Search found 97 matches

by UnLearnYourself
Tue Aug 15, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Have (3) 401ks - Where/if to consolidate?
Replies: 6
Views: 771

Re: Have (3) 401ks - Where/if to consolidate?

What are a few simple questions I can ask myself or my 401k providers to determine if they're "good?" Currently the 2 I have with old employers are being held by SBERA and Empower. My current employer is actually hosting an info session tonight to introduce their 401k program for the first time, whi...
by UnLearnYourself
Tue Aug 15, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Have (3) 401ks - Where/if to consolidate?
Replies: 6
Views: 771

Have (3) 401ks - Where/if to consolidate?

I now have (3) 401ks and don't like the idea of my money being too scattered around.

Is it commonly recommmended to consolidate such accounts?

What is a good strategy/location for consolidation?
by UnLearnYourself
Fri Aug 11, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can a salaried employee be docked pay...
Replies: 33
Views: 3438

Re: Can a salaried employee be docked pay...

Seems like a consensus is brewing. I appreciate the quick thoughtful feedback (as always seems to be the case around here!)

Ultimately it's a small amount, but before my friend got too fired up about it I wanted to do a little digging.
by UnLearnYourself
Fri Aug 11, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can a salaried employee be docked pay...
Replies: 33
Views: 3438

Re: Can a salaried employee be docked pay...

I'm asking regarding a friend, this is the language I keep reading: "Being paid on a “salary basis” means an employee regularly receives a predetermined amount of compensation each pay period. The predetermined amount cannot be reduced because of variations in the quality or quantity of the employee...
by UnLearnYourself
Fri Aug 11, 2017 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Can a salaried employee be docked pay...
Replies: 33
Views: 3438

Can a salaried employee be docked pay...

Can a salaried employee be docked pay for a sick day prior to being eligibile for PTO/sick time benefits? Scenario: Employee begins getting benefits for PTO, sick time, health/dental, 401k, etc 90 days from the start of employment. 45 days into employment the employee is out sick for a day. Question...
by UnLearnYourself
Wed Jan 18, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: No company 401k. Already max Roth. Now what?
Replies: 15
Views: 1363

Re: No company 401k. Already max Roth. Now what?

If you are not covered by a retirement plan at work, but your spouse is, your MAGI should be less than $186,000 to fully deduct the TIRA contribution for 2017. If neither of you is covered, there is no income limit. Make sure that you invest the tax savings from deducting the TIRA. My wifes company...
by UnLearnYourself
Wed Jan 18, 2017 7:55 am
Forum: Investing - Help with Personal Investments
Topic: No company 401k. Already max Roth. Now what?
Replies: 15
Views: 1363

Re: No company 401k. Already max Roth. Now what?

Consider if using tIRA and deducting the contributions might be a good choice (in addition to putting money into a taxable account). If you are not married, you can do that since you are not covered at work. If you are married, it depends on the family income. I am about 30-40% commissions, so tbd ...
by UnLearnYourself
Sun Jan 15, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 42
Views: 4626

Re: Landlord for first time - tips and things to know?

Also, it's an owner occupied home...we're living in the 3 bdrm "owners unit" and renting out 2 one-bdrm units.

Is LLC a possibility with such an arrangement?
by UnLearnYourself
Sun Jan 15, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 42
Views: 4626

Re: Landlord for first time - tips and things to know?

FINALLY closing on Tuesday! Took forever. Any "first 30 days tips?" My attorney has advised that the previous owner returns all deposits and last months rent to the tenants so to allow us to start fresh and not be tangled in any mistakes he may have made holding that money. We are inheriti...
by UnLearnYourself
Sun Jan 15, 2017 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: No company 401k. Already max Roth. Now what?
Replies: 15
Views: 1363

Re: No company 401k. Already max Roth. Now what?

