Search found 4882 matches

by stemikger
Wed Apr 21, 2010 9:23 am
Forum: Investing - Theory, News & General
Topic: How much should you have at certain ages.
Replies: 46
Views: 11376

How much should you have at certain ages.

Hey folks, I have seen so many different types of people. People like me who got a late start (I didn't start saving unti I was 30), people who started real young and have a ton of money and people who should be retired and have hardley anything. Is there a formula on how much you should have at cer...
by stemikger
Wed Apr 21, 2010 7:50 am
Forum: Personal Consumer Issues
Topic: Do you bring lunch to work or buy?
Replies: 122
Views: 16217

I work midnights so I call it a snack. I bring a peanut butter sandwich 1 apple and 1 banana every night (I'm a creature of habit). The only thing I spend money on is coffee becuase the free coffee at work is disgusting. So I spend $2 a day for my coffee. When I remember I bring my own coffee so on ...
by stemikger
Wed Apr 21, 2010 4:25 am
Forum: Investing - Theory, News & General
Topic: Play it conservative with mutual funds, or go bigger?
Replies: 25
Views: 4272

has any one here actually played his board game? i would love to read a boglehead review of it.. I never played it, but you can check out people playing it on You Tube. They have these events where a whole group of them get together and play it for hours on end. I believe they are part of something...
by stemikger
Tue Apr 20, 2010 1:05 am
Forum: Investing - Theory, News & General
Topic: Play it conservative with mutual funds, or go bigger?
Replies: 25
Views: 4272

I wouldn't feel it was a waste of time. I read a lot of books on investing and personal finance and I love the different point of views, even when I know they are not for me. I read Dave Ramsey but would certainly never invest the way he says, but still enjoy his books for motivation. I think Rich D...
by stemikger
Mon Apr 19, 2010 8:36 am
Forum: Personal Finance (Not Investing)
Topic: What other Personal Finance Forums do you visit?
Replies: 35
Views: 7513

I used to visit LLNOE. It was a site run by fans of Dave Ramsey.
by stemikger
Sun Apr 18, 2010 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Home Ownership -- Pros & Cons
Replies: 54
Views: 7727

On the topic of home maintenance costs, it's true they exist. One big factor is whether you can do things yourself and whether you enjoy those things. (As I do). I suppose that a strict "apples to apples" comparison, where the homeowner does not lift a finger for anything such as lawn care, repairs...
by stemikger
Sun Apr 18, 2010 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Home Ownership -- Pros & Cons
Replies: 54
Views: 7727

Posted by the-Hanged-Man Keep in mind you bought at a time when you could take advantage of the housing bubble with a price growth rate much higher than historical averages. You had an average growth rate of 6% over that 17 years, and it is highly unlikely your new neighbor will experience growth l...
by stemikger
Sat Apr 17, 2010 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Home Ownership -- Pros & Cons
Replies: 54
Views: 7727

Posted by Saurabhec If your situation is like most folks, your total annual cost of home ownership exceeded your rent payment. You could have invested the difference in your investment portfolio, so you need to account for the contributions into the portfolio and the associated returns. This will s...
by stemikger
Sat Apr 17, 2010 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Home Ownership -- Pros & Cons
Replies: 54
Views: 7727

ditto.
by stemikger
Sat Apr 17, 2010 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Home Ownership -- Pros & Cons
Replies: 54
Views: 7727

duplicate post. Not sure why.
by stemikger
Sat Apr 17, 2010 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Home Ownership -- Pros & Cons
Replies: 54
Views: 7727

Hey, I apologize in advance for not reading all the replies to your post, however, I will tell you that buying my home was the best decision I have ever made. I bought 17 years ago for $145,000 and today its appraised value is $400,000. I will tell you a quick funny story on how I bought my house. I...
by stemikger
Sat Apr 17, 2010 5:36 am
Forum: Personal Consumer Issues
Topic: Vacuums for Pet Owners
Replies: 49
Views: 6561

