Search found 1168 matches

by harikaried
Wed Dec 21, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 4031

Re: Pre-pay mortgage vs Taxable?

The payments you make during those 20 years stay the same of far as which % is interest and which % is principal. This is most definitely incorrect. Every regular monthly payment has a different amount of interest as you're reducing the remaining principal, which is what the bank uses to charge int...
by harikaried
Fri Dec 16, 2016 12:26 am
Forum: Investing - Theory, News & General
Topic: Am I over diversifying?
Replies: 21
Views: 2143

Re: Am I over diversifying?

VTI 15.00% VB 7.00% VNQ 10.00% VEU 8.00% VSS 5.00% VWO 10.00% Just looking at these stock indices, you're generally not diversifying and tilting instead. Some people here tilt to certain sectors, but you shouldn't think you're gaining much "over"-diversification benefit. Using the Holding...
by harikaried
Wed Dec 14, 2016 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Did Intuit ruin Taxcaster?
Replies: 24
Views: 2705

Re: Did Intuit ruin Taxcaster?

DSInvestor wrote:I switched to taxact's tax calculator.
Here's a link for those curious:

https://www.taxact.com/tools/tax-calculator.asp
by harikaried
Tue Dec 13, 2016 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 132
Views: 19481

Re: Fidelity free Turbotax

A Premium Services representative said that the link shouldn't be showing up until January, so for the people who are seeing it, perhaps it's an early testing rollout? There seems to be 3 Fidelity qualifying requirements that individually can be satisfied to trigger the TurboTax link: - being an act...
by harikaried
Mon Dec 12, 2016 3:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Announces Short-Term Trading Fee Removal
Replies: 26
Views: 4291

Re: Fidelity Announces Short-Term Trading Fee Removal

One of the funds we have in my 401k is FSEVX (Extended Index), and we had to be careful when rebalancing to avoid the fee. Its prospectus has been updated "Effective December 12, 2016, the redemption fee has been removed." There's only a few funds left in my Fidelity 401k that have short t...
by harikaried
Fri Dec 09, 2016 6:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Announces Short-Term Trading Fee Removal
Replies: 26
Views: 4291

Re: Fidelity Announces Short-Term Trading Fee Removal

I had to pull my funds out of Fidelity because of their round trip policy. Once you bought a fund you had to hold it for a certain period, say 30 days. If you decided you make a mistake or market conditions changed, you could not sell the funds in 30 days, or incur a trading violation. If you have ...
by harikaried
Fri Dec 09, 2016 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 132
Views: 19481

Re: Fidelity free Turbotax

Did I screw up the navigation to the Taxes page, or is it really gone? It used to link to this page: https://www.fidelity.com/taxes/overview That now redirects to the following page which links to the $20 discount near the bottom: https://dpcs.fidelity.com/prgw/dpcs/tax-information/ So at minimum, ...
by harikaried
Wed Dec 07, 2016 4:27 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity transfer bonus
Replies: 14
Views: 2245

Re: Fidelity transfer bonus

Maybe $1200 for $500k+ transfer. Probably should call them to see if it can be funded across multiple transfers.

https://rewards.fidelity.com/offers/depositbonus
by harikaried
Tue Nov 22, 2016 2:48 am
Forum: Investing - Help with Personal Investments
Topic: How to mimic total market fund with 401k fund?
Replies: 3
Views: 435

Re: How to mimic total market fund with 401k fund?

https://www.bogleheads.org/wiki/Approximating_total_stock_market From that wiki page, you could probably just use this ratio: 85% Vanguard 500 Index Fund (VFINX) 15% iShares Russell 2000 Index (IWM) If you want to calculate a more precise ratio with your available funds, you can try using these mutu...
by harikaried
Sat Nov 19, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone trade with their Fidelity Cash Management Account?
Replies: 19
Views: 2212

Re: Anyone trade with their Fidelity Cash Management Account?

