Search found 1093 matches

by harikaried
Fri Jan 13, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Rewards Visa 2% cash back
Replies: 64
Views: 7149

Re: Fidelity Rewards Visa 2% cash back

So basically you can only really keep the money in a cash/moneymarket account until you reach a pretty significant threshold? Transfer money out with EFT (Electronic Funds Transfer) like any other checking/brokerage account? Or you could transfer money in to the new account to reach thresholds soon...
by harikaried
Wed Jan 11, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: 2016 Callan Periodic Table of Investment Returns
Replies: 27
Views: 2828

Re: 2016 Callan Periodic Table of Investment Returns

Rather than chasing returns in the top asset classes, the poor performers of one year are often the top performers the next. Buy low/sell high. Developed international was dead last (MSCI EAFE). From 2010, Emerging Markets, EAFE, Barclays Agg have been in the bottom 2 spots for 4 years each, so it ...
by harikaried
Wed Jan 11, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Fixed vs Variable Rate - Student Loan Refi
Replies: 2
Views: 236

Re: Fixed vs Variable Rate - Student Loan Refi

Tax Filing Status : married filing jointly Tax Rate: Federal 28% but will be 33% in 2017 This means taxable income for 2017 will be over $230k, and that's after reducing it by 401k contributions, so after-tax take home pay should be over $10k/mo. HIS $9K student loans @3.25% Some will suggest just ...
by harikaried
Wed Jan 11, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Keeping kitchen knives sharp
Replies: 53
Views: 3709

Re: Keeping kitchen knives sharp

Got this on Amazon for $6 two years ago: KitchenIQ 50009 Edge Grip 2 Stage Knife Sharpener, Black https://smile.amazon.com/dp/B001CQTLJM It has worked great, and I've brought it to others' to sharpen their knives. Run the knife through the "coarse" side several times, wipe, then "fine...
by harikaried
Tue Jan 10, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Which Version of TurboTax do I really need?
Replies: 1
Views: 390

Re: Which Version of TurboTax do I really need?

I believe all versions of TurboTax CD/Download have the same forms including Schedule E, so the differences in the versions change the guidance/questions (probably related to mortgage, improvements, expenses/travel). Perhaps Premier will ask the right questions to help find you extra deductions rela...
by harikaried
Tue Jan 10, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Maxed accounts... what do I do in taxable?
Replies: 12
Views: 2216

Re: Maxed accounts... what do I do in taxable?

You didn't mention any debt although previous posts have a mix of mortgage, car loan, and student loans. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=113219 Assuming you don't need to pay any more towards debt, investing in international for taxable is reasonable as you can take foreign ...
by harikaried
Tue Jan 10, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Rate Calculation
Replies: 22
Views: 1152

Re: Interest Rate Calculation

Looks like $60,561 after 60 months if I put things right into Wolfram Alpha: $949.30/mo compounded at 2.5% APR, 60 months http://www.wolframalpha.com/input/?i=$949.30%2Fmo+compounded+at+2.5%25+APR,+60+months PV=$50k, FV=$60561, 5 years http://www.wolframalpha.com/input/?i=PV%3D$50k,+FV%3D$60561,+5+y...
by harikaried
Tue Jan 10, 2017 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: How to build passive income
Replies: 45
Views: 4270

Re: How to build passive income

dodgersummer wrote:I want to build wealth instead of getting the 1 percent interest in my saving account.
If 1% is not good enough, what rate is good for passive? What risk do you want to take and how much access to the money do you need? You can now get over 2% with 5-year CDs.
by harikaried
Tue Jan 10, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Looking to hear from interest rate prognosticators...what to do with my ARM
Replies: 11
Views: 442

Re: Looking to hear from interest rate prognosticators...what to do with my ARM

Will you be paying extra towards the mortgage either in the next few years or just before it adjusts? If so, even if the rates went up by 2%, your monthly payment could go down significantly. For example, our 3/1 adjusted from 2.625% to 3.875% the first time for this month's payment, and the monthly...
by harikaried
Fri Jan 06, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update]
Replies: 10
Views: 983

