Search found 37 matches

by pretzelfisch
Mon Jun 03, 2019 8:52 am
Forum: Personal Investments
Topic: 401K High Fees vs Taxable Brokerage Fund
Replies: 19
Views: 795

Re: 401K High Fees vs Taxable Brokerage Fund

By using a taxable account, you are incurring these costs over the Roth: 1. Annual taxes on distributions 2. Long term capital gains taxes when you sell in retirement Historically, #1 will cost you around 0.55% CAGR. The assumption here is you are in the highest federal tax bracket but zero state &...
by pretzelfisch
Wed May 15, 2019 4:44 pm
Forum: Investing - Theory, News & General
Topic: American Funds Propaganda. Help me understand.
Replies: 25
Views: 2683

Re: American Funds Propaganda. Help me understand.

The 403b salesman followed up my, "No thank you" email with another PDF. He was certain this was proof that American Funds beat the index. Notice that in his PDF, the AF performance, over the past 10 years looks amazing. However, if you look at my Morningstar chart, the performance of the AF funds ...
by pretzelfisch
Wed May 15, 2019 1:39 pm
Forum: Investing - Theory, News & General
Topic: Dividends almost Doubled between 2013 and now
Replies: 96
Views: 7342

Re: Dividends almost Doubled between 2013 and now

Maybe if there were strict standards on how buy backs should be used to benefit the stockholders instead of primarily benefitting the high executives , then buybacks might be better. Is there any analysis available on how buybacks have affected the stock price positively? So instead of getting a 3%...
by pretzelfisch
Sun Apr 08, 2018 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Handling ageism in tech
Replies: 56
Views: 5898

Re: Handling ageism in tech

Stay up-to-date on the latest tech and advertise it widely. Make sure to have a public github account. Management is also an option. Doesn’t hurt that it tends to pay a lot better. How are you picking and making meaningful and marketable work in your github account? I have an account but the are ju...
by pretzelfisch
Sun Mar 25, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: How to conduct job search, hi tech industry
Replies: 14
Views: 2004

Re: How to conduct job search, hi tech industry

I was laid off from my software engineering job in mid-January. (You seem to be more hardware based, but hopefully my experience is mostly applicable.) I started another job last week with which I am very happy. It would not have been that fast if I had not gone through a recruiter. As someone else...
by pretzelfisch
Fri Dec 01, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Older Software Engineer Advice ~ Languages?
Replies: 41
Views: 4277

Re: Older Software Engineer Advice ~ Languages?

What I have found is that most places know Python, and that language is simple to do code challenges and whiteboard sessions with. Much less ceremony when compared to Java/C/C++/C#. For the most part if you know C# you can pick up Java after you get a gig.
by pretzelfisch
Sat Jul 22, 2017 2:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 191
Views: 29266

Re: Vanguard 403b Changes

Just returned from vacation and received my letter from Vanguard. So of course I jumped to the forum to see what the gist of the matter was. I only opened my Vanguard account a couple of months ago to see how it stacked up with the 403b I have had for the last several years to see which performed b...
by pretzelfisch
Thu Jul 20, 2017 11:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 191
Views: 29266

Re:

As I said before Vanguard has never been available in the 403b side at my district, the 2nd largest in the country. We have Vanguard on the 457b plan. How does the following look to you about "hidden fees?" Sorry, I was referring to those complaining about the now transparent 5 dollar a month charg...
by pretzelfisch
Thu Jul 20, 2017 11:19 pm
Forum: Personal Consumer Issues
Topic: Scripters/Coders - Wanting to Learn
Replies: 17
Views: 1965

Re: Scripters/Coders - Wanting to Learn

If you pick javascript you learn a language that will help on your windows or linux desktop as well as in a browser. Simple to get help on stackoverflow.com. Lots of online resources like w3schools https://www.w3schools.com/js/default.asp Then you can follow a nice learning path with the following b...
by pretzelfisch
Thu Jul 20, 2017 1:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 403b Changes
Replies: 191
Views: 29266

Re: Vanguard 403b Changes

Some people on the forum are missing the point on all of this. They are comparing Vanguard to other 403b providers that they are forced to deal with by their employers. Those of us who can use Vanguard already have signed 403b contracts with the company. I have used Vanguard for my 403b for a long ...
by pretzelfisch
Wed Jul 19, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 36
Views: 5137

Re: Looking for a house around San Jose, CA

[quote="SeaToTheBay"...there is only a smell maybe 10% of the time. New Jersey did away with the smell decades ago. OP, something is wrong with the housing market out there. Dilapidated houses in thug areas are selling for three times the national average. Nothing is "wrong" with the housing market...
by pretzelfisch
Wed Jul 12, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Evaluating housing and longer commutes
Replies: 20
Views: 1768

Re: Evaluating housing and longer commutes

My son and his wife are renters (apartment) and would like to buy a home (either single family or townhouse). In this very expensive area and with their incomes and lack of savings, they are looking very far out with long commutes. Is there any way to calculate or approximate the financial (direct)...
by pretzelfisch
Mon Jul 03, 2017 4:46 pm
Forum: Personal Investments
Topic: Replacing a high cost Growth & Income fund
Replies: 1
Views: 357

Replacing a high cost Growth & Income fund

I transferred my IRA account to vanguard this year and it's only holding is Calamos Growth & Income Fund Class A (CVTRX) I had planned to replace it with one of the following Vanguard Total Stock Market Index Fund(VTSAX) Vanguard High Dividend(VHDYX) Vanguard Equity Income Fund (VEIPX) I kind of lik...
by pretzelfisch
Wed Jun 28, 2017 2:16 pm
Forum: Personal Investments
Topic: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?
Replies: 132
Views: 17318

Re: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?

