Search found 54 matches

by ajm1489
Mon Aug 03, 2020 10:18 am
Forum: Personal Finance (Not Investing)
Topic: If you get 4% APR from bank, would you refinance for sub 30 mortgage?
Replies: 4
Views: 323

If you get 4% APR from bank, would you refinance for sub 30 mortgage?

Hey guys,
If you have a bank account with 4% APY, would you still refinance your mortgage for anything less than 30 years?
Thank you,
AJM
by ajm1489
Wed Jul 08, 2020 3:35 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Hi ajm1489, Coming out of lurking to give my opinion. I preface it with my creds in this area: 30 years combined active and reserve in the USAF; five AFSCs; two engineering degrees combined with a successful engineering career over 35 years - as a female. First, congratulations on deciding to possi...
by ajm1489
Wed Jul 01, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

If I go in as an engineer or into Intel, what skills would I learn? I like to learn more about weapons and combat. It might not be directly related to the job I chose, but will there be opportunity within the military to learn those. Or do you have to be infantry in Marine or Army to get those skil...
by ajm1489
Wed Jul 01, 2020 1:26 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

One thing you have to remember if you work a normal 8 hour, 5 day per week job: Month 1: Week 1: Work M-F, have Sat and Sun off Week 2: Work M-F, have Sat and Sun off Week 3: Work M-F, have Sat and Sun off Week 4: Work M-F, drill Sat and Sun So in typical month, you lost 2/8 weekend days off or 1/4...
by ajm1489
Wed Jul 01, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Thought I’d add that while I’m in a different branch I have met a lot of Air Force Guard folks. Quite a few of them, including full time Guard, have either deployed once or never in their entire career. And I’m talking about people with 15+ years of service. Not to say you won’t , because you absol...
by ajm1489
Wed Jul 01, 2020 10:00 am
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

I was in the Air National Guard for 6 years. To me, it was a wonderful experience. I was able to serve my country and travel to places I would never have been able to before. Except, I was 21 and I did not have a family and yes, the one weekend a month ordeal is a lot to give up at the age of 31. I...
by ajm1489
Wed Jul 01, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Thought I’d add that while I’m in a different branch I have met a lot of Air Force Guard folks. Quite a few of them, including full time Guard, have either deployed once or never in their entire career. And I’m talking about people with 15+ years of service. Not to say you won’t , because you absol...
by ajm1489
Wed Jul 01, 2020 9:42 am
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Did you know that a lot of folks in your life and financial position start "thinking about other things" about now at your age? Usually around mid-life. j :happy i understand what you mean. But that is because I can see the life projectile and would like to change up a bit as like many ot...
by ajm1489
Wed Jul 01, 2020 9:40 am
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

One thing you have to remember if you work a normal 8 hour, 5 day per week job: Month 1: Week 1: Work M-F, have Sat and Sun off Week 2: Work M-F, have Sat and Sun off Week 3: Work M-F, have Sat and Sun off Week 4: Work M-F, drill Sat and Sun So in typical month, you lost 2/8 weekend days off or 1/4...
by ajm1489
Tue Jun 30, 2020 11:16 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

My son - 21- has been in the guard since he was 17. Overall has been a decent experience for him. What made it for him was knowing someone who is already in the guard to help guide him with his career and how things are done in the military. For example, someone local could provide advice on what u...
by ajm1489
Mon Jun 29, 2020 10:31 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Thank you guys for all the replies. If I go in as an engineer or into Intel, what skills would I learn? I like to learn more about weapons and combat. It might not be directly related to the job I chose, but will there be opportunity within the military to learn those. Or do you have to be infantry ...
by ajm1489
Mon Jun 29, 2020 10:28 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

oldfort wrote: Mon Jun 29, 2020 5:53 pm How do you feel about taking orders from someone a decade younger than you are?
If my leader is 21 and he reached that position in that age, then he /she would be so good and I dont have any probs taking commands from him/her
by ajm1489
Mon Jun 29, 2020 10:23 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

oldfort wrote: Mon Jun 29, 2020 3:28 pm To start with the basics: are you eligible to join? Do you have any health problems which could disqualify you? What type of physical shape are you in? Can you pass a PT test?
I am eligible to join and I qualify the PT standards.
by ajm1489
Mon Jun 29, 2020 3:18 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Great advice being shared, I'll offer my 2-cents as someone with prior experience in the guard and from a family of guardsman... The Air National guard is closely connected with the local community in a way that active duty bases are not that's a distinction that's worth considering as you weigh yo...
by ajm1489
Mon Jun 29, 2020 2:49 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