Re: Anything to do before ARM adjusts? [2017 Update]

2017 update tl;dr: $0 balance on mortgage! Turns out paying down principal before the new statement with new interest rate does not cause the payment to be amortized with the just-paid-down principal. The monthly payment was calculated with the remaining principal at the time the new interest rate ...
by harikaried
Wed Jan 04, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Difference between HCOL and LCOL [High and Low Cost of Living]
Replies: 35
Views: 2960

Re: Difference between HCOL and LCOL

How much could one save by moving from a HCOL to MCOL or LCOL area? 10%, 30% ?? We moved from San Francisco Bay Area to Reno almost 4 years ago, so comparing our yearly budget from then and now… Auto: about the same as we removed commuting gas for road trips (although not being stuck in traffic eve...
by harikaried
Wed Jan 04, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 123
Views: 15924

Re: Fidelity free Turbotax

There seems to be 3 Fidelity qualifying requirements that individually can be satisfied to trigger the TurboTax link: - being an active trader - having non-retirement balance of at least $1m (excludes IRA/401k) - $100k in personal investing (excludes business-related accounts) I called Premium Serv...
by harikaried
Sat Dec 31, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1008

Re: Why not look at total dollar loan costs when considering paying down/off a loan?

If you used dollars at the same time frame across all decisions, then it would be the same. I believe all of these responses are getting at the same thing of future dollars are worth different from today/current-year dollars, and afan has provided a new-to-me financial term that seems to address ho...
by harikaried
Sat Dec 31, 2016 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1008

Re: Why not look at total dollar loan costs when considering paying down/off a loan?

With investments, you also need to consider time. When you make an extra $10,000 principal payment at the beginning of the loan you are reducing the interest by a larger amount than at the end of the loan, which you would expect as the time the $10,000 is "invested" is very different. I d...
by harikaried
Fri Dec 30, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1008

Re: Why not look at total dollar loan costs when considering paying down/off a loan?

Yes, you are overlooking opportunity cost. Doesn't one run into the same issue when using rates? Some people say you can pay down a 4% mortgage to effectively save 4%, but there's the opportunity cost of what else could have been done with that money. Additionally, that 4% saved is not entirely cle...
by harikaried
Thu Dec 29, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1008

Why not look at total dollar loan costs when considering paying down/off a loan?

When someone asks about paying extra towards a mortgage in the context of either 1) extra savings that could be invested or 2) selling taxable gains, the mathematical considerations tend to focus on interest rates and expected rates of return. I would think that some people can better relate to actu...
by harikaried
Mon Dec 26, 2016 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: FTABX vs FBIDX for taxable ? [Fidelity Tax-Free vs. U.S. Bond]
Replies: 7
Views: 687

Re: FTABX vs FBIDX for taxable ?

turbojot wrote:State of residence: CA and tax bracket: 9%.
At Fidelity, maybe this commission-free iShares ETF?

iShares California Muni Bond ETF
https://www.ishares.com/us/products/239 ... i-bond-etf
by harikaried
Mon Dec 26, 2016 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1104

Re: Should I liquidate taxable investments to pay off auto loan?

Another choice might be to refinance the loan at a lower interest rate: https://www.penfed.org/refinance-auto-loan/. To provide some more details to compare. PenFed's 1.49% rate for 36 months would have a monthly payment of ~$700 but total interest cost over 3 years would be under $600. Is it worth...
by harikaried
Mon Dec 26, 2016 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1104

Re: Should I liquidate taxable investments to pay off auto loan?

Doesn't make sense to pay Uncle Sam 15% to pay off a 4% loan. To be clear, 15% long-term capital gains tax is only on the gains. An initial $22k invested with $3k gain sold results in $25k with a tax cost of $450. A $25k loan at 4% has an interest cost of almost $1k in the first year. Does it make ...
by harikaried
Mon Dec 26, 2016 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in taxable account -- tax efficiency
Replies: 18
Views: 2065

Re: Bonds in taxable account -- tax efficiency

I don't think Fidelity has much to offer in Fidelity branded products in the municipal bond arena. You might check their no-transaction fee list for other companys' muni bond funds or ETFs. Doing a quick ETF screening on Fidelity: https://research2.fidelity.com/fidelity/screeners/etf/main.asp Buy o...
by harikaried
Mon Dec 26, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10759

Re: At what age, income, and NW would you buy a $50k car?

the truly useful function would be a self-driving car, but that will start around $100k from Tesla next year Tesla Model 3 with self-driving capabilities enabled should be ~$36k after incentives next year, but the interesting twist would be that the car could potentially make money for you while yo...
by harikaried
Mon Dec 26, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1104

Re: Should I liquidate taxable investments to pay off auto loan?

