Search found 642 matches

by ajcp
Sat Apr 12, 2014 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 20340

Re: Laid off today... TODO list?

Note that for the 55 withdrawal, you have to be working at the company in the year that you turn 55. So can't retire at 52 and start withdrawing from the 401k at age 55. But if you get a new job, you can rollover the old 401k into the new one, then retire in the year you turn 55 (or later) and take ...
by ajcp
Sat Apr 12, 2014 7:29 pm
Forum: Personal Investments
Topic: My Investment Policy Statement
Replies: 13
Views: 1382

Re: My Investment Policy Statement

Out of curiosity, what do people with an IPS do in the event of another Japan-like scenario? Do they keep rebalancing into stocks on a quarterly or annual basis and continue to lose money if that's what their IPS says? The problem is, you don't know if it's a Japan scenario or a 2008 until after th...
by ajcp
Sat Apr 12, 2014 5:18 pm
Forum: Investing - Theory, News & General
Topic: Stock markets in free fall?
Replies: 92
Views: 9307

Re: Stock markets in free fall?

If you define "risk" in terms of beta, or volatility, then stocks are riskier the longer the time horizon. The longer you invest, the greater the dispersion of possible outcomes. Hence, greater risk. L. I've never been a fan of calling something riskier if it had a greater range of outcom...
by ajcp
Sat Apr 12, 2014 8:30 am
Forum: Personal Investments
Topic: Help with HSA investment choices
Replies: 2
Views: 613

Re: Help with HSA investment choices

Do you need to have your HSA be considered separate from your other retirement assets? I would consider your assets as one big group. Just use VTSMX in the HSA, and include extra bonds and international in your retirement investments so that the total numbers for everything come out to your desired ...
by ajcp
Sat Apr 12, 2014 8:23 am
Forum: Personal Investments
Topic: Paying a load fee for a lower expense ratio?
Replies: 6
Views: 1503

Re: Paying a load fee for a lower expense ratio?

Another reason to favor the 401(k) over the TIRA is as you advance in your career, some day you will find you are not eligible to make direct Roth IRA contributions. The TIRA will prevent back door Roth. I don't anticipate every having this problem, but I'll be pleasantly surprised if I'm wrong :mr...
by ajcp
Sat Apr 12, 2014 7:48 am
Forum: Personal Finance (Not Investing)
Topic: A story, and a feeling of financial under-accomplishment
Replies: 49
Views: 13220

Re: A story, and a feeling of financial under-accomplishment

Despite all this, I feel like I'm behind in life. I feel terribly under-accomplished. I read about people on this forum who are like 23-26, with 100k savings. I'm not sure how to react to that. You could be in the 90th percentile financially and easily be lagging the people on this forum. There's n...
by ajcp
Fri Apr 11, 2014 5:22 am
Forum: Personal Finance (Not Investing)
Topic: How to Apply for a New Credit Card
Replies: 10
Views: 1378

Re: How to Apply for a New Credit Card

1. I think it is. I have mine set up to automatically do a statement credit every time I hit $25 cash back. 2. It will have a slight negative impact, but it will go away with time. Unless you're going to be applying for a mortgage soon, don't worry about it. 3. Apply on their website or call them, w...
by ajcp
Fri Apr 11, 2014 5:08 am
Forum: Personal Investments
Topic: Paying a load fee for a lower expense ratio?
Replies: 6
Views: 1503

Re: Paying a load fee for a lower expense ratio?

Hate the idea of your giving up the fed and long-term growth tax advantages of a traditional IRA just because of the NJ tax tail on the buy-in. Maybe instead of looks at the one-year tax-cost, look instead at the long-term growth sheltered. I realize you don't want a Roth IRA, but if I had to choos...
by ajcp
Thu Apr 10, 2014 11:53 am
Forum: Personal Investments
Topic: Paying a load fee for a lower expense ratio?
Replies: 6
Views: 1503

Paying a load fee for a lower expense ratio?

First I should clarify - This is about an IRA vs a 401k (my income is low enough that I'm not maxing both at the moment, so the question is which should get priority after employer match). The "load fee" is actually NJ income tax. NJ has decided that IRAs should not be deductible, so I'll ...
by ajcp
Tue Apr 08, 2014 8:53 pm
Forum: Investing - Theory, News & General
Topic: Interest rates will rise, so flee REITS and Bonds?
Replies: 17
Views: 8004

Re: Interest rates will rise, so flee REITS and Bonds?

