Search found 80 matches

by newtonc
Fri Feb 14, 2020 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: creating a will
Replies: 22
Views: 1474

Re: creating a will

Check the credit unions, mine, the N.C. State Employees Credit Union has a will and trust service where they contract with attorney's and they do a will with a simple trust for $275.00 which includes a Health Care power of attorney.
by newtonc
Sat Feb 08, 2020 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can I spend on a car?
Replies: 59
Views: 5146

Re: How much money can I spend on a car?

I saw a Ford Raptor pick-up at the local dealer's on a Sunday recently, and I thought that was a lot of money for a pick up but it's about what a GMC Denali cost's. This does not mean either are worth the money for me, just that there are some higher prices trucks around. More of a Mustang guy, but ...
by newtonc
Sat Dec 28, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: What is a reasonable attorney fee for establishing a will/trust?
Replies: 27
Views: 4213

Re: What is a reasonable attorney fee for establishing a will/trust?

I live in North Carolina and paid $275.00 at my local Credit Union for a Will, with a Power of Attorney and a Health Care Directive and Heath Care Waiver. The will creates a lifetime trust and other things that I wanted. I think it's a good deal that the Credit Union offers through a group of attorn...
by newtonc
Wed Jul 03, 2019 3:23 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Forester Eyesight System?
Replies: 101
Views: 6412

Re: 2019 Subaru Forester Eyesight System?

I love the adaptive cruise on my 2018 Toyota and the brake assist as well as per-collision system with pedestrian detection, and I like the automatic high beams, don't have the blind spot monitoring though.
It sometime's is annoying but overall I really like everything, especially the adaptive cruise.
by newtonc
Tue Jun 25, 2019 3:09 pm
Forum: Personal Investments
Topic: Index fund (voo) returns?
Replies: 21
Views: 1953

Re: Index fund (voo) returns?

Do what Taylor Larimore suggested and welcome to the board.
by newtonc
Fri May 31, 2019 8:26 am
Forum: Personal Investments
Topic: what to do with small settlement payment?
Replies: 11
Views: 750

Re: what to do with small settlement payment?

Funds paid to settle a personal injury case are tax exempt in North Carolina I assume it's the same for other state's also. I just got a small settlement for an injury and it is tax exempt. I settled with the State of North Carolina and it was a worker's compensation claim.
by newtonc
Wed Feb 27, 2019 10:22 am
Forum: Personal Investments
Topic: Moving from Fidelity to Edward Jones
Replies: 26
Views: 3640

Re: Moving from Fidelity to Edward Jones

I have an account with Fidelity and am very happy with them. Congratulations on the move from EJ to Fidelity and on Fidelity reimbursing the EJ transfer fees.
Have Fidelity and tiaa-cref through my 403(b) retirement at work and like them both!
by newtonc
Fri Feb 22, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: Toyota Sequoia questions
Replies: 89
Views: 5554

Re: Toyota Sequoia questions

In NC here and just google Hertz Car Sales, they have four 2018 used ones for 37000.00 to 40,000.00. Hope this helps!
I love my Toyota Avalon and bought it new about one and a half years ago.
by newtonc
Wed Feb 06, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: which TurboTax version
Replies: 35
Views: 2846

Re: which TurboTax version

Have done my taxes on TurboTax for about 7 years. This year I decided to go with another b/c turbo tax was not doing the state for free at least according to the IRS site, the on the Turbo tax site they said the were. At any rate I ended up paying TurboTax 19,99 for a copy of last years taxes which ...
by newtonc
Wed Feb 06, 2019 9:16 am
Forum: Personal Consumer Issues
Topic: Costco for Mercedes tire set
Replies: 29
Views: 2096

Re: Costco for Mercedes tire set

Sam's Club is pretty good for tires and they have a nice selection and 70-100 dollars off a set of four at various times.
by newtonc
Thu Jan 17, 2019 11:30 am
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 59478

Re: John Bogle has died at age 89

I am sad that he has died and hope he RIP, he did a lot of good for the average person and sure helped me out. Really liked listening to him and reading his articles and will miss him.
by newtonc
Wed Jan 16, 2019 3:10 pm
Forum: Personal Investments
Topic: 100% in VTSAX - Is it crazy???
Replies: 87
Views: 13034

Re: 100% in VTSAX - Is it crazy???

