Search found 125 matches

by jaybee9
Fri Jul 17, 2020 11:37 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

We have an '07 Odyssey with 252,000 miles - have had a few major repairs, but overall these older Odysees are workhorses that hold up well. However, it seems like in recent years the Odysseys have had a lot of reliability issues. I'm a big fan of Consumer Reports, and their most recent rankings rea...
by jaybee9
Fri Jul 17, 2020 10:26 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

I'm undecided about the Kia/Hyundai valve lifters - I don't feel I know enough to say whether the design is a fatal flaw or just something you take your chances with and if you lose, you just figure you saved enough on the purchase price of the vehicle to junk it a little before its time. Opinions?...
by jaybee9
Fri Jul 17, 2020 10:04 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

We have a 2012 Sedona. 128,000 miles. Never any mechanical issues. We drive it all over the country without concern. It is a base version, it does not have the fancy "stuff". Honda will always get you more on trade in. This is true but not a concern for me personally. Like investing, I "buy and hol...
by jaybee9
Fri Jul 17, 2020 9:08 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

My father has had a lot of issues with his Kia Sedona, but that could be easily attributed to poor maintenance on his part and his insistence at using the dealership when something does go wrong. He's had it at the dealership multiple times for upwards of a month at a time with engine and transmiss...
by jaybee9
Fri Jul 17, 2020 8:56 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

I'd advise not to buy a vehicle because of a seat cooling feature. It's nice to have in a pinch, but I'm not convinced that it makes all that much difference from experience. JT I would not buy the Sedona or any vehicle on the basis of a seat cooling feature. We like the car's other features as wel...
by jaybee9
Fri Jul 17, 2020 8:51 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

What I have gathered-specifically about timing belt vs chain-is that they both have a lifespan rated around 60-100k miles, and both would require a bit of labor to replace. I would say if a timing chain wore out at 100k it was a defective design. I also meant to add it is my understanding that you ...
by jaybee9
Fri Jul 17, 2020 8:47 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

I'm undecided about the Kia/Hyundai valve lifters - I don't feel I know enough to say whether the design is a fatal flaw or just something you take your chances with and if you lose, you just figure you saved enough on the purchase price of the vehicle to junk it a little before its time. Opinions?...
by jaybee9
Fri Jul 17, 2020 2:48 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

We have a 2012 Sedona. 128,000 miles. Never any mechanical issues. We drive it all over the country without concern. It is a base version, it does not have the fancy "stuff". That's great to hear. We do cross-country road trips so I would definitely want it to be up for that. My understanding is th...
by jaybee9
Fri Jul 17, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

I'm about to get another Odyssey. Our '06 is running fairly strongly at 150k-a bit of rust and the tranny is sketchy, engine is solid. What I have gathered-specifically about timing belt vs chain-is that they both have a lifespan rated around 60-100k miles, and both would require a bit of labor to ...
by jaybee9
Fri Jul 17, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Re: Honda Odyssey -> Kia Sedona

I'd advise not to buy a vehicle because of a seat cooling feature. It's nice to have in a pinch, but I'm not convinced that it makes all that much difference from experience. JT I would not buy the Sedona or any vehicle on the basis of a seat cooling feature. We like the car's other features as wel...
by jaybee9
Fri Jul 17, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: Honda Odyssey -> Kia Sedona
Replies: 24
Views: 1579

Honda Odyssey -> Kia Sedona

I have owned Honda Odysseys since 2003. I like them in general (even though I had to replace the transmission once :annoyed). I find myself wanting to get a new minivan. Looking to buy used, I am not liking the current availability and pricing of the Honda Odyssey. Part of that is due to the wacky u...
by jaybee9
Tue Jun 30, 2020 9:40 pm
Forum: Personal Consumer Issues
Topic: Best secure email to use instead of gmail?
Replies: 93
Views: 16183

Re: Best secure email to use instead of gmail?

IMO the best site with actual data comparing different services:

https://thatoneprivacysite.net/email-comparison

It hasn't been updated since 2018 but still pretty useful. Based on it, I selected mailbox.org, it's been good.
by jaybee9
Fri May 29, 2020 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-purchase car inspection services?
Replies: 4
Views: 464

Re: Pre-purchase car inspection services?

MikeG62 wrote:
Fri May 29, 2020 7:22 am
I think it may come down to the specific mechanic who does the inspection as much or more so than the company you select.
I'm sure that is the case. Hard to know who you are going to get though. Thanks for sharing.
by jaybee9
Thu May 28, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-purchase car inspection services?
Replies: 4
Views: 464

Pre-purchase car inspection services?

