Search found 287 matches

by Nukeboilermaker
Tue Apr 10, 2012 3:42 pm
Forum: Personal Consumer Issues
Topic: just cannot justify new car
Replies: 170
Views: 14855

Re: just cannot justify new car

I am now in the market for a small-mid sized car with good reliability, safety, mileage, and *maybe* a little 'fun to drive' factor, something I've never indulged myself with (my cars have been a '77 Toyota Corolla, '83 Toyota Corolla, '93 Honda Accord, and '96 Toyota Camry). That said, I am lookin...
by Nukeboilermaker
Tue Apr 10, 2012 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Best Way to Save for Next House
Replies: 16
Views: 2068

Re: Best Way to Save for Next House

[quote="Gauntlet"]I was in your situation 2 years ago. My wife and I decided to refinance to a 15-year loan and aggressively pay down our mortgage to save for our next house. So far I am happy with the results. We lose liquidity by paying down our mortgage but we also are unable to mess with that mo...
by Nukeboilermaker
Mon Apr 09, 2012 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Retire?
Replies: 45
Views: 4150

Re: Can I Retire?

Thanks for the reply! For future reference you can always send an inquiring mind a PM ;)

I am all ready checking it out on Amazon. I have done well for myself by listening and learning from people who have achieved success at things that interest me.

Cheers,
Adam
by Nukeboilermaker
Mon Apr 09, 2012 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Retire?
Replies: 45
Views: 4150

Re: Can I Retire?

RenoJay, As a 25 year old who is saving as much as possible and can only hope to be in a similar financial standing as you are in 15 years... Do you have any books you would recommend for people that have a specific website idea but who do not work in the tech industry? Also do you have any advice o...
by Nukeboilermaker
Sun Apr 08, 2012 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help with emergency fund
Replies: 11
Views: 863

Re: Help with emergency fund

It also depends on your personal stomach of risk, sounds to me you feel it is adequate and you have something reasonable so you can likely put funds elsewhere. A side note... If you lose your job, wouldn't you immediately scale back causing your efund to last even longer...
by Nukeboilermaker
Sun Apr 08, 2012 9:23 pm
Forum: Personal Consumer Issues
Topic: just cannot justify new car
Replies: 170
Views: 14855

Re: just cannot justify new car

Get something like this!

http://bn.craigslist.org/cto/2873903728.html

If my car wasn't in such good shape I would be jumping all over this :P
by Nukeboilermaker
Sun Apr 08, 2012 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Help with emergency fund
Replies: 11
Views: 863

Re: Help with emergency fund

If you don't use ATM's for cash too often, consider using Alliant Credit Union for interest checking. I am getting 0.85% interest for an online checking account with 100% liquidity and NCUA (FDIC of credit unions) insurance. Not great interest, but better than most these days. I have a PNC virtual ...
by Nukeboilermaker
Sun Apr 08, 2012 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with emergency fund
Replies: 11
Views: 863

Re: Help with emergency fund

If you have the ability to have a true emergency fund, I would much rather use that over relying on a Roth IRA. Once you remove that money from the Roth you can't make that back up. Do you pay for insurance? Think of an E fund as your own insurance against paying high interest rates for credit and i...
by Nukeboilermaker
Sun Apr 08, 2012 6:41 pm
Forum: Personal Consumer Issues
Topic: just cannot justify new car
Replies: 170
Views: 14855

Re: just cannot justify new car

My 2008 paid for Mazda3 hatchback will be a similar post on here in about 5 years... I'm all ready @93.5k miles and have a 70 mile/day commute. If you want something a little peppy the 3 will be a good fit, my wife's 2007 civic is not better on gas surprisingly. Good luck! P.S. Call your local fire ...
by Nukeboilermaker
Sat Apr 07, 2012 9:22 am
Forum: Investing - Help with Personal Investments
Topic: No updates for 4/6 on Vanguard
Replies: 22
Views: 1805

Re: No updates for 4/6 on Vanguard

Some of us don't partake in Easter activities and easily forget :oops:
by Nukeboilermaker
Fri Apr 06, 2012 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Going on 25...Novice Investor...How's my portfolio look?
Replies: 13
Views: 1532

Re: Going on 25...Novice Investor...How's my portfolio look?