Our wiki addresses the very common misconception that withdrawing cash from a portfolio is somehow different depending on the source of the cash: Dividend: Dividend distributions and fund prices It works exactly the same way for directly-held stock. How much would you pay for a share of stock plus ...
by pretzelfisch
Wed Jun 28, 2017 12:54 pm
Forum: Personal Investments
Topic: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?
Replies: 132
Views: 17318

Re: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?

Of course when a dividend is paid, you retain the same amount of ownership of the company that you had before the dividend. So, you still have claim on future cash. This is not true if you choose instead to sell shares I don't think this is correct. If you have 10k in a company and receive a 2% div...
by pretzelfisch
Sat Jun 24, 2017 7:52 pm
Forum: Personal Investments
Topic: Crazy(?) Adviser Advice: "I don't believe in bonds"
Replies: 49
Views: 7084

Re: Crazy(?) Adviser Advice: "I don't believe in bonds"

could it just be bonds in a rising interest rate environment?
by pretzelfisch
Sat Jun 24, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: Bay Area housing
Replies: 69
Views: 8760

Re: Bay Area housing

I hate to say it but it is true - pull the trigger asap. I tried to go boglehead conservative in 2010 and fought my wife hard to not buy a bay area home in the downturn. I was completely wrong. It's been 7 years now and even the 10 or more yrs before that there were no 'reasonable' priced times to ...
by pretzelfisch
Sat Jun 24, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: Bay Area housing
Replies: 69
Views: 8760

Re: Bay Area housing

It's a lateral move, so what's the issue? You'll pay more for re taxes. I would think the California real estate bubble will have to pop sooner or later. Everyone is saying it's different this time....lol. Funny how so many people here seem to be split on whether we are in a bubble or not. To me, t...
by pretzelfisch
Sun Jun 11, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Is Quicken 2017 worth it? Please help
Replies: 24
Views: 4603

Re: Is Quicken 2017 worth it? Please help

does quicken still try to make every credit card payment a monthly minimum payment? Since we pay off or bill every month this feature drove me nuts and away from using it.
by pretzelfisch
Wed Jun 07, 2017 1:35 pm
Forum: Personal Investments
Topic: Discouraged by Starting Late
Replies: 21
Views: 4698

Re: Discouraged by Starting Late

I started much later than you and am doing fine. You'll do fine, too. Spousal IRA. She should qualify for a spousal IRA based on your earned income in sales. See: http://www.google.com/search?q=spousal+ira Can you hire your wife to work for your rental property business, and start an employer retir...
by pretzelfisch
Tue Jun 06, 2017 9:40 am
Forum: Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 13
Views: 1838

Re: Should we continue to pay into a 457 annuity

Why not look into rolling over your National Life Group/LSW (SecurePlus Gold ) to Security Benifit 457 NEA DirectInvest Plan. They offer vanguard admiral index funds with $35 annual charge until your balance hits 50k then the balance should be $0. Thank you very much for pointing this one out. but ...
by pretzelfisch
Tue Jun 06, 2017 12:36 am
Forum: Personal Investments
Topic: help me figure out the bond portion of my AA
Replies: 1
Views: 384

help me figure out the bond portion of my AA

hello I am working on setting up my asset allocation. below is what we currently have our low 6 figures spread across stock 25% index annuity 8% cash 65% My wife is a california teacher who will have a pension that should return 80% of her salary(2% at 60 with 40 years of service) What I am looking ...
by pretzelfisch
Sun Jun 04, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 14442

Re: Teachers: what are your best personal finance tips?

Do these numbers also include the additional years worked between 58 and 62? Remember, also, that the longer you stay in, the more likely that there might be pay increases. If you started out as a sub or worked a partial year, look into whether you can purchase service credit for that time. The las...
by pretzelfisch
Sun Jun 04, 2017 11:02 am
Forum: Investing - Theory, News & General
Topic: "Beware Fake Stock News"
Replies: 15
Views: 2993

Re: "Beware Fake Stock News"

It is true that "buyer beware" is the watchword, and I'll note that most of the posts on these boards are from people who can't look at the filings of those companies in question and see that they are utter speculations, often with no business at all (at least one has never had any revenue!). It's ...
by pretzelfisch
Sun Jun 04, 2017 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 14442

Re: Teachers: what are your best personal finance tips?