Have you continued to use your CMA as a long-term brokerage account? We still have a separate brokerage account at TDAmeritrade right now and haven't bought much in our CMA, but that's only because we're completing a transfer bonus at TDA and have chosen to put extra money towards our mortgage. We'...
by harikaried
Fri Nov 18, 2016 5:18 pm
Forum: Personal Consumer Issues
Topic: Driving from San Jose to San Diego - Where to Stop
Replies: 18
Views: 1628

Re: Driving from San Jose to San Diego - Where to Stop

The beach is near San Simeon and Hearst Castle. A note about driving Highway 1 along the coast: might need to take several breaks depending on how sensitive passengers (and driver) are to motion sickness.
by harikaried
Fri Nov 11, 2016 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Lender Credit - Refinance
Replies: 7
Views: 580

Re: Lender Credit - Refinance

My initial escrow payment is estimated at $1,209. Sorry if this is a naive question, but you have to pay the escrow out-of-pocket correct? I'm pretty sure any additional lender credits can go towards escrow payments and even sometimes paying down the principal (principal curtailment). It might be u...
by harikaried
Fri Nov 11, 2016 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Lender Credit - Refinance
Replies: 7
Views: 580

Re: Lender Credit - Refinance

While positive points (rate buy down) and negative points (lender credits) are not symmetrical, it can help estimate what's the points offer for each 0.125% rate change. http://www.bankrate.com/partners/sem/mortgage-groupb.aspx?type=refinance&prods=219&points=All BankRate currently shows for...
by harikaried
Thu Nov 10, 2016 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Completely new to HDHP plans -- worth it with 1 - 2 kids?
Replies: 33
Views: 2493

Re: Completely new to HDHP plans -- worth it with 1 - 2 kids?

MangoManiac wrote:But once they start daycare, I'm guessing they will be sick quite often based on what we've seen with our families.
What kind of sickness are you expecting?
by harikaried
Thu Nov 10, 2016 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing my 15 year loan. Best option for closing costs?
Replies: 6
Views: 400

Re: Refinancing my 15 year old. Best option for closing costs?

Another thing to consider is that you could possible go for an even higher rate to get more credits. Banks do this in the hopes to make up for their "loss" in credits with higher interest payments. (Similar to how a borrower could pay extra points to get a lower interest rate in the hopes ...
by harikaried
Thu Nov 10, 2016 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Refinancing my 15 year loan. Best option for closing costs?
Replies: 6
Views: 400

Re: Refinancing my 15 year old. Best option for closing costs?

Pay $0 but increase my interest rate from 2.75% to 2.875%. For a 1/8% increase, you're getting $2090, which on a $365k loan is 0.57 points. I believe on average, a point is 1/4%. I.e., going from 2.75% to 3.00% would be $3650 credit or going from 2.75% to 2.50% would be $3650 cost. So the $2090 for...
by harikaried
Thu Nov 10, 2016 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Would you invest $80K right now?
Replies: 38
Views: 5311

Re: Would you invest $80K right now?

25 years from now is ~2040, so Target Retirement 2040 to keep things simple? It currently is 53% US, 35% Intl, 12% Bonds.
by harikaried
Thu Nov 10, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: CC Autopay
Replies: 19
Views: 1562

Re: CC Autopay

Android Pay and Apple Pay don't reveal the actual credit card (account) number for transactions. Instead, they use a virtual account number, so it should be easier to detect and react to fraud as well as not needing to change your actual credit card account number.
by harikaried
Tue Nov 08, 2016 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity 529 Plans
Replies: 7
Views: 920

Re: Fidelity 529 Plans

We have two 529 plans with Fidelity, and both just have all the money in the Total Market Index with 0.11% total fees. We live in Nevada, so no state tax benefits, and most of our other accounts are with Fidelity.
by harikaried
Sat Nov 05, 2016 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Financial Health - Not Sure What to Do Next
Replies: 9
Views: 2421

Re: Financial Health - Not Sure What to Do Next

stop funding the EF (our $50k can fund 7-8 months of expenses) and use those funds to pay down the HELOC - Thank you all for the nudge! This might seem a bit extreme, but why not just pay off the HELOC with your cash? If you need cash, you can just transfer money back out from the HELOC. Although o...
by harikaried
Fri Nov 04, 2016 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance my Car Loan??
Replies: 21
Views: 2081

Re: Refinance my Car Loan??

