Search found 577 matches

by BogleMelon
Tue Jun 27, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Price on ETF and the Mutual Fund, What?
Replies: 10
Views: 425

Re: Price on ETF and the Mutual Fund, What?

A simple way to explain it, because the quantity of companies stocks under the ETF version is more than the mutual funds. When you buy 1 ETF you buy about double ($60*2=~$120) of every thing you would buy under the mutual fund. In other words it is a ratio and proportion, at the end you would end up...
by BogleMelon
Sun Jun 25, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

So, which bank bonuses are actually 'churnable'? Meaning you get the bonus and you can reapply for them? Is there a list kept by anyone? I have looked at doctorofcredit website already but did not find such a list. Thanks I believe that Chase is really churnable. you have to buy/get their coupon fi...
by BogleMelon
Fri Jun 23, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

+1 to read the fine print. And I did. Capital one has no closure fees at all. A good summary: "Early account termination fee: None" http://www.doctorofcredit.com/capital-one-360-200-money-market-bonus-publicly-available-1-apy-requires-10000-deposited/ Some banks also pull the bonus if you...
by BogleMelon
Fri Jun 23, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

Read the fine print - look for early closure fees. +1 to read the fine print. And I did. Capital one has no closure fees at all. A good summary: "Early account termination fee: None" http://www.doctorofcredit.com/capital-one-360-200-money-market-bonus-publicly-available-1-apy-requires-100...
by BogleMelon
Fri Jun 23, 2017 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

Read the fine print - look for early closure fees. +1 to read the fine print. And I did. Capital one has no closure fees at all. A good summary: "Early account termination fee: None" http://www.doctorofcredit.com/capital-one-360-200-money-market-bonus-publicly-available-1-apy-requires-100...
by BogleMelon
Thu Jun 22, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

Do banks blacklist people for doing things like that. Are you asking me or telling me? Well in both cases, I don't really care about the blacklist thing. I still have my main saving account and my main checking account. I don't think I will be banned forever from using banking service because of cl...
by BogleMelon
Thu Jun 22, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

We opened 2 accounts, 1 for me 1 for my wife: Opened and funded each with $10K: 06/13 Balance was available to withdraw: 06/21 (I then transferred both amounts back to our Ally joint bank) $200 rewarded for each account+small interest: 06/22 (Transferring the money and closing the account) Easiest $...
by BogleMelon
Thu Jun 22, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Which type of Vangaurd [fund]?
Replies: 16
Views: 1235

Re: Which type of Vangaurd [fund]?

This sounds dumb, but are the Wellington and LifeStrategy funds 401K? I have a retirement 401K and 357B through work with Transamerica---can I still put money into these Vanguard accounts? Will these accounts be taxed then when I take money out now or in retirement? I guess I'm a bit confused on ho...
by BogleMelon
Sat Jun 17, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Are there any online checking accounts that have checks?
Replies: 40
Views: 4792

Re: Are there any online checking accounts that have checks?

Another fan of Charles Schwab Checking. Wish I heard about it years ago
by BogleMelon
Sat Jun 17, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Total US or Vanguard 2050?
Replies: 14
Views: 1530

Re: Total US or Vanguard 2050?

Target 2050. Can't go wrong with that. Cheers! Well, technically he can! Target 2050 has a high risk level. It is a good fund, I am not disputing that of course, but just don't want the OP to get an idea that good funds are risk free. Investing comes with risk, and risk means there is a chance that...
by BogleMelon
Sat Jun 17, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Total US or Vanguard 2050?
Replies: 14
Views: 1530

Re: Total US or Vanguard 2050?

You have first to know what is your desired overall asset allocation. If your desired AA is: 70 US stocks, 20 Intl Stocks and 10 Bonds, then you have to keep it the same after adding up all the accounts (including your new Roth fund). Please check the Wiki on this topic: https://www.bogleheads.org/w...
by BogleMelon
Thu Jun 15, 2017 7:30 am
Forum: Personal Consumer Issues
Topic: scary phone calls [phone scams]
Replies: 35
Views: 3230

Re: scary phone calls

Why this is "Scary" to you? anyone can call any number claiming anything!
by BogleMelon
Tue Jun 13, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

No, this one: https://www.capitalone.com/bonus400/ Targeted or not, people are getting the bonus so I applied. No credit pull, no special hoops or delays. I don't have my $400 yet since my second direct deposit just posted a couple days ago but I'm optimistic based on the feedback at doctorofcredit...
by BogleMelon
Tue Jun 13, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

