Search found 172 matches

by amindu
Fri Mar 05, 2021 11:10 am
Forum: Investing - Theory, News & General
Topic: Vix and market timing
Replies: 19
Views: 1141

Re: Vix and market timing

what are you hoping to learn exactly by stock jobbing? The common advice here is you can have up to 5% in outside investments, and the whole movement behind GME/AMC was the bounce after a stock had been excessively shorted to over 100% of available shares, and that eventually those that are shortin...
by amindu
Fri Mar 05, 2021 11:01 am
Forum: Investing - Theory, News & General
Topic: Vix and market timing
Replies: 19
Views: 1141

Re: Vix and market timing

Thanks, why is it then some think that they can successfully time the market, and how do you show them the error in their judgement/thinking so that they are not harming themselves of potential returns in the long run? There has been a lot of research done on behavioral biases that we have, these a...
by amindu
Fri Mar 05, 2021 10:40 am
Forum: Investing - Theory, News & General
Topic: Vix and market timing
Replies: 19
Views: 1141

Re: Vix and market timing

Thanks, why is it then some think that they can successfully time the market, and how do you show them the error in their judgement/thinking so that they are not harming themselves of potential returns in the long run? Are you sure he's interested in rational, fact based investing advice? If he's i...
by amindu
Fri Mar 05, 2021 10:21 am
Forum: Investing - Theory, News & General
Topic: Vix and market timing
Replies: 19
Views: 1141

Re: Vix and market timing

Thanks, why is it then some think that they can successfully time the market, and how do you show them the error in their judgement/thinking so that they are not harming themselves of potential returns in the long run? Are you sure he's interested in rational, fact based investing advice? If he's i...
by amindu
Fri Mar 05, 2021 9:30 am
Forum: Investing - Theory, News & General
Topic: Vix and market timing
Replies: 19
Views: 1141

Re: Vix and market timing

Thanks, why is it then some think that they can successfully time the market, and how do you show them the error in their judgement/thinking so that they are not harming themselves of potential returns in the long run?
by amindu
Thu Mar 04, 2021 11:10 pm
Forum: Investing - Theory, News & General
Topic: Vix and market timing
Replies: 19
Views: 1141

Vix and market timing

Hello All I am hoping someone can help explain a few concepts to me and set things straight. My sibling has gone to 75% cash following the 30% tick in VIX and when i brought up that market timing doesn't work and you don't know when to enter the claim is that entering the market is easy based on VIX...
by amindu
Mon Feb 22, 2021 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is a Lexus RX 350 big enough for a family of 3?
Replies: 48
Views: 2981

Re: Is a Lexus RX 350 big enough for a family of 3?

Hello Bogleheads, My wife and i are currently leasing a Jeep Grand Cherokee Limited. There is one more year on the lease at which time we could buy it for the residual value of $28,000. It has been a fine vehicle for us but i am concerned about the long term reliability and maintenance costs. I lik...
by amindu
Thu Dec 24, 2020 8:58 pm
Forum: Personal Investments
Topic: High Income Earner But Nervous with Baby Coming! Advice Please!
Replies: 26
Views: 2404

Re: High Income Earner But Nervous with Baby Coming! Advice Please!

First and foremost thanks to the mods and folks hosting a forum that I feel like I have been in search of for some time! I am looking for advice so here it goes!!! First time post so please take it easy on me! Current Wife and I are 37 and from major metro area in West Coast. We have been so lucky ...
by amindu
Thu Dec 24, 2020 9:20 am
Forum: Personal Investments
Topic: A Good Day to Buy (VTSAX)?
Replies: 21
Views: 3339

Re: A Good Day to Buy (VTSAX)?

[quote=amindu post_id=5680533 time=<a href="tel:1608785088">1608785088</a> user_id=111678] What is the point of this are you buying shares cheaper or getting a dividend you wouldn’t otherwise get so you are better off? A stock dividend doesn't change your total return - the share price go...
by amindu
Wed Dec 23, 2020 11:44 pm
Forum: Personal Investments
Topic: A Good Day to Buy (VTSAX)?
Replies: 21
Views: 3339

Re: A Good Day to Buy (VTSAX)?

