Search found 260 matches

by Geist
Sat Apr 08, 2017 5:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Taking-In $2 Billion a Day in New Cash
Replies: 30
Views: 6457

Re: Vanguard Taking-In $2 Billion a Day in New Cash

Could this eventually create a Problem for us though? If a ton of new to indexing investors are pouring money into these funds then next market correction panic cause they're not committed Bogleheads, couldn't this kill tax efficiency and NAV beyond what the underlying stocks experience? I think so...
by Geist
Thu Apr 06, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Citi Costco Visa -- 3% back on travel/restaurants
Replies: 5
Views: 1699

Re: Citi Costco Visa -- 3% back on travel/restaurants

Yes, Fast Food should be included in Restaurants. If you want to look up how a purchase should be coded, you can use Visa's lookup tool to see what Merchant Category Code a particular location is assigned - https://www.visa.com/supplierlocator/search/index.jsp Winningest response -- thread complete...
by Geist
Thu Apr 06, 2017 11:22 pm
Forum: Personal Finance (Not Investing)
Topic: Rental properties-Where to keep emergency repair fund
Replies: 4
Views: 679

Re: Rental properties-Where to keep emergency repair fund

Mine is at Ally as well, sitting alongside all of my other short-term cash savings. It was a simple solution, especially since I already had an account designated for repairs from when our rental was our primary home. Now it simply doubles as the repair fund/vacancy fund.
by Geist
Thu Apr 06, 2017 11:17 pm
Forum: Personal Investments
Topic: US Savings Bonds vs Vanguard intermediate-term tax-exempt fund
Replies: 8
Views: 1378

Re: US Savings Bonds vs Vanguard intermediate-term tax-exempt fund

My advice is to hold on to the I-bonds as long as you can and use them as part of your fixed income portion of your portfolio. You've held them since 2003, so I'm assuming the fixed rate is around 1%, which is pretty good. So even with deflation you earn a minimum of 1% vs a 2% yield on a bond fund...
by Geist
Thu Apr 06, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: Is anyone using Apple CarPlay? My preferred car company isn't...
Replies: 33
Views: 3883

Re: Is anyone using Apple CarPlay? My preferred car company isn't...

I recently got a new VW Golf (traded in my "cheating" Golf TDI), and it is compatible with both Apple CarPlay and Android Auto. When I was researching the car, I honestly figured it was a gimmicky tech toy... But I've actually been quite impressed. The integration is surprisingly seemless, and does ...
by Geist
Sun Apr 02, 2017 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Young-ish bogleheads: How much (if any) social security do you expect in retirement?
Replies: 88
Views: 7617

Re: Young-ish bogleheads: How much (if any) social security do you expect in retirement?

DW & I are 31/30, and social security is not entering into my planning at all. Problem is that over the next 30-40 years, there's almost guaranteed to be so much change in the program, in the government, and in our society that I fully expect SS to be radically different. If the program still exists...
by Geist
Thu Mar 30, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?
Replies: 31
Views: 5441

Re: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?

You have to remember -- money is fungible. It might help to separate in your mind the cash back reward from the Roth IRA contribution. So... Credit card rewards are non-taxable. CC rewards are also "unearned" income, thus not (in and of themselves) qualifying for a Roth IRA contribution -- you need...
by Geist
Thu Mar 30, 2017 12:24 pm
Forum: Investing - Theory, News & General
Topic: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?
Replies: 31
Views: 5441

Re: Is a Fidelity VISA 2% cashback contribution to a Roth IRA tax-free?

You have to remember -- money is fungible. It might help to separate in your mind the cash back reward from the Roth IRA contribution. So... Credit card rewards are non-taxable. CC rewards are also "unearned" income, thus not (in and of themselves) qualifying for a Roth IRA contribution -- you need ...
by Geist
Sun Mar 19, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Rule of Thumb for Getting Rid of Car
Replies: 51
Views: 9196

Re: Rule of Thumb for Getting Rid of Car

Personally, from a maintenance standpoint, I'd keep the car until it actually fails... Wait for the CVT (or another major component) to die, building up cash in the meantime, then when you're having a $2k-$3k fix, replace it. With that said, there may be reasons that you can't tolerate waiting for i...
by Geist
Tue Feb 21, 2017 12:34 am
Forum: Personal Investments
Topic: Newly married, how to move wife's accounts ?
Replies: 17
Views: 2122

Re: Newly married, how to move wife's accounts ?

