Search found 30 matches

by JBmadera
Mon Feb 04, 2013 10:29 am
Forum: Personal Consumer Issues
Topic: What's your usual retirement day like ?
Replies: 201
Views: 50880

Re: What's your usual retirement day like ?

0800 Get up. Ablutions. Read online paper. 0900 Plan rest of day 0930 Revise plan 1000 Nap 1200 Lunch 100 Wander aimlessly, then waste more time on internet 500 What's for dinner? 600 Eat 730 Jeopardy 800 Do stuff I planned to but never got around to 1100 zzzzzz Repeat as necessary. No time for bei...
by JBmadera
Fri Mar 30, 2012 5:50 am
Forum: Personal Investments
Topic: Exercising employee stock options
Replies: 22
Views: 2421

Re: Exercising employee stock options

I always considered them "free money", I know, probably not the most elegant way to think about stock options but I've seen too many friends lose out by trying to forecast the future (exercise and hold). Basically as soon as I vested a portion I would exercise and sell.....good luck..... :...
by JBmadera
Sun Mar 04, 2012 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Wealth of 1.8 million Americans tops $2M
Replies: 40
Views: 7383

Re: Wealth of 1.8 million Americans tops $2M

Why do you think there are more rich women under 50 than rich men? They outlived their rich older husbands? When you're 25 and marry a successful 50 year old guy, you end up with all his money 25 years later when he reaches his expiration date. Bingo! Also, guess that I'm surprised as well that the...
by JBmadera
Sat Oct 29, 2011 4:47 am
Forum: Investing - Theory, News & General
Topic: High Frequency Trading: Quantitative Software Developer
Replies: 7
Views: 827

Re: High Frequency Trading: Quantitative Software Developer

My son-in-law (phd physics) was offered a job working for a small HFT. He said that while the work sounded interesting the overall comp package wasn't nearly as good as the Intel was offering.
by JBmadera
Tue Aug 09, 2011 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Skills to work on in the corporate world
Replies: 42
Views: 5168

Manbaerpig wrote:powerpoint

self-promotion

delegation
perfect summary.
by JBmadera
Sat May 14, 2011 4:06 am
Forum: Investing - Theory, News & General
Topic: NYTimes: The Dave Ramsey 12% solution
Replies: 86
Views: 14563

I guess I'm still mad at Dave re: the "strip off 8%" garbage...but that's only because I wanted it to be true! When something appears to good to be true, 12% return, it generally is. Took me some time to unwind the Ramsey portfolio and move to a balance asset allocation but I'm very happy ...
by JBmadera
Sat Mar 19, 2011 9:03 am
Forum: Investing - Theory, News & General
Topic: Trading Stocks, options and ETF's through Vanguard?
Replies: 9
Views: 4302

thanks guys for your feedback and input!
by JBmadera
Sat Mar 19, 2011 6:02 am
Forum: Investing - Theory, News & General
Topic: Trading Stocks, options and ETF's through Vanguard?
Replies: 9
Views: 4302

Trading Stocks, options and ETF's through Vanguard?

I just saw that Vanguard has brokerage services for stocks, etf's and options. Equity trades are only $2, which is a fantastic price. I have 5% of my portfolio allocated to active investing/trading and I am currently with Fidelity but I was thinking of moving that piece over to Vanguard (my 401k is ...
by JBmadera
Sat Feb 26, 2011 9:08 am
Forum: Personal Investments
Topic: New Job, Portfolio Help
Replies: 10
Views: 1621

first off, congrats on the new job and good for you getting started early on being proactive with your financial future.

I would start with a lot of reading, tons of great links on this site. Perhaps start with this one: http://www.bogleheads.org/wiki/Lazy_Portfolios

good luck!
by JBmadera
Sat Feb 26, 2011 8:37 am
Forum: Personal Investments
Topic: 529 plan question
Replies: 4
Views: 612

no I did not, so I think I'm good there, thx!
by JBmadera
Sat Feb 26, 2011 7:44 am
Forum: Personal Investments
Topic: 529 plan question
Replies: 4
Views: 612

thank you very much for the quick reply!
by JBmadera
Sat Feb 26, 2011 7:22 am
Forum: Personal Investments
Topic: 529 plan question
Replies: 4
Views: 612

529 plan question

Hi All - will make this short and sweet: as of today we have unrealized losses in the 529 account (don't ask how I managed to do that). If I make a total withdrawal now and not use the funds all this year for DD's college would I owe any type of tax?

thank you,

JB
by JBmadera
Sun Feb 20, 2011 12:28 pm
Forum: Personal Investments
Topic: Hedging in-the-money employee options - an alternative?
Replies: 11
Views: 1407

