Search found 642 matches

by ajcp
Wed Jan 01, 2014 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Credit Cards with Annual Fees?
Replies: 19
Views: 4667

Re: Credit Cards with Annual Fees?

I generally avoid fee cards, but just because they're not worth it for what I use, not because I don't think their benefits can outweigh the fee. If I was a bigger spender or frequent traveler, I'd have no problem paying a fee if I got a free night at Marriot or no baggage fees.
by ajcp
Wed Jan 01, 2014 9:33 am
Forum: Personal Investments
Topic: Retirement and my new car
Replies: 37
Views: 3838

Re: Retirement and my new car

Why not just increase your goal by the price of the car? Buy the car in cash, and you'll just be at your "real" goal.
by ajcp
Wed Jan 01, 2014 9:27 am
Forum: Personal Investments
Topic: Basic 3 Fund strategy only +18% in 2013? (Nasdaq was +40%)
Replies: 14
Views: 2011

Re: Basic 3 Fund strategy only +18% in 2013? (Nasdaq was +40

Yep, by being diversified, you'll always underperform the part that did the best. Of course, you'll always do better than the one that did the worst. (and yes that math is right)
by ajcp
Wed Jan 01, 2014 9:21 am
Forum: Personal Investments
Topic: Desired portfolio size at retirement?
Replies: 41
Views: 4698

Re: Desired portfolio size at retirement?

If you have $310,000 saved today and your investments double each ten years, you'll have $4.96 million in 40 years: MichDad What is amazing is to calculate if Christopher Columbus invested 1 penny when he discovered America and what the number would be today if he averaged 5% a year return, taking ...
by ajcp
Wed Jan 01, 2014 9:08 am
Forum: Investing - Theory, News & General
Topic: Who is lump-summing a fund on January 2, 2014?
Replies: 49
Views: 5806

Re: Who is lump-summing a fund on January 2, 2014?

I finished most 2014 IRA matters yesterday 12/30/13. How? Maybe I'll start a thread/compose a post that explains. No time right now, however.... I assume it's something simple, like you use someone (can't be Vanguard) who allows you to schedule transactions at a specified future date. Yes it is sim...
by ajcp
Tue Dec 31, 2013 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: At what age did your portfolio hit $1M?
Replies: 33
Views: 6408

Re: At what age did your portfolio hit $1M?

This is another poll that is misleading. A person, whose average annual income over his or her lifetime is $50,000, hits a $1,000,000 portfolio at sixty. Another person, whose average annual income over his or her lifetime is $100,000, hits a $1,000,000 portfolio at forty. What conclusion could one...
by ajcp
Tue Dec 31, 2013 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Got a Favorite Credit Card? Thinking Penfed but open...
Replies: 27
Views: 8230

Re: Got a Favorite Credit Card? Thinking Penfed but open...

Everything is set on auto pay in full, the last day of the cycle. I have a look online a couple times a month to make sure a fox did not get in the henhouse. What do you mean by " last day of the cycle " and why is that important? I have recently set a couple household bills to autopay us...
by ajcp
Tue Dec 31, 2013 7:25 pm
Forum: Investing - Theory, News & General
Topic: Who is lump-summing a fund on January 2, 2014?
Replies: 49
Views: 5806

Re: Who is lump-summing a fund on January 2, 2014?

I assume it's something simple, like you use someone (can't be Vanguard) who allows you to schedule transactions at a specified future date. I tried to contribute for 2014 Roth IRA as well. Does not give me the option in Vanguard. I only see the screen which says that I have contributed the fully a...
by ajcp
Tue Dec 31, 2013 4:57 pm
Forum: Personal Investments
Topic: Questions regarding Roth VS. Tradtional
Replies: 6
Views: 829

Re: Questions regarding Roth VS. Tradtional

1. If you expect to be in a higher tax bracket than your current bracket for most of your career, prefer a Roth. Why? Let's say you're in the 15% tax bracket. You could invest $1000 in a traditional, or $850 in a Roth + $150 for taxes. Let's say they double by the time you retire. If you withdraw i...
by ajcp
Tue Dec 31, 2013 2:44 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads' investable assets at retirement
Replies: 43
Views: 7386

Re: Bogleheads' investable assets at retirement

Strangely, Ballpark E$timate suggested that I currently have more than adequate savings to meet for future retirement goals. Yet, my own independent calc's suggest I need much more. It also doesn't show any kind of cash flow or portfolio plot, so I can't really get a sense if it projecting somethin...
by ajcp
Tue Dec 31, 2013 2:13 pm
Forum: Personal Investments
Topic: Changing from USAA to Vanguard - fund suggestions?
Replies: 5
Views: 2250

Re: Need investment help

Savings Deposit: $10,000 (10% interest) --Is this for retirement? If so, why? Use this cash to live off of and increase your contributions to tax-advantaged accounts. If she's actually getting 10%, I would have no problem keeping it there and considering it part of my retirement portfolio. On the o...
by ajcp
Tue Dec 31, 2013 1:01 pm
Forum: Personal Investments
Topic: Desired portfolio size at retirement?
Replies: 41
Views: 4698

Re: Desired portfolio size at retirement?