I have never seen anyone ask if they should liquidate holdings to pay off a loan Perhaps you were searching for "liquidate" which people usually refer to selling everything. There's plenty of discussion about selling taxable to pay off/down various loans: https://www.google.com/search?q=s...
by harikaried
Mon Dec 26, 2016 3:23 am
Forum: Investing - Theory, News & General
Topic: What is an authoritative source for the ratio of the sizes of the U.S. and international markets?
Replies: 17
Views: 1020

Re: What is an authoritative source for the ratio of the sizes of the U.S. and international markets?

Perhaps this is a roundabout way to estimate US vs international.... If you believe VTI and VXUS are appropriately weighted, looking at their #1 holding and market cap: VTI #1 holding = Apple 2.45% http://portfolios.morningstar.com/fund/holdings?t=VTI Apple 621.3b market cap http://www.morningstar.c...
by harikaried
Sat Dec 24, 2016 4:01 am
Forum: Investing - Help with Personal Investments
Topic: moving to vanguard, not sure about my tax-advantaged account allocations
Replies: 4
Views: 399

Re: moving to vanguard, not sure about my tax-advantaged account allocations

Starting this year, we will be dumping sizeable funds into non-taxed advantaged accounts as we have maxed our advantaged ones. Have you looked at using a solo401k instead of the sep? That would allow more advantaged contributions. His 401k: maxed out ($18,500) FYI, the max is $18,000. Another way t...
by harikaried
Fri Dec 23, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Will or Living Trust?
Replies: 20
Views: 1182

Re: Will or Living Trust?

listedguru wrote:soon to be 10 year old child
What's the differences in how you can have the child taken care of (financially and parenting) with a will vs a living trust?
by harikaried
Wed Dec 21, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 3427

Re: Pre-pay mortgage vs Taxable?

The payments you make during those 20 years stay the same of far as which % is interest and which % is principal. This is most definitely incorrect. Every regular monthly payment has a different amount of interest as you're reducing the remaining principal, which is what the bank uses to charge int...
by harikaried
Fri Dec 16, 2016 12:26 am
Forum: Investing - Theory, News & General
Topic: Am I over diversifying?
Replies: 21
Views: 1963

Re: Am I over diversifying?

VTI 15.00% VB 7.00% VNQ 10.00% VEU 8.00% VSS 5.00% VWO 10.00% Just looking at these stock indices, you're generally not diversifying and tilting instead. Some people here tilt to certain sectors, but you shouldn't think you're gaining much "over"-diversification benefit. Using the Holding...
by harikaried
Wed Dec 14, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Did Intuit ruin Taxcaster?
Replies: 24
Views: 2450

Re: Did Intuit ruin Taxcaster?

DSInvestor wrote:I switched to taxact's tax calculator.
Here's a link for those curious:

https://www.taxact.com/tools/tax-calculator.asp
by harikaried
Tue Dec 13, 2016 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 123
Views: 15924

Re: Fidelity free Turbotax

A Premium Services representative said that the link shouldn't be showing up until January, so for the people who are seeing it, perhaps it's an early testing rollout? There seems to be 3 Fidelity qualifying requirements that individually can be satisfied to trigger the TurboTax link: - being an act...
by harikaried
Mon Dec 12, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Announces Short-Term Trading Fee Removal
Replies: 26
Views: 3665

