Search found 37 matches

by System1
Tue Feb 13, 2024 11:35 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing interest rates between loans and savings
Replies: 8
Views: 861

Comparing interest rates between loans and savings

I am looking to compare interest rates between savings account, auto loan and student loans to apply extra funds in the best way. I have the following: $20k in Capital One HYSA currently at 4.35% $25k in auto loan debt at 5.84% $25k in federal owned student loan debt at 6.55% Last fall I made a lump sum payment of $15k to the car loan. I was going to send a lump sum to the student loans, but I realized that with the tax deduction on student loans and my approximately 33% tax rate that it would be better to send it to the car loan. I also didn't want to send more since the interest rate on the savings is so high it gives me some security to have cash. ($18/mo in additional interest seemed worth it for some possible extra expenses i had last ...
by System1
Tue Sep 12, 2023 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does “decluttering” save money?
Replies: 90
Views: 12660

Re: Does “decluttering” save money?

We have done a pretty good job of decluttering. My wife more so than me. It started with Marie Kondo, but we have found other ideas and books since. Specifically, Decluttering at the speed of life by Dana K. White. We also have found solace in passing things along, but not to relatives who then have the burden of the stuff transferred to them. We donate it, anything under $100 (garage sale price) goes so someone else can use or enjoy it instead of it collecting dust. We trust our things will find a good home without us having to personally locate that home. We also use the free sign at the curb as that works in our neighborhood. For us, we haven't needed to upgrade our house and we have bought less furniture and storage to hold all the stuf...
by System1
Sun Jan 16, 2022 6:39 am
Forum: Personal Consumer Issues
Topic: Savings of Older car vs. New car
Replies: 86
Views: 9357

Re: Savings of Older car vs. New car

I use a "value remaining" calculation to determine cost per month of a given car. Note, I live in the north where they use a lot of salt in the winter, so most cars are quite rusty after 12 years. This starts to affect functionality not just looks. For my calculation, I assume the car is worth zero at 12 years old and 200,000 miles. I also disregard repairs as I assume they are similar for most cars. Then I determine an average miles per month driven based on my personal experience=1389 (it happens to also get to 200k after 12 years, which is a coincidence. Also, this amount varies drastically for different people and as you will see significantly affects the value calc). I then take 3 pieces of data from a prospective car, price,...
by System1
Thu Dec 23, 2021 10:22 am
Forum: Personal Consumer Issues
Topic: Camera Lens
Replies: 96
Views: 5977

Re: Camera Lens

I use my RP with the RF 24-240 with great results. I also have the RF-EF adapter and use it with a bunch of older EF lenses. Unless you are planning to print at large sizes, the ISO capabilities of the RP and other newer cameras are amazing. You can shoot "slower" lenses with better results than ever before. The quality will always be above what you had with the tiny sensor in the Coolpix. For longer focal lengths, the new RF 100-400 is getting good reviews for the price. Also the EF 70-300 Nano USM is a good lens, but requires the adapter. Do not be concerned about f-numbers above 5.6, that was an artifact of the auto focus systems of DSLRs. The RP works great with f11 lenses like the 600 and 800mm primes introduced last year. My...
by System1
Mon Nov 15, 2021 8:00 pm
Forum: Personal Consumer Issues
Topic: Camera recommendation
Replies: 62
Views: 4988

Re: Camera recommendation

I'm on my 5th camera upgrade (not including phones) in 9 years and I take a lot of pictures. Almost everyone who has bought a first fancy camera recently has just gone back to using their phone. People ask me for recommendations all the time, I like the entry level DSLRs, they are solid choices. First figure out where you are struggling with your phone camera, make a simple prioritized list and then we can point you to a camera that is most likely to solve those issues. For me it is: #1 Kids in action 2 Far away wildlife, birds, etc. 3 Good indoor performance My first DSLR went a long ways to solving those, especially compared to the Blackberry I had at the time, and each upgrade since then was to improve those areas. Also, Ken has a lot of...
by System1
Mon Nov 15, 2021 6:41 pm
Forum: Personal Consumer Issues
Topic: Best tires for Subaru Outback
Replies: 31
Views: 5330

Re: Best tires for Subaru Outback

I see that you specify not Michelin, but their top level all season touring tire (different names depending on the car and size) has been good for me and many others I have talked to. They sell them at Costco and Sam's and plenty of other places. They last a long time and have good grip. The CrossClimate 2 are nice, but only if you need snow traction and don't want to run separate winter tires. They are going to be noisier and wear faster, as others stated look at the wear rating.

