Search found 276 matches

by bryansmile
Wed Jul 01, 2020 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Worth it to refinance?
Replies: 10
Views: 828

Re: Worth it to refinance?

The CONs of refinancing: longer term 10 years vs. 6 years and 10 months left from original mortgage, high closing costs. I can take the amount saved each month and pay extra on the mortgage, so I can pay it off sooner than 10 years. With the refinance, if you make the same payment amount each month...
by bryansmile
Tue Jun 30, 2020 5:13 pm
Forum: Personal Investments
Topic: Where to invest $25k at this moment?
Replies: 17
Views: 2823

Re: Where to invest $25k at this moment?

nasa fcu 9 month cd at 1.5%.
by bryansmile
Tue Jun 30, 2020 11:38 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16286

Re: What is the best financial decision you ever made?

Sticking with 30 year mortgages and applying extra cash toward maxing out HSAs and various retirement accounts since early career days.
by bryansmile
Tue Jun 30, 2020 10:52 am
Forum: Personal Consumer Issues
Topic: New laptop/desktop for [Work From Home]?
Replies: 58
Views: 4176

Re: New laptop/desktop for [Work From Home]?

I think after a ton of paralysis in the analysis ... I’ve found one I really like (love lightweight): Acer Swift 3 Thin & Light Laptop, 14" Full HD IPS, AMD Ryzen 7 4700U Octa-Core Processor with Radeon Graphics, 8GB LPDDR4, 512GB NVMe SSD, WiFi 6, Backlit Keyboard, Fingerprint Reader, SF314-42-R9Y...
by bryansmile
Wed Jun 24, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: When does purchasing Umbrella Insurance Coverage makes sense?
Replies: 97
Views: 5949

Re: When does purchasing Umbrella Insurance Coverage makes sense?

Did the cost of umbrella insurance go up more than it would've cost to get $2 million in coverage? I assume auto insurance rates went up as well? Typically when the lawsuit settles it's already 2+ years since the auto accident. Some auto insurance companies have a 3-year look back on your driving h...
by bryansmile
Wed Jun 24, 2020 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Help me decide whether or not to refinance
Replies: 34
Views: 1839

Re: Help me decide whether or not to refinance

We've always done the 30 year mortgage and never paid extra toward the principal. The $209/month savings might seem trivial now, but will be very helpful if you lose your job. Also I agree you should look again for a no cost refi rate.
by bryansmile
Wed Jun 24, 2020 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a university/college for my son a future Computer Science Major
Replies: 117
Views: 8947

Re: Choosing a university/college for my son a future Computer Science Major

Doubleeagle4me wrote:
Sun Mar 22, 2020 1:22 pm
Go to Ohio state. With his act scores he gets in state tuition. Go bucks!
I'm interested in this. What is the criteria for getting in state tuition at osu as an out of state?
by bryansmile
Wed Jun 24, 2020 10:41 am
Forum: Personal Consumer Issues
Topic: Premium sunglasses -any data to support purchasing
Replies: 4
Views: 414

Re: Premium sunglasses -any data to support purchasing

applies to all glasses:
https://www.2020institute.com/why-are-e ... expensive/
That's why I only get my family's glasses online or at costco.
by bryansmile
Wed Jun 17, 2020 4:31 pm
Forum: Personal Consumer Issues
Topic: New Moving Boxes
Replies: 32
Views: 1502

Re: New Moving Boxes

We have these https://www.homedepot.com/p/HDX-27-Gal- ... /205978361
They are cheap, tough, easy to clean, hold a ton, and last a long time. When my son went to college, we used them as checked luggage and they survived the flight.
by bryansmile
Mon Jun 08, 2020 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do I get the best mortgage?
Replies: 32
Views: 2928

Re: How do I get the best mortgage?

