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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
Fri Mar 27, 2015 5:04 pm
 
Forum: Investing - Theory, News & General
Topic: I Bonds - now or later in the year?
Replies: 38
Views: 3203

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 21, 2015 11:25 am
 
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest financial decision?
Replies: 172
Views: 15364

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 14, 2015 11:02 am
 
Forum: Personal Finance (Not Investing)
Topic: Your car repair/parts expenses for 2014
Replies: 29
Views: 1959

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 2:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: The Emergency Fund Revisited
Replies: 20
Views: 1942

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 1:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Unhappy With Job Raise
Replies: 78
Views: 7819

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
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: 5870

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
Thu Feb 05, 2015 10:20 am
 
Forum: Investing - Help with Personal Investments
Topic: $10,000 lump sum into VTIAX?
Replies: 19
Views: 1299

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 3:38 pm
 
Forum: Personal Consumer Issues
Topic: anyone here been to the Super Bowl?
Replies: 23
Views: 2590

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
Wed Feb 04, 2015 3:36 pm
 
Forum: Personal Consumer Issues
Topic: Joining the free dinner circuit? Promises, promises.
Replies: 100
Views: 8287

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
Tue Jan 27, 2015 5:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Refund from the IRS? Why?
Replies: 51
Views: 5119

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
Thu Jan 22, 2015 12:50 am
 
Forum: Personal Consumer Issues
Topic: anyone here been to the Super Bowl?
Replies: 23
Views: 2590

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 11:42 pm
 
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 655
Views: 86483

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
Wed Jan 21, 2015 11:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: What age did you hit $100,000?
Replies: 68
Views: 6103

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
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: 3708

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
Thu Jan 15, 2015 11:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Index Funds and Taxes?
Replies: 2
Views: 432

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
Tue Jan 13, 2015 9:07 pm
 
Forum: Investing - Theory, News & General
Topic: Would managed funds beat index funds IF...
Replies: 34
Views: 2457

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 8:29 pm
 
Forum: Investing - Theory, News & General
Topic: Why Is "Deflation" A Bad Thing??? How To Prepare/Profit?
Replies: 87
Views: 6377

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
Mon Jan 12, 2015 10:08 am
 
Forum: Investing - Theory, News & General
Topic: How much in I bonds do you own?
Replies: 29
Views: 3208

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 1:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: should I stop 401K contributions as I ready to retire?
Replies: 24
Views: 2444

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
Thu Jan 08, 2015 12:46 am
 
Forum: Investing - Theory, News & General
Topic: Bonds had a pretty good year in 2014?
Replies: 11
Views: 1676

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 8:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: should I stop 401K contributions as I ready to retire?
Replies: 24
Views: 2444

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 3:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: should I stop 401K contributions as I ready to retire?
Replies: 24
Views: 2444

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
Wed Jan 07, 2015 3:19 pm
 
Forum: Personal Consumer Issues
Topic: Games
Replies: 38
Views: 4483

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 11:21 pm
 
Forum: Investing - Theory, News & General
Topic: Retiring early
Replies: 12
Views: 2491

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
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: 1808

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...
by Clever_Username
Sun Jan 04, 2015 4:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: 401K contributions
Replies: 9
Views: 762

Re: CD in a Roth IRA

Yes, definitely move it and add it to your general allocation. A CD, particularly at that rate, would be fine if you're in retirement and need to leave some money in cash equivalents while waiting to likely remove it in the near future. To avoid some CD related fees, you may want to wait until it co...
by Clever_Username
Sun Jan 04, 2015 2:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: CD in a Roth IRA
Replies: 4
Views: 433

Re: Today is a Good Day to fund the 2015 IRA

island wrote:So what funds did you kids purchase?


My Roth is 100% total (domestic) stock market, so $5500 of that.

I also had some money ready for taxable investing that went through today, for $5000 of total international, but that's outside the Roth.
by Clever_Username
Fri Jan 02, 2015 5:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Today is a Good Day to fund the 2015 IRA
Replies: 69
Views: 8251

Re: Vanguard states ERs to 3 places!

