Search found 194 matches

by jpark1982
Wed May 08, 2019 11:49 am
Forum: Personal Investments
Topic: Wife starting new RN job, pension, 403b, and 401a?
Replies: 1
Views: 338

Wife starting new RN job, pension, 403b, and 401a?

Looking for some guidance here, wife started a new RN job at a NY hospital that is part of the NYSNA union. During the onboarding process they described some of the benefits that they offer. Unfortunately since retirement planning is pretty foreign to her, she didn't fully understand what was said t...
by jpark1982
Thu May 02, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Giving two week's notice before stock options vest
Replies: 91
Views: 7213

Re: Giving two week's notice before stock options vest

Giving two weeks notice is done out of courtesy for your current employer, it's not a requirement. Especially if you have a non-compete or the other company is in a similar industry, they may ask you to leave right away anyway. I would wait for them to vest and then resign.
by jpark1982
Thu May 02, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Amex Platinum Annual Fee
Replies: 20
Views: 2436

Re: Amex Platinum Annual Fee

It's charged like clockwork, you should be expecting a charge shortly. Can't really negotiate when the annual fee is charged.
by jpark1982
Wed May 01, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3710

Re: Do I live in a HCOL area?

Watch HGTV House Hunters, and if you're constantly amazed at how expensive those 60-year old tiny cramped houses are, then you live in LCOL area. If you're constantly amazed at how affordable those vintage cozy cottages are, then you live in HCOL area. Exactly. My wife was watching Fixer Upper to g...
by jpark1982
Wed May 01, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: What if I Never Buy a House?
Replies: 109
Views: 17135

Re: What if I Never Buy a House?

If we never had kids, I would've never bought. Since we have 2 kids and want them go grow up in a small suburban town, go to school with their friends, and want to do some of the smaller things with home ownership (garden, mow the lawn, have the kids draw with chalk on the driveway) but also deal wi...
by jpark1982
Wed Apr 24, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: House renovation
Replies: 14
Views: 984

Re: House renovation

Any reason why the budget is so high, so fast? Anyway to take it one step at a time? On the income that you earn, I can't see how borrowing additional funds, taking money out of your 401k, or even putting it on a credit card at even a 6.25% rate is worth taking on.
by jpark1982
Tue Apr 16, 2019 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 19088

Re: Bogleheads, why won't anyone hire me?

I didn't get my first real job until 28, working at a retail bank as a banker. Spent the next 9 years there before leaving to join a fintech company. Banks are always looking for sales people, consider working there, develop a sales mindset and potentially make 6 figures.
by jpark1982
Thu Apr 11, 2019 10:23 am
Forum: Personal Investments
Topic: Should I leave Betterment?
Replies: 34
Views: 7348

Re: Should I leave Betterment?

If you look at it only from a dollars and cents point of view, then yes paying for Betterment when you could do it yourself might detract from a lot of people here. But then again if we look at it that simply we could cut out a lot of things that we pay for. We could all chose not to pay for any cab...
by jpark1982
Tue Mar 26, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Swithced to bi-weekly payments, now one month ahead?
Replies: 3
Views: 578

Swithced to bi-weekly payments, now one month ahead?

Late last year I made the decision to switch to bi-weekly mortgage payments in an effort to pay off the mortgage sooner. Scheduled the monthly payments to start being drawn out starting 1/4 and every other Friday they would draw out 1/2 the payment based on our paychecks. Started out fine, then rece...
by jpark1982
Fri Jul 03, 2015 8:49 pm
Forum: Personal Consumer Issues
Topic: Three devices = redundancy
Replies: 45
Views: 10375

Re: Three devices = redundancy

Of all my devices, I actually use the computer the least. I use the iPhone for calls, texting, browsing while out shopping with the wife and kids, etc. I use the iPad mini to browse the Internet when I'm home. The only time I'm using my desktop computer is when I'm doing some photo editing and or ne...
by jpark1982
Tue Jun 30, 2015 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 158
Views: 23017

Re: Obsessing towards zero balance on credit card.

