Search found 3842 matches

by BrandonBogle
Mon Apr 19, 2021 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

I'd estimate that I spent 10 hours total on my last refi, spread over five weeks. I'm not in the habit of picking up coins on the sidewalk, but I'll still take $450 an hour. :greedy I spent substantially more hours spread over 6 months for mine. I'd still do it all over again, but the wasted time d...
by BrandonBogle
Fri Apr 16, 2021 6:55 am
Forum: Investing - Theory, News & General
Topic: 2021 I Bonds: what's your plan?
Replies: 204
Views: 24513

Re: 2021 I Bonds: what's your plan?

Anyone interested in I-Bonds should be aware of TD Terms regarding account hacks or losses due to negligence if it ever occurs. This thread is has a good discussion: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=225415 People are complaining about having to get signature guarantees just...
by BrandonBogle
Fri Apr 16, 2021 12:02 am
Forum: Investing - Theory, News & General
Topic: 2021 I Bonds: what's your plan?
Replies: 204
Views: 24513

Re: 2021 I Bonds: what's your plan?

Anyone interested in I-Bonds should be aware of TD Terms regarding account hacks or losses due to negligence if it ever occurs. This thread is has a good discussion: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=225415 People are complaining about having to get signature guarantees just...
by BrandonBogle
Tue Apr 13, 2021 6:04 pm
Forum: Investing - Theory, News & General
Topic: 2021 I Bonds: what's your plan?
Replies: 204
Views: 24513

Re: 2021 I Bonds: what's your plan?

No intention to prepay my mortgage. Just a comparison saying no better alternative. Because the funds will be earmarked as a 2nd tier EF, there is a chance I may redeem them "early" or not for 30 years... So then it really comes down to 1.68% will be higher or lower than the final partial...
by BrandonBogle
Tue Apr 13, 2021 5:50 pm
Forum: Investing - Theory, News & General
Topic: 2021 I Bonds: what's your plan?
Replies: 204
Views: 24513

Re: 2021 I Bonds: what's your plan?

So if I'm following... Purchase in April - 1st 6 months @ 1.68%, in October 2nd 6 months @ 3.53% , next April 3rd 6 months @ <whatever Nov. rates are> Purchase in May - 1st 6 months @ 3.53% , in November 2nd 6 months @ <whatever Nov. rates are> , next May 3rd 6 months @ <whatever next May> If I did...
by BrandonBogle
Tue Apr 13, 2021 5:09 pm
Forum: Investing - Theory, News & General
Topic: 2021 I Bonds: what's your plan?
Replies: 204
Views: 24513

Re: 2021 I Bonds: what's your plan?

If you are relatively sure you won’t need to withdraw the funds for at least 18 months, then I see no penalty in ensuring you at least get today 1.68% for 6 months. Now if you already are getting higher than that where the funds are sitting, then perhaps it is worth it to wait. I also want to buy m...
by BrandonBogle
Tue Apr 13, 2021 3:24 pm
Forum: Investing - Theory, News & General
Topic: 2021 I Bonds: what's your plan?
Replies: 204
Views: 24513

Re: 2021 I Bonds: what's your plan?

I am planning to buy at the end of May. Although I take the risk that the variable rate will be lower than 1.68% in November, missing out on a whole 6 months of 1.68% if I had bought at the end of this month. Any thoughts on whether to buy in April or May? When in doubt, split. Anyway, if you plan ...
by BrandonBogle
Sun Apr 11, 2021 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Broker 3rd degree over every retirement withdrawal?
Replies: 61
Views: 7137

Re: Broker 3rd degree over every retirement withdrawal?

You may wish to consider leaving most of the 401k where it is if your state does not offer ERISA level protections (i.e. 100% protection from all but the IRS and a divorcing spouse) for IRA assets. If it does (and any future states you may move to do as well), than I would just roll it all over to ...
by BrandonBogle
Sun Apr 11, 2021 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Can anyone care to take a look at my original LE and compare it to my most recent LE (Pre Disclosure LE 4/7/21)? I just noticed that the section regarding "Rate Locked" is checked "NO". Should that be a concern? My Loan representative said that "Everything is fine...calm do...
by BrandonBogle
Thu Apr 08, 2021 12:33 am
Forum: Personal Consumer Issues
Topic: What are the longest lasting double pane windows?
Replies: 8
Views: 1990

Re: What are the longest lasting double pane windows?

