Search found 1455 matches

by Bfwolf
Fri May 26, 2017 12:34 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

You need a card to store your MRs as you cancel ones with annual fees. This is a great card for that--especially if you get lucky and AMEX doesn't do a hard pull for applying. This is a great point which I hadn't considered. I still don't think it's a card I'll be hopping on anytime soon for a meas...
by Bfwolf
Thu May 25, 2017 6:51 pm
Forum: Investing - Theory, News & General
Topic: How dividends become irrelevant?
Replies: 142
Views: 5834

Re: How dividends become irrelevant?

Dividends are extremely fundamental to stock value. This isn't true. I know you believe it is true with every bone in your body. It's not. It's completely and unequivocally false. All companies intend to return cash to shareholders. Let me repeat that. ALL COMPANIES INTEND TO RETURN CASH TO SHAREHO...
by Bfwolf
Thu May 25, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

New business card out: AmEx Blue Business Plus 20,000 sign up miles after $3000 spend in 3 months 2x on ALL purchases per year, up to $50k NO FEE Looks like a great non-bonus spend card. The question out there is it a new Blue business card or an extension of the old Blue. I got the Blue business c...
by Bfwolf
Thu May 25, 2017 12:03 am
Forum: Investing - Theory, News & General
Topic: The Case for Dividend Stocks in Retirement (article)
Replies: 92
Views: 9591

Re: The Case for Dividend Stocks in Retirement (article)

Bfwolf, I'll tell you how I look at it. (Now I might be wrong & if I'm wrong I'm sure someone will correct me...). I look at dividends using the compounding effect. For example, in my mind dividends are like the afterburner of a fighter jet. The afterburner's of a fighter jet help the jet gain ...
by Bfwolf
Wed May 24, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

I have a large purchase coming up ($10,000 +) ...... Would you recommend something else? ....... My score is about 815. I recommend Chase Sapphire Preferred or Chase Sapphire Reserve cards assuming you don't already have them and you don't have more than 5 new cards in the past 24 months Both give ...
by Bfwolf
Wed May 24, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: The Case for Dividend Stocks in Retirement (article)
Replies: 92
Views: 9591

Re: The Case for Dividend Stocks in Retirement (article)

We're doing close to 50/50 in retirement. Half in a Global portfolio of index funds/ETF's and the other half in individual dividend growth stocks. We're lucky in that we can live off our pensions with a little extra at the end of the year. The dividends received get re-invested into more dividend s...
by Bfwolf
Wed May 24, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 52
Views: 5090

Re: Should I drink or sell my Pappy 12 year?

I believe there are 2 schools of thought: The totally logical school: If you can sell it for $X, would you pay $X for it if you hadn't won it? If the answer is no (which it probably is), sell it. The found money school: You won something you weren't expecting. Life is short. Celebrate and drink up. ...
by Bfwolf
Sun May 21, 2017 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: NY vs Utah 529?? Can't decide!
Replies: 12
Views: 1006

Re: NY vs Utah 529?? Can't decide!

1) This decision doesn't matter. The differences are insignificant.

2) Why not just go with IL for kids #2 to keep things simple (one provider). The IL plan is perfectly respectable with aged based index funds < 0.2% ER.
by Bfwolf
Sun May 21, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Mexican Pacific Beaches
Replies: 45
Views: 3042

Re: Mexican Pacific Beaches

Acapulco is a drug war zone these days, so I'd avoid that one...
by Bfwolf
Sat May 20, 2017 1:29 am
Forum: Investing - Theory, News & General
Topic: The Case for Dividend Stocks in Retirement (article)
Replies: 92
Views: 9591

Re: The Case for Dividend Stocks in Retirement (article)

Keep in mind that I'm a young guy (23 years old). My Mom died (my parents divorced years ago) & I inherited quite a bit of money through life insurance. That said... In my mind what a young person like me wants to build is a pyramid. Wide & high. I can do that with a good dividend paying fu...
by Bfwolf
Sat May 20, 2017 1:06 am
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 96
Views: 11035

Re: Single most important investing advice?

