Search found 92 matches

by MBB_Boy
Sat May 16, 2020 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Rent is increased by 6%, negotiation tips?
Replies: 60
Views: 5087

Re: Rent is increased by 6%, negotiation tips?

Occupancy rate also matters here. If their occupancy is high, you'll have less leverage. Do you see them doing a lot of tours or move in specials?
by MBB_Boy
Sat May 16, 2020 11:14 am
Forum: Personal Investments
Topic: What NOW!! [Portfolio help]
Replies: 38
Views: 2265

Re: What NOW!! [Portfolio help]

Thank all of you for your guidance and comments. At this point setting up appointment with Vanguard advisor, sitting on sidelines waiting for election season to be over. I fear that the worst is yet to come and my comfort level is low. This is the same mistake you just made. Dont invest based on wh...
by MBB_Boy
Sat May 16, 2020 11:09 am
Forum: Personal Investments
Topic: What NOW!! [Portfolio help]
Replies: 38
Views: 2265

Re: What NOW!! [Portfolio help]

I had a plan and abandoned it and found that my risk tolerance had changed and I did not adjust. I have followed and try to be a conservative investor for the last 15 years. I semi retired from my dental practice and sold it in January. Spent two months on the beach and Covid -19 happened and being...
by MBB_Boy
Sat May 16, 2020 10:51 am
Forum: Personal Investments
Topic: Please tell me I'm not crazy [Best way to manage an EF?]
Replies: 171
Views: 10360

Re: Please tell me I'm not crazy [What to do with "idle" cash?]

OP, FWIW, I empathize with You And don't think you were being unreasonable at all. A 3-6 month emergency fund based on personal factors is the advice, and you were in that range. And to your point, this assumes no change in spending which is obviously unrealistic if you lose your job. I'm all about ...
by MBB_Boy
Sun May 10, 2020 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Very Low Student Loan Interest Rate - Invest Instead?
Replies: 34
Views: 1851

Re: Very Low Student Loan Interest Rate - Invest Instead?

We are in very similar circumstances (although I’m in healthcare and not law). I make 200k a year now and graduated with 150k in student loans. For the past year and a half I have tried to pay them off more aggressively. I’m currently at 65k principal and should be done by the end of next year at m...
by MBB_Boy
Fri May 08, 2020 11:12 am
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3068

Re: iPad.. worth it?

What's wrong with a Fire tablet? Under a 100 bucks, basically a big Android phone With so many Amazon bloatware, and limited android apps? No thanks. I have tried it before and returned it Roger. FWIW, you can download the Google play store separately to get around the app restrictions. Takes about...
by MBB_Boy
Thu May 07, 2020 5:49 pm
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3068

Re: iPad.. worth it?

What's wrong with a Fire tablet? Under a 100 bucks, basically a big Android phone
by MBB_Boy
Thu May 07, 2020 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital: You Index vs Performance
Replies: 10
Views: 1094

Re: Personal Capital: You Index vs Performance

The You Index is your current set of funds, and the performance assumes you held them YTD. If you make big changes in allocation, this will update immediately. Your performance actually takes into account your activity, so timing of purchases matters here. It's the one that matters most in my opini...
by MBB_Boy
Wed May 06, 2020 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital: You Index vs Performance
Replies: 10
Views: 1094

Re: Personal Capital: You Index vs Performance

The You Index is your current set of funds, and the performance assumes you held them YTD. If you make big changes in allocation, this will update immediately. Your performance actually takes into account your activity, so timing of purchases matters here. It's the one that matters most in my opinio...
by MBB_Boy
Sat May 02, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5319

Re: Do you keep moving your cash around chasing yield?

