Search found 60 matches

by KT785
Mon Sep 18, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 30yr Mortgage Refi Rates
Replies: 3
Views: 538

Re: 30yr Mortgage Refi Rates

We refinanced our 30 year mortgage last year with State Farm Bank since they had the lowest rates for our situation at the time. We went from 4.875% to 3.125% for another 30 year with no points--we'd bought our house only a couple years beforehand so another 30 year made sense. I'm highly doubtful y...
by KT785
Tue Aug 22, 2017 11:38 pm
Forum: Personal Consumer Issues
Topic: Lowes vs Home Depot
Replies: 48
Views: 4945

Re: Lowes vs Home Depot

Locally, I prefer Home Depot even though Lowe's is slightly closer to my house. In my experience, our Home Depot has a much larger staff and you can't seemingly go down an aisle without being offered assistance--I have had to search high-and-low to find an associate at Lowe's. The staff at Home Depo...
by KT785
Thu Aug 03, 2017 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for getting out of Northwestern Mutual
Replies: 19
Views: 1680

Re: Strategy for getting out of Northwestern Mutual

I have a similar high income but no wife and kids. I decided on a Roth 401k versus a traditional because of two reasons: 1. If you are maxing out your 401k you can put more away in a Roth versus a traditional ($18,000 after tax is worth more than $18,000 before taxes are taken out) which will grow ...
by KT785
Thu Aug 03, 2017 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance - One Longterm Policy or Renew & Reduce Cover Later?
Replies: 6
Views: 374

Re: Term Life Insurance - One Longterm Policy or Renew & Reduce Cover Later?

I recently went through this exercise myself and opted for a single large policy for 30 years (I'm 29 and we're planning on starting a family in the next year). I previously considered laddering multiple policies of various lengths and coverage amounts, but ultimately preferred to have the option of...
by KT785
Wed Jul 26, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback with 3 car seats vs. other car/suv options
Replies: 75
Views: 4796

Re: 2018 Subaru Outback with 3 car seats vs. other car/suv options

Subaru isn't even remotely on par reliability wise with Toyota and Honda. They are consistently in the bottom half of long-term reliability ratings. Those ratings certainly reflect my experience as the 'car guy' whom all my friends and acquaintances come to with car issues. Beyond 100k miles their ...
by KT785
Fri Jun 30, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Insurance
Replies: 46
Views: 3307

Re: Engagement Ring Insurance

We have a State Farm Personal Articles Policy on my wife's wedding set and pay around $60 per year--appraised at around $8,000. I review the declarations every year as there is an inflationary adjustment that automatically increases the insured value. Again, this a policy specific for the rings as o...
by KT785
Tue Jun 27, 2017 11:26 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 14445

Re: Sam's Club vs. Costco

Which Sam's Club? In our experience, they differ drastically depending upon the demographics of the area in which they are located. Near us, we can't buy a bottle of Dom if we want to celebrate with a bubbly; near in-laws, Sam's stocks that. Agree with JDCarpenter's point. When my parents visit us,...
by KT785
Mon Jun 26, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 14445

Re: Sam's Club vs. Costco

We have a Sam's membership and go there nearly every week. I've never been to a Costco so I can't give a first-hand comparison; the closest Costco is about 45 minutes away in a town I have not other reason to go to . . . so the appeal isn't there for me. I also grew up going to Sam's Club with my pa...
by KT785
Sat Jun 24, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target fund vs 5 ETF's or Funds?
Replies: 6
Views: 694

Re: Vanguard Target fund vs 5 ETF's or Funds?

