Search found 2423 matches

by tarnation
Tue May 12, 2020 9:55 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Hypothetically, if I was employed in an essential service and I have not myself lost any income as a result of Corona virus, but my spouse's income has been reduced as a result of Corona virus, do you think that will qualify ME for a penalty free withdrawal from MY retirement account? Does it make ...
by tarnation
Tue May 12, 2020 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: CARES ACT Early 401k Distribution
Replies: 10
Views: 700

Re: CARES ACT Early 401k Distribution

Question about qualification related to children. It seems almost all schools closed and all children are home, thus requiring child care. What other requirements might there be? Age of child? I didn’t see any specific info in the IRS FAQ.
by tarnation
Mon May 11, 2020 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

I'm trying to get one of these, but because I had some account there 16 years ago, it won't let me complete the app online. I'm on my second call to customer service. I am not impressed. When I logged on to my Cap One Account (I have a credit card with them) I opened the new account with the code S...
by tarnation
Sat May 09, 2020 12:19 pm
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6042

Re: College age kid wrecked his car...

It never ceases to amaze me that on this board, people think college students should be or are making thousands and thousands of dollars while going to college to afford to buy a car, pay for an apartment and all utilities, pay for food, pay for insurance, and pay for their own college education be...
by tarnation
Sat May 09, 2020 12:04 pm
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6042

Re: College age kid wrecked his car...

Unless it was a VERY unusual accident, and he intentionally sought out a deer to hit - NO, the deer wrecked his car, not him. So no need to blame the son. I'm not privy to the details of the accident, but perhaps he did the right thing by hitting it, "don't veer for deer" was an advertising theme s...
by tarnation
Sat May 09, 2020 10:58 am
Forum: Personal Investments
Topic: College age kid wrecked his car...
Replies: 113
Views: 6042

Re: College age kid wrecked his car...

So, I would look into the retirement fund "special rules due to COVID 19" or WTH they are called and take it out of the retirement funds. OP is 59 1/2 and is eligible to withdraw from his IRA without penalty. The special rules due to COVID allowing early distributions without penalty are moot. Not ...
by tarnation
Thu May 07, 2020 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

No, just good luck transferring money. It’s been 48+ hours and they haven’t made the little deposits to authenticate my wife’s account. Mine they won’t even call me back to help me open one.
by tarnation
Thu May 07, 2020 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

Before you set up this account get your money organized. The Cap 1 money eligible for the bonus must arrive in the account within 10 days of opening. You can only set up 1 external bank account at a time, and each one will take several days to get the test deposits and verify. In other words, you s...
by tarnation
Thu May 07, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

Before you set up this account get your money organized. The Cap 1 money eligible for the bonus must arrive in the account within 10 days of opening. You can only set up 1 external bank account at a time, and each one will take several days to get the test deposits and verify. In other words, you s...
by tarnation
Thu May 07, 2020 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

Before you set up this account get your money organized. The Cap 1 money eligible for the bonus must arrive in the account within 10 days of opening. You can only set up 1 external bank account at a time, and each one will take several days to get the test deposits and verify. In other words, you s...
by tarnation
Wed May 06, 2020 3:31 pm
Forum: Personal Consumer Issues
Topic: Worth Buying a Used Phone on Swappa?
Replies: 28
Views: 1554

Re: Worth Buying a Used Phone on Swappa?

I have e bought from swappa , but mine was new condition. Had fine experience. I recall them having a tutorial on how to check deals including checking the moisture indicators built into iPhones.
by tarnation
Wed May 06, 2020 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

I'm trying to get one of these, but because I had some account there 16 years ago, it won't let me complete the app online. I'm on my second call to customer service. I am not impressed. .....and you're probably not eligible. Neither am I. The first rep I talked to said, it wouldn't be disqualifyin...
by tarnation
Wed May 06, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11063

Re: Capital One 360 Savings Promo

I'm trying to get one of these, but because I had some account there 16 years ago, it won't let me complete the app online. I'm on my second call to customer service. I am not impressed.
by tarnation
Tue May 05, 2020 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

Closed on my aimloan refi. Got funded today. I ranted about them up thread, but after that my wife sent a strongly worded letter to the CEO. He responded , apologized, and they took immediate action to remedy our problem. Two days after that email, they had a notary at our house closing (again). So,...
by tarnation
Sun May 03, 2020 12:08 pm
Forum: Personal Investments
Topic: Marcus or Ally
Replies: 137
Views: 14333

Re: Marcus or Ally

Was looking at Marcus on depositaccounts.com, and saw ad for capital one 360 Performance Savings has cash bonus up to $500 and 1.5% rate. Any gotchas?
by tarnation
Sun May 03, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: CARES Act CRD IRA Distribution?
Replies: 4
Views: 366

Re: CARES Act CRD IRA Distribution?