I have all of my cards setup to be auto-paid on the 5th of every month. So on the 5th I usually have 2-3 payments go out. The cards all have a statement date that cuts on the 8th of every month. So for instance my payment will go out on July 5th. The next statement will cut on July 8th for payment d...
by jpark1982
Thu Jun 25, 2015 8:10 am
Forum: Personal Investments
Topic: Going to open an IRA, traditional or roth (age 33)?
Replies: 2
Views: 471

Going to open an IRA, traditional or roth (age 33)?

I apologize if this question has been asked before, I appreciate any insight. Our situation is rather simple, I think. Status: Married, Age 33, 1 child, another on the way this summer. Income: $115-120k combined, 25% tax bracket 401k: His, traditional contributing to the 5% company match. Currently ...
by jpark1982
Wed Apr 01, 2015 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone been Daycare Poor before? Advice on our situation!
Replies: 27
Views: 8601

Re: Anyone been Daycare Poor before? Advice on our situation

My daughter just turned 2 and will be joined by a little sister in July. Wife stayed at home with our first for the first 14 months, then we started to send her to daycare. At first we were scared after reading all of the horror stories of daycare. And while it's not without any incidents, we are ve...
by jpark1982
Wed Apr 01, 2015 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Freeze and NEW Credit Cards
Replies: 12
Views: 1545

Re: Credit Freeze and NEW Credit Cards

I have a security freeze on my credit reports and have had to do so since 2007. Had identity theft then and even as recently as last year had another attempted credit card application using my name and social security number. In NJ all 3 bureaus are able to place and remove a freeze online. All 3 al...
by jpark1982
Fri Mar 20, 2015 7:57 am
Forum: Personal Finance (Not Investing)
Topic: American Express joins Schwab to introduce new credit cards
Replies: 12
Views: 3631

Re: American Express joins Schwab to introduce new credit ca

Well, I'd like to see the details, but I already have one of American Express's Fidelity cards and I'm still pissed at Schwab for getting rid of their card a few years ago, so it would have to be really good for me to be interested. I'm very intrigued by this news, as the losing of Costco upset me....
by jpark1982
Thu Mar 19, 2015 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: [Poll] Do you have an auto loan?
Replies: 72
Views: 8276

Re: Do you have and auto loan?

No, never. We always pay cash for our automobiles. Auto loans are a huge mistake. If you cannot pay cash then buy a bicycle and save up. Serious? I can understand not wanting to have debt, but saying that if you can't buy a car in cash that you should ride a bike? I would venture to say that the ov...
by jpark1982
Wed Mar 18, 2015 11:46 am
Forum: Personal Consumer Issues
Topic: Negotiate daycare rate?
Replies: 24
Views: 6046

Re: Negotiate daycare rate?

I know the daycare that I send my daughter to is fixed in terms of pricing, with the only discount coming when she hits 2.5 yrs old and if/when I decide to send a sibling to the same school.
by jpark1982
Tue May 08, 2012 7:23 pm
Forum: Personal Consumer Issues
Topic: Mortgage help!
Replies: 13
Views: 1932

Re: Mortgage help!

That's pretty surprising that the lowest rate they offered. Most banks for HARP offer rates that are very competitive with the standard rate fo refi, which is often only .125 to .375 higher than the purchase rate.
by jpark1982
Sat Apr 14, 2012 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Is Starwood AMEX still worth it?
Replies: 8
Views: 1867

Re: Is Starwood AMEX still worth it?

I got one in preparation for a Europe trip. It looked like the points to dollar value in Europe was much better than I was seeing in the U.S. One reason I'm not a huge fan of the Starwood card for international usage is the pesky 2.7% foreign transaction fee that exists on this card. It's a shame t...
by jpark1982
Sat Mar 24, 2012 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: to cancel or not to cancel? (credit card)
Replies: 37
Views: 9336

Re: to cancel or not to cancel? (credit card)

I would check your scores and add another prime, rewards card, while sockdrawering the 1st card. I wouldn't even bother putting purchases on it since it seemed to be one of those sleezy cards that accumulates interest from day 1. If/when it closes it'll still remain as a positive tradeline on your c...
by jpark1982
Sat Mar 24, 2012 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Why does anyone use American Express?
Replies: 146
Views: 293096

Re: Why does anyone use American Express?

