Search found 1779 matches

by flamesabers
Tue Mar 14, 2017 10:42 pm
Forum: Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 13078

Re: Do you avoid international investing like Jack Bogle?

I invest in international funds in part because I don't want my investment returns to be restricted by home country bias. But, it's not really "country bias" if, as Bogle puts it, "we know that we have the most innovative economy, the most productive economy, the most technologically advanced econo...
by flamesabers
Tue Mar 14, 2017 10:20 pm
Forum: Personal Investments
Topic: Pay off car?
Replies: 7
Views: 1140

Re: Pay off car?

So long as you have a 0% interest rate on the loan I don't think you need to rush to pay it off. I think one exception would be if you wanted to have only minimal car insurance coverage. In that case you would have to pay off the loan before you could downgrade the car's insurance.
by flamesabers
Tue Mar 14, 2017 10:11 pm
Forum: Personal Investments
Topic: Do you avoid international investing like Jack Bogle?
Replies: 151
Views: 13078

Re: Do you avoid international investing like Jack Bogle?

I invest in international funds in part because I don't want my investment returns to be restricted by home country bias.
by flamesabers
Tue Mar 14, 2017 10:00 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

Re: IRA Transfer into TSP?

Just be totally sure that your 2017 MAGI will be low enough to deduct the TIRA contribution recharacterized from a Roth contribution. If at year end it turns out that you cannot deduct the contribution and you have already rolled that money into the TSP, then you have a nasty problem because the TS...
by flamesabers
Tue Mar 14, 2017 6:09 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

Re: IRA Transfer into TSP?

OP, you may want to read the traditional vs. Roth wiki: https://www.bogleheads.org/wiki/Traditional_versus_Roth Since you're in the 25% tax bracket, recharacterizing your 2017 IRA contribution from Roth to traditional may be a wise move. Also, you may want to contribute to traditional TSP, instead ...
by flamesabers
Tue Mar 14, 2017 5:05 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

Re: IRA Transfer into TSP?

So you are nearing the $18k limit. You are apparently in one of the lower tax brackets. I would think that getting some Rothness would be desirable. I suppose you could use traditional 401k at work, Roth (or partial Roth) in the TSP, and tIRA and then roll the tIRA into the TSP for consolidation an...
by flamesabers
Tue Mar 14, 2017 4:31 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

Re: IRA Transfer into TSP?

OP, you can still recharacterize your 2017 IRA contribution to traditional, and then roll that into the TSP. You could even recharacterize your 2016 Roth IRA contribution to a traditional IRA contribution, and file an amended tax return. (I think you said you contributed to your Roth IRA for 2016) ...
by flamesabers
Tue Mar 14, 2017 4:13 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

Re: IRA Transfer into TSP?

Assuming you're going to contribute to a Traditional IRA regardless this is a good plan. Use Ally Bank Traditional IRA Savings - no fees for transfers out. You should research and confirm this is case before hand. Thank you for the suggestion. :happy Yes, my income is low enough to contribute to a ...
by flamesabers
Tue Mar 14, 2017 3:44 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

Re: IRA Transfer into TSP?

I think what you are saying is that your income from the Reserves is not enough to max out the $18k TSP contribution limit. Alternatively, you have to split your $18k between the TSP and your regular job 401k. You'd like to put more money in the TSP. Yes, I would like to try to make greater use of ...
by flamesabers
Tue Mar 14, 2017 1:49 pm
Forum: Personal Investments
Topic: IRA Transfer into TSP?
Replies: 18
Views: 1431

IRA Transfer into TSP?

