Search found 24 matches

by cuendillar
Mon Jan 06, 2020 1:12 pm
Forum: Investing - Theory, News & General
Topic: Does pulling money out because of fear make the market go down?
Replies: 79
Views: 5598

Re: Does pulling money out because of fear make the market go down?

I feel like there are two basic parts to the OP's question, one explicit and one implicit- 1) yes, people selling, particularly en masse, can drive down prices. 2) this question sounds as though it is rooted in your own concern for your nest egg. Ultimately only you can determine what is right for y...
by cuendillar
Thu Jan 02, 2020 4:51 pm
Forum: Personal Investments
Topic: 401K Transfer
Replies: 4
Views: 221

Re: 401K Transfer

Can usually only move to the providers offered by your employer (so unlikely you can move to Vanguard). You can also usually leave your current 401k where it is if you like your current plan (although your contributions going forward would be with the new provider). Sometimes the fee structure or pl...
by cuendillar
Thu Oct 24, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Refinance worth it?
Replies: 11
Views: 691

Re: Refinance worth it?

VA benefit is usually able to be used again once the loan is paid off (full benefit) or charged off (pro-rated benefit) if that's what was meant by losing VA benefit.
by cuendillar
Mon Oct 14, 2019 7:39 am
Forum: Personal Consumer Issues
Topic: What workout equipment to get?
Replies: 63
Views: 5136

Re: What workout equipment to get?

I've been using weights and doing cardio for years. I use free weights (squat rack, bench, deadlift, etc.) and some cardio (elliptical and treadmill; also try to actively hike, walk, and bike as opportunity allows). Personally if I had to recommend something for someone who wants the ability to work...
by cuendillar
Thu Sep 26, 2019 7:46 am
Forum: Personal Investments
Topic: Opening 457b - Am I doing this right???
Replies: 3
Views: 391

Re: Opening 457b - Am I doing this right???

Is your wife getting any potential 401k match? Normally 457s don't get a match, so I usually recommend putting enough into any matching plan first then working on other available options, if they are beneficial (e.g. lower expenses or what-not).
by cuendillar
Wed Aug 07, 2019 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Reaction of mangers who found out their direct reports were applying for external jobs?
Replies: 8
Views: 1090

Re: Reaction of mangers who found out their direct reports were applying for external jobs?

My experience was if an employee wanted to go, there was very little I could realistically do to prevent it. Usually was a "grass is greener" thing. However, I did often ask directly what might have contributed to their decision to depart, especially if the employee was a good one. I rarely cared mu...
by cuendillar
Mon Jul 01, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: Frontier or Spirit Airlines
Replies: 63
Views: 8494

Re: Frontier or Spirit Airlines

I have flown both and recently took a 4 1/2 round-trip flight on Spirit. I only fly Spirit or Frontier when there aren't better choices, either because of cost or weird flight times. Both are cramped and tend to have service on the lower-end (e.g. no free nuts here). Plus a new "feature" on Spirit i...
by cuendillar
Mon Jul 01, 2019 9:01 am
Forum: Personal Investments
Topic: Pre-Paying Mortgate Home Value Question
Replies: 7
Views: 602

Re: Pre-Paying Mortgate Home Value Question

I'm a fan of overpaying my mortgage. That said, there are some questions you have to ask yourself: Do I have enough in savings to cover emergencies (e.g. 6 months worth or so)? Could I pay down other, higher-interest debt? Could I use that money to make more money somewhere else? For example, a 3.3%...
by cuendillar
Sat Jun 22, 2019 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 96
Views: 6055

Re: How much is your guys’ fees for your 401k?

My plan currently charges an annual fee of .23%, of total funds as well as any additional transaction fees, ERs, etc. I mentioned this in another thread, but this fee structure was not disclosed when I specifically asked both my work and the provider (because the official policy documents weren’t up...
by cuendillar
Wed Jun 19, 2019 5:44 pm
Forum: Personal Investments
Topic: pension, 403b, 457 questions
Replies: 14
Views: 1026

Re: pension, 403b, 457 questions

One thing that might be worth looking at are the fees associated with each account. For example, Florida university’s generally have an annual fee (based on dollar amount in the account) in addition to the ER of whatever fund you chose. In my case, the university made the contract but did not notify...
by cuendillar
Wed Jun 19, 2019 3:34 pm
Forum: Investing - Theory, News & General
Topic: Good times: 2008 vs Now
Replies: 145
Views: 15995

Re: Good times: 2008 vs Now

Since living through not one, not two, but three crappy financial periods (70's, 80's, 2008-09), I always have the feeling that another "crash is a' comin". I realize this is based on my prior experiences and worries, coupled with periods of up and down, and is completely unpredictable in any real s...
by cuendillar
Fri Jun 14, 2019 8:55 am
Forum: Personal Consumer Issues
Topic: Del webb in Florida
Replies: 20
Views: 2786

Re: Del webb in Florida

I live and visit around Florida regularly. Tampa (some nice areas; close to plenty of activities; annual seasonal hurricanes and regular storms) vs Sarasota (same as Tampa; it's a little further north) vs Naples (same as Tampa; it's a little further south) vs Palm Beach vs Port St. Lucie (Both on th...
by cuendillar
Wed Jun 12, 2019 8:17 pm
Forum: Personal Investments
Topic: Am I being realistic?
Replies: 9
Views: 1891

Re: Am I being realistic?

