Search found 293 matches

by chipperd
Sun Nov 04, 2012 5:56 am
Forum: Personal Finance (Not Investing)
Topic: looking to switch banks
Replies: 14
Views: 1374

looking to switch banks

Hello all bogleheads, Looking forward to some guidance on the following: Been looking online to switch our online checking account to a bank/institution that offers checking with no fees and am a bit anxious about the "online only" banks, although they seem to offer some of the best options. Some in...
by chipperd
Wed Oct 03, 2012 5:38 am
Forum: Investing - Help with Personal Investments
Topic: Prepay loans or invest in taxable?
Replies: 26
Views: 1903

Re: Prepay loans or invest in taxable?

my wife and i are thinking of refinancing and since you have 30 years left it seems you may have recently financed. We would love to find out where you got that great rate! thanks
by chipperd
Wed Jul 25, 2012 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: highest cd rates?
Replies: 19
Views: 4100

Re: highest cd rates?

thanks all. very helpful as usual.
by chipperd
Wed Jul 25, 2012 4:54 am
Forum: Personal Finance (Not Investing)
Topic: highest cd rates?
Replies: 19
Views: 4100

highest cd rates?

Hi all,
While I don't post much, I follow and respect the bogleheads daily and am wondering where this group has found the highest cd rates of late?
Thanks
by chipperd
Wed Jun 27, 2012 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Agent NOT Letting Me To View a House!
Replies: 34
Views: 6918

Re: Real Estate Agent NOT Letting Me To View a House!

anyone who sells their home for more than asking price most likely had an agent who misjudged the market
by chipperd
Wed Jun 13, 2012 4:54 am
Forum: Personal Finance (Not Investing)
Topic: Lending Clubs
Replies: 39
Views: 4119

Re: Lending Clubs

I have been with "Lending Club" with the minimum investment ($500) since the start of the year. No defaults or late payments yet. Have 21 loans. One paid off early. No concerns or issues yet, but plan to stay at the minimum for at least a year to see how things go. Stuck with conservative loans (All...
by chipperd
Wed May 02, 2012 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Not your regular retirement questions
Replies: 58
Views: 7722

Re: Not your regular retirement questions

First, congrats on your financial success. As a dad of three who are just a few years older than yours, I also believe that time with your kids now would give you the most satisfaction now and "pay off" later. No way I would trade 40-50 hours per week for about $30/hour if I had your nest egg. Also,...
by chipperd
Sun Apr 01, 2012 6:18 am
Forum: Personal Consumer Issues
Topic: Montessori or Not
Replies: 42
Views: 3101

Re: Montessori or Not

Before I offer my two cents, and this might not be appropriate for me to know, as a parent I would want to consider the reason that your child was not accepted last year. Sometimes, the school that declines a student may not feel they are a good fit. Given that they are the "experts" on what happens...
by chipperd
Sat Feb 18, 2012 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Spender V Saver 4: What's "Our Number"?
Replies: 75
Views: 6585

Re: Spender V Saver 4: What's "Our Number"?

back at it eh?
i believe your questions were answered in prior posts, so as to minimize "hot air" I won't answer again.
best of luck
by chipperd
Mon Feb 13, 2012 11:23 am
Forum: Personal Finance (Not Investing)
Topic: SmartMoney's life insurancecalculations - what do you think?
Replies: 22
Views: 1386

Re: SmartMoney's life insurancecalculations - what do you th

I plugged in the numbers.
on an annualy 1 million $ deposit, need to early 3.52% compounded annually to reach 20 million at year 15.
Couldn't plug in months for some reason. Seems attainable.
by chipperd
Thu Feb 09, 2012 6:16 am
Forum: Personal Finance (Not Investing)
Topic: Amex Blue Preferred 6% back on groceries
Replies: 21
Views: 3974

Re: Amex Blue Preferred 6% back on groceries

Do you happen to know the annual max cash back with this card?
by chipperd
Wed Feb 08, 2012 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: IBonds vs. CD vs. alternative investment
Replies: 6
Views: 2618