Lower level tires from any brand typically have compromises, either wear, traction or both. If you plan to have the car for another 80k miles, the top level all season Michelins will be worth it.
by System1
Sat Sep 18, 2021 5:40 pm
Forum: Personal Consumer Issues
Topic: Kindle Paperwhite vs. iPad/Similar Tablets?
Replies: 72
Views: 7775

Re: Kindle Paperwhite vs. iPad/Similar Tablets?

Recently bought a paper white. Hadn't bought kindle since rev 1. All the reasons above - easy on the eyes, light, battery life, etc. Biggest benefit: when I pick it up its because I want to read, not be distracted by my iPhone or iPad and all the messages or looking for the latest email. Makes it easier to sleep at night too. Read, sleep. Not read, check one more thing.... hours later, sleep. I agree with this, staying focused is hard enough. For reading I use my phone or Kindle, I don't have a tablet/iPad. I have borrowed my daughters iPad for color books with pictures. I really liked the Nook glow light, the physical page turning buttons on the bezel were great, but it eventually was sat on and I replaced it with a Kindle due to ease of ...
by System1
Sat Aug 28, 2021 12:28 pm
Forum: Personal Consumer Issues
Topic: Menards for bathroom fixtures/supplies
Replies: 26
Views: 2663

Re: Menards for bathroom fixtures/supplies

Don't mourn missing the Kohler, etc. at Lowes/HD. For fixtures, it is really a dire state of affairs at the big boxers. Even the name brand fixture makers send their lightweight, cheapened versions to Big Box, although they do tend to be one step up from the house brands (Plumb Works, Project Source, Glacier Bay). I got potentially the worst fixture ever at HD, branded American Standard. It may have been a fake, I don't know. Terrible. I've had mixed results with name brand fixtures at both HD and Menards. Generally brands aren't what they used to be. I've had good luck with Delta and Moen and Pfister, but bad luck with Kohler for $100ish faucets. For toilets, I like the American Standard Cadet, but have been generally happy with others in...
by System1
Sat Jun 12, 2021 12:41 pm
Forum: Personal Consumer Issues
Topic: Booster Seat (dining room table) for 2 Year Old
Replies: 20
Views: 1412

Re: Booster Seat for 2 Year Old

There are many considerations, but we have been happy with Britax and Diono for different purposes. The Diono is currently in the middle of the 2nd row on an Odyssey, it is narrow and fits well.
by System1
Wed May 05, 2021 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan debt vs investing
Replies: 24
Views: 2402

Re: Student loan debt vs investing

Debt: Student Loan A – 14k @ 4.375 (currently 0% - have cash on hand to pay) Student Loan B – 141k @ 6.85 (currently 0% and will be refinancing @ ~3%) Trying to determine how aggressive to be with paying off 140k student loans. We are in the process of refinancing and are looking at 3.2% @ 10 years or 3.08 @ 7 years. Since all of your debt is currently at 0% interest I'm assuming they are all Federal Loans. There has been some discussion of partially canceling some of that. If you refinance that to a private loan, you loose a lot of protections, Income Based Repayment, loan forgiveness, etc. I have some federal loans, but I know my salary will likely mean they won't be forgiven in 25 years in the IBR program, so I'm planning to pay them of...
by System1
Tue May 04, 2021 9:14 am
Forum: Personal Finance (Not Investing)
Topic: What to do with $80K?
Replies: 5
Views: 1234

Re: What to do with $80K?

Maxing out 401k will be about an extra $15k it seems, which at 22% (+5% state) will result in paying $4000 less in taxes. I would do that, it's always nice to pay less in taxes.
by System1
Sat Apr 24, 2021 9:36 pm
Forum: Personal Consumer Issues
Topic: Tool for precise 90 degree cut with utility knife blade?
Replies: 36
Views: 4666

Re: Tool for precise 90 degree cut with utility knife blade?

If you have a jig saw and can setup a fence, then a knife blade like this might work well:
BOSCH T313AW3 3-Piece 6 In. Knife Edge Special for Soft Materials T-Shank Jig Saw Blades https://smile.amazon.com/dp/B001J0U1HC/ ... 33XFA9W5FD

You might even be able to do the overlap cut plan to get it perfect.

