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Re: Was ready to pull plug on Janus..until

Honestly it doesn't sound like you understand the point several posters are making, and I wouldn't make any moves until you do. You are proposing changing more than the company that manages your funds, you're talking about changing the nature of your portfolio. If you want a total market weighted po...
by yosef
Tue Jul 29, 2014 4:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Was ready to pull plug on Janus..until
Replies: 66
Views: 3858

Re: Rich Spouse, Poor Spouse

fanmail wrote:I don't get the keeping it seperate idea. When you marry, you join together, joint finances along with that.

+1 I just can't imagine a marriage where things are mine vs yours. Everyone's situation is unique, but that's just how I see it.
by yosef
Thu Jul 24, 2014 3:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rich Spouse, Poor Spouse [Tax filing apportionment]
Replies: 77
Views: 5224

Re: If you own a car, do you have a car payment?

Umm, those of you who say you are financing because the rate is zero or near zero percent....did you figure in the cost of being forced to purchase collision/comprehensive insurance? When you don't actually own the car, you must buy C/C. Of course, I guess if you're buying an expensive new car, you...
by yosef
Wed Jul 23, 2014 2:54 pm
 
Forum: Personal Consumer Issues
Topic: If you own a car, do you have a car payment?
Replies: 112
Views: 7312

Re: If you own a car, do you have a car payment?

After close to 8 years with no payments I recently replaced my 11 year old car. I considered paying cash but since the dealer was offering 0.9% financing I took that (I'm very confident I did not leave money on the table by financing). I will likely keep the loan less than a year.
by yosef
Tue Jul 22, 2014 1:34 pm
 
Forum: Personal Consumer Issues
Topic: If you own a car, do you have a car payment?
Replies: 112
Views: 7312

Re: How would you handle this situation if it was you.

I think your priority should be your education. Get in a program that will give you a career with decent salary potential. Hopefully some of your credits will transfer to a respectable school. Above all do not inflate your lifestyle now and get yourself into a situation where you can't get an educat...
by yosef
Mon Jul 21, 2014 7:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: How would you handle this situation if it was you.
Replies: 15
Views: 1980

Re: Anyone use Wells Fargo Bank?

Anything I need to know about banking with Ally long distance? Pluses or minuses? Nonnie I don't have checking there, that's still at WF. I pay day to day expenses on Amex and then pay that in full from checking. So my checking account sees very little activity. At Ally I have CDs and a savings acc...
by yosef
Wed Jul 02, 2014 9:49 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone use Wells Fargo Bank?
Replies: 57
Views: 7647

Re: Anyone use Wells Fargo Bank?

The Crown account is still around with most of the same benefits. I think the minimums/etc might be a bit higher to avoid fees though. We have been with them (via Wachovia) for about 17 years. Frankly I'm surprised to see how many fans they have here. I keep the relationship for 2 reasons: To have r...
by yosef
Tue Jul 01, 2014 10:34 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone use Wells Fargo Bank?
Replies: 57
Views: 7647

Re: Where to put my house fund?

Sounds like you have a good handle on the options. I think CDs would probably be the best choice; even if you aren't in a hurry to buy putting the money in stocks (which really seems like the only option that could give a better return than a good CD) could bite you.
by yosef
Thu Jun 19, 2014 1:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where to put my house fund?
Replies: 3
Views: 452

Re: Laid off - HSA Contributions?

Hmm. I have a new job with a non-HDHP that will cover me starting next month. Meanwhile, I will continue to be covered by my existing HDHP from my previous employer for about 2 more months. Something I just read made it sound like I am ineligible to contribute to the HSA once I am covered by a non-...
by yosef
Wed Jun 11, 2014 3:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laid off - HSA Contributions?
Replies: 9
Views: 1026

Re: Laid off - HSA Contributions?

Hmm. I have a new job with a non-HDHP that will cover me starting next month. Meanwhile, I will continue to be covered by my existing HDHP from my previous employer for about 2 more months. Something I just read made it sound like I am ineligible to contribute to the HSA once I am covered by a non-H...
by yosef
Wed Jun 11, 2014 11:42 am
 
Forum: Personal Finance (Not Investing)
Topic: Laid off - HSA Contributions?
Replies: 9
Views: 1026

Re: Laid off - HSA Contributions?

