Search found 4439 matches

by mega317
Sat Sep 19, 2020 11:06 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 101
Views: 5011

Re: Is Costco worth the $120 membership?

The fresh salmon is usually 6-7 dollars a pound less at Costco than our grocery stores. That’s 10 pounds to cover the membership fee and we probably get there in 2 months.
by mega317
Sat Sep 19, 2020 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Doctor disclosure and consent
Replies: 33
Views: 2104

Re: Doctor disclosure and consent

we weren't responsible for what their insurance would pay for, we were responsible for recommending and providing the best treatment. If the patient had an insurance concern, it was up to them to bring it up before agreeing to treatment, not on us to know their plan for them. +1. Obviously health c...
by mega317
Sat Sep 19, 2020 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Doctor disclosure and consent
Replies: 33
Views: 2104

Re: Doctor disclosure and consent

What is a tele visit for?

The doctor may have no idea about any of this. Who runs the office?
by mega317
Fri Sep 18, 2020 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Just did a no-cost refinance @2.75% 30-yr
Replies: 18
Views: 2334

Re: Just did a no-cost refinance @2.75% 30-yr

So wait you didn’t do the refi you just have a rate lock? Shop it around
by mega317
Thu Sep 17, 2020 10:50 pm
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 122
Views: 17676

Re: Your "at peace" moments.

mega317 wrote: Mon Jul 31, 2017 12:38 pm Hiking a quiet trail with the dog.

But yes, a still 2-year-old probably wins.
Funny to revive this thread, now I have a different 2 year old and it's even more true.
by mega317
Thu Sep 17, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Any IPS changes with the pandemic/lower rates
Replies: 12
Views: 517

Re: Any IPS changes with the pandemic/lower rates

Your earning potential and stocks are likely with inflation protection if you’re young but I don’t really see harm in your plan.
by mega317
Thu Sep 17, 2020 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

It doesn't sound right that your prepaid interest starts on closing day rather than disbursement date. I have this situation as well. I don’t even have a final funding date. I figured this was the best offer I had by far, even if they screw me on the interest it’s still a better offer and extends t...
by mega317
Thu Sep 17, 2020 11:03 am
Forum: Investing - Theory, News & General
Topic: Any IPS changes with the pandemic/lower rates
Replies: 12
Views: 517

Re: Any IPS changes with the pandemic/lower rates

It’s not entirely clear from your post what your portfolio is currently. Moving 6% from stock to anything at all won’t really matter. Shifting from 12% to 30% bonds is a bigger but I don’t think that’s what you’re saying? My IPS was written with the understanding that things change and guano happens...
by mega317
Thu Sep 17, 2020 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What one Book to read about personal finance?
Replies: 40
Views: 2403

Re: What one Book to read about personal finance?

I certainly haven’t read them all but I liked automatic millionaire. Quick read, focuses on savings which is IMO much more important to learn, internalize, and practice before worrying about investing. Also I don’t really believe you can “get someone” to do much of anything unless they already have ...
by mega317
Wed Sep 16, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: better vs lenderfi refi if all else equal
Replies: 10
Views: 603

Re: better vs lenderfi refi if all else equal

Yep for me LF was quick and responsive. That was in March though. I get the sense these things are fluid and depend on the specific people assigned to your file. There’s a long thread about lenderfi you can peruse for the most up to date experiences. LenderFi claims they will claw back any credits i...
by mega317
Wed Sep 16, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

Owning took 2 weeks after I signed before they disbursed. Now I wonder if I was still in underwriting during that time. My loan team disappeared and never communicated with me after I signed so it was really difficult to get updates about what was going on and when the loan would fund. I wonder if ...
by mega317
Tue Sep 15, 2020 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

I'm currently in the process with Owning. Applied on 9/1 and will be signing closing docs with the notary tonight. I've read some people mention that Owning will move forward with closing docs before the loan being approved by underwriting. Anyone want to share their experiences with that? Is there...
by mega317
Tue Sep 15, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

What would you do: Would you roll in payoff amount into new loan? Or bring cash to close? It’s about a $600 difference. I’m thinking I rather Just roll it in and keep the $600 In my pocket because $600 only raises my monthly payment by only $4-5 dollars. Am I thinking it correctly? Do you want to b...
by mega317
Mon Sep 14, 2020 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

We discussed a few days ago Owning.com signing closing docs before completing underwriting. I signed Thursday and it looks like the underwriters aren't happy with how my pay appears on the paystub. LO keeps saying it's fine, he's going to talk directly to the underwriter, but I wasn't left with a wa...
by mega317
Mon Sep 14, 2020 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

sunny_socal wrote: Mon Sep 14, 2020 11:01 am So here's my quote from better.com
This is better than I got from them AFTER sending another LE for 2.625% no cost. They sent back 2.75% with 2 points lol. 600k, 60% LTV, credit score 780.
by mega317
Mon Sep 14, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

dks05c wrote: Mon Sep 14, 2020 9:57 am Hi Guys, better option on 15 yr refi, 345K loan, LTV 60%?

