Search found 29 matches

by jarhead1
Tue Jan 07, 2020 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: If you live in NJ: veterans $3000 tax exemption
Replies: 2
Views: 558

Re: If you live in NJ: veterans $3000 tax exemption

the exemption has been increased to $6000.

Anyone living in New Jersey and is honorably discharged from the military please take note of the below link.

http://www.state.nj.us/treasury/taxatio ... tion.shtml
by jarhead1
Tue Jul 16, 2019 9:03 pm
Forum: Personal Investments
Topic: retirement portfolio income
Replies: 10
Views: 1931

Re: retirement portfolio income

So how would you handle the withdrawals if you had 5 or 6 funds? A percentage of each to give you the monthly income you need?
by jarhead1
Tue Jul 16, 2019 7:47 pm
Forum: Personal Investments
Topic: retirement portfolio income
Replies: 10
Views: 1931

retirement portfolio income

a sheltered (401k, ira...) portfolio kicks out dividends, short term cap gains and long term cap gains. We will need some but not all of this to augment our income. My idea is to take the dividends, and have the ST and LT cap gains reinvested, then sell shares to make up the difference re-balancing ...
by jarhead1
Mon Apr 22, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: travel budget in retirement
Replies: 47
Views: 3826

travel budget in retirement

How much in percentage of annual income do you budget for travel as a retiree?
Thanks in advance.
cjh
by jarhead1
Sun Dec 30, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Sound bar as only music speaker?
Replies: 38
Views: 2796

Re: Sound bar as only music speaker?

I have a sonos sound bar and I love it.
by jarhead1
Mon Nov 19, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 6424

Re: The psychology of withdrawing from your portfolio

Retired. No pension. No annuities. Therefore: 3-5 yrs expenses in cash/bank/high yield accounts/short term CD's. 5-7 yrs expenses in CD ladder, Treasuries, etc. 5-7 yrs expenses in Bond Funds. Rest in equities, etc. Stick to a reasonable and conservative withdrawal rate. Works so far. what I can't ...
by jarhead1
Sun Nov 11, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: real estate transaction without a realtor in NJ
Replies: 2
Views: 202

real estate transaction without a realtor in NJ

any one offer some advice on doing a real estate transaction without a realtor? It's not a complicated transaction in that it will be a two bedroom condo transaction between two agreeable people. Property is at a New Jersey beach community. My thinking is get a real estate attorney and a title compa...
by jarhead1
Sun May 06, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: multiplier for budget number to gross income amount
Replies: 8
Views: 1304

multiplier for budget number to gross income amount

I am trying to figure what a basic multiplier should be for net income needed if you annual budget is 65k. I am doing some retirement planning. Husband and wife filing jointly and living in NJ.
Thanks,
JH
by jarhead1
Fri Apr 06, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Guggenheim's Scott Minerd's dire forecast for financial markets
Replies: 17
Views: 2551

Guggenheim's Scott Minerd's dire forecast for financial markets

Hey all! Did anyone see the Scott Minerds interview today. I know I am supposed to ignore the noise but, this scared me considering I am looking at retiring in 2020/1 and dw in 2019. Is there anyway to make lemonade from this horrible forecast? Just finished portfolio review, made some changes, now ...
by jarhead1
Thu Mar 29, 2018 5:21 am
Forum: Personal Investments
Topic: Total return vs dividends
Replies: 54
Views: 9736

Re: Total return vs dividends

what's a home made dividend?
by jarhead1
Sat Mar 24, 2018 9:16 am
Forum: Personal Consumer Issues
Topic: Job passion/fulfillment?
Replies: 18
Views: 2356

Re: Job passion/fulfillment?

been where you are at. I found the following invaluable, highly credible and I still refer to it yearly. years ago I contacted them thinking since 6 years had passed after originally taking the assessment something would have changed. they told me not to bother the output will not change. they could...
by jarhead1
Sat Feb 03, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 9256

Re: Relearning Calculus

I teach calculus and if you are learning on your own I recommend a Ron Larson textbook, plenty on amazon used for a song. there is accompanying website with videos and solutions to odd problems. Note that most folks who struggle with calculus are weak in algebra skills and trigonometry.
by jarhead1
Fri Dec 22, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: If you live in NJ: veterans $3000 tax exemption
Replies: 2
Views: 558

If you live in NJ: veterans $3000 tax exemption

Anyone living in New Jersey and is honorably discharged from the military please take note of the below link.

http://www.state.nj.us/treasury/taxatio ... tion.shtml
by jarhead1
Thu Jul 13, 2017 10:04 am
Forum: Personal Investments
Topic: bond index
Replies: 7
Views: 688

Re: bond index

thanks for your replies. very helpful. no it's not all my bonds but I am poking around to increase returns within DW 401k. right now it is in a fixed return account earning 3.5%. I have her set at 60/40 AA. The 60 of her AA is in a total stock market fund and is about 22% of our combined total portf...
by jarhead1
Thu Jul 13, 2017 9:26 am
Forum: Personal Investments
Topic: bond index
Replies: 7
Views: 688

Re: bond index

but shouldn't what they are using for a bench mark have a ticker? I know the internal fund won't have a ticker.
by jarhead1
Thu Jul 13, 2017 9:15 am
Forum: Personal Investments
Topic: bond index
Replies: 7
Views: 688

