Search found 17 matches

by TheTurtle
Thu Jun 28, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Loan to Max Out 401(k)
Replies: 28
Views: 1764

Re: Loan to Max Out 401(k)

Probably the biggest thing you are not accounting for is risk. You take out a loan today, get hit by a bus tomorrow. You can’t work, you spend a lot of your emergency fund on uncovered medical bills and your disability insurance lapsed. You can’t pay the loan payments as you need to eat. Absolutely...
by TheTurtle
Thu Jun 28, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Loan to Max Out 401(k)
Replies: 28
Views: 1764

Re: Loan to Max Out 401(k)

I don't have an answer; but I'd like to know as well. I'm in a similar situation I guess, but this had never occurred to me. I've never looked into rates for personal loans, so I guess the whole thing hinges on whether or not you can get that 7% rate or so. Would this just be at your bank? I'm guess...
by TheTurtle
Wed May 23, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken - Do you use it?
Replies: 50
Views: 3050

Re: Quicken - Do you use it?

:D I have been using Quicken since the early 2000s, when I was in undergrad in a different country. Over the years I have upgraded every three years or so. I still use it, and I have the subscription model. I'm not as bothered about subscription services as many people seem to be, as long as the sof...
by TheTurtle
Sun Apr 22, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 40
Views: 3482

Re: Interesting vs higher paying job

OP here, Thanks everyone. I think I got a lot of earnest answers from many different perspectives. Did it give me THE ANSWER? No, but I think (as many of you have correctly pointed out) that this is something I need to figure out on my own. I do have a little time to decide so this conversation is e...
by TheTurtle
Fri Apr 20, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 40
Views: 3482

Interesting vs higher paying job

Hello all, This might be a question without a precise answer, but I wanted to get different perspectives. Really, I want to hear if anyone here has been in a similar position, and what actions they took. I am a postdoctoral researcher in a STEM field , getting to the end of my project. I have two op...
by TheTurtle
Mon Apr 16, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 3268

Re: Help with CD ladder strategy for emergency fund

Hi Calico, I've done something similar, starting two years ago. I bought into a CD ladder (direct not brokered), going from 1year to 5years in January. Then I repeated in April, July and October. This gave me a ladder with many rungs, one rung maturing every quarter. I put every maturing rung into a...
by TheTurtle
Fri Nov 03, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Question about multi-tiered emergency fund
Replies: 6
Views: 989

Re: Question about multi-tiered emergency fund

Welcome to the forum. Since the point of the emergency fund is to have money easily AND readily accessible, I would lean towards building up the cash reserves first, then moving on to the other components. You don't want to be in a position where you need cash ASAP on a weekend and you need to break...
by TheTurtle
Thu Nov 02, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Need help on the first 5500 in Vanguard Roth IRA Account
Replies: 8
Views: 2460

Re: Need help on the first 5500 in Vanguard Roth IRA Account

+1 for target retirement and life strategy options. You can also consider a combination of 3 or 4 Vanguard ETFs that can essentially mirror the above funds. No minimum amount for ETFs, and the price of each share is closer to $100, not in the thousands. I am referring to the standard boglehead 3fun...
by TheTurtle
Thu Nov 02, 2017 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Need help on the first 5500 in Vanguard Roth IRA Account
Replies: 8
Views: 2460

Re: Need help on the first 5500 in Vanguard Roth IRA Account

+1 for target retirement and life strategy options. You can also consider a combination of 3 or 4 Vanguard ETFs that can essentially mirror the above funds. No minimum amount for ETFs, and the price of each share is closer to $100, not in the thousands. I do this in my Roth, DW uses Life strategy. I...
by TheTurtle
Mon Oct 30, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Barclays Dream Acc. no longer available
Replies: 1
Views: 547

Barclays Dream Acc. no longer available

The Barclays Dream Account is no longer being offered. The main page has no notice, and existing users were not informed. The FAQ page has a terse message saying "As of 10/17/2017, the Dream account is no longer being offered. For any Dream account(s) opened before this date, your account terms and ...
by TheTurtle
Thu Oct 26, 2017 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Contribute to spouse's Roth?
Replies: 22
Views: 2298

Re: Contribute to spouse's Roth?

Yeah, I think you guys should start considering "our" debt and "our" roths, all other involved parties will see it that way in death/divorce. Become one. :sharebeer OP here. On general principle I agree with you, and this is but one small step towards that status. But just out of curiosity, does it...
by TheTurtle
Thu Oct 26, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Contribute to spouse's Roth?
Replies: 22
Views: 2298

Re: Contribute to spouse's Roth?

Thanks, yes everything will be done with full consent and openness. We have talked about this for a while, so we've both had time to think it through I would get your wife's ok on this before opening a Roth in HER name (she has to sign) or funding it. Who knows, maybe she is already contributing to ...
by TheTurtle
Wed Oct 25, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Contribute to spouse's Roth?
Replies: 22
Views: 2298

Re: Contribute to spouse's Roth?

Thanks for the quick replies everyone! Given the positive responses here, I plan to set up her Roth at VG soon so I can put in 2017 contributions, and fund/manage it myself for now, till DW gets bit by the Boglehead bug (I found this forum only a year or so ago) @Silk McCue, we are generally open ab...
by TheTurtle
Wed Oct 25, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Contribute to spouse's Roth?
Replies: 22
Views: 2298

Contribute to spouse's Roth?

Hello, We're early thirties, DINK, just started professional careers recently. I am in a position where I have no debt and a small positive NW. I contributed to my 403b this year up to the match and slightly beyond, and also easily maxed out my Roth. I save more than this per month and put the resid...
by TheTurtle
Mon Oct 02, 2017 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Weird, meaningless, but fun net worth threshold!
Replies: 13
Views: 3037

Re: Weird, meaningless, but fun net worth threshold!

Congratulations! Definitely know that feeling of crossing a theoretical threshold... Time to break out the theoretical bubbly! :sharebeer
by TheTurtle
Sat Sep 09, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: NW ~$0. Advice for next steps please!
Replies: 10
Views: 2003

Re: NW ~$0. Advice for next steps please!

I wouldn't be too hard on yourself; you invested in your education which will have a very good return. But if you are dead, that money went to waste. Do you have term life insurance? OP here. That's a good point, and I will look into it very shortly. Thanks! I know term life is the better option, b...
by TheTurtle
Thu Sep 07, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: NW ~$0. Advice for next steps please!
Replies: 10
Views: 2003

NW ~$0. Advice for next steps please!

Hello all, I only recently registered, but I have been a reader here for about a year . Coincidentally, I also finished the Bogleheads Guide to Investing last year, and moved my money to high yield savings, 403b and Roth in the course of the year :D As of my last paycheck, my NW is now approximately...