II will say that one can do better than the Target fund, but one has to be very very good at rebalancing to do so. I don't believe that most investors can do better than the Target fund. +1 I use the Vanguard Target Date 2050 fund in both my 401k and Roth IRA (and my wife's 401k and Roth IRA)--thou...
by KT785
Fri Jun 23, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Need your help to pick life insurance carrier :)
Replies: 22
Views: 1601

Re: Need your help to pick life insurance carrier :)

To KT785: Very helpful advice Yeah. Life insurance is a new area to me. Need to do some research before picking the carrier. It's great to find bogleheads and ask questions! Some people suggest, instead of getting one policy, it's better to construct a ladder, or splitting the amount into multiple ...
by KT785
Fri Jun 23, 2017 7:24 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7329

Re: Bogleheads: Please help me pick a new car

I know of a situation. Someone gave his daughter a Mercedes and she didn't like showing off like that and wanted a lesser car. I would consider the Subaru because the son is involved. I like the Subaru but I feel that the Lexus might be more reliable. If I can choose between a CPO Lexus RX (30,000 ...
by KT785
Fri Jun 23, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Need your help to pick life insurance carrier :)
Replies: 22
Views: 1601

Re: Need your help to pick life insurance carrier :)

flyintangelet78: I went with Mutual of Omaha because they were the cheapest--or more accurately, they gave me the best rating (Standard-Plus) which in-turn made them the cheapest option. The ratings didn't factor into my decision; again, I think the general rule of thumb for term life is to go with ...
by KT785
Thu Jun 22, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: Need your help to pick life insurance carrier :)
Replies: 22
Views: 1601

Re: Need your help to pick life insurance carrier :)

I purchased a 30 year Mutual of Omaha term policy last year and just replaced it with a 30 year policy from American General (AIG). I'm 29 but had a medical issue that made me a substandard risk to some carriers, but the farther I get away from diagnosis, the better a rating I can get--I got Preferr...
by KT785
Thu Jun 22, 2017 10:41 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7329

Re: Bogleheads: Please help me pick a new car

The candidates so far: Subaru Legacy sedan. It's relatively inexpensive and has everything I need. But Consumer Reports said, "Subaru dropped out of the top 10 reliable brands because of multiple problems in the Legacy sedan." m I don't mean to be flippant, but buying this car would "...
by KT785
Thu Jun 22, 2017 10:32 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 17
Views: 1636

Re: Is the new Chevy Equinox any good?

I'm strongly disinclined to buy a car in the first model year of a new generation--both the Honda CR-V and the Chevy Equinox fall into this category. I've purchased two different cars after a new model had come out (Honda and Buick) and in both cases there were notable "teething" problems ...
by KT785
Wed Jun 21, 2017 6:06 pm
Forum: Personal Consumer Issues
Topic: Insurance snafu with sewer line break at condo
Replies: 31
Views: 3330

Re: Insurance snafu with sewer line break at condo

Coverage for sewer backup is apparently commonly a rider to a homeowner policy and has nothing to do with flood insurance. +1 We have our homeowners' policy through State Farm and opted for the sewer backup/sump pump failure/etc. coverage since our house has a finished basement. Such an endorsement...
by KT785
Wed Jun 21, 2017 6:00 pm
Forum: Personal Consumer Issues
Topic: Ideal basement humidity %
Replies: 10
Views: 1335

Re: Ideal basement humidity %

After some work completed last summer, ours fluctuates between 50-55% this time of year and runs lower during the winter. Last year, we had a new HVAC system installed and as part of that work, I had an air return installed in the main room of my finished basement (there were four air supplies in th...
by KT785
Tue Jun 20, 2017 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: What insurance company has the best coverage for auto, renters, and umbrella?
Replies: 35
Views: 3214

Re: What insurance company has the best coverage for auto, renters, and umbrella?

Another happy State Farm customer here. I have auto, homeowners, umbrella, and a personal article policy on my wife's wedding ring set (also had renters with them before we bought our house). I've not had any claims on the house (knock wood) but have had several auto claims that were handled very qu...
by KT785
Thu Jun 08, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Electric Razor
Replies: 17
Views: 1696

Re: Electric Razor

I've had a Braun Series 7 shaver since December 2013 and highly, highly recommend it. I'd wet shaved since I started shaving (I'm 29) and had too much irritation to do so everyday once I started my first job out of law school. I'd also tried various electric shavers over the years, including rotary ...
by KT785
Thu Jun 08, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: Optimal private school saving/spending plan?
Replies: 12
Views: 1211

Re: Optimal private school saving/spending plan?