The part that always interest me is if people are planning to live off the returns from their investments while there is some additional risk for additional years it is much different than if you plan to die with $0. In other words if you feel a portfolio will bascially return inflation plus 4% so ...
by ajcp
Tue Dec 31, 2013 12:53 pm
Forum: Personal Investments
Topic: Desired portfolio size at retirement?
Replies: 41
Views: 4698

Re: Desired portfolio size at retirement?

Also age of desired retirement. We'd like to retire before we're 55. We're going to need more money to stretch since we'll have fewer working years and more retirement years for which we'll have to pay. I would like to hear more detail on your thinking here. Not Bucky, but I could've posted the exa...
by ajcp
Tue Dec 31, 2013 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Changing HSA custodian?
Replies: 9
Views: 2083

Re: Changing HSA custodian?

Take a look at the Wiki for some good HSA choices. Correction: "Take a look at the Wiki for some HSA choices." I don't think any HSAs currently out there qualify as "good." Haha. Like many people it seems, I'm starting an HSA in 2014, and this is what I'm finding. It looks like ...
by ajcp
Sun Dec 29, 2013 10:43 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads "robots with Excel Spreadsheets?"
Replies: 74
Views: 5758

Re: Are Bogleheads "robots with Excel Spreadsheets?"

I believe you're missing the point, which is: How do we help those with less 'self-control' (scientifically a very questionable entity) gain more of it? It may not matter in some arenas, but widespread retirement insecurity, like widespread criminality, affects the guilty and innocent alike. And ho...
by ajcp
Sun Dec 29, 2013 8:34 pm
Forum: Personal Investments
Topic: Help with back door Roth, vanguard minimums
Replies: 2
Views: 296

Re: Help with back door Roth, vanguard minimums

Wait until January when you have another 5500 to play with?
by ajcp
Sun Dec 29, 2013 3:14 pm
Forum: Personal Investments
Topic: Robbing the emergency fund to start a Roth...?
Replies: 23
Views: 5000

Re: Robbing the emergency fund to start a Roth...?

Is the following true? "You can withdraw contributions at any time, and I understand if you pull out funds for the current year, you can still replace them the same year. So if you deposit 2k in January but withdraw it for an emergency in March, you have till December (or maybe the following A...
by ajcp
Sun Dec 29, 2013 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security estimates if early retiring?
Replies: 15
Views: 2074

Re: Social Security estimates if early retiring?

Your doc is protected, so I can't look at it. What did you use for your annual increase in the national average wage index? $4768 changes every year for a new birth cohort; $4768 is only for those born in 1953. people born in 1951 become age 62 in 2013 Whoops, should be fixed. I just turned the inf...
by ajcp
Sun Dec 29, 2013 1:35 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads "robots with Excel Spreadsheets?"
Replies: 74
Views: 5758

Re: Are Bogleheads "robots with Excel Spreadsheets?"

And if you were to ask my highly educated colleagues how they select their 401k funds, they'll tell you about their Morningstar ratings and their past performance. Asset class? Expense ratio? Apparently only robots care about such things. You are right, but that's what I meant by "regulation.&...
by ajcp
Sun Dec 29, 2013 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security estimates if early retiring?
Replies: 15
Views: 2074

Re: Social Security estimates if early retiring?

You can calculate do it manually using this and input whatever you want. http://www.ssa.gov/pubs/EN-05-10070.pdf More DIY, but it explains how the benefit is calculated and it's not as complicated as you might initially think. It's a shame that they could not provide that in an Excel format. Sigh. ...
by ajcp
Sat Dec 28, 2013 8:40 pm
Forum: Personal Investments
Topic: Robbing the emergency fund to start a Roth...?
Replies: 23
Views: 5000

Re: Robbing the emergency fund to start a Roth...?

