Search found 46 matches

by Osterix
Fri Oct 30, 2020 9:38 pm
Forum: Personal Consumer Issues
Topic: I just bought a Peloton - Love it!
Replies: 31
Views: 1383

Re: I just bought a Peloton - Love it!

Yes, I do consider bikes high-impact. I used to use Schwinn stationary bikes in gyms (they were common there at one time). I could always spend a lot of energy, but it was concentrated in my legs and knees. I feel that a stationary bike's impact is pretty severe in my knees. The elliptical machine ...
by Osterix
Fri Oct 30, 2020 7:10 pm
Forum: Personal Consumer Issues
Topic: I just bought a Peloton - Love it!
Replies: 31
Views: 1383

Re: I just bought a Peloton - Love it!

For anyone contemplating purchasing a Peloton, I wanted to chime in and offer my 2 cents. After a week of use, I can see exactly why people enjoy it. The instructors combined with the friendly user interface and convenience factor are absolute game changers. In my opinion a Peloton should be standa...
by Osterix
Fri Oct 23, 2020 5:36 pm
Forum: Personal Consumer Issues
Topic: Stationary Indoor Bikes
Replies: 34
Views: 2236

Re: Stationary Indoor Bikes

I have a Schwinn IC3 and have had it for about a year. I bought so I could do cardio in my loving room without creating too much noise. Works perfect for my needs. I have a rower as well but that creates much more noise due to the fan which is less than ideal for early morning or late evening cardi...
by Osterix
Fri Oct 23, 2020 5:34 pm
Forum: Personal Consumer Issues
Topic: Stationary Indoor Bikes
Replies: 34
Views: 2236

Re: Stationary Indoor Bikes

Greetings , Does anyone have recommendations for stationary indoor bikes. Want to buy one for my daughter and her husband for Christmas. Let me know why you purchased the one you presently own and how satisfied you are with your selection. Also, if you are not satisfied, why? Thanks for your help P...
by Osterix
Wed Oct 21, 2020 8:29 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 548
Views: 72240

Re: What lifestyle creep made you happier?

As a Canadian, heated seats have been a requirement in any vehicle I have purchased, and once heated steering wheels starting becoming more widely available I waited for a vehicle with a supporting trim to get to three years old and purchased it used. Absolutely worth it! Like the others up thread,...
by Osterix
Tue Oct 20, 2020 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 1% to 0.8%
Replies: 82
Views: 9378

Re: Ally Bank savings interest rate dropping from 1% to 0.8%

As TFB pointed out this morning, breaking an Ally no-penalty CD just got more cumbersome :annoyed Ally Bank Removed Online Early Withdrawal From No-Penalty CDs https://thefinancebuff.com/ally-bank-early-withdrawal-no-penalty-cd.html I have 13 month CDs with Ally that mature in April 2021 so this ch...
by Osterix
Fri Sep 25, 2020 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Should I have an estate plan at this point in my life?
Replies: 33
Views: 2801

Re: Should I have an estate plan at this point in my life?

I’m military and currently stationed in Alabama. I entered Active Duty over ten years ago from Nevada so that is listed as my home of record and is used for income tax purposes. I’m not sure if I should have a full up estate plan at this point in my life or if I should wait until I’m retired in abo...
by Osterix
Thu Sep 24, 2020 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10659

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

The yield on an EF is insignificant. Sure, it was great to get a higher yield when available, but that’s just not the current environment. It is what it is.
by Osterix
Thu Sep 24, 2020 7:56 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 218
Views: 24268

Re: What is your favorite reasonably priced bourbon?

Taz wrote: Tue Sep 22, 2020 7:34 pm
wfrobinette wrote: Tue Sep 22, 2020 3:04 pm Never met a regional BBQ I didn't like.
You might have to reconsider that statement if you ever try Alabama white BBQ sauce.
Alabama white sauce is amazing!
by Osterix
Thu Sep 24, 2020 7:56 am
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 218
Views: 24268

Re: What is your favorite reasonably priced bourbon?