Beasty,
FYI I made an edit on my last post. Have you decided your desired AA yet? That information is needed in order to give more guidance (also desired international)
by Nukeboilermaker
Fri Apr 06, 2012 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Going on 25...Novice Investor...How's my portfolio look?
Replies: 13
Views: 1532

Re: Going on 25...Novice Investor...How's my portfolio look?

As a fellow 25 yr old... My Advice is to wait until you have the 20% down payment. I wish I had waited 3-5 years longer to buy from when I did (3 years ago). I would have put more down and purchased bigger and nicer and would plan to stay in that home for a long time. Now, I have the itch to move bu...
by Nukeboilermaker
Sun Apr 01, 2012 7:50 pm
Forum: Investing - Theory, News & General
Topic: 4/1/12: New Target Retirement Funds Announced
Replies: 11
Views: 1359

Re: 4/1/12: New Target Retirement Funds Announced

I moved my entire portfolio into it... :oops:
by Nukeboilermaker
Sun Apr 01, 2012 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off car loan ($27K at 1.9% APR) using emergency funds?
Replies: 30
Views: 3634

Re: Pay off car loan ($27K at 1.9% APR) using emergency fund

The pain of not having the efund is likely greater than the pain of paying the interest... Therefore paying off the loan the loan will give greater financial gain, reduce risk and will cause you guys to save at an even greater rate to reestablish an efund! P.S. I just moved 10k from efund to IRAs an...
by Nukeboilermaker
Sat Mar 31, 2012 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Paydown Mortgage or invest in taxable account?
Replies: 6
Views: 876

Re: Paydown Mortgage or invest in taxable account?

I am a very big fan of paying down mortgage, this not only reduces risk it is a guaranteed return. However I do see a third option, And it is one I am trying to decide if I want to do. Save the $380/mo in a separate account and then that gives you the flexibility to put in a large amount into a taxa...
by Nukeboilermaker
Sat Mar 31, 2012 10:45 am
Forum: Investing - Help with Personal Investments
Topic: How would you advise the 3 MegaMillions winners?
Replies: 34
Views: 3209

Re: How would you advise the 3 MegaMillions winners?

I wouldn't advise them. Actually, I'd advise them to take the annuity payout, but then move to a state with zero state income tax for the remaining 25 payments. But those types don't care; they always take the Lump Sum... I was actually thinking about that as well... One could save anywhere from 3-...
by Nukeboilermaker
Fri Mar 16, 2012 7:54 pm
Forum: Personal Consumer Issues
Topic: The crop of small sedans: Cruze, Focus, Elantra, 3...
Replies: 82
Views: 6849

Re: The crop of small sedans: Cruze, Focus, Elantra, 3...

I have a 08 Mazda 3 2.3L Hatchback and it gets 29-31 on highway commute. Very comfy and has been rock solid (92.5k miles). I bought the car new and plan on running this thing into the ground. I love the versatility and visibility I get from the hatch back. At the time of purchase, the 3 was cheaper ...
by Nukeboilermaker
Wed Mar 07, 2012 4:54 pm
Forum: Personal Consumer Issues
Topic: AR-15, why go expensive?
Replies: 25
Views: 5493

Re: AR-15, why go expensive?

I hear very nice things about the M&P 15's I have some coworkers that have some and one looking specifically at the sport model. The beauty of the AR system is the ability to drop in upgrades (better trigger group, barrel, etc.). I say buy one and let me know what you think ;) I just got the 22lr mo...
by Nukeboilermaker
Thu Feb 23, 2012 10:42 pm
Forum: Investing - Theory, News & General
Topic: OK, I gotta ask... [why market up so much]
Replies: 49
Views: 5246

Re: OK, I gotta ask...

It's the Same Ol' Same Ol', so nothing has changed. (But hey, US is out of Iraq and getting out of Afghanistan.) And neutrinos are not faster than light. That means All is Well in The World. I almost made a smart*SS remark about the neutrinos... But Alas! I would like to say though that there reall...
by Nukeboilermaker
Wed Feb 22, 2012 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: when did you start to max out 401k?
Replies: 58
Views: 7313

Re: when did you start to max out 401k?

Marmot wrote:Wife and I started when we were 29. Now 54 and well over 7 figures in our accounts.
I hope to say the same thing to a youngster someday
by Nukeboilermaker
Wed Feb 22, 2012 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: when did you start to max out 401k?
Replies: 58
Views: 7313

Re: when did you start to max out 401k?

