Search found 816 matches

by Bfwolf
Thu Jul 30, 2015 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 225
Views: 157450

Re: Mango prepaid card - 4.8% (effective) APY

I just received an email from Mango about switching from the prepaid Mastercard to a prepaid Visa. Verbiage is below. So does this mean I just need to order the new Visa and change nothing else? Or do I have to change the account number my ACH transfers go to and from? ------------------------------...
by Bfwolf
Thu Jul 30, 2015 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 117
Views: 8614

Re: Credit Card Rewards (Travel)

Thank you! I'll try to keep an eye out for that offer again. I typically try to check "The Points Guy" for his top deals periodically. Would be interested if others find better ways to monitor things without going crazy I haven't found The Points Guy to be that useful. IMO, the best resou...
by Bfwolf
Wed Jul 29, 2015 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 117
Views: 8614

Re: Credit Card Rewards (Travel)

Thank you! I'll try to keep an eye out for that offer again. I typically try to check "The Points Guy" for his top deals periodically. Would be interested if others find better ways to monitor things without going crazy I haven't found The Points Guy to be that useful. IMO, the best resou...
by Bfwolf
Wed Jul 29, 2015 1:35 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 117
Views: 8614

Re: Credit Card Rewards (Travel)

rjbraun wrote:Have they had better promotions in the past that I should try to wait for? I thought I've typically earned 50k AA points as a sign-up bonus.


CitiBusiness was available with a 50K bonus for $3K spend until very recently.
by Bfwolf
Tue Jul 21, 2015 8:51 pm
Forum: Personal Consumer Issues
Topic: Recommend a magazine with good writing like the New Yorker
Replies: 53
Views: 3306

Re: Recommend a magazine with good writing like the New Yorker

I really enjoy The Atlantic. While it leans a little left overall, it does balance articles one would associate with left-wing politics like The Case For Reparations http://www.theatlantic.com/features/archive/2014/05/the-case-for-reparations/361631/ with articles one would traditionally associate w...
by Bfwolf
Thu Jul 16, 2015 11:27 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 79
Views: 7959

Re: Jack Bogle in this Month's Money Magazine

From my perspective, the only really rational argument I can accept against owning international stocks is currency risk, and carrying this to the extreme of holding NO International stocks seems inappropriate to me. All other arguments are stock picking and believing oneself smarter than the marke...
by Bfwolf
Thu Jul 16, 2015 7:13 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle in this Month's Money Magazine
Replies: 79
Views: 7959

Re: Jack Bogle in this Month's Money Magazine

From my perspective, the only really rational argument I can accept against owning international stocks is currency risk, and carrying this to the extreme of holding NO International stocks seems inappropriate to me.

All other arguments are stock picking and believing oneself smarter than the market.
by Bfwolf
Thu Jul 16, 2015 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: I have a dilemma? Should I provide a concession?
Replies: 20
Views: 2798

Re: I have a dilemma? Should I provide a concession?

I got some feedback today from the property manager regarding reimbursement and it appears that is not an option. I was told the HOA wants to hire their own personnel and will complete the project in Aug/Sept. Since the buyers want the floors fixed or a concession by next week it appears I will hav...
by Bfwolf
Thu Jul 16, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads carry thin wallets? What's in your wallet?
Replies: 34
Views: 1879

Re: Do Bogleheads carry thin wallets? What's in your wallet?

A couple of years ago, I got this money clip http://www.amazon.com/dp/B00UZP2K12?psc=1. It's forced me to be choosy about what I carry with me. Besides cash, I have room for 6 cards. My 6 are: 1) Credit card 2) Driver's license 3) ATM card 4) Card that gets me 50% off at a local restaurant I frequen...
by Bfwolf
Mon Jul 13, 2015 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - New $10 ATM Fee Reimbursement Limit
Replies: 68
Views: 4532

Re: Ally Bank - New $10 ATM Fee Reimbursement Limit

I use Ally and HAVE gone over the $10/month limit. When I was in Las Vegas, I did it with two ATM withdrawals alone. It is, however, a rare occurrence for me. I agree with others who stated it would be nice if they had annualized the limit rather than do it by month. Or maybe some combination like $...
by Bfwolf
Mon Jul 13, 2015 11:15 pm
Forum: Personal Consumer Issues
Topic: VRBO illegal rental [Vacation Rentals by Owner]
Replies: 53
Views: 5088

