Search found 234 matches

by camaro327
Thu Oct 31, 2013 5:24 am
Forum: Personal Consumer Issues
Topic: Mini Cooper or Fiat 500?
Replies: 49
Views: 6012

Re: Mini Cooper or Fiat 500?

Definately the Mini, excellent resale and great styling.

Or if you're looking for a Manual Transmission, the Fiesta ST (as mentioned earlier), when it's launched.

FIAT's goofy looking.
by camaro327
Fri Oct 25, 2013 11:04 am
Forum: Investing - Help with Personal Investments
Topic: EE savings bonds
Replies: 14
Views: 1235

Re: EE savings bonds

JamesSFO wrote:Keep in mind that EE bonds are guaranteed to double in value at a certain point...
Exactly, however I can't tell from the OP's original post, if it's the original maturity (doubling period) or when they stop earning interest they are referring to?
by camaro327
Thu Oct 24, 2013 7:56 am
Forum: Personal Consumer Issues
Topic: 2013/2014 Honda accord - any better values?
Replies: 66
Views: 30607

Re: 2013/2014 Honda accord - any better values?

I've driven both. The V6 definately feels more powerful, however it's somewhat useless power. The I4 has 185 hp , slick CVT, and 0-60 in 7.5 seconds. More than enough power for commuting and way faster than the regular Civic. Honda's CVT feels real smooth/nice. The V6 is top speed limited to 125, so...
by camaro327
Wed Oct 23, 2013 5:02 am
Forum: Investing - Theory, News & General
Topic: (relocated thread) - wine, cars, collectibles - demographics
Replies: 5
Views: 812

Re: (relocated thread) - wine, cars, collectibles - demograp

I personally thnk that the sun will set on mass auto collecting in the next 50'years as, to paraphrase you, the concept of what a car is changes. In a world of self driving cars, there may be no place or few places to enjoy an old ICE manual driver. I've thought about this too. It seems that the ca...
by camaro327
Sat Oct 19, 2013 5:28 am
Forum: Investing - Help with Personal Investments
Topic: Repay HSA?
Replies: 2
Views: 448

Re: Repay HSA?

No, if you put the max of $3,250 in, you cannot put any additional into your hsa. It would be like trying to contribute $6,500. This is analogous to taking distributions from a Roth IRA. You can take the distribution, but you've lost the chance for that money to compound over time since you can't pu...
by camaro327
Thu Oct 17, 2013 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Lawsuit Proceeds, Now What......
Replies: 45
Views: 5306

Re: Lawsuit Proceeds, Now What......

I might keep the car loan until I had a good handle on the taxes and the house I was deciding on.

1.49% is not bad for a short period of time such as 6 to 12 months.
by camaro327
Wed Oct 16, 2013 8:59 am
Forum: Investing - Theory, News & General
Topic: VG funds merging and other related fund news
Replies: 69
Views: 8307

Re: VG funds merging and other related fund news

After reading Vanguards release on this, it states the new fund will be known as the "The merged fund—to be named Vanguard Developed Markets Index Fund".

Why is the fund by the same name currently closed if the new fund is still an index fund. :?
by camaro327
Mon Oct 07, 2013 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Annoyed with Vanguard. How do you cancel [exchanges]?
Replies: 72
Views: 10138

Re: Annoyed with Vanguard. How do you cancel [exchanges]?

The Wizard wrote:You might want to switch to ETFs at Vanguard if you want better trading response...
I concur; mutual funds are not for market timers. It's a policy in place to aid Vanguard and its true investors.
by camaro327
Sat Oct 05, 2013 11:10 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401k vs Traditional 401k
Replies: 6
Views: 849

Re: Roth 401k vs Traditional 401k

I would lean roth, due to the 15% bracket. If you get a raise and any dollars are in the 25% bracket, make sure to make some contributions to traditional to get it back to the 15% bracket.

The 7% state tax is fairly high, but I would lean roth with the 15% bracket dollars.
by camaro327
Sat Oct 05, 2013 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Reason to keep old 401(k)?
Replies: 7
Views: 780

Re: Reason to keep old 401(k)?

