Recent content by putty

I think it's interesting that so many people think the Target Retirement funds aren't risky enough for them. TR 2045/2050 are 90% stocks. Unless you are going to a casino it doesn't get much riskier than that. I am about the same age as many of the posters in this thread (24) and I have TR 2045...

With all due respect, some (NOT ALL but a rotten apple spoils the barrel) of the advice given on this board is crap and isn't just bad it's seriously dangerous. Please go to Bogleheads :: Index and get some better advice. And don't respond to anyone who PMs you offering to "help."

Hired in 2007 and pay nothing in. I don't count on having it though. I believe once I become vested in a year or so I can roll it over to an IRA when I leave the company.

My net worth more than doubled this year! This is only my second year investing so it's inflated.

Could you explain how you have lost half your wealth? Are you including your dropping home price? Because I am 24 with 90% stocks and I have lost around 50% from the top, but you should have been nowhere near that in stocks. I see you mentioned you had a third in government bonds so that leaves...

That's really interesting Hobo. Thanks for that.

Can I ask what you consult in? When I think of a consultant I think of someone older with decades of experience who can apply this past experience to a current situation. What kind of knowledge does a 23 year possess to do this? Or is that not what a consultant does?

What is this "per hour" you keep quoting? It's meaningless. What can you expect to make each year? You can make a thousand dollars an hour but if you only work 30 minutes a week it isn't crap. Sorry to be harsh, but you gotta think long term man. I listen to Dave Ramsey a lot and you can tell...

Yes, I agree with the others. I suggest you post your portfolio here and at the Bogleheads forums and do some reading. You deserve much better than 2% in fees. Look at how much 2% will detract from your portfolio over the decades. It's very substantial.

Thanks for the reply ats5g. It's hard to even imagine one of your parents passing away so I can see why all too many people neglect to even think about this. I am going to sit down with my mom and discuss this with them. They live in a very low cost of living area and don't have any extravagant...

This is something that I had been wondering about to. My parents are in terrible financial shape and are barely making it right now on my father's disability and my mother working 50 or 60 hours a week (father 52, mother 44). If one of them were to pass away, the other would literally be up a...

BS in Engineering MS in Engineering (in progress) It absolutely helped me get by first job. I use what I learned on a daily basis.

Good for you(not sarcastic). I hope things work out for you.

Great. Looks like you can get that big screen TV after all. Congratualtions! ;D How old are you ranger?

I actually disagree. As a software guy myself, even though it may be frustrating for you guys, this is an invaluable learning experience for the OP. Yes, he is revinventing the wheel, but he is putting a product out, people are finding errors and offering suggestions. Presumably he is going to...