Search found 141 matches

by hbdad
Mon Jan 04, 2021 11:08 pm
Forum: Investing - Theory, News & General
Topic: Capital Gains Distribution VITPX
Replies: 14
Views: 787

Re: Capital Gains Distribution VITPX

It's a bit unusual for Vanguard, most of their mutual funds are nearly as tax efficient as ETFs. But in general ETFs are more tax efficient and can avoid these capital gains because of the unique way shares are created and redeemed. Its one reason I only invest in ETFs. VITPX (Vanguard Total Stock ...
by hbdad
Fri Jan 01, 2021 11:08 pm
Forum: Personal Consumer Issues
Topic: Best way for child to learn Spanish
Replies: 40
Views: 2328

Re: Best way for child to learn Spanish

When I look at incoming freshman students at top level universities, they are pulling 4.0+. That means there is no room for a grade below an A in foreign language. Oops. I posted above but if there's a wrong reason to do this, you found it. "Learn" a foreign language you already know for ...
by hbdad
Fri Jan 01, 2021 10:55 pm
Forum: Personal Consumer Issues
Topic: Best way for child to learn Spanish
Replies: 40
Views: 2328

Re: Best way for child to learn Spanish

Thanks everyone. I will look into Duolingo. Primarily the reason I am interested in having them learn it early is because hopefully it will be easier for them, they will have a longer period of time to become proficient, and like others, I took French in high school, hated it, never used it, and did...
by hbdad
Thu Dec 31, 2020 6:35 pm
Forum: Personal Consumer Issues
Topic: Best way for child to learn Spanish
Replies: 40
Views: 2328

Best way for child to learn Spanish

Hi all, I have two kids (1st and 3rd grade) that I would like to start learning Spanish. Does anyone recommend any programs? No one in our family speaks so we won’t be of much help. I know of places that do math and reading tutoring. Is something like that recommended for Spanish or should I buy the...
by hbdad
Tue Dec 29, 2020 4:24 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

Re: How much and how to invest for retirement

Thank you. Made the adjustment. Yes, that helps give quite a bit more insight. Did you inherit the IRA before the rules changed from the stretch IRA at the end of 2019? I would certainly use the inherited IRA as a vehicle for taking the required annual distributions and using the after tax proceeds...
by hbdad
Tue Dec 29, 2020 2:37 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

Re: How much and how to invest for retirement

When I see the OP's name, hbdad, I assume he has children. The summary of income and pensions that he provides doesn't mention kids, in particular whether they plan to go to college some day and how that education will be financed. Many of us dads have directed a lot of savings toward the education...
by hbdad
Tue Dec 29, 2020 2:17 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

Re: How much and how to invest for retirement

My income is not 70k. Don't know how you got that. you wrote: ...total of 18k to all retirement plans) If I do that, I would be contributing approximately 27% of gross to retirement sorry, is it $67,000? because 27% of $67,000 is $18,090. Sorry for the confusion. I was adding the 18k to the amount ...
by hbdad
Tue Dec 29, 2020 12:52 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

Re: How much and how to invest for retirement

When I see the OP's name, hbdad, I assume he has children. The summary of income and pensions that he provides doesn't mention kids, in particular whether they plan to go to college some day and how that education will be financed. Many of us dads have directed a lot of savings toward the education...
by hbdad
Tue Dec 29, 2020 12:37 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

Re: How much and how to invest for retirement

How much will you spend in retirement? Make some educated guesses on that as your first step. Then you'll be in a position to know whether the pension alone is sufficient. There are a lot of retirement calculators online that will help you understand your position better. I've read on here that one...
by hbdad
Tue Dec 29, 2020 12:31 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

Re: How much and how to invest for retirement

I've read on here that one could consider their pension their bond allocation. Thus, I'm mostly (80%) stocks in my Roth and 457 (total balance of all 3 is 170k). Should I go 100% stocks in my retirement plans? Is it ok to stop contributing to the 457 and instead direct those funds as extra payments...
by hbdad
Mon Dec 28, 2020 11:36 pm
Forum: Personal Investments
Topic: How much and how to invest for retirement
Replies: 17
Views: 1468

How much and how to invest for retirement

Hi all, I am trying to figure out how much to save for retirement and what AA to have. Currently I'm 39 and married. I work for the government and expect to receive a pension (pension is well funded). My pension is 2.7% of highest 3 years salary x number of years of service. For me, I'm eligible to ...
by hbdad
Fri Dec 25, 2020 1:04 am
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 111
Views: 12340

Re: Favorite youtube channels?