The only people that represent the 403b or 457 plans to teachers are sales people for life insurance and annuities. Worse they way our district messages this, it sounds like they are coming on behalf of the district to help the teacher.
Much like how 401k providers prey upon small businesses.
by pretzelfisch
Sat Jun 03, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 14442

Re: Teachers: what are your best personal finance tips?

Do these numbers also include the additional years worked between 58 and 62? Remember, also, that the longer you stay in, the more likely that there might be pay increases. If you started out as a sub or worked a partial year, look into whether you can purchase service credit for that time. The las...
by pretzelfisch
Thu Jun 01, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 14442

Re: Teachers: what are your best personal finance tips?

We're on a trajectory to be able to retire in our late 50s. However, I really love my job and may continue to do it for longer than that. Your CalSTRS pension at 58 will have an age factor of 1.8. At age 61.5 (assuming 30 years), the age factor maxes at 2.4. Huge difference. Yes, it is interesting ...
by pretzelfisch
Wed May 31, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 91
Views: 14442

Re: Teachers: what are your best personal finance tips?

My wife is a Teacher, I would suggest warning a new teacher singing up for their benefits program needs to know any "rep"/"adviser" is a salesperson, they will push you towards an annuity in the tax deferred options and will advise you to use life insurance for college savings. My tip would be to al...
by pretzelfisch
Tue May 30, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: blackout curtains
Replies: 19
Views: 3591

Re: blackout curtains

runner3081 wrote:We have the Eclipse brand. No issues, completely dark.
you need a dark color though. the lighter colors don't block the light as well
by pretzelfisch
Mon May 29, 2017 9:16 pm
Forum: Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 13
Views: 1838

Re: Should we continue to pay into a 457 annuity

Is CalSTRS Pension2 on your district’s 403b list? We saw the article in CTA mag last month that references Pension2( wish it was there in 2003 ). Pension2 is part of the 403b offering. I looked at it and it's better then most other choices but I think vanguard is still better as a 403b custodian? I...
by pretzelfisch
Mon May 29, 2017 7:47 pm
Forum: Personal Investments
Topic: Should we continue to pay into a 457 annuity
Replies: 13
Views: 1838

Should we continue to pay into a 457 annuity

My wife is a CA teacher we have had a 457b index annuity with National Life Group/LSW (SecurePlus Gold ) for the last 14 years we put 200 a month in and now have a total of 33k in it. I am going to start her a 403b since I see vanguard and fidelity is listed as a provider. My question is what to do ...
by pretzelfisch
Fri May 26, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 146
Views: 10814

Re: How dividends become irrelevant?

Otherwise you have two different company behaviors AND two different investor behaviors... Don't forget, both companies are the same as we've found in this thread that dividends are irrelevant. That's just wrong, and it is wrong in a way biased to support dividend hypotheticals. What Modigliani-Mil...
by pretzelfisch
Wed May 24, 2017 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity customer protection guarantee-void if you use Mint?
Replies: 39
Views: 8442

Re: Fidelity customer protection guarantee-void if you use Mint?

Just my personal guess is that it's in the "grey area," of things that are in the fine print--but you don't know whether it's the company's policy to play hardball. But, yes, I absolutely do feel this is a big problem, a deal-breaker problem with Mint etc. It's not so much the risk of Mint, it's th...
by pretzelfisch
Sat May 13, 2017 9:01 pm
Forum: Personal Investments
Topic: 401(k) fund selection advice
Replies: 7
Views: 869

Re: 401(k) fund selection advice

Well, I suppose the person who designed your 401k planned for you to balance a somewhat expensive value fund against a somewhat expensive growth fund to get blend. The best fund in the plan, in my opinion, is the Blackrock Russell 2000 Index. That represents the mid and small cap portions of the ma...
by pretzelfisch
Sat May 13, 2017 6:07 pm
Forum: Personal Investments
Topic: 401(k) fund selection advice
Replies: 7
Views: 869

Re: 401(k) fund selection advice

The only blends I have are
mid cap:
BlackRck MidCap Eqty Idx CL31 (WBME)
small cap
BlackRck Russell 2000Idx CL31 (WBRI)

The large cap offerings are just growth or value
by pretzelfisch
Sat May 13, 2017 6:03 pm
Forum: Personal Investments
Topic: 401(k) fund selection advice
Replies: 7
Views: 869

Re: 401(k) fund selection advice

I see I missed AUL Fixed Account But I double checked the list. I didn't miss anything :annoyed .
by pretzelfisch
Sat May 13, 2017 9:11 am
Forum: Personal Investments
Topic: 401(k) fund selection advice
Replies: 7
Views: 869

401(k) fund selection advice

Emergency funds: six months Debt: mortgage @ 3.6%. Tax Filing Status: Married Filing Jointly one child Tax Rate: 28% Federal, 9.3% State State of Residence: CA Age: 39 Desired Asset allocation: 80% stocks / 10% bonds Desired International allocation: 10% of stocks his 401(k) no match Available funds...