Search found 1571 matches

Return to advanced search

Re: Invest in One Lump Sum or Spread Out?

I agree it's an emotional or whatever makes you comfortable deal. You have to choose there. With $100k to start and adding almost half that each year for the next 25 years, I would just get started. Your contributions are going to likely dwarf any ups and downs for a while. The best footing for this...
by Twins Fan
Tue Dec 16, 2014 5:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Invest in One Lump Sum or Spread Out?
Replies: 9
Views: 602

Re: 401K- Clueless

I wouldn't say clueless... I'd say you're doing fairly well with a good emergency fund, pretty small debt load, your own home, and making pretty good use of the funds available in the 401k (lower fee funds). I didn't get serious about savings and such until I was 39, so I think you're still young to...
by Twins Fan
Tue Dec 16, 2014 3:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401K- Clueless
Replies: 8
Views: 1025

Re: Starting out at 35 with index funds and misc

As mentioned, you can open a Vanguard account for $3000 and those expense ratios are plenty low already. When you get to $10k in the account, it will change to Admiral Shares and you get the even lower expense ratio then. You could simply throw $3000 in the total stock market fund for now (for examp...
by Twins Fan
Fri Dec 12, 2014 2:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Starting out at 35 with index funds and misc
Replies: 17
Views: 1692

Re: Starting out at 35 with index funds and misc

Welcome! Are you saying you have a combined salary of $180k, no debt or minimal, no kids, and don't have a few thousand $$ now to open an account at Vanguard? :confused Let's start with, what kind of savings or emergency fund do you have now? Does spouse have a 401k or similar available? You can sti...
by Twins Fan
Fri Dec 12, 2014 12:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Starting out at 35 with index funds and misc
Replies: 17
Views: 1692

Re: Newbie portfolio and ? re. house sale proceeds

$30k for home and schooling looks to be already taken out... $37k to wipe out the credit card bill, that's a potential ticking time bomb. Get rid of it... And, the remainder left in savings until you go back to work, since it sounds like your situation may have changed and some costs are unknown. My...
by Twins Fan
Tue Dec 09, 2014 4:35 pm
 
Forum: Investing - Help with Personal Investments
Topic: Newbie portfolio and ? re. house sale proceeds
Replies: 5
Views: 760

Re: I need to accumulate $30k over the next 2 years, how?

Two years is a pretty short time frame to take much risk. How would you feel if right before you needed the money the market took a dive and you only had 3/4 of what you had a few months before? Starting from zero, there's not a whole lot of work/growth going to happen anyway. Your savings rate will...
by Twins Fan
Mon Dec 08, 2014 8:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: I need to accumulate $30k over the next 2 years, how?
Replies: 59
Views: 4033

Re: I Can't Smell The Coffee

gwrvmd wrote:Get a women.....The coffee they make in the morning smells wonderful.... and there are other benefits.........Gordon


Got one, and she does make good coffee! Just don't want her living with me! :D
by Twins Fan
Sun Dec 07, 2014 9:36 pm
 
Forum: Personal Consumer Issues
Topic: I Can't Smell The Coffee [one cup coffee maker]
Replies: 36
Views: 4818

Re: Did you parents and your childhood effect the way you ha

Absolutely, mine did... like at least a few in this one, my dad was the spender and my mom was the budget-er. If my dad wanted something within reason, he got it (boat, in ground pool, similar) and mom made it work in the budget. Mom cared about food on the table, bills being paid on time, and just ...
by Twins Fan
Sun Dec 07, 2014 9:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Did your parents/childhood affect the way you handle money?
Replies: 29
Views: 2052

Re: I Can't Smell The Coffee

I live alone and don't need a eight or ten cup coffee maker. I am happy with my one cup at a time Keurig Coffee Maker using K Cups, but sure miss the smell of brewing coffee. You don't?! I also live alone and have 12 cup coffee maker... love it! Of course, I only use it on my days off and make nine...
by Twins Fan
Sun Dec 07, 2014 9:11 pm
 
Forum: Personal Consumer Issues
Topic: I Can't Smell The Coffee [one cup coffee maker]
Replies: 36
Views: 4818

Re: Am I being cheap? [wedding/engagement ring]

If you're a guy asking to buy a chinchilla, well, your man card is revoked anyway....

