Search found 129 matches

by ChapMan
Sat Jun 03, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Help: Need advise on my situation with Student Loan
Replies: 8
Views: 994

Re: Help: Need advise on my situation with Student Loan

I would refi to an outside company as soon as you havr the income to do so. Doesn't sound like your payment is covering interest which means you are getting behind not ahead every month. I second this advice. A few years after I graduated from grad school, I refinanced with Earnest and got a variab...
by ChapMan
Sat Oct 17, 2015 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinancing
Replies: 22
Views: 6765

Re: Student Loan Refinancing

Bump to see if anyone has had any recent experience/recommendations for student loan refinancing. I've looked at Sofi and DRB so far. I've also looked at Earnest, which based on their soft pull, seem to be able to give me a lower variable and fixed rate than the other two companies mentioned above. ...
by ChapMan
Fri Nov 14, 2014 11:12 pm
Forum: Investing - Help with Personal Investments
Topic: TSP over contribution
Replies: 8
Views: 1595

Re: TSP over contribution

Apparently I may have just overcontributed $3k or so. Does anyone know if anything has changed since the start of this thread? My understanding is that since I put in $17.5k into the Roth TSP and ~$3k into the traditional TSP, my refund will be pro rata such that I'll end up with something like $16....
by ChapMan
Mon Sep 01, 2014 1:52 pm
Forum: Personal Consumer Issues
Topic: Philly Hotels, with the family
Replies: 15
Views: 1536

Re: Philly Hotels, with the family

It's been a while since I've been in the Philly area, but if you have a government affiliation, I do believe that the Four Seasons actually has a government rate that makes staying there comparable to a less well-regarded hotel on the outskirts of the city. One of the few places that I know of wher...
by ChapMan
Mon Sep 01, 2014 12:09 am
Forum: Personal Consumer Issues
Topic: Philly Hotels, with the family
Replies: 15
Views: 1536

Re: Philly Hotels, with the family

It's been a while since I've been in the Philly area, but if you have a government affiliation, I do believe that the Four Seasons actually has a government rate that makes staying there comparable to a less well-regarded hotel on the outskirts of the city. One of the few places that I know of where...
by ChapMan
Fri Apr 04, 2014 9:23 pm
Forum: Personal Consumer Issues
Topic: Republic Wireless
Replies: 60
Views: 18092

Re: Republic Wireless

I figured I'd try to resurrect this thread rather than starting my own... I'm about to leave my contract with my current provider and am in the market for a new plan/phones. I'm looking for two smart phones (one with low/moderate usage, the other with moderate usage)) and two regular phones (talk a...
by ChapMan
Mon Mar 31, 2014 7:15 pm
Forum: Personal Consumer Issues
Topic: Republic Wireless
Replies: 60
Views: 18092

Re: Republic Wireless

I figured I'd try to resurrect this thread rather than starting my own... I'm about to leave my contract with my current provider and am in the market for a new plan/phones. I'm looking for two smart phones (one with low/moderate usage, the other with moderate usage)) and two regular phones (talk an...
by ChapMan
Tue Jul 16, 2013 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Help create a Financial Presentation: Calling all Bogleheads
Replies: 122
Views: 18795

Re: Help create a Financial Presentation: Calling all Bogleh

This is a great idea, and I'd be more than happy to hop onto a team to contribute whatever I can. I deal with young sailors/Marines/airmen/soldiers a lot, as well as more seasoned officers, so a nice shell presentation that can be calibrated to an audience sounds like a fantastic idea. In fact, the ...
by ChapMan
Sun Apr 21, 2013 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Starting Fidelity Brokerage Acct & Fidelity Amex CC
Replies: 12
Views: 2178

Re: Starting Fidelity Brokerage Acct & Fidelity Amex CC

I have this card and I actually do not have a Fidelity account. What I did was to accumulate enough awards for $250, call customer service, and have them cut a check to me for $250. It's a paper check that I have to deposit at a later time, but it means I don't have to start a Fidelity account. That...
by ChapMan
Fri Mar 22, 2013 11:49 am
Forum: Personal Consumer Issues
Topic: Maximizing a Stay at the Ritz
Replies: 29
Views: 3425