I'm relatively certain that most Kentuckians feel that way, but the bourbon laws only geographic requirement is that it be made in the United States. So there can actually be a Texas bourbon, though I understand that Kentuckians may view it the way Texans view Kentucky barbecue. :D Your link didn’t...
by Osterix
Thu Sep 17, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: what do others pay for umbrella insurance, and is it needed?
Replies: 58
Views: 4773

Re: what do others pay for umbrella insurance, and is it needed?

I also have State Farm and pay twice that for the same amount. Maybe because I’m double your age? Also own my house. State Farm does not surcharge older drivers on its umbrella policy. It only surcharges younger drivers below the age of 25. State Farm also does not charge for home ownership. The um...
by Osterix
Thu Sep 17, 2020 7:51 pm
Forum: Personal Consumer Issues
Topic: Suggestions on how to spend $300 work exercise equipment credit
Replies: 16
Views: 1298

Re: Suggestions on how to spend $300 work exercise equipment credit

Please see Charles Barkley and the Shake Weight.
by Osterix
Tue Sep 15, 2020 6:44 pm
Forum: Personal Consumer Issues
Topic: what do others pay for umbrella insurance, and is it needed?
Replies: 58
Views: 4773

Re: what do others pay for umbrella insurance, and is it needed?

$595 per year for $5 million. Through State Farm. I also have State Farm and pay twice that for the same amount. I’m 33, spouse 32, one toddler, rent a home, don’t own a boat or pool, live in Florida, both cars insured with State Farm and increased bodily injury to $250,000/$500,000 to get the umbr...
by Osterix
Sat Sep 05, 2020 7:05 am
Forum: Investing - Theory, News & General
Topic: Cash Covered Puts instead of High Yield Savings for Cash
Replies: 76
Views: 5346

Re: Cash Covered Puts instead of High Yield Savings for Cash

Lets say I keep about 50K in cash in a High yield savings account. In a way, this is my emergency fund. But I'm at a stage of life where I can replete essentially 80% of my emergency fund with a months paycheck. Which begs the question, do I truly need this cash just sitting around? Getting 1.1% fo...
by Osterix
Sat Aug 29, 2020 9:51 pm
Forum: Personal Investments
Topic: What to do with unused emergency fund?
Replies: 39
Views: 3413

Re: What to do with unused emergency fund?

My wife and I have two joint reward checking accounts that pay >2% interest on a combined 5 figure sum. Each account gets direct deposits and gets logins from a budgeting app automatically. To complete requirements, I spend 5 minutes each month buying twenty 50 cent amazon gift cards with debt card...
by Osterix
Sat Aug 29, 2020 6:44 pm
Forum: Personal Investments
Topic: What to do with unused emergency fund?
Replies: 39
Views: 3413

Re: What to do with unused emergency fund?

Use it to earn bank bonuses, or do one of those annoying rewards checking accounts that pay 3%. Personally I would just do the bonuses. OR... if your taxable account is large, you can roll like whodidntante. Open an account at Interactive Brokers for a 1k bonus and use your "emergency fund" to buy ...
by Osterix
Fri Aug 28, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Go for the Honda 0.9% APR loan or pay cash? 35k minivan
Replies: 51
Views: 4117

Re: Go for the Honda 0.9% APR loan or pay cash? 35k minivan

I have an umbrella policy requiring higher levels of comp/collision too. I wasn't even aware that an umbrella required any comp or collision at all. Hm, maybe I misspoke! I know I had to increase a portion of my auto coverage when I got the umbrella. It was the bodily injury I believe. I am probabl...
by Osterix
Fri Aug 28, 2020 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Go for the Honda 0.9% APR loan or pay cash? 35k minivan
Replies: 51
Views: 4117

Re: Go for the Honda 0.9% APR loan or pay cash? 35k minivan

I am looking at purchasing a new 2020 Honda minivan for $35k. I have saved up cash to pay it outright, but Honda is offering 0.9% APR for up to 60 months. Is there a consensus as to whether one should go for the loan or buy the car outright with cash? I have 130k saved in a savings account (maybe t...
by Osterix
Thu Aug 27, 2020 12:37 pm
Forum: Investing - Theory, News & General
Topic: Whose being naughty and keeping some dry powder around?
Replies: 110
Views: 9432

Re: Whose being naughty and keeping some dry powder around?

