Search found 154 matches

by gator1
Thu Oct 05, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 5429

Anyone go 100% Ally or another online bank for all banking needs?

I know someone asked this question regarding Ally awhile ago but I figured I'd start an updated one. I currently keep an account with a local credit union. I get income from a couple different sources which is done via DD. All of my DD's are sent to my local credit union. I then transfer to Ally wh...
by gator1
Sat Aug 26, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

I've had a tax issue with the IRS which stated I owed them $2600. I replied with a simple letter I typed up myself and they accepted my response :sharebeer and changed the balance due to 0.00 It was well worth the time it took to write the letter. I called my tax guy, who said I was SOL. I've found...
by gator1
Sat Aug 26, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

Its been a while, but my recollection was you had to roll a traditional 401K into a Traditional IRA first, then roll the traditional IRA into a Roth IRA. I didn't think you could roll it directly into a Roth IRA. Perhaps that is the way Vanguard did it, but I wouldn't assume anything. You may have ...
by gator1
Fri Aug 25, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

Its been a while, but my recollection was you had to roll a traditional 401K into a Traditional IRA first, then roll the traditional IRA into a Roth IRA. I didn't think you could roll it directly into a Roth IRA. Perhaps that is the way Vanguard did it, but I wouldn't assume anything. You may have ...
by gator1
Fri Aug 25, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

You need to start by getting a copy of the 1099-R from the 401k provider. Then you need to correctly do your taxes. Otherwise, there is no way to know if the amount the IRS says you owe is correct. Do you know whether or not the IRS included a 10% penalty for early withdrawal? If you had done the t...
by gator1
Fri Aug 25, 2017 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

So hypothetically, if you did have taxes withheld on the original amount when converting to a Roth, wouldn't you owe an early withdrawal penalty because you didn't roll all of it over into the Roth account (unless you were 59.5 years old)? I'm not anywhere near 59.5. Idk, I'm starting to think taxe...
by gator1
Fri Aug 25, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

Correct to the 1099-R questions. I believe I either never received it/saw it or it was misplaced. I do my own taxes and this is the first time I've ever had a mixup. The IRS is calling it a "retirement distribution". Is this correct? Does it matter? I never took any amount of money out, just rolled...
by gator1
Fri Aug 25, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

Did you fill out any paperwork for the "rollover"? Who did you send it to? Did Vanguard pull the money or did the 401K push it over? Or were both accounts already at Vanguard? If you filled out a form(s), did you specify it should be rolled over into a Rollover (traditional) IRA or converted to a R...
by gator1
Fri Aug 25, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

Re: IRS CP2000 Tax Bill Letter - Please Help

Correct to the 1099-R questions. I believe I either never received it/saw it or it was misplaced. I do my own taxes and this is the first time I've ever had a mixup. The IRS is calling it a "retirement distribution". Is this correct? Does it matter? I never took any amount of money out, just rolled...
by gator1
Fri Aug 25, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: IRS CP2000 Tax Bill Letter - Please Help
Replies: 32
Views: 2267

IRS CP2000 Tax Bill Letter - Please Help

I opened the mailbox the other morning to find a letter from the IRS. It's a CP2000 stating I owe $5,000+change(including penalty+interest) from 2015. I know no one ever wants to see these, but it really came at the worst time. It seems I rolled over a 401k from a previous employer to Vanguard, int...
by gator1
Tue Aug 08, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Need A New Verizon MVNO
Replies: 17
Views: 2001

Re: Need A New Verizon MVNO

Thanks for all the feedback. I really like the idea of buying a block of data that doesn't expire in 30 days. I've searched Boom but can't find any info. RE: the cost of extra minutes or data if you go over your allotment. I can't recommend Boom at all. I had a bad experience with them. I had broug...
by gator1
Mon Aug 07, 2017 6:33 pm
Forum: Personal Consumer Issues
Topic: Need A New Verizon MVNO
Replies: 17
Views: 2001

Re: Need A New Verizon MVNO

Total Wireless for about a year. I use the $25 a month unlimited talk and text and it's been fine- I purchased a 3GB data card in December and am still using it. I love that I no longer pay for data that I don't use. I think 3GB will last me about a year. +1. Same setup here. Can't go wrong with th...
by gator1
Sat Aug 05, 2017 2:41 pm
Forum: Personal Consumer Issues
Topic: Help me pick a car
Replies: 54
Views: 4776

Re: Help me pick a car

What would I buy in your shoes?