I have an undergrad in Engineering and MBA. A Engineering is perfect, a Masters in Engineering even better, but you could still check into engineering or acquisition fields. Here is a link https://afreserve.com/developmental-engineer and another https://afreserve.com/acquisition-manager to some Air...
by ajm1489
Mon Jun 29, 2020 2:45 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

The Air Guard may be different but I was a Army Guard officer in the 90's. This was during the time of the first Gulf War and reductions in full time military units. Many National Guard units were designated as "Round Out" units, basically we could take the place of full time units if nee...
by ajm1489
Mon Jun 29, 2020 2:41 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

I have an undergrad in Engineering and MBA. A Engineering is perfect, a Masters in Engineering even better, but you could still check into engineering or acquisition fields. Here is a link https://afreserve.com/developmental-engineer and another https://afreserve.com/acquisition-manager to some Air...
by ajm1489
Mon Jun 29, 2020 2:39 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Hello, I have been thinking about joining the Air National Guard or Air Force Reserve as an Officer. I am 31 and have two kids, and have a good paying job. Not sure if it is a crazy idea, would like to know your feedback on it. Pretty sure there are some folks here who have served or currently serv...
by ajm1489
Mon Jun 29, 2020 1:59 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

That's a rather romantic notion about the military. I wish you the very best of luck in whatever happens to you. Why would you say that? And if you have real life experience, please share it. I have a lot of real life experience with the military. If you really, truly want to serve in the military,...
by ajm1489
Mon Jun 29, 2020 1:58 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

I served over 34 years in the Air Force both active and Reserve and it was great! My father was a career officer so I grew up in that world. What is your PhD in? If science or engineering, there will be more opportunities in the Air Force Reserve that would be preferable than the National Guard. Ch...
by ajm1489
Mon Jun 29, 2020 1:58 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Here’s a link to a website describing US Air Force commissioned officer roles. https://www.thebalancecareers.com/united-states-air-force-officer-job-descriptions-3356686 Which roles are you qualified for or interested in pursuing? Have you identified specific Air Force Reserve or Air National Guard...
by ajm1489
Mon Jun 29, 2020 1:38 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

I was actually in a very similar position at almost the exact same age. Many members of my family had served and I just felt something was "missing" in my life. I can tell you the conversation I had with the recruiter: Stoptothink, you have a young family, a PhD, and make good money; my j...
by ajm1489
Mon Jun 29, 2020 1:37 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

livesoft wrote: Mon Jun 29, 2020 1:34 pm That's a rather romantic notion about the military. I wish you the very best of luck in whatever happens to you.
Why would you say that? And if you have real life experience, please share it.
by ajm1489
Mon Jun 29, 2020 1:30 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Re: Thinking about joining Air National Guard at 31 years

Why do you want to join? It has been my dream since I came to US in 2012, but having a Masters degree, I did not want to enlist. And I could not be an Officer candidate till last year when I became a citizen. There are couple of reasons why I want to join: 1. Military life has always fascinated me ...
by ajm1489
Mon Jun 29, 2020 1:05 pm
Forum: Personal Consumer Issues
Topic: Thinking about joining Air National Guard at 31 years
Replies: 94
Views: 6286

Thinking about joining Air National Guard at 31 years

Hello, I have been thinking about joining the Air National Guard or Air Force Reserve as an Officer. I am 31 and have two kids, and have a good paying job. Not sure if it is a crazy idea, would like to know your feedback on it. Pretty sure there are some folks here who have served or currently servi...
by ajm1489
Wed Jun 17, 2020 1:48 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 355
Views: 24170

Re: Not investment related - scammers took $10k

So in total the scammers took $10,000 in Walmart and Target gift cards. After researching online I got to know exact same scam has happened before, below two links. I assume they were Visa gift cards. I was surprised to find that one could buy up to $10,000 in gift cards per day. I went on line and...
by ajm1489
Mon Jun 15, 2020 11:19 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 355
Views: 24170