I bought VTSAX a year ago and some VTI (an ETF) and am happy with them both. But I also own stable value funds and index funds in my 401(K) account from work. It would pay you to buy a little bit of some other fund, like $1000.00 and maybe add some money as you are more confident and then buy anothe...
by newtonc
Thu Dec 13, 2018 8:44 pm
Forum: Personal Investments
Topic: 34 year old doctor needing help with 401k fund selection
Replies: 14
Views: 1446

Re: 34 year old doctor needing help with 401k fund selection

Low fee index funds is the main thing to remember, also I have a Stable Value Fund with a guaranteed return of around 2% or 2.25% where I have 35% of my money. Did I mention Low fee index funds oh yea and Low fee index funds. :D :happy
The Stable Value Fund allows you to sleep better at nights.
by newtonc
Thu Dec 13, 2018 11:08 am
Forum: Personal Investments
Topic: 34 year old doctor needing help with 401k fund selection
Replies: 14
Views: 1446

Re: 34 year old doctor needing help with 401k fund selection

The T Rowe Price Blue Chip Growth has has excellent returns but is a little higher cost, YTD 10.00% cost 0.56. Just take 5 or 10 percent of your 500 Index. This is a very good fund but a bit pricey.
by newtonc
Wed Dec 12, 2018 3:47 pm
Forum: Personal Investments
Topic: High Expense 403B
Replies: 24
Views: 1108

Re: High Expense 403B

I work for NC and can't believe that right next door in Virginia teachers are given such a poor choice in their 403(b) plans. What a shame.
Check your fee's and COMPLAIN to your legislators that's what we did in NC and we got rid of the State Treasurer. Good luck!
by newtonc
Sat Oct 20, 2018 4:23 pm
Forum: Personal Investments
Topic: Heavy Loss in Stable Value Fund of 401k investments
Replies: 46
Views: 8915

Re: Heavy Loss in Stable Value Fund of 401k investments

We have Galliard Capital Management as the investment advisor and 5 different insurance companies as the contract issuers. The state of NC has had these folks for about 8 years and we know going in that the rate is guaranteed for the year. Investors seeking safety of principle and income are the peo...
by newtonc
Tue May 22, 2018 6:12 pm
Forum: Personal Investments
Topic: Government Roth 457(b) fees just went up 148%
Replies: 7
Views: 1151

Re: Government Roth 457(b) fees just went up 148%

My 457 has an admisitrative fee of a flat 31.00 per year, 7.50 per quarter.
It is not a bad plan and I buy Blackrock S&P 500 index for 0.05 and some other fees it works out to 0.17% for the fund.
You have to look to find the fee structure though.

Perhaps yours is a fee like the above.
by newtonc
Mon May 21, 2018 3:56 pm
Forum: Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 9579

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

Good point retiredjg I had not thought that through thanks for your help.
by newtonc
Mon May 21, 2018 1:36 pm
Forum: Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 9579

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

My condolences on your loss. You can put it in the bank or credit union or Vanguard as some have people posted. Then after a year or two you can decide where to invest it. I trust Vanguard and they have been around and are very low cost. The 3 fund is a good idea. I would not pay anyone 1% to 1.5% t...
by newtonc
Wed May 16, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Rent Car before Buying
Replies: 19
Views: 1680

Re: Rent Car before Buying

Thanks for the info on the Toyota rent to by program, I did not know about this. Having just purchased a 2018 Toyota Avalon I might not need it but wish I had been aware if this when buying.
by newtonc
Sun Feb 04, 2018 9:01 pm
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 280
Views: 24802

Re: For BHs who actually like cars - [what car do you drive every day?]

2018 Toyota Avalon.
traded in 2004 Chevrolet Impala which needed to go..
by newtonc
Wed Jan 10, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Forgot to make my $5500 contribution for 2018
Replies: 36
Views: 5773

Re: Forgot to make my $5500 contribution for 2018

You should not that worried about it, no use crying over spilled milk you know, get it in there today or tomorrow and then move on.
by newtonc
Wed Jan 10, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: Why are 401k ROTH rare?
Replies: 11
Views: 1703

Re: Why are 401k ROTH rare?

I contribute to the Roth on my 401(k), and you do not get a tax break but hey that money is mine tax free after five years, assuming the tax laws have not been changed.
by newtonc
Mon Oct 09, 2017 1:16 pm
Forum: Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 13535

Re: Third time in my 32 year career I have been laid off

I don't know where you could get health insurance but I am sure you can afford it. As far as working now you won't be able to put money away for retirement so working some as a consultant will keep you in the game and give you a little to put away. As far as being single if you have any family you w...
by newtonc
Mon Oct 09, 2017 11:21 am
Forum: Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 13535

Re: Third time in my 32 year career I have been laid off

Felix, Sounds like you might want something else to do or you could retire but retirement is not for everybody, since you did not choose this you don't have much choice, but I'd agree this is a way for the company to get you on the cheap. You are in an enviable position so take your time and somethi...
by newtonc
Thu Sep 07, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 630
Views: 89210

Re: Flaunt Your High-Mileage Car

2004 Chevrolet Impala bought from the NC Highway Patrol with 82,000 miles in 2008 for $7800.00 and now I have 207000 miles on it. Been a nice car although in the last year I have had some problems with overheating.
Still I can't complain.
by newtonc
Tue May 30, 2017 12:05 pm
Forum: US Chapters
Topic: Memorial Day
Replies: 28
Views: 5317

Re: Memorial Day

Thank you for your service Taylor. Thanks to all the brave men who have served and those who have died while serving their country.
by newtonc
Thu Apr 27, 2017 2:09 pm
Forum: Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 31
Views: 6632

Re: Sitting mostly in cash. Please help.

