Search found 335 matches

by novastepp
Tue Feb 19, 2013 7:47 pm
Forum: Investing - Theory, News & General
Topic: What % of your income are you saving for retirement?
Replies: 228
Views: 32128

Re: What % of your income are you saving for retirement?

...and the best grammar.

My wife and I save around 40% of our gross income. I max out 403b and 457 plans each year. My University places 15% of my gross salary into my GSRA. My wife contributes up to her company match of 3% of her salary. We also max out our Roth's each year.
by novastepp
Sun Apr 29, 2012 10:14 pm
Forum: Investing - Theory, News & General
Topic: Why 'Sell in May' doesn't work for investors
Replies: 37
Views: 4626

Re: Why 'Sell in May' doesn't work for investors

Through my graduate studies I have been intrigued at the difference between perception and reality, perceived needs and actual needs. With investing, one's perceptions more often become a reality that almost anywhere else. I may think that the next few months will be more volatile than those near th...
by novastepp
Sun Apr 29, 2012 10:00 pm
Forum: Personal Investments
Topic: The ole' question--to pay off the mortgage or not.
Replies: 42
Views: 3646

Re: The ole' question--to pay off the mortgage or not.

Options are options are options. No one knows the future of the stock market as much as they don't know the future of the housing market. One or Both or Neither could increase or decrease dramatically very soon! But who cares... The turth is, these decisions vary from person to person. Would you rat...
by novastepp
Sun Apr 29, 2012 9:54 pm
Forum: Personal Investments
Topic: 3-5 year investment
Replies: 19
Views: 3581

Re: 3-5 year investment

I don't intend to sound rude, but based on what the OP said in the initial posting, I-Bonds is the answer. Keep it simple. Take a decent return (considering this savings climate) and enjoy the return on inflation.
by novastepp
Mon Apr 16, 2012 9:01 pm
Forum: Personal Investments
Topic: Smartest Financial Move You Ever Made
Replies: 139
Views: 20148

Re: Smartest Financial Move You Ever Made

Paid off my debts early and I turn 27 this year. No debt = peace of mind.
by novastepp
Sun Apr 08, 2012 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: Good idea to buy a second home and rent the first one?
Replies: 25
Views: 3282

Re: Good idea to buy a second home and rent the first one?

If you are looking for honest advice, then mine is not to dip into your emergency fund during a pregnancy. I hope that everything goes 100% positively before, during, and after the birth of your next child, and if it does, it may still cost you more than you expect. Keep your savings high and enjoy ...
by novastepp
Sat Mar 31, 2012 9:51 pm
Forum: Investing - Theory, News & General
Topic: Theoretical question on VGHCX
Replies: 19
Views: 1680

Re: Theoretical question on VGHCX

Comparing a population to a few people you saw at Walmart is not teh same thing. However there is a trend toward the United States population becoming overweight. Correlation might suggest: increased number of people overweight, more healthcare expenditures. However correlation does not imply causal...
by novastepp
Wed Mar 21, 2012 9:57 pm
Forum: Personal Consumer Issues
Topic: highest paying job
Replies: 46
Views: 9393

Re: highest paying job

personal shopper
by novastepp
Wed Mar 21, 2012 9:43 pm
Forum: Personal Consumer Issues
Topic: The crop of small sedans: Cruze, Focus, Elantra, 3...
Replies: 82
Views: 7014

Re: The crop of small sedans: Cruze, Focus, Elantra, 3...

I drive a 2011 Chevy Cruze Eco. The land around here (Midwest) is fairly flat. I drive two speeds on the interstate. When I'm using the cruise at 55mph, I get ~50mpg+ easily. When I cruise at 65mph I get around 40-45mpg. I am very pleased with the mileage and the car can even fit a carseat in the ba...
by novastepp
Sun Mar 18, 2012 10:29 pm
Forum: Investing - Theory, News & General
Topic: Is a 2012/2013 Market Collapse Inevitable?
Replies: 49
Views: 5854

Re: Is a 2012/2013 Market Collapse Inevitable?

