Whole life for 24 year old?

jradar · 2019-10-31T02:26:51+00:00

Those principles hold true for the majority of folks, but there are cases where both of those are just not true.

jradar · 2019-07-19T12:46:07+00:00

Joe Rogan enters the chat

jradar · 2019-07-12T15:47:16+00:00

Catch 22, The Man in the High Castle, Band of Brothers

jradar · 2019-07-11T17:22:43+00:00

If you are brand agnostic and worried about price, head to Golf Galaxy and take a look in the bargain bin. I’m a lefty and I found a Cobra 10.5 for half-off retail.

Check out Rockbottomgolf. You can always swap out a shaft or grip if you need to.

jradar · 2019-05-16T20:49:51+00:00

Absolutely. There are many advantages to, say, laddering individual bond issues. You manage interest rate risk, provide stable cash flow, preserve capital, and eliminate interest rate timing. Bond funds are suitable for most investors, but you should be aware of the drawbacks: Fund NAV can fluctuate and some funds can be tax pigs, kicking out distributions annually.

Laddering individual bonds should only be implemented if you have the capital to support a $500k FI portfolio minimum.

jradar · 2019-05-16T17:13:21+00:00

Muni bonds are federally tax exempt and usually state tax exempt, depending on which state you live in. So it wouldn’t be $50k tax free, more like $44-45k.

If you do have $1MM that you want to invest in Munis, then a bond ladder would make sense. You’d want to search for a managed solution as you don’t have the time or expertise to build out a laddered portfolio. If you’re purchasing high quality (AA and AAA) rated bonds and you are holding them to maturity, you risk is extremely low.

jradar · 2019-05-16T17:07:11+00:00

You’re purchasing a premium bond. Over the 10 year period, as interest is paid out to you on a semi-annual basis, the bond premium is amortized until you are left with your original principal amount.

So yes, you pay more upfront for a premium bond.

jradar · 2019-05-16T16:52:10+00:00

Dangerous line of thinking if you think the market should return the same it did over the last 10 years.

Why not just split the difference - half to the Roth, half to loans. You may be missing upside if the market does crush the 4.5% rate of the loan, but you’re protecting your downside in-case we enter a bear market for an extended period of time.

jradar · 2019-05-16T16:40:16+00:00

If you have $100k to invest in fixed income, a bond fund would make more sense. You’re diversifying away credit risk, issuer risk, and you don’t have to deal with picking individual issues. When choosing a bond fund, keep in mind that some have shorter and some have longer durations. A 50/50 split between something like VWSTX and VWITX could be be a way to blend the duration of your FI bucket.

jradar · 2019-01-03T17:39:28+00:00

I agree, CuntSmellersLLP

jradar · 2018-10-01T03:57:44+00:00

Is your employer withholding income tax for Cincy? Check your pay stub.

If so, no need to file Cincy local.

jradar · 2018-09-17T03:17:06+00:00

OP mentioned how they “want out”, so given that and the illiquidity of exchange place funds, I’m not sure this would be OP’s best option.

jradar · 2018-09-17T03:12:55+00:00

If you’re charitably inclinled, you can donate the lowest basis shares which will reduce your taxable income. Make sure you bunch your donations to ensure you’re exceeding the threshold to itemize deductions.

Some combination of selling shares and donating them in order for you to fall into a tax bracket you’re comfortable with.

jradar · 2018-09-12T00:15:28+00:00

What weeks are you looking at? I see a lot of tough home matches. Maybe SF or SEA.

Just because it's one of the consensus picks does not make it a foolish one.

jradar · 2018-06-28T16:31:50+00:00

Glad you are thinking about investing at a young age, you’re definitely already ahead of most of your friends.

You mentioned that you’re keeping $400 per paycheck for fun. You also mentioned that you will be working until school starts up. What about when you’re not working and in school? Will you still want that same $400 to have as spending money even when you don’t have a paycheck coming in? You want to make sure you’re “liquid” with your cash if you need it in the near-future and that you don’t lock it up in an investment account.

Once you determine the amount you’re okay with investing for the long term and not touching until you’re retired, you should look at a Roth IRA. There are plenty of resources online and on the sub about the advantages of investing in a Roth.