America’s Parks- Guy takes his family/kids to every national park in lower 48 and many other places within the NPS.
by hbdad
Thu Dec 17, 2020 7:55 pm
Forum: Personal Consumer Issues
Topic: Vacation ideas
Replies: 19
Views: 1603

Re: Vacation ideas

I'm laughing because not only have I lived a number of years in Arkansas, I have also lived in other places in the Midwest. I have not lived in Alaska yet. Then I don't understand how a (roughly) two hour 15 min round trip, weather being favorable, can not be considered a day trip? IMHO, not a long...
by hbdad
Wed Dec 16, 2020 4:06 pm
Forum: Investing - Theory, News & General
Topic: [Maxing out your IRA and other things to do on January 1st]
Replies: 172
Views: 14075

Re: So, who's maxing out their IRA on Jan 1st?

Stupid question. Assume I'm DCAing for 2020. I still have 4 months in 2021 (Jan-Apr) to contribute to tax year 2020. But what if during the course of 2021 I end up earning more than the allowable amount (208k). What happens with those contributions I made in 2021 but for tax year 2020? What you can...
by hbdad
Wed Dec 16, 2020 3:44 pm
Forum: Investing - Theory, News & General
Topic: [Maxing out your IRA and other things to do on January 1st]
Replies: 172
Views: 14075

Re: So, who's maxing out their IRA on Jan 1st?

Stupid question. Assume I'm DCAing for 2020. I still have 4 months in 2021 (Jan-Apr) to contribute to tax year 2020. But what if during the course of 2021 I end up earning more than the allowable amount (208k). What happens with those contributions I made in 2021 but for tax year 2020?
by hbdad
Thu Dec 10, 2020 12:04 am
Forum: Personal Consumer Issues
Topic: home security camera
Replies: 39
Views: 2734

Re: home security camera

4. The cams work both ways. If I happen to confront the thief,I want complete control of the narrative without a video complicating matters. Uh...what are you planning to do to the thief? And what makes you think that you will win the game of she said/he said when both parties put out the narrative...
by hbdad
Mon Dec 07, 2020 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

Immelmann wrote: Mon Dec 07, 2020 11:37 pm 2nd hand info from a friend that I referred to IM. I don't have their details but they are in CA.

15 yr 1.75%, no fees.
Interesting. Their website is advertising 1.99 for a 15 year and no indication if that is no fee.
by hbdad
Fri Nov 27, 2020 11:22 am
Forum: Investing - Theory, News & General
Topic: How do I factor my pension into retirement planning?
Replies: 15
Views: 1146

Re: How do I factor my pension into retirement planning?

1. We estimate our annual expenses to be roughly $50,000 and would like another $50,000 for fun. So $100,000 annually would be fantastic. 3. We plan to collect SS at 62 so I think it’s very doable to just live on our pensions alone if we need to. 5. We get healthcare in retirement for roughly $300 ...
by hbdad
Fri Nov 27, 2020 10:56 am
Forum: Investing - Theory, News & General
Topic: How do I factor my pension into retirement planning?
Replies: 15
Views: 1146

Re: How do I factor my pension into retirement planning?