You could have at least picked a cool breed of dog or similar... like a dragon! :D
by Twins Fan
Sun Dec 07, 2014 8:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Am I being cheap? [wedding/engagement ring]
Replies: 192
Views: 8796

Re: Interest only mortgages

Gotcha, we all have out views of things, so I can respect that. Why not just a plain fixed rate mortgage then? Or, if they can pay it off whenever, do they have enough cash to pay cash? I'm not a fan of interest only mortgages... seems like spinning the wheels and getting nowhere to me. I had and in...
by Twins Fan
Sun Dec 07, 2014 8:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Interest only mortgages
Replies: 6
Views: 814

Re: Better at making than investing

Well, you're roughly 30/70... stocks/fixed income now by my numbers. I find that reasonable for someone with $6.5 million and not wanting or needing to take risk. Although money markets are worth about diddly now days. There may be better places for that portion... even CDs. We aren't big fans of in...
by Twins Fan
Sun Dec 07, 2014 8:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Better at making than investing
Replies: 17
Views: 2001

Re: Am I being cheap? [wedding/engagement ring]

Admittedly, I've only read the first few posts and the last page, but... A. Why is this thread still going? :confused B. As someone unlucky in love, I've bought three rings in my life... boy do I wish I had that money back! :oops: ... one called off before the wedding and two divorces. C. I went int...
by Twins Fan
Sun Dec 07, 2014 8:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Am I being cheap? [wedding/engagement ring]
Replies: 192
Views: 8796

Re: Interest only mortgages

Why not rent a place?

I'm not usually a renter type. But, to pay interest only, whatever HOA fees, maintenance, upkeep, and whatever... with no pay down of principal... :confused

Of course, it sounds like this is an area of the country I am not familiar with, so there could be other variables...
by Twins Fan
Sun Dec 07, 2014 8:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Interest only mortgages
Replies: 6
Views: 814

Re: Better at making than investing

Is the $6.5 million sitting under the mattress or what? What is your current set up.... maybe we can go from there?

Sounds to me like you're pretty dang good at making/saving/keeping/building money.... wish I was that "lucky". :beer
by Twins Fan
Sun Dec 07, 2014 11:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Better at making than investing
Replies: 17
Views: 2001

Re: Rental Property Questions (landlords and property manage

2.). 1% of replacement value price maintenance for an average property once it's been brought up to my standards. That's a good one... I hadn't seen it phrased like that before. I like that way of looking at it. :beer OP, I kind of think the 1% number for maintenance is more like all costs averaged...
by Twins Fan
Wed Dec 03, 2014 4:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rental Property Questions (landlords and property managers)
Replies: 8
Views: 641

Re: Do we have too much house?

I don't think you have too much house. I see it along the same lines as others... you're child care costs will go down at some point, stop making extra payments on the mortgage principal, and stop contributing to the 529s. If the mortgage is gone around the time the kids go to college, you will have...
by Twins Fan
Wed Dec 03, 2014 3:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do we have too much house?
Replies: 45
Views: 4447

Re: 1st Moving Violation Traffic Ticket: Lawyer Up or Pay Fi

I wouldn't get a lawyer for this... especially with the defense of, "I don't remember". :D I say either pay it and be done with it... Or, as mentioned, go to court on it, meet with the prosecutor, explain the circumstances (icy roads, clean record, and all) and they will likely reduce it t...
by Twins Fan
Wed Dec 03, 2014 2:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: 1st Moving Violation Traffic Ticket: Lawyer Up or Pay Fine?
Replies: 18
Views: 1369

Re: Rental Property Questions (landlords and property manage

I think it all depends on the area, the house itself, the.... it's different for different situations basically. :D I became an accidental landlord in 2010. In 4 years, I've had one month of vacancy when a military family had to move quickly because of orders. Otherwise, I've found renters within 2 ...
by Twins Fan
Wed Dec 03, 2014 1:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rental Property Questions (landlords and property managers)
Replies: 8
Views: 641

