Search found 12 matches

by geologist20
Thu Apr 20, 2017 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 2356

Re: Should I bother with a 401k at present?

I have read many of the responses you have received and agree with most of what I have read. Since the previous responses have covered the basics--i.e. invest to get the match, etc.--I thought I would just add one more personal observation. I am 55 and a few years ago I started to really get my est...
by geologist20
Wed Apr 19, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: Improving my Math Skills
Replies: 27
Views: 3707

Re: Improving my Math Skills

Unlike a lot of other subjects, with math you learn most efficiently by doing lots of practice problems. coursera.org and edx.org of a lot of interesting courses that you can audit.
by geologist20
Wed Apr 19, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 2356

Re: Should I bother with a 401k at present?

Fast forward 10 years and imagine having not contributed. Your financial situation may get better in those 10 years, but you will never be able to go back & fund/match that 401k. You will be sitting on a boatload of retirement savings after those 10 years ! Yea, as I'm going through this topic I re...
by geologist20
Wed Apr 19, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 2356

Re: Should I bother with a 401k at present?

Lots of good ideas here. The roth IRA is an interesting idea, but with pre-tax 401k and health savings account contributions, paying debt and put some money in an emergency savings account, I doubt I'll be able to fund another account. I'll start contributing to my companies 401k because as someone ...
by geologist20
Wed Apr 19, 2017 10:43 am
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 2356

Re: Should I bother with a 401k at present?

@BHUser27 I'll check it out thanks. @hammockman I edited the original post with the ceiling, but my company matches up to $1000 per year @aristotelian I use the YNAB app to track my budget and net worth, which has been improving this year. I'll go ahead and lower my contribution to my health savings...
by geologist20
Wed Apr 19, 2017 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Should I bother with a 401k at present?
Replies: 25
Views: 2356

Should I bother with a 401k at present?

Considering my current financial situation, does it make sense to put money into a 401k now? I am a 31 year old male with a wife and 2 year old and newborn due in November this year. I currently work as a geologist in an environmental consulting company. Current salary is around 55,000. I live in Fl...
by geologist20
Sat May 21, 2016 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct change bank accounts
Replies: 1
Views: 428

Treasury Direct change bank accounts

For those of you who know about the hassle it is to change bank accounts on Treasury Direct, you can now update your bank information online. From the login main page (after you log in) "Good News! Starting May 21, 2016, you will be able to add and edit bank information in your TreasuryDirect a...
by geologist20
Fri May 20, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Treasury Direct -Changing Bank Account Info
Replies: 30
Views: 5309

Re: Treasury Direct -Changing Bank Account Info

Old post, but I spoke to a treasury direct representative today and they notified me that starting tomorrow (May 21, 2016) you will not need to fill out the form 5512 (bank change form with certifying/medallion signatures) in order to change banks. You will be able to make the change directly online...
by geologist20
Sun Mar 20, 2016 10:00 am
Forum: Investing - Theory, News & General
Topic: "If You Can" book - Free Promo
Replies: 27
Views: 4922

Re: "If You Can" book - Free Promo

Great advice. I'm going to share this link on my facebook page, if you don't mind.
by geologist20
Fri Mar 11, 2016 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Changing bank accounts on Treasury Direct when you only have online
Replies: 7
Views: 770

Re: Changing bank accounts on Treasury Direct when you only have online

I think TD wants a medallion signature, correct? Not correct. A medallion guarantee is not required. Form can be signed by any "certifying officer" at any bank or credit union. But it must be done "in person" at that institution. I called a local bank and made an appointment. No...
by geologist20
Fri Mar 11, 2016 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Changing bank accounts on Treasury Direct when you only have online
Replies: 7
Views: 770

Re: Changing bank accounts on Treasury Direct when you only have online

I think TD wants a medallion signature, correct? Fidelity does it. My local Chase told me they would do it even though I only had a Chase credit card , but I think that was at the manager's discretion. Can't hurt to ask banks where you have a credit card relationship - I would try a newly opened ba...
by geologist20
Fri Mar 11, 2016 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Changing bank accounts on Treasury Direct when you only have online
Replies: 7
Views: 770

Changing bank accounts on Treasury Direct when you only have online

My treasury direct account is linked to a bank account I closed a few months ago. With treasury direct I have to sign the bank account change in front of a certifying officer. The problem is that my main checking and savings account is with Charles Schwab, which can only do the service I need in the...