Search found 1660 matches

by TropikThunder
Sat Sep 14, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rate last week
Replies: 5
Views: 968

Re: Mortgage rate last week

I'm in the process of refinancing (with 0 closing cost) and the mortgage rate kept growing for the last week! Should I lock it now or wait?? My current mortgage rate is 3.875% for 30-year fixed and I'm looking for the same term with lower rate. I saw 9/6 (Fri) was the lowest at 3.25% and was hoping...
by TropikThunder
Sat Sep 14, 2019 1:16 pm
Forum: Personal Investments
Topic: IRA Trustee-to-Trustee, cash -- can this be simple?
Replies: 11
Views: 686

Re: IRA Trustee-to-Trustee, cash -- can this be simple?

A properly done ACH transfer definitely meets the IRS requirements as a non reportable IRA transfer, so your question is a good one. However, IRA custodians normally use ACATS for IRA transfers because ACH can only move cash and most IRA accounts hold one or more securities. ACATS should not be as ...
by TropikThunder
Thu Sep 12, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Health equity investment fee. High or low?
Replies: 23
Views: 1546

Re: Health equity investment fee. High or low?

My employer also uses Health Equity. Like the others, I didn't like the minimum cash balance and the 0.4% fee. My other accounts are with Fidelity, so I opened a retail HSA with them several months ago. Every 2-3 months, I'll transfer what's accumulated in the Health Equity account to Fidelity. I'v...
by TropikThunder
Thu Sep 12, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3932

Re: Refinance Mega Thread

It definitely wasn't a teaser rate just to get you to contact them and then they talk you into going with them at a higher rate. When we were talking about locking he said that I just needed to watch their website and once I saw the number I wanted to to that I should call him ASAP. Thanks for the ...
by TropikThunder
Wed Sep 11, 2019 6:08 pm
Forum: Personal Investments
Topic: Should I prefer TIAA Traditional to VBTLX
Replies: 18
Views: 1097

Re: Should I prefer TIAA Traditional to VBTLX

Something to keep in mind with TIAA Traditional is how the crediting rate is determined. TIAA sets the interest rate monthly but only for new contributions. For example, both the GRA and GSRA forms right now are earning 3.00% (which is the guaranteed floor) for new contributions through 09-30. Start...
by TropikThunder
Wed Sep 11, 2019 3:36 pm
Forum: Personal Investments
Topic: 2 Misleading Fidelity Target Date Funds
Replies: 55
Views: 3617

Re: 2 Misleading Fidelity Target Date Funds

..I don't think that's done in a particularly transparent fashion, nor does it live up to the Boglehead hype of Vanguard looking out the most for its customers IMO Considering they’ve always used investor shares in TD finds, I don’t see a lack of transparency or anything deceptive. Vanguard’s not p...
by TropikThunder
Wed Sep 11, 2019 3:02 pm
Forum: Personal Investments
Topic: 2 Misleading Fidelity Target Date Funds
Replies: 55
Views: 3617

Re: 2 Misleading Fidelity Target Date Funds

Just because it has a date in its name does not make it low fee....neither are the Vanguards ones by the way -they are lower, but they charge a fee for using the underlying index funds...for really no reason/service at all. It’s not for no reason, it’s for automatically rebalancing for you. That’s ...
by TropikThunder
Wed Sep 11, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: Health equity investment fee. High or low?
Replies: 23
Views: 1546

Re: Health equity investment fee. High or low?

Thanks everyone for the replies. I will look into Fidelity and Lively. Can anyone who has experience with lively tell me if they have vanguard or other good low cost funds as investment options? Lively uses TD Ameritrade as their investment platform. TDA has a couple hundred ETF’s commission free b...
by TropikThunder
Wed Sep 11, 2019 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Minimizing hard credit pulls when getting mortgage preapproval
Replies: 11
Views: 677

Re: Minimizing hard credit pulls when getting mortgage preapproval

However, my understanding was that this was only a perk for for mortgage shopping. Someone can correct me if I’m wrong but i believe if you apply for a bunch of credit cards or car loans in a 30 day period they will all ding your credit you. From what I've read, it also applies to car loans and stu...
by TropikThunder
Tue Sep 10, 2019 7:28 pm
Forum: Personal Investments
Topic: Gifting to our son
Replies: 14
Views: 1952