I have the exact same question, and am just at the earliest stages of research. This whole thing seems like a really annoying process that involves too much time calling people, investing in understanding fees, hidden and otherwise, etc. Blech. Has anyone tried better.com? They claim to help cut th...
by bryansmile
Mon Jun 08, 2020 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: How do I get the best mortgage?
Replies: 32
Views: 2928

Re: How do I get the best mortgage?

Yes, it takes time the first time around since you want to find the bank/broker that offers the best rates and has a working style that meet your expectations. After that, every time your refinance, it'll be a short call list. To me, the work is worth it since it saves me thousands of dollars.
by bryansmile
Sun Jun 07, 2020 1:27 pm
Forum: Personal Consumer Issues
Topic: Wood blind alternatives to Hunter Douglas?
Replies: 11
Views: 732

Re: Wood blind alternatives to Hunter Douglas?

I don't understand why people are willing to spend thousands on their window coverings. It's easy to measure the window sizes, order online and install yourself. I've replaced my 30+ window coverings with 2" wood blinds from JCP and found them to be a good value. Edit: I see jcp is not a good option...
by bryansmile
Sat Jun 06, 2020 4:52 pm
Forum: Personal Consumer Issues
Topic: Instacart Question
Replies: 27
Views: 2078

Re: Instacart Question

I've still not done it and was wondering how I as the consumer can be assured of the shopper's ability to maintain cold and perishable items in transit and delivery? Thanks We've done instacart, target groceries, amazon prime now almost weekly since the lock down back in March. We've done it prior ...
by bryansmile
Fri Jun 05, 2020 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: College in fall
Replies: 541
Views: 45054

Re: College in fall

Does anybody (currently) charge lower tuition for online courses? All the universities I am intimately familiar with don't. I know OSU charges instate tuition for online courses this summer only. Note they are remote learning courses even before the pandemic, and used to have much higher tuition ra...
by bryansmile
Wed Jun 03, 2020 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Plan Strategy
Replies: 31
Views: 2110

Re: 529 Plan Strategy

lazynovice wrote:
Wed Jun 03, 2020 2:36 pm

We personally did not fund any 529s until we were maxing our our 401(k)s.
Same here, maxed 401k, HSA, Roths and educational IRAs before funding 529s to the max allowed in tax deduction by our state.
by bryansmile
Wed Jun 03, 2020 2:42 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the grocery store or using a delivery service? Which?
Replies: 329
Views: 24539

Re: Are you still going to the grocery store or using a delivery service? Which?

I use Instacart and they shop at Big Y. I now get my groceries within an hour or 2 of when I order. I always tip generously because I do appreciate having this option. My husband has numerous conditions that would make it really bad if he got it, so I am very careful as well. I can authorize substi...
by bryansmile
Tue Jun 02, 2020 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Adding Canadian Citizenship - any downsides?
Replies: 30
Views: 2347

Re: Adding Canadian Citizenship - any downsides?

Pro - She may be able to travel on a Canadian passport. Maybe - You would need to verify this. If your kids are Canadian citizens and decided they wanted to go to college in Canada, is it possible their citizenship would result in lower college costs? Know a kid who goes to a TOP univ in Canada bec...
by bryansmile
Mon Jun 01, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Experience w/ Medical Lab Sciences major in college?
Replies: 5
Views: 474

Experience w/ Medical Lab Sciences major in college?

Knowing no one working in this field, I'm just curious if it's a good major for someone interested in biology for undergrad study and has no plans for grad school.
Any personality traits are particularly important to be successful in this field? Thank you.
by bryansmile
Sun May 31, 2020 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: College tuition- DIY or pay a professional?
Replies: 15
Views: 2241

Re: College tuition- DIY or pay a professional?

... Also very important, Roth IRA does not get counted in your FAFSA as assets while 529s do. However, those who will need the money to pay for college, and who think they will qualify for need based aid, need to be careful here. Financial aid formulas “tax” savings at 5-6% and income as high as 40...
by bryansmile
Sun May 31, 2020 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: College tuition- DIY or pay a professional?
Replies: 15
Views: 2241

Re: College tuition- DIY or pay a professional?

