Search found 516 matches

by e5116
Thu May 21, 2020 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 42
Views: 4308

Re: New job / wife 33 weeks pregnant / paternity

Wait for offer, then discuss options. Company may have benefits begin Day 1, or may not. I personally wouldn't have any qualms with taking paternity leave with either company. Some companies restrict PTO once you give your notice though..worse comes to worse, you take a few weeks off unpaid. Not the...
by e5116
Sat May 16, 2020 11:40 pm
Forum: Personal Finance (Not Investing)
Topic: Life Changing Decision [Mortgage Down Payment]
Replies: 17
Views: 2143

Re: Life Changing Decision

Combined Retirement Accounts = $250,000 Debt = none other than mortage on new house that I discussed above Children - Ages 12,8 and 1 College savings = $20,000 HSA = $6000 Emergency Fund = 20K You did not mention having an emergency fund. With three kids and all this oddness in the world having a h...
by e5116
Wed May 13, 2020 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of revocable trusts, wills, estate planning
Replies: 25
Views: 1893

Re: Cost of revocable trusts, wills, estate planning

I paid ~$2k for 2 pourover wills, family revocable trust, Healthcare POAs, Property POAs, and a TOD instrument (to trust) for the title of house about 3 years ago from an estate planning/real estate attorney. Without the trust/TOD piece, he had quoted me $1200 I believe. So, your quotes seem a bit h...
by e5116
Wed May 13, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: The unicorn mortgage: 30 year fixed under 3%
Replies: 82
Views: 12238

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

Anybody seen this being offered? United Wholesale Mortgage now offering mortgage interest rates as low as 2.5% https://www.housingwire.com/articles/uwm-now-offering-interest-rates-as-low-as-2-5/ I saw the same article pop up on my feed, although don't have anything to add...Looks like it has to be ...
by e5116
Wed May 06, 2020 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Home insurance up 40%, stay w/same company due to possible roof issues?
Replies: 22
Views: 1499

Re: Home insurance up 40%, stay w/same company due to possible roof issues?

I'm a bit confused as to why you'd file an insurance claim to replace an old aging roof that has deteriorated over time, especially given it's an issue you knew about at inspection prior to purchasing the property. It does seem like people do this though and sometimes insurance covers it, but I don'...
by e5116
Wed May 06, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Another Should I Refinance Thread
Replies: 13
Views: 712

Re: Another Should I Refinance Thread

I am always on the hunt for a better bargain so have been looking at refinance rates. Would you refinance? Is it worth it for the small discount (~$100 monthly)? Current Mortgage Rate: 3.5% Term: 30 years Fixed Years Left: ~29.5 - just bought in Oct 2019 Balance: $593,400 P&I: $2689 New Loan Mortga...
by e5116
Tue May 05, 2020 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Another Should I Refinance Thread
Replies: 13
Views: 712

Re: Another Should I Refinance Thread

I am always on the hunt for a better bargain so have been looking at refinance rates. Would you refinance? Is it worth it for the small discount (~$100 monthly)? Current Mortgage Rate: 3.5% Term: 30 years Fixed Years Left: ~29.5 - just bought in Oct 2019 Balance: $593,400 P&I: $2689 New Loan Mortga...
by e5116
Tue May 05, 2020 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 10986

Re: Capital One 360 Savings Promo

I read that it is a targeted offer. I have a Capital One 360 MM account but did not get the email. Does anyone know how to request this offer? It's not targeted for new customers. Available for everyone. However, yes there's a separate targeted offer for existing Capital One customers. I know that ...
by e5116
Sun May 03, 2020 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Closing Chase Bank Account
Replies: 11
Views: 1514

Re: Closing Chase Bank Account

I actually just did this a few days ago with Chase. I sent a secure message and it was done within two days. They asked if I wanted the money transferred or a check, and I said transferred and just had to give the account number. However, I believe that is because I transferred it over to a Chase ch...
by e5116
Sat May 02, 2020 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388009

