Search found 125 matches

by kappy
Fri May 11, 2018 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Move 11 month Ally CD (1.5%) to Ally Savings (1.6%)?
Replies: 5
Views: 1239

Re: Move 11 month Ally CD (1.5%) to Ally Savings (1.6%)?

Can't think of any unless things go to crap and rates drop again. I'd think about Vanguard Prime MM currently @1.85%.
by kappy
Sun May 06, 2018 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: For Those Who Purchased Ally No Penalty CD's in Dec/Jan
Replies: 60
Views: 7805

Re: For Those Who Purchased Ally No Penalty CD's in Dec/Jan

I moved mine into Vanguard Prime MM. I still hold a 2% 11 month CD with Ally which I will hold till maturity.
by kappy
Sat May 05, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: AAPL - Great Investment or Value Trap
Replies: 62
Views: 8306

Re: AAPL - Great Investment or Value Trap

Apple was a large percentage of my portfolio and when I found Bogleheads a few years ago, I started selling to buy total stock market. Fortunately (so far), I wasn't too keen on paying the LTCG taxes on my small investment from 2004 :sharebeer so I have only sold a portion of my holdings. It still m...
by kappy
Sat Apr 28, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435592

Re: U.S. stocks in freefall

UpperNwGuy wrote:
Sat Apr 28, 2018 7:55 pm
so all those ups and downs in the last four and a half months have been like running in place: lots of energy expended with no real progress.
It let me TLH so there was a small amount of progress for me.
by kappy
Fri Apr 27, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: COMCAST - Modem / Router recommendation
Replies: 28
Views: 1797

Re: COMCAST - Modem / Router recommendation

For my Comcast 150Mbps service, I bought an ARRIS SURFboard SB6183 modem for under $70 on Amazon and I use a Linksys WRT1900AC wifi router as it was the lowest cost and always came in near the top of bandwidth and range.
by kappy
Mon Apr 16, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Best Couch for Big and Tall Person
Replies: 17
Views: 51887

Re: Best Couch for Big and Tall Person

I had stopped at Lay-Z-Boy this past weekend. Spent 15 minutes with a guy who showed me a few models and concluded that I didn't fit well in anything. He was right. My current sofa is a Lay-Z-Boy which I bought for $500 used from a person at work. It was never really comfortable but I was young, che...
by kappy
Sun Apr 15, 2018 8:28 pm
Forum: Personal Consumer Issues
Topic: Best Couch for Big and Tall Person
Replies: 17
Views: 51887

Re: Best Couch for Big and Tall Person

Reviving this thread for the 2018 edition. After a couple days of going to the local furniture stores, I've only found couple sofa's the I sorta fit in. By sorta, I mean they are soft enough that my upper back pushes the upper portion of the cushion back instead of it pushing my upper back forward. ...
by kappy
Fri Apr 13, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12913

Re: Work Commute: How far is too far?

30-35 minutes is where I've landed in my last couple employers. I did do a year and a half of 55 mile/1-1.5 hr each way when I switched jobs before moving. That got tiring after a couple months. By the end, I couldn't wait to move. I've found that I am much more willing to drive longer if there is l...
by kappy
Sat Apr 07, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Engineering: Quality of school vs. specialized niche degree
Replies: 52
Views: 3621

Re: Engineering: Quality of school vs. specialized niche degree

I'll agree that internships/coop's are very much worth it when it comes to getting experience and finding a job. Also, finding a club or organization that provides extra curricular practical engineering experience provides some excellent talking points in a job interview. I will say that a student f...
by kappy
Sat Apr 07, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: How much cash do you keep at any time on checking?
Replies: 183
Views: 15139

Re: How much cash do you keep at any time on checking?

My monthly expenses are a $1600 mortgage and $1500-2000 in other bills. I generally try to keep $5000 in checking. If it gets down around $3000, I'll add to it and when it gets above $7000 or so, I'll pull money out.
by kappy
Sat Apr 07, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Money Market Funds
Replies: 13
Views: 2543

Re: Money Market Funds

I moved most of my Ally savings to Prime MM when it crossed 1.5%. Once it passes 1.75%, I'll be cashing in a no-penalty CD and moving it over.
by kappy
Sat Apr 07, 2018 1:09 pm
Forum: Investing - Theory, News & General
Topic: Class Action suit against DDD?
Replies: 14
Views: 2811

Re: Class Action suit against DDD?

