Search found 49 matches

by Pessimist55
Tue Aug 13, 2019 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: Are you refinancing now?
Replies: 73
Views: 6957

Re: Are you refinancing now?

I don't get why better needs to do a soft inquiry for a basic rate quote Too invasive for me Currently locked for a 15-year 3% no cost. Can you share name.of the Lender Go to better.com to get a loan estimate. Then go to mortgage professor to get the best quote. If price is lower than better, obtain...
by Pessimist55
Mon Aug 12, 2019 11:55 pm
Forum: Personal Finance (Not Investing)
Topic: Are you refinancing now?
Replies: 73
Views: 6957

Re: Are you refinancing now?

seawolf21 wrote:
Mon Aug 12, 2019 1:35 pm
Currently locked for a 15-year 3% no cost.


Can you share name.of the Lender
by Pessimist55
Wed Aug 15, 2018 11:17 pm
Forum: Personal Consumer Issues
Topic: Chevy Volt for Commute
Replies: 24
Views: 2713

Re: Chevy Volt for Commute

As a heads up the middle space in the rear is blocked and can't seat another passenger
by Pessimist55
Sun Aug 05, 2018 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: How to Start CC Churning
Replies: 33
Views: 4814

Re: How to Start CC Churning

if you are over 5 cards within the last 24 months, try getting a CSP/CSR card from Chase. a relationship w an wealth banker also won't bypass it
i rest my case.
whodidntante wrote:
Sun Aug 05, 2018 3:08 pm
Pessimist55 wrote:
Thu Aug 02, 2018 8:43 am
You're a couple years too late to the game
Not so. Churning is alive and well.
by Pessimist55
Sun Aug 05, 2018 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Do you think I am being too conservative on buying a house?
Replies: 46
Views: 4142

Re: Do you think I am being too conservative on buying a house?

If you're looking to have two kids I'd get at least a two bedroom place. I have a 9mo old in a 2bdrm condo 1100sqft. It is tight!.
by Pessimist55
Fri Aug 03, 2018 12:08 am
Forum: Personal Finance (Not Investing)
Topic: How to Start CC Churning
Replies: 33
Views: 4814

Re: How to Start CC Churning

There are tons of restrictions on the number of cards one can get 5/24. Amex has newer restrictions so does Citi. Once in lifetime, 2 cards every 60 days blah blah. BofA Alaska xards harder to get w. X number of cards x number of days. Ms is dead. U can't have multiple offers on ur Amex as of a few ...
by Pessimist55
Thu Aug 02, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: How to Start CC Churning
Replies: 33
Views: 4814

Re: How to Start CC Churning

You're a couple years too late to the game
by Pessimist55
Tue Jul 10, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 411
Views: 60594

Re: That Extravagant Thing You Do

Flying in first class (w my miles) whenever I go on vacation. Not talking about ua aa, more of the world's best airlines and their planes
by Pessimist55
Sat May 05, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: PenFed rate reset?
Replies: 34
Views: 7505

Re: PenFed rate reset?

I have the exact same 5/5 2.50% and it is coming for renewal in about a year. will definitely jump on the offer if I am able to get it as they can adjust a minimum 2%.
by Pessimist55
Sat Mar 24, 2018 2:02 am
Forum: Personal Finance (Not Investing)
Topic: changing my signature when signing checks and credit card receipts
Replies: 47
Views: 4437

Re: changing my signature when signing checks and credit card receipts

Ally blocked a $ 9000 check cuz they didnt like how
I signed it

Got hit w various service fees due to this
by Pessimist55
Mon Mar 19, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: If you thought you were going to get laid off wwyd? [What would you do]
Replies: 32
Views: 3334

Re: If you thought you were going to get laid off wwyd?

Look for new job. Max out 401k contributions if they match. Use up FSA. plan your next vacation. I went on a couple trips around the world in first class w miles during my time off. Cuz you never know when you will have this much free time. I regret not taking more trips!
by Pessimist55
Sat Mar 03, 2018 1:09 am
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Users-Experience So Far?
Replies: 37
Views: 3377

Re: Google Pixel 2 Users-Experience So Far?

Had pixel2 since it came out. Long time Android user. Very impressed. No probs whatsoever
by Pessimist55
Wed Feb 21, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Property Tax form - Nonresident alien married to US Citizen
Replies: 0
Views: 279

Rental Property Tax form - Nonresident alien married to US Citizen

I married my wife in 2017. She has a company that manages her rental property in a lease back situation. Prior to the marriage she was treated as a non resident alien for 2016 taxes. I notified the company that I would be filing MFJ w her as I am a US citizen. They are stating that even tho she qual...
by Pessimist55
Thu Jan 18, 2018 1:39 am
Forum: Personal Investments
Topic: views on "Empower Retirement" as a 401k provider? fees? ease of use etc?
Replies: 44
Views: 19641

Re: views on "Empower Retirement" as a 401k provider? fees? ease of use etc?