What year is the vehicle? If it's not 2017 or 2016, PenFed rates are 1.99% for 3-year, 2.49% for 4-year, and 2.99% for 5-year:

https://www.penfed.org/refinance-auto-loan/
by harikaried
Fri Nov 04, 2016 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Best Mortgage if Paying Off in < 3 years
Replies: 10
Views: 1000

Re: Best Mortgage if Paying Off in < 3 years

I'd take the lowest closing cost/most lender credit/higher interest rate/shortest term mortgage you can. That's exactly what we did for our most recent house purchase. We got an ARM with as much lender credits and put any extra over closing costs towards principal curtailment. We were also able to ...
by harikaried
Thu Nov 03, 2016 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Family $6,750 limit questions
Replies: 100
Views: 6562

Re: HSA Family $6,750 limit questions

The maximum annual HSA contribution for a married couple with family HDHP coverage is the lesser of: (1) the lowest HDHP family deductible applicable to the family (minimum $2,000) or (2) the section 223(b)(2)(B) statutory maximum ($5,150 in 2004). Does (1) still apply today? I.e., you can contribu...
by harikaried
Thu Nov 03, 2016 1:46 am
Forum: Investing - Theory, News & General
Topic: Low Interest Rates: Opportunities Missed?
Replies: 14
Views: 2240

Re: Low Interest Rates: Opportunities Missed?

Do you have any short term debt at rates higher than 2%? You could take money out to pay off those other loans and repay the margin with regular income. In addition to having a lower rate, this would avoid capital gains tax if you would have sold positions to pay off the loans.
by harikaried
Wed Nov 02, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update: Reconveyance]
Replies: 11
Views: 1265

Re: Anything to do before ARM adjusts?

it might be a viable low-cost hedging strategy. This got me wondering if there are other cheap ways to get a loan or line of credit to finish off a small balance mortgage. I'm pretty sure PenFed used to allow cash out refinancing/recasting of their auto loans, so potentially one would effectively c...
by harikaried
Tue Nov 01, 2016 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update: Reconveyance]
Replies: 11
Views: 1265

Re: Anything to do before ARM adjusts?

If you have an escrow account, you will want to review that. We don't have an escrow account, but is this something that would change when the rate adjusts? I would assume if one did have an escrow account, the new monthly payments would have an unchanged insurance/tax escrow payment on top of the ...
by harikaried
Mon Oct 31, 2016 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update: Reconveyance]
Replies: 11
Views: 1265

Re: Anything to do before ARM adjusts?

Refinace to a fixed rate to avoid further rate increases? Or refinance to another ARM at a lower rate Actually, these comments made me realize we have an unused 5/5 HELOC with PenFed that has a slightly lower rate (Prime Rate) than the adjusted new rate of the ARM. The remaining principal is within...
by harikaried
Mon Oct 31, 2016 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Anything to do before ARM adjusts? [2017 Update: Reconveyance]
Replies: 11
Views: 1265

Anything to do before ARM adjusts? [2017 Update: Reconveyance]

Edit: Updated in 2017 in a reply below. tl;dr: $0 balance on mortgage… update #2 and reconveyance recorded! We recently passed the within-45-days-of-Change-Date mark, so we received a letter saying the rate will change for the first time for our 3/1 ARM from 2.625% to 3.875% on December 1. From my ...
by harikaried
Mon Oct 31, 2016 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Effect of auto loan pre-payment on interest owed
Replies: 10
Views: 1081

Re: Effect of auto loan pre-payment on interest owed

"We will figure the finance charge on a daily basis at the annual percentage rate on the unpaid part of the amount financed." Pretty sure this means that from your last payment, the remaining principal will be used to calculate interest at the APR in proportion to how many days went by. F...
by harikaried
Sun Oct 30, 2016 9:12 pm
Forum: Investing - Theory, News & General
Topic: Guaranteed 6.8% by paying down student loans?
Replies: 18
Views: 2114

Re: Guaranteed 6.8% by paying down student loans?

simplesimon wrote:You're not considering the savings in interest being invested for 20 years.
This. Also that you had to pay off the loan by year 10.
by harikaried
Thu Oct 27, 2016 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Switching to a HDHP with a HSA mid year because spouse with FSA loses coverage?
Replies: 5
Views: 610

Re: Switching to a HDHP with a HSA mid year because spouse with FSA loses coverage?