Re: Share your net worth progression

Got to $882k net worth at the end of 2019 and still hoping to hit $1M net worth by age 37 in November 2020 due to our high annual savings (~$200k per year) which includes employer contributions in the 401k. 401k - $98,000 Student loan principal - $45,600 Mortgage principal - $36,780 Backdoor IRAs -...
by e5116
Wed Apr 29, 2020 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1478
Views: 136697

Re: Refinance Mega Thread

DH and I are looking to refinance our mortgage, including an $80k HELOC payoff, from a 3.9% interest rate to 3.1%. I would greatly appreciate your thoughts/advice on the following loan estimate from Loan Depot. Should we lock in this rate now? Please let me know if I've missed any info. Thank you! ...
by e5116
Sun Apr 26, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4907
Views: 424192

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

This might be a basic question but does portfolio visualizer taking account the day to day variability of the market? It seems to reduce everything to the monthly or yearly data. If it did not account for the day to day I imagine that would have been discussed by now but I did not see that. PV's ma...
by e5116
Fri Apr 24, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Mobile Deposits/ATM
Replies: 42
Views: 1610

Re: Mobile Deposits/ATM

There are limits to mobile deposit though. The app will tell you what it is after you go to deposit check. Many institutions cap it around $5k/day. But yes I'd be comfortable with it if I'm below the limit. I believe a drive though ATM may have a higher limit.
by e5116
Tue Apr 21, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6102

Re: Are we spending too much on a house? 28yo & 24yo

Do people not read the latest from OP? He stated that he's going to be the only person on the title, and that he's okay with kids in that sq footage. I also agree with Dukeblue on the math. It's the monthly payment that matters, not a multiple of income. From that perspective, yes, you can afford it...
by e5116
Tue Apr 21, 2020 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best Place for Cash Right Now
Replies: 27
Views: 4222

Re: Best Place for Cash Right Now

I think I'm moving to short-term treasury fund but I recognize that it's NOT a cash substitute. I still feel pretty safe with it though and am okay if it loses a little. Still, its yield is 0.69% which is obviously not very much.... although it's returned over 5% in the last year with the flight to ...
by e5116
Mon Apr 20, 2020 3:10 pm
Forum: Personal Investments
Topic: Safe to have ~$1mil in savings account?
Replies: 27
Views: 2615

Re: Safe to have ~$1mil in savings account?

I have a take that is clearly a very minority opinion on this site, but I personally wouldn't worry one bit. Did you know that the FDIC has covered UN-insured deposits in 94% of all bank failures since 2008? That is, 491 out of 522 failures. And these failures are largely small community banks. http...
by e5116
Sat Apr 18, 2020 4:39 pm
Forum: Personal Consumer Issues
Topic: Expecting Child #1 - Cost Saving Ideas?
Replies: 55
Views: 2110

Re: Expecting Child #1 - Cost Saving Ideas?

I mean, I agree with most everything said here, but the costs of clothes, diapers, food etc. pale into comparison to childcare for families with two working parents that it's almost futile to talk about all those. If you want to really save money, it's searching childcare places that can pay the lar...
by e5116
Wed Apr 15, 2020 3:49 pm
Forum: Investing - Theory, News & General
Topic: "Marketing timing" comments from a quant
Replies: 106
Views: 4457

Re: "Marketing timing" comments from a quant

What are you talking about? You said you sold on 2/28. From 2/28 close to yesterday close, my 75/25 portfolio is only off by 3%. That's a daily swing. All those people who are posting about changing their AA have not understood the concepts well. True Bogleheads have stayed the course, and they hav...
by e5116
Sat Apr 11, 2020 10:42 pm
Forum: Personal Investments
Topic: How much cash is too much cash?
Replies: 73
Views: 8946

Re: How much cash is too much cash?