Re: VRBO illegal rental [Vacation Rentals by Owner]

Paying money in advance for any of these properties is a terrible idea. If you are using your credit card to pay through Airbnb, your money is not released to the property owner until at least the day after your rental starts. So if you show up and the property is a scam, you contact Airbnb and the ...
by Bfwolf
Sun Jul 05, 2015 10:00 pm
Forum: Personal Consumer Issues
Topic: What is the best meal you've had at a restaurant?
Replies: 119
Views: 11439

Re: What is the best meal you've had at a restaurant?

When I was 21 and backpacking around Europe, I got a ham and cheese calzone at this hole in the wall pizza place by the train station in Rome. I had it again the next day. I'm not sure anything I've ever had since has lived up to those perfect calzones.
by Bfwolf
Sat Jul 04, 2015 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: financial adviser told me not to invest too much in 401k
Replies: 92
Views: 10084

Re: financial adviser told me not to invest too much in 401k

I agree with everybody else--this FA just gave you bad advice. The 401k allows you to avoid dividend and capital gains taxes which will likely leave you with close to 15% more money. So your retirement tax bracket would need to be close to 30% to make avoiding the 401k a good idea even if you are in...
by Bfwolf
Wed Jul 01, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38094

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

But aside from a year's worth of continued unhappiness, what do I lose by being conservative, working for an additional year, and trying to save some more money? You lose just a little bit more of the hope that you'll ever escape a place that is in top 100 list of places you don't want to live in t...
by Bfwolf
Wed Jul 01, 2015 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38094

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

Rent is $1675 a month. The lease is for 6 months, expiring in mid January, 2016. We purposely got a 6 month lease in case I get laid off--that way, we can leave town reasonably quickly. However, because of when bonuses, RSU payouts, retirement plan contributions, and the like are given, if I can ma...
by Bfwolf
Tue Jun 30, 2015 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38094

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

Random Poster wrote:Well, we just signed a short-term lease on our apartment, so I figure that I might as well keep working and earning money to pay the rent. Otherwise, I'm just paying money to live somewhere that I absolutely do not want to be.


How much rent/month for how many months may I ask?
by Bfwolf
Tue Jun 30, 2015 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Investing for a child's future
Replies: 9
Views: 1231

Re: Investing for a child's future

Any recommendations? I looked at Vanguard's 2035 fund and it is set to accumulate a whopping .65% per year! Don't worry about returns from the past year. Look at what the fund is invested in. The Vanguard Target Retirement 2035 fund is 55% US Stocks, 27% Int'l stocks, 13% US bonds, and 5% Int'l bon...
by Bfwolf
Mon Jun 29, 2015 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38094

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

Don't just keep doing the same thing and being miserable. I still advise having a plan before you leap, but if you're so miserable why haven't you taken any time to figure it out? Personally if I were that unhappy I'd be obsessing over it nearly every free minute, especially with the kind of flexib...
by Bfwolf
Mon Jun 29, 2015 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38094

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

Another Update from the OP: Well, the 14-month self-imposed timeline has just about run...and right about now is the time that I had envisioned back in April of last year as the time when I would quit my job and move to a better location. But for reasons that are primarily due to a desire for more ...
by Bfwolf
Thu Jun 25, 2015 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for age 62 - 70?
Replies: 33
Views: 3477

Re: Strategy for age 62 - 70?

If you cannot pay the tax from money outside of the withdrawal I doubt it will be beneficial for you to do the conversion. Not sure I agree with that. Converting to Roth between age 62 - 70 to take advantage of a 15% tax rate is preferable to withdrawing from a traditional IRA after age 70 at a hig...
by Bfwolf
Thu Jun 25, 2015 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Strategy for age 62 - 70?
Replies: 33
Views: 3477

Re: Strategy for age 62 - 70?

The 15% tax bracket in 2015 runs up to $74,900 for married couples. It probably makes sense to use up that full 15% bracket by converting any extra you don't need to a Roth. I imagine that once you and your wish are drawing Social Security, that plus your RMDs will put you into the 25% bracket--if n...
by Bfwolf
Wed Jun 24, 2015 3:57 pm
Forum: Personal Consumer Issues
Topic: Do I need to keep my landline number?
Replies: 58
Views: 6751

Re: Do I need to keep my landline number?