2.125 w/ $1500 credit or
2.25 w/ $3700 credit
Take the credit. IMO not close. Like a 5 year break even.
by mega317
Sun Sep 13, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1133
Views: 101081

Re: My LenderFi refinance is going well

I closed late July, loan funded end of July. Closing docs said LenderFi intended to sell the loan but would service. Less than 2 weeks after funding, the loan and servicing was transfered to Wells Fargo (notified by email by LenderFi and by mail by Wells Fargo). My first payment was made via auto p...
by mega317
Sun Sep 13, 2020 12:10 am
Forum: Personal Consumer Issues
Topic: $3000 for COVID test!!!
Replies: 11
Views: 2158

Re: $3000 for COVID test!!!

Everyone who has ever used health care in America has some bad news for you
by mega317
Sat Sep 12, 2020 10:22 pm
Forum: Personal Investments
Topic: SDBA Worth the Hassle for S&P 500 Index
Replies: 8
Views: 359

Re: SDBA Worth the Hassle for S&P 500 Index

Agree with above but just wanted to add I use a self directed brokerage window in my 403b and it’s not a hassle at all.
by mega317
Sat Sep 12, 2020 9:16 pm
Forum: Personal Investments
Topic: Monthly surplus
Replies: 2
Views: 630

Re: Monthly surplus

Welcome. It sounds like you’re in a good spot. In order to get the best advice please consider editing your post according to the format linked in my signature.
by mega317
Sat Sep 12, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

better.com They MOVED DOWN a lot once I send them the estimate from LenderFi. Down by 0.125% in rate, and also INCREASED lender credits. I would venture that was around $5K worth of extra credits. Better came down from 3.5 to 2.6% when I sent them a competing offer. (Then that expired before I coul...
by mega317
Sat Sep 12, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

We are in the beginning refi stages with LC and completed initial disclosures and sent in the required documents. We pay off our 2 credit cards in full every month from prior month charges(gas/food/bills/etc)...usually $2-3k balances. Is this going to be a problem if they see large payoffs on a sta...
by mega317
Fri Sep 11, 2020 4:28 pm
Forum: Personal Investments
Topic: Wash sale concerns with multiple accounts
Replies: 11
Views: 452

Re: Wash sale concerns with multiple accounts

livesoft wrote: Fri Sep 11, 2020 4:18 pm
mega317 wrote: Fri Sep 11, 2020 4:16 pmAs long as we're on the subject, not everyone agrees with this. We don't know the opinion of the only people whose opinion matters.
WARNING: Rabbit hole approaching!
Throwing up the alex_686 bat signal. The OP can also search prior threads and become even more confused and concerned.
by mega317
Fri Sep 11, 2020 4:24 pm
Forum: Personal Investments
Topic: Creating a DIY savings account with an investment account
Replies: 27
Views: 1871

Re: Creating a DIY savings account with an investment account

There is a lot unsaid in your post such as what is the purpose of the money? How do you define bulletproof? The SEC yield on VGSH is 0.11% so it's kind of hard to look past that to the rest of your idea when it's 84% of your proposal. Why do you prefer a non-guaranteed 0.11% to a guaranteed 0.9%? Th...
by mega317
Fri Sep 11, 2020 4:16 pm
Forum: Personal Investments
Topic: Wash sale concerns with multiple accounts
Replies: 11
Views: 452

Re: Wash sale concerns with multiple accounts

livesoft wrote: Fri Sep 11, 2020 3:29 pm Similar and OK:
VTI Vanguard Total Stock Market Index ETF is similar to ITOT iShares S&P Total US Stock Market ETF
As long as we're on the subject, not everyone agrees with this. We don't know the opinion of the only people whose opinion matters.
by mega317
Fri Sep 11, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: Tax optimization strategy
Replies: 24
Views: 1573

Re: Tax avoidance strategy

livesoft wrote: Fri Sep 11, 2020 3:54 pm Sure, it happens (March 2020, March 2009, March 2000) which is why I put "almost" in the previous sentence.
I will be linking this post in support of the OP of the first February topic about going to cash.
by mega317
Fri Sep 11, 2020 11:17 am
Forum: Investing - Theory, News & General
Topic: Rollover into TSP when no longer in gov't
Replies: 3
Views: 375