I'm pumping any leftover money into my settlement fund to try to market time some bargain buying when/if a large correction occurs. Still maxing out my 401k/ira and not changing my normal taxable auto-investment. I know it's dumb but with TSM at a price to book of 3.3, I can't see plowing every las...
by Osterix
Thu Aug 27, 2020 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Go for the Honda 0.9% APR loan or pay cash? 35k minivan
Replies: 51
Views: 4117

Re: Go for the Honda 0.9% APR loan or pay cash? 35k minivan

I am looking at purchasing a new 2020 Honda minivan for $35k. I have saved up cash to pay it outright, but Honda is offering 0.9% APR for up to 60 months. Is there a consensus as to whether one should go for the loan or buy the car outright with cash? I have 130k saved in a savings account (maybe t...
by Osterix
Tue Aug 11, 2020 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account Rates
Replies: 6
Views: 856

Re: Online Savings Account Rates

I want to congratulate on being a proactive father. I cannot imagine the increased difficulty of being a single parent. Your son will thank you for your hard work. I don’t think you should liquidate all of your savings to pay down the loan. Check out Dave Ramsey’s baby steps. You need an emergency f...
by Osterix
Tue Aug 11, 2020 5:42 pm
Forum: Personal Investments
Topic: Assets going from 600K->15M, should I change my asset allocation?
Replies: 175
Views: 17716

Re: Assets going from 600K->15M, should I change my asset allocation?

Hello all, I am a committed passive investor, and due to an unanticipated financial transaction, my investable assets are going to go from approximately 600K to 15M. I have some questions for you all given this news. My previous investment strategy was: Asset allocation: - 45% VTI - 45% VXUS - 10% ...
by Osterix
Tue Aug 11, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Rates so low. Should we take out a mortgage on home?
Replies: 33
Views: 3923

Re: Rates so low. Should we take out a mortgage on home?

DW and I are 37 years old, no kids yet but trying, live in MCOL area, 50-60k annual expenses, 550k total household income, and NW 3.25mm broken down as follows: RE equity 1.34mm (750k primary home with no mortgage but 105k drawn HELOC + 800k rental with 533k mortgage + 350k paid off rental + 75k Re...
by Osterix
Tue Aug 11, 2020 10:59 am
Forum: Personal Consumer Issues
Topic: More fun: drone or RC plane?
Replies: 32
Views: 2133

Re: More fun: drone or RC plane?

I have seen a lot of folks with Drones in business lately...we sold our FLorida home and the agent had a drone guy out taking all kinds of cool video and pics of the property. I see them a lot at football games also...we use a couple for shooting promo videos at the school...have never tried to fly...
by Osterix
Tue Aug 04, 2020 9:27 am
Forum: Personal Investments
Topic: Liquid Cash - Pay off student loan vs. invest
Replies: 15
Views: 1014

Re: Liquid Cash - Pay off student loan vs. invest

Hi all, My husband has $133,000 in student debt and we want to get rid of this as soon as possible. I have $138,000 liquid cash savings (recently matured from mutual funds) that I've been holding onto trying to decide between two options: 1) First, allocating 12k to our emergency fund so we have a ...
by Osterix
Fri Jul 17, 2020 12:27 pm
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 165
Views: 17136

Re: Just Ordered Peloton Bike

Congrats! I'm coming up on two years with mine, and using it as much as ever. I don't know that I'd say I've used it more during the shutdown, other than the fact that I use it every day except when I travel, and I haven't traveled since February. :) On that note though, I actually just did the mat...
by Osterix
Thu Jul 16, 2020 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Helping our Adult Child Buy a Home
Replies: 72
Views: 5740

Re: Helping our Adult Child Buy a Home

MJD wrote: Wed Jul 15, 2020 8:58 pm They make good money. Let them chart their own course. Sounds like you raised a successful child.

