Search found 268 matches

by jasonlitka
Thu Nov 21, 2013 11:59 am
Forum: Investing - Help with Personal Investments
Topic: what is the formula?
Replies: 12
Views: 1185

Re: what is the formula?

http://www.bankrate.com/calculators/sav ... -tool.aspx

Type in the numbers you mentioned, stick the "Years of Withdrawals" at a high number since you want to run to zero, click View Report once done.
by jasonlitka
Fri Nov 08, 2013 1:38 pm
Forum: Personal Consumer Issues
Topic: Have you ever used your credit card's warranty extension?
Replies: 27
Views: 5428

Re: Have you ever used your credit card's warranty extension

Yes, my AMEX Blue Cash covered the repair of my (slow) leaking washing machine. Total bill of around $280 (parts of around $60, $220 in labor for two service calls, diagnosis + repair).
by jasonlitka
Fri Nov 08, 2013 1:21 pm
Forum: Investing - Theory, News & General
Topic: should you invest in BRK?
Replies: 19
Views: 2828

Re: should you invest in BRK?

1 share of BRK.B is all it takes to get a discount on my car insurance through Geico so thats all I hold :) GEICO's "good driver" discount, which you can receive after a certain period of time during which you aren't involved in any accidents, is an even better discount. If you think that you might...
by jasonlitka
Mon Oct 28, 2013 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Young investor looking into 401k
Replies: 20
Views: 1852

Re: Young investor looking into 401k

Right now, i would be comfortable saving $500 a month for a 401K. And if i did this for 40 years, i would have just over $1M, with 6% interest. (Obviously this contribution is conservative). Isn't that enough? Maybe it is and maybe it isn't. At 3% inflation, $1MM 40 years from now is about $300K in...
by jasonlitka
Sun Sep 29, 2013 12:28 pm
Forum: Personal Consumer Issues
Topic: Lease: Who controls master alarm code?
Replies: 3
Views: 766

Re: Lease: Who controls master alarm code?

We have two commercial leases at work. Neither one allows the landlord to have unrestricted access to the buildings. Both, however, require us to let them or their agents in (escorted, if we choose) during business hours for any reason, or off-hours for any emergency maintenance.
by jasonlitka
Wed Sep 18, 2013 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Refi Question...
Replies: 13
Views: 1502

Re: Refi Question...

Since you plan to be there less than 10 years, you should compare the initial interest rates and adjustments for fixed and adjustable mortages. According to Bankrate, the interest rates are around 4.5% for a 30-year fixed, 3.7% for a 10/1 ARM, 3.3% for a 7/1 ARM and 3.0% for a 5/1 ARM. Given your t...
by jasonlitka
Wed Aug 14, 2013 12:06 pm
Forum: Investing - Theory, News & General
Topic: Has anyone used Ascensus for 401K admin?
Replies: 9
Views: 2640

Re: Has anyone used Ascensus for 401K admin?

The company I work for does. I just checked with our Finance Manager and she said they're very responsive and helpful, particularly compared to our previous provider. We don't use Paychex so I can't speak to the integration.
by jasonlitka
Fri May 24, 2013 12:34 pm
Forum: Investing - Theory, News & General
Topic: How Commodities Can Help a Portfolio
Replies: 129
Views: 11801

Re: How Commodities Can Help a Portfolio

I've found that holding a diversified collection of Gibson Les Pauls, well kept amplifiers, and analog pro-audio is an excellent diversifer for stocks & bonds. Rebalancing can be fun. Just kidding, sort of. These "hard assets" may be less liquid, but they are certainly less flawed than commodity de...
by jasonlitka
Sat Feb 23, 2013 9:17 am
Forum: Personal Consumer Issues
Topic: Worldofwatches
Replies: 9
Views: 1297

Re: Worldofwatches

Just make sure you don't spend $5000. Lol. Nothing wrong with enjoying the fruits of your labor. If an expensive watch makes someone happy then that's fine by me. I've got a Tag 1887 that I love. Not quite $5K but close enough that people here would probably condemn the purchase. The choice wasn't ...
by jasonlitka
Thu Jan 17, 2013 11:02 am
Forum: Personal Consumer Issues
Topic: FAFSA Rules [Free Application for Federal Student Aid]
Replies: 19
Views: 2617

Re: FAFSA Rules

It could make a big difference to a lot of families. I don't have any children, so I'd be at least 18 years out on this scam (by which time they will have plugged this loop hole), but I make considerably more than my wife. If we only had to declare her income the picture would be completely different.
by jasonlitka
Thu Jan 17, 2013 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathway B Fund - Fun Money - Worth It?
Replies: 36
Views: 3287

Re: Birkshire Hathway B Fund - Fun Money - Worth It?