I am in a similar situation. Any contributions we make ourselves (not via paycheck withholding) are still tax deductible though right? And we are free to continue using the HSA even after we are no longer on the policy it was tied to, correct? I was not planning on maxing my contribution, but after ...
by yosef
Tue Jun 10, 2014 12:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laid off - HSA Contributions?
Replies: 9
Views: 1026

Re: New Dodge Grand Caravan vs. Used Honda Odyssey/Toyota Si

I'd question that valuation also. We have a 2005 Sienna with ~105k miles and it's worth just a bit less than $10k.
by yosef
Fri Jun 06, 2014 8:19 pm
 
Forum: Personal Consumer Issues
Topic: New Dodge Grand Caravan vs. Used Honda Odyssey/Toyota Sienna
Replies: 21
Views: 1960

Life insurance term length

My wife and I will be 39 years old this year. Our current 10 year term insurance policies are up this year, and I'm trying to decide if I should simply renew our existing policies for another 10 year term or shop around for 20 year term. Our current policies were purchased through the alumni associa...
by yosef
Tue May 20, 2014 7:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Life insurance term length
Replies: 2
Views: 204

Re: top of the market

You must be new here ;) Who says you have to put it all in equities? Regardless, you can't time the market. If you don't get in now, how much of a drop will you wait for? How big will the gains you miss out on from now until then be? If you accept that the overall trend of the market is up long term...
by yosef
Wed May 14, 2014 7:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: top of the market
Replies: 7
Views: 810

Re: Job Offer Negotiation / Interview Snafu

I agree about waiting until after the offer. I always wonder about people who ask this question-- why are they asking this? Are they just going to come here and slack? I'm not sure that is a snafu, actually. Post-offer, you can probably get this type of information. But I think you have to be caref...
by yosef
Tue Mar 04, 2014 10:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Job Offer Negotiation / Interview Snafu
Replies: 177
Views: 30921

Re: To Refinance or Not to? Newbie advice Wanted

You should be able to get some ideas of closing costs from Google, but I think it's safe to say it will be > 1% of the loan amount. They can and usually are rolled into the mortgage, but these costs will give you a good idea of how long it will take you to break even. And yes, the amortization sched...
by yosef
Tue Feb 11, 2014 5:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: To Refinance or Not to? Newbie advice Wanted
Replies: 20
Views: 844

Re: Thoughts on Emergency Funds

Failing some ridiculously high interest debts as posited above, I would never drop my EF to anywhere near $1k just to pay off debt. My thinking on this matter is to consider which you would prefer to have if you lost your job tomorrow, the debt or the money? I've been debt-free (aside from mortgage)...
by yosef
Mon Feb 10, 2014 3:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Emergency Funds
Replies: 16
Views: 1553

Re: Layed off and now retiring. Need advice...

Since no one has yet suggested it, I'd say to read The Bogleheads Guide to Investing. And check out the wiki for additional recommendations, but the Bogleheads guide in particular will give you a strong introduction to the philosophy and reasoning behind using index funds. Selling out of some of the...
by yosef
Sun Feb 09, 2014 9:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Layed off and now retiring. Need advice...
Replies: 65
Views: 7663

Re: Doing a new job at work at not getting paid for it

Refusing to do the job is not going to win you any points. I think you need to look at the situation objectively and ask yourself why they are so hesitant to bring you in. If you really are qualified, and there is internal politics or some other thing holding you back at this particular company, I'd...
by yosef
Sun Feb 02, 2014 8:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Doing a new job at work at not getting paid for it
Replies: 27
Views: 2136

Re: Company Phantom Stock - Are We Making a Sound Decision?

I'm not at all familiar with that type of plan, but I'm assuming from what you wrote that you will pay taxes at your marginal rate regardless of how long you hold this position, is that true? If so, I think you're definitely doing the right thing. The fact that the company can stop you from cashing ...
by yosef
Sat Feb 01, 2014 5:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Company Phantom Stock - Are We Making a Sound Decision?
Replies: 21
Views: 1322

Re: What is your definition of "Wealthy?"

