Search found 247 matches

Return to advanced search

Re: First Trip to India

Agreed. In Hindi - the most spoken language in India - it is called Ganga. I just thought that Ganges names is more well known outside India. I am unaware of any Indian language that calls the river anything but Ganga. Pop quiz: How many here know the real/official name of Egypt? [No, that is not a...
by an_asker
Fri Apr 18, 2014 4:17 pm
 
Forum: Personal Consumer Issues
Topic: First Trip to India
Replies: 47
Views: 3625

Re: 15 year vs 30 year fixed

ctb61607 wrote:Actually- the 10/1 rate is 3.375 so a bit lower than my initial post (typo) and a tad lower than the 15 year

Wow! That's a no brainer. A steal!
by an_asker
Fri Apr 18, 2014 4:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: 15 year vs 30 year fixed
Replies: 62
Views: 5796

Re: 15 year vs 30 year fixed

Last thing. 10/1 is kind of a weird term, most ARMS are 5/1 or 7/1 so make sure you get an appropriate rate. IE calculate the break even point between going with a 7/1 ARM at 3%(resetting to max rate for 8,9,10 years) vs a 10/1 ARM at 3.25% if there's that big of a difference. I remember when I did...
by an_asker
Fri Apr 18, 2014 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: 15 year vs 30 year fixed
Replies: 62
Views: 5796

Re: Convince me to get a credit card

ajcp wrote:No.

If you want one get one, but if you don't I'm not going to convince you that you have to.

+1!! :oops:
by an_asker
Fri Apr 18, 2014 2:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Can you please convince me to get a credit card?
Replies: 94
Views: 5109

Re: 15 year vs 30 year fixed

I don't think this is a difficult decision. The 10/1 is the choice. You should have the mortgage paid off in 10 years. (Or you'll be so close that the interest rate won't matter much.) Start making money and keep expenses low. Hoosier +1. And anyway, I already have said the same thing with a detail...
by an_asker
Fri Apr 18, 2014 2:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: 15 year vs 30 year fixed
Replies: 62
Views: 5796

Re: Experiences with Eli Lilly Credit Union for HSA?

Then what if you get a new job that doesn't offer HDHP? Will the last month rule make it not eligible? The last month rule gives you an extra way to qualify for the full year. It doesn't veto your eligibility in the previous months. When you stop having HDHP your contribution is pro-rated by month....
by an_asker
Fri Apr 18, 2014 1:00 pm
 
Forum: Investing - Help with Personal Investments
Topic: Experiences with Eli Lilly Credit Union for HSA?
Replies: 57
Views: 3919

Re: 15 year vs 30 year fixed

OP:

It would be nice if you could come back and post which option you picked.
by an_asker
Fri Apr 18, 2014 9:29 am
 
Forum: Personal Finance (Not Investing)
Topic: 15 year vs 30 year fixed
Replies: 62
Views: 5796

Re: *poor* Bogleheads

I learned years ago that there were always people (friends, family, strangers) that would always have lots more talent/money/looks/good health/fill-in-the-blank than me. I also learned that there were always people that would always have lots less talent/money/looks/good health/fill-in-the-blank th...
by an_asker
Fri Apr 18, 2014 9:23 am
 
Forum: Forum Issues and Administration
Topic: *poor* Bogleheads
Replies: 78
Views: 5328

Re: *poor* Bogleheads

I didn't reach a six figure income until several years before I was retired. I saved like a demon, maxed out my IRAs, etc. Fortunately, I don't like most expensive things, so a nice little house was my only real extravagance, and I have had a comfortable life financially. I finally made it into the...
by an_asker
Fri Apr 18, 2014 9:19 am
 
Forum: Forum Issues and Administration
Topic: *poor* Bogleheads
Replies: 78
Views: 5328

Re: What is your net worth

Grt2bOutdoors wrote:If we're in between numbers should we round up or round down?