(In Order, all used)

-Lexus GS Hybrid
-Lexus ES Hybrid
-Toyota Camry Hybrid
-Toyota Prius
by gator1
Fri Aug 04, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 7237

Re: Losing confidence in Ally Bank - what would you do

OP here - Ally credited back the missing funds to my Ally account, not the brick & mortar bank. IOW, I have the funds back, but will have to redo the transfer. So they will be several days late in being where I need them. There are a lot of things I do like about Ally, but I very rarely make outgoi...
by gator1
Thu Aug 03, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 7237

Re: Losing confidence in Ally Bank - what would you do

I like Ally and keep about $100k with them. Other than their online banking being down for long periods of time I've never had issues. I will say though that the money I keep with them is park it and leave it for the most part so maybe if I used it more often there could be more issues with them. I...
by gator1
Thu Jul 27, 2017 7:42 am
Forum: Personal Finance (Not Investing)
Topic: MVNO's versus the Big 4
Replies: 52
Views: 5170

Re: MVNO's versus the Big 4

they kicked me off saying I use too many voice minutes (even though it's unlimited) WHAT? Is this common? I have been considering switching to MVNO lately but this of course would make me hesitate. I will say that it seems like the smaller companies are the ones that kick people off. The larger one...
by gator1
Wed Jul 26, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: MVNO's versus the Big 4
Replies: 52
Views: 5170

Re: MVNO's versus the Big 4

I have been with a Verizon MVNO for years. Last I was on Boom Mobile but the day before I was set to renew my account they kicked me off saying I use too many voice minutes (even though it's unlimited) and put me in a bind where I temporarily lost phone service. This is after promoting them on here...
by gator1
Wed Jul 26, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: MVNO's versus the Big 4
Replies: 52
Views: 5170

Re: MVNO's versus the Big 4

I have been with a Verizon MVNO for years. Last I was on Boom Mobile but the day before I was set to renew my account they kicked me off saying I use too many voice minutes (even though it's unlimited) and put me in a bind where I temporarily lost phone service. This is after promoting them on here...
by gator1
Fri Jun 30, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Car Finance 1.49% a Good Rate?
Replies: 40
Views: 3494

Re: Car Finance 1.49% a Good Rate?

It's still shocking to me lenders are handing out 72-84+ month loans on cars. I don't think we are too far off from 108 month car loans. It's just as shocking to me people walk in by the droves to sign up to rent a rapidly depreciating item under such agreement in hopes one day they will actually o...
by gator1
Mon Jun 12, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: Ally Website and Mobile Banking Down???
Replies: 14
Views: 1689

Re: Ally Website and Mobile Banking Down???

Anyone have online banking access back now BUT can't sync between Ally and Quicken or Personal Capital? Both keep telling me I have incorrect credentials. This only started today when Ally was back down again. I can login fine on Ally's website and app now, but can't sync with Q or PC. Hmm.
by gator1
Sun Jun 11, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: 2004 LEXUS RX 330
Replies: 46
Views: 3417

Re: 2004 LEXUS RX 330

I can't believe how many people on here are encouraging this $31,000 in debt. The OP just finally got out of debt, then made a stupid(yes, stupid) purchase to go back into debt, and you are encouraging the OP to stay in debt for years. That's crazy to me. The OP is a Dave Ramsey guy, which the goal...
by gator1
Sun Jun 11, 2017 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your Savings?
Replies: 24
Views: 3779

Re: Where do you keep your Savings?

