I don't think they came close to running out of funding for the 2nd round, and they tightened up the requirements this round, so I doubt it runs out right away. But who knows?
Search found 190 matches
- Mon Dec 28, 2020 5:21 pm
- Forum: Personal Finance (Not Investing)
- Topic: PPP Second Draw
- Replies: 9
- Views: 952
Re: PPP Second Draw
- Sun Sep 27, 2020 6:11 pm
- Forum: Investing - Theory, News & General
- Topic: Are we NOW in a bubble?
- Replies: 103
- Views: 11744
Re: Are we NOW in a bubble?
Maybe. Maybe not.
- Wed Aug 05, 2020 9:52 pm
- Forum: Personal Finance (Not Investing)
- Topic: My LenderFi refinance is going well
- Replies: 1627
- Views: 151409
Re: My LenderFi refinance is going well
I posted this in the mega thread as well, but has anybody had luck renegotiating on credits/rate with Lender Fi after a lock? My loan went to processing today.
- Wed Aug 05, 2020 9:44 pm
- Forum: Personal Finance (Not Investing)
- Topic: Refinance Mega Thread
- Replies: 9399
- Views: 657437
Re: Refinance Mega Thread
I locked with LenderFi a couple of weeks ago at 2.75% with a $2200 lender credit. Looking at about $1600 in closing costs (not including pre-paids and escrow). This is apparently a pretty mediocre deal right now. Can I renegotiate with them on an already locked rate, or do I need to let the lock ex...
- Tue Aug 04, 2020 10:43 pm
- Forum: Personal Finance (Not Investing)
- Topic: Refinance Mega Thread
- Replies: 9399
- Views: 657437
Re: Refinance Mega Thread
I locked with LenderFi a couple of weeks ago at 2.75% with a $2200 lender credit. Looking at about $1600 in closing costs (not including pre-paids and escrow). This is apparently a pretty mediocre deal right now. Can I renegotiate with them on an already locked rate, or do I need to let the lock exp...
- Mon Aug 03, 2020 2:14 pm
- Forum: Personal Finance (Not Investing)
- Topic: Refinance Mega Thread
- Replies: 9399
- Views: 657437
Re: Refinance Mega Thread
FYI if you have to roll any closing costs (aside from prepaids/escrow) then it is not a "no cost refi". Thank you. It seems to me that a true "no cost" loan is when the costs listed on a Loan Estimate in sections D and E (and maybe H, though I have not seen one) minus any lender...
- Wed Jul 29, 2020 3:41 am
- Forum: Personal Finance (Not Investing)
- Topic: Refinance Mega Thread
- Replies: 9399
- Views: 657437
Re: Refinance Mega Thread
Just locked my refi through lenderfi at 2.75 by using the backdoor method that someone here linked to. This thread is incredible! Thanks to all who contribute.
- Tue Mar 31, 2020 8:14 am
- Forum: Personal Finance (Not Investing)
- Topic: Stimulus payment through EFTPS?
- Replies: 0
- Views: 167
Stimulus payment through EFTPS?
I don't efile my taxes but I do use EFTPS to make quarterly payments. Does anybody know if I will receive the stimulus payment to my account linked with EFTPS, or will I need to wait for a paper check because I don't efile?
- Fri Mar 06, 2020 11:46 am
- Forum: Personal Finance (Not Investing)
- Topic: 30 year mortgage under 3%
- Replies: 301
- Views: 47869
Re: 30 year mortgage under 3%
Although the 10 year has moved down ~40 bps since the rates hit 3.125% (30 year, 70% max LTV 0 origination pts, 800+ credit) at the local bank I was looking to refinance at, my quoted mortgage rate has not moved down at all. Normally, a 40 bps drop translates into 2+ origination pts or a rate drop ...
- Fri Mar 06, 2020 6:20 am
- Forum: Personal Finance (Not Investing)
- Topic: 30 year mortgage under 3%
- Replies: 301
- Views: 47869
Re: 30 year mortgage under 3%
I'm in Florida and the rates on lenderfi have somehow been going up in the past week even as the 10 year plummeted. Last week I could get 3.25 30 year with no closing costs, and now I would have some closing costs at 3.375. Makes no sense to me. Let me make sense of it for you. They are getting swa...
