Search found 357 matches

by Meaty
Wed Feb 10, 2016 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Move to another house after 10 months??
Replies: 33
Views: 2143

Re: Move to another house after 10 months??

Technically you can swing it so it's really up to you, however, you're going to take a sizable loss on your existing home after you pay real estate commissions, etc. personally, I wouldn't be willing to eat the 8k closing costs you just paid plus the 6% commission on the sale. Yes, that is my bigge...
by Meaty
Tue Feb 09, 2016 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Move to another house after 10 months??
Replies: 33
Views: 2143

Re: Move to another house after 10 months??

Technically you can swing it so it's really up to you, however, you're going to take a sizable loss on your existing home after you pay real estate commissions, etc. personally, I wouldn't be willing to eat the 8k closing costs you just paid plus the 6% commission on the sale.
by Meaty
Tue Feb 09, 2016 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) getting killed
Replies: 52
Views: 4949

Re: 401(k) getting killed

Toons wrote:If you have long time horizon until you retire...a couple decades or more,
An extended bear market is your friend, ally.
Keep dollar cost averaging monthly.
Your patience will be rewarded. :happy


+1. Stocks are on sale. I have 30 years until retirement; I'm loving each drop in the s&p
by Meaty
Tue Feb 09, 2016 6:41 am
Forum: Personal Consumer Issues
Topic: Nest Thermostat: Worth it
Replies: 19
Views: 2160

Re: Nest Thermostat: Worth it

I had the Nest gen. 1. It was fine...but nothing snazzy. The user interface makes it "easy" to program and learn, etc. Like the other poster said....if you are interested in saving money, get a $30 programmable thermostat and program it. HD and Lowes sale Honeywell programmable thermostat...
by Meaty
Sun Feb 07, 2016 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: 10% Mortgage Down payment
Replies: 29
Views: 2690

Re: 10% Mortgage Down payment

Don't due the FHA 3.5%. Last I knew it had permanent PMI
by Meaty
Sat Feb 06, 2016 9:36 am
Forum: Personal Finance (Not Investing)
Topic: How do you hire a lawyer to be "on retainer"?
Replies: 24
Views: 2449

Re: How do you hire a lawyer to be "on retainer"?

It sounds like you don't really need a lawyer "on retainer." What you need is to have an initial consultation with a lawyer who specializes in financial criminal defense to confirm your understanding that what you're doing is not illegal and explain the details of what you're doing. This ...
by Meaty
Fri Feb 05, 2016 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff debt with Roth?
Replies: 19
Views: 698

Re: Payoff debt with Roth?

Above advice is on point. Only thing I'd add that seems to be missing from the thread is your age. If you're close to or in retirement, taking the money out to pay down the debt may make sense (though still probably not). The value of having money available to grow tax free is a lot greater for a 2...
by Meaty
Fri Feb 05, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff debt with Roth?
Replies: 19
Views: 698

Re: Payoff debt with Roth?

Thanks for all of the great advice. The Roth play isn't better than the alternatives presented.

Thanks for helping me keep my head on straight during an emotional decision
by Meaty
Fri Feb 05, 2016 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 10086

Re: How to get a 200k+/year job?

While it's not 200k+, I work on the operations side of retail banking (i.e. Not stocks, sales, or customer facing) and I made 140 last year working 35-40 hours per week. I live in a middle cost of living area - average 4 bed home in a nice area is ~200k My experience is a bit of an outlier as I do a...
by Meaty
Fri Feb 05, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Payoff debt with Roth?
Replies: 19
Views: 698

Re: Payoff debt with Roth?

Thank you for the responses. I can pay an additional 1600/month beyond the ~600 min payment and can have the entire balance paid in about 12 months. I have paid off cars that I could leverage to pay it; thanks for that suggestion I do back door Roth contributions each year so the space is important....
by Meaty
Fri Feb 05, 2016 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Payoff debt with Roth?
Replies: 19
Views: 698

Payoff debt with Roth?

Thank you for reading my question. In brief, I recently became aware of a 30k unsecured debt my wife accrued at a fixed 7.29% interest rate. While I don't wish to discuss the relational aspect of this I would appreciate advice on the following question: I have a Roth IRA with contributions sufficien...
by Meaty
Thu Jan 28, 2016 6:56 am
Forum: Personal Consumer Issues
Topic: Car Loan Paid Off, Where is my Title?
Replies: 21
Views: 2062

Re: Car Loan Paid Off, Where is my Title?