23 with maxing out both my 403b and Roth IRA for the first time. Well done Junior! We are both very fortunate to have discovered this forum and develop the saving muscles at such a young age. It was awesome when I became debt free and it feels just as great watching all that discipline pay off when...
by Nukeboilermaker
Sun Feb 19, 2012 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: when did you start to max out 401k?
Replies: 58
Views: 7313

Re: when did you start to max out 401k?

My original thought was the pretax/Roth limits (just increased to 17k). I understand circumstances may not allow people to actually reach those limits (or even exceed them) Hopefully people will post the details!
by Nukeboilermaker
Sat Feb 18, 2012 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: when did you start to max out 401k?
Replies: 58
Views: 7313

when did you start to max out 401k?

How old where you when you first started to max out your 401k contribution limits? I think many people would be curious to see when people who actively pursue retirement savings are able to reach this milestone that so many consider only for the the super rich. If you are willing, also post your ann...
by Nukeboilermaker
Wed Feb 08, 2012 10:19 am
Forum: Investing - Theory, News & General
Topic: Young Investment Writers/Bloggers
Replies: 8
Views: 1479

Re: Young Investment Writers/Bloggers

I'm 25 and a decent writer when I actually care enough to do so. I'm pretty passionate... All most borderline preachy about living within ones means, getting debt free and promoting people to educate themselves on proper investing (which I am still learning a great deal about)
by Nukeboilermaker
Tue Feb 07, 2012 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Plan to move ~5 years, pay extra or save?
Replies: 13
Views: 1657

Re: Plan to move ~5 years, pay extra or save?

Thanks for the input ValueThinker, I will definitely consider that option but I would still need another year or two before I could afford (to MY standards to move). As for my name, I'm a Purdue Boilermaker (studied radiological health physics) who is now an operator at a GE BWR 6 Mark III plant.
by Nukeboilermaker
Tue Feb 07, 2012 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey's 7 Baby Steps
Replies: 21
Views: 3199

Re: Dave Ramsey's 7 Baby Steps

I followed his steps and it helped me tremendously. Since I have always been fairly smart with money I wasn't in to bad of shape. It probably would not have made more than a month or two difference in my personal situation if I had continued to put money towards 401k while finishing step 2. But I tr...
by Nukeboilermaker
Tue Feb 07, 2012 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Investors under 35, what % of your portfolio is cash?
Replies: 50
Views: 4768

Re: Investors under 35, what % of your portfolio is cash?

I have 5% in a GIC/Stable in my 401k just as play money for when the market has a REALLY bad day. As my portfolio grows I may likely reduce that % (I consider it my "Mad Money") and I will likely move it into my Small Cap index to tilt during a low market and hopefully get some gains .
by Nukeboilermaker
Mon Feb 06, 2012 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Plan to move ~5 years, pay extra or save?
Replies: 13
Views: 1657

Re: Plan to move ~5 years, pay extra or save?

Be aware that your best rate of return for a 5 year fixed instrument is probably the option of paying down the mortgage as much as you can. However, we are not talking about a lot of interest savings - less than $1.5k. So you have to be the judge of the utility of having liquidity. Locking the mone...
by Nukeboilermaker
Mon Feb 06, 2012 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: To those that have bought a house..Are you happy?
Replies: 142
Views: 13112

Re: To those that have bought a house..Are you happy?

I wish I had waited about 2 more years and bought where I really wanted to live more long term (more rural area). But I bought well with in my means so I am just going to wait it out and move when we have kids ready to start schooling.
by Nukeboilermaker
Mon Feb 06, 2012 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Plan to move ~5 years, pay extra or save?
Replies: 13
Views: 1657

Re: Plan to move ~5 years, pay extra or save?

Aptenodytes, With your reasoning do you suggest I only pay my minimum mortgage payment and save all extra funds? Or are you suggesting I stay my current course and save the rest? As a reminder I am currently paying ~200/ month extra and will put an extra half payment in the two months that have thre...
by Nukeboilermaker
Mon Feb 06, 2012 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Plan to move ~5 years, pay extra or save?
Replies: 13
Views: 1657

Re: Plan to move ~5 years, pay extra or save?

