Ironically, our increasing income made things worse. How did this make it worse? They really just wanted to scare me with a big number like $3 million so that I would settle for relatively small amount (~ $30,000) that would enable them to keep the house. Instead I paid $35,000 to the best real est...
by Clever_Username
Sat Feb 14, 2015 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Your car repair/parts expenses for 2014
Replies: 29
Views: 2187

Re: Your car repair/parts expenses for 2014

I spent about $1800 on car repairs (2006 Mazda 3) in 2014. However, not all of these are annual expenses; among other things, brakes. I'll post an itemized list if you want.
by Clever_Username
Sat Feb 07, 2015 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: The Emergency Fund Revisited
Replies: 20
Views: 2065

Re: The Emergency Fund Revisited

I'm in the process. For my entire adult life, I've had six months' expenses in the bank in some form. When I earned money as a minor -- dating back to babysitting money in the third grade -- I put half of it into savings. This was a little indirect: I'd hand the cash to my parents, and they'd deposi...
by Clever_Username
Sat Feb 07, 2015 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Unhappy With Job Raise
Replies: 78
Views: 8068

Re: Unhappy With Job Raise

Candor wrote: I guess I need to decide whether this company is selling me short or I'm just overpaid. I'm not sure. :D


Have you gone about soliciting offers elsewhere? Depending on your field, I hear this is sometimes a great way to determine the answer to that question.
by Clever_Username
Sat Feb 07, 2015 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Lending money to family - I can't say no
Replies: 82
Views: 5965

Re: Lending money to family - I can't say no

Your MIL opened up a CC under your husband's name without his permission? I'd be done. As in not speaking with her any longer and reporting fraud to the police. I don't know all the details about the CC, but I don't think we are interested in adding to her problems with legal action right now. Supp...
by Clever_Username
Thu Feb 05, 2015 10:20 am
Forum: Investing - Help with Personal Investments
Topic: $10,000 lump sum into VTIAX?
Replies: 19
Views: 1395

Re: $10,000 lump sum into VTIAX?

Are you already maxing out your workplace plan and IRAs? You might find it better to increase those contributions first; the tax savings will offset the poor ERs in the 401(k), unless they're extremely high and you intend to stay there long term.
by Clever_Username
Wed Feb 04, 2015 3:38 pm
Forum: Personal Consumer Issues
Topic: anyone here been to the Super Bowl?
Replies: 23
Views: 2683

Re: anyone here been to the Super Bowl?

Sounds amazing. Not to mention you'll be able to tell your grandkids you were there in person for one of the most (in)famous plays in Super Bowl history. Thanks for letting us know how it went! Two of them! "The Juggle" and "The Butler Did It." Glad you had fun, OP. I love Phoen...
by Clever_Username
Wed Feb 04, 2015 3:36 pm
Forum: Personal Consumer Issues
Topic: Joining the free dinner circuit? Promises, promises.
Replies: 100
Views: 8844

Re: Joining the free dinner circuit? Promises, promises.

My technique is to look up where they offer timeshares and use other places as your answer to "Where would you love to vacation?" I went with a friend to one and when the salesperson asked us that, we had our answers prepared ahead of time. I said, "South Dakota" and my friend s...
by Clever_Username
Tue Jan 27, 2015 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Refund from the IRS? Why?
Replies: 51
Views: 5200

Re: Refund from the IRS? Why?

It has been quite some time since I've had a calendar year with only one single employer. It's tough enough with a single employer to get it exactly right. I adjusted some withholding amounts when I was in the 15% marginal bracket because ... well, because the few extra hundred dollars a month, inst...
by Clever_Username
Thu Jan 22, 2015 12:50 am
Forum: Personal Consumer Issues
Topic: anyone here been to the Super Bowl?
Replies: 23
Views: 2683

Re: anyone here been to the Super Bowl?

First, go and enjoy. I hope your boys keep those silly other birds from winning the big one in my nest. Next... I haven't been to a Super Bowl, but my parents went to several, as did my grandfather. Get there early, but otherwise, try to enjoy it as if it were any other meaningful game. If you're in...
by Clever_Username
Wed Jan 21, 2015 11:42 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 835
Views: 116997

Re: What Movie Have You Recently Watched?

Last night, I went to a screening of Innerspace, complete with a Q&A with Joe Dante (director) afterward. It was awesome.
by Clever_Username
Wed Jan 21, 2015 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you hit $100,000?
Replies: 68
Views: 6288

Re: What age did you hit $100,000?

I'm assuming for this that I have $0 equity in my condo. I have more than that, but I don't care to even figure out how much it is. That having been said, I was 30, in 2014. A great market the year before, coupled with solid income, has helped tremendously. Evidently, as of close of market yesterday...
by Clever_Username
Mon Jan 19, 2015 6:09 pm
Forum: Investing - Theory, News & General
Topic: Let's Celebrate! Which funds are you buying in 2015?
Replies: 48
Views: 3901

Re: Let's Celebrate! Which funds are you buying in 2015?

So far in 2015: Total international stock -- in taxable. Total domestic stock -- in Roth IRA (already maxed out, is the only fund in Roth IRA) Will be purchasing later in year: Total domestic stock -- twelve regular contributions in both 401(a) and 403(b). Total domestic bond -- twelve regular contr...
by Clever_Username
Thu Jan 15, 2015 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds and Taxes?
Replies: 2
Views: 434

Re: Index Funds and Taxes?