Re: Gifting to our son

We have been using a Target Date account at Vanguard to hold our son's birthday money, as well as any other money he may have received over the past 18 years. Since turning 18 this summer, he can now open his own account and we would like to transfer the balance into this account in his name. We un...
by TropikThunder
Tue Sep 10, 2019 3:55 pm
Forum: Investing - Theory, News & General
Topic: [Leveraged ETFs vs. Bogleheads Investment Philosophy]
Replies: 113
Views: 3994

Re: [Leveraged ETFs vs. Bogleheads Investment Philosophy]

Regarding censorship, I'm against it, even though I am 100% confident that you are wrong. And I think anyone reading these threads is intelligent enough to form their own opinion. Isn't that the purpose of a discussion board? I find that an odd statement from one who wanted to ban ETF’s because som...
by TropikThunder
Tue Sep 10, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Minimizing hard credit pulls when getting mortgage preapproval
Replies: 11
Views: 677

Re: Minimizing hard credit pulls when getting mortgage preapproval

If my partner and I are interested in being ready to buy if we find the right house for the right price, but also are willing to wait up to 3 years before pulling the trigger so we can find the right place for us, are there any ways to be preapproved for a mortgage without totally destroying our cr...
by TropikThunder
Tue Sep 10, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Minimizing hard credit pulls when getting mortgage preapproval
Replies: 11
Views: 677

Re: Minimizing hard credit pulls when getting mortgage preapproval

You can usually get pre-approval over the phone in less than 10 minutes. What you're proposing is unnecessary. You generally can’t get a pre-approval letter to show a seller without a hard credit pull. A pre-approval just based on what you tell a lender (nothing verified yet) isn’t worth much in an...
by TropikThunder
Tue Sep 10, 2019 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

Today, almost all banks and credit unions can see the check writer's account and make sure the funds are there to give out the cash. They also update the ledger/balance to deduct the amount of the check. If I write you a check from my Bank of America account and you go deposit it at your Wells Farg...
by TropikThunder
Tue Sep 10, 2019 12:47 am
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

I'm surprised a bank will just let someone walk in with a check and walk out with cash, usually when I deposit one they put a hold on the funds for a few days. Well, (setting aside theft/fraud questions) if I write you a check and you take it to my bank, my bank can immediately see if I have suffic...
by TropikThunder
Mon Sep 09, 2019 6:02 pm
Forum: Investing - Theory, News & General
Topic: Total Stock (US and Intl): Fidelity ZERO vs Vanguard
Replies: 63
Views: 5381

Re: Total Stock (US and Intl): Fidelity ZERO vs Vanguard

Two threads got merged so that may be the discrepancy but the gist is that mutual funds engage with brokers who pad their transaction fees and deliver add-on services used to administer funds, so-called soft dollar arrangements. This hides some of the admin cost outside of the ER. The data is repor...
by TropikThunder
Mon Sep 09, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Help me out - What am I doing wrong - Job Hunt related
Replies: 70
Views: 4806

Re: Help me out - What am I doing wrong - Job Hunt related

Pick up the phone and ask the HR person for any perspective on why you were rejected. Worse they can do is give you non-answers, they may actually relate something worthwhile. Yep - already have - waiting for feedback Sorry but that’s honestly a silly suggestion, it just doesn’t work that way anymo...
by TropikThunder
Sun Sep 08, 2019 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

TropikThunder, thank you for a great detailed response, which makes sense. However, as you are pointing out, you walk into a bank and you are already on video - so why ask for a fingerprint? And what use is the fingerprint, if it was taken incorrectly or it is essentially illegible? Whenever I have...
by TropikThunder
Sun Sep 08, 2019 5:18 pm
Forum: Investing - Theory, News & General
Topic: [Leveraged ETFs vs. Bogleheads Investment Philosophy]
Replies: 113
Views: 3994

Re: [Leveraged ETFs vs. Bogleheads Investment Philosophy]

Getting back to the point of this thread. If we remain stuck in a low rate (and low return) environment for the foreseeable future, you will see more and more interest in leveraged strategies, if only for folks to reach the traditional SWRs that Bogleheads have been counting on for years. As a foru...
by TropikThunder
Sun Sep 08, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Calculate income
Replies: 12
Views: 849

Re: Calculate income

I assume you mean "savings rate calculation." What will you do with the number after you finally calculate it? I am no longer accumulating; but when I was, I never calculated a savings rate. It never occurred to me that I might need to. I agree. I think the much more valuable number is savings rate...
by TropikThunder
Sun Sep 08, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Calculate income
Replies: 12
Views: 849