Re: bond index

it is a non-public fund in my wife's 401k plan. The funds full name is the "Prudential High Yield Fund of the Prudential Trust Company Collective Trust". They have the mandated benchmark as previously stated "Bloomberg Barclays US High Yield Ba/B 1% Issuer Cap Index" .
thanks for your reply.
by jarhead1
Thu Jul 13, 2017 8:14 am
Forum: Personal Investments
Topic: bond index
Replies: 7
Views: 688

bond index

I am looking at a bond fund which has a mandated benchmark which is the "Bloomberg Barclays US High Yield Ba/B 1% Issuer Cap Index" as stated on the fund fact sheet. Can anyone help me find this index or ticker for it. I have looked and have found similar names of the quoted but cannot match identic...
by jarhead1
Wed Feb 08, 2017 10:23 pm
Forum: Personal Investments
Topic: rollover ira Vs sep ira
Replies: 0
Views: 748

rollover ira Vs sep ira

Can sep ira funds be sold and put into rollover ira funds without any issues? I have both at vanguard and wonder if i need to keep them classified separately.
thanks cool boglehead people!
by jarhead1
Sun Dec 18, 2016 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Payoff Priorities - Insight Please
Replies: 39
Views: 7338

Re: Debt Payoff Priorities - Insight Please

below website is some of the best advice I ever received. it gives you a step by step plan to follow with the seven baby steps. focus on debt elimination before you keep dumping money in the market, but at the least keep the employer match going. https://www.daveramsey.com/baby-steps get the student...
by jarhead1
Thu Dec 08, 2016 8:49 am
Forum: Personal Investments
Topic: Unload Healthcare Fund?
Replies: 36
Views: 3932

Re: Unload Healthcare Fund?

fund has been great but not this year. will hold until dividend payout and address in January. Will likely eliminate or reduce position significantly.
by jarhead1
Sat Dec 03, 2016 11:12 am
Forum: Personal Investments
Topic: vnjux muni bond fund what to do
Replies: 3
Views: 864

Re: vnjux muni bond fund what to do

thanks for the reply. I was wrong about tax bracket, I am in 25% bracket. thanks for the link and encouragement. will ride it out for now and I am considering shifting some (20K) of the 70K to stock or a balanced fund to be determined.
by jarhead1
Tue Nov 29, 2016 7:38 pm
Forum: Personal Investments
Topic: vnjux muni bond fund what to do
Replies: 3
Views: 864

vnjux muni bond fund what to do

firstly I love this site and all the well intended intelligent advice. I try to read and learn as much as I can. need some advice on what to do with 70k in vnjux muni bond fund. not sure to stick or move. it is non retirement money and not needed for budget fulfillment. both of us employed, 56 years...
by jarhead1
Mon Aug 15, 2016 10:41 am
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8732

Re: buying used car smarter than buying new?

I was a new car buyer because I know the junk (1970's) my father traded in, but times have changed in regards to quality and availability. I just bought two beautiful used cars last year. 2013 Subaru outback and 2014 Nissan maxima, paid cash. please note they are certified pre-owned by the manufactu...
by jarhead1
Sat Aug 13, 2016 10:29 am
Forum: Personal Investments
Topic: new chapter of life started - want to save and grow money
Replies: 84
Views: 10827

Re: new chapter of life started - want to save and grow money

" combined monthly expenses - $5000 monthly (foods, shopping, credit cards, insurances, cars, furniture financing, etc, etc). " I would start out approaching it in a logical step by step method: 1.Stop Spending Money on Stuff. 2.Allocate that money to paying off your debt. You will start to see the...
by jarhead1
Sat Aug 13, 2016 10:22 am
Forum: Personal Finance (Not Investing)
Topic: How many credit cards are too many?
Replies: 57
Views: 6998

Re: How many credit cards are too many?

who cares about credit rating? as long as you pay your bills on time then I am sure it is good. have a debit card linked to your bank account, and another card you get air miles which you pay off in full every month. Cash is king and no debt is freedom and peace!
by jarhead1
Sat Aug 13, 2016 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Payoff Debt at Sacrifice of Leisure?
Replies: 77
Views: 8352

Re: Payoff Debt at Sacrifice of Leisure?

So, $68k in emergency fund and $44k in debt? I'd pay it all off today unless there is some pending event that will force me to need the EF (likely layoff, baby, etc). That still leaves $24k of EF, and you can start building it back up right away. Then, I would stop thinking in terms of "mine" and "...
by jarhead1
Sat Aug 13, 2016 9:23 am
Forum: Personal Investments
Topic: Where to park (future) down payment $100k?
Replies: 6
Views: 1176

Re: Where to park (future) down payment $100k?

look at a tax free bond fund like VNJUX, but look for something for the state you live in. the latter ticker is for New Jersey. It is state and fed tax free and has a 3.5% yield. I have money "parked" in there also.
by jarhead1
Sat Aug 13, 2016 9:18 am
Forum: Personal Consumer Issues
Topic: Vacuum Cleaners?
Replies: 25
Views: 2143

Re: Vacuum Cleaners?

shark!
by jarhead1
Sat Aug 13, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Paying off student loans quickly versus investing
Replies: 23
Views: 2805

Re: Paying off student loans quickly versus investing

stop funding retirement and pay off ALL your debt ASAP. Just suck it up and get it done. with the amount of money you are making you will be debt free in a short period of time relative to the rest of your life to save for retirement. I assume you are 25 to 35 yrs old. Debt is an anchor around your ...