Personally I think it's way too much cash but depends on the circumstances and personal preferences. If you can reduce your living expenses to be okay with just one income, then I think having that large of an emergency fund is overkill particularly if you're in different industries and there is som...
by e5116
Thu Apr 09, 2020 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance in the age of Corona
Replies: 18
Views: 1535

Re: Life Insurance in the age of Corona

windaar wrote:
Thu Apr 09, 2020 6:45 pm
BruDude wrote:
Thu Apr 09, 2020 6:08 pm
Transamerica just postponed all apps for people over age 75
I learned something today; I had no idea that someone over 75 years old could get a life insurance policy.
You can get it but it's really really expensive. 😉
by e5116
Mon Apr 06, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Home mortgage deferral with Wells Fargo
Replies: 35
Views: 3625

Re: Home mortgage deferral with Wells Fargo

To be frank, even the banks do not know how this works. I applaud fed and treasury getting ahead with this relief to people in need but they are yet to explain other parts. How does MBS bond holders get paid? As far as I understand, treasury will create a program and pay though it with MBS bought v...
by e5116
Thu Apr 02, 2020 11:14 am
Forum: Personal Finance (Not Investing)
Topic: College choice dilemma
Replies: 167
Views: 7639

Re: College choice dilemma

If Princeton gave OP no financial aid, I have to conclude OP has a very high income and can likely afford it. Princeton's financial aid offerings are tremendous. Having said that, even the very well off like to save $300k+....and not saying OP has limitless funds but clearly is making significant mo...
by e5116
Thu Apr 02, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 336
Views: 38441

Re: My LenderFi refinance is going well

We closed around the same time as you and also got the email you referenced, though it indicated we'd receive payment coupons in the mail (they weren't in the closing docs). Payment isn't due until May 1, but still haven't heard anything--have you? KT785 I haven't heard anything. I have a couple pa...
by e5116
Thu Apr 02, 2020 9:27 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 336
Views: 38441

Re: My LenderFi refinance is going well

my rate lock expires april 7 and the last correspondence i’ve gotten from them is that my file is going to underwriting for approval on march 13. should i be concerned? I would recommend to call/text/email them. I had my Loan Processor's personal cell phone and he asked me to text him for fastest r...
by e5116
Wed Apr 01, 2020 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 336
Views: 38441

Re: My LenderFi refinance is going well

***Looks like they are taking applications again.*** true! their rates are a joke, though. They're certainly not as good as they once were, but still seem relatively competitive. I'm seeing 3.5% for a 30-year refinance with a $1700 lender credit to cover closing costs, while mortage news daily surv...
by e5116
Tue Mar 31, 2020 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Airline refusing to issue refunds
Replies: 112
Views: 10437

Re: Airline refusing to issue refunds

United seems to be loosening some of its policies. They are now waiving redeposit fees for award tickets and I was actually able to get a refund on a domestic flight but it only qualified because the arrival time had changed by >6 hours. If the flight change is less than that or it's an internation...
by e5116
Tue Mar 31, 2020 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Airline refusing to issue refunds
Replies: 112
Views: 10437

Re: Airline refusing to issue refunds

United seems to be loosening some of its policies. They are now waiving redeposit fees for award tickets and I was actually able to get a refund on a domestic flight but it only qualified because the arrival time had changed by >6 hours. If the flight change is less than that or it's an internationa...
by e5116
Mon Mar 30, 2020 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Airline refusing to issue refunds
Replies: 112
Views: 10437

Re: Airline refusing to issue refunds

United is not refunding tickets even for flights they cancel, let alone changed flights. They are the only major carrier doing that and instead offering flight credit. It is possible that after the flight credit expires, they may refund at that time. I have the same issue, including for an award fli...
by e5116
Thu Mar 26, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Travel--Cancelling Delta Flight
Replies: 20
Views: 1233

Re: Chase Travel--Cancelling Delta Flight

Delta and most airlines are being understanding and usually providing refunds for flights canceled by them. United on the other hand....(I've had no luck except travel waivers/credits for canceled flights, so not getting my Chase points back. But that's because of absurd United policy that's at odds...
by e5116
Thu Mar 26, 2020 9:01 am
Forum: Personal Investments
Topic: Bought Vanguard Total Stock market 2 weeks ago, now ready to sell, how do I do this?
Replies: 17
Views: 1439

Re: Bought Vanguard Total Stock market 2 weeks ago, now ready to sell, how do I do this?

