Obamacare coops fail


How much does it matter?  Natural process or failure?


Pay Day

Although not really for me, since it’s all going to 401(k), and that account usually takes ~2 business days to update.

Let’s look at the dividend returns in my portfolio.

The money I invested in the “Dave Ramsey” way (but in index funds): 5%

I received $911 in dividends on $18000 in that year (accounting for the $47 plan fee).  That’s a dividend rate of return of 5%, which seems pretty fucking awesome, honestly, since it doesn’t include the value of the stock, which is what rises with efficiency gains and inflation.

The money managed by my “professional” at Edward Jones: 2.68%

Let’s look at that.  2015 Dividends for EJ retirement account (since I didn’t move the money around here at all).

= $1240.71 on the total invested ($46,272 for that year), which is 2.68% dividend return.  That’s just… abysmal.  And that’s not even accounting for fees.  What were the fees?

$40 annual fee

And the guy is trying to get me to buy some scummy life insurance investment shit on top of his poor performance.  Yuck.


Q1 2016

So, sad beginning.  Nice recent results.  The drop yesterday was due to me looking up the KBB value of my car and knocking off a few thousand dollars.  It’s worth about $10,087, which is well in line with my income and probably high compared with my savings outside retirement… but it’s projected to last for a long time, so I don’t think there’s a huge gain in selling it and getting a less reliable car.

I’ve been ogling fancy pens I shouldn’t buy since Monday.  But I didn’t buy them!  Or an Apple Watch.  So not bad.  Also, still haven’t drank.  According to my fancy new detailed monthly budget, April will be a boring much where I continue to sock away 401k money and also have to say goodbye to $700ish in savings for the summer Edisto trip (most of that probably for the flight).  Most of May is also consumed by 401k, but at least it ends there.  May also has a sizeable home insurance payment.  Then, we get to June.  June is more a month of recovery.  It has an $800 BM rental, and I pay about double on the mortgage.  But the savings from the mid month paycheck are used to beef up the emergency fund some before heading back into Mortgage kill mode in July.

August will be challenging.  It includes $3k to move the furniture, a huge chunk on the mortgage ($9k).  It uses the bonus I’ll supposedly get in July.  $5500 to fund a 2016 IRA.  September calms down.  October has property tax.  Rollin’ Rollin’ Rollin’.

When I review my list of waste spending… yeah I have bought things I could resell for something.  But… the real measure, the real limit on my life is time.  Have I spent time with these things, enjoying them?  Well, some of them are activities with other people.  But for almost all the physical objects, the answer is no (speakers excepted).  That’s something for me to keep in mind as a purchasing criteria in the future.

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Pay in Motivation

Financial Rewards

Employers who use money to motivate employees may find that the overall response from both men and women is nearly the same. Raises, bonuses and other monetary rewards may only be a short-term motivator for both genders, according to a 2011 article from the University of Phoenix business school. An employee’s motivation may rise for a brief time after he receives a pay increase. However, the article notes studies that show employees often increase their spending after receiving a raise, which consumes their additional pay. That potentially lowers their motivation to its previous level because their financial situation remains unchanged.


Target Savings rate

Your target savings rate

Want to maintain your current lifestyle in retirement? to see whether you are saving enough, multiply the target savings number below by your salary. If your balance is less than the target, consider spending less now and banking those savings to create a higher income later.

Age: 30 — % Savings Factor: 0.3
Age: 35 — % Savings Factor: 1.1
Age: 40 — % Savings Factor: 2.0
Age: 45 — % Savings Factor: 3.2
Age: 50 — % Savings Factor: 4.5
Age: 55 — % Savings Factor: 6.2
Age: 60 — % Savings Factor: 8.2
Age: 65 — % Savings Factor: 10.6


At age 35, you should have saved an amount equal to your annual salary.


At age 45, you should have saved three times your annual salary.


At 55, you should have five times your salary.


When you retire at age 67, you should have eight times your annual pay.

What You Should Save By 35, 45, and 55 To Be On Target

poor habits






The Psychology of Money – How Saving and Spending Habits are Programmed in Your Brain