| Forum | Message |
 Money Talk
 | re: frick the series 66 - RickAstley on 5/24/13 at 1:13 pm
bro u mad?...
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/23/13 at 11:56 am
I appreciate the advice you have given in this thread. As far as my situation goes:
I am currently maxing out my Roth IRA and investing 10% of my salary into my 401K. I do not wish to increase my retirement contribution any further until next year. I have a sizable amount of savings that I accumu...
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/22/13 at 8:24 pm
[quote]1.) Get your [b]feet wet in equity investing with either Mutual Funds/Index Funds[/b] or both. Once you're used to [b]investing in set monthly increments,[/b][/quote]
This really is what I am after with going buying into a mutual fund at this point in time. I do not want to get in the habi...
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/22/13 at 1:36 pm
Good point. I really don't have much money to start with, yet I rather start now rather than later. And then follow up with a set amount of contributions every month. This will also give me the chance to learn as I go, and keep me more proactive with my money that I have set aside....
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/22/13 at 11:23 am
[quote]Since you are working you want tax efficient investments in taxable to reduce ongoing tax drag. Total market funds, ie equity indexes, can be good in this regard. Holdings that throw off a lot of income will be taxed at your highest tax rate. My portfolio is half tax advantaged/half taxable +...
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/22/13 at 11:19 am
[quote]one of the advantages of a Roth IRA. All of the money that you put into can be withdrawn without penalty.[/quote]
I understand. I will establish that my mindset is to avoid touching a retirement account at all costs. I do not wish to treat my retirement account as a temporary investing med...
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/22/13 at 8:09 am
[quote] Are you close to retirement? [/quote]
No not at all. I invest 18% of my salary into retirement. I save most of my money as it is, I don't want to lock all of it into retirement accounts though. I wish for improved growth aside from a savings, yet I don't want to throw it away either. The pa...
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Money Talk
| re: Investing Outside Of Retirement - RickAstley on 5/21/13 at 10:55 pm
Thanks for the response, would you say 50/50 for the two? I've been playing with Vanguard's tool that recommends which fund to buy. So far, Vanguard recommended the $10k to go into the Vanguard LifeStrategy Conservative Growth Fund (VSCGX) based on my parameters....
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Money Talk
| Investing Outside Of Retirement - RickAstley on 5/21/13 at 10:33 pm
Use $10k for the initial point of entry. Would it be ill-advised to sink all of it into one mutual fund?...
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Money Talk
| re: Any ideas to make good side money - RickAstley on 5/20/13 at 1:32 pm
A few more questions, how long have you been doing this, and how did you get started with teaching on the side?...
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Money Talk
| re: Purchasing a redbox DVD rental machine? - RickAstley on 5/20/13 at 12:57 pm
[quote]You can however purchase one of the many different knockoffs.[/quote]
There is a knockoff machine on the college campus in my town. They placed the machine in the most heavily trafficked building on campus, which I am certain is keeping the income steady on the machine. It has been there f...
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Money Talk
| re: Any ideas to make good side money - RickAstley on 5/20/13 at 12:55 pm
[quote]I teach college [/quote]
This is something I am interested in. How do you manage to fit this in with your full time career? I have a coworker who has to teach one course to complete a master's and he right now cannot make the time in his day-to-day schedule because of our work. I would lik...
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Money Talk
| re: Any ideas to make good side money - RickAstley on 5/17/13 at 4:43 pm
Fix watches...
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Political Talk
| re: IRS Acting Director Miller Live Testimony - RickAstley on 5/17/13 at 11:29 am
[quote]Wow! Reed is tearing Miller apart![/quote]
:cheers: Reed just dumped some of my emotion out in his rant...
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Money Talk
| re: Sometimes I find this board lacking in depth and new topics (warning-rant) - RickAstley on 5/17/13 at 9:40 am
[quote]I really feel there is a lack of interesting topics and depth here. It might be because I spend so much time reading the threads, not sure. I wish we would share some other ways we passively make money. As much as I enjoy reading about a roth IRA for the 100th time or someone asking about the...
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Money Talk
| re: Roth with SIMPLE/ 401k - RickAstley on 5/16/13 at 1:39 pm
[quote]So now that we've established you're wrong, I have a question. Why you so mad?[/quote]
Bro, he mad...