- Thu Mar 05, 2020 11:01 pm
- Forum: Personal Finance (Not Investing)
- Topic: 30 year mortgage under 3%
- Replies: 301
- Views: 47869
Re: 30 year mortgage under 3%
I'm in Florida and the rates on lenderfi have somehow been going up in the past week even as the 10 year plummeted. Last week I could get 3.25 30 year with no closing costs, and now I would have some closing costs at 3.375. Makes no sense to me.
- Thu Feb 27, 2020 7:17 pm
- Forum: Personal Finance (Not Investing)
- Topic: My LenderFi refinance is going well
- Replies: 1627
- Views: 151409
Re: My LenderFi refinance is going well
Does anybody know of lenders other than LenderFi and AimLoans that don't require personal information to give quotes and closing costs?
- Sun Jan 26, 2020 10:09 pm
- Forum: US Chapters
- Topic: Happy Birthday Taylor! 96 years young!
- Replies: 139
- Views: 5009
Re: Happy Birthday Taylor! 96 years young!
Happy Birthday Taylor! What is the secret to your longevity?
- Sun Jan 26, 2020 11:45 am
- Forum: Personal Finance (Not Investing)
- Topic: What did you do cool with your money today?
- Replies: 125
- Views: 10738
Re: What did you do cool with your money today?
Paid for my parents' 50th anniversary party.
- Fri Jan 17, 2020 5:47 am
- Forum: Investing - Theory, News & General
- Topic: How is Berkshire Hathaway stock NOT a better investment than the index?
- Replies: 61
- Views: 9035
Re: How is Berkshire Hathaway stock NOT a better investment than the index?
I have some Berkshire. It's my only individual stock. To me the point of it is not that it will beat the S&P 500 during bull markets like the 2010s, because it won't. The point is that Berkshire has the amazing operating companies and is hoarding a ton of cash, well-positioned for the next rece...
- Fri Jan 17, 2020 5:43 am
- Forum: Investing - Theory, News & General
- Topic: How is Berkshire Hathaway stock NOT a better investment than the index?
- Replies: 61
- Views: 9035
Re: How is Berkshire Hathaway stock NOT a better investment than the index?
They are sitting on $128 billion in cash that is therefore not invested. That's a cash drag. I don't pretend to understand the specifics of the insurance business to know if that cash has a business purpose for sitting there. But even if it does, I want the equity portion of my portfolio fully inve...
- Fri Jan 17, 2020 5:34 am
- Forum: Personal Finance (Not Investing)
- Topic: Accidentally contributed to Roth IRA in 2014 while over the income limit
- Replies: 16
- Views: 1982
Re: Accidentally contributed to Roth IRA in 2014 while over the income limit
Assuming you filed your 2014 taxes by the April 2015 deadline, the statute of limitations for the IRS to audit you expired in April 2018. (This is extended in some situations, but not for a minor error like yours). This is incorrect in the OP's facts and circumstances. While there is a statute of l...
- Sun Jan 12, 2020 8:38 am
- Forum: Investing - Theory, News & General
- Topic: How is Berkshire Hathaway stock NOT a better investment than the index?
- Replies: 61
- Views: 9035
Re: How is Berkshire Hathaway stock NOT a better investment than the index?
I have some Berkshire. It's my only individual stock. To me the point of it is not that it will beat the S&P 500 during bull markets like the 2010s, because it won't. The point is that Berkshire has the amazing operating companies and is hoarding a ton of cash, well-positioned for the next rece...
- Sat Jan 11, 2020 9:48 pm
- Forum: Investing - Theory, News & General
- Topic: How is Berkshire Hathaway stock NOT a better investment than the index?
- Replies: 61
- Views: 9035
Re: How is Berkshire Hathaway stock NOT a better investment than the index?
