Search found 6902 matches

by JBTX
Mon Sep 21, 2020 9:12 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9820

Re: Quicken Disaster!

sambb wrote: Mon Sep 21, 2020 8:58 pm is this quicken still popular? why?
Because, warts and all, it is the only thing that I have seen or read about that does what it does.

What do you suggest as an alternative?
by JBTX
Sun Sep 20, 2020 9:01 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9820

Re: Quicken Disaster!

https://community.quicken.com/discussion/7857954/how-i-can-export-all-activity-and-accounts-to-excel Those instructions don't seem to match what I see when I try to follow them. The very first step is: Click on Banking in the left sidebar. This THEN create a register of all your banking (cash, chec...
by JBTX
Sun Sep 20, 2020 8:14 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 309
Views: 20166

Re: Is anyone waiting until after the election?

I have never understood why the Boglehead Mods will lock "political" and "medical" posts, because they are outside of the scope of Jack Bogle finance topics, but will allow "timing" posts which are also well outside of the scope of Jack Bogle finance topics. Politics is very contentious. It overwhe...
by JBTX
Sun Sep 20, 2020 7:51 pm
Forum: Personal Investments
Topic: Any (legal) “loophole” for unused 529 funds?
Replies: 14
Views: 1473

Re: Any (legal) “loophole” for unused 529 funds?

If you or kids have special needs child you can move it to 529 ABLE ($15K per year max I think) I think there is an exception if child goes to military. If nothing can immediately be worked out, I would probably use it for my fixed income allocation, to limit growth (and tax/penalty). You could use ...
by JBTX
Sun Sep 20, 2020 7:38 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 309
Views: 20166

Re: Is anyone waiting until after the election?

I know, I know: Time in the market, not timing the market. BUT: I have some new cash (about 6% of total portfolio) and I'm curious whether anyone else is waiting until after the US election in 45 days? So what is the premise - That you will wait and decide whether to invest, depending on who wins? ...
by JBTX
Sun Sep 20, 2020 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: IBond maximizing for a married couple
Replies: 14
Views: 1512

Re: Ibond maximizing for a married couple

My husband and I have decided to start transferring our $100k emergency funds from no penalty CDs with Ally Bank to I Bonds at the US Treasury Dept. We are both trustees of a revocable living trust (RLT) that does not have a tax ID# and benefits our children. After reading multiple postings on this...
by JBTX
Sun Sep 20, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: IBond maximizing for a married couple
Replies: 14
Views: 1512

Re: IBond maximizing for a married couple

Hello, My wife and I keep our rainy day funds in I Bonds too, but I made a happy accident a few years ago. After a pretty hectic week, I accedentaly purchased $50K in I Bonds in one night under both of our SSNs. When I came to my senses the next day, I realized that I purchased $30K too much for ou...
by JBTX
Sun Sep 20, 2020 3:52 pm
Forum: Personal Consumer Issues
Topic: Coping with Megacorp rat race
Replies: 168
Views: 16410

Re: Coping with Megacorp rat race

In my experience most managers do the best they can with the resources they have and the goals that are given to them. People who hate their MegaCorp bosses: please describe a concrete example or two of their shortcomings, and how you would have handled it differently if you were in their shoes. Ge...
by JBTX
Sun Sep 20, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: Best shoes for running?
Replies: 65
Views: 3335

Re: Best shoes for running?

I've heard some good things about "Foot Solutions". I haven't tried it yet, sooner or later I will.

I'd like to know what are the shoes with the most room for inserts and best up front cushion. I just cannot get enough padding in the front, perhaps due to metatarsalgia. Even for walking.
by JBTX
Sat Sep 19, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: Is Costco worth the $120 membership?
Replies: 238
Views: 15371

Re: Is Costco worth the $120 membership?

Had the basic membership. Really only used it for glasses (frames) and a couple of select online purchases. It is 15 miles away and a madhouse and I don't know where everything is inside and the one time I grocery shopped there I couldn't find everything I usually buy. I'll probably wait to renew un...
by JBTX
Sat Sep 19, 2020 2:19 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9820

Re: Quicken Disaster!

If you aren't going to use your backups when you need them, might as well just delete them and stop backing up entirely. I have tons of backups. I tried several of them over a wide variety of dates. All fail the same way. Have you tried on another computer, or tried with a prior version of quicken?...
by JBTX
Sat Sep 19, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house before a potential corporate restructure - good or bad?
Replies: 23
Views: 1542

Re: Buying a house before a potential corporate restructure - good or bad?

I would not be buying a house or making any major financial commitment with so little liquidity left over, looming restructuring or not. What would you consider sufficient liquidity? $15-20k is 6 months of living expenses for me. During normal times I should be able to find a job in that period of ...
by JBTX
Sat Sep 19, 2020 1:42 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9820

Re: Quicken Disaster!

