tag:blogger.com,1999:blog-29376160.post115835025917256544..comments2024-01-19T17:19:30.290-06:00Comments on a few clowns short: saving moneyBill Lislemanhttp://www.blogger.com/profile/15187273560129198423noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-29376160.post-20316504449328810152010-01-20T22:48:49.312-06:002010-01-20T22:48:49.312-06:00One of my sisters is a broker for Edward Jones and...One of my sisters is a broker for Edward Jones and I get a break on some of the fees. I talked with her this morning and she is recommending some Goldman Sachs funds in a Traditional IRA. I am going to throw the pension money in there too.<br><br>As for the severance money, I also have a Roth IRA -- which I will contribute to on a semi-monthly basis. I am throwing a portion into a set of rolling CD's as well.wkellyohttp://www.blogger.com/profile/18364441719126871295noreply@blogger.comtag:blogger.com,1999:blog-29376160.post-1158623363607699172006-09-18T18:49:00.000-05:002006-09-18T18:49:00.000-05:00One of my sisters is a broker for Edward Jones and...One of my sisters is a broker for Edward Jones and I get a break on some of the fees. I talked with her this morning and she is recommending some Goldman Sachs funds in a Traditional IRA. I am going to throw the pension money in there too.<BR/><BR/>As for the severance money, I also have a Roth IRA -- which I will contribute to on a semi-monthly basis. I am throwing a portion into a set of rolling CD's as well.wkellyohttps://www.blogger.com/profile/09413154070939601167noreply@blogger.comtag:blogger.com,1999:blog-29376160.post-1158613211501529132006-09-18T16:00:00.000-05:002006-09-18T16:00:00.000-05:00As two of you commented, I also expect the 401K tr...As two of you commented, I also expect the 401K transfer to be easier than the pension payout.<BR/><BR/>So now that some of you have these self directed IRA investments what ideas do you have for investing?<BR/><BR/>I expect some of you may have a bias against VZ, but in my IRA investing that stock has been one of my better ones. Of course, I always seem to find some loser stocks.<BR/><BR/>A bit of stock investing advice I heard recently - It's certain you will lose money, you just need to gain more than the losses.<BR/><BR/>Anytime I start talking stocks, I like to set the expectations with the story of my diversification buy of Enron. Wow that was a bad trip.<BR/><BR/>Well maybe you'll go with some funds or bonds like many people do.<BR/><BR/>I think the control of the money is important.Bill Lislemanhttps://www.blogger.com/profile/15187273560129198423noreply@blogger.comtag:blogger.com,1999:blog-29376160.post-1158363969226465312006-09-15T18:46:00.000-05:002006-09-15T18:46:00.000-05:00I was told that my pension would take 20 days to m...I was told that my pension would take 20 days to manually recalculate because corporate apparently was adding funds to my pension account while I was a contractor (prior to being an official full-time employee). Well... it turns out that the manual recalculation was the same as it was before they started the process.<BR/><BR/>Heed the advice thus far. You NEED the password to access the asinine voice prompted system. I got my paperwork the other day, signed and mailed it to Lincolnshire. I now will wait for the check to send to my broker.<BR/><BR/>The Fidelity process was somewhat smoother. You need to have the IRS disclosure papers in front of you otherwise Fidelity will not roll your dough. I got that check this week too.<BR/><BR/>All in all, I do not have any major complaints about my time since June 2003. The last 30 days though have been another story.wkellyohttps://www.blogger.com/profile/09413154070939601167noreply@blogger.com