What is the point of this are you buying shares cheaper or getting a dividend you wouldn’t otherwise get so you are better off?
by amindu
Tue Dec 08, 2020 10:37 pm
Forum: Personal Consumer Issues
Topic: Tips for buying a luxury SUV
Replies: 8
Views: 1257

Re: Tips for buying a luxury SUV

I am looking to buy a luxury brand SUV sometime over the next 12 months. I am not in a rush. I haven't settled on a particular brand and usually rely on Consumer Reports to help me choose. For my last car purchase, I used the Costco program and was very happy with it. Is there an optimal time of th...
by amindu
Mon Dec 07, 2020 11:27 am
Forum: Personal Consumer Issues
Topic: Need 2nd car for baby?
Replies: 42
Views: 2387

Re: Need 2nd car for baby?

Thanks for your past help! We are expecting our first child this spring. We have a single car for both of us and have shared it. Pre COVID, DW and I worked fairly close by with pricey parking so car pooled. Post-COVID, DW is fully work from home and I expect will remain so until everyone else is ba...
by amindu
Fri Dec 04, 2020 12:21 am
Forum: Personal Consumer Issues
Topic: Buy a used car or brand new
Replies: 73
Views: 4843

Re: Buy a used car or brand new

I realize you are looking for a BMW/Benz - I bought a CPO 2013 X5 in 2015 and paid 35% less for it however I have had a good amount of issues that thankfully the warranty covered. They have changed the CPO program you may want to look at it. Also be prepared to fork out money every year for somethin...
by amindu
Thu Oct 29, 2020 8:11 pm
Forum: Personal Consumer Issues
Topic: HVAC quotes (Replace both or just one unit??)
Replies: 37
Views: 2158

Re: HVAC quotes (Replace both or just one unit??)

Just for reference and I know we are in different metropolitan areas so pricing will be different. However I just replaced my parents Furnace, AC, Coils, Plenum, Nest thermostat (and the other stuff that is standard like float switch, amp upgrade, condenser pad etc) With a 4 Ton Carrier unit for $5...
by amindu
Thu Oct 29, 2020 6:17 pm
Forum: Personal Consumer Issues
Topic: HVAC quotes (Replace both or just one unit??)
Replies: 37
Views: 2158

Re: HVAC quotes (Replace both or just one unit??)

Just for reference and I know we are in different metropolitan areas so pricing will be different. However I just replaced my parents Furnace, AC, Coils, Plenum, Nest thermostat (and the other stuff that is standard like float switch, amp upgrade, condenser pad etc) With a 4 Ton Carrier unit for $5,...
by amindu
Sat Oct 24, 2020 10:59 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendation
Replies: 52
Views: 3226

Re: Luxury car recommendation

Lexus LC500
by amindu
Sat Oct 24, 2020 9:42 pm
Forum: Personal Consumer Issues
Topic: Affordable photo storage options for older, frugal, and non-tech-savvy people
Replies: 39
Views: 2521

Re: Affordable photo storage options for older, frugal, and non-tech-savvy people

What are some good and affordable photo storage options for older, frugal, and non-tech-savvy people? This is for the grandparents. They have like a million photos of grandkids on their phone (iPhone), and now they have maxed out the space on their phones. Preferably looking for something where the...
by amindu
Wed Aug 26, 2020 1:48 pm
Forum: Personal Consumer Issues
Topic: Spectrum raises prices once again
Replies: 18
Views: 2087

Re: Spectrum raises prices once again

We got an antenna and TIVO OTA recorder (1 time fee lifetime subscription). We get a great guide with TIVO and all the recordings we want. Going on our 4th year, each room where we want to access the recordings has a TiVo mini. We also get just the internet from Spectrum, and don't have to mess with...
by amindu
Mon Aug 10, 2020 5:28 pm
Forum: Personal Consumer Issues
Topic: What price range for Daughter's first car?
Replies: 122
Views: 5953

Re: What price range for Daughter's first car?

