Search found 219 matches

by johnny72
Fri Nov 30, 2012 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Changing loan terms NINE MONTHS after mortgage papers signed
Replies: 24
Views: 2187

Re: Changing loan terms NINE MONTHS after mortgage papers si

A thought experiment: If the OP signs the paperwork assuming only change is 5% late fee vs. 0% late fee and it turns out the new paperwork has an error in the bank's favor - what is the OP's remedy? Will customer service at the bank immediately respond to the OP's request to fix? What is the liklih...
by johnny72
Sun Nov 25, 2012 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse financial education
Replies: 35
Views: 2774

Re: Spouse financial education

Wow - this hit close to home. I'm in a similar setup. I am 40, my wife is 38. We have three kids in school while I work full time (+ side consulting) and my wife stays home. I have gotten the handling of all the finances by default. We've tried a few times to get her to take it over with the followi...
by johnny72
Fri Nov 23, 2012 7:02 pm
Forum: Personal Consumer Issues
Topic: Would you dispute a credit card charge for poor service?
Replies: 20
Views: 3042

Re: Would you dispute a credit card charge for poor service?

In my experience of disputing things with Visa/MasterCard, you have one and only one shot. If they have an advertised "100% Satisfaction Guarantee" then you will win the dispute every time. If they don't advertise that, then in my opinion based on what you have said, you have no shot at disputing th...
by johnny72
Thu Nov 22, 2012 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Home appraisal came in super low, worth it to pay down?
Replies: 41
Views: 4252

Re: Home appraisal came in super low, worth it to pay down?

I had appraisals within a week of each other swing by $80,000. It totally depends on the appraiser.

Zillow's data is crap under the best of conditions.
by johnny72
Mon Nov 19, 2012 7:04 pm
Forum: Personal Consumer Issues
Topic: Additional money owed after purchase?
Replies: 27
Views: 2428

Re: Additional money owed after purchase?

Very obviously bait and switch.
by johnny72
Sat Nov 17, 2012 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: No PenFed Mortgage Statements?
Replies: 10
Views: 1335

Re: No PenFed Mortgage Statements?

I don't get anything mailed to me. It's all online.
by johnny72
Fri Nov 16, 2012 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Mom sold inappropriate investments by advisor
Replies: 19
Views: 4038

Re: Mom sold inappropriate investments by advisor

Sue them in small claims court for $8,000 or whatever the limit is in your area. Will cost you about $50 to $100 to file and an afternoon to plead your case. Other than that you have no legal recourse. It will cost you $50,000 to litigate this with an attorney. Complaining as others have said is a g...
by johnny72
Tue Nov 13, 2012 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: bridge loan or mortgage?
Replies: 10
Views: 1338

Re: bridge loan or mortgage?

Thanks. How would that compare with just finding a mortgage with no pre-pay penalty for the second house? Option 1: Get a mortgage on the new house Option 2: Get a home equity loan on the old house With Option 1, the fees will be higher. You'll definitely need an appraisal, probably will have to es...
by johnny72
Tue Nov 13, 2012 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: First home: get a mortgage or pay cash?
Replies: 13
Views: 1884

Re: First home: get a mortgage or pay cash?

Ella, you sound similar to me. You're doing well financially and you're used to people taking you at your word and you're shocked when someone like a bank doesn't do that. Instead, they want you to prove you aren't the type of person that screwed them in the past. Was very maddening when I bought a ...
by johnny72
Mon Nov 12, 2012 7:01 pm
Forum: Personal Consumer Issues
Topic: Generator or No Generator
Replies: 82
Views: 20114

Re: Generator or No Generator

Are you guys saying that the schools and businesses in your area are open pretty quick but the power to many local homes and outlying homes are still out? Thus your kids and you have to go to work/school and then go home to cold homes? If this is correct how come? Why are the power lines to schools...
by johnny72
Mon Nov 12, 2012 6:50 pm
Forum: Personal Consumer Issues
Topic: Generator or No Generator
Replies: 82
Views: 20114

Re: Generator or No Generator

Wow, I'm sure that is great to be able to leave town when the power goes out. For me, I still have to go to work the next day. I paid $250 for a 3,250 watt generator with a 4,000 peak wattage at Home Depot 5 years ago. I've used it a few times for real power outages as well as starting it up every f...
by johnny72
Sun Nov 11, 2012 9:22 am
Forum: Personal Consumer Issues
Topic: dryer booster fans?
Replies: 23
Views: 3467

Re: dryer booster fans?

