Search found 47 matches

by Blue456
Mon Aug 19, 2019 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Chronic Conditions and Wellness Exams
Replies: 24
Views: 1711

Re: Question on Chronic Conditions and Wellness Exams

I definitely wouldn't necessary jump up and down saying you need to find a new doctor. If I had less than 5 minutes with the doctor, and it was coded as more complex than a wellness visit, I certainly would be looking for a new doc. FYI underbilling medical visits is considered a fraud. Wellness vi...
by Blue456
Fri Aug 16, 2019 5:53 pm
Forum: Personal Investments
Topic: Fidelity vs Alliant for CDs?
Replies: 9
Views: 832

Re: Fidelity vs Alliant for CDs?

How long do you want the money in the CD? Alliant no longer has the best rates, depositaccounts.com is worth a look, for finding rates. I’m looking for 2 years. But I must be able to withdraw money within 1-2 weeks if needed to. The likelihood of this happening is low. But it makes brokered account...
by Blue456
Fri Aug 16, 2019 12:24 pm
Forum: Personal Investments
Topic: Fidelity vs Alliant for CDs?
Replies: 9
Views: 832

Re: Fidelity vs Alliant for CDs?

As I understand it (and if I'm wrong I hope someone will correct me), CDs you buy at a bank are issued directly by the bank, and are not sellable on the open market. CDs purchased through Fidelity or Vanguard or another brokerage are "brokered" CDs, which are traded on the open market, and they hav...
by Blue456
Fri Aug 16, 2019 11:29 am
Forum: Personal Investments
Topic: Fidelity vs Alliant for CDs?
Replies: 9
Views: 832

Fidelity vs Alliant for CDs?

I need to invest $10-50,000 into CDs.

1) What’s the difference between using a bank such as Alliant vs Fidelity?

2) Is it any harder to liquify a CD in Fidelity vs regular bank?

I wanted to consolidate my investments and I would prefer to use Fidelity.
by Blue456
Tue Jul 30, 2019 7:18 am
Forum: Personal Investments
Topic: Ufb direct 2.45%
Replies: 2
Views: 285

Ufb direct 2.45%

Hey I just wanted to get your guys info on UFB direct. It's 2.45% high yield savings, one of the highest out there. Anybody used it?
by Blue456
Sun Jul 28, 2019 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness advice
Replies: 46
Views: 3919

Re: Student Loan Forgiveness advice

My new employment will qualify me for The Public Service Loan Forgiveness program (PSLF). As best as I’ve understood what I read, PSLF will forgive all debt after 10 years of full time employment. My loans are consolidated with Granite State https://gsmr.org does anyone know if this is a qualified ...
by Blue456
Sun Jul 28, 2019 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness advice
Replies: 46
Views: 3919

Re: Student Loan Forgiveness advice

Be careful about counting on this - less than 1% of borrowers who applied for PSLF were approved: http://www.abajournal.com/web/article/few-qualify-for-public-service-loan-forgiveness-often-due-to-bad-information-says-lawsuit That's because most of them couldn't have been eligible for a lot of simp...
by Blue456
Fri Jul 19, 2019 7:09 pm
Forum: Personal Investments
Topic: Anybody invested with US Bank Wealth?
Replies: 7
Views: 544

Re: Anybody invested with US Bank Wealth?

Do they have low cost index funds/bonds? They do not have any mutual funds, they are a broker (they sell other company’s financial instruments). What attracted you to this off-the-wall broker instead of a major brokerage house like Vanguard, Fidelity or Schwab? I’m banking with them so I wanted to ...
by Blue456
Fri Jul 19, 2019 4:53 pm
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1608

Re: Wealthfront 2.57% Savings

It seems, as other threads have pointed out, that chasing money market yields for a few basis points is kind of a waste of time unless we are talking about a large amount of cash. Also, if it is a large amount of cash, why isn't it conservatively invested in the market? If it's an emergency fund an...
by Blue456
Fri Jul 19, 2019 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: ExxonMobil Card Gives Discount on Gasoline Purchases
Replies: 14
Views: 804

Re: ExxonMobil Card Gives Discount on Gasoline Purchases

You are better off getting Fort Knox FCU or Ducks Unlimited gas cards. Both of them give 5% off.
by Blue456
Fri Jul 19, 2019 2:24 pm
Forum: Personal Investments
Topic: Anybody invested with US Bank Wealth?
Replies: 7
Views: 544

Re: Anybody invested with US Bank Wealth?

https://smartasset.com/financial-adviso ... ent-review

This review claims that they have self directed investing. So it seams I am not required to go with an advisor. Or am I missing something here?
by Blue456
Fri Jul 19, 2019 12:29 pm
Forum: Personal Investments
Topic: Anybody invested with US Bank Wealth?
Replies: 7
Views: 544

Anybody invested with US Bank Wealth?