I just opened an account and used the code. While the code box turned green, and I got no error, I also didn't see any confirmation (I may have missed it). So I contacted them by chat and was told this was a targeted offer. I'm not even sure she actually checked my account. I will let the transfer ...
by BogleMelon
Tue Jun 13, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 199
Views: 20150

Re: Capital One 360 $200 bonus

So, If I open the account, deposit $10K, after 1 day withdraw the 10K leaving the account balance at zero, will I still get my bonus after couple of weeks? or the $10K has to be there till I get the bonus?
by BogleMelon
Sat Jun 10, 2017 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 553
Views: 134593

Re: Share your net worth progression

YNAB 4 (classic). It is mainly a zero-based budgeting software and methodology (that I find it awesome and incomparable). Reports too -as you see- are cool. I have tried Mint from Jan 2015 to July 2015, but was mediocre compared to YNAB 4 Disclaimer: I do not work for the company or make any commis...
by BogleMelon
Sat Jun 10, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 553
Views: 134593

Re: Share your net worth progression

At 2015 I started tracking my net worth BogleMelon - what do you use for your neat graph to plot your net worth? 8-) YNAB 4 (classic). It is mainly a zero-based budgeting software and methodology (that I find it awesome and incomparable). Reports too -as you see- are cool. I have tried Mint from Ja...
by BogleMelon
Sat Jun 10, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 553
Views: 134593

Re: Share your net worth progression

Came to USA at 2012 with about just $5K! (Thanks to the exchange rates), almost ran out of money at the end of that year. Found a job at 2013 and life started to be reasonable. At 2015 I started tracking my net worth:
Image
by BogleMelon
Sat Jun 10, 2017 4:52 pm
Forum: Personal Consumer Issues
Topic: learning Arabic
Replies: 19
Views: 1607

Re: learning Arabic

I am a native Arabic speaker, the problem with Arabic is that it has so many dialects. Unlike English, if she learns Arabic from say a Lebanese person, she may not understand the Emirates Arabic and so on. It is not just the dialect but the vocabulary itself which is different sometimes. And there i...
by BogleMelon
Fri Jun 09, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: Jim Rogers predicting "crash of a lifetime" this year or next
Replies: 89
Views: 10131

Re: Jim Rogers predicting "crash of a lifetime" this year or next

Blodget: And what will trigger it? Rogers: ...... I don’t know . It could be an American pension plan that goes broke and many of them are broke, as you know. It could be some country we’re not watching. It could be all sorts of things. It could be war. Unlikely to be war but it’s going to be somet...
by BogleMelon
Fri Jun 09, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help me understand how to compare stocks
Replies: 12
Views: 831

Re: Help me understand how to compare stocks

They shouldn't be compared. The first is actively managed fund with high ER, the second is index fund with the lowest ER you can get. If you ask which one to go with, definitely the second, but you are not yet ready. For now you have to read more and understand a lot about investing, then come back ...
by BogleMelon
Fri Jun 09, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Opticians: is there any difference in quality of Costco glasses?
Replies: 37
Views: 5668

Re: Opticians: is there any difference in quality of Costco glasses?

I am pretty sure you will like this:

Adam Ruins Everything - The Conspiracy Behind Your Glasses
https://www.youtube.com/watch?v=CAeHuDcy_bY
by BogleMelon
Thu Jun 08, 2017 2:57 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 103
Views: 6520

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

That person who made a killing in at one of these stock, is the same person who lost a fortune in another stock. Otherwise that person would know how to predict the future and beat the market consistently which is never heard of! So next time when they say that, you say "and I beat that person'...
by BogleMelon
Thu Jun 08, 2017 7:15 am
Forum: Personal Finance (Not Investing)
Topic: How often do you redeem your credit card cash rewards?
Replies: 54
Views: 2992

Re: How often do you redeem your credit card cash rewards?

Every time my card company allows me to cash them out, I cash them out ($25 incremental). The money goes into my budget, as if it was regular earned money. $50 reward is treated as regular $50. I don't discriminate dollars based on their source
by BogleMelon
Thu Jun 08, 2017 7:13 am
Forum: Personal Finance (Not Investing)
Topic: How often do you redeem your credit card cash rewards?
Replies: 54
Views: 2992

Re: How often do you redeem your credit card cash rewards?

