Search found 603 matches

Return to advanced search

Re: Late Roth Contribution - have to amend taxes?

Yes, everything is correct. Whether you do a Roth or not is immaterial to your taxes (note, you will need to be sure you qualify per guidelines). Whether you file then Roth or Roth then file makes no difference either
by wilked
Mon Apr 14, 2014 3:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Late Roth Contribution - have to amend taxes?
Replies: 6
Views: 302

Re: New Housing Bubble and upcoming cycle peak

As a for instance, then, do you peg both at 2% or 3% or so?
by wilked
Mon Apr 14, 2014 1:38 pm
 
Forum: Investing - Theory, News & General
Topic: New Housing Bubble and upcoming cycle peak
Replies: 74
Views: 6348

Re: New Housing Bubble and upcoming cycle peak

NYT calculator...I feel like you can skew the rent % increase or housing % gain to tell whatever story you would like. I honestly have no way of doing it with removing bias. I guess the only thing I find it useful for is 'scenario modeling', but even then it feels a bit loose
by wilked
Sun Apr 13, 2014 11:19 am
 
Forum: Investing - Theory, News & General
Topic: New Housing Bubble and upcoming cycle peak
Replies: 74
Views: 6348

Re: How much is rich?

Well this has become a total threadjack. I was speaking monetarily, not about what makes people feel that they have had a successful life. I am always interested on why this question is so hard to answer or why people try to avoid answering it. The question only makes sense as a comparison, no one ...
by wilked
Sun Apr 13, 2014 9:50 am
 
Forum: Personal Finance (Not Investing)
Topic: How much is rich?
Replies: 47
Views: 2416

Re: Making a Will (Young Couple)

XtremeSki2001 wrote:
Sublime8700 wrote:My wife and I are around 30. We have some money, and a 6-month old son.

We'd like to make a simple will. We would rather not involve lawyers.

Anyone have good suggestions/experiences/cautionary tales?

Thank you.


He did a good job of pointing out some risks

Do you mind sharing?
by wilked
Sun Apr 13, 2014 9:42 am
 
Forum: Personal Finance (Not Investing)
Topic: Making a Will (Young Couple)
Replies: 16
Views: 1266

Re: Always understand taxes do not trust software

For what it's worth, I used this for the first time and found it excellent

http://www.excel1040.com

It doesn't do everything, but the things it doesn't do you can always do by hand and add them to it
by wilked
Sun Apr 13, 2014 7:12 am
 
Forum: Personal Consumer Issues
Topic: Always understand taxes do not trust software
Replies: 33
Views: 2673

Re: Paying for MBA

vachica wrote:I have a few thousand in liquid savings

Is this your 'emergency savings' or something else?
by wilked
Sun Apr 13, 2014 7:03 am
 
Forum: Personal Finance (Not Investing)
Topic: Paying for MBA
Replies: 16
Views: 1308

Re: Making a Will (Young Couple)

... I had an attorney friend review and offer advice to modify. We made some changes on his advice. You could also hire an attorney, making it clear you only want a review - should be very cheap as compared to hiring them for the full thing. I can look at a Will and spot the major issues in a few m...
by wilked
Sun Apr 13, 2014 6:45 am
 
Forum: Personal Finance (Not Investing)
Topic: Making a Will (Young Couple)
Replies: 16
Views: 1266

Re: New Housing Bubble and upcoming cycle peak

I am going to consider 14-16x a wash, and will have a hat time swallowing 17x or more
by wilked
Sat Apr 12, 2014 11:24 am
 
Forum: Investing - Theory, News & General
Topic: New Housing Bubble and upcoming cycle peak
Replies: 74
Views: 6348

Re: Partials vs implants

Agree with the others, implant is definitely the best option. I have three and no regrets, feel just like regular teeth. If you can't afford them I would think about going to a different country to get it done. I have heard good things about Tijuana dentists
by wilked
Sat Apr 12, 2014 8:31 am
 
Forum: Personal Consumer Issues
Topic: Partials vs implants
Replies: 27
Views: 2509

Re: Making a Will (Young Couple)

My wife and I are around 30. We have some money, and a 6-month old son. We'd like to make a simple will. We would rather not involve lawyers. Anyone have good suggestions/experiences/cautionary tales? Thank you. I will tell you what we did (young 30s couple with child and ~$500,000 in assets) Bough...
by wilked
Sat Apr 12, 2014 8:26 am
 
