Search found 64 matches

by GordonG
Mon Oct 07, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital website?
Replies: 26
Views: 2386

Re: Personal Capital website?

Wow, thanks for all the quick replies. Sounds like it's worthwhile. I like it so far, but literally just signed up. Hopefully, the marketing side of it isn't too annoying, but I don't usually answer unknown phone calls anyway. :beer
by GordonG
Mon Oct 07, 2019 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Capital website?
Replies: 26
Views: 2386

Personal Capital website?

Anyone use this account aggregator service? While searching for aggregators, Personal Capital and Mint seemed to be the top two ones that kept coming up. I've just been using my Fidelity account up until now since it has this feature built-in, but it's kind of flaky, and doesn't want to work with al...
by GordonG
Wed Aug 07, 2019 7:23 am
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4809

Re: high-yield savings: stay or switch?

Thanks, all :sharebeer I decided to just transfer it over to GS Bank. I already had the account, and it's 2.15% vs 1.90% at Ally. If the banks are gonna be stingy with their rates, I'll be stingy with my money.
by GordonG
Tue Aug 06, 2019 5:08 am
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4809

Re: high-yield savings: stay or switch?

If someone else is paying more why wouldn't you move? Especially since you already have the accounts set up. I would have no concerns with moving money around to chase the highest rate. It may be too much bother for too little money but there are Netspend accounts that pay 5% on the first $1,000. D...
by GordonG
Mon Aug 05, 2019 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: high-yield savings: stay or switch?
Replies: 49
Views: 4809

high-yield savings: stay or switch?

I have a decent amount of cash parked in an Ally "high yield" savings account. However, they just announced they are dropping their rate to 1.9%. I also have accounts with Amex and GS Bank, which bother are currently offering higher rates. Wondering if I should transfer the money to those, or maybe ...
by GordonG
Wed Jul 17, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

I was in a similar situation as you, and successfully negotiated a reduction in my work week in exchange for a reduction in salary. Here's my story: When I was 53, there was a confluence of events that I'd been anticipating since I was 40: My wife and I paid off our mortgage, and my youngest child ...
by GordonG
Wed Jul 17, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

Time is more important than money. I say if you have the desire, then go for it! Totally agree. I think that once someone has enough money to live comfortably, the extra time becomes much more valuable. If they're not okay with dropping you to part-time but would be okay with you working 4 10s, wou...
by GordonG
Wed Jul 17, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

Thanks for the input!

My only problem with 4 tens is that since I take about an hour for lunch, it'd likely be an 11-hour day. On top of that, my main goal for thinking of doing this is to work less not more.
by GordonG
Wed Jul 17, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

Not even sure my employer will let me do this, but I've been considering it. I have to check into the details, but I'm assuming they'd make me take a 20% pay cut, and benefits would still be available. My situation is this: 39 yo, own a house and it's paid off, zero debt. Current salary is about $1...
by GordonG
Wed Jul 17, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

Have other people dropped to PT? You've answered the question I have about workload--sounds like that isn't the problem it would usually present. It also sounds like you're exempt and presumably would be part-time exempt. Is there a high risk of creep onto your off day via emails, meetings, etc.? I...
by GordonG
Wed Jul 17, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

Not even sure my employer will let me do this, but I've been considering it. Well, first things first... How about seeing if you can even do this before discussing it? :wink: I worked a 4/10 schedule in the past and loved it. A three day weekend every week is awesome, IMO. I'm currently checking in...
by GordonG
Wed Jul 17, 2019 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Re: Working 4 days a week?

If they're not okay with dropping you to part-time but would be okay with you working 4 10s, would that be a possibility? Maybe, but no one else in my dept. does that, so not sure they'd want to let me be the only one. Not really sure I want to work 10-hour days anyway. Actually, right now I work 9...
by GordonG
Wed Jul 17, 2019 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3205

Working 4 days a week?

Not even sure my employer will let me do this, but I've been considering it. I have to check into the details, but I'm assuming they'd make me take a 20% pay cut, and benefits would still be available. My situation is this: 39 yo, own a house and it's paid off, zero debt. Current salary is about $17...
by GordonG
Wed Jul 17, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: How to maximize FDIC insurance on savings account?
Replies: 6
Views: 848

Re: How to maximize FDIC insurance on savings account?

According to Ally Bank, each beneficiary I add to the account gets $250K of coverage, so 1 beneficiary = $250K covered, 2 = $500K covered, and so on. This is because it becomes a payable upon death (POD) account. This seems to jibe with the tool on the FDIC site Correct, and the portion for each be...
by GordonG
Fri Jun 28, 2019 7:18 am
Forum: Personal Finance (Not Investing)
Topic: How to maximize FDIC insurance on savings account?
Replies: 6
Views: 848

Re: How to maximize FDIC insurance on savings account?

