Search found 882 matches

by Jags4186
Fri May 26, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Risky to ask for raise with another offer?
Replies: 28
Views: 1963

Re: Risky to ask for raise with another offer?

Went through very similar situation: Received competitive offer for essentially same job + $20k salary. Offer was received in January right about after my review where I was told I wasn't getting a raise (but healthy bonus). Went to boss told him I really liked the company and didn't want to leave b...
by Jags4186
Thu May 25, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

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 Jags4186
Thu May 25, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

I took the plunge today for the MileagePlus Explorer card. I couldn't pass up the 75K miles. Will come in handy for trip to AU/NZ. The annual fee is $99 but it should save bag fees totaling more than that each year. I'm only seeing 50k miles for $3k of spend, 5k for adding an auth. user, and anothe...
by Jags4186
Thu May 25, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: When does Saving become missing out on life?
Replies: 55
Views: 4793

Re: When does Saving become missing out on life?

Something I've personally been struggling with lately, when does saving become obsessive? At 33, I find myself being obsessed with saving and cutting corners as much as I can (I don't even pay for Cable or Trash Service; only use netflix and convinced parents to let me use their trash service (they...
by Jags4186
Thu May 25, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: best way to buy tires
Replies: 38
Views: 1992

Re: best way to buy tires

I've bought on Tire Rack when there is a nice manufacturer mail in rebate. Recently I bought a set of Kumho tires, I received a $75 manufacturer mail in rebate and I also received 8% cashback by buying through a cashback portal (I use topcashback.com...if you'd like to join I can offer you a referra...
by Jags4186
Wed May 24, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate tax benefit of owning a home
Replies: 28
Views: 1434

Re: How to calculate tax benefit of owning a home

It's a goldilocks benefit. If you buy too modest or too expensive of a house you don't see the advantage. Let me give you an idea of how owning a home would help someone like me: Hypothetical situation Married filing jointly 25% tax bracket: $500,000 property, $400,000 30yr mortgage at 3.75% -- Year...
by Jags4186
Wed May 24, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus Master List
Replies: 26
Views: 3285

Re: Bank Bonus Master List

I'm waiting for my BMO Harris bonus...2nd DD posted on 4/12. Other than that I'm doing my best to close down everything that's currently open. I had over 40 checking accounts at one point it just got unmanageable. Did you do the M&T bonus churn? Any how much money did you make on 40 accounts? M...
by Jags4186
Wed May 24, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus Master List
Replies: 26
Views: 3285

Re: Bank Bonus Master List

I'm waiting for my BMO Harris bonus...2nd DD posted on 4/12. Other than that I'm doing my best to close down everything that's currently open. I had over 40 checking accounts at one point it just got unmanageable.
by Jags4186
Wed May 24, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

Starwood Amex up for annual renewal @ $95. I rarely stay at Starwood properties and I believe staying is the only way to earn these points. Any creative strategies to justify keeping and paying the AF? I tried to get it waived, they refused. oh well. Thanks You can ask for points instead of a AF re...
by Jags4186
Wed May 24, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 1733

Re: Missed window for selling Fairholme Fund (FAIRX)?

OP the fact that you are considering holding out on this fund until some announcement on Fannie and Freddie tells me you need to sell this fund ASAP. You cannot emotionally handle a fund like this.
by Jags4186
Tue May 23, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

That said, I'm currently above 5/24 and already have a CSR which I plan to cancel by the end of the year before the next annual fee comes due. -Steph Steph, Before you cancel a CSR ensure that you have another Chase card to hold and transfer URs. Victoria Don't cancel, downgrade to a Chase Freedom....
by Jags4186
Tue May 23, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: At what point to buy new car for safety
Replies: 74
Views: 4364

Re: At what point to buy new car for safety

in answer to the original question: never. Bingo. I'll let everyone else buy cars that have lane departure and auto braking and beeps and boops and whatever else everyone here thinks is important. That way I don't have to worry about other's crashing into me. My newest car (Honda Civic LX) came sta...
by Jags4186
Tue May 23, 2017 8:36 am
Forum: Investing - Theory, News & General
Topic: Why Invest in Average?
Replies: 34
Views: 2968

Re: Why Invest in Average?

"...but investment isn't about achieving average, it's about achieving goals." I would call BS and ask, "Who's goals? Invesco's revenue goals? Or my goals?" Then I would call BS... If anything you are able to achieve your goals with less risk because your index funds will likely...
by Jags4186
Tue May 23, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: Why Invest in Average?
Replies: 34
Views: 2968

Re: Why Invest in Average?