Re: Calculate income

I assume you mean "savings rate calculation." What will you do with the number after you finally calculate it? I am no longer accumulating; but when I was, I never calculated a savings rate. It never occurred to me that I might need to. I agree. I think the much more valuable number is savings rate...
by TropikThunder
Sat Sep 07, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 41
Views: 3932

Re: Refinance Mega Thread

Yesterday I locked a 3.5% 30-year cash-out mortgage with Lenderfi. Total loan fees are $298 + escrow which will be around $4293. I consider escrow to pretty much be money I need to pay anyway and $2,800 of it is already in my current escrow that will come back. Also, if rates are down by .25% or mo...
by TropikThunder
Sat Sep 07, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Best place for Shopping mortgage refi rates?
Replies: 12
Views: 977

Re: Best place for Shopping mortgage refi rates?

I had a pretty good experience doing a refi with LenderFi You can look at their rates here without needing to talk to anyone or give any personal info. https://app.lenderfi.com/partner/C8AX0T65/search?campaign=professor#refinance Revived thread: How did LenderFI's quoted rates compare to others at ...
by TropikThunder
Fri Sep 06, 2019 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Downside to Using an Authorized User Card - Not Earning Rewards
Replies: 20
Views: 1140

Re: Downside to Using an Authorized User Card - Not Earning Rewards

The confusion is because Costco uses the terms “Primary Member” and “Primary Household Member” to refer to two different people. If I have a Household Membership, I am the Primary Member. If I add my spouse, they are the Primary Household Member. Uncommon and unhelpful word choice for sure.
by TropikThunder
Fri Sep 06, 2019 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Unique rental Income situation: Tax Question
Replies: 20
Views: 1093

Re: Unique rental Income situation: Tax Question

Clarifying question: it seems to me that one can’t take a home office deduction if one is compensated for the use of that home office by a specific employer. In other words, you’re already being compensated for the home office so you can’t double dip by claiming it as a deduction as well (along the ...
by TropikThunder
Fri Sep 06, 2019 11:18 am
Forum: Personal Finance (Not Investing)
Topic: TSP Loan, Mortgage Pre-payment
Replies: 8
Views: 605

Re: TSP Loan, Mortgage Pre-payment

Nate79 wrote:
Thu Sep 05, 2019 1:43 pm
So all of this work for a paltry $280/year with the added risk associated with the scheme?
I think I could come up with easier (risk free!) ways to save $23/month (bring lunch to work? Cancel HBO or the gym membership I never use?).
by TropikThunder
Wed Sep 04, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: 24yo enrolling in 1st 401k-- after tax contr NOT roth 401k
Replies: 15
Views: 843

Re: 24yo enrolling in 1st 401k-- after tax contr NOT roth 401k

I believe I should choose 100% Roth contributions over traditional 401k contributions, because I believe my tax rate will be higher when I retire/withdraw Interested in your reasons for this. Outside of retirement account withdrawals in retirement, what other sorts of income do you expect to have? ...
by TropikThunder
Tue Sep 03, 2019 11:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12034
Views: 2047362

Re: U.S. stocks in free fall

Wait, what happened to Magic Tuesday? Is it because of the holiday? How do you all expect me to efficiently market time during the week with a flawed system?!? :twisted:

viewtopic.php?p=4681269#p4681269
by TropikThunder
Tue Sep 03, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity: When Zero does not mean free
Replies: 108
Views: 10617

Re: Fidelity: When Zero does not mean free

If FZROX's "true" ER was like 35 bp, but they covered that entire cost with securities lending, soft dollar arrangements, brokerage commissions, selling advertising space on their jerseys (sorry, watching soccer at work :P ), etc so that the end cost to me, the poor little investor is zero, should I...
by TropikThunder
Mon Sep 02, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance 7/1 ARM mortgage
Replies: 26
Views: 2168

