Search found 131 matches

by Alexa9
Sun Apr 23, 2017 8:20 pm
Forum: Investing - Theory, News & General
Topic: Schwab False Ad (4X Cheaper than VG)
Replies: 20
Views: 1687

Schwab False Ad (4X Cheaper than VG)

Just saw an ad by Schwab on TV that their S&P 500 Fund (ER .03) was 4x cheaper than Vanguards (.14). Don't know where they got that (maybe investor shares? which is .16). Vanguard's ETF/Admiral is .05. They are really hurting since Vanguard has been dominating lately. https://www.nytimes.com/201...
by Alexa9
Sun Apr 23, 2017 5:48 pm
Forum: Personal Consumer Issues
Topic: Car Choices
Replies: 45
Views: 3423

Re: Car Choices

Hyundai just had a pretty serious engine recall. FYI
https://www.cnet.com/roadshow/news/hyun ... -gremlins/
by Alexa9
Sun Apr 23, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 78
Views: 6954

Re: Helping adult children

I would give them each an equal amount. I wouldn't punish one son for not having kids. An early inheritance when kids are young and need it most is often better than when they're successful and don't need it. However, if neither of them need it or want it, then I don't see any reason to give it to t...
by Alexa9
Sun Apr 23, 2017 9:25 am
Forum: Personal Consumer Issues
Topic: Six pack for barbecue?
Replies: 77
Views: 4996

Re: Six pack for barbecue?

If you want to get creative, find a place that does make your own six packs and bring 12 different beers!
by Alexa9
Fri Apr 21, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Car Choices
Replies: 45
Views: 3423

Re: Car Choices

All new Camry/Accord this year if you can wait a few months. There will be deals on the old models too.
by Alexa9
Fri Apr 21, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Closing unused credit cards
Replies: 6
Views: 620

Re: Closing unused credit cards

I think more than around four main cards is overkill and not worth monitoring. If you're churning for free flights as a hobby that's different. Closing old accounts doesn't affect your account much. They stay on your report for 10? years I believe and your current cards will be 10 years older by the...
by Alexa9
Thu Apr 20, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: US Bank Travel Card 50k Points ($1k value)
Replies: 6
Views: 789

Re: US Bank Travel Card 50k Points ($1k value)

New card from US Bank to compete with Chase Sapphire Reserve and Amex Platinum. 50k point intro bonus valued at $750 and $325 annual travel bonus, $400 annual fee. Intro spend $4.5k in 90 days. Kicker is you have to have an account with them for 35 days to open. Available May 1. US Bank is not as g...
by Alexa9
Thu Apr 20, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: US Bank Travel Card 50k Points ($1k value)
Replies: 6
Views: 789

US Bank Travel Card 50k Points ($1k value)

New card from US Bank to compete with Chase Sapphire Reserve and Amex Platinum. 50k point intro bonus valued at $750 and $325 annual travel bonus, $400 annual fee. Intro spend $4.5k in 90 days. Kicker is you have to have an account with them for 35 days to open. Available May 1. US Bank is not as go...
by Alexa9
Thu Apr 20, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 34957

Re: Larry Swedroe says "Goodby."

Thanks Larry! The site won't be the same without you. Shame on the posters that attacked him.
by Alexa9
Wed Apr 19, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: Credit score and closing old cards
Replies: 9
Views: 763

Re: Credit score and closing old cards

I would wait until you get your mortgage, then cancel away. Just sock drawer them unless they have annual fees. Maybe close a few of them. Try CreditKarma's simulator.
by Alexa9
Wed Apr 19, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Small cap fund index question
Replies: 57
Views: 4201

Re: Small cap fund index question

Yes once a small cap becomes a mid cap it is removed from the index. You may also consider value tilting which I believe is a larger premium than the small cap premium:
VTV Large Value, VOE Mid Value, VBR Small Value
Also in international: VSS Small Blend
by Alexa9
Wed Apr 19, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: Fidelity card 2% but NOT as statement credit
Replies: 27
Views: 2550

Re: Fidelity card 2% but NOT as statement credit

Careful not to apply the Citi DC as a statement credit or you won't get 2% either; the reason being is that you get 2% = 1% for purchases + 1% for payments, but applying the statement credit reduces the needed payment on the purchases. So your effective cashback ratio is less than 2%. It's 1.99%. N...
by Alexa9
Wed Apr 19, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Adult child lack of availability at tax time.
Replies: 24
Views: 1937

Re: Adult child lack of availability at tax time.