Not necessarily directly applicable to the private school issue--but have you considered opening a spousal Roth IRA (permitted even though she's a SAHM)?
by KT785
Tue Jun 06, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: Recommendations on Home Alarm Systems
Replies: 18
Views: 1833

Re: Recommendations on Home Alarm Systems

My wife and I chose LiveWatch Security after looking at various options for a few months. We also strongly considered SimpliSafe but in light of the exposed and unfixable "hack" (vulnerability) of that system and its proprietary technology, I decided against it. Our plan with LiveWatch is ...
by KT785
Wed May 17, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: State Farm Drive Safe & Save Program
Replies: 14
Views: 3416

Re: State Farm Drive Safe & Save Program

My wife and I have had Drive Safe & Save for several years and get a pretty nice discount as a result. I'd previously used an active OnStar subscription for the program, but when I bought my Subaru in December (thus not having an OnStar equipped vehicle anymore), I received the new Bluetooth dev...
by KT785
Tue May 02, 2017 11:55 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA
Replies: 8
Views: 786

Re: Roth IRA

I should also note that, if you have other investment accounts (401k, taxable accounts, etc.) then the investments held in those accounts should be taken into consideration when choosing the fund(s) for your Roth IRA. If this is you first and/or only investment account, I'd reiterate my suggestion t...
by KT785
Tue May 02, 2017 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA
Replies: 8
Views: 786

Re: Roth IRA

My solution would be a target date fund--they're are an all-in-one solution and they rebalance on their own so there's no need to tinker with it (and in my case, helps remove the temptation of doing so). Also, depending on how much you have to invest at the outset, they have the lowest minimum inves...
by KT785
Wed Apr 26, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance student loan to Earnest?
Replies: 24
Views: 1724

Re: Refinance student loan to Earnest?

I just wrapped up a refinance through PenFed after having looked at most of the others (SoFi, LendKey, Credible, Earnest, etc.) and PenFed (operating through Purefy) had the best rates for me--and the rates they quoted me initially were accurate to what I actually received once I applied. I ultimate...
by KT785
Mon Apr 24, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: Best Choices for a Summer Place in the Rockies
Replies: 15
Views: 1626

Re: Best Choices for a Summer Place in the Rockies

The wife and I are partial to Colorado and have often thought about Colorado Springs for retirement . . . though retirement is many years away (we're 29 and 28). Given some of your initial ideas, perhaps CS is a bit too far south? If so, maybe Ft. Collins might be worth considering--though neither C...
by KT785
Fri Apr 21, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: New version of VantageScore coming
Replies: 16
Views: 1406

Re: Credit Score Changes For Bogleheads

Seems like this is already being discussed in this thread:

viewtopic.php?f=2&t=217040&newpost=3336737
by KT785
Fri Apr 21, 2017 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinancing
Replies: 4
Views: 730

Re: Student Loan Refinancing

I'm currently wrapping up a refinance through PenFed after having looked at most of the others (SoFi, LendKey, Credible, etc.). I'm planning on writing a review and posting it on the forum in the next day or so once the funds have posted to my FedLoan Servicing account since this relates to a previo...
by KT785
Tue Apr 04, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: Recommendation for a security system
Replies: 4
Views: 518

Re: Recommendation for a security system

My wife and I chose LiveWatch Security after looking at various options for a few months. We also strongly considered SimpliSafe but in light of the exposed and unfixable "hack" (vulnerability) of that system and its proprietary technology, I decided against it. Our plan with LiveWatch is ...
by KT785
Mon Apr 03, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: Law school-most cost efficient, yet quality, way to get Real Estate law degree?
Replies: 37
Views: 3005

Re: Law school-most cost efficient, yet quality, way to get Real Estate law degree?

