Search found 122 matches

by Amphian
Wed Sep 05, 2018 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan payoff help
Replies: 19
Views: 1955

Re: Student loan payoff help

If you feel confident the $17.5K forgiveness will come through at the end of the 2018-2019 school year, then I would spend this year preparing. Find out everything you can about claiming the forgiveness so that you can do it at the earliest possible moment and get it applied to the loan account. Sav...
by Amphian
Wed Sep 05, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan payoff help
Replies: 19
Views: 1955

Re: Student loan payoff help

As for how to do it, just pick off those high-interest loans one at a time until they're done. Then go after the smaller ones. The problem is they can't payoff the loans directly - the lender won't allow extra principal payments. Take the $3004 loan. If they send a check for $3004 for that loan, th...
by Amphian
Wed Sep 05, 2018 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan payoff help
Replies: 19
Views: 1955

Re: Student loan payoff help

Unfortunately, not allowing people to make principal only payments is common. Even places that claim they will let you make principal only payments won't actually tell you how to make the principal only payments (Sallie Mae, Navient, etc.). I believe you are right that consolidating them all would n...
by Amphian
Wed Sep 05, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Zero free funds vs more diversified Fidelity index funds. Pay nothing or pay to get slightly more diversified?
Replies: 8
Views: 1363

Re: Fidelity Zero free funds vs more diversified Fidelity index funds. Pay nothing or pay to get slightly more diversifi

I think either of the Fidelity Funds are fine as they are both no fee to trade at Fidelity. Since this is a Roth, you can change your mind any time in the future with no tax implications or fees as long as you have held your choice for 60 days to avoid the short term trading fee. If you want to do V...
by Amphian
Wed Sep 05, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: MINT Software Or Other For Budgeting/Tracking
Replies: 20
Views: 1514

Re: MINT Software Or Other For Budgeting/Tracking

Beach wrote:
Wed Sep 05, 2018 4:23 pm
YNAB, but we have the old version and don't pay anything. Not sure I would pay for service now.
Ditto. I love the old, but the new is missing basic features - like being able to see more than one month at a time.
by Amphian
Wed Sep 05, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Direct has awesome phone support! Thanks!
Replies: 21
Views: 1896

Re: Treasury Direct has awesome phone support! Thanks!

I haven't used their phone support - just email. They got back to me with the right information within a day.
by Amphian
Tue Sep 04, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"
Replies: 52
Views: 5199

Re: "Safeguarding Your Wealth From The Effects Of Cognitive Decline"

The thought of cognitive decline becoming an issue keeps me up at night. SO what does one do when they don't have trusted family member to pick up the reins? I don't know - and I have the same question. My grandmother lived to 97 and would have been in bad shape without one of her four kids managin...
by Amphian
Fri Aug 31, 2018 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Best Checking Account?
Replies: 45
Views: 3098

Re: Best Checking Account?

Strange how nobody mentioned Discover. They are also an online bank - similar to Ally, and I have had no issues in using them. They also do free ATMs and offer savings accounts that offer competitive (1.8%) interest rates. But I did just look up Ally and learned that they are paying 0.6% APY for ke...
by Amphian
Thu Aug 30, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Zelle, online payments
Replies: 53
Views: 4598

Re: Zelle, online payments

UpperNwGuy wrote:
Thu Aug 30, 2018 3:53 pm
Why would anybody want their financial transactions to be public? Paying one's bills is not at all like tweeting one's opinions.
And, honestly, most people should think twice about tweeting their opinions.
by Amphian
Thu Aug 30, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How do you store financial account information with your estate plan?
Replies: 51
Views: 3410

Re: How do you store financial account information with your estate plan?

I'm actually pondering this for me right now. My documents are in a safe in my apartment (because I knew about the issue with bank deposit boxes), but I need to update the list of assets. I'm thinking about Fidelity's Fidsafe as an option.
by Amphian
Thu Aug 30, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4518

Re: Expense ratios and fees - Fidelity and flip flopping advice

I will admit Fidelity probably has some hidden costs you don't find with Vanguard. The trade-off is that Fidelity has excellent customer service. Their online site is easy to use. I would always get frustrated with Vanguard's site and trying to reach someone on the phone. My experience is that both...
by Amphian
Thu Aug 30, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Homeowners insurance - purchase online
Replies: 17
Views: 1351