OP, I'd max the retirement accounts first. Roth IRA contributions can be withdrawn tax free after 5 years, and its earnings tax free in several situations such as for educational purpose. I view my Roth as both a retirement account and 529 backup in case our 529 balances are not enough. Here's a mor...
by bryansmile
Sat May 30, 2020 4:43 pm
Forum: Personal Investments
Topic: Where to save extra income?
Replies: 15
Views: 1511

Re: Where to save extra income?

Does your 401k let you contribute after tax money? That's in addition to the 19,500 annual limit. If so, you might want to do that instead of a taxable account.
by bryansmile
Sat May 30, 2020 4:35 pm
Forum: Personal Investments
Topic: Managing mixed Traditional/Roth 401k balance at Fidelity
Replies: 3
Views: 259

Re: Managing mixed Traditional/Roth 401k balance at Fidelity

In my 401k, the fund allocation is spread across the entire account, you can't specify which "bucket" gets what fund. That made me consider rolling over my Roth portion to a Roth IRA, but money in 401k has more protection over IRA, that's why I haven't pulled the trigger yet.
by bryansmile
Sat May 30, 2020 4:20 pm
Forum: Personal Investments
Topic: How to invest lots of maturing CDs in this investment climate
Replies: 55
Views: 20680

Re: How to invest lots of maturing CDs in this investment climate

How's a 5-yr CD at 2% sound? A local credit union offers it. I'm hesitating since the duration of the CD is long. That is a top-tier rate for a 5-year CD: https://www.depositaccounts.com/cd/5-year-cd-rates.html. What is the early withdrawal penalty (EWP)? Kevin Kevin, Thanks for the information. It...
by bryansmile
Sat May 30, 2020 11:18 am
Forum: Personal Investments
Topic: How to invest lots of maturing CDs in this investment climate
Replies: 55
Views: 20680

Re: How to invest lots of maturing CDs in this investment climate

How's a 5-yr CD at 2% sound? A local credit union offers it.
I'm hesitating since the duration of the CD is long.
by bryansmile
Fri May 29, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: credit union won't accept paycheck for deposit
Replies: 12
Views: 869

Re: credit union won't accept paycheck for deposit

I guess I will now be looking for a different banking account arrangement for my minor son. I'm thinking a checking account at local small-town bank for his paycheck. I'd like to find an online, interest bearing account that a 16 year old can open. So far I've had no success in this area. I had the...
by bryansmile
Fri May 29, 2020 10:58 am
Forum: Personal Investments
Topic: Rollover of old 401k to new 401k: Earnings on After-tax money
Replies: 1
Views: 144

Rollover of old 401k to new 401k: Earnings on After-tax money

I have an old 401k consisting of pretax contributions & earnings and after-tax contributions & earnings (no Roth). I am considering rolling it over to my current 401k for simplicity and superior fund choices. Right now I'm contributing after-tax money to my 401k (already maxed pre-tax) and convertin...
by bryansmile
Fri May 29, 2020 6:13 am
Forum: Personal Investments
Topic: Can I Do This and Is It Optimal? (Multiple Rollovers)
Replies: 3
Views: 287

Re: Can I Do This and Is It Optimal? (Multiple Rollovers)

If your current 401k allows for roll ins of both 401k and IRA, you can alternatively do a rollover from old 401k to new 401k and IRA to new 401k. This might be easier since you might be able to do both rollovers with the same customer service person at the new 401k. The 12 month rule only applies t...
by bryansmile
Wed May 27, 2020 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Insurance
Replies: 40
Views: 2057

Re: Switching Insurance

Well, Geico was nice to me as well. $923 per year for 2 cars, compared to $2,142 at State Farm for a whopping $1,219 savings per year. BUT, Geico won't quote Homeowners until you PURCHASE the auto insurance. Not going to do that. Anybody know a different route? Double check that 923/yr rate. At lea...
by bryansmile
Sun May 24, 2020 12:12 pm
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 165
Views: 20114

Re: Any Instant Pot users here?