My multibillion company also uses them.we have very limited choices of very cheap plain vanilla core sga funds along w target dated vg funds. I have not seen any fees yet.
I do not like their interface nor the two step security that is required whenever I want to access my account online
by Pessimist55
Sun Dec 31, 2017 2:55 am
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 132
Views: 15363

Re: Best 401k Employer Match Structure

Oracle: 6% match w a 4yr vest schedule. Fidelity.good cheap funds.tond selection Pypl/eBay 4% w true up next pay period. No vest. Has limited cheap funds. Schwab. INTU Forgot the percentages(1.25x contribution), Up to $10k match. YR 1 50% vest yr 2 100%. Very Limited plain vanilla funds w SSGA but d...
by Pessimist55
Sat Nov 11, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 3523

Re: PayPal alternative?

They shut my ability to accept personal payments cuz I got two large payments to my personal n biz acct . Got no warning just straight up removal. Want my peeps to pay up.... Anytime a cc is used to pay, the sender eats the fees. Buyer won't feel a thing. So whatever someone said free when using cc ...
by Pessimist55
Thu Oct 12, 2017 12:06 am
Forum: Personal Consumer Issues
Topic: Sonoma in October
Replies: 56
Views: 6579

Re: Sonoma in October

Smoke from Napa can be felt in San Jose 60+ miles south
by Pessimist55
Fri Jul 28, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: Company has Vanguard 401(K) Offerings At Fidelity? Why?
Replies: 10
Views: 1343

Re: Company has Vanguard 401(K) Offerings At Fidelity? Why?

Those record keeping fees show up in the transactions each time it is assessed. You will see shares of whatever holdings you possess get sold off to cover those record keeping fees.
by Pessimist55
Wed Jun 28, 2017 1:13 am
Forum: Personal Investments
Topic: Settlement fund and MM fund
Replies: 7
Views: 1526

Re: Settlement fund and MM fund

i still see my two transactions as pending in the order status page and can be cancelled. is this normal?
by Pessimist55
Tue Jun 27, 2017 3:18 pm
Forum: Personal Investments
Topic: Settlement fund and MM fund
Replies: 7
Views: 1526

Re: Settlement fund and MM fund

I have $xxx in the settlement fund and $xxx in VMMXX. I did a sell of VMMXX and a buy of ABC fund w their warning of them needing to liquidating my holdings which consists of $ from settlement fund and VMMXX. I have no other holdings for this specific account (IRA) I didn't think of exchange but it ...
by Pessimist55
Tue Jun 27, 2017 2:50 pm
Forum: Personal Investments
Topic: Settlement fund and MM fund
Replies: 7
Views: 1526

Settlement fund and MM fund

I have all my 'cash' holdings in the MM fund VMMXX, I had a few dollars in my settlement fund from monthly 'interest' What's the proper way to sell the MM funds to buy various Mutual funds the same day? Would I be able to put a sell order of say $5,000 from VMMXX then another order for ABC fund minu...
by Pessimist55
Wed May 31, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Using LastPass to Manage Passwords
Replies: 40
Views: 6295

Re: Using LastPass to Manage Passwords

i was asked to renew for $12 a couple of months ago. I've been a LP user for many yerars. I dont normally buy software. They are one of the few programs that I shell out $12 a year for. The convenience of being able to login via my cell and desktop without having to remember my pw is worth the $12. ...
by Pessimist55
Tue May 30, 2017 6:29 pm
Forum: Personal Consumer Issues
Topic: Using LastPass to Manage Passwords
Replies: 40
Views: 6295

Re: Using LastPass to Manage Passwords

I've been a LP user for many yerars. I dont normally buy software. They are one of the few programs that I shell out $12 a year for. The convenience of being able to login via my cell and desktop without having to remember my pw is worth the $12. Thank you for all the replies so far. Do you think th...
by Pessimist55
Sat May 27, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Contributing the entire Year 401K in one Pay period allowed?
Replies: 22
Views: 4674

Re: Contributing the entire Year 401K in one Pay period allowed?

