Search found 257 matches

by aerosurfer
Tue Jan 19, 2021 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Need to lock 30 year mortgage NOW - where to start?
Replies: 26
Views: 1769

Re: Need to lock 30 year mortgage NOW - where to start?

I’ll second Lenderfi. Great to deal with and gave me a better offer on the phone than was advertised too.

I left Aimloan.com for lenderfi, but was happy with my previous loans and Refis with them too.
by aerosurfer
Sun Jan 10, 2021 7:06 pm
Forum: Personal Consumer Issues
Topic: Help Me [Recover] My Bitcoin!
Replies: 126
Views: 20512

Re: Help Me [Recover] My Bitcoin!

This is a fascinating read. Sorry but the bitcoin is lost unless you can find the private keys. Side note, this is another reason why the remaining bitcoin are becoming more valuable. So many bitcoin are lost and unrecoverable. The mindbender here is no one knows what percentage this is... unless p...
by aerosurfer
Sun Jan 10, 2021 6:34 am
Forum: Personal Consumer Issues
Topic: Purchasing an overpriced vintage item
Replies: 26
Views: 2087

Re: Purchasing an overpriced vintage item

If after all this time you are still willing to pay that price, then apparently you are the market and the sellers price and patients is priced accordingly
by aerosurfer
Sat Jan 09, 2021 9:18 pm
Forum: Personal Investments
Topic: Inherited IRA w/RMD: bonds or stocks?
Replies: 8
Views: 470

Re: Inherited IRA w/RMD: bonds or stocks?

I posted a similar question today as well. My balance is also small enough to not really have a wrong answer either.

viewtopic.php?f=1&t=335767&p=5722628#p5722628
by aerosurfer
Sat Jan 09, 2021 11:18 am
Forum: Investing - Theory, News & General
Topic: didn't there used to be a "Convert" button?
Replies: 10
Views: 1171

Re: didn't there used to be a "Convert" button?

Its there in VG. In small print along the top in your IRA account. Did it this week
by aerosurfer
Sat Jan 09, 2021 8:32 am
Forum: Personal Investments
Topic: What is an appropriate percentage of net worth to spend on a house?
Replies: 19
Views: 1884

Re: What is an appropriate percentage of net worth to spend on a house?

Your post history can be summed up; Age 30 Don’t want to work No income How much house can I buy in cash..... in a major city Don’t want bonds because short term performance has been bad That’s all fine and well, like others have said, you need a budget of your annual expenses weighed against your w...
by aerosurfer
Sat Jan 09, 2021 8:09 am
Forum: Personal Investments
Topic: Pre-SECURE ACT inherited IRA strategy
Replies: 2
Views: 292

Pre-SECURE ACT inherited IRA strategy

I often see advice for these to be into bonds or fixed income as to not have a taxable RMD situation and I am sometimes left wondering why.... Is it simply for accounts with larger RMDs to not push taxable income up in earning years? My situation, I received a small Inherited IRA a few years ago, it...
by aerosurfer
Mon Jan 04, 2021 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Got my stimulus check, how about you?
Replies: 181
Views: 11780

Re: Got my stimulus check, how about you?

Got mine, expected a reduced amount for phase out (MFJ), but didn’t get the wife’s portion, or 2 dependents amount.... On the IRS site, it says both hers and mine payment went to my bank account.

I’ll check back in the morning to see if anything additional posts.
by aerosurfer
Mon Jan 04, 2021 10:11 am
Forum: Personal Investments
Topic: 38 years old, Investments, FIRE, House Purchase
Replies: 22
Views: 2764

Re: 38 years old, Investments, FIRE, House Purchase

OP, Are you contributing to Roth 403B? If yes, why? Why do you choose to pay more taxes? Why are you 100% stock? You are too close to retirement. You don't have the ability to take the risk. KlangFool I did for 2020. I thought the pretax was getting a bit high and may result in me paying higher tax...
by aerosurfer
Mon Jan 04, 2021 5:57 am
Forum: Personal Consumer Issues
Topic: Selling a classic Jaguar
Replies: 20
Views: 1498

Re: Selling a classic Jaguar

I have bought on Bringatrailer.com and highly recommend their platform. Much more of a peer to Barrett-Jackson or Mecum than ebay or cars.com.

