Search found 134 matches

by CalculatedRisk
Sat Nov 30, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant Credit Union security?
Replies: 8
Views: 626

Re: Alliant Credit Union security?

it suggests a wider problem. The wider problem may be that you were phished. If you log in using a fake website, the perpetrators can intercept both your login/password and a session cookie that allows them to avoid requiring 2FA. Did the 2FA text you got include a link? Did you follow that link or...
by CalculatedRisk
Fri Nov 29, 2019 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Toyota loyalty cash work around question
Replies: 19
Views: 1735

Re: Toyota loyalty cash work around question

I would tell the dealer to give me the extra $2k off, or I walk and go elsewhere. These types of discounts are usually provided by the automaker, rather than the dealer, so it’s usually not up to the dealer to make an exception. That being said, I agree that it doesn’t hurt to ask, if he hasn’t don...
by CalculatedRisk
Fri Nov 29, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Fiancée refinancing student loans. Add her to my savings account?
Replies: 9
Views: 1021

Re: Fiancée refinancing student loans. Add her to my savings account?

If you are committed to helping her pay off the loans, then why not put the $50,000 toward the current balance? Then maybe she could qualify for the lower rate with her income and no co-signing. But don’t do it until you are married. Because I don’t want to show up and pay off her debts. I rather h...
by CalculatedRisk
Fri Nov 29, 2019 2:16 am
Forum: Personal Investments
Topic: Isn't it a bad idea to have everything in equity I thought?
Replies: 58
Views: 4908

Re: Isn't it a bad idea to have everything in equity I thought?

thelateinvestor43 wrote:
Fri Nov 29, 2019 1:50 am
That means I'm going to be 100% stocks for many more years! YIKES!!
Do what you’re comfortable with. If that is 70-30 stocks/bonds, then do that. However, you need to provide more info to get sound advice. What is your age? Income? Other retirement savings?
by CalculatedRisk
Fri Nov 29, 2019 2:07 am
Forum: Personal Finance (Not Investing)
Topic: Fiancée refinancing student loans. Add her to my savings account?
Replies: 9
Views: 1021

Re: Fiancée refinancing student loans. Add her to my savings account?

I appreciate the responses! Insight into how the bank would treat the joint account and what documentation is generally required would also be helpful.
by CalculatedRisk
Fri Nov 29, 2019 12:29 am
Forum: Personal Finance (Not Investing)
Topic: Fiancée refinancing student loans. Add her to my savings account?
Replies: 9
Views: 1021

Fiancée refinancing student loans. Add her to my savings account?

My fiancée is refinancing her student loan of about $140k. We’re getting married in about a month. We want to be aggressive paying down the loan together and want her to get a short (7-year?) term that has a lower interest rate. Based on her current financials (income and limited savings), the lende...
by CalculatedRisk
Thu Nov 28, 2019 9:43 pm
Forum: Personal Investments
Topic: Amazing Job Security and Implications for Asset Allocation
Replies: 17
Views: 1881

Re: Amazing Job Security and Implications for Asset Allocation

I don’t think “amazing job security” is necessarily such a good thing. You should analyze why it is so secure and how you can use that leverage. One way to get such job security is to be underpaid. Why would the school/company/firm push you out when they are paying you 70% of the going market rate? ...
by CalculatedRisk
Thu Nov 28, 2019 1:19 am
Forum: Personal Investments
Topic: Good books for rental properties?
Replies: 16
Views: 849

Re: Good books for rental properties?

If you haven't been there yet, check out the BiggerPockets forum: https://www.biggerpockets.com/forums Most of the books are kind of useless, focus on what you want to do? Do plan to get positive cash flow or invest for appreciation? The one thing I do like is 1% or 2% rule, beyond that maybe ask s...
by CalculatedRisk
Thu Nov 28, 2019 1:15 am
Forum: Personal Investments
Topic: Good books for rental properties?
Replies: 16
Views: 849

Re: Good books for rental properties?

I would like to learn more about investing in residential rental properties. Any recommendations on good books to read and youtube videos to watch that will help guide my understanding? I'm less interested in the "Get rich with zero down!" variety and more interested in content that walks me throug...
by CalculatedRisk
Wed Nov 27, 2019 9:05 pm
Forum: Personal Investments
Topic: Roth IRA contribution
Replies: 13
Views: 943

Re: Roth IRA contribution

I'm exchanging funds from my total stock market index fund into a retirement index fund in my Roth IRA at my brokerage account to save a little bit from taxes. It sounds like you’re moving funds from a taxable account to a Roth IRA. When doing the exchange are the capital gains or loses added to th...
by CalculatedRisk
Wed Nov 27, 2019 3:59 pm
Forum: Personal Investments
Topic: Good books for rental properties?
Replies: 16
Views: 849

Good books for rental properties?