I really get the allure and marketing of "don't be average". I mean after all, to beat say the S&P 500 all you'd need to do is avoid a couple of bad stocks in the index and you'd win! Anyone should be able to pick a few junky stocks out of 500, right? The problem is what was yesterday'...
by Jags4186
Tue May 23, 2017 6:42 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

Just keep opening them online. No secret sauce. I always did an ACH push to trigger DD. Can you open more than one account of the same type simultaneously? Which bank did you use the ACH push from? Thanks..... I never did multiple at once I always waited until I got the bonus before opening another...
by Jags4186
Mon May 22, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

Just keep opening them online. No secret sauce. I always did an ACH push to trigger DD. Can you open more than one account of the same type simultaneously? Which bank did you use the ACH push from? Thanks..... I never did multiple at once I always waited until I got the bonus before opening another...
by Jags4186
Mon May 22, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

We are up to over $6000 in bank bonuses this year...my goal is to get to $10k but since M&T shut us down that might be tough... I'm curious about this. Most bank bonuses are in the $100-500 range and require a latent period for re-application. How did you get $6000 in such a short time period? ...
by Jags4186
Mon May 22, 2017 6:16 am
Forum: Personal Consumer Issues
Topic: What happens to a 1 person business if the owner dies?
Replies: 12
Views: 1430

Re: What happens to a 1 person business if the owner dies?

She does mostly matrimonial work which is all billed by the hour. Of course flat rate wills and closings here and there are most welcome.
by Jags4186
Sun May 21, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: What happens to a 1 person business if the owner dies?
Replies: 12
Views: 1430

Re: What happens to a 1 person business if the owner dies?

She has a secretary who physically types of the invoices but I have no idea how often the hours works gets translated over. I mean it's small fry in the grand scheme of things but if 30 billable hours got missed that's $10,500 in uncollected receivables. And from what I know about her business she u...
by Jags4186
Sun May 21, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: What happens to a 1 person business if the owner dies?
Replies: 12
Views: 1430

What happens to a 1 person business if the owner dies?

So my mother is a solo practitioner attorney. Every year she says she's going to retire and she keeps on working. I lost my father this past year and while I obviously would never wish this in the world...what would happen if my mother passed away while still being a practicing attorney? How would y...
by Jags4186
Sun May 21, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Watching elderly family members burn money
Replies: 17
Views: 2502

Re: Watching elderly family members burn money

Is there any family obligation for the young to financially support the elders? If yes, I would make it abundantly clear that you do not agree with what they're doing and if they blow through all of their money you will be happy to assist them with changing light bulbs, getting heavy objects down fr...
by Jags4186
Fri May 19, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

As someone sitting at ~30/24, I tend to agree with you but I think one needs to look at the big picture to fully analyze the scenario you mention. Some points to consider: If you do wait out 5/24 the following occurs: * You reset your 24 mo clock on all Chase cards meaning you can get more than jus...
by Jags4186
Fri May 19, 2017 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

We are up to over $6000 in bank bonuses this year...my goal is to get to $10k but since M&T shut us down that might be tough... I'm curious about this. Most bank bonuses are in the $100-500 range and require a latent period for re-application. How did you get $6000 in such a short time period? ...
by Jags4186
Fri May 19, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

As someone sitting at ~30/24, I tend to agree with you but I think one needs to look at the big picture to fully analyze the scenario you mention. Some points to consider: If you do wait out 5/24 the following occurs: * You reset your 24 mo clock on all Chase cards meaning you can get more than jus...
by Jags4186
Thu May 18, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 8645

Re: Resigning from a job: best practices and advice?

No you are not burning bridges IMO. But there is always someone unhappy when a person quits. So you will likely find your boss or his boss is not too pleased. Especially if they find out that you planned to quit and then did not tell them until after you took 2 weeks vacation. I am also not sure of...
by Jags4186
Thu May 18, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 8645

Re: Resigning from a job: best practices and advice?

I also have a few doctor bills coming in soon and I would like to use my Health Reimbursement Account to pay for them. Is that a Health savings account or Flexible spending arrangement ? If it's the latter, you are permitted to expense up to the limit of your election amount, regardless of how much...
by Jags4186
Thu May 18, 2017 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 8645

Re: Resigning from a job: best practices and advice?