Does anyone suggest and brokerage to use? I use Vanguard for my portfolio, but I know you have to have $3000 in a Money Market to open up a brokerage. Any other recommendations? No you don't. When you open a brokerage account at Vanguard you need to declare a MM fund as your sweep account. Once you...
by jasonlitka
Wed Jan 16, 2013 12:32 pm
Forum: Personal Consumer Issues
Topic: Ridiculous lawn service
Replies: 55
Views: 8310

Re: Ridiculous lawn service

My lawn service bills similarly for their weed & feed packages, plus an additional sum at the end for aerating/seeding. I do 1 on/2 off with them. On the off years I walk around myself and spread fertilizer. I'll admit, it does look better the years they do it, but not horrible when I do. Not $1000 ...
by jasonlitka
Wed Jan 16, 2013 12:27 pm
Forum: Personal Consumer Issues
Topic: FAFSA Rules [Free Application for Federal Student Aid]
Replies: 19
Views: 2617

Re: FAFSA Rules

Heh. So the kid is ready to apply for college, parents get divorced, lower-income parent gets custody but they continue to live together, parents get remarried after college is done. Sounds like a plan to me.
by jasonlitka
Wed Jan 16, 2013 12:06 pm
Forum: Investing - Theory, News & General
Topic: Where to find 4% munis?
Replies: 9
Views: 1635

Re: Where to find 4% munis?

You can buy munis with a 4% coupon, but they will be selling at a premium so the yield will be lower. Seems like Suzi's accuracy has not improved much. Maybe some lower rated bonds like B might have a 4% but your taking quite a bit of a risk if you go that low. Dave I still think it's ridiculous th...
by jasonlitka
Mon Dec 31, 2012 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Silver question [Purchasing as investment]
Replies: 11
Views: 2892

Re: Silver question [Purchasing as investment]

If it's Zombies you are worried about, melting down silver bars to make silver bullets might help, if I have my horror legends sorted out properly. But this is not on my worry list. You don't. Silver bullets are for werewolves, and depending on who you ask, sometimes witches. With zombies anything ...
by jasonlitka
Mon Nov 26, 2012 1:49 pm
Forum: Investing - Theory, News & General
Topic: Do you have money in taxable? What percent?
Replies: 74
Views: 7137

Re: Do you have money in taxable? What percent?

My wife and I are around 50/35/15 for Taxable/401K/Roth. Based on current contribution levels (both max out roth, one of us is hce-restricted on 401k contribution) and expected growth in each (401k is mostly bonds), I expect this to shift towards taxable and Roth as time goes on.
by jasonlitka
Sun Oct 21, 2012 1:13 pm
Forum: Personal Consumer Issues
Topic: anyone ever have a front door replaced?
Replies: 32
Views: 4649

Re: anyone ever have a front door replaced?

I looked into having the front door on my home replaced late last year but ultimately decided against it due to high cost (wood door w/ glass at top, double sidelights). A few weeks back I stripped all the old paint off the door, filled the dents and scratches, repainted, rehung it so it was straig...
by jasonlitka
Wed Oct 17, 2012 10:58 am
Forum: Personal Consumer Issues
Topic: anyone ever have a front door replaced?
Replies: 32
Views: 4649

Re: anyone ever have a front door replaced?

SteveB3005 wrote:^ Based upon my vast experience with the paranormal, I believe there is a leprechaun spirit trapped between the entry and storm doors of that house.
Nope, just my reflection (and I'm 6"3).
by jasonlitka
Wed Oct 17, 2012 10:57 am
Forum: Personal Consumer Issues
Topic: Knives set recommendations
Replies: 43
Views: 5400

Re: Knives set recommendations

I'm a big fan of Wusthof "Classic Ikon" series. They fit better in my hands than the "Classic".
by jasonlitka
Tue Oct 16, 2012 12:44 pm
Forum: Personal Consumer Issues
Topic: anyone ever have a front door replaced?
Replies: 32
Views: 4649

Re: anyone ever have a front door replaced?