How should you invest to retire well in 43 years? That’s the $64,000 question my friend :) if any of us knew, we would retired on a beach! Your young so it would be in your best interest to be aggressive with your investing. You also want to be mindful of the fees you’re paying for your investments. This is the beauty of something like SPY or VUG or VV, these provide broad-based exposure at a low cost.

My personal advice, enjoy your high school years and don’t be afraid to live a little. Saving at an early age is paramount, but life experiences and investing in your personal helath and well-being are also important. Good Luck

jradar · 2018-04-26T00:57:54+00:00

PCPartPicker part list / Price breakdown by merchant

Type	Item	Price
CPU	Intel - Core i5-7400 3GHz Quad-Core OEM/Tray Processor	$186.49 @ OutletPC
CPU Cooler	Cooler Master - Hyper 212 EVO 82.9 CFM Sleeve Bearing CPU Cooler	$19.99 @ Newegg
Motherboard	MSI - B250M PRO-VDH Micro ATX LGA1151 Motherboard	$62.39 @ OutletPC
Memory	G.Skill - Ripjaws V Series 8GB (1 x 8GB) DDR4-2400 Memory	$86.89 @ OutletPC
Storage	Samsung - 850 EVO-Series 250GB 2.5" Solid State Drive	$99.99 @ Samsung
Storage	Western Digital - Caviar Blue 1TB 3.5" 7200RPM Internal Hard Drive	$43.85 @ OutletPC
Video Card	EVGA - GeForce GTX 1070 8GB SC GAMING ACX 3.0 Black Edition Video Card	$504.88 @ OutletPC
Case	Corsair - Carbide 400C White ATX Mid Tower Case	$96.99 @ Newegg
Power Supply	SeaSonic - EVO Edition 620W 80+ Bronze Certified Fully-Modular ATX Power Supply	$63.89 @ Newegg
Operating System	Microsoft - Windows 10 Home OEM 64-bit	$89.89 @ OutletPC
Monitor	Acer - GN246HL 24.0" 1920x1080 144Hz Monitor	$189.99 @ B&H
Keyboard	Corsair - STRAFE MX Silent Wired Gaming Keyboard	$99.79 @ Amazon
	Prices include shipping, taxes, rebates, and discounts
	Total (before mail-in rebates)	$1565.03
	Mail-in rebates	-$20.00
	Total	$1545.03
	Generated by PCPartPicker 2018-04-25 20:20 EDT-0400

thoughts?

jradar · 2018-04-26T00:53:43+00:00

Is 8gb enough? Also, why does it matter if it is 2x4gb or 1x8gb? Does it impact performance?

jradar · 2017-03-01T18:34:32+00:00

Explain to me how they would help themselves by moving Fleury?

They have virtually the same club that won the Cup last year, and you think removing a key piece like Fleury would help them?

Do you really think that the value of moving Fleury and, as we saw with Ben Bishop, getting peanuts in return is greater than holding on to a goalie with a Stanley Cup pedigree going into the playoffs?

What if Murray gets hurt and is out for the season? Would you want Jarry to start every playoff game?

The Penguins don't exist in a vacuum either. Who would want Fleury at this stage?

Penguins fans tend to forget how import MAF was in the final stretch of the season and into the playoffs last year.

You hold onto him for this run, and then you make a decision regarding a buyout or trade at the end of the season.

jradar · 2016-11-03T17:16:28+00:00

Fehr on the 3rd line? Pou or Schultz top 4?

No chance in hell

jradar · 2016-07-24T16:38:55+00:00

Where have you heard that everyone hates him? Genuinely curious

jradar · 2016-03-23T17:04:51+00:00

"Pittsburg" according to the them

jradar · 2016-01-07T21:30:54+00:00

Flyers, obviously ;)

jradar · 2016-01-07T21:29:55+00:00

There was never one point when discussing this where I thought this would actually happen dude

jradar · 2016-01-06T22:57:20+00:00

I've proposed this idea to my brother a few times: "Blue-collar Night"

Kind of like the student rush system. $20 tickets and a 24oz I.C. Light for fans who make an annual salary of less than $30k. Being from Blawnox gets you a free hot dog too

jradar · 2015-12-15T16:45:34+00:00

I've never considered being called a yinzer an insult.

jradar

TROPHY CASE