Re: Refinance 7/1 ARM mortgage

I took out a mortgage for a house I bought last year (jumbo loan) in bay area, CA. My current interest is 3.625% for 7/1 ARM. I am looking at options to refinance and I am offered 3.375% (APR 3.875%) for 7/1 ARM, 3.875% for 30 year fixed (APR 3.923%). That looks like a lot of fees on the 7/1 ARM qu...
by TropikThunder
Sun Sep 01, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

dm200 wrote:
Sun Sep 01, 2019 2:51 pm
To avoid this, why not just deposit the check into your own account?
OP gave a detailed explanation as to why he went to the issuing bank already .....
by TropikThunder
Sun Sep 01, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Value of mis-claiming Child on Taxes?
Replies: 15
Views: 1702

Re: Value of mis-claiming Child on Taxes?

received rejection from e-file which led to this issue... agreed that the amended return is probably fastest. when I read the dispute resolution I conflated that with the amendment action. Amendment should be fast, "tie breaker" takes 8-12 weeks but no reason to do that since we're on good terms. T...
by TropikThunder
Sun Sep 01, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

Banks protecting themselves and their customers – sure, I understand that. But how is this a protection? If it truly somehow is a protection, that means they have to compare the fingerprint to some sort of a national police database. Somehow I doubt that is what they are doing. I think you’re missi...
by TropikThunder
Sun Sep 01, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance 7/1 ARM mortgage
Replies: 26
Views: 2168

Re: Refinance 7/1 ARM mortgage

I took out a mortgage for a house I bought last year (jumbo loan) in bay area, CA. My current interest is 3.625% for 7/1 ARM. I am looking at options to refinance and I am offered 3.375% (APR 3.875%) for 7/1 ARM, 3.875% for 30 year fixed (APR 3.923%). That looks like a lot of fees on the 7/1 ARM qu...
by TropikThunder
Sat Aug 31, 2019 5:06 pm
Forum: Investing - Theory, News & General
Topic: Why does ETF not track the Admiral Mutual Fund?
Replies: 11
Views: 760

Re: Why does ETF not track the Admiral Mutual Fund?

I might be mistaken on this, but I thought with most bond mutual funds you accumulated a claim on the interest coupon to be paid out at the end of the month but prorated daily based on how long you owned it. Whereas with an ETF it's up to the market to price the monthly accumulated interest in to t...
by TropikThunder
Sat Aug 31, 2019 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Banks requiring fingerprint on a check for non-customers to receive cash
Replies: 87
Views: 5445

Re: Banks requiring fingerprint on a check for non-customers to receive cash

joe8d wrote:
Fri Aug 30, 2019 9:36 pm
Required mainly in inner city banks.
How would you know this?
by TropikThunder
Thu Aug 29, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 20
Views: 1368

Re: HSA family contribution

If this article is still accurate, it appears the insurance companies assign primary and secondary based on the parents' birthdays: the parent with the earlier birthday in the year (month and date only) is primary. https://www.insure.com/health-insurance/birthday-rule.html Learn something new on BH...
by TropikThunder
Thu Aug 29, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 20
Views: 1368

Re: HSA family contribution

Thanks spiritrider, Tropikthunder stated that the “+1” could also be covered under my policy. Last I heard a dependent (child) cannot be covered by multiple policies, in this case an HDHP from my wife and a non-HDHP under myself? Please elaborate. SpiritRider already asnwered this, but I found an i...
by TropikThunder
Thu Aug 29, 2019 6:55 pm
Forum: Personal Investments
Topic: Thoughts on VIG
Replies: 7
Views: 521

Re: Thoughts on VIG

According to portfolio visualizer AQR factor regression, VIG has higher loading of the Quality factor than Vanguard Quality Factor ETF! And with half the expense ratio. Though the Quality Factor ETF is quite new and that might be the reason we see this. https://i.imgur.com/QfmFKrw.png VIG is a low ...
by TropikThunder
Thu Aug 29, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 20
Views: 1368

Re: HSA family contribution

Thanks All. In summary, my spouse could be the only one covered by the high deductible plan (kids+me covered by my non-high deductible plan) and my spouse could still contribute the FAMILY amount ($7k) to the HSA? If yes, great news, thanks! No, that’s now what we said because that’s not what your ...
by TropikThunder
Thu Aug 29, 2019 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Origination Fees (Points) Removed Via Lender Credit - Is that good? Bad? Neutral?
Replies: 20
Views: 741

Re: Origination Fees (Points) Removed Via Lender Credit - Is that good? Bad? Neutral?