What's wrong with keeping it in cash, you are making more that if you had it in a lot of bond funds right now, just saying.
Cash is not a bad thing to have.
by newtonc
Wed Apr 26, 2017 3:54 pm
Forum: Personal Investments
Topic: Sitting mostly in cash. Please help.
Replies: 31
Views: 6632

Re: Sitting mostly in cash. Please help.

I used to be like you and your husband but after 2008 just slowly started putting money into cheap index funds, 0.05%. It took a little time to get my feet wet, and I always knew I could get out quickly, so I did it and now have 50% in two or three index funds and the other 50% in stable value funds...
by newtonc
Thu Sep 01, 2016 10:14 am
Forum: Personal Investments
Topic: 401k help from Prudential
Replies: 10
Views: 1302

Re: 401k help from Prudential

My account with Prudential and the State of North Carolina has a fee of $31.00 per year for "Recordkeeping and Communication Service Fee" and we have Blackrock Index Funds and some others but they are the cheapest.

I have Blackrock within the 401k. Hope this helps.
by newtonc
Tue Jan 26, 2016 9:07 am
Forum: US Chapters
Topic: Happy Birthday Taylor!
Replies: 87
Views: 8796

Re: Happy Birthday Taylor!

Happy Birthday Taylor!
by newtonc
Mon Jan 04, 2016 7:38 pm
Forum: Personal Investments
Topic: Moving IRA To Vanguard from State Employee Credit Union.
Replies: 6
Views: 939

Re: Moving IRA To Vanguard from State Employee Credit Union.

I've decided to rollover $3000.00 to Vanguard and keep the rest ($60,000) in the State Employee's Credit Union and I called Vanguard today to get the ball rolling. After thinking about it this weekend I realized I have it in a good place right now at the Credit Union and that 1.5% guaranteed is not ...
by newtonc
Sun Jan 03, 2016 2:26 pm
Forum: Personal Investments
Topic: Moving IRA To Vanguard from State Employee Credit Union.
Replies: 6
Views: 939

Re: Moving IRA To Vanguard from State Employee Credit Union.

I was thinking 60% stocks and 40% bonds but I don't know which funds yet and this is why I asked the board. I love the Credit Union and think 1.5% is great for a guaranteed investment and there are no other fees.
I just wanted to see what other members thought.
by newtonc
Sun Jan 03, 2016 11:03 am
Forum: Personal Investments
Topic: Moving IRA To Vanguard from State Employee Credit Union.
Replies: 6
Views: 939

Re: Moving IRA To Vanguard from State Employee Credit Union.

Bob,

I have a stable value fund @ prudential with ~40% and the 60% is 40% Large Cap Index 15% Small Cap Index and 5% International. I am thinking the 1.5% interest with the IRA does not look that bad these days but wanted to check with the board.

Let me know if you need anymore info.
by newtonc
Sun Jan 03, 2016 10:44 am
Forum: Personal Investments
Topic: Moving IRA To Vanguard from State Employee Credit Union.
Replies: 6
Views: 939

Moving IRA To Vanguard from State Employee Credit Union.

I am moving my IRA traditional (63k) to Vanguard from the NC State Employee's Credit Union where I make 1.5 % and have other investment's 60% stocks 40% stable value fund with Prudential and a full Bailey Vested retirement with the State of NC. I have started the paperwork and am just checking to se...
by newtonc
Wed Dec 23, 2015 11:55 am
Forum: Personal Investments
Topic: Early Retirees Seeking Portfolio Advice
Replies: 24
Views: 4576

Re: Early Retirees Seeking Portfolio Advice

This in interesting as I am in NC and am Bailey vested, thanks for the post.
by newtonc
Fri Aug 21, 2015 8:58 am
Forum: Investing - Theory, News & General
Topic: Cheap copy of Lange's Retire Secure 3rd Edition
Replies: 71
Views: 12156

Re: Cheap copy of Lange's Retire Secure 3rd Edition

Just ordered a copy, many thanks!
by newtonc
Tue Jun 09, 2015 3:19 pm
Forum: Investing - Theory, News & General
Topic: University of California Retirement Plan
Replies: 48
Views: 19515

Re: University of California Retirement Plan

You might be right and if so I am sorry for the mistake.
by newtonc
Tue Jun 09, 2015 12:17 pm
Forum: Investing - Theory, News & General
Topic: University of California Retirement Plan
Replies: 48
Views: 19515

Re: University of California Retirement Plan

The University of North Carolina System did this last summer, they went with Fidelity and Tiaa-cref, and I have been very happy with it. Fidelity went from hundreds of funds to 15 to 20 and Tiaa-cref did the same thing. They both have Vanguard Institutional Index in them and it's relatively inexpens...
by newtonc
Mon May 04, 2015 1:47 pm
Forum: Investing - Theory, News & General
Topic: Financial reasons to get a summer job?
Replies: 36
Views: 3341

Re: Financial reasons to get a summer job?