I'm confused. Seems like if it worked before, you just go to a windows restore point, use a backup file then problem solved.

If the restore doesn't exist, find a prior version of the software.

If that doesn't work, try another computer.
by JBTX
Sat Sep 19, 2020 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house before a potential corporate restructure - good or bad?
Replies: 23
Views: 1542

Re: Buying a house before a potential corporate restructure - good or bad?

I would not be buying a house or making any major financial commitment with so little liquidity left over, looming restructuring or not. What would you consider sufficient liquidity? $15-20k is 6 months of living expenses for me. During normal times I should be able to find a job in that period of ...
by JBTX
Sat Sep 19, 2020 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house before a potential corporate restructure - good or bad?
Replies: 23
Views: 1542

Re: Buying a house before a potential corporate restructure - good or bad?

I would not be buying a house or making any major financial commitment with so little liquidity left over, looming restructuring or not.
by JBTX
Sat Sep 19, 2020 11:58 am
Forum: Investing - Theory, News & General
Topic: I was wrong! Recession in 10 years 8 Months
Replies: 25
Views: 5708

Re: I was wrong! Recession in 10 years 8 Months

The difference seems to be that between 10+ years the recessions were 2 of the worst in history. We seem to be able to engineer our way out of normal recessions with fed policy/ financial engineering. But eventually something comes along that is overwhelming and you have a dramatic reversal.
by JBTX
Fri Sep 18, 2020 5:10 pm
Forum: Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 112
Views: 16573

Re: Can I afford a $1,400,000 house

4.1%, an awful interest rate, on a $1.4 million loan on top of already existing negative equity.

Hard Pass.
by JBTX
Fri Sep 18, 2020 4:58 pm
Forum: Personal Investments
Topic: Is retirement in 2 years possible?
Replies: 43
Views: 5779

Re: Is retirement in 2 years possible?

Your social security seems low for that income.
by JBTX
Fri Sep 18, 2020 10:17 am
Forum: Personal Consumer Issues
Topic: Vastly different quotes for wallpaper removal and painting job
Replies: 39
Views: 2518

Re: Vastly different quotes for wallpaper removal and painting job

My thinking is that interior painting is a job that I do myself. So if you are willing to pay someone a bunch of money to do the job you must be well off enough not to care too much what it costs. The cost of painting is mostly in the preparation. So if I WERE willing to pay for painting, I would w...
by JBTX
Thu Sep 17, 2020 11:50 pm
Forum: Personal Consumer Issues
Topic: Teen Driver Addition to Insurance
Replies: 27
Views: 2003

Re: Teen Driver Addition to Insurance

I'm in Texas. It is expensive. I have a 17.5 yo daughter and our insurance about trippled to over $800/month. Granted we have 4 cars, and my 2 are a Porsche GT3 and Challenger. You cannot restrict them to a single vehicle unfortunately, thanks Fresh Prince... I was given the option of having a waiv...
by JBTX
Thu Sep 17, 2020 8:59 pm
Forum: Personal Consumer Issues
Topic: Anybody else enjoy sitting around and doing little in retirement?
Replies: 106
Views: 14611

Re: Anybody else enjoy sitting around and doing little in retirement?

I'd consider myself in semi retirement. DW works full time. Found myself out of a job suddenly recently. Although working at home it became more of a time sink as time progressed. Liked the work content but other aspects became overly stressful. With a kid in high school and one college age there's ...
by JBTX
Thu Sep 17, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Bypass-trust seems to be no longer feasible for inherited IRA?
Replies: 28
Views: 2079

Re: Bypass-trust seems to be no longer feasible for inherited IRA?

You could leave the IRAs to each other, with a disclaimer trust as backup. That will let the surviving spouse decide after the first spouse dies. A disclaimer trust is essentially a credit shelter (bypass) trust, except the spouse can't have a power of appointment. When the children reach age 27, y...
by JBTX
Thu Sep 17, 2020 12:20 pm
Forum: Investing - Theory, News & General
Topic: EE Bonds and Sequence of Returns Risk
Replies: 56
Views: 4176

Re: EE Bonds and Sequence of Returns Risk

EE bonds are interesting. Hold 20 years and dramatically exceed current treasury bond rates. While there is inflation risk, for every year you hold it, the YTM goes up. So if inflation pops up 5 years, at that point the YTM is higher, maybe around 5%. If there is deflation or negative interest rates...
by JBTX
Thu Sep 17, 2020 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7514
Views: 515104

Re: Refinance Mega Thread

Locked and proceeding on two proposals Provident funding. $140k straight refi. 2.375% 15 year $3000 total fees- no points Loan Depot - $230k cash out refi. 2.25% 15 year $5500 fees. Provident so far has been pretty easy. Everything email or online. They review process is a bit ridiculous. They asked...
by JBTX
Wed Sep 16, 2020 6:09 pm
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 185
Views: 9820

Re: Quicken Disaster!