Sort of. I have 5 or 6 accounts from the high yield players and move around between them based on who is highest. It's not worth it anymore to open new accounts, the difference isn't big enough. I

They are all connected to each other, so it's pretty easy to swap around
by MBB_Boy
Sat Apr 18, 2020 11:41 am
Forum: Personal Investments
Topic: NFCU 3%+ Certificates
Replies: 22
Views: 2139

Re: NFCU 3%+ Certificates

If I am reading this correctly, the Special EasyStart Certificate @ 3.5% allows you to put a MAXIMUM of $3,000 in it? I’m not sure that’s worth it (for me) to change my direct deposit, etc. NFCU's "Easy Start" certificates are sorta "entry level" offerings. They often have other specials as well. C...
by MBB_Boy
Fri Apr 17, 2020 6:15 pm
Forum: Personal Consumer Issues
Topic: Eating out after lock-down is lifted
Replies: 112
Views: 10187

Re: Eating out after lock-down is lifted

I'm someone who eats out way too often. For many years it had to be 400+ times (every work day for lunch, plus frequent dinners out and an occasional breakfast). Probably not healthy (quantities too large, food cooked in grease, etc) so I have a lot of experience as a customer. And have talked/watc...
by MBB_Boy
Sat Apr 11, 2020 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Had trouble finding an easy-to-use Spending/Investment Tracking software. What's your favorite?
Replies: 19
Views: 1039

Re: Had trouble finding an easy-to-use Spending/Investment Tracking software. What's your favorite?

I'm a long time Personal Capital user, and it's geared toward what you want. Not a big emphasis on budgeting, more about tracking and really good about investing. As far as security goes, I'm not worried. I work in banking, and their security is at the same level as most banks. More relevant, its ac...
by MBB_Boy
Wed Apr 01, 2020 3:53 pm
Forum: Personal Investments
Topic: Mega Backdoor Contribution % question
Replies: 20
Views: 1419

Re: Mega Backdoor Contribution % question

An update: I've learned a few additional details about my specific plan, which in turn leads to a couple new questions. New information... There is no company true-up, meaning I'll have to time my contributions to the last paycheck of the year They do continue matching, meaning that once I'm only c...
by MBB_Boy
Sat Mar 28, 2020 10:35 am
Forum: Personal Finance (Not Investing)
Topic: MBA Worth It?
Replies: 88
Views: 5843

Re: MBA Worth It?

What field does she want to change into? If consulting, then an MBA from a top tier school may be helpful. If just general management, not so sure. I volunteer with an MBA program. The competition for excellent female candidates is quite fierce. I wouldn't take the $35K as the last word on assistan...
by MBB_Boy
Fri Mar 27, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: MBA Worth It?
Replies: 88
Views: 5843

Re: MBA Worth It?

"3. With a look at schools, does anyone have advice on going with a school with a scholarship vs. one with no scholarship but maybe slightly more prestigious? School is Chicago Booth (scholarship) vs. UPenn Wharton (no scholarship)." Consulting firms recruit from both of these superlative programs....
by MBB_Boy
Fri Mar 27, 2020 9:23 am
Forum: Personal Finance (Not Investing)
Topic: MBA Worth It?
Replies: 88
Views: 5843

Re: MBA Worth It?

Thanks for all the advice thus far! In regards to some of the questions: 1. She has a plan and timeline. The goal is to get into management consulting at MBB or a 2nd tier in the DFW area. 2. We understand that consulting is a grind - if she goes to get her MBA, we will be living apart for 2 years ...
by MBB_Boy
Fri Mar 27, 2020 9:16 am
Forum: Personal Finance (Not Investing)
Topic: MBA Worth It?
Replies: 88
Views: 5843

Re: MBA Worth It?

What field does she want to change into? If consulting, then an MBA from a top tier school may be helpful. If just general management, not so sure. I volunteer with an MBA program. The competition for excellent female candidates is quite fierce. I wouldn't take the $35K as the last word on assistan...
by MBB_Boy
Mon Mar 23, 2020 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for better Checking Interest Bearing Account - Anyone have any experience with Simple
Replies: 14
Views: 939

Re: Looking for better Checking Interest Bearing Account - Anyone have any experience with Simple

Check out Varo. Basically the same thing, but 1.92% interest, 2.8% with 1000 a month direct deposit + 5 debut swipes
by MBB_Boy
Sat Mar 21, 2020 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Why are private student loan rates still high
Replies: 11
Views: 659

Re: Why are private student loan rates still high

I was looking to refinance my student loan with online lenders like Sofi. Interest rates have not dropped despite Fed fund rate dropping to 0. What's going on? [/quote Why would they have dropped? They have been tracking the Fed rate. They went up as the Fed raised, and went down when the Fed dropp...
by MBB_Boy
Sat Mar 14, 2020 4:09 pm
Forum: Personal Consumer Issues
Topic: Anyone taking advantage of extremely cheap flights?
Replies: 33
Views: 2957

Re: Anyone taking advantage of extremely cheap flights?