Report back on what works :-)
by System1
Sat Apr 24, 2021 1:40 pm
Forum: Personal Consumer Issues
Topic: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?
Replies: 97
Views: 18885

Re: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?

MishkaWorries wrote: Sat Apr 24, 2021 11:51 am Are there any oil filters rated to 20,000 miles? I buy extended life filters because Toyota says to change oil every 10,000 miles.
In my opinion, the filter is the weak link. They have a bypass valve so when they fill up, no more filtering. That is much worse for your engine than old oil. The AMSOIL plan is new oil and filter every 20k, but at 10k you change the filter and top off the oil. If I got a high capacity filter, I would run 10k, but never "plan" to go more. Cheap filters need to be changed more often. Also, environment does play a role, but 20k of highway per year with no towing and no gravel roads, you should be fine with 6mo intervals.
by System1
Tue Apr 13, 2021 8:00 pm
Forum: Personal Consumer Issues
Topic: 10+ year old used cars?
Replies: 77
Views: 8081

Re: 10+ year old used cars?

There are usually so many posts to these threads that I don't comment, but I just wanted to add one thing. I have found that there are fewer and fewer private party sales, most people just trade in their car and buy a new/used one at the dealer. Due to this and the fact that dealers need to make some margin on a car, I prefer to reduce my transactions and buy as new as I can afford and drove them until they aren't safe. I'm in the the rust belt, so 12 years old is about the end of life. My 2006 Town and Country is getting pretty rusty, I found that private party 5 years ago. So my last purchase was a 2015 Odyssey, from a dealer...
by System1
Thu Mar 25, 2021 9:09 am
Forum: Personal Investments
Topic: Retirement account contribution questions
Replies: 5
Views: 993

Re: Retirement account contribution questions

FiveK wrote: Wed Mar 24, 2021 3:43 pm Any of those would be good choices. Some reasons:
* Pay off the 4.75% loan = one fewer loan to repay, and a decent guaranteed return
* Pay toward the 6.55% loan = highest guaranteed return on the money
* Contribute to Roth = highest expected (historically) return on the money
Thank you for your responses, I appreciate you taking the time. I decided to contribute to the Roth as a 2020 contribution.
by System1
Wed Mar 24, 2021 3:14 pm
Forum: Personal Investments
Topic: Retirement account contribution questions
Replies: 5
Views: 993

Re: Retirement account contribution questions

HI all, I have a new question and wanted to see if anybody had any feedback or advice. I updated the numbers above, but there hasn't been much in changes. Due to the extended COVID deferment of my high interest student loans (6.55%), I recently sent $5000 to the non-deferred 4.75% loan. I have about another $5000 available and am considering contributing that to my Roth IRA for 2020 since I have not used any of that space. I could also just hang on to it for when the COVID deferment eventually ends and send that to the higher interest loans. My Roth is and will likely continue to be 1000% US Stocks (SCHB). Of course, I could also send it to that 4.75 loan and finish paying it off.

Thank You.
by System1
Sun Jan 24, 2021 7:54 pm
Forum: Personal Investments
Topic: Individual stocks? Hear me out.
Replies: 61
Views: 4724

Re: Individual stocks? Hear me out.

401k (traditional) 15k Total International 15k Total Stock Market Individual FSKAX (Total Market Index) 91k Roth IRA FSMAX (Extended Market) 5500 FXAIX (Fidelity 500 index) 19,500 (I do the blend of the above to mimick total market, heard this is good for tax loss harvest) I could find other hobbies. My brother does almost all individual stocks and he brags all the time how much he makes off of it and tells me to do it. I don't think you need to plan for tax loss harvesting in a Roth, as you don't pay taxes on gains. This strategy is for a taxable account. I would find a different hobby: biking, skiing, kayaking camping, whatever will be less stressful and better for your wellbeing. If you need to invest in something, invest in yourself, g...
by System1
Mon Jan 11, 2021 2:14 pm
Forum: Personal Consumer Issues
Topic: Speed Queen Washer & Dryer
Replies: 24
Views: 3718

Re: Speed Queen Washer & Dryer

I have a pair of basic Speed Queens and we do a lot of laundry. We have had one issue in the 4 years or so we have had them. The water level switch stopped functioning, I gave a call to Speed Queen, they walked me through a fix on the phone and its all good now. We are still happy, check back in 10 more years. We plan to bring them with us if we move even if the new house has fancy front loaders.
by System1
Wed Dec 23, 2020 6:45 pm
Forum: Forum Issues and Administration
Topic: Time to give to this website
Replies: 91
Views: 13573

Re: Time to give to this website

dwickenh wrote: Tue Dec 22, 2020 6:02 pm I am happy to say another year has passed with many things learned on this site that has saved me time and money. Everyone involved in the website does a tremendous job and I am sure spends many hours making sure it works seamlessly.