I hope rates rise (as long as inflation doesn't go through the roof too). Sure, there may be a temporary hit in some or even all asset classes, but in the long run I'll be better off. Plus, I'm pretty much done borrowing for the rest of my life. I don't need low rates any more, I need high ones! Ye...
by ajcp
Tue Apr 08, 2014 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Credit Threatened By Mega Cell Carrier After Bill Dispute
Replies: 14
Views: 1589

Re: Credit Threatened By Mega Cell Carrier After Bill Disput

Winning the credit card dispute doesn't mean you don't owe the bill, it just means the cc didn't pay them and charge you...but they are still allowed to collect it. IANAL, so I don't know if anything illegal has been done. But if the bill is valid, then it's an unpaid debt which could hurt your cred...
by ajcp
Tue Apr 08, 2014 8:32 am
Forum: Personal Consumer Issues
Topic: I don't want to upgrade XP just yet, is that ok?
Replies: 86
Views: 11704

Re: I don't want to upgrade XP just yet, is that ok?

It also doesn't take 20 hours to build a computer.
by ajcp
Mon Apr 07, 2014 10:34 am
Forum: Personal Investments
Topic: Where should I put my money? index funds, house, rentals
Replies: 4
Views: 1078

Re: Where should I put my money? index funds, house, rentals

If I only pay the minimum on the mortgage and take my extra cash of around 12,000 a year and put them in index funds with a average yield of 6% I would have earned over 1.4 million dollars over the same 30 years. Yes, if you borrow money at x% and invest/get interest at y% on that money, you will h...
by ajcp
Mon Apr 07, 2014 6:49 am
Forum: Personal Consumer Issues
Topic: Inexpensive Win7 laptop that will support 2 to 3 monitors?
Replies: 37
Views: 5160

Re: Inexpensive Win7 laptop that will support 2 to 3 monitor

I don't connect my laptop to external monitors, so my experience is limited to desktop multi monitor setups, but here is what I know. I don't think 2 monitors will be a problem. 3 may be a little more tricky. When I was looking for a new computer (which tbf was a couple years ago), not all video car...
by ajcp
Sun Apr 06, 2014 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Buying new issue CDs
Replies: 7
Views: 1042

Re: Buying new issue CDs

If you buy them through a brokerage, they are brokered cds, which behave differently from regular cds. They can be sold (possibly for a loss) but can't be turned in for an early withdrawal penalty. If you plan to hold to maturity, I dint think it would make a huge difference.
by ajcp
Sun Apr 06, 2014 7:19 pm
Forum: Personal Consumer Issues
Topic: What to do with Win computers?
Replies: 51
Views: 4669

Re: What to do with Win computers?

ieee488 wrote:
VictoriaF wrote: When I am ready to throw away old machines, or otherwise dispose of them, I am planning use CCCleaner.
DBAN
+1
by ajcp
Sun Apr 06, 2014 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security benefits question
Replies: 8
Views: 780

Re: Social Security benefits question

They use 35 years whether you have them or not, so they'll fill in zeros as necessary. Who paid more into ss: Someone making 100k for 10 years Someone making 50k for 35 years The 2nd person paid more, so it makes sense for them to have a bigger benefit (the first would have an assumed 25 0 years) Do...
by ajcp
Sun Apr 06, 2014 6:37 pm
Forum: Personal Consumer Issues
Topic: What to do with Win computers?
Replies: 51
Views: 4669

Re: What to do with Win computers?

RE: virtual machines First, you need a processor that supports virtualization. Given how old your computers are, they may not. Second, assuming you didn't install Windows on the old computers, they came with the oem version. You can't install an oem version that has already been installed on a new s...
by ajcp
Sun Apr 06, 2014 8:20 am
Forum: Personal Investments
Topic: Are we saving too much or too litte?
Replies: 28
Views: 4025

Re: Are we saving too much or too litte?