Bwise1 wrote:I don't pay any attention to cc points until they are worth $2000 ish. We put them towards vacation or something my wife has been wanting but won't buy for herself.

I usually make sure she wins.

Be aware of "mental accounting"
by BogleMelon
Wed Jun 07, 2017 8:07 pm
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 75
Views: 5008

Re: AAA Cost

NJ $115.50 for 1 person (Plus)
by BogleMelon
Wed Jun 07, 2017 8:53 am
Forum: Investing - Theory, News & General
Topic: Why You Still Can’t Trust Your Financial Adviser
Replies: 54
Views: 5586

Re: Why You Still Can’t Trust Your Financial Adviser

If you're lucky enough to fall into some cash and/or happen to have a spouse that doesn't have a clue about money and you might, ya know, die someday and leave it to them, a trustworthy FA for them to know in person is a good thing. Scout it out, find a good one with a solid reputation and a guidin...
by BogleMelon
Tue Jun 06, 2017 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Small tax refund or owing taxes?
Replies: 35
Views: 2060

Small tax refund or owing taxes?

Currently I set my W4's so that I end up with about $500 in Federal tax refund. I can adjust this to make it as close to zero as possible or even owe the IRS some money (without the penalty). My question is does it really worth the hassle to change? I mean the lost interest of $500 is not that big a...
by BogleMelon
Mon Jun 05, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Received inheritance, feel paralyzed as to what to do next
Replies: 16
Views: 2096

Re: Received inheritance, feel paralyzed as to what to do next

Financial education should be the first thing you seek. Reeving inheritance while have no or very little financial knowledge is the same as receiving a sport car as a gift, while having no idea on how to drive! The first thing to know is how this thing works. Knowledge is a major factor that will ch...
by BogleMelon
Sun Jun 04, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3160

Re: Budgeting

YNAB 4 (the classic version)
It works like no other software. The methodology of it will make your mind blowing.
Disclaimer: I am not affiliated with the company or make any commissions!

Also: "Pay yourself first" works for a lot of people. But YNAB is still superior for budgeting.
by BogleMelon
Sat Jun 03, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 4525

Re: Is there a way on earth to reduce SS taxes?

you have not reached the first bend point. All your money that you pay before first bend point earn about 11.1% per year if you are married. So, please tell me why this is not a great investment? KlangFool IDK, I was under the impression that it is a bad investing for people who make money and know...
by BogleMelon
Sat Jun 03, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 4525

Re: Is there a way on earth to reduce SS taxes?

Reducing SS taxes is close to break-even at worst, unless you are self-employed or the tax doesn't increase your benefit. If you are past the second bend point but your employer is paying half the SS tax, $214 more paid into SS (including the 1.45% Medicare) increases your monthly benefit by $1 adj...
by BogleMelon
Fri Jun 02, 2017 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Different Flavor Should I Time the Market
Replies: 7
Views: 701

Re: Different Flavor Should I Time the Market

Sorry for your wife situation and wish you both the best. Why you call this time the market? It is an inevitable change in the personal circumstances. You needed the money invested for the long term, but now things changed and you need the money without the risk.. IDK but that doesn't seem like timi...
by BogleMelon
Fri Jun 02, 2017 2:54 pm
Forum: Forum Issues and Administration
Topic: Email notification stop working 100%
Replies: 7
Views: 762

Re: Email notification stop working 100%

Recently I have noticed that even when I have "Notify me when a reply is posted" checked, I sometimes do not get any email notifications when a new post is posted to a thread. Not sure if this is just me, or anyone else having this. It is not my email client since I, sometimes, get the no...
by BogleMelon
Fri Jun 02, 2017 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 4525

Re: Is there a way on earth to reduce SS taxes?

It is one of the best investment option available. KlangFool That is a sarcasm, right? BogleMelon, No. It is the truth. Based on what you had posted so far, you have not passed the first bend point yet. You could not get a better return than social security. KlangFool Thanks, but what is the first ...
by BogleMelon
Fri Jun 02, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 4525

Re: Is there a way on earth to reduce SS taxes?

delamer wrote:FSA and HSA contributions lower your reported earnings and taxes. Your Social Security benefits may be slightly reduced though.

