Search found 18 matches

by climbhigh
Sat Mar 21, 2020 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Why are private student loan rates still high
Replies: 11
Views: 714

Re: Why are private student loan rates still high

Student loans are unsecured. The bank can’t repossess your degree to recoup their loss like they can do with your house if you don’t pay the mortgage. Their ability to make a profit is entirely dependent on your ability to stay employed, which right now is quite uncertain.
by climbhigh
Mon Jun 17, 2019 10:04 am
Forum: Personal Consumer Issues
Topic: Recommendation for light beer.
Replies: 41
Views: 3429

Re: Recommendation for light beer.

Your issue is the alcohol itself. One gram of alcohol is 7 calories, and a “standard” alcoholic drink has 14 grams of alcohol (e.g. 12 ounces of 5% beer), which is 98 calories per drink. And that’s just the alcohol.
by climbhigh
Sun Apr 21, 2019 11:39 pm
Forum: Personal Consumer Issues
Topic: PODS or similar services for moving lots of boxes?
Replies: 12
Views: 1371

Re: PODS or similar services for moving lots of boxes?

I’ve used U-Haul Ubox containers before and would highly recommend them. They are a bit smaller than the smallest Pod which is nice if you don’t have that much stuff. But for me it was significantly cheaper than Pods or ABF. What I like is that you can pick up the Ubox at your local U-Haul store and...
by climbhigh
Wed Sep 26, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: First-time victim of credit card fraud
Replies: 48
Views: 4455

Re: First-time victim of credit card fraud

djpeteski wrote: Wed Sep 26, 2018 1:04 pm All they care about is getting a new card in your hand as fast as possible.
I had fraudulent charges on a card two weeks ago. Called Chase at 3pm and they had a new card on my front doorstep by 12 noon the following day (at no cost to me)!
by climbhigh
Wed Sep 05, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: MINT Software Or Other For Budgeting/Tracking
Replies: 20
Views: 2286

Re: MINT Software Or Other For Budgeting/Tracking

Excel. Its fully customizable - you can set it up literally any way that you want. It isn't "buggy" - you can see all the formulas and calculations so if something isn't right its easy to figure out why. Its secure - it doesn't link to my online accounts. And spreadsheets are portable - so...
by climbhigh
Thu Sep 22, 2016 11:29 am
Forum: Personal Consumer Issues
Topic: 2016 Honda Odyssey - which model?
Replies: 37
Views: 4344

Re: 2016 Honda Odyssey - which model?

Also - one other thing - if you are thinking of buying an extended warranty know that you don't have to purchase the warranty at the same time you buy the vehicle or from the same dealer you buy the vehicle. You can purchase an extended warranty at any time up until the original manufacturer's warra...
by climbhigh
Thu Sep 22, 2016 11:13 am
Forum: Personal Consumer Issues
Topic: 2016 Honda Odyssey - which model?
Replies: 37
Views: 4344

Re: 2016 Honda Odyssey - which model?

Definitely DON'T pay for built-in navigation. For $160 you can connect your iPhone to the car and the car will display your iphone screen on the car display. You can thus do the navigation through your phone but it will display on the car screen. here is a tutorial: https://www.youtube.com/watch?v=F...
by climbhigh
Mon Feb 15, 2016 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA or pay down student loan
Replies: 23
Views: 2726

Re: Roth IRA or pay down student loan

My thinking is that paying down the student loans saves us 7.5% in interest and the IRA will not make that this year. You are thinking in the right direction. Paying off debt will give you a guaranteed return equal to the interest rate on the debt. Check out this article for more info: https://www....
by climbhigh
Wed Feb 10, 2016 12:15 pm
Forum: Personal Investments
Topic: Eliminating disability riders
Replies: 2
Views: 476