Questions: 401(k) plans allow participants to self certify. What about IRAs? Is the custodian responsible for certifying you qualify before distributing ?
by tarnation
Mon Apr 27, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

[rant] Ugh Aimloans is trash, signed closing docs 4/21. While doing so, discovered they had HELOC as payoff and close. We wanted payoff and re-subordinate. Contacted loan closer immediately. Loan Procesor said sorry their mistake, she missed the note. Asks if we still wanted to resub, we said yes. A...
by tarnation
Thu Apr 23, 2020 5:20 pm
Forum: Personal Consumer Issues
Topic: Sidewalk situation
Replies: 33
Views: 2182

Re: Sidewalk situation

lazydavid wrote:
Thu Apr 23, 2020 5:15 pm
When is garbage day? Our scrap folks would pick that up lickety-split.
Especially if somebody put some more various junk on top. :twisted:
by tarnation
Thu Apr 23, 2020 4:53 pm
Forum: Personal Consumer Issues
Topic: Sidewalk situation
Replies: 33
Views: 2182

Re: Sidewalk situation

Do you have Nextdoor? You could post it on there and see what the rest of the neighbors think. (This might cause quite a stir, you might even make it on @bestofnextdoor ). :P But seriously, maybe a better idea, you could ask the kid to kindly take it home with him when he is done. This is probably a...
by tarnation
Wed Apr 22, 2020 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

You could also wait. Rates have gone up 0.25% in the last 10 days. I don't think it's unrealistic to target a 3% in the upcoming weeks. I waited a month and locked at 3.125%. Would not lock before that. I didn't realize that, thanks. Is there a good way to verify where rates are at daily? (someone ...
by tarnation
Wed Apr 22, 2020 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

Update to my post above. Pulled the trigger with LoanDepot. Options available. 15 year @ 2.5% 20/30 year @ 2.875%. 30 year @ 3.125% (LPMI) I am at 89% LTV so PMI was in play. I opted to give up .25% on a 30 to get LenderPMI. So, ended up with 3.125 @ 30. Crazy low fees. $558 total loan fees after $...
by tarnation
Mon Apr 20, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

Our 60 day rate lock at 3.5% for 30yr expires tomorrow. Now that we are at the final review then closing, they say we may have to wait until we are payed again (in two weeks) so that they can verify we are still employed; they said that is something they just implemented. What happens if we go past...
by tarnation
Mon Apr 20, 2020 4:27 pm
Forum: Investing - Theory, News & General
Topic: Risk Reward of Long Term v Intermediate Treasuries at current rates?
Replies: 155
Views: 8257

Re: Risk Reward of Long Term v Intermediate Treasuries at current rates?

How do you know that the LTT fund yielding 1% won’t outperform your EE bonds yielding a locked-in 3.5% over the next 20 years? After all, they not only start out higher, but also have a cash-out option if yields go up in the coming years. but they don't start higher. Right now they are at 0.1%, cor...
by tarnation
Mon Apr 20, 2020 11:30 am
Forum: Personal Consumer Issues
Topic: Type of Lawyer needed or advice
Replies: 29
Views: 2413

Re: Type of Lawyer needed or advice

In my opinion, I think it would be best to worry about what's going on, on your side of the yard. In the grand scheme of things this is a tiny situation. In my opinion, don't listen to them ^. What you are describing is illegal activity that could reduce the value of your property and perhaps endan...
by tarnation
Fri Apr 17, 2020 11:12 pm
Forum: Personal Consumer Issues
Topic: Type of Lawyer needed or advice
Replies: 29
Views: 2413

Re: Type of Lawyer needed or advice

In my state, Even in rural areas you have to apply for septic permits with the county. I think this gets into the public health domain vs the zoning/ building admin. Public health officers seem to have much more power to do stuff. I would try working that angle.
by tarnation
Fri Apr 17, 2020 12:14 pm
Forum: Personal Consumer Issues
Topic: Pause cell service without losing number
Replies: 13
Views: 911