There aren't separate taxes on index funds over other mutual funds. Qualified distributions are taxed at one rate, unqualified at another, and capital gains depend on whether they're long-term or short-term gains. I'm assuming these are in a taxable account and not in a tax-advantaged one? Because i...
by Clever_Username
Tue Jan 13, 2015 9:07 pm
Forum: Investing - Theory, News & General
Topic: Would managed funds beat index funds IF...
Replies: 34
Views: 2486

Re: Would managed funds beat index funds IF...

To be fair, you should be comparing with a consumer staples index, not the S&P 500. 8-) And also have picked these in the 90s and not today, as nisi pointed out. I think he has held them since the 90s. I also don't think he's bragging, since the three he mentioned returned less than the index h...
by Clever_Username
Mon Jan 12, 2015 8:29 pm
Forum: Investing - Theory, News & General
Topic: Why Is "Deflation" A Bad Thing??? How To Prepare/Profit?
Replies: 87
Views: 6533

Re: Why Is "Deflation" A Bad Thing??? How To Prepare/Profit

That said, where does one position investments to safely capitalize on deflation? Lots of ideas, but one thing that hasn't been mentioned is I Bonds. While most folks think of I Bonds for INflation protection, most don't realize that they also provide DEflation protection. Since the composite rate ...
by Clever_Username
Mon Jan 12, 2015 10:08 am
Forum: Investing - Theory, News & General
Topic: How much in I bonds do you own?
Replies: 29
Views: 3259

Re: How much in I bonds do you own?

I didn't buy any until last year, when I bought $10,000.

I plan to buy some more this month, and then some later this year.
by Clever_Username
Thu Jan 08, 2015 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: should I stop 401K contributions as I ready to retire?
Replies: 24
Views: 2463

Re: should I stop 401K contributions as I ready to retire?

One of the key suggestions raised is that I need to go back and look into backdoor ROTH IRAs. I'll have to look into reverse rollover from my current retirement account(s), (the difficulty lies in determining deductible contributions plus earnings) but the effort to fund a ROTH account will be a be...
by Clever_Username
Thu Jan 08, 2015 12:46 am
Forum: Investing - Theory, News & General
Topic: Bonds had a pretty good year in 2014?
Replies: 11
Views: 1686

Re: Bonds had a pretty good year in 2014?

zvez wrote:at the beginning of 14 they were predicting a bond meltdown, glad they were wrong.


I wonder how many years in a row we've been told about a coming bond meltdown that hasn't happened.
by Clever_Username
Wed Jan 07, 2015 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: should I stop 401K contributions as I ready to retire?
Replies: 24
Views: 2463

Re: should I stop 401K contributions as I ready to retire?

oharaj wrote:Roth and Roth conversions are not doable due to existing traditional IRA holdings.



That's a backdoor Roth you're thinking of. Contributing to a Roth 401(k) directly, if the option exists in your workplace plan, is unaffected by any and all holdings in a traditional IRA.
by Clever_Username
Wed Jan 07, 2015 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: should I stop 401K contributions as I ready to retire?
Replies: 24
Views: 2463

Re: should I stop 401K contributions as I ready to retire?

You put the money into the 401(k) and save at the top marginal rate; it grows tax free and comes out, more or less, at your effective rate for that year. So, even if your marginal bracket remains the same, you still get to fill the 0% "bucket", the 10% "bucket" etc on your way to...
by Clever_Username
Wed Jan 07, 2015 3:19 pm
Forum: Personal Consumer Issues
Topic: Games
Replies: 38
Views: 4575

Re: Games

Also, be sure to choose games you will both enjoy. My ex and I were both ultra-competitive, and it made for some particularly awkward evenings :) Co-operative games are key here, I think. My current favorite within this realm is Scott Pilgrim Vs The World on X-Box 360. Well worth the $10 or so.
by Clever_Username
Mon Jan 05, 2015 11:21 pm
Forum: Investing - Theory, News & General
Topic: Retiring early
Replies: 12
Views: 2541

Re: Retiring early

Thanks for posting, that was an interesting read. Actually, for me, the most interesting thing that I had never noticed myself before was that Wade Pfau's article on 3% SWR include 1% for management fees! Yikes! That was probably discussed here ages ago, but I must have missed it. I don't recall ev...
by Clever_Username
Mon Jan 05, 2015 11:17 pm
Forum: Investing - Theory, News & General
Topic: Do you rebalance each time you fund your account?
Replies: 25
Views: 1860

Re: Do you rebalance each time you fund your account?

No. When I fund my Roth IRA -- now just January 1 every year, unless I change my mind -- it's always 100% TSM, because that's all I have for funds in that department (bonds are in pre-tax and int'l stocks are in taxable, with TSM in all three). I don't change my other accounts to balance this out, a...
by Clever_Username
Sun Jan 04, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: 401K contributions
Replies: 9
Views: 774

Re: 401K contributions

One other caution: if your employer doesn't know that you're going to retire, they might be able to figure out when you're going to leave by the change in your 401(k) and might choose to end your employment before then. Whether or not your company would do this, I don't know, but it could conceivabl...

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