Not investment related - scammers took $10k

[Thread merged into here, see below (next page). --admin LadyGeek] Long post, so please bear with me. My brother-in-law came to US as international student in 2017 for his Masters at UTA. He graduated last year and is looking for a job now. He lives with us now since he is trying to cut down on his...
by ajm1489
Tue Apr 21, 2020 8:10 am
Forum: Personal Investments
Topic: Stimulus check for baby born in 2019?
Replies: 4
Views: 598

Re: Stimulus check for baby born in 2019?

thank you both for the responses.
The IRS website is showing a future date of deposit, which I assume does not have the $500. So even if I file now, it would not update the payment right?
by ajm1489
Mon Apr 20, 2020 11:54 pm
Forum: Personal Investments
Topic: Stimulus check for baby born in 2019?
Replies: 4
Views: 598

Stimulus check for baby born in 2019?

Hello, I am confused and at the same time blaming myself for not filing 2019 taxes yet. Can someone help me with these questions? - We had a baby in 2019, I have not filed 2019 taxes yet - how do we get the $500? - I usually claim my parents as dependents since they live with us. They are under age ...
by ajm1489
Fri Mar 27, 2020 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

Sincere thank you to everyone who posted their feedback. Every information that you all shared has helped me learn more about this process and that is the main reason why I am on this forum - education. I have made the decision to stop the refinance process, from the comments here it would be hard t...
by ajm1489
Fri Mar 27, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

My current mortgage balance is $198,417. Closing cost has origination charges, appraisal fee, title fee, taxes, insurance premium and escrow. Origination charges, appraisal fees, and title/taxes are your real closing costs. Don't include the insurance and escrow amounts, because those are just amou...
by ajm1489
Fri Mar 27, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

Several observations. First, I found Rocket Mortgage not to be at all competitive when I got a quote from them to refinance in 2013. Not only was their rate and costs the highest I found, but they were very aggressive and wouldn't take "no thanks" for an answer until I blocked their calls...
by ajm1489
Fri Mar 27, 2020 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

I went with another company because they weren’t competitive at all. They keep calling me even after I told them I went with someone else. I actually had to block their number after telling three people I was not going to use them and was working with another company. They called from another numbe...
by ajm1489
Thu Mar 26, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

thank you for all the responses. I think my FICO score of 694 is what is causing this closing cost. My wife has 722, will it help adding her on the mortgage?
by ajm1489
Thu Mar 26, 2020 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

My current mortgage balance is $198,417.
Closing cost has origination charges, appraisal fee, title fee, taxes, insurance premium and escrow.
by ajm1489
Thu Mar 26, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Re: Need help regarding Refinance - feels like I am being ripped off!

Thank you for the responses. We would like to keep this house as a rental since we have plans to move in the next year which is why I though of refinancing. I dont know about any points, the only thing they mentioned was $6800 that will be added to the mortgage.
by ajm1489
Thu Mar 26, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Need help regarding Refinance - feels like I am being ripped off!
Replies: 28
Views: 1843

Need help regarding Refinance - feels like I am being ripped off!

Hello all, I am in the process of refinancing my home with Rocket Mortgage. After reading the thread here about refinancing i feel like I am being ripped off. Current : 30 yr mortgage with 3.75 (loan began Oct 2016) Quote from Rocket : 3.375 30 year mortgage, closing cost $6800, will be rolled into ...
by ajm1489
Fri Feb 21, 2020 4:01 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1048

Re: HSA/401k/Roth question

No problem at all. You have been a tremendous help. So this is my plan: -Max 401k for both this year -Max HSA for both this year -Open ROTH IRA for me and wife and max both what are your thoughts on it? Also we will be looking to move to a bigger house next year. We would like to give our current ho...
by ajm1489
Fri Feb 21, 2020 3:43 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1048

Re: HSA/401k/Roth question

Very conspicuously missing from those calculations are your projected health-care premiums to be paid during the year. Also, if you have children and your work place allows it, you can pay for dependent care through an FSA, which should reduce your income. [ Although, you may have missed the boat o...
by ajm1489
Fri Feb 21, 2020 3:16 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1048