Invest tax-efficiently in a taxable account. Such a move is AMAZING! There are no limits on contributions and the tax drag should be less than 0.5% per year. Any specific recommendations? Again I haven't ever looked in this direction so I'll take any sharp starting points to accompany my own resear...
by UnLearnYourself
Sun Jan 15, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: No company 401k. Already max Roth. Now what?
Replies: 15
Views: 1363

No company 401k. Already max Roth. Now what?

I'm changing jobs and my new employer offers no 401k. Previously I was contributing 10% of pay + maxing out my Roth IRA $5,500. Now that 401k is not an option, what's my best move? I intend to be in a higher tax bracket when I retire so I'm planning to continue maxing out my Roth. Any help is apprec...
by UnLearnYourself
Tue Nov 29, 2016 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 42
Views: 4626

Re: Landlord for first time - tips and things to know?

This is all great stuff so far, thanks to you all! So my first comment is I'm in one of the scary states - MA. I'll be living in one of the units, so not sure if my owner occupied status will make an LLC or other holding applicable. I've certainly got homework to do, but will no doubt be super caref...
by UnLearnYourself
Mon Nov 28, 2016 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 42
Views: 4626

Landlord for first time - tips and things to know?

I'll be closing on a 3 family property over the next 30 days or so, and will be a landlord to a pair of one bedroom units while living in the attached 3 bedroom owners unit. I'm beginning to search online for things to keep in mind as a landlord and have been reading Investopedia's Complete Guide to...
by UnLearnYourself
Sat Nov 26, 2016 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Larger down payment/points for lower mortgage rate?
Replies: 4
Views: 768

Larger down payment/points for lower mortgage rate?

I'm buying a 3 family (owner occ, first time homebuyer) and with rates jumping and Feds set to meet again in a few weeks I've been considering options. We can get 4% with no points and 20% down on a $330k purchase. I may also be able to get 3.625% or more easily 3.75% with no points if we put down 2...
by UnLearnYourself
Sun May 18, 2014 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Best short term account for $20k?
Replies: 6
Views: 1453

Best short term account for $20k?

I've got about $20k in a regular savings account right now - savings for home purchase or investment/business opportunity. I'm adding $500-$750 bi weekly to that account. I've got 6% going into my 401k (balances around $40k), and am maxing out my Roth IRA, which I've been doing for about 3 yrs now (...
by UnLearnYourself
Sun Apr 20, 2014 10:44 am
Forum: Personal Consumer Issues
Topic: Best way to get a car loan
Replies: 8
Views: 855

Re: Best way to get a car loan

Check AAA.

Used loan rates are 2.09 in my area.

New loan rates can be dirt cheap through the dealership.

Lots of good options it seems if you're current or ex military.
by UnLearnYourself
Sun Apr 20, 2014 10:37 am
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Re: Help me find the right used car.

Going with a 2010 Ford Fusion, SEL, AWD w/100k miles. Costing me $11k fully loaded. Was over $30k new, perfectly serviced on the regular at the dealership, all highway miles by a cautious salesman. Never thought I'd buy a Ford, but it seemed to be the best overall value in this price range when cons...
by UnLearnYourself
Sun Apr 20, 2014 10:33 am
Forum: Personal Consumer Issues
Topic: Auto Insurance advice?
Replies: 14
Views: 4124

Auto Insurance advice?

Trying to weigh coverage and company options for auto insurance, thought I'd check in here to see if anybody had good tips and advice. Insuring in MA. I have AAA so don't need roadside, I have a work car so don't need rental, and am considering the following for coverage. Will be driving a 2010 Ford...
by UnLearnYourself
Wed Apr 16, 2014 7:14 pm
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Re: Help me find the right used car.

If you're only driving it far during the nice months, do you really need AWD? If you were doing okay with a 2WD Civic, and considering your price point, I think AWD isn't worth the cost or the limitations on selection that it imposes. You may be right about that. The company car will be AWD so that...
by UnLearnYourself
Wed Apr 16, 2014 6:46 pm
Forum: Personal Consumer Issues
Topic: Most solid small car
Replies: 25
Views: 4516

Re: Love our Audi A3

Have owned an Audi A3 for 6 years. Great car. Euro handling. Small. Hatchback is great. Leather, heated seats. Would buy again. In about 10 years. How tall are you? I'm about 6'3", and have found that smaller cars put a strain on my lower back. I'm single, no kids, so I like the idea of smalle...
by UnLearnYourself
Wed Apr 16, 2014 6:40 pm
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Re: Help me find the right new car.