So to summarize the thread

Nobody needs a land line unless:

1) It's cheaper to have a land line plus Internet than just Internet

2) You live in Florida (applies to June through November only)
by Bfwolf
Sun Jun 21, 2015 11:38 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 2189

Re: Question regarding sharing an inheritance:

My question is how to work through the emotional/ethical/moral questions of how much to share? I would suspect that your friend had this same problem and his solution was to pass the problem on to you. I really don't think there a one right answer. Other posts have pointed or the risks for the disa...
by Bfwolf
Sat Jun 20, 2015 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: One-Two Punch for my credit card game
Replies: 62
Views: 8009

Re: One-Two Punch for my credit card game

The Red Card has also stopped loads with gift cards. Cash or debit only....FYI Where did you hear this? I just looked on Frequent Miler (the most dependable blog for manufactured spending) and there is no mention of it. AFAIK, gift cards that have PIN numbers activated (i.e. can act like debit card...
by Bfwolf
Sat Jun 20, 2015 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Help pick out 401k funds
Replies: 10
Views: 782

Re: Help pick out 401k funds

Option 1 is fine, but I actually think you're best off going exclusively with Vanguard FTSE All World ex-US in your 401k for now. Among your choices that represent one of the big 3 asset classes (US stocks, Int'l stocks, bonds), this is your best option. Let's say for argument's sake that you want t...
by Bfwolf
Sat Jun 20, 2015 11:45 am
Forum: Personal Finance (Not Investing)
Topic: One-Two Punch for my credit card game
Replies: 62
Views: 8009

Re: One-Two Punch for my credit card game

I have one piece of advice if you are going to buy gift cards to continue manufacturing spending. As soon as you get the gift cards, go online and change the PIN from the default (the last 4 digits of the card). If you don't do so, and lose a gift card, anybody can use it. This happened to me (I had...
by Bfwolf
Sat Jun 20, 2015 12:05 am
Forum: Investing - Help with Personal Investments
Topic: Help pick out 401k funds
Replies: 10
Views: 782

Re: Help pick out 401k funds

Realize you're asking for quick turnaround but you need to give us a little more as Makaveli points out. You should really follow this format to get good advice. viewtopic.php?t=6212
by Bfwolf
Fri Jun 19, 2015 11:58 pm
Forum: Investing - Theory, News & General
Topic: An out-of-sample look at the four best-performing funds 1972-2012
Replies: 24
Views: 4419

Re: An out-of-sample look at the four best-performing funds 1972-2012

Isn't it likely that the active mutual funds also created more taxable capital gains during those 3 years than the total stock market index fund?
by Bfwolf
Fri Jun 19, 2015 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: One-Two Punch for my credit card game
Replies: 62
Views: 8009

Re: One-Two Punch for my credit card game

The freeze on your credit is what it is. Only you can decide whether that's worthwhile to you. You've got to unfreeze your credit to apply for credit cards. Redbird not accepting credit card loads makes manufactured spending with Redbird somewhat more difficult and expensive, but it's certainly not ...
by Bfwolf
Wed Jun 17, 2015 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: AA - how to reach a compromise?
Replies: 21
Views: 2256

Re: AA - how to reach a compromise?

I'm of the opinion that you guys need to align on one AA. You playing games with it by holding more bonds than you normally would is problematic on a couple of levels. 1) It effectively deceives him and allows you to get your way without him having a choice in it. That has the potential for resentme...
by Bfwolf
Wed Jun 17, 2015 12:35 am
Forum: Investing - Help with Personal Investments
Topic: RSU vs Stock Options
Replies: 10
Views: 1102

Re: RSU vs Stock Options

With an RSU you are restricted from selling but you own the stock immediately, you will get dividends while waiting for the grant to vest. http://www.schwab.com/public/eac/resources/articles/rsu_facts.html Read the basic concepts section. Unvested RSUs don't pay dividends. Companies sometimes pay e...
by Bfwolf
Tue Jun 16, 2015 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: RSU vs Stock Options
Replies: 10
Views: 1102

Re: RSU vs Stock Options

One important factor to consider are dividends. Option theory generally says you shouldn't exercise the option until right before it expires in order to maximize the value of the option. Often times this means holding the option for a long period of time, say 7 years. With RSUs, on the other hand, y...
by Bfwolf
Fri Jun 12, 2015 10:53 pm
Forum: Investing - Help with Personal Investments
Topic: Am I stuck with my money being managed by Fidelity?
Replies: 61
Views: 5832

Re: Am I stuck with my money being managed by Fidelity?