Hi everyone I figured I'd revive this thread instead of posting a new one. I have accepted a job and my start date will be June 19. I am scheduled for vacation the week of Memorial Day and figured I would come back on Monday June 5 and give my two weeks notice. After talking to a few people, it seem...
by Jags4186
Thu May 18, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why 20% House Down Payment?
Replies: 14
Views: 1827

Re: Why 20% House Down Payment?

- The money you have as principal in your house is at a risk of 100% loss until the mortgage is fully paid off. Even if you pay off the mortgage down to one last payment, if you fail to make that last payment, your equity goes to the bank in the event of foreclosure. If they foreclose on you they w...
by Jags4186
Thu May 18, 2017 5:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

In the mean time, I was turned down for CSR, twice (tried as a Chase private client with local banker helping me the 2nd time), SPG personal and business, Chase Marriott, CSR is an amazing promotion, travellight, and, IMHO, a good one to keep. If you keep getting turned down because of too many car...
by Jags4186
Thu May 18, 2017 4:48 am
Forum: Personal Consumer Issues
Topic: should I tip repairman for TV?
Replies: 27
Views: 1557

Re: should I tip repairman for TV?

I hate tipping. You never know when it's appropriate outside of extremely obvious situations (waiter, maid service at hotel, certain deliveries) and I always feel like the rate keeps going up. There is no logical argument for tipping people other than "well they need the money because their job...
by Jags4186
Tue May 16, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

[quote="travellight"]
-Amex simply cash, no AF, 3x bonus of choice, $200 after 5k spend in 6 months, 5/6/17. I like this for my restaurants @ 3x./quote]

Cash back restaurant rewards are so meh to me. Leave an 18% tip instead of 20% and pay with a 2% CB Card....boom 4% CB at restaurants.
by Jags4186
Tue May 16, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: How quick is too quick for a job offer?
Replies: 29
Views: 3279

Re: How quick is too quick for a job offer?

Just to update everyone: I did have to go out to fly out to HQ and sit through two one hour interviews. So there were 3 rounds of interviews in total: 30 minute phone with HR, 2 hour in person with hiring manager, 1 hour in person with SVP of sales, and 1 hour in person with SVP of HR. I received an...
by Jags4186
Tue May 16, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: How to stay on a budget?
Replies: 31
Views: 3153

Re: How to stay on a budget?

As others said you need to look at things on an annualized basis. If this is the first time you've ever tried to budget (and I don't mean budget as restricting, I mean budget as knowing where all your money goes) then you probably don't have a good idea of your irregular expenses. 1. Make a budget. ...
by Jags4186
Mon May 15, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1651
Views: 252968

Re: What's Your Credit Card Rewards Strategy?

If anyone has the AMEX Blue Cash Everyday card there is a targeted upgrade offer to Blue Cash Preferred--$150 after $1000 spend. What's great about this offer is that there's no hard pull on your credit, and no new line of credit bring down your AAoA. What's even better is that I took advantage of ...
by Jags4186
Mon May 15, 2017 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy a condo (from an investment standpoint)
Replies: 41
Views: 5825

Re: Why would anyone buy a condo (from an investment standpoint)

Unless there are some extremely unusual circumstances a mortgage issued by a bank for an owner occupied residence in the United States cannot be called. That's the appeal of real estate. Plenty of owners are evicted and houses and apartments are repossessed every day because they don't make payment...
by Jags4186
Mon May 15, 2017 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone buy a condo (from an investment standpoint)
Replies: 41
Views: 5825

Re: Why would anyone buy a condo (from an investment standpoint)

When using margin on stocks, yes, you can get a call and have to sell stocks, but many people have had their mortgage loans "called" too and found themselves on the street. A secured loan is a secured loan. Unless there are some extremely unusual circumstances a mortgage issued by a bank ...
by Jags4186
Sat May 13, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: What happens to BND (Total Bond Index) during a downturn
Replies: 43
Views: 3300

Re: What happens to BND (Total Bond Index) during a downturn

Thanks everyone - I appreciate you all doing some hand-holding as I get a grasp on this. I think I've understood these past few comments and do understand the mechanics of how bonds are structured (on a very basic level), I'm just not understanding how to see that on the Morningstar of Portfolio Vi...
by Jags4186
Sat May 13, 2017 9:38 am
Forum: Investing - Theory, News & General
Topic: What happens to BND (Total Bond Index) during a downturn
Replies: 43
Views: 3300