I recently paid off my car loan with Nissan Motor Acceptance Corporation (~3 weeks ago). I still have not received the title to date. I have been trying to call their customer service for the past couple of days, but I have been unable to get through (on hold for 1-1.5 hours after which I just give...
by Meaty
Wed Jan 27, 2016 9:30 am
Forum: Personal Consumer Issues
Topic: Car Loan Paid Off, Where is my Title?
Replies: 21
Views: 2062

Re: Car Loan Paid Off, Where is my Title?

I recently paid off my car loan with Nissan Motor Acceptance Corporation (~3 weeks ago). I still have not received the title to date. I have been trying to call their customer service for the past couple of days, but I have been unable to get through (on hold for 1-1.5 hours after which I just give...
by Meaty
Wed Jan 27, 2016 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Who came closest to a $0 [taxes due]?
Replies: 62
Views: 3644

Re: Who came closest to a $0 [taxes due]?

Not even close. Owe $5200
by Meaty
Tue Jan 26, 2016 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How do I pay off debt?
Replies: 22
Views: 3008

Re: How do I pay off debt?

A thought: Since no one is bothering me via letters, phones, at work, etc.....is there any downside to addressing these creditors and possibly opening the door to multiple phone calls a day and a mailbox full of debt bills? If they really wanted to find you, they already would have. They use "...
by Meaty
Mon Jan 25, 2016 9:44 pm
Forum: Personal Consumer Issues
Topic: Thinking about Hulu
Replies: 16
Views: 1382

Re: Thinking about Hulu

I've never had cable or dish. I get Netflix through a Blu-ray player and now through a Tivo OTA device (with "lifetime" pre-paid programming option). I can also watch YouTube. And I watch Hulu only on my computer -- for free. I am never at a loss for stuff to watch, but then I am not fore...
by Meaty
Mon Jan 25, 2016 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: How do I pay off debt?
Replies: 22
Views: 3008

Re: How do I pay off debt?

A thought: Since no one is bothering me via letters, phones, at work, etc.....is there any downside to addressing these creditors and possibly opening the door to multiple phone calls a day and a mailbox full of debt bills? If they really wanted to find you, they already would have. They use "...
by Meaty
Mon Jan 25, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: How do I pay off debt?
Replies: 22
Views: 3008

Re: How do I pay off debt?

immediately dispute the debt Should I dispute it directly to each creditor? Or do I click the dispute button on Annual Credit Report's website? do not put your signature on the letter. it can be re-purposed by shady collectors. To be clear, you mean I shouldn't sign the letter, but I should still t...
by Meaty
Mon Jan 25, 2016 7:14 pm
Forum: Personal Consumer Issues
Topic: Thinking about Hulu
Replies: 16
Views: 1382

Thinking about Hulu

DirectTv/ATT just upped my rate again (now 105) and I've about had it. 105/month for basic no frills cable is a joke.

I'm thinking about a roku with Hulu and my existing Amazon prime. How's everyone's experience been? Is there major content I wouldn't get? Any major drawbacks?

Thanks
by Meaty
Fri Jan 22, 2016 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Career managing outpatient centers
Replies: 0
Views: 183

Career managing outpatient centers

I'm contemplating a career change where I'd be managing outpatient dialysis centers across a region. I know many doctors frequent this board and I'd be interested in their feedback and thoughts regarding this field. I don't have a health care background but I'm told that isn't common for this positi...
by Meaty
Thu Jan 21, 2016 6:40 am
Forum: Investing - Help with Personal Investments
Topic: I have no more money to invest
Replies: 76
Views: 6311

Re: I have no more money to invest

One idea I had was selling my car, but then I would have to bus everywhere. Sounds reasonable. It may be inconvenient on a practical level but you'd be a legend in the forum. Go for it. I'd recommend the opposite: Keep your car, use it as a means (Uber taxi service coming to mind) to make some extr...
by Meaty
Fri Jan 15, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it
Replies: 70
Views: 5870

Re: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it

Hello all, I am asking advice on the idea me and my fiance have come up with for this once in a lifetime opportunity. We are set to get married on May 21st and want to take an extended honeymoon. We would like to backpack across Europe for ~50 days (possibly do a Contiki travel tour for part of the...
by Meaty
Mon Jan 04, 2016 7:09 am
Forum: Personal Consumer Issues
Topic: How do you keep your young kids busy/occupied?
Replies: 37
Views: 2787

Re: How do you keep your young kids busy/occupied?