You have a good plan. 2 thoughts: 1) REITs should be fully held in your IRA as they throw off a lot of income. It's much more important to hold them in your IRA than the International stock index. The US stock index and International stock index are both highly tax efficient and are the lowest prior...
by Bfwolf
Fri Jun 12, 2015 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Am I stuck with my money being managed by Fidelity?
Replies: 61
Views: 5832

Re: Am I stuck with my money being managed by Fidelity?

By the way, you will not want that bond fund in your taxable account while you are in the higher tax brackets. You should try to use a tax-exempt fund in your taxable account. I fear, but do not know for sure, that Fidelity's list is somewhat lacking. I suspect you'll want to use an ETF on their NT...
by Bfwolf
Fri Jun 12, 2015 3:02 pm
Forum: Personal Consumer Issues
Topic: Periodontal exam vs cleaning
Replies: 3
Views: 995

Periodontal exam vs cleaning

I am, for the first time, without dental insurance. My dentist's office just called to confirm my appointment next week and when I explained I no longer have dental insurance, they said the charges would be as follows: $125 for the cleaning $48 for the periodontal exam [Question requesting recommend...
by Bfwolf
Fri Jun 12, 2015 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Am I stuck with my money being managed by Fidelity?
Replies: 61
Views: 5832

Re: Am I stuck with my money being managed by Fidelity?

Retiredjg has given you great advice. I don't really have much else to add, except I would get out of that 1% mgmt fee as soon as possible. Like today. I don't know if that requires you to move to new Individual and IRA accounts or whether you can just get the advisor stripped off your current accou...
by Bfwolf
Wed Jun 10, 2015 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 101
Views: 11304

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

EddieJones, Your intuition was right: this is not an easy decision. Leaving a good job that you like is always tough. My inclination would be to take the new job though. That's a very significant difference in pay even with losing the RSUs. And you won't be married to the new company--if you hate it...
by Bfwolf
Tue Jun 09, 2015 10:16 pm
Forum: Personal Consumer Issues
Topic: Airline flight booking
Replies: 22
Views: 3081

Re: Airline flight booking

In general, I find Kayak.com to be an excellent aggregator.

What city will you be flying from?
by Bfwolf
Tue Jun 09, 2015 1:06 pm
Forum: Investing - Theory, News & General
Topic: Dividend yield is a lot less important than buyback yield
Replies: 192
Views: 9864

Re: Dividend yield is a lot less important than buyback yield

Often, well too often the share buybacks are used to mask compensation. Isn't it quite difficult to mask stock compensation? Isn't that the kind of thing they have to disclose? Stock compensation is neither good nor bad, just like giving employees raises is neither good nor bad. It's good if it kee...
by Bfwolf
Tue Jun 09, 2015 1:00 pm
Forum: Investing - Theory, News & General
Topic: Dividend yield is a lot less important than buyback yield
Replies: 192
Views: 9864

Re: Dividend yield is a lot less important than buyback yield

I always thought simply that a company's motivation for buybacks was this sequence of events: 1. Suddenly there are less shares outstanding. 2. Therefore each share's P/E ratio goes down. 3. Then, since the shares are more valuable by P/E measurements, more people buy them and the share price rises...
by Bfwolf
Mon Jun 08, 2015 2:50 pm
Forum: Personal Consumer Issues
Topic: Heads up on a great CC promotion (Chase Freedom)
Replies: 51
Views: 6113

Re: Heads up on a great CC promotion (Chase Freedom)

I wasn't going to directly use the CFP card to pay the other fee, but I was going to consider the situation as a net $0. Instead I'll take the mortgage closing period as an opportunity to look into the business card side of this, as my wife does have a side gig for which she gets paid and has (nomi...
by Bfwolf
Mon Jun 08, 2015 2:21 pm
Forum: Investing - Theory, News & General
Topic: Dividend yield is a lot less important than buyback yield
Replies: 192
Views: 9864