I'm finding myself more torn with this purchase situation, struggling to decide upon a price range, makes, and models. And the lack of time I have is a little troubling...the insurance company will pay for my rental until Monday, and I have still not found the right car for me. I really don't like m...
by UnLearnYourself
Thu Apr 10, 2014 8:12 pm
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Re: Help me find the right new car.

UPDATE: The other driver's insurance company called me and formally assumed responsibility. For good measures I requested a copy of the report that outline the value they assigned to my car. I took 5 min and searched a few used car sites for '07 Civics with over 100k miles, and found a handful that ...
by UnLearnYourself
Sun Apr 06, 2014 1:49 pm
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Re: Help me buy a used car, please.

Diogenes wrote:Some good tips here:

viewtopic.php?f=11&t=131686&p=1939209#p1939209



Thanks, I'll read through that!
by UnLearnYourself
Sun Apr 06, 2014 1:48 pm
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Re: Help me buy a used car, please.

However, what I can get for $6,500 doesn't excite me. Why not purchase another Honda Civic? Have you asked the insurance company to show you the advertisements for a Honda Civic with the same trim level and similar millage at a local dealer? Be sure to visit the dealer to verify the vehicle is actu...
by UnLearnYourself
Sun Apr 06, 2014 7:45 am
Forum: Personal Consumer Issues
Topic: Help me find the right used car.
Replies: 23
Views: 2727

Help me find the right used car.

A few bits of info that may help give me good advice: - My Honda Civic was just paid off in full last month, then this past week I was hit on the highway, and the other driver's insurance company is calling it a complete loss at their fault. I will get $6,500 cash from that. - My work is giving me a...
by UnLearnYourself
Mon Feb 17, 2014 8:04 pm
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 848

Re: Lease or buy new if given company car?

I would stick with the car you already have. It seems crazy to finish paying for a car, get a company car, then buy another car. While you have this chance, keep paying yourself the monthly car payment and save so you can pay cash when you buy a new car or SUV. Laura I'll be doing this for at least...
by UnLearnYourself
Mon Feb 17, 2014 8:03 pm
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 848

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 Had this thought last night, and will likely do this fo...
by UnLearnYourself
Mon Feb 17, 2014 8:01 pm
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 848

Re: Lease or buy new if given company car?

I would keep the Civic, drive it for personal use and hope it lasts at least 5 more years, all the while saving the $270/month so I have cash for a newer car when it dies. +1 I would suspect that there will be very many weekdays when you don't even start it up. One of the many problems with leasing...
by UnLearnYourself
Sun Feb 16, 2014 7:59 pm
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 848

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 Agreed. I just know that 15k is a common mile usage for lease vehicles, though I'm sure there's a 10k option for less of ...
by UnLearnYourself
Sun Feb 16, 2014 7:48 pm
Forum: Personal Consumer Issues
Topic: Lease or buy new if given company car?
Replies: 12
Views: 848

Lease or buy new if given company car?

I just paid off my '07 civic, which has 180,000 miles on it, and am debating whether I should get a new car or drive this for a while payment-free. My payment was $270/mo. To make things interesting I may be getting a company car in the spring, which will be used for all my work-related driving as w...
by UnLearnYourself
Mon Jan 20, 2014 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Help tracking work activities?
Replies: 7
Views: 708

Help tracking work activities?

Each week I need to submit my time card online with notes to justify hours worked. Right now I've just got a word doc on my desktop, and every call, email, and task related to work gets a quick note, which I then copy and paste into my daily time card entry. It seems silly but my company is contract...
by UnLearnYourself
Thu Dec 19, 2013 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Best Realtor North Shore MA?
Replies: 0
Views: 213

Best Realtor North Shore MA?