...and ETF you get intraday prices and have to submit the order during trading hours. One definitely does NOT have to submit an ETF order during trading hours. Sorry, I misspoke. Thanks for the correction. I guess I should re-phrase to say it's recommended to submit ETF orders during trading hours ...
by e5116
Thu Mar 26, 2020 8:56 am
Forum: Personal Investments
Topic: Bought Vanguard Total Stock market 2 weeks ago, now ready to sell, how do I do this?
Replies: 17
Views: 1439

Re: Bought Vanguard Total Stock market 2 weeks ago, now ready to sell, how do I do this?

Thanks Livesoft. It sounds like if/when I sell in the short term, since I didn't use an ETF, when I go to sell, I won't necessarily be guaranteed a minimum price. When I do put in a sell order, would the transaction usually go through right away, or the same day? Just to be clear, it's not like hav...
by e5116
Wed Mar 25, 2020 12:43 pm
Forum: Personal Consumer Issues
Topic: Pay cleaning lady during coronavirus pause?
Replies: 66
Views: 5105

Re: Paying housecleaner during COVID shutdown

I'm planning to pay my house cleaner in full for the time missed...She's been doing my house for about 5 years and gives my children gifts at Christmas time, etc. The next time she comes, I plan to just give her a larger check to compensate. She actually hasn't canceled yet, but I'm going to tell he...
by e5116
Wed Mar 25, 2020 8:41 am
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 320
Views: 25670

Re: How much you lost/gain since Feb 20,2020 ?

I'm not sure how most of you have fared so well (relatively speaking)....Perhaps it's selection bias. My assets are down 26% (inclusive of everything except home) in one month (based on my monthly tracking - Feb 23 to now - would have been much worse yesterday). After saving very diligently over the...
by e5116
Fri Mar 20, 2020 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1478
Views: 136697

Re: Refinance Mega Thread

Most lenders can extend the rate lock if needed. They may charge a nominal fee to do so though. But could be worth it if issues arise due to being unable to sign in person. I've read stories of closings occuring with one person handing papers under a door back and forth....
by e5116
Thu Mar 19, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 4907
Views: 424192

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

As an aside, this is one of the best articles I've read on the leveraged ETF long term returns: http://www.ddnum.com/articles/leveragedETFs.php It's really good. I highly recommend anyone following this adventure to read up on it. Basically, holding 3x for the long term is likely worse than 1x espe...
by e5116
Wed Mar 18, 2020 5:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18802
Views: 2628471

Re: U.S. stocks in free fall

Three major crashes in the span of just 20 years. Each time inflicting an irreversible injury on the country. At some point, one has to wonder when it won't be capable of recovering on its own It's not the lost decade anymore, it's the lost century. It's not quite lost yet. Taking into account TSM ...
by e5116
Wed Mar 18, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 336
Views: 38441

Re: My LenderFi refinance is going well

bluebolt wrote:
Wed Mar 18, 2020 1:41 pm
My appraisal is done and I got notified my load moved to approval by underwriting. Anyone have any recent experience how long it took from that step to closing?
A few weeks for me. Total time from initial disclosures to final signing/closing was about a month.
by e5116
Mon Mar 16, 2020 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house - should I get out of it now?
Replies: 40
Views: 3636

Re: Buying a house - should I get out of it now?

We are currently in contract and our only out is the mortgage contingency - meaning we can ask the lender to deny our mortgage and we won't lose our deposit. You may want to check with a lawyer before you do that. If you do not make a good faith effort to get a mortage then there is a risk that you...
by e5116
Thu Mar 12, 2020 2:04 pm
Forum: Personal Investments
Topic: TLH and buying low
Replies: 19
Views: 961

Re: TLH and buying low

My only lots that I can't TLH from Total International are back from 2012....ouch.
by e5116
Thu Mar 12, 2020 1:42 pm
Forum: Personal Investments
Topic: TLH and buying low
Replies: 19
Views: 961

Re: TLH and buying low

I'm able to TLH my international stock lots all the way back from 2016 to now....Somewhat depressing. For US stocks, TLH all lots from 2018 onward basically. I did a total stock to large cap stock TLH yesterday, I can do that again today right? As long as I don't BUY total stock, don't see an issue,...
by e5116
Thu Mar 12, 2020 10:45 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 336
Views: 38441