How long is the run from dryer to roof? What type of dryer is it (gas/electric)? Is there a cap on the dryer vent to prevent rain and other weather from getting in? Is the cap functioning to let the moist air out but not let anything in? I suspect you live in a townhouse the way you spoke about your...
by johnny72
Sun Nov 11, 2012 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Help Considering Options Finding Money to Refinance Mortgage
Replies: 7
Views: 879

Re: Help Considering Options Finding Money to Refinance Mort

Buying a house with your boyfriend in many ways was a larger commitment than marrying him. You've made a terrible mistake by buying a house you couldn't afford. 5% down mortgages made sense when you could buy, get 20% appreciation in a year and then sell for the profit. They make absolutely no sense...
by johnny72
Fri Nov 09, 2012 8:37 am
Forum: Personal Finance (Not Investing)
Topic: health insurance for early retirees under current law
Replies: 50
Views: 7942

Re: [Affordable Care Act] current law early retirement

The WORST part is to call it the AFFORDABLE care act. Most people didn't think health insurance was affordable before. And this act is supposed to make it much more expensive when it kicks in. Affordable is a misleading name. I used the calculator and to me they did make it Affordable. Like I said ...
by johnny72
Thu Nov 08, 2012 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Death to ING Banking.... dang you Capital one....
Replies: 46
Views: 11853

Re: Death to ING Banking.... dang you Capital one....

I had Ally accounts for some time but their offerings are sometimes too good to be true and when stuff like this happens it makes me very nervous:

http://thefinancebuff.com/ally-bank-now ... -a-cd.html
by johnny72
Thu Nov 08, 2012 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Am I eligible for Dependent care FSA/child care credit?
Replies: 4
Views: 2356

Re: Am I eligible for Dependent care FSA/child care credit?

My wife is in the same situation as your wife and we have done a dependent care FSA for 5 years in a row (we have three kids). We got the nod first from my HR department for whatever that is worth.
by johnny72
Wed Nov 07, 2012 1:19 pm
Forum: Personal Consumer Issues
Topic: Toto Drake Toliets
Replies: 24
Views: 2791

Re: Toto Drake Toliets

hicabob wrote:Yup - Toto's are the epitome of toilet engineering. Thankfully, the Japanese take toilets very seriously.
[Inappropriate comment removed by admin LadyGeek]
by johnny72
Wed Nov 07, 2012 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: cash back rewards taxed?
Replies: 10
Views: 1536

Re: cash back rewards taxed?

Prizes and incentives for opening an account are taxed. See this thread: http://www.bogleheads.org/forum/viewtopic.php?f=2&t=99032 My understanding is that Prizes and incentives for opening an account are taxed UNLESS they are tied to purchasing activity. For example, for the past few years I have ...
by johnny72
Wed Nov 07, 2012 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Pregnancy and HSA
Replies: 21
Views: 9071

Re: Pregnancy and HSA

Unfortunately everything you asked is going to be specific to your health insurance coverage and your HSA plan. Here's my best shot at answering: 1. Calculate it both ways and see which one is the best. 2. Probably. Look at the specifics for your plan. 3. According to this: http://www.cpaprotectplus...
by johnny72
Wed Nov 07, 2012 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Van for usage
Replies: 3
Views: 455

Re: Van for usage

I was having an idea. I know there are lots of part time courier jobs. I am not planning on using my mini-van for making money but it did strike up an idea maybe in the future to use a bigger van for earning extra money. Has anyone had experience making money with a van? Like running supplies to ot...
by johnny72
Wed Nov 07, 2012 7:40 am
Forum: Personal Finance (Not Investing)
Topic: 401k: I messed up my employer match
Replies: 22
Views: 2512

Re: 401k: I messed up my employer match

There is not even the hint of the existence of the true up in the document that describes our plan. In fact, speaking to three different HR people initially got me 9 different wrong answers. My favorite wrong answer was based on the false premise that the $17,000 limit included both employee + emplo...
by johnny72
Tue Nov 06, 2012 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: 401k: I messed up my employer match
Replies: 22
Views: 2512