Transfer-in-Kind will be be smoothest option for you to get everything moved over. Simplest option is to just sell it, then send the money to Vanguard. This is contradictory. Yes, and intentionally so -- I meant those to be two totally separate options, apologies if that was unclear. One may either...
by Geist
Mon Feb 20, 2017 11:42 pm
Forum: Personal Investments
Topic: Newly married, how to move wife's accounts ?
Replies: 17
Views: 2122

Re: Newly married, how to move wife's accounts ?

Transfer-in-Kind will be be smoothest option for you to get everything moved over. Simplest option is to just sell it, then send the money to Vanguard. After literally 1.5 years trying to get my wife's Roth IRA transferred from a scummy managed fund over to Vanguard, I finally just sold it & moved t...
by Geist
Sun Feb 19, 2017 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for my Age - 28
Replies: 21
Views: 3049

Re: Advice for my Age - 28

why not max out the TSP? Agreed. That's the simplest answer for your extra cash, and an excellent option. If you're not interested in funneling any more into retirement, paying down the mortgage is a safe option to earn an effective 2.25% return, comparable to a CD or bond. If you want to earn more...
by Geist
Sun Feb 19, 2017 8:36 pm
Forum: Personal Investments
Topic: 100% Stock Portfolio? - 20s Military Investor
Replies: 13
Views: 2542

Re: 100% Stock Portfolio? - 20s Military Investor

Can you? Absolutely. I spent the first 8 years of my investing life (2006-2014) in 100% stock. I was fine with it, even through (or perhaps because of) the recession. As you said, you have alot of time to overcome downturns and recover losses. Plus, the military provides a wonderfully secure, predic...
by Geist
Sun Feb 19, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Anxiety about buying used car
Replies: 50
Views: 5656

Re: Anxiety about buying used car

Last summer my wife needed a new car. We looked around at private sale offerings, but as stated above, I'm unwilling to trust most dealers. We ended up buying from CarMax. I know that we paid a ~$500-$1000 premium going that route, but they simple, honest, and reasonable. I'll eat a slightly higher ...
by Geist
Mon Feb 06, 2017 12:33 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase downpayment sourcing
Replies: 14
Views: 1769

Re: Home Purchase downpayment sourcing

I have the equity in my current home to cover this downpayment, but I won't be able (and don't want the stress to) sell it before buying this new home. So accessing savings would be a temporary way to access these funds, then they would be replaced by the equity I get out of my house. IMO, this sta...
by Geist
Mon Feb 06, 2017 12:19 am
Forum: Personal Consumer Issues
Topic: Best if used by, sell by?
Replies: 26
Views: 3748

Re: Best if used by, sell by?

At this time, there is not regulation requiring companies to use any sort of standardized method of determining what the best by/use by/expiration/etc. dates. There are, however, efforts to establish and/or regulate at least some of what the different terms mean -- namely, "Expiration" = safety of u...
by Geist
Sun Feb 05, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Employer requesting signing NDA
Replies: 21
Views: 2492

Re: Employer requesting signing NDA

I would inform my boss that I am quitting soon and would prefer not to sign such an NDA. Quit if forced to. But your contract, regardless if on good terms or not, should stipulate your vacation days getting paid or not. Agreed. There's not much reason to sign a new NDA if you're already quitting th...
by Geist
Mon Jan 16, 2017 3:06 am
Forum: Personal Investments
Topic: Emergency Fund in Series I Savings Bonds
Replies: 9
Views: 2288

Re: Emergency Fund in Series I Savings Bonds

Emergency funds: ~1k (which I know is low and what this post is about :) Debt: ~5k on credit card with ~7 months of 0%* Tax Filing Status: Single Gross Pretax Income: $105K Expenses: $18K Net Worth Taxable: 100K Tax-deferred: 50K Roth: 10K Let me get this straight.... your gross income is nearly 6x...
by Geist
Sun Jan 08, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: The funk - gym clothes
Replies: 46
Views: 5485

Re: The funk - gym clothes

One more thing that can help -- if you can, hang them out to dry in the sun. The sun (UV specifically) can kill off alot of the bacteria that create bad smells.
by Geist
Sun Jan 08, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: The funk - gym clothes
Replies: 46
Views: 5485

Re: The funk - gym clothes

Add white vinegar as your "fabric softener" in the wash. We just buy a big bottle of it & keep it in the laundry room. If you want to go hard & heavy, pre-soak in a bucket/sink of water with a cup of vinegar. Those have worked for just about any "funk" we've encountered, to include our son's cloth d...
by Geist
Sat Jan 07, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Ally 1 Day Transfer
Replies: 40
Views: 9480