I would like to learn more about investing in residential rental properties. Any recommendations on good books to read and youtube videos to watch that will help guide my understanding? I'm less interested in the "Get rich with zero down!" variety and more interested in content that walks me through...
by CalculatedRisk
Wed Nov 27, 2019 2:14 am
Forum: Personal Investments
Topic: So I had my free phone call from Personal Capital . . .
Replies: 27
Views: 4007

Re: So I had my free phone call from Personal Capital . . .

What I don’t get is who decides how many/what sectors there are. Is there just a technology sector? Or should there be a consumer electronics sector AND an Internet sector? What about a big data or AI sector?

Personal Capitals’ strategy seems arbitrary at best and backward looking at worst.
by CalculatedRisk
Sat Nov 23, 2019 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Selling truck on Craigslist
Replies: 42
Views: 1921

Re: Selling truck on Craigslist

Cash Only. After you make sale, the both of you go to DMV and do paperwork . Very important! I sold a Car one time for Cash, gave the buyer Title sign by me. The buyer never went to DMV !!!! The seller submits a Notice of Transfer and Release of Liability to DMV within 5 days of releasing ownership...
by CalculatedRisk
Sat Nov 23, 2019 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Hard Life Changes - Help With Looking For Employment After 10 Years
Replies: 48
Views: 5810

Re: Hard Life Changes - Help With Looking For Employment After 10 Years

With a physics degree, you should consider being a patent agent at a law firm. You would work with patent attorneys, doing many of the same tasks. I hire physics/EE/CS guys directly out of undergrad for about $100k/year, then give pay raises to about $190k/year after about 5 years.
by CalculatedRisk
Sat Nov 23, 2019 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Selling truck on Craigslist
Replies: 42
Views: 1921

Re: Selling truck on Craigslist

Make sure the name on the bill of sale and the title transfer forms match the buyer’s drivers license. If a person sells more than a certain number of cars per year, they are treated as a dealer so folks who buy/sell on the side often use their parent’s, siblings’, cousin's’, etc names for the paper...
by CalculatedRisk
Sat Nov 23, 2019 10:52 am
Forum: Personal Investments
Topic: HSA Decision Help Please
Replies: 56
Views: 3778

Re: HSA Decision Help Please

You should also keep any tax returns with medical expense deductions to prove you aren't double dipping. Actually, if someone is keeping receipts to then get reimbursed later in life, such as in retirement, they need to keep all tax returns. It is their obligation to prove that they have not used t...
by CalculatedRisk
Thu Nov 21, 2019 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare open enrollment and imminent marriage
Replies: 6
Views: 478

Re: Healthcare open enrollment and imminent marriage

If you were both on a family plan on December 1 you could make the full family contribution for this year under the "last month rule" regardless of your previous coverage as long as you maintained coverage for the next year. Probably not worth changing the plans over... Thanks for the heads up! Thi...
by CalculatedRisk
Wed Nov 20, 2019 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Healthcare open enrollment and imminent marriage
Replies: 6
Views: 478

Healthcare open enrollment and imminent marriage

I'm getting married in the last week of this year. After getting married, I'll be moving to my spouse's health insurance, which will likely be high-deductible, qualifying us for an HSA and a limited FSA. - Is there anything I should do to optimize this scenario? - Any benefit to giving our jobs a he...
by CalculatedRisk
Sat Nov 16, 2019 7:55 pm
Forum: Personal Investments
Topic: Keeping my Co. 401k
Replies: 18
Views: 919

Re: Keeping my Co. 401k

I don't know about others on the forum, but when my assets started to exceed my coverage limits on things like auto insurance, I added a personal liability umbrella policy to cover my net worth. I may be presuming that this is what some people fear. Are folks concerned about some sort of judgement ...
by CalculatedRisk
Wed Oct 30, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance $120k student loans before or after marriage?
Replies: 32
Views: 1897

Re: Refinance $120k student loans before or after marriage?

Is she young enough to join the Guard? They offer up to $50,000 of federal student loan repayment (not private or state loans) for certain MOS. https://jobs.nationalguard.com/ngb/blog/army-national-guard-offers-a-way-to-pay-federal-student-loans/ Thanks for the suggestions. However, we're not consi...
by CalculatedRisk
Wed Oct 30, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Refinance $120k student loans before or after marriage?
Replies: 32
Views: 1897

Re: Refinance $120k student loans before or after marriage?