Re: 401k: I messed up my employer match

HAPPY UPDATE After speaking to several people in my benefits department that did not know what they were talking about, I received a call back 4 hours later apologizing for not knowing the answer earlier. They told me after extensive research they have found out that my employer's policy is to do q...
by johnny72
Tue Nov 06, 2012 11:05 am
Forum: Personal Finance (Not Investing)
Topic: 401k: I messed up my employer match
Replies: 22
Views: 2512

401k: I messed up my employer match

My employer matches 4.5% if I contribute at least 6%. At the beginning of the year I put a contribution rate to exactly reach $17,000 on my last paycheck. In October I received an unexpected but welcome bonus. They took out the same percentage for the bonus as my regular pay. The effect of this is t...
by johnny72
Mon Nov 05, 2012 9:18 pm
Forum: Personal Consumer Issues
Topic: When an Ebay Buyer Doesn't Pay
Replies: 31
Views: 3987

Re: When an Ebay Buyer Doesn't Pay

Are you saying only Ukranians are scammers, or is it anyone from overseas? I have relatives in Ukraine. Do you think I should be worried about getting scammed by them? Leesbro63, as long as your buyer uses Paypal to pay you shouldn't have a problem. If he/she doesn't pay up, you can get the fees re...
by johnny72
Mon Nov 05, 2012 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: HSA and FSA at the same time
Replies: 30
Views: 4413

Re: HSA and FSA at the same time

umfundi - you imply your experience is caused by a lack of communication and controls on the part of your former employer and their FSA servicing company. I think this is totally plausible. As you stated, it probably does differ from company to company. I always just assumed if I contributed $2,400 ...
by johnny72
Mon Nov 05, 2012 6:32 pm
Forum: Personal Consumer Issues
Topic: honeymoon recommendation
Replies: 30
Views: 2275

Re: honeymoon recommendation

I recommend Hawaii if you haven't been. You can fly into Honolulu and depending on what type of atmosphere you want, stay in Waikiki (touristy with a lot of dining/shopping options), Ko'Olina (touristy but more secluded, less to do), Turtle Bay on North Shore (touristy and isolated), or rent a hous...
by johnny72
Mon Nov 05, 2012 6:25 pm
Forum: Personal Consumer Issues
Topic: Paying at Costco with gift cards
Replies: 54
Views: 14879

Re: Paying at Costco with gift cards

Sounds pretty unethical to me. "Can" does not imply "ought". You can drink in a bar by showing fake ID and maybe enter a country with a fake passport. Does not make either a good idea. Using a fake ID is unethical and illegal. Entering a country with a fake passport is unethical and illegal. Follow...
by johnny72
Mon Nov 05, 2012 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: HSA and FSA at the same time
Replies: 30
Views: 4413

Re: HSA and FSA at the same time

There is a lot of guessing and misinformation in this thread. Here are the facts as I understand them: 1. As someone else said, you can contribute to both an HSA (Health Savings Account) and MRA (Medical Reimbursement Account) 2. If you contribute to an HSA and also contribute to an MRA, then your M...
by johnny72
Mon Nov 05, 2012 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: South Carolina Dept of Revenue Hacked
Replies: 12
Views: 1058

Re: South Carolina Dept of Revenue Hacked

If it's been a while since you've had the account, probably good to get a new account anyway.

You've been sending your bank account number to every single person you've ever written a check to for likely years. The SC hacker isn't the only one with your full bank account information!
by johnny72
Mon Nov 05, 2012 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What is Needed to Get Free HD Channels on TV?
Replies: 23
Views: 2246

Re: What is Needed to Get Free HD Channels on TV?

