Search found 7 matches

by clace
Sat Jun 17, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected raise while househunting-- should I change my budget?
Replies: 21
Views: 2480

Unexpected raise while househunting-- should I change my budget?

I've been house-hunting with the intention of keeping my monthly housing costs in line with what I'm currently paying in rent. I've been considering both condos and houses in the range of 360k - 500k (since my downpayment is flexible). However, I've just received a 25% raise (after having received a...
by clace
Tue Aug 16, 2016 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: How should I classify this employee stock program for allocation purposes?
Replies: 3
Views: 312

How should I classify this employee stock program for allocation purposes?

My Europe-based employer offers its US employees a unique employee stock program. As I invest more into this program (it currently makes up 5% of my total portfolio) I've started to wonder how I should treat it for allocation purposes (I track domestic/international, and equity/fixed, and rebalance ...
by clace
Sun Apr 07, 2013 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: What level of detail do you budget to?
Replies: 66
Views: 6107

Re: What level of detail do you budget to?

My spending budget is not really to curtail total spending (I do that naturally) but to fine-tune it. No rollover to next month - Monthly/Fixed - Monthly/Variable Rollover to next month - Periodic necessities (everyday/work clothing, medical, household..) - Discretionary (broad categories, except I ...
by clace
Mon Mar 18, 2013 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for 25 y/o
Replies: 5
Views: 763

Re: Portfolio for 25 y/o

I think your CA state tax is higher than 5%. You should consider making at least a partial deductible IRA contribution instead of a Roth contribution. Some portion of your income will still be in the federal 25% bracket and around 8% CA bracket. You are correct, I'm in the 9.3% bracket; I was basin...
by clace
Mon Mar 18, 2013 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for 25 y/o
Replies: 5
Views: 763

Re: Portfolio for 25 y/o

Well, I don't want to move everything to Vanguard. Maybe later, after I've had a chance to compare the two. Besides, even if I were to move everything to Vanguard, the money would still be in four separate accounts so the situation would be the same. Of course I can afford to max the 401k, but my em...
by clace
Mon Mar 18, 2013 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio for 25 y/o
Replies: 5
Views: 763

Portfolio for 25 y/o

Hello, I am a 25 year old working in a non-creative capacity in the music industry. Although the industry is obviously very risky, my department is essential and is expanding considerably, so I feel okay about the position (and of course, I love it). I asked a question about a month ago about how to...
by clace
Sun Feb 17, 2013 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Overhaul for 25 y/o
Replies: 3
Views: 808

Portfolio Overhaul for 25 y/o

Hello, I am 25 years old, and have decent retirement assets considering that I haven't contributed anything since I was 14 (worked at family business, wages went straight to Schwab). However, the account needs a total overhaul-- whoever set it up made some very odd choices. In addition, I am finally...