According to Ally Bank, each beneficiary I add to the account gets $250K of coverage, so 1 beneficiary = $250K covered, 2 = $500K covered, and so on. This is because it becomes a payable upon death (POD) account. This seems to jibe with the tool on the FDIC site
by GordonG
Thu Jun 27, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to maximize FDIC insurance on savings account?
Replies: 6
Views: 848

How to maximize FDIC insurance on savings account?

I've done some reading, but I'm still a bit unclear. It sounds like I can get extra coverage by adding beneficiaries to my account. In order to get $500K worth of coverage, would I need to have 2 beneficiaries listed on the account? Anything else to do? Another option seems to be making it a joint a...
by GordonG
Wed Feb 06, 2019 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: New tax law not so good for me?
Replies: 8
Views: 1392

Re: New tax law not so good for me?

OK, I think this is making sense. Looks like last year, I did owe more in federal tax. The difference between what I owed then and now is $2640. Also, when the tax laws kicked in back in 2018, I believe my take-home pay increased by about $200 per paycheck (we get paid twice monthly). I'm currently ...
by GordonG
Wed Feb 06, 2019 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: New tax law not so good for me?
Replies: 8
Views: 1392

New tax law not so good for me?

Quick question I was hoping someone could help with. I am working on my taxes now, and it looks like I'll owe $7 to the gov. I've never owed before, and typically get around $800 back for my federal refund. Other than getting roughly a 3% raise, not much has changed. What I do see is that the person...
by GordonG
Thu Jan 24, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: typical advice for homeowner's insurance deductible?
Replies: 11
Views: 691

Re: typical advice for homeowner's insurance deductible?

Our insurance offered discount on percentage of the home's insured value. We chose 2%. As someone previously mentioned, its not a huge reduction in premium. Perhaps more important, don't be like my friend and put it at the lowest deductible and try to use it for EVERY issue. Its a recipe to get dro...
by GordonG
Wed Jan 23, 2019 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 23
Views: 2560

Re: home inspection on house I already live in?

Just wanted to post back about this. I did get the inspection, and it didn't really lead to any surprises. I bought the house in Feb, and things have been going well. I actually had some AC trouble this summer. The unit was clogged up with a lot of cottonwood fluffs. I would've thought this is somet...
by GordonG
Wed Jan 23, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: typical advice for homeowner's insurance deductible?
Replies: 11
Views: 691

typical advice for homeowner's insurance deductible?

Just wondering what the usual advice is here? I'm thinking of doing $2500, but might go even higher. I have a large enough emergency fund that paying a bit out of pocket to save on premiums is OK with me.
by GordonG
Wed Jan 10, 2018 12:18 pm
Forum: Personal Investments
Topic: PRU GIA
Replies: 2
Views: 545

Re: PRU GIA

Do you have some more information about the guaranteed interest account? Your current option of Total Bond Market Index Fund Institutional Plus Shares (VBMPX) (Expense ratio of 0.03%) is a good choice, and I'd stick with it. This is all I could find. Right now the guaranteed rate is 3%, but I'm sur...
by GordonG
Wed Jan 10, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 23
Views: 2560

Re: home inspection on house I already live in?

Thanks for all the advice, everyone. If I do decide to buy this particular house, I will probably get the inspection just for peace of mind. It's not a house I want to stay in long term, since it doesn't check off all the boxes I'm looking for, but my options at this point are find a house I like an...
by GordonG
Wed Jan 10, 2018 11:23 am
Forum: Personal Investments
Topic: PRU GIA
Replies: 2
Views: 545

PRU GIA

I see this guaranteed interest account from Prudential is one option in my 403 plan. What is the deal with something like this? Is it something to consider over a regular bond fund? I have a very basic portfolio through my company retirement plan, consisting of passively-manged index funds with abou...
by GordonG
Tue Jan 09, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 23
Views: 2560

Re: home inspection on house I already live in?

Do you have any expertise in home building or maintenance? Do you know whether your foundation is in good shape? Have you been up on the roof to see what condition it’s in? How old is your furnace, and hot water heater, and what condition are they in? Do you know what kind of wiring you have and if...
by GordonG
Mon Jan 08, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: home inspection on house I already live in?
Replies: 23
Views: 2560

home inspection on house I already live in?