If you're okay with the complexity, I would leave as is. The option to rollover the old 401k to the new 401k or ira has value. You lose this option if you move it to the new 401k.
by camaro327
Thu Oct 03, 2013 7:04 am
Forum: Personal Consumer Issues
Topic: 2007 Honda Civic, to sell or not to sell?
Replies: 57
Views: 4784

Re: 2007 Honda Civic, to sell or not to sell?

Leesbro63 wrote:Is a 2014 Civic that much safer than a 2007?


Probably due to the "stability control", yes. It may also have better crash ratings.

I own a 2009 with VSA, however only a couple models had VSA on them in 2009.
by camaro327
Thu Sep 26, 2013 7:38 am
Forum: Investing - Help with Personal Investments
Topic: interest at the bank
Replies: 19
Views: 2295

Re: interest at the bank

nisiprius wrote:I would say series I savings bonds, although you can't redeem them for a year. They pay inflation plus 0%, i.e. inflation, period. But these days that isn't bad.
+1 for this. Tax deferred, exempt from state taxes, and keeps up with "CPI" inflation numbers. Nice for a savings account.
by camaro327
Sun Sep 22, 2013 6:42 am
Forum: Investing - Help with Personal Investments
Topic: Starting Roth IRA, fixing wonky asset allocation
Replies: 6
Views: 900

Re: Starting Roth IRA, fixing wonky asset allocation

Here are some initial thoughts: 1. I would not worry about extended market or REITs at the current time. 2. I would use the total international and total stock market in the Roth. 3. Holding the American Funds Balanced in taxable is generally not recommended. If you’re in the 15% bracket any long-te...
by camaro327
Mon Aug 26, 2013 11:11 am
Forum: Personal Finance (Not Investing)
Topic: PenFed Platinum Rewards Visa CC changes
Replies: 118
Views: 33394

Re: PenFed Platinum Rewards Visa CC changes

I'm having trouble keeping up with all the changes on this card and intend to close soon. It's not really 5% or 4.25% on gas, when you get a prepaid VISA which is a PITA to keep track of the balance. Keeping tracking of the balance is a cost to having this card along with when to redeem the rewards ...
by camaro327
Fri Aug 23, 2013 10:56 am
Forum: Personal Finance (Not Investing)
Topic: PenFed Rewards Point Change?
Replies: 63
Views: 37067

Re: PenFed Rewards Point Change?

This situation with the Visa card (multiple changes snuck through with little notice and no information given to the customer service agents) is horrible. I don't want to have to read every piece of correspondence from them with a fine-toothed comb. I've got better things to do with my time.If they...
by camaro327
Wed Aug 21, 2013 2:13 pm
Forum: Investing - Theory, News & General
Topic: Gold and DJIA: What is going on?!
Replies: 137
Views: 12455

Re: Gold and DJIA: What is going on?!

And if you are in the lower tax bracket, I thought the tax rate was 15% upon sale. But it seems it is 28% across the board from what I can google now. (Anybody out there find something different let me know.) But it must be working for some that it gets taxed so high? Who knows? It's a 28% maximum ...
by camaro327
Wed Aug 21, 2013 10:59 am
Forum: Investing - Help with Personal Investments
Topic: got burned penny share
Replies: 20
Views: 1682

Re: got burned penny share

fish supper wrote:Lost 80%

7k to 1.4k
Think about it as 5.6k that you can deduct on your tax returns (limited to 3k per year).

Think about it as an oppurtunity for a tax deduction over the loss, since it has value in that regard. :beer
by camaro327
Wed Aug 14, 2013 11:08 am
Forum: Investing - Theory, News & General
Topic: What would happen if we stopped printing money?
Replies: 32
Views: 4639

Re: What would happen if we stopped printing money?

The stock prices of paper companies and ink companies that supply the treasury these items would fall.
by camaro327
Sun Aug 11, 2013 6:22 am
Forum: Personal Finance (Not Investing)
Topic: PenFed Platinum Rewards Visa CC changes
Replies: 118
Views: 33394

Re: PenFed Platinum Rewards Visa CC changes

It's vertical with flat numbers, not raised so the old style credit card reader thingamajiggy won't work on it.

I'm not sure if it's optional or not. I would just call to find out.

It probably cuts costs to remove the raised numbers and they are seldom used.
by camaro327
Fri Aug 09, 2013 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Bad idea to buy i-bond now?
Replies: 39
Views: 5055

Re: Bad idea to buy i-bond now?