19 years ago right before we got married, a vacum salesman came to the hair salon my wife worked at looking for business. He was selling Electrolux. She called me to tell me she was buying it and I said it sounded expensive but go ahead. That was 19 years ago and the thing still works like it is bra...
by stemikger
Sat Apr 17, 2010 3:25 am
Forum: Personal Consumer Issues
Topic: Who is your favorite poster!?
Replies: 117
Views: 20604

Although I am brand spanking new here, and admittedly am a little star struck, I would definitely say Mr. Larimore is my favoriate. He gave me the confidence and made me feel good about my investing decision in a for short sentences. I could tell he practices what he teaches and I love the message o...
by stemikger
Fri Apr 16, 2010 6:25 pm
Forum: Personal Investments
Topic: Keeping it very simple
Replies: 13
Views: 5056

Hi Steve: Mr. Bogle (who knows something about investing ) feels that international stocks are not necessary. He also wrote: "The enemy of a good plan is the search for the perfect plan." Keep investing simple and enjoy your life. _________________ Best wishes Taylor The Majesty of Simplicity Altho...
by stemikger
Fri Apr 16, 2010 8:45 am
Forum: Personal Investments
Topic: Currently 32 and want to be a Millionaire by 65. Please hlp
Replies: 57
Views: 7687

With the money you are saving, you will be a millionaire way before 65. Also, if you google millionaire calculators a whole bunch of calculators will come up and you can just plug in the numbers. I'm 45 going on 46 this June and with the amount I have in my 401K which is $217,000 if I never add anot...
by stemikger
Fri Apr 16, 2010 5:02 am
Forum: Personal Investments
Topic: One more question about international with regard to 401K
Replies: 5
Views: 1281

Instead of starting multiple threads that dole out your information piecemeal, do a portfolio review with all the information requested in the guidelines.
I didn't see that Brian, but I'll go look. I'm a newbie, so I didn't know about that.

Thanks.
by stemikger
Fri Apr 16, 2010 1:22 am
Forum: Personal Investments
Topic: One more question about international with regard to 401K
Replies: 5
Views: 1281

DSInvestor. That's a pretty good idea. I haven't contributed to my IRA in quite some time. That may be one way to go, if I want to keep it all in index funds.

Thanks.
by stemikger
Fri Apr 16, 2010 12:22 am
Forum: Personal Investments
Topic: One more question about international with regard to 401K
Replies: 5
Views: 1281

One more question about international with regard to 401K

Hey folks, In may last two threads you were all very helpful. I asked about not having any international exposure in my 401K. However, I left out the fact that one of the reasons why I don't is because there are no index fund options. With that being said should I just stick with 60% Vanguard 500 an...
by stemikger
Fri Apr 16, 2010 12:15 am
Forum: Personal Investments
Topic: How necessary is it to have international exposure
Replies: 23
Views: 3604

There are plenty of opinions, many by very intelligent experts that support you. John Bogle is one of them, so you might find comfort in reading his books. -- Tet
Thanks I'll check it out.
by stemikger
Fri Apr 16, 2010 12:05 am
Forum: Personal Investments
Topic: Keeping it very simple
Replies: 13
Views: 5056

Thanks very much for all the advice. I also apologize for posting an almost identical thread asking about international exposure. I'm new here and need to figure this all out. Taylor, I just reset my asset allocation to a 60/40 split. I am now 40% in the Bond fund. However, I still do not have inter...
by stemikger
Thu Apr 15, 2010 6:28 pm
Forum: Personal Investments
Topic: Currently 32 and want to be a Millionaire by 65. Please hlp
Replies: 57
Views: 7687

Great job!!!