There is no such thing as a real estate law degree, and, no, there are no online law programs that are reputable. Go to an accredited, legit law school, or don't go at all. Definitely don't go into a ton of debt for a second-rate law degree because there just aren't that many good jobs for lawyers ...
by KT785
Wed Mar 29, 2017 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Max Out 0% Promo Credit Card
Replies: 39
Views: 2468

Re: Max Out 0% Promo Credit Card

I'd like to use it to fund a new bank account I opened. How do you plan on funding the bank account with the card? Cash advance, convenience checks, etc.? Be aware that those types of transactions typically have a limit well below the actual credit limit for the card and moreover, 0% promos typical...
by KT785
Mon Mar 27, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA SCHWAB
Replies: 12
Views: 1240

Re: Roth IRA SCHWAB

With $1,000 you can open a Roth IRA at Vanguard via one of their Target Date Funds--unlike most of their other funds, the Vanguard TDFs only have a $1,000 minimum initial investment. Also, if you haven't read it already, I'd recommend reading "If You Can" by Bill Bernstein--free PDF linked...
by KT785
Mon Mar 27, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Toyota vs. Honda
Replies: 58
Views: 5159

Re: Toyota vs. Honda

Subaru :D
by KT785
Mon Mar 27, 2017 12:23 am
Forum: Personal Consumer Issues
Topic: Off-line Budgeting software for Mac
Replies: 9
Views: 856

Re: Off-line Budgeting software for Mac

I use Quicken 2017 for my Mac--though I leverage automatic downloads from my various financial institutions as well as cloud sync for my iPhone and iPad. That said, I imagine one can use it without either of these features and rely only on manual entry. I've also heard positive things about Banktivi...
by KT785
Wed Mar 22, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Another student loans question
Replies: 13
Views: 1069

Re: Another student loans question

I can speak briefly re: LPMI (lender paid mortgage insurance) as my wife and I went that route when we bought our home 3 years ago. Ultimately, I felt I was "sold" that vs. PMI and our mortgage broker's rationale was that we'd buy a new house within 5-7 years (his view, not mine) and accor...
by KT785
Wed Mar 22, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Another student loans question
Replies: 13
Views: 1069

Re: Another student loans question

Any thoughts on which mortgage? Thoughts on using cash reserves to pay off high interest SL (15k @ 7.65%) now versus waiting a few months to refinance? Any other thoughts on using cash to pay off SL now? I'm personally too risk averse to go with an ARM unless I know I'm only going to be in the hous...
by KT785
Wed Mar 22, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Another student loans question
Replies: 13
Views: 1069

Re: Another student loans question

I would step back and ask if you should be buying a home with $245k of high interest student loans. I had the same reaction and depending on his full situation (income, liquid assets, etc.), is definitely a consideration OP should take into account even though he's already under contract at this po...
by KT785
Wed Mar 22, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Another student loans question
Replies: 13
Views: 1069

Re: Another student loans question

Hello all, just wanted some opinions regarding student loans. Partner and I are preparing to buy a house in the next 90 days (offer accepted) around 350k. We currently have about 50k in cash for down payment/emergency fund etc. at the same time I have a lot of student loans, roughly 230k at 6.5% an...
by KT785
Tue Mar 21, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 10
Views: 1290

Re: Windfall and Student Loan Pay-off/Pay-down Plan

Update 3/21/2017: Thanks again for all the feedback on my original post! The settlement funds posted to our account this morning and shortly thereafter I initiated a payoff of my wife's loans, except the 4.25% one, and all of my unsubsidized 6.55% loans. After the loan servicer processes our paymen...
by KT785
Mon Mar 20, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target Date in both 401k and IRA/taxable---any issue?
Replies: 6
Views: 604

Re: Vanguard Target Date in both 401k and IRA/taxable---any issue?

