Search found 215 matches

Return to advanced search

Re: What is your net worth

pennstater2005 wrote:Negative. Now I'm depressed.



I almost fell out of my chair when I saw the results this poll. There are some mega wealthy people on here :D .

Don't be depressed about it. Many roads to Dublin as they say :beer
by tainted-meat
Wed Apr 16, 2014 10:31 am
 
Forum: Investing - Theory, News & General
Topic: What is your net worth
Replies: 37
Views: 5375

Re: Anyone use Fidelity as their bank account?

I believe Cash Management is different than the brokerage account.
by tainted-meat
Tue Apr 15, 2014 6:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone use Fidelity as their bank account?
Replies: 27
Views: 1754

Re: Woodpeckers...I'm desperate!

maybe try a paintball gun
by tainted-meat
Sat Apr 12, 2014 8:30 pm
 
Forum: Personal Consumer Issues
Topic: Woodpeckers...I'm desperate!
Replies: 52
Views: 3414

Re: Stock markets in free fall?

@sscritic - my point is that I don't think bonds are good for anyone <40 yrs old. To each their own :beer
by tainted-meat
Sat Apr 12, 2014 5:56 pm
 
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 6543

Re: Stock markets in free fall?

I'm well aware of TIPS, I just don't use them or think they are a good long-term investment, YMMV.

EDIT to clarify: for folks in their 20's, 30's and maybe even early 40's
by tainted-meat
Sat Apr 12, 2014 5:46 pm
 
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 6543

Re: Stock markets in free fall?

Inflation is the silent portfolio killer for bond/fixed income heavy portfolios.
by tainted-meat
Sat Apr 12, 2014 4:41 pm
 
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 6543

Re: Stock markets in free fall?

Bonds are still a waste of time for young investors (<40yrs) who plan on retiring at 55 or later, even if the market drops another 30-40%. The market has risen well over that in the last few years and bonds would have been a major drag on returns.
by tainted-meat
Fri Apr 11, 2014 11:51 pm
 
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 6543

Re: Improvement needed

It never ceases to amaze me how people who are getting the short end of the stick feel guilty about trying to get their fair share and do what is right for themselves.

Protecting and maintaining your self interest is not the same as being selfish.
by tainted-meat
Fri Apr 11, 2014 9:09 am
 
Forum: Investing - Help with Personal Investments
Topic: Improvement needed
Replies: 42
Views: 1748

Re: Getting over huge mistakes

Wow, LOL
by tainted-meat
Thu Apr 10, 2014 9:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Getting over huge mistakes
Replies: 30
Views: 3298

Re: 28 y/o needs checkup

I'm going to echo runner on this one. Don't waste tax advantaged space.
by tainted-meat
Sun Apr 06, 2014 8:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: 28 y/o needs checkup
Replies: 7
Views: 632

Re: 28 y/o needs checkup

You have TIRA assets, so I'm not sure the Backdoor Both would be a good idea as you are probably going to run into pro-rata rules. Does your new 401k have low-cost options? If so, does it allow you to roll your TIRA into it? That would allow you to avoid pro-rata rules. Here's the thread on it: http...
by tainted-meat
Sun Apr 06, 2014 9:24 am
 
Forum: Investing - Help with Personal Investments
Topic: 28 y/o needs checkup
Replies: 7
Views: 632

Re: 25 Year old deciding on Portfolio AA

Well, I should have been a pharmacist :) In all seriousness, you're doing great. To answer your questions: 1. 50% Total Stock Market and 50% Total International Stock Market - I wouldn't do bonds @ age 25 but it's your call. 2. No opinion here, it seems fine. 3. I would focus more on debt repayment ...
by tainted-meat
Fri Apr 04, 2014 9:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: 25 Year old deciding on Portfolio AA
Replies: 4
Views: 533

Re: New bond funds in HSA - should I switch?

HSA is the best retirement savings vehicle IMO. No tax on the front or back end (if used for medical expenses) with the option of paying taxes on withdrawals for non-medical expenses at 65 without a penalty. Also, there is no FICA tax on HSA contributions directly taken from your paycheck.
by tainted-meat
Fri Apr 04, 2014 5:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: New bond funds in HSA - should I switch?
Replies: 16
Views: 642

Re: 24, starting new job - advice please!