Which numbers are you in between? The 0 and the 1 or the two 0s? :oops:
by an_asker
Wed Apr 16, 2014 9:29 am
 
Forum: Investing - Theory, News & General
Topic: What is your net worth
Replies: 37
Views: 5412

Re: First Trip to India

Alf 101: It will be a great trip. Have you decided about the cities you plan to visit and days you will spend? Let us know and we can help you refine the trip with in those many days. Agra (TajMahal), Jaipur, Varanasi (Sarnath for Buddhism related monuments is 10 miles and is Famous for Ganges and ...
by an_asker
Mon Apr 14, 2014 4:28 pm
 
Forum: Personal Consumer Issues
Topic: First Trip to India
Replies: 47
Views: 3625

Re: 15 year vs 30 year fixed

I crunched some more numbers on estimated tax savings using the calculator here: http://www.calcxml.com/do/hom09 and found the following: 10/1 ARM (3.375%) paid over 10 years (monthly payment + $43,000 annual lump sum) $122,482 interest – $77739 tax savings = $44743 net interest 30 year fixed (4.5%...
by an_asker
Mon Apr 14, 2014 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: 15 year vs 30 year fixed
Replies: 62
Views: 5796

Re: How to maintain a good balance in financial outlook?

I read both bogleheads and cruisecritics. For the most part, one emphasizes saving and the other emphasizes spending. To exemplify the contrast, we have folks here who have hundreds of thousands of dollars saved (albeit for retirement) and are obviously unhappy with their progress towards their fina...
by an_asker
Mon Apr 14, 2014 10:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Re: How to maintain a good balance in financial outlook?
Replies: 2
Views: 317

Re: A story, and a feeling of financial under-accomplishment

[...]Despite all this, I feel like I'm behind in life. I feel terribly under-accomplished. I read about people on this forum who are like 23-26, with 100k savings. I'm not sure how to react to that. It's like the majority of the people on the internet are doing better than me, and I'm doing better ...
by an_asker
Fri Apr 11, 2014 11:54 am
 
Forum: Personal Finance (Not Investing)
Topic: A story, and a feeling of financial under-accomplishment
Replies: 48
Views: 4176

Re: Getting over huge mistakes

tainted-meat wrote:Wow, LOL

+1!
by an_asker
Thu Apr 10, 2014 3:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: Getting over huge mistakes
Replies: 30
Views: 3308

Re: Calculate effect of mortgage-interest deduction

If the taxpayer would itemize deductions with or without mortgage interest, then he/she is getting the benefit that everyone assumes. This is a relatively small fraction of people. The fraction of people who would itemize without either mortgage interest or property taxes (the relevant number when ...
by an_asker
Mon Apr 07, 2014 2:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Calculate effect of mortgage-interest deduction
Replies: 11
Views: 704

Re: 15 year vs 30 year fixed

putting 10% down (it's a physician loan) I also have the option of a 10/1 ARM available at 3.625% (max rate change at 1st adjustment = 5%). Any thoughts on where this fits in as a viable option between the 15 year fixed at 3.5% and 30 year fixed at 4.875%? Thanks again - this has been extremely hel...
by an_asker
Mon Apr 07, 2014 2:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: 15 year vs 30 year fixed
Replies: 62
Views: 5796

Re: Where is the Vanguard 03/31/2014 statement?

Just because I can't see Pluto with my naked eye doesn't mean it isn't there. This statement could have been SO much better if you had used a different planet. Note: This is not an attempt to start an "is Pluto a planet?" discussion. I don't see the word planet in what I wrote with my nak...
by an_asker
Mon Apr 07, 2014 1:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where is the Vanguard 03/31/2014 statement?
Replies: 32
Views: 2057

Re: TMobile $30 plan...

I realize that any phone can be purchased for $X; my specific question was whether he got a deal. Typically, when you are on a contract, you get a phone for free (or much less than its 'real' price) if you sign a 2-year contract (I won't post a link ;-). We haven't been on a contract for about a de...
by an_asker
Fri Apr 04, 2014 2:30 pm
 
Forum: Personal Consumer Issues
Topic: TMobile $30 plan...
Replies: 46
Views: 2637

Re: TMobile $30 plan...

Hello All, My wife and I upgraded to the T-Mobile $30 plan through Wal Mart. Got sweet "newish" phones (Galaxy S3) and, after the cost of the phone, the service, and our Early Termination fees, we will be paying almost exactly, on a monthly basis, what we paid for 2 texting phones with li...
by an_asker
Fri Apr 04, 2014 2:05 pm
 
Forum: Personal Consumer Issues
Topic: TMobile $30 plan...
Replies: 46
Views: 2637

Re: TMobile $30 plan...