Re: Fidelity Announces Short-Term Trading Fee Removal

One of the funds we have in my 401k is FSEVX (Extended Index), and we had to be careful when rebalancing to avoid the fee. Its prospectus has been updated "Effective December 12, 2016, the redemption fee has been removed." There's only a few funds left in my Fidelity 401k that have short t...
by harikaried
Fri Dec 09, 2016 6:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Announces Short-Term Trading Fee Removal
Replies: 26
Views: 3665

Re: Fidelity Announces Short-Term Trading Fee Removal

I had to pull my funds out of Fidelity because of their round trip policy. Once you bought a fund you had to hold it for a certain period, say 30 days. If you decided you make a mistake or market conditions changed, you could not sell the funds in 30 days, or incur a trading violation. If you have ...
by harikaried
Fri Dec 09, 2016 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 123
Views: 15924

Re: Fidelity free Turbotax

Did I screw up the navigation to the Taxes page, or is it really gone? It used to link to this page: https://www.fidelity.com/taxes/overview That now redirects to the following page which links to the $20 discount near the bottom: https://dpcs.fidelity.com/prgw/dpcs/tax-information/ So at minimum, ...
by harikaried
Wed Dec 07, 2016 4:27 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity transfer bonus
Replies: 14
Views: 1793

Re: Fidelity transfer bonus

Maybe $1200 for $500k+ transfer. Probably should call them to see if it can be funded across multiple transfers.

https://rewards.fidelity.com/offers/depositbonus
by harikaried
Tue Nov 22, 2016 2:48 am
Forum: Investing - Help with Personal Investments
Topic: How to mimic total market fund with 401k fund?
Replies: 3
Views: 370

Re: How to mimic total market fund with 401k fund?

https://www.bogleheads.org/wiki/Approximating_total_stock_market From that wiki page, you could probably just use this ratio: 85% Vanguard 500 Index Fund (VFINX) 15% iShares Russell 2000 Index (IWM) If you want to calculate a more precise ratio with your available funds, you can try using these mutu...
by harikaried
Sat Nov 19, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 19
Views: 1970

Re: Anyone trade with their Fidelity Cash Management Account?

Have you continued to use your CMA as a long-term brokerage account? We still have a separate brokerage account at TDAmeritrade right now and haven't bought much in our CMA, but that's only because we're completing a transfer bonus at TDA and have chosen to put extra money towards our mortgage. We'...
by harikaried
Fri Nov 18, 2016 5:18 pm
Forum: Personal Consumer Issues
Topic: Driving from San Jose to San Diego - Where to Stop
Replies: 18
Views: 1404

Re: Driving from San Jose to San Diego - Where to Stop

The beach is near San Simeon and Hearst Castle. A note about driving Highway 1 along the coast: might need to take several breaks depending on how sensitive passengers (and driver) are to motion sickness.
by harikaried
Fri Nov 11, 2016 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Lender Credit - Refinance
Replies: 7
Views: 473

Re: Lender Credit - Refinance

My initial escrow payment is estimated at $1,209. Sorry if this is a naive question, but you have to pay the escrow out-of-pocket correct? I'm pretty sure any additional lender credits can go towards escrow payments and even sometimes paying down the principal (principal curtailment). It might be u...
by harikaried
Fri Nov 11, 2016 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Lender Credit - Refinance
Replies: 7
Views: 473

Re: Lender Credit - Refinance

While positive points (rate buy down) and negative points (lender credits) are not symmetrical, it can help estimate what's the points offer for each 0.125% rate change. http://www.bankrate.com/partners/sem/mortgage-groupb.aspx?type=refinance&prods=219&points=All BankRate currently shows for...
by harikaried
Thu Nov 10, 2016 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Completely new to HDHP plans -- worth it with 1 - 2 kids?
Replies: 33
Views: 2266

Re: Completely new to HDHP plans -- worth it with 1 - 2 kids?

MangoManiac wrote:But once they start daycare, I'm guessing they will be sick quite often based on what we've seen with our families.
What kind of sickness are you expecting?
by harikaried
Thu Nov 10, 2016 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing my 15 year loan. Best option for closing costs?
Replies: 6
Views: 337

Re: Refinancing my 15 year old. Best option for closing costs?

