Search found 49 matches

by Cooperd0g
Tue Mar 22, 2016 1:10 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Credit Card Rewards
Replies: 39
Views: 4140

Re: Maximizing Credit Card Rewards

It's not a bad idea, but it seems really hard to buy the gift cards with a credit card right now. I haven't seen that in a year or so. Most stores stopped taking credit cards to buy them.
by Cooperd0g
Tue Mar 22, 2016 1:06 am
Forum: Personal Finance (Not Investing)
Topic: Take Small Mortgage or TSP Loan?
Replies: 11
Views: 1144

Re: Take Small Mortgage or TSP Loan?

I would do the TSP. On a related note, people always seem to talk about the "missed" opportunity from using the tsp or other 401(k) loans. But in reality one probably has fixed income part of their portfolio anyway. If the liability amount is similar to the fixed income allocation you lose...
by Cooperd0g
Tue Mar 22, 2016 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Prepay mortgage vs invest for 2nd home down payment?
Replies: 6
Views: 1061

Re: Prepay mortgage vs invest for 2nd home down payment?

I don't like option 2 at all. The main difference between 1 & 3 in my opinion is how secure you feel your employment is and how you feel about cash flow. Option 4 could be to pay off the mortgage while setting aside part of your portfolio to a safer investment to be your down payment later. You ...
by Cooperd0g
Wed Nov 19, 2014 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Re: Borrowing from TSP for lot purchase

Cooperd0g, Assume your worst fears: The development sells out and there are no other developments that suit your needs. Do you think that five years from now none of those owners would consider selling their land? Also, as I asked before, I wonder what carrying costs ( e.g. , property taxes, insura...
by Cooperd0g
Wed Nov 19, 2014 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Re: Borrowing from TSP for lot purchase

I am legitimately interested in opinion, especially articulate ones with reason other than blanket statements like "never do X." My question has more to do with if I decide to buy it then is it a good idea to borrow from the TSP as opposed to trying to borrow from a bank/seller/family. As ...
by Cooperd0g
Wed Nov 19, 2014 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Re: Borrowing from TSP for lot purchase

TimeRunner wrote:Sometimes emotion rules logic, and no matter how the math shakes out, the heart stands in the way. :wink:


For sure. I know the best financial move would be to wait, save and pay cash.
by Cooperd0g
Wed Nov 19, 2014 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Re: Borrowing from TSP for lot purchase

jimb, I understand your math examples, but you are also comparing a guaranteed savings versus a hypothetical return. The market could very well go down 7 points a year over the same time I'm paying the loan back. Also, I will have cash for the balance above the $50k loan.
by Cooperd0g
Wed Nov 19, 2014 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Re: Borrowing from TSP for lot purchase

Yes, general purpose loan. I wouldn't need longer than 3-5 years to pay it off anyway. Possibly less than 3. The lot is 3 acres. A cabin would be built first and then a house later, but the cabin would remain. It would not be torn down. The property is on an airpark that has 27 lots total with only ...
by Cooperd0g
Wed Nov 19, 2014 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Re: Borrowing from TSP for lot purchase

I would borrow $50k from the TSP and have cash for the balance. The property is in the $70-80k range. Payment on the loan is not going to be a problem on a 5 year term and I would likely pay it off in 3 years. I won't buy until after I visit the are this coming spring. I already know I love the over...
by Cooperd0g
Tue Nov 18, 2014 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from TSP for lot purchase
Replies: 34
Views: 4129

Borrowing from TSP for lot purchase

I currently max out my TSP, Roth IRA and my wife's IRA. We keep our expenses pretty low and were able to pay off all of her student loans a few months ago. We are looking at buying a lot in a few months time that would eventually serve as a vacation property and then retirement home. Our goal is to ...
by Cooperd0g
Wed Oct 15, 2014 9:07 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Strategies
Replies: 4
Views: 628

Re: Withdrawal Strategies

I appreciate that feedback about delaying social security, but that part is out of my hands. He doesn't want to delay taking social security. He is planning to work through February so he should be able to contribute to a Roth IRA in 2015 as well. With his expected social security and a 4% withdrawa...
by Cooperd0g
Wed Oct 15, 2014 8:35 am
Forum: Investing - Help with Personal Investments
Topic: Withdrawal Strategies
Replies: 4
Views: 628

Withdrawal Strategies

I have been helping my father, at his request, with organizing his finances over the last few years as he approaches retirement. He is selling his house right now and plans to live with family until the spring when he will stop working and take his motorcycle to Eurpoe and travel full time. He will ...
by Cooperd0g
Sun Feb 02, 2014 9:14 am
Forum: Investing - Help with Personal Investments
Topic: TSP over contribution
Replies: 8
Views: 1654