Re: Ally 1 Day Transfer

Ally posted a message: Qualified transfers to or from your Ally Bank account now take 1 business day. If you scheduled transfers before 1/7/17 they will receive 3-day delivery. To view or edit your transfer, go to Activity. Does anyone know if recurring transfers (that won't fire for a while, and t...
by Geist
Thu Jan 05, 2017 12:45 am
Forum: Personal Investments
Topic: Child's 529 Or UTMA Account
Replies: 3
Views: 617

Re: Child's 529 Or UTMA Account

We decided to go with "Both". Our son has a 529 that we're steadily building up, and expect it to cover at least half of future college expenses. However, we're also slowly adding to a UGMA savings account for him with which we'll have more flexibility in the future. I don't foresee receiving any so...
by Geist
Tue Jan 03, 2017 1:44 am
Forum: Personal Consumer Issues
Topic: Cleaning microwave oven glass behind screen
Replies: 8
Views: 1606

Re: Cleaning microwave oven glass behind screen

Microwave a small (glass) dish of white vinegar for a minute or two. Canned/pressurized air should then be able to dislodge the gunk and either blow it out from behind the mesh.... or at least hide it along the edges to where you at least can't see it & won't know that there's something gross hiding...
by Geist
Tue Jan 03, 2017 1:29 am
Forum: Investing - Theory, News & General
Topic: Are Younger people funding 529 Plans?
Replies: 109
Views: 10425

Re: Are Younger people funding 529 Plans?

Agreed with all the points by Chadnudj & bligh. Quite simply, there are numerous financial priorities for young parents more important than funding a 529. WIth that said, DW & I are 31/30, and we did start a 529 when our son (1.5 y/o) was born, but only adding $200/mo to it, and likely will stick to...
by Geist
Tue Jan 03, 2017 1:13 am
Forum: Personal Finance (Not Investing)
Topic: USAA Dividend Distribution
Replies: 28
Views: 6484

Re: USAA Dividend Distribution

I was aware that USAA was composed of a group of companies, but I never realized that they had multiple companies for the same purpose (e.g., 4+ insurers), much less that they break up their members between those companies based on their tiering structure.... How do you know what company you are ins...
by Geist
Mon Jan 02, 2017 1:03 am
Forum: Personal Finance (Not Investing)
Topic: USAA Dividend Distribution
Replies: 28
Views: 6484

Re: USAA Dividend Distribution

Already got mine in Dec as well... doubt you'll receive anything. Don't worry, was significantly lower than usual for me this year it seemed :'( I noticed that as well, lower almost by half than normal. For OP, if you have insurance with USAA, you will get a subscriber's distribution every December...
by Geist
Wed Dec 28, 2016 1:58 am
Forum: Personal Investments
Topic: 1.2% Fixed Ibonds
Replies: 3
Views: 1261

Re: 1.2% Fixed Ibonds

Well, if I were in this situation, I would hold onto these bonds for as long as possible. I certainly would not sell early to avoid a few pennies extra tax. You know, if you need the money, you need the money. That's part of these bonds' purpose. It is part of why we save money. But I would sell as...
by Geist
Mon Dec 26, 2016 12:48 pm
Forum: Personal Investments
Topic: Investing to buy a home
Replies: 8
Views: 1565

Re: Investing to buy a home

Personally I used a much more aggressive AA to invest for buying a home. Something like 60/40 stocks/bonds. VTSAX for the stock portion, and whatever bond fund strikes your fancy. At the time I used a combination of GNMA & I-Bond, which worked for me, but may or may not have been entirely sound. Bo...
by Geist
Mon Dec 26, 2016 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 8490

Re: large purchase

Will an 80% credit utilization on this one credit card negatively impact your credit/credit score? Yes, without a doubt. But it won't trash your credit. The biggest question is this: Are you going to need your credit for anything else in the near future? I'm talking about home purchase/new apartmen...
by Geist
Mon Dec 26, 2016 11:42 am
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 8490

Re: large purchase

Will an 80% credit utilization on this one credit card negatively impact your credit/credit score? Yes, without a doubt. But it won't trash your credit. The biggest question is this: Are you going to need your credit for anything else in the near future? I'm talking about home purchase/new apartment...
by Geist
Mon Dec 26, 2016 10:59 am
Forum: Personal Investments
Topic: Investing to buy a home
Replies: 8
Views: 1565

Re: Investing to buy a home

Personally I used a much more aggressive AA to invest for buying a home. Something like 60/40 stocks/bonds. VTSAX for the stock portion, and whatever bond fund strikes your fancy. At the time I used a combination of GNMA & I-Bond, which worked for me, but may or may not have been entirely sound. Bot...
by Geist
Fri Dec 23, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Auto loan through PenFed. They require a VIN number?
Replies: 35
Views: 14133

Re: Auto loan through PenFed. They require a VIN number?

