Search found 442 matches

by TravelforFun
Thu Jan 12, 2017 11:16 pm
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 243
Views: 41733

Re: When people put all their eggs in the wrong basket

My son-in-law has worked for Lowes since he was in High School. I asked him if he had a 401K and was contributing. He said yes, and has 100% of his 401 K in Lowes stock. I explained the problems with "all his eggs in one basket" and working for the "chicken" that layed the eggs....
by TravelforFun
Thu Jan 12, 2017 9:32 pm
Forum: Investing - Theory, News & General
Topic: When people put all their eggs in the wrong basket
Replies: 243
Views: 41733

Re: When people put all their eggs in the wrong basket

I remember reading this thread back in 2014. So sad!
by TravelforFun
Tue Jan 10, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22716

Re: Chase Sapphire Reserve

notoriusjt2 wrote:For those of you who already have this card...

Does the annual fee get billed on the first statement?

Yes. On the first statement.
by TravelforFun
Mon Jan 09, 2017 8:10 pm
Forum: Personal Consumer Issues
Topic: Ways to charge money on Credit Card
Replies: 21
Views: 1982

Re: Ways to charge money on Credit Card

Bill paying via credit card is nice, but I prefer how they do bill payments where I am now. You take your bill that you receive in the mail and take it to the nearest 7-12 or equivalent (of which there are many, many) and pay cash for your bill there. For me, much easier. How is this easier than on...
by TravelforFun
Mon Jan 09, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22716

Re: Chase Sapphire Reserve

RubyTuesday wrote:We have $8k to spend... planning on prepaying some things as suggested and the buying wine for the balance. That's something I know we'll use and buying in advance only helps with the expense. :beer

Or you can buy Amazon gift cards from its website. They sell $2,000 cards that don't expire.
by TravelforFun
Sat Jan 07, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: How many $ to self fund long term care?
Replies: 73
Views: 4953

Re: How many $ to self fund long term care?

My mother had long term care insurance, and spent three years in assisted living, and three years in full nursing care. Although she was in a VERY nice place, run by the Sisters of Saint Joseph, no one should ever hope that they get to cash in on their long term care policy. Just as no one should e...
by TravelforFun
Sat Jan 07, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: How many $ to self fund long term care?
Replies: 73
Views: 4953

Re: How many $ to self fund long term care?

I'm not putting aside anything at all for the purpose of long-term care. If I reach the point of not being able to afford the care I need, then I will die. Good bottle of tequila and a lawn chair at low tide. :P Easy to say that now but I think the older people get, the more they're afraid of death.
by TravelforFun
Sat Jan 07, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody else Age - 10 in bonds, rest in stocks
Replies: 58
Views: 3866

Re: Anybody else Age - 10 in bonds, rest in stocks

64, 65/35 and will maintain this AA for as long as I can. My safe withdrawal rate will be 3% and this AA would allow me to weather at least 11 consecutive years of down market.
by TravelforFun
Sat Jan 07, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: Alaska cruise - Help me convince my family
Replies: 57
Views: 3647

Re: Alaska cruise - Help me convince my family

I've done many Caribbean cruises but never an Alaskan one because I keep hearing those cruises have mostly older people and it's pretty dead after 8 pm.
by TravelforFun
Thu Jan 05, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve: Too good to be (completely) true
Replies: 186
Views: 25094

Re: Chase Sapphire Reserve: Too good to be (completely) true

I just signed up for this to beat the deadline and when I got my approval, I saw a list of a number of the cards benefits but no mention of the bonus. Is this typical, or does this mean I did something wrong in the application process? Thanks. You did nothing wrong. My wife applied for one yesterda...
by TravelforFun
Tue Jan 03, 2017 10:45 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 38
Views: 3582

Re: Bitcoin Investment

You understand investing is about buying low and selling higher, right? Looks like you bought around $30 under it's all time high. High prices lead to lower returns. Unless you're expecting some momentum effect here? Better times to have bought were 2013 or before or January 2015. Do you think you'...
by TravelforFun
Tue Jan 03, 2017 9:43 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 38
Views: 3582

Re: Bitcoin Investment

You understand investing is about buying low and selling higher, right? Looks like you bought around $30 under it's all time high. High prices lead to lower returns. Unless you're expecting some momentum effect here? Better times to have bought were 2013 or before or January 2015. Do you think you'...
by TravelforFun
Thu Dec 29, 2016 9:27 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 38
Views: 3582

Re: Bitcoin Investment

You understand investing is about buying low and selling higher, right? Looks like you bought around $30 under it's all time high. High prices lead to lower returns. Unless you're expecting some momentum effect here? Better times to have bought were 2013 or before or January 2015. Do you think you'...
by TravelforFun
Thu Dec 29, 2016 3:58 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 38
Views: 3582

Re: Bitcoin Investment

lazydavid wrote:
2Birds1Stone wrote:You waited till a massive runup to purchase crypto currency?