I am looking at buying an out of state used car. Given that I can't use my normal mechanic, I am wondering if anyone has any feedback on pre-purchase car inspection services like carchex.com, yourmechanic.com, etc? On a related note, since it takes a couple days for the service to get out to see a v...
by jaybee9
Sat Apr 25, 2020 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 465
Views: 220544

Re: The Mega Backdoor Roth IRA

Not sure what part of up thread in this very long thread you mean, but to me it does not matter if you are talking about in-plan-Roth-Rollover or rolling out to Roth IRA. You are rolling over shares, not dollars (even though it seems like dollars). Those shares will (presumably) be worth more when ...
by jaybee9
Sat Apr 25, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 465
Views: 220544

Re: The Mega Backdoor Roth IRA

You are still missing that tax liability is the point. The whole reason for doing IRRs in the first place is to minimize tax liability. Doing IRRs resulting in losses in a plan that does not account for them is totally counter-productive. Luckily many plans account for losses or more correctly "neg...
by jaybee9
Sat Apr 25, 2020 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 465
Views: 220544

Re: The Mega Backdoor Roth IRA

My pre-tax contributions currently go into an equity-heavy target date fund and with the market as it is right now, I especially don't want my after-tax contributions going into that since a sharp decline is possible. I don't know of any reason to be concerned about a decline. You are converting sh...
by jaybee9
Sat Apr 25, 2020 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 465
Views: 220544

Re: The Mega Backdoor Roth IRA

Retirement account funds aren’t an obstacle to retiring early as long as you have 5 years of living expenses saved in taxable. Then you setup a Roth Conversion ladder when you have no other income and you’re good to go. I have small taxable savings compared to my retirement accounts. My thought is ...
by jaybee9
Sat Apr 25, 2020 1:12 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 465
Views: 220544

Re: The Mega Backdoor Roth IRA

March market crash create great opportunities to invest into equity and do mega Roth IRA. I don't disagree that there are opportunities but between the time I make the after-tax contribution and prior to the in-plan Roth conversion I don't think it's worth risking a drop, which is entirely possible...
by jaybee9
Sat Apr 25, 2020 12:30 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 465
Views: 220544

Re: The Mega Backdoor Roth IRA

I've read up about Mega Backdoor Roths over the last while and have talked to my 401(k) administrator (Fidelity) a couple times. I'm about ready to start doing it but wanted to get some feedback on an approach I devised that works within my plan's constraints. My plan allows me to convert after-tax ...
by jaybee9
Thu Apr 16, 2020 6:26 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16683

Re: What percentage of your paycheck do you invest?

Including match,
Pre-tax: 39%
Post-tax: 42%
by jaybee9
Mon Mar 09, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 4309
Views: 300175

Re: Refinance Mega Thread

In a different but refinance-related vein, I have been getting tons of junk mail related to my mortgage since refinancing with AimLoan.com a few weeks ago. What is the source of this and is there anything I can do to stop/reduce it?
by jaybee9
Wed Mar 04, 2020 7:37 pm
Forum: Investing - Theory, News & General
Topic: "Can Low Retirement Savings Be Rationalized?"
Replies: 184
Views: 10191

Re: "Can Low Retirement Savings Be Rationalized?"

If we look at the delta between super savers and "the rest", this graphic illustrates where the super savers are pulling the funds from in order to super save being mainly the difference from what we already know are the "big 3" expenses in life - cars/transportation, housing, and essential househo...
by jaybee9
Tue Mar 03, 2020 10:00 pm
Forum: Investing - Theory, News & General
Topic: "Can Low Retirement Savings Be Rationalized?"
Replies: 184
Views: 10191

Re: "Can Low Retirement Savings Be Rationalized?"

HEDGEFUNDIE wrote:
Tue Mar 03, 2020 9:52 pm
Great article. Slays many of the sacred cows around here.
Which ones in particular?
by jaybee9
Tue Mar 03, 2020 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Re: Need to complete FAFSA if already have scholarship?

FWIW, this is at a large private university. I emailed them last weekend and got kind of a "it's a moot point since deadline is past". How can the deadline be passed? You can still file FAFSA up until the end of the 2020-2021 school year. Yeah, I was scratching my head as well on their response (he...
by jaybee9
Fri Feb 28, 2020 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Re: Need to complete FAFSA if already have scholarship?

At least one school offered DS4 a $250 scholarship just for filing the FAFSA before x date (this was just before the switch from January to prior October filing date). Would you skip $250 to avoid the FAFSA? It was a no brainer for us, we always file FAFSA for TAP and PELL. Interesting. For $250, I...
by jaybee9
Fri Feb 28, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Re: Need to complete FAFSA if already have scholarship?

If you check with the school, come back and let us know the answer. I'll bet the answer is that FAFSA is not needed, because it almost never is. First off thanks all for you replies, I am belatedly getting back to this. FWIW, this is at a large private university. I emailed them last weekend and go...
by jaybee9
Fri Feb 28, 2020 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Re: Need to complete FAFSA if already have scholarship?