It took him a page to say that when we, as a country, decide to finally balance our budget and reduce our debts, we will have to deal with some tough times.
by novastepp
Sun Mar 18, 2012 10:27 pm
Forum: Personal Investments
Topic: Apple Stock
Replies: 54
Views: 5644

Re: Apple Stock

The Wizard wrote:The reason for AAPL's decline will be lack of product innovation.
After iPhone5, then what?
Check back here in two years...

iTV
by novastepp
Wed Mar 14, 2012 9:51 pm
Forum: Investing - Theory, News & General
Topic: Market Update: A Real Recovery, or a False Start?
Replies: 33
Views: 2275

Re: Market Update: A Real Recovery, or a False Start?

Tonight during my lecture I actually said, "It's a job well done when it's done well."

Haha, I don't know if it really applies to anything in this thread, but I immediately thought of this site and wanted to share.
by novastepp
Wed Mar 14, 2012 9:25 pm
Forum: Investing - Theory, News & General
Topic: The Extraordinary Popular Delusion of Bubble Spotting
Replies: 127
Views: 9888

Re: The Extraordinary Popular Delusion of Bubble Spotting

The dollar could be a bubble. To bubbles existing, spotting them, and acting on them... human behavior is not rational. Individual behavior is required to analyze the bevahior of a group, but is not simply sufficient to define it. Group behavior consists of many different individual behaviors, but n...
by novastepp
Thu Mar 08, 2012 5:12 pm
Forum: Investing - Theory, News & General
Topic: Poll: Will we ever see a market drawdown >75% again?
Replies: 51
Views: 4507

Re: Poll: Will we ever see a market drawdown >75% again?

Some nights I go to sleep wondering. And I fall asleep. And I mean like a log, Brother.
by novastepp
Fri Mar 02, 2012 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: How do you teach your children to save?
Replies: 16
Views: 1871

Re: How do you teach your children to save?

Use jars for (Spend, Save, Invest, Give) No interest in spend. Small interest in save, with a small increase in interest if they continue to save "routinely". Moderate interest in invest as long as they continue to invest and money must be invested for "a long time". Give is for charity. An idea or ...
by novastepp
Sun Feb 26, 2012 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is budgeting necessary if you live a simple and frugal life?
Replies: 100
Views: 7120

Re: Is budgeting necessary if you live a simple and frugal l

I wonder how much of this discussion (and the associated poll) is being derailed by different interpretations of the word "budget". "Budget" is like "diet." Some interpret diet as a strict sequence of specific meals of specific portion sizes. For others diet is a set of general rules and preference...
by novastepp
Thu Feb 23, 2012 9:12 am
Forum: Personal Investments
Topic: Stocks that return 20% to 30% in a flat market
Replies: 93
Views: 7341

Re: Stocks that return 20% to 30% in a flat market

Have you incorporated costs and taxes in your % return statements? I'd be more interested in after costs and after tax returns. Costs are incorporated in the return and in the figures shown in the previous image of the account. Optionshouse has become my favorite place to trade other than Wells Far...
by novastepp
Wed Feb 22, 2012 10:28 pm
Forum: Personal Investments
Topic: Stocks that return 20% to 30% in a flat market
Replies: 93
Views: 7341

Re: Stocks that return 20% to 30% in a flat market

Have you incorporated costs and taxes in your % return statements? I'd be more interested in after costs and after tax returns.
by novastepp
Fri Feb 17, 2012 9:23 pm
Forum: Personal Investments
Topic: back-testing TIAA-CREF performance
Replies: 23
Views: 2790

Re: back-testing TIAA-CREF performance

Yes, Marc, as previously noted by jjustice the fund is not entirely passive. Thanks for the added info.
by novastepp
Thu Feb 16, 2012 10:32 pm
Forum: Personal Investments
Topic: back-testing TIAA-CREF performance
Replies: 23
Views: 2790

Re: back-testing TIAA-CREF performance

Thanks for the update regarding the split!
by novastepp
Thu Feb 16, 2012 10:02 am
Forum: Personal Investments
Topic: back-testing TIAA-CREF performance
Replies: 23
Views: 2790

Re: back-testing TIAA-CREF performance

Morningstar has this data. Maybe not easy to get the daily NAVs that way, but if you want to create charts... Here's the one for CREF Stock: http://quote.morningstar.com/fund/chart.aspx?t=US1944088038®ion=USA&culture=en-us You can find the others the way I did. Include "site:morningstar.com" in ...
by novastepp
Wed Feb 15, 2012 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off low interest student loans early -- a mistake?
Replies: 71
Views: 16538

Re: Paying off low interest student loans early -- a mistake

I would make payments I was comfortable with until interest rates go up (if they go up) and I can earn more in a savings account or CD.