Re: Maximizing a Stay at the Ritz

All, Lest I orphan this thread, I figured I'd give a quick update. Thank you all for your experience and contributions. I ended up just doing what a lot of you recommended - enjoying the room, the view, and the lobby/bar area. It was overall a nice stay, and Philadelphia is a nice city. I would neve...
by ChapMan
Wed Mar 13, 2013 8:00 pm
Forum: Personal Consumer Issues
Topic: Maximizing a Stay at the Ritz
Replies: 29
Views: 3425

Maximizing a Stay at the Ritz

All, Due to some (fortunate) circumstances, I find myself with a free evening at the Ritz in Philadelphia this coming weekend. Being cheap/frugal, I'd never stay there myself, so I don't have too much experience with luxury (ultra-luxury?) hotels like the Ritz-Carlton. What I'd like to ask the colle...
by ChapMan
Sat Mar 09, 2013 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: 25 isn't too late to start......right? [Military]
Replies: 17
Views: 2274

Re: 25 isn't too late to start......right? [Military]

First, you've probably already found the military part of the Wiki, but it's pretty useful: m There's a lot of good and pretty up-to-date information there. Now, to your specific questions: 1. I’ve committed some financial sins in the past, but I’ve settled down. Bottom line is that I should have mo...
by ChapMan
Fri Jan 18, 2013 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Buying listed house without realtor
Replies: 8
Views: 984

Re: Buying listed house without realtor

You may also be able to find a buyer's agent that will refund you part of his commission. This is legal in many states (although you may have to double-check your state). If the buyer's agent doesn't have to do anything, he can split his commission with you. Assuming a 3% buyer's agent commission, y...
by ChapMan
Thu Oct 18, 2012 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Condo/Townhouse in DC (and lost!)
Replies: 23
Views: 3307

Re: Buying a Condo/Townhouse in DC (and lost!)

Also, I remember a discussion about rent vs. buy in the recent past that had a link to a long-ish academic article about the cost and benefits of both. I can't seem to find it via the search function. Does anyone know/remember what I'm talking about?
by ChapMan
Thu Oct 18, 2012 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Condo/Townhouse in DC (and lost!)
Replies: 23
Views: 3307

Re: Buying a Condo/Townhouse in DC (and lost!)

Thank you all for your insights. I'm definitely not set on buying, but with my community that way it is, chances are that I'll be bouncing in and out of the DC area, moreso if I actually have a desire to be there. That said, there will be times when the condo will be vacant and have to be rented out...
by ChapMan
Sat Oct 13, 2012 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Condo/Townhouse in DC (and lost!)
Replies: 23
Views: 3307

Re: Buying a Condo/Townhouse in DC (and lost!)

Yeah, that's true. Renting would be easier. The thing about is that as active duty military, there's no guarantee I'll be in any place for more than 2 years at a time, but there are certain "hubs" where you can bounce back into and out of throughout your career. Washington DC is, unsurpris...
by ChapMan
Sat Oct 13, 2012 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Condo/Townhouse in DC (and lost!)
Replies: 23
Views: 3307

Buying a Condo/Townhouse in DC (and lost!)

All, I once again come to this community for financial advice. I have decided to try to look for a condo/townhouse to buy in the DC area. I like the NW area and have been looking for a 1 bedroom/1 bath for around $300,000 (absurd, I know). I've looked at a few places, but I am a bit clueless as to t...
by ChapMan
Mon Oct 08, 2012 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Direct Rollover into TSP
Replies: 7
Views: 977

Re: Direct Rollover into TSP

Thanks for the responses. Brian, I'm fairly certain I can make fully deductible contributions for a while yet. I plan on maxing out my TSP for the foreseeable future, which should put me below $58k for some time yet. Is there a difference between doing annual rollovers vice one big rollover right be...
by ChapMan
Sun Oct 07, 2012 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Direct Rollover into TSP
Replies: 7
Views: 977

Direct Rollover into TSP

Hello All, I am looking down the road a bit and want to make sure that my thought process makes sense: I am currently on a loan repayment assistance program which has a graduated rate in determining how much the program will help me with my loans (the more I make the less the program will help me). ...
by ChapMan
Sun Jul 15, 2012 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Edward Jones or fee-based advisor?
Replies: 17
Views: 18833

Re: Edward Jones or fee-based advisor?