I've repeatedly said/worried about all these releases. There has been like 20 this year. That doesn't bode well for a mature product IMO. I keep finding bugs even after a gazillion updates. The current mindset in software development is to update all the time. Conceptually, if you have bugs fixed a...
by JBTX
Wed Sep 16, 2020 4:39 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2925

Re: "Refinance" mortgage for a family member @ 2%?

Of course the income is taxable to the OP. But if it were secured by the condo as a mortgage, would it not be deductible for her? No because it’s not acquisition indebtedness. Gill Isn't a refinanced mortgage deductible still, as long as the loan is secured by the property? People refinance all the...
by JBTX
Wed Sep 16, 2020 1:34 pm
Forum: Personal Investments
Topic: "Refinance" mortgage for a family member @ 2%?
Replies: 46
Views: 2925

Re: "Refinance" mortgage for a family member @ 2%?

I suspect the 2% is taxable interest income to you. She won't get a deduction but you will pay taxes. I'd probably talk to a lawyer or attorney to see if there is a better way to structure it.
by JBTX
Wed Sep 16, 2020 12:30 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7335

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

Fidelity too Unfortunately, for Fidelity, if you enable app TOTP 2FA, you have to use it on each login. If you simply use SMS-based 2FA, you can choose to enter it only when logging in from new devices. While I strongly prefer TOTP 2FA, I don't want to have to enter it all the time. Poor (lack of) ...
by JBTX
Wed Sep 16, 2020 12:28 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7335

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

At the risk of being a luddite, how would I use an authenticator like Authy? For what? I don't think they can be used at financial sites. Where could they be used where it actually matters?
by JBTX
Wed Sep 16, 2020 10:36 am
Forum: Investing - Theory, News & General
Topic: Why are Call Options a bad idea?
Replies: 21
Views: 1784

Re: Why are Call Options a bad idea?

While it depends on the strike price, and how much in or out of the money you are, but buying call options is like starting with $1.00, flipping coins 10 times, each flip you either lose the dollar or double your money. In that case there is a much bigger than 50% chance that you will lose your $1.0...
by JBTX
Wed Sep 16, 2020 10:26 am
Forum: Investing - Theory, News & General
Topic: 2020 Hedge Fund contest
Replies: 280
Views: 22806

Re: 2020 Hedge Fund contest

:annoyed :x I hear ya. This is not the year when having a short position is going to help you at all! :sharebeer I wasn't short, I just cashed out too early. I was at 160% gain, and the nearest competitor was about 100% or less. I didn't think there was possibly any way they could catch up. My gut ...
by JBTX
Wed Sep 16, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: 2020 Hedge Fund contest
Replies: 280
Views: 22806

Re: 2020 Hedge Fund contest

:annoyed :x
by JBTX
Wed Sep 16, 2020 12:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7335

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

Fidelity too Unfortunately, for Fidelity, if you enable app TOTP 2FA, you have to use it on each login. If you simply use SMS-based 2FA, you can choose to enter it only when logging in from new devices. While I strongly prefer TOTP 2FA, I don't want to have to enter it all the time. Poor (lack of) ...
by JBTX
Tue Sep 15, 2020 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Which refi would save me more?
Replies: 20
Views: 1206

Re: Which refi would save me more?

My current payment is $860 not including taxes and insurance. And to the person earlier yes I'm rolling the closing cost into the loan. My thing is wouldn't it be whoever offers the lowest monthly payment save me the most regardless of the rate? If you held the mortgage for the entire 15 years yes ...
by JBTX
Mon Sep 14, 2020 4:48 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2197
Views: 233271

Re: [What TV Show Have You Recently Watched?]

Finished "The Shield- an FX cop series about 15 years ago. On Hulu. Same writer as Sons of Anarchy. I liked it, but it has similar flavor to SOA. I was glad to finish it, the end was good but the series was becoming a bit tiring. I should re-watch it, but I imagine watching "The Shield" now is a lo...
by JBTX
Mon Sep 14, 2020 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Systematic Way to Determine if Refinancing a Mortgage Is Worth It?
Replies: 9
Views: 791

Re: Systematic Way to Determine if Refinancing a Mortgage Is Worth It?

I like this yardstick. “If you can make back the cost of the refinance in 30 months or less, you should do it,” Clark says. “It just makes financial sense. That’s the trigger.” https://clark.com/homes-real-estate/clark-howard-breakeven-rule-refinancing-mortgage/ Basically, the savings on interest n...
by JBTX
Sun Sep 13, 2020 7:00 pm
Forum: Personal Investments
Topic: Can I retire in 4 years?
Replies: 17
Views: 4008

Re: Can I retire in 4 years?