I have some Berkshire. It's my only individual stock. To me the point of it is not that it will beat the S&P 500 during bull markets like the 2010s, because it won't. The point is that Berkshire has the amazing operating companies and is hoarding a ton of cash, well-positioned for the next rece...
- Mon Dec 30, 2019 7:19 am
- Forum: Investing - Theory, News & General
- Topic: Joe Davis, Vanguard's global chief economist, is my guest for this 2020 "Bogleheads on Investing" podcast.
- Replies: 38
- Views: 3099
Re: Joe Davis, Vanguard's global chief economist, is my guest for this 2020 "Bogleheads on Investing" podcast.
I'm sure Joe Davis is a sharp guy, but his market outlook for 2020 is as useful to me as a screen door on a submarine.
- Thu Nov 14, 2019 8:03 pm
- Forum: Personal Consumer Issues
- Topic: Fort Meyers or south a bit in Feb advice please
- Replies: 16
- Views: 1146
Re: Fort Meyers or south a bit in Feb advice please
I much prefer Naples to Ft. Myers.
- Sat Oct 19, 2019 4:50 am
- Forum: Personal Investments
- Topic: Buy Limit Order Filling Question
- Replies: 14
- Views: 1082
Re: Buy Limit Order Filling Question
Did the ask price hit your limit?
- Sat Sep 07, 2019 5:58 am
- Forum: Investing - Theory, News & General
- Topic: Index Funds Bubble? [Michael Burry article]
- Replies: 254
- Views: 34626
Re: Index Funds Bubble? [Michael Burry article]
I'm surprised he only has $340 million under management even after all the notoriety.
- Mon Aug 12, 2019 3:02 am
- Forum: Investing - Theory, News & General
- Topic: Negative Interest Rates in U.S.
- Replies: 254
- Views: 24882
Re: Negative Interest Rates in U.S.
Negative interest rates is one way to pay off the national debt!
Someone posted a link here a while back that I can't find about how global interest rates have been declining for 600 years. Negative interest rates could be the natural result of that trend.
Someone posted a link here a while back that I can't find about how global interest rates have been declining for 600 years. Negative interest rates could be the natural result of that trend.
- Thu Aug 01, 2019 5:50 am
- Forum: Personal Investments
- Topic: Vanguard New York Municipal Money Market Fund (VYFXX)
- Replies: 7
- Views: 1181
Re: Vanguard New York Municipal Money Market Fund (VYFXX)
I have no opinion on that particular fund, but I do want to know when you expect the market to "cool down for investing." Seems to me this thread could have been posted anytime in the last decade or so.
- Sun Jun 16, 2019 1:46 pm
- Forum: Investing - Theory, News & General
- Topic: So much for financial predictions, eh?
- Replies: 46
- Views: 5155
Re: So much for financial predictions, eh?
Somebody posted an academic study showing that global interest rates have been in a general decline for centuries. Can't find the thread, but it was fascinating.
- Sun Jun 16, 2019 1:43 pm
- Forum: Investing - Theory, News & General
- Topic: Why is Vanguard Treasury Money Market yield so high?
- Replies: 123
- Views: 38161
Re: Why is Vanguard Treasury Money Market yield so high?
VUSXX has a higher yield than VBIRX. Due to inverted yield curve I guess.
- Sun Jun 09, 2019 6:47 am
- Forum: Personal Finance (Not Investing)
- Topic: Where to Purchase Defined Benefit Plan
- Replies: 20
- Views: 3280
Re: Where to Purchase Defined Benefit Plan
What's the difference between a defined benefit plan and an annuity? I thought an annuity was a defined benefit plan.
- Sun May 26, 2019 4:44 pm
- Forum: Personal Finance (Not Investing)
- Topic: Debt vs Savings
- Replies: 54
- Views: 6124
Re: Debt vs Savings
The retirement contributions should be put on hold until the credit card is paid off.
