Search found 163 matches

by Mandrale
Thu Feb 28, 2013 6:55 pm
Forum: Personal Consumer Issues
Topic: SQL Coding
Replies: 32
Views: 2995

Re: SQL Coding

Thank you guys! So my SQL and Microsoft SQL server express are both free to download? My company has been willing in the past to pay for classes in applicable areas, do you guys know any good institutions/companies that have training locations across the country? I am in a financial analyst role wit...
by Mandrale
Thu Feb 28, 2013 4:37 pm
Forum: Personal Consumer Issues
Topic: SQL Coding
Replies: 32
Views: 2995

SQL Coding

Does anyone have experience of learning SQL coding on their own? What are some good ways to go about educating myself on learning the language? Any good book recommendations? Is there anyone working in a profession where they are dealing with creating SQL on the daily basis? Any helpful tips to help...
by Mandrale
Tue Feb 12, 2013 3:33 pm
Forum: Investing - Theory, News & General
Topic: The Perils of financial modeling with Excel
Replies: 42
Views: 4033

Re: The Perils of financial modeling with Excel

A great program to use for a business in place of Excel is a program called SAS Enterprise Guide, allows you to create models, filters, sorts -- Basically anything that excel can do, but allows you to create a process flow that you can schedule for a specific time/recurring date. The front end point...
by Mandrale
Sun Jan 27, 2013 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Chase Bank new checking account free $200
Replies: 44
Views: 6625

Re: Chase Bank new checking account free $200

This must be for only select states? Not finding any information for it here.
by Mandrale
Fri Jan 18, 2013 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay first?
Replies: 30
Views: 2239

Re: Which debt to pay first?

But Ramsey always tells people to knock out the smallest first and use that cash flow to "snowball" into bigger debts. I don't understand this philosophy at all.. $13.4k in debt is $13.4k in debt. It's not as if knocking out the loan at 2.6% will somehow magically allow you to pay more onto your bi...
by Mandrale
Wed Jan 16, 2013 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: 24 yo. Should I be taking more risk?
Replies: 9
Views: 1158

Re: 24 yo. Should I be taking more risk?

' I'm a big fan of those Vanguard Target Retirement funds. If I was your age, I'd put all my money in that 2060 Fund and not make my asset allocation any more complicated than that. The 2060 fund has significant international exposure, and takes as much risk as anyone would recommend. +1 I'm a 23 y...
by Mandrale
Fri Jan 11, 2013 2:24 pm
Forum: Personal Consumer Issues
Topic: Walmart to offer unlimited iPhone 5 plan for $45/mo
Replies: 45
Views: 6906

Walmart to offer unlimited iPhone 5 plan for $45/mo

http://www.forbes.com/sites/jasonevangelho/2013/01/10/walmart-to-offer-iphone-5-off-contract-unlimited-service-for-45-monthly/ What are your guys' thoughts/opinions on Walmart's "Straight Talk" service? It's a no contract, monthly plan for unlimited data, talk and text - and only $45/month. The only...
by Mandrale
Thu Oct 25, 2012 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Should I tax premium or benefit for Disability Insurance
Replies: 10
Views: 852

Re: Should I tax premium or benefit for Disability Insurance

Out of those 2 scenarios, I would pay the tax on the premium. If you are disabled and can't work, you aren't going to want money to be taken out of the only source of income you have coming in. If at all possible, I would look into your own policy outside of work though. Generally better benefits, a...
by Mandrale
Fri Oct 05, 2012 9:00 am
Forum: Personal Consumer Issues
Topic: LinkedIn and jobs
Replies: 23
Views: 2457

Re: LinkedIn and jobs

I would say it is a great professional networking tool, but not much more than that. I have been contacted about 3-4 times for jobs on there, but they are usually sales/commision style jobs with huge turnover rates on employees, so I have ignored all of them. Statistically, it is the least checked s...
by Mandrale
Wed Sep 19, 2012 2:49 pm
Forum: Personal Consumer Issues
Topic: Going to NYC -- Advice on CC
Replies: 6
Views: 612