Ahh, millennials. You can't say you didn't warn him. Sometimes kids have to learn the hard way.
by Alexa9
Tue Apr 18, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: My kids don't care about saving
Replies: 114
Views: 11000

Re: My kids don't care about saving

Sometimes people need to learn the hard way. I know plenty of people that lived it up and have very little retirement savings. They won't be living it up in retirement. I know people that don't live it up at all and have too much savings. It's a balancing act.
by Alexa9
Mon Apr 17, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving Edward Jones...where to start?
Replies: 4
Views: 613

Re: Leaving Edward Jones...where to start?

https://www.nytimes.com/2017/04/14/business/mutfund/vanguard-mutual-index-funds-growth.html http://www.obliviousinvestor.com/vanguard/ http://kronstantinople.blogspot.com/p/edward-jones-saga.html Have Vanguard transfer everything to them. Don't even contact EJ. They will beg/threaten you to stay. Th...
by Alexa9
Mon Apr 17, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Closing my oldest credit card
Replies: 19
Views: 2041

Re: Closing my oldest credit card

Close it. No worries. It still adds to your age of accounts after it's closed AFAIK even though creditkarma only shows AAOA of open accounts.
by Alexa9
Mon Apr 17, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: New car...finance or not?
Replies: 17
Views: 1392

Re: New car...finance or not?

I prefer to pay cash for cars if possible. It's mostly psychological. I find more bill payments to be a hassle and I like having the title with no lien. Many dealers offer 0.9% or even 0% financing. Then it might be worthwhile but I end up paying early anyways. Some also offer a discount if you fina...
by Alexa9
Sun Apr 16, 2017 5:17 pm
Forum: Personal Consumer Issues
Topic: how much is reasonable amount to spend [on gymnastics]
Replies: 42
Views: 3100

Re: how much is reasonable amount to spend

I would let her do it if you can afford it easily. Otherwise encourage her to pick up some less expensive hobbies. I find that once they get to Varsity level it is pretty stressful/competitive and not fun anymore. I think the most valuable sport to pick up while you're young is tennis, swimming, and...
by Alexa9
Sun Apr 16, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: How much money do you need to generate $50,000 per month?
Replies: 60
Views: 7512

Re: How much money do you need to generate $50,000 per month?

50k/month = 600k/ year 60/40 allocation (recommended for indefinite holding time period like an endowment fund) Also consider inflation/tax $12 Million (if you don't plan on using the principal) @ 5% return (600k/.05) $10 Million @ 6% return etc. (600k/.06) I suggest a retirement calculator. How old...
by Alexa9
Sun Apr 16, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: New phone..any advantages to buying at Costco?
Replies: 24
Views: 3045

Re: New phone..any advantages to buying at Costco?

I wouldn't buy at Costco. They don't take AMEX anymore and AMEX provides the best extended warranty and purchase protection on electronics. Although Costco is pretty good too.
by Alexa9
Sat Apr 15, 2017 8:13 pm
Forum: Personal Consumer Issues
Topic: Hiking the Tahoe Rim Trail
Replies: 21
Views: 1691

Re: Hiking the Tahoe Rim Trail

I guess you'll have to let us know how it goes!
by Alexa9
Sat Apr 15, 2017 8:08 pm
Forum: Personal Consumer Issues
Topic: Budget multitool knife
Replies: 24
Views: 2070

Re: Budget multitool knife

Leatherman/Swiss Army although I prefer the individual tools.
by Alexa9
Sat Apr 15, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for teen
Replies: 26
Views: 2506

Re: Roth IRA for teen

An alternative is the college IRA: it might be easier to contribute to a 529 or ESA for college.
by Alexa9
Sat Apr 15, 2017 7:31 pm
Forum: Personal Consumer Issues
Topic: What do you do with your coins?
Replies: 76
Views: 4040

Re: What do you do with your coins?