I would add CX-5, Rogue, Tuscon to that list. As well as would advise getting something that is no more than 3-5 years old. Safety technology has come a long way and to get a car over 10 years you would be giving up some of those advances. If she gets something that is fairly new it will also last h...
by amindu
Thu Jun 25, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Question - Reloc to TX
Replies: 105
Views: 8331

Re: Question - Reloc to TX

Where is your job and what areas are you considering to live? Job is in Frisco, TX and I am looking to perhaps stay in Plano or McKinney. Do you own a home in CA now? If so, you may find your property taxes actually lower in TX. It is premature to discuss what you will do after you get to TX. Sure,...
by amindu
Tue Jun 16, 2020 9:56 pm
Forum: Personal Consumer Issues
Topic: Advice on Buying a Certified Pre-Owned BMW
Replies: 53
Views: 4537

Re: Advice on Buying a Certified Pre-Owned BMW

I am going to buy my daughter a Certified Pre-Owned BMW 320i. It looks like I can get one with about 20,000 miles for about $20,000. I haven't bought a used car in several decades. Does anyone have any advice on things I should be looking for? Like should I buy an extended warranty? Should I have t...
by amindu
Mon Jun 08, 2020 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Better.com not waiving appraisal
Replies: 6
Views: 928

Re: Better.com not waiving appraisal

I'm confused as to why better.com says they have to do an "exterior appraisal". All the lenders I shopped with said they would waive the appraisal due to my LTV. I bought the house 4 1/2 years ago. Its worth $365,000 and I owe $222,000. Better says they have to follow Fannie Mae's guideli...
by amindu
Sat May 30, 2020 11:22 am
Forum: Personal Finance (Not Investing)
Topic: The risks of using account aggregators (how they access your accounts).
Replies: 34
Views: 3027

Re: The risks of using account aggregators (how they access your accounts).

Is the fidelity full view the same as an account aggregator or does it have some additional security layers?
by amindu
Mon May 18, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Question for all can you walk away from a refinance? I am supposed to close today however the rate that I can currently get on a 30 year is 0.375% less than what I locked in at. I will see if my loan officer can match but don’t have a LE yet from the new bank. Thanks
by amindu
Mon May 18, 2020 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

I just called and was advised that you do have to be a member in order to apply. Huh. That's not what they told me in an email. Strange, i got the feeling that not everyone there was on top of things. The first time i called the lady did not know anything it was her first day, called back half hour...
by amindu
Mon May 18, 2020 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

If anyone needs some jaw dropping rates to pricematch to. Check out these. The credit union doesn't do jumbo loans though. 15y fixed super conforming was 2.25% 0 pts yesterday. https://www.bournscu.coop/loans-and-credit-cards/consumber-loan-rates-copy Is there a catch with these rates? They seem a ...
by amindu
Wed May 13, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

I just wanted to share an amazing rate I just locked. Apparently UWM has new insane pricing.. I just locked in a 30 year conventional loan for 2.875% . And its better than no cost - covering all costs plus also $1,000 of my escrow payment . This is in AZ. I would suggest finding a broker that works...
by amindu
Wed May 13, 2020 10:42 am
Forum: Personal Investments
Topic: Cash out refi to invest 100k
Replies: 40
Views: 4186

Re: Cash out refi to invest 100k

I don't mean to hijack but what if the OP had a 20 year horizon, and could refi to a 3% rate. Would they not be better off if they invested that amount with even a moderate 6% return would still come out ahead? Thanks.
by amindu
Sat May 09, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Team, First time posting here, need help in choosing one of the 3 options provided by Better for refinance, recent home buyer and first time refinancing so confused which option to choose? LTV - 93% Credit score - 780 current Interest - 3.99% current PMI- 67 Remaining Months - 354 Loan balance - 32...
by amindu
Thu Apr 30, 2020 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Minor regret with a 15-year mortgage
Replies: 26
Views: 3071