As a side benefit, there's also political uncertainty that could favor deferring this decision at least a year, assuming these are federal loans, though my advice would be the same in any case. I’m skeptical any future US president would sign on for canceling student loans for households earning $5...
by CalculatedRisk
Wed Oct 30, 2019 12:17 am
Forum: Investing - Theory, News & General
Topic: Learn Bond Basics In Minutes (new short videos in Wiki)
Replies: 3
Views: 1081

Re: Learn Bond Basics In Minutes (new short videos in Wiki)

If you're a beginner and well-edited videos help you learn, then you might want to check these out. ... Thanks for watching! Rick Van Ness Rick, Such an old post, I know, but your videos are what taught me the boglehead mentality—thanks for that! I’ve watched every single one of your “FinancingLife...
by CalculatedRisk
Tue Oct 29, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance $120k student loans before or after marriage?
Replies: 32
Views: 1897

Re: Refinance $120k student loans before or after marriage?

Goal33 wrote:
Tue Oct 29, 2019 7:58 pm
Refinance now to lock in a good thing and then evaluate again after you get married.
Seems like the solution is even more simple than I thought. Thank you!
by CalculatedRisk
Tue Oct 29, 2019 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance $120k student loans before or after marriage?
Replies: 32
Views: 1897

Re: Refinance $120k student loans before or after marriage?

I would recommend you not buy a house until after several years of marriage. This is a fair point, but "we're not like other couples!" No one knows what the future will bring. So far our relationship has been great. I understand that every marriage starts off great. :happy 900,000 in savings 5,000 ...
by CalculatedRisk
Tue Oct 29, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 12562

Re: Apple Pay. Does anyone use it?

@dollar_elbow, Count me as a newbie on the intricacies of using Apple Pay. What happens if I disable Touch ID or Face ID on the Apple iPhone? I am a bit privacy obsessed that I don’t want to unlock the iPhone with my finger print or face image /store them in the phone. I prefer and use either a pas...
by CalculatedRisk
Tue Oct 29, 2019 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance $120k student loans before or after marriage?
Replies: 32
Views: 1897

Refinance $120k student loans before or after marriage?

My fiancee and I are getting married in the next few months. We currently rent, but are looking to finance a ~$1.5M home in the next 6 months. She has about $120k in student loans at fairly high interest rates, which she wants to refinance. Her income is about $80k/year. She has about $20k in saving...
by CalculatedRisk
Sat Oct 26, 2019 3:11 pm
Forum: Personal Investments
Topic: Buy pacific gas and electric?
Replies: 49
Views: 5406

Re: Buy pacific gas and electric?

Update: It has been nearly a month, and PCG stock continues to climb higher. My friend has nearly doubled his $65K initial investment. I doubt that he has any plans to harvest his profits now though; I think he’s going to ride this all the way to the end. I’m intrigued by this case. In particular, ...
by CalculatedRisk
Sat Oct 12, 2019 8:14 pm
Forum: Personal Investments
Topic: Does Fidelity have a performance view?
Replies: 45
Views: 3517

Re: Does Fidelity have a performance view?

I have the performance feature, but it only includes my (relatively new) $15k HSA account, not my 15-year old 401k account. Maybe it is based on when the account was opened
by CalculatedRisk
Sat Oct 12, 2019 7:57 pm
Forum: Personal Investments
Topic: Chase $750 for depositing 75K
Replies: 89
Views: 14314

Re: Chase $750 for depositing 75K

ChowYunPhat wrote:
Sat Oct 12, 2019 11:11 am
Other posters confirmed you cannot use retirement accounts as part of the $75K new money.
Can you please share the link to the website where others are sharing their experiences?
by CalculatedRisk
Fri Sep 20, 2019 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rate discount: Roll 401k to Traditional IRA during backdoor Roth year?
Replies: 5
Views: 423

Re: Mortgage rate discount: Roll 401k to Traditional IRA during backdoor Roth year?

I'm working with Bank of the West, which offers a mortgage rate discount for moving a certain amount of funds over to their Wealth Management team. Any downsides? Can someone who has gone through this process with Bank of the West comment on the downsides? For example, is there a AUM fee even if I'...
by CalculatedRisk
Fri Sep 20, 2019 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage rate discount: Roll 401k to Traditional IRA during backdoor Roth year?
Replies: 5
Views: 423

Mortgage rate discount: Roll 401k to Traditional IRA during backdoor Roth year?