Is there a catch somewhere with Lenderfi?!? I just ran my numbers and their anonymous quote page is giving me 3.375% (3.386% APR) with $2,000 total closing costs ($0 admin fee, $950 lender credit, appraisal, settlement, recording, tax, flood, title insurance, and pre-paids for taxes, interest, and ...
by TropikThunder
Wed Aug 28, 2019 10:22 pm
Forum: Personal Investments
Topic: Nitty gritty... VTI total stock market versus VFIAX s and p 500 indexes in an after tax
Replies: 7
Views: 763

Re: Nitty gritty... VTI total stock market versus VFIAX s and p 500 indexes in an after tax

I’m not trying to predict the future. I’m just curious if others out there have faced this minuscule conundrum. I like BH simplicity so I’m just curious. Which is better stock play for probability of gain and mitigation of taxes. Also if anyone wants to comment on etf versus mutual fund. I only kno...
by TropikThunder
Wed Aug 28, 2019 10:03 pm
Forum: Investing - Theory, News & General
Topic: Bond Investors Making A Killing
Replies: 85
Views: 8803

Re: Bond Investors Making A Killing

And just for fun because... I don't want to get too far into this because IMHO it's not a "normal" fund, EDV, the Vanguard Extended Duration Treasury ETF, is in yellow. You joker! Stop kidding around: of course EDV is a normal fund. That's like saying the Acura NSX isn't a "normal" car just because...
by TropikThunder
Wed Aug 28, 2019 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Origination Fees (Points) Removed Via Lender Credit - Is that good? Bad? Neutral?
Replies: 20
Views: 741

Re: Origination Fees (Points) Removed Via Lender Credit - Is that good? Bad? Neutral?

Try aimloan.com, lenderfi.com, better.com. For me, all were far better than quicken, regular banks, etc. Local credit unions can sometimes beat them all so it’s worth checking. I ended up negotiating a reduction to 3.5% with a $500 credit and no BS charges. I would start with Lenderfi next time, fo...
by TropikThunder
Tue Aug 27, 2019 7:21 pm
Forum: Investing - Theory, News & General
Topic: Do bond yields fluctuate after purchase?
Replies: 18
Views: 801

Re: Do bond yields fluctuate after purchase?

The yield does not change. Since the yield of your bonds is constant, the value of the bond increases or decreases as yields change in the market. Yes it does. The coupon rate does not change, as that's contractual. But the yield is simply coupon rate divided by bond price, so as the bond price flu...
by TropikThunder
Tue Aug 27, 2019 6:24 pm
Forum: Investing - Theory, News & General
Topic: Do bond yields fluctuate after purchase?
Replies: 18
Views: 801

Re: Do bond yields fluctuate after purchase?

The yield does not change. Since the yield of your bonds is constant, the value of the bond increases or decreases as yields change in the market. Yes it does. The coupon rate does not change, as that's contractual. But the yield is simply coupon rate divided by bond price, so as the bond price flu...
by TropikThunder
Tue Aug 27, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 20
Views: 1368

Re: HSA family contribution

One additional complication is if the additional person has other coverage that has an general purpose healthcare FSA they can not contribute or else likely makes both persons HSA ineligible if that FSA could cover the other person. Good point. By default, a general purpose FSA is available for use...
by TropikThunder
Tue Aug 27, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: paying off 15 year vs 30 year fixed rate mortgage
Replies: 53
Views: 3501

Re: paying off 15 year vs 30 year fixed rate mortgage

Monster99 wrote:
Tue Aug 27, 2019 3:05 pm
Being debt free is a great feeling - having a paid off house is very liberating in retirement....
That’s a fine sentiment but it doesn’t address the OP’s question at all.
by TropikThunder
Tue Aug 27, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 20
Views: 1368

Re: HSA family contribution

Yes, that's correct. No it’s not. The +1 (or more) that makes it a family plan can have other coverage, but they wouldn’t be eligible to find an HSA themselves. For example, if I have an HSA-eligible plan through work and add my spouse, then I have a family plan and can contribute up to the family ...
by TropikThunder
Tue Aug 27, 2019 11:52 am
Forum: Personal Investments
Topic: VFFVX versus VTI.
Replies: 2
Views: 251

Re: VFFVX versus VTI.

I currently own $9500 worth of VFFVX(vanguard target retirement fund 2055) shares in my vanguard Roth IRA. I started investing in it since 01/2017. I have only earned $315 in interest thus far and am somewhat disappointed with the performance, I was expecting a higher rate of return. My question is...