I've never regretted just exercising and selling once options have vested, on the other hand I know a number of folks who have tried employing various "strategies" and at the end of the day most ended up regretting it. Maybe it's just me but I look at in the money options as "free&quo...
by JBmadera
Sun Feb 20, 2011 12:08 pm
Forum: Personal Investments
Topic: Working Overseas: Ready to jump back in...
Replies: 19
Views: 2843

welcome! It's great that you're exploring all of your options and getting on the path to FI. On the investment newsletter idea, I would suggest that you check out all of the relevant topics available thru the Wiki. Get a solid foundation in the investment/retirement planning basics prior to buying a...
by JBmadera
Sun Feb 20, 2011 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Calculating projected Investment income and ....
Replies: 9
Views: 1537

www.firecalc.com lets you put all that in. You have to know what your dollar amounts are for each item though. You can get your SS benefit numbers from ssa.gov. You should already have a very good handle on your investment income. You should already have a good idea about the income from your job a...
by JBmadera
Sun Feb 20, 2011 7:16 am
Forum: Personal Finance (Not Investing)
Topic: The Reason for Financial Problems
Replies: 117
Views: 15377

was thinking about this topic just this morning (up way too early), chatting with various neighbors yesterday was eye openning - each have some serious issues for being my age ( early 50's), cannot afford to fix a broken primary vehicle, cannot afford to fix central air/heating unit, trouble with an...
by JBmadera
Thu Feb 10, 2011 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Adding Error
Replies: 14
Views: 2364

well, turbo tax online is correctly calculating my federal refund but shows that the amount owed to state is greater than my AGI???? what the heck? anyone having trouble with the online version?

thanks
by JBmadera
Wed Feb 09, 2011 3:11 pm
Forum: Personal Investments
Topic: nervous about investing by myself
Replies: 19
Views: 2804

I would be more scared of letting an advisor handle it. Yikes. You can just see them drooling. You could put it in a money market for now and then read some books . I would suggest you read John Bogles books and post some additional information here. You'll get good advice. Or, I would go see a fee...
by JBmadera
Sun Feb 06, 2011 6:56 am
Forum: Personal Finance (Not Investing)
Topic: Retire or plod on?
Replies: 62
Views: 13280

My Dad retired early, sounds like very similar to the OP's financial situation, but for some reason he could just never really settle in. He tried various part time gigs and a couple of hobbies to fill the time but eventually he just moved into full time complaining mode. Perhaps he was always prett...
by JBmadera
Thu Feb 03, 2011 7:01 am
Forum: Personal Investments
Topic: First Post! - Portfolio assesment requested
Replies: 12
Views: 2306

Congrats on a great start to financial independence! Scan the site, plus read and re-read Bogleheads' guide to retirement planning (and Otar's works), you'll find all the answers you need, and more.

best of luck!
by JBmadera
Thu Feb 03, 2011 6:47 am
Forum: Personal Investments
Topic: Wohoo! I made Voyager
Replies: 31
Views: 5037

I was just going to ask "what's the real value" of the different levels? I have a 401k at Vanguard and if I move everything I guess I would be Flagship, but unless there is some true benefits (other than I'm not helping myself by having accounts all over the place: Fidelity, Infinity Futur...
by JBmadera
Sun Dec 26, 2010 6:42 pm
Forum: Personal Investments
Topic: Emergency funds
Replies: 23
Views: 4842

I have 12 months, have 3 in a low (very, very low) interest barring checking account and then I use a CD ladder for the balance. Doesn't pay anything really but fast access and safety are my key criteria.
by JBmadera
Sun Dec 26, 2010 11:41 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

Two related points: 1. What are your medical expense management plans? I find it is the only large expense that I cannot control. 2. I see you are in Madera. When my wife and I were at the mandatory California state workers retirement planning talk, something like half of the people in the room wer...
by JBmadera
Sun Dec 26, 2010 7:05 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

You never mentioned the most important thing, which is your required withdrawal rate (WR). You need to figure out an annual budget. Then estimate annual income from all other sources like pensions, social security and part-time job. Then see how much of a shortfall there is and how much you need to...
by JBmadera
Sun Dec 26, 2010 7:02 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

Well, my suggestion is going to sound heartless, but you need to consider it. You indicate you have a high school senior about to go to college and that the college fund is fully funded (I assume by you). Ordinarily people here would say you need to fund your retirement first and let the children w...
by JBmadera
Sun Dec 26, 2010 7:01 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

[quote="jej"]Two related points: 1. What are your medical expense management plans? I find it is the only large expense that I cannot control. 2. I see you are in Madera. When my wife and I were at the mandatory California state workers retirement planning talk, something like half of the ...
by JBmadera
Sat Dec 25, 2010 10:42 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

For withdrawal & spending, you withdraw from taxable accounts in the most tax-efficient way (funds with losses, then funds with highest basis). These will be equities, so you will probably need to exchange from bonds to equities in your tax-advantaged accounts to maintain your equities:bonds as...
by JBmadera
Sat Dec 25, 2010 9:09 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

thanks very much guys for the suggestions!

Taylor - thanks for the posting guide, I will add some of the details suggested.

jb
by JBmadera
Sat Dec 25, 2010 7:31 am
Forum: Personal Investments
Topic: Asset Allocation for "forced" retirement
Replies: 22
Views: 3455

Asset Allocation for "forced" retirement

Hi All, Layoff hammer is headed my way, again, and at 50+ doubtful I will find another job in Hi-Tech. Additionally I live in a fairly remote location where local unemployment routinely tops 20%. My wife doesn't work, full time volunteer with a Christian outreach program for women parolees, due to h...
by JBmadera
Sat Dec 25, 2010 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Exercising Stock Options
Replies: 4
Views: 1136

my 2 cents, I always viewed options as "free money" and as such I would exercise and sell with each vesting, never really trying to time things; heard too many horror stories of folks waiting for whatever reason and then some catastrophic event comes along and the share price drops like a ...