Search found 99 matches

by kappy
Sun Feb 11, 2018 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Changing Settlement Fund
Replies: 4
Views: 346

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: 346

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: 15975

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: 15975

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: 5600
Views: 1265864

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: 14614

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: 5600
Views: 1265864

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: 5600
Views: 1265864

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: 3533

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: 1436

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: 2319

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: 9964

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: 859

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: 859

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: 2367

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: 768

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: 410

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: 27185

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: 27185

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: 4619

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: 31771

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: 5786

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: 1009

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: 413

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...
by kappy
Mon Nov 20, 2017 7:37 pm
Forum: Investing - Help with Personal Investments
Topic: another refinance question (30 or 15 year?)
Replies: 11
Views: 812

Re: another refinance question (30 or 15 year?)

Not sure your credit rating but 4.375% for a 30 yr is a bit high but 3.75% for a 15 yr is HIGH. I refi'd last month with Sebonic at 3.12% APR for a 15yr. Closing costs were around $4700 for a $190k loan including the escrow. I'd shop around a bit on Zillow.
by kappy
Fri Nov 03, 2017 9:20 pm
Forum: Investing - Theory, News & General
Topic: Regret of selling winning stocks early
Replies: 64
Views: 9096

Re: Regret of selling winning stocks early

I made my first foray into investing by putting a couple grand in AAPL back when the iPod was getting big. I rode it up to 700, down to 350, then back up again. I found Bogleheads a couple years ago and realized how risky it was to hold most of my portfolio in one company. I began selling last year ...
by kappy
Mon Oct 16, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

Ok, I see where your numbers are coming from now. I've been using PITI instead of PI so my payment for the 30yr mortgage is $1275. Anyway, It looks like I had two issues. First, I was double dipping the interest on the mortgage. I was subtracting interest paid from the total but in reality, it's alr...
by kappy
Mon Oct 16, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

marklar13 wrote:
Mon Oct 16, 2017 12:26 pm

After 15 years...

2. Pay off mortgage
  • No mortgage
  • Nothing invested to start with (used to pay mortgage)
  • 2k/mnth invested for 15 years@5% = $45,314.98
  • Total = $45,314.98
Are you sure you didn’t miss a zero? $2k per month for 15 years with 0% return is $360k
by kappy
Mon Oct 16, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

I’ll try to put it into a google spreadsheet. It’s in excel right now. This is why I wanted to ask the question. It seems wrong but I’ve never really compared dumping $120k into the market today with small contributions moving forward vs starting at zero but adding $2k a month.
by kappy
Mon Oct 16, 2017 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Re: Pay Off or Refinance?

Thanks for the replies. I max my 401k so the $2k per month would be taxable investments or a mega backdoor roth. If I paid it off, I’d still have around 6 months ($40k) of emergency funds and I’d pay around $5k in LTCG tax selling investments. I’m at the bottom of the 28% tax bracket but with OT, th...
by kappy
Sun Oct 15, 2017 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Pay Off or Refinance?
Replies: 17
Views: 1735

Pay Off or Refinance?

I'm looking for comments and critiques of the following situation: New house with 30yr @ 4.375% mortgage that can be refinanced to a 15yr @ 3.1%. $190k owed on mortgage. Assuming you have $2k per month of available funds for paying your mortgage and investing, what would you do? To make things even ...
by kappy
Wed Aug 30, 2017 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Aerospace Stress Engineer Salary History
Replies: 13
Views: 3363

Re: Aerospace Stress Engineer Salary History

You did well fighting for raises. It looks like your starting salary was pretty low. I'm in a LCOL area and college new hires 6 years ago were making over $60k. Now it's around $70k. I'm an ME in the aerospace industry a couple years your Sr. I started at $57k and worked my way up to $70k over 6 yea...
by kappy
Fri Jul 28, 2017 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1556

Re: Critique and Questions re. Mortgage

Just adding this as a status update. I locked in 4.375% with the builders lender and close Monday. My current house is under contract to be sold at the beginning of September. If 15yr rates are down where they are now, I will be looking to refinance once it sells. While playing with the spreadsheet,...
by kappy
Sun Jul 23, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 11890

Re: % bogleheads of overall population

Same here. Some of my friends are at least smart enough to get their full company match but many don't even do that :oops: .
by kappy
Tue Jul 11, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1556

Re: Critique and Questions re. Mortgage

GuyFromGeorgia, thank you. I made the table and that's exactly what I was looking for. My idea for going with a 30yr loan was simply a risk reduction measure. If I needed to, I could drop my payment down to the PITI amount if I lost my job or some other large expense popped up. A 15yr forces me into...
by kappy
Mon Jul 10, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1556

Re: Critique and Questions re. Mortgage

The last time I spoke with the rep, I mentioned that SunTrust was offering 4.125 while they offered 4.375. She said "oh yes I know, I have a friend who works there and we compare rates all the time." She said that she could talk to a manager to lower the rate and they would make sure it's competitiv...
by kappy
Sun Jul 09, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1556