I want to say Thank You to all involved with keeping the website going. A donation is the best way I know how.

Have a great Holiday
Dan
I'm in, Thank you!
by System1
Fri Oct 16, 2020 7:50 pm
Forum: Personal Investments
Topic: Struggling Over whether to Sell my Tesla Stock
Replies: 74
Views: 7895

Re: Struggling Over whether to Sell my Tesla Stock

TravelforFun wrote: Fri Oct 16, 2020 5:52 pm
Warren Buffett has owned Coca Cola since 1989.

TravelforFun

"This adjustment was necessary to account for the growing size of Buffett's portfolio, which made it more difficult to take advantage of market inefficiencies; it also hindered active management and reduced the number of opportunities he could consider that would have a meaningful impact on its performance." - https://www.investopedia.com/ask/answer ... -1980s.asp

I believe that the whole nature of this thread and similar topics revolves around people using a small percentage of their portfolio to engage in active management.

Klangfool, thank you for your responses, they have been quite helpful for me.
by System1
Thu Sep 17, 2020 8:23 pm
Forum: Personal Investments
Topic: Suggestions for 100x moonshots
Replies: 108
Views: 21671

Re: Suggestions for 100x moonshots

novemberrain wrote: Wed Aug 26, 2020 12:28 am
vtjon02 wrote: Wed Aug 26, 2020 12:06 am I think you should first focus on getting your spending under control. That alone will help you increase your net worth by over $4M over the next ten years.
As I mentioned in my post, the income got high only recently. That explains the low NW.
There has been a lot of helpful advice on the investment options, but with the ability to make that much income (vastly more than you can make investing) why wouldn't you focus your attention there and maybe planning to start your own company in that space: "invest in yourself". You might make $10M in the next 10 years in your careers, vs. a bunch of time spent on risky endeavors that may or may not pay off.
by System1
Sat Jul 25, 2020 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Where did all the money go? Mint v YNAB etc
Replies: 11
Views: 1763

Re: Where did all the money go? Mint v YNAB etc

I have tried both, started with YNAB last fall and then tried mint. I prefer YNAB. There is definitely a learning curve, but after a couple months it's easy. I mostly use it now near the end of the month to check on the last month and setup the budget for the next month. This only works if you have enough in savings (in accounts that are tracked by YNAB) to cover your next months expenses, this was probably the hardest part to understand for me in the beginning. We use credit cards for spending and then pay off each monthly. YNAB requires that you have enough in savings to cover those balances as well, otherwise it shows overbudget. If the person. Is willing to commit the energy to YNAB, its worth it. Otherwise, I might just be inclined to ...
by System1
Sat Jul 25, 2020 12:59 am
Forum: Personal Investments
Topic: Retirement account contribution questions
Replies: 5
Views: 993

Retirement account contribution questions

Background info: Emergency funds: Three months of expenses Debt: Mortgage: $200k 20yr @ 3.0% - recently refi’d Student Loans: $32k @ 6.55% Federal and deferred under COVID – have $7-9k to send in Sept 2020 (Update March 2021 - didn't send since COVID deferment was extended). $32k @ ~3% not deferred – minimum payments $4k @ 4.75% not deferred – minimum payments - (Update March 2021 - recently sent $5000 payment). Currently budgeting to have all student loans paid off in less than 5 years. Auto Loan: $16k @ 3% - 4 yrs left Tax Filing Status: Married Filing Jointly Tax Rate: 22% Federal, 6.8% State + 3-4% for medical TEFRA State of Residence: MN Age: 41/41 Desired Asset allocation: 85% stocks / 15% bonds Desired International allocation: 10% o...
by System1
Fri Jul 24, 2020 11:26 pm
Forum: Personal Consumer Issues
Topic: Family expanding - Time for a 3 row SUV
Replies: 69
Views: 5633