I'm working with Bank of the West, which offers a mortgage rate discount for moving a certain amount of funds over to their Wealth Management team. Any downsides? Can someone who has gone through this process with Bank of the West comment on the downsides? For example, is there a AUM fee even if I'm...
by CalculatedRisk
Thu Sep 12, 2019 11:52 am
Forum: Personal Investments
Topic: undervalued in the current crazy market
Replies: 19
Views: 1730

Re: undervalued in the current crazy market

Maybe I missed it, but what’s crazy about the current market?
by CalculatedRisk
Fri Aug 09, 2019 10:16 am
Forum: Personal Investments
Topic: Help Me Understand... [Broadcom buying Symantec division]
Replies: 3
Views: 617

Re: Help Me Understand... [Broadcom buying Symantec division]

Maybe I’m not understanding, but why would Symantec’s stock price go up? Yesterday they had an enterprise division worth 10.8B, tomorrow they will have a cash position worth 10.8B.
by CalculatedRisk
Tue Aug 06, 2019 1:28 pm
Forum: Personal Investments
Topic: Optimal way to receive a bonus (several variables involved)
Replies: 3
Views: 364

Re: Optimal way to receive a bonus (several variables involved)

Are you already contributing to the max 19k 401k limit? Would directing it to your 401k allow you to exceed the $19k limit? If so, I would do that.
by CalculatedRisk
Tue Aug 06, 2019 1:20 am
Forum: Personal Investments
Topic: Emergency $: best in Bank CD or brokerage acct VMMXX?
Replies: 16
Views: 2143

Re: Emergency $: best in Bank CD or brokerage acct VMMXX?

Here is my recent experience with having emergency funds in VUSXX with Vanguard. Day 1: At 5pm Pacific, I decided I needed the money. Vanguard would wire it one of my already linked bank accounts for $10, so no problem. $10 is quite a chunk of money when the interest rate is so low to begin with. I...
by CalculatedRisk
Thu Aug 01, 2019 7:07 pm
Forum: Personal Investments
Topic: Emergency $: best in Bank CD or brokerage acct VMMXX?
Replies: 16
Views: 2143

Re: Emergency $: best in Bank CD or brokerage acct VMMXX?

Here is my recent experience with having emergency funds in VUSXX with Vanguard. Day 1: At 5pm Pacific, I decided I needed the money. Vanguard would wire it one of my already linked bank accounts for $10, so no problem. However, the order to sell wouldn't be placed until the next day. I placed the o...
by CalculatedRisk
Wed Jul 10, 2019 2:03 pm
Forum: Personal Investments
Topic: Trying to "time the market" at annual rebalance ONLY?
Replies: 16
Views: 1632

Re: Trying to "time the market" at annual rebalance ONLY?

RadAudit wrote:
Mon Jul 08, 2019 7:25 am
I use to rebalance annually at the beginning of the year*. (Probably a bad time :oops: - but …)
Can you please explain why beginning of the year is a bad time to rebalance? Is it right before dividends are issued or something else?
by CalculatedRisk
Mon Jul 01, 2019 12:14 pm
Forum: Personal Investments
Topic: Munis vs Treasuries -- Check my math
Replies: 20
Views: 2046

Re: Munis vs Treasuries -- Check my math

It does seem like a slight waste to clog up potential 401k equity growth space with bonds; however, waste appears unavoidable with the other options too. I did not see your "other options" in this thread. Considering all the misunderstandings that were corrected in this thread, you should consider ...
by CalculatedRisk
Mon Apr 22, 2019 2:05 pm
Forum: Personal Investments
Topic: Odd lot tender offers
Replies: 3
Views: 629

Re: Odd lot tender offers

miamivice wrote:
Mon Apr 22, 2019 1:35 pm
the company is inviting me to purchase additional shares
Are you sure it isn't the other way around? I think these offers are typically for the company to buy back the stock, while prioritizing purchases from those who have "odd lots".
by CalculatedRisk
Mon Apr 22, 2019 1:38 pm
Forum: Personal Investments
Topic: Anyone here have experience with Zacks or Personal Capital managing their investments
Replies: 33
Views: 2728

Re: Anyone here have experience with Zacks or Personal Capital managing their investments

...As far as I can tell, this would only be helpful if there was a capital gain that I had to realize. Correct, the strategy isn't about realizing capital gains when you have to , it's about realizing gains opportunistically when you have offsetting losses so that your overall tax bill is less when...
by CalculatedRisk
Thu Apr 18, 2019 9:11 pm
Forum: Personal Investments
Topic: Anyone here have experience with Zacks or Personal Capital managing their investments
Replies: 33
Views: 2728