Seems like you are in pretty good shape. is the pension inflation adjusted? Are you sure you only spend $65k per year? At 32% that is over $320k gross income. If you are only spending $65k currently seems like you'd be saving $100k-$150k per year, which would leave you more than $1.0 million, but p...
by JBTX
Sun Sep 13, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2197
Views: 233271

Re: [What TV Show Have You Recently Watched?]

Finished "The Shield- an FX cop series about 15 years ago. On Hulu. Same writer as Sons of Anarchy. I liked it, but it has similar flavor to SOA. I was glad to finish it, the end was good but the series was becoming a bit tiring. Watched "Young Wallendar" on Netflix. Only one season out A rookie Wal...
by JBTX
Sun Sep 13, 2020 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Systematic Way to Determine if Refinancing a Mortgage Is Worth It?
Replies: 9
Views: 791

Re: Systematic Way to Determine if Refinancing a Mortgage Is Worth It?

Systematic Way to Determine if Refinancing a Mortgage Is Worth It Can anyone suggest a systematic, mathematical way to determine if it's worth it to refinance a mortgage? In my case, I have a $60,700 loan balance (for a small apartment in a cooperative complex). The term of the loan was originally ...
by JBTX
Sun Sep 13, 2020 11:48 am
Forum: Personal Finance (Not Investing)
Topic: is it time to pay off my 2.375% mortgage?
Replies: 39
Views: 3645

Re: is it time to pay off my 2.375% mortgage?

No I wouldn't payoff a 2.375%.
by JBTX
Sun Sep 13, 2020 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 167
Views: 14671

Re: Paying off sub 4% mortgage interest rate early

Refinancing 3.25% to 2.375% 15 year modest sized mortgage.
by JBTX
Sun Sep 13, 2020 10:24 am
Forum: Personal Consumer Issues
Topic: PSA: Check your prescription refill price
Replies: 9
Views: 1227

Re: PSA: Check your prescription refill price

Chinese meds are slow getting here... mine are mostly from India. My plan mail to home service has been unable to get one of my maintenance Rx for several months. Their customer service recommends I call around to pharmacies to see if its available. The copay from the pharmacy is 3x or more than th...
by JBTX
Sat Sep 12, 2020 7:31 pm
Forum: Investing - Theory, News & General
Topic: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?
Replies: 54
Views: 4019

Re: Irrational Exuberance- Is completely ignoring all external signals (p/e) and auto-investing monthly ever a bad idea?

Firstly, I consider myself a boglehead investor. I auto invest monthly in low cost index funds. Mid-30's with a equity/fixed allocation of 75/30. 50% US equities, 25% emerging, 25% developed (that works for me.) Very large emergency fund. I understand the general value of "don't try to time the mar...
by JBTX
Sat Sep 12, 2020 7:25 pm
Forum: Personal Consumer Issues
Topic: PSA: Check your prescription refill price
Replies: 9
Views: 1227

Re: PSA: Check your prescription refill price

Chinese meds are slow getting here... mine are mostly from India. My plan mail to home service has been unable to get one of my maintenance Rx for several months. Their customer service recommends I call around to pharmacies to see if its available. The copay from the pharmacy is 3x or more than th...
by JBTX
Sat Sep 12, 2020 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advisor
Replies: 45
Views: 4929

Re: Would you fire your financial advisor for this error?

My mother, a widowed retiree, has her investments managed by a relatively low cost advisor who uses index funds/passively managed ETFs. Although the advisor is mentioned only infrequently on this forum, I have not read anything bad about this advisor, who charges her about 50 basis points per year ...
by JBTX
Sat Sep 12, 2020 6:53 pm
Forum: Personal Investments
Topic: Can I retire in 4 years?
Replies: 17
Views: 4008

Re: Can I retire in 4 years?

Seems like you are in pretty good shape. is the pension inflation adjusted? Are you sure you only spend $65k per year? At 32% that is over $320k gross income. If you are only spending $65k currently seems like you'd be saving $100k-$150k per year, which would leave you more than $1.0 million, but pe...
by JBTX
Sat Sep 12, 2020 5:16 pm
Forum: Personal Investments
Topic: Any reason not to combine your 401K when changing employers?
Replies: 34
Views: 2861

Re: Any reason not to combine your 401K when changing employers?

Terrible idea. Consolidate into one place. Cognitive decline can happen suddenly. Make it easy for the next person managing your affairs. There is really nothing to managing an old 401k invested in targrt date funds. If you were dead set on doing a 3 fund across your entire portfolio then merging i...
by JBTX
Sat Sep 12, 2020 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7514
Views: 515104

Re: Refinance Mega Thread

I'm so confused seeing all these posts by people getting no costs refis (A+B+C+E=0) at rates well under 3%. I haven't been able to find anything approaching a deal like that, and I'm getting quotes from all the recommended lenders in this thread (Better, LenderFi, LoanCabin, LoanDepot). I'm seeing ...