Forum: Personal Finance (Not Investing)
Topic: Making a Will (Young Couple)
Replies: 16
Views: 1266

Re: New Housing Bubble and upcoming cycle peak

Interesting discussion in here... We quite nearly have our 'nut' saved (20%) but are planning to wait next year when a planned expansion of the family will force a move. I am watching the market and it 'feels' about 10-20% overpriced (Boston market) making me worried about timing. I think in the end...
by wilked
Sat Apr 12, 2014 8:20 am
 
Forum: Investing - Theory, News & General
Topic: New Housing Bubble and upcoming cycle peak
Replies: 74
Views: 6348

Re: Making a Will (Young Couple)

Have you tried searching the forum?
by wilked
Fri Apr 11, 2014 8:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Making a Will (Young Couple)
Replies: 16
Views: 1266

Re: Reaching $1M in Total Assets

Current Assets Real Estate: 150K (I own all of it. No debt.) 401K: 30K Stocks: 30K Vanguard Index Fund: 10K No IRAs. My question is pretty simple. What would it take from me to get to $1M in total assets and how long would it take? To your first question, about $780K To your second, no idea, you ha...
by wilked
Thu Apr 03, 2014 9:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Reaching $1M in Total Assets
Replies: 35
Views: 5864

Re: Laid off today... TODO list?

Were you working at Intel?
by wilked
Wed Apr 02, 2014 8:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 9534

Re: Wanting to know if this financial situation is feasible

I just took a look at what you can buy for $500K in greater Cleveland area...looks like 3500 - 6000 sq ft. You sure you need this much house when you are a few years removed from all kids out of the house?
by wilked
Tue Feb 18, 2014 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wanting to know if this financial situation is feasible
Replies: 73
Views: 4925

Re: Skip IRA for 1 year to buy engagement ring

I haven't thought much about budget yet. She's been asking to go ring shopping, and I plan on marrying her, but I'm afraid that if I sit down and talk to her about finances she will see that I could easily afford to buy her a ring if I put retirement savings on the back burner for a year and she wi...
by wilked
Tue Feb 18, 2014 2:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Skip IRA for 1 year to buy engagement ring
Replies: 152
Views: 7229

Re: Lease or buy new if given company car?

I live in Boston, FWIW. Spend a few bucks on snow tires and save the money. Get a good pair of Blizzaks and the Civic will stick to the road. Might as well get a cheap set of steel rims and dedicate them, make it easy to swap them twice a year
by wilked
Sun Feb 16, 2014 10:27 pm
 
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 589

Re: Lease or buy new if given company car?

Also, 15k / year for 'weekends, some evening driving, and trips' is hefty. That is almost 300 miles a week... You sure about that? I would think you would be more like half that
by wilked
Sun Feb 16, 2014 8:52 pm
 
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 589

Re: Lease or buy new if given company car?

my thoughts?

Stay payment free, keep driving the Civic. She is 180K young, not old (assuming you maintained it well)
by wilked
Sun Feb 16, 2014 8:49 pm
 
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 589

Re: VZW Customers Check Out New Plans

FYI I am moving to PagePlus tomorrow from Verizon. Bill should be apps cut in half, same network. Moving an iPhone 4 over onto Page Plus
by wilked
Sun Feb 16, 2014 8:39 pm
 
Forum: Personal Consumer Issues
Topic: VZW Customers Check Out New Plans
Replies: 24
Views: 2622

Re: When is it time to replace a car - is there a formula?

DHolliday wrote:I bought a new car 8 years ago, all cash.


Why are you changing your methods now, then? Stick with the all-cash methodology...

As others said, 100k is not much. Be aware that cars do require maintenance, I doubt that $3K estimate is accurate / honest, and try and resist the new car itch
by wilked
Mon Feb 10, 2014 1:49 pm
 
Forum: Personal Consumer Issues
Topic: When is it time to replace a car - is there a formula?
Replies: 15
Views: 1546

Re: Down payment

Are you married? Children? If no to any of the previous, how certain are you to the answers to those questions in 7-10 years?
by wilked
Sun Jan 26, 2014 7:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Down payment
Replies: 13
Views: 977

Re: How many are pro's?

Johm221122 wrote:
wilked wrote:I figure I can argue that I am partially all of the above (bout to retire for two weeks in Puerto Rico before unretiring after the new year), so voted for all of the options.