Hello All, My wife and I upgraded to the T-Mobile $30 plan through Wal Mart. Got sweet "newish" phones (Galaxy S3) and, after the cost of the phone, the service, and our Early Termination fees, we will be paying almost exactly, on a monthly basis, what we paid for 2 texting phones with li...
by an_asker
Fri Apr 04, 2014 12:48 pm
 
Forum: Personal Consumer Issues
Topic: TMobile $30 plan...
Replies: 46
Views: 2637

Re: TMobile $30 plan...

[...]Most of his talking is when we call him so the 100 minutes included monthly works for him (if you go over its 10 cents a minute).[...] I did not realize that the incoming calls are free. Are you sure? You probably can tell if you have used it for some time. We never tried to go over on the inc...
by an_asker
Fri Apr 04, 2014 12:47 pm
 
Forum: Personal Consumer Issues
Topic: TMobile $30 plan...
Replies: 46
Views: 2637

Re: Roth Contribution Company match

After looking through my benefits information at work I noticed that my company offers both a 401k match and a roth match. I am not sure how this works exactly though. Does this sound like they will give me a match for both my 401k contributions and roth contributions? Or is this stating that they ...
by an_asker
Thu Apr 03, 2014 10:28 am
 
Forum: Investing - Help with Personal Investments
Topic: Roth Contribution Company match
Replies: 5
Views: 491

Re: Boglehead Cruise Line Preference

We sailed with Royal Caribbean three times and enjoyed it quite a bit. That was before the kids showed up. We are frequent Disney visitors and were thinking we'd try a short Disney cruise next year. If the kids enjoy it, we'll probably take them on a full week on Royal. We went on a three-day Disne...
by an_asker
Thu Apr 03, 2014 9:26 am
 
Forum: Personal Consumer Issues
Topic: Boglehead Cruise Line Preference
Replies: 57
Views: 6600

Re: Accident in a rental car on government credit card

First, I didn't think the government would let one rent and drive a rental car unless they had taken a 3 week course in Rental Vehicle Renting and Driving Certification and then passed the test, too. So they should already know what to do. Second, look in the glove compartment and find the brochure...
by an_asker
Wed Apr 02, 2014 4:19 pm
 
Forum: Personal Consumer Issues
Topic: Accident in a rental car on government credit card
Replies: 24
Views: 1314

Re: Laid off today... TODO list?

1. Activate family health plan on my wife's side (she works, but we were using my plan so far) You might have to wait until their open enrollment period. Between now and then you may have to take COBRA. Best to call HR of your wife's company now. It shouldn't be a problem. Usually you are restricte...
by an_asker
Wed Apr 02, 2014 3:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 9687

Re:

amdmaxx wrote:Did you marry her?

chaz wrote:I like Princess.

As one of my favorite analysts would say, he probably likes her company but is not wedded to her "stalk" ;-)
by an_asker
Wed Apr 02, 2014 2:24 pm
 
Forum: Personal Consumer Issues
Topic: Boglehead Cruise Line Preference
Replies: 57
Views: 6600

Re: Why are SEP IRA's so much better than 401ks?

To clarify deadlines: Nice thing about a SEP-IRA is that you can open it and contribute to it for TY2013 until the tax filing deadline PLUS extensions...which is October 15, 2014. So, if you don't have the cash to fund the SEP-IRA to take full advantage of the tax benefit and pay any taxes you migh...
by an_asker
Fri Mar 21, 2014 2:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why are SEP IRA's so much better than 401ks?
Replies: 30
Views: 2896

Re: Help me settle a debate -- Risk in Retirement

When in doubt, I generally split the difference. So your middle approach would appeal to me (although I, personally, would not want the hassle of rental property, especially as I aged) +1. That said, how about a smart aleck kinda answer? Stick with your ISP. What? You <gasp> don't have an ISP for a...
by an_asker
Fri Mar 21, 2014 12:32 pm
 
Forum: Investing - Theory, News & General
Topic: Help me settle a debate -- Risk in Retirement
Replies: 61
Views: 4221

Re: Roth Conversion While Wife is in Medical School?

Did you max a Roth IRA for 2013? If not, you still have time (until April 15th). Did she have any earned income in 2013? Re: your last two posts. You're right there isn't much difference between a regular 401(k) and a Roth 401(k) - I was comparing roth ira vs roth 401(k) in my head. [...] My apolog...
by an_asker
Fri Mar 21, 2014 9:15 am
 
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion While Wife is in Medical School?
Replies: 12
Views: 539

Re: Why are SEP IRA's so much better than 401ks?