Selective and with a strong following, making it excellent exposure to sellers. Low commissions too, for sellers
by aerosurfer
Sun Jan 03, 2021 2:45 pm
Forum: Personal Investments
Topic: Why max 401k before 529?
Replies: 181
Views: 10321

Re: Why max 401k before 529?

Short answer is they can finance college, you cant finance retirement...

Or at the time you reduce contributions to cashflow college.
by aerosurfer
Sun Jan 03, 2021 9:02 am
Forum: Personal Investments
Topic: Debt repayment plan
Replies: 9
Views: 514

Re: Debt repayment plan

Yes that is a good plan, similar to what im doing as well. It preserves liquidity but still builds toward a present goal, but allows priorities to change.

Also its not an all or nothing approach, you can do both. 50% Mortgage/VTSAX or some combination of the two.
by aerosurfer
Tue Dec 29, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: LenderFi: Who did they sell your mortgage to?
Replies: 23
Views: 1827

Re: LenderFi: Who did they sell your mortgage to?

They have kept mine so far, closed Oct 2020
by aerosurfer
Sun Dec 20, 2020 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Do my wife and I even need a traditional estate plan?
Replies: 78
Views: 3989

Re: Do my wife and I even need a traditional estate plan?

We have more than enough time to choose heirs to the estate. But when the paperwork is completed (if it comes to that) we want to make sure it's the final decision that won't get changed later. I have friends who disinherited beneficiaries from their estate documents for one reason or another and i...
by aerosurfer
Wed Dec 09, 2020 10:42 pm
Forum: US Chapters
Topic: Indiana Bogleheads Chapter Established
Replies: 57
Views: 3890

Re: Indiana Bogleheads Chapter Established

Thanks again for putting this together. Was a great meeting, hopefully we can all connect some dots in person soon. Towards the end of the call someone asked about getting attention to the thread for other perspective members as well as active discussion. I suppose keeping the thread active and bump...
by aerosurfer
Wed Dec 02, 2020 11:04 pm
Forum: Investing - Theory, News & General
Topic: Pre vs Post tax investment for retirement
Replies: 6
Views: 519

Re: Pre vs Post tax investment for retirement

one of the biggest reasons people fund pre-tax vs post-tax for their retirements account is based on their guess of how their tax bracket will be in the future vs now. lets say your tax bracket is exactly the same for your contribution years vs withdrawal years (say you make 100k now and you plan t...
by aerosurfer
Wed Dec 02, 2020 9:24 pm
Forum: US Chapters
Topic: Indiana Bogleheads Chapter Established
Replies: 57
Views: 3890

Re: Indiana Bogleheads Chapter Established

Fantastic! Thanks for putting this together. I’ll be there on that call.
by aerosurfer
Wed Dec 02, 2020 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Redeeming paper savings bonds
Replies: 8
Views: 765

Re: Redeeming paper savings bonds

I have been redeeming EE bonds at Chase each of the last 4 years as final maturity happened. Have not run into any issue cashing them at the counter.
by aerosurfer
Wed Dec 02, 2020 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Kill the Mortgage or no?
Replies: 42
Views: 2617

Re: Kill the Mortgage or no?

