Search found 121 matches

by schutzk21
Sat Feb 10, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Imrf VAC too good to be true?
Replies: 9
Views: 1175

Re: Imrf VAC too good to be true?

The 7.5% IS guaranteed no chance of loss, but no chance of anything better either. The only chance of loss is if the IMRF pension fund becomes insolvent (which at 90% funding seems highly unlikely at the moment). In the event of insolvency, all bets are off. I'm not sure what happens at that point....
by schutzk21
Wed Feb 07, 2018 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Employer Specific Retirement Program
Replies: 4
Views: 430

Re: Employer Specific Retirement Program

First, how safe is the plan? It should disclose it's funding ratio. Look for something north of 80%. This is critical. Lots of companies have offered very generousness pensions plans that had to be scraped when they went bankrupt. Assets in the plan are protected but if the assets are not sufficien...
by schutzk21
Wed Feb 07, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Employer Specific Retirement Program
Replies: 4
Views: 430

Employer Specific Retirement Program

Hi Everyone, I wanted to get your take on a retirement program that my employer offers. I am wondering if I should put my funds into this before contributing to Roths (wife and I), my 457, and my wife's 401k. I have a position that earns a pension after 10 years of service. The program I am speaking...
by schutzk21
Thu Feb 01, 2018 2:02 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1671

Re: Trex Decking Without Fascia

Hi everyone. We have received quotes from 4 different companies to tear down our wood deck and replace it with Trex composite. Our deck is 20 X 15, or 300 sq ft. The lowest quote we received was for $9K, but this is the Select model and does not include the fascia boards. I tried looking online to ...
by schutzk21
Thu Feb 01, 2018 12:14 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1671

Re: Trex Decking Without Fascia

I am not comfortable at all with doing this myself. I figured this is a pretty big deal and do not want to mess it up. Can anyone recommend any other brands that may be cheaper than Trex? We are really trying to spend the least amount of money as possible. That may sound like a bad idea, but I canno...
by schutzk21
Thu Feb 01, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1671

Re: Trex Decking Without Fascia

Composite wood costs 3x what cedar does. Cedar lasts much longer than pine. But composite seems to last forever and appearance doesn't deteriorate. We have had a (painted) cedar fence still fine after 25 years on the humid Gulf Coast. And we have a knock-off brand (not Trex) composite deck/porch st...
by schutzk21
Wed Jan 31, 2018 11:22 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1671

Re: Trex Decking Without Fascia

Yes, they are just doing the boards with two sets of stairs. And the rails wouldn't even be Trex. I cannot believe these quotes are this high. At this point i may just have someone resurface my current deck boards. The current boards are partly stained and partly painted. Its a mess. When we bought ...
by schutzk21
Wed Jan 31, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1671

Re: Trex Decking Without Fascia

$30/square feet seems really high to me. Sounds like a pretty easy DIY project to remove and replace the decking boards. Does the whole deck need rebuilt or just the decking boards? I think it looks better with a fascia board but I don't think it looks bad without. My 2 cents :sharebeer Everything ...
by schutzk21
Wed Jan 31, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1671

Trex Decking Without Fascia

Hi everyone. We have received quotes from 4 different companies to tear down our wood deck and replace it with Trex composite. Our deck is 20 X 15, or 300 sq ft. The lowest quote we received was for $9K, but this is the Select model and does not include the fascia boards. I tried looking online to s...
by schutzk21
Tue Jan 30, 2018 9:20 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 49
Views: 6007

Re: M1 Finance - now Free. Great way to rebalance

That would be amazing, but as of right now it is only for the accounts that you have on their platform.
by schutzk21
Tue Jan 30, 2018 8:48 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 49
Views: 6007

Re: M1 Finance - now Free. Great way to rebalance

I am just not sure how you sell securities without selling the full security by zeroing it out. Is there a way you can sell part of a security at retirement? This is the only thing that worries me. Everything else looks awesome.
by schutzk21
Tue Jan 30, 2018 7:12 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 49
Views: 6007