Hello, I would like to get your feedback on the idea of opening a traditional IRA and then transferring it to my TSP. Since I'm in the army reserves, I'm not able to contribute as much money to my TSP as I would like to. This would be for next year since I already maxed out my IRA contribution this ...
by flamesabers
Tue Mar 14, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Question about interest rates and bond funds
Replies: 5
Views: 1121

Re: Question about interest rates and bond funds

If you want to take a conservative path on bonds I would suggest either investing in a short-term bond fund that isn't as sensitive to changes in interest rates as a long-term bond fund would be or just wait until after the Fed makes it's final decision for the quarter.
by flamesabers
Tue Mar 14, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%
Replies: 60
Views: 8750

Re: The Party is Over: Andrews FCU drops rate on 7-year CD to 2.2%

So...I-bonds at 2.76% tax-deferred with only a one year commitment would be a no-brainer? That's what I'm buying right now. Current I-Bonds however have a fixed rate of 0%, so there's no telling how much (or how little) interest I-Bonds will be earning once the variable rate resets in May. Otherwis...
by flamesabers
Tue Mar 14, 2017 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Just got my annual review today
Replies: 22
Views: 5338

Re: Just got my annual review today

Have any of your peers been promoted ahead of you? I think that would be a good indicator as to whether you're being passed over for promotion or whether your company is slow to promote. If you did get promoted, would you still be able to work from home anytime? From what I've seen, people who leave...
by flamesabers
Mon Mar 13, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: Anyone use coupon apps?
Replies: 22
Views: 3206

Re: Anyone use coupon apps?

I tried coupon.com years ago but it wasn't worth the hassle for me. I prefer to use coupons I get in the mail.

I suppose you could subscribe to mailing lists from the stores you shop at, but you may get more emails than you want and you would have to print out the coupons.
by flamesabers
Mon Mar 13, 2017 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: privacy issues
Replies: 7
Views: 1304

Re: privacy issues

If you don't want Chrome to auto-fill your personal information, you should clear the autofill data and disable the autofill option. 1. When you open Chrome's setting, click on the setting's link underneath extensions. 2. Click on the link at the bottom to show advanced settings. 3. Under the privac...
by flamesabers
Mon Mar 13, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 32532

Re: High End Wrist Watches (Gone Crazy)

While I can relate to having an admiration and fascination with high-end wrist watches, I'll probably never spend more then $100 on a wrist watch. I don't see wrist watches as items to be preserved and passed down to future generations but rather something that I'll have to replace every few years o...
by flamesabers
Mon Mar 13, 2017 3:12 pm
Forum: Personal Investments
Topic: ESPP is it worth it?
Replies: 10
Views: 1543

Re: ESPP is it worth it?

The match is made at the price on the day it vests at the end of the quarter after the 1 year Hold Period. Basically there is no price discount either on the employee purchase or employer match. However, after a more careful reading of the plan, it does appear my earlier fear of having money tied u...
by flamesabers
Mon Mar 13, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to tackle fiancee's student loan debt
Replies: 33
Views: 3941

Re: How to tackle fiancee's student loan debt

I agree with the post above about not paying any expenses of your fiancé until you guys are married. I worked with a guy that supported his fiancé all the way through pharmacy school only for her to move on to someone else after she graduated. Couldn't the same thing have happened if they were marr...
by flamesabers
Mon Mar 13, 2017 2:29 pm
Forum: Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 1004

Re: Help with 401k and Roth contributions through employer

FreemanB and flamesabers, thank you for your help! Luke Duke, I already have an emergency fund, just didn't mention it. Sorry. UPDATE: So over the weekend, I opened a Roth IRA with Fidelity and funded it with $3,000 (counts as a 2016 contribution). I am putting all of that into FUSEX (a Fidelity 50...
by flamesabers
Mon Mar 13, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Increase W4 withholdings or make estimated tax payments
Replies: 18
Views: 2512

Re: Increase W4 withholdings or make estimated tax payments

Due to some changes in our tax & income situation this year, my wife and I will need to increase our paycheck withholdings or make estimated tax payments to avoid an underpayment penalty next year, for both federal and state (CA) taxes. It seems like increasing paycheck withholdings is the simplest...
by flamesabers
Mon Mar 13, 2017 1:47 pm
Forum: Personal Investments
Topic: ESPP is it worth it?
Replies: 10
Views: 1543

Re: ESPP is it worth it?