I realize that the question seeks to address the "psychological" aspects of whether people feel wealthy, but I also think it makes no common sense, considered objectively in terms of dollars, to assert that a household with access to $300,000 per year is actually less well off, and has fe...
by yosef
Sat Feb 01, 2014 5:32 pm
 
Forum: Personal Finance (Not Investing)
Topic: What is your definition of "Financially Wealthy?"
Replies: 110
Views: 10098

Re: To Keep Renting or Buy First Home?

I agree with everyone else; you simply don't have anywhere close to enough savings to consider buying a home. You can't really afford a $240k house. You have practically no downpayment so you'd be stuck doing nearly 100% financing, PMI....yuck. Even if you had the cash with your uncertain time horiz...
by yosef
Mon Jan 27, 2014 5:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: To Keep Renting or Buy First Home?
Replies: 12
Views: 1277

Re: SUV Vs Sedan

Plus for SUV (which can also be disadvantages of SUV's if you have a different preference/lifestyle): - Some find it easier to load kids of all ages - Space to carry kids sports/activity paraphernalia - Some prefer riding higher above the road - Space to buy big items at Costco or home improvement ...
by yosef
Sun Jan 26, 2014 7:29 pm
 
Forum: Personal Consumer Issues
Topic: SUV Vs Sedan
Replies: 50
Views: 4084

Re: Should my son pay me rent, utilities, etc...?

Your son sounds a lot like the twin sons a neighbor of mine has. They are 22 or 23 now, and have absolutely no plan to launch their lives. They are not bad kids, and my neighbors are not bad parents aside from letting their kids languish at home. They were not advised to attend a 4 year college, the...
by yosef
Thu Jan 16, 2014 4:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Should my son pay me rent, utilities, etc...?
Replies: 124
Views: 10260

Re: Dumb Mac Question [Adobe reader problem]

Just out of curiosity, why Adobe Reader rather than just using the Preview PDF viewer that's already part of OSX? Bob +1000 I have never installed Adobe Reader on any Mac, and I don't understand why anyone would. Flash is the last foothold Adobe has on my system, and hopefully that can be expunged ...
by yosef
Mon Jan 13, 2014 4:48 pm
 
Forum: Personal Consumer Issues
Topic: Dumb Mac Question [Adobe reader problem]
Replies: 30
Views: 1177

Re: Is it time for me to find a new job?

Putting aside the question of whether you should change employers, are you sure you really want to be managing people, or are you simply looking to that path to increase your earnings? It sounds like you're a coder, and in my experience the intersection of people with the desire and aptitude to both...
by yosef
Wed Jan 01, 2014 9:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to find a new job?
Replies: 33
Views: 3880

Re: How to respond to request for current salary in an inter

I think everyone acknowledges that it's important to ensure that the parties are not wasting one another's time. But why do people feel it's ok to ask your current salary to determine that? Doesn't the question "What is your target salary?" accomplish the same goal? To the poster who said ...
by yosef
Fri Dec 13, 2013 9:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to respond to request for current salary in an interview
Replies: 113
Views: 7679

Re: Roth IRA for emergency fund?

What kind of rate can you get in the MMF? Is it really any higher than a high yield savings account?
by yosef
Sat Oct 19, 2013 1:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for emergency fund?
Replies: 20
Views: 1969

Re: To rollover or not to rollover 401k?

placeholder wrote:
Steelersfan wrote:Check with the HR department of your new company. Although some companies allow you to roll old 401k accounts into their plan, many (most?) do not.

I've never heard that. Almost any takes another 401(k) in.


Plans that allow you to roll assets in are somewhat rare in my experience also.
by yosef
Mon Sep 30, 2013 7:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: New 401k - please help w diversification of total portfolio
Replies: 15
Views: 1054

Re: To rollover or not to rollover 401k?

I have a single Rollover (Traditional) IRA that I have rolled several old 401k plans into. In my mind doing so is a good move because a) it reduces the number of accounts you have to keep up with (after the first at least) and more importantly b) you will have access to a lot more investment choices...
by yosef
Mon Sep 30, 2013 2:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: New 401k - please help w diversification of total portfolio
Replies: 15
Views: 1054

Re: 401(k) dilemma. Is an index fund the best choice?

