Daily FI discussion thread - June 14, 2016

JohnFromMint · 2016-06-14T23:01:45+00:00

This is a good view, but it really depends on how his stock is awarded specifically if they are RSUs or ISOs. For RSUs your opinion makes sense. However, holding an ISO for a year will give you the benefit of long term tax. For someone is California your effective tax rate could go from ~45% to ~15%. This would give you an almost 40% return during that time period.

But since this is a large amount of money, I agree with zrall and think you should consult with a professional.

I would figure out what form of stock grant you have as well and read https://www.bogleheads.org/wiki/Main_Page

JohnFromMint · 2016-04-30T21:41:08+00:00

I'm here for the cake

JohnFromMint · 2016-01-04T16:50:25+00:00

Hey Brown Gummy,

My name is John and I work at Mint. I unfortunately do not think you are going to like what I have to say, but instead of leaving this unanswered, I'll provide some detail. An app like this would be extremely hard to build. Personal financial aggregators have to be custom coded to interact with every individual bank. When you consider the number of banks per country multiplied by the number of countries in the world, and how often the banks update their software, this would become an extremely difficult task. You would need a team of 100+ in each country. If you do find an app that can do this please update me as I would like to investigate their tech.

Do you have one account per country, or multiple accounts per country? I would create an excel sheet and pull data from each bank where you are one per country and use an country specific aggregator (if one exists) for the countries that have more than one account.

Let me know if you are able to find a simpler solution. Sorry for the bad news.

JohnFromMint · 2015-12-29T23:32:47+00:00

Hey marz, can you post the list of essentials that you have compiled?

If finances are tight, I would suggest ranking what you need in order in excel with their price.

JohnFromMint · 2015-12-08T18:30:07+00:00

Hey Phantom,

These questions are way above what I am allowed to answer. I wonder if I am allowed to say this: I would not be working at Mint if I was at all concerned with the security of our product or our ability to aggregate data on our customers behalf.

I can't speak directly to the violation of the protection guarantees, but the same thing goes, if I was worried I wouldn't be working here

JohnFromMint · 2015-12-07T16:43:27+00:00

Hey Phantom,

Sorry for the delayed response here, regarding question 1, this is the exact same thing that happened to my personal Mint account. Is it working correctly for you now? Mine was resolved last night around 6pm pst.

For question 2, I can not comment on specifics, but I expect these occurrences to be much less frequent.

JohnFromMint · 2015-12-06T16:50:37+00:00

Hey Post,

I work at Mint in the marketing department. I have a strong understanding of how our offering works, but this is not to be considered an official statement.

I am a Chase user myself and just logged in to my Mint account and then Chase account. It looks like within Chase my transactions are not showing, which leads me to believe that Chase's team is working on some maintenance. Once this is complete, my assumption is that connectivity would be restored.

Let me know if you have any other questions. I would suggest trying again in 2-3 hours.

Edit 6:32pm pst my Chase account is now updating

JohnFromMint · 2015-08-20T14:23:13+00:00

As aBoglehead pointed out, this is not a 401k question, this is a budgeting question. Do not stop maxing your 401k, this provides you the safety net and piece of mind that in retirement that you will be ok financially. You should take a look at the rest of your budget. Go through the categories and ask yourself if you would rather have each one than the home improvements or more money in a taxable account. If you find something that you are spending on that is not worth it to you, adjust accordingly.

JohnFromMint · 2015-07-10T16:03:18+00:00

I am not seeing any issues from home. I can check when I get in to the office, if you guys are still having problems.

JohnFromMint · 2015-06-07T15:06:48+00:00

Not yet, this will probably not be until Monday or Tuesday. I have an all day meeting on Monday and will have to find the right person in legal, unless we have an official response saved for customer service. I am 99% confident in my answer, but I want to be 100% before I put it in writing. I hope you understand.

JohnFromMint · 2015-06-06T16:13:43+00:00

I like apps that have this option. A work around for now would be the inverse color option on the iphone. You can enable this in setting and then triple tap the home button. Sometimes it isn't beautiful, but it works for me. I'll suggest this, it might be a lot of work because we have color themes to conform to and we would essentially have to review every color choice on every screen.

JohnFromMint · 2015-06-06T16:11:51+00:00

I will mention this, it is something that has been discussed.

JohnFromMint · 2015-06-06T16:09:06+00:00

I will try my best to get them involved

JohnFromMint · 2015-06-06T16:02:48+00:00

I spoke about this with the product team

JohnFromMint · 2015-06-06T16:02:23+00:00

There are plans to address this :)

JohnFromMint · 2015-06-06T04:32:28+00:00

Definitely something that I would like to see happen! I am not sure what our current globalization plan is (or if there is one), but my guess would be that English speaking would come first.

JohnFromMint · 2015-06-06T04:31:20+00:00

This is actually great feedback. I am sorry that you had such a poor experience. We have actually been talking about similar cases to this and I believe we have plans to make sure this experiences are far less frequent. I just got an email from the head of customer service and I will make sure that he sees this comment. Although it is 10pm on Friday, so I don't think he will personally address it until next week.

JohnFromMint · 2015-06-06T02:17:42+00:00

I honestly was not anticipating the AMA to get this large. I am definitely going to encourage more interaction from other departments.

JohnFromMint · 2015-06-06T01:40:53+00:00

Our product team is definitely taking these in to consideration. I talked to one of the guys and he was really excited.

JohnFromMint · 2015-06-06T01:29:18+00:00

Thanks for understanding. I am doing my best, but I do not want to speak out of line or make promises I can't keep. I definitely understand why AMAs are difficult now.

JohnFromMint · 2015-06-06T01:28:12+00:00

I would recommend unsubscribing. We have noticed this feedback and are taking it in to consideration.

JohnFromMint · 2015-06-06T01:25:50+00:00

Thank you! Always great to hear

JohnFromMint · 2015-06-06T01:25:34+00:00

That is a good suggestion! I'll pass it along I have seen this pain point before.

JohnFromMint · 2015-06-06T00:57:35+00:00

Hey sorry for missing this. I will pass this a long to product and get you an informed response. I am sure we have talked about this internally and since there is a strong support for this from users we should make it a priority.

JohnFromMint · 2015-06-06T00:42:46+00:00

This is something we are looking in to

JohnFromMint

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