Re: Family expanding - Time for a 3 row SUV

I would get an SUV with sliding doors with young kids and a comfortable 3rd row, this vehicle is also called a mini-van by some. We got the Odyssey because of the 3 seats in the 2nd row (I have 4 kids), but the Sienna wins if you plan to have adults sit in the large captain chairs in the second row. Getting kids into the 3rd row is so much easier in the mini-van. We usually run with one of the 2nd row seats out, unless needed for seating. If you plan to drive in snow, like I do, then you should get snow tires anyway, FWD is just fine. Also, yes, the lower loading height as mentioned above is really great. I drive a Town and Country "utility vehicle" and load it up with whatever. Have your wife drive both and see if she can tell th...
by System1
Wed Jul 22, 2020 11:24 am
Forum: Investing - Theory, News & General
Topic: Article claiming 401k no longer "makes sense"
Replies: 74
Views: 9441

401k vs Tax Efficient Taxable - Article linked

[Merged into existing topic discussing same article- Mod Misenplace] I was just reading this opinion about the reduction in tax benefits of the 401k since its inception: https://www.bloomberg.com/opinion/articles/2020-07-21/401-k-plans-no-longer-make-much-sense-for-savers What situations would make sense to avoid a 401k and switch to tax efficient investments in a taxable account? Maybe being in the 12% marginal tax bracket? Personally I max my 401k contributions to reduce my upfront tax bill in a 22% marginal bracket +9% state. I invest in low cost index funds with expense ratios between .015 .035% plus?? an account maintenance fee of .125%. Would anyone else consider those high fees? I also max spouse TIRA, but don't qualify for my own T...
by System1
Thu Jun 18, 2020 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for future home - overextending?
Replies: 19
Views: 1799

Re: Planning for future home - overextending?

+1 on getting rid of PMI

In 5 years you might have 2 more kids, who knows :shock:

Don't get too worried about the price of the new home, your budget will work out as you get closer to purchase time. Also, don't expect it to be a forever home (whatever that means), however, don't buy anything that couldn't be in case you end up having to stay due to unforeseen circumstances. From my observations, house needs change every 10 years or less. Some people move to accommodate, others make do. Not all of those changes are to increase size and value, at some point you won't need as big of a house.
by System1
Wed Jun 17, 2020 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One is at it again
Replies: 389
Views: 89729

Re: Capital One is at it again

You have to switch over to their new "Performance" savings accounts for the best rate, the MM is no longer the best. Although this rate is not particularly high, 1.0 today. I moved mine 6 months ago or so.
by System1
Sat Jun 13, 2020 12:13 pm
Forum: Personal Consumer Issues
Topic: heated driveway?
Replies: 91
Views: 6815

Re: heated driveway?

Regarding the snowblower, I got a relatively small craftsman two stage that has steering levers. I'm quite happy with it, but I do find myself muscling it around when doing the snowplow wake and around my mailbox. I think if I got a heavier more powerful one, I would be able to let it do more of the work. There are a couple brands that offer steering and i would highly recommend that. Also, when just moving it around, the levers act as clutches to disengage the axle, so its easier to turn and push when its not running.

If you like the house and the snow isn't going away, the heated driveway seems like a good investment if you can afford it. I recently put in a driveway and considered it, but I just couldn't afford it.
by System1
Sun May 17, 2020 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?
Replies: 62
Views: 4714

Re: Pay off Tesla as Planned or Keep Cash for Covid Uncertainty?

You mention the cost of the 3.99% interest, and yes over time that adds up, but choosing to keep the loan for 6 more months will cost you $680. Is that a lot for your household? Only you can answer that. Calculating the cost in real dollars is better than comparing interest rates. I do this often to decide how much it matters to chase interest rates, whether that be for savings or loans.
by System1
Sat May 16, 2020 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Life Changing Decision [Mortgage Down Payment]
Replies: 17
Views: 2495

Re: Life Changing Decision

Based on your retirement and pension plans, I would agree with the high down-payment on the mortgage. Its a guaranteed return of 3% on that money and it allows you liquid flexibility as your kids get older.
by System1
Mon Feb 17, 2020 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone else wanted a mind map of their financial accounts?
Replies: 27
Views: 2404

Re: Has anyone else wanted a mind map of their financial accounts?