Consider maxing out the 401k, then maxing out a Traditional IRA instead of a Roth IRA.
by tainted-meat
Sat Mar 29, 2014 9:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: 24, starting new job - advice please!
Replies: 19
Views: 1066

Re: Frugal Fatigue

Spend money on the things you want to do. Certainly don't eat Ramen noodles, unless you just like to eat them.

Go out to eat if that's what you like to do. Money gives you the freedom to do the things you want to do, it's not meant to be hoarded. :beer
by tainted-meat
Sat Mar 29, 2014 11:30 am
 
Forum: Personal Consumer Issues
Topic: Frugal Fatigue
Replies: 96
Views: 9804

Re: Dave Ramsey on Bonds

Good post CyberBob.

Inflation is the true portfolio killer if bonds make up too much of a portfolio, especially at today's meager rates.
by tainted-meat
Sat Mar 29, 2014 11:11 am
 
Forum: Investing - Theory, News & General
Topic: Dave Ramsey on Bonds
Replies: 17
Views: 3492

Re: Just getting started at 38, advice please

If you don't have a 401k, do a Traditional IRA and save on the taxes. 2013 - $5,500 contribution 2014 - $5,500 contribution If you go with Vanguard, make it easy and put it all in this fund: Vanguard Total World Stock Index Fund Investor Shares (VTWSX) Invest it and leave it alone. As the great Jack...
by tainted-meat
Sat Mar 29, 2014 10:59 am
 
Forum: Investing - Help with Personal Investments
Topic: Just getting started at 38, advice please
Replies: 19
Views: 2762

Re: Leaving 401k money at previous employer

If the fees in the old 401k are lower than they would be in a Vanguard IRA, then I would leave the 401k where it is. That way, it doesn't affect your backdoor roth option. Remember, taxes are one of the largest drags on a retirement portfolio, there is no need to do a rollover only to conver that la...
by tainted-meat
Thu Mar 27, 2014 10:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Leaving 401k money at previous employer
Replies: 9
Views: 691

Re: 23 year old ready to start my investing life.

In my opinion, anyone who is this young should be 100% stocks. There is only a short time in one's life where this is feasible. 70/30 is a ridiculous asset allocation for a 23 year old. Agreed. At 23 there is no need to have bonds as long as you have a sufficient emergency fund. I don't plan on own...
by tainted-meat
Sat Mar 22, 2014 2:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: 23 year old ready to start my investing life.
Replies: 36
Views: 3412

Re: Maxed out.. what is next.?

You could also consider a 529 for college education.
by tainted-meat
Fri Mar 14, 2014 11:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: Maxed out.. what is next.?
Replies: 6
Views: 793

Re: Maxed out.. what is next.?

According to your post, you've done an IRA. I'd put it in a Total International Index Fund via a taxable account.
by tainted-meat
Fri Mar 14, 2014 11:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Maxed out.. what is next.?
Replies: 6
Views: 793

Re: decision on pension vs 403b/moving to new state

I'd probably take the pension either way, but in SC I would definitely take it. SC (and really the whole Southeast) has a growing population and I don't think they will have many troubles in the near future. Good luck :beer
by tainted-meat
Tue Mar 04, 2014 9:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio eval./ decision on pension vs 403b, moving
Replies: 14
Views: 620

Re: Whats the best way to invest 50k per year?

So your goal in life is to be a 35 year old single guy who lives with his parents and has a $100k+ income with minimal effort? actually at 35-40 id be moving out. i just dont want to be 35-40 making 60k a gross and thats it. This thread is wrong on so many levels. :twisted: Move out of the parents ...
by tainted-meat
Sat Mar 01, 2014 2:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Whats the best way to invest 50k per year?
Replies: 57
Views: 2449

Re: What would YOU do with $300K?