Re: IBonds vs. CD vs. alternative investment

Thanks for the feedback. I think (I will check) that she is focused on the 1-2 year range b/c she is hopeful rates will improve. I would think 2.76%-penalty for w/draw would be better then what she is finding. I have had the risk conversation and she is aware of the risk of not taking risk, but than...
by chipperd
Tue Feb 07, 2012 7:17 am
Forum: Investing - Help with Personal Investments
Topic: IBonds vs. CD vs. alternative investment
Replies: 6
Views: 2618

Re: IBonds vs. CD vs. alternative investment

Thanks Carl53.
5 years under 2%? Wow. I haven't looked around, but if that's the best rate for 5 years, after inflation really losing ground.
What about tax free munis? Any thoughts?
by chipperd
Tue Feb 07, 2012 4:49 am
Forum: Investing - Help with Personal Investments
Topic: IBonds vs. CD vs. alternative investment
Replies: 6
Views: 2618

IBonds vs. CD vs. alternative investment

Hello all, Been on Boggleheads for a few months and have really come to respect the opinions and advice of the readership and am looking for some assistance for my retired mom. She is a very conservative, retired educator who has a CD coming due at the end of Feb, 2012 in the amount of roughly $50k....
by chipperd
Tue Jan 31, 2012 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Building home in good school neighbourhood vs private school
Replies: 68
Views: 4324

Re: Building home in good school neighbourhood vs private sc

Tough decision. My wife and I have three children and we went through this decision/debate as well. As a clinical consultant to public schools for over 20 years, and one who has maintained a private practice, I have seen the "inside" of the public schools and the "outside" of private schools through...
by chipperd
Sun Jan 29, 2012 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Short-Term Bond Index Fund Investor Shares vs. CD
Replies: 26
Views: 4031

Re: Vanguard Short-Term Bond Index Fund Investor Shares vs.

We use the VMLTX(Limited Term Tax Exempt) which currently yields .75% with full liquidity. Depends on your income/tax level and need for liquidity over those two years.
2% CD over two years sounds great, even if you have to sacrifice a few months interest to pull out your $ early.
by chipperd
Wed Jan 25, 2012 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 10278

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Three seperate, lengthy posts filled with ideas. I have nothing more to add except good luck.
by chipperd
Wed Jan 25, 2012 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 10278

Re: Saver V Spender 3: Fine-tuning & Negotiations.

whew, a lot of info. I read somewhere in the information that you both agree or you feel there are trust issues in the relationship yet she, a sahm, won't set aside one hour per week for counseling? I don't get it. Not to disrespect sahm/d (i was a sahd for a decade) where we spend our money and tim...
by chipperd
Mon Jan 23, 2012 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Advice on a home purchase
Replies: 12
Views: 1475

Re: Advice on a home purchase

rent. the numbers and potential risk don't seem to work in your favor for this house.
by chipperd
Mon Jan 23, 2012 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 10278

Re: Saver V Spender 3: Fine-tuning & Negotiations.

Would like to hear from the original "poster" regarding some of these comments. To answer Jenny's question, happily married for over 15 years with three kids and yes, a therapist by trade. Not sure why the thinly veiled shot at therapists. Agree with several that the original poster and his wife are...
by chipperd
Sat Jan 21, 2012 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Saver V Spender 3: Fine-tuning & Negotiations.
Replies: 144
Views: 10278

Re: Saver V Spender 3: Fine-tuning & Negotiations.