I've found some vinyl window forum websites that were helpful in my search for replacement windows. One was replacement-windows.com. The regulars there recommended Softlite, Okna, Sunrise among their favorite high quality vinyl window manufacturers. I ended up buying the softlite imperial ls line a...
by BrandonBogle
Thu Apr 01, 2021 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 790
Views: 176068

Re: Bank of America/Merrill Edge - Preferred Rewards

So I found the quote re 90 days of BoA checking account being OPEN to get ANY Preferred Rewards (vs the description here suggesting someone would get Preferred Rewards right away if they have $20k average 30 day balance) in another thread: W.r.t. membership vs. balance, it seems that for the Merril...
by BrandonBogle
Thu Apr 01, 2021 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

My lessons: 1. Do not Refi w/ PenFed if you are not solely W2 income - only work w/ sophisticated lenders who understand that other types of income exist I have to second this. PenFed is a very conservative lender with a very “rigid” underwriting team. I’ve done three mortgages with them and while ...
by BrandonBogle
Wed Mar 31, 2021 4:25 pm
Forum: Investing - Theory, News & General
Topic: Where is the I-Bond Serial Number?
Replies: 3
Views: 311

Re: Where is the I-Bond Serial Number?

jeffyscott wrote: Wed Mar 31, 2021 4:23 pm It's the large print numbers on lower right. Just ask Google and you'll see lots of labeled images.
Doh! :oops: I searched and clicked on the first 7 links, reading those pages and clicking through the TD site. I hadn't thought to do an Image Search though vs. following links.

Thank you!
by BrandonBogle
Wed Mar 31, 2021 4:13 pm
Forum: Investing - Theory, News & General
Topic: Where is the I-Bond Serial Number?
Replies: 3
Views: 311

Where is the I-Bond Serial Number?

This is my first year getting I-Bonds as part of my tax return. I want to go through the process on TreasuryDirect to convert them to electronic form, but I am stuck on the serial number. Nothing clearly tells me which of the items in the bottom right is the serial number, though all are similar to ...
by BrandonBogle
Wed Mar 31, 2021 10:02 am
Forum: Personal Finance (Not Investing)
Topic: When Credit Card Fraud Happens Stay on Top of It!
Replies: 52
Views: 4998

Re: When Credit Card Fraud Happens Stay on Top of It!

One interesting feature: Amex can independently block the mag stripe and Apple Pay/NFC, so I was able to keep using it at Apple Pay terminals until the new physical card arrived. Chase had no such ability. That is actually the intended setup for Apple Pay. The phone and even watch have unique card ...
by BrandonBogle
Tue Mar 30, 2021 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

For anyone who is ever worried about servicing transfer, the best option is to then opt out of an escrow account (if available) when refinancing. That’s not the only area that something can go wrong, but maybe 85%+ of problems people complain about servicing involves the handling of the escrow accou...
by BrandonBogle
Mon Mar 29, 2021 10:33 pm
Forum: Personal Consumer Issues
Topic: Solar...what am I missing?
Replies: 109
Views: 8237

Re: Solar...what am I missing?

... seems like a pretty disorganized situation. Which, again, I'm sure is because they've probably become inundated due to the coming big drop in the federal credit. Perhaps, but 20 months from the next drop in the federal credit does quite feel right to say “coming big drop”. They could though fee...
by BrandonBogle
Mon Mar 29, 2021 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Bank of America/Merrill Edge - Preferred Rewards
Replies: 790
Views: 176068

Re: Bank of America/Merrill Edge - Preferred Rewards

I’m new to the Merrill Edge /Bank of America ecosystem and opened accounts to get Preferred Rewards / Platinum Honors and a bonus. I notice that my Merrill Edge and BofA accounts both suggest linking the online accounts, but I have not done this yet. Is this (i) necessary/helpful to qualify for Pre...
by BrandonBogle
Sun Mar 28, 2021 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

I'm just starting my refinance process on a loan of around $540k with valuation of around 1.05 MM. I'd like to do my due diligence but this thread is daunting. Can someone point me to a few resources I can read so I can get familiar with the terminology and idea of how to get the best rate? The las...
by BrandonBogle
Sun Mar 28, 2021 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan at .9%?
Replies: 70
Views: 4688

Re: Car Loan at .9%?