Really you haven’t provided enough information; how much income do you expect in retirement? Any overhead (debt)? Do you get any additional support (e.g. social security)? How much do you plan to spend on average per year in retirement? I think once you answer these questions, you will be a lot clos...
by cuendillar
Wed Jun 12, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 22593

Re: "Help Is Almost Here for Retirement Savers"

I could see a situation where an annuity might be more prudent. For example, as people age they become more susceptible to fraud and misleading claims. This in turn leads to theft of assets, often taken from 401ks/403b/IRAs, etc. By using an annuity, a principal or caregiver could decrease the risk ...
by cuendillar
Tue Jun 11, 2019 11:46 am
Forum: Investing - Theory, News & General
Topic: Vanguard Report - How America Saves 2019
Replies: 7
Views: 1298

Re: Vanguard Report - How America Saves 2019

I used to be responsible for many employees. I considered it my duty to review basic (to me) things with them, like insurance, FMLA, and retirement options. At the very least, I would recommend the company match (then 3%), and would demonstrate how it is basically giving a 3% pay increase, helping s...
by cuendillar
Thu Jun 06, 2019 2:29 pm
Forum: Personal Investments
Topic: Can I Keep Investing in Vanguard Wellington Even After Rolling Over to Fidelity
Replies: 12
Views: 1132

Re: Can I Keep Investing in Vanguard Wellington Even After Rolling Over to Fidelity

Typically 401k plans are tied to the employer- if you leave an employer you can leave money in a the plan, but you cannot continue to contribute (the contributions come directly from the pay check, which you are no longer getting). An option if you want to stay with a given provider is to see if the...
by cuendillar
Tue Jun 04, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: PolicyGenius
Replies: 7
Views: 886

Re: PolicyGenius

I recently had a similar experience. For some reason, my annual home insurance went up about $600 per year even though there were no claims. I called and was told it was a general rate increase so there was no chance of reduction. I called around and got a good customer service response and a quote ...
by cuendillar
Mon May 27, 2019 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Troubling Delay in Retirement Processing
Replies: 8
Views: 953

Re: Troubling Delay in Retirement Processing

A thought would be next time you get in touch with a live person to ask them to walk you through the retirement process, step by step. Having dealt with several similar situations, sometimes knowing what goes on behind the scenes can be helpful to determine where hang-ups occur, reasonable timeframe...
by cuendillar
Wed May 22, 2019 11:45 am
Forum: Personal Investments
Topic: HELP!!! 401k/403b questions....
Replies: 12
Views: 830

Re: HELP!!! 401k/403b questions....

Many university retirement plans have multiple retirement options (e.g. pension, 403b, deferred comp/457, ROTH and traditional IRAs, etc.). I would ask specifically for what options are available, and ensure you are speaking to someone with the correct knowledge. For example, calling the HR where I ...
by cuendillar
Fri May 17, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Treasury Direct ?
Replies: 34
Views: 2272

Re: Anyone use Treasury Direct ?

I use TreasuryDirect but I am not a fan of the process to assign and/or determine beneficiaries. For my other retirement accounts I could just chose the beneficiary and add their info. TreasuryDirect instructions include get notarized docs, sending stuff off, etc. Sure I get why, but that's a hassle...
by cuendillar
Thu May 16, 2019 9:29 am
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 11726

Re: Does your retirement plan work if stocks are flat or in decline for decades?

ONE MORE YEAR ONE MORE YEAR {everyone now} ONE MORE YEAR!!! If you never quite working, you never have to worry about retirement. Problem solved. This really isn't a factor on if I work any longer or not. I am just trying to understand the comment frequently made on this forum when someone makes th...
by cuendillar
Wed May 08, 2019 3:40 pm
Forum: Personal Investments
Topic: Am I paying too much for my ORP?
Replies: 10
Views: 979

Re: Am I paying too much for my ORP?

Each employer has to develop a contract for their employee's 401k/403b plan(s). Some employers pay less so the employee pays more, some employers pay more so the employee pays less. My current employer pays less, so I have to pay more. Is the .05% the total fee you pay, or do you also have to pay th...
by cuendillar
Fri May 03, 2019 7:31 am
Forum: Investing - Theory, News & General
Topic: Wouldn't this make Traditional IRA far superior to Roth?
Replies: 82
Views: 8715

Re: Wouldn't this make Traditional IRA far superior to Roth?

Your reasoning is pretty much the general advice on Traditional vs. Roth IRAs. There are some other factors that can influence the decision. For example, what if the tax rate when you retire is significantly higher for your income bracket? Or what if your current income level is high enough that you...
by cuendillar
Tue Mar 19, 2019 2:59 pm
Forum: Personal Consumer Issues
Topic: Recommendations on treadmill purchase
Replies: 16
Views: 1345

Re: Recommendations on treadmill purchase

I have had a ProForm Pro 2000 for a few years now. I have put several hundred miles on it and it still feels sturdy. I am tall (6'4") and weigh around 215. So this is impressive. Because of my stride length, I got a longer version. Some of the things I wanted after having previous treadmills are USB...