Buy them a vacuum, bottle of their favorite splurge booze, and a ladder as a housewarming.
Booze and a ladder is a recipe for disaster. :)
by Osterix
Wed Jul 15, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: VTSAX to VTI at Vanguard
Replies: 5
Views: 883

Re: VTSAX to VTI at Vanguard

We started investing in taxable in May 2020. My goal with TLH will be to capture losses in the future. Have read the wiki on the topic. I do not do any auto investments as the amount I contribute each month varies so VTI would make sense then.
by Osterix
Wed Jul 15, 2020 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: VTSAX to VTI at Vanguard
Replies: 5
Views: 883

VTSAX to VTI at Vanguard

My spouse and I have $35K at Vanguard in VTSAX in a taxable account. Our goal is to get to $100K then transfer to Merrill Edge for the Preferred Rewards and the cash back cards. I understand that holding VTSAX at Merrill Edge is not recommend due to fees associated with tax loss harvesting. My quest...
by Osterix
Thu Jul 02, 2020 4:41 pm
Forum: Personal Consumer Issues
Topic: Spiked Seltzers?
Replies: 46
Views: 3405

Re: Spiked Seltzers?

If you’re looking for low calorie alcoholic beverage, I recommend buying Spindrift (carbonated water with real fruit juice) and adding Kirkland Signature French vodka. 💥
by Osterix
Sat Jun 20, 2020 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: House not appraising to sale price
Replies: 51
Views: 7118

Re: House not apprising to sale price

This is a very helpful thread. My spouse and I made our first offer on a home. The seller wasn’t willing to budge on the price so we walked. Afterward seller states they paid for an appraisal, which appraised the house at the asking price. We still didn’t feel it as worth that. I didn’t realize that...
by Osterix
Fri Jun 12, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: Recommend a mattress?
Replies: 50
Views: 4769

Re: Recommend a mattress?

purple
by Osterix
Thu Jun 04, 2020 4:58 pm
Forum: Personal Investments
Topic: Moving solo 401k from E-Trade to TDA
Replies: 18
Views: 845

Re: Moving solo 401k from E-Trade to TDA

I realized that I was able to link my E*Trade brokerage account to my Ally checking account via test deposits. Once my E*Trade account was confirmed, I was able to “push” the final $17,187.50 from Ally checking to E*Trade without issue. Hope that helps. That's great, and exactly what I am looking f...
by Osterix
Thu Jun 04, 2020 10:00 am
Forum: Personal Investments
Topic: Moving solo 401k from E-Trade to TDA
Replies: 18
Views: 845

Re: Moving solo 401k from E-Trade to TDA

I learned today that e-trade has a new policy of not accepted employer contributions to a solo 401k via ACH if you max out your employee portion (I learned once my employer+employee contribution exceeded $19k for the year). They will accept via wire and check, but not ACH (ie online transfer). This...
by Osterix
Tue May 12, 2020 9:26 am
Forum: Personal Investments
Topic: Question regarding brokerage at TDA
Replies: 3
Views: 211

Question regarding brokerage at TDA

Hey folks, I’ve read the wiki on Bogle style investing at TDA, as well as a few threads. My mom has asked me for advice on investing her money at TDA. I believe it is sitting in a money market account as the money was rolled over after the passing of her mother last year. I have accounts at Vanguard...
by Osterix
Sat Apr 18, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25617

Re: IRS Get My Payment up and running

Update:

The “Get My Payment” had been showing “Payment Status Not Available” until this morning. It now shows that a payment will be direct deposited in a couple of days to the same account where my 2019 refund was direct deposited.
by Osterix
Fri Apr 17, 2020 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 25617

Re: IRS Get My Payment up and running

I have filed my 2019 taxes and received my direct deposit refund.

Has anyone here with an AGI $140-$150k and filed 2019 taxes received their payment?