Should I just sign up to a HDHP for 2017 now, open a HSA with it, and fund 0 into it until the first day of the month after she quits? I don't have answers, but here's another question: Could you sign up for individual HDHP for yourself and fund it right away then switch to family HDHP and fund the...
by harikaried
Sun Oct 23, 2016 10:33 am
Forum: Personal Consumer Issues
Topic: How many have moved from California due to Cost of Living?
Replies: 108
Views: 12577

Re: How many have moved from California due to Cost of Living?

We find the numbers we want to see. Don't we? Are you trying to say my numbers of ~$6k/mo in Bay Area vs ~$1.5k in Reno are too high compared to your $4.7k/mo 2000 sqft $1M house? The numbers I was looking at are actual house sales from the last 3 months not list prices. I just did the same thing o...
by harikaried
Sat Oct 22, 2016 4:49 pm
Forum: Personal Consumer Issues
Topic: How many have moved from California due to Cost of Living?
Replies: 108
Views: 12577

Re: How many have moved from California due to Cost of Living?

the thing that has kept me planted where we are is my entire family (parents, grandparents, sister, etc.) all are within a 20 minute radius. One way to look at it is how much do you value those benefits of living in the Bay Area? My wife and I both grew up in the Bay Area, and now we're in Reno bot...
by harikaried
Fri Oct 21, 2016 6:08 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 159254

Re: Tesla S

I assume if I don't upgrade I will get the functionality promised when I purchase AP, which I believe should include "basic" Autopilot (ACC, lane keeping, lane changing with signalling, self parking, etc.). I just stopped by a dealership, and two people confirmed that non-Enhanced AutoPil...
by harikaried
Fri Oct 21, 2016 3:54 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 159254

Re: Tesla S

Other than the use of additional sensors I don't yet see much functional difference for EAP (Enhanced Autopilot) to see what I'm getting for an additional $2,000. From the description of EAP: "The enhancements include going from one to four cameras for greater accuracy, redundancy, and to see ...
by harikaried
Thu Oct 20, 2016 1:46 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 159254

Re: Tesla S

https://www.youtube.com/watch?v=uMM0lRfX6YI Or some variation. Seems like a lot of tech to avoid 4s:) Well, if the passengers were sleeping or the car was unoccupied, it would probably take more than 4s to get the vehicle charging. I would assume these will be used more for the "drop me off at...
by harikaried
Wed Oct 19, 2016 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 28
Views: 9465

Re: IRS says we owe over $2 million -- when to round amounts?

The OP must be an engineer. Ha. You are quite right! I suppose just to be clear, the amount wasn't actually $10,000.000. The number of shares transferred was already reported to the thousandths digit, and the original dollar amount with cents of $76,543.21 was divided by 10, so the value reported i...
by harikaried
Wed Oct 19, 2016 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year mortgage or 401(k)?
Replies: 29
Views: 2613

Re: 15 year mortgage or 401(k)?

Gropes & Ray wrote:I am currently saving 15% for retirement in tax advantaged space. The extra $4,000 would put me at about 20%.
Sounds like you're single with income around $80k putting you in the 25% tax bracket. If your after-tax expenses are $4000 less, then you can put an extra $5000 pre-tax money in your 401k.
by harikaried
Mon Oct 17, 2016 7:40 pm
Forum: Investing - Theory, News & General
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 73
Views: 11784

Re: Switching to Fidelity's new Total International Index (includes small cap!)

So, for the purposes of this thread I just want to know what people think as to how well this new fund can be expected to track its index over time. Perhaps one metric is to look at the fund manager's portfolio/experience: https://fundresearch.fidelity.com/mutual-funds/summary/31635V653 Geode Capit...
by harikaried
Sun Oct 16, 2016 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says we owe over $2 million -- when to round amounts?
Replies: 28
Views: 9465

Re: IRS says we owe over $2 million -- when to round amounts?