We bought a car with a PenFed loan back in August. We just found the car we wanted, negotiated the price, called PenFed to set up the final details & arrange the loan check, then we put down a cash deposit for them to hold the car for us until the check from PenFed arrived in the mail. We weren't in...
by Geist
Tue Dec 13, 2016 12:11 am
Forum: Investing - Theory, News & General
Topic: Trying to fund retirement in late 20s.
Replies: 23
Views: 3527

Re: Trying to fund retirement in late 20s.

There are severalthings you are missing in your plan. 4) By spreading your savings out over several decades you will get the benefit of dollar cost averaging. If you save all that money over the next five years then you could get unlucky and have poor investing returns over the next five or ten yea...
by Geist
Sun Nov 06, 2016 7:14 pm
Forum: Personal Investments
Topic: Where To Put Your Emergency Fund?
Replies: 11
Views: 2859

Re: Where To Put Your Emergency Fund?

I also subscribe to the KISS philosophy, and to combat inflation effects, most all of my EF is held in I-Bonds. The remainder (1 month's expenses) is in an alt savings account, partly as a holding tank for future I-Bond purchases, and also to give quick access to the EF if needed for smaller or mor...
by Geist
Sun Nov 06, 2016 2:58 pm
Forum: Personal Investments
Topic: Where To Put Your Emergency Fund?
Replies: 11
Views: 2859

Re: Where To Put Your Emergency Fund?

I also subscribe to the KISS philosophy, and to combat inflation effects, most all of my EF is held in I-Bonds. The remainder (1 month's expenses) is in an alt savings account, partly as a holding tank for future I-Bond purchases, and also to give quick access to the EF if needed for smaller or more...
by Geist
Sat Oct 08, 2016 5:05 pm
Forum: Personal Investments
Topic: Oops... Wash sale?
Replies: 4
Views: 578

Re: Oops... Wash sale?

So that makes it seem like it's merely a temporary accounting headache. If the loss is still able to be claimed (eventually), I don't understand what the fuss is about. Sure, I can't claim the loss right now, but I get the benefit of the loss in the future -- It either has higher lost value, or lowe...
by Geist
Sat Oct 08, 2016 2:53 pm
Forum: Personal Investments
Topic: Oops... Wash sale?
Replies: 4
Views: 578

Oops... Wash sale?

I recently sold most of my taxable investments for a home downpayment. Some of my shares were sold at a slight loss. I only realized after the fact that my automatic investment plan was still in effect. I had intended to stop them a month or two previously, but with everything going on in the proces...
by Geist
Thu Oct 06, 2016 7:44 pm
Forum: US Chapters
Topic: Hurricane Matthew
Replies: 61
Views: 11712

Re: Hurricane Matthew

My father is a meteorologist with the National Hurricane Center in Miami.... I asked him for his read on this particular storm, and here's what he had to say: The hurricane is far enough offshore and we are on the weaker western side of the wind field that all we've had is a few rain squalls with gu...
by Geist
Thu Oct 06, 2016 7:38 pm
Forum: Forum Issues and Administration
Topic: weather watch [Hurricane Matthew, potential site impact]
Replies: 27
Views: 7842

Re: weather watch [Hurricane Matthew, potential site impact]

Post deleted & moved to the "Hurricane Matthew" thread pointed out by LadyGeek...
by Geist
Mon Oct 03, 2016 12:12 am
Forum: Personal Investments
Topic: Moving Up To Admiral from Investor, do You pay taxes? (Taxable Account)
Replies: 8
Views: 1842

Re: Moving Up To Admiral from Investor, do You pay taxes? (Taxable Account)

Similar/related question (slight hijack).... I recently pulled out the majority of my taxable investments for a sizable home downpayment. Balances between 2 admiral funds are now only $4k & $1k. So how quickly will they return my admiral shares to be investor-level shares again? I'm hoping to get t...
by Geist
Sat Oct 01, 2016 2:52 am
Forum: Personal Investments
Topic: Moving Up To Admiral from Investor, do You pay taxes? (Taxable Account)
Replies: 8
Views: 1842

Re: Moving Up To Admiral from Investor, do You pay taxes? (Taxable Account)