- Tue Apr 16, 2019 8:43 am
- Forum: Personal Investments
- Topic: Short Term Bond Index vs. Prime Money Market
- Replies: 30
- Views: 4243
- Tue Apr 16, 2019 6:36 am
- Forum: Personal Investments
- Topic: Short Term Bond Index vs. Prime Money Market
- Replies: 30
- Views: 4243
Re: Short Term Bond Index vs. Prime Money Market
Why would someone invest in the Short Term Bond Index Fund and assume any risk for .05% above the (essentially) risk free money market? Am I missing something? You're missing the fact that interest rate risk is not the only type of risk associated with bonds... I didn't miss that fact, which makes ...
- Mon Apr 15, 2019 10:30 pm
- Forum: Personal Investments
- Topic: Short Term Bond Index vs. Prime Money Market
- Replies: 30
- Views: 4243
Short Term Bond Index vs. Prime Money Market
The SEC yield on the VG Short Term Bond Index Fund is currently 2.5%.
The SEC yield on the VG Prime Money Market is currently 2.45%.
Why would someone invest in the Short Term Bond Index Fund and assume any risk for .05% above the (essentially) risk free money market?
Am I missing something?
The SEC yield on the VG Prime Money Market is currently 2.45%.
Why would someone invest in the Short Term Bond Index Fund and assume any risk for .05% above the (essentially) risk free money market?
Am I missing something?
- Fri Mar 29, 2019 4:37 am
- Forum: Personal Finance (Not Investing)
- Topic: Anybody else get a huge tax increase due to SALT deduction changes?
- Replies: 101
- Views: 8516
Re: Anybody else get a huge tax increase due to SALT deduction changes?
The thing about the new tax law that bugs me is that I bought my home in 2015 thinking I would derive a tax benefit by itemizing, but with the 24k standard marital deduction, and itemized deductions at 23k, I may as well be renting. The TCJA eems to disincentivize home ownership.
- Thu Mar 28, 2019 10:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Anybody else get a huge tax increase due to SALT deduction changes?
- Replies: 101
- Views: 8516
- Fri Mar 08, 2019 10:57 pm
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard lowered cost of some ETFs but not VTI
- Replies: 8
- Views: 1210
Re: Vanguard lowered cost of some ETFs but not VTI
Being the lowest cost ETF is nothing but marketing gimmickery at this point.
- Sun Feb 24, 2019 11:04 pm
- Forum: Personal Consumer Issues
- Topic: Is Hyundai the value sweet spot?
- Replies: 139
- Views: 16332
Re: Is Hyundai the value sweet spot?
Our 2013 SF Sport experienced a catastrophic engine failure as my wife was driving 70 mph down the interstate. Fortunately she wasn't injured, but needless to say, it could have easily been deadly. This happened after we brought the vehicle in for a safety recall on this very issue. Hard pass on Hyu...
- Tue Jan 29, 2019 6:06 am
- Forum: Investing - Theory, News & General
- Topic: An emergency fund cautionary tale
- Replies: 89
- Views: 12477
Re: An emergency fund cautionary tale
I maintain an over funded position in BSV as a percentage of my portfolio to cover unexpected emergencies. Will it drag my long term returns? Absolutely. I guess sleeping at night is my priority.
- Fri Jan 18, 2019 11:53 pm
- Forum: Personal Investments
- Topic: 100% in VTSAX - Is it crazy???
- Replies: 87
- Views: 15411
Re: 100% in VTSAX - Is it crazy???
I'm 100% VTSAX as well as a pension (govt). Not crazy. What's the point of accumulating if you can't rely on some good market runs? I just treat the pension as a fixed income position. There are a few with anti-pension jealousy that motivates some here. Do not listen to them or try to convince them...
- Thu Jan 17, 2019 9:25 am
- Forum: Personal Investments
- Topic: 100% in VTSAX - Is it crazy???
- Replies: 87
- Views: 15411
Re: 100% in VTSAX - Is it crazy???
I wouldn't be comfortable with any defined benefit pension these days. I especially wouldn't be confident that the 3% cola will sustain.
- Wed Jan 09, 2019 6:04 am
- Forum: Personal Finance (Not Investing)
- Topic: What does 1 million @Vanguard get you ?
- Replies: 35
- Views: 8717
Re: What does 1 million @Vanguard get you ?