Just got the letter back from the IRS. They reduced the interest by ~$20k and the taxes by ~$2 million. If only we could write a letter to the IRS each year and have taxes reduced by that much. ;) Just to recap, we received the initial letter from IRS and replied late June, so 3.5 months to get thin...
by harikaried
Thu Oct 13, 2016 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Exchanging 100% of one fund for another
Replies: 2
Views: 410

Re: Question about Exchanging 100% of one fund for another

The number of shares you own doesn't change when the price changes. "Exchange all" is what you want.
by harikaried
Wed Oct 12, 2016 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Using Swipe Readers
Replies: 5
Views: 814

Re: Using Swipe Readers

Square also has a combined swipe and chip/EMV reader (but no contactless/NFC) for $29:
https://squareup.com/shop/reader

Although swipe readers seem to be phasing out because of the liability shift to merchants:
https://squareup.com/emv-liability-shift
by harikaried
Sat Oct 08, 2016 10:20 am
Forum: Personal Consumer Issues
Topic: Fidelity password security policies
Replies: 39
Views: 8203

Re: Fidelity password security policies

I just tried right now and I was able to log in with the phone-numeric version of my username and phone-numeric version of my password. Do you have 2-factor enabled?

The website login is also case insensitive for me as well as the app login.
by harikaried
Sat Oct 08, 2016 6:48 am
Forum: Personal Consumer Issues
Topic: Tesla X
Replies: 260
Views: 42940

Re: Tesla X

I wonder why, since the 60 battery is, afaik, still available in the S. My guess is that Tesla wants their vehicles to have at least ~215 miles that they've announced for Model 3. Even when charged to 100%, the X60D range shows up as 199 miles. With the v8 software update, S60 owners are seeing 214...
by harikaried
Sat Oct 08, 2016 6:21 am
Forum: Investing - Theory, News & General
Topic: Fidelity Go (Robo-Service) has launched nationwide
Replies: 25
Views: 5254

Re: Fidelity Go (Robo-Service) has launched nationwide

Interesting twist of including the underlying fund fees in the .35%-.40% management fee. Turns out this fee structure of including underlying funds is likely caused by the Department of Labor's fiduciary rule. Michael Kitces talked about this back in May: https://www.kitces.com/blog/schwab-intellig...
by harikaried
Fri Oct 07, 2016 11:20 am
Forum: Personal Finance (Not Investing)
Topic: refinance to 15 year fixed mortgage?
Replies: 11
Views: 1394

Re: refinance to 15 year fixed mortgage?

Closing costs with Penfed would be their 1% origination fee and $2,300 in other costs. If you're looking at PenFed but want to avoid the origination fee (~$1000), you might want to check out their 5/5 ARM: https://www.penfed.org/5_5-Adjustable-Rate-Mortgage-ARM/ Currently it's 2.625% for the first ...
by harikaried
Thu Oct 06, 2016 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Sorry, but tell [me] what to do with my mortgage
Replies: 62
Views: 5413

Re: Sorry, but tell [me] what to do with my mortgage

while you mention saving the $1 of interest you neglect to mention the opportunity cost of the money that was used to save that $1. If I'm making $2 then after I pay $1 in interest and get back $0.25 on my taxes I'm coming out ahead. If you didn't pay the interest, your $2 that you make and pay the...
by harikaried
Wed Oct 05, 2016 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: 30 yr mortgage, but pay like a 15 yr?
Replies: 55
Views: 6253

Re: 30 yr mortgage, but pay like a 15 yr?

Basically you would be paying a small amount of extra interest (0.25% or so probably) The difference in interest rate between 30-year and 15-year is a bit more than 0.25%. Right now you can get a 30-year rate of 3.5% while a 15-year rate is 2.75%. That difference of 0.75% means for every $100k borr...
by harikaried
Wed Oct 05, 2016 5:32 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 159254

Re: Tesla S

I'll stick with my Subarus, I guess and be happy when I make my 720 mile trip with one stop for gas/food/bathroom (done this trip many times)....and back on the highway in under 15 minutes. How many times in a year would you be making this trip? If you value the ability to make the 700 mile trip wi...
by harikaried
Wed Oct 05, 2016 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Which one to do first, a Refinance or Remodel?
Replies: 10
Views: 823

Re: Which one to do first, a Refinance or Remodel?

Chowder wrote:I currently have enough available cash to either do a refinance
What cash do you need for a refinance?

Chowder wrote:the value added to my house after the remodel is finished also seems equally as positive
What positive do you see from remodeling in regards to a subsequent refinance?

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