Good luck. :sharebeer


:oops: Headshaker for me too. The price has nearly doubled in the past 60 days, and NOW is the ideal time to buy? Sounds like performance chasing, fun money or not.

Who knows when the massive runup will end?
by TravelforFun
Thu Dec 29, 2016 3:36 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 38
Views: 3582

Re: Bitcoin Investment

orca91 wrote:OP, it shows you have been a member since 2012.

Have you missed the many threads on Bitcoin over the last few years? :happy

Nope. Read them all. My definition of 'play money' is it can be lost whether in stock market or Vegas.
by TravelforFun
Thu Dec 29, 2016 3:13 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Purchase
Replies: 38
Views: 3582

Bitcoin Purchase

I used some play money and bought some bitcoin shares today. Any bogleheads mess with highly speculative and wildly volatile products like bitcoin?
by TravelforFun
Mon Dec 26, 2016 12:49 am
Forum: Investing - Theory, News & General
Topic: What gets cheap when the dollar gets strong
Replies: 32
Views: 5399

Re: What gets cheap when the dollar gets strong

A strong dollar is great for travelers who go to Europe often like me. $1 was equal to 0.70 Euro in 2014 and 0.96 Euro now. Great buying power overseas for Americans.
by TravelforFun
Sat Dec 24, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance (LTC) - Coverage decision
Replies: 11
Views: 1128

Re: Long term care insurance (LTC) - Coverage decision

itstoomuch wrote:IMO, those are wealthier will continue to subsidize the less so. It is just a matter if you can cost share this with an insurance company. Very philosophical.
YMMV

Not the wealthiers but the healthiers.
by TravelforFun
Thu Dec 22, 2016 11:32 am
Forum: Personal Consumer Issues
Topic: Afraid of retirement??
Replies: 55
Views: 4094

Re: Afraid of retirement??

As a full-time engineer and young father of three in my mid-30s, I can't imagine the mindset of "what will I do with my free time?" I am feverishly cramming my personal life, hobbies, and interests into nights and weekends. Are there really people out there whose lives are so empty of goa...
by TravelforFun
Thu Dec 22, 2016 11:11 am
Forum: Personal Consumer Issues
Topic: Afraid of retirement??
Replies: 55
Views: 4094

Re: Afraid of retirement??

For those who are afraid of retirement, let me suggest another option. Talk to your boss about working part time. I started working three days a week three months ago and have been thoroughly enjoying it. More time to do things I want to do but can stil stay engaged plus the four-day weekend every w...
by TravelforFun
Wed Dec 14, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: [55% of households have Zero Credit Card Debt]
Replies: 30
Views: 2889

Re: US households (indebted) average $16k credit card debt!!!

I took advantage of the 12-month 0% cash advance offers from CC companies repeatedly in the early 80s to invest and that helped me build wealth. My accumulated balance was as high as $100-$150K but I always paid off each CC balance at the end of the term so never got stuck with high interest penalti...
by TravelforFun
Wed Dec 14, 2016 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Age to Take Social Security: The Ideal and the Reality
Replies: 86
Views: 12007

Re: Age to Take Social Security: The Ideal and the Reality

I also wonder what the prognostication is for people with tax-deferred assets, considering RMDs begin at age 70 1/2. (Of course you don't have to spend the RMD). It's a complex decision you only have one shot at getting it right! Actually you have a lot of chances,you can decide again every year(ta...
by TravelforFun
Tue Dec 13, 2016 12:49 pm
Forum: Local Chapters and Bogleheads Community
Topic: Boglehead's newest millionaire
Replies: 89
Views: 8851

Re: Boglehead's newest millionaire

Congratulations! Your asset should double in 7 or 8 years at that time, you can call yourself a multimillionaire.
by TravelforFun
Sun Dec 11, 2016 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: There are no tax consequences to trading funds within a Roth IRA, right?
Replies: 11
Views: 1443

Re: There are no tax consequences to trading funds within a Roth IRA, right?