Re: Pause cell service without losing number

Ok, thanks all. Good to know that there are options but no simple pause button. Out of laziness I may just keep paying. numberbarn is easy peasy. https://www.numberbarn.com/basket?step=lnp $2 to park and they have another that is like $5 that will forward calls and texts to another number or email.
by tarnation
Fri Apr 17, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Grandparents fund for grandchild-Brokerage, UTMA something else?
Replies: 17
Views: 576

Re: Grandparents fund for grandchild-Brokerage, UTMA something else?

In an account in her name, At 3k level, the income (and cap gains if harvested ) could be be attributable to her and thus free (up to a threshold)? potential Down side to UTMA is, it is all theirs at age of majority in your state. But if we aren’t talking huge sums, prob ok. The other possibility is...
by tarnation
Fri Apr 17, 2020 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Approved for mortgage but spouse just got furloughed
Replies: 11
Views: 1748

Re: Approved for mortgage but spouse just got furloughed

We got final approval at AIM, and they delaying until we could provide them with next paystub. And still said we would have to verbally confirm employment and had to sign that we don’t anticipate any reduction in pay and/or aren’t intending to request mortgage payment deferrals.
by tarnation
Fri Apr 17, 2020 8:54 am
Forum: Personal Consumer Issues
Topic: Pause cell service without losing number
Replies: 13
Views: 911

Re: Pause cell service without losing number

Have you looked at numberbarn.com ? We parked home phone there to save number while we waited for google fiber.
by tarnation
Tue Apr 14, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1476
Views: 119646

Re: Small Cap Value heads Rejoice !!!

MotoTrojan wrote:
Tue Apr 14, 2020 8:17 am
tarnation wrote:
Mon Apr 13, 2020 9:53 pm
That AVUV Price/Book is 0.66. :shock:
I’m seeing 1.08. AVDV is closer but still well above 0.66.
Where you see that? I was looking at M*
https://www.morningstar.com/etfs/arcx/avuv/portfolio
by tarnation
Mon Apr 13, 2020 9:53 pm
Forum: Investing - Theory, News & General
Topic: Small Cap Value heads Rejoice !!!
Replies: 1476
Views: 119646

Re: Small Cap Value heads Rejoice !!!

That AVUV Price/Book is 0.66. :shock:
by tarnation
Mon Apr 13, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1509

Re: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

For holding cash, it seems like the Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is yielding a lot more than the Vanguard Prime Money Market Fund (VMMXX). The price of this ETF has remained unchanged since its inception date, so it seems like the extra risk is negligible, but perhaps I am wron...
by tarnation
Mon Apr 13, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1509

Re: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

For holding cash, it seems like the Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is yielding a lot more than the Vanguard Prime Money Market Fund (VMMXX). The price of this ETF has remained unchanged since its inception date, so it seems like the extra risk is negligible, but perhaps I am wron...
by tarnation
Mon Apr 13, 2020 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

Anyone know how I can monitor the mortgage rates in real time (or atleast daily). I found the link below, but it appears to not get updated frequently. https://fred.stlouisfed.org/series/MORTGAGE30US I'd like to reach out to the lenders for a quote only on the days that they are going down so as to...
by tarnation
Mon Apr 13, 2020 11:11 am
Forum: Investing - Theory, News & General
Topic: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)
Replies: 27
Views: 1509

Re: Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) as an alternative to Vanguard Prime Money Market Fund (VMMXX)

For holding cash, it seems like the Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is yielding a lot more than the Vanguard Prime Money Market Fund (VMMXX). The price of this ETF has remained unchanged since its inception date, so it seems like the extra risk is negligible, but perhaps I am wron...
by tarnation
Fri Apr 10, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

Our 60 day rate lock at 3.5% for 30yr expires tomorrow. Now that we are at the final review then closing, they say we may have to wait until we are payed again (in two weeks) so that they can verify we are still employed; they said that is something they just implemented. What happens if we go past...
by tarnation
Thu Apr 09, 2020 9:37 am
Forum: Personal Investments
Topic: CARES Act 401k Withdrawal Scenario(s)
Replies: 18
Views: 1763

Re: CARES Act 401k Withdrawal Scenario(s)