I put everything in one pot pretty much for simplicity. Lets say I have 100k in savings. 98% is in a No Penalty CD at Ally earning 1.35%. The other 2% is in Savings at Ally earning 1.05%.
by gator1
Sat Jun 03, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: car oil changes a scam maybe ?
Replies: 18
Views: 1836

Re: car oil changes a scam maybe ?

I don't think they are a scam but I do think changing every 3,000 is unnecessary. My car has a light that comes on every 5,000 miles saying to take it in for service. It usually gets to at least 6,000 before I actually do. I'm sure it could get to 8,000 and be okay, too. I just take it to a cheap o...
by gator1
Thu Jun 01, 2017 2:11 pm
Forum: Personal Consumer Issues
Topic: Battery replaced on Prius hybrid car
Replies: 14
Views: 2356

Re: Battery replaced on Prius hybrid car

Same year Prius as you. Bought mine used from a Doctor. They had already replaced the Hybrid Battery when I bought it. Man, that is an expensive fix and I'm glad I found one where it was already changed out. They gave me the paperwork and Toyota replaced it and backed it with so many miles/years wa...
by gator1
Thu Jun 01, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with first savings
Replies: 9
Views: 1040

Re: What to do with first savings

Your income is $23k but a house is $200-$250k? Lets start with your income. . . . . Is $23k the normal for your age and skill level? As for the house . . . . Here a $23k income with no debt we would recommend you look at a house no more than $100k. That would be the absolute tops. Most would probab...
by gator1
Sun May 28, 2017 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Where to save for house downpayment?
Replies: 12
Views: 1919

Re: Where to save for house downpayment?

I keep mine at Ally HYS earning 1.05%. My timeframe is a little different than yours though. I have enough to buy tomorrow but am being patient so I guess technically it could be years down the line but hopefully not. I'd still leave it in Ally if I were in your shoes though as it's risk free.
by gator1
Sun May 28, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Debit card backup
Replies: 17
Views: 1672

Re: Debit card backup

IMO, Credit Cards are okay if you just have 1 and pay it off monthly. This is what I have always done since day 1. I've had the same 1 card (Chase Freedom) and always pay it off monthly via autopay. Most of the time, I will pay it off the second I use it so it works exactly like a debit card and th...
by gator1
Fri May 26, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Ally 1 Day Transfer
Replies: 40
Views: 6689

Re: Ally 1 Day Transfer

The firms that require all that hassle are banking on customers forgetting to do the required transfers to be able to earn the higher interest, otherwise they simply do not pay it. This all certainly sounds like a scheme and a hassle to me. For those who wish to be part of all that, go right ahead,...
by gator1
Mon May 22, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: To auto loan or not to auto loan?
Replies: 23
Views: 1886

Re: To auto loan or not to auto loan?

IMO, cars should always be paid in cash. I don't even think car loans should be a thing, especially this 60+ month crap. My terrible-with-finances sister just filed for bankruptcy over $80,000 in personal loan debt. Not but weeks later she walks into Honda and they write her a loan for $17,000(+ ta...
by gator1
Mon May 15, 2017 7:26 pm
Forum: Personal Consumer Issues
Topic: Adblockers
Replies: 14
Views: 1594

Re: Adblockers

Can't comment on Firefox(Haven't used it in awhile) but I use a combo of Safari and Chrome and for Adblockers I use a combo between the 2 browsers of Adguard(My new favorite), Adblock, Adblock Plus, and Ghostery.
by gator1
Mon May 15, 2017 2:21 pm
Forum: Personal Consumer Issues
Topic: Help convince me it's okay (or not): new vehicle
Replies: 30
Views: 3145

Re: Help convince me it's okay (or not): new vehicle

Buy a $15,000ish vehicle with cash(You will be surprised at what kind of vehicle $15,000 cash can get you . . . . pretty darn nice. Save yourself $10,000 plus off the # you originally were at. After buying new vehicle, sell the old vehicle privately to get the most you possibly can out of it. *I on...
by gator1
Sun May 07, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 71
Views: 8907

Re: How do Bogleheads buy cars?

