Search found 19 matches

by typicalmillenial
Wed Oct 02, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for 24 y/o
Replies: 9
Views: 944

Re: Career advice for 24 y/o

What backgrounds do people with those jobs in your company have? I second this ^^ LinkedIn stalk the people you reach out to/are your main contacts at companies you have an account (sales relationship) with. Also, since you're in sales, there is a certain amount of face-to-face getting to know each...
by typicalmillenial
Wed Oct 02, 2019 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for 24 y/o
Replies: 9
Views: 944

Re: Career advice for 24 y/o

Not sure if this is the appropriate place for this topic, but I will go ahead and post. I am in IT sales at one of the largest corporations in the world, and I have been in a sales position since receiving my undergrad in 2017. Sales is great, I think I am growing my skills and IT knowledge, as wel...
by typicalmillenial
Wed Oct 02, 2019 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for 24 y/o
Replies: 9
Views: 944

Re: Career advice for 24 y/o

Not sure if this is the appropriate place for this topic, but I will go ahead and post. I am in IT sales at one of the largest corporations in the world, and I have been in a sales position since receiving my undergrad in 2017. Sales is great, I think I am growing my skills and IT knowledge, as wel...
by typicalmillenial
Wed Oct 02, 2019 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Career advice for 24 y/o
Replies: 9
Views: 944

Career advice for 24 y/o

Not sure if this is the appropriate place for this topic, but I will go ahead and post. I am in IT sales at one of the largest corporations in the world, and I have been in a sales position since receiving my undergrad in 2017. Sales is great, I think I am growing my skills and IT knowledge, as well...
by typicalmillenial
Tue Aug 20, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Which job to take: Advice requested
Replies: 9
Views: 844

Re: Which job to take: Advice requested

OP- is the contract to hire through a staffing agency? I used to work in IT staffing and many time contract to hire roles fell through and employees were not brought on full time. If you decide to go this route, I would ensure that you have the exact time frame of being brought on fulltime written i...
by typicalmillenial
Wed Aug 14, 2019 10:03 am
Forum: Investing - Theory, News & General
Topic: Confused, bummed, and concerned
Replies: 74
Views: 11043

Confused, bummed, and concerned

Hi all and thanks for reading, Since getting my undergrad degree and subsequent first job 2 years ago, I immediately delved into the topic of personal finance to better understand investing/not blowing my paycheck every other week and letting my lifestyle increase. (Doing a good job of this overall,...
by typicalmillenial
Tue Jun 18, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2292

Re: Help with car decision

Nope. Get you NW up! These first few years are about delayed gratification to speed up the compounding process. Figure out how you can sell the accord and buy a similar aged subaru to scratch that itch. Due to not wanting to go into debt too deep early on in life, I actually learned quite a few val...
by typicalmillenial
Tue Jun 18, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2292

Re: Help with car decision

Cash- $6,000 ..... Loan- $16000 with a $7000-$10000 down payment Where is the downpayment coming from? You don't have enough cash for a good emergency fund so you don't want to use that and the Accord could likely only be sold for a few thousand dollars more than the loan balance if that. Could som...
by typicalmillenial
Tue Jun 18, 2019 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2292

Re: Help with car decision

Cash- $6,000 ..... Loan- $16000 with a $7000-$10000 down payment Where is the downpayment coming from? You don't have enough cash for a good emergency fund so you don't want to use that and the Accord could likely only be sold for a few thousand dollars more than the loan balance if that. Could som...
by typicalmillenial
Tue Jun 18, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2292

Re: Help with car decision

mortfree wrote:
Mon Jun 17, 2019 5:11 pm
What about a Crosstrek? Maybe not as different size wise versus Accord.