Re: M1 Finance - now Free. Great way to rebalance

For future reference, does anyone know how to withdraw from their account on the website? Say if I wanted to withdraw part of my portfolio, am I able to do that?
by schutzk21
Mon Jan 29, 2018 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help with paying off debt
Replies: 56
Views: 5814

Re: Help with paying off debt

Hi everyone. This thread was started a while ago, but I had a question regarding getting rid of PMI. I just called my mortgage lender, and asked if I am able to get an appraisal on my house to see if the new appraised value of the home would put me at the 80% LTV. The lady said this cannot be done, ...
by schutzk21
Sun Jan 28, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 49
Views: 6007

Re: M1 Finance - now Free. Great way to rebalance

Hi everyone, I apologize for the double post. What do you all think about this platform? After all my research, it seems like a fine idea to start a Roth IRA for my wife, and transfer my roth balance of $2500 from Vanguard.
by schutzk21
Sat Jan 27, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: M1 Finance - now Free. Great way to rebalance
Replies: 49
Views: 6007

Re: M1 Finance - now Free. Great way to rebalance

I was going to start up a Roth IRA for my wife next week. I want to just set her up with the 3 fund portfolio. I currently have my ROTH at Vanguard investing in mutual funds. Would it be a bad idea to have one Roth investing in ETF's and another investing in mutual funds? What would your recommendat...
by schutzk21
Thu Jan 18, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 96
Views: 12000

Re: Xfinity Mobile

Thanks everyone! I am going to attempt to visit one of their stores today and ask them about doing a hard pull. I saw a forum online with some people stating they had a hard pull on their credit, but I wanted to verify on here. I have a feeling that the customer service at the store isn't going to b...
by schutzk21
Wed Jan 17, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile
Replies: 96
Views: 12000

Re: Xfinity Mobile

Hello all. I am interested in starting a plan with Xfinity mobile. Does anyone know if Xfinity does a hard credit pull for starting a new plan with them? Do they run a hard credit pull if you finance a phone through them over 24 months?
by schutzk21
Tue Jan 09, 2018 12:18 am
Forum: Personal Consumer Issues
Topic: Best Phone Plan for 1 person
Replies: 86
Views: 3958

Re: Best Phone Plan for 1 person

Does anyone know what the taxes and surcharges are for Xfinity Mobile? I used to have their TV service and just loved all of those extra fees each month.
by schutzk21
Mon Nov 27, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help with FireCalc
Replies: 1
Views: 348

Help with FireCalc

Hi Everyone, I am messing around with Firecalc, but had some questions to make sure I am doing this correctly. I am certainly dreaming here, but I wanted to play around with the numbers to see if I saved a certain amount by the time I am 45, if I can retire. Can someone walk me through the steps on ...
by schutzk21
Tue Nov 21, 2017 6:09 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

Here is some more information on the 7.5% Plan with my employer: The Voluntary Additional Contribution (VAC) program is an easy way to help you save additional retirement income. Voluntary Additional Contributions: Are limited to a maximum of 10% of reportable earnings. Are after tax, not tax-deferr...
by schutzk21
Tue Nov 21, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

Thank you SO much for taking the time to put all of this together for me. I am definitely going to take this advice. One question that I had right off the bat was regarding my 7.5% fixed rate plan. I see that you marked this as 0% of my portfolio. Are you suggesting I should possibly hold off on tha...
by schutzk21
Tue Nov 21, 2017 11:11 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

Thanks so much for the quick response! How much is the current balance in your 7.5% fixed plan at work? Currently, $0 balance. I would like to start contributing ASAP once I figure out an investment strategy with our different accounts. How much (in dollars) is the maximum annual employer contributi...
by schutzk21
Tue Nov 21, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

I apologize for not answering those questions. I thought I entered them and clicked "submit" but it must not have went through. 1) How much is in your 457? Currently only $650. I have only been putting in $30 every 2 weeks. 2) How much will you contribute annually to your 457 account? Is here an emp...
by schutzk21
Tue Nov 21, 2017 12:48 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

