Search found 247 matches

by camaro327
Mon Dec 02, 2013 12:19 pm
Forum: Investing - Theory, News & General
Topic: New PenFed CD rates!
Replies: 313
Views: 50072

Re: New PenFed CD rates!

What do you guys think is better, reinvesting or taking the monthly dividends ? (I didn't major in math)Over 3 -5 years will it matter that much at these rates ? I would also set to reinvest, however I believe with Penfed you may be able to change the dividend reinvestment during the CD term. Hopef...
by camaro327
Wed Nov 27, 2013 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Execute my IPS rule re: I Bonds and TIPS?
Replies: 4
Views: 614

Re: Execute my IPS rule re: I Bonds and TIPS?

I'm thinking an IPS can be revisted from time to time. It all comes down to the cost of the LTCG vs the benefit of doing the I-bonds vs the Tips fund. From your IPS "whenever possible", does this mean without consideration for recoginizing and LT or ST CGs? I think I would skip a year as long as it ...
by camaro327
Tue Nov 26, 2013 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed pulls a "fast one"
Replies: 8
Views: 2898

Re: PenFed pulls a "fast one"

Yes this happened awhile ago. My only problem with this is lack of communication. I redeemed some rewards right after the change then they reverted back to the old reward levels for a couple weeks or so (thinking this was Aug/Sept). I did at least get them to give me some of my points back, however ...
by camaro327
Sun Nov 24, 2013 2:17 pm
Forum: Investing - Theory, News & General
Topic: Can I Bonds be part of a Bond AA?
Replies: 12
Views: 1383

Re: Can I Bonds be part of a Bond AA?

Perhaps it's semantics, but I call that side of my AA Fixed Income, not bonds. In it, I keep cash, CDs, I-bonds, bond funds, etc. I don't have any stable value funds right now, but would throw them in there too. Agree with the assessment. Cash, I-Bonds, CDs, etc. are subsets of a fixed income alloc...
by camaro327
Wed Nov 20, 2013 8:06 am
Forum: Investing - Help with Personal Investments
Topic: 401K with high ER's except for Vinix...how to diversify?
Replies: 9
Views: 1473

Re: 401K with high ER's except for Vinix...how to diversify?

+1, stick to S&P 500, use a IRA for diversification. +2 for the S&P 500. Total Int'l in IRA or Taxable, depending on when you add mid or small caps. In other words, I would build total int'l in the IRA and not consider adding any mid/small caps until the S&P 500 was a substantial amount. Also, the ...
by camaro327
Tue Nov 12, 2013 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: First Vanguard Investment - 15K
Replies: 5
Views: 1058

Re: First Vanguard Investment - 15K

Does anyone have any feedback on the 5 funds I have noted?Should I be looking at a dividend fund? I would put 10,000 towards total stock market admiral shares (lower er) and 5,000 into total international. But to help further, we need more info. See this link. http://www.bogleheads.org/forum/viewto...
by camaro327
Sat Nov 09, 2013 11:50 am
Forum: Investing - Theory, News & General
Topic: Share Certificate 3 year PenFed 2.02% apy
Replies: 61
Views: 8118

Re: Share Certificate 3 year PenFed 2.02% apy

I noticed PenFed has this verbiage at bottom of the page now.I thought they honored the posted rates for an entire month?"Annual Percentage Yield (APY) is accurate as of November 01, 2013 - November 30, 2013 and is subject to change at any time." Yes, I've only know them to stop in the middle of th...
by camaro327
Sat Nov 09, 2013 6:33 am
Forum: Investing - Help with Personal Investments
Topic: Nov I-Bonds 0.2%
Replies: 17
Views: 2635

Re: Nov I-Bonds 0.2%

I was under impression that Ibond rate will adjust by itself like a Saving account / money market? In another word, your rate is will automatically adjusted when the new rate kicks in, right? Yes. It will kick in at 6 month intervals after your original purchase date. Some examples, if you buy in N...
by camaro327
Sat Nov 09, 2013 6:30 am
Forum: Investing - Theory, News & General
Topic: Share Certificate 3 year PenFed 2.02% apy
Replies: 61
Views: 8118

Re: Share Certificate 3 year PenFed 2.02% apy

Yes, but it needs to arrive at PF before the end of the month. When I've done transfers, they have typically taken about two weeks.

Maybe someone can weigh in with a faster way.
by camaro327
Fri Nov 08, 2013 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Nov I-Bonds 0.2%
Replies: 17
Views: 2635

Re: Nov I-Bonds 0.2%

The OP's question is a bit vague. Is the money for LT or ST savings? If LT holding period and you don't have other funds, then exchanging for new ones may be a good idea. If ST, then the penalty would be approximately 0.3% (currently), and you would be holding the new bonds at least 2.5 years to bre...
by camaro327
Thu Nov 07, 2013 6:58 am
Forum: Investing - Help with Personal Investments
Topic: 42 with $125k cash and mediocre retirements - thoughts?
Replies: 31
Views: 6043

Re: 42 with $125k cash and mediocre retirements - thoughts?

I'm confused :confused , why are we doing a backdoor roth on 65K of salary? Or is this due to fluctuations in earnings?

Also as the previous poster noted, fund names helps a bunch.
by camaro327
Wed Nov 06, 2013 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Confused analyzing 401k vs Roth 401k
Replies: 16
Views: 1344

Re: Confused analyzing 401k vs Roth 401k

If you're in doubt. Maybe split it out like this: $8,750 to Roth, Traditional, and Taxable. This provides a high level of tax diversification. I'm figuring this based on your stated marginal tax rate of 50%, which by contributing to the Traditional 401k would provide the money for the Taxable. Note:...
by camaro327
Wed Nov 06, 2013 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Paying off Student loan vs. Saving
Replies: 29
Views: 2897

Re: Paying off Student loan vs. Saving

Bob's not my name wrote:They're in the 15% bracket, not the 25%.
Yes, with HHI at 90K and MFJ filing status that would be the 15% bracket.

As one or two others have mentioned, get the 401K match and put the rest on the student loan.
by camaro327
Thu Oct 31, 2013 5:24 am
Forum: Personal Consumer Issues
Topic: Mini Cooper or Fiat 500?
Replies: 49
Views: 6297

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: 1247

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: 31207

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: 817

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: 501

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: 5379

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: 8437

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: 10557

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: 870

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: 831

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: 5267

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: 2323

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: 933

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: 33686

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: 37263

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: 12625

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: 1712

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: 5360

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: 33686

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: 5111

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: 4701

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: 1731

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: 2578

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: 3618

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: 2578

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: 2578

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: 21539

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: 21539

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: 13610

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: 6855

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: 21539

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: 2930

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: 1354

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: 2953

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: 996

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: 9681

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: 1271

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.