Chances are you do not need an antennae to receive many HD channels. Just plug the cable in directly to the TV and do a channel scan. Most TV's produced in the last three years have a built in QAM tuner. If it does, and you can check that with your manufacturer, QAM channels will be picked up direc...
by johnny72
Sun Nov 04, 2012 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: Adventures in loan payoff
Replies: 20
Views: 3405

Re: Adventures in loan payoff

Hopefully you don't plan on ACHing the money out of PenFed's savings account. It has a $5,000 limit per day if I remember correctly.
by johnny72
Sun Nov 04, 2012 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Does paying add'tl mortgage principal always reduce interest
Replies: 27
Views: 5377

Re: Does paying add'tl mortgage principal always reduce inte

The math is the math. You don't pay interest on money you've paid back. I recently paid my mortgage down significantly and it instantly affected my principal/interest mix on my next payment even without recasting the mortgage. If you've paid a few hundred dollars one time though, that's a rounding e...
by johnny72
Sun Nov 04, 2012 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: What is Needed to Get Free HD Channels on TV?
Replies: 23
Views: 2246

Re: What is Needed to Get Free HD Channels on TV?

I am fairly close to the broadcast antennas as well and get no signal whatsoever on the first floor of my house. I get spotty signal with frequent freezes in the picture on the 2nd floor of my house. I get a perfect signal with the antenna mounted at the top of my attic (inside). You don't need a co...
by johnny72
Sun Nov 04, 2012 4:47 pm
Forum: Personal Consumer Issues
Topic: Is it time to install a whole-house generator?
Replies: 193
Views: 25704

Re: Is it time to install a whole-house generator?

I bought a generator on sale at Home Depot about 5 years ago for $250. I had 5 gallons of gasoline in my garage ready to go. Lost power 10/29 at about 9:00 pm and it came on 10/30 at about 7:00 pm so about 22 hours without power. I had the generator running on the side-back patio inside my kids plas...
by johnny72
Sun Nov 04, 2012 4:18 pm
Forum: Personal Consumer Issues
Topic: Another Generator Question [How to minimize gas consumption]
Replies: 28
Views: 2636

Re: Another Generator Question [How to minimize gas consumpt

I have a 3,250 (peak 4,000) watt gasoline generator. I ran it for 4 hours on, 4 hours off for the 21 hours we were without power last week. Had the sump pump hooked up (though it rarely came on - our house is rock-solid about not getting water in the basement), one refrigerator and then the chargers...
by johnny72
Sun Nov 04, 2012 4:14 pm
Forum: Personal Consumer Issues
Topic: When an Ebay Buyer Doesn't Pay
Replies: 31
Views: 3987

Re: When an Ebay Buyer Doesn't Pay

Be very careful with the Ukraine. Next you'll be getting a cashier's check for $5000 and he'll be asking you to deposit it then write him a refund of $4000 - you can keep the thousand for the iPhone. Two weeks later the cashier's check will be exposed as a fraud and you'll be minus one iPhone plus $...
by johnny72
Sun Nov 04, 2012 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Getting promoted, how to ask for retroactive pay?
Replies: 35
Views: 5001

Re: Getting promoted, how to ask for retroactive pay?

If you plan on staying there for the long haul, don't waste their time asking for nickels and dimes. If this is not a long-term thing for you then by all means ask for every nickel you can possibly get. Just realize that your promotion might be killed when they realize you are a short-timer looking ...
by johnny72
Mon Oct 29, 2012 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Getting Married at/after 50
Replies: 109
Views: 12600

Re: Getting Married at/after 50

The fact is that she bought groceries with her money and I did buy presents for my children. Legally, I was stealing from her (or at least taking advantage of her). Later on, we made some adjustments so that the groceries came from the community money, but that stopped when we got divorced. What th...
by johnny72
Sun Oct 28, 2012 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Would you refi this 15y jumbo: 3.625 to 3.125%?
Replies: 8
Views: 1297

Re: Would you refi this 15y jumbo: 3.625 to 3.125%?

No cost loan doesn't mean "no origination fee". Plenty of lenders have truly no cost loans.

Consider a PenFed truly no cost 2.75% 5/5 ARM. Same rate for jumbo if I remember correctly.

Free appraisal, free title insurance, free everything.
by johnny72
Sat Oct 27, 2012 8:30 pm
Forum: Personal Consumer Issues
Topic: Windows 8: Are you upgrading?
Replies: 67
Views: 5937

Re: Windows 8: Are you upgrading?