It's an affordable rice cooker with a stainless steel inner pot. It's hard to find a good one WITHOUT nonstick coating inside. What advantage does stainless steel provide over nonstick coating? We don't like nonstick coating in our cookware. The IP is not the best rice cooker, but sufficient and af...
by bryansmile
Sun May 24, 2020 11:50 am
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 165
Views: 20114

Re: Any Instant Pot users here?

It's an affordable rice cooker with a stainless steel inner pot. It's hard to find a good one WITHOUT nonstick coating inside.
by bryansmile
Sat May 23, 2020 1:29 pm
Forum: Investing - Theory, News & General
Topic: What to expect from Stable Value funds (Yield) in the immediate future?
Replies: 7
Views: 769

Re: What to expect from Stable Value funds (Yield) in the immediate future?

I've been using it for years for half of my bond allocation. It's been great and current rate has been lowered to 3.3%, minus .3% expense ratio, so a 3% net return.
by bryansmile
Sat May 23, 2020 10:40 am
Forum: Personal Consumer Issues
Topic: Cheap way to ship a few boxes?
Replies: 14
Views: 966

Re: Cheap way to ship a few boxes?

I assume it's the size of moving boxes, try Greyhound Shipping.
by bryansmile
Fri May 22, 2020 11:07 pm
Forum: Personal Investments
Topic: Portfolio Assistance
Replies: 5
Views: 428

Re: Portfolio Assistance

For simplicity and lower cost, I would just get all bond allocation in her Fido 403b, VG Total Bond Market, 30% of total portfolio, with the rest in international stock; and just VG Total Stock market in his AXA 401k, 22% of total. The rest of your portfolio has excellent choices and is pretty easy ...
by bryansmile
Thu May 21, 2020 1:32 pm
Forum: Personal Investments
Topic: Roth money in 401k - asset allocation problem
Replies: 1
Views: 142

Roth money in 401k - asset allocation problem

I have always done mega back door roth and kept it inside my 401k's Roth space as it's a great plan with super low cost. As my 401k balance gets to a relatively substantial amount, I find myself having second thoughts. The problem is: within the 401k account, you can't specifically buy bonds in pre-...
by bryansmile
Tue May 19, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“
Replies: 138
Views: 9226

Re: Dr. Malkiel: “I believe that investors need to put more China into their portfolios“

palanzo wrote:
Tue May 19, 2020 1:57 pm
Just buy individual stocks like Luckin Coffee. What could possibly go wrong. :oops:
Or Enron... oh wait, it never happens in the US.
by bryansmile
Wed May 13, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Fast ?::Do grocery delivery services count as supermarkets for Amex Blue Cash cards?
Replies: 14
Views: 989

Re: Fast ?::Do grocery delivery services count as supermarkets for Amex Blue Cash cards?

I've ordered grocery online from Costco and BJs directly (they use Instacart to shop and deliver), both count as 6% cash back on my preferred card.
No idea if it's still the case when ordered on instacart.com.
by bryansmile
Wed May 06, 2020 10:43 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

I'm unsure of how I should invest in all of my accounts. Should I keep investing 10% in the 401k and put the tax refund and dividends from Publix stock in the IRA? Should I invest 5% in the 401k and 5% in the IRA? With the individual brokerage account, IRA, and 401k. Should I have 80% in stocks and...
by bryansmile
Tue May 05, 2020 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Amica vs USAA Insurance
Replies: 27
Views: 1677

Re: Amica vs USAA Insurance

I would look at the top companies in your region rated by JD Power and get quotes from them.
https://www.jdpower.com/business/press- ... ance-study
by bryansmile
Tue May 05, 2020 11:45 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