Re: My LenderFi refinance is going well

I just closed with LenderFi yesterday. Went from 30-year 3.625% to 25-year 3.125% (no cost, lender credits covered fees, appraisal waived). Initially applied on 2/14, so took almost a month and closed two days before lock expired. Overall, I'd say they did a good job and would recommend. When they g...
by e5116
Thu Mar 12, 2020 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1484
Views: 388009

Re: Share your net worth progression

I did my last monthly check on 2/23...basically right before everything went down. Will be checking again on 3/23....Although I have been TLH'ing on the way. Going to be rough, but it's a buying opportunity hopefully! I have a long-time horizon too. But I was $20k from passing over a substantial mil...
by e5116
Wed Mar 11, 2020 2:47 pm
Forum: Personal Investments
Topic: Wash Sale - Sell in both brokerage accounts?
Replies: 6
Views: 311

Re: Wash Sale - Sell in both brokerage accounts?

I have VTI in two accounts, both at a loss at this point. I want to sell all shares (I have bought shares every two weeks) and move to ITOT. Do I have to sell VTI in both brokerage accounts at the same time to avoid the wash sale rule? Same with FSKAX Current setup: ETRADE: VTI - Shares bought once...
by e5116
Tue Mar 10, 2020 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1478
Views: 136697

Re: Refinance Mega Thread

However, I just ran some simple refi numbers. If I continue paying an extra hundred a month on my current mortgage, my payoff date is 1/2030 with $15,772 total interest while I crunched the balance at the 2.62% 15 year and got 17,043.62 in interest, before I even add in closing costs So you're comp...
by e5116
Tue Mar 10, 2020 5:32 pm
Forum: Personal Investments
Topic: Reduce EFC (FASFA) by investing in IUL?
Replies: 18
Views: 681

Re: Reduce EFC (FASFA) by investing in IUL?

Hi, This year I will be filling in FASFA for the first time :confused . Knowing nothing about it I met a college finance advisor. He said that my EFC is going to be too high to get any need based aid. To reduce EFC he suggested to put most of my saving into Index Universal Life Insurance (IUL), as ...
by e5116
Tue Mar 10, 2020 3:48 pm
Forum: Personal Investments
Topic: Investing NOW?
Replies: 11
Views: 1303

Re: Investing NOW?

Nobody knows. Bottom? A Step toward the basement? Unsure. I suggest you invest for retirement any time you have money to invest. Your workplace retirement plan and your individual Roth IRA should be the priority. I'm not sure what type of investment guarantees 7%. Or are you just saying you could g...
by e5116
Tue Mar 10, 2020 9:00 am
Forum: Personal Investments
Topic: TLH dividend reinvestment problem
Replies: 14
Views: 597

Re: TLH dividend reinvestment problem

This doesn't help you today but why don't you transition to a brokerage? I have to imagine the people holding on to their old mutual fund accounts for dear life don't overlap much with those thinking about TLH across multiple accounts. Sorry if I missed this, but how would this help with TLH? I act...
by e5116
Thu Mar 05, 2020 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1478
Views: 136697

Re: Refinance Mega Thread

Why are refinance rates always higher than first time purchase rates? Never understood this either I would expect the cost to structure a mortgage on an original purchase to be higher than refinancing an existing mortgage. Refinance has a much larger risk of people backing out....If you're buying a...
by e5116
Thu Mar 05, 2020 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4111

Re: Installing solar - worth it?

There's a solar analyzer via Google that can tell you how much sunlight your house gets based on address. I have a ton of trees around including one directly over my house and it told me installing solar panels would save me $1k....over 20 years! So would take me 400 years to recoup that installatio...
by e5116
Tue Mar 03, 2020 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1478
Views: 136697

Re: Refinance Mega Thread

I am in the process of refi with Lenderfi. I locked the rate about a week ago. Now if I check the rates on the website, the rates have gone up. Do you think it is their cookies playing a number on me? I am having a hard time believing this is the case. Just wanted to check how much lower have the r...