Similar/related question (slight hijack).... I recently pulled out the majority of my taxable investments for a sizable home downpayment. Balances between 2 admiral funds are now only $4k & $1k. So how quickly will they return my admiral shares to be investor-level shares again? I'm hoping to get th...
by Geist
Sun Sep 04, 2016 6:20 pm
Forum: Personal Consumer Issues
Topic: Emergency radio with hand crank
Replies: 30
Views: 4398

Re: Emergency radio with hand crank

I live in Oklahoma (a.k.a. Tornado Alley), so a decent emergency radio was one of my first purchases when I moved here. Amazon has a variety of decent options from "Ambient Weather". You can get one for less than $30, and most of them all include a flashlight, hand crank, solar panel, AM/FM/NOAA rad...
by Geist
Sun Aug 14, 2016 9:56 am
Forum: Personal Investments
Topic: Putting Your Emergency Fund In I Bonds?
Replies: 28
Views: 7896

Re: Putting Your Emergency Fund In I Bonds?

I think that I-Bonds are perfect for an EF. I keep 1 month of expenses in an Ally savings account (just to prevent accessing I-Bonds for a smaller "emergency" event), then the rest is held in I-Bonds that I purchased over the course of a few years. I-Bonds earn more interest than my Ally savings, an...
by Geist
Sun Aug 14, 2016 9:36 am
Forum: Personal Consumer Issues
Topic: Audi / VW TDI Buyback. Are you waiting or selling back ASAP?
Replies: 14
Views: 2326

Re: Audi / VW TDI Buyback. Are you waiting or selling back ASAP?

I'm most likely just taking the buyback as soon as it's available for my '12 Golf TDI. As much as I seriously love my car (for comfort, drivabililty, and fuel economy), it's just not entirely practical for us anymore. I got my Golf well before I married or even met my wife, and having both a 1y/o an...
by Geist
Sun Aug 14, 2016 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Joint Accounts - How do you use it?
Replies: 103
Views: 10639

Re: Joint Accounts - How do you use it?

We initially planned to do similar to your proposed joint/his/her setup, but after just a few weeks, we quickly realized that it didn't work for us. So we just have a joint checking, joint savings accounts for a variety of purposes (EF, car savings, vacation savings, etc), and joint credit cards tha...
by Geist
Wed Mar 09, 2016 9:52 am
Forum: Personal Consumer Issues
Topic: Seeking Advice On An HOA Special Assessment
Replies: 22
Views: 4315

Re: Seeking Advice On An HOA Special Assessment

8foot7 wrote:I would not prepay this obligation unless you are sure you will be in this condo in 10 years.
^^This. You'd technically break even after 8 years...though that doesn't account for lost time-value of the pre-paid money.
by Geist
Tue Mar 08, 2016 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Want to quit my job and move to a LCOL area. Thoughts?
Replies: 24
Views: 5044

Re: Want to quit my job and move to a LCOL area. Thoughts?

Random Poster wrote:
Geist wrote: . . . OU & OSU are both in the outskirts of town (Norman & Guthrie) . . . .
OSU is in Stillwater.
hahaha oops... right! (I'm on the OU side of OKC, can you tell?) I'll fix the original...
by Geist
Tue Mar 08, 2016 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Want to quit my job and move to a LCOL area. Thoughts?
Replies: 24
Views: 5044

Re: Want to quit my job and move to a LCOL area. Thoughts?

I only recommend it because I currently live here and can speak about it personally...but Oklahoma City could be a good option for you. It has one of the lowest COLAs in the country, and it's actually experiencing a fair amount of growth in the IT arena. It's not a major urban area, but it's large e...
by Geist
Tue Mar 08, 2016 12:06 pm
Forum: Personal Investments
Topic: Young Army Officer in Need of Financial Plan Feedback
Replies: 33
Views: 3653

Re: Young Army Officer in Need of Financial Plan Feedback

Junior captain signing on. A) Max out your Roth IRA first ($458.33/mo). Do this every year, no matter what. B) Send the remainder ($142.67/mo, or as much as you can comfortably manage) into your Roth TSP. Over time, increase this amount until you can max out your Roth TSP every year. Currently that...
by Geist
Sun Mar 06, 2016 9:55 pm
Forum: Personal Investments
Topic: Young Army Officer in Need of Financial Plan Feedback
Replies: 33
Views: 3653

Re: Young Army Officer in Need of Financial Plan Feedback

Captain here as well... You seem to have $600/mo to play with, which is a good start. My recommendation is two-fold: 1) Maximize & focus on retirement savings 2) Maximize the use of your Roth options. 1) You're in your early 20's with 40+ years until you retire... If you can front-load a significant...