Search found 1924 matches

by MP173
Thu Feb 21, 2008 9:35 am
Forum: Investing - Theory, News & General
Topic: J. Clements: Taxable investing better than unmatched 401k?
Replies: 58
Views: 11819

This is an interesting conversation. The concern about rising taxes, is a valid one. How will it affect our retirement? That is the crystal ball everyone wishes they had. Adrian, you mentioned 2% 401k plan fees. Was that a general statement about poor plans, or is there something I am missing with m...
by MP173
Mon Feb 11, 2008 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k
Replies: 3
Views: 1152

The articles I read since my original post, all indicate the tax diversification would be a key benefit. After reading the articles, I am inclined to go ahead and sign up. The smaller take home paycheck would not be an issue. The way I view this, I could roll over the Roth 401 into a Roth IRA. I wou...
by MP173
Mon Feb 11, 2008 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k
Replies: 3
Views: 1152

Roth 401k

The 401K plan administrator had meetings today and it was announced that a Roth 401k would be offered later this year. What decision making process should I use for determining whether or not to join this? Does anyone know of good websites covering this product. The plan administrator, when asked qu...
by MP173
Mon Feb 11, 2008 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: prenuptial agreements
Replies: 65
Views: 16920

Good answers. Bounca, the point of a pre-nup in our situation would primarily be for the distribution of assets as we desire. Like one other poster, I am concerned that my sons would receive assets that were their mother's (she is deceased). Likewise there are assets that my fiance has which should ...
by MP173
Sun Feb 10, 2008 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: prenuptial agreements
Replies: 65
Views: 16920

I am 52 with 2 kids and my fiance is 51 with 2 kids. We plan on marriage later this year. Pre nups are in the plan.

I am curious about other's experiences.

ed
by MP173
Thu Feb 07, 2008 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: First time Poster’s IRA @ $1,000,000: Shares Wisdom Learne
Replies: 151
Views: 78777

Retired at 48:

A personal question...why did you retire at age 48?

ed
by MP173
Sun Jan 06, 2008 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Investment Timing
Replies: 11
Views: 3044

ADP administers our 401k and i have noticed it takes about a month to process the transfer. At one time companies were allowed up to 90 days to make the transfer...not sure if that is still the case.

ed
by MP173
Tue Jan 01, 2008 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Living with Parents to Save Money
Replies: 61
Views: 15134

My son has been home for 3 weeks from college and I am ready for him to return to school. We get along great, but at a certain point in time we start to clash. Probably has to do with him living like a college student (sleep til noon, dont pickup dishes, clothes, etc). I cannot imagine him living wi...
by MP173
Tue Jan 01, 2008 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Net Worth, Investment Performance, etc. What do you track?
Replies: 23
Views: 5880

I use the Morningstar Portfolio tool. In it all securities are entered, including cash and savings bonds. The portfolio is updated about once a month to include new investments. The cash and savings bonds do not update themselves, so about 2x year I change those amounts. Not included is real estate,...
by MP173
Mon Dec 31, 2007 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Middle age marriage
Replies: 4
Views: 1465

Thanks for the replies. In my case, there was not a divorce (widow), so I didnt go thru all the bitterness and fighting. She did, (as did the other women I dated...boy was that a turnoff). I have no idea of where to start as far as the assets are concerned. I think the simple thing would be to have ...
by MP173
Sun Dec 30, 2007 11:31 pm
Forum: Investing - Theory, News & General
Topic: What mistakes have your financial advisor made?
Replies: 32
Views: 7480

In 1994 I scheduled an appointment with my "financial advisor". During the appointment all we did was talk about him and his career and how he was changing directions, moving to estate planning. We never really discussed why I was there, after 20 minutes I was pretty much turned off by the entire pr...
by MP173
Sun Dec 30, 2007 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Middle age marriage
Replies: 4
Views: 1465

Middle age marriage

In the upcoming year I will re-marry. We are both in our early 50's, each with 2 children. Three of the four are either graduated from college or in their senior years. One child (mine) is 13 and lives with me. Does anyone have any suggestions/recommendations for handling the assets for this? A "pre...
by MP173
Wed Dec 26, 2007 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Investing mother-in-law's life insurance proceeds
Replies: 13
Views: 2812