The books I like are:

1. The Boggleheads Guide to Investing
2. The Lazy person's Guide to Investing and
3. The Automatic Millionaire
by stemikger
Thu Apr 15, 2010 5:36 pm
Forum: Personal Investments
Topic: How necessary is it to have international exposure
Replies: 23
Views: 3604

stemikger, We all live in a global economy full of businesses of all sizes. As such, does investing only in large domestic companies seem diversified to you? The problem is I don't have any other index funds in my 401K. I wish I had the total stock market index instead so that would give me exposur...
by stemikger
Thu Apr 15, 2010 5:09 pm
Forum: Personal Investments
Topic: How necessary is it to have international exposure
Replies: 23
Views: 3604

Posted by Rai What's so hard about having three funds instead of two funds? It's just one extra fund. How lazy are you ? It's not about being lazy. It's about simplicity. I am a huge fan of simplicity so I want to keep it as streamlined as possible. Also, I have heard many professionals who I respe...
by stemikger
Thu Apr 15, 2010 8:43 am
Forum: Personal Investments
Topic: How necessary is it to have international exposure
Replies: 23
Views: 3604

How necessary is it to have international exposure

Hey folks, I know diversification is the key to a successful portfolio, but I don't really see the need to have another fund for internaitonal exposure. Wouldn't a good old S&P Index Fund and a Aggregate Bond Fund be all one needs for a retirement fund. I do own one of the Vanguard Target Retirement...
by stemikger
Fri Apr 09, 2010 4:42 pm
Forum: Personal Investments
Topic: Keeping it very simple
Replies: 13
Views: 5056

Hey Taylor. Sorry, I used my real name for the review. After my name it says Steve-O. However, here is a copy of it that I just copied from Amazon. Enjoy!! Just finished reading this great book and it will be sure to become a classic in the investing world. The one thing that really came out at me w...
by stemikger
Fri Apr 09, 2010 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Saving for a down payment and tax consequences
Replies: 24
Views: 3641

I have no words of advice, but I find this topic very interesting so I am subscribing.

Good Luck on the purchase when you go forward.
by stemikger
Fri Apr 09, 2010 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 19
Views: 3420

Hey everyone. When I ran the calculations if I pay an extra $1,679.19 a month my mortgaeg is paid off in two years. I don't fear a layoff, but I'm just a chicken little. I think my firm is done with layoffs for a while because so many were let go last year. Also, I know they were given several month...
by stemikger
Fri Apr 09, 2010 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 19
Views: 3420

Posted by DSinvestor If you're able to get ahead on the mortgage schedule and your mortgage company may allow you to recast your mortgage and lower your minimum monthly payment. It may be a useful feature to lower your monthly fixed costs if you lose your job. Thanks again for more great options. I...
by stemikger
Thu Apr 08, 2010 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 19
Views: 3420

Thanks folks. My company puts in 5% whether we contribute or not, so that is not an issue. I totally stopped in February to be mortgage free but can jump back in July. I have been putting in the max which was $16,500, but think I may only go back in 10%. Not sure, I have a few months to think about ...
by stemikger
Thu Apr 08, 2010 8:12 pm
Forum: Personal Investments
Topic: Keeping it very simple
Replies: 13
Views: 5056

Posted by Zotty stemikger, I apologize for hijacking your thread! Rude of me! No problem zotty. :D Thanks everyone for your advice. I appreciate it!!! Also, Taylor, I am honored to have you reply to my question. I loved your book the Boggleheads Guide to investing. I gave it a five star review on A...
by stemikger
Thu Apr 08, 2010 5:16 am
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 19
Views: 3420

Paying off my mortgage

Hi everyone, I am 46 years old and have $210,000 in my 401K. I recently stopped contributing to my 401K so I can payoff the house in 2 years. After two years I will go back to maxing it out. I owe $52,000 on the house. If I don't pay any extra at this point it will be paid off in 7.5 years. Do you t...
by stemikger
Thu Apr 08, 2010 5:13 am
Forum: Personal Investments
Topic: Keeping it very simple
Replies: 13
Views: 5056

Keeping it very simple

Hey folks, I like to keep things as simple as possible. I have 210,000 in my 401K and only have two funds. I have 75% in Vanguard Index 500 and 25% in Ishares aggregate bond index. I don't have any other index options in my 401K and feel I don't need international exposure because in a sense many co...