Re: TSP over contribution

Thanks, that is the same document I found and just was looking for confirmation I was on the right track. It is just a little frustrating since it isn't supposed to happen. Though the TSP-44 form says not to file it if I don't have any other plans because they will automatically refund the excess. A...
by Cooperd0g
Sun Feb 02, 2014 8:05 am
Forum: Investing - Help with Personal Investments
Topic: TSP over contribution
Replies: 8
Views: 1654

TSP over contribution

I am active duty military and receive no match. I followed all the information on the TSP website, which was to take the total amount ($17,500) and divide by 12. Then round up to the nearest dollar to ensure you max out the annual contribution. The TSP is supposed to automatically stop pulling money...
by Cooperd0g
Sun Jan 05, 2014 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Best bond fund for taxable account
Replies: 24
Views: 3939

Re: Best bond fund for taxable account

I am in a similar position, but my taxable account has a different timeline than my tax advantaged retirement accounts. I have 12 years left in the military. My pension and part time work will get me through until 59.5. My taxable account is being set up to pay for my post-military retirement home. ...
by Cooperd0g
Sat Jan 04, 2014 7:05 pm
Forum: Personal Consumer Issues
Topic: What does a Bogle TV look like?
Replies: 78
Views: 6542

Re: What does a Bogle TV look like?

Well, this guys TV is a pretty sweet 42" Samsung Smart LED TV. My wife's parents bought it for her. I got an awesome TV and it didn't cost me a dime.
by Cooperd0g
Thu Dec 12, 2013 3:35 pm
Forum: Investing - Theory, News & General
Topic: VTSAX vs VTIAX
Replies: 4
Views: 2551

Re: VTSAX vs VTIAX

I think it is fine either way, but I did like Rick's blog article. http://www.rickferri.com/blog/investments/foreign-stocks-for-the-long-run/ To keep the costs low I was in VTSAX only until I had enough that 30% was over the $10,000 minimum for VTIAX. Now I'm 70/30. Once I get it built up a bit more...
by Cooperd0g
Thu Dec 12, 2013 3:23 pm
Forum: Investing - Theory, News & General
Topic: Achievement based Allocation
Replies: 9
Views: 1072

Re: Achievement based Allocation

If I was already way far ahead of plan I would throttle back the risk.
by Cooperd0g
Thu Dec 12, 2013 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Affordability of new home
Replies: 21
Views: 2971

Re: Affordability of new home

If you want to enjoy the flexibility and personal satisfaction of being financially independent, which will allow you to change jobs easily or quit entirely then I would wait to buy a house and seriously rethink the idea of a $550,000 place. You didn't give a zip code, but in many places in south Fl...
by Cooperd0g
Thu Dec 12, 2013 6:57 am
Forum: Investing - Theory, News & General
Topic: TSP Survey on Self-Directed Mutual Fund Window
Replies: 35
Views: 4882

Re: TSP Survey on Self-Directed Mutual Fund Window

I want to vote "not interested" as I agree with TimeRunner - too many people will vary from the excellent existing funds. What many people on this board may not understand is just how financially uneducated and unprepared many of our younger service members are, I was one of them! I only s...
by Cooperd0g
Wed Dec 11, 2013 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans with 0% credit card
Replies: 7
Views: 1882

Re: Pay off student loans with 0% credit card

You can also BT to another credit card that does not have a balance. This will result in a credit balance and you can request a refund. Worked for me when I BTed from Chase Slate (same offer as you) to a Citi credit card. I requested a refund from the Citi credit card and got a check in the mail. T...
by Cooperd0g
Wed Dec 11, 2013 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans with 0% credit card
Replies: 7
Views: 1882

Re: Pay off student loans with 0% credit card

I didn't think about the balance transfer of to the debit card. Did you just say how much you wanted transferred? I just assumed that you put the card number and they figure out what the balance is and then transfer that amount.
by Cooperd0g
Tue Dec 10, 2013 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans with 0% credit card
Replies: 7
Views: 1882

Re: Pay off student loans with 0% credit card

Yeah, sometimes I overthink things. Especially when I'm procrastinating studying.
by Cooperd0g
Tue Dec 10, 2013 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans with 0% credit card
Replies: 7
Views: 1882

Pay off student loans with 0% credit card

My wife and I were recently married and we are tackling her student loan debt. She has an outstanding balance on her student loans of about $8300 at 6.75%. That is after we just paid almost $3000 in the last few weeks. Today I noticed that Chase Slate is offering 0% APR on balance transfers for 15 m...
by Cooperd0g
Sun Dec 08, 2013 9:26 am
Forum: Investing - Help with Personal Investments
Topic: advice for newbie
Replies: 10
Views: 992

Re: advice for newbie

novice13, there is no reason why you can't save for retirement AND save for other goals as well. Many people have both retirement savings and other investment accounts. To avoid tax advantaged retirement accounts completely would be throwing a lot of money away. You should be able to do both.
by Cooperd0g
Fri Nov 08, 2013 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Have you ever moved for lower cost of living?
Replies: 72
Views: 8770

Re: Have you ever moved for lower cost of living?