I have been thru this and agree completely with the MM or similar type cash investments. This is possibly a bit over your head (it was mine) and I sought out some help with the projected income and expense scenarios (I then had two sons ages 5 and 14) and also tax situations, etc. While no one can a...
by MP173
Sun Dec 23, 2007 9:26 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Fund or College Fund?
Replies: 6
Views: 1527

I am not nearly the personal finance wiz as many on this forum are, but...I have a little practical experience. My oldest son is in his last year of college and will graduate with no college loan debt. I established UGMT accounts for him at a very early age and funded those accounts, usually with au...
by MP173
Thu Dec 20, 2007 10:33 pm
Forum: Investing - Theory, News & General
Topic: Wiener is discovering Index Fund Advantage?
Replies: 10
Views: 2738

Cant say that I blame you Petrocelli.

ed
by MP173
Thu Dec 20, 2007 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off Mortgage early?
Replies: 45
Views: 11767

Excellent discussion. A couple of years ago while driving (lots of time to think) I decided to ramp up the payments and see how quickly I could pay off the house and the new car. Well, the car got paid off in 18 months and the house will take another 12 months, if I dont sell it first. BTW, I sleep ...
by MP173
Mon Dec 17, 2007 10:20 pm
Forum: Investing - Theory, News & General
Topic: Cost of Capital and Value Stocks
Replies: 9
Views: 1679

Why would value stocks be deemed of higher risk? I would think just the opposite.
ed
by MP173
Fri Dec 14, 2007 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds -> VG: What to keep, what to cut?
Replies: 28
Views: 6320

Washington Mutual has a current M* rating of 3, not 2.

ed
by MP173
Fri Dec 14, 2007 9:12 am
Forum: Forum Issues and Administration
Topic: Diversity of opinions?
Replies: 52
Views: 13319

I did read the rules and etiquette section after posting. I am one of those guys that never reads the instruction book. Also, thanks for the responce to the HCE on the 401k thread. I took a look at both and neither really addresses my issue. So I guess it is back to the HR dept. Grayfox, I tend to a...
by MP173
Fri Dec 14, 2007 9:06 am
Forum: Investing - Theory, News & General
Topic: Workforce saving for only 22% of pre-retirement income
Replies: 22
Views: 4205

Adrian:

Could you clarify the statement "high fees that eat up 1/3- 1/2 of the portfolio during a lifetime of work."

I find that hard to believe, but do have an open mind. Am I missing something here?

Thanks,

ed
by MP173
Thu Dec 13, 2007 11:03 pm
Forum: Forum Issues and Administration
Topic: Diversity of opinions?
Replies: 52
Views: 13319

Wow.

Too bad he is gone. I found his explanations pretty dead on and educational.

As a new poster, I guess it is important to understand the rules for conduct here.

Alex, perhaps you can point me in the right direction on how to get along.

ed
by MP173
Thu Dec 13, 2007 10:52 pm
Forum: Investing - Theory, News & General
Topic: Workforce saving for only 22% of pre-retirement income
Replies: 22
Views: 4205

I am pretty fortunate with my employer's 401k. It could be better, no doubt, but overall it has been a very good benefit. I do have an issue with the administrator. They changed over to an insurance company provider and offered mutual funds, but funny thing is the "funds" dont have the NAV's as comm...
by MP173
Thu Dec 13, 2007 10:42 pm
Forum: Investing - Theory, News & General
Topic: Whole life insurance
Replies: 60
Views: 18154

Insurance Guy: I really appreciate your explanation of the WL insurance product. I have a couple of small policies (taken out at ages 2 and 10) and have never really understood them. Investing an hour on this thread has helped. Also, for the record, term life insurance has been an important part of ...
by MP173
Fri Dec 07, 2007 6:38 pm
Forum: Investing - Theory, News & General
Topic: 401k law: Got a bad feeling about this
Replies: 44
Views: 7460

Insurance Guy and others: I have a question on 401k rules. My employer has a 401k program and I maxed out at $15,500 last month. I am 52 and asked about the "catchup provision". After signing necessary paperwork and making arrangements for a contribution above and beyond the $15,500 level I was info...