1. Milk the 'free' housing until it is no longer available.

2. Put the rest in a Total International Index Fund and/or Total Stock Market Fund and let it ride.

3. :beer :moneybag :greedy
by tainted-meat
Fri Feb 21, 2014 11:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: What would YOU do with $300K?
Replies: 28
Views: 3121

Re: Buying a Pool Table

Get solid wood (not particle board) for the frame/legs to prevent it from warping and at least 3/4 inch thick slate.
by tainted-meat
Mon Feb 17, 2014 10:53 pm
 
Forum: Personal Consumer Issues
Topic: Buying a Pool Table
Replies: 6
Views: 570

Re: Late start advice requested (30 years old)

15% for an auto loan is highway robbery. Shame on the person that sold that to you.
by tainted-meat
Wed Feb 12, 2014 1:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Late start advice requested (30 years old)
Replies: 49
Views: 3189

Re: WSJ: How Much a 401(k) Contribution Is Worth

She answered the question.

"What mistakes do people make when planning their approach to taxes?"

Her answer was to contribute to a 401k to minimize taxable income.
by tainted-meat
Tue Feb 11, 2014 10:44 pm
 
Forum: Investing - Theory, News & General
Topic: WSJ: How Much a 401(k) Contribution Is Worth
Replies: 5
Views: 1044

Re: The Gecko cost me a lot of $. How often to switch car in

I am probably one of those price insenstive customers. I don't switch unless given a reason to. Switching for $100 or $200 a year just wouldn't be worth it to me, especially if I have a good relationship with the company. Insurance claims can cost you a lot more than that if you get with the wrong c...
by tainted-meat
Sat Feb 08, 2014 12:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: The Gecko cost me a lot of $. How often to switch car ins?
Replies: 78
Views: 7691

Re: 100% Stocks?

This is a frequent topic on the board. I personally don't see any issues with having a 100% stock portfolio as long as you have a 'solid' emergency fund... solid is for you define as it will differ from person to person. If you save up a large enough sum of money, then I'm not sure you would ever ne...
by tainted-meat
Sat Feb 08, 2014 12:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: 100% Stocks?
Replies: 32
Views: 2105

Re: Portfolio and 403 (b) help for a late starter!

You might consider reading through the "Backdoor Both" strategy.

viewtopic.php?f=10&t=86262
by tainted-meat
Mon Jan 27, 2014 10:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio and 403 (b) help for a late starter!
Replies: 10
Views: 621

Re: Fidelity 2% Amex Cardholders: Autopay the Bill?

Log in, then click "View Transactions". A new separate window will open. On the right hand side of the new window should be a picture with a pocketwatch that says "Save Time With Automatic Full Balance Payments".

Click that link and follow the instructions.
by tainted-meat
Mon Jan 13, 2014 6:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Amex Cardholders: Autopay the Bill?
Replies: 31
Views: 2676

Re: What next: HSA or taxable?

Since the HSA is not through your employer, you will not save on FICA tax which is a bummer. If an HSA was offered through your employer you could save on FICA tax if contributions were taken directly from your paycheck. It's still a great savings vehicle though and I would definitely utilize it bef...
by tainted-meat
Wed Dec 18, 2013 11:36 pm
 
Forum: Investing - Help with Personal Investments
Topic: What next: HSA or taxable?
Replies: 12
Views: 852

Re: What next: HSA or taxable?

HSA is the best after you have contributed enough to get the company match. HSA contributions are not taxed at all - this includes FICA tax if taken directly from your payroll. Withdrawals for eligible healthcare expenses are not taxable. You can also withdraw at age 65 for non-healthcare related ex...
by tainted-meat
Wed Dec 18, 2013 11:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: What next: HSA or taxable?
Replies: 12
Views: 852

Re: Vehicle Allowance or Company Vehicle??

I'd do the company car. Something as simple as a flat tire can cost a lot of money on the open road. I assume they also let you use it for personal use. You could sell your personal car and nix the insurance payments.
by tainted-meat
Mon Dec 16, 2013 8:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vehicle Allowance or Company Vehicle?
Replies: 17
Views: 530

Re: Optimizing job offer negotiation (game theory?)