Re: Going to NYC -- Advice on CC

Thank you, I appreciate the help. I do not have a Visa/Mastercard credit card, however I do have my Mastercard debit card. I will be bringing that with as well, I was just preferring to use my credit cards over a debit card when out there because of the dispute process should that come up.
by Mandrale
Wed Sep 19, 2012 12:11 pm
Forum: Personal Consumer Issues
Topic: Going to NYC -- Advice on CC
Replies: 6
Views: 612

Going to NYC -- Advice on CC

I am leaving for NYC tomorrow morning. I currently have 2 credit cards that I use; a Discover and an American Express. All rewards and cash back stuff aside, which would be the more logical card to bring with? Which is more accepted? I really am not looking to bring 2 CC's with just for security rea...
by Mandrale
Thu Sep 13, 2012 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Non qual vs. universal life
Replies: 4
Views: 379

Re: Non qual vs. universal life

And be careful with a permanent policy... What they try to convince you is that the expenses don't matter when they are front-loaded because "You are in it for the long run anyways". A common sales pitch that I was given was "Regardless if you eat the fees up front, it won't matter in the long run b...
by Mandrale
Fri Sep 07, 2012 8:10 am
Forum: Investing - Help with Personal Investments
Topic: Savings help for a debt free 22 y/o
Replies: 16
Views: 2016

Re: Savings help for a debt free 22 y/o

2) My parents paid some of my tuition, and as a graduation present offered to pay my subsidized student loans (which is huge because they are not that well off, so any help/advice I could offer them for tax breaks would be great, but I doubt unless they can't and I can I don't think I have any tax ...
by Mandrale
Wed Sep 05, 2012 2:39 pm
Forum: Investing - Help with Personal Investments
Topic: Next Logical Step For My Portfolio (24 years old)
Replies: 32
Views: 3603

Re: Next Logical Step For My Portfolio

Edit due to this being old information.
by Mandrale
Wed Sep 05, 2012 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Next Logical Step For My Portfolio (24 years old)
Replies: 32
Views: 3603

Re: Next Logical Step For My Portfolio

I'd knock out those student loans. If you've got $300/mo that needs a place to go applying that to your student loan payments will make those disappear in short order. +1. And for 2013, I'd pay off your student loans first, then contribute to your Roth. You might be able to finish them next year an...
by Mandrale
Wed Sep 05, 2012 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Next Logical Step For My Portfolio (24 years old)
Replies: 32
Views: 3603

Next Logical Step For My Portfolio (24 years old)

EDIT: Since this thread was started, I have now accepted a new position. I am updating the below numbers to accurately reflect my current situation. Emergency funds: ~10 months of income ~5 Months of income Debt: Student Loans – Approximately $16,000 @ 4.5% $7,000 @ 3.5% $0 Tax Filing Status: Single...
by Mandrale
Tue Sep 04, 2012 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: 5/1 ARM or 30-Year fixed
Replies: 22
Views: 3017

Re: 5/1 ARM or 30-Year fixed

Getting 5/1 Arm at 2.75 % - after 5 years the rate can to a max of 7.75% This seems like quite a large jump. When I used to work at a bank, the most that the rate could adjust after the fixed period was 2% per year. Is 5% a pretty normal fluctuation?? (Not implying it will jump to that, but it does...
by Mandrale
Tue Sep 04, 2012 10:29 am
Forum: Forum Issues and Administration
Topic: How did you find the bogleheads website??
Replies: 98
Views: 9690

Re: How did you find the bogleheads website??