Because the people who buy used EVs don’t make enough money to benefit from the $7,500 tax credit on a new one. Used 2019 Honda Clarity for $26k: https://www.carmax.com/car/20089486 New 2021 model for $28k - $7.5k tax credit = $20.5k https://www.autonationhondafremont.com/new/Honda/2021-Honda-Clari...
by BrandonBogle
Sun Mar 28, 2021 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan at .9%?
Replies: 70
Views: 4688

Re: Car Loan at .9%?

Because the people who buy used EVs don’t make enough money to benefit from the $7,500 tax credit on a new one. Used 2019 Honda Clarity for $26k: https://www.carmax.com/car/20089486 New 2021 model for $28k - $7.5k tax credit = $20.5k https://www.autonationhondafremont.com/new/Honda/2021-Honda-Clari...
by BrandonBogle
Sun Mar 28, 2021 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan at .9%?
Replies: 70
Views: 4688

Re: Car Loan at .9%?

Used car prices are sky high. I sold a vehicle to a dealer for above KBB private party value last Sept. I think used prices are even higher now. It cannot be higher than a brand new unless yours is a collector's item. My friend recently got a Honda CR-V that is just 1 year old and looks and feels b...
by BrandonBogle
Fri Mar 26, 2021 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Applied with Provident on 3/10 and just signed the closing documents on 3/26. It was all completely painless and felt lightning fast. I assumed they wouldn't be able to meet their advertised rate or would bog down the process because it was quite a bit lower than anyone else could offer me. Loan: 1...
by BrandonBogle
Fri Mar 26, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan at .9%?
Replies: 70
Views: 4688

Re: Car Loan at .9%?

That rate is more than free money as it's less than inflation, as long as you invest the money you would have paid in cash. However, typically manufacturers add the cost into the price of the vehicle. So as Leesbro63 stated, what's the real price? Is this actually true? Maybe I'm not a great negoti...
by BrandonBogle
Thu Mar 25, 2021 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Home remodels right now
Replies: 12
Views: 1089

Re: Home remodels right now

I suggest you plan to live in the house as is for at least a year before deciding to reno. It's a waste of time and money when you don't really know what's most important to you about the space. I concur with this, as it gives you the chance to settle into the home and pick up on the things you rea...
by BrandonBogle
Wed Mar 24, 2021 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Has anyone ever had any issues with the amount of time Better.com takes to complete the refinance process from start to finish after you lock in the rate and complete all of their requirements? Better.com is offering $910 cash check and zero closing costs vs LenderFi is offering a monthly mortgage ...
by BrandonBogle
Wed Mar 24, 2021 10:15 am
Forum: Personal Consumer Issues
Topic: Air fryers
Replies: 26
Views: 3344

Re: Air fryers

I got a $40 one from Costco with a pretty large capacity and a touchscreen. Absolutely love it. I use it on seasoned chicken thighs (with skin), boneless and skinless chicken breast, chicken wings, salmon, steak tips, brussel sprouts, broccoli (then topped with wing buffalo sauce). French fries I h...
by BrandonBogle
Sun Mar 21, 2021 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Was First Republic your existing lender? If not, that is an incredible deal to only have $1k closing costs in NYC with the mortgage tax. Great job either way! Thanks! My prior loan was with Wells Fargo. Coops can be annoying in many ways, but this is one advantage. Fortunately coop "mortgages&...
by BrandonBogle
Sat Mar 20, 2021 10:57 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 366
Views: 26256

Re: [Third stimulus payment - mega-thread]