HoboKent wrote:There's no discount, employee and any employer match are both purchased on the open market.
When the employer match is contributed to your account, is it based on the market price following the 1-year lockup period or when you initially contributed to the ESPP?
by flamesabers
Mon Mar 13, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: Don't let your political views impact your investment strategy
Replies: 28
Views: 4953

Re: Don't let your political views impact your investment strategy

Perhaps investing abroad helps to lessen the influence of political bias skewing one's investment strategy? Home country bias I think is very relevant in this type of situation. I tend to think people aren't as swayed to change their investment strategy based on the politics of foreign nations as th...
by flamesabers
Mon Mar 13, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Getting Term Life Insurance - Plus or Basic? (Ohio National)
Replies: 15
Views: 1370

Re: Getting Term Life Insurance - Plus or Basic? (Ohio National)

As someone who sells life insurance, I can tell you that there are certainly a lot of people that wish they had a better conversion option available on their old policies. Life changes, things don't work out as planned, someone has a major health issue and becomes uninsurable, etc. Then they are st...
by flamesabers
Mon Mar 13, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: Reasons not to check the account balance too often
Replies: 42
Views: 5709

Re: Reasons not to check the account balance too often

from http://www.investopedia.com/articles/basics/12/addicted-to-investing.asp according to Paul Samuelson, "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." But the way a portfolio grows is different to the way grass gr...
by flamesabers
Mon Mar 13, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Getting Term Life Insurance - Plus or Basic? (Ohio National)
Replies: 15
Views: 1370

Re: Getting Term Life Insurance - Plus or Basic? (Ohio National)

I assume if you do decide to convert from term to permanent life insurance you'll have to pay a lot more in premiums. Would you be willing to pay the extra premiums to hold permanent life insurance? Unless you have a genuine need for permanent life insurance in your 50s, I would suggest going with t...
by flamesabers
Mon Mar 13, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: To buy or rent?
Replies: 25
Views: 3644

Re: To buy or rent?

I think personal or practical reasons can influence the decision to buy or rent, and not just financial factors. If someone has a family or wants to start a family, it's much more sensible I think to buy a house than rent an apartment. Other reasons I've come across are: *Some people like the idea o...
by flamesabers
Mon Mar 13, 2017 9:46 am
Forum: Personal Investments
Topic: Roth IRA Prior-Year Contributions
Replies: 5
Views: 546

Re: Roth IRA Prior-Year Contributions

I finished 2016 with $5000 contributed for the year to my Roth IRA, leaving me $500 of possible contributions. I used my first few contributions of 2017 to fill in that last $500 with prior-year contributions. This seemed like a no-brainer at the time. The same amount of money goes in, but if I hav...
by flamesabers
Mon Mar 13, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Reasons not to check the account balance too often
Replies: 42
Views: 5709

Re: Reasons not to check the account balance too often

I just had a conversation with a close friend. He told me he checks his account balance more than 10 times almost every day including weekends. However, he has a set AA and could stick to it. He asked me to help him by convincing him to stay away the addiction. Bogleheads, any suggestion? How does ...
by flamesabers
Sun Mar 12, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 278
Views: 57120

Re: USAA 2.5% Cash Back Credit Card

I pay Estimated Taxes with credit cards when I need to meet minimum spending on a new card. Otherwise, I pay taxes with my cash funds. If and when I get a USAA 2.5% cash-back CC it will be tempting to pay most of my estimated taxes with it. If I pay $20k in estimated taxes per year, the gain would ...
by flamesabers
Sun Mar 12, 2017 8:12 pm
Forum: Personal Investments
Topic: US Treasuries interest > CD interest = no brainer?
Replies: 7
Views: 1242

Re: US Treasuries interest > CD interest = no brainer?