My least favorite advice repeated often on this forum is "fill out the FAFSA just in case." Really, it is either required, which you can find out from the university, or it is not. Finding out whether it is required or not is easier and less intrusive than filling out the form. And yes, the schools...
by jaybee9
Fri Feb 28, 2020 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Re: Need to complete FAFSA if already have scholarship?

As is clear from this post merit financial aid is very much school dependent. ... When the merit scholarship applies they adjust the total and split the two remaining payments. I say NO, and apply the overpayment to just the second payment. Leaving the correct third payment due. This leads to a wee...
by jaybee9
Sat Feb 22, 2020 12:06 am
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Re: Need to complete FAFSA if already have scholarship?

HomeStretch wrote:
Fri Feb 21, 2020 11:42 pm
You may want to call the school’s financial aid office for a definitive answer. Don’t take a chance with a full scholarship!
Yeah I will reach out to them I think. It was a merit scholarship so still doesn't seem like it would be needed.
by jaybee9
Fri Feb 21, 2020 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Need to complete FAFSA if already have scholarship?
Replies: 24
Views: 1339

Need to complete FAFSA if already have scholarship?

I got an email yesterday reminding me to fill out FAFSA again for this coming school year so my child can get financial aid. My child already has a full tuition scholarship for the coming school year so I don't think there is any point to completing FAFSA this year. Is my thinking correct?
by jaybee9
Fri Feb 21, 2020 6:29 pm
Forum: Personal Investments
Topic: Fine-Grained 529/ESA Asset Allocation for Ages > 18
Replies: 2
Views: 229

Re: Fine-Grained 529/ESA Asset Allocation for Ages > 18

I'm confused. How would you have choices to match up duration to need (at least in the 529)? MESP has a limited roster of options, like 100% Fixed Income Option, which you cannot slice-and-dice. I plan on doing the "hold 1-2 year's worth" in the Guaranteed Interest pot and the remaining in the Fixe...
by jaybee9
Fri Feb 21, 2020 12:30 am
Forum: Personal Investments
Topic: Fine-Grained 529/ESA Asset Allocation for Ages > 18
Replies: 2
Views: 229

Fine-Grained 529/ESA Asset Allocation for Ages > 18

It seems like most of the questions regarding 529s/ESAs are with respect to asset allocation for children younger than 18. I estimate I will have one or more kids in college continuously for the next 15+ years. I have the bulk of my education savings money (85%) invested in Michigan 529 plans for ea...
by jaybee9
Sat Feb 15, 2020 12:04 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 4309
Views: 300175

Re: Refinance Mega Thread

Closed today with AIM Loan on what was to be a no-cost 15 yr fixed loan at 3.375%. At the time when I applied I thought that their guaranteed loan costs were fixed. It turns out they can actually be less. The title fees were $90 less and the recording fees were $30 lower. So it turns out I got a lit...
by jaybee9
Wed Feb 12, 2020 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot access credit reports - Equifax and TransUnion
Replies: 12
Views: 1075

Re: Cannot access credit reports - Equifax and TransUnion

I had to recently thaw my credit and was having trouble with doing it Equifax's website. I called their number and talked to an agent and was able to take care of it that way. It seems like they were a little more forgiving on the phone when I was fuzzy on responses to obscure questions like "What ...
by jaybee9
Tue Feb 11, 2020 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot access credit reports - Equifax and TransUnion
Replies: 12
Views: 1075

Re: Cannot access credit reports - Equifax and TransUnion

I had to recently thaw my credit and was having trouble with doing it Equifax's website. I called their number and talked to an agent and was able to take care of it that way. It seems like they were a little more forgiving on the phone when I was fuzzy on responses to obscure questions like "What i...
by jaybee9
Tue Feb 11, 2020 11:10 pm
Forum: Personal Consumer Issues
Topic: Thoughts on buying cheap, used, short range EV
Replies: 87
Views: 5431

Re: Thoughts on buying cheap, used, short range EV

I know someone who ended up purchasing two used BMW i3's for the same reason you noted that even after just being several years old with not a ton of miles there was significant depreciation. I took a serious look at picking one up but a couple things caused me to look elsewhere. First, he lives in ...
by jaybee9
Sat Feb 01, 2020 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Re: Taxes on foreign (Korean) inheritance?

I think you need to minimally determine: 1. Whether the Korean entity is treated as a flow-through entity / disregarded entity for US tax purposes 2. Whether your wife has signing authority over the Korean entity’s account(s) - May determine if FBAR is needed 3. Whether the Korean entity is going t...
by jaybee9
Fri Jan 31, 2020 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Re: Taxes on foreign (Korean) inheritance?