Re: Minor regret with a 15-year mortgage

How old are you/spouse and your kids? Spouse and I are in our mid 30s, one kid is 1.5, another is 11. you are young and have atleast a 25 year horizon, i would refi to 30 and put the extra in the market. Then at 60 use some of what you have saved up to pay of the mortgage so you enter retirement wi...
by amindu
Thu Apr 30, 2020 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Minor regret with a 15-year mortgage
Replies: 26
Views: 3071

Re: Minor regret with a 15-year mortgage

You could probably refi to a 30 year no cost loan for the same if not better rate.
by amindu
Sat Apr 18, 2020 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Update to my post above. Pulled the trigger with LoanDepot. Options available. 15 year @ 2.5% 20/30 year @ 2.875%. 30 year @ 3.125% (LPMI) I am at 89% LTV so PMI was in play. I opted to give up .25% on a 30 to get LenderPMI. So, ended up with 3.125 @ 30. Crazy low fees. $558 total loan fees after $...
by amindu
Thu Apr 16, 2020 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

mw1739 wrote: Thu Apr 16, 2020 6:25 am Finally got a closing date scheduled with a local credit union. Took ~ 45 days to receive final approval even with an appraisal waiver.

2.875% 20 year cashout refi.
Cash to close only for prepaid escrow
Hi do you mind sharing which credit union? Thanks
by amindu
Fri Apr 03, 2020 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Re: Help decide between 15 or 30 year Refi

If you don't have any bonds, you have to decide whether it is worth borrowing money to buy more stock; you are trading the risk-free return from paying down debt for the risky return of the stock market. Whether this is a good or bad move depends on your risk tolerance. The fact that you are not ge...
by amindu
Fri Apr 03, 2020 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Re: Help decide between 15 or 30 year Refi

Thanks for the reply. Currently do not have any bonds as we are in our 30s. Would it not be appropriate to consider that on average the markets have returned at or more than 6% over a 20 year period, and thus we would come out ahead if investing in a total market index? I understand the comparison ...
by amindu
Fri Apr 03, 2020 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Re: Help decide between 15 or 30 year Refi

I am thinking of changing it to the 30 year however, Total Interest paid $90,611 30 year $36,897 15 year Return @ 6% 15 year - 5 year return at $1177 monthly contribution - $82K 30 year - 20 year return at monthly contribution of $440 - $200K The flip side is at the end of 20 years we still have a ...
by amindu
Thu Apr 02, 2020 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Re: Help decide between 15 or 30 year Refi

I am thinking of changing it to the 30 year however, Total Interest paid $90,611 30 year $36,897 15 year Return @ 6% 15 year - 5 year return at $1177 monthly contribution - $82K 30 year - 20 year return at monthly contribution of $440 - $200K The flip side is at the end of 20 years we still have a m...
by amindu
Wed Apr 01, 2020 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Re: Help decide between 15 or 30 year Refi

In any other time I would say 15 and be done with it. I may still say that if you don’t owe a ton compared to your income (not worth the hassle). But exactly right now I am having a hard time seeing long term inflation under 3%, and a 3% 30 year loan might not be a terrible idea. Just have it paid ...
by amindu
Wed Apr 01, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Re: Help decide between 15 or 30 year Refi

A few questions, 1) With the 15 year mortage would you be able to max out all of your tax advantaged accounts. 2) How many years until you plan on retiring? Hi - everything will still be maxed as the payment difference is like $40 between what we pay and the new loan amount. The additional will go ...
by amindu
Wed Apr 01, 2020 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Help decide between 15 or 30 year Refi
Replies: 11
Views: 875