Already upgraded. It's fantastic. I didn't realize how much I wanted an app store on my desktop but it works as well as my iPhone.
by johnny72
Sat Oct 27, 2012 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Conflict resolution strategies for toxic co-workers
Replies: 18
Views: 2299

Re: Conflict resolution strategies for toxic co-workers

Communicate, communicate, communicate. Things aren't as bad as you think. Talk to each of them like human beings aNd if it doesn't work out, nothing you could do about it. Stress that you're all on the same team, find commonality, etc.

Have you read "How to Win Friends and Influence People" yet?
by johnny72
Wed Oct 24, 2012 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating Salary for a Promotion
Replies: 18
Views: 4649

Re: Negotiating Salary for a Promotion

Still, I feel like I don't want to just accept the first number they give me. In my experience, the primary factors in salary negotiation are: 1. What is your perceived value? Note that actual value is irrelevant. It's what people perceive your value as that is important. 2. Is management willing t...
by johnny72
Tue Oct 23, 2012 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: House selling/buying
Replies: 86
Views: 4110

Re: House selling/buying

I agree that the buyer did not act in good faith here. And I think you have a reasonable claim on the earnest money deposit, though my understanding is that if you tie up the earnest money, the buyer may be able to tie up your property so that you can't sell it. And that doesn't seem worth it given...
by johnny72
Tue Oct 23, 2012 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage/Refi/Short Sale/Walk help
Replies: 6
Views: 908

Re: Mortgage/Refi/Short Sale/Walk help

Isn't FL an unlimited homestead exclusion state? Ask your attorney if you can shield assets by buying another house or otherwise pay down another mortgage with that $100,000. For the $60k you're underwater they might decide its not worth the hassle if you didn't happen to have nearly twice that sitt...
by johnny72
Mon Oct 22, 2012 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Pulling money from Vanguard account. No can do.
Replies: 4
Views: 1274

Re: Pulling money from Vanguard account. No can do.

I can push/pull money to/from my checking account from Vanguard, but cannot not pull money from Vanguard from my checking account. And I like it that way. Sure, nobody wants money stolen from their Vanguard account. The only problem is that if Fidelity had the same rule as Vanguard, the OP would be...
by johnny72
Sun Oct 21, 2012 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Total Net Worth approach to the efficient frontier
Replies: 26
Views: 2274

Re: Total Net Worth approach to the efficient frontier

You are obviously trolling. You are also fabricating the positions of Graham and Bogle. I guess the head boglehead admin and e Wall Street journal must be lying. All it took was a simple google search. http://www.bogleheads.org/forum/viewtopic.php?p=1445536 ://online.wsj.com/article/SB1000087239639...
by johnny72
Sun Oct 21, 2012 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Total Net Worth approach to the efficient frontier
Replies: 26
Views: 2274

Re: Total NW approach to the efficient frontier

The only impression I got from reading your entire post was that you wanted an excuse to have a very large allocation toward equities so you sat down and came up with one.
by johnny72
Tue Oct 16, 2012 4:45 pm
Forum: Personal Consumer Issues
Topic: Cable Free at Last!
Replies: 62
Views: 5710

Re: Cable Free at Last!

arthurb999 wrote:FIOS is pretty cheap... I pay 105/mth for cable (2 boxes, whole house DVR), internet, and phone (for alarm system).
I think it's worth it considering the size of my household...
That's your two year contract price. Wait until your contract is up and it'll shoot to $180+ per month.
by johnny72
Tue Oct 16, 2012 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Parents Who Did Not Plan
Replies: 26
Views: 3658

Re: Elderly Parents Who Did Not Plan

Start pricing retirement communities that automatically transition to assisted living and then on to nursing home care. The actuarily based buy-in fee should cover the transitions. If you cannot make the purchase hurdle or get the monthly expenses to work out then consider how you might help. The l...
by johnny72
Tue Oct 16, 2012 11:49 am
Forum: Personal Finance (Not Investing)
Topic: I ditch Bank of America :-)
Replies: 48
Views: 5046

Re: I ditch Bank of America :-)

Full disclosure: Ally rejected my application for a savings account when they were still named GMAC, so I'm probably biased. With that said, this would make me a bit nervous. Banks are failing on a regular basis, and even with FDIC insurance there may be a waiting period before you get access to yo...