I may tuck away some money for three months. I've bought Brokered CDs in the past but only just considered the US Treasury Note today. US Treasury Note is for 0.736% three months. Brokered CDs for three months are 0.65%-0.70%. US Treasury Note has a slightly higher interest and the gain is exempt f...
by flamesabers
Fri Mar 10, 2017 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance More w/ Anxiety?
Replies: 8
Views: 890

Re: Life Insurance More w/ Anxiety?

So I would think an independent agent it would be the same issue and I don't want to take 20 medical exams. Not even for the chance to save $6k over the next 30 years? If nothing else, I think it may be prudent to check with a few other companies to see if it's possible to get the preferred plus ra...
by flamesabers
Fri Mar 10, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Worth Raising Car Insurance Deductible?
Replies: 26
Views: 2747

Re: Worth Raising Car Insurance Deductible?

So long as you have the money to cover for the higher deductible, I think it's always a good idea to raise one's deductible to save on premiums. I did the same thing when I had collision/comp on my car.
by flamesabers
Fri Mar 10, 2017 12:46 pm
Forum: Personal Investments
Topic: Help with prioritization/next step
Replies: 8
Views: 792

Re: Help with prioritization/next step

1. I also advise against investing in real estate. Unless you have substantial assets elsewhere, I think it's a bit too risky to invest your money in something as volatile as real estate. 2. As far as the TSP goes, I would suggest contributing as much as you can to the $18k annual limit. The TSP has...
by flamesabers
Fri Mar 10, 2017 12:26 pm
Forum: Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 1004

Re: Help with 401k and Roth contributions through employer

I do not currently have an IRA. Is that a first step? And then stop contributing past the 6% match and focus on the IRA? What I am contributing now is the max that I have to invest. Every other dollar I make goes to rent/insurance/etc. I have no play money :? Yes, once you get your employer's match...
by flamesabers
Fri Mar 10, 2017 12:13 pm
Forum: Personal Investments
Topic: Help with 401k and Roth contributions through employer
Replies: 10
Views: 1004

Re: Help with 401k and Roth contributions through employer

The Equity Index Trust Class C has a good expense ratio. The rest of your funds, not so much. My advice would be to transfer all of your 401k funds into the Equity Index. You'll save money on the fees and get good exposure to the U.S. stock market. My recommendation would be to contribute enough to ...
by flamesabers
Fri Mar 10, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: checking account debit at the speed of light
Replies: 14
Views: 2199

Re: checking account debit at the speed of light

This is just a curiosity question, since I always put money in my checking account before I set up a debit. My credit card takes several days to debit the account for a payment. Overnight I used for the first time the IRS make an estimated tax payment over the web thing. Whoosh at the speed of ligh...
by flamesabers
Fri Mar 10, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: W2 question
Replies: 18
Views: 1611

Re: W2 question

will change to married but going to keep the dependents at zero... Unless you're going to receive a lot of taxable income that isn't subjected to withholding, I don't think it's a good idea for anyone to set their dependents claim to zero. In the very least, everyone should claim themselves as a de...
by flamesabers
Fri Mar 10, 2017 10:34 am
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3732

Re: Options for my cash

I agree with using the $200k to pay down your mortgage, especially since you're expecting your income to be going down by about 30% in the next few years. Paying down your mortgage now will make it much easier to continue making mortgage payments when your income goes down. How does paying down the...
by flamesabers
Thu Mar 09, 2017 4:41 pm
Forum: Personal Investments
Topic: Options for my cash
Replies: 38
Views: 3732

Re: Options for my cash

I agree with using the $200k to pay down your mortgage, especially since you're expecting your income to be going down by about 30% in the next few years. Paying down your mortgage now will make it much easier to continue making mortgage payments when your income goes down.
by flamesabers
Thu Mar 09, 2017 3:17 pm
Forum: Personal Investments
Topic: New job, Please recommend 401k Allocations
Replies: 11
Views: 893