I don't see it in my "Balances and holdings" view. Where are they showing this?
by Clever_Username
Fri Jan 02, 2015 2:57 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard states ERs to 3 places!
Replies: 25
Views: 2925

Re: Today is a Good Day to fund the 2015 IRA

Question: What happens if you fund your 2015 IRA on January 2, 2015 and you die on January 3, 2015 before you have any qualified income to fund a 2015 IRA? Seeing as how I funded my IRA for 2015 already, the Cardinals have a playoff game tomorrow, and my first day of work for the calendar year is o...
by Clever_Username
Fri Jan 02, 2015 1:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Today is a Good Day to fund the 2015 IRA
Replies: 69
Views: 8251

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

I think if you're filling up an I-bond emergency fund, then you may as well buy some every month and forget about optimizing rates over 0% or 0.1% or 0.2%. [There you go, that's my answer to your question - I don't expect much difference.] I just buy some every month with an automatic purchase from...
by Clever_Username
Fri Jan 02, 2015 1:06 pm
 
Forum: Investing - Theory, News & General
Topic: buy I-Bonds now or wait until later in the year?
Replies: 11
Views: 1816

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

Here's the thing that's been concerning me: how much of a difference does anyone expect in the fixed portion come May? That is, if I buy this month, there's four months of interest versus the one purchased in May when I eventually part with it. How much larger would the fixed portion have to be for ...
by Clever_Username
Fri Jan 02, 2015 11:44 am
 
Forum: Investing - Theory, News & General
Topic: buy I-Bonds now or wait until later in the year?
Replies: 11
Views: 1816

Re: Today is a Good Day to fund the 2015 IRA

Indeed. When I woke up yesterday, I put in the order at Vanguard to ensure I wouldn't forget. Now, more than 24 hours later, it's been on my mind quite a bit.

I guess I have another year before I can make another IRA contribution.
by Clever_Username
Fri Jan 02, 2015 11:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Today is a Good Day to fund the 2015 IRA
Replies: 69
Views: 8251

Re: Games

On the card game side, I travel in geek circles, so the card game choices tend to follow along... Chez Geek, Killer Bunnies, Munckin, and the like would be the more family-friendly ones. I'd like to echo Munchkin -- get your preferred variety. There's classic (fantasy), martial arts, western, zombi...
by Clever_Username
Fri Jan 02, 2015 1:35 am
 
Forum: Personal Consumer Issues
Topic: Games
Replies: 38
Views: 4483

Re: Do you usually order beverage at restaurants?

Usually water, unless I'm planning to stay quite some time (or am trying to avoid looking cheap, such as on an early date). If I order a drink, my first priority is iced tea, but only if it's brewed and unsweetened. I ask these first, and if it's passion fruit "iced tea," I'll send it back...
by Clever_Username
Fri Jan 02, 2015 1:30 am
 
Forum: Personal Consumer Issues
Topic: Do you usually order (not-free) beverage at restaurants?
Replies: 89
Views: 7739

Re: Games

"Pandemic" is a great game in which the players cooperate to thwart the spread of four plagues throughout the world. It's fun, but rewards fairly deep strategy that can shift suddenly as a result of random luck within certain constraints. Best of all, it's a cooperative game--both/all pla...
by Clever_Username
Wed Dec 31, 2014 6:22 pm
 
Forum: Personal Consumer Issues
Topic: Games
Replies: 38
Views: 4483

Re: maximum 403b 2015 in 4 months

The only thing I'd worry about is if they know she's leaving after the April paycheck; would her employer be inclined to dismiss her before then if they know she's going to quit? But yes, if the plan documents allow it, the IRS will. There's no obligation to fill up the account on the last day. Tha...
by Clever_Username
Tue Dec 30, 2014 2:43 pm
 
Forum: Investing - Theory, News & General
Topic: maximum 403b 2015 in 4 months
Replies: 7
Views: 809

Re: What did you enjoy spending money on this year?

Petrocelli wrote:Golf.


Same. Golf, golf lessons (dropped handicap index by four), no new clubs though (did re-grip and cut down a putter), some golf-related travel.

Also football tickets: went to the L.A. KISS first home game. That was fun.

Some travel; went to visit a friend for a week in another state.
by Clever_Username
Tue Dec 30, 2014 1:23 pm
 
Forum: Personal Consumer Issues
Topic: What did you enjoy spending money on this year?
Replies: 92
Views: 6167

Re: maximum 403b 2015 in 4 months

The only thing I'd worry about is if they know she's leaving after the April paycheck; would her employer be inclined to dismiss her before then if they know she's going to quit?