Can someone please help with my post above? My wife want to make a decision tomorrow on the funds she should select for her 401k. It would also be much appreciated if I can get some advice on how I should invest with the other accounts i mentioned. Thanks so much for all of your help!
by schutzk21
Mon Nov 20, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

Please see my edit with the answers to the questions you asked. Thanks again!
by schutzk21
Mon Nov 20, 2017 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

Re: 401(k) allocation for wife- Please help

I have edited my post with all of the questions asked. I apologize if I am doing this incorrectly by adding another post.
by schutzk21
Sun Nov 19, 2017 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: 401(k) allocation for wife- Please help
Replies: 18
Views: 1392

401(k) allocation for wife- Please help

Hello Everyone, EDIT: See question I have answered at the bottom of my post. My wife got a new job and now has the opportunity to contribute to her 401k. She is 29 years old and we need help with how we should allocate her funds. She will be contributing 5%, as this is up to the employer's match. Pl...
by schutzk21
Mon Nov 06, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Projector Setup in Basement
Replies: 24
Views: 1746

Re: Projector Setup in Basement

Thank you all for the helpful responses! Definitely some great advice here. We decided we want to do the projector, but might start with a cheaper one as our budget isn't very big. Can anyone recommend a nice projector at around $450-500? I measured the throw distance we would probably be at and i w...
by schutzk21
Sat Nov 04, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing from 30 year to 15 year
Replies: 7
Views: 1037

Re: Refinancing from 30 year to 15 year

I read the rules for my mortgage company in regards to when I can remove the PMI. I believe (I have to double check) that if I am in the first 5 years of paying the mortgage, then I need an LTV% of 75%.
by schutzk21
Sat Nov 04, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing from 30 year to 15 year
Replies: 7
Views: 1037

Refinancing from 30 year to 15 year

Hi All, We owe about 153,000 on our home and have had the house since 2014. The mortgage was at $167,000 when we first purchased the home. It looks like the value is about $205,000 given the sales in the area. We owe PMI and we need to have 25% of equity in the home in order to get rid of it. By usi...
by schutzk21
Sat Nov 04, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Projector Setup in Basement
Replies: 24
Views: 1746

Re: Projector Setup in Basement

I just feel like I can find a nice projector around $400-$500 and cast it to the white wall. This is how my cousin has his set up and it looks good. Wouldn't an OLED screen cost me a ton more?
by schutzk21
Sat Nov 04, 2017 9:26 am
Forum: Personal Consumer Issues
Topic: Projector Setup in Basement
Replies: 24
Views: 1746

Projector Setup in Basement

Hi All, My wife and I want to treat each other to a projector setup in the basement for this Christmas. Does anyone have a set up like this? What brands do you recommend? What other cables/accessories will I need to have the optimal setup? We will likely have seating about 8-10 feet from where we wi...
by schutzk21
Mon Aug 14, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Car Rental on Current Car Insurance Policy?
Replies: 16
Views: 1540

Re: Car Rental on Current Car Insurance Policy?

What I am trying to say is....do you pay monthly on your car insurance for rental car coverage if you get in an accident?
by schutzk21
Mon Aug 14, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: Car Rental on Current Car Insurance Policy?
Replies: 16
Views: 1540

Car Rental on Current Car Insurance Policy?

Hello everyone,

My wife and I are trying to cut costs wherever possible. I just have a simple question: Do you pay for rental coverage on your car insurance policy? Why or why not? Thanks for your responses!

-schutzk21
by schutzk21
Wed Jul 26, 2017 1:00 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Vanguard Roth IRA
Replies: 1
Views: 286

Help with Vanguard Roth IRA

Hi Everyone, I just opened a ROTH IRA for my wife on Vanguard and I had a question. It asked us how much we want to contribute right now, and I just put $30. I was thinking this about was going to be put in the Federal Money Market (Settlement Fund). It is showing that the $30 is not in any account ...
by schutzk21
Wed Jul 05, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a new home
Replies: 5
Views: 623

Buying a new home

Hi everyone, My wife and I purchased a home 3 years ago and we are now seriously considering selling and buying a new one since we will be starting a family. I had a few questions regarding my situation. We currently owe $156K on the current house. With all the comps in the area, we believe we can s...
by schutzk21
Wed May 17, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: should I tip repairman for TV?
Replies: 27
Views: 2368

should I tip repairman for TV?