I looked into having the front door on my home replaced late last year but ultimately decided against it due to high cost (wood door w/ glass at top, double sidelights). A few weeks back I stripped all the old paint off the door, filled the dents and scratches, repainted, rehung it so it was straigh...
by jasonlitka
Mon Oct 15, 2012 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs 401k
Replies: 4
Views: 746

Re: Taxable vs 401k

Conventional wisdom is to avoid taxable investing until you've maxed all other tax-advantaged accounts, but that doesn't mean it's right for everyone. If you're looking to save to put money towards a home, education, or early retirement, if your 401k is plagued with extremely expensive or under-perf...
by jasonlitka
Sun Oct 14, 2012 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) provider recommendations for small business
Replies: 28
Views: 7916

Re: 401(k) provider recommendations for small business

Hi jasonlitka , It has nothing to do with Plan Asset. Outs was around 350K when we converted it to Vanguard. It all depends on whether you want the cost to be pass down to your Employee or not. Vanguard/Ascensus gives .10% credit of asset back to to Employer for all Investor Class Funds. For Single...
by jasonlitka
Thu Oct 11, 2012 10:32 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) provider recommendations for small business
Replies: 28
Views: 7916

Re: 401(k) provider recommendations for small business

Hi StarmanDeluxe , I was in same Boat 3 month ago. We decided to go with Vanguard/Ascensus route. Our conversion from ADP to Vanguard/Ascensus has worked really well for my company. Also with Vanguard we were able to secure all the Signal Class Shares in the new 401k which brought down the Employee...
by jasonlitka
Wed Oct 03, 2012 2:14 pm
Forum: Investing - Theory, News & General
Topic: Poll: What percent equity do you have in international?
Replies: 42
Views: 5307

Re: Poll: What percent equity do you have in international?

50/50 for me (with a slight emphasis on EM). As I get older I'll shift further towards the home team.
by jasonlitka
Wed Oct 03, 2012 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Rule of Thumb...Credit Card Limit
Replies: 52
Views: 6618

Re: Rule of Thumb...Credit Card Limit

My guideline is that the limit across all your cards should be at least three times what you expect to charge across a rolling 3 month period (assuming you pay it off each month). For example, across two cards I have ~$35K in credit. My typical monthly CC spend is in the $3500-4000 range sticks me a...
by jasonlitka
Wed Oct 03, 2012 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard/Ascensus Question
Replies: 7
Views: 1324

Re: Vanguard/Ascensus Question

Probably not. You do not hold a direct realationship with VG when you go through a 401k custodian account.I still would check with VG. That's true, but since Ascensus is where Vanguard sends you if your plan has less than $20MM in assets and there is a formal relationship between the two, I thought...
by jasonlitka
Tue Oct 02, 2012 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard/Ascensus Question
Replies: 7
Views: 1324

Re: Vanguard/Ascensus Question

SurfCityBill wrote:A quick call to VG will probably get you the answer you seek.
Busy day, I was hoping someone would know. I'll call them.

EDIT: Just got off the phone. They have no idea.
by jasonlitka
Tue Oct 02, 2012 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard/Ascensus Question
Replies: 7
Views: 1324

Vanguard/Ascensus Question

The company I work for is switching our 401(k) to Vanguard/Ascensus. Does anyone know if funds held in that account contribute to an individual's Voyager/Voyager Select/Flagship status? Vanguard's site is somewhat vague on this.
by jasonlitka
Fri Sep 28, 2012 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Insights please on 401-K Account
Replies: 13
Views: 820

Re: Insights please on 401-K Account

Investment performance over a period as short as 3/4 of a year isn't something meaningful to evaluate. I guess one question would be what you did expect and why? I'm assuming the expectation would be returns similar to what you'd see in in a even-split 3-fund approach of Total Stock, Total Internat...
by jasonlitka
Fri Sep 28, 2012 10:50 am
Forum: Investing - Help with Personal Investments
Topic: Waiting a month or two before investing?
Replies: 20
Views: 2079

Re: Waiting a month or two before investing?