Re: Rollover into TSP when no longer in gov't

This from the TSP website
Once you leave the federal government, you’ll no longer be able to make employee contributions. However, you can still change your investment mix, transfer eligible money into your account, and enjoy our low costs—all while your account continues to accrue earnings.
by mega317
Fri Sep 11, 2020 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

Loan: 382k with 75% LTV in IL @ 3.875% Better (locked): 30 fixed, A+B+C+E = $1600, no appraisal 1. 2.875% w/ $1100 credit. total closing = $500 cost 2. 3.000% w/ $2900 credit. total closing = $1300 credit (does this go into escrow?) LenderFi: 30 fixed, A+B+C+E = $1300, no appraisal 1. 2.750% w/ $80...
by mega317
Fri Sep 11, 2020 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

:?: Regarding Owning: I was also told today they are no longer offering no cost. Advertised rates on their site went down but it’s apples to oranges. I did just sign closing docs with them today but have not wired money—they don’t have the final payoff number. Also I was discussing issues with my d...
by mega317
Fri Sep 11, 2020 12:09 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

Regarding Owning: I was also told today they are no longer offering no cost. Advertised rates on their site went down but it’s apples to oranges. I did just sign closing docs with them today but have not wired money—they don’t have the final payoff number. Also I was discussing issues with my docume...
by mega317
Thu Sep 10, 2020 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 6764
Views: 447934

Re: Refinance Mega Thread

I’m supposed to close with Owning today, I see rates have dropped on their site. I can’t get ahold of my LO, any experience floating down with them?
by mega317
Wed Sep 09, 2020 4:25 pm
Forum: Investing - Theory, News & General
Topic: Buying covid hit stocks
Replies: 30
Views: 1754

Re: Buying covid hit stocks

I don't really follow individual stocks or sectors but if one believes one can just reason out winning stock picks in the way you have, then it seems airlines (if they are still way down right now, I don't even know) are the surest to come back right? Many people who can live without cruises can't o...
by mega317
Tue Sep 08, 2020 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund Question
Replies: 11
Views: 935

Re: Emergency Fund Question

The reality is it doesn’t matter a lick. We’re talking about very small yields and small differences among the options. I would load up I bonds and leave the rest in savings. You can also get some pretty good bonuses with that amount if you want to move it around.
by mega317
Mon Sep 07, 2020 9:50 pm
Forum: Personal Consumer Issues
Topic: Help me choose 2 audible books!
Replies: 32
Views: 1478

Re: Help me choose 2 audible books!

Narrator: I have enjoyed Scott Brick. I don't know if it's actually him or I just happen to like the books. I listened to the Great Influenza and Dead Wake.
by mega317
Mon Sep 07, 2020 3:48 pm
Forum: Investing - Theory, News & General
Topic: Why should I be investing in a down or downing market for retirement?
Replies: 37
Views: 3095

Re: Why should I be investing in a down or downing market for retirement?

if you are a retiree like my fathre buying 'low' means waiting for a down market to buy. he doesn't have 30 years to recover and needs that money for retimrent This is a terrible idea. Looking past the fact that "low" and "down market" are useless concepts, what happens if after the decided buying ...
by mega317
Mon Sep 07, 2020 3:18 pm
Forum: Personal Investments
Topic: Fund selection in 401k
Replies: 2
Views: 136

Re: Fund selection in 401k

^way more information needed.

There is likely no reason not to roll the old money into this new plan if allowed since the choices are good. I guess if the old plan has better bond options.

Ok forget that just more information needed.
by mega317
Mon Sep 07, 2020 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel Husband's Term Insurance?
Replies: 41
Views: 3252

Re: Should I Cancel Husband's Term Insurance?

I can't see how $2400 a year makes a difference. Your portfolio moves more than that every day in the market. Reasons not to cancel: Until this paragraph is blank I just don't get it. OP you have a ton of money but also a big mortgage so actually not a very high net worth in proportion. You are the ...
by mega317
Mon Sep 07, 2020 2:03 pm
Forum: Personal Investments
Topic: I am buying $2000 VFIAX everyday. Am I in trouble
Replies: 36
Views: 5634

Re: I am buying $2000 VFIAX everyday. Am I in trouble

Yesterday the OP was worried that a PC to run flight simulator would be too expensive.
by mega317
Mon Sep 07, 2020 1:52 pm
Forum: Personal Investments
Topic: Using ROTH IRA funds for home costs
Replies: 21
Views: 569

Re: Using ROTH IRA funds for home costs

Can you roll in the closing costs? I'd rather borrow that at ~3% than lose Roth space.
Are you sure you can't come up with 10k now but will be able to within 60 days?
If you have surprise costs in the future you can figure out at that time--don't take out Roth money "just in case".
by mega317
Sun Sep 06, 2020 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Cancel Husband's Term Insurance?
Replies: 41
Views: 3252

Re: Should I Cancel Husband's Term Insurance?