Since buying the house, we've just been increasing our contributions to his TSP (401k) account, but we're realizing that we need to work toward maxing out on Roths too (we can each do one even though I don't work, right?). Yes, as long as you file jointly, which I'm assuming you do. We're quickly w...
by ajcp
Sat Dec 28, 2013 8:08 pm
Forum: Personal Investments
Topic: End-of-year - capital gains confusion
Replies: 27
Views: 2008

Re: End-of-year - capital gains confusion

you could sell 20K (assuming previous income/deduction info is correct) now and 230K next year or so do 125k each and it wouldn't make any difference on federal taxes. I would disagree. First, if $250K is needed after tax, then more needs to be sold, probably around $290K. Second, if $145K is sold ...
by ajcp
Sat Dec 28, 2013 5:30 pm
Forum: Investing - Theory, News & General
Topic: Buy VS Rent as a factor in Asset Allocation
Replies: 26
Views: 2221

Re: Buy VS Rent as a factor in Asset Allocation

I think youre over emphasizing the significance of buy vs rent when considering your AA. Just pick an AA that works for you now, and rebalance if and when your situation changes. It doesn't work that way. If I experience 50% loss, "rebalancing" is another word of bailing out of stocks and...
by ajcp
Sat Dec 28, 2013 5:25 pm
Forum: Investing - Theory, News & General
Topic: Buy VS Rent as a factor in Asset Allocation
Replies: 26
Views: 2221

Re: Buy VS Rent as a factor in Asset Allocation

My point exactly. If I don't make the appropriate investment strategy now, I may find myself wanting a house but not being able to afford it due to a bear market. Presumably, you won't make that decision overnight right? Say you have your money 80/20 because you think you'll decide to rent in 5 yea...
by ajcp
Sat Dec 28, 2013 4:53 pm
Forum: Personal Investments
Topic: Benefits of a Balance Fund
Replies: 24
Views: 3087

Re: Benefits of a Balance Fund

I absolutely think balanced funds have their place for someone who doesn't want to do the managing themselves. I recently helped my sister start investing and set her up with a balanced fund. While I don't think it's ideal to have the Roth IRA with a Target 2060 fund and the taxable with a balanced ...
by ajcp
Sat Dec 28, 2013 4:25 pm
Forum: Personal Investments
Topic: Advice for a 27 year old!
Replies: 6
Views: 974

Re: Advice for a 27 year old!

Ideally I'd say just invest it already (it may have been 400 depending on when you invested it), but let's say you truly are too reluctant to make that move. Invest 15-20K per month. It'll take a while to draw down, but if that makes you feel better that's still preferable and better long term than ...
by ajcp
Sat Dec 28, 2013 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals for 2014?
Replies: 56
Views: 5959

Re: What are your financial goals for 2014?

I'm actually on pace to maybe hit some round numbers by my birthday (June), so my biggest goals are mid-year goals (and admittedly, kind of arbitrary). 1. Hit 50,000 in retirement accounts (Will hit when I can add to my IRA in January, so I can withstand about a 10% drop in the market and still be o...
by ajcp
Sat Dec 28, 2013 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Celebrating the small financial victories....
Replies: 42
Views: 4990

Re: Celebrating the small financial victories....

I thought I would post this for the benefit of the others here who are just starting out and might get discouraged with the reports coming in over the next couple of weeks of more established portfolios. It can be hard to be starting out, looking at a small portfolio and still working on accumulati...
by ajcp
Sat Dec 28, 2013 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security estimates if early retiring?
Replies: 15
Views: 2074

Re: Social Security estimates if early retiring?

You can calculate do it manually using this and input whatever you want.

http://www.ssa.gov/pubs/EN-05-10070.pdf

More DIY, but it explains how the benefit is calculated and it's not as complicated as you might initially think.
by ajcp
Sat Dec 28, 2013 11:36 am
Forum: Personal Investments
Topic: End-of-year - capital gains confusion
Replies: 27
Views: 2008

Re: End-of-year - capital gains confusion

As for when to do it, as long as you fully use the 0% capital gains rates, it doesn't matter a ton how you split the rest. IOW, you could sell 20K (assuming previous income/deduction info is correct) now and 230K next year or so do 125k each and it wouldn't make any difference on federal taxes. In N...
by ajcp
Sat Dec 28, 2013 11:22 am
Forum: Personal Investments
Topic: End-of-year - capital gains confusion
Replies: 27
Views: 2008

Re: End-of-year - capital gains confusion

I don't know about PA, but capital gains are income in NJ.
by ajcp
Sat Dec 28, 2013 10:58 am
Forum: Personal Investments
Topic: Intentional Roth penalty over taxable account?
Replies: 4
Views: 468

Re: Intentional Roth penalty over taxable account?

