AJermo

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AJermo replied to the Ask A Foolish Question board. 3:00 PM

Re: SA Earnings Question

I can hope for that as well. I'm not ever going to give up. It's just the calculations for how much I'll need at retirement (accounting for 4% average inflation annually - I actually expect us to experience hyper inflation over the next 5-12 years [more]

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AJermo replied to the Ask A Foolish Question board. 8:25 PM

Re: SA Earnings Question

Basically I don't believe I'll ever be financially able to retire. Looks like a case of too little too late even tho I'm doing what I can.

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AJermo replied to the Budgeting board. 8:23 PM

Re: YNAB issue

Let me update YNAB and we'll see.

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AJermo posted to the Ask A Foolish Question board. 11:01 AM

SA Earnings Question

Hi,
Realistically over the long term what should I expect my average returns to be by the time I get to retirement and why so low/or high?

Different people are saying different things without any quantification.

I'm about to [more]

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AJermo replied to the Budgeting board. 3:50 PM

Re: 15K - What to Do?

1. Set aside an amount to cover the income taxes on the money.
2. Set aside $1000 in cash for an emergency fund.
3. With the rest I'd split it between you and your wife and contribute to a Roth IRA for you both.

IF you had anything [more]

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AJermo replied to the Budgeting board. 3:44 PM

Re: YNAB issue

I tried YNAB and decided that a simple spreadsheet was more powerful and easy to use. That was over 3 years ago and I'm about 30k from being out of debt except for my house.

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AJermo replied to the Budgeting board. 12:18 PM

Re: Budgeting Nightmare

Your Monthly budget should be divided into weeks. Bills are paid in the week they are due (or before). ALL income should be assigned out to necessities first and then to pay off debts. Before you do any of this you should have $1000 emergency fund in [more]

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AJermo replied to the Credit Cards and Consumer Debt board. 12:11 PM

Re: Saving vs. Paying credit card debt

I'm close to being out of debt and followed Dave Ramsey's program (google it),

1. save $1000 in CASH for emergencies (true emergency..not something is on sale emergency).
2. make a budget and assign every dollar a place to go.
3. [more]

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AJermo posted to the Netflix board. 10:33 AM

Any explanation for the pop today?

NFLX is up over $140 atm. I've set optimistic triggers at $152 to do re-balancing. I'm just not seeing any news to explain the pop. I'm long on the stock. Just wondering.
Jer