Recent content by hogtied

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    Transaction free money from Capital One

    I've been getting transaction free checks in the mail from Capital One for the last 4 months. I've been using them each month to make up the balance of my expenses and writting a new check the next month to pay Capital One plus that months expenses. I've had the use of free money. Monthly...
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    How often do you replenish cash in checking?

    monthly Take funds monthly from my HSBC online account which pays 1% interest. Beginning of each year the HSBC account is replenished from my portfolio withdrawal.
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    Best interest rate

    Pentagon Federal Credit Union has the highest paying CD's. Past January they offered a 10 yr CD paying 5%.
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    Any disadvantage to this plan?

    I know short term rates will surely rise at some point. My HELOC allows me to lock in the current low rate anytime. When rates start to climb I would most likely put an end to this plan and start withdrawing for my IRA unless I can get a higher CD rate from Penfed to offset the HELOC rate.
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    Any disadvantage to this plan?

    Fired@51, good thought about paying interest from IRA yearly. I'll ponder that.
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    Any disadvantage to this plan?

    I don't want to get punched in the face like Tyson, Brewer, that's why I'm putting this out there. I'd have to pay back the HELOC from an IRA sometime out in the future or a not yet rec'd inheritance which is fairly definate but (rather not count my chickens...).
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    Any disadvantage to this plan?

    I'm thinking of this plan but have not implemented it yet. I retired 1 year ago. To date, I have not taken any funds from my tax exempt retirement accounts. I have a large Home Equity Line of Credit (HELOC) that I have not used. Interest presently is 2.75% if I borrow from this HELOC. I...
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    Jet-powered surf boards

    yes Al, it sucks water in and then jets it out
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    Jet-powered surf boards

    What do you think of this? Nords? Sure to make waves this summer, jet-powered surfboards
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    Cheap Beer of Choice

    Yea Brewer, I've been drinking Genesse Cream Ale since 1968. Can still by in in my town. On sale - 30 cans for $13
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    How did your portfolio do in 2010 ?

    14.9% from my Permanent Portfolio
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    Penfed reserved CD

    Penfed did it right. My CD that I reserved back in October for 10 years at 5% showed up in my account today. Dollars were transferred from my Traditional IRA Premier account perfectly. Thank you Penfed for this New years gift.
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    Pentagon Federal AMEX travel card?

    just got this personal email from Penfed about my AMEX card: "We are writing to inform you that a new credit card is being mailed to you as a precautionary measure against any potential fraud exposure" anyone know what this would be all about?
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    Pentagon Federal AMEX travel card?

    I just got my $100 giftcard today. It's a prepaid Penfed AMEX card with $100 on it. It's good for 1 year. I signed up for the Penfed AMEX card in November. So far they have delivered everything just like their promotion said. I'm very pleased. I've got 37,000 points so far. I'll use it...
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    Pentagon Federal AMEX travel card?

    Sorry to hear that Rusty. I got my card last month a now have 33,000 points. Have not tried to redeem any yet. Did you end up with airline tickets after all you went thru? Curious, why the big hassle? Thanks.
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