|
|
|
|
Thread Tools | Display Modes |
06-04-2020, 02:23 PM | #8751 | |
Scooby Specialist
Member#: 31519
Join Date: Jan 2003
Chapter/Region:
MWSOC
Location: Glenview, IL
Vehicle:2022 Oversized Load 2020 Lotus Evora GT |
Quote:
* Registered users of the site do not see these ads.
|
|
06-04-2020, 03:49 PM | #8752 |
Scooby Newbie
Member#: 273629
Join Date: Feb 2011
|
All the HYSA's seem to follow each other pretty closely, Discover is at 1.15% too. That still means >$100.00/mo in interest for us, but it's definitely getting meager, if it ends up not keeping up with inflation anymore I'd have to potentially look at other options, though admittedly, they don't look good either.
|
06-04-2020, 11:48 PM | #8753 |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
|
A month later and those loans have now reset to 0.18% (!), and I've paid off about $6,544 in principal. Refinancing the mortgage will help up that principal a bit more yet.
|
06-05-2020, 01:56 PM | #8754 |
Scooby Newbie
Member#: 88456
Join Date: Jun 2005
Chapter/Region:
South East
Location: Winter Park, FL
Vehicle:2016 GT4 CWM |
Just gave Vanguard's Digital Advisor some money to play around with. Curious to see how it does. Anybody have any experience with it? Seems most here use Betterment...?
Also getting an itchy trigger finger to gamble a little with some of these extra funds laying around, but need a better idea of what to do with my money... But, was too gun-shy yesterday to buy F at 6.38. Sorry for all the gun puns, not intentional. |
06-05-2020, 02:03 PM | #8755 |
Scooby Specialist
Member#: 22218
Join Date: Jul 2002
Chapter/Region:
South East
Location: University of Florida
|
Not familiar with Digital Advisor but it sounds like it's something like Betterment. Full_Clip is a similar situation. Full_Clip received a healthcare "Covid Bonus" from his employer (New York Presbyterian Hospital) to the tune of $2500. Will probably just bank that for moving expenses.
chris619 dr_wheel Full_Clip is glad to be having somewhat of a normal schedule. |
06-05-2020, 02:29 PM | #8756 |
Scooby Guru
Member#: 178811
Join Date: Apr 2008
Chapter/Region:
MAIC
Location: MoCo
Vehicle:2011 White Corolla Over 400hp |
I don’t think Vanguard’s robo service performs TLH so I’ve ignored it.
|
06-05-2020, 02:36 PM | #8757 | |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
|
Quote:
https://www.nerdwallet.com/blog/inve...t-vs-vanguard/ I don't get why access to a person is necessary for these services. Give me a good web interface and I'm happy enough. |
|
06-05-2020, 02:40 PM | #8758 | |
Scooby Specialist
Member#: 31519
Join Date: Jan 2003
Chapter/Region:
MWSOC
Location: Glenview, IL
Vehicle:2022 Oversized Load 2020 Lotus Evora GT |
Quote:
|
|
06-05-2020, 05:51 PM | #8759 |
Scooby Guru
Member#: 16840
Join Date: Mar 2002
Location: CO
Vehicle:17 4Runner |
My Robinhood account is +43% since March. Happy with that - has some losses on some options, some gains on options, and just sold delta shares today for $37.76 that my average buy was $21.17. Watching those because I’ll likely rebuy again if they drop.
|
06-05-2020, 11:39 PM | #8760 |
Scooby Newbie
Member#: 152718
Join Date: Jun 2007
Chapter/Region:
South East
Location: Huntsville, AL
Vehicle:2019 GTI White |
I need to start getting ready to invest more seriously. My wife should get her promotion in June, and when that happens we should be able to get our non-mortgage debt cleaned up in under a year. When that happens I want to start hitting the retirement prep really hard.
|
06-06-2020, 01:08 AM | #8761 |
Scooby Guru
Member#: 178811
Join Date: Apr 2008
Chapter/Region:
MAIC
Location: MoCo
Vehicle:2011 White Corolla Over 400hp |
What are you saving pretax towards retirement?
Edit: can’t math, numbers removed Last edited by OrbitalEllipses; 06-06-2020 at 01:17 AM. |
06-06-2020, 01:28 AM | #8762 |
Scooby Newbie
Member#: 152718
Join Date: Jun 2007
Chapter/Region:
South East
Location: Huntsville, AL
Vehicle:2019 GTI White |
I think I'm at 12-13% currently going to my govt 401k. 5% to traditional, the rest to Roth. Also, a few hundred a paycheck going to my pension.