I'm very much a novice myself, but I think your categorization of "stock funds" is much too broad. An S&P 500 index fund is a large cap fund. You're comparing that with small and mid cap funds. Apples and oranges.
by yosef
Thu Aug 29, 2013 10:29 am
 
Forum: Investing - Help with Personal Investments
Topic: 401(k) dilemma. Is an index fund the best choice?
Replies: 51
Views: 4143

Re: Need advice on how to allocate my savings/investment mon

I would argue that without a substantial taxable account to draw on, 3 months is not enough of an EF, particularly with you and your spouse employed by the same company. I think 6 months in cash should be a minimum. If you don't have enough cash flow to fully fill your tax deferred space and still b...
by yosef
Mon Aug 19, 2013 4:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need advice on how to allocate my savings/investment money
Replies: 5
Views: 543

Re: Are these fees too high?

Fidelity has a pretty good number of very low cost funds you could move into. Take a look at their Spartan funds. Even if you wind up changing brokers eventually, you should be able to sell out of those high cost funds into index funds tomorrow at Fidelity.
by yosef
Wed Aug 14, 2013 8:34 pm
 
Forum: Investing - Help with Personal Investments
Topic: Are these fees too high?
Replies: 64
Views: 3958

Re: Ever Filed Civil Suit against Neighbor?

I agree that at this point you either have to suck it up, or hold the township's feet to the fire on enforcing their own laws. Nothing good will come of a lawsuit.
by yosef
Wed Aug 14, 2013 1:55 pm
 
Forum: Personal Consumer Issues
Topic: Ever Filed Civil Suit against Neighbor?
Replies: 82
Views: 4619

Re: roth question?

currently I am 32 YO and have 50 grand in a vanguard roth ira. the entire balance is invested in the target retirement 2045 fund. Should i allocate more money towards other funds? The Vanguard TR funds are good funds that actually invest in 3 other funds internally (Total Stock, Total Bond, Total I...
by yosef
Sun Aug 11, 2013 2:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: roth question?
Replies: 5
Views: 259

Re: Buying a new car vs leasing

Hi forum, I am considering the purchase of a new or certified pre-owned car or leasing perpetually. At the moment, I drive a 10-11 year old car (almost 100K miles). It hadn't been giving me trouble until recently. Stuff has started to fall apart. The repair costs are starting to make me feel like I...
by yosef
Mon Jul 29, 2013 2:56 pm
 
Forum: Personal Consumer Issues
Topic: Buying a new car vs leasing
Replies: 61
Views: 6041

Re: Expensive repairs on an old car. Opinions?

Wait and see what the repairs will be, and then decide between options 1 and 2. Option 3 IMO is a bad idea because either of those components failing will strand you, and then you'll have to find something new in a hurry, which could cost you.
by yosef
Mon Jul 22, 2013 2:12 pm
 
Forum: Personal Consumer Issues
Topic: Expensive repairs on an old car. Opinions?
Replies: 76
Views: 2720

Re: Holy Geico Batman!

Been with Geico 15 years, and always had great service. They even reduced our premiums by forgiving an accident my wife had about 2 years before it would have otherwise dropped off for "being a loyal customer".
by yosef
Mon Jul 22, 2013 2:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Holy Geico Batman!
Replies: 38
Views: 4659

Re: Do the majority of people pay their Credit Card bill onl

I'm the opposite. I'd rather push the money so I'm totally in control of the entire transaction. I guess but for variable bills "pushing" the payment requires manual intervention on your part, which is definitely not worth it IMO. Fully automated >> somewhat automated. I disagree. The man...
by yosef
Mon Jul 22, 2013 12:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do the majority of people pay their Credit Card bill online
Replies: 117
Views: 7120

Re: Do the majority of people pay their Credit Card bill onl

Exactly. For about a dozen years or more. I have each company PULL their 100% monthly payment from my checking. Much better IMO than PUSHING payments from bank. Never one problem. I'm the opposite. I'd rather push the money so I'm totally in control of the entire transaction. Brian I guess but for ...
by yosef
Mon Jul 22, 2013 9:13 am
 
Forum: Personal Finance (Not Investing)
Topic: Do the majority of people pay their Credit Card bill online
Replies: 117
Views: 7120

Re: What's your budget look like?