Re: Homeowners insurance - purchase online

Purchased my homeowner's insurance from GEICO, which is actually a Liberty Mutual policy. It has the normal insurance coverages (my house is worth $150k), and I didn't care any of the extras you might get with any of the more expensive carriers. I've seen a lot of love for Amica, which I do not und...
by Amphian
Thu Aug 30, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: how to find 401k fees
Replies: 16
Views: 1517

Re: how to find 401k fees

Empower is the 401k company You have the same company as my last job used. Assuming it's a standard UI across companies... Once you get into your account, under account information you will find Transaction history. In there, choose your period to see all transactions and then click the Fees radio ...
by Amphian
Wed Aug 29, 2018 11:10 pm
Forum: Investing - Theory, News & General
Topic: Expense ratios and fees - Fidelity and flip flopping advice
Replies: 61
Views: 4518

Re: Expense ratios and fees - Fidelity and flip flopping advice

I don't want this to sound too critical, but by it's nature this board is populated with lots of folks who are dedicated to Vanguard. It's for good reason. However, I think it is easy for people who are dedicated to a particular "team" to play up what is best about their team, but when that statist...
by Amphian
Wed Aug 29, 2018 8:32 pm
Forum: Personal Consumer Issues
Topic: Homeowners insurance - purchase online
Replies: 17
Views: 1351

Re: Homeowners insurance - purchase online

I have renter's insurance, auto insurance, and an umbrella policy all bought online through Amica.
by Amphian
Wed Aug 29, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership
Replies: 35
Views: 3739

Re: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership

Buy new, drive until it's no longer cost effective. My current car (Saturn SL2) turns 19 years old next month. Be sure to also understand the safety trade offs. It appears that car does not have side airbags or ESC. The driver death rate for a 2002 is 108 which was high even back then. A proverbial...
by Amphian
Wed Aug 29, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership
Replies: 35
Views: 3739

Re: Car Depreciation Curve, Lifespan, Repairs, & Sweet Spot of Ownership

Buy new, drive until it's no longer cost effective. My current car (Saturn SL2) turns 19 years old next month. Last year I spent $2600 on gas, maintenance, repairs, and insurance, which is significantly more than usual, but some things finally wore out and needed replacing. (This year will be less t...
by Amphian
Wed Aug 29, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Well, that was an expensive lesson (FA related)
Replies: 19
Views: 2989

Re: Well, that was an expensive lesson (FA related)

If you want to have someone who works on a set fee for hours worked, you can hire a fee-only planner. I found one through Garrett that I used as a sanity check when setting up my accounts. She recommends meeting for a yearly review, but I haven't felt the need and she hasn't been pushy. She also had...
by Amphian
Wed Aug 29, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2 factor auth - No longer uses 'secret' questions
Replies: 7
Views: 1278

Re: Vanguard 2 factor auth - No longer uses 'secret' questions

We have nonsense answers to our questions that no one could guess. So do I. The problem with using the phone is that this adds a leverl of potential failure - could could stop working. You may say this is a ridiculous situation but it happened today when our phone provider was out for several hours...
by Amphian
Wed Aug 29, 2018 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Roll my rollover IRA into company 401K now?
Replies: 12
Views: 980

Re: Roll my rollover IRA into company 401K now?

In the 401K, you have a total stock and a bond for reasonable rates. Unless you have something in your IRA that isn't available for a reasonable rate in the 401K (international? small cap tilt? etc.) and can't get that anywhere else, then I don't see any reason not to do this.
by Amphian
Wed Aug 29, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: how to find 401k fees
Replies: 16
Views: 1517

Re: how to find 401k fees

Who manages your 401K?
by Amphian
Tue Aug 28, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Smarter personal finance software?
Replies: 14
Views: 1466

Re: Smarter personal finance software?

For those of you who use YNAB or other apps, is it worth the monthly fee? I've only read about them and not used any before--The NYT recd YNAB pretty enthusiastically. What is its real added value? I would really just use it to improve my savings. I still use YNAB4. I don't pay the fee.... which is...
by Amphian
Tue Aug 28, 2018 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

It's normal to have separate profiles between a 401k plan through an employer and retail accounts in your own name. You would have separate profiles if you have a 401k plan account and retail accounts at Vanguard as well. I don't have retail accounts in my own name at Fidelity, just the 401K and HS...
by Amphian
Mon Aug 27, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

It's normal to have separate profiles between a 401k plan through an employer and retail accounts in your own name. You would have separate profiles if you have a 401k plan account and retail accounts at Vanguard as well. I don't have retail accounts in my own name at Fidelity, just the 401K and HS...
by Amphian
Mon Aug 27, 2018 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