CaliJim, Thanks for the input, I am currently paying an extra $210/month (just happens to be an easy $1500/month round number) and paying myself Bi-weekly at that same rate ($750/check towards mortgage). I am also currently putting at least $500/month into E fund. Our expenses budget is ~$2200/month...
by Nukeboilermaker
Sun Feb 05, 2012 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Plan to move ~5 years, pay extra or save?
Replies: 13
Views: 1657

Plan to move ~5 years, pay extra or save?

Something I have been contemplating is my game plan for when we would like to move up in housing. We are actively planning kids in the near future and are planning on moving up right before are kids reach school age. What I am trying to decide is do I pay extra to the mortgage or save. If I save, wh...
by Nukeboilermaker
Thu Feb 02, 2012 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Gut my Roth IRA to buy a house?
Replies: 55
Views: 4730

Re: Gut my Roth IRA to buy a house?

The kid doesn't hit school for two years. Why not pay down the mortgage aggressively for 2-3 more years, then use that equity to move? This is our exact plan... Move once we have kids near school age. In part due to how school rankings can change in a few years timeframe. Also the first child will ...
by Nukeboilermaker
Thu Feb 02, 2012 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting not going so well
Replies: 138
Views: 9294

Re: Budgeting not going so well

As a 25 year old who is a home owner, I max out my 401k and ESPP... I plan on selling my stock as soon as I can and capturing my gains and then using that money to fund my Roth IRA. So I can fund 2 Roths with ~9k since I get a 10% discount (not including taxes). I budget really both monthly, by pay ...
by Nukeboilermaker
Wed Feb 01, 2012 2:22 pm
Forum: Investing - Theory, News & General
Topic: How to determine true Total fund costs
Replies: 5
Views: 451

Re: How to determine true Total fund costs

Every fund I am in "Fund Prospectus not required for this fund". I am in low ER index funds including Vanguard 2050, Northern Trust Small Cap Index, BlackRock US Debt Index, BlackRock Equity Index, and NorthernTrust EAFE International Index. Hence why I am looking for a more detailed way to find tru...
by Nukeboilermaker
Wed Feb 01, 2012 1:16 pm
Forum: Investing - Theory, News & General
Topic: How to determine true Total fund costs
Replies: 5
Views: 451

How to determine true Total fund costs

Bogelheads, I was wondering what the best and easiest method there is to determine the total fund costs. What else is there besides ER to look at? How can I actually find out what other hidden fees there are? My 401k has an option for quarterly rebalancing, how can I determine if there is a fee to u...
by Nukeboilermaker
Wed Feb 01, 2012 2:05 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice needed, 29 yrs old, $200k to invest
Replies: 5
Views: 1075

Re: Portfolio advice needed, 29 yrs old, $200k to invest

A couple of things to consider: 1) The interest rate on your student loans is likely higher than gains from the current bond market. This is not only a guaranteed return but also a risk reduction... So give this more thought on just getting those taken care of. 2) Once you establish a backdoor Roth ...
by Nukeboilermaker
Tue Jan 31, 2012 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio tilting with spouse in mind
Replies: 16
Views: 1266

Re: Portfolio tilting with spouse in mind

I have written a letter to my wife that instructs her what to do in simple terms if I were to pass. I tell her to roll my 401k and IRA into her IRA account I have set up and place all the funds in the TR fund (the same fund that she will currently be invested in). I recommend that she double-check w...
by Nukeboilermaker
Mon Jan 30, 2012 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Recent Engineering College Grad- Help!
Replies: 50
Views: 4227

Re: Recent Engineering College Grad- Help!

Mike, As a semi recent collge graduate as others in this forum I would HIGHLY encourage you to read Dave Ramsey's Total Money Makeover. If you wish and are disciplined enough you can modify the plan slightly (continue with 401k) however judging by the debt, car lease, etc this book could have some g...
by Nukeboilermaker
Tue Jan 03, 2012 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend moving in, lots of student loan debt
Replies: 69
Views: 13039

Re: Girlfriend moving in, lots of student loan debt

My now wife and I were in similar living situation. What I would recommend is that you pick 2-3 bills that she is responsible for such as electric, gas, and cable. She can then budget some play money and general living expenses and use the rest to payoff her student loans. I have heard many a horror...
by Nukeboilermaker
Fri Dec 23, 2011 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding 2011/12 IRA
Replies: 3
Views: 400