Lots of good advice here, and the focus on savings is probably most important. I think most people naturally get that savings rate is extremely important though. One thing I find myself saying over and over to people out in the real world, because it isn't intuitive, is "all publicly available ...
by Bfwolf
Wed May 17, 2017 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

Of course who can forget IhG. My hand hurts after writing 250 index cards and enovlopes from the 2015 promo. LOL I did this too. Though I seem to recall it was 94 index cards. And I printed out labels for the envelopes. My brother got his daughters to help him with his index cards. I'm taking my ni...
by Bfwolf
Wed May 17, 2017 12:35 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

for high churners who are well over Chase 5/24, etc.: What cards are you still able to get? This year, I have gotten: -Amex everyday card, no AF, 20k bonus points in January, no AF -B of A travel rewards, February, 20k bonus pts -my second Alaska airlines card, this one is business, March, 30k pts ...
by Bfwolf
Thu May 11, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Help my friend give away his estate
Replies: 34
Views: 4001

Re: Help my friend give away his estate

...But instead, what if he bequeathed the money to his children with the understanding (agreement? suggestion?) that they were to donate these funds over say the next ten years. Wouldn’t this be a win-win? The organization would get the same donation value, and his kids would receive substantial in...
by Bfwolf
Thu May 11, 2017 12:28 am
Forum: Personal Consumer Issues
Topic: Travel tips for first time visitors to England and France?
Replies: 54
Views: 3492

Re: Travel tips for first time visitors to England and France?

I'll try to speak to your desire to see an EPL match as I'm a massive Tottenham Hotspur fan and have seen several games at their home stadium in north London (being demolished after they play their final home game there this weekend). First, I think this is a GREAT idea. Not sure how big a fan you a...
by Bfwolf
Wed May 10, 2017 12:48 am
Forum: Personal Finance (Not Investing)
Topic: Help my friend give away his estate
Replies: 34
Views: 4001

Re: Help my friend give away his estate

I think, but am not sure, that people are missing the spirit of the OP's request. What the OP is seeking is a solution where the money can go to his friend's charities but the kids get the tax deduction. The OP is not seeking a solution where the kids can manage the donations over time to best meet...
by Bfwolf
Tue May 09, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Help my friend give away his estate
Replies: 34
Views: 4001

Re: Help my friend give away his estate

I think, but am not sure, that people are missing the spirit of the OP's request. What the OP is seeking is a solution where the money can go to his friend's charities but the kids get the tax deduction. The OP is not seeking a solution where the kids can manage the donations over time to best meet ...
by Bfwolf
Sun May 07, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

I am seeing mixed reports on the Chase IHG Card: https://creditcards.chase.com/a1/ihg/ihg50plus?CELL=63R6&cm_sp=OSMAM-6C-US-EN-RR-A-MNR-ChaseMasterCard Do any of you know for sure whether this one counts toward. 5/24? Thanks Yes it will count toward 5/24. You will not be rejected by it if you a...
by Bfwolf
Mon May 01, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

I can't be the only one who finds it funny that this thread has morphed into the catch-all Bogleheads thread for more advanced credit card strategies/travel hacking, and yet every week or so somebody who has clearly seen the thread for the first time pops in and answers the thread title question, us...
by Bfwolf
Sun Apr 30, 2017 12:30 am
Forum: Personal Consumer Issues
Topic: Insurance for trip to Seoul Korea
Replies: 16
Views: 1231

Re: Insurance for trip to Seoul Korea

Thanks for the advice. I found the following at a cost of $108. I am the most concerned about the medical and the evacuation. For $40 more I can get $1 million medical. Does this sound sufficient? Cancellation 100% Interruption: 100% Terrorism: 100% Medical: $500,000 Evacuation: $1,000,000 Baggage ...
by Bfwolf
Sat Apr 29, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Starting the journey ideally Boggleheads style
Replies: 4
Views: 507

Re: Starting the journey ideally Boggleheads style

Welcome to the forum and congrats on making a great decision to start early on planning for your financial future! I think the first thing you ought to do is spend a little more time thinking about your asset allocation. It sounds like you've picked 70/30 because you've heard it's the "ideal as...
by Bfwolf
Sat Apr 29, 2017 12:21 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 224
Views: 11250

Re: Will cars be autonomous in three years?

I wonder if we'll be able to get around some of the issues surrounding human drivers coexisting with driverless cars by having a switchover day. For instance, the government could mandate that all new cars sold by 2025 have driverless technology available, while still requiring humans to drive them....
by Bfwolf
Fri Apr 28, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

sharpjm wrote:You can still get 1 segment added. We just did this for a trip to new zealand. SFO->AKL... AKL->CHC... CHC->SFO. Theres no doubt the program is worse now than it was before


What was your method? Book the trip online, and then call in and ask to add a segment?
by Bfwolf
Fri Apr 28, 2017 12:41 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

As long as award space is available, this will be part of your ticket to Japan and included in that award price. This leg will be included in your award ticket price from Seoul to USA...you just have to find award space. Just make sure you include your flight to Seattle as part of the award ticket....
by Bfwolf
Thu Apr 27, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

I haven't flown so many flights with frequent-flyer points. That's probably a function of not having a ton to begin with, having in general only limited schedule flexibility and oftentimes finding a compelling enough cash fare to not need / want to shop around. That said, when I have used points, A...
by Bfwolf
Tue Apr 25, 2017 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Why is Real-Estate so Bad?
Replies: 113
Views: 9088

Re: Why is Real-Estate so Bad?