Sorry to be negative but it looks like way too little to me for early retirement unless you can basically live on the $70k from pensions. You are not maxing out the contributions to the 403b and wife only saves in her IRA. I get an eyeball total in your retirement accounts of about $175k. That's co...
by ajcp
Sun Apr 06, 2014 7:49 am
Forum: Investing - Theory, News & General
Topic: Barclay 5 yr. CD and Dream account savings
Replies: 5
Views: 1640

Re: Barclay 5 yr. CD and Dream account savings

Yea I'm not clear on what exactly you would finish with, but I made the most beneficial assumptions and you would finish with $20,173.92. Whether that is gimmicky or not is up to you.
by ajcp
Sun Apr 06, 2014 5:36 am
Forum: Personal Consumer Issues
Topic: Replacement for Windows XP Computer
Replies: 72
Views: 7063

Re: Replacement for Windows XP Computer

petrico wrote: * e.g., slamming a window into the left or right side of the screen re-sizes the window to exactly half the screen width; pulling it away restores the former size;
Those and other Aero features were introduced in 7. But yes, they are great.
by ajcp
Fri Apr 04, 2014 2:58 pm
Forum: Personal Investments
Topic: Down Payment Savings -- How to best invest (or hold)
Replies: 2
Views: 699

Re: Down Payment Savings -- How to best invest (or hold)

dww26 wrote: High Yield Savings or Money Market accounts, with APYs between 0.80% and 0.95%
This would be my choice. I wouldn't worry about funds, especially equities, with only a couple years to go.
by ajcp
Fri Apr 04, 2014 2:51 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Date funds - stair step vs slope
Replies: 9
Views: 1099

Re: Vanguard Target Date funds - stair step vs slope

Yea, there are some big jumps as you get closer to retirement age. You can start now in the retirement fund, then move over to the individual funds and slope however you wish when you have more money.
by ajcp
Fri Apr 04, 2014 9:54 am
Forum: Personal Consumer Issues
Topic: Preventing Office Theft of Food and Other Stuff
Replies: 78
Views: 10927

Re: Preventing Office Theft of Food and Other Stuff

In "Predictably Irrational" Dan Ariely describes experiments with different tempting items put into college-dorm refrigerators. When a bundle of Coca-Cola cans was placed in, all the cans have disappeared fairly quickly. When a plate with one-dollar bills was placed in (of equivalent valu...
by ajcp
Fri Apr 04, 2014 9:37 am
Forum: Personal Consumer Issues
Topic: Preventing Office Theft of Food and Other Stuff
Replies: 78
Views: 10927

Re: Preventing Office Theft of Food and Other Stuff

In "Predictably Irrational" Dan Ariely describes experiments with different tempting items put into college-dorm refrigerators. When a bundle of Coca-Cola cans was placed in, all the cans have disappeared fairly quickly. When a plate with one-dollar bills was placed in (of equivalent valu...
by ajcp
Fri Apr 04, 2014 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 20340

Re: Laid off today... TODO list?

Could this be any more snarky? I was the acknowledged best in my job title and still got laid off for 6 months before they called and asked me to come back to work. At over 60 years of age all of my attempts to gain employment elsewhere failed. Ok...then my post wasn't about you, and I'm sorry for ...
by ajcp
Thu Apr 03, 2014 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 20340

Re: Laid off today... TODO list?

To be eligible for unemployment, you have to be honestly looking for a new job correct? Not that op has indicated plans to do anything fraudulent, but a couple of the responses have been kind of murky. In the state of Oregon, your termination is reviewed by a caseworker to determine if you are elig...
by ajcp
Thu Apr 03, 2014 10:29 am
Forum: Personal Consumer Issues
Topic: Cutting ties with Cable
Replies: 43
Views: 5701

Re: Cutting ties with Cable

I'm sure eventually it will happen, but I wouldn't be holding my breath. There's billions of dollars being spent forcing people like you to choose between getting rid of cable and keeping sports. Consider watching sports at your local brewpub, and compare that to what you are paying for cable. It's...
by ajcp
Thu Apr 03, 2014 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Laid off today... TODO list?
Replies: 97
Views: 20340

Re: Laid off today... TODO list?