Looking for a realtor who has a great grasp on the market up here, who is honest and simply the best at what they do.

Not rushing a purchase, but want to start the process and find a realtor to be a true advocate for me.
by UnLearnYourself
Wed Dec 18, 2013 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking 401k & Roth IRA funds (31 y/o)
Replies: 5
Views: 1051

Re: Rethinking 401k & Roth IRA funds (31 y/o)

Thanks again. Still open to other viewpoints if anyone else wants to chime in. One question though...you reference the volatility of index funds, etc, by saying it can lose 40-50% overnight with a market crash. That is true over the short term...but isn't it also true that the history of the stock m...
by UnLearnYourself
Mon Dec 16, 2013 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking 401k & Roth IRA funds (31 y/o)
Replies: 5
Views: 1051

Re: Rethinking 401k & Roth IRA funds (31 y/o)

You're in very early stages of accumulation. I think 2020 fund may be fine. Focus instead on your savings rate. See EmergDoc's The Savings Rate: http://www.bogleheads.org/forum/viewtopic.php?t=6833 Balanced and asset allocation funds are great when you're investing entirely in tax advantaged accoun...
by UnLearnYourself
Sun Dec 15, 2013 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Rethinking 401k & Roth IRA funds (31 y/o)
Replies: 5
Views: 1051

Rethinking 401k & Roth IRA funds (31 y/o)

I'm 31, single, no children, non homeowner, ~$85k/yr salary, and thinking about transferring my 401k and Roth IRA balances into slightly more aggressive funds. I currently have ~$25k split between (2) 401k accounts, and ~$11k in a Vanguard Roth IRA account, which I have been maxing out the past few ...
by UnLearnYourself
Sat Aug 10, 2013 10:48 pm
Forum: Personal Consumer Issues
Topic: How much oil does your heating system burn?
Replies: 16
Views: 10951

Re: How much oil does your heating system burn?

We live in MA and just signed up for our annual "budget program" with our oil heating supply company. We moved to a new house 1 year ago and she said in the one year's time, we consumed 890 gallons. It's a 2,600 sq ft house and it's an oil fired furnace with forced hot air. This year's bu...
by UnLearnYourself
Sat Aug 10, 2013 9:20 pm
Forum: Personal Consumer Issues
Topic: New Car or Drive My Civic to the Ground?
Replies: 56
Views: 6576

Re: New Car or Drive My Civic to the Ground?

OR just repair the Civic and get it to 300,000 miles over the next several years or a point of no return to max out the value of having a car with no car payment?
by UnLearnYourself
Sat Aug 10, 2013 9:19 pm
Forum: Personal Consumer Issues
Topic: New Car or Drive My Civic to the Ground?
Replies: 56
Views: 6576

New Car or Drive My Civic to the Ground?

I'm at a bit of a vehicular crossroads, leaning towards buying a new car, but was hoping for some level headed feedback in the process. I currently own a 2007 Honda Civic EX with 170,000 miles on it. I've been religious with oil changes and routine upkeep so the engine and major components are all i...
by UnLearnYourself
Tue Aug 14, 2012 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Lawdepot.com good for legal docs?
Replies: 4
Views: 2068

Re: Lawdepot.com good for legal docs?

I have been owed about $4,000 from a small company for about 5 years now. It was a company I used to work for/with, so I had been very flexible about repayment for the majority of this time. Now, I want to collect this money. They have verbally agreed to make monthly payments until the amount is pa...
by UnLearnYourself
Mon Aug 13, 2012 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lawdepot.com good for legal docs?
Replies: 4
Views: 2068

Lawdepot.com good for legal docs?

I have been owed about $4,000 from a small company for about 5 years now. It was a company I used to work for/with, so I had been very flexible about repayment for the majority of this time. Now, I want to collect this money. They have verbally agreed to make monthly payments until the amount is pai...
by UnLearnYourself
Mon Aug 06, 2012 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Rollover Advice? New job.
Replies: 3
Views: 496

401k Rollover Advice? New job.