Re: I need a fund for the bond portion of my investments

That would also be something I'm unfamiliar with.... sorry. :happy

If you can fill up any tax advantaged space somewhere though, that's something to look into.
by Twins Fan
Wed Dec 03, 2014 1:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: I need a fund for the bond portion of my investments
Replies: 27
Views: 3073

Re: Emergency Fund Threads

There are plenty of topics that come up over and over... the emergency fund is one, how does a pension factor into AA, lump sum or DCA at market highs, tilt to small value, how much international, and so on and so on... Usually if it's their first post, it's probably that they didn't do a search and...
by Twins Fan
Wed Dec 03, 2014 1:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund Threads
Replies: 10
Views: 1047

Re: I need a fund for the bond portion of my investments

Oh, gotcha... that's stuff I'm not familiar with, so disregard. :happy
by Twins Fan
Wed Dec 03, 2014 1:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: I need a fund for the bond portion of my investments
Replies: 27
Views: 3073

Re: I need a fund for the bond portion of my investments

Your situation is great! You're young, have a girlfriend, you live at home, and go to school... you're worry free! :D All depends on how you look at it. I still say you don't NEED a bond fund at all at this point. You're talking minimal money going into this bond portion. That's going to do next to ...
by Twins Fan
Wed Dec 03, 2014 12:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: I need a fund for the bond portion of my investments
Replies: 27
Views: 3073

Re: Just Paid Off My Car

Congrats, great accomplishment!!
by Twins Fan
Mon Dec 01, 2014 10:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Just Paid Off My Car
Replies: 24
Views: 2239

Re: Unbroken!

My son and I want to see the movie! Looks great!!
by Twins Fan
Mon Dec 01, 2014 9:40 pm
 
Forum: Personal Consumer Issues
Topic: Unbroken!
Replies: 20
Views: 4139

Re: Do you celebrate financial milestones?

WorkToLive wrote:We celebrated the mortgage payoff with a steak dinner. Made at home. We included my parents since they were the only people in real life we told.


Steak dinner made at home... I call that Friday! :D
by Twins Fan
Mon Dec 01, 2014 9:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you celebrate financial milestones?
Replies: 105
Views: 12081

Re: Help with too much cash

I'm one that's all for paying down or paying off a mortgage, so... nicely done, I say. :beer
by Twins Fan
Mon Dec 01, 2014 8:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help with too much cash
Replies: 13
Views: 1356

Re: Help with too much cash

What?... The OP has nearly 2 years of expenses in cash. That's a pretty good EF! OP, the mortgage rate is a good one. Kind of a personal decision to pay that off or not. Some will say pay it off, others will say invest instead. Up to you, but think of it as a guaranteed 3.75% return if you pay it of...
by Twins Fan
Mon Dec 01, 2014 8:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help with too much cash
Replies: 13
Views: 1356

Re: Help with too much cash

Yep, make a plan first! Sound like you're in a good spot though, so well done!

What's the interest rate on the primary mortgage?
by Twins Fan
Mon Dec 01, 2014 7:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help with too much cash
Replies: 13
Views: 1356

Re: Do you celebrate financial milestones?

I don't know... I would have to hit one first, then I'll let you know. :D I'm still small time myself, so I don't know what I'll do... might do a little something like go out to eat. As I saw mentioned though, it could be fleeting, so... Say you hit $100k and go celebrate. Then the market dives the ...
by Twins Fan
Mon Dec 01, 2014 7:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you celebrate financial milestones?
Replies: 105
Views: 12081

Re: I need a fund for the bond portion of my investments

I agree with a couple points brought up... 1. Bonds seem disappointing now because... well, they are disappointing for now. Looking at total bond type funds, I don't know which out there would excite you. 2. If you don't have enough to get into Vanguard.. $3000 for most funds, you don't NEED a bond ...
by Twins Fan
Mon Dec 01, 2014 6:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: I need a fund for the bond portion of my investments
Replies: 27
Views: 3073