Some companies restrict you to maximum% allowed. Varies from company to company
by Pessimist55
Thu Mar 30, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice/help selecting new health insurance company - Pregnancy
Replies: 10
Views: 1273

Re: Need advice/help selecting new health insurance company - Pregnancy

Right, i'm leaning towards kaiser at this pt. My assumptions are no complications and delivery occurs by year end.
by Pessimist55
Wed Mar 29, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice/help selecting new health insurance company - Pregnancy
Replies: 10
Views: 1273

Re: Need advice/help selecting new health insurance company - Pregnancy

I called my company's benefits team. Now my math is has changed. my employer will only pay for my cobra for 4 months. I took the assumption that they would pay for me+spouse when i marry to her. so let's say she gets on my cobra while my employer pays for my portion of it, my premium increases by an...
by Pessimist55
Wed Mar 29, 2017 1:44 am
Forum: Personal Finance (Not Investing)
Topic: Need advice/help selecting new health insurance company - Pregnancy
Replies: 10
Views: 1273

Need advice/help selecting new health insurance company - Pregnancy

Hi, I need some advice on selecting the best healthcare plan for Sept to Dec. I"m in a complicated situation and will have life qualifying events that would enable me to switch plans. I'm a resident of CA, 30s. 15% tax bracket if MFJ in 2017, 25% if Single filing status, CA tax rate of 4-6% MFJ. I w...
by Pessimist55
Fri Mar 24, 2017 11:37 pm
Forum: Personal Consumer Issues
Topic: In-N-Out Burger - Best Chain Fast Food Burger Joint?
Replies: 157
Views: 25294

Re: In-N-Out Burger - Best Chain Fast Food Burger Joint?

Everytime I go there. I have to wait 10-15 for my food. Do not get why there's not order ahead of time or why they can't just cook a bunch of patties in advance for the big crowds and make the whole process more efficient. They have the data on when they will be busy and not the patties will still b...
by Pessimist55
Tue Mar 14, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: PayPal - Any Disadvantages?
Replies: 49
Views: 6808

Re: PayPal - Any Disadvantages?

Most credit cards provide security protection. You can easily dispute a charge that you did not make and will be issued instant credits ( don't use Barclay's, their dispute process is a pita)
by Pessimist55
Tue Mar 14, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Former Employer made erroneous 401k contribution. What to do?
Replies: 9
Views: 1164

Re: Former Employer made erroneous 401k contribution. What to do?

My employer ignored my change request from Schwab. I had to contact my employer and then Schwab and they were able to fix things. (Across two plan years!) Contact your benefits team or payroll team to fix it
by Pessimist55
Sat Oct 01, 2016 6:49 pm
Forum: Personal Investments
Topic: Comprehensive discussion on holding/trading mutual funds, ETF, and stocks in Chase (for those who values CPC status)
Replies: 101
Views: 19901

Re: Beginner's guide to not getting con'd by Chase

Walmart allow people w debit gift cards to turn them into cash. Some cashier are anal w whatver rules they like to make up themselves w no regard to corporate policy. I believe all fantasy meant was he found a friendly cashier who doesn't question his mo purchases and makes the process smooth. It's ...
by Pessimist55
Sat Oct 01, 2016 11:12 am
Forum: Personal Investments
Topic: Good funds for Emergency Fund?
Replies: 21
Views: 3361

Re: Good funds for Emergency Fund?

What about Lt muni bonds for those in higher tax brackets?
by Pessimist55
Sat Oct 01, 2016 1:26 am
Forum: Personal Finance (Not Investing)
Topic: Traditional PPO vs high-deductible PPO + HSA
Replies: 29
Views: 5209

Re: Traditional PPO vs high-deductible PPO + HSA

I do not like hsa because I have to pay huge amount of money to see a doctor until I hit my deductible. Typical doctor visits costs $300-500 a visit. With HSA I Would have to pay these amounts the first few visits. I rather get on the PPO plan pay a higher weekly deduction and only a copay for my do...
by Pessimist55
Sat Oct 01, 2016 1:03 am
Forum: Personal Investments
Topic: Comprehensive discussion on holding/trading mutual funds, ETF, and stocks in Chase (for those who values CPC status)
Replies: 101
Views: 19901

Re: Beginner's guide to not getting con'd by Chase

I also was seriously considering CPC until I read Jeff's post of 1.25% fee on all assets. no way i'd do this. If it was parking $100K without annual maintenance fees, then i'd be willing to consider. Altough I'll lose 1% from the possible interest from say Ally. You are technically down 1.25+1% the ...
by Pessimist55
Sun Sep 18, 2016 12:53 am
Forum: Personal Investments
Topic: Contribute to Roth 401k? Tax related question.
Replies: 9
Views: 1223

Re: Contribute to Roth 401k? Tax related question.

I wont do any backdoor and just do traditional 401k going forward. Thanks everyone for the input.
by Pessimist55
Sat Sep 17, 2016 2:41 am
Forum: Personal Investments
Topic: Contribute to Roth 401k? Tax related question.
Replies: 9
Views: 1223

Re: Contribute to Roth 401k? Tax related question.

For the backdoor Roth, I like this link for a nice how-to guide. https://thefinancebuff.com/the-backdoor-roth-ira-a-complete-how-to.html It explains how you can contribute the full $18k to a Roth OR Non-Roth 401k and still fund 5500 into a separate Roth IRA. Second, with regards to the usual Roth 4...
by Pessimist55
Sat Sep 17, 2016 1:08 am
Forum: Personal Investments
Topic: Contribute to Roth 401k? Tax related question.
Replies: 9
Views: 1223

Re: Contribute to Roth 401k? Tax related question.