Re: Critique and Questions re. Mortgage

Yes, I'm sure they are built into the rate. I believe I may have found my answer but there's just no calculator that can compare paying extra on the principal of a 30yr loan vs refinancing to a 15yr. I used the brute force method and ran the mortgage calculator several times in different browser tab...
by kappy
Sun Jul 09, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Critique and Questions re. Mortgage
Replies: 13
Views: 1556

Critique and Questions re. Mortgage

Hi everyone, I'd like to hear your thoughts on my mortgage situation. Age:32, single Salary $90k State: Florida Current house: mortgage of $1200 PITI including $200 on principal per month. I will receive ~$150k after paying off mortgage and agent fees when it sells. New house: $240k value, $190k mor...
by kappy
Fri Jul 07, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank Credit Card
Replies: 31
Views: 4313

Re: Ally Bank Credit Card

It's 10% on the 1 or 2% cash back, not 11 or 12%.
by kappy
Wed Jul 05, 2017 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Temporary Internal Promotion - Increased Compensation?
Replies: 73
Views: 5133

Re: Temporary Internal Promotion - Increased Compensation?

Megacorp(s) here. I wouldn't ask for that raise now. I've never immediately received a raise for moving into a new position. The closest was the addition of a performance-based bonus at the end of the year for doing a good job in a supervisory role. Wait until you've been in the position a bit and p...
by kappy
Sat Jun 24, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Raising Rates vs. Mortgage Rates
Replies: 6
Views: 965

Re: Fed Raising Rates vs. Mortgage Rates

Good to know. I'm in the neighborhood of 35 days out. The builder anticipates closing at the end of July.
by kappy
Sat Jun 24, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Fed Raising Rates vs. Mortgage Rates
Replies: 6
Views: 965

Re: Fed Raising Rates vs. Mortgage Rates

Thanks for the info. I finally got the call that I can lock in my rate next week and was wondering if there was something related to the recent rate hike that would make me want to lock in sooner rather than later.
by kappy
Sat Jun 24, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Fed Raising Rates vs. Mortgage Rates
Replies: 6
Views: 965

Fed Raising Rates vs. Mortgage Rates

I've been following interest rates and mortgage rates for nearly a year now after signing the contract to build a new home. It seems like the increases in interest rates late last year and early this year caused an increase in mortgage rates but the most recent fed rate hike doesn't seem to have don...
by kappy
Fri Jun 23, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: Christine Benz: "How to Make the Most of Your 401(k)"
Replies: 24
Views: 4004

Re: Christine Benz: "How to Make the Most of Your 401(k)"

It is pretty amazing. When I first started working, I knew nothing of investing but my company offered a 50% match up to my contribution of 8% and I was not going to let that extra 4% get away. I think they automatically started you at 3% or so with a 1% increase every year unless you went in and ch...
by kappy
Sat Jun 17, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Producing Income in Taxable Account (Not Retired)
Replies: 19
Views: 2154

Re: Producing Income in Taxable Account (Not Retired)

I agree with the others that ask why invest it when dividends are less than the interest rate of your loan? If you want to invest, do it in a TSM or S&P 500, take dividends and put them towards the mortgage, then use your other income sources to make up the difference. At least then, you have a tax ...
by kappy
Sat Jun 17, 2017 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 40
Views: 10794

Re: Ally Bank No penalty CD for parking cash, is there a catch?

*3!4!/5! wrote:How is interested accrued? If you cash out after, say 2.8 months, would you get the full 2.8 months interest, or would you just get 2 months interest because that's the number of whole months you were in?
Interest accrues daily.
by kappy
Sat Jun 10, 2017 7:02 pm
Forum: Investing - Theory, News & General
Topic: Russell 2000 Pro's and Con's
Replies: 5
Views: 1009

Re: Russell 2000 Pro's and Con's

Thanks. Learn something new every day...
by kappy
Sat Jun 10, 2017 5:19 pm
Forum: Investing - Theory, News & General
Topic: Russell 2000 Pro's and Con's
Replies: 5
Views: 1009

Russell 2000 Pro's and Con's

I occasionally see comments on here that the Russell 2000 isn't a good index to track. Would anybody care to explain why I would or wouldn't want to use an index fund that tracks it for small caps?
by kappy
Wed May 24, 2017 5:56 pm
Forum: Investing - Theory, News & General
Topic: Understanding a Post Tax 401k
Replies: 19
Views: 2515

Re: Understanding a Post Tax 401k

corn18, I thought that's what I said but either way, we are in agreement. Pre-tax 401k $18000, Roth IRA $5500.
by kappy
Mon May 22, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: Understanding a Post Tax 401k
Replies: 19
Views: 2515

Re: Understanding a Post Tax 401k

I believe what captpete means is that his 401k offers a Roth option for post tax money. This is an easy way to get money into a Roth but not the best way to maximize your tax deferred space if that's what you're trying to do. You can only contribute $18,000 to tax advantaged 401k's. I use 401k for a...