Use them to offset gains when you sell something else. That's what I did with a small amount that I held from a few years ago.
by kappy
Thu Apr 05, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 7168

Re: Asking for a raise/promotion with another offer in hand

I've been on both sides of this and agree that you should leave. If your company makes a counteroffer, it's likely going to be less than you've been offered and you'll probably be stuck with low or no raises going forward. Taking the new job and not burning bridges at your current employer allows yo...
by kappy
Sat Mar 31, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Foreign Tax Credit in Turbotax
Replies: 8
Views: 532

Re: Help with Foreign Tax Credit in Turbotax

Ok, I see that. TT seems to want to generate an 1116 either way. It's including my local property tax in the form. If I hit "skip foreign tax credit", it credits me the $2 and doesn't ask for foreign tax paid but if I go into forms, the 1116 is still there with a few fields filled out. If I hit "con...
by kappy
Sat Mar 31, 2018 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Foreign Tax Credit in Turbotax
Replies: 8
Views: 532

Re: Help with Foreign Tax Credit in Turbotax

Ok I was able to get into the forms. My 1099-DIV box 6 is correctly showing $2.44. 6a is not checked 6b is blank 6c is forcing me to put an "X" by A, B, or C. It is currently on A. 6d is blank Box 7 says "RIC" as the country and there's an "X" next to the ticker asking if it is from a mutual fund. I...
by kappy
Fri Mar 30, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Foreign Tax Credit in Turbotax
Replies: 8
Views: 532

Re: Help with Foreign Tax Credit in Turbotax

Hmm interesting. It's TT Deluxe for Mac. I'll try switching to form mode.
by kappy
Fri Mar 30, 2018 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Foreign Tax Credit in Turbotax
Replies: 8
Views: 532

Re: Help with Foreign Tax Credit in Turbotax

Ace, I did use RIC. I was under the impression that I did not need to complete a 1116 since it was under $300. Huey, TT says that with the $2.44 entered in line 6, I need to either claim it as an itemized deduction or a foreign tax credit. The itemized deduction gives $2 less back to me than the for...
by kappy
Fri Mar 30, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Foreign Tax Credit in Turbotax
Replies: 8
Views: 532

Help with Foreign Tax Credit in Turbotax

Hi all, this is my first year with WVO (Emerging Markets) in my taxable account. I paid a whopping $2.44 in foreign tax and I'm trying to figure out how to handle the foreign tax credit in Turbotax. I'm really using this as a learning experience in taking the tax credit as opposed to taking it as an...
by kappy
Thu Mar 29, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: TLH With SpecID If Bought Within 30 Days Before Harvesting
Replies: 20
Views: 1702

Re: TLH With SpecID If Bought Within 30 Days Before Harvesting

Well darn, I misunderstood the 30 day prior statement too and missed an opportunity to TLH for the first time :oops: . I didn't realize that all I needed to do was sell all shares bought within the last 30 days. Maybe it'll drop again next week and give me a chance :sharebeer
by kappy
Wed Mar 28, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: After maxing 401(k): contribute to Before-tax, After-tax, or Taxable?
Replies: 15
Views: 2140

Re: After maxing 401(k): contribute to Before-tax, After-tax, or Taxable?

I performed my first Mega Backdoor Roth this year. My employer automatically switched my pre-tax 401k contributions to post-tax once I hit the limit. Then in January, I called Fidelity (my 401k provider) and said I would like to take an in-service distribution and roll it into a Roth IRA. They helpe...
by kappy
Wed Mar 28, 2018 8:18 pm
Forum: Personal Consumer Issues
Topic: LG 75" vs OLED 65" TV or Wait?
Replies: 44
Views: 4361

Re: LG 75" vs OLED 65" TV or Wait?

I replaced my 10 year old Sony with an LG OLED 65B7A late last year. Great TV but they do have issues with yellow areas on the screen when certain colors are being displayed. Mine has a couple inch band on the left side of the screen that is noticeable when displaying off white colors like snow. I'v...
by kappy
Wed Mar 28, 2018 10:21 am
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 130
Views: 20727

Re: Is it time to dump high yield savings for prime money market?