I have the opportunity to leave the DC area while maintaining my income for the same position in southern Virginia. By my estimates I will save $1000-1500 in expenses per month for pretty much the same standard of living so we are jumping at it. And we can probably do it with my wife dropping to par...
by Cooperd0g
Fri Aug 30, 2013 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Military Tax Prep Advice - Multiple State Issues
Replies: 10
Views: 849

Re: Military Tax Prep Advice - Multiple State Issues

pshonore, according to the Military Spouse Residency Relief Act, when she moved in with me she was not required to change her state of residence. I think there are not common definitions between domicile and residency among states and the feds. She lives in MD with me, but she maintains a VA license...
by Cooperd0g
Fri Aug 30, 2013 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Military Tax Prep Advice - Multiple State Issues
Replies: 10
Views: 849

Re: Military Tax Prep Advice - Multiple State Issues

Thanks grabiner. I'm reading it now for non-residents as I think that is what she qualifies for. Man, if only her company just never took out MD taxes when she moved in with me she wouldn't have to file MD at all. Virginia is going to be another story to find out if she can file separately there.
by Cooperd0g
Fri Aug 30, 2013 5:28 am
Forum: Personal Finance (Not Investing)
Topic: Military Tax Prep Advice - Multiple State Issues
Replies: 10
Views: 849

Re: Military Tax Prep Advice - Multiple State Issues

I know they shouldn't be taking out taxes for both, but she didn't tell me this was happening until recently. She changed her address by moving in with me, but she isn't required to change her legal state of residence because I am military. I didn't think about a state wanting the return to be the s...
by Cooperd0g
Thu Aug 29, 2013 6:21 am
Forum: Personal Finance (Not Investing)
Topic: Military Tax Prep Advice - Multiple State Issues
Replies: 10
Views: 849

Military Tax Prep Advice - Multiple State Issues

I am active duty military currently stationed in Maryland. I am a resident of Nevada so my taxes have been really easy - I filed single for federal and that was it. I recently got married and my wife is a resident of Virginia and works in Virginia. However, since she moved in with me her company now...
by Cooperd0g
Sun Jan 20, 2013 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat Pension in AA?
Replies: 28
Views: 4477

Re: How to treat Pension in AA?

The chart is a good graphical representation of where you think you can put your AA based on the maximum annual income loss you are willing to accept and how much of your income comes from pension/SocSec. I like it.
by Cooperd0g
Sun Jan 20, 2013 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should we consider a 2nd house later this year or just wait?
Replies: 5
Views: 1016

Re: Should we consider a 2nd house later this year or just w

Personally if I could sell without taking a loss then I would sell and buy a slightly larger place. If I can't sell without taking a loss then I make due. Out of town guests can also stay in hotels.
by Cooperd0g
Sun Jan 20, 2013 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation vs Savings Dilemma
Replies: 34
Views: 4190

Re: Vacation vs Savings Dilemma

While it doesn't hurt to save more you also want to live your life. Your savings rate is pretty high already and very tax advantaged. I would worry about saving for the MBA when you know you want to go and have a definitive timeline you can create a savings plan for. But I'm in the military and have...
by Cooperd0g
Sun Jan 20, 2013 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to treat Pension in AA?
Replies: 28
Views: 4477

Re: How to treat Pension in AA?

I count it as an income stream. Then I can determine how much I need in retirement assets to make up the difference between the pension and the desired income. I do invest a bit more aggressively, with a higher weighted stock allocation, because I know I will have the pension. This might get me to m...
by Cooperd0g
Mon Dec 31, 2012 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account for House Savings
Replies: 0
Views: 290

Taxable Account for House Savings

I am at the point where I am maxing out both my TSP and my Roth IRA. I am in the military, will have a pension, am currently a resident of Nevada and plan to retire to either Wyoming or Nevada. I very much like the simplicity of Lifecycle and Target Retirement funds which are used in the TSP and IRA...
by Cooperd0g
Thu May 03, 2012 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Re: Military - Going Back to Medical School

You're in a good place. I'd definitely go USUHS if you get in. Otherwise I think the 4 years toward retirement of the HSCP does make it more attractive than the HPSP (which is twice as attractive as it was when I took it.) I think your focus should be on minimizing loans rather than maximizing reti...
by Cooperd0g
Thu May 03, 2012 6:36 am
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Re: Military - Going Back to Medical School