@an_asker - Yes, you can open a SEP-IRA before April 15, 2014 and make a contribution for 2013 tax year (tax deductible for 2013 tax return). Solo 401k is not an option for 2013 as the plan must be established by Dec 31, 2013 in order to make contributions for 2013 tax year. You can contribute SEP-...
by an_asker
Thu Mar 20, 2014 3:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why are SEP IRA's so much better than 401ks?
Replies: 30
Views: 2896

Re: Roth Conversion While Wife is in Medical School?

17.5k - 401k 3k - HSA 12.4k - Std Deduction for married filing jointly 8k - Personal exemption x2 So basically I'll be making 80k this year and will have 41k in deductions bringing down my AGI to 39k. Have I made any mistakes so far? Yes. Try computing AGI again. AGI is on page one of your 1040. Wh...
by an_asker
Thu Mar 20, 2014 3:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roth Conversion While Wife is in Medical School?
Replies: 12
Views: 539

Re: Why are SEP IRA's so much better than 401ks?

You can open SEP-IRA up until April 15th. SEP IRA are nicer than 401(k)s because there is less paperwork. The downside is that they are IRAs (i.e. no back door roths for you) and if you need to make more money to make them out. You need to make like 250k (20%-25%) while if you do a a 401(k) it is m...
by an_asker
Thu Mar 20, 2014 12:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why are SEP IRA's so much better than 401ks?
Replies: 30
Views: 2896

Re: Why are SEP IRA's so much better than 401ks?

Time to revive this thread yet again :-) I have already maxed out my 401(k) - from my W-2 - and my Roth IRA, and I had a 1099 job/contract in 2013, can I now create a SEP IRA and put some money into it myself to save on 2013 taxes? Or should I have done that by 12/31/2013? I am assuming that in this...
by an_asker
Thu Mar 20, 2014 12:19 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why are SEP IRA's so much better than 401ks?
Replies: 30
Views: 2896

Re: Should I continue to do Roth 401k and Roth IRA?

With the ~10% of CALI taxes thrown in there, I think it's a slam dunk decision to go traditional for the 401k. Heck, you can really even make the argument that you should do a traditional IRA as well. +1. I do a traditional 401k in the 25% tax bracket here in Texas with a Roth IRA, with 0% state in...
by an_asker
Wed Mar 19, 2014 10:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Should I continue to do Roth 401k and Roth IRA?
Replies: 25
Views: 1427

Re: Should I continue to do Roth 401k and Roth IRA?

after tax = pre-taxed after = post before = pre taxed = past participle of tax = post-tax I pre-wrote this post before posting it. Then I previewed it post writing it and pre posting it. Roth and "pre-taxed" are the same thing, since Roth contributions are taxed. Using quote #1 above, wou...
by an_asker
Wed Mar 19, 2014 10:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Should I continue to do Roth 401k and Roth IRA?
Replies: 25
Views: 1427

Re: Should I continue to do Roth 401k and Roth IRA?

after tax = pre-taxed after = post before = pre taxed = past participle of tax = post-tax I pre-wrote this post before posting it. Then I previewed it post writing it and pre posting it. Roth and "pre-taxed" are the same thing, since Roth contributions are taxed. Using quote #1 above, wou...
by an_asker
Tue Mar 18, 2014 2:09 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I continue to do Roth 401k and Roth IRA?
Replies: 25
Views: 1427

Re: Your thoughts on vacation home or second home

I like to watch HGTV house hunters and sometimes I get jealous of the people that spent ton of money on a vacation home. If you have the cash, says 200K, would you spend it on a vacation home? My husband doesn’t like the idea of a vacation home. Because he doesn’t want to go to there every year, an...
by an_asker
Tue Mar 18, 2014 1:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Your thoughts on vacation home or second home
Replies: 61
Views: 3615

Re: Should I continue to do Roth 401k and Roth IRA?

For the 401k, I can contribute my "bonus" money to a Roth bucket. The rest of the contributions are regular pre-taxed contribution. Roth and "pre-taxed" are the same thing, since Roth contributions are taxed. Traditional and "pre-tax" are the same thing, since traditio...
by an_asker
Tue Mar 18, 2014 1:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I continue to do Roth 401k and Roth IRA?
Replies: 25
Views: 1427

Re: Two cent check from Vanguard

Did you do a dollar amount or 100%? When I have sold all of bond fund to buy something else, the accrued dividends are sent separately on the same day, but they are sent to the same fund that I bought with the rest of the money. In other words, your two cents should have bought you some more shares...
by an_asker
Tue Mar 18, 2014 10:00 am
 
Forum: Personal Finance (Not Investing)
Topic: Two cent check from Vanguard
Replies: 27
Views: 1899

Re: What's a reasonable composite expense ratio?