But yes, if the plan documents allow it, the IRS will. There's no obligation to fill up the account on the last day.
by Clever_Username
Tue Dec 30, 2014 12:32 pm
 
Forum: Investing - Theory, News & General
Topic: maximum 403b 2015 in 4 months
Replies: 7
Views: 809

Re: The Paradox of Financial Adulthood

I'm similar. Since 2012, I've maxed out employer plan (first 401(k), then career change and 403(b)). I've maxed out IRAs since 2011. This year (2014) I maxed out I-Bonds for the first time. I contribute to taxable retirement savings. I have a low-rate mortgage on a good place to live and decent equi...
by Clever_Username
Tue Dec 30, 2014 12:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: The Paradox of Financial Adulthood
Replies: 9
Views: 1651

Re: Index fund investing - now or wait

I was wondering if now is the right time to invest? The market is at an all time high and some of the funds might be at a premium. Yes it is. Here's the thing: if you try to time the market (which is what you're asking about), you're trying to be better at figuring out what the market is going to d...
by Clever_Username
Mon Dec 29, 2014 9:41 pm
 
Forum: Investing - Theory, News & General
Topic: Index fund investing - now or wait
Replies: 7
Views: 1409

Re: 401k contribution deadline

PaddyMac wrote:Self-employed people can contribute up to April 15 for 401k, SEP and Roth, and Oct 15 for 401k and SEP. I always thought it was different for W-2 income though.


My understanding has been that, for W-2 income folks, the pay period is what matters, and must be within that calendar year.
by Clever_Username
Mon Dec 29, 2014 8:31 pm
 
Forum: Investing - Theory, News & General
Topic: 401k contribution deadline
Replies: 7
Views: 804

Re: How to save like the rich - housing

marshallv wrote:I think the key is not to keep moving up as you get wealthier. I'd imagine, a lot of the top 1%'ers, at some point early on, had their house value larger than 9%.


See, for example, the house in which Warren Buffet lives.
by Clever_Username
Mon Dec 29, 2014 8:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to save like the rich - housing
Replies: 14
Views: 4253

Re: Bonus how much do you spend vs save?

Although this strategy does not take advantage of dollar-cost-averaging, I generally presume that the market will end up higher at the end of the year than at the beginning. And I recognize that I have no ability to time the market. And if you did want to DCA it, you could still put it all in the a...
by Clever_Username
Mon Dec 29, 2014 12:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bonus how much do you spend vs save?
Replies: 50
Views: 5032

Re: Bonus how much do you spend vs save?

I'm a little late to the party, but I didn't see this addressed: Another option is charitable giving. My spouse found that her bonus got taxed a lot, so almost nothing was left, but if she gave it away it really didn't hit her pocketbook very much at all. Are you sure you don't mean it had more wit...
by Clever_Username
Sun Dec 28, 2014 6:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bonus how much do you spend vs save?
Replies: 50
Views: 5032

Re: Bonus how much do you spend vs save?

I'm a little late to the party, but I didn't see this addressed: Another option is charitable giving. My spouse found that her bonus got taxed a lot, so almost nothing was left, but if she gave it away it really didn't hit her pocketbook very much at all. Are you sure you don't mean it had more with...
by Clever_Username
Sun Dec 28, 2014 3:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bonus how much do you spend vs save?
Replies: 50
Views: 5032

Re: Campaigning for changing my employer's 401k

Sounds like you were successful. VINIX in particular -- that's really neat news. My 403(b) only has Vanguard's investor-class shares. Congratulations on a successful campaign.
by Clever_Username
Thu Dec 04, 2014 3:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Campaigning for changing my employer's 401k
Replies: 10
Views: 1054

Re: IRS Announces new 401(k) contribution max for 2015 ($18,

Thanks for the explanations everyone. I should have remembered that $500 is a larger percent of $5500 than $17500.
by Clever_Username
Thu Oct 23, 2014 11:42 pm
 
Forum: Investing - Theory, News & General
Topic: IRS Announces new 401(k) contribution max for 2015 ($18,000)
Replies: 50
Views: 7991

Re: IRS Announces new 401(k) contribution max for 2015 ($18,

nwffdiver wrote:That's good news, but I really wish they would raise the IRA limit, so I could put more into our Roths.


Can someone explain to me why they aren't raising the IRA limit also? I'm sure there's a logical reason for it, I just don't get it.
by Clever_Username
Thu Oct 23, 2014 3:23 pm
 
Forum: Investing - Theory, News & General
Topic: IRS Announces new 401(k) contribution max for 2015 ($18,000)
Replies: 50
Views: 7991

Re: "I've had it" at work - how often

When I worked as a programmer, regularly. Maybe 2-3 times a month. But I had a boss who was (probably still is) an idiot. I left that job in favor of one that pays less, but in over a year, I haven't had a single "I've had it" moment -- and several "this is why I love this job" m...
by Clever_Username
Sat Oct 18, 2014 11:05 am
 
Forum: Personal Finance (Not Investing)
Topic: "I've had it" at work - how often
Replies: 151
Views: 13035
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