So has anyone invested with US Bank wealth management? Do they have low cost index funds/bonds?
by Blue456
Fri Jul 19, 2019 7:07 am
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1608

Re: Wealthfront 2.57% Savings

sarabayo wrote:
Thu Jul 18, 2019 8:39 pm
Another thread: viewtopic.php?f=10&t=282094
Thank you for the link. Ultimately I decided not to move my money there. I will stick with PenFed or move to CIT.
by Blue456
Thu Jul 18, 2019 8:15 pm
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1608

Re: Wealthfront 2.57% Savings

krafty81 wrote:
Thu Jul 18, 2019 7:18 pm
I jumped on it when it was 2.3, now it is 2.57. No probs and I like their app.
Thank you.
by Blue456
Thu Jul 18, 2019 6:55 pm
Forum: Personal Investments
Topic: Wealthfront 2.57% Savings
Replies: 12
Views: 1608

Wealthfront 2.57% Savings

What do you guys think about Wealthfront High Yield Savings Account. Currently they offer 2.57%. Worth changing over from PenFed 2.0%? Or their rate is too good to remain true?
by Blue456
Sun Jul 14, 2019 9:42 pm
Forum: Personal Consumer Issues
Topic: Gold Coin for fun, not for investment or numismatics [Canadian Maple Leaf]
Replies: 31
Views: 2484

Re: Gold Coin for fun, not for investment or numismatics

The Canadian Maple is 99.999 gold so it is fragile. Otherwise I dont have personal experience with it.
by Blue456
Sat Jul 06, 2019 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Banking for Nomads
Replies: 28
Views: 2981

Re: Banking for Nomads

In the near future, I'll be mostly mobile, up and down the east coast, with some other travel to the west coast and abroad. I've not been too crazy about the Cap One online interface, having problems with it and sometimes challenged to find ATMs. I have an account with Alliant FCU that does have ha...
by Blue456
Mon Jul 01, 2019 6:27 pm
Forum: Personal Investments
Topic: Emergency fund at Vanguard
Replies: 15
Views: 2287

Re: Emergency fund at Vanguard

I would keep an EF in a separate checking account (with Debit card)... Scenario.. You need 8K within 2 hrs.. how quick can you get that from Vanguard? Yeah but what is a chance that I will need $20,000 within 2 hrs? $40,000. You get my point. I want to store a portion of my emergency fund in accoun...
by Blue456
Mon Jul 01, 2019 8:27 am
Forum: Personal Investments
Topic: Emergency fund at Vanguard
Replies: 15
Views: 2287

Emergency fund at Vanguard

Im at 37% tax bracket, I currently live in Kentucky. Would you guys recommend keeping emergency fund at Vanguard? If so which money market fund? I have read that if you are in a higher tax bracket you should consider different funds than if you are in a lower tax bracket. Now these are not FDIC insu...
by Blue456
Sat Jun 29, 2019 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6284

Re: Relocate to Seattle or NYC

Some of the anti-NY comments are truly fascinating. Have lived here 25 years and my experience has been incredible. My neighborhood has great people, top notch schools, restaurants that run the price gamut, lacks rats, graffiti, noise, "price gouging" (although I'm not entirely sure what that is in...
by Blue456
Sat Jun 29, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6284

Re: Relocate to Seattle or NYC

Just re-read your post, and NJ is definitely cheaper than looking at NYC, even Queens. I live in NJ and I am moving out of there and I tell you I can't wait to move out: - no Freeways (mostly Routes with lights) - dirty - it's basically one big suburb but very expensive - most expensive property ta...
by Blue456
Fri Jun 28, 2019 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6284

Re: Relocate to Seattle or NYC

Hi Friends Family of 3. Single earner. Spouse not working. 4 yr old kid. Currently in Richmond VA I got 2 job offers on my table. I need to pick one but not sure which one. Job offer 1 at NYC itself at a Bank: 142k base + 10% bonus 401k match - 6% Flexible WFH upto 3 or 5 days per week. Interesting...
by Blue456
Fri Jun 28, 2019 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Relocate to Seattle or NYC
Replies: 129
Views: 6284

Re: Relocate to Seattle or NYC

To me, personally, this isn’t even a question. I despise NYC with a burning passion. There is no amount of money — literally, it doesn’t exist— that could possibly entice me to live there. Ever. I’d rather live on welfare in a trailer in a dusty desert town in Texas than be a billionaire in NYC. Se...
by Blue456
Fri Jun 28, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: high interest savings & checking accounts make sense?
Replies: 20
Views: 1677

Re: high interest savings & checking accounts make sense?