If the Taxable gains are small. Do half this month and half next month then you get to spread the tax bill over 2020 and 2021
by aerosurfer
Wed Dec 02, 2020 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Kill the Mortgage or no?
Replies: 42
Views: 2617

Re: Kill the Mortgage or no?

can you pay it off sooner thru regular cash flow without incurring capital gains tax? For example, start sending in $2k/mo or $2500? This is what I was replying with. I would just increase payments to the highest you can afford to pay it off ASAP versus taking a gain. No extra cashflow really. I wo...
by aerosurfer
Wed Dec 02, 2020 8:32 am
Forum: Investing - Theory, News & General
Topic: Easiest way to buy bit coin/cryptocurrency index fund
Replies: 185
Views: 13635

Re: Easiest way to buy bit coin/cryptocurrency index fund

Looking over the Crypto section in PayPal, it seems so easy indeed. If PayPal hold the Key then are they on the hook if they get hacked for all our accounts vs coinbase where it falls on the user? How is crypto taxed in various accounts? I assume at Vanguard it’s treated like any other fund, but on ...
by aerosurfer
Tue Dec 01, 2020 12:31 pm
Forum: Personal Investments
Topic: ETF fund and Mutual in both Roth IRA and Brokerage
Replies: 9
Views: 420

Re: ETF fund and Mutual in both Roth IRA and Brokerage

To answer the second question: actually it is disadvantageous to hold the same funds in both taxable account and the IRA account. It would constrain you from taking advantage of the drop in market, by selling the shares that lost value and buying an equivalent tax-loss-harvest partner. For example,...
by aerosurfer
Tue Dec 01, 2020 12:26 pm
Forum: Personal Investments
Topic: ETF fund and Mutual in both Roth IRA and Brokerage
Replies: 9
Views: 420

Re: ETF fund and Mutual in both Roth IRA and Brokerage

I’m a complete newb to investing, but I’m seeking a faster way of increasing my portfolio and we all know that the Roth IRA is meant to help the average worker. Contributions to a Roth IRA or Traditional, are limited by the IRS to prevent us from benefitting more than the average worker from tax ad...
by aerosurfer
Fri Nov 27, 2020 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Domicile and income
Replies: 39
Views: 3121

Re: Domicile and income

Are you an Airline employee? Delta and Southwest both have hubs in 2 of those 3 cities listed and strong presence in all 3, as well as other airlines that fit the description, AA and Spirit. Many airline crew commute to their domicile and live out of state, myself included. I pay state tax in my cla...
by aerosurfer
Mon Nov 23, 2020 11:11 pm
Forum: Personal Consumer Issues
Topic: Car will fit in garage with one inch to spare - thoughts?
Replies: 111
Views: 9084

Re: Car will fit in garage with one inch to spare - thoughts?

A flush-mount garage door system will cost several thousand dollars. Even with that, you won't likely have enough room to get around the vehicle without opening the garage door. No way its 'several'. I just did mine a few months ago for a high lift conversion in preparation for a car lift. Chamberl...
by aerosurfer
Sun Nov 15, 2020 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or not
Replies: 70
Views: 7034

Re: Pay off mortgage or not

I just did a 2.5% 15yr with lenderfi last month...

Congrats on the rate
by aerosurfer
Sun Nov 15, 2020 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or not
Replies: 70
Views: 7034

Re: Pay off mortgage or not

I've also refi'd twice this year. The last one was to a 15 year at 2.125% with $9,000 in lender credits , so I turned a nice profit for taking the lower rate. I've always been a fan of paying off the mortgage, but the rate is now lower than the Stable Value fund in my 401K is paying, so I'll probab...
by aerosurfer
Thu Nov 05, 2020 10:06 am
Forum: US Chapters
Topic: Indiana Bogleheads Chapter Established
Replies: 57
Views: 3890

Re: Indiana Bogleheads Chapter Established

Im on the southeast side of Indianapolis, near Greenwood. Id love to be a part of a local chapter too. Would love a park or parking lot meet-up while we still have some descent weather available as well
by aerosurfer
Wed Oct 21, 2020 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Help with choosing Mortgage Co
Replies: 16
Views: 838

Re: Help with choosing Mortgage Co

Check Aimloan.com

Have been very happy with them and their rates
by aerosurfer
Tue Oct 20, 2020 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Tenant modified property and subletting on AirBnB
Replies: 96
Views: 10837