Wow, that's a laughable offer. I would tell them thanks but no thanks.
by tainted-meat
Mon Dec 16, 2013 6:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Optimizing job offer negotiation (game theory?)
Replies: 13
Views: 857

Re: How to dispose of household effects (estate sale?)

There's probably a local auctioneer that will do it.
by tainted-meat
Wed Dec 11, 2013 10:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to dispose of household effects (estate sale?)
Replies: 10
Views: 1027

Re: How should i start to save?

Fund the Roth IRA for 2013. You can pull the principal if needed. ......Or, if you'd like an adventure..... Search "Bob's not my name"s posts and read his threads on using a Traditional IRA as an emergency fund. He's got some really neat threads that turned me towards using Traditional IRA...
by tainted-meat
Tue Dec 10, 2013 9:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: How should i start to save?
Replies: 14
Views: 1844

Re: Louisville, Ky. chapter

I live in Louisville and would join.
by tainted-meat
Wed Dec 04, 2013 1:00 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Louisville, Ky. chapter
Replies: 27
Views: 1448

Re: Investment advice- New college graduate

Max all tax advantaged accounts before investing in taxable. Save on taxes :beer
by tainted-meat
Sun Nov 17, 2013 8:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment advice- New college graduate
Replies: 5
Views: 587

Re: HD vs Regular Channels

If you have an HD TV then definitely.

If not, no.
by tainted-meat
Wed Nov 13, 2013 3:34 pm
 
Forum: Personal Consumer Issues
Topic: HD vs Regular Channels
Replies: 46
Views: 2524

Re: New to Forum-Opinion needed!

I don't mean to be harsh, but the reality is that with only $3,600 it doesn't much matter what your allocation is between stock and bonds.

I would worry less about asset allocation (for now) and more about saving as much money as you possibly can.
by tainted-meat
Tue Nov 12, 2013 2:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: New to Forum-Opinion needed!
Replies: 17
Views: 931

Re: Need help deciding whether or not to sell my house

I live in Louisville as well. Much of the south and west parts of the city is in a flood zone as these parts are essentially dried up swamps. If you do move, make sure to check with MSD to see if they have had any issues. Even parts in East Louisville like parts St. Matthews has had drainage problem...
by tainted-meat
Sun Oct 27, 2013 10:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Need help deciding whether or not to sell my house
Replies: 13
Views: 1383

Re: Fidelity announces new suite of low-cost ETFs (price war

Lots of great choices out there now. Great for us investors!

It's really cool what Jack Bogle started, he changed the whole industry!
by tainted-meat
Sat Oct 26, 2013 11:41 am
 
Forum: Investing - Theory, News & General
Topic: Fidelity announces new suite of low-cost ETFs (price war?)
Replies: 6
Views: 1337

Re: Free 39-Week Subscription to Wall Street Journal

Thanks for sharing, Mike.
by tainted-meat
Fri Oct 25, 2013 6:25 pm
 
Forum: Personal Consumer Issues
Topic: Free 39-Week Subscription to Wall Street Journal
Replies: 24
Views: 3860

Re: Giving notice...how much time?

I'd give what they ask if they've been fair to other employees. I'm not a fan of burning bridges.
by tainted-meat
Sat Oct 19, 2013 8:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Giving notice...how much time?
Replies: 55
Views: 4687

Re: Anyone run a remanufactured engine in their car?

Like a poster mentioned above, get a Jasper Engines remanufactured one.
by tainted-meat
Sat Oct 12, 2013 9:27 am
 
Forum: Personal Consumer Issues
Topic: Anyone run a remanufactured engine in their car?
Replies: 21
Views: 1217

Re: Wife's Sales Compensation

The grass is not always greener on the other side :beer
by tainted-meat
Fri Oct 11, 2013 8:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wife's Sales Compensation
Replies: 4
Views: 1070

Re: Anyone else freaking about the state of the market?

As our fearless leader Jack Bogle says, "Stay the course"
by tainted-meat
Mon Oct 07, 2013 7:26 pm
 
Forum: Investing - Theory, News & General
Topic: Anyone else freaking about the state of the market?
Replies: 95
Views: 7443
Next

Return to advanced search