This community is largely composed of do-it-yourselfers with regard to personal finance. Some (many?) of us do seek outside professional help, but I'd venture to say that most of us run our own relatively simple portfolios. It's very difficult to answer your question without knowing what funds EJ ha...
by ChapMan
Wed Jun 27, 2012 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Index-Linked Digital Notes
Replies: 9
Views: 891

Re: Index-Linked Digital Notes

The product here actually is a bit worse than the index-linked CDs because this one isn't a CD and isn't FDIC-insured.
by ChapMan
Tue Jun 26, 2012 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Index-Linked Digital Notes
Replies: 9
Views: 891

Index-Linked Digital Notes

All, A friend of mine asked my opinion on Goldman Sachs "Index-Linked Digital Notes." I had never heard of these before and from reading a bit of the registration statement, it sounds like it's just some weird derivative (this one is based on the S&P 500 index). As far as I can tell, i...
by ChapMan
Wed Jun 13, 2012 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Ivy League Myths Uprooted
Replies: 288
Views: 22518

Re: Ivy League Myths Uprooted

I know this is a weird thing to assert on a forum like this, but it's really not all about the money. I think if you look at college as a way to earn more income, it probably doesn't make a whole lot of sense to pay full price for a fancy private school vs. in-state college. But if you think of it a...
by ChapMan
Fri May 04, 2012 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone rent a car for driving trips?
Replies: 30
Views: 2636

Re: Anyone rent a car for driving trips?

We do this a couple times a year, when we need a larger vehicle or when we'll be driving where the roads are rough, (and we also rent through Enterprise). Since we keep our cars a long time, our larger vehicles (minivans) have a lot of miles on them, and I don't like the idea of breaking down in th...
by ChapMan
Wed May 02, 2012 7:31 pm
Forum: Investing - Help with Personal Investments
Topic: I've proven that market timing is bad, but ...
Replies: 45
Views: 3930

Re: I've proven that market timing is bad, but ...

Here's an idea (from the idiot that bought into RIG literally 2-3 days before the Deepwater Horizon disaster), with the caveat that basically everything I do to try to time the market is wrong: - We both plan to DCA. You buy x% of your portfolio now. - If it falls a%, I buy in with x% of my portfoli...
by ChapMan
Mon Apr 30, 2012 6:29 pm
Forum: Investing - Theory, News & General
Topic: "The Stock Market Game"
Replies: 51
Views: 4928

Re: "The Stock Market Game"

All, You know, we have a lot of people on this board with a broad range of experiences and skills. It honestly might be a very valuable exercise to try to think up a conceptual board game to teach this stuff. I for one would be very interested and would be willing to lend whatever support or ability...
by ChapMan
Tue Apr 10, 2012 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: New O-1 looking for some advice.
Replies: 18
Views: 1816

Re: New O-1 looking for some advice.

Thanks for the wiki page, I've added that one to bookmarks. I agree with your statements about emergency funds, As soon as I get my retirement contributions maxed, I'll start working on building up an emergency fund. Just out of curiosity, what type of account do you have your emergency fund in? Ch...
by ChapMan
Mon Apr 09, 2012 11:21 am
Forum: Investing - Help with Personal Investments
Topic: New O-1 looking for some advice.
Replies: 18
Views: 1816

Re: New O-1 looking for some advice.

