Search found 20 matches

by rzk96
Wed Apr 26, 2017 10:34 pm
Forum: Investing - Help with Personal Investments
Topic: Hi all! Help a newbie
Replies: 3
Views: 179

Re: Hi all! Help a newbie

I'm new on here too and I had the same question regarding investing awhile ago. I asked my father in law, my CFO, and lots of bogleheads... max out every retirement fund (Roth, 401k, HSA, etc) AND form an emergency fund THEN invest!
by rzk96
Wed Apr 26, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking advice: Pay off student loan or ???
Replies: 7
Views: 311

Re: Seeking advice: Pay off student loan or ???

Yeah, pay it off. You will feel AMAZING. I treated myself to a nice dinner and dessert when I clicked "submit" for the final time on the loan site! :D

AND... you already did your due diligence by filling up your retirement stuff.
by rzk96
Thu Apr 20, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency fund
Replies: 13
Views: 1662

Re: Emergency fund

Can emergency fund be considered as part of asset allocation/portfolio if they are invested in bonds? Or should these be kept separate from assests (just like 529)? Any thoughts? Thanks. Separate for sure. Mine lets me sleep peacefully at night. But make sure to have it in an interest account! I us...
by rzk96
Wed Apr 19, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

Thanks all for the help :) Knew I could rely on all views on here!!
by rzk96
Wed Apr 19, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

Put the extra money toward you mortgage, 401K, IRA and savings. In 30 years, you won't even remember this car. ALL cars are on a one-way trip to the dump. Drive past a dump. Is there anything in there you would like to have made payments on? As posted originally, 401k will be maxed by end of June 2...
by rzk96
Wed Apr 19, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

One last thing on the car fund and I think we're done on that issue. If the car is actually new-new (not new-CPO or low-low miles and feels new), it should be covered as such (from Infiniti site): 4-year/60,000-mile Basic coverage 5-year/50,000-mile Emission Control coverage 6-year/70,000-mile Powe...
by rzk96
Wed Apr 19, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

Wanted to weigh my options. Hearing both sides on here make me very happy! I always appreciate folks. It can be a bit of a balancing act figuring where extra money goes when you're younger. But the key point is: there needs to be extra money available each month after all bills are paid. IOW, one n...
by rzk96
Wed Apr 19, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

Haha, before stating I can't find afford it... my mind set was: Since this car will last me 15+ years (again, will be maintaining it very well), I wanted the car new and exactly how I wanted it. That way once I pay it off ~3 years, I wouldn't want to go to another car "just because". Also...
by rzk96
Wed Apr 19, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

OP, If this is your dream car why wouldn't you have just saved up the money beforehand and pay in cash rather then go $34k in debt to purchase this SUV? If it's not practical for you to save up the money in a reasonable amount of time, I think that's a sign you don't quite have the finances to affo...
by rzk96
Wed Apr 19, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

OP, If this is your dream car why wouldn't you have just saved up the money beforehand and pay in cash rather then go $34k in debt to purchase this SUV? If it's not practical for you to save up the money in a reasonable amount of time, I think that's a sign you don't quite have the finances to affo...
by rzk96
Wed Apr 19, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

I have to ask the question: What is the "car bank account?" It *can't* be money your saving up to buy a new car since you already have your dream car. I sincerely hope it's not the car maintenance fund.. =) Assuming it's sitting in a savings account... use it and almost all (sans $1000) o...
by rzk96
Wed Apr 19, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

if your goal is to minimize the amount of interest paid on your loan, then pay the 5k extra when you have it. if your goal is to pay it off early, then just wait and lump sum the 15k amount. The extra payment will help you pay off the loan faster, since it will grow risk-free at 2.99%. And it is be...
by rzk96
Wed Apr 19, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

I find I actually pay things off early rather than just plan to do so when I do it whenever I have the money rather than wait until I have a bigger chunk. Plus you save more on int, plus if you ever wanted to you would be amazed how easy it is to refi a car and pull funds out! :D I am a little conf...
by rzk96
Tue Apr 18, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

Re: To put 5k into my car loan or just keep it...

Sigh. My company doesn't match :(
by rzk96
Tue Apr 18, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2307

To put 5k into my car loan or just keep it...

Hello all: My background for 2017- - 20k in my E-Fund {in Ally bank} - 7k in my car bank account - this is extra money I had AFTER I filled my 20k E - Fund + 5k from my tax refund - Taxable account: $1,200 with TSM (I am not a serious investor yet. I just contribute 200 bucks per month) - Already ma...
by rzk96
Sun Apr 16, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)
Replies: 9
Views: 687

Re: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)

Oh ha! Sorry. I typed this post super late last night. I'm a total noob at this forum.

And thanks for the welcome :D
by rzk96
Sun Apr 16, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)
Replies: 9
Views: 687

Re: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)

Ah, ok. Thanks everyone! I appreciate help. I'll switch out my Bond, REIT etc. I just wasn't sure. Since I'm new to investing I'm probably going to make some errors.

1,200 wasn't a typo. I VERY slowly put money in my account, haha. I plan on contributing more aggressively the next few years.
by rzk96
Sun Apr 16, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)
Replies: 9
Views: 687

Re: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)

Ah, ok. Thanks everyone! I appreciate help. I'll switch out my Bond, REIT etc. I just wasn't sure. Since I'm new to investing I'm probably going to make some errors.

1,200 wasn't a typo. I VERY slowly put money in my account, haha. I plan on contributing more aggressively the next few years.
by rzk96
Sat Apr 15, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Which funds should be in my taxable account? (401k and Roth IRA are in target funds)
Replies: 9
Views: 687

Which funds should be in my taxable account? (401k and Roth IRA are in target funds)

Hey All - new to Bogleheads! As stated in title, my Roth IRA and my 401k are in the Target Fund for Vanguard. I've already maxed out my Roth IRA for 2017. My 401k WILL be maxed by end of June 2017. My Vanguard taxable account is a kind of a "just for fun" kind of thing for now {again, I'm ...

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