I think that if you both are are deciding on a budget, which involves facts and figures, then all the facts and figures need to be considered, including the mystery amount your wife receives from her family on a monthly basis. Without this information, an accurate monthly budget could not be determi...
by chipperd
Sat Jan 21, 2012 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Is the 529 the best place to put our $
Replies: 15
Views: 1802

Re: Is the 529 the best place to put our $

My wife and I have 3 children and save via 529 in state plan (CT=CHET) via her bi-weekly pay. Prior to relatively recent in state tax deduction, we went with Iowa's plan due to low costs. We also save for retirement, although don't max out (about 75% of max). Not sure this is the best, but helps us ...
by chipperd
Sat Dec 31, 2011 7:34 am
Forum: Investing - Theory, News & General
Topic: 2011 Returns Thread
Replies: 137
Views: 12968

Re: 2011 Returns Thread

4.1% including home value.
2.4% not including home value

Return on investment in friends and family..... priceless
by chipperd
Fri Dec 09, 2011 4:15 pm
Forum: Personal Consumer Issues
Topic: What's the most overrated book you've read?
Replies: 193
Views: 11192

Re: What's the most overrated book you've read?

Agree with the Ann Rand picks. Don't understand why this has such a hold over some
by chipperd
Fri Dec 09, 2011 4:09 pm
Forum: Personal Consumer Issues
Topic: Favorite Podcasts
Replies: 42
Views: 5239

Re: Favorite Podcasts

WTF podcast
As you can imagine, there is a fair amount of foul language
by chipperd
Thu Nov 24, 2011 6:26 am
Forum: Investing - Help with Personal Investments
Topic: What should I be doing?
Replies: 13
Views: 1071

Re: What should I be doing?

Great idea seeking input on your windfall, which of course turns into the "what do you want to do with your life?" discussion. I am going to assume you are like most your age and that the answer for now is unclear and that you are not willing to pursue my first recommendation at this point, four yea...
by chipperd
Sun Nov 20, 2011 5:54 am
Forum: Personal Consumer Issues
Topic: What was your very first job
Replies: 103
Views: 6411

Re: What was your very first job

Planting strawberries age 12 for $1/hour then upgraded to picking/dragging tobacco age 13 for $2.88/hour or sometimes piecework, i believe was $.33/bent (space between the poles/shade tobacco). both hard, dusty, hot work (summers only).saved up in c.d. during the Carter years (13% interest) and boug...
by chipperd
Sun Nov 20, 2011 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage options
Replies: 3
Views: 442

Re: Mortgage options

We bought a short sale in 2009 and had a benevolent relative loan us the funds at what were then current rates. Relative took out a HELOC on their property and we paid the legal fees and relative/month amoritized over the life of the HELOC. Still have same agreement, but you could build in flexibili...
by chipperd
Tue Nov 15, 2011 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Variable Rate Mortgage?
Replies: 3
Views: 410

Re: Refinance Variable Rate Mortgage?

So, keep current mortgage agreement?
by chipperd
Tue Nov 15, 2011 5:43 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Variable Rate Mortgage?
Replies: 3
Views: 410

Refinance Variable Rate Mortgage?

Hi all. Looking for some input regarding our somewhat unique mortgage situation. We purchased current home 3/2009, a short sale, for 400k. We put down 204k, and through a contract set up by attorney, borrowed the balance from a relative (196k). In order to loan us the money, relative took out a vari...
by chipperd
Mon Nov 14, 2011 1:23 pm
Forum: Personal Consumer Issues
Topic: Standby Generator
Replies: 96
Views: 15486

Re: Standby Generator

I did my research after Irene and consulted with a couple relatives who are electricians, both of whom recommended diesel. Not much more than gas for a portable generator (about $900 vs $750 for comporable gas), with the diesel fuel being safer, lasts longer and the motor much simpler (ie: less to g...
by chipperd
Mon Nov 14, 2011 12:59 pm
Forum: Personal Consumer Issues
Topic: Haircuts
Replies: 57
Views: 4141

Re: Haircuts

Had to do the math; works out to about 21% compounded yearly. Could be my best investment to date
by chipperd
Mon Nov 14, 2011 12:56 pm
Forum: Personal Consumer Issues
Topic: Haircuts
Replies: 57
Views: 4141

Re: Haircuts

Been cutting my own hair with $25 buzzers (on third buzzer) for last 25 yearsx$200/year=$5k-$75=$4925 in savings. Remember that's after tax money folks and I actually enjoy it as it saves time, takes be about 20 minutes including clean up. Don't know if that makes me "cheap" as others have said. Put...
by chipperd
Fri Nov 11, 2011 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Huge windfall, should I pay off house?
Replies: 33
Views: 4238

Re: Huge windfall, should I pay off house?