I don't see what potentially receiving an inheritance in 2020 has to do with filing a return for 2019. Assuming you receive the funds in 2020, From 3520 will be due by 4/15/2021 (or 10/15/2021, if you're on extension). The sale was completed in December and the money is in a joint Korean account bu...
by jaybee9
Fri Jan 31, 2020 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Re: Taxes on foreign (Korean) inheritance?

General Rule: Foreign Gifts In general, a foreign gift is money or other property received by a U.S. person from a foreign person that the recipient treats as a gift or bequest and excludes from gross income. A “foreign person” is a nonresident alien individual or foreign corporation, partnership o...
by jaybee9
Fri Jan 31, 2020 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Re: Taxes on foreign (Korean) inheritance?

I don't see what potentially receiving an inheritance in 2020 has to do with filing a return for 2019. Assuming you receive the funds in 2020, From 3520 will be due by 4/15/2021 (or 10/15/2021, if you're on extension). The sale was completed in December and the money is in a joint Korean account bu...
by jaybee9
Fri Jan 31, 2020 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Re: Taxes on foreign (Korean) inheritance?

To the best of my knowledge you should not have any US tax liability as a result of receiving a bequest from a foreign estate. If the amount you receive is over USD 100K, you must file an information return (IRS Form 3520). See https://www.irs.gov/businesses/gifts-from-foreign-person. Thank you! Do...
by jaybee9
Fri Jan 31, 2020 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Re: Taxes on foreign (Korean) inheritance?

To the best of my knowledge you should not have any US tax liability as a result of receiving a bequest from a foreign estate. If the amount you receive is over USD 100K, you must file an information return (IRS Form 3520). See https://www.irs.gov/businesses/gifts-from-foreign-person. Thank you! Do...
by jaybee9
Fri Jan 31, 2020 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on foreign (Korean) inheritance?
Replies: 12
Views: 932

Taxes on foreign (Korean) inheritance?

As it's tax time, I have been wondering about how to deal with the inheritance from my father-in-law's estate. He had real estate that was sold (for a loss) in early December. Due to various factors, there were some pretty hefty taxes levied and some additional ones are still being determined (by Ma...
by jaybee9
Sat Jan 25, 2020 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 4309
Views: 300175

Re: Refinance Mega Thread

I have started the application process with AimLoan (AL) and LenderFi (LF). I also inquired with Navy Federal (NF) just because I have used them in the past. One thing the lady I spoke to offered up is that NF has an average time to close of 75 to 80 days right now. Given that they also appear to be...
by jaybee9
Wed Jan 22, 2020 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: How do you track your monthly expenses/overall financial picture?
Replies: 37
Views: 3649

Re: How do you track your monthly expenses/overall financial picture?

One of the reasons I use my own spreadsheet is because I own and control my own data, as long as I save it and keep it backed up, I will always have the data and I can always use it how I want. Whereas if you use proprietary software you end up getting trapped because you have years of data in that...
by jaybee9
Tue Jan 21, 2020 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 4309
Views: 300175

Re: Refinance Mega Thread

So I went back thru the thread to date and compiled a list of all the suggestions for where to search for refinancing options. Here it is: aimloan.com lenderfi.com loandepot.com Provident Funding Current loan servicer Costco Lending Tree https://www.penfed.org/mortgage-center/mortgages United Wholes...
by jaybee9
Mon Jan 20, 2020 6:53 pm
Forum: Personal Consumer Issues
Topic: Best Italian restaurant in Paris?
Replies: 12
Views: 1204

Re: Best Italian restaurant in Paris?

TXGator wrote:
Mon Jan 20, 2020 1:14 pm
I’ve saved this for our next Paris trip!

https://www.nytimes.com/2019/12/04/trav ... Paris.html
Thanks this is awesome too. You guys are a collective wealth of info!
by jaybee9
Mon Jan 20, 2020 6:01 pm
Forum: Personal Consumer Issues
Topic: Best Italian restaurant in Paris?
Replies: 12
Views: 1204

Re: Best Italian restaurant in Paris?

Well, well. The husband lived in Italy. His honeymoon? This is a strange request. Is it his request or your desire? I would think that either, they go to Italy for the honeymoon, or they look to eat good French cuisine if they are in Paris. When in Rome, do as the Romans do. When in Paris........ Y...
by jaybee9
Mon Jan 20, 2020 5:53 pm
Forum: Personal Consumer Issues
Topic: Best Italian restaurant in Paris?
Replies: 12
Views: 1204

Re: Best Italian restaurant in Paris?

Although controversial, for many centuries, it was accepted culinary history that French cuisine is derived from the madre cucina italiana, specifically when Catherine de Medici married Henry II of Valois and brought her retinue with her. Olive oil, emphasizing sauces, sorbet, ice cream etc. So, in...