It is good to know! Thanks
by BogleMelon
Fri Jun 02, 2017 2:50 pm
Forum: Forum Issues and Administration
Topic: Email notification stop working 100%
Replies: 7
Views: 762

Email notification stop working 100%

Recently I have noticed that even when I have "Notify me when a reply is posted" checked, I sometimes do not get any email notifications when a new post is posted to a thread. Not sure if this is just me, or anyone else having this. It is not my email client since I, sometimes, get the not...
by BogleMelon
Fri Jun 02, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 4525

Re: Is there a way on earth to reduce SS taxes?

KlangFool wrote:
It is one of the best investment option available.

KlangFool

That is a sarcasm, right?
by BogleMelon
Fri Jun 02, 2017 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 4525

Is there a way on earth to reduce SS taxes?

Almost all "tax efficient" posts and articles point to Federal and state taxes. I have read nothing that refers to SS taxes efficiency (while working as an employee). Is there such a way to have this tax reduced?
by BogleMelon
Fri Jun 02, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Does someone 60+ need more than 10 years expenses in FI?
Replies: 39
Views: 3855

Re: Does someone 60+ need more than 10 years expenses in FI?

I would look at my budget and see if this is really needed. For example, when would I need another car, and how much it would cost? What about any medical emergency event that could need some cash as a copayment or deductible while the market is down? Also I would think about all the recreational st...
by BogleMelon
Thu Jun 01, 2017 8:09 am
Forum: Personal Consumer Issues
Topic: What Do You Pay for an Oil Change?
Replies: 129
Views: 7478

Re: What Do You Pay for an Oil Change?

I always look for the $19.99 offer. A friend of mine found a $9.99 offer couple of days ago!
by BogleMelon
Wed May 31, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Laptop Purchase at Costco?
Replies: 45
Views: 19638

Re: Laptop Purchase at Costco?

Something to watch out (depends on your state). Here in NJ, the sales tax at the warehouses are being charged before the discounts (on MSRP price)! This is somehow legally fine! Example: state tax here is 6.875%. An item with MSRP $1000 at Costco, and discounted to $500, would have a state tax of $6...
by BogleMelon
Sun May 28, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Where to save for house downpayment?
Replies: 12
Views: 1352

Where to save for house downpayment?

I know that this have been discussed here before, but I still need a tailored advice. Just started a house downpayment plan. It will take us about 5 years to save 20% of the home price (Target is $55K). I already max out both My roth IRA and spouse roth (in addition to some 401K's but can't max out ...
by BogleMelon
Fri May 26, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Great Depression Lesson - Is Total Bond Market Too Risky?
Replies: 28
Views: 4592

Re: Great Depression Lesson - Is Total Bond Market Too Risky?

For me, Vanguard Vanguard Total Bond Market Index Fund is the only bond fund that I am using. And I am using bonds not for their returns. Bonds for me is primarily to make the stock roller coaster ride more smooth in the tough times.
by BogleMelon
Fri May 26, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Investing money after IRAs are maxed
Replies: 9
Views: 947

Re: Investing money after IRAs are maxed

You haven't mentioned your MAGI. If you will contribute to 403b you have to make sure that your wife's traditional IRA will be still deductible. This should help: https://www.irs.gov/publications/p590a/index.html Contributing or not shouldn't affect whether her Traditional IRA contribution is deduc...
by BogleMelon
Thu May 25, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Investing money after IRAs are maxed
Replies: 9
Views: 947

Re: Investing money after IRAs are maxed

You haven't mentioned your MAGI. If you will contribute to 403b you have to make sure that your wife's traditional IRA will be still deductible.
This should help: https://www.irs.gov/publications/p590a/index.html
by BogleMelon
Thu May 25, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund / House down payment
Replies: 2
Views: 316

Re: Emergency Fund / House down payment

2 years is even too risky to invest in bonds (except for I-bonds) which I recommend along with
- High Yield Saving account
- 2-year CD
by BogleMelon
Thu May 25, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 74
Views: 8414

Re: When does Saving become missing out on life?

There is frugality and there is cheap. Difference IMO is about values. If your money meet with ur values while saving, then that is frugality, if you feel miserable and missing something in your life, then I would say you should start to reconsider how to reallocate your money so it realigned with w...
by BogleMelon
Wed May 24, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate tax benefit of owning a home
Replies: 28
Views: 1604

Re: How to calculate tax benefit of owning a home

Grt2bOutdoors wrote:What tax benefit?

If you compare owning financing a home Vs living in the street buying cash, then you are right there is no tax benefit. If you are comparing financing a home Vs renting then yes, there is a tax benefit of financing over renting.

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