Search found 1181 matches

by harikaried
Sat Dec 31, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1207

Re: Why not look at total dollar loan costs when considering paying down/off a loan?

If you used dollars at the same time frame across all decisions, then it would be the same. I believe all of these responses are getting at the same thing of future dollars are worth different from today/current-year dollars, and afan has provided a new-to-me financial term that seems to address ho...
by harikaried
Sat Dec 31, 2016 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1207

Re: Why not look at total dollar loan costs when considering paying down/off a loan?

With investments, you also need to consider time. When you make an extra $10,000 principal payment at the beginning of the loan you are reducing the interest by a larger amount than at the end of the loan, which you would expect as the time the $10,000 is "invested" is very different. I d...
by harikaried
Fri Dec 30, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1207

Re: Why not look at total dollar loan costs when considering paying down/off a loan?

Yes, you are overlooking opportunity cost. Doesn't one run into the same issue when using rates? Some people say you can pay down a 4% mortgage to effectively save 4%, but there's the opportunity cost of what else could have been done with that money. Additionally, that 4% saved is not entirely cle...
by harikaried
Thu Dec 29, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why not look at total dollar loan costs when considering paying down/off a loan?
Replies: 10
Views: 1207

Why not look at total dollar loan costs when considering paying down/off a loan?

When someone asks about paying extra towards a mortgage in the context of either 1) extra savings that could be invested or 2) selling taxable gains, the mathematical considerations tend to focus on interest rates and expected rates of return. I would think that some people can better relate to actu...
by harikaried
Mon Dec 26, 2016 8:42 pm
Forum: Investing - Help with Personal Investments
Topic: FTABX vs FBIDX for taxable ? [Fidelity Tax-Free vs. U.S. Bond]
Replies: 7
Views: 1140

Re: FTABX vs FBIDX for taxable ?

turbojot wrote:State of residence: CA and tax bracket: 9%.
At Fidelity, maybe this commission-free iShares ETF?

iShares California Muni Bond ETF
https://www.ishares.com/us/products/239 ... i-bond-etf
by harikaried
Mon Dec 26, 2016 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1434

Re: Should I liquidate taxable investments to pay off auto loan?

Another choice might be to refinance the loan at a lower interest rate: m. To provide some more details to compare. PenFed's 1.49% rate for 36 months would have a monthly payment of ~$700 but total interest cost over 3 years would be under $600. Is it worth selling the taxable investments with $400...
by harikaried
Mon Dec 26, 2016 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1434

Re: Should I liquidate taxable investments to pay off auto loan?

Doesn't make sense to pay Uncle Sam 15% to pay off a 4% loan. To be clear, 15% long-term capital gains tax is only on the gains. An initial $22k invested with $3k gain sold results in $25k with a tax cost of $450. A $25k loan at 4% has an interest cost of almost $1k in the first year. Does it make ...
by harikaried
Mon Dec 26, 2016 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in taxable account -- tax efficiency
Replies: 18
Views: 2694

Re: Bonds in taxable account -- tax efficiency

I don't think Fidelity has much to offer in Fidelity branded products in the municipal bond arena. You might check their no-transaction fee list for other companys' muni bond funds or ETFs. Doing a quick ETF screening on Fidelity: m Buy online commission-free -> Yes Fixed Income: Debt Issuer Object...
by harikaried
Mon Dec 26, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 13617

Re: At what age, income, and NW would you buy a $50k car?

the truly useful function would be a self-driving car, but that will start around $100k from Tesla next year Tesla Model 3 with self-driving capabilities enabled should be ~$36k after incentives next year, but the interesting twist would be that the car could potentially make money for you while yo...
by harikaried
Mon Dec 26, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1434

Re: Should I liquidate taxable investments to pay off auto loan?

schoolboyguy wrote:I have never seen anyone ask if they should liquidate holdings to pay off a loan
Perhaps you were searching for "liquidate" which people usually refer to selling everything. There's plenty of discussion about selling taxable to pay off/down various loans:

https://www.google.com/search?q=sell+ta ... eheads.org
by harikaried
Mon Dec 26, 2016 3:23 am
Forum: Investing - Theory, News & General
Topic: What is an authoritative source for the ratio of the sizes of the U.S. and international markets?
Replies: 19
Views: 1718

Re: What is an authoritative source for the ratio of the sizes of the U.S. and international markets?

Perhaps this is a roundabout way to estimate US vs international.... If you believe VTI and VXUS are appropriately weighted, looking at their #1 holding and market cap: VTI #1 holding = Apple 2.45% m Apple 621.3b market cap m VXUS #1 holding = Nestle 1.04% m Nestle 219.8b market cap m This would rou...
by harikaried
Sat Dec 24, 2016 4:01 am
Forum: Investing - Help with Personal Investments
Topic: moving to vanguard, not sure about my tax-advantaged account allocations
Replies: 4
Views: 478

Re: moving to vanguard, not sure about my tax-advantaged account allocations

Starting this year, we will be dumping sizeable funds into non-taxed advantaged accounts as we have maxed our advantaged ones. Have you looked at using a solo401k instead of the sep? That would allow more advantaged contributions. His 401k: maxed out ($18,500) FYI, the max is $18,000. Another way t...
by harikaried
Fri Dec 23, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Will or Living Trust?
Replies: 20
Views: 1512

Re: Will or Living Trust?

listedguru wrote:soon to be 10 year old child
What's the differences in how you can have the child taken care of (financially and parenting) with a will vs a living trust?
by harikaried
Wed Dec 21, 2016 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Pre-pay mortgage vs Taxable?
Replies: 54
Views: 4599

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: 2368

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: 3036

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: 21153

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: 5048

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: 5048

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: 21153

Re: Fidelity free Turbotax

Church Lady wrote: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, they're changing things around on their Taxes page.
by harikaried
Wed Dec 07, 2016 4:27 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity transfer bonus
Replies: 14
Views: 2618

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: 515

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

m 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 mutual funds instead as inputs to Morningstar X-Ray: m VFINX Vangua...
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: 2519

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: 2243

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: 682

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: 682

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. m BankRate currently shows for me various lenders of 5/1 ARM... Sebonic Financial: 3.000% 0.0 points 2.875% 0.1 points (0.1 points...
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: 3124

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: 463

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: 463

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: 5759

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: 1737

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: 1078

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: 2548

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: 2352

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: 1131

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: 7396

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: 2485

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: 1449

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: 1449

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: 1449

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: 1449

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: 1216

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: 2295

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: 716

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: 13706

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: 13706

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: 1002
Views: 173429

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: 1002
Views: 173429

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: 1002
Views: 173429

Re: Tesla S

m 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 the front door and find parking itself&qu...
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: 9686

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...