I believe the Fed has a 2% target for inflation. So your purchasing a variable rate targeted to 2%, which is equivalent to the best 5 year CDs. These are excellent for an EF or replacement for CDs and short term bond funds.
by camaro327
Wed Aug 07, 2013 7:07 am
Forum: Investing - Help with Personal Investments
Topic: What exactly does "max out the 401k" mean?
Replies: 26
Views: 4643

Re: What exactly does "max out the 401k" mean?

It means you watch Mad Max Movies while you review your quarterly 401K statements. :happy
by camaro327
Tue Aug 06, 2013 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Gramps wants to use I-bonds to buy a 529 plan
Replies: 16
Views: 1688

Re: Gramps wants to use I-bonds to buy a 529 plan

#Cruncher wrote: Therefore I suggest you hold on to them and find some other way to fund a 529.
I agree. You might earn more with a balanced fund, but there is no guarantee and your getting 3% to 2% (Fed Target) for the next 18 years or so.
by camaro327
Fri Aug 02, 2013 3:55 pm
Forum: Investing - Theory, News & General
Topic: Taxable investing in the 15% marginal bracket...
Replies: 19
Views: 2542

Re: Taxable investing in the 15% marginal bracket...

RustyShackleford wrote:Yup, what he said.
Makes sense. The "official" marginal is still 25%, however how all the math works is 30%. This is similar to how the tax on SS benefits works. Still making more is better, but the actual effects can be somewhat hidden, as in the 30%.
by camaro327
Fri Aug 02, 2013 10:59 am
Forum: Personal Consumer Issues
Topic: Help with picking a mid-size luxury sedan
Replies: 28
Views: 3538

Re: Help with picking a mid-size luxury sedan

Lexus or Acura.

BMW is a shop queen.
by camaro327
Thu Aug 01, 2013 10:57 am
Forum: Investing - Theory, News & General
Topic: Taxable investing in the 15% marginal bracket...
Replies: 19
Views: 2542

Re: Taxable investing in the 15% marginal bracket...

555 wrote:It's worth noting that in this case, the marginal tax rate on the regular income is actually 30%.
Regular income from 35,350 to 38,000 would be a 25% federal marginal tax rate. I'm not sure were the 30% is coming from (not one of the current federal brackets).
by camaro327
Thu Aug 01, 2013 6:57 am
Forum: Investing - Theory, News & General
Topic: Taxable investing in the 15% marginal bracket...
Replies: 19
Views: 2542

Re: Taxable investing in the 15% marginal bracket...

I'll use a single filer in the 15% bracket as an example: Single Filer 2012 with 38,000 of taxable income. From the following sources: Regular taxable income 28,000. LTCGs of 10,000. The top of the 15% tax bracket is/was for 2012 35,350. This gives 0% LTCG tax on (35,350 - 28,000) = 7,350. and 15% L...
by camaro327
Tue Jul 30, 2013 3:08 pm
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 20844

Re: New Honda Accord v/s CPO BMW 328i

BMW fun to drive...sure...when it is not in the shop. I guess that's what I was missing on the BMW being the superior status car. Bragging rights for most time in the shop and highest price replacement parts. Wow! It would leave people impressed like "can you imagine how much so and so makes, they ...
by camaro327
Mon Jul 29, 2013 11:29 am
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 20844

Re: New Honda Accord v/s CPO BMW 328i

I think we need to play truth and myth: Truth: The BMW is probably a hoot to drive compared to the Accord as long as it is in I-form or higher. Myth: The BMW is the higher status car. What a laugh. Who has the highest resale value, reliability, and a consumer reports top pick. Seriously the status i...
by camaro327
Fri Jul 26, 2013 6:46 am
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 93
Views: 13298

Re: Really hard to avoid "Keeping up with the Joneses"!

Greenie wrote: I take pleasure looking at my investing statements not the car in my garage. (2010 Subaru Outback that I'll keep 10 years)
I disagree, I do take pleasure looking at my 2009 Civic in my garage and knowing it's paid off. :wink:
by camaro327
Thu Jul 25, 2013 7:05 am
Forum: Investing - Help with Personal Investments
Topic: What Are You Using for Your Emergency Funds?
Replies: 63
Views: 6543

Re: What Are You Using for Your Emergency Funds?