Banks really can't make much money on checking accounts. Lots of transactions, mostly short term money so not likely to be able to lend much of it for high/longer term interest etc. So I think they tend to change things e.g. rates, fees, minimums, etc. to offset their costs/make some profit. I tend...
by Blue456
Fri Jun 28, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Cancelling 24 Year Old Credit Card
Replies: 31
Views: 2766

Re: Cancelling 24 Year Old Credit Card

In the interest of simplifying my life, I'm thinking of cancelling a few seldom used credit cards. One, in particular, is a Cap1 card that has 1.5% rewards. The only reason I've kept it until now (I have a Citi 2% card and soon a BOA 2.625% card) is because it's 24 years old. My credit scores are a...
by Blue456
Wed Jun 26, 2019 1:51 pm
Forum: Personal Investments
Topic: Vanguard CDs vs bank CDs?
Replies: 13
Views: 1672

Re: Vanguard CDs vs bank CDs?

What is a difference between Vanguard CDs vs regular bank CDs? ... automate CD renewals? Set it or forget it style? Last thing I want is monthly notifications and monthly CD renewals done by me. ...I want to place 12 month emergency fund into 12 CDs that mature every month. Alliant offers pretty go...
by Blue456
Tue Jun 25, 2019 4:14 pm
Forum: Personal Investments
Topic: Vanguard CDs vs bank CDs?
Replies: 13
Views: 1672

Vanguard CDs vs bank CDs?

What is a difference between Vanguard CDs vs regular bank CDs? Presuming rate is exactly the same at your Bank vs Vanguard, which one would you go with. Can Vanguard automate CD renewals? Set it or forget it style? Last thing I want is monthly notifications and monthly CD renewals done by me. Some t...
by Blue456
Tue Jun 25, 2019 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Lease vs Buying a Car
Replies: 84
Views: 6072

Re: Lease vs Buying a Car

With lease you get less for your money. Not worth it. You are even better off buying brand new vehicle than getting a lease. However you gonna get best bang for buck by getting used 2-4 years old. It will run well for another 5 years minimum without getting hit with 40% depreciation value in the fir...
by Blue456
Tue Jun 25, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: How did you lower your annual expenses?
Replies: 145
Views: 13407

Re: How did you lower your annual expenses?

We moved to cheaper area. Soon we are moving to a cheaper state.
by Blue456
Tue Jun 25, 2019 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Pay Cash for Primary Residence?
Replies: 44
Views: 4672

Re: Pay Cash for Primary Residence?

Cash. Never go into debt.
by Blue456
Sun Jun 23, 2019 10:06 am
Forum: Personal Investments
Topic: Emergency Fund AA
Replies: 18
Views: 1482

Re: Emergency Fund AA

I hate to beat a dead horse, but I already got on my jockey costume so [deleted -- mod oldcomputerguy] I’m looking to put together a layered emergency fund with 12 months of my expenses (60k) as outlined below. I know there is about an even split on this forum about the need for one since you can d...
by Blue456
Fri Jun 21, 2019 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Experience with Synchrony savings accounts?
Replies: 40
Views: 2839

Re: Ally or Synchrony or other for savings?

I use Alliant. Good 1 year CD rates and good savings rate. Plus it’s a credit union and not a bank.
by Blue456
Wed Jun 19, 2019 4:11 pm
Forum: Personal Investments
Topic: Changing jobs what to do with 403b
Replies: 10
Views: 533

Re: Changing jobs what to do with 403b

anon_investor wrote:
Wed Jun 19, 2019 2:47 pm
If you plan to or may need to in the future do backdoor roth IRA contributions, you would want rollover the old 403b funds into the new 403b instead of the IRA to avoid pro-rata tax calculation.
I will need to do backdoor Roth in the future. I will roll over 403b then.
by Blue456
Wed Jun 19, 2019 2:43 pm
Forum: Personal Investments
Topic: Changing jobs what to do with 403b
Replies: 10
Views: 533

Re: Changing jobs what to do with 403b

Not a dumb question: I would roll over into an IRA. You can roll it over into a Vangaurd IRA. Much more investment choices available. Your new job may not have a good 403(b) and if they do have Vanguard, the choices will be limited and it will probably be expensive. :sharebeer Vanguard cheaper than...
by Blue456
Wed Jun 19, 2019 2:31 pm
Forum: Personal Investments
Topic: Changing jobs what to do with 403b
Replies: 10
Views: 533

Changing jobs what to do with 403b

I am changing jobs and I have a very small amount of 403b about $15,000. Should I transfer it to another 403b at my new job or convert it into IRA?