Re: mortgage calculator with extra payment options

Here's one of my favorites to mess around with...

http://www.mtgprofessor.com/calculators.htm

Plenty of calculator to try... the mortgage payoff: extra payments one should fit what you want.
by Twins Fan
Mon Dec 01, 2014 6:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: mortgage calculator with extra payment options
Replies: 17
Views: 1473

Re: Small,Mid,Sp500 vs total stock market : VANGUARD

I'm not sure what you meant in your first post. ... what doubled or tripled what? Yes, small an mid out performed large cap, or the S&P 500 over the last decade... but, the S&P 500 is outperforming both this year, and may for the next decade... we don't know. I'm an S&P 500 fan, personal...
by Twins Fan
Sun Nov 30, 2014 11:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Small,Mid,Sp500 vs total stock market: Vanguard
Replies: 23
Views: 2017

Re: high home mortgage vs. investment/saving options?

Well, you're WAY out of my price range for any house I've bought... But, I will tell you I bought a house in 2005 because I thought they were getting so expensive I wouldn't be able to afford one soon. A few years later, it was worth less than what I paid for it! :oops: Don't try to time the housing...
by Twins Fan
Sun Nov 30, 2014 10:42 pm
 
Forum: Investing - Help with Personal Investments
Topic: high home mortgage vs. investment/saving options?
Replies: 13
Views: 1267

Re: high home mortgage vs. investment/saving options?

Ah, gotcha... well, don't put the cart before the horse here. :D You don't even have the house yet, so don't worry about savings order yet. I agree, selling the condo to have less of a mortgage sound like the best bet to me. Keep on saving for the down payment while you're in the paid off condo also...
by Twins Fan
Sun Nov 30, 2014 6:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: high home mortgage vs. investment/saving options?
Replies: 13
Views: 1267

Re: 457 Plan (Gov.) - Traditional or Roth?

Will you be getting a pension in retirement? If you will be getting a decent pension in retirement and maybe social security to fill up the bottom brackets, that can tip things toward the Roth option. I have a government 457b with traditional and Roth options. When I get to retirement, I can buy ser...
by Twins Fan
Sun Nov 30, 2014 5:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: 457 Plan (Gov.) - Traditional or Roth?
Replies: 5
Views: 589

Re: AA and Pension?

I count the accumulated contributions of my pension as fixed income. The contributions earn a 3% yield. I have looked at it that way before, as well. My contributions earn a similar yield (don't recall exactly). But, that puts me at a conservative 50/50... maybe 40/60. I don't like the looks of tha...
by Twins Fan
Sun Nov 30, 2014 5:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA and Pension?
Replies: 31
Views: 2816

Re: Am I a job hopper?

Well, 2, but the first one was just for 2 months or so as a video game tester. Why do I get the feeling you're nowhere near 50 years old? :D I may be excluded from the poll since I never graduated from college. :happy But, from 21 to in my 40's now I've had four different jobs and almost as many ca...
by Twins Fan
Sun Nov 30, 2014 12:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Am I a job hopper?
Replies: 50
Views: 4586

Re: high home mortgage vs. investment/saving options?

Some more numbers would be nice, if you're comfortable sharing them.... Mortgage balance, interest rate, monthly payment, PMI in there.... how much extra $$ per month after the mortgage payment is made? If the mortgage really has you strapped that much each month, changes there could be a good move....
by Twins Fan
Sun Nov 30, 2014 12:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: high home mortgage vs. investment/saving options?
Replies: 13
Views: 1267

Re: Why is Dave Ramsey wrong?

I'm new here and don't want to start a huge debate, but a lot of Dave Ramsey's. Too late... :D Mentioning his name tends to stir stuff up, but that's okay. I would say overall the feeling about Dave is similar to yours... his advice about getting out of debt is good, his advice about investing not ...
by Twins Fan
Sat Nov 29, 2014 10:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why is Dave Ramsey wrong?
Replies: 73
Views: 9977

Re: Does contributing to 457b make sense in my situation?