Toons wrote:Correct.
There are no tax consequences when executing transactions within the Roth Ira.
:happy

Not only Roth. Any IRAs.
by TravelforFun
Sun Dec 11, 2016 11:12 am
Forum: Personal Finance (Not Investing)
Topic: In a tough situation with a leased vehicle
Replies: 23
Views: 2682

Re: In a tough situation with a leased vehicle

Did anyone discuss Option 3 and that is pay the company $300 a month to get its car, and sell the leased car and pay the difference? No more liability, tag and inspection fee, insurance, repairs, extra parking, and headache.
by TravelforFun
Fri Dec 09, 2016 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity transfer bonus
Replies: 14
Views: 1824

Re: Fidelity transfer bonus

Does Fidelity offer anything else besides the one-time transfer bonus? My account is at Schwab and every year they give me 4 tickets to their VIP section of the great Byron Nelson Tournament in Dallas. We love it!
by TravelforFun
Fri Dec 09, 2016 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 127
Views: 8411

Re: HSA - is keeping 40 years of medical records practical?

I did not read the whole thread but did anyone mention to downloadand save a copy of your annual health/dental/vision insurance statements? They should cover all the big stuff which should exceed your HSA over a long period. No need to scan and keep copies of the small stuff.
by TravelforFun
Mon Dec 05, 2016 9:25 am
Forum: Personal Consumer Issues
Topic: CBP (INS) Global Entry program worth it?
Replies: 38
Views: 1968

Re: CBP (INS) Global Entry program worth it?

Also note that it may take a while to get your appointment for an interview... Mine is tomorrow, and it was the first available when I signed up in June! This is SFO, which seemed particularly bad on appointment availability. I might have been able to pick up a cancellation sooner, but didn't bothe...
by TravelforFun
Sun Dec 04, 2016 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 107
Views: 10586

Re: Feeling like you've "made it"

You're doing fine for a 30-year-old so relax or someone may quote a Ferris Bueller on you, "You're too uptight. If someone stuck a lump of coal up your ___, it would turn into a diamond in a week.". :D
by TravelforFun
Sat Dec 03, 2016 11:34 am
Forum: Personal Consumer Issues
Topic: CBP (INS) Global Entry program worth it?
Replies: 38
Views: 1968

Re: CBP (INS) Global Entry program worth it?

Also note that it may take a while to get your appointment for an interview... Mine is tomorrow, and it was the first available when I signed up in June! This is SFO, which seemed particularly bad on appointment availability. I might have been able to pick up a cancellation sooner, but didn't bothe...
by TravelforFun
Fri Dec 02, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: Howard Schultz stepping down [Starbucks CEO]
Replies: 11
Views: 1576

Re: Howard Schultz stepping down [Starbucks CEO]

Bought SBUX on 12/8/2011 at $43.45 a share. I think I've held them long enough. Will sell on Monday.
by TravelforFun
Fri Dec 02, 2016 6:55 pm
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 69
Views: 7588

Re: Gift To Self

My gift to myself is always about these things: getting rid of possessions, seeking inner peace, and staying away from the masses. Where they go, I avoid. Getting rid of things makes me feel freer and happier. I used to sell a lot on eBay, but since eBay changed the rules to benefit scam-artist buy...
by TravelforFun
Wed Nov 30, 2016 7:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 62
Views: 5211

Re: livesoft is almost at 50,000 posts...

Average 14 posts a day every day for the last 9 1/2 years. Amazing!
by TravelforFun
Tue Nov 29, 2016 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: "behavioral" not financial approach to paying down/off credit cards?
Replies: 38
Views: 2872

Re: "behavioral" not financial approach to paying down/off credit cards?

Roll over all his debts to a 0% balance transfer credit card and try to pay off the CC balance within the term or roll the remaining balance at the end of the term to another 0% card. This is one way to treat the symptom but he needs to eliminate the cause ... stop spending money he doesn't have.
by TravelforFun
Tue Nov 29, 2016 8:21 pm
Forum: Investing - Help with Personal Investments
Topic: Are we on the right track for retirement?
Replies: 14
Views: 1629

Re: Are we on the right track for retirement?

