| Money Talk|| re: Is there a more ridiculous exercise in America than filing taxes? - RickAstley on 1/28/15 at 9:10 pm|
| Money Talk|| re: Side jobs for extra $$$$ - RickAstley on 1/28/15 at 8:33 pm|
I think temp work has several practical benefits, beyond just being extra money. That's a pretty amazing story and one I do find to be very realistic for many people.
The company I work for specializes in supply chain consulting, and I guarantee you that half of the so called supply chain experts...
| Money Talk|| re: At what age did you start saving for retirement? - RickAstley on 1/28/15 at 8:18 pm|
I opened both my Roth IRA and 401k at 23. Age 25 now so 2 years of investing for retirement officially under my belt....
| Money Talk|| re: Side jobs for extra $$$$ - RickAstley on 1/27/15 at 7:33 am|
[quote]I evaluate numismatic collections to settle estates and in divorce cases. I have been offered bribes to either under and over-estimate collections. I've also been able to pick up some nice coins in the process. My reputation is good and word-of-mouth has kept me as busy as I want to be. [/quo...
| Money Talk|| re: Side jobs for extra $$$$ - RickAstley on 1/25/15 at 8:51 am|
Having a choice in what your side job is versus being forced into a side job for extra money makes the opportunity very creative. I personally would look for a side job that will benefit me in some ways mentally or physically.
1) Lawn care
2) Temp work during peak s...
| Money Talk|| re: What changed your financial future for the better? - RickAstley on 1/24/15 at 1:22 pm|
There's been a number of things that have improved my life financially although I'm still only at the early stages of the journey (25 years old).
I have a lot of respect for my dad and the help he has been for me. He paid my way through college and kept me working every summer from junior high th...
| Money Talk|| re: 401k with 4% Company match? - RickAstley on 1/12/15 at 12:35 pm|
[quote]We're 50% of the first 6%, so basically 3% max. I think its "ok" for the size of the company... Certainly not great, but I'm grateful to have something.[/quote]
This is the same for my company. Every year we have gotten a profit sharing bonus applied to our 401(k) that varies between 1.5% ...
| Money Talk|| re: 2015 TDMTFSS (FIRST STANDINGS UPDATE, 1/26/2015) - RickAstley on 1/4/15 at 9:12 am|
[quote]Brink, the MarketWatch main screen shows we have 78 players enrolled in our game but the ranking screen only shows 36 players ranked.
Any idea why that is? [/quote]
I noticed I was not on the leaderboard until after I made my first trade. A few weeks ago I set up a list of trades for ho...
| Money Talk|| re: 2015 Roth Contributions - RickAstley on 1/2/15 at 3:08 pm|
I try to pay a year's contributions up front if I can. However, I am DCA $250 twice a month into my Roth for 2015 until it's maxed. Either that, or I will pay off the remaining balance when I get a little more money in my pocket....
| Money Talk|| re: Books: What have you read? - RickAstley on 1/2/15 at 2:38 pm|
I've read the following
Millionaire Next Door
A Random Walk Down Wallstreet
And I have John Bogle's book [i]Enough[/i] on the counter to read as my next book. It's been sitting there for a few months sadly enough. I have a lot of catching up to do in the year 2015....
| Money Talk|| re: Long Term Life Planning - How detailed do you get? - RickAstley on 10/29/14 at 8:52 am|
[quote]I'm thinking about starting a personal project to detail how our money will be made and spent over the course of ten years. Included will be multiple goals and necessities that we want. I want it all documented.
Am I about to get too nit picky? [/quote]
Yes you are being too nit picky w...
| Money Talk|| re: A Random Walk Down Wallstreet. Thoughts?? - RickAstley on 10/23/14 at 8:45 am|
I originally bought both The Intelligent Investor and A Random Walk Down Wallstreet. I have yet to read the Intelligent Investor, primarily because some parts were over my head and I preferred getting a background before returning to the book.
Since then I have completed A Random Walk Down Wallst...
| Money Talk|| re: What is/was your plan to gain financial security? - RickAstley on 10/20/14 at 3:08 pm|
Financial security to me (at this point in my life) is where I have invested enough money towards retirement so that if there ever comes a point where if I have to cutoff payments, I won't be stressing about having enough money when I am out of work.
I am pretty sheepish when I start playing with...
| Money Talk|| re: What is/was your plan to gain financial security? - RickAstley on 10/20/14 at 9:52 am|
1) Get wife out of student loan debt
2) Contribute ~$15,000 a year towards retirement funds for the next 7 years. Assuming the funds grow at 8% until I am 60, I will have have nearly $3 million staring at me in retirement. This $15,000 a year goes on top of where I currently am at. (The big numbe...
| Money Talk|| Article On Managing Taxable and Tax Advantaged Accounts - RickAstley on 9/26/14 at 9:04 am|
For anyone who is looking for direction on what to purchase across their accounts, here is an informative [link=(https://personal.vanguard.com/us/insights/article/tax-time-kilroy-082014)]LINK[/link]. The article is geared towards allocation and taxes, but offers a chart at the bottom with a general ...
| Money Talk|| re: What is your student loan interest rate? - RickAstley on 9/20/14 at 9:01 am|
My wife has interest rates of:
We have knocked out the 7.5% and are working aggressively on the 6.80%. Some of those are subsidized and not accruing interest yet since she is working on grad school. The plan is to pay off the 6.80% then reevaluate ...
| Money Talk|| re: Millennials aren't marrying and they're not buying houses - RickAstley on 9/18/14 at 11:48 am|
I've married, yet I have not started saving up for a home. I am helping my wife pay off student loans, and we currently are at least 2 years out from a home purchase. Buying a home will be an afterthought until we start seeing greener pastures....
| Money Talk|| re: How Does Your Salary Compare To Others? - RickAstley on 9/18/14 at 11:42 am|
[quote]He needs to know that you know though. But honestly I would suggest if you want a raise to start looking for a new job.[/quote]
This is a recurring statement that I am not opposed to, yet I question why it must be necessary. Are there not additional suggestions involving the bargaining for...
| Money Talk|| re: How Does Your Salary Compare To Others? - RickAstley on 9/18/14 at 11:29 am|
[quote]It's very hard to determine for me, because my position title is varied by organization[/quote]
This can make looking up information difficult. Even if your position is listed with salary data to compare to, you still need to confirm at times if the posting is 1-3 years old or beyond. I kn...
| Money Talk|| re: How Does Your Salary Compare To Others? - RickAstley on 9/18/14 at 11:05 am|
[quote]You can always show your boss the comparisons and see what he says. I can promise you he dreads this conversation more than you. [/quote]
I certainly believe this is true with my boss.
[quote]Its best to do long before raise time, as raises are usually in pools and managers argue over t...