I-bonds and on-line interest savings account.

CDs with a small break penalty would be good too.
by camaro327
Wed Jul 24, 2013 6:11 pm
Forum: Personal Consumer Issues
Topic: New Honda Accord v/s CPO BMW 328i
Replies: 88
Views: 20844

Re: New Honda Accord v/s CPO BMW 328i

I don't think there's a big difference. Both are status cars.

BMW says I've got the money to pay big car repair bills.

Accord says I like cars that have high residual values.

:sharebeer
by camaro327
Wed Jul 24, 2013 1:49 am
Forum: Investing - Help with Personal Investments
Topic: Investment Question for Chunk of Cash
Replies: 7
Views: 2919

Re: Investment Question for Chunk of Cash

Johm221122 wrote:I would not personally invest in stocks for that time period, but look at Vanguard Tax Managed Balance Fund
Welcome to forum
John
I concur. Stocks are to risky for a 5 to 10 year investment horizon. This is the realm of CDs and short term bond funds.
by camaro327
Wed Jul 24, 2013 1:46 am
Forum: Personal Finance (Not Investing)
Topic: How to save for the rest of 2013
Replies: 4
Views: 1348

Re: How to save for the rest of 2013

Okay, you're anticipating making 21.5K or so this year. In addition to your husbands's salary that would be 91.5K. Since your in the 15% federal tax bracket, the Roth would make sense for your contributions this year . However, next year you would be at 120K or so, in which case your husband and you...
by camaro327
Tue Jul 23, 2013 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $250 per month
Replies: 6
Views: 2893

Re: What to do with $250 per month

Depends, if it is retirement money definitely the 401k. If it's for a 10 to 15 year goal then taxable may make sense.
by camaro327
Mon Jul 22, 2013 8:49 am
Forum: Investing - Help with Personal Investments
Topic: First time buying EE Bonds
Replies: 11
Views: 988

Re: First time buying EE Bonds

Double in 20 years, then earn 0.20% annually for the next 10 years.
by camaro327
Sat Jul 20, 2013 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Do the majority of people pay their Credit Card bill online
Replies: 117
Views: 9535

Re: Do the majority of people pay their Credit Card bill onl

I use bill pay manually. This helps to make sure I review each statement before I send payment.

I believe my bank also offers bill notification for several companies, but I have yet to use that feature.
by camaro327
Wed Jul 10, 2013 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: EE bonds as only fixed income allocation
Replies: 9
Views: 1206

Re: EE bonds as only fixed income allocation

Do you plan to wait 20 years to rebalance?

Only 10,000 a year to invest in ibonds. (Starting out this would probably do though)

I would not go EE bonds alone, but might consider a 50/50 split with total.
by camaro327
Wed Jul 10, 2013 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Disgusting mailer from Fidelity
Replies: 44
Views: 6290

Re: Disgusting mailer from Fidelity

I received an email from Fidelity a week or so ago warning me my asset allocation is terribly out-of-whack for my age. This has 2 fundamental problems: 1. There not taking into account you might have an IRA or taxable investment account. But really it's none of their #@#@% business what other accoun...
by camaro327
Wed Jul 10, 2013 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Why/how such big disparities in CD rates?
Replies: 20
Views: 2637

Re: Why/how such big disparities in CD rates?

More supply demand on a per bank/cu basis. Why pay a competitive rate if you have enough deposits? Or, raise rates if you need to attract deposits.

Different banks/cus have different business models, so rates would be driven off of the model also.
by camaro327
Wed Jul 03, 2013 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: How do I TLH gold?
Replies: 20
Views: 1985

Re: How do I TLH gold?

I have gold ETF IAU in my portfolio and it has been down a lot this year. I am considering TLH it. To do TLH, can I just sell IAU and buy GLD immediatly? If this doesn't work, what are the other alternatives? Thanks in advance! I think this would work. I think if you look at the prospectus that the...
by camaro327
Mon Jul 01, 2013 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Exchange to Admiral shares in taxable account: Owe taxes?
Replies: 10
Views: 1506

Re: Exchange to Admiral shares in taxable account: Owe taxes

Do as follows:

Day 1: Purchase $4,000 invester shares in total stock market.