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Money Talk
| re: imputed interest table? - RickAstley on 5/15/13 at 4:52 pm
If I were you, I would start here [link=(http://www.bogleheads.org/wiki/Comparing_Investments)]LINK[/link].
If it is of no help, or if you need further help, please follow up with some example data to work off of....
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Money Talk
| re: When buying a house - RickAstley on 5/14/13 at 9:32 pm
[quote]s the norm to put 30% or it that just what people say.[/quote]
If you could put 30% down I believe that would be outstanding. I understand 20% down is preferred to remove PMI. I wouldn't have a clue what the norm is though....
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Money Talk
| re: What are some of the MT's opinions regarding a traveling career? - RickAstley on 5/14/13 at 8:59 pm
I don't travel, yet, although my line of work is software development. I do ERP installations and customizations. I wish to only travel within the U.S. & Canada. On the flip side, if I were to decide to travel internationally, there is high demand through Australia, New Zealand, India, and Europe fo...
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Money Talk
| re: What are some of the MT's opinions regarding a traveling career? - RickAstley on 5/12/13 at 10:56 pm
Would you travel within the U.S. or were you going overseas? I like the fact I will see a sizable increase in pay/benefits going this route, as well as half a years expenses covered by the company....
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Money Talk
| re: Do any of you own or work at a computer company - RickAstley on 5/12/13 at 10:52 pm
My company is desperate for more computer scientists. I majored in computer engineering and I am way more passionate about high level programming than I am with low level programming or circuit development.
As one poster said, if he is in computer science and doesn't like programming, he might n...
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Money Talk
| re: What are some of the MT's opinions regarding a traveling career? - RickAstley on 5/12/13 at 9:37 pm
[quote]I have been traveling for work Tues-Fri every other week[/quote]
This is how my travel will be from my understanding. My friend who has gone the route of a traveling career, travels sunday-friday every other week. On the occasion he won't travel for certain months, and then there is the oc...
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Money Talk
| re: what to do with 10k cash(hookers and/or blow not an option) - RickAstley on 5/12/13 at 9:33 pm
I use target date funds for my Roth IRA and 401(k).
[quote]they are a no-brainer investment for the novice[/quote]
Yep :lol:...
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Money Talk
| re: What is the standard method for figuring out how much to keep in savings? - RickAstley on 5/10/13 at 9:26 am
I maintain an emergency fund in my savings account that is enough to last me 1 year. I am working to shave that down though. I have a big purchase coming up in 3 months that I am stashing all of my money in savings for, so I don't spend it idiotically, nor lose it to the markets. Really, I treat sav...
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Money Talk
| re: What are some of the MT's opinions regarding a traveling career? - RickAstley on 5/10/13 at 8:59 am
If you did not have kids, do you think your opinion would be different? I personally do not want a traveling career while raising a family. I do see this as an opportunity to make a fast amount of money at an early point in my career, all the while I am not married, and no kids....
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O-T Lounge
| Anyone seeing an 'Experiment' message on YouTube? - RickAstley on 5/9/13 at 3:05 pm
At the top of my YouTube I am seeing this message
[quote]Experiment: There may be confidential content in your search results. Please do not share outside Google. [/quote]
I found some links [link=(http://doubleupgaming.co.uk/experiment-confidential-content-search-results/)]LINK[/link] and [link...
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Money Talk
| re: Financial Planner Advice - RickAstley on 5/8/13 at 3:38 pm
I can't help you as far as recommending financial advising. One thing though, regarding this statement:
[quote]I had met with someone from Edward Jones and for them to take my old 401k and put it into an IRA was going to cost me like $5000[/quote]
You could get that advice for free on here. Much...
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Money Talk
| re: What are some of the MT's opinions regarding a traveling career? - RickAstley on 5/8/13 at 3:36 pm
I completely let the networking aspect fall off my radar. Thanks for that good thought to consider...
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Money Talk
| re: what to do with 10k cash(hookers and/or blow not an option) - RickAstley on 5/8/13 at 2:06 pm
[quote]what to do with 10k cash[/quote]
A hot tub time machine sounds pretty sweet...
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Money Talk
| re: What are some of the MT's opinions regarding a traveling career? - RickAstley on 5/8/13 at 12:47 pm
I've got one aunt who traveled for a living with Marriott. She was able to retire at a very early age. I know she wasn't able to sustain a marriage during that time, and never had kids. I don't want to end up retiring early at the sacrifice of not having a wife and kids....
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