Re: New job, Please recommend 401k Allocations

So I'm turning 30 in a couple of months, and started a new job- unfortunately they don't offer a match on the 401k, but instead offer a profit sharing program where they contribute x-amount at the end of the fiscal year. Here are the fund choices for the new 401k: https://www.sponsorportal.com/Spon...
by flamesabers
Thu Mar 09, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: W2 question
Replies: 18
Views: 1611

Re: W2 question

pianoboy wrote:it happens every year... Im paying way to much in federal .
the only deductions are house, child, daycare
You should increase the number of the dependents that you're claiming so that you're not getting so much withheld from your earned income.
by flamesabers
Thu Mar 09, 2017 2:44 pm
Forum: Personal Investments
Topic: Where do I start?
Replies: 11
Views: 1200

Re: Where do I start?

After some research, I just realized I cannot contribute to a ROTH IRA at all. My wife and I file separately. My student loans are very high and I am on an income based repayment plan and a public service loan forgiveness plan (complete forgiveness after 10 years of minimum payments). In order to k...
by flamesabers
Thu Mar 09, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Finally making money and need budget advice
Replies: 19
Views: 2929

Re: Finally making money and need budget advice

Op isnt eligible for roth (not married) unless i have numbers wrong. Doesnt it stop at 118k for single? I would in your shoes asap max out the 401k so you can get use to not having that money. Than save the rest as aggressively as you can so you can have a down payment in 1-2 years. Making a full $...
by flamesabers
Thu Mar 09, 2017 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: W2 question
Replies: 18
Views: 1611

Re: W2 question

Unless you're trying to maximize your amount of paper I-Bonds, I don't think it makes sense for anyone to get a large refund. As others have suggested, I would recommend first reviewing your taxes to see what triggered the large refund. Did you get a bonus or something that was taxed at a rate that ...
by flamesabers
Thu Mar 09, 2017 11:43 am
Forum: Personal Investments
Topic: At what $ level should someone really start diversifiying?
Replies: 25
Views: 2960

Re: At what $ level should someone really start diversifiying?

I think one level would be when you have accumulated enough money to meet the required minimum investment balance for funds that offer even lower fees in exchange for making a larger initial contribution. A lot of Vanguard's admiral funds for instance require a minimal balance of $10,000. Other fund...
by flamesabers
Thu Mar 09, 2017 11:24 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 33489

Re: Sitting on cash....Waiting for a crash

Inaction (not investing your money) has its own consequences, namely inflation. At the end of the day I don't think there is much difference between preserving the nominal value of your money but losing your purchasing power, and having to deal with some of your investments losing some of its value ...
by flamesabers
Thu Mar 09, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 185
Views: 43884

Re: GEICO auto rates vs. USAA: too good to be true?

I'm currently serving active duty military and using USAA, my GEICO quote was $300 a year higher than USAA with the same coverage. Just thought I would add that data point to the list. From what I've heard, most insurance providers don't like to insure active-duty military members because of their ...
by flamesabers
Thu Mar 09, 2017 10:45 am
Forum: Personal Investments
Topic: Moving to Vanguard
Replies: 4
Views: 795

Re: Moving to Vanguard

I was in the same position as you a number a years ago as far as moving investments from USAA to Vanguard. If I recall correctly, I liquidated the taxable investments and reinvested the money into Vanguard funds. The only costs was the tax liability of liquidating the investments. I don't remember t...
by flamesabers
Wed Mar 08, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: Car dilemma?
Replies: 25
Views: 2637

Re: Car dilemma?

So I have a 2014 Audi A5 convertible with 27000 miles. Paid in full. I started a new job that requires me to drive about 450 miles per week. That means I'll put close to 25k mile per year on a car. I'm worried as the Audi ages the maintenance will increase. I can afford it. I have a great deal on a...
by flamesabers
Wed Mar 08, 2017 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 4082

Re: Multiple job offers

How official is Firm B's offer? Have you already done an interview with the HR person and your potential supervisor or have you only just sent in your resume? If it's the latter or if it's not in writing that you will get paid $10k more than Firm A, I would say stick with Firm A. I think the fact th...