progmtl’s Activity

Fri Dec 19

NL

Boards Post

progmtl replied to the Retirement Investing board. 1:00 PM

Re: Supernova

Since you haven't sited your source for how the Fool has strayed, I'm not sure what you mean.

Back in the 1990s, the fool's message was essentially that paying "experts" for stock advice is a waste of money, especially since [more]

Thu Dec 18

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Boards Post

progmtl replied to the Retirement Investing board. 8:11 PM

Re: Supernova

I wasn't sure what Supernova or Phoenix 2 was, so I googled a bit. Yikes. The Gardners have *really* strayed from what made this a valuable investment resource back in the late 90s.

If you want to pay people to pick stocks for you, you are [more]

Thu Dec 4

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Boards Post

progmtl replied to the FIRE Wannabees board. 11:11 AM

Re: Tooting or Rooting

I agree with Fred in that we all share some common traits on a board dedicated to FIRE: frugality, diligent saving, and a desire to do something more with our time/life than just work for income.

Also, many of us are anonymous [more]

Mon Nov 24

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Boards Post

progmtl replied to the FIRE Wannabees board. 9:53 AM

Re: Milestone

My first milestone was having $100,000 in net worth.

I remember aiming for $100K also, in the late 90s. Then I remember floundering around in the low-to-mid 6 digits for a seemingly long time in the 2000s.

Sometime in late [more]

Sun Nov 9

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Boards Post

progmtl replied to the Retirement Investing board. 1:15 PM

Re: 457(b) Plan?

Thanks again Bruce.

Don't forget your IRAs. If you're making too much to be able to deduct TIRA contributions, then contribute to your Roths. Remember, a young couple can stuff $11,000 (5,500 each) per year into their IRAs for [more]

Sat Nov 8

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Boards Post

progmtl replied to the Retirement Investing board. 12:30 AM

Re: 457(b) Plan?

Bruce,

Thanks for your input. And thanks especially for the real-world example of a 457(b) plan gone bad.

I'm sure it is a rare occurrence, but coupled with AJ's information about being unable to roll over such a plan into an IRA, [more]

Wed Nov 5

NL

Boards Post

progmtl replied to the Retirement Investing board. 10:31 PM

Re: 457(b) Plan?

Thanks AJ, this is really excellent information. I welcome any other knowledgeable comments, as this is all new to me!

My wife is employed by a municipal hospital, so I believe the 457(b) plan availability is the result of it being a [more]

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Boards Post

progmtl posted to the Retirement Investing board. 7:36 PM

457(b) Plan?

My wife's employer currently has a 403(b) plan, to which she contributes the maximum amount allowable ($17,500 in 2014).

We just received notice that she is eligible to participate in a 457(b) plan. From some reading online, including an IRS [more]

Thu Sep 25

NL

Boards Post

progmtl replied to the Retirement Investing board. 1:42 PM

Re: Handing Over the Investment Reigns

I second all of the Bogleheads-related recommendations.

I also think "The Coffeehouse Investor" by Schultheis is an excellent and gentle (non-intimidating) introduction to what I think is the best investment style for almost [more]

Thu Jul 31

NL

Boards Post

progmtl posted to the Insurance - Life, Car, Home,etc. board. 1:20 PM

Insurance and Contractors

I am wondering about insurance coverage for a handyman-type contractor who is not a representative of a company and who (I don't think) has "contractor insurance" or "business insurance" or whatever it would be [more]

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Big red star, 1000 posts Old School Fool
Board Posts 1101
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