For those who are familiar with the Fidelity website - how do you see a list of all transactions for the year? It lets me set a custom range, but then tells me I can only look at 90 days at a time. That can't be right and I must be looking in the wrong place. (Portfolio -> Activity & Orders -> Hist...
by Amphian
Mon Aug 27, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

For those who are familiar with the Fidelity website - how do you see a list of all transactions for the year? It lets me set a custom range, but then tells me I can only look at 90 days at a time. That can't be right and I must be looking in the wrong place. (Portfolio -> Activity & Orders -> Histo...
by Amphian
Mon Aug 27, 2018 1:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2 factor auth - No longer uses 'secret' questions
Replies: 7
Views: 1278

Re: Vanguard 2 factor auth - No longer uses 'secret' questions

I believe it is more secure because someone could conceivably hack into your account and learn your secret question, or guess it, or know it from somewhere else (mother’s maiden name, etc), but to get your phone code they either need your phone or hack your sim, which is much more difficult. Be sur...
by Amphian
Mon Aug 27, 2018 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

Yes, and my point is that share class no longer matters on Fidelity for their index funds. If you wanted, you can also sort by minimum investment in the Fidelity search filters just like you can on Vanguard's website. The reason so many show up is that all share classes have the same minimum (none)...
by Amphian
Mon Aug 27, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

Every single broker's website has its own quirks, pros and cons. It takes me half an hour to find anything on Vanguard's site. Some basic functions on TDAmeritrade takes me 15 minutes to find (like how to transfer cash back to my checking account) but their site has far more information and abiliti...
by Amphian
Mon Aug 27, 2018 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Re: Fidelity Duplicate Funds Now That There Are No Minimums

This is a very recent change and eventually all share classes which merged to a single one starting in November, as stated by other posters. When that happens, should there be a post that the Vanguard website is too confusing for investors with its various share classes with varying minimum investm...
by Amphian
Sun Aug 26, 2018 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Duplicate Funds Now That There Are No Minimums
Replies: 33
Views: 2651

Fidelity Duplicate Funds Now That There Are No Minimums

Now that Fidelity has gone to zero minimums to invest in some mutual funds, I'm finding it a bit confusing as someone relatively new to Fidelity. (I have a 401K and HSA through my new employer.) For example, the small cap index funds FSSSX, FSSVX, FSSPX, and FSSNX all appear to be essentially the sa...
by Amphian
Sun Aug 26, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA Question
Replies: 9
Views: 603

Re: Backdoor Roth IRA Question

I did a backdoor roth for the 1st time in 2018. I opened a traditional Roth IRA at Fidelity A few days later, once the money transferred over to the Traditional IRA, I rolled over my 5500 contribution to my roth IRA at Fidelity. I was given the option to close the traditional IRA or keep it open. I...
by Amphian
Sat Aug 25, 2018 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Do I have to keep track of contributions?
Replies: 29
Views: 2158

Re: Do I have to keep track of contributions?

I think they solidified the rules if you wait a certain amount of time after contributing to the Traditional before converting to Roth. But it’s unclear what that period is 1 month, 1 year, or longer. And you can’t explicitly tell your tax preparer that you are doing a backdoor None of that is true...
by Amphian
Fri Aug 24, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: How to buy index funds?
Replies: 6
Views: 1093

Re: How to buy index funds?

Vanguard has the steps on their website.
by Amphian
Wed Aug 22, 2018 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"
Replies: 31
Views: 2601

Re: "By not having a will, Aretha Franklin likely left her heirs with lots of headaches"

How do people deal with changes over time? Do they need to write up an entirely new will? I feel like I would change my mind a lot (who I would have selected 5 years ago is not at all who I would today). That would seem to cost a lot of time and money to keep having new wills made. They use trusts ...
by Amphian
Mon Aug 20, 2018 7:24 pm
Forum: Personal Consumer Issues
Topic: Cashing a check
Replies: 28
Views: 2552

Re: Cashing a check

A few years ago, when electronic scanning of checks first became common for businesses - I paid a specialist's copay with a personal check. They scanned it and got the credit - then they deposited the physical check. Eventually turned out ok since they saw the double deposit. I had a similar thing ...
by Amphian
Sat Aug 18, 2018 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 99
Views: 5200

Re: Your major and investing/finance?