I used to be a big supporter of American Express but they're starting to lose their appeal to me. I started out with the regular Gold card with MR points in 2006, added the Blue Cash in 2007, then the Clear in 2008. Finally last year added the Platinum, then Premier Rewards Gold card. But I'll give ...
by jpark1982
Sat Mar 17, 2012 7:51 am
Forum: Personal Finance (Not Investing)
Topic: money management for newlyweds!
Replies: 31
Views: 2286

Re: money management for newlyweds!

I'm newly married as well (10 months in). I'm also the sole income earner in the house, my wife is still in school for nursing then plans on being a SAHM for at least the first 1-1.5 years of the baby's life. I'm fortunate comparatively to some of my friends whose wives are also big spenders. Sure m...
by jpark1982
Thu Mar 01, 2012 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: $300 Cashback on New Chase Freedom CC
Replies: 52
Views: 35443

Re: $300 Cashback with New Chase Freedom Credit Card Approva

I was instantly approved this morning! Can I charge dental work, eye exams etc. to meet the $500 spending requirement, or must they be actual purchases of items? As long as it's a valid charge it should count. Just make sure there's no surcharge to d so. I know some places around me which tell you ...
by jpark1982
Thu Mar 01, 2012 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing our home, please help
Replies: 6
Views: 795

Re: Refinancing our home, please help

Sorry, missed the fact that the new rate was 4.875%. But 3% is readily available, and 1.875% would still be huge. 3% is definitely not available is this case of a 30 yr FHA loan, the OP is probably looking around 3.75-4.25 ish. You're not eligible for HARP since it looks like your loan was written ...
by jpark1982
Thu Mar 01, 2012 6:43 pm
Forum: Personal Investments
Topic: Opening First Roth IRA, Fund Help Please
Replies: 9
Views: 994

Re: Opening First Roth IRA, Fund Help Please

Welcome to the forum! 401k: $15,000 in 2045 Vanguard Target, contribute 8% yr.... I'm thinking I should be in the 60/40 or 70/30 range. These two statements are incompatible. If you want 70/30, you should not be holding a target fund that is 90/10. It appears you have picked your target fund by the...
by jpark1982
Tue Feb 28, 2012 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card questions
Replies: 14
Views: 1600

Re: Credit card questions

Set the credit card to autopay and you never have to worry about paying interest and/or late fees. Just because you moved doesn't take away the responsibility to pay for a bill. I'm not sure how long ago this was but you could've setup some sort of alert system to email you whenever a payment is due...
by jpark1982
Mon Feb 27, 2012 1:45 pm
Forum: Personal Investments
Topic: Opening 1st Roth IRA - Help selecting funds
Replies: 21
Views: 1805

Re: Opening 1st Roth IRA - Help selecting funds

What I ended up doing was starting with the Target Retirement 2050 for myself and my wife with $1,000 each. When both hit $3,000 I did an exchange for Wellington for me and the Life Strategy Moderate Growth for her. Both are a nice 60/40 split but weighted differently. The current share price doesn'...
by jpark1982
Tue Feb 21, 2012 11:01 pm
Forum: Personal Investments
Topic: Buy ScottTrade ETF or Vanguard ETF in a ScottTrade account?
Replies: 10
Views: 1226

Re: Buy ScottTrade ETF or Vanguard ETF in a ScottTrade accou

I opened up a Brokerage account with ScottTrade and I was wondering which ETF I should buy? With ScottTrade's, I won't have to pay any commission and their expense ratios are a little bit lower. But I have a ROTH IRA with Vanguard and I love their funds and ETFs. Which ETF should I buy? the ETF's h...
by jpark1982
Mon Feb 20, 2012 11:05 pm
Forum: Personal Investments
Topic: All Vanguard accounts under one login?
Replies: 64
Views: 10637

Re: All Vanguard accounts under one login?

Thanks for all the feedback everyone, it just strengthens my decision to go with Vanguard and to stop opening so many accounts. I just recently opened one up at TDAmeritrade to see how filing my portfolio with ETFs would go and the $200 cash bonus offer I saw a promotion for certainly wasn't too sha...
by jpark1982
Sun Feb 19, 2012 9:20 pm
Forum: Personal Investments
Topic: All Vanguard accounts under one login?
Replies: 64
Views: 10637

All Vanguard accounts under one login?