Ours is now showing a check is scheduled to be mailed March 26. Good to know, but sad to see our DD information didn't make it into the system in time. I expect we'll get the check sometime in May… :oops: (We filed with a small refund due in February, but IRS has not processed/paid our refund yet) ...
by BrandonBogle
Fri Mar 19, 2021 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

This thread has been incredibly useful and I would like to thank everyone for sharing their experiences. We just closed last night for our NYC coop apt. It was a little tricky since many of the lenders mentioned in this thread either did not lend in NY or did not do coops. 750K loan 68% LTV ~1K clo...
by BrandonBogle
Fri Mar 19, 2021 12:42 pm
Forum: Personal Consumer Issues
Topic: 50 gallon water heater questions
Replies: 70
Views: 4281

Re: 50 gallon water heater questions

I had a tankless water heater installed in my previous home, after the old one was destroyed in a flood. I was miffed that my state didn't offer any efficiency credits for tankless water heaters versus high-efficiency tank-style heaters, but I wanted one anyway. Since the hot water is on-demand, th...
by BrandonBogle
Thu Mar 18, 2021 2:23 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 2870
Views: 456043

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

A Merrill Edge phone rep told me today (3/17) that they're ending all cash reward offers after 4/15. The regular offer (up to $900) is still available until then, and I believe you currently can still get them to give you a custom offer for bringing in new money into an existing account. Do people ...
by BrandonBogle
Thu Mar 18, 2021 1:01 pm
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

Personally, I think it's a waste to buy a Tesla if you're only going to drive it for 60k miles over 10 years. There's a big novelty factor when driving one that wore off on me after a couple months. I immediately started missing luxury/premium features in most other cars over $40k that are surprisi...
by BrandonBogle
Thu Mar 18, 2021 12:20 pm
Forum: Personal Consumer Issues
Topic: 50 gallon water heater questions
Replies: 70
Views: 4281

Re: 50 gallon water heater questions

My 11 year old gas water heater has a leaking pressure release valve. I wonder if I should replace the water heater or just replace the valve? One plumber said that it means that the water heater is going. Friend who does plumbing said to just replace the valve. Amanda My guess is that would depend...
by BrandonBogle
Thu Mar 18, 2021 10:53 am
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

how long do TSLA batteries last? i imagine that would be the major thing that would need to be changed. batteries dont last forever. how much does it cost to replace? $5k? 10k? Certainly much longer than a cell phone battery. Tesla has an 8 year warranty on the battery. That excludes a certain amou...
by BrandonBogle
Wed Mar 17, 2021 8:56 pm
Forum: Personal Consumer Issues
Topic: 50 gallon water heater questions
Replies: 70
Views: 4281

Re: 50 gallon water heater questions

I would recommend checking/replacing the anode every 3 years or so. I went 8 years without checking mine and when I pulled it out, it was almost completely eaten away. I suspect that I did end up with some damage to the tank, so far it hasn't been an issue.
by BrandonBogle
Wed Mar 17, 2021 4:49 pm
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

I'm a little over 6 yrs into my Model S ownership. My max miles on purchase was 253. I think its fallen all the way to 246 or so. Do you think I should get a replacement? I don’t follow the Tesla forums much any more, but I think this battery replacement thing is a FUD topic only for for people who...
by BrandonBogle
Wed Mar 17, 2021 3:04 pm
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

My Model S (Jan 2015) drives and looks like brand new. I have about 52k miles on it. I've replaced both screens due to known defects with the originals and my main computer unit was upgraded to the second generation one. I had the extended warranty and my cost was $200. I also had to replace my win...
by BrandonBogle
Wed Mar 17, 2021 8:09 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 366
Views: 26256