I have a person with Squaretrade at my house right now fixing my TV. I have the warranty with squaretrade and I am wondering if it is proper to tip the repairman fixing it for coming out. If so, how much is sufficient?
by schutzk21
Thu May 04, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Two night trip
Replies: 9
Views: 1081

Two night trip

Hello everyone. My wife and I would like to celebrate our two year wedding anniversary with a little getaway. We would go somewhere for two nights. We are looking to drive a max 2.5 hour each way to wherever we go. We live in the Chicagoland suburbs. We really want to find a nice town where we can r...
by schutzk21
Sat Apr 15, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Cable and Internet
Replies: 54
Views: 7996

Re: Cable and Internet

I was wondering if you guys can give me some help. I was thinking about getting SlingTV and downgrading my internet speed with Xfinity. Do you think at 25 mbps, this will be high enough speed to stream on SlingTV to watch live TV? I want to make sure I would be okay before I make the switch. I curre...
by schutzk21
Wed Apr 05, 2017 4:41 pm
Forum: Personal Consumer Issues
Topic: New Tires for 2013 Mazda 3
Replies: 16
Views: 1555

Re: New Tires for 2013 Mazda 3

Ok, so I am guessing Michelin isn't running that special right now?
by schutzk21
Wed Apr 05, 2017 3:47 pm
Forum: Personal Consumer Issues
Topic: New Tires for 2013 Mazda 3
Replies: 16
Views: 1555

Re: New Tires for 2013 Mazda 3

It looks like Discount Tire has the Defenders for a total of about $675 for 4 tires. Are there any coupons or deals to get this cheaper?
by schutzk21
Wed Apr 05, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: New Tires for 2013 Mazda 3
Replies: 16
Views: 1555

New Tires for 2013 Mazda 3

Hello everyone,

I wanted to see if anyone had an opinion on 2013 Mazda 3 tires. I have 51,000 miles on the car and I think I am due. I am looking for the best value for my money. Any help is appreciated. Thank you!
by schutzk21
Sat Mar 25, 2017 3:39 pm
Forum: Personal Consumer Issues
Topic: Just purchased car- question about dealer
Replies: 3
Views: 513

Just purchased car- question about dealer

We just agreed to a price on a certified pre owned car. We are financing through my credit union. The check won't be sent to the dealer 'til Tuesday (3 days from now). We asked the dealer if we can put some money down and then take the car and had a pre approval letter from the credit union stating ...
by schutzk21
Sat Mar 18, 2017 4:16 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

How can they not want me as a customer? That is pretty ridiculous to not even bother with someone.
by schutzk21
Sat Mar 18, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

I have called and spoke to the Sales admin person and she just told me they can't give me an out the door price until I come in. I have also emailed them and gave them my number, and no one has contacted me. It seems as if they just want me to come in and don't want to give me any info until I come ...
by schutzk21
Sat Mar 18, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

Kenkat, thats a good idea. I guess it doesn't hurt to try.
by schutzk21
Sat Mar 18, 2017 3:25 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

So do you guys just suggest going into the dealer and seeing what the actual offer is? It seems as if every single new car in their lot has the "allowance" tagged onto it.
by schutzk21
Sat Mar 18, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

Ah, so it is only what you actually qualify for? So that $7102 is the total of everything someone "may" qualify for?
by schutzk21
Sat Mar 18, 2017 2:50 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

At 15,808 what can I expect the out the door price to be? I asked the lady on the phone and she said she cant give that to me unless I came in. I have also emailed them but am not hearing anything back. When I am ready to finalize everything, is it suggested to see the total bill (how much they are ...
by schutzk21
Sat Mar 18, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: "Allowance" for new car
Replies: 22
Views: 1398

Re: "Allowance" for new car

It does look like every single 2017 Sonata has this "allowance" attached to it. So it isn't the only car on the lot with this offer.