Re: Anyone here have experience with Zacks or Personal Capital managing their investments

niceguy7376 wrote:
Thu Apr 18, 2019 8:07 pm
davidofma wrote:
Wed Apr 17, 2019 8:46 am
Both PC and Zacks deal in stocks and bonds, not mutual funds.
David
PC deals in individual stocks?
Yes, they buy stocks of 100 individual companies to try to mimic S&P500 performance. Then they tax-loss harvest those stocks (e.g., sell Apple and buy Google).
by CalculatedRisk
Thu Apr 18, 2019 6:03 pm
Forum: Personal Investments
Topic: Anyone here have experience with Zacks or Personal Capital managing their investments
Replies: 33
Views: 2728

Re: Anyone here have experience with Zacks or Personal Capital managing their investments

If your funds are in taxable, you can get max $3k deduction per year on your ordinary income. Let's assume the $3k deduction saves you $1,500 in taxes per year. Don't ignore offsetting gains with losses though. The goal of efficient TLH is to net the maximum $3k deduction, then additionally offset ...
by CalculatedRisk
Thu Apr 18, 2019 1:27 pm
Forum: Personal Investments
Topic: Anyone here have experience with Zacks or Personal Capital managing their investments
Replies: 33
Views: 2728

Re: Anyone here have experience with Zacks or Personal Capital managing their investments

I'm asking, here, whether anyone has had direct experience with either of these firms and found that they either did, or did not , serve them better than they might have done managing their own assets. I have direct experience using the PC dashboard to analyze my 3-fund portfolio (which they do not...
by CalculatedRisk
Wed Apr 17, 2019 11:34 am
Forum: Personal Investments
Topic: Anyone here have experience with Zacks or Personal Capital managing their investments
Replies: 33
Views: 2728

Re: Anyone here have experience with Zacks or Personal Capital managing their investments

Thanks for the responses so far. I understand the downside of giving someone 1% of my earnings to manage my money. It only makes sense if they make me more than I could on my own, plus their 1%. But, if they can actually do that, I'm not going to ignore them. Unlike Ameriprise, LPL, Edward Jones, e...
by CalculatedRisk
Thu Apr 11, 2019 10:04 pm
Forum: Personal Investments
Topic: Principal is buying Wells Fargo Retirement, which holds my 401k
Replies: 13
Views: 1232

Re: Principal is buying Wells Fargo Retirement, which holds my 401k

Thanks for the advice. I'll sit tight and see what happens for now. Rolling over to a traditional IRA is not a good option for me, as I do backdoor Roth IRAs each year.
by CalculatedRisk
Thu Apr 11, 2019 8:13 pm
Forum: Personal Investments
Topic: Principal is buying Wells Fargo Retirement, which holds my 401k
Replies: 13
Views: 1232

Principal is buying Wells Fargo Retirement, which holds my 401k

My work 401k is with Wells Fargo, which allows me to invest funds using a Schwab self-directed brokerage account. Schwab's self-directed brokerage account allows me to access many mutual funds with extremely low expense ratios. A few days ago, Wells Fargo announced that it is selling their Retiremen...
by CalculatedRisk
Thu Apr 04, 2019 1:24 pm
Forum: Personal Investments
Topic: Bonds in taxable account?
Replies: 45
Views: 4406

Re: Bonds in taxable account?

livesoft wrote:
Thu Apr 04, 2019 7:49 am
3. At some point, even your emergency savings should be in equities. See this wiki article:
https://www.bogleheads.org/wiki/Placing ... ed_account
I'm not the op, but thanks for this. This is an idea that I was not previously aware of.
by CalculatedRisk
Wed Apr 03, 2019 9:37 am
Forum: Personal Investments
Topic: Managed bond fund in 401k??
Replies: 5
Views: 314

Re: Managed bond fund in 401k??

Do you have the option of a self-directed brokerage account in the 401k? It’s not always obvious that it is an option.
by CalculatedRisk
Sat Mar 30, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Failed land investments and what to do with it?
Replies: 139
Views: 10029

Re: Failed land investments and what to do with it?

Yeah... I've driven to all of those lots when I was living in California. There are neighbors who built mobile homes/ stake built homes next to various lots , but mainly they're just pure Californian desert land. Sandy land, with bushes and stuff on the property. There's basically no appreciation, ...
by CalculatedRisk
Mon Mar 18, 2019 9:37 pm
Forum: Personal Investments
Topic: Vanguard: "Your Account Needs to be Transitioned"
Replies: 27
Views: 6570

Re: Vanguard: "Your Account Needs to be Transitioned"

In my MF account I can instruct Vanguard to withdraw money from my bank account and buy shares of VTSAX fund. In the brokerage account, my wife has to instruct Vanguard to withdraw money from her bank account to be deposited in the settlement MM fund AND to exchange shares of the settlement MM fund...