Savings: ~30%
Spending: the rest.

I have given up on partitioning the second category any more than that. What's the point?
by yosef
Sun Jul 21, 2013 1:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: What's your budget look like?
Replies: 45
Views: 3428

Re: Late 30s: 2 Years In

I think this is the part where someone jumps in and says that money is fungible. If I have the money to pay off the loans, then whether or not i actually pay them off doesn't matter. My cash flow is not affected. Money is fungible. :twisted: I'm 38 also and make about the same as you do. My wife is...
by yosef
Fri Jul 19, 2013 1:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Late 30s: 2 Years In
Replies: 42
Views: 4383

Re: Why not pay credit card bill as soon as it arrives?

I'm just surprised at the number of people that are still paying bills manually. There's no risk in taking advantage of the float when the bills pay automatically. I want to be sure that I've reviewed every bill before it's paid. If I have to the site to do that, I might as well pay then too. Brian...
by yosef
Fri Jul 12, 2013 2:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why not pay credit card bill as soon as it arrives?
Replies: 69
Views: 5105

Re: USAA to Geico for auto insurance?

I've been with Geico for 15 years. Their rates are unbeatable, and the service has always measured up. My wife made a claim about 2-3 years ago and our rates went up a bit. This past March when our policy renewed the rate had been lowered again with a note that they had reinstated our good driver di...
by yosef
Thu Jul 11, 2013 8:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: USAA to Geico for auto insurance?
Replies: 19
Views: 2682

Re: Why not pay credit card bill as soon as it arrives?

I'm just surprised at the number of people that are still paying bills manually. There's no risk in taking advantage of the float when the bills pay automatically.
by yosef
Thu Jul 11, 2013 8:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why not pay credit card bill as soon as it arrives?
Replies: 69
Views: 5105

Re: How to sell RSUs intelligently.

My employer sells a portion of the shares for taxes prior to giving me the rest. Typically after they hit my account I'll either unload them immediately or wait up to a week or 2 for a small pop if the price "seems off" when they're first available. It's not very precise, but again you rea...
by yosef
Thu Jul 11, 2013 8:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to sell RSUs intelligently.
Replies: 12
Views: 1227

Re: How to sell RSUs intelligently.

How can you "take a hit" on RSUs? They are given to you at zero cost, right? I usually sell as soon as I see a small pop, but always within a week or 2.
by yosef
Thu Jul 11, 2013 7:40 pm
 
Forum: Investing - Help with Personal Investments
Topic: How to sell RSUs intelligently.
Replies: 12
Views: 1227

Re: Why/how such big disparities in CD rates?

I'm curious how big the rate gap would need to be for some people to make a move. It's not that hard. As an example Wells Fargo is offering 0.03% APY for a savings account. Ally is offering 0.84% APY, or 28 times more.
by yosef
Mon Jul 08, 2013 3:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why/how such big disparities in CD rates?
Replies: 20
Views: 2222

Re: Why/how such big disparities in CD rates?

BofA and other big banks (Wells, Chase, Citi) have more deposits than they know what to do with right now. They are not that hungry for extra deposits. Someone should tell that to their tellers so they will quit trying to sell me on any of their products that pay these ludicrously low rates. It's n...
by yosef
Mon Jul 08, 2013 2:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Why/how such big disparities in CD rates?
Replies: 20
Views: 2222

Re: Asking for a (potentially significant) raise

You'll probably have to leave to get the raise you deserve. Nearly every entry-level person who works for a big company has to leave to get the money they deserve. The first 5-10 years, you become 5x more knowledgable and useful to your company, but they are unable or unwilling to pay you what you ...
by yosef
Tue Jul 02, 2013 9:38 am
 
Forum: Personal Finance (Not Investing)
Topic: Asking for a (potentially significant) raise
Replies: 66
Views: 4887
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