1. We estimate our annual expenses to be roughly $50,000 and would like another $50,000 for fun. So $100,000 annually would be fantastic. 3. We plan to collect SS at 62 so I think it’s very doable to just live on our pensions alone if we need to. 5. We get healthcare in retirement for roughly $300 ...
by hbdad
Mon Nov 23, 2020 8:19 pm
Forum: Personal Consumer Issues
Topic: Can I Get A Refund From Amazon After A Price Drop
Replies: 28
Views: 2429

Re: Can I Get A Refund From Amazon After A Price Drop

nalor511 wrote: Mon Nov 23, 2020 8:16 pm They told me last week they don't do this any more, and that I should place a new order/return. YMMV
Same here about 3 weeks ago. I was told by a customer service rep they no longer price adjust. You have to place new order.
by hbdad
Sun Nov 22, 2020 11:29 pm
Forum: Investing - Theory, News & General
Topic: Utah my529 redesign
Replies: 24
Views: 2019

Re: Utah 529 Website Changes

Number of shares is not on the website anymore. I spoke with my529 quality control officer and he said they are working to provide that info but it won’t be on the website this year. Basically what he said was you don’t own the share but rather a percentage of my529s ownership in the stock. I didn’t...
by hbdad
Sun Nov 22, 2020 10:42 pm
Forum: Personal Investments
Topic: Mortgage Payoff goes against every fiber of my being
Replies: 72
Views: 7741

Re: Mortgage Payoff goes against every fiber of my being

What would be the benefit of paying off the house you plan to sell in 5 years? How much equity do you have in that house? Why not use that equity to pay off 2nd house?
by hbdad
Sat Nov 21, 2020 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 11908

Re: Can we afford this $725,000 house?

You can easily afford the house. I had almost same situation as you 2 1/2 years ago. Have two kids. Wife SAHM. Income was about 150k year. Live in VHCOL area (socal). Sold our condo and netted about 350k. With PITI and HOA was paying about 2k a month for condo. Bought house nearby for 790k. It’s a s...
by hbdad
Sun Nov 15, 2020 10:39 pm
Forum: Personal Investments
Topic: Utah 529 just changed their Vanguard Tot. Stock Mkt Index fund
Replies: 18
Views: 2151

Utah 529 just changed their Vanguard Tot. Stock Mkt Index fund

So I got about 2 days notice that as of Thursday last week, Utah was switching the fund they use for their Vanguard Total Stock Mkt Index fund. Formerly the fund was VITPX. Now it is VSTSX. Expense ratio is .01% less on VSTSX. VSTSX is a newer fund, established only in 2016 whereas VITPX established...
by hbdad
Thu Nov 12, 2020 2:16 am
Forum: Personal Finance (Not Investing)
Topic: To escrow or not to escrow your taxes
Replies: 50
Views: 2501

Re: To escrow or not to escrow your taxes

I will open a credit card in my name once it is time to pay the second installment of property taxes to earn another bonus. We have done this for the past 4 or 5 years and saved thousands of dollars. We don’t open a lot of credit cards...” Great way to get some points. Only thing is, based on what ...
by hbdad
Thu Nov 12, 2020 2:09 am
Forum: Personal Finance (Not Investing)
Topic: To escrow or not to escrow your taxes
Replies: 50
Views: 2501

Re: To escrow or not to escrow your taxes

Benefit of escrow is should something happen to you, the taxes will be paid automatically. Your wife and kids won’t find themselves facing a large tax penalty because taxes haven’t been paid for a year. With that said, I do not escrow because of bad experiences with mortgage services charging me way...
by hbdad
Wed Nov 11, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Your experience with making major changes in mid-life?
Replies: 38
Views: 4115

Re: Your experience with making major changes in mid-life?

I live in CA. I want to move out. The grass is not greener. Seems like living in CA is a love it or hate it proposition for most folks. We will have the flexibility to move elsewhere whenever we want thanks to my wife being able to work anywhere and me not needing to earn additional cash to make en...
by hbdad
Wed Nov 11, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Your experience with making major changes in mid-life?
Replies: 38
Views: 4115

Re: Your experience with making major changes in mid-life?