He should get a job at a pizza place or perhaps working for a car dealership washing cars or running errands because it will prove useful when he thinks about doing this for the rest of his life (which he should not have to do, it's still a good reminder of an honest days work.) How about the marina...
by newtonc
Thu Jan 08, 2015 2:02 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Customers, What Do You Hold at FIDO?
Replies: 43
Views: 7438

Re: Fidelity Customers, What Do You Hold at FIDO?

Have some 403(b) money @ Fidelity, in Vanguard's Institutional Index
FBIOX-Biotechology
FJSCX-Japan Samller Companies

The rest of the 403(b) is @ TIAA-Cref
by newtonc
Mon Jul 21, 2014 2:19 pm
Forum: Investing - Theory, News & General
Topic: Stable Value Fund vs Total Bond Market
Replies: 27
Views: 3578

Re: Stable Value Fund vs Total Bond Market

Our SV is paying 1.80 and expense ratio of 0.44 but it is the only option through the state 401k and 457b as far as SV funds and this is through Purdential, from what other have posted it is about average.
by newtonc
Sat May 24, 2014 9:52 am
Forum: Personal Investments
Topic: Should I move Cref assets to Vanguard?
Replies: 19
Views: 1952

Re: Should I move Cref assets to Vanguard?

I have a 403(b) with TIAA and the charge is 0.06% S&P index fund, the small cap index fund is 0.15 percent and the international fund is 0.07 % if your wife can't move the money perhaps she just has to transfer to very low cost index funds. We are going to move these funds to a Vanguard index fund (...
by newtonc
Sat Mar 01, 2014 8:35 am
Forum: Personal Investments
Topic: Trying to decide between TIAA-Cref and Prudential Retirement
Replies: 24
Views: 5373

Re: Trying to decide between TIAA-Cref and Prudential Retire

Now Prudential has changed the fee's again to 0.18 for the large cap and 0.21 for the small cap. Oh well.
by newtonc
Tue Feb 25, 2014 10:50 pm
Forum: Personal Investments
Topic: Trying to decide between TIAA-Cref and Prudential Retirement
Replies: 24
Views: 5373

Re: Trying to decide between TIAA-Cref and Prudential Retire

Prudential is my 401K/457 provider and it has about fourteen funds. Within the last week they have lowered their fee's on three index funds which I have with them. I like their new fee's, instead of 0.20% it's 0.03% on the S&P large cap index fund, the small cap fund is 0.05% and last month was 0.23...
by newtonc
Tue Feb 25, 2014 6:03 pm
Forum: Personal Investments
Topic: Trying to decide between TIAA-Cref and Prudential Retirement
Replies: 24
Views: 5373

Re: Trying to decide between TIAA-Cref and Prudential Retire

Agreed. The culture of TiAA-Cref does seem different than Prudential. I also have a Fidelity account in my 403 (b) and it has 261 funds and I can pick from a lot of Vanguard funds and I have a Vanguard 500 Index Fund Signal Class which I get for 0.05%. It has some interesting funds it it. So I have ...
by newtonc
Sun Feb 23, 2014 9:41 am
Forum: Investing - Theory, News & General
Topic: How to convince family & friends to use Boglehead Method?
Replies: 61
Views: 6609

How to convince family & friends to use Boglehead Method?

As far as friends and family, worry about your own finances and not theirs b/c like some people on here have said when they lose money they will come to you like it or not and you won't see them when they are making money, it's the way people are.
by newtonc
Sat Feb 15, 2014 7:43 am
Forum: Personal Consumer Issues
Topic: Good Idea to Sell Old Home To Upgrade To Newer Home?
Replies: 33
Views: 3066

Re: Good Idea to Sell Old Home To Upgrade To Newer Home?

If mama's not happy daddy ain't gonna be.
by newtonc
Thu Jan 30, 2014 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Long term capital gains on 1040 - How is it taxed?
Replies: 21
Views: 13578

Re: Long term capital gains on 1040 - How is it taxed?

I agree with what you are saying and the analogy with IT is very good, knowing the answer but not understanding how I got it. This is the first year that I am using these forms as I have sold some stocks so I think it's just frustrating for me. It's a little more that just entering the number's into...