I just finished up a financial plan with Vanguard, and I am happy with the service. The composite expense ratio for the portfolio came out to 0.4%. This is an all-Vanguard portfolio. I hadn't paid attention to the composite number before, just the individual funds. Just curious - how does that comp...
by an_asker
Thu Mar 13, 2014 12:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: What's a reasonable composite expense ratio?
Replies: 62
Views: 2882

Re: Retirement Planning - Did you ever think?

[...]I hear you - my folks are exactly like that - very thrifty, even when the savings simply weren't there. What's that saying? Make use, make do, wear it out, keep wearing it? Something along those lines. And here I am, ready to toss out a Canon SX100 camera which worked flawlessly for over five ...
by an_asker
Thu Mar 13, 2014 9:13 am
 
Forum: Personal Finance (Not Investing)
Topic: Retirement Planning - Did you ever think?
Replies: 33
Views: 3365

Re: Low-flow shower head: $4,500 saved in last 5 yrs

We all know the truth. Since the water is coming out at a lower rate, you have to stay in the shower longer. Since the cost of the shower is less, you take more showers. If hot water were free, I would take six showers a day, 20 minutes each. I might even have to give up a soap opera or two. I love...
by an_asker
Wed Mar 12, 2014 1:22 pm
 
Forum: Personal Consumer Issues
Topic: Low-flow shower head: $4,500 saved in last 5 yrs
Replies: 35
Views: 4208

Re: Should I Pay Off This Rental Property

I looked into refinancing, but the balance was so low, that the calculators said my costs would be too high to make it worth refinancing. My net worth is around 280k according to mint. I think I'm looking for a good way to invest the 49k, and I feel like the stock market won't return more than 5.87...
by an_asker
Wed Mar 12, 2014 12:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off This Rental Property
Replies: 13
Views: 646

Re: Should I Pay Off This Rental Property

My mom and I own two rental properties together. There are 5 years left on a 15 year loan on one of them, and the other is paid off. The balance is $49k at 5.875%. I have about that much money sitting in a checking account not doing anything for me. I was planning on putting it in the stock market,...
by an_asker
Wed Mar 12, 2014 12:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Should I Pay Off This Rental Property
Replies: 13
Views: 646

Re: any gotchas with 401K consolidation?

If the 401(k) you're abandoning has a Stable Value fund you may want to keep it. Billy I am curious about this Stable Value Fund. What is it and why is there none like it in the 'outside' - of 401(k) - world? Also, if I commingle my 401(k)s, i.e., add 401(k) from company 1 and 401(k) from company 2...
by an_asker
Tue Mar 11, 2014 10:01 am
 
Forum: Investing - Help with Personal Investments
Topic: any gotchas with 401K consolidation?
Replies: 5
Views: 608

Re: PenFed 15 Year ARM?

[...]
by an_asker
Tue Mar 11, 2014 9:08 am
 
Forum: Personal Finance (Not Investing)
Topic: PenFed 5/5 ARM advice
Replies: 14
Views: 1034

Re: Refi questions

So when did you buy this house? 2002 or 2011? What was the original mortgage for? Why do I ask? I'm an_asker, after all. ;-)
by an_asker
Mon Mar 10, 2014 3:38 pm
 
Forum: Personal Consumer Issues
Topic: Refi questions
Replies: 6
Views: 629

Re: Tax Issue - Too Many Exemptions

Bostonpickem, You stated "I have been entitled to small refunds (<$1k), but on a smaller salary." If 2012 was such a smaller salary and your 2012 tax liability was less than your 2013 withholding? Then you will not have to pay interest and penalties on the underpayment, due to the safe ha...
by an_asker
Mon Mar 10, 2014 3:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax Issue - Too Many Exemptions
Replies: 27
Views: 2224

Re: Tax Phase Outs

livesoft wrote:I believe bob's not my name had a guess post on tfb's blog on this. I don't have time to search for it right now, but will look later if someone hasn't chimed in.

Thanks - I vaguely remember that post. Let me see if I can find it.
by an_asker
Mon Mar 10, 2014 1:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tax Phase Outs
Replies: 9
Views: 1511
Next

Return to advanced search