Quick question about Prime MM... does interest accrue daily? I know it pays out monthly but is it accruing daily?
by kappy
Tue Mar 20, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Is it time to dump high yield savings for prime money market?
Replies: 130
Views: 20727

Re: Is it time to dump high yield savings for prime money market?

I still hold some in Ally but I moved most of my online savings account to PMM a couple weeks ago.
by kappy
Sat Mar 03, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 19640

Re: What was your % pay raise?

For me over the past 8 years: Low merit increase: 1.75% High merit increase (not including promotion): 3.1% Promotion adds 3-5% in top Changing companies in same COL area: priceless (~20%) In my industry, you can't keep up with inflation unless you move around. High performers are getting 3-4% raises.
by kappy
Fri Mar 02, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Citi DoubleCash vs. Paypal (Synchrony)
Replies: 28
Views: 4607

Re: Citi DoubleCash vs. Paypal (Synchrony)

I went with the double cash card a couple weeks ago. I did have to try a few times activating it online but I was able to add it to ApplePay quickly and set up my bank account to receive ebills from them without hitch. I've been using it almost exclusively since I received it and have not had any is...
by kappy
Sun Feb 11, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Settlement Fund
Replies: 4
Views: 451

Re: Changing Settlement Fund

Ah, that makes sense. Thanks!
by kappy
Sun Feb 11, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Settlement Fund
Replies: 4
Views: 451

Changing Settlement Fund

All my Vanguard accounts are using the Federal Money Market fund as their settlement fund. How does one change the settlement fund to Prime Money Market? It seems like it should be a simple answer but I have found zero info on it while searching. Thanks!
by kappy
Thu Feb 08, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 16953

Re: Blood in the water- buying?

kappy wrote:
Wed Feb 07, 2018 8:22 pm
Emerging markets made it back down to where it was during the big dip Monday so I put a little more in taxable. Which probably means it'll drop 10% tomorrow :greedy
Yep, what did I say... well maybe not 10% but another sizable drop.

I bought some more.
by kappy
Wed Feb 07, 2018 8:22 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 16953

Re: Blood in the water- buying?

Emerging markets made it back down to where it was during the big dip Monday so I put a little more in taxable. Which probably means it'll drop 10% tomorrow :greedy
by kappy
Wed Feb 07, 2018 8:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435592

Re: U.S. stocks in freefall

I'd have loved it if grandpa had given me $100 of S&P 500 instead of EE bonds :oops:
by kappy
Mon Feb 05, 2018 8:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 16416

Re: Did any other brokerages crash today other than Vanguard?

I was able to place a buy order of VTSAX right after 3pm today from my iPhone app. When was it down?
by kappy
Mon Feb 05, 2018 8:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435592

Re: U.S. stocks in freefall

I put a buy order in for VTSAX before the close. Couldn't help myself :beer . If it continues to drop, I'll buy more :sharebeer
by kappy
Tue Jan 30, 2018 9:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6639
Views: 1435592

Re: U.S. stocks in freefall

I bumped up my monthly DCA of house-sale funds by a day and put another $10k into TSM in taxable. For the record, I would have been much better off (so far) if I had lump summed it but I am sticking to my monthly DCA plan.
by kappy
Tue Jan 30, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3986

Re: Should I join Linkedin?

As an engineer, it's extremely useful. I'm not someone who goes in to update my profile every month but I'll update it maybe once a year and keep it current. I let mine read like a resume with maybe a little more detail as you're not limited on length. I probably get one email a week from a head hun...
by kappy
Sun Jan 28, 2018 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity index with less than 2500 minimum?
Replies: 13
Views: 2300

Re: Fidelity index with less than 2500 minimum?

Good timing for this question to pop up. I'm in a somewhat similar position with Fidelity. I mega backdoor'd around $1500 into a newly set up Roth IRA and realized the minimum investments on their mutual funds were $2500. I completely forgot about their commission free ETF's so ITOT sounds like a wi...
by kappy
Sun Jan 21, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Please recommend an allocation now ( age 31) if retiring in 20 years ?
Replies: 33
Views: 2511

Re: Please recommend an allocation now ( age 31) if retiring in 20 years ?