Personally: I buy cars with cash only. It's a depreciating value, so it should be paid in cash. I also stay under 10% of my net worth, usually closer to 5% of net worth. So, I will get whatever I feel I can get with that, which usually is no more than $15,000. I then keep it for years. If your empl...
by gator1
Sat Apr 29, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Which High-Yield Online Savings Account Should I Open?
Replies: 72
Views: 10187

Re: Which High-Yield Online Savings Account Should I Open?

When I was going through a similar search I narrowed it down to Ally, Alliant, and Barclays. Those were the only 3 I looked at seriously from that point on. I also debated doing the Rewards Checking but those rates fluctuate a lot and I didn't want to mess with it. I wanted park it and leave it. I ...
by gator1
Sat Apr 29, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Money rolled to Vanguard to VTSAX
Replies: 4
Views: 575

Re: Money rolled to Vanguard to VTSAX

Call Vanguard. I don't usually like to call places but when I opened an account with Vanguard I called and had them walk me through it just to be on the safe side. It's worth the call, and it's free.
by gator1
Sat Apr 29, 2017 12:53 pm
Forum: Personal Consumer Issues
Topic: Wrist based heart rate monitors
Replies: 35
Views: 2789

Re: Wrist based heart rate monitors

I have the Fitbit Charge HR. I've had it for a couple years and have had it replaced twice. Man, this thing is not consistent at all, especially with counting steps. It's usually off by 500-1,000 steps per day, sometimes more. I've tinkered with the settings, it doesn't matter. I've found the resti...
by gator1
Wed Apr 26, 2017 11:38 am
Forum: Personal Consumer Issues
Topic: Social media marketing service ?
Replies: 9
Views: 743

Re: Social media marketing service ?

raptor001 wrote:What do you guys recommend someone in my position do?
Hire me. :D
by gator1
Wed Apr 26, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Replacing MacBook Pro (retina) Battery
Replies: 12
Views: 1014

Re: Replacing MacBook Pro (retina) Battery

Apple Store replaced my battery for free. I set up an appointment and left my laptop with them for a couple of days. That's what I did. If I had to pay, then I would consult youtube.com instead of bogleheads.org since one cannot post videos here. Just curious: How did you get it replaced for free? ...
by gator1
Tue Apr 25, 2017 6:56 pm
Forum: Personal Consumer Issues
Topic: Replacing MacBook Pro (retina) Battery
Replies: 12
Views: 1014

Re: Replacing MacBook Pro (retina) Battery

Apple Store replaced my battery for free. I set up an appointment and left my laptop with them for a couple of days. That's what I did. If I had to pay, then I would consult youtube.com instead of bogleheads.org since one cannot post videos here. Just curious: How did you get it replaced for free? ...
by gator1
Tue Apr 25, 2017 6:53 pm
Forum: Personal Consumer Issues
Topic: Replacing MacBook Pro (retina) Battery
Replies: 12
Views: 1014

Re: Replacing MacBook Pro (retina) Battery

DIY: https://www.ifixit.com/Guide/MacBook+Pro+13-Inch+Retina+Display+Late+2013+Battery+Replacement/27316 I personally do them myself but I used to work for Apple and have the tools. The Retina's are great until you need them worked on, then they are not so great. The old non-retina's were easy to w...
by gator1
Sat Apr 15, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: It's not too late to make a last-minute T-IRA contribution via Vanguard.com, right?
Replies: 11
Views: 855

Re: It's not too late to make a last-minute T-IRA contribution via Vanguard.com, right?