Day 2: Convert (as suggested by momar to admiral shares. Call Vanguard if you want to make sure to get this right.
by camaro327
Mon Jul 01, 2013 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Getting rid of reverse mortgage
Replies: 9
Views: 3301

Re: Getting rid of reverse mortgage

Definitely sounds like a Home Equity Loan (Floating Rate).
by camaro327
Sun Jun 30, 2013 5:59 am
Forum: Investing - Help with Personal Investments
Topic: Should we take (small) early withdrawal penalty?
Replies: 8
Views: 990

Re: Should we take (small) early withdrawal penalty?

With your 15% + 7% middling tax bracket you have two good options which have been mentioned: 1. Roll the money to a Roth IRA and pay the small conversion tax (no penalty) and add at least enough to get into the Star Fund (min 1,000). 2. Or you can keep it as traditional and add $250 that way to get ...
by camaro327
Mon Jun 24, 2013 11:16 am
Forum: Investing - Theory, News & General
Topic: Spanked on Retirement, Gen X Still Doesn't Get It
Replies: 60
Views: 13684

Re: Spanked on Retirement, Gen X Still Doesn't Get It

nedsaid wrote:This is why people need an emergency fund.
I think some people had an EF and turned it into a vacation fund, new car fund, etc.
by camaro327
Fri Jun 21, 2013 3:57 pm
Forum: Personal Consumer Issues
Topic: Why buy expensive cars
Replies: 271
Views: 32881

Re: Why buy expensive cars

Unfortunately, that's 90% my commuting, and as much as it's frustrating to be in traffic in a Toyota, it would be 100 times worse knowing the car I'm driving wants to and can go 180mph! It's even worse when the dealer's service department wants to do things to you and your wallet that would be inap...
by camaro327
Fri Jun 21, 2013 3:52 pm
Forum: Personal Consumer Issues
Topic: Why buy expensive cars
Replies: 271
Views: 32881

Re: Why buy expensive cars

10 days ago I drove a Toyota Corolla rental car on Long Island - just a dreadful, joyless, plasticky smelling experience. A few days later I drove a 450hp, $110k BMW 650i over German country roads and Autobahn - awesome, exhilarating, memorable. Under proper circumstances (nice weather, left lane, ...
by camaro327
Wed Jun 19, 2013 7:17 am
Forum: Investing - Help with Personal Investments
Topic: CPA thinks putting more money in 401k is a bad idea
Replies: 18
Views: 3640

Re: CPA thinks putting more money in 401k is a bad idea

If your AGI (MFJ filing status) is 68,000 you are only in the 15% marginal bracket. This may be why your CPA is giving you this advice. If you are in the 15% bracket it may make sense to contribute to Roth accounts (Roth 401k, if that is an option). I think we need more information otherwise, as one...
by camaro327
Tue Jun 11, 2013 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Long-term TIPS ETF
Replies: 5
Views: 454

Re: Long-term TIPS ETF

I'm not sure what the duration is on this ETF, but I would continue to hold it if I didn't need the money for 15+ years. Short term tips etf for shorter term goals. It might be a good time to add to this holding, if your IPS calls for it or rebalance to whatever percentage your IPS has to tips type ...
by camaro327
Sat Jun 08, 2013 6:40 am
Forum: Investing - Help with Personal Investments
Topic: Need some help picking thru a barrel of rotten apple funds
Replies: 21
Views: 1715

Re: Need some help picking thru a barrel of rotten apple fun

I agree with most of the above comments. 500 index, sm value index, reit (if you're IPS/plan calls for it), and stable value as long as yield at 1% or higher as telemark mentioned. Save the international for your IRA or taxable. Not a bad 401k, not great either. A lot of these 401ks (including the o...
by camaro327
Fri Jun 07, 2013 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Paid off mortgage today
Replies: 73
Views: 7405

Re: Paid off mortgage today

I wired the payoff amount to the mortgage company today. The balance started in 2008 at $300,000 at 5.25% and we re-fi'd to 3.25% in July 2011. Our gross income varied from ~$90,000-200,000 during that time. We never touched our 6 month emergency fund and continued sending ~20% to retirement and fu...