I'm starting a new job next week and have a $16,000 401k from my old job that I need to do something with. My current, soon to be old, employer sent me some paperwork giving me options, but none of them strike me as great. I'm seeking advice. First, what are my options? I'm happy to provide any info...
by UnLearnYourself
Thu Apr 12, 2012 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Career counseling
Replies: 17
Views: 1417

Re: Career counseling

Always good advice in these forums...
by UnLearnYourself
Thu Apr 05, 2012 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: International MBA vs. MBA in US?
Replies: 23
Views: 4301

Re: International MBA vs. MBA in US?

First off, thanks to the recent posts, and especially ValueThinker...tons of great stuff there. I really appreciate the time you took to lay all that out. To answer the few questions posed, I'm currently a Marketing Project Manager at a bank. I like the marketing work, not so much promoting banking ...
by UnLearnYourself
Thu Mar 29, 2012 9:38 am
Forum: Personal Finance (Not Investing)
Topic: International MBA vs. MBA in US?
Replies: 23
Views: 4301

Re: International MBA vs. MBA in US?

I might also add that there are reputable in-state programs such as UMass Isenberg School of Management, which isn't quite geared towards sustainability, but is a good school and costs approx $30k. So I might as well add that type of example to the mix to consider as a domestic alternative to the up...
by UnLearnYourself
Thu Mar 29, 2012 9:29 am
Forum: Personal Finance (Not Investing)
Topic: International MBA vs. MBA in US?
Replies: 23
Views: 4301

Re: International MBA vs. MBA in US?

Thanks slug. Responding to one of the above points that a non-top-tier school in Europe would carry as much merit in the US as a lesser or unknown school based in the US, I'd be curious to hear what some of you think when considering that dynamic relative to costs. For example, I've been looking at ...
by UnLearnYourself
Wed Mar 28, 2012 10:46 am
Forum: Personal Finance (Not Investing)
Topic: International MBA vs. MBA in US?
Replies: 23
Views: 4301

Re: International MBA vs. MBA in US?

Figured I'd drop back into this post...I've spent the last year honing my experience at my current job as Marketing Project Manager at a Bank. I've been here 3 years now and feel that I am prepared and qualified to move onto either further education or new job opportunities. I don't feel particularl...
by UnLearnYourself
Wed Mar 21, 2012 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Career Transition Advice?
Replies: 4
Views: 537

Career Transition Advice?

Hello all…I am strongly considering making a career transition/move, and I thought I would check in here for advice and insight. Here’s a bit of background info that may help frame my situation, but of course feel free to ask any questions that may help you better respond: I am 30, single, have no d...
by UnLearnYourself
Thu Mar 15, 2012 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Building Credit
Replies: 14
Views: 1263

Re: Building Credit

Here's a post I made in another thread. Sorry if some of the info is repeat info or doesn't apply to you: "Here are some tips to build/preserve your credit: - If you can't qualify for a regular credit card go to your bank and get a Secured Credit Card. Basically you deposit cash, and your credi...
by UnLearnYourself
Tue Mar 13, 2012 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: student loan for establishing credit??
Replies: 5
Views: 471

Re: student loan for establishing credit??

Here are some tips to build/preserve your credit: - If you can't qualify for a regular credit card go to your bank and get a Secured Credit Card. Basically you deposit cash, and your credit card will draw against your own money. So it represents no risk to the bank, yet they can charge you interest ...
by UnLearnYourself
Wed Mar 07, 2012 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Best place for Self Directed IRA?
Replies: 5
Views: 1020

Re: Best place for Self Directed IRA?

If your dad wants to pick his own stocks, bonds, or mutual funds, any brokerage IRA will do. Pick a decent online one that has reasonable commissions - Etrade, Fidelity, TD Ameritrade, Schwab, etc. "Self Directed" when referring to an IRA means something different than you think. It means...