I live in CA. I want to move out. The grass is not greener.
by hbdad
Tue Nov 10, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use HELOC for remodel
Replies: 5
Views: 383

Re: Should I use HELOC for remodel

If you paid cash then you would still have $110K in the bank. I would suspect that it would be hard to think of a scenario where you need more than $110K in cash. If that would not be enough to make you feel comfortable then you could open up a HELOC but not use it so that you would have it availab...
by hbdad
Tue Nov 10, 2020 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use HELOC for remodel
Replies: 5
Views: 383

Should I use HELOC for remodel

I am about to begin a kitchen remodel. I am doing some minor things in addition to kitchen like flooring. Cost will be 60k. I am debating whether taking out a HELOC with Third Federal or using cash. The rate at Third Federal is 2.24 but it is variable. I have approximately 170k sitting in Ally. My L...
by hbdad
Fri Nov 06, 2020 9:03 pm
Forum: Personal Consumer Issues
Topic: how good is your 5G coverage?
Replies: 69
Views: 3722

Re: how good is your 5G coverage?

In SoCal. Have ATT iPhone 12. Did 3 different speed tests. One through the ATT website. Got only 32mbps. ATT 5G map says my area is covered. Something tells me that's not 5G speed.
by hbdad
Mon Oct 26, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6282
Views: 1425486

Re: What Movie Have You Recently Watched?

Watched "Tolkien" last night on HBO. Very entertaining.
by hbdad
Mon Oct 26, 2020 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best HELOC company?
Replies: 28
Views: 2114

Re: Best HELOC company?

Third Federal won't let me apply because they don't offer HELOCs or Home Equity Loans if you are in CA and home is held in name of trust. Went to Bankrate and it appears Third Federal has everyone beat by a considerable amount. I refuse to believe only Third Federal can give me a 10 year fixed home ...
by hbdad
Wed Oct 21, 2020 10:54 pm
Forum: Personal Consumer Issues
Topic: water softener (southern california) - worth it ?
Replies: 22
Views: 1267

Re: water softener (southern california) - worth it ?

I live just north of San Diego in OC. Have thought about a water softener and RO system but know little about them. Also not the handy type to self install. Where should I look to buy and install? A water purification service company? Plumber? What should I be looking for in a system?
by hbdad
Mon Oct 19, 2020 2:05 pm
Forum: Personal Consumer Issues
Topic: Keep ATT or switch to T-Mobile (Socal)
Replies: 6
Views: 587

Keep ATT or switch to T-Mobile (Socal)

Hi all. Currently I'm with ATT. I want to upgrade our two phones to the Iphone 12 Pro. I've spoken with T-Mobile and they can offer me two lines and two Iphone 12 Pros on their unlimited plan for approximately $125 a month (incl. taxes). I called ATT and they can offer me two Iphone 12 Pros and requ...
by hbdad
Mon Oct 05, 2020 6:08 pm
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 30465

Re: Should We Ever Save for Children's College?

I think it depends on what you expect your pension to be. If you expect it to be small, then you need to make up the difference by saving for retirement. If you expect your pension to cover most/all of your expenses then perhaps you can cut back a little on the 457 or Roth. I am a government employe...
by hbdad
Wed Sep 23, 2020 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Are you taking 2020 RMD anyhow?
Replies: 25
Views: 2202

Re: Are you taking 2020 RMD anyhow?

Sorry for the nube question but how would I do a Roth conversion from my inherited IRA? I have both with Vanguard. Since there is no RMD, do I just decide how much I want to convert? Is it as easy as calling Vanguard and telling them to convert X amount? Is the IRA inherited from a spouse or non-sp...
by hbdad
Wed Sep 23, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Are you taking 2020 RMD anyhow?
Replies: 25
Views: 2202

Re: Are you taking 2020 RMD anyhow?