We plan to give ours to struggling family.
by Osterix
Wed Apr 15, 2020 2:00 pm
Forum: Personal Consumer Issues
Topic: Please share some lifestyle creep you regret.
Replies: 226
Views: 27862

Re: Please share some lifestyle creep you regret.

I will say, once you've gotten used to "better" wines, it is hard if not impossible to go back. And in my case, I am not talking big bucks wines- but better than you were used to. I used to like to spend $5-$7. That slowly crept up. Now it is more like $10-$15. I can still definitely find ones I en...
by Osterix
Tue Mar 24, 2020 11:32 am
Forum: Personal Finance (Not Investing)
Topic: What credit card are you using that is not Citi 2% cashback?
Replies: 57
Views: 7373

Re: What credit card are you using that is not Citi 2% cashback?

Same cards as always BoA cash rewards: 5.25% on gas, 4.5% on grocery BoA premium rewards: 3.5% on travel and restaurants, 2.625% on everything else. Fantastic combo. Will you elaborate more on this? I just opened a taxable at Vanguard yet haven’t started funding it. I’m considering the BOA/ME combo...
by Osterix
Fri Mar 06, 2020 2:05 pm
Forum: Personal Investments
Topic: Are CD's only for parking cash for the short term?
Replies: 17
Views: 1712

Re: Are CD's only for parking cash for the short term?

Probably most any quality bond funds, especially treasuries, have popped up rather nicely, for now. I'm sitting on some very nice gains from my short-term and intermediate -term treasury index bond funds. However, the yield some might want/need makes CDs more attractive. I am in bonds for safety, n...
by Osterix
Fri Mar 06, 2020 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing Ally CD: Is this smart?
Replies: 36
Views: 3176

Re: Purchasing Ally CD: Is this smart?

HueyLD wrote: Fri Mar 06, 2020 9:43 am I did mention the new rate of 2% a few posts up thread.
Thanks Huey! That is sneaky. 2% > 1.6% (and likely to go down) so I’ll take it!
by Osterix
Fri Mar 06, 2020 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing Ally CD: Is this smart?
Replies: 36
Views: 3176

Re: Purchasing Ally CD: Is this smart?

Unfortunately there is no 13 months CD option at Ally as of right now. 12 month is 1.75% and 18 month is 2.00% for $5,000 minimum or $25,000 minimum deposit. 18 months is a fairly long time to lock up money. I have a large EF in the Ally Savings at 1.6%. Would you recommend opening multiple $5k 18 m...
by Osterix
Sun Mar 01, 2020 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Citi Priority Banking Package?
Replies: 0
Views: 353

Thoughts on Citi Priority Banking Package?

I read the thread from April 2019 on the topic, and it didn't answer my questions completely. From reading a few other threads, it seems Citi is known to have poor customer service related to checking/savings accounts. I received an offer in the mail from Citi to increase the cash back up to 2.5% (w...
by Osterix
Tue Dec 10, 2019 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA logistics
Replies: 17
Views: 1230

Re: COBRA logistics

I just switched jobs and there will be a gap in coverage which I am using COBRA to cover. Some relevant dates: 11/22/2019: Health coverage terminated 12/7/2019: Received COBRA information from administrator, enrolled and paid premium so we're covered for the period between 11/22/2019-12/31/2019. 1/...
by Osterix
Wed May 16, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: New motorcycle rider
Replies: 106
Views: 7381

Re: New motorcycle rider

No. I am here. Trying to soak in all the wisdom. I was on call last night so a little sluggish today. I will preface by saying I have never ridden nor will I ever ride a motorcycle. I can imagine how it would be a relaxing (ride on a beautiful spring day alone on a country road) or an exhilarating ...
by Osterix
Fri Apr 20, 2018 6:52 pm
Forum: Personal Consumer Issues
Topic: Factor in evaluating Physicians
Replies: 86
Views: 8110

Re: Factor in evaluating Physicians

I am not on the list but am in my final year of residency. I prescribe only a few medications in my field, however I am in a surgical field that has a sales rep in the OR nearly every case. I disagree that having a rep take me and other surgeons out to a meal affects my choice of surgical implant. M...