Re: Tenant modified property and subletting on AirBnB

But landlording is like free money, amirite? :oops: I have usually given my tenants quite a bit of slack to minimize headaches. This particular tenant had been normal for two years. Hence the struggle if it's worthwhile to salvage the relationship. To quote MJ - "I changed, people change"...
by aerosurfer
Mon Oct 19, 2020 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: To HSA or not
Replies: 5
Views: 543

Re: To HSA or not

With $210K salary, the $5200 you can contribute to the HSA is a $1248 tax savings in your 24% tax bracket, plus any state tax savings. But with the company contributing $2000 to the HSA and $3000 to the HRA, and the higher premium on the HSA that makes the day-one costs of both plans about equal (a...
by aerosurfer
Mon Oct 19, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1627
Views: 151172

Re: My LenderFi refinance is going well

I closed this morning, just under 6 weeks from first contact. But I did delay last week because of a vacation. Minimal contact, but all business when something was needed and quick to respond. Got an email from the title company that funds received, hope to be funded by the end of the week.
by aerosurfer
Mon Oct 19, 2020 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: To HSA or not
Replies: 5
Views: 543

To HSA or not

Doing my open enrollment this evening and I have shunned my current company’s HDHP with an HSA option the last few years, for seemingly good reason, but I think I need another opinion I have previously used an HSA at my previous company and still have a small amount in it, but I remember it being a ...
by aerosurfer
Sat Oct 17, 2020 4:46 pm
Forum: Personal Investments
Topic: Portfolio Review: Just Hit $500,000!
Replies: 36
Views: 5776

Re: Portfolio Review: Just Hit $500,000!

Well done for your age!! Keep your foot on the gas but make sure you're comfy with your asset allocation. On a separate note; can you really get 2.5% on a re-fi?? I'm skeptical, doubt it, would like to know, and would sooner just start lump sum payments to save on interest way before I would pay an...
by aerosurfer
Fri Oct 16, 2020 7:25 am
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 30445

Re: Should We Ever Save for Children's College?

You need to retire comfortably, you also want to help your offspring complete college. Here is my advice: First: Fund all available retirement accounts - tax-deferred and Roth, every year. Second: Fund your own taxable accounts with whatever you do not spend, every year. Third: Assist your offsprin...
by aerosurfer
Fri Oct 09, 2020 7:00 am
Forum: Personal Consumer Issues
Topic: Flying during the pandemic
Replies: 94
Views: 5803

Re: Flying during the pandemic

Airline pilot here..... Fly...not just because i have a vested interest in the recovery of my industy, but because there simply hasnt been any significant data that this virus is actually spreading on planes, or in airports. There have been no elevated cases of crew members getting it across the ind...
by aerosurfer
Wed Oct 07, 2020 7:32 am
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 30445

Re: Should We Ever Save for Children's College?

You need to retire comfortably, you also want to help your offspring complete college. Here is my advice: First: Fund all available retirement accounts - tax-deferred and Roth, every year. Second: Fund your own taxable accounts with whatever you do not spend, every year. Third: Assist your offsprin...
by aerosurfer
Thu Sep 17, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1627
Views: 151172

Re: My LenderFi refinance is going well

Woke up this morning to my updated loan documents needing a signature with my rate lock letter.

Took a full week to get that, but so far smooth sailing
by aerosurfer
Wed Sep 16, 2020 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Which refi would save me more?
Replies: 20
Views: 1259

Re: Which refi would save me more?

After reading some more of this forum I'm gonna see what lenderfi offers and then lastly check with better. Current Aimloan.com customer, have been happy with them and their service (direct lender not sold), but am in process with Lenderfi for a refi. They had the best rates. Absolutely right, rate...
by aerosurfer
Wed Sep 16, 2020 5:51 am
Forum: Personal Consumer Issues
Topic: Tiffany Quality
Replies: 35
Views: 2859