Haven't carried cash or coins in years. I've only gotten caught once at an event that only took cash and then drinks were all on my cash friends :D Credit is so much more secure. I don't worry much about getting mugged anymore. I used to go to Coinstar and get an Amazon Gift Card. I heard that the c...
by Alexa9
Fri Apr 14, 2017 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Dealership rejecting rebate after contract signed
Replies: 82
Views: 6516

Re: Dealership rejecting rebate after contract signed

Wow, really good way to lose business and get a bad review on Yelp.
by Alexa9
Wed Apr 12, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme Frugality vs Living Life - Where do you draw the line?
Replies: 77
Views: 8416

Re: Extreme Frugality vs Living Life - Where do you draw the line?

I think it is good to take a vacation occasionally. A nice but modest house. Good home cooked food. Other things are secondary. Don't go out to eat or travel much. Don't wear fancy clothes or jewelry. Modest cars. It's all up to you where you choose to cut costs and splurge. I might tease a miser bu...
by Alexa9
Tue Apr 11, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: That second Visa card
Replies: 25
Views: 1897

Re: That second Visa card

I find AMEX customer service to be the best even on their no annual fee cards. Their car rental insurance, purchase protection for electronics, and other perks seem to be the best. Had an expensive camera purchased with AMEX that was damaged on a trip and the full price was refunded. They are not ac...
by Alexa9
Tue Apr 11, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: That second Visa card
Replies: 25
Views: 1897

Re: That second Visa card

I have an AMEX, Visa, and MC. Good to build credit history with several different lenders.
by Alexa9
Mon Apr 10, 2017 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Try to decide 401K or IRA.
Replies: 11
Views: 794

Re: Try to decide 401K or IRA.

I have been contributed max amount allowed by IRA to my 401K at work and not contribute to IRA. This is an odd way to put it? You do understand the there are separate maximums for IRAs and the 401k? If under age 50, you can contribute $5500 to the IRA and $18,000 to the 401k. You can do both these ...
by Alexa9
Mon Apr 10, 2017 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs fidelity & sp500 vs total market?
Replies: 12
Views: 755

Re: Vanguard vs fidelity & sp500 vs total market?

I am going to follow some advice I got on here a couple weeks ago and the the 403b through my work with mutual of America s&p500 type fund because good vanguard index funds are not available. Was also going for the recommended investment in vanguard total international stock and total domestic ...
by Alexa9
Mon Apr 10, 2017 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs fidelity & sp500 vs total market?
Replies: 12
Views: 755

Re: Vanguard vs fidelity & sp500 vs total market?

Total stock market is better. It holds small and mid caps. I even tilt more towards small (and value).

Vanguard is better (in some ways) for a few not so obvious reasons:
http://www.obliviousinvestor.com/vanguard/
by Alexa9
Mon Apr 10, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling Capital One credit card
Replies: 10
Views: 1027

Re: Canceling Capital One credit card

It's nice to have one card with several of the top banks especially Chase and AMEX. I think Capital One is pretty good. If you have the Venture card you can convert it to a no annual fee Quicksilver and put it in your closet. Otherwise, I'd just cancel it.
by Alexa9
Sun Apr 09, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard funds for emergency cash
Replies: 14
Views: 1855

Re: Vanguard funds for emergency cash

Ally Savings 1%
Ally 1 year CD 1.3%
by Alexa9
Thu Apr 06, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: Do Index Funds Drive Apple Up?
Replies: 27
Views: 2390

Do Index Funds Drive Apple Up?