I’m very new to this stuff so have mercy on my soul for asking dumb questions.
by Blue456
Tue Jun 18, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Attempting To Be Debt Free
Replies: 62
Views: 6697

Re: Attempting To Be Debt Free

Hello everyone, I am a 38 years old male, divorced and deep in debt. My younger self made a lot of mistakes and I am learning from these mistakes everyday. Growing up, I have no financial education and no one to learn from but I want to change that for my children. By the time my divorce finalized ...
by Blue456
Tue Jun 18, 2019 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 56
Views: 3350

Re: Maternity and Paternity leave policies

1 year required paid leave, fully paid. Must return to the same position or promotion.
by Blue456
Wed Jun 12, 2019 7:29 am
Forum: Personal Investments
Topic: How to invest $10,000 for 3 years
Replies: 20
Views: 2352

Re: How to invest $10,000 for 3 years

aqan wrote:
Wed Jun 12, 2019 4:46 am
I don’t see anything wrong with being a thrifty millionaire.
I am working on it :).
by Blue456
Tue Jun 11, 2019 9:30 pm
Forum: Personal Investments
Topic: How to invest $10,000 for 3 years
Replies: 20
Views: 2352

Re: How to invest $10,000 for 3 years

You originally said you didn't want to lose half your money. You'd only lose half your money if you invested 100% in stocks and stocks lost 50%. So by this logic, if you invested 100% in stocks and the stock market DIDN'T lose 50% you wouldn't lose half your money. And if you invested LESS than 100...
by Blue456
Tue Jun 11, 2019 8:51 pm
Forum: Personal Investments
Topic: How to invest $10,000 for 3 years
Replies: 20
Views: 2352

Re: How to invest $10,000 for 3 years

blue456 2.7% sounds fine for the short term. How much more than 2.7% were you hoping to make? Why? Do you need to? risk and return are inextricably linked as buhlaxtus stated. You could get higher return, but you'd be taking more risk. Since you need the money in the short term, you can't afford to...
by Blue456
Tue Jun 11, 2019 8:43 pm
Forum: Personal Investments
Topic: How to invest $10,000 for 3 years
Replies: 20
Views: 2352

Re: How to invest $10,000 for 3 years

buhlaxtus wrote:
Tue Jun 11, 2019 8:06 pm
... oh good lord. You have millions in assets and you are nitpicking the return on a 10k 3 year investment? Are you trolling?
I don't have millions in assets. I apologize if I gave you such perception.
by Blue456
Tue Jun 11, 2019 7:47 pm
Forum: Personal Investments
Topic: How to invest $10,000 for 3 years
Replies: 20
Views: 2352

How to invest $10,000 for 3 years

I would like to invest relatively small amount of money $10,000. Here is what I am looking for: - Short term 3 years only - 1-2% chance that I will need the money sooner than 3 years - Gain must be better than 2.7% since my bank offers me a CD at this rate - I would prefer to stay with BoA ME if pos...
by Blue456
Mon Jun 10, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 4% APY credit unions
Replies: 22
Views: 3203

Re: 4% APY credit unions

There are a couple of credit unions that offer 4-6% interest on savings accounts without much work. DCU - flat out 6% on first 1,000 Premier Member CU - flat out 4% on first 2,000 BEU - 6% on first 500 on savings - 4% on first 500 on checking St Marry's Bank - 6% on first $500 First 2 don't have any...
by Blue456
Mon Jun 10, 2019 7:38 am
Forum: Personal Finance (Not Investing)
Topic: 22 Years Old - Which credit card to begin with?
Replies: 44
Views: 4068

Re: 22 Years Old - Which credit card to begin with?

A couple of other things to look at when obtaining new credit card. 1) How reliable is the lender? For example Chase is know for closing and freezing accounts. At least be aware of the rules. https://www.asksebby.com/blog/how-to-avoid-chase-closing-all-your-accounts 2) How technologically advanced i...
by Blue456
Fri Jun 07, 2019 9:35 pm
Forum: Personal Investments
Topic: How is Merrill Edge?
Replies: 51
Views: 3980

Re: How is Merrill Edge?

I have the total of my retirement assets with ME (over 2.5 million). I believe they serve my needs for things simple in retirement (3 funds). I'm not an active trader. Just gliding into older age. Their platform is clear and simple. They have the forms necessary for TOD. I've been with ME since 200...
by Blue456
Fri Jun 07, 2019 3:22 pm
Forum: Personal Investments
Topic: How is Merrill Edge?
Replies: 51
Views: 3980

Re: How is Merrill Edge?

I will be mostly concerned about investing into IRAs and eventually long term retirement non IRA investments so Index Funds and Bonds.
by Blue456
Thu Jun 06, 2019 4:28 pm
Forum: Personal Investments
Topic: How is Merrill Edge?
Replies: 51
Views: 3980

How is Merrill Edge?

Anybody invested with Merrill Edge? Are they any good compared to Vanguard and Fidelity.