Does it have to be a Subaru or do you just want a roomier vehicle?
Really the AWD was the feature looking at most
by typicalmillenial
Mon Jun 17, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2292

Re: Help with car decision

Having lived in Boston, I understand where you are coming from. Outbacks are very popular there and make great winter cars. What are the actual values/prices of your Accord and the Outback you want to buy? You should avoid thinking in terms of payment and focus on the overall cost of this upgrade. ...
by typicalmillenial
Mon Jun 17, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Help with car decision
Replies: 31
Views: 2292

Help with car decision

Hello everyone, I will give more context on my financial position below, but here is the situation: I am driving a 2014 Honda accord that I bought in a haste because my hand-me-down car died and I needed a commuter asap. Don't love it, don't hate it. I want to trade in for a Subaru Outback as it wil...
by typicalmillenial
Fri Mar 15, 2019 8:58 am
Forum: Personal Investments
Topic: Traditional vs Roth IRA
Replies: 21
Views: 1911

Re: Traditional vs Roth IRA

My question is, say I have a company sponsored 401K (traditional), and I am maxing this out, would Vanguard be able to access pretax dollars as well for the traditional IRA? Don’t really understand your question. Who is your 401k plan administrator? Is it Vanguard also? If so, yes Vanguard can see ...
by typicalmillenial
Thu Mar 14, 2019 6:16 pm
Forum: Personal Investments
Topic: Traditional vs Roth IRA
Replies: 21
Views: 1911

Re: Traditional vs Roth IRA

Sorry, let me try to clarify. I have an employee sponsored Traditional 401K through Fidelity. Would I be able to have a traditional IRA through Vanguard that would pull pre-tax dollars from my w2 check? The answer is, as anything to do with IRS, is "it's complicated". Firstly: IRAs are outside of e...
by typicalmillenial
Thu Mar 14, 2019 9:32 am
Forum: Personal Investments
Topic: Traditional vs Roth IRA
Replies: 21
Views: 1911

Re: Traditional vs Roth IRA

My question is, say I have a company sponsored 401K (traditional), and I am maxing this out, would Vanguard be able to access pretax dollars as well for the traditional IRA? Don’t really understand your question. Who is your 401k plan administrator? Is it Vanguard also? If so, yes Vanguard can see ...
by typicalmillenial
Wed Mar 13, 2019 12:51 pm
Forum: Personal Investments
Topic: Traditional vs Roth IRA
Replies: 21
Views: 1911

Re: Traditional vs Roth IRA

My question is, say I have a company sponsored 401K (traditional), and I am maxing this out, would Vanguard be able to access pretax dollars as well for the traditional IRA?
by typicalmillenial
Mon Mar 04, 2019 10:50 am
Forum: Personal Investments
Topic: Newbie with traditional vs. roth IRA questions
Replies: 8
Views: 759

Re: Newbie with traditional vs. roth IRA questions

Check out this article: https://www.madfientist.com/traditional-ira-vs-roth-ira/ I have recently been doing a lot of research on this as well. It depends a lot on the other aspects of your financial situation, but my understanding is as follows. I think you are right that your income is too high for...
by typicalmillenial
Mon Mar 04, 2019 10:32 am
Forum: Personal Investments
Topic: Best book [to give to young people about investments]
Replies: 14
Views: 1314

Re: Best book [to give to young people about investments]

The first investment book I ever read was Millionaire Teacher by Andrew Hallam and it introduced the concept of indexing at it's fundamentals. That said, I have just finished JL Collin's The Simple Path to Wealth and this would be the first book I recommend to anyone interested in learning more abou...
by typicalmillenial
Wed Feb 27, 2019 11:50 am
Forum: Personal Investments
Topic: Taxes, Vanguard, & Current Situation
Replies: 3
Views: 380

Taxes, Vanguard, & Current Situation

Editing based on guidelines: Emergency funds: $10000 Debt:$12,682 car note @ 4%. No student loans, mortgage etc. Tax Filing Status: Single State of Residence: MA Age: 24 Current Retirement Assets $20k Cash (including emergency fund) $2436 in Roth 401K My main question is how I should be investing. I...