Re: What happens to BND (Total Bond Index) during a downturn

Thanks everyone - I appreciate you all doing some hand-holding as I get a grasp on this. I think I've understood these past few comments and do understand the mechanics of how bonds are structured (on a very basic level), I'm just not understanding how to see that on the Morningstar of Portfolio Vi...
by Jags4186
Fri May 12, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Experiences/vacations - how much do people do
Replies: 24
Views: 2093

Re: Experiences/vacations - how much do people do

If you enjoy and can afford it there's no problem traveling. Just don't feel pressured into doing something because you feel it's the thing to do. It's a lot of money to go to Europe, Asia, or the Caribbean. Will the $5-$10k+ you spend for 1 or 2 weeks get you the most utility? Perhaps you'd derive ...
by Jags4186
Fri May 12, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Beware Citibank Bonus Promotion
Replies: 23
Views: 3559

Re: Beware Citibank Bonus Promotion

I did the $400 for $15000 bonus for my wife and I last year. Surprise surprise, we both filed CFPB complaints to get them to pay.

Besides their Double Cash credit card I would avoid them like the plague.
by Jags4186
Fri May 12, 2017 9:04 am
Forum: Investing - Theory, News & General
Topic: What are the benefits of turning-off dividend reinvestment (and capital gains too)?
Replies: 15
Views: 1875

Re: What are the benefits of turning-off dividend reinvestment (and capital gains too)?

Keeps tax lots simplified.
Allow you to reinvest the dividends into other funds in your portfolio.
by Jags4186
Wed May 10, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: Sell a car to carmax if/when car has a "problem"?
Replies: 22
Views: 2955

Re: Sell a car to carmax if/when car has a "problem"?

You're selling a used car and getting a price to match. Not disclosing that a car has problems that may or may not be readily apparent falls under the doctrine of caveat emptor. If after their I'm assuming thorough inspection they choose to make you an offer then they are getting exactly what they p...
by Jags4186
Wed May 10, 2017 12:29 pm
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 6937

Re: Considering new approach to credit card churning

ponyboy wrote:member when credit card churning was fun?


I memba...
by Jags4186
Wed May 10, 2017 12:12 pm
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 6937

Re: Considering new approach to credit card churning

Don't cancel Chase UR cards. Downgrade to Chase Freedom. You can never have enough 5x categories. And when you've built up enough points to redeem you can always upgrade back to Sapphire Preferred to avoid 5/24 problems and retain transfer abilities.
by Jags4186
Wed May 10, 2017 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Dealership rejecting rebate after contract signed
Replies: 100
Views: 10413

Re: Dealership rejecting rebate after contract signed

Just return the car and go get a Honda.

Why deal with this headache?
by Jags4186
Sun May 07, 2017 2:19 pm
Forum: Personal Consumer Issues
Topic: United Mileage Plus CC - worth it?
Replies: 25
Views: 1669

Re: United Mileage Plus CC - worth it?

I have it and have used it as my main card for a number of years. Every few years I will augment it with a 2nd card to gain additional miles/points. For example ,I just obtained the Chase Ink Business card that offered 80K points if you spend $5K within 3 months. These points can be transferred to ...
by Jags4186
Sat May 06, 2017 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Taking over lease of Luxury car, good deal? Anything else to know?
Replies: 19
Views: 1449

Re: Taking over lease of Luxury car, good deal? Anything else to know?

You should expect to get a *great* deal when taking over a lease. The absolute max I would pay is the monthly payment and anything else he's already paid is his loss. I would also suggest subtracting the $500 you'd owe at lease end from what you'd pay him. He has no negotiating power. The only optio...
by Jags4186
Fri May 05, 2017 3:10 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18072

Re: Why save so much for when you're old?

Hi, I'm 24 yrs old and almost one year into my actuarial career (first real job). I expect to make good money in the future and have started investing since I was hired. My question is why is saving a lot for retirement so important? I get that we need money for when we're retired and no longer hav...
by Jags4186
Wed May 03, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Finding the best savings account
Replies: 7
Views: 662

Re: Finding the best savings account

Best is subjective. Need more information. How much cash do you hold? How much hassle are you willing to put up with? If you're not willing to do anything other than have money sit in an account, you can look around but 1.05% is the going competitive rate. There are other accounts that offer more bu...

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