As a current Air Force medical student, I wonder if you are eligible for HPSP? I applied for both Navy HPSP and HSCP, which is a Navy only program. If I had got into my state school and having the GI Bill, HSCP was a much better option than HPSP. At the private school it is pretty much a wash dolla...
by Cooperd0g
Thu May 03, 2012 6:30 am
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Re: Military - Going Back to Medical School

You may have already looked into this, but does the school you are going to participate in the Yellow Ribbon program for those in medical school? Unfortunately no, they do not participate in the Yellow Ribbon. I applied very broadly and did not receive many acceptances. I am thankful for a spot tho...
by Cooperd0g
Wed May 02, 2012 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Re: Going Back to School

Welcome! The wiki has a number of suggestions to help the US military: Military finances An additional thread: Military Investing Hint: Edit Post #1 and change the subject to "Military - Going Back to Medical School" - you'll get the attention of our members who can help in these areas. T...
by Cooperd0g
Wed May 02, 2012 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Re: Going Back to School

It is unclear whether you are going to medical school for love of medicine or for military benefits. Tell me please that I am wrong. Ha ha, love the judgemenal vibe. I have been in the military either on active duty or the reserves for half of my life so far. I apologize if the sacrifices I have ma...
by Cooperd0g
Wed May 02, 2012 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Re: Going Back to School

I could use the traditional TSP to lower my tax burden, but I figure as I intend to retire from the military the pension will be taxable and always keep me at least in a middle tax bracket. If I use traditional I will be taxed on that later as well. Between that raising my tax base in the future, es...
by Cooperd0g
Tue May 01, 2012 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Military - Going Back to Medical School
Replies: 19
Views: 1895

Military - Going Back to Medical School

Military officer here. I avoided some of the early major pitfalls like USPA & IRA (now First Command) on the advice of a fellow fresh officer who was a finance major in college. I avoided most of the tech bubble of the late 90s/early 2000s and was mostly an index fund guy, though one of my index...
by Cooperd0g
Tue Apr 24, 2012 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Small houses
Replies: 51
Views: 4983

Re: Small houses

How about Monterey or Carmel? But you would have to live in California for that and pay their taxes. Not to mention the insane cost of living there.
by Cooperd0g
Sun Apr 22, 2012 10:32 pm
Forum: Investing - Help with Personal Investments
Topic: Smartest Financial Move You Ever Made
Replies: 139
Views: 18509

Re: Smartest Financial Move You Ever Made

Getting divorced from my spendthrift ex-wife who simply had to beat the Jonses.
by Cooperd0g
Sun Apr 22, 2012 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Though Bogleheadism is in theory based on simplicity...
Replies: 24
Views: 2084

Re: Though Bogleheadism is in theory based on simplicity...

Yeah, the paradox of choice can suck. Do I want/need a car, truck, SUV, wagon? 4, 6, or 8 cylinder? Hybrid or no? Diesel or gas? Exterior color? Interior color? Options? It is never ending because it is like that for everything in our consumer driven nation. Some people can't handle it and get neuro...
by Cooperd0g
Fri Apr 06, 2012 7:07 pm
Forum: Investing - Theory, News & General
Topic: Christine Benz on the TSP
Replies: 23
Views: 2685

Re: Christine Benz on the TSP

Overall, very nice article. One thing to note, however, is a bit of an overstatement on eligibility of agency contributions: "The government contributes 1% of each worker's salary to his or her TSP account, but if the employee leaves before these contributions have vested, that amount gets thr...
by Cooperd0g
Fri Apr 06, 2012 6:51 pm
Forum: Investing - Help with Personal Investments
Topic: ETF vs Mutual Funds
Replies: 11
Views: 1849

Re: ETF vs Mutual Funds

This depends on several factors. Do you have a lump sum to invest? Do you only have a limited amount? Are you planning regular investments? ETFs generally have lower operating costs, but frequent trading and commission fees from your brokerage account will drive up your fees. Most mutual funds have ...
by Cooperd0g
Mon Apr 02, 2012 8:55 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1876
Views: 1157490

Re: The Three Fund Portfolio

I like the three fund approach. I view several possibilities to achieve this goal in my traditional and Roth IRA accounts: 1. Purchase all three of the individual mutual funds and set the allocation per my desire. Pros: Set the allocation and rebalance occasionally as needed. If investing directly w...
by Cooperd0g
Mon Apr 02, 2012 7:08 pm
Forum: Investing - Theory, News & General
Topic: Update on Roth TSP in April Newsletter
Replies: 13
Views: 1486

Re: Update on Roth TSP in April Newsletter

It is interesting that they are requiring the allocation to be the same in both Roth and Traditional side. I wonder if this is because they don't have the administrative requirements to do otherwise set up yet. Perhaps it will be an upgraded feature in the future.