I am. Looking at some trips over the summer - if conditions are still bad, will just move them out further / take a refund. I'm guessing the current airline policy will still apply if conditions are the same or worse. Not worried about ethical quandries - we aren't going anywhere for months, so woul...
by MBB_Boy
Tue Mar 10, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 284
Views: 42074

Re: 30 year mortgage under 3%

SwampDonkey wrote:
Sun Mar 08, 2020 10:26 pm
MBB_Boy wrote:
Sat Mar 07, 2020 10:48 am
I just did a 2.75 30yr with my current lender (Freedom Mortgage) - streamline refinance, so no cost or hassle. Signed some forms, not even a credit check
Was this a VA loan? If so, did you have to pay the .5% funding fee?
It was, and no
by MBB_Boy
Tue Mar 10, 2020 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 284
Views: 42074

Re: 30 year mortgage under 3%

I just did a 2.75 30yr with my current lender (Freedom Mortgage) - streamline refinance, so no cost or hassle. Signed some forms, not even a credit check Hm, this sounds interesting. I have two houses financed by Freedom Mortgage. My mortgages are both 7 year old, 30 year fix at 3.25% and 3.5% resp...
by MBB_Boy
Tue Mar 10, 2020 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: The unicorn mortgage: 30 year fixed under 3%
Replies: 82
Views: 12243

Re: The unicorn mortgage: 30 year fixed under 3%

Called my lender Freedom Mortgage today, was offered 2.75% for 30yr at no cost as a streamline refinance. Don't even have to do a credit check. Very smart of them, I was logging in to get the details necessary to reach out to other lenders about a refi - they put up a big ole interstitial saying to...
by MBB_Boy
Sat Mar 07, 2020 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 284
Views: 42074

Re: 30 year mortgage under 3%

I just did a 2.75 30yr with my current lender (Freedom Mortgage) - streamline refinance, so no cost or hassle. Signed some forms, not even a credit check
by MBB_Boy
Thu Mar 05, 2020 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: The unicorn mortgage: 30 year fixed under 3%
Replies: 82
Views: 12243

Re: The unicorn mortgage: 30 year fixed under 3%

Called my lender Freedom Mortgage today, was offered 2.75% for 30yr at no cost as a streamline refinance. Don't even have to do a credit check. Very smart of them, I was logging in to get the details necessary to reach out to other lenders about a refi - they put up a big ole interstitial saying to ...
by MBB_Boy
Sat Feb 22, 2020 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital and Ally Bank
Replies: 45
Views: 5943

Re: Personal Capital and Ally Bank

A number of financial firms these days have switched to tokenization, where a user only enters credentials once, which generates and saves a long and secure alphanumeric key, then discards your username/password. That token then maintains the connection between your bank and the aggregation site, e...
by MBB_Boy
Sat Feb 08, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 7946

Re: What do you/did you spend your bonus on?

Nice watch for myself, and date night with the wife. Won't even glance the prices for once!

This is also on a 5 figure bonus, so plenty left over to plow into our taxable. Although we front load 401ks and IRAs, so going to wait until after bills this month to make sure we are clear
by MBB_Boy
Sat Feb 01, 2020 11:19 am
Forum: Personal Investments
Topic: Investing: Bank vs. Online Brokerage Accounts
Replies: 12
Views: 1150

Re: Investing: Bank vs. Online Brokerage Accounts

Don't forget all the fintechs, like SoFi, M1 Finance, and Roninhood, that have always been free as well
by MBB_Boy
Fri Jan 31, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lets clients now trade fractional shares of stocks and ETFs
Replies: 174
Views: 16051

Re: Fidelity lets clients now trade fractional shares of stocks and ETFs

Amazing how what looked like a competitive advantage to Schwab a month ago is commoditized so quickly.... I guess they were planning this for a while. I can't imagine Fidelity turned this feature around in 4 weeks. On top they are going to do it for ETFs putting pressure back on Schwab... Now it is...
by MBB_Boy
Sat Jan 25, 2020 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Personal Capital and Ally Bank
Replies: 45
Views: 5943