Re: HSA/401k/Roth question

Your calculations are all correct, except the red portion, since Roth IRA contributions do not reduce the gross income. The $123451 figure would be the final figure, so you have no way to reduce it further into the 12% bracket. Since it also more than $123k, you could not have made a Traditional IR...
by ajm1489
Fri Feb 21, 2020 1:35 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1048

Re: HSA/401k/Roth question

Thank you so much for the reply. Our total household taxable income is $155k, so does that mean it doesnt matter if it is traditional or Roth 401k? Well, the question is ... do you want to stretch yourself a bit to land in the 12% tax bracket? You can do that .. - Spouse-1 defers $19.5k max to the ...
by ajm1489
Thu Feb 20, 2020 4:43 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1048

Re: HSA/401k/Roth question

Hello, Started my personal finance journey a year ago, once all our credit card debt and education loans were paid off. This forum has helped a lot and thank you all for sharing your experiences and giving advices. You could have been watching TV or something , but people here reads through topics ...
by ajm1489
Thu Feb 20, 2020 1:55 pm
Forum: Personal Investments
Topic: HSA/401k/Roth question
Replies: 21
Views: 1048

HSA/401k/Roth question

Hello, Started my personal finance journey a year ago, once all our credit card debt and education loans were paid off. This forum has helped a lot and thank you all for sharing your experiences and giving advices. You could have been watching TV or something , but people here reads through topics a...
by ajm1489
Fri Aug 23, 2019 8:26 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 724

Re: 401K bad investment choice...need help

David Jay wrote: Thu Aug 22, 2019 5:37 pm
ajm1489 wrote:any books you would recommend for learning?
I like the book list in “Startup Kit” on the Wiki: https://www.bogleheads.org/wiki/Boglehe ... art-up_kit

The ultra-basics are covered in Bernstein’s “If You Can”, downloadable from a link on the above Wiki page.
Thank you David
by ajm1489
Fri Aug 23, 2019 8:26 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 724

Re: 401K bad investment choice...need help

Duckie wrote: Thu Aug 22, 2019 4:31 pm
ajm1489 wrote:any books you would recommend for learning?
Books: recommendations and reviews
You can get many of these at the public library.
Thank you Duckie
by ajm1489
Thu Aug 22, 2019 11:04 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 724

Re: 401K bad investment choice...need help

I would strongly recommend that you put 100% of your funds in the Vanguard Target Retirement 2055 for now (and perhaps permanently). The Target Date is a fund-of-funds, holding exclusively index funds inside the “wrapper”. The fund is diversified across US and International, stocks and bonds. It wi...
by ajm1489
Thu Aug 22, 2019 9:23 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 724

Re: 401K bad investment choice...need help

DarkHelmetII wrote: Thu Aug 22, 2019 8:44 am 1) VOO is the ETF equivalent of the S&P 500 institutional index
2) At those highish Expense Ratio's I would personally go 100% S&P 500 (large cap is 70 - 80+% of the market anyway)

My 2 cents ....
Thank you for the reply. This was my though process as well...
by ajm1489
Thu Aug 22, 2019 9:23 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 724

Re: 401K bad investment choice...need help

I would strongly recommend that you put 100% of your funds in the Vanguard Target Retirement 2055 for now (and perhaps permanently). The Target Date is a fund-of-funds, holding exclusively index funds inside the “wrapper”. The fund is diversified across US and International, stocks and bonds. It wi...
by ajm1489
Thu Aug 22, 2019 8:39 am
Forum: Personal Investments
Topic: 401K bad investment choice...need help
Replies: 13
Views: 724

401K bad investment choice...need help

Hello all, I am newbie starting out in this world of personal finance and investments, so need a lot of help here. I feel like I have made bad investment choices for my 401K and would like your thoughts: I selected the below four funds(the bold ones are the ones I think I should have thought more on...
by ajm1489
Wed Apr 17, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Small side business finance tips appreciated
Replies: 22
Views: 1915

Re: Small side business finance tips appreciated

Hello everyone,
I also own a new small business and in the dilemma of whether to make it an LLC or S.Corp...any thoughts on that?