I agree with the majority here that paying off the home, assuming you like where you live, feel settled, friends gives you more than a financial benefit that you couldn't purchase on the open market in addition to not having that 168k cloud over your head daily.
by chipperd
Fri Nov 11, 2011 7:00 am
Forum: Personal Finance (Not Investing)
Topic: how many hours would you bank?
Replies: 13
Views: 1535

Re: how many hours would you bank?

Since the idea of having banked hours in order to fund/maintain some type of lifestyle, it would seem to me that turning the banked hours into $ as soon as possible would be the goal. Also, having the funds instead of the time gives you control over that asset.
by chipperd
Tue Nov 08, 2011 5:41 am
Forum: Investing - Help with Personal Investments
Topic: Any reason not to rollover SEP IRA to traditional IRA?
Replies: 7
Views: 1013

Re: Any reason not to rollover SEP IRA to traditional IRA?

I like the way romeyo looks at it as well; roll em over
by chipperd
Tue Nov 08, 2011 5:40 am
Forum: Investing - Help with Personal Investments
Topic: Help with Portfolio
Replies: 18
Views: 1014

Re: Help with Portfolio

Hi, After just a brief, and overwhelming, look at what you and your spouse have for investments,I agree that you are paying way to much in annual fees and that you could do much better by looking at a handful of Vanguard Admiral funds and/or Schwab low cost funds (both have expense ratios about 150x...
by chipperd
Thu Oct 27, 2011 6:24 am
Forum: Personal Consumer Issues
Topic: Dishwasher Recommendation
Replies: 54
Views: 4218

Re: Dishwasher Recommendation

Our dishwasher quit unexpectedly. We (wife and I) did some research and wound up going with the bosh that was top rated in consumer reports and it has worked out great. Not cheap, (retails around $900) but we shopped around and lowes price matched at $750, but with install and removal was around $95...
by chipperd
Sat Sep 24, 2011 7:19 am
Forum: Investing - Help with Personal Investments
Topic: portfolio advice
Replies: 9
Views: 806

Thanks for looking out for me. Yes we both have health insurance via her job and then her retirement.
Are you looking for the percentage of what is held in each fund (there are many).
I could provide if you want. Thanks!
by chipperd
Sat Sep 24, 2011 7:00 am
Forum: Investing - Help with Personal Investments
Topic: portfolio advice
Replies: 9
Views: 806

thanks again for your help Landy. We would both like the option to retire before s.security, me at 58 and she at 55. We are both currently estimated at about 17k/yr. each for s.security at age 67. her portfolio, which is part of the above portfolio, has PIMCO bond fund, Vanguard explorer and Vanguar...
by chipperd
Sat Sep 24, 2011 6:35 am
Forum: Investing - Help with Personal Investments
Topic: portfolio advice
Replies: 9
Views: 806

Thanks Landy

yes, we would both qualify for s.security both at about age 67 (me a few months sooner).
if i understand the math equation in our situation, if we are looking for 90k/year before s.security and defined benefit gets us to 45k, i would need to multiply the remaining 45kx25=1,125,000 needed in savings?
by chipperd
Sat Sep 24, 2011 6:18 am
Forum: Investing - Help with Personal Investments
Topic: portfolio advice
Replies: 9
Views: 806

portfolio advice

New here but been with vanguard for a couple decades and been doing things on my own: Looking for input on the following retirement portfoio age: his: 44 hers: 41 debt: owe 165k on 400k home income: 125k/yr joint 6 months emergency funded defined benefit: hers @50% salary (about 45k/yr at age 46) ab...