prometheuss

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prometheuss replied to the Retire Early CampFIRE board. 11:14 AM

Re: Downgrade to Junk Bonds

I remember when several credit rating agencies around the world downgraded the credit ratings of the U.S. federal government. Standard & Poor's, for example, reduced the country's rating from AAA (outstanding) to AA+ (excellent) on August [more]

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prometheuss replied to the TSP Thrift Savings Plan board. 6:02 PM

Re: Trad IRA rollover from TSP

NavyGuy2004: Most borkerage house will give a cash promotional bonus if you roll you TSP or old 401K into their trad IRA. Schwab is one of them. 100k rollover you get $300 cash plus 30 free trades.

The cost to manage the TSP is $0.38 per [more]

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prometheuss replied to the Retired Fools board. 3:33 PM

Re: RMD strategy

How Tax Brackets work (and why being in a higher tax bracket is not as bad as it sounds):

Suppose we had just two tax brackets to illustrate this: 10% and 15%.

The 10% Bracket applies to taxable income from $0 to $18,650 and anyone [more]

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prometheuss posted to the Retire Early CampFIRE board. 10:54 AM

OT: the 'Nastiest, Hardest Problem

William Sharpe, creator of a model that measures risk and reward, turns to retirement planning.

[more]

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prometheuss replied to the Prosper.com Discussion board. 6:51 PM

Re: Recent Prosper Experiences (2017)

I'm still there. Have a little over a hundred loans. I play it real conservative as I stuck to AA rated investments for a long time. I recently changed that to quick invest in broader range of loans to bump up the return. So far, I feel that I [more]

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prometheuss posted to the Prosper.com Discussion board. 4:41 PM

Recent Prosper Experiences (2017)

Who is investing in peer-to-peer lending at Prosper.com now? Why? How is it going?

I am. I started investing in November 2015 as an experiment. My goal is diversity beyond my index mutual funds. Any return [more]

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prometheuss replied to the Retired Fools board. 7:09 PM

Re: Income

Almost all of my retirement investments are in low-cost equity index funds. Looking for an income source with more diversity (beyond stocks and bonds) in late 2015, I invested $3K at Prosper.com in personal loans. (I [more]

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prometheuss replied to the TSP Thrift Savings Plan board. 11:20 AM

Re: Dumping TSP

I cannot imagine dumping TSP. I have looked at many alternatives. I have my IRA invested with Vanguard.

Service. This is not a brokerage account or checking account. I do not need a fast response to service requests. Everything I have [more]