Not sure if this is the proper section for this question, but it is real-estate related. I have been renting a house for about 9 years, and my landlord now has the urge to sell. One option is for me to buy it. Should I get a home inspection? :confused
by GordonG
Wed Jul 26, 2017 9:56 am
Forum: Personal Investments
Topic: estimating tax on mutual fund?
Replies: 5
Views: 762

Re: estimating tax on mutual fund?

Thanks!
by GordonG
Wed Jul 26, 2017 9:09 am
Forum: Personal Investments
Topic: estimating tax on mutual fund?
Replies: 5
Views: 762

estimating tax on mutual fund?

Just wondering if there's a way to estimate the taxes if I sold some of my shares in a mutual fund (FUSVX)? I use Fidelity, and within my account, they give a cost basis. Not that I'm going to do this, but as an example, say the current total value is $50K. According to my account, the cost basis is...
by GordonG
Tue Jul 25, 2017 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How much of savings to spend on house?
Replies: 6
Views: 932

Re: How much of savings to spend on house?

The other option I've been considering is buying something in the $300-400K range, putting down a large payment and taking a loan for the rest. However, then I'm in debt, which I'd like to avoid if possible.
by GordonG
Mon Jul 24, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: How much of savings to spend on house?
Replies: 6
Views: 932

Re: How much of savings to spend on house?

Leaving emergency funds alone, how does your investment expected return compares to a mortgage interest rate, after taxes ? My rate of return (for my retirements account) for the year is about 10%. Looks like mortgage rates are a little under 4% around here at the moment. I've been saving for a whi...
by GordonG
Mon Jul 24, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: How much of savings to spend on house?
Replies: 6
Views: 932

How much of savings to spend on house?

I've been saving for a while, and have accumulated a decent chunk of money (about $345K). Most of it is in cash (in a couple of high-yield savings accounts), and about $60K is in stocks/bonds fund in my personal brokerage account. There are houses in my price range that I could pay for in cash, but ...
by GordonG
Sun Dec 18, 2016 2:31 am
Forum: Personal Investments
Topic: 1st post! Need help picking funds for 401(k) please
Replies: 17
Views: 1785

Re: 1st post! Need help picking funds for 401(k) please

For age 32 I suggest these funds in your 401k: 80%, Vanguard Value Index Fund Admiral Shares (VVIAX) ER 0.08% 20%, Vanguard Intermediate-term Bond Index Fund (VBILX) ER 0.09% My fund choices are slightly different, but I use the same 80/20 strategy with Vanguard Inst Index Plus (VIIIX) and Vang Tot...
by GordonG
Fri Nov 18, 2016 1:20 pm
Forum: Personal Investments
Topic: adding other accounts to Fidelity
Replies: 7
Views: 1153

Re: adding other accounts to Fidelity

I guess I will see how it goes. I do like being able to see all my stuff at once. Here's some more info I found relating to Yodlee:

http://www.wellersaccountants.co.uk/blo ... odlee.aspx
by GordonG
Fri Nov 18, 2016 11:17 am
Forum: Personal Investments
Topic: Help need to pick right bond fund for Fidelity 401(k)
Replies: 5
Views: 1236

Re: Help need to pick right bond fund for Fidelity 401(k)

I had PIMCO a while back, but ditched it. Who needs that expense ratio :shock: The bond fund I use with my Fidelity retirement account is VBTIX.
by GordonG
Fri Nov 18, 2016 11:10 am
Forum: Personal Investments
Topic: Where to park cash - Nov 2016
Replies: 6
Views: 2329

Re: Where to park cash - Nov 2016

I keep about $10-15K in my regular bank account, but the interest on that is next to nothing. The majority of my cash is parked in a high yield savings account earning about 1.05%. Pretty pathetic, but better than nothing. I also have a brokerage account that's split about 60/40 stocks and bonds. Th...
by GordonG
Fri Nov 18, 2016 11:03 am
Forum: Personal Investments
Topic: Bonds suck
Replies: 46
Views: 10453

Re: Bonds suck

Thanks for the tips, all. I guess I was just disappointed lately because I've seen losses due to the bonds when that money would've been growing (albeit, slowly) had I put it in a high-yield savings account. This isn't my retirement account; it's just sort of a medium-term place to stash money. It w...
by GordonG
Fri Nov 18, 2016 10:57 am
Forum: Personal Investments
Topic: adding other accounts to Fidelity
Replies: 7
Views: 1153

adding other accounts to Fidelity

For those Fidelity users out there, I see their website now has the option to add other accounts. Currently, I only have it set up to show my work retirement accounts and my personal brokerage account. I also have a few high-yield savings accounts with other banks and was thinking off adding them so...
by GordonG
Mon Nov 14, 2016 11:07 am
Forum: Personal Investments
Topic: Bonds suck
Replies: 46
Views: 10453