Re: Question regarding 2011/12 IRA

Thanks guys,

Alan, that is exactly what I wanted to know. My tax advisor last year recommended I talk to her prior making any Ira contributions and she won't be available until early January. So now I can wait with peace of mind.
by Nukeboilermaker
Fri Dec 23, 2011 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Question regarding 2011/12 IRA
Replies: 3
Views: 400

Question regarding 2011/12 IRA

Dear Braintrust, I am seeking confirmation on a question I thought I asked once before hidden in another thread and now can't seem to find. Neither my wife or I have IRAs established. We would like to start some for 2011 and contribute in 2012. Do we need to create the IRAs before December 31, 2011?...
by Nukeboilermaker
Sat Dec 17, 2011 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of thumb for Cash Balance Estimation
Replies: 1
Views: 494

Rule of thumb for Cash Balance Estimation

I am currently covered under a pension plan that is slightly underfunded. However, my hiring class was the last to get the pension plan opposed to Cash Balance. So all new hires have been under the CB plan. I do however plan on going to a company position and getting cash balance when I do so. Is th...
by Nukeboilermaker
Thu Dec 15, 2011 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey
Replies: 31
Views: 5268

Re: Dave Ramsey

I'm going to beat the dead horse here... What others said is very accurate regarding his overall philosophy with debt and investing. I 100% agree with his philosophy regarding debt is really about behavior, and anyone who understands math can see the ridiculous premiums you pay to live on debt. As a...
by Nukeboilermaker
Thu Dec 01, 2011 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Opinions on Highlander, Venza, CX-9
Replies: 46
Views: 4725

Re: Opinions on Highlander, Venza, CX-9

I have a Mazda3 and have been keeping a very close eye on the CX-9 for some time. I have a coworker who has one as well as a Mazda3 and she says that is handles VERY well. If you want a more driver's SUV the CX-9 is all most surely the best driver out of the ones you listed, hence why it has such gr...
by Nukeboilermaker
Wed Nov 30, 2011 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Deferred Plan for 2012
Replies: 10
Views: 1048

Re: Tax Deferred Plan for 2012

I was looking for some clarification on making IRA contributions for 2011 before April 2012. In order to do so you must all ready have the IRA established in 2011 right? If anyone can clarify on this I would greatly appreciate it (and I'm not hijacking the thread either :wink: )!
by Nukeboilermaker
Sat Nov 26, 2011 9:39 pm
Forum: Personal Consumer Issues
Topic: What are the stupidest things you wasted your $ on
Replies: 75
Views: 7051

Re: What are the stupidest things you wasted your $ on

Excelerated equity program for my mortgage (paying them a ridiculous fee to auto withdrawal my payment biweekly). I will not be doing that EVER again! Major stupid tax! :roll:
by Nukeboilermaker
Thu Nov 24, 2011 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Automatic 401(k) opt-in, any downsides?
Replies: 45
Views: 2670

Re: Automatic 401(k) opt-in, any downsides?

Having employees auto enroll also increases the total 401k balance and can allow for lower costs of operations and ER %. That's why large companies have lower ERs on Vangaurd Mutual funds as an example. So it is beneficial for those of us saving heavily, and those who are financially inept(may not p...
by Nukeboilermaker
Mon Nov 21, 2011 5:28 am
Forum: Personal Consumer Issues
Topic: Shopping for Dishwasher
Replies: 17
Views: 2129

Re: Shopping for Dishwasher

Downshift, Thanks for the comment, that is why I have also asked people what features have actually been used or have found to just be gimmicky! We would obviously like to have this dishwasher for a number of years, but with black friday approaching and very basic dishwashers being available for $25...
by Nukeboilermaker
Sun Nov 20, 2011 3:19 pm
Forum: Personal Consumer Issues
Topic: Shopping for Dishwasher
Replies: 17
Views: 2129

Re: Shopping for Dishwasher

I have been scouring the Black Friday Ads and found this one for $650. It's a Higher End Kenmore (Looks to really be a KitchenAid by the blasters in the back). It may be another good option for us too. http://www.sears.com/shc/s/p_10153_12605_02213963000P It has a high rating given the 41 reviews, f...