Thrifty Femme wrote:Youth classes at the local YMCA. Last quarter was swimming and ballet. This quarter just swimming, and might add gymnastics next quarter.


+1. My son is presently in swimming and tae kwon do.
by Meaty
Thu Dec 10, 2015 9:29 pm
Forum: Personal Consumer Issues
Topic: mailboxes freezing shut?
Replies: 31
Views: 1734

Re: mailboxes freezing shut?

Move south
by Meaty
Mon Dec 07, 2015 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: What's the goal?
Replies: 47
Views: 3501

Re: Delaying Social Security: What's the goal?

Of course, if you know your own longevity (and that of your spouse) you could make a much better decision. I found this: Discussion There has been only minor improvement in understanding of life expectancy since the 2005 survey. Encouraging retirees to consider longevity and its variability as they...
by Meaty
Sat Dec 05, 2015 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying Social Security: What's the goal?
Replies: 47
Views: 3501

Re: Delaying Social Security: What's the goal?

I'm a long way from claiming, but I plan to take it as early as possible for the reason you mention - it's actuarily equivalent regardless of when I take it
by Meaty
Thu Dec 03, 2015 6:29 am
Forum: Personal Consumer Issues
Topic: Realtor Negotiating Advice
Replies: 44
Views: 3973

Re: Realtor Negotiating Advice

Recently I've had several default to either 6 or even 7%. I simply informed them I was unwilling to pay that amount, I was interviewing multiple realtors, and ultimately found one willing at 5%
by Meaty
Tue Dec 01, 2015 8:47 pm
Forum: Personal Consumer Issues
Topic: Gun Safe Purchase
Replies: 14
Views: 1934

Re: Gun Safe Purchase

Good advice so far. I'll only add that Liberty safes are excellent. Probably the highest quality within realistic prices
by Meaty
Fri Nov 20, 2015 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Federal employee - two jobs
Replies: 34
Views: 1592

Re: Federal employee - two jobs

Cherokee8215 wrote:You are now experiencing what many of us in corporate America deal with every day. Welcome.


+100000. This is called "normal" at every mega Corp I've worked for. Be glad you aren't doing 3 jobs....
by Meaty
Mon Nov 09, 2015 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: need income
Replies: 20
Views: 3288

Re: need income

You could purchase an immediate annuity which, at your age of 70 would pay you about $1,660 a month which is getting close to your needs. This would last your lifetime. Gill This is probably the best option given the limited amount we know about your situation. Trying to pull ~9% per year will like...
by Meaty
Thu Nov 05, 2015 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: easy G fund access in your Roth IRA
Replies: 18
Views: 1894

Re: easy G fund access in your Roth IRA

Krischi wrote:
Meaty wrote:Can one have a Myra in addition to a Roth? Essentially, I'm trying to confirm opening a Myra as a second tier emergency fund wouldn't prevent me from funding a roth


It counts against the annual contribution limit of $5500.


Boo. :D

Thanks for the info though
by Meaty
Thu Nov 05, 2015 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: easy G fund access in your Roth IRA
Replies: 18
Views: 1894

Re: easy G fund access in your Roth IRA

Can one have a Myra in addition to a Roth? Essentially, I'm trying to confirm opening a Myra as a second tier emergency fund wouldn't prevent me from funding a roth
by Meaty
Wed Nov 04, 2015 8:02 am
Forum: Personal Consumer Issues
Topic: Whisky Recommendations
Replies: 109
Views: 8794

Re: Whisky Recommendations

TX whiskey is phenomenal - quite smooth and great taste. It's also reasonably priced though I'm not sure it's available far outside of Texas
by Meaty
Mon Nov 02, 2015 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Toyota Tacoma for a family
Replies: 20
Views: 1912

Re: Toyota Tacoma for a family

I have a 09 double can taco. No issues hauling the family around
by Meaty
Sun Nov 01, 2015 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: 35+ years to retirement, are bond funds necessary right now?
Replies: 43
Views: 3507

Re: 35+ years to retirement, are bond funds necessary right now?