Re: Personal Capital and Ally Bank

For everyone's situational awareness, there are often pissing matches behind the scenes between banks and aggregators like Personal Capital, Mint, etc. Boils down to two things: Banks really don't like the aggregators pulling all of their information and giving it to consumers. The first reason is b...
by MBB_Boy
Fri Nov 29, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Help getting to full $57K in 401K
Replies: 4
Views: 903

Re: Help getting to full $57K in 401K

Two additional things weighing on my mind: 1. The employer match does not vest immediately - does this affect its applicability toward the 57K limit? I assume it does not 2. What's the penalty / process for over-contributing? My own search indicates that as long as you direct HR to remove the exces...
by MBB_Boy
Fri Nov 29, 2019 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Help getting to full $57K in 401K
Replies: 4
Views: 903

Re: Help getting to full $57K in 401K

Couple of things to keep in mind. 1. After-tax contributions are subject to ADP (Anti Discrimination Provision) testing even in safe-harbor plans where the employer does profit sharing even without the employee contributing. 2. If a plan does not have checks and balances built in to prevent an empl...
by MBB_Boy
Fri Nov 29, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Help getting to full $57K in 401K
Replies: 4
Views: 903

Help getting to full $57K in 401K

Hello all, Working on financial planning for 2020, and needed some help understanding an aspect of DW's 401K. We both have excellent employee benefits, which offer a employee contribution match, a employer contribution ("profit sharing, so no contribution required on our end), after-tax contribution...
by MBB_Boy
Sun Nov 24, 2019 3:20 pm
Forum: Investing - Theory, News & General
Topic: Where does the money come from?
Replies: 54
Views: 7234

Re: Where does the money come from?

2019 is looking like a year where all asset classes have made significant gains. Please correct me if I am missing something. In order to drive up the price of all these financial and real estate assets, where is the money coming from? I would expect that some asset classes would go down in order f...
by MBB_Boy
Sun Nov 24, 2019 3:06 pm
Forum: Personal Investments
Topic: High Earning Millennial (Not Rich Yet):Need Advice on Real Estate Hold or Sell
Replies: 11
Views: 2371

Re: High Earning Millennial (Not Rich Yet):Need Advice on Real Estate Hold or Sell

You mention 50% chance of being relocated back....but what are the chances you stay long term in the new area? If you're just going to move again (not necessarily to where you are now), then I'd say rent your current place in case you return, and then rent in the new place as opposed to buying. If y...
by MBB_Boy
Sat Nov 23, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: [Tesla truck]
Replies: 170
Views: 12798

Re: I'm thinking DeLorean, aren't you?

I'm a Tesla owner who has an F150 as well. I had very low expectations for this reveal, and I am still disappointed.

I'm a bit embarrassed to be a Tesla fan, and the cognitive dissonance I see from overwhelmingly positive responses in Tesla forums gives us all a bad name
by MBB_Boy
Mon Nov 11, 2019 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinance Suggestions
Replies: 13
Views: 1144

Re: Student Loan Refinance Suggestions

We were able to get 1.81 with Sofi, 5 year variable.
by MBB_Boy
Sun Nov 10, 2019 1:55 pm
Forum: US Chapters
Topic: U. S. Marine Corps Birthday
Replies: 22
Views: 1942

Re: U. S. Marine Corps Birthday

Oohrah!
by MBB_Boy
Sat Aug 17, 2019 8:29 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7908

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

Since June of last year I have redeemed $1,000 of flights, $1,150 of cash back, $150 price match rebates, $120 of airline credits, and $180 of food credits for $250 in annual fees and I have paid $4.73 life time for interest because I set autopay to minimum payment accidentally. Does a $2,350 benef...
by MBB_Boy
Sat Aug 17, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 247
Views: 7908

Re: Does anyone here have no credit cards? How is that working out for you? Do you have any trouble without them?