Re: Tiffany Quality

A LeCrueset pot or other cookware is a solid item that may not get used everyday, but is the perfect thing when the recipe calls for it. I was gifted one when we got engaged 10 years ago, and it has held up well. And it’s oven to table presentable for a large meal. Plus it’s pricey enough I’m not li...
by aerosurfer
Sun Sep 13, 2020 6:07 am
Forum: Personal Investments
Topic: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million
Replies: 76
Views: 7811

Re: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million

Seriously..... Go to a casino Head to the roulette table Cover 34 numbers equally (50k/34= 1470) Roulette payouts 35:1, with 0 and 00 that means there are 38 total numbers on the table. By covering 34 of them you have an 89.5% chance of winning. The payout is of course 1 unit of your equal bet. If y...
by aerosurfer
Sat Sep 12, 2020 6:22 pm
Forum: Personal Investments
Topic: Ally Bank Not Reliable
Replies: 50
Views: 5127

Re: Ally Bank Not Reliable

Have you tried using the app?

I have had no problems with the app on my Samsung phone or using safari on the iPad
by aerosurfer
Fri Sep 11, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance mortgage or pay it off?
Replies: 25
Views: 1744

Re: Refinance mortgage or pay it off?

That was my thought too. See if you can get new terms on the current loan, while you figure out what the best tax strategy to pay off is.

Being a second home, you may not find as many of the super low terms however
by aerosurfer
Fri Sep 11, 2020 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance mortgage or pay it off?
Replies: 25
Views: 1744

Re: Refinance mortgage or pay it off?

That was my thought too. See if you can get new terms on the current loan, while you figure out what the best tax strategy to pay off is.

Being a second home, you may not find as many of the super low terms however
by aerosurfer
Fri Sep 11, 2020 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Bet that 30-year mortgage rates are below 2.00% by July 2021
Replies: 37
Views: 3952

Re: Bet that 30-year mortgage rates are below 2.00% by July 2021

Supposed to close on a re-fi soon at 3.25% for 30 years (no cost). Should I wait? Personally, I wouldn't wait, but shop around. That's not a good rate. It seems the "best lenders" per the Refi Mega thread are moving at a snail's pace...Lender Fi, Loan Cabin, and Better...LF flat out state...
by aerosurfer
Thu Sep 10, 2020 4:36 pm
Forum: Personal Consumer Issues
Topic: Saving on flight schools!
Replies: 20
Views: 2037

Re: Saving on flight schools!

Airline pilot here.... Im a bit removed from General Aviation, but have wondered my path if either of the kids want to get into it. First have you taken an intro lesson or been up with friends? Make sure its as exciting as you hope it to be. If you want to get to your first solo, have you reviewed t...
by aerosurfer
Wed Sep 02, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: Ark Funds
Replies: 118
Views: 16339

Re: Ark Funds

adave wrote: Wed Sep 02, 2020 1:38 pm $37 for ARKK on March 20th - would have been a great buy!
I got in at $45.41 🍻
by aerosurfer
Tue Aug 11, 2020 8:28 am
Forum: Personal Consumer Issues
Topic: What YouTube channels do you watch?
Replies: 56
Views: 5215

Re: What YouTube channels do you watch?

For automotive entertainment,

Hoovie’s Garage
Anything by Doug Demuro

Both of those will send you down other automotive channel rabbit holes
by aerosurfer
Mon Aug 10, 2020 6:07 am
Forum: Non-US Investing
Topic: Leverage on mortgage
Replies: 17
Views: 1612

Re: Leverage on mortgage

I am buying a house and can get a bigger loan than I need for 2%. Should I maximize the loan so I can buy as much as I can in VWCE? Bogleheads don't like leverage but I don't see this going wrong.. When you say bigger than you need, does that mean you have the money to put down for a smaller mortga...
by aerosurfer
Tue Jul 07, 2020 4:59 pm
Forum: Personal Investments
Topic: Ally CD maturing
Replies: 30
Views: 2189

Re: Ally CD maturing

Ally is dropping to 1% now... remember rolling over a cd gets you a .05% bonus. In the maturity instructions, you can always add money. Its splitting hairs, but better than nothing