October has also been a bad month historically I thought October was an OK month and September was the bad one? Seriously though, unless you're investing for short-term goals (in which case, international stock funds probably aren't the way to go), the gain or loss you may see over a 2 month period...
by jasonlitka
Thu Sep 27, 2012 10:39 am
Forum: Personal Consumer Issues
Topic: Apple Experts: Macbook Air vs Pro to run Parallels/Quicken?
Replies: 34
Views: 4559

Re: Apple Experts: Macbook Air vs Pro to run Parallels/Quick

I am relatively new to the Apple world and am using a Macbook Air 2011 with 4 GB of RAM. To use quicken, I have to allocate 1.5 GB to a virtual Windows machine; leaving only 2.5 GB for the Mac OS. Parallels and Windows take too long to load. My machine is mostly docked or used in a condo (not for t...
by jasonlitka
Tue Sep 25, 2012 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Death and Dismemberment Insurance
Replies: 19
Views: 2462

Re: Accidental Death and Dismemberment Insurance

I don't have it, mostly because the "Dismemberment" part doesn't pay much and I'm already covered on the "Death" bit with a few Term Life policies. If you want coverage for Dismemberment then go with STD & LTD.
by jasonlitka
Mon Sep 24, 2012 1:30 pm
Forum: Investing - Theory, News & General
Topic: Understanding the Gen Y investor.
Replies: 15
Views: 2360

Re: Understanding the Gen Y investor.

But after watching him invest in tech stocks through the 2000 recession and then push back retirement because of this latest depression, can you blame me? I'm fairly risk-tolerant for my age but I agree completely with not blaming "Gen-Y" for their reservations. I just barely missed the tech bust (...
by jasonlitka
Mon Sep 24, 2012 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard - Money Market for dividend
Replies: 9
Views: 1125

Re: Vanguard - Money Market for dividend

You can do that. However, the minimun needed to open a MM fund is $3000. Once the fund is open, then you can use it to collect your dividends if you wish. If you later reduce the fund to less than $3000, Vanguard may or may not let you keep it that way. Vanguard has the right to require you keep th...
by jasonlitka
Tue Sep 18, 2012 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-free portfolio
Replies: 3
Views: 965

Re: Tax-free portfolio

livesoft wrote:Plug it into TaxCaster (bing it).
Didn't you hear? Microsoft gave up on trying to get people to use "Bing" as a verb.

http://www.theverge.com/2012/9/13/33246 ... erb-search
http://www.bgr.com/2012/09/12/microsoft ... re-google/
by jasonlitka
Wed Sep 12, 2012 1:10 pm
Forum: Personal Consumer Issues
Topic: Cloud Based PBX
Replies: 5
Views: 974

Re: Cloud Based PBX

You can certainly migrate to an off-site system but be aware that this means that your internal office calls will now need to leave the building and then come back, potentially burning more bandwidth than you're prepared for, and you'll also get a lot less flexibility than you're used to with Trixb...
by jasonlitka
Wed Sep 12, 2012 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Seller Financing?
Replies: 9
Views: 1059

Re: Seller Financing?

If his credit is that good why isn't he just getting a 5/1 or 5/5 ARM? He'd pay less than 3%.

Anyway, I wouldn't take it. He's asking for a 10% discount over the appraisal, plus you to take the closing costs, plus you to take the non-payment risk.
by jasonlitka
Tue Sep 11, 2012 10:24 am
Forum: Personal Consumer Issues
Topic: Cloud Based PBX
Replies: 5
Views: 974

Re: Cloud Based PBX

I'm previously a SwitchVox (now owned by Digium) user. It worked great when we were smaller (up to maybe 20 simultaneous calls) but beyond that we had real issues with scalability and support. They didn't sell any larger hardware so we were forced to find what worked ourselves. It didn't help that t...
by jasonlitka
Fri Sep 07, 2012 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Limits on life insurance
Replies: 12
Views: 1187

Re: Limits on life insurance

No, I do not have a special reason, I just thought to get enough so my family could live from the gains and not touch the principal. I know what I have is enough to cover them for a good period of time, but for the price and being debt free it was a little "luxury" for us that won't break the bank....
by jasonlitka
Mon Aug 27, 2012 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Have you received new 401K fee disclosures at your company?
Replies: 33
Views: 4045

Re: Have you received new 401K fee disclosures at your compa

I got mine today. Listed the overall asset fee, plus the expense rations of the individual funds. Everything was as expected except one target date fund with an ER of 5.50% (typo, I think, the other similar funds are all in the 1.1-1.3% range). The real info came in the comparison of returns to the ...
by jasonlitka
Mon Aug 20, 2012 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: current best cash back credit card?
Replies: 55
Views: 11162

Re: current best cash back credit card?