Re: Eliminating disability riders

...it may be worth the gamble... In my opinion, disability insurance is not something to gamble with (well, insurance in general for that matter). Using your own argument you could just take the "gamble" that you'll never need disability insurance and just go without. I personally would n...
by climbhigh
Mon Dec 14, 2015 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Employer-sponsored vs separate disability insurance
Replies: 9
Views: 1117

Re: Employer-sponsored vs separate disability insurance

The issue of "same occupation" really depends on what your occupation is. I am a subspecialized surgeon, so for me to do something outside of my speciality would require me to go back and do another residency. Most doctors are not willing to go back and do another residency, given the time...
by climbhigh
Sun Mar 08, 2015 10:14 am
Forum: Investing - Theory, News & General
Topic: Vanguard Total Stock Market Index Fund (VTSAX)
Replies: 16
Views: 10687

Re: Vanguard Total Stock Market Index Fund (VTSAX)

In your opinion, isn't VTSAX too highly weighted in large cap (approximately 75%) with very little in small cap (less than 10%)? I have always quoted that "75%" number as well, but recently I went through the Vanguard Portfolio Watch online and when it broke everything down it has VTI as ...
by climbhigh
Thu Mar 05, 2015 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Computer Glitch
Replies: 7
Views: 1966

Re: H&R Block Computer Glitch

Form 8949 requires that you enter the acquisition date and sale date. The LT vs. ST is just a calculation. Instead of putting the actual acquisition date it allows things to be grouped and you can select "Various - Long Term" or "Various - Short Term". Mine were imported and the...
by climbhigh
Thu Mar 05, 2015 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Computer Glitch
Replies: 7
Views: 1966

H&R Block Computer Glitch

Hello All - Did my taxes this morning. I had done them by hand ahead of time so I knew what to expect. Quite surprised, however, when the H&R Block program (online) gave me a final number some ~$800 off what I had already calculated. Then I did it through Turbotax and it matched my "by-hand...
by climbhigh
Fri Feb 06, 2015 11:03 am
Forum: Personal Finance (Not Investing)
Topic: TN Hall Income Tax
Replies: 19
Views: 2875

TN Hall Income Tax

Hello All - is anyone familiar with Tennessee's "Hall Income Tax" on investments? Its a 6% tax on "taxable interest and dividend income...exceeding $2,500 married filing jointly." According to the information on the state's website, capital gains from the sale of real estate, sto...
by climbhigh
Sun Jan 25, 2015 10:10 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund Breakdown
Replies: 3
Views: 478

Mutual Fund Breakdown

Hello All - Trying to better understand the funds I'm invested in, specifically the total stock market fund. Someone posted on here last week that the total market fund was equivalent to 3-parts (or was it 4-parts?) S&P 500 plus 1-part extended market. Is there anything concrete to back that up,...
by climbhigh
Sun Jun 08, 2014 9:31 am
Forum: Personal Investments
Topic: My portfolio checkup
Replies: 13
Views: 1504

Re: My portfolio checkup

The bond fund purchase at Ameritrade came with a hefty $50 commission... Perhaps you should consider moving your accounts to Vanguard, where you won't have to pay commission to buy/sell Vanguard funds/ETFs. Not sure if Ameritrade charges a fee to sell the fund as well, but if so you would be better...
by climbhigh
Sun Jun 08, 2014 8:19 am
Forum: Investing - Theory, News & General
Topic: CNN Money article
Replies: 1
Views: 663

Re: CNN Money article

Found this article on CNN's website this morning. I can't help but think that for someone with little investing knowledge this advice could be detrimental to their financial future. It is information like this that reminds me, on a daily basis, how relieved I am that I have discovered this communit...
by climbhigh
Fri May 30, 2014 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off huge student loan vs Investing
Replies: 49
Views: 6981

Re: Pay off huge student loan vs Investing

...Now if your loans were at 6.8% that would be a very different conversation. This is the situation I find myself in - $200k of student loans at 6.8% interest. My wife and I have the discussion monthly about whether our savings each month are going to go into the Roth IRAs or put towards the loans...