If you've accumulated enough by ~40 to no longer need a 3MM policy then $200/mo isn't that big a deal to you, and I'd keep it until you are absolutely certain you don't need it. Like so certain that you don't put the word "probably" in your post, and in fact you don't even post at all because you do...
by mega317
Sun Sep 06, 2020 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Are there any different financial considerations/rules for a childless couple?
Replies: 95
Views: 9138

Re: Are there any different financial considerations/rules for a childless couple?

(Disclaimer, I do not fit the profile you requested--I'm not retired and I do have kids.) You mentioned housing twice in your post. Are you asking about rules of thumb? Like the common rule of thumb of mortgage 3x income, could you stretch that? I think the answer is yes, but rules of thumb are so i...
by mega317
Sun Sep 06, 2020 9:37 pm
Forum: Personal Investments
Topic: Lump Sum Vs Dollar Cost Average
Replies: 19
Views: 1392

Re: Lump Sum Vs Dollar Cost Average

How long have you had this half a million laying around? Because if you had it in March I bet you're feeling pretty bad right now. On the other hand, the sucker who lump summed half a mil at the peak in February has more money than you right now. I guess your post doesn't say that you weren't fully ...
by mega317
Sun Sep 06, 2020 9:32 pm
Forum: Personal Investments
Topic: Am I missing something?
Replies: 15
Views: 2196

Re: Am I missing something?

A 32 year old doctor making 130k with that amount saved and no debt outside the mortgage is rocking it. But if you've been working for 10 years and never had massive student loans then not so much. So yeah, need more info.
Spousal Roth?
Refinance again?
Do you have access to HSA?
by mega317
Sun Sep 06, 2020 4:42 pm
Forum: Personal Investments
Topic: Introduction, TLH, and Roth Questions
Replies: 7
Views: 415

Re: Introduction, TLH, and Roth Questions

Unless you time it perfectly, what happens when you TLH VTSAX to VFIAX in taxable, then the market drops more and you want to TLH again? The VFIAX in Roth will still trip you up. I find it simpler to just buy the funds you want to own in the accounts you want to own them, and figure out each individ...
by mega317
Sun Sep 06, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I be aggressively paying down mortgage to ditch PMI instead of investing in taxable account?
Replies: 24
Views: 1728

Re: Should I be aggressively paying down mortgage to ditch PMI instead of investing in taxable account?

I can't give you a mathematical formula but I would. Another consideration is when you get I think below 80% you have a better chance to refinance and 4% is sounding pretty high these days.
by mega317
Sun Sep 06, 2020 8:28 am
Forum: Personal Finance (Not Investing)
Topic: What Method of paying cash for car: EFT vs check?
Replies: 31
Views: 1779

Re: What Method of paying cash for car: ECF vs check?

Last time I bought a car cash #3 was the only option they would take. You might call them and ask what you’re your actual options are. Another nice thing about 3 if you’re negotiating is to walk in to the dealer with a cashiers check made out in whatever amount you’re willing to pay. If it’s reasona...
by mega317
Sat Sep 05, 2020 3:03 pm
Forum: Personal Investments
Topic: Advice for starting on investment journey
Replies: 6
Views: 385

Re: Advice for starting on investment journey

1. I won't assume anything about your life but be sure you are ready to buy a house. If you plan to have a family or potentially move to a different area it might not be the best time to buy. Leave it in cash. 2. The question of "what funds" is the last question to ask and the answer will follow nat...
by mega317
Sat Sep 05, 2020 2:49 pm
Forum: Investing - Theory, News & General
Topic: Why should I be investing in a down or downing market for retirement?
Replies: 37
Views: 3095

Re: Why should I be investing in a down or downing market for retirement?

buy low, sell high. Its pretty much the most basic principle of investing. It's not a principle, more like a platitude. How do you propose one execute that strategy? Buy and hold is what you're looking for and it can be understood and practiced by anyone with even the most basic knowledge of invest...