Search found 121 matches

by PocketChangePension
Thu Jul 26, 2018 5:48 am
Forum: Local Chapters and Bogleheads Community
Topic: New Jersey chapter needs new coordinator
Replies: 28
Views: 8305

Re: New Jersey chapter needs new coordinator

Would anyone be interested in a joint meetup with ChooseFI's Northern NJ chapter? A lot of us have the same goals and it adds more people
by PocketChangePension
Tue Jul 24, 2018 4:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Richmond, VA Area Local Chapter
Replies: 18
Views: 4299

Re: Richmond, VA Area Local Chapter

HenrysCreek wrote: ↑
Tue Jul 24, 2018 2:58 pm
Thanks PCP. Hopefully others will chime in. Anyone know if:
Kevin (RichmondBogleheads@gmail.com) is still our local coordinator?
That's me, so unfortunately no. There is nobody at the moment.
by PocketChangePension
Tue Jul 24, 2018 5:47 am
Forum: Local Chapters and Bogleheads Community
Topic: Richmond, VA Area Local Chapter
Replies: 18
Views: 4299

Re: Richmond, VA Area Local Chapter

I moved out of state, so someone else needs to take this over. There were only a couple people in the area and we were never able to meet up.
by PocketChangePension
Sat May 13, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1557

Re: Unique HSA/HDHP Situation

That is a really odd HDHP to count amounts paid by the manufacturer towards your OOP limit. Can you share the name of the insurer? This is happening to us too and manufacturer of the medication noted this would be true. I don't know how they swing it. Not a bad situation given you have an expensive...
by PocketChangePension
Fri May 12, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1557

Re: Unique HSA/HDHP Situation

I don't think the drug manufacturer paid anything to your insurance company. Sounds like the insurance company is just not seeing the discounted bill and believes that you are paying the full co-pay amount. It's a billing error in your favor. Well, according to the receipt and the explanation of be...
by PocketChangePension
Tue Apr 25, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1557

Re: Unique HSA/HDHP Situation

runner3081 wrote:You will ALWAYS be able to use HSA funds. I would keep maxing out. You can pay Medicare premiums starting at age 65 with HSA funds.
Oh, I didn't know that. That's a good reason to keep maxing it out and letting it grow. Thanks
by PocketChangePension
Tue Apr 25, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1557

Unique HSA/HDHP Situation

Hi, I just started this job at the beginning of the year, and the only option is an HDHP/HSA. I set my contribution to the max ($3,400 since I'm single). I have a medical condition that requires a monthly prescription. This prescription costs over $14,000/month. I was fully expecting to have to pay ...
by PocketChangePension
Sun Feb 19, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: New Job
Replies: 3
Views: 685

Re: New Job

Bumping
by PocketChangePension
Fri Feb 17, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: New Job
Replies: 3
Views: 685

New Job

Hi, everyone. I just got a new job with a big increase in salary, so it's time for a review of my accounts. Hopefully I've provided enough information below. Emergency funds: ~3 Months Debt: None Tax Filing Status: Single Tax Rate: 25% Federal, 6.37% State State of Residence: NJ Age: 26 Desired Asse...
by PocketChangePension
Sat Jun 13, 2015 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Re: Salary Help (Customer Service Lead)

Grt2bOutdoors wrote:
Purelife304 wrote:If a supervisor starts out at 40k, a lead is going to probably start out less than that.
Part-time? No more than $30K, if that.
This position is full time.
by PocketChangePension
Fri Jun 12, 2015 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Re: Salary Help (Customer Service Lead)

I think you are optimistic if you thnik i would be more than $60k. Especially if you are currently working in a completely different industry. That's around what I was thinking. There are currently 5 part-time customer service representatives. ... Customer Service Supervisors range from $40k-$60k. ...
by PocketChangePension
Thu Jun 11, 2015 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Re: Salary Help (Customer Service Lead)

BW1985 wrote:In my experience they'll ask for either what you currently make or what your salary expectations are. If you hear back from them you could try to jump the gun and ask if they have a target comp range for the role.
I probably will, but it would be nice to have some idea going in.
by PocketChangePension
Thu Jun 11, 2015 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Re: Salary Help (Customer Service Lead)

BW1985 wrote:Have you told them what you currently make already? If not, they will probably ask that before they bring you in for an interview.
No I haven't. I just submitted an application. I work in an entirely different field at the moment if that matters.
by PocketChangePension
Thu Jun 11, 2015 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Re: Salary Help (Customer Service Lead)