MIDN, You should check out the wiki here: m It gives you the basics to get started. As a JO a bit further up in the food chain, I've taken a bit more of an aggressive stance than you have: (see here: http://www.bogleheads.org/forum/viewtopic.php?f=1&t=64238). I've slimmed down quite a bit in ter...
by ChapMan
Mon Apr 09, 2012 7:32 am
Forum: Investing - Help with Personal Investments
Topic: Starting out: NYC on a budget
Replies: 25
Views: 2354

Re: Starting out: NYC on a budget

i have no idea how realistic this is but.... you could potentially lower expenses but living further out. then again, that may contradict what you want to experience in nyc. you could save a fair amount of money by biking to work instead of taking the subway. I enjoy biking to work now, but if you'...
by ChapMan
Sun Apr 08, 2012 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Starting out: NYC on a budget
Replies: 25
Views: 2354

Re: Starting out: NYC on a budget

A lot of your finances seem to be in good-to-decent shape, so I'll comment on something a bit more tangential - NYC itself. I like NYC a lot as a place to visit, but I didn't enjoy living there too much. That said, there are some great places to go and explore throughout the Five Boroughs (although,...
by ChapMan
Thu Mar 29, 2012 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA - Earned Income
Replies: 16
Views: 3416

Re: Roth IRA - Earned Income

See IRS Publication 590: m Specifically, Table 1-1 discusses what is and isn't considered compensation for purposes of IRA contribution limits. I stand corrected. I'm not sure what defines "earned income," but it looks like most passive income wouldn't be included but most active income w...
by ChapMan
Wed Mar 28, 2012 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time CFPs?
Replies: 8
Views: 1402

Re: Part Time CFPs?

Someone who needs/wants one-off advice at an economical price? I guess I don't see it as too different from a lawyer with a lot of clients. He's working full-time, but he's not working full-time for any client. If he was working part-time and had fewer clients, he'd be spending the same time on each...
by ChapMan
Wed Mar 28, 2012 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time CFPs?
Replies: 8
Views: 1402

Part Time CFPs?

I was having a random thought the other day, and I was wondering if the collective wisdom of the forum would tell me how silly it is. I, along with many other people here I imagine, have a personal interest in personal finance. Obviously being a CFP involves much more than that, but I was wondering ...
by ChapMan
Wed Mar 28, 2012 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice for Unemployed Lawyer
Replies: 50
Views: 7273

Re: Career Advice for Unemployed Lawyer

Two random things in this thread I that I thought were somewhat amusing: 1) Joining the military - Good luck. The Navy JAG's acceptance rate right now is 2-5% depending on the year. The AF and Army have higher acceptance rates, but if you're not OK living in bumbleboom, OK (no offense to people from...
by ChapMan
Wed Mar 28, 2012 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA - Earned Income
Replies: 16
Views: 3416

Re: Roth IRA - Earned Income

See IRS Publication 590: m Specifically, Table 1-1 discusses what is and isn't considered compensation for purposes of IRA contribution limits. I stand corrected. I'm not sure what defines "earned income," but it looks like most passive income wouldn't be included but most active income w...
by ChapMan
Wed Mar 28, 2012 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA - Earned Income
Replies: 16
Views: 3416

Re: Roth IRA - Earned Income

So the max for Roth IRA is $5k. In a scenario where someone got paid exactly $5k (GROSS) on a W2 but obviously net would be like $4k..... would this person still qualify for the full $5k contribution? In other words, is the contribution amount of "earned income" required to contribute to ...
by ChapMan
Mon Mar 19, 2012 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: debt vs investment
Replies: 19
Views: 1221

Re: debt vs investment

The other thing I'm considering is joining one of the uniformed services where the gov't doesn't match but would allow me to be in a lower tax bracket and claim Florida as my state residency... I'd have a base salary that is taxable as 50,600k with total benefits 82,804.24 (housing and living expen...
by ChapMan
Fri Mar 16, 2012 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off law school debt...savings goal now?
Replies: 20
Views: 3045

Re: Paid off law school debt...savings goal now?

Biglaw starts at $160k. Depending on the city you live in, 50% gross is easily do-able. Not, however, if you live in midtown and go away to AC every weekend. Sure, Biglaw starts at 160k in big markets. But big markets are expensive to live in, even in the outer, cheaper neighborhoods. It is hard to...
by ChapMan
Sun Mar 11, 2012 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Paid off law school debt...savings goal now?
Replies: 20
Views: 3045

Re: Paid off law school debt...savings goal now?