After much discussion with my wife as to why we have so many accounts (I'll admit to having many smaller accounts at different companies more so to try and find the perfect setup), I made a concession to consolidate everything as simply as possible. In terms of banking and credit cards we've decided...
by jpark1982
Thu Feb 16, 2012 9:53 am
Forum: Personal Investments
Topic: How to deal with ETFs in a IRA? (Let funds sit in cash?)
Replies: 4
Views: 575

How to deal with ETFs in a IRA? (Let funds sit in cash?)

I'm looking to open an account at TD Ameritrade after much consideration and debate. I'm especially drawn to the Commission free Vanguard ETFs and since the last time I checked I see that they added a cash managment portion to their account services, so I can act as a one stop shop for everything. N...
by jpark1982
Fri Feb 10, 2012 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: New Car - Lease or Buy?
Replies: 16
Views: 1863

Re: New Car - Lease or Buy?

One other thing to consider is with the lease you'd almost assuaredly be over the mileage for the the term of the lease if your commute really is that long. Also the offers they advertise are for Tier 1 or Tier 1+, whereas you say that your credit is not that great.
by jpark1982
Sun Jan 29, 2012 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax: Online or Disc?
Replies: 36
Views: 14697

Re: Turbo Tax: Online or Disc?

I ended up downloading Turbo Tax Deluxe from Amazon's download service and ended up getting $25 off of Quicken Premier 2012 since I've been meaning to get Quicken for the past few years and now that my portfolio is starting to grow I figured now is better than ever to spring for Quicken Premier.
by jpark1982
Fri Jan 27, 2012 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: CC Reward offers - Why do you need to activate/enroll?
Replies: 7
Views: 857

Re: CC Reward offers - Why do you need to activate/enroll?

No it doesn't opens new line or add something to your report. It's more for marketing it seems. If you're so worried about 'accidentally' applying for credit you should put a security freeze on your reports. And for the person who said that they don't have the time or energy to keep on signing up. T...
by jpark1982
Thu Jan 26, 2012 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Kinda steamed at PenFed over the switch to 0.25%
Replies: 30
Views: 2812

Re: Kinda steamed at PenFed over the switch to 0.25%

While most of you guys seem to prefer cash back cards, I must be the only one that likes the flexibilty of having points cards. In particular right now I'm loving the Chase checking/Chase Freedom/Chase Sapphire Preferred combo that I'm using. Between trying to maximize the 5% categories each time, g...
by jpark1982
Thu Jan 19, 2012 7:20 pm
Forum: Personal Investments
Topic: Starting 2 new Roth IRAs, the same fund?
Replies: 8
Views: 817

Starting 2 new Roth IRAs, the same fund?

I'm looking to start a new Roth IRA for myself and my wife. We're looking to start with a TR fund from Vanguard. Would it make sense to fund both with $1,000 and start with the same 2 funds or would that overlap? We're both age 29 and I feel pretty comfortable with the TR2050 fund. I would fund both...
by jpark1982
Wed Jan 18, 2012 9:47 am
Forum: Investing - Theory, News & General
Topic: Might be a silly question about Morningstar
Replies: 2
Views: 408

Might be a silly question about Morningstar

Very quick question, if I compare 2 different funds on the morningstar website, does the past performance take into account the expenses? Meaning if one fund has a 0.21% ER and the other one has a 1.05% ER, and the higher ER is the same or even has a higher past performance track, does that mean tha...
by jpark1982
Fri Jan 13, 2012 6:28 pm
Forum: Personal Consumer Issues
Topic: Buying refurbished Dare I say...Apple
Replies: 22
Views: 3182

Re: Buying refurbished Dare I say...Apple

I've had good experience with buying refurbished directly from Apple. Bought an iPad 1 the day that the iPad 2 was announced for $150 off the retail price and it came with a brand new battery and looked 100% the same as new.
by jpark1982
Thu Oct 20, 2011 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Credit card bonuses
Replies: 19
Views: 2338

Re: Credit card bonuses

One mile on a credit card does not equal one physical mile. Each airline has a award chart on their website. For continental for a super saver ticket its 25,000 for a round trip ticket in the US. Think about it. From New York to Boston is about 250 miles. By your calculation that would mean 250 mile...
by jpark1982
Tue Sep 27, 2011 11:43 am
Forum: Personal Finance (Not Investing)
Topic: PenFed creditcard
Replies: 12
Views: 1953