Re: Received 3rd stimulus check 3/12/21

LTCM wrote: Wed Mar 17, 2021 7:51 am For me, my 2 living children and my child who died in 2020.
My condolences LTCM. I cannot even imagine what it is like to lose your son, especially so early in life.
by BrandonBogle
Tue Mar 16, 2021 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Having a hard time with my refinance with Better.com, they had a glitch which somehow had my home address somewhere in california even though i live in NJ, which took them a week to straighten out. my rate lock expires on the 22nd and loan is still in underwriting, so i'm nervous lock will expire a...
by BrandonBogle
Tue Mar 16, 2021 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Got the committee approval for our refi with the local credit union today. 30y at 2.875 from a 4.25, $88,000 loan, house appraised for 115,000. Will be able to drop the escrow account and PMI, lowering the monthly P&I payment from 477 to 370. Closing costs are only $1,500. They said we should b...
by BrandonBogle
Tue Mar 16, 2021 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Cash out refinance?
Replies: 39
Views: 2204

Re: Cash out refinance?

I’m sorry, but I wholeheartedly disagree with this reply. Others have pointed out that one need not pay the new minimum payment and any reduction in rate over the hassle of the paperwork is worthwhile (for me, that 0.25%) when no costs are involved. That all said, cash-out refis typically have wors...
by BrandonBogle
Tue Mar 16, 2021 12:13 pm
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

As I alluded to above, Tesla may stop doing updates to older cars or at least all updates. They may not have the sensors/hardware for some features. They may not have enough CPU power or memory for new features that could come. They may pull an Apple and just want you to buy a new car. They might s...
by BrandonBogle
Tue Mar 16, 2021 12:05 pm
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

My early 2013 Model S has 96,000 miles on it. When new, it had 265 miles (on paper) rated range. Nowadays, I get 253 miles on a full charge. My screen was initially changed while under warranty (at the very end of it). Just recently the memory card (eMMC) was replaced. Other than a battery replacem...
by BrandonBogle
Tue Mar 16, 2021 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Cash out refinance?
Replies: 39
Views: 2204

Re: Cash out refinance?

Your current payment is $1,951.07 and you've likely paid around $21k in interest. Total interest = $66,192.47 New loan would be $1,607.62/mo Total interest= $39,371.75 $66-$21 = 45k in interest left on current loan over the next 10 years. So, the new loan would be less total interest . But, you'd h...
by BrandonBogle
Mon Mar 15, 2021 9:41 pm
Forum: Personal Consumer Issues
Topic: Tesla for people that keep cars a long time
Replies: 147
Views: 11246

Re: Tesla for people that keep cars a long time

There are still a decent number of 2013 Model S cars running around. On the even older original Roadsters, Tesla actually supports an upgraded battery pack. I wouldn't worry too much about a 10 year ownership period. Only downside is if something happens out of warranty, Tesla has a monopoly on cer...
by BrandonBogle
Sat Mar 13, 2021 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 366
Views: 26256

Re: Received 3rd stimulus check 3/12/21

That's kind of crazy. Makes you realize money is just numbers on a ledger somewhere. Soooo why do inter bank transfers take 3-4 days? :shock: Using the wrong bank? Mine typically land the day after I send. There are more variables than I think folks are considering. For one, a key point is when fun...
by BrandonBogle
Fri Mar 12, 2021 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Would love feedback on my refinance options. ... Existing Loan: 103,000 on 30 year fixed @ 4.125 / 22 years left / Great Credit / LTV 38% Better Offered: 3.125%/3.224%APR at 1,759 closing costs, inclusive of $263 credits; $720/month Obviously increases my monthly payment a bit but I can afford that...
by BrandonBogle
Fri Mar 12, 2021 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

Would love feedback on my refinance options. ... Existing Loan: 103,000 on 30 year fixed @ 4.125 / 22 years left / Great Credit / LTV 38% Better Offered: 3.125%/3.224%APR at 1,759 closing costs, inclusive of $263 credits; $720/month Obviously increases my monthly payment a bit but I can afford that...
by BrandonBogle
Fri Mar 12, 2021 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10234
Views: 735967

Re: Refinance Mega Thread

PNC is his current lender and they sent him a 20-year refi at 3.250 at 0.050 points and an $1100 origination fee. His monthly goes up about $50. But he's not sure he'll be there for 20 years, let alone 30. He's applied online with Better and LenderFi. Both came back with origination fees (and he ha...