Biglaw starts at $160k. Depending on the city you live in, 50% gross is easily do-able. Not, however, if you live in midtown and go away to AC every weekend.
by ChapMan
Thu Mar 08, 2012 9:42 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 125
Views: 50448

Re: Military Investing

Another potential addition: Income Tax Preparation: Depending on the policies of your particular service and the bases around your area, active duty service members, activated reservists, retirees, and their dependents are often entitled to income tax preparation assistance through the local legal o...
by ChapMan
Thu Mar 08, 2012 9:01 am
Forum: Investing - Help with Personal Investments
Topic: 24 year old.. HELP!
Replies: 49
Views: 4076

Re: 24 year old.. HELP!

My TSP (Unsure if I should bother with a roll over or not) 2.65% C Fund (0.025) 2.52% S Fund (0.025) 2.56% I Fund (0.025) Just a comment on your TSP . You might think it's inconvenient or pointless to hold onto your TSP especially since you don't have a large balance in it, but I'd suggest you keep...
by ChapMan
Wed Mar 07, 2012 9:55 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 125
Views: 50448

Re: Military Investing

Are you referring to this? Get Credit for Your Retirement Savings Contributions If you think it should go in the wiki, I'll put it in for you. Can you rephrase your suggestion into a bullet point format (like the article is written now)? I'm not military, so I may not get what you intended. If not,...
by ChapMan
Tue Mar 06, 2012 10:07 pm
Forum: Investing - Theory, News & General
Topic: Military Investing
Replies: 125
Views: 50448

Re: Military Investing

I'm not sure if this is worthy enough to go into the Wiki, but I was thinking about this the other day: The Saver's Credit, assuming it survives in coming years, is probably most applicable for the active duty military population. Along with things like the Earned Income Credit, it phases out at cer...
by ChapMan
Fri Mar 02, 2012 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Distress. [company trying to force into quitting]
Replies: 74
Views: 6965

Re: Distress.

Legal advice is a good idea. You could be a good candidate to claim constructive termination and collect u/e anyway.
by ChapMan
Sat Feb 18, 2012 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: when did you start to max out 401k?
Replies: 58
Views: 6996

Re: when did you start to max out 401k?

First full-time job, $38k nominal salary (other allowances untaxed).
by ChapMan
Sat Feb 18, 2012 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Tax on Pension Advisor Fee?
Replies: 10
Views: 846

Re: Pay Tax on Pension Advisor Fee?

2) Is your pension taxed by the foreign country? There may (probably is if it's a Western European country) be a tax treaty in place such that you can avoid double taxation. That said, if it's not taxed by the foreign country, I'm having a bit of trouble figuring out what you could deduct the finan...
by ChapMan
Sat Feb 18, 2012 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Pay Tax on Pension Advisor Fee?
Replies: 10
Views: 846

Re: Pay Tax on Pension Advisor Fee?

I'll leave the experts to answer more in-depth, but two things strike me about your post immediately: 1) You don't have to worry about presenting a 1099 to the IRS probably. If you're getting a 1099, the employer likely sent the same thing to the IRS. They'll know anyway. 2) Is your pension taxed by...
by ChapMan
Sun Feb 12, 2012 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Dissappointment
Replies: 27
Views: 4723

Re: Turbo Tax Dissappointment

Could it have anything to do with Vanguard not putting out most of its tax documents until mid February/early March? Or are those documents out already?
by ChapMan
Fri Feb 10, 2012 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Help lower AGI, 1757% marginal tax
Replies: 24
Views: 1931

Re: Help lower AGI, 1757% marginal tax

Are you even eligible for deductible TIRAs? Our AGI is $36,523 so I believe so. We are right on the cutoff between 20% and 10% retirement savers credit which is the phase out causing the high marginal tax. If you can get your AGI down to $34000 you get a 50% savers credit.. that might make a rechar...