Did you hit submit, some categories still 0
John

hmm, tells me I voted for too many options.
by wilked
Fri Dec 13, 2013 10:28 am
 
Forum: Personal Finance (Not Investing)
Topic: How many are pro's?
Replies: 9
Views: 922

Re: How many are pro's?

I figure I can argue that I am partially all of the above (bout to retire for two weeks in Puerto Rico before unretiring after the new year), so voted for all of the options.
by wilked
Fri Dec 13, 2013 10:21 am
 
Forum: Personal Finance (Not Investing)
Topic: How many are pro's?
Replies: 9
Views: 922

Re: Tips for buying a $2,000 car

When I am searching for a car in this range on CL, all I put is a price range and the following search terms: "records" "maintenance" "receipts" If you can find a car with well-documented maintenance records, this car has been pampered and will be in good health. You ar...
by wilked
Tue Dec 10, 2013 4:03 pm
 
Forum: Personal Consumer Issues
Topic: Tips for buying a $2,000 car
Replies: 31
Views: 2171

Re: Car seat for toddler

I would strongly recommend going to a rear-facing harnessed seat first. All the crash test data show that it is safest for children to remain rear-facing until 2 years old. Their heads are proportionately bigger when they're you hand they don't have the ability to control it during a crash. This Th...
by wilked
Fri Dec 06, 2013 11:00 am
 
Forum: Personal Consumer Issues
Topic: Car seat for toddler
Replies: 26
Views: 1219

Re: Newly Married - Newbie Looking at Both of Our Investment

4. Our combined income is over the $183,000 mark, so we wouldn’t get the tax benefits of a Roth IRA, correct? Since that is the case, does it make sense to just not open up an IRA and after we max out my wife’s 401k, just open a normal investment account? Is this gross salary or adjusted gross inco...
by wilked
Fri Dec 06, 2013 10:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Newly Married - Newbie Looking at Both of Our Investments
Replies: 17
Views: 1503

Re: Stock Part. Prog. (SPP) as a vehicle for home savings- R

-Max 10% of net paycheck deductions over the course of the year. They are using Sept2012 net paychecks as a benchmark to define that $$ amount Watch that rule closely. What benchmark will they use for the second plan year? Can you manipulate your net pay to increase the payroll contributions, which...
by wilked
Tue Nov 19, 2013 11:12 am
 
Forum: Personal Finance (Not Investing)
Topic: Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?
Replies: 11
Views: 464

Re: Stock Part. Prog. (SPP) as a vehicle for home savings- R

Bob, pretty thorough analysis, thanks. I can confirm the following: -Max 10% of net paycheck deductions over the course of the year. They are using Sept2012 net paychecks as a benchmark to define that $$ amount -The delta is to be paid lump sum. I think that means ~75% of the total will be due 31JAN...
by wilked
Tue Nov 19, 2013 9:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?
Replies: 11
Views: 464

Re: Stock Part. Prog. (SPP) as a vehicle for home savings- R

There is no right answer to your dilemma. It is almost always smart to take advantage of the stock purchase discounts, although your lockup period is rather long. In that case, most Bogleheads would advise you to restrict your stock holdings to a limited percentage of your portfolio. On the other h...
by wilked
Mon Nov 18, 2013 3:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?
Replies: 11
Views: 464

Re: Where to put cash needed in one year

nope, 1% is about the best you can do for 1 year.
by wilked
Sun Nov 17, 2013 10:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Where to put cash needed in one year
Replies: 8
Views: 1228

Re: Stock Part. Prog. (SPP) as a vehicle for home savings- R

11 posts on Best Slippers and no response here :D

Just hoping for a bit of a sounding board before I commit to this plan...
by wilked
Sun Nov 17, 2013 8:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?
Replies: 11
Views: 464

Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?