Another thing to consider is that you could possible go for an even higher rate to get more credits. Banks do this in the hopes to make up for their "loss" in credits with higher interest payments. (Similar to how a borrower could pay extra points to get a lower interest rate in the hopes ...
by harikaried
Thu Nov 10, 2016 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing my 15 year loan. Best option for closing costs?
Replies: 6
Views: 337

Re: Refinancing my 15 year old. Best option for closing costs?

Pay $0 but increase my interest rate from 2.75% to 2.875%. For a 1/8% increase, you're getting $2090, which on a $365k loan is 0.57 points. I believe on average, a point is 1/4%. I.e., going from 2.75% to 3.00% would be $3650 credit or going from 2.75% to 2.50% would be $3650 cost. So the $2090 for...
by harikaried
Thu Nov 10, 2016 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 4983

Re: Would you invest $80K right now?

25 years from now is ~2040, so Target Retirement 2040 to keep things simple? It currently is 53% US, 35% Intl, 12% Bonds.
by harikaried
Thu Nov 10, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: CC Autopay
Replies: 19
Views: 1400

Re: CC Autopay

Android Pay and Apple Pay don't reveal the actual credit card (account) number for transactions. Instead, they use a virtual account number, so it should be easier to detect and react to fraud as well as not needing to change your actual credit card account number.
by harikaried
Tue Nov 08, 2016 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 529 Plans
Replies: 7
Views: 777

Re: Fidelity 529 Plans

We have two 529 plans with Fidelity, and both just have all the money in the Total Market Index with 0.11% total fees. We live in Nevada, so no state tax benefits, and most of our other accounts are with Fidelity.
by harikaried
Sat Nov 05, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Financial Health - Not Sure What to Do Next
Replies: 9
Views: 2335

Re: Financial Health - Not Sure What to Do Next

stop funding the EF (our $50k can fund 7-8 months of expenses) and use those funds to pay down the HELOC - Thank you all for the nudge! This might seem a bit extreme, but why not just pay off the HELOC with your cash? If you need cash, you can just transfer money back out from the HELOC. Although o...
by harikaried
Fri Nov 04, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance my Car Loan??
Replies: 21
Views: 1757

Re: Refinance my Car Loan??

What year is the vehicle? If it's not 2017 or 2016, PenFed rates are 1.99% for 3-year, 2.49% for 4-year, and 2.99% for 5-year:

https://www.penfed.org/refinance-auto-loan/
by harikaried
Fri Nov 04, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Best Mortgage if Paying Off in < 3 years
Replies: 10
Views: 878

Re: Best Mortgage if Paying Off in < 3 years

I'd take the lowest closing cost/most lender credit/higher interest rate/shortest term mortgage you can. That's exactly what we did for our most recent house purchase. We got an ARM with as much lender credits and put any extra over closing costs towards principal curtailment. We were also able to ...
by harikaried
Thu Nov 03, 2016 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Family $6,750 limit questions
Replies: 100
Views: 6163

Re: HSA Family $6,750 limit questions

The maximum annual HSA contribution for a married couple with family HDHP coverage is the lesser of: (1) the lowest HDHP family deductible applicable to the family (minimum $2,000) or (2) the section 223(b)(2)(B) statutory maximum ($5,150 in 2004). Does (1) still apply today? I.e., you can contribu...
by harikaried
Thu Nov 03, 2016 1:46 am
Forum: Investing - Theory, News & General
Topic: Low Interest Rates: Opportunities Missed?
Replies: 14
Views: 2115

Re: Low Interest Rates: Opportunities Missed?

Do you have any short term debt at rates higher than 2%? You could take money out to pay off those other loans and repay the margin with regular income. In addition to having a lower rate, this would avoid capital gains tax if you would have sold positions to pay off the loans.
by harikaried
Wed Nov 02, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update]
Replies: 10
Views: 983

Re: Anything to do before ARM adjusts?

it might be a viable low-cost hedging strategy. This got me wondering if there are other cheap ways to get a loan or line of credit to finish off a small balance mortgage. I'm pretty sure PenFed used to allow cash out refinancing/recasting of their auto loans, so potentially one would effectively c...

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