If you're only taking out contributions or taking it out for something penalty free, then that could work. But if you plan to take out the whole thing and pay the penalty on all earnings, probably not. Maybe you could construct circumstances where you'd come out ahead with the Roth, but it probably ...
by ajcp
Sat Dec 28, 2013 9:44 am
Forum: Personal Investments
Topic: Are we doing the right thing
Replies: 53
Views: 5826

Re: Are we doing the right thing

To extrapolate what you're saying, there are probably people who spend $50/week on the lottery and eventually win a million. Doesn't make that a good strategy either.
by ajcp
Fri Dec 27, 2013 10:07 pm
Forum: Personal Investments
Topic: Lump sum into IRA?
Replies: 19
Views: 2108

Re: Lump sum into IRA?

No reason not to imo, go for it.
by ajcp
Fri Dec 27, 2013 9:58 pm
Forum: Personal Investments
Topic: Investment Advice for 80 Year Old
Replies: 9
Views: 2378

Re: Investment Advice for 80 Year Old

Income needed from portfolio: $1400/month or $16,800/year (will increase with inflation) After sale of her house (currently in escrow) she will have a portfolio of about $280K to last the rest of her life. A 2% return on her investment and the money will last for 20 years until she is over 100 year...
by ajcp
Fri Dec 27, 2013 8:48 pm
Forum: Investing - Theory, News & General
Topic: Santa Clause Rally ?
Replies: 5
Views: 1074

Re: Santa Clause Rally ?

nedsaid wrote:It is like all these sayings and short term strategies. They all work until they don't.
Yep http://xkcd.com/1122/
by ajcp
Fri Dec 27, 2013 3:12 pm
Forum: Personal Investments
Topic: Domestic vs international for taxes
Replies: 11
Views: 1721

Re: Fund tax-efficiency ?

But the numbers are really so close that it really doesn't matter which of these two funds someone in low tax brackets uses. It is interesting that one's tax bracket appears to matter. And also any small change in fraction of non-qualified dividends changes things, too. Thus, 2013 could be differen...
by ajcp
Wed Dec 25, 2013 9:15 am
Forum: Investing - Theory, News & General
Topic: Guaranteed 6.5% return [US postage rate increase]
Replies: 38
Views: 5338

Re: Guaranteed 6.5% return

amitb00 wrote:Is there a way to put significant money in the stamps and later on cash it out? Or is it stamps just for personal use?
http://qz.com/128329/a-step-by-step-gui ... ge-stamps/

Follow this, conveniently ignore all the ways that it will go wrong.
by ajcp
Wed Dec 25, 2013 8:49 am
Forum: Personal Investments
Topic: Another new job/ new 401k question
Replies: 8
Views: 1120

Re: Another new job/ new 401k question

Questions: Once I have settled into the new job I plan on making a 10-15% contribution to the self-funded side of my 401k (and possible split 5k with my ROTH IRA) My current thought process is to only put 10% into bonds and then in about 8-10 years change the bonds to 40%. I am playing catch-up fro...
by ajcp
Fri Dec 20, 2013 10:08 pm
Forum: Investing - Theory, News & General
Topic: Margin of Error
Replies: 32
Views: 2371

Re: Margin of Error

3. IRAs and 401Ks are already taxed. These are 'tax deferred', not 'tax exempt' accounts. You pay income tax on the withdrawals. Maybe he meant Roths? I have heard people say 'maybe they'll change the rules and tax it' and cite social security as a reason for preferring traditionals to roths. Maybe...
by ajcp
Wed Dec 18, 2013 1:41 pm
Forum: Investing - Theory, News & General
Topic: Margin of Error
Replies: 32
Views: 2371

Re: Margin of Error

TX_TURTLE wrote:
lostInFinance wrote: 3. IRAs and 401Ks are already taxed. These are 'tax deferred', not 'tax exempt' accounts. You pay income tax on the withdrawals.
Maybe he meant Roths? I have heard people say 'maybe they'll change the rules and tax it' and cite social security as a reason for preferring traditionals to roths.
by ajcp
Wed Dec 18, 2013 11:51 am
Forum: Investing - Theory, News & General
Topic: Why do VEXMX/NAESX/VIMSX have unqualified dividends?
Replies: 5
Views: 1379

Why do VEXMX/NAESX/VIMSX have unqualified dividends?

Fairly new investing, but I've been reading and trying to learn. I believe that the Total Stock Market is basically a combination of large, mid, and small caps. I've also seen references to extended market being used to approximate the total market (for example, to complement an S&P index that w...