Re: Bonds suck

Which bond fund are you investing in? My bond fund (FIJEX) is up 5.72% YTD. AGG. YTD is 4.84%, but Fidelity is saying my total gain/loss is -2.27%. Looking back, I see I first bought on 3/8/16. They were higher than compared to 1/1/16, so I guess that explains it. This account isn't my main retirem...
by GordonG
Mon Nov 14, 2016 10:25 am
Forum: Personal Investments
Topic: Bonds suck
Replies: 46
Views: 10453

Bonds suck

OK, I know this is a bit of an overstatement, but I'm just not impressed. I bought into a bond fund about a year ago, and to be honest, it looks like I should've just kept my money in a high-yield savings account. Now with the election, it looks like bonds have taken a total dump. What is the curren...
by GordonG
Thu Aug 18, 2016 9:18 am
Forum: Non-US Investing
Topic: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?
Replies: 47
Views: 6186

Re: Ultra aggressive index portfolio for a 30 yo with high risk tolerance?

I'm a little older than you, so I didn't want to be too aggressive. I really like simplicity, though. I decided to do 80% S&P500 index fund and 20% (VBTIX). I like it so far.
by GordonG
Thu Aug 18, 2016 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Double Income No Kids (but expect kids in future) - How much home can we afford?
Replies: 28
Views: 5810

Re: Double Income No Kids (but expect kids in future) - How much home can we afford?

When you guys are saying 36% of income or 25% or whatever the rule-of-thumb is, are you talking net income? I've been house hunting for many years now, but haven't found "the one" yet. My current rent is about 12.3% of my net monthly income, which is very comfortable. I agree that 36% sounds like wa...
by GordonG
Wed Aug 17, 2016 9:42 am
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

It really sounds like the answer to my original questions is: it depends. It seems like there used to be a larger price differential between new and used cars, but not so much nowadays. The really cheap used cars tend to have tons of miles on them. Anyway, I ended up going with the certified-used SU...
by GordonG
Mon Aug 15, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

Agree about the make of the car. I would never buy a Toyota or Honda used. They're not that expensive to start with and the resale is insanely high. It's more advantageous to buy new and be the first owner and then sell it to someone else down the line. But now Audi... we have a great mechanic who ...
by GordonG
Mon Aug 15, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

So yeah, used car proponents will often talk about letting someone else "take the hit", then you get it a couple of years later. I guess by taking a "hit", they mean those first couple of years where the car smells outstanding, drives like a dream, lots of people notice your new car, your services ...
by GordonG
Mon Aug 15, 2016 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

So yeah, used car proponents will often talk about letting someone else "take the hit", then you get it a couple of years later. I guess by taking a "hit", they mean those first couple of years where the car smells outstanding, drives like a dream, lots of people notice your new car, your services ...
by GordonG
Mon Aug 15, 2016 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

Yeah, I agree that some of this depends on the car. I looked at Jeeps, and the some of the used ones were also around $18-19K, while brand new was a little over $20K. For such a small difference in price, just buying new would make sense. I hoped to get more mileage out of my Jeep (at 121K) now, but...
by GordonG
Mon Aug 15, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

Especially if you have excellent credit, new (or late model) auto loan financing has very low interest rates. It can make a lot of sense to finance a car purchase so you can reduce other consumer credit balances and/or fund longer term investmnts. I can get a 2014 SUV for about $18,500. The compara...
by GordonG
Mon Aug 15, 2016 10:45 am
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

Re: buying used car smarter than buying new?

Thanks for the replies. To give a few more details about myself....I've bought (financed) several new cars over the years and thought having a "cool" car was very important. I now own a heavily modified performance car, and while it is awesome, I think it will be the last "fancy" car I own. Now that...
by GordonG
Mon Aug 15, 2016 9:56 am
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 8403

buying used car smarter than buying new?

From what I've read, it seems that buying used is usually a smarter choice. For example, I can get a 2014 SUV for about $18,500. The comparable 2016 model starts at about $26K. That's almost a 30% savings. I like the idea of someone else taking that initial depreciation hit. The used SUV is low mile...
by GordonG
Thu Jun 30, 2016 2:38 pm
Forum: Personal Investments
Topic: VBINX still relevant [Vanguard Balanced Index Fund]
Replies: 23
Views: 1705

Re: VBINX still relevant [Vanguard Balanced Index Fund]

I used to have some shares in this fund, and thought it was pretty good. I only recently sold it because it was making it complicated to keep track of my asset allocation (the balanced fund is a mix of stocks and bonds). Now I just invest a certain percentage in a low-cost S&P 500 index fund, and th...