I work for a company on this list http://en.wikipedia.org/wiki/List_of_pharmaceutical_companies They just announced a SPP program. This is the first year of the program; it is not clear if it will occur again (Webinar on Monday). Rough details: -Option to purchase company stock at a 20% discount -Pu...
by wilked
Sun Nov 17, 2013 4:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Stock Part. Prog. (SPP) as a vehicle for home savings- Risk?
Replies: 11
Views: 464

How to rank 401k, Roth, and SPP

We are trying to max short-term savings at the moment for a house downpayment. For this reason we have reduced 401k to the lowest company-matching level each. We have already maxed Roth's for the year, and our overall retirement accounts are pretty healthy in both size and holdings. My company just ...
by wilked
Fri Nov 01, 2013 11:21 am
 
Forum: Investing - Help with Personal Investments
Topic: How to rank 401k, Roth, and SPP
Replies: 0
Views: 166

Re: Need a stats expert!

what is the problem?
by wilked
Wed Oct 09, 2013 12:13 am
 
Forum: Personal Consumer Issues
Topic: Need a stats expert!
Replies: 4
Views: 712

Re: Father left my Mother Suddenly, Need advice

Thanks again for the replies. I don't plan to update any further, but the situation is unchanged, and it will be a week today. I do appreciate it
by wilked
Fri Sep 27, 2013 11:18 am
 
Forum: Personal Finance (Not Investing)
Topic: Father left my Mother Suddenly, Need advice
Replies: 64
Views: 9627

Re: Father left my Mother Suddenly, Need advice

A little more info... He stated he wanted a divorce ~ 2ish years ago, moved out for a day, moved back in. Nothing was really settled though. Things have seemed back to normal, better than ever, even up to the previous day. So while it was out of the blue, it did have some warning in a sense. I highl...
by wilked
Mon Sep 23, 2013 8:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Father left my Mother Suddenly, Need advice
Replies: 64
Views: 9627

Re: Father left my Mother Suddenly, Need advice

Thanks for the feedback, I appreciate the responses.
by wilked
Mon Sep 23, 2013 9:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Father left my Mother Suddenly, Need advice
Replies: 64
Views: 9627

Re: Father left my Mother Suddenly, Need advice

1. Tmrw AM, schedule appt with lawyer
2. Open bank account in her name, move her half over

I guess it is all pretty straightforward.

Any misc advice beyond the above?
by wilked
Sun Sep 22, 2013 9:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Father left my Mother Suddenly, Need advice
Replies: 64
Views: 9627

Re: Father left my Mother Suddenly, Need advice

Are lawyers initial consult typically free? She has a name of a supposedly good lawyer, and I think will be contacting them. Just checking...
by wilked
Sun Sep 22, 2013 9:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Father left my Mother Suddenly, Need advice
Replies: 64
Views: 9627

Father left my Mother Suddenly, Need advice

My father left my mother yesterday, left a note and not much else. We are working on getting some communication, but for now assume there is none. My mom basically left all things finance to my dad so she has no idea of what is where. She is very smart and capable, but is starting at a disadvantage....
by wilked
Sun Sep 22, 2013 8:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Father left my Mother Suddenly, Need advice
Replies: 64
Views: 9627

Re: Should I buy a house before interest rates go up?

Anyone that can predict which way interest rates are going to go is a charlatan. I think your plan of saving aggressively and gathering 20% is a good one, stick with that, be a little cramped over the winter (it keeps you warmer and saves on heat!) Read up on removing PMI, it is more difficult than ...
by wilked
Wed Sep 11, 2013 2:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should I buy a house before interest rates go up?
Replies: 6
Views: 881

Re: New baby: Do I need a will?

Exact same situation... Lastly, advice was given to me and I will pass it on, keep all the docs in a couple ziploc freezer bags and store in the freezer (fireproof), and let your possible guardian know they are there. Do you keep your cash there as well? Tell me your address, suddenly I've develope...
by wilked
Mon Sep 09, 2013 1:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: New baby: Do I need a will?
Replies: 43
Views: 2708

Re: New baby: Do I need a will?

Exact same situation... I purchased Quicken Willmaker (above was suggested to see if library has it, not a bad idea either). We created wills, durable POAs, etc with the software. I have a lawyer-friend who offered to give the docs a quick 'once-over', made a couple of small suggestions. We went to ...
by wilked
Mon Sep 09, 2013 8:38 am
 
Forum: Personal Finance (Not Investing)
Topic: New baby: Do I need a will?
Replies: 43
Views: 2708

Re: Just applied for Social Security

I am not really sure what you are asking...


Any surprises? That seems like a question anyone can ask to anyone, any time. The thing about surprises is that you can't generally predict them
by wilked
Thu Sep 05, 2013 11:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Just applied for Social Security
Replies: 36
Views: 2936
Next

Return to advanced search