I called Vanguard with this question. I called a second time to make sure the first rep was correct. Both told me the same: 4pm Eastern Tuesday is deadline. I'm not chancing it. I'll put the remaining $ in by 3 or so.
by gator1
Thu Apr 13, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest in Roth IRA this year?
Replies: 15
Views: 1196

Re: Should I invest in Roth IRA this year?

I'm 30 and 100% Vanguard Total Stock Market in my Roth. Putting more in it today.
by gator1
Tue Apr 04, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 4425

Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

My gf's employer gives them 20 days of vacation and sick time per year. However, if you leave the company the employer keeps the PTO and there is no payout for the time. This starts the second you give a 2 week(or however long you want to give) notice. A girl just gave a 2 1/2 week notice that she ...
by gator1
Fri Mar 31, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 25657

Re: Currently have $700,000 at 26 years old get $100,000 a year

You do realize that at some point an older guy hanging around college students all the time becomes pathetic? And you are rapidly approaching that point. What do you see for your future? I was thinking the same thing. An Essentially 27 year old is talking about "college life". It's approaching time...
by gator1
Fri Mar 31, 2017 11:31 am
Forum: Investing - Help with Personal Investments
Topic: Currently have $700,000 at 26 years old get $100,000 a year
Replies: 165
Views: 25657

Re: Currently have $700,000 at 26 years old get $100,000 a year

A) Do not let any potential girlfriend know about your finances. (They may be able to easily figure it out if they are halfway intelligent w/ no money coming in but money going out) B) Get a prenup. C) If you get married and have kids make sure they are well taken care of if you pass. D) No offense...
by gator1
Thu Mar 30, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - access issues, normal?
Replies: 13
Views: 1247

Re: Ally Bank - access issues, normal?

they can now transfer funds to/from external accounts in a single day without a fee. oh really? I thought when Ally transferred to popmoney this got shut down? With my credit union, popmoney charges a $2-3 fee to do a 1 day transfer. One thing I really like about Barclays is their 1 day external AC...
by gator1
Thu Mar 30, 2017 6:11 am
Forum: Investing - Help with Personal Investments
Topic: Emergency & Short Term Cash
Replies: 5
Views: 866

Re: Emergency & Short Term Cash

I've about 6 months of emergency fund (50k) and saved about 100k for 20% downpayment to purchase house in near future (price range 500k or less). We are waiting for the right house to come by and are not in any rush. I'm thinking of "safely" investing this 150k rather than sitting in bank savings a...
by gator1
Mon Mar 27, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Another house buying decision thread
Replies: 4
Views: 582

Re: Another house buying decision thread

I enjoy a good nights sleep, and I hate noise. You can't place a monetary value on that. I'd move and wouldn't think twice about it. I'm only 30, but noise bugs me. Whenever I've looked for places I make sure the neighbors are older. Idc if my next door neighbor is 70 and wants to carry on a 2 hour...
by gator1
Mon Mar 27, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Ally vs Discover
Replies: 20
Views: 5283

Re: Ally vs Discover

Ally.

No experience with Discover. My coin-flip was between Ally and Alliant CU. I picked Ally because more Bogleheads use Ally. Follow the Leader kind of thing.
by gator1
Fri Mar 24, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: Anyone use Verizon wireless prepaid for cell phones???
Replies: 41
Views: 4467

Re: Anyone use Verizon wireless prepaid for cell phones???

Does Boom Mobile charge any roaming fees, or other types of fees? No Is the service EXACTLY like going through Verizon? Yes** I If so, what would be the reason to pay more by going direct through Verizon? VOLTE?(Ability to use data and talk on phone at same time)? Boom is supposed to be getting thi...
by gator1
Fri Mar 24, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What online bank do you use?
Replies: 68
Views: 7876

Re: What online bank do you use?

Ally.

I keep a local CU checking account because it can be linked to my Ally account for easy transferring. I keep between anywhere from $300-$1,000 in this as it's easy accessible. 99.9% of my "cash" is at Ally which I joined thanks to Bogleheads. Do the same! :happy