Search found 1032 matches

by investor1
Sat May 26, 2012 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Maximizing 401k contributions.
Replies: 3
Views: 675

Re: Maximizing 401k contributions.

Why not get her to max out her 401(k) through her job, and make up for her change in income by becoming her sugar daddy (limited to about the same amount as the change in her net pay)? That would save you the hassle the previous poster mentioned.
by investor1
Sat May 26, 2012 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Rollover 401k to Vanguard IRA --> Backdoor Roth
Replies: 15
Views: 6474

Re: Rollover 401k to Vanguard IRA --> Backdoor Roth

Contributions to a Roth IRA will be taxed at your current tax rate, 33%.

I would stick to tax deffered retirement accounts until your tax rate goes down.
by investor1
Sat May 26, 2012 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Rollover 401k to Vanguard IRA --> Backdoor Roth
Replies: 15
Views: 6474

Re: Rollover 401k to Vanguard IRA --> Backdoor Roth

If you are in a 33% tax bracket, why do you want to contribute to a Roth IRA rather than a tIRA? Roth accounts are best used if you think you will be paying a higher tax rate in retirement. 33% is pretty high already. Do you expect to be paying a higher rate than that in retirement?
by investor1
Fri May 25, 2012 9:25 pm
Forum: Personal Consumer Issues
Topic: legal issues with installing work software on home computer
Replies: 59
Views: 4081

Re: legal issues with installing work software on home compu

getRichSlower wrote:I read about one company who installed some type of logging software on their employees' personal computers. They used that to find out who was viewing other job openings and fired people based on that.
Source?
by investor1
Thu May 24, 2012 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Emergency fund never feels large enough
Replies: 33
Views: 4651

Re: Emergency fund never feels large enough

Keep in mind that your EF is money which is not giving you a good return. It is money which is not working for you. The greater your EF, the lower your rate of return. Don't get me wrong, I'm not saying "don't have an EF". I'm just providing an argument which might motivate you to say enough is enou...
by investor1
Tue May 22, 2012 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Help with some financial basics - new to this site
Replies: 34
Views: 2034

Re: Help with some financial basics - new to this site

The best place to start reading is the wiki on this site which someone else already posted links to. The problem with financial advisors is that they charge a fee and typically give you advice which is in their best interest (which is not necessarily your best interest). You'd be fine getting them t...
by investor1
Tue May 22, 2012 8:40 am
Forum: Forum Issues and Administration
Topic: Saving and organizing favorite posts/threads
Replies: 23
Views: 1653

Re: Saving and organizing favorite posts/threads

Is there any way to disable email notification when someone posts to a thread which I have subscribed to? I didn't notice anything when I looked through the settings. I was hoping to leverage that feature to basically bookmark threads and be able to access those bookmarks from any computer. I guess ...
by investor1
Sun May 20, 2012 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Yet Again: How much emergency funds do I need?
Replies: 18
Views: 2427

Re: Yet Again: How much emergency funds do I need?

I think three months is pretty good given the details which you posted. I agree with Taylor that you should consider putting some of your EF into a roth. My opinion is that you should either have the cash in your bank account or utilize ALL of the tax advantaged space which is available to you befor...
by investor1
Mon May 14, 2012 6:35 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for a Summer Intern
Replies: 23
Views: 3682

Re: Roth IRA for a Summer Intern

TD funds tend to remain at an AA until 25-30 years from the target date. After that, they rebalance for you every five years increasing the percentage in bonds. Sort of. They rebalance constantly and then embark on a glide path. I would not call changing the AA rebalancing . I think you understand ...
by investor1
Sun May 13, 2012 9:56 am
Forum: Investing - Help with Personal Investments
Topic: IBM stock -- employee discount
Replies: 30
Views: 4542

Re: IBM stock -- employee discount

There is a holding peroid. It is either 3 or 6 months (I can't remember). The discount is not 5% of whatever the current price is. They pick a day of the month, every month they take the closing price and give you 5% off of that for the next month. From there, the market can change, but the employee...
by investor1
Sat May 12, 2012 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Best 1st Credit Card for a young person?
Replies: 17
Views: 1886

Re: Best 1st Credit Card for a young person?

Once you start paying off your loans, you will have a credit history.
by investor1
Sat May 12, 2012 1:56 pm
Forum: Forum Issues and Administration
Topic: Saving and organizing favorite posts/threads
Replies: 23
Views: 1653

Re: Saving and organizing favorite posts/threads

Ahhhhh! And the subscribe button is at the bottom of the page when viewing a thread.