Priceline Visa 2% on everything Amex Blue Cash Preferred 6% grocery store purchases (Including gift cards that can be used in lieu of the card above in many instances), 3% gas/dept store, 1% else but has $75 fee PenFed Platinum Rewards 5% gas, 3% grocery and 1% else (no foreign transaction fees) Th...
by jasonlitka
Mon Aug 20, 2012 2:40 pm
Forum: Investing - Theory, News & General
Topic: Investing Priority
Replies: 19
Views: 2799

Re: Investing Priority

You might also skip the 401k after the match if you have a particularly bad plan or if you're an HCE and will be getting the cash back anyway because your company fails the annual testing.
by jasonlitka
Fri Aug 17, 2012 1:29 pm
Forum: Personal Consumer Issues
Topic: Hardwood floor warped
Replies: 11
Views: 4092

Re: Hardwood floor wrapped

Depending on how well it was glued it may not come off and be salvageable. Using a vapor barrier on concrete (at a minimum) is flooring 101 so if you were the one that paid to have that floor installed in the first place I'd go after the contractor. Most would have used a barrier plus ply-wood if yo...
by jasonlitka
Sat Aug 11, 2012 10:02 am
Forum: Personal Consumer Issues
Topic: What to do on a test drive?
Replies: 27
Views: 3796

Re: What to do on a test drive?

1. Get a test drive by yourself. If the dealer insists on going with you then go somewhere else. I had one Audi dealer tell me I needed TWO people to go with me to test drive a $38k A4. Another dealer let me take out an $75k loaded A7 for a 30 minute drive after about 15 minutes at his desk talking ...
by jasonlitka
Thu Aug 02, 2012 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Bank Deposits--typical account balances for individuals?
Replies: 40
Views: 4785

Re: Bank Deposits--typical account balances for individuals?

Bogleheads wouldn't keep over $1k in a mere CHECKING account anyway....right? My wife and I have the bulk of our pay deposited into a checking account so that we can pay our bills. The average balance is about $10K. If it dips too low (as it did a couple months ago due to a bathroom remodel) then w...
by jasonlitka
Wed Aug 01, 2012 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Why does my bond allocation need to be so high?
Replies: 33
Views: 3830

Re: Why does my bond allocation need to be so high?

I think people's tolerance for risk varies MUCH more than you'd guess by reading this board. Some people are comfortable deriving their income from a small business, while others wouldn't dream of leaving a corporate gig to do that. Similarly, some people are comfortable scuba diving, flying privat...
by jasonlitka
Tue Jul 24, 2012 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Educational help for 25 YO slow-starter son??
Replies: 41
Views: 5208

Re: Educational help for 25 YO slow-starter son??

For-profit schools are a scam. Don't give them your money. A+ certification is basically useless (I don't hire people that make a prominent position for A+ on their resumes) and 36 weeks to get it is way too much. Most people I know with them self-studied for a weekend with a book and had no issues...
by jasonlitka
Mon Jul 23, 2012 1:53 pm
Forum: Personal Consumer Issues
Topic: AT&T's new sharing plans
Replies: 16
Views: 2884

Re: AT&T's new sharing plans

I'm in wait-and-see mode. I like the fact that the new plans include the iPhone WiFi hot-spot and can bundle in the iPad (mine is primarily WiFi, but I use 3/4G once or twice per month so I keep the plan active), but I'm not happy with the price. You might be able to find an app that would do this ...
by jasonlitka
Mon Jul 23, 2012 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are we ready (enough) to buy a house?
Replies: 29
Views: 3492

Re: Are we ready (enough) to buy a house?

My wife and I made a little under that combined when we bought our first house a few years back. We were looking at 25-40 year-old 4BR/2.5BA places (1800-2400 sq-ft) in the lower half of your price range. Honestly, given your outstanding debt, low liquid savings level, high monthly expenses, and the...
by jasonlitka
Thu Jul 19, 2012 11:58 am
Forum: Personal Consumer Issues
Topic: AT&T's new sharing plans
Replies: 16
Views: 2884

Re: AT&T's new sharing plans

I'm in wait-and-see mode. I like the fact that the new plans include the iPhone WiFi hot-spot and can bundle in the iPad (mine is primarily WiFi, but I use 3/4G once or twice per month so I keep the plan active), but I'm not happy with the price. I'm suspecting that AT&T will disallow corporate disc...