If you feel burdened just finish them off.
by novastepp
Mon Feb 13, 2012 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to best broach the I'm underpaid subject at work.
Replies: 67
Views: 5853

Re: How to best broach the I'm underpaid subject at work.

Ask yourself, "What does it take to get the raises/bonuses I want?" If you don't have specific answers, then that's what you ask your boss. Do exactly what he/she prescribes and maybe a little more. Then you are prepared for the 'I want a raise" discussion with objective info. I did this and receive...
by novastepp
Mon Feb 13, 2012 9:26 am
Forum: Investing - Theory, News & General
Topic: Post your asset allocation here:
Replies: 136
Views: 15019

Re: Post your asset allocation here:

Asset Allocations : 25 yo; 90/10: stock/bond 30 yo; 85/15 35 yo; 75/25 40 yo; 70/30 50 yo; 60/40 Early Retirement; 50/50 60 yo; 40/60 Normal Retirement; 40/60 I'm 26 right now. VFIFX (90/10) (90= ~70 US/30 Int) (10= total bond index) Only ~$15,000 right now, in 7 years I may slice and dice to save a...
by novastepp
Sat Feb 11, 2012 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Considering a change to Chase Bank
Replies: 52
Views: 5088

Re: Considering a change to Chase Bank

Good or bad, if you decide to do it I always get mail saying that Chase will give me $125 to open a checking account. There are surely stipulations, but its $125 to deal with the "difficulties" of moving your money.
by novastepp
Fri Feb 10, 2012 8:52 pm
Forum: Personal Investments
Topic: Where to invest excess cash?
Replies: 10
Views: 2476

Re: Where to invest excess cash?

I-Bonds is another good option.
by novastepp
Thu Feb 09, 2012 10:30 pm
Forum: Personal Investments
Topic: 100 year investment
Replies: 38
Views: 2948

Re: 100 year investment

Remember too that at some point this 100-year portfolio will be 1 year away from being used. Do you want to be 100% in stocks during that last year? May want to include a provision that changes allocation every 25 years or so, or a provisison that at least reduces risk during the last 10-15 years; ...
by novastepp
Thu Feb 09, 2012 4:48 pm
Forum: Personal Investments
Topic: 100 year investment
Replies: 38
Views: 2948

Re: 100 year investment

Remember too that at some point this 100-year portfolio will be 1 year away from being used. Do you want to be 100% in stocks during that last year? May want to include a provision that changes allocation every 25 years or so, or a provisison that at least reduces risk during the last 10-15 years; y...
by novastepp
Sun Feb 05, 2012 11:00 am
Forum: Personal Investments
Topic: Need help cleaning up/simplifying
Replies: 7
Views: 887

Re: Need help cleaning up/simplifying

VFIFX (Vanguard Target Retirement Fund- 2050) matches your desired allocation almost perfectly. Just giving you a one fund, very simple, option.
by novastepp
Sat Feb 04, 2012 10:19 am
Forum: Personal Investments
Topic: Anybody else uneasy with the recent gains?
Replies: 36
Views: 2990

Re: Anybody else uneasy with the recent gains?

Most of the people who become uncomfortable with gains are people who are also uncomfortable with the amount of equity in their portfolio; maybe unknowingly.
by novastepp
Fri Feb 03, 2012 10:34 am
Forum: Personal Finance (Not Investing)
Topic: More aggressive
Replies: 39
Views: 3954

Re: More aggressive

Coachz, there are just times when the stock market is sucky and this is one of those times. They can last a long time, like 1966 through 1982 (17 years). I think you're on the wrong track. When you say "this isn't working," the point is that the reason it "isn't working" is precisely because you ha...
by novastepp
Mon Jan 30, 2012 11:12 pm
Forum: Investing - Theory, News & General
Topic: Inflation; Total Bond Market; GNMAs; and TIPS
Replies: 18
Views: 3480

Re: Total Bond Market; GNMAs; TIPS and Inflation

I just find enjoyment in the fact that last year at this time, all the media "know-it-alls" were saying that inflation was coming and to dump bonds, especially long-term bonds. My long-term bond holdings did wonderfully. My dad, who is nearing retirement, pulled in a beautiful double digit return la...
by novastepp
Sat Jan 21, 2012 1:43 pm
Forum: Personal Investments
Topic: Time to overweigh International?
Replies: 50
Views: 4814

Re: Time to overweigh International?