To be eligible for unemployment, you have to be honestly looking for a new job correct? Not that op has indicated plans to do anything fraudulent, but a couple of the responses have been kind of murky.
by ajcp
Thu Apr 03, 2014 9:48 am
Forum: Personal Consumer Issues
Topic: Cutting ties with Cable
Replies: 43
Views: 5701

Re: Cutting ties with Cable

I do wonder when and how the issue with live sports will be resolved by these non-cable TV service providers. I assume its a matter of when, not if... I'm sure eventually it will happen, but I wouldn't be holding my breath. There's billions of dollars being spent forcing people like you to choose b...
by ajcp
Mon Mar 31, 2014 10:13 am
Forum: Personal Consumer Issues
Topic: credit report
Replies: 12
Views: 1483

Re: credit report

The two above explained how to get the credit report. This is what I did to get a free credit score. I kept asking my credit card company to increase my credit limit until they denied me. When they denied me, the letter stating the denial had my credit score. I don't know if this will work for all ...
by ajcp
Mon Mar 31, 2014 6:30 am
Forum: Investing - Theory, News & General
Topic: how to perform a conservative fund search ?
Replies: 4
Views: 527

Re: how to perform a conservative fund search ?

What is the purpose of this conservative fund and money? Are you saving for retirement but just risk averse, are you going use it to buy a house in a year or two...?
by ajcp
Sun Mar 30, 2014 11:24 am
Forum: Personal Investments
Topic: HSA transfer (Health Equity to Vanguard)
Replies: 29
Views: 5920

Re: HSA transfer (Health Equity to Vanguard)

Yea, I'd just stick with HSA Bank.
by ajcp
Sun Mar 30, 2014 11:11 am
Forum: Personal Consumer Issues
Topic: Windows 8/7
Replies: 69
Views: 6573

Re: Windows 8/7

OverTheHill wrote: My computer guy says that Windows 8 will be good whenever they get all the junk fixed, which is what Microsoft said with Vista too.
In fairness, it turned out to be true.
by ajcp
Sun Mar 30, 2014 8:09 am
Forum: Investing - Theory, News & General
Topic: Fewer, large contributions vs smaller, regular contributions
Replies: 14
Views: 1538

Re: Fewer, large contributions vs smaller, regular contribut

LOL! Maybe the Monday "pattern" is only because it is the 1st trading day of the week and since there is a slow inexorable upward trend in the stock market, then the sooner the better which means Monday. What if investing on the Friday the before the Monday was better? :) Exactly. People ...
by ajcp
Sat Mar 29, 2014 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: age 55 for 401(k)
Replies: 4
Views: 992

Re: age 55 for 401(k)

I don't think that's completely right. You have to still be working in your 55th year, then you can retire and withdraw, right?

But I am surprised this isn't talked about as much. Maybe because most people aren't retired before 59 anyway?
by ajcp
Sat Mar 29, 2014 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: HSA year to year rollover rules
Replies: 6
Views: 635

Re: HSA year to year rollover rules

You're correct. Maybe it's not actually an HSA? Or this is a new plan for the company and the HR rep isn't educated on the details yet? I'd ask HR some follow up questions.

And the company is contributing $230 every pay period? That's pretty high from what I've seen.
by ajcp
Sat Mar 29, 2014 4:16 pm
Forum: Personal Consumer Issues
Topic: Frugal Fatigue
Replies: 96
Views: 14464

Re: Frugal Fatigue

But regularly eating ramen and mac n cheese goes too far towards depriving yourself imo. Is the word ramen defined differently where you live than where I live? Where I live, there are lines on the sidewalk outside the ramen shops I go to. Maybe you aren't talking about ramen, but about dried noodl...
by ajcp
Sat Mar 29, 2014 3:35 pm
Forum: Personal Consumer Issues
Topic: Frugal Fatigue
Replies: 96
Views: 14464

Re: Frugal Fatigue

I think you have to pick your battles. Even if I got a 50k raise tomorrow, I wouldn't be driving an 80,000 car, because that's not something I value very highly. So I don't care if someone else is driving one. But regularly eating ramen and mac n cheese goes too far towards depriving yourself imo. U...
by ajcp
Sat Mar 29, 2014 9:53 am
Forum: Personal Consumer Issues
Topic: Google Spreadsheets - Portfolio addition and AA Formulas
Replies: 5
Views: 746