I've noticed Apple is increasing in value without many new products. I know it is a great company, but I was wondering if the massive shift towards index funds is driving up the price. Total Stock Market Index consists of about 3% AAPL. Vanguard now has $4 Trillion in assets. Not just Apple, but I w...
by Alexa9
Thu Apr 06, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: income/expense Tracker Recommendation
Replies: 11
Views: 481

Re: income/expense Tracker Recommendation

Mint is free and seems secure. I give them my credit card accounts but not my bank accounts just to be safe.
by Alexa9
Wed Apr 05, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

Here's a good article: http://blog.credit.com/2015/03/6-ways-chasing-credit-card-rewards-can-backfire-110907/ The most valuable rewards offered might be worth about 5% of the amount spent (here are some of the best rewards credit cards out there). But even when you can earn those rate of returns, yo...
by Alexa9
Tue Apr 04, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

Your guarantee doesn't mean much here. All the research on the difference between cash and credit show the impact of emotional attachment to cash decreasing their willingness to part with it. On the other hand, unlike that (and unlike coupon use), the cash back card offers no immediate emotional re...
by Alexa9
Tue Apr 04, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

All well and good, but a complete non-sequitur from the question of whether higher levels of cash back on certain categories lead to you spending more in those categories. Yes, categories encourage impulsive spending in that category even more. 5% off restaurants encourages people to go out just as...
by Alexa9
Tue Apr 04, 2017 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

If you have the AMEX Gold or Platinum or Chase Sapphire Reserve, you probably spend more to make the perks and annual fee worth it even if you think you don't. Nah, you probably don't. Most people who use having the card as an excuse to spend more on travel would have found another excuse anyway - ...
by Alexa9
Tue Apr 04, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

I probably do spend more but that's okay. I make enough to spend a bit more and still live comfortably. This may not be a problem for the average Boglehead. But the average American has very little in savings and thousands in CC debt. Especially young people just starting out with credit cards aren...
by Alexa9
Tue Apr 04, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

Credit Cards make shopping easier particularly online. All of these travel credit cards encourage you to travel and spend more money. If you have the AMEX Gold or Platinum or Chase Sapphire Reserve, you probably spend more to make the perks and annual fee worth it even if you think you don't. This i...
by Alexa9
Mon Apr 03, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Re: Some Credit Cards Make You Spend More?

I also notice if there is a good travel bonus card, I end up traveling when I might not have otherwise (not necessarily a bad thing). Gift cards are not a wise purchase because I also get the urge to use them up when I don't need to. Paying bills ahead of time is one of the better purchases for mini...
by Alexa9
Mon Apr 03, 2017 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3915

Some Credit Cards Make You Spend More?

I wonder if anyone else notices this: Spend $5k in 3 months to get 100k Chase Points (Makes me go out for dinner more to hit the spending bonus or go shopping) AMEX 6% back on groceries on up to $6k a year (Makes me spend more on groceries knowing I am getting 6% off even though there is a $75 annua...
by Alexa9
Thu Mar 30, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Advisor fee
Replies: 15
Views: 1750

Re: Advisor fee

I would teach your wife. I would also just use one fund for simplicity. Lifestrategy Conservative Growth perhaps?
by Alexa9
Tue Mar 28, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Toyota vs. Honda
Replies: 58
Views: 4442

Re: Toyota vs. Honda

It depends on the specific model you're talking about. You can't know how reliable a model is until many have been driven several years for many miles. That said, Toyota and Lexus are ranked at the top of reliability lately.
by Alexa9
Tue Mar 28, 2017 2:24 pm
Forum: Personal Consumer Issues
Topic: Geico insurance rate increase: 26.24% APY?
Replies: 42
Views: 3140

Re: Geico insurance rate increase: 26.24% APY?

I find most companies that charge you a monthly fee try to raise the rate eventually. Threaten to switch or switch every year or two if they play these games.
by Alexa9
Sun Mar 19, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Quietest tire for 2017 Honda CRV?
Replies: 20
Views: 1998

Re: Quietest tire for 2017 Honda CRV?

Michelin Primacy
by Alexa9
Sat Mar 18, 2017 9:57 am
Forum: Personal Consumer Issues
Topic: Costco tire - Michelin vs Bridgestone
Replies: 20
Views: 2293

Re: Costco tire - Michelin vs Bridgestone

Most people I know that are car nuts rave about Michelin. Small price to pay per mile for safety and longevity.
by Alexa9
Sat Mar 18, 2017 9:41 am
Forum: Personal Consumer Issues
Topic: Looking for a snazzy car
Replies: 79
Views: 4573

Re: Looking for a snazzy car

Used
BMW 3 Series
Lexus IS
Audi TT

New or Used
Subaru BR-Z
Mazda Miata

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