I have been watching this and am hoping to move from401k to ira to avoid crappy plan fees. However, I wouldn’t take it out for any of the purposes you list. If it was to avoid foreclosure or repo, or late payments then yes, but otherwise no.
by tarnation
Sun Apr 05, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 1491
Views: 137786

Re: Refinance Mega Thread

Our 60 day rate lock at 3.5% for 30yr expires tomorrow. Now that we are at the final review then closing, they say we may have to wait until we are payed again (in two weeks) so that they can verify we are still employed; they said that is something they just implemented. What happens if we go past ...
by tarnation
Wed Apr 01, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: $100,000 IRA withdrawal without penalty
Replies: 15
Views: 1619

Re: $100,000 IRA withdrawal without penalty

I’m hoping to move $100k out of 401(k) into IRA.
by tarnation
Tue Mar 31, 2020 6:24 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Hypothetically, if I was employed in an essential service and I have not myself lost any income as a result of Corona virus, but my spouse's income has been reduced as a result of Corona virus, do you think that will qualify ME for a penalty free withdrawal from MY retirement account? Does it make ...
by tarnation
Tue Mar 31, 2020 4:37 pm
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6419

Re: [CARES Act] Overview

Yes that sounds congruent with the Kitces article upthread. did you read that? I assume states would follow the lead on federal tax treatment.
by tarnation
Sat Mar 28, 2020 3:40 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

I think you can go from 401(k) to trad Ira, then convert to roth as usual.
by tarnation
Sat Mar 28, 2020 3:09 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Doesn't this present a potential arbitrage opportunity? Example Scenario: 1. $15,000 remaining auto loan balance @ 2.49% (assume less than 3 years remaining). 2. Withdraw $15,000 from Vanguard Federal Money Market (.77% 7 day yield) in a TIRA and pay balance. 3. Repay IRA on monthly basis per origi...
by tarnation
Fri Mar 27, 2020 10:49 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Looks like maybe a chance to get $100k money from 401(k) to IRA? https://www.congress.gov/bill/116th-congress/senate-bill/3548/text#toc-H638004C502804947B4CFB9B4B770C2F2 How, do you reckon? Trying to parse: (A) IN GENERAL.—Any individual who receives a coronavirus-related distribution may, at any t...
by tarnation
Fri Mar 27, 2020 8:32 pm
Forum: Investing - Theory, News & General
Topic: Penalty-free withdrawals from 401(k)s
Replies: 37
Views: 3166

Re: Penalty-free withdrawals from 401(k)s

Looks like maybe a chance to get $100k money from 401(k) to IRA?
https://www.congress.gov/bill/116th-con ... B4B770C2F2
by tarnation
Fri Mar 27, 2020 8:01 pm
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6419

Re: President Trump Signs Coronavirus Economic Relief Bill

So whats the deal on the 100K, You have three years to pay it back and if you don't you have three years to pay the tax?? text of law FYI https://www.congress.gov/bill/116th-congress/senate-bill/3548/text#toc-H638004C502804947B4CFB9B4B770C2F2 That is if one takes distributions form; 26 USC 72: Annu...
by tarnation
Fri Mar 27, 2020 6:41 pm
Forum: Investing - Theory, News & General
Topic: [CARES Act] Overview
Replies: 98
Views: 6419

Re: President Trump Signs Coronavirus Economic Relief Bill

So whats the deal on the 100K, You have three years to pay it back and if you don't you have three years to pay the tax?? text of law FYI
https://www.congress.gov/bill/116th-con ... B4B770C2F2
by tarnation
Tue Mar 24, 2020 12:15 pm
Forum: Personal Investments
Topic: Has Anyone Else Been Buying Secondary CD's Recently?
Replies: 3
Views: 566

Re: Has Anyone Else Been Buying Secondary CD's Recently?

tarnation wrote:
Tue Mar 24, 2020 10:50 am
Is there any way to search and exclude callable CDs ( at Vanguard)?
Duh. i found it. :oops:
by tarnation
Tue Mar 24, 2020 10:50 am
Forum: Personal Investments
Topic: Has Anyone Else Been Buying Secondary CD's Recently?
Replies: 3
Views: 566

Re: Has Anyone Else Been Buying Secondary CD's Recently?

Is there any way to search and exclude callable CDs ( at Vanguard)?