With no intended slight to the OP, I have to say this is an example of the really, really, really bad influence that Dave Ramsey has. In an effort to tell people that being in debt is bad, he has managed to convince people that simply having a credit card is bad. Good grief. If you use a credit car...
by MBB_Boy
Sat Aug 17, 2019 8:06 am
Forum: Investing - Theory, News & General
Topic: Why Zero (or Negative) Interest Rates Could Someday Make Sense
Replies: 92
Views: 7284

Re: Why Zero (or Negative) Interest Rates Could Someday Make Sense

I still don't buy it. Why would I ever invest $100 in a bond for the chance (<100% - from default) that it would mature at $99 (or less) if I could instead hold cash for 100% chance of maturing at $100? Even if there was no default risk, it doesn't make sense to me. Where would you store your stack...
by MBB_Boy
Wed Jul 17, 2019 12:59 pm
Forum: Personal Investments
Topic: Add on CD as insurance against falling rates
Replies: 9
Views: 1405

Re: Add on CD as insurance against falling rates

GTE Financial is doing a 5 year add-on at 3 percent. Minimum is 500
by MBB_Boy
Sun Jul 14, 2019 10:54 am
Forum: Personal Consumer Issues
Topic: WaPo: "Mobile Passport" is the best-kept secret in air travel
Replies: 47
Views: 9075

Re: WaPo: "Mobile Passport" is the best-kept secret in air travel

We've had Global Entry for years, but on our return trip from Australia in April we decided to try mobile passport. It was probably just as easy. We love Precheck that comes with Global Entry, but when our current Global Entry comes up for renewal we may just cut back to Precheck by itself and use ...
by MBB_Boy
Thu Jun 20, 2019 5:08 pm
Forum: Personal Investments
Topic: Anyone using M1 financial?
Replies: 9
Views: 1465

Re: Anyone using M1 financial?

Big fan of M1. Have been using them for a while, although only for the investing account. They are expanding into other services (lending at a pretty good rate, "checking" account with debit card). It's very easy to use, the watchlist function is pretty good (calculates performance from time you put...
by MBB_Boy
Thu Jun 13, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: Opening a Robinhood account for fun - Is it worth it?
Replies: 25
Views: 4104

Re: Opening a Robinhood account for fun - Is it worth it?

M1 Finance Let's you build "pies" with pretty much anything that trades on the NYSE or NASDAQ including individual stocks and ETFs. You set the allocation per pie as you want (e.g. you could have 100 stocks at 1% each, 50 stocks with 5 at 1%, 10 at 2%, etc.). No commissions or account maintenance f...
by MBB_Boy
Sat May 11, 2019 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Chase Premier Plus Checking - How to earn maximum interest?
Replies: 17
Views: 1584

Re: Chase Premier Plus Checking - How to earn maximum interest?

Is there a reason you're limiting yourself to this checking account? There are so many free options out there, plenty which also pay no interest.

And some that pay quite a bit - like SoFI at 2.25%
by MBB_Boy
Sun Mar 10, 2019 9:11 am
Forum: Personal Investments
Topic: USAA
Replies: 18
Views: 3138

Re: USAA

Big Dog wrote:
Sun Mar 10, 2019 12:33 am
a 40 year member of USAA but dropped their bank & brokerage & mutual funds years ago. Just not worth the higher fees.
What bank fees? All their accounts and cards are fee free
by MBB_Boy
Sat Feb 09, 2019 11:01 am
Forum: Personal Consumer Issues
Topic: Wasting Electricity for Fun and Profit
Replies: 58
Views: 5761

Re: Consuming Electricity for Fun and Profit

FWIW, this is not representative of all plans in the state. I have a normal plan with tiered usage costs where I typically get to the marginal rate of .07kwh. (Starts at .02) Texas energy policy and management really contributes to low cost of living. It's one of the many advantages of living here, ...
by MBB_Boy
Sat Feb 09, 2019 10:41 am
Forum: Personal Consumer Issues
Topic: How many hours do you work and what do you outsource
Replies: 88
Views: 8250

Re: How many hours do you work and what do you outsource

Laundry should be easy. I don't know you, but I have seen that perfectionists waste a lot of time on laundry. Our laundry room is off the hallway between the kitchen and the dining room. We throw clothes on the floor of the laundry room or in the washer. Then when we feel like it, we run the washer...