Thanks, dude!
by investor1
Sat May 12, 2012 1:32 pm
Forum: Forum Issues and Administration
Topic: Saving and organizing favorite posts/threads
Replies: 23
Views: 1653

Re: Saving and organizing favorite posts/threads

Other forums allow you to subscribe to threads. Posting to a thread automatically subscribes you to that thread. You can view and remove your subscriptions as you wish. How about enhancing the BH forum to handle that? This way we could login from any of our computers and have access to our subscript...
by investor1
Sat May 12, 2012 1:25 pm
Forum: Investing - Theory, News & General
Topic: London Whale, JP Morgan and (safety of)Our/My Vanguard Money
Replies: 40
Views: 4221

Re: London Whale, JP Morgan and (safety of)Our/My Vanguard M

All large investment firms use multiple custodial banks.
by investor1
Sat May 12, 2012 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for a Summer Intern
Replies: 23
Views: 3682

Re: Roth IRA for a Summer Intern

TD funds tend to remain at an AA until 25-30 years from the target date. After that, they rebalance for you every five years increasing the percentage in bonds. At this point in your life, there won't be much difference between at TD fund and another fund with the same AA. Go with the one with the l...
by investor1
Fri May 11, 2012 9:50 pm
Forum: Investing - Theory, News & General
Topic: Are there any Ex-Bogleheads?
Replies: 110
Views: 11036

Re: Are there any Ex-Bogleheads?

My idea of a boglehead is neither frugal or living below their means.A boglehead is someone who invests in index funds to get the market returns less lower expenses than just about everyone else.Is there some reason a boglehead would not buy a shiny new Bmw if it was within his means compared to a ...
by investor1
Thu May 10, 2012 4:18 pm
Forum: Investing - Theory, News & General
Topic: Are there any Ex-Bogleheads?
Replies: 110
Views: 11036

Re: Are there any Ex-Bogleheads?

Believe it or not there are many very successful investors who invest in individual stocks and will not touch an index fund.Seeking Alpha has a lot of very smart people who would be the anti-boglehead so to speak.A small pct.of people who are very talented at researching and picking stocks get much...
by investor1
Thu May 10, 2012 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Is Bank of America tricking me on foreclosure purchase?
Replies: 70
Views: 4501

Re: Is Bank of America tricking me on foreclosure purchase?

I don't regret offering 177k in a "multiple offer" highest-bidder-wins scenario. If you don't mind paying $177k for the house, then pay $177k for the house and enjoy. The real estate agent out played you. Either stick to your guns at $177k and enjoy the house, or move on to the next one all the wis...
by investor1
Wed May 09, 2012 6:27 pm
Forum: Personal Consumer Issues
Topic: Disappointing lazboy couches
Replies: 10
Views: 1305

Re: Disappointing lazboy couches

I have had a leather recliner for about five years now. It is holding up great and is extremely comfortable. I have no complaints. It is one of the best things I have ever bought. I use it everyday.

Note: I don't have kids or pets.
by investor1
Tue May 08, 2012 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth- how long do I wait before converting?
Replies: 6
Views: 1687

Re: Backdoor Roth- how long do I wait before converting?

You don't wait.

If you do, your investments can grow, and you will have to pay taxes on the growth at the time of conversion.

Backdoor Roths involve converting ASAP. This is limited by the number of days it takes the bank to transfer the money and how well you have automated the process.
by investor1
Sun May 06, 2012 10:54 am
Forum: Investing - Help with Personal Investments
Topic: I just fired my broker - needing advice on allocation
Replies: 16
Views: 1312

Re: I just fired my broker - needing advice on allocation

If you're planning on investing in everything in Vanguard funds, you should probably open your accounts with Vanguard. Scottrade (and any other non-Vanguard company) will charge you a slightly higher expense ratio for the same fund. This is standard practice for a company to do when you invest in an...
by investor1
Sat May 05, 2012 4:18 pm
Forum: Personal Consumer Issues
Topic: Question for users accessing financial sites from Linux/Macs
Replies: 31
Views: 2464

Re: Question for users accessing financial sites from Linux/

I run Ubuntu. Most viruses nowadays are written as Java or Adobe/Flash exploits. These are (for the most part) OS independent. Other than those, most of viruses are writen for Windows and don't run on Linux. Google "rootkits" if you want to read more about Linux viruses. To protect yourself on Linux...
by investor1
Fri May 04, 2012 9:31 pm
Forum: Personal Consumer Issues
Topic: Keep or get rid of BMW, extended warranty, etc questions
Replies: 37
Views: 6971

Re: Keep or get rid of BMW, extended warranty, etc questions

There are a lot of bad replies in this thread (not typical for this forum). If you are not a car handy guy, owning a BMW out of maintainence is NOT a boglehead way of living.