Bump. Anyone have any advice?
by PocketChangePension
Wed Jun 10, 2015 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Re: Salary Help (Customer Service Lead)

Hate to burst your bubble but the position sounds scammy. I would tread carefully especially giving out any details such as your SSN. Anything job posting that doesn't give clear requirements or give vague qualifications (Live in N. America....) and allow work from home is a red flag. I don't under...
by PocketChangePension
Wed Jun 10, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Help (Customer Service Lead)
Replies: 14
Views: 2423

Salary Help (Customer Service Lead)

Hi everyone, I recently applied for a new job. I have no idea if I will make it to the interview stage or not, but if I do, I'd like to have a salary range to go on. The job is titled Customer Service Lead. I'll try to give enough detail on here without making it blatantly obvious what company it is...
by PocketChangePension
Sun May 31, 2015 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Western Governor's University (WGU)
Replies: 15
Views: 5475

Re: Western Governor's University (WGU)

I recently read about another online university (Everest?) that went belly up and all students were left high/dry with no way to transfer credits or graduate. They just became creditors in the bankrupt company that ran the place. This is always a real possibility with the many online diploma mills ...
by PocketChangePension
Sun May 31, 2015 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Western Governor's University (WGU)
Replies: 15
Views: 5475

Re: Western Governor's University (WGU)

I am a former Director of Admissions & College Relations for a 1,200 student college. Although, I do not have any direct interaction with WGU, I make the followimg commemts: - Western Governors University (WGU) is a private, nonprofit, online American university based in Salt Lake City, Utah. The u...
by PocketChangePension
Fri Mar 27, 2015 10:55 am
Forum: Personal Finance (Not Investing)
Topic: American Opportunity Tax Credit / 529 Plans
Replies: 1
Views: 414

American Opportunity Tax Credit / 529 Plans

Hi, I'm considering going back to school through an online college, www.wgu.edu. I was wondering if I could contribute money to a Virginia 529 (I'm a resident) for the $4,000 state tax deduction (That's $230) and then withdraw it to pay for school right after that. Also, can I claim the American Opp...
by PocketChangePension
Wed Mar 18, 2015 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Time For A Checkup
Replies: 5
Views: 782

Re: Time For A Checkup

Duckie wrote:
PocketChangePension wrote:Is there any rhyme or reason to why you picked 13% for the Small/Mid-Cap fund?
Roughly 80% large caps plus 20% mid/small caps makes up the total US stock market. 13% is roughly 20% of 63%.
Makes perfect sense. Thanks
by PocketChangePension
Wed Mar 18, 2015 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Time For A Checkup
Replies: 5
Views: 782

Re: Time For A Checkup

There are Target Date funds available in my 457b for every 5 years. I didn't bother to list them all since it didn't seem necessary. You pick a Target Date fund by the AA inside, not the date in the title. Does one them have at least 10% bonds? I updated the OP with information from your post to ma...
by PocketChangePension
Wed Mar 18, 2015 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Time For A Checkup
Replies: 5
Views: 782

Time For A Checkup

Hi everyone. It's probably been about 2 years since I posted last and got started with investing. Time to ask for a checkup and if I need to make any adjustments. Emergency funds: 3 Months (Going to increase this to 6 Months by the end of the year) Debt: None Tax Filing Status: Single Tax Rate: 25% ...
by PocketChangePension
Sat Feb 07, 2015 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Unhappy With Job Raise
Replies: 78
Views: 10041

Re: Unhappy With Job Raise

I can understand wanting more. We MIGHT have the opportunity to get a 1% raise this year, but that's still up in the air. I wish I had the opportunity to even get a raise regularly. Any time my job provides a 1% or 2% raise (every FEW years literally), they increase our health insurance premiums mor...
by PocketChangePension
Mon Jan 12, 2015 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Western Governor's University (WGU)
Replies: 15
Views: 5475

Western Governor's University (WGU)

http://www.wgu.edu Has anyone ever heard of it? Has anyone gone there or do you know someone who has? I've never heard of it, but a friend recently mentioned it. She also told me her other friend got her teaching degree there and was able to take her teaching license exams in Florida and get hired w...
by PocketChangePension
Fri Dec 12, 2014 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Best travel rewards card for my unique situation
Replies: 11
Views: 2490

Re: Best travel rewards card for my unique situation

The Chase Sapphire Preferred is great because you get 2x points for dining and travel. It does have an annual fee of $95, which is waived for the first year. The card also pays out a yearly 7% dividend on all points earned. You can transfer points 1:1 to hotel chains, airlines, etc. if you choose. Y...
by PocketChangePension
Mon Dec 01, 2014 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Just Paid Off My Car
Replies: 24
Views: 2921