I have a government 457b and I'm all for those. :D Not much help, huh? I am no expert, but from the little I've read about the non-government 457b with the different rules and all, they would scare me. You have not contributed to it in the past and you are likely to leave the employer in a couple ye...
by Twins Fan
Sat Nov 29, 2014 8:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Does contributing to 457b make sense in my situation?
Replies: 8
Views: 933

Re: AA and Pension?

Yes, you will get different opinions on this one. Some will say, can't count on the pension, so set the AA as you would if it wasn't there. Others say, the pension is similar to a bond/fixed income portion, so be more aggressive with the investments. Or, at least those are basically the two sides of...
by Twins Fan
Sat Nov 29, 2014 8:11 pm
 
Forum: Investing - Help with Personal Investments
Topic: AA and Pension?
Replies: 31
Views: 2816

Re: Best age to give a young person a gift?

Tough to say without knowing the nephews. Me... I probably would have blown it all up until about my mid 30's :oops: ... they may be more mature though. I would probably say wait until after college and see how they are acting/living. If they're being responsible and mature, mid 20's... If they'e li...
by Twins Fan
Fri Nov 28, 2014 11:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Best age to give a young person a gift?
Replies: 21
Views: 2117

Re: best performer - very similar index funds

I posted a link to Vanguards comparison of the three funds... do you think I didn't look at that first?? :confused Rob posted all kinds of numbers for us there, since you still didn't want to,... and the 3, 5, and 10 year numbers are darn near the same. What facts are you talking about? Where is the...
by Twins Fan
Fri Nov 28, 2014 3:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: best performer - very similar index funds
Replies: 22
Views: 1946

Re: best performer - very similar index funds

What are you even talking about.... are we talking 12 year returns like you started out, or daily, weekly, monthly returns... small cap has done well this year?? Since you didn't want to post the graph or numbers to make your point, we shall thank CyberBob for putting that up there. Those lines are ...
by Twins Fan
Fri Nov 28, 2014 2:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: best performer - very similar index funds
Replies: 22
Views: 1946

Re: best performer - very similar index funds

The three funds are called "very similar" and just "similar", yet the return difference is considerable... I would have to doubt that. And, which 12 years are we talking about... and, why 12?? Post the numbers for us to make your point. If you like the tax managed fund better and...
by Twins Fan
Wed Nov 26, 2014 5:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: best performer - very similar index funds
Replies: 22
Views: 1946

Re: Paying my parents a salary not to touch their nest egg

Interesting thread topic. I can see the OPs point that wanting an already established $1M to compound from here on rather than just saving and investing on their own is a good thing. But, personally I would be on the side of this makes no sense. Especially with considerable debt to pay off! I would ...
by Twins Fan
Wed Nov 26, 2014 4:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paying my parents a salary not to touch their nest egg
Replies: 50
Views: 4434

Re: Mortgage reamortization after lump sum payment?

Thanks, because I'm waiting for the home to come back up in value before putting it on the market. In the meantime, relative has offered us this loan at the lower 2.5% rate that helps us to significantly reduce the amount that's going to interest, meaning that more of our monthly payments to Chase ...
by Twins Fan
Sat Nov 22, 2014 5:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage reamortization after lump sum payment?
Replies: 10
Views: 953

Re: Mortgage reamortization after lump sum payment?

Probably best to call them and see if they would recast the mortgage.

Or, knock down the balance to $98k and refinance it... you should be able to get quite a bit lower than 5.5% now days.

Why do you want to pay down the rental home mortgage? That may not need to be such a high priority for you.
by Twins Fan
Sat Nov 22, 2014 2:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Mortgage reamortization after lump sum payment?
Replies: 10
Views: 953

Re: how to make money like a billionaire

I do recall Arthur having threads before about not taking CDs that were less than 3% (avg. inflation rate). So, I don't believe he messes around with the 1% or lower CDs. I also remember reading somewhere, wish i could remember where... Bogleheads, an article, a book..., where they were talking abou...
by Twins Fan
Thu Nov 20, 2014 9:43 pm
 
Forum: Investing - Theory, News & General
Topic: how to make money like a billionaire
Replies: 116
Views: 11752
Next

Return to advanced search