Sounds like one of those, "Guarantees" that interest rates were going to sky rocket.

My allocations haven't changed. Not then, not now, and I'm doing fine.
by novastepp
Sat Jan 21, 2012 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Cubicle talk
Replies: 36
Views: 3544

Re: Cubicle talk

This is great. :lol
by novastepp
Sun Jan 15, 2012 8:43 pm
Forum: Investing - Theory, News & General
Topic: People say "don't buy bond funds now". Market timing?
Replies: 59
Views: 8192

Re: People say "don't buy bond funds now". Market timing?

Consider that most pople who say that now isn't a good time to buy bonds are not using them correctly for their underlying, intended purpose. Bonds are used by Bogleheads as a way to diversify away from equity. There's nothing wrong with holding bonds for income or safety You're right, but within t...
by novastepp
Sun Jan 15, 2012 1:57 pm
Forum: Investing - Theory, News & General
Topic: People say "don't buy bond funds now". Market timing?
Replies: 59
Views: 8192

Re: People say "don't buy bond funds now". Market timing?

Consider that most pople who say that now isn't a good time to buy bonds are not using them correctly for their underlying, intended purpose. Bonds are used by Bogleheads as a way to diversify away from equity. Others prefer cash, savings accounts, gold, whatever. The point is that bonds should be u...
by novastepp
Fri Jan 06, 2012 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend moving in, lots of student loan debt
Replies: 69
Views: 13742

Re: Girlfriend moving in, lots of student loan debt

100% trust and commitment to one another means you two should be talking about this.
by novastepp
Thu Jan 05, 2012 9:07 pm
Forum: Investing - Theory, News & General
Topic: 10 Best Stocks for 2012...er....2011
Replies: 15
Views: 1968

Re: 10 Best Stocks for 2012...er....2011

Awesome thread. Makes me feel good about my investing strategy.
by novastepp
Thu Jan 05, 2012 9:00 pm
Forum: Investing - Theory, News & General
Topic: What is the single most important investing belief?
Replies: 128
Views: 11420

Re: What is the single most important investing belief?

Take the time to invest in yourself.
by novastepp
Sat Aug 20, 2011 1:50 pm
Forum: Personal Investments
Topic: For those holding VIPSX
Replies: 7
Views: 2052

For those holding VIPSX

http://news.morningstar.com/articlenet/ ... ?id=392229

This article will be of interest to you.
by novastepp
Wed Aug 17, 2011 10:03 pm
Forum: Investing - Theory, News & General
Topic: Asset allocation does not matter
Replies: 49
Views: 6324

You don't need PhD level math to understand why the 75/25 is better than the 25/75 (stocks/bonds). The benefit lies in simple dollar cost averaging (DCA). Buying in periodically in a more volatile market will provide greater returns than a less volatile market. One cannot look at simply at a begginn...
by novastepp
Wed Aug 10, 2011 9:44 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 347
Views: 337690

Great post. Rings truer with each passing day.
by novastepp
Fri Jul 15, 2011 11:23 am
Forum: Investing - Theory, News & General
Topic: No more paper savings bonds
Replies: 207
Views: 36558

Pissed
by novastepp
Tue Jul 05, 2011 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Limiting your career by not moving
Replies: 24
Views: 4417

Don't hold back your life by trying to move your career forward. They are not the same and at times like the one you are describing, it may be a mistake to compare them. My family (dad) faced this years ago. Together, we worked to make our lives everything that existed outside of work. It worked out...
by novastepp
Tue Jul 05, 2011 9:15 am
Forum: Investing - Theory, News & General
Topic: MSNBC: Dow will fall to 7000
Replies: 25
Views: 5973

I might be possibly licking my lips to maybe buy if this happens which may or may not happen. Provided you still have a job, or if you do, provided you are not taking care of parents or siblings who go bust. I understand the value of buying in a down market, provided it recovers in a timely fashion...