Re: Just Paid Off My Car

congratulations. Now drive the car for a very long time to get your money's worth! And keep on saving/investing. It feels great to have a car paid off (only have to pay for repairs now :wink: ) and next year you'll know how good it feels to have emergency savings (to pay for those car repairs! :oop...
by PocketChangePension
Mon Dec 01, 2014 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Just Paid Off My Car
Replies: 24
Views: 2921

Just Paid Off My Car

Well, thanks to Bogleheads telling me to pay off my car, I have finally done it. I started the serious pay down this year, with a balance of about $11k in January. This may seem insignificant, but for someone who makes $37k a year which results in $2k/mo take-home pay (more if there is some overtime...
by PocketChangePension
Mon Nov 17, 2014 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Cash In CC Points?
Replies: 22
Views: 3448

Re: Cash In CC Points?

It doesn't have to be all or nothing. You could compromise and cash in half the points and save half for a trip. Although, unless you need the money, 25% more means $500 you are wasting if you redeem for cash. A 25% return is 3 years in a bull market :D Do you have family/friends in need of an airl...
by PocketChangePension
Sun Nov 09, 2014 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Cash In CC Points?
Replies: 22
Views: 3448

Cash In CC Points?

Hi everyone. I've got a bit of a decision to make here. I currently have 203,000 Ultimate Reward Points from my credit cards. Now, come the end of the month, I can no longer turn those into a check for cash. They are worth $0.01 per point, or $2,030 if I cashed them in. I will still be able to use t...
by PocketChangePension
Sun Sep 14, 2014 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: What Happens To Mortgage When Borrower Dies?
Replies: 12
Views: 2460

What Happens To Mortgage When Borrower Dies?

Hi guys, My grandmother named me executor of her will. She's currently 70 and in pretty good health, however she has 25 years remaining on her mortgage. I know when she dies, we need to supply death certificates to everywhere she has accounts and that they freeze it all until it's gone through proba...
by PocketChangePension
Fri Sep 05, 2014 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning for 2 physician household - 401k 457b -
Replies: 43
Views: 4936

Re: Portfolio planning for 2 physician household - 401k 457b

I would also like to save another ~$50k annually in taxable account at Vanguard using a simple 3-fund portfolio. Also, the loans are broken up into 2 loans, one is for roughly 160k, and the balance is about 90k..........the 90k is high-interest around 8% so I plan on paying that first.........the o...
by PocketChangePension
Tue Sep 02, 2014 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Advice Needed - Newbie Investors
Replies: 26
Views: 2857

Re: Portfolio Advice Needed - Newbie Investors

This is just one portion of it, and I may be wrong here, but she should push her salary up to $138k from the S-Corp, contribute $17.5k from her salary to a Solo-401k, and have the S-Corp contribute 25% of her salary ($34.5k) as the employer contribution for a total of $52,000 tax-free rather than in...
by PocketChangePension
Tue Aug 26, 2014 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom reward changes in 2016
Replies: 25
Views: 8650

Re: Chase Freedom reward changes in 2016

I see them cutting down the amount of rewards you earn, but not what they're worth. The CSP lets you transfer them 1:1 to airlines, hotels, etc. so my plan is to transfer them to the respective places when I'm ready for a vacation. I've had decent results with Ultimate Rewards and the 20% "discount...
by PocketChangePension
Mon Aug 25, 2014 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom reward changes in 2016
Replies: 25
Views: 8650

Re: Chase Freedom reward changes in 2016

I'm still getting the 10 bonus points per transaction. Not surprising. Selective grandfathering seems to be deeply rooted in Chase's tradition. I opened a Chase Freedom in August 2012. I also have the Sapphire Preferred and Ink Plus. I still get the 10 points per transaction and the extra 10% bonus...
by PocketChangePension
Sun Aug 24, 2014 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom reward changes in 2016
Replies: 25
Views: 8650

Re: Chase Freedom reward changes in 2016

I'm still getting the 10 bonus points per transaction. Not surprising. Selective grandfathering seems to be deeply rooted in Chase's tradition. I opened a Chase Freedom in August 2012. I also have the Sapphire Preferred and Ink Plus. I still get the 10 points per transaction and the extra 10% bonus...
by PocketChangePension
Thu Aug 21, 2014 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for good paycheck calculator for net income
Replies: 4
Views: 1195

Re: Recommendation for good paycheck calculator for net inco

http://www.esmartpaycheck.com/FreeCalcu ... lator.aspx

I don't know how it is with that kind of salary, but it's within a few dollars on calculating my paychecks every time I want to see what will happen.