Penfed also uses the same credit pull so you already took the inquiry when you refid the car might as well have gotten the card, especially the Visa with the 5% off gas.
by jpark1982
Thu Jun 23, 2011 9:11 pm
Forum: Personal Consumer Issues
Topic: Best PC for $500 - $800
Replies: 45
Views: 3892

Here's what I'm thinking: http://www.walmart.com/ip/Dell-s7100-3012NBK/15120476 and this as the http://www.newegg.com/Product/Product.aspx?Item=N82E16820148441 I'll wipe the HDD and load the OS and all program files on the SSD. I'll treat the HDD as a backup drive and treat it as a large file drive...
by jpark1982
Tue Jun 14, 2011 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: More banking questions
Replies: 21
Views: 3522

I was responding to jpark's comment about buying Vanguard mutual funds for free. So are you able to buy Vanguard mutual funds for free through Merrill Edge? Yes, VG funds are free of transaction costs. I had about 5k in my CMA account and was DCA into vanguard funds no problem. The 25k is for stock...
by jpark1982
Tue Jun 14, 2011 8:02 am
Forum: Personal Finance (Not Investing)
Topic: More banking questions
Replies: 21
Views: 3522

I'll post some of my observations about various options that you listed. Schwab + You can request a secure Verisign device for your account. One of those key tokens that generates a 6 digit passcode to enter. It increases security but I've heard that it causes issues for anyone who uses an online mo...
by jpark1982
Tue Jun 14, 2011 6:13 am
Forum: Personal Consumer Issues
Topic: Looking for a good work bag
Replies: 25
Views: 6158

Check out the bags from Kenneth Cole. They have a to online and if you have an outlet near you, you can probably pick one up for under $100. I have a few from there that are leather but right now my go to bag is one from Banana Republic.
by jpark1982
Sun Jun 05, 2011 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Debit card fraud on the rise
Replies: 13
Views: 1650

That's why I keep my debit card linked to a secondary checking account that has little to know money in it. The only time that I use it is at the ATM where I can select the account I want to withdraw funds from. Linking a debit card to your primary checking is just asking for trouble.
by jpark1982
Sun Jun 05, 2011 7:17 am
Forum: Personal Consumer Issues
Topic: Would you spend more to support a local business?
Replies: 42
Views: 2948

I do this to a smaller degree such as the place that I get my hair cut, since I know the owner and they're a family friend so they give me a discount I'll go to my bank and pull cash from the ATM to pay if I don't have any with me. There's times that I'll pay cash for a mom and pop store to save the...
by jpark1982
Fri Jun 03, 2011 6:02 pm
Forum: Personal Consumer Issues
Topic: Alaska cruise vacation and Vancouver travel tips
Replies: 29
Views: 3339

I'm interested to hear the replies to this thread, as I'm planning a Alaska cruise for my parents next year for my dad's 60th birthday. How long is the trip for you guys? My sister's going to be living in Seattle soon, so I'm thinking of sending them to her first, and have them take the cruise upwar...
by jpark1982
Sat May 28, 2011 1:44 pm
Forum: Personal Consumer Issues
Topic: How do you organize your pockets?
Replies: 106
Views: 12810

Left Front - Cell Phone
Right Front - I use the Pocket Organizer from LV that's basically 3 credit card slots, my driver's license, and a secret $20-50 tucked in.
Right back - Keys
by jpark1982
Sat May 28, 2011 1:42 pm
Forum: Personal Consumer Issues
Topic: Dorm, home, or apartment for new student?
Replies: 25
Views: 2194

I spent my first two years in the dorm learning how to be self reliant and live on my own. Had a part-time job and my parents deposited $50 weekly into my account for spending money. After living the first 2 years on campus I decided to commute from home, arranged my schedule down where I was only g...
by jpark1982
Wed May 25, 2011 7:46 pm
Forum: Personal Consumer Issues
Topic: Camcorder for a dummy
Replies: 14
Views: 1615

Just a quick heads up, Cisco is discontinuining the Flip camcorder. iSkysoft makes a great program that converts almost all video (including M2TS which my Sony HD camcorder uses) into what format you're looking to save it to. What I do is Step 1 - Shoot video Step 2 - Connect via USB Step 3 - Copy f...