This would be a basically useless analysis. The historical average return for domestic equities has been around 10% nominal or 7% real (3% average inflation in the past). Many people say that expected returns will be lower in the future, around 2-5% real. Expected inflation these days is around 2%,...
by Bfwolf
Tue Apr 25, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

Oh, I assume that these rates for business class tickets are, in general, for non-stop flights (I realize that it depends on the airports in question) and aren't simply a function of poor routing. I've never looked at Cathay's business class award availability. I was interested in using Alaska mile...
by Bfwolf
Tue Apr 25, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

I remember feeling like that when I first started travel hacking. We flew economy at first, but now I have more miles than we even have time to use, so we fly business class on international trips now. If you're aggressive you'll end up with some pretty big point balances. If you're just doing one ...
by Bfwolf
Tue Apr 25, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: First post be gentle... credit card 24 month rule? [cancel then reapply to get the bonus]
Replies: 15
Views: 1160

Re: First post be gentle... credit card 24 month rule? [cancel then reapply to get the bonus]

The Marriott card is issued by chase. The policy is as follows: "This product is available to you if you do not have this card and have not received a new card member bonus for this card in the past 24 months." I have done what you are asking with the Chase British Airways Visa (it has th...
by Bfwolf
Tue Apr 25, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

Interesting. Can you provide some general guidelines for how much spending one should be prepared to do to rack up sizable point balances to fly business class internationally, let's say, twice a year. I realize that a bunch of factors will influence the answer, but, back of the envelope, if a roun...
by Bfwolf
Sat Apr 22, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Relatively "Safe" Place to Earn 2.5%-4%
Replies: 24
Views: 3308

Re: Relatively "Safe" Place to Earn 2.5%-4%

You can get 2.5% or so from CDs with 0 risk but the term would have to be lengthy. Does this money need to be available over the next 5 to 7 years to spend?
by Bfwolf
Fri Apr 21, 2017 12:56 am
Forum: Personal Consumer Issues
Topic: What To Do With My Car While in NYC
Replies: 32
Views: 2881

Re: What To Do With My Car While in NYC

For one year? I'm not so sure I'm in the sell it camp. That's a big pain selling a car and buying another one. And then you have no idea how the owner of the "new" used car treated it. I'd be more inclined to find a family member or friend who needs a car and just loan it to them for the y...
by Bfwolf
Fri Apr 21, 2017 12:49 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

I just booked business class to Italy and the worst I paid for fuel surcharges was $280. Which is completely reasonable in my opinion for a decent business/first itinerary. I haven't looked a ton at other routes at other times, so it could be an issue, but the few times I've wanted to book with the...
by Bfwolf
Wed Apr 19, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 5219

Re: Can I afford private school for my kids?

Here are some reasons we put our kids into private school, starting at the same income/expense level as the OP. (For reference, we live in CA which is known to have bad schools; I consider Finland to be a reference for a 'good' school) Allow me to translate some of the buzzwords thrown around, our ...
by Bfwolf
Wed Apr 19, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4857

Re: If a doctor takes your insurance, must they accept the negotiated rate?

We had an issue like this with a provider and also had UHC insurance. My wife called UHC and they confirmed the provider was not allowed to "balance bill" per their contract. The UHC rep then pulled the provider into the phone call to explain what was going on. In a multitude of way the p...
by Bfwolf
Wed Apr 19, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7080

Re: Did anything surprise you in your 2016 taxes?

Like the OP, I had lower income than in years past and also was surprised to see I got the retirement saver's tax credit. I was also surprised to see I would not receive the majority of my foreign tax credit. I was able to carry back most of it to 2015 but in future years I think I will just lose mo...
by Bfwolf
Tue Apr 18, 2017 10:17 pm
Forum: Personal Consumer Issues
Topic: If a doctor takes your insurance, must they accept the negotiated rate?
Replies: 62
Views: 4857

Re: If a doctor takes your insurance, must they accept the negotiated rate?