Re: Dividend yield is a lot less important than buyback yield

Bear in mind that if the stock buyback had not occurred in this case, the stock price would've dropped significantly as the number of shares increased. The stock buyback offset that so instead of losing a lot, shareholders stayed even. I agree with you that if exec compensation is the issue, then d...
by Bfwolf
Mon Jun 08, 2015 2:15 pm
Forum: Personal Consumer Issues
Topic: Heads up on a great CC promotion (Chase Freedom)
Replies: 51
Views: 6113

Re: Heads up on a great CC promotion (Chase Freedom)

I wasn't going to directly use the CFP card to pay the other fee, but I was going to consider the situation as a net $0. Instead I'll take the mortgage closing period as an opportunity to look into the business card side of this, as my wife does have a side gig for which she gets paid and has (nomi...
by Bfwolf
Mon Jun 08, 2015 12:03 pm
Forum: Personal Consumer Issues
Topic: Heads up on a great CC promotion (Chase Freedom)
Replies: 51
Views: 6113

Re: Heads up on a great CC promotion (Chase Freedom)

We don't have a business for which to apply for a business card. We've both gotten the AA Citi Platinum in the last 18 months. My thought currently is to get the Admirals Club card for the 50k miles, and use this Chase Freedom card to pay the $450 fee. That would "waste" the reward we get...
by Bfwolf
Mon Jun 08, 2015 11:18 am
Forum: Personal Consumer Issues
Topic: Heads up on a great CC promotion (Chase Freedom)
Replies: 51
Views: 6113

Re: Heads up on a great CC promotion (Chase Freedom)

I see. No harm in getting both now, it looks like. What happens to ultimate rewards points when you cancel the card and repeat? It looks like I could transfer them to freedom and back again every two years with a new sapphire preferred bonus. Does chase need to pull credit again if applying for bot...
by Bfwolf
Mon Jun 08, 2015 10:45 am
Forum: Personal Consumer Issues
Topic: Heads up on a great CC promotion (Chase Freedom)
Replies: 51
Views: 6113

Re: Heads up on a great CC promotion (Chase Freedom)

I think the better strategy is to get Freedom now, since you earn the higher 5% categories and earn the same ultimate rewards points for the most part as Sapphire preferred (except the double points for travel and dining) since it is a no annual fee card. Then, when you are planning travel get the ...
by Bfwolf
Mon Jun 08, 2015 1:05 am
Forum: Personal Finance (Not Investing)
Topic: Healthcare cost - Office Visit - negotiated insurance rate higher than cash rate?
Replies: 53
Views: 4403

Re: Healthcare cost - Office Visit - negotiated insurance rate higher than cash rate?

I am also annoyed by the new patient premium. I've had the same doctor for probably 9 years now, and he doesn't have any recollection of my medical history until he goes over my electronic chart. Couldn't that history be portable from doctor to doctor and prevent all this data collection whenever yo...
by Bfwolf
Mon Jun 08, 2015 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 82
Views: 8617

Re: Thoughts on Federal Employment

I'm just ball-parking it. The long-term average return for an equity-slanted balanced portfolio like Vanguard Wellington is about 8%. So if we take someone who is contributing $15,000 a year into the TSP and gets an 8% return over 40 years the portfolio balance will be about $4.6 million. That's no...
by Bfwolf
Sun Jun 07, 2015 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 82
Views: 8617

Re: Thoughts on Federal Employment

I think we agree and are talking past one another. I'm simply saying that a typical Boglehead type saver who maximizes their TSP through a Federal career will likely end up with a retirement in which the TSP provides perhaps 3x the income of the pension. This is in huge contrast to the old Federal ...
by Bfwolf
Sun Jun 07, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Federal Employment
Replies: 82
Views: 8617

Re: Thoughts on Federal Employment

Then I looked at the federal pension. 40 years of service * 1.1% per year of service * $80,000 salary = $35,200. I then converted this into a value at age 62 figure by dividing the $35,200 pension by 5.96%, which is the average of a 62 year old male and female SPIA from immediateannuities.com. This...

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