My father recommended that I begin reading these forums as a way to start low cost investing. He has been telling me about this forum for about 5 years, since my freshman year in college, but I was the kid who was always "too busy" to get around to reading these forums (aka drinking, playing video g...
by Mandrale
Thu Aug 23, 2012 9:39 am
Forum: Investing - Help with Personal Investments
Topic: New Grad Wanting General Advice
Replies: 25
Views: 2251

Re: New Grad Wanting General Advice

One other bonus to starting to save for paying off your loans now: If you effectively budget out your loan payment now and start "charging" yourself that amount from your budget it will train your brain to have already marked out that many dollars from your spendable income. So, if your parents do ...
by Mandrale
Thu Aug 23, 2012 8:50 am
Forum: Investing - Help with Personal Investments
Topic: New Grad Wanting General Advice
Replies: 25
Views: 2251

Re: New Grad Wanting General Advice

One other bonus to starting to save for paying off your loans now: If you effectively budget out your loan payment now and start "charging" yourself that amount from your budget it will train your brain to have already marked out that many dollars from your spendable income. So, if your parents do e...
by Mandrale
Mon Aug 20, 2012 8:06 am
Forum: Personal Finance (Not Investing)
Topic: current best cash back credit card?
Replies: 55
Views: 11164

Re: current best cash back credit card?

Fidelity Investment Rewards AmEx gives 2% cashback on everything: Link: https://www.fidelity.com/cash-management/american-express-cards Thoughts: http://www.bogleheads.org/forum/viewtopic.php?p=1466399#p1466399 In your thoughts post you state that you may use either the brokerage account w/ money m...
by Mandrale
Fri Aug 17, 2012 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: 23 Years Old, Engineer, Aspiring to Invest to Secure Future
Replies: 66
Views: 7538

Re: 23 Years Old, Engineer, Aspiring to Invest to Secure Fut

The Lifetime Learning Credit is a $2,000 credit phased out over $10,000 of AGI (for singles), so if you're in the phaseout each marginal dollar costs you $0.25 in regular income tax, $0.20 in lost credit, and, say, $0.05 in state income tax. Your effective marginal rate is 50% (not including SS and...
by Mandrale
Thu Aug 16, 2012 3:09 pm
Forum: Investing - Theory, News & General
Topic: "Hard to Beat a U.S. Total Market Fund"
Replies: 18
Views: 5193

Re: Investment Gems

Taylor, Love the article. I am trying to create a binder for myself that will consist of some great reading pieces that I can look at every so often. Any other helpful links you know of off hand that would be great to include as well? Thanks! Mandrale: I created a website where you can learn the be...
by Mandrale
Thu Aug 16, 2012 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: Question on tax calculation
Replies: 10
Views: 1046

Re: Question on tax calculation

The 10% bracket goes to $17,400 as well, not $17,000... unless I'm mistaken.
by Mandrale
Thu Aug 16, 2012 2:20 pm
Forum: Investing - Theory, News & General
Topic: "Hard to Beat a U.S. Total Market Fund"
Replies: 18
Views: 5193

Re: "Hard to Beat a U.S. Total Market Fund"

Taylor,

Love the article. I am trying to create a binder for myself that will consist of some great reading pieces that I can look at every so often. Any other helpful links you know of off hand that would be great to include as well?

Thanks!
by Mandrale
Tue Aug 14, 2012 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance
Replies: 38
Views: 6139

Re: whole life insurance

Somewhere in that meeting, this was probably said as well: "You are guaranteed a 4.5% rate of return, without the risk of your money ever going down/backwards " --- Am I right? Yes, that is correct. I'm pretty sure that is one of their training techniques, because everyone that I have spoke to abou...
by Mandrale
Tue Aug 14, 2012 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance
Replies: 38
Views: 6139

Re: whole life insurance

For the OP, I have been pitched permanent life insurance many times by a Northwestern Mutual agent, and I bet the pitch you are referring to is from them as well. The one thing I keep coming back to is he guarantees a 4.5% rate of return, which sounds great for a "conservative investment." But then...
by Mandrale
Tue Aug 14, 2012 7:55 am
Forum: Investing - Help with Personal Investments
Topic: How To Actually Get Started
Replies: 14
Views: 1196

Re: How To Actually Get Started

livesoft wrote:Did you call them up yet? What did they say?
They showed me where I needed to go to link up my bank account, and showed how to do purchases for me.
by Mandrale
Mon Aug 13, 2012 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: How To Actually Get Started
Replies: 14
Views: 1196