Re: Google Spreadsheets - Portfolio addition and AA Formulas

sunnyday wrote: Contribution amount / 14 * DateDiff(days)
Not sure I understand this part. Is this something you're inputting manually or will it auto update?
by ajcp
Sat Mar 29, 2014 7:33 am
Forum: Personal Consumer Issues
Topic: Google Spreadsheets - Portfolio addition and AA Formulas
Replies: 5
Views: 746

Re: Google Spreadsheets - Portfolio addition and AA Formulas

I don't think you can do that in google docs. But since you don't need it to be exact you can fudge it and tinker quarterly/annually/whenever. $100,000 equals ~3592 shares =GoogleFinance(VTIAX;"price")*3592 will give you the daily value of those shares. The 3592 will be out of date wheneve...
by ajcp
Sat Mar 29, 2014 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Why bad/expensive 401(k)s will likely always be with us
Replies: 118
Views: 13378

Re: Why bad/expensive 401(k)s will likely always be with us

The basic problem is that 401k plans are attached to employers rather than individuals. In the UK, the tax-free investment wrapper simply has an annual limit on contributions that is not dependent on income, with a free choice of cash or stock investments made by individuals themselves. While "...
by ajcp
Fri Mar 28, 2014 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can you please convince me to get a credit card?
Replies: 101
Views: 100108

Re: Convince me to get a credit card

nebraskaman wrote:I have a question for the board, does everyone list their cash rewards on their tax returns? How about airline miles, free cruises, etc.?
They are considered like coupons, which are not taxable.
by ajcp
Mon Mar 24, 2014 7:01 pm
Forum: Non-US Investing
Topic: Investing [Non US citizen, Need help with US investments]
Replies: 25
Views: 1983

Re: What to do with my money?

I would not buy a property if you're not sure how long you will stay. There are fixed transaction costs that may not be bad if you kept it for 30 years, but will be way more costly than rent if you only stay a couple. What options I have for a low risk investment with a fixed return (such as bonds) ...
by ajcp
Mon Mar 24, 2014 6:46 pm
Forum: Personal Investments
Topic: Help with 401K Selections
Replies: 4
Views: 461

Re: Help with 401K Selections

Do you have any other investments outside the 401k? If you do, you can hold a small and mid cap index in there and consider everything as one portfolio. If you just have the 401k, I'd just keep the 3 index funds and not worry about small/mid caps. The 500 index outweighs small and mid caps in total ...
by ajcp
Mon Mar 24, 2014 12:38 pm
Forum: Personal Investments
Topic: 8% ROI needed
Replies: 28
Views: 4874

Re: 8% ROI needed

By the way, if you find a safe investment returning 8%, let me know. While not an "investment", delaying SS from a FRA of 66 until 70 (4 years) gives you 8% a year . n I'm deferring and of course it's an "investment". No its not the kind of liquid investment that you can play wi...
by ajcp
Mon Mar 24, 2014 7:13 am
Forum: Personal Investments
Topic: Rate of DCA with a large lump sum in a savings account?
Replies: 30
Views: 1775

Re: Rate of DCA with a large lump sum in a savings account?

One year ago, almost to the day, I was faced with a similar decision. The market was up about 10% and our 401k adviser was saying don't be surprised if the market doesn't gain any more over the next 9 months - 10% for the whole year is pretty good. I DCA'd so I wouldn't "lose too much money&qu...
by ajcp
Mon Mar 24, 2014 6:09 am
Forum: Personal Investments
Topic: Rate of DCA with a large lump sum in a savings account?
Replies: 30
Views: 1775

Re: Rate of DCA with a large lump sum in a savings account?

One year ago, almost to the day, I was faced with a similar decision. The market was up about 10% and our 401k adviser was saying don't be surprised if the market doesn't gain any more over the next 9 months - 10% for the whole year is pretty good. I DCA'd so I wouldn't "lose too much money&quo...
by ajcp
Mon Mar 24, 2014 5:53 am
Forum: Investing - Theory, News & General
Topic: Is there ever a reason to prefer taxable over tax advantaged
Replies: 48
Views: 6001

Re: Is there ever a reason to prefer taxable over tax advant

If you want access to the money earlier. Whether for early retirement, or for any other reason.
by ajcp
Sun Mar 23, 2014 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Can you please convince me to get a credit card?
Replies: 101
Views: 100108

Re: Convince me to get a credit card

No.

If you want one get one, but if you don't I'm not going to convince you that you have to.