Tax status W2, $128K This is Box 1 on your W-2, correct? In other words, is your gross salary $146K (or higher) and the $128K is after subtracting the $18K you contribute to your 401k (and any other pre-tax amounts)? My gross is 128K, 128k-18k gets me down to under the 117K before phase out is in p...
by Pessimist55
Fri Sep 16, 2016 9:59 pm
Forum: Personal Investments
Topic: Contribute to Roth 401k? Tax related question.
Replies: 9
Views: 1223

Contribute to Roth 401k? Tax related question.

Tax status Fed 28% State (CA) 9.3% Gross, $128K 35yo Single 401k, Roth 401k also available. I itemize as I have about $5000 in annual interest payments with property tax at about $4400. I max out $18K to my 401K each year. Obviously with my income, if i were to invest it all/most in a non roth 401k,...
by Pessimist55
Wed Sep 07, 2016 9:52 pm
Forum: Personal Investments
Topic: Apple employee seeking advice on 401k and general investments
Replies: 28
Views: 7690

Re: Apple employee seeking advice on 401k and general investments

I wasn't sure what you meant by 6% of my income pretax. If you are saying they match 50% of your contributions up to a max of 6% of your income then this how I would maximize it. 120K x 0.06 = 7,200 x 2 or 14,400 to contribute to your 401K each year maximize your match of 7,200. You probably also ha...
by Pessimist55
Sat Sep 03, 2016 12:33 am
Forum: Personal Investments
Topic: Apple employee seeking advice on 401k and general investments
Replies: 28
Views: 7690

Re: Apple employee seeking advice on 401k and general investments

I think you have some math errors: Your CA tax rate is 9.30 http://www.bankrate.com/finance/taxes/state-taxes-california.aspx If your company matches 50%, 18K *50% is 9K. If I were you, I"d max out 401K (most companies add another cap as a % of your salary, AAPL is very generous) and max out ESPP. T...
by Pessimist55
Fri Aug 07, 2015 12:01 am
Forum: Personal Investments
Topic: 401K Administrator (Schwab) refuses to transfer over historical data
Replies: 3
Views: 747

401K Administrator (Schwab) refuses to transfer over historical data

I'm not sure which forum my question belongs to, It is more a generic question on how a record keeper (Schwab) should function I work for Paypal, we spun of off ebay. Our 401k record keeper is Charles Schwab. We now have a separate instance of the account with all shares transferred over. This was d...
by Pessimist55
Thu May 28, 2015 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

Re: HSA Excess Contribution -2014

ok i will do the 8889 this year. thanks for your help
by Pessimist55
Thu May 28, 2015 1:46 am
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

Re: HSA Excess Contribution -2014

I forgot to deduct 3,300 2014 HSA contribution. -- There were no employer contributions. Let me make sure I understand correctly: I need to amend my 2014 1040 by filing a 1040x. File form 8889 Include my distribution on line 14a and applicable interest on 14b? I read the interest income (from the ex...
by Pessimist55
Wed May 27, 2015 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

Re: HSA Excess Contribution -2014

What do you mean by increase my 2014 income?
I never took any deduction related to the HSA contribution.
Shouldn't my amendment DECREASE my income due to the 1650 contribution?
by Pessimist55
Wed May 27, 2015 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

Re: HSA Excess Contribution -2014

i went to the bank... The guy called the back office and was told that they would NOT reissue a revised 5498-sa. They will issue a 1099 in 2015 that shows the distribution. I was under the impression they'd send a revised 5498? THe IRS site doesn't specify what form the bank would need to file.. htt...
by Pessimist55
Wed May 27, 2015 1:29 am
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

Re: HSA Excess Contribution -2014

Ah, I went and reread the paragraph from the paperwork. ok so i'm hit with what a couple bucks in penalty.
Hopefully i can the revised form in a timely manner, want to get this over with.
thanks!
by Pessimist55
Tue May 26, 2015 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

Re: HSA Excess Contribution -2014

Yes I filed my taxes by Apr 15th. That check was only applicable for those w an extension so i technically wouldn't apply. It appears my bank is ok w me getting back my excess contribution per the manager. As for the tax form.. (I'll believe it when i see the revised 5498, going to the branch tomorr...
by Pessimist55
Tue May 26, 2015 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: HSA Excess Contribution -2014
Replies: 13
Views: 1634

HSA Excess Contribution -2014

I enrolled in a new HSA plan in beginning of 2014 for 3300. I'm single. I switched jobs middle of the year and enrolled in a PPO plan. I assumed that I could have just done 3300 for the year and forgot about it. Today, I get my 5498-sa from my bank showing the contribution amount of 3300. well jeez ...