Search found 8 matches

by jamc
Sat May 05, 2012 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Admiral Shares or ETF'S?
Replies: 35
Views: 4231

Re: Admiral Shares or ETF'S?

I used ETFs for a while but have switched to admiral shares. I make automatic contributions every month and you can only do that with mutual funds. ETFs require you to estimate how many shares you can buy based on the previous day's valuation. You have to take into account the bid ask spread, and th...
by jamc
Sat May 05, 2012 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 12
Views: 1656

Re: Long term care insurance

As previous postes pointed out, there are several long discussions about LTC ins. My husband and I chose to take out a policy, but he was 58 and I was 62 at the time. I would not even consider it in my 30's. I'd wait until I was in my 50's to start researching and if I did decide to buy it, I'd do ...
by jamc
Mon Apr 30, 2012 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 12
Views: 1656

Long term care insurance

My wife and I are considering buying long term care insurance. We are 36 (me) and 39 and we have two young children. We expect hopefully to have significant assets when we retire beyond our home. We already have term life and disability insurance. We both have small extended families and would not b...
by jamc
Mon Apr 30, 2012 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: The ole' question--to pay off the mortgage or not.
Replies: 42
Views: 3548

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

There are two schools of thought on this one. 1) The quantitative school of thought. You should crunch the numbers and see which option is better -- paying down the mortgage early or investing the money instead. With interest rates as low as they are, my guess is that the real cost of your carrying ...
by jamc
Thu Apr 26, 2012 12:07 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1494228

Re: What Book Are You Currently Reading? Part V

The Immortal Life of Henrietta Lacks by Rebecca Skloot

Zeitoun by Dave Eggers
by jamc
Mon Apr 23, 2012 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Med school at 29 year old, is this a viable plan?
Replies: 89
Views: 8076

Re: Med school at 29 year old, is this a viable plan?

by the way, there are many medical students who are age 29 and older and they generally have no problems doing very well because they are more mature and are more committed to practice medicine because they have had other life experiences beforehand. I had one classmate who began med school at age 5...
by jamc
Mon Apr 23, 2012 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Med school at 29 year old, is this a viable plan?
Replies: 89
Views: 8076

Re: Med school at 29 year old, is this a viable plan?

The first question I would ask "is medicine something I really have a strong interest/passion for?" Then I would think about the likelihood that I would finish the long process: pre med school prep, med school 4 yrs, post graduate training 3-9 yrs. If you can answer both questions in the affirmative...
by jamc
Mon Apr 23, 2012 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Why does anyone use American Express?
Replies: 146
Views: 284632

Re: Why does anyone use American Express?

I used to use american express until I realized I wasn't getting what I needed to out of the card given the annual fee. I switched to discover card which pays cash back 2-5% on all items. I like the flexibility of their rewards program -- i.e. I can see exactly how much I have in cash back and then ...