My dad is VG Flagship. Is there anything I can do to be able to invest in Prime Cap? That is the only thing I care about from Flagship. Unfortunately I can see it taking me at least 15 years to get to Flagship, since my 401k is not at VG. I've had a Vanguard account since I was a kid. I never chang...
- Sat Dec 29, 2018 4:27 pm
- Forum: Investing - Theory, News & General
- Topic: Dave Ramsey [“good growth mutual fund”]
- Replies: 73
- Views: 9423
Re: Dave Ramsey [“good growth mutual fund”]
I can't believe people will still pay a 5.75% load. That's insane.
- Sun Oct 21, 2018 5:13 am
- Forum: Personal Finance (Not Investing)
- Topic: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
- Replies: 30
- Views: 3208
Re: AAA Insurance is increasing my home insurance premium by 47.8%!!! with no claims filed
I've heard they know a thing or two about a thing or two.
- Tue Sep 18, 2018 7:36 pm
- Forum: Investing - Theory, News & General
- Topic: Robert Shiller interview: "Market could get a lot higher"
- Replies: 28
- Views: 4964
Re: Robert Shiller interview: "Market could get a lot higher"
He might just be right. Or not.
- Sun Sep 16, 2018 8:22 pm
- Forum: Investing - Theory, News & General
- Topic: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
- Replies: 69
- Views: 11588
Re: Podcast Now Available - Bogleheads On Investing: Episode #1 with John C. Bogle
That was great. Long live Jack Bogle!
- Sat Aug 25, 2018 11:40 am
- Forum: Personal Investments
- Topic: Game Changing Inheritance of Stocks! Now what?
- Replies: 75
- Views: 7656
Re: Game Changing Inheritance of Stocks! Now what?
First thing I would do is dump all the Berk with zero to little capital gains, and put all proceeds into the appropriate stock/bond index funds based upon your risk tolerance and time frame. Despite its diversification, Berk is in a way more risky than a typical stock because it's a gamble that whoe...
- Wed Aug 08, 2018 5:00 am
- Forum: Investing - Theory, News & General
- Topic: Fidelity announced 10-for-1 fund splits in certain mutual funds
- Replies: 18
- Views: 7870
Re: Fidelity announced 10-for-1 fund splits in certain mutual funds
Seems that stock splits are generally out of vogue these days. Apparently Fidelity is trying to make it cool again.
- Sat Jul 14, 2018 7:37 am
- Forum: Personal Investments
- Topic: Dave Ramsey made me laugh today
- Replies: 63
- Views: 8374
Re: Dave Ramsey made me laugh today
For me there is a "sleep at night" component to my portfolio. Thus, despite what the math says, 100% equities doesn't work for me. Advising that 100% equities is the right allocation for others seems overly simplistic.
- Sat Jun 23, 2018 6:25 am
- Forum: Investing - Theory, News & General
- Topic: Why won't Vanguard drop VTI & VOO expense to 0.03?
- Replies: 65
- Views: 9207
Re: Why won't Vanguard drop VTI & VOO expense to 0.03?
Pretty meaningless. .04 and .03 are both basically nothing.
- Fri Jun 22, 2018 5:53 am
- Forum: Personal Consumer Issues
- Topic: MoviePass-Too good to be true, but it's legit.
- Replies: 374
- Views: 59719
Re: MoviePass-Too good to be true, but it's legit.
My son has a MoviePass and loves it. It's also an easy decision for the theaters. It's like a casino comping a room. It's already built, so any further use is pure profit. And they make the real money on the concessions. This isn't an accurate analogy because the theaters aren't "comping"...
- Sun Jun 17, 2018 4:17 am
- Forum: Investing - Theory, News & General
- Topic: Oh my! Cardone says we need $10m net worth
- Replies: 104
- Views: 16387
Re: Oh my! Cardone says we need $10m net worth
When I typed Grant Cardone on google, he is noted as an "Actor." He wrote a book with a title used as a tagline in "Talladega Nights: The Ballad of Ricky Bobby." He is also the proprietor of something called "Cardone University." I'll stick to taking investment advice f...