I have a Bachelor's of Science in Mathematics and a Master's of Science in Computer Science. I'm not sure there is a related theory in either of those, but I'm obviously not afraid of doing math and equations don't phase me. I think one thing that does carry over from both of those is the idea of lo...
by Amphian
Mon Jul 16, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Looking for a VOIP Replacement for Skype On Mac
Replies: 2
Views: 372

Looking for a VOIP Replacement for Skype On Mac

Microsoft has just announced that this fall they are going to force everyone to the new Skype version 8, which is basically a bad chat app and not really an app that supports phone calls well. I have been a heavy phone user of Skype since I got rid of my landline almost 15 years ago. (I have over 15...
by Amphian
Wed May 30, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Pueblo, CO area places to live
Replies: 12
Views: 1526

Re: Pueblo, CO area places to live

Quantum wrote:
Wed May 30, 2018 7:41 pm
Your link is to a phish site.
Ah ok, removed it. Not sure where to search for a good neighborhood map, although I know Trulia has some.
by Amphian
Wed May 30, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Pueblo, CO area places to live
Replies: 12
Views: 1526

Re: Pueblo, CO area places to live

Pueblo has one of the highest violent crime rates in the country. I would start by looking at "safer" neighborhoods. They have a similar map for Colorado Springs, which has less violent crime, but still has a lot.
by Amphian
Thu May 24, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Crypto tokens in private sale prior to ICO
Replies: 21
Views: 1508

Re: Buying Crypto tokens in private sale prior to ICO

I'm very interested in the technologies underlying cryptocurrencies, but I won't buy them. It's one of the most speculative investments out there, and the tax situation is a mess. (Technically every time you spend or receive coin, it's a taxable event.) If you don't have a very clear idea what you a...
by Amphian
Thu May 24, 2018 1:26 pm
Forum: Personal Consumer Issues
Topic: Can I join AARP and turn off all snail mail from them ?
Replies: 13
Views: 2009

Re: Can I join AARP and turn off all snail mail from them ?

Since you're in the middle of this decision, you could also forget AARP and consider AMAC as a better alternative. I'm not sure how much I would trust anywhere that advertises gold bullion and rare coins as a "top member rated benefit" on the home page. Snail mail spam isn't anywhere near as notice...
by Amphian
Tue May 22, 2018 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Insight Card (APY 5%) full personal review
Replies: 63
Views: 7646

Re: Insight Card (APY 5%) full personal review

It sounds like Insight has stopped new 5% accounts and may be shutting down the existing ones. News is on Doctor of Credit and Reddit.
by Amphian
Tue May 22, 2018 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Career planning in IT/software development when over 40
Replies: 118
Views: 12059

Re: Career planning in IT/software development when over 40

Im in my early 30s and in the IT field. I recognize a general pattern of older guys who stay in the development ranks tend to get pushed out and replaced with younger people and feel that for my own survival its best for me to keep pushing up the management ranks, even though thats not where my pas...
by Amphian
Fri May 04, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Recommendations for Computer Speakers
Replies: 12
Views: 725

Re: Recommendations for Computer Speakers

Thanks, all. I'll definitely check out the Edifers and the Bose.
by Amphian
Thu May 03, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: Recommendations for Computer Speakers
Replies: 12
Views: 725

Recommendations for Computer Speakers

I live in an apartment a bit under 800 square feet, with probably half of that as a greatroom (kitchen/dining/living/office). I have an Airport Express with a 3.5 mm audio minijack for input to which I currently have a pair of older Creative speakers attached. I'm considering either getting a newer,...
by Amphian
Thu May 03, 2018 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 5955

Re: How old is too old for a vehicle, even for a well running one ?

My car is 19 years old and runs fine, but I bought it new, so I know all the maintenance has been done on time. When buying used cars, I wouldn't risk one this old, but I plan to keep this one another 5 - 10 years. I've started having to do repairs in the last year or two, but really only secondary ...
by Amphian
Sun Apr 29, 2018 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: Any opinions on Moneyspire personal finance software?
Replies: 7
Views: 1166

Re: Any opinions on Moneyspire personal finance software?

Except if it would possible I would vote for the old YNAB 4 (that is never gets outdated in my opinion!). Sad that they stopped supporting and selling it. Agreed. I have YNAB 4 now and will not be going to their overpriced, underpowered online replacement. I'm trying Banktivity at the moment, which...
by Amphian
Sun Apr 29, 2018 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Job Search Suggestions (Tech)
Replies: 14
Views: 1310

Re: Job Search Suggestions (Tech)

I agree a Linkedin profile is necessary, because it's assumed you will have one, but most of the job contacts from it have been a waste of time for me. (I signed up there when I got laid off earlier this year, and I don't do any other social media.) I went with a recruiter who specialized in my area...