Help decide between 15 or 30 year Refi

Hello all, i am in the process of refinancing my mortgage and locked in a few weeks ago. I was able to secure a 15 year fixed at 2.625% with a lender credit of 3/4%. I can change that to a 30 year at 3% with a 1/2% lender credit. We are in the accumulation phase, and given what is going on in the ma...
by amindu
Thu Mar 26, 2020 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Hoping to tap the brain trust for some advice here. I have 25.5 years left on my $630k mortgage at 3.75. I am currently locked with LenderFi at 3.125/30 with 0 cost, with an expiration date of April 2. Chase currently holds the note and services the loan. (I've been extremely happy with them--great...
by amindu
Tue Mar 17, 2020 10:16 am
Forum: Investing - Theory, News & General
Topic: CNBC Contributor - Cash Out Refi and Invest
Replies: 19
Views: 1495

Re: CNBC Contributor - Cash Out Refi and Invest

Did they say which company to refi through? If you look at the rates they are all ~1% higher than the market rate. Of course you can't find anyone willing to give market rates today. I am actually in the middle of a refi but just a straight term, did not think about taking extra cash out of the hou...
by amindu
Mon Mar 16, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: CNBC Contributor - Cash Out Refi and Invest
Replies: 19
Views: 1495

CNBC Contributor - Cash Out Refi and Invest

A contributor on CNBC from one the Investment firms, made a comment to refinance your house and take cash out and put it in the market if you have a long term investment horizon. Is this sound advice? What if you take and extra $25-$50K out of your house, it does not need to be extremely large amoun...
by amindu
Thu Mar 12, 2020 4:03 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 455
Views: 307315

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

This thread is a reminder however am i naive to think that "this is different"? 2008 was a financial crisis, this is a health crisis that as of yet has no fix. They can drop interest rates all they want that won't give us a cure. So I ask those who have been through these downturns is this...
by amindu
Mon Mar 09, 2020 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Refi - with or without points?
Replies: 0
Views: 249

Refi - with or without points?

Am i thinking about this incorrectly, i can lock a 2.125% 15 year with 1% origination, or a 2.625% with a 3/4 credit (15 year). A lot of the lenders calculate the difference in payment, but would you not also consider the interest savings in your break even analysis? If you factor that in the break ...
by amindu
Mon Mar 09, 2020 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Is it worth paying 1% origination to get the 15 year fixed at 2.125%? A lot of lenders just calculate the difference in payment and figure out the break even point, wouldn't you also calculate the interest saved on the loan amount and factor that in to see when your savings/payments would equal out?
by amindu
Sun Mar 08, 2020 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Refinance Mega Thread
Replies: 23
Views: 2266

Re: Refinance Mega Thread

MattE wrote: Sun Mar 08, 2020 9:18 pm NASA Federal Credit Union 15 year fixed @ 2.375% with no points. Waiting to get a quote on final closing costs but looking like the $1-$2K range.
They seem to charge a 1% origination fee, is this on top of other lender closing costs such a credit, appraisal etc ?
by amindu
Thu Mar 05, 2020 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Anyone got a good rate in NV? I'm not finding anyone who can get anywhere near 3.25% no fee, let alone 3%. And today's rate is actually higher than yesterday. NV as in Nevada? If so OneNevada Credit Union by far the lowest rate and underwriting fees ($560). I locked in a 2.5 15 year with 1/8 credit...
by amindu
Wed Mar 04, 2020 11:49 pm
Forum: Personal Consumer Issues
Topic: Can't unfreeze Equifax
Replies: 5
Views: 1662

Re: Can't unfreeze Equifax

I need to temporarily unfreeze my Equifax security freeze. I attempted to logon to Equifax to enter my pin and temporarily unfreeze the account. Equifax requires my username which is my email and a password before I can get to the part where I enter the pin. - I entered the password, but they say t...
by amindu
Tue Mar 03, 2020 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10343
Views: 755326

Re: Refinance Mega Thread

Question for all, is it better to take a little higher rate to pay for lender costs/title costs in a refi or take the lowest rate with no points? I am seeing a 2.5% 15 year or a 2.625% 15 year with $1,080 credit, plus lender fees, title and insurance. Going from a 20 year 3.125%