OP here with an update. Apparently we were charged $205 with the following breakdown. $50 set up fee. $155/hr rate. Wife showed the doctor an EOB which states a $75 allowed expense and the doctor said "yes $75 allowed in insurance and my rate is $155/hr". She also wouldn't provide a bill....
by Bfwolf
Tue Apr 18, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 5219

Re: Can I afford private school for my kids?

Thinking outside the box here: would you consider moving?

There's a premium on houses in good school districts. If you move to an otherwise nice neighborhood with poorer schools, how much money could you gin up to pay for private school?
by Bfwolf
Tue Apr 18, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

Huh....I've had good success with Star Alliance international award availability. I also really like Aeroplan's 55K award price for biz between the US and Western Europe. Significantly cheaper than the 70K I'd pay for United partner awards, and I really have no way of getting more United miles at t...
by Bfwolf
Tue Apr 18, 2017 1:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

jh-1391 wrote:I have actually had decent luck with redemptions and availability on SkyTeam. Some of their itineraries aren't the greatest, but the points are easy to earn and availability has been good.


Don't the fuel surcharges on Skyteam get in the way of good redemption value frequently?
by Bfwolf
Tue Apr 18, 2017 1:02 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

Star Alliance (United) has been eh for me lately. Economy availability is fine, but business/first anywhere has been subpar. Huh....I've had good success with Star Alliance international award availability. I also really like Aeroplan's 55K award price for biz between the US and Western Europe. Sig...
by Bfwolf
Tue Apr 18, 2017 12:53 am
Forum: Personal Consumer Issues
Topic: How to be a good parent to an introverted kid
Replies: 29
Views: 2607

Re: How to be a good parent to an introverted kid

Anyone else have kids like this? Any advice? Should I continue to push him to go outside his comfort zone, invite kids over, chat with other kids. Or just leave it be and let him be himself without calling attention to something to where he thinks he has a problem. I'm assuming as kids get older, t...
by Bfwolf
Mon Apr 17, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

It's pretty much impossible to use them for flights to Australia, or to Europe without flying BA and paying huge fuel surcharges. Well, not impossible, but for the average person who doesn't know all the tricks it's essentially impossible. There is plenty of availability to Asia though, and South A...
by Bfwolf
Thu Apr 13, 2017 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax woes - how to contact TT?
Replies: 22
Views: 1336

Re: Turbo Tax woes - how to contact TT?

Follow the contact link and you'll eventually get to a place where you can call them and talk to somebody.
by Bfwolf
Tue Apr 11, 2017 12:50 am
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 8376

Re: Dream vacation spots?

2. Tanzania (Arusha) and Serengeti campout during the migration I am planning a trip to East Africa in February that will include flying into Arusha/Kilimanjaro and going to the Ngorongoro Conservation Area and Serengeti. You mention Arusha....was there anything you did in the area besides safari?
by Bfwolf
Fri Apr 07, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: What's in your ADP 401(k)?
Replies: 19
Views: 1310

Re: What's in your ADP 401(k)?

It's not my plan but I'm familiar with it. Yes, I imagine they have a fairly large number of participants and AUM.

Many folks here speak highly of Employee Fiduciary for small company 401ks.

https://www.employeefiduciary.com/
by Bfwolf
Fri Apr 07, 2017 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's in your ADP 401(k)?
Replies: 19
Views: 1310

Re: What's in your ADP 401(k)?

A major health care provider here in Chicago uses ADP for their 401k and it is loaded with low ER choices like Vanguard Total Bond, Vanguard Total Stock, and the Vanguard Target Retirement series.
by Bfwolf
Fri Apr 07, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help with college choice
Replies: 125
Views: 5577

Re: Help with college choice

Count me among the "Vandy is a no brainer" crowd. 17/18 year olds are, for the most part, too immature to make a decision like this on their own. They don't appreciate money like a "real" adult does. When I finished high school in California, I was deciding between Michigan (in t...
by Bfwolf
Wed Apr 05, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 253065

Re: What's Your Credit Card Rewards Strategy?

Question for those familiar with the Barclaycard Arrival Plus: I see the standard arrival is gone from the website for new applications. Does anyone know if it's still available for downgrade? And just as important, can anyone confirm that you can *keep* your miles earned with the Arrival+ and they...
by Bfwolf
Wed Apr 05, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: Lending a scooter to a friend for 3 months
Replies: 19
Views: 1689

Re: Lending a scooter to a friend for 3 months

I understand that in America, anybody can sue anybody over anything. I'm curious though what would be the basis of a lawsuit if you loan a scooter to someone and then something malfunctions in the scooter and they injure themselves? Assuming the owner had no knowledge of any issues with the scooter,...

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