In part, it depends on your willingness to work longer if you don't quite have enough to retire at 50. I'm a few years your elder but with similar objectives. My goal is to be financially independent by 50 in case the job market tanks or I need to get out of megacorp life but I plan to retire comfor...
by kappy
Sun Jan 21, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 93
Views: 10478

Re: Where do you keep your emergency fund?

Ally savings account up is up to 1.35% now.
by kappy
Fri Jan 19, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth Questions
Replies: 6
Views: 1013

Re: Mega Backdoor Roth Questions

Thanks! I was able to get it done today and everything went smoothly.
by kappy
Tue Jan 16, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth Questions
Replies: 6
Views: 1013

Mega Backdoor Roth Questions

I'm getting ready to perform my first mega backdoor roth and want to make sure I understand the process. I ended up with about $1400 in post-tax 401k contributions this year after I hit the $18k pre-tax limit. My understanding is that I'm rolling over the post tax funds into a Roth IRA while paying ...
by kappy
Sat Jan 13, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 2% 12 month CD expires tomorrow
Replies: 13
Views: 2568

Re: Ally Bank 2% 12 month CD expires tomorrow

I guess they make it harder when you don't have a savings account through them. I opened up several 11 month no penalty CD's and a 12 month hi yield CD throughout the month of December. Each was opened and funded from my Ally savings account in about 5 minutes using the web interface. The funds imme...
by kappy
Tue Jan 09, 2018 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: target date fund with cash instead of bonds
Replies: 8
Views: 857

Re: target date fund with cash instead of bonds

My 2050 fund with Fidelity is .8% bonds and 6.5% cash. IIRC the Voya equivalent fund was about 5% cash.
by kappy
Sat Jan 06, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for doing mega backdoor
Replies: 3
Views: 463

Re: Strategy for doing mega backdoor

I've contemplated doing the same thing. Possible downsides are changes to Roth rules and needing to wait until 59 1/2 to withdraw.
by kappy
Fri Jan 05, 2018 3:40 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 28627

Re: Hitting The Sell Button

Early 30's here and I took the opportunity to rebalance my 6% bonds up to 10%. It'll be back down to single digits soon as I'm DCA-ing the proceeds of the sale of my first house into VTI in taxable. I am likely biased here, but it actually shocks me that someone would put their cold hard cash into ...
by kappy
Thu Jan 04, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 226
Views: 28627

Re: Hitting The Sell Button

Early 30's here and I took the opportunity to rebalance my 6% bonds up to 10%. It'll be back down to single digits soon as I'm DCA-ing the proceeds of the sale of my first house into VTI in taxable.
by kappy
Sat Dec 30, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Target Net Worth
Replies: 39
Views: 5023

Re: Target Net Worth

I built SS into my targeting. Expected SS to provide 25-30% of income in retirement. So any formula such as Desired Ann Income/.035 would need to be adjusted. For example if your target annual income is $150K and your SS is $50K per year, you would need to reach 100000/.035= $2.8 million, not $4.3 ...
by kappy
Tue Dec 19, 2017 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 34779

Re: Ally Bank 1.25% 11 month with no EWP [1.75% and higher]

Dang, I opened a no penalty CD the day they bumped it up to 1.6%. Time to give them a call and see if they'll upgrade it without me having to close the CD.
by kappy
Tue Dec 19, 2017 7:47 pm
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 6280

Re: Who missed out on maximizing 401k?

I hit 18k the first week of December. I realized my paystub correctly reflects hitting the max and the rest going into post tax but Fidelity somehow allowed all that money to go into my pre-tax 401k. Still waiting for a call back from them letting me know how they are correcting the situation :oops:
by kappy
Tue Dec 19, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Florida trip - do rooms on west side get too hot?
Replies: 16
Views: 1133

Re: Florida trip - do rooms on west side get too hot?

Yes, rooms on the west and south sides get warmer during the day. Wood frame houses will cool quickly when the sun goes down and concrete block will retain the heat into the night (but heat up slower during the day). It could be an issue in the summer with a weak A/C but I wouldn't worry about it in...
by kappy
Sun Dec 03, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Investment vs House Down Payment Balance
Replies: 4
Views: 584

Re: Investment vs House Down Payment Balance

It sounds like you have enough now if you sell your house. If you don't have that much "stuff" and depending what your toy is, could you put your things in storage, sell now, rent for a while, and have cash in hand for a downpayment? It sounds like you will be selling your current house in a few yea...