But I have all my bills on autopay via various means. Do you find it difficult to manage autopay of different bills via various means? I don't find it difficult. I have part of my paycheck go straight to the bank with my car loan, which transfers to pay it automatically, it's maintenance free and I get an interest reduction for it. The rest goes to a checking account that automatically pays all my other bills, via transfers, bill pay, etc. as required by the institution. I have no consistent bill that isn't auto paid and I've only had a couple problems ver the years when I made an account change and didn't get everything updated quite right. A phone call got everything worked out and fees refunded. I use YNAB to track spending and make sur...
by System1
Sat Dec 28, 2019 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA contribution with refund after filing taxes
Replies: 1
Views: 218

Traditional IRA contribution with refund after filing taxes

I'm planning to make a spousal traditional IRA contribution in 2019, but I would like to wait until I receive my tax refund if possible. Assuming I file early enough to receive the refund well before April 15, can I assume I'm making the contribution in my initial filing or will I need to file without the contribution and file an ammended return to take the deduction? If I need to file an ammended return then I'll probably just make the contribution now, but if I can assume the contribution and take the deduction now, then I will do that. I haven't done a Trad IRA contribution before so I don't know what documentation is required. BTW, I have a 401k and my spouse does not, and I'm over income to deduct my Trad IRA contribution, but not for ...
by System1
Sat Dec 14, 2019 1:16 pm
Forum: Personal Investments
Topic: Pay off car loans or not?
Replies: 33
Views: 3266

Re: Pay off car loans or not?

From reading the range is responses between sell both cars and use that money to buy cheaper ones to keep loans and put money into savings, I think the answer depends on a lot more factors than just the debt amount and the interest rate. You certainly will not get that low of a rate on your mortgage, but you will get a guaranteed return of 2.7% by paying off the loans. So you'll have to decide on your priorities. Certainly being able to get a 15yr mortgage with 20% down is a great place to start. If your cash flow doesn't support your car payments plus what that mortgage amount (minus current mortgage/rent) then you should look at cutting back your spending somewhere. Also there are tax considerations to these decisions. Mortgage interest i...
by System1
Sat Dec 14, 2019 12:21 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 4535
Views: 625774

Re: What frugal thing did you do today?

dm200 wrote: Wed Dec 11, 2019 9:10 am I always chose the Chipotle Bowl because it looked to me that there was more in a bowl than in the burrito. [never did a weight measurement, though]. After getting just the bowl for a long time, I then realized that with a bowl - you get the large tortilla at no charge - just ask for it!
Another trick I've found recently, my kids like the beans and rice, which they will sell as a side for $1 each. Usually I can get two scoops of each for $2 in a bowl. Then I get a cup of cheese with my bowl and share with them.
by System1
Tue Nov 19, 2019 8:52 pm
Forum: Personal Consumer Issues
Topic: DSLRs: canon 5d IV vs ?
Replies: 92
Views: 5711

Re: DSLRs: canon 5d IV vs ?

I don't believe that the 5D IV has eye tracking AF. Get the EOS R or Sony A7 for that. The 5D IV is great for all uses, but it is heavy, I leave my 5D III home quite often and bring something lighter. The lenses she has don't sound super expensive and can be sold for a reasonable amount if she were to switch platforms. The comment above about the Wide angle fitting the full frame 5D is probably true, the 10-18 STM is great on the 60D, but won't work ok the 5D. You would have to get a 17-40 or similar which will be quite a bit more expensive.

Canon is bringing out some strong mirrorless options to compete with Sony, I would check both of those brands out in person before buying a new body.
by System1
Sun Sep 22, 2019 10:04 pm
Forum: Personal Investments
Topic: Brand new and feeling behind
Replies: 16
Views: 2081

Re: Brand new and feeling behind

In the meantime, I've been looking for a better savings account or money market account.. I've been running into issues with limits on withdraws. Some places I have found limit you to $2,000 a day or less and 6 withdraws a month I don't feel this gives me enough access to emergency money. Thank you everyone for the help! The 6 withdrawal limit is a federal regulation and probably applies to the account you currently have the money in. https://www.bankrate.com/banking/savings/regulation-d/ Just make large withdrawals if you need to, 6 per month is more than once a week, you will hopefully know your need for the next week. I use Capital One 360 money market at 2% and I'm pretty happy with it. I also use that bank as my primary checking and s...