Re: How To Actually Get Started

One thing to understand that if you are using mutual funds there will be a minimum initial balance in the fund. For most Vanguard investor class funds this is $3000, although the Target Retirement and STAR are $1000. How much do you have in the Roth? Brian I currently have $10k in the Roth, and ano...
by Mandrale
Mon Aug 13, 2012 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: How To Actually Get Started
Replies: 14
Views: 1196

Re: How To Actually Get Started

Are you talking only about a Roth account? Is this what you mean or is there some difficulty you are facing after having done the basics? No, I already have my Roth opened through Vanguard. I was more-so primarily talking about difficulty after having done the basics. So now that I have that alread...
by Mandrale
Mon Aug 13, 2012 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: How To Actually Get Started
Replies: 14
Views: 1196

How To Actually Get Started

Greetings all, I'm sure this has been talked about before, but I cannot figure out how to search for a thread that fits with some advice that I am looking for. Now that I have my budget all created, I have figured out what I would like to do on a monthly basis regarding my investments. I have set as...
by Mandrale
Mon Aug 13, 2012 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: whole life insurance
Replies: 38
Views: 6139

Re: whole life insurance

mephistophles wrote:
dhodson wrote:For the great majority, the answer is no.
Actually, you are incorrect.
You mean that he is incorrect about the statement that "The answer to this question can be "no" if you choose a policy that is structured to pay a flat amount of death benefit only."

correct?
by Mandrale
Mon Aug 13, 2012 9:01 am
Forum: Investing - Theory, News & General
Topic: Cramer At It Again
Replies: 37
Views: 4643

Re: Cramer At It Again

It's about ratings in my opinion. Would him saying "Buy an index fund and hold it for the long term" be an interesting tv show? I think not.
by Mandrale
Thu Aug 09, 2012 2:30 pm
Forum: Investing - Theory, News & General
Topic: Starting a Roth IRA with <$500 -- is it worth it?
Replies: 19
Views: 6369

Re: Starting a Roth IRA with <$500 -- is it worth it?

Pennis turn into nickles,
Nickles turn into dimes,
Dimes turn into quarters,
Quarters turn into dollars,
Dollars turn into millions.

:wink:
by Mandrale
Wed Aug 08, 2012 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: FA Trying to Reel Me Back In, Feedback Please
Replies: 64
Views: 6165

Re: FA Trying to Reel Me Back In, Feedback Please

Mandrale: Thank you for coming back. " Cancelling this policy would be "the worst financial decision i could make in my lifetime". I just thought it would be interesting to hear your guys' reaction to a statement like this. My reaction is that your adviser(?) is a good insurance salesperson . Best ...
by Mandrale
Wed Aug 08, 2012 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Another student loan vs 401k/Roth question.
Replies: 16
Views: 1803

Re: Another student loan vs 401k/Roth question.

I know that this has been posted before, but I can't seem to find the answer that I am looking for... For someone who is planning to make a full contribution ($5,000) to their Roth IRA for 2012, how do you figure out the best time to make your contribution? Would it be as soon as you have the $5,000...
by Mandrale
Wed Aug 08, 2012 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 85
Views: 6191

Re: Do you have disability insurance?

I don't think there's much of a point trying to convince him. Clearly he has views that are his own, and look only after himself. He has that right, even though it is incredibly hard to believe one could think like that. It offends me that you just assume that I'm a "he". I'm intentially gender-neu...
by Mandrale
Wed Aug 08, 2012 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Once Again A Reason to Avoid Debit Cards
Replies: 67
Views: 6473

Re: Once Again A Reason to Avoid Debit Cards

Now I need to go check, but I think that my debit card-and others have a daily limit on how much can be charged to it--$500, I think. My ING Direct debit card has a $5,000/day PIN purchase limit, a $5,000/day non-PIN purchase limit, and a $1,000/day ATM withdrawal, so it definitely varies from bank...
by Mandrale
Tue Aug 07, 2012 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Paying Off Student Loans vs. Starting a Roth IRA
Replies: 60
Views: 5284