Congrats! You had fun with the BMW. Sell it, buy something more reasonable, and live a happy life.
by investor1
Fri May 04, 2012 12:13 pm
Forum: Personal Consumer Issues
Topic: Vegetable Gardening
Replies: 99
Views: 11842

Re: Vegetable Gardening

Here is my question...has anyone had any luck with pole beans in a square foot garden, or small garden? My father grew pole beans, but I dont recall how much room is needed. Are pole beans feasible in a small garden area? Ed As mudpuppy said, just be sure to give them something to grow up. Nylon tr...
by investor1
Thu May 03, 2012 12:20 pm
Forum: Investing - Theory, News & General
Topic: Do scientists invest scientifically?
Replies: 56
Views: 4064

Re: Do scientists invest scientifically?

Perhaps this is cultural, but in the parking lot if you see a flashy sports car and a 20 year old honda civic it is almost always the case that an engineer owns the sports car and the physicist owns the civic. This is not my experience at all. The sports car typically belongs to the sales guy. Old ...
by investor1
Thu May 03, 2012 9:56 am
Forum: Investing - Theory, News & General
Topic: Do scientists invest scientifically?
Replies: 56
Views: 4064

Re: Do scientists invest scientifically?

I can't speak for scientists, but engineers are Bogleheads. Efficiency by way of low ERs and taxes. Consistency by way of a low volume of trades and dollar-cost averaging.

Set it and forget it. Anybody can do it.
by investor1
Wed May 02, 2012 9:13 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard vs. the Competition"
Replies: 15
Views: 2567

Re: "Vanguard vs. the Competition"

Why are they comparing 8x% of their funds to the average of the competitors funds? Why not compare average to average?
by investor1
Tue May 01, 2012 10:13 pm
Forum: Personal Consumer Issues
Topic: .....
Replies: 14
Views: 1285

Re: I'm worried about my dad getting spammed to "invest"

Setup an account on his machine which you have access to, and enable Windows Remote Desktop. This will allow you to login to his computer remotely whenever it is on. If Remote Desktop doesn't jive with you, try VNC (such as TightVNC), which is free. If your Dad is willing to share his account with y...
by investor1
Tue Apr 24, 2012 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Delete
Replies: 1
Views: 358

Re: Newlyweds Looking to Streamline Portfolio

1. If you think your tax rate in retirement will outpace the rate of your investment gains, go with the Roth, or if you anticipate being moved to a higher tax bracket fairly soon, you could focus on the Roth now and focus on the traditional after your raise (hopefully moving you back to the lower ta...
by investor1
Fri Apr 20, 2012 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Renter's Insurance To Cover Dog Bite
Replies: 17
Views: 1967

Re: Renter's Insurance To Cover Dog Bite

If the tentant's dog bites somebody, the owner of the dog is responsible unless the tentant leaves the dog with you. I think you are over thinking this one.
by investor1
Sat Mar 24, 2012 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: When can I withdraw from a Roth IRA for a home?
Replies: 4
Views: 513

Re: When can I withdraw from a Roth IRA for a home?

You can withdraw 15k without penalty or tax. If you withdraw the entire 20k, you have no penalty, but you will pay tax on earnings because you've held the IRA less than 5 years/59-1/2. Reference: http://www.kiplinger.com/columns/ask/archive/2009/q0713.htm Paul That's what I thought. Thanks for the ...
by investor1
Sat Mar 24, 2012 11:30 am
Forum: Investing - Help with Personal Investments
Topic: When can I withdraw from a Roth IRA for a home?
Replies: 4
Views: 513

When can I withdraw from a Roth IRA for a home?

Hello, I am considering opening a Roth IRA, and I would like to understand something about it before I decide where to put my money. I'm in my late twenties and currently rent. I would like to prepare myself to be able to put down 50k-75k on a home in roughly three years. I have a savings plan which...