I'm 100% stocks as well. Just be sure you won't panic sell in the next 40% drop. I know I won't given my behavior in 2008. It's easy to say you'll stay the course but you need to be absolutely sure
by Meaty
Mon Oct 26, 2015 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff Bungled by Lender
Replies: 29
Views: 3389

Re: Mortgage Payoff Bungled by Lender

File a CFPB compliant against lender A. Those complaints get the attention of executive leadership within a bank and are required to be resolved in an expeditious manner
by Meaty
Mon Oct 26, 2015 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance Premium for 2016
Replies: 70
Views: 6053

Re: Health Insurance Premium for 2016

My mega Corp plan is going up about 4%
by Meaty
Sat Oct 24, 2015 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Annuity or not?
Replies: 25
Views: 2209

Re: Annuity or not?

Have you considered instead taking what you need/ want and leaving any left over to charity? It seems like an odd way to go to try to end up with $0. You can at least do without the added stress of figuring out how to do it. However if you must you could use a mortgage calculator to test. Say you t...
by Meaty
Thu Oct 22, 2015 11:15 am
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 136
Views: 14376

Re: Where to retire in Florida?

Sorry, I was thinking of don Pedro (which is technically accessible by car if you use the ferry to cross the intercostal)
by Meaty
Thu Oct 22, 2015 7:14 am
Forum: Investing - Theory, News & General
Topic: Why Save for Retirement? (Millennial Edition)
Replies: 44
Views: 7494

Re: Why Save for Retirement? (Millennial Edition)

Here would be my response (I'm 31) It's tough out there but it always has been. If you choose not to save, you are really choosing to work forever. I don't know about you, but I want to work for as few years as possible If you can't find excess cash to save you need to evaluate what's more important...
by Meaty
Wed Oct 21, 2015 6:47 pm
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 136
Views: 14376

Re: Where to retire in Florida?

nobody mentioned one of floridas best kept secrets. in my opinion it is paradise on earth. mums the word Oh, come on. Tell us. Sanibel, Captiva, Boca Grande, Immokalee? Gill Boca grande and sanibel are both pretty cool Sanibel was pretty cool until it was cut in half by the hurricane about ten year...
by Meaty
Wed Oct 21, 2015 3:25 pm
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 136
Views: 14376

Re: Where to retire in Florida?

Gill wrote:
pablolo wrote:nobody mentioned one of floridas best kept secrets. in my opinion it is paradise on earth. mums the word

Oh, come on. Tell us. Sanibel, Captiva, Boca Grande, Immokalee?
Gill


Boca grande and sanibel are both pretty cool
by Meaty
Wed Oct 21, 2015 9:16 am
Forum: Investing - Theory, News & General
Topic: General Question: How do Brick and Mortar banks have enough capital to loan?
Replies: 36
Views: 3165

Re: General Question: How do Brick and Mortar banks have enough capital to loan?

Unless there have been some drastic changes in the last several year the biggest majority of brick and mortar banks do not carry the loans themselves. They act as brokers and may service the loans, but sell the majority of loans as mortgage loan packages to entities like Fannie Mae (FNMA), Freddie ...
by Meaty
Wed Oct 21, 2015 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Do I Actually Take The Pension Buyout???
Replies: 27
Views: 3534

Re: Do I Actually Take The Pension Buyout???

What is the monthly pension payment starting at 65 if you don't take the offer? Is the pension/annuity on your life only? Period certain?
by Meaty
Mon Oct 19, 2015 2:20 pm
Forum: Personal Consumer Issues
Topic: Where to retire in Florida?
Replies: 136
Views: 14376

Re: Where to retire in Florida?

Before you buy you should spend some time in various locations to see what you like
by Meaty
Mon Oct 19, 2015 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Annuity for 82-year-old widow?
Replies: 32
Views: 2408

Re: Annuity for 82-year-old widow?

I'd advocate the annuity too. It gets her almost entirely to her 2500/month need and eliminates the risk she'll feasibly run out of money. The alternative of investing $110k conservatively enough but also yielding about $1000 a month seems like more risk then I'd be comfortable with
by Meaty
Fri Oct 16, 2015 5:39 am
Forum: Personal Finance (Not Investing)
Topic: A New Reason for Delaying SS
Replies: 76
Views: 8677

Re: A New Reason for Delaying SS

I have 2 basic thoughts on SS; both may be flawed as I'm certainly no expert 1) taking benefits at age 62 or 70 is actuarily equivalent. I believe you have to live to ~82 before you'd receive more cash by waiting until 70. As a result I've never understood the often citied "8% increase each yea...

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