There's a fidelity by me that is open. Maybe I should just go to them? Schwab is still temporarily closed. Fidelity is an excellent choice as well. The Boglehead wiki lists some recommended funds, two of them have a zero expense ratio: Fidelity ZERO Total Market Index Fund (FZROX) Fidelity ZERO Int...
by bryansmile
Mon May 04, 2020 11:48 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

So is this the ultimate goal? (Sorry if you guys are having to repeat yourselves) 1) Move RJ account to Schwab 2) Open IRA and put in $12,000 for 2019 and 2020 3) Then move $6,000 each additional year from Schwab account to IRA ultimately making the Scwhab account $0 and the IRA with $38,000? Sound...
by bryansmile
Mon May 04, 2020 11:41 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Membership Question [Considering to drop membership]
Replies: 136
Views: 9629

Re: Amazon Prime Membership Question

I bought the monthly membership last month, I'll probably cancel it after 2 months.
Walmart delivery has been great for me. Their product selection and low prices are top notch.
by bryansmile
Mon May 04, 2020 11:06 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

For my investing I think I am able to stick to the following: 10% weekly contribution to 401k $100 month to Scwhab $1600 a year IRA The idea is to max out tax advantaged space (401k, IRA, HSA) before contributing to a Schwab taxable, especially when you already have a good emergency fund saved with...
by bryansmile
Mon May 04, 2020 10:45 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

One of the State street balanced fund (Aggressive) in your 401k is a better choice with super low expense, and it automatically rebalances.
Your current choice has some actively managed funds (international and bond) with high expenses, which would make sense if you didn't have the state street funds.
by bryansmile
Sat May 02, 2020 9:51 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

ruralavalon wrote:
Sat May 02, 2020 9:31 am


What investments do you currently have in the Raymond James account? What is the unrealized capital gain/loss status and amount in each of those investments? How long have you held each investment?
OP provided screen shots in his first post.
by bryansmile
Sat May 02, 2020 9:45 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

OP, A reminder that when you sell your RJ shares you'd report realized long term capital gains on your 2020 tax returns. Your RJ unrealized long term capital gains are currently around $11k (38k-27k), if you sell all RJ shares, you pay 0% on realized LT capital gains up to ($40k - your 2020 income),...
by bryansmile
Tue Apr 28, 2020 1:25 am
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

What range is considered "low" for expense ratios? In wiki page https://www.bogleheads.org/wiki/Three-fund_portfolio under the heading "Three-fund Portfolios using Mutual Funds", it lists 3 good index funds at Schwab. If you google their expense ratios, you'll see they are .03%-.06%, that's very lo...
by bryansmile
Mon Apr 27, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle - delivery
Replies: 19
Views: 1748

Re: Side Hustle - delivery

Some Instacart shoppers only accept orders at Costco/BJs since everything there including produce is well packaged and they spend less time shopping, the orders also tend to be higher dollar values, so they get more tips per hour.
by bryansmile
Mon Apr 27, 2020 3:05 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

The RJ account is a regular account and not an IRA. I'll try and figure out where to go next. I would like to make an appoint with someone and show them some of the suggestions on here. It may be a while before you can meet with them in person. In the mean time, you'll want to read up as much as yo...
by bryansmile
Sun Apr 26, 2020 8:01 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

In your 401k, I think the state street balanced funds are the best choices. I'd just pick one with the desired stock/bond ratio and contribute all to it. For example, the one list below is at 75% stock/25% bonds and has an expense ratio of .02% (see the final page under 'fee disclosure'). Best of al...
by bryansmile
Sun Apr 26, 2020 7:20 pm
Forum: Personal Investments
Topic: Poor Publix employee seeking 401k investment advice
Replies: 169
Views: 11542

Re: Poor Publix employee seeking 401k investment advice

I think it's a good idea to open a Roth IRA account at Vanguard. For many, IRA is an important tax saving retirement account, next to a 401k. See here https://www.bogleheads.org/wiki/Roth_IRA If the RJ account is a regular brokerage account, I suggest you take 12k from it and contribute to the Roth ...