Sorry for the nube question but how would I do a Roth conversion from my inherited IRA? I have both with Vanguard. Since there is no RMD, do I just decide how much I want to convert? Is it as easy as calling Vanguard and telling them to convert X amount?
by hbdad
Sat Sep 19, 2020 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

bgh11 wrote: Sat Sep 19, 2020 11:43 pm
hbdad wrote: Sat Sep 19, 2020 11:38 pm The servicing of my loan has been transferred to Dovenmuehle. Anyone have experience with them? Online reviews are horrible.
luckily I did not have any problem with them
How long have you had them? Do you have automatic payment set up? Get your tax documents timely?
by hbdad
Sat Sep 19, 2020 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

The servicing of my loan has been transferred to Dovenmuehle. Anyone have experience with them? Online reviews are horrible.
by hbdad
Sat Aug 29, 2020 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing in CA
Replies: 5
Views: 702

Re: Refinancing in CA

I used Owning last month and got 30 year 2.5 no cost. They never really ever reached out to me beyond sending me docusign emails. However, whenever I had a question I called my agent and he always answered. Also, I have learned after doing 3 refis in the last 2 years, you should be proactive and pus...
by hbdad
Mon Aug 24, 2020 9:45 pm
Forum: Personal Investments
Topic: Thinking about switching funds inside 529
Replies: 5
Views: 506

Thinking about switching funds inside 529

Hi all, I have the Utah 529. For 8 years I've been invested in their Vanguard Total Stock Market Index Fund (VITPX). It has done well. However, there is another fund that Utah offers that has done incredibly well. The Vanguard Growth Index Fund (VIGIX) I have been watching this fund for sometime but...
by hbdad
Thu Aug 20, 2020 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

A weird situation happened to my dad today. He is refinancing at a 2.5 no cost rate. He locked the rate a few weeks ago and actually signed all docs with the notary last weekend. Then today, someone from the refi company called him and said he needed to sign one more document. It was a loan applica...
by hbdad
Thu Aug 20, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

A weird situation happened to my dad today. He is refinancing at a 2.5 no cost rate. He locked the rate a few weeks ago and actually signed all docs with the notary last weekend. Then today, someone from the refi company called him and said he needed to sign one more document. It was a loan applica...
by hbdad
Thu Aug 20, 2020 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

A weird situation happened to my dad today. He is refinancing at a 2.5 no cost rate. He locked the rate a few weeks ago and actually signed all docs with the notary last weekend. Then today, someone from the refi company called him and said he needed to sign one more document. It was a loan applica...
by hbdad
Thu Aug 20, 2020 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9559
Views: 666608

Re: Refinance Mega Thread

A weird situation happened to my dad today. He is refinancing at a 2.5 no cost rate. He locked the rate a few weeks ago and actually signed all docs with the notary last weekend. Then today, someone from the refi company called him and said he needed to sign one more document. It was a loan applicat...
by hbdad
Mon Aug 10, 2020 9:10 pm
Forum: Personal Investments
Topic: Best California Scholarshare 529 funds?
Replies: 8
Views: 944

Re: Best California Scholarshare 529 funds?

Bumping this post as I have the same question and am hoping to get more responses. I have a 9 year old that will be starting college in 9 years and also have a Scholarshare 529. I'm wondering how much risk I should take. I don't like funds that put you in age brackets and auto adjust. I prefer to s...
by hbdad
Sat Aug 08, 2020 8:04 pm
Forum: Personal Consumer Issues
Topic: Chromebook for elementary student
Replies: 16
Views: 1313

Re: Chromebook for elementary student

Thanks everyone for the input. I am tempted to buy now, but the Boglehead in me says wait to get a cheapy loaner Chromebook from the school for free.
by hbdad
Sat Aug 08, 2020 11:03 am
Forum: Personal Consumer Issues
Topic: Chromebook for elementary student
Replies: 16
Views: 1313

Chromebook for elementary student

I'm looking to buy a chromebook for my 3rd grader as we will start the year distance learning. The school may provide a chromebook but they haven't said anything yet. The one we got last year at a different school was the cheapest most basic Dell chromebook. I don't want to wait to purchase and find...