My wife and I both invest in the Vanguard 2050 Fund (Trust Plus) through our 401k and in the Vanguard 2050 Fund (Investor Shares) in our Roth IRAs. We don't currently invest in a taxable account but have contemplated using one as a supplement to our emergency fund and in that case, planned on levera...
by KT785
Sat Mar 11, 2017 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank Replacement
Replies: 65
Views: 6101

Re: Ally Bank Replacement

Once again, for maybe the fourth or fifth time in the past year, Ally Bank's website is unavailable. A call to them only got an apology and "We're doing updates." I do my banking on Saturday mornings and this is getting ridiculous. Capital One, when I was with them, was more reliable. Can...
by KT785
Thu Mar 09, 2017 12:44 am
Forum: Personal Consumer Issues
Topic: 2017 Honda Civic not recommended by Consumer reports
Replies: 44
Views: 8020

Re: 2017 Honda Civic not recommended by Consumer reports

Perhaps the new Subaru Impreza instead? The Impreza also comes in a hatchback. I previously owned a 2012 Civic (purchased new) and agree with Consumer Reports' negative reviews of it. I traded it in about a year later (very unBoglehead of me) because the build quality was so poor and the dealership ...
by KT785
Sat Mar 04, 2017 11:26 pm
Forum: Personal Consumer Issues
Topic: Camry Redesign
Replies: 61
Views: 6916

Re: Camry Redesign

As a matter of personal preference, I'd wait until at least the second year of a new generation--can you wait until the 2019 Camry comes out? The first model year of a car after a major redesign will likely have the most issues of all model years of a generation (due to the redesign) which will be ...
by KT785
Sat Mar 04, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: Camry Redesign
Replies: 61
Views: 6916

Re: Camry Redesign

As a matter of personal preference, I'd wait until at least the second year of a new generation--can you wait until the 2019 Camry comes out? The first model year of a car after a major redesign will likely have the most issues of all model years of a generation (due to the redesign) which will be c...
by KT785
Sat Feb 25, 2017 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 10
Views: 1290

Re: Windfall and Student Loan Pay-off/Pay-down Plan

The plan sounds good - 6.55% is a pretty high interest rate. Blueman Thanks! For additional context, all the loans listed in my original post are receiving a .25% interest discount because we've set them up with auto-debit . . . the loans were originated at 6.8% (save for one of my wife's at 4.75%).
by KT785
Sat Feb 25, 2017 2:47 am
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 10
Views: 1290

Re: Windfall and Student Loan Pay-off/Pay-down Plan

Your plan is a reasonable option, all things considered. Are you maxing out the 401ks and IRAs? If not, that's almost certainly a better deal mathematically, if you can afford it. Obviously, you don't want to pour the $70k into retirement accounts, then have your loan payments adjust up to a level ...
by KT785
Sat Feb 25, 2017 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 10
Views: 1290

Windfall and Student Loan Pay-off/Pay-down Plan

My wife and I are about to receive a small windfall in the next few weeks as settlement of a personal injury lawsuit and wanted to run our plans for the proceeds by my fellow Bogleheads to validate our approach. (I’ve been lurking on Bogleheads for about 4 years and have accordingly already read the...
by KT785
Sun Feb 19, 2017 9:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement - Institutional class
Replies: 6
Views: 1300

Re: Vanguard Target Retirement - Institutional class

Could anybody tell me the cost difference between the institutional vs the regular Vanguard Target fund? My employer recently offers the regular target funds and I would like to collect some data and discuss it with my H.R. regarding institutional. Thanks, Frank Here's the listing of all Vanguard T...
by KT785
Sat Feb 18, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy on kids - prudent?
Replies: 35
Views: 2725

Re: Life insurance policy on kids - prudent?

I'm not sold on the argument that it is much help even in cases where the child might become uninsurable in the future. If you need life insurance to protect your family against loss of income, you need a lot more than your parents are likely to buy you when you are an infant. In the scenario I out...
by KT785
Sat Feb 18, 2017 1:34 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance policy on kids - prudent?
Replies: 35
Views: 2725

Re: Life insurance policy on kids - prudent?

I wanted to chime in here that there is one scenario where getting life insurance on a child may be appropriate, and that's if you have reason to believe your child is very likely to develop a health condition later in life (child/adolescence though early 20s) that would make them uninsurable. In th...