|
06-06-2020, 12:36 PM | #8763 |
Scooby Newbie
Member#: 171486
Join Date: Feb 2008
Chapter/Region:
International
Location: Hiding from The Google
Vehicle:2019 911 GTS Silver |
|
06-06-2020, 01:50 PM | #8764 | |
Scooby Guru
Member#: 178811
Join Date: Apr 2008
Chapter/Region:
MAIC
Location: MoCo
Vehicle:2011 White Corolla Over 400hp |
Quote:
We're ~25% collectively, but we have no major debt because we're not landed aristocracy. Well thank you. |
|
06-06-2020, 02:10 PM | #8765 |
Scooby Newbie
Member#: 167468
Join Date: Dec 2007
Chapter/Region:
TXIC
Location: H-Town
Vehicle:2004 STI White-ish |
With respect to retirement savings rates:
Life isn't one size flts all, but the Pollack 3x5 is generally very good advice. |
06-06-2020, 05:36 PM | #8766 |
Add Lightness
Moderator Member#: 13699
Join Date: Dec 2001
Chapter/Region:
NESIC
Location: Hopkinton, MA
Vehicle:2021 Building It Better |
The wife's new job just opened the 401k info for her. I did the maths and told her what the contribution will be. 67%. She sent in the form. Got an email back from the finance person asking "did you really mean to put 67%?". She forwarded that to me and I responded to just say yes.
|
06-06-2020, 05:51 PM | #8767 |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
|
Your wife makes 3/2 of the employee contribution limit?
|
06-06-2020, 06:01 PM | #8768 |
Scooby Newbie
Member#: 250302
Join Date: Jun 2010
Chapter/Region:
MWSOC
Location: Shawnee, KS
Vehicle:2012 WRX Hatch Lightning Red |
Has anybody heard of or used Consumer Credit Union? I was searching for a HYSA and a bank that also offers interest on a checking account. They offer up to 4.09% (when requirements are met) on up to $10k on checking accounts. They have an HYSA that is 1.5%. Looks like they also work with local credit unions as CO-OP branches.
|
06-06-2020, 06:15 PM | #8769 |
Scooby Guru
Member#: 92634
Join Date: Aug 2005
Chapter/Region:
RMIC
|
12 debit transactions, $500 direct deposit, $1000 visa spend, all per month.
If this fits your patterns then you can earn a few bucks but this seems rather a pain in the ass. |
06-06-2020, 08:14 PM | #8770 |
Scooby Newbie
Member#: 152718
Join Date: Jun 2007
Chapter/Region:
South East
Location: Huntsville, AL
Vehicle:2019 GTI White |
Yeah, we've been doing just ok with contributions. Once we're both 13's there's going to be a definite upturn. We could be doing significantly better if we'd sold our California house instead of renting it out at under market value to family, but here we are.
|
06-06-2020, 08:17 PM | #8771 | |
Scooby Guru
Member#: 204578
Join Date: Mar 2009
Location: I'll see myself out
|
Quote:
I've bought a few cars with these guys... https://www.myconsumers.org/bank/acc...ls/how-to-join No complaints sans sucking at not losing titles. But I've had that experience elsewhere too. |
|
06-06-2020, 08:25 PM | #8772 |
Scooby Specialist
Member#: 79498
Join Date: Jan 2005
Chapter/Region:
SWIC
Location: Disdain, NV
Vehicle:2020 XV |
|
06-07-2020, 08:21 AM | #8773 | ||
Scooby Newbie
Member#: 250302
Join Date: Jun 2010
Chapter/Region:
MWSOC
Location: Shawnee, KS
Vehicle:2012 WRX Hatch Lightning Red |
Quote:
Yes, those guys. Quote:
I missed the 12 debit card transactions. That would make it a pain. |
||
06-09-2020, 08:15 AM | #8774 |
Scooby Newbie
Member#: 155207
Join Date: Jul 2007
Chapter/Region:
Tri-State
Location: Bad things happen in Philly
Vehicle:2020 MDX 2022 Odyssey |
Because I am bored and these are always fun.
About 10-11 months emergency fund in HYS earning a little more than 1% About 3 months expenses in checking earning 0% HVAC financing $14,000 0% (about 4.5 years left) Car loan $8,600 @ 3.74% Mortgage $89,000 @ 5% Potentially looking at moving within the next 2-3 years. I would be using equity in home for down payment on new house. Not using any money from savings/checking/taxable investments. Probably 50% chance we move. Possibly looking at replacing family SUV as well (paid off). Would be financing $25-30K on the new vehicle if we go that route. Not using any money from savings/checking for down payment, just trade in value of current vehicle. Probably 25% chance of this happening. My thought is to pay off the car note @ 3.74%? WWOT do? Last edited by .brian.; 06-09-2020 at 08:35 AM. |
06-09-2020, 08:38 AM | #8775 | |
Scooby Newbie
Member#: 250302
Join Date: Jun 2010
Chapter/Region:
MWSOC
Location: Shawnee, KS
Vehicle:2012 WRX Hatch Lightning Red |
Quote:
Have you looked into refinancing your mortgage to a lower rate? Not sure if a bank would do that with a principal balance under $100k. I would pay off the car note then put the extra on the mortgage. Or split the extra between mortgage and savings/retirement. |
|
Thread Tools | |
Display Modes | |
|
|