Re: Paying Off Student Loans vs. Starting a Roth IRA

Think of a Roth IRA as a container into which you can put different kinds of investments. You could put risky funds in there or safer funds in there. With this in mind, go back and read the last several posts (or the whole thread) again. So, I have to decide which investments to put into this thing...
by Mandrale
Tue Aug 07, 2012 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Paying Off Student Loans vs. Starting a Roth IRA
Replies: 60
Views: 5284

Re: Paying Off Student Loans vs. Starting a Roth IRA

Think of a Roth IRA as a container into which you can put different kinds of investments. You could put risky funds in there or safer funds in there. With this in mind, go back and read the last several posts (or the whole thread) again. So, I have to decide which investments to put into this thing...
by Mandrale
Mon Aug 06, 2012 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 85
Views: 6191

Re: Do you have disability insurance?

Confused, Your statements about insurance are so irresponsible that it just boggles the mind. The odds of being disabled at some point in your lifetime are very high. It has happened to me twice and I'm only 36. So are the odds of getting into car accidents. I have never been in an at-fault acciden...
by Mandrale
Mon Aug 06, 2012 11:45 am
Forum: Investing - Help with Personal Investments
Topic: FA Trying to Reel Me Back In, Feedback Please
Replies: 64
Views: 6165

Re: FA Trying to Reel Me Back In, Feedback Please

I just thought I would follow up to this post and let you guys know what ended up happening. As per your advice, I just emailed him and told him that I am no longer interested in the Whole Life policy, and that I would like to cancel immediately. Naturally, he asked me to come in for a meeting but ...
by Mandrale
Mon Aug 06, 2012 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Paying Off Student Loans vs. Starting a Roth IRA
Replies: 60
Views: 5284

Re: Paying Off Student Loans vs. Starting a Roth IRA

I would never pass up the opportunity to get free money. In the grand scheme of things the $3,000 will make absolutely no difference. Imagine if you do stay with this company, that's 12% more that you have in your 401k, or even in an IRA if you leave past that point. (Assuming you contribute 6% and ...
by Mandrale
Mon Aug 06, 2012 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Paying Off Student Loans vs. Starting a Roth IRA
Replies: 60
Views: 5284

Re: Paying Off Student Loans vs. Starting a Roth IRA

Let's take this one step further. Should I even be contibuting the 6% of my paycheck into my 401k each week? The 6% is up to the company match. This is $62.31 per week. That is $3,240.12 per year. That money could be going to pay down my student loans. I am not even sure if I am going to still be w...
by Mandrale
Mon Aug 06, 2012 10:54 am
Forum: Investing - Help with Personal Investments
Topic: FA Trying to Reel Me Back In, Feedback Please
Replies: 64
Views: 6165

Re: FA Trying to Reel Me Back In, Feedback Please

I just thought I would follow up to this post and let you guys know what ended up happening. As per your advice, I just emailed him and told him that I am no longer interested in the Whole Life policy, and that I would like to cancel immediately. Naturally, he asked me to come in for a meeting but p...
by Mandrale
Mon Aug 06, 2012 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 85
Views: 6191

Re: Do you have disability insurance?

Value, I was disagreeing with Confused's point, not yours. Sorry for the confusion.
by Mandrale
Mon Aug 06, 2012 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 85
Views: 6191

Re: Do you have disability insurance?

I am quite shocked so many workers do not have disability insurance on this forum. That is a big NO NO. No way around it. There is a MUCH higher chance of needing disability insurance then life insurance in one's lifetime (thus the higher cost). When one dies living expenses can go down as you are ...
by Mandrale
Mon Aug 06, 2012 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Paying Off Student Loans vs. Starting a Roth IRA
Replies: 60
Views: 5284

Re: Paying Off Student Loans vs. Starting a Roth IRA

The max. that you can contribute to the Roth is $5,000 per year.
by Mandrale
Fri Aug 03, 2012 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Do you have disability insurance?
Replies: 85
Views: 6191

Re: Do you have disability insurance?

BTW for those who didn't know, disability insurance through individual plans are NOT taxed unlike the plans purchased through employers. Good luck. This is not always true, so you have to be careful when you say that. If you are paying in some way for this DI, then the benefit would NOT be taxed. T...