On another note, isn't there a special FICA tax if you go over $200k income?
by PocketChangePension
Fri Aug 08, 2014 2:08 am
Forum: Personal Finance (Not Investing)
Topic: Auto insurance question. Should I max out liability limits?
Replies: 8
Views: 1446

Re: Auto insurance question. Should I max out liability lim

Without question, yes. My parents carried 100k/300k like the vast majority of people do. They were hit by a 17 year old kid one night with no assets who just got his license days prior. My dad ended up needing several surgeries. 2 surgeries wiped out the 300k of coverage and he still needed more. T...
by PocketChangePension
Fri Aug 01, 2014 9:12 am
Forum: Personal Finance (Not Investing)
Topic: CFA June 2014 results
Replies: 28
Views: 4038

Re: CFA June 2014 results

Sorry to thread hijack, but I have a few questions about the CFA exam. It says I need a Bachelor's Degree, 4 years professional work experience, or a combination of college and professional work totaling 4 years. Does professional work experience mean in a financial capacity? Or will my time at a go...
by PocketChangePension
Mon Jul 21, 2014 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

I live in NJ so I know it is costly. I agree with you OP that she simply can't put her limited funds into the mortgage. I also don't think I like your idea about putting her in stocks at all. There's just not enough there. It sounds to me like your grandmother, who is a home owner and drives a car,...
by PocketChangePension
Sun Jul 20, 2014 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

If her health is good, getting a part time job isn't a bad idea. Does she have work experience? Answering phones in an office for 10-20 hours a week and/or babysitting would help cover her property taxes and monthly shortfall without touching savings. If she doesn't have access to a computer, findi...
by PocketChangePension
Sun Jul 20, 2014 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

2) If that's not an option, is there any way you could buy the house from her and then rent it back to her at a lower monthly amount? Obviously this depends on your financial situation, but the benefits to her are obvious. She might alternatively find someone else to set up a sale and leaseback arr...
by PocketChangePension
Sun Jul 20, 2014 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

I live in NJ so I know it is costly. I agree with you OP that she simply can't put her limited funds into the mortgage. I also don't think I like your idea about putting her in stocks at all. There's just not enough there. It sounds to me like your grandmother, who is a home owner and drives a car,...
by PocketChangePension
Sun Jul 20, 2014 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

Has she looked at downsizing options? Maybe there is a nice smaller place, an apartment even , that she would actually like. Freeing up the equity in the house could make a big difference as long as the move did not make her miserable and not be worth it. NJ is a HCOL area to begin with. There real...
by PocketChangePension
Sun Jul 20, 2014 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

Renting would cost 3-4x what her mortgage costs are. HCOL area The original balance was like $65k or something. It's a 30 year mortgage that she got a few years ago because it's all she was able to afford. It's a small house in a 55+ community. The payment is like $350 ish last I remember, and that'...
by PocketChangePension
Sun Jul 20, 2014 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

Have you considered Managed Payout fund? This would be an additional $1200 if $30,000 were invested. The fund minimum is $25,000. I think I'd start with the minimum and see how it goes. That would be $1000/year. I don't see how else you can get a consistent amount. The fund is doing the same thing ...
by PocketChangePension
Sun Jul 20, 2014 4:59 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

Ok, I've always been of the impression bonds are as stable as can be. How are they able to lose value? Everyone always says holding bonds will keep your portfolio from losing tons of value in a huge downturn. She has probably $70k equity or so in the house. She's not going to go for a reverse mortga...
by PocketChangePension
Sun Jul 20, 2014 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

I am not saying to invest all in the mortgage. Just the part that she can dispense of. There is no other investment that will return 5.25% yearly guaranteed. Any net return that money would generate in the stock market should subtract the 5.25% that is lost by not prepaying the mortgage (unless the...
by PocketChangePension
Sun Jul 20, 2014 4:36 pm
Forum: Investing - Help with Personal Investments
Topic: Helping My Grandmother
Replies: 54
Views: 4717

Re: Helping My Grandmother

EDIT: Sorry I forgot to include it before, but please don't suggest paying down the mortgage. I know it's 5.25% return, but she doesn't have the money to do it. After paying mortgages, taxes, electric bill, gas bill, car insurance, etc. She has about $100 left for the month to pay for food and gas ...