I would just invest enough in 401k and 403b to get the company matches, and concentrate on the high interest loan. Do not pay off mortgage while you still have the higher, non-deductible hanging over your head.
by TravelforFun
Tue Nov 29, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: Credit Card bonuses
Replies: 19
Views: 2599

Re: Credit Card bonuses

I just got a $500 bonus from the chase sapphire preferred and another $500 for my wife. $1000 for doing almost nothing differently was pretty nice. I'm new to this. How many different cards per year can you do this on and not have your credit score drop significantly? I hear stories of people "...
by TravelforFun
Mon Nov 21, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax Retirement Accounts and Pensions in Networth
Replies: 37
Views: 3814

Re: Pre-tax Retirement Accounts and Pensions in Networth

Is calculating net worth really actionable?. Of course it is. Your net worth tells you how close you are to your financial freedom day. This is a question which comes up a lot. Most people would not include the value of their residences in their portfolio because "you'd have to live somewhere....
by TravelforFun
Mon Nov 21, 2016 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Take SS at 62 or wait ?
Replies: 74
Views: 7912

Re: Take SS at 62 or wait ?

Having a rule of thumb for SS benefit receiving timing is pointless because everyone's situation is different. Are you single or married? How is your or your spouse's heath? Who is older and by how much? Who has higher PIA? Do you have money to live on if you're delaying? How is your tax situation? ...
by TravelforFun
Sun Nov 20, 2016 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 8271

Re: Do you track your net worth? How long have you done so?

I've been tracking my net worth monthly since 1977 right after I graduated from college and got my first job. It's fun and motivating to see the liability amounts steadily going down and the asset amount going up. I highly recommend net worth tracking.
by TravelforFun
Sun Nov 20, 2016 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax Retirement Accounts and Pensions in Networth
Replies: 37
Views: 3814

Re: Pre-tax Retirement Accounts and Pensions in Networth

Artsdoctor wrote:Is calculating net worth really actionable?.

Of course it is. Your net worth tells you how close you are to your financial freedom day.
by TravelforFun
Sun Nov 20, 2016 12:35 am
Forum: Investing - Help with Personal Investments
Topic: facebook
Replies: 45
Views: 5211

Re: facebook

You bought it at $50? Wow! That's great! I bought at $74 and it's now 6% of my portfolio. I think I'll hang on to it for a while. OP, what percentage of your portfolio was it when you bought? You should have bought 15% when it was $50 and it would likely be 30% of your portfolio today. You can hang...
by TravelforFun
Wed Nov 16, 2016 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: facebook
Replies: 45
Views: 5211

Re: facebook

You bought it at $50? Wow! That's great! I bought at $74 and it's now 6% of my portfolio. I think I'll hang on to it for a while.
by TravelforFun
Tue Nov 15, 2016 12:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2017!
Replies: 23
Views: 2967

Re: Roll Call for the Retirement Class of 2017!

Was going to be in the Class of 17 but worked out a deal with the boss which allows me to work three days a week and keep the benefits. Best of both worlds. Full retirement postponed until further notice.
by TravelforFun
Tue Nov 15, 2016 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Age 92 Dad Wants to Boost stocks
Replies: 52
Views: 5164

Re: Age 92 Dad Wants to Boost stocks

Get him on this forum so he can discuss his own finance.
by TravelforFun
Sun Nov 06, 2016 9:10 pm
Forum: Personal Consumer Issues
Topic: iWatch, FitBit or...?
Replies: 15
Views: 1321

Re: iWatch, FitBit or...?

There is no iWatch. There is Apple Watch. I have an Apple Watch Series 2 and love it. It tracks everything, reminds you to stand up when you've been sitting too long, and coaches you to do breathing exercises throughout the day. Of course you need an iPhone to utilize all the functions of the Apple ...
by TravelforFun
Thu Nov 03, 2016 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22716

Re: Chase Sapphire Reserve

afan wrote: For me "pleasure travel" is an oxymoron.

Not for us. We live to travel. I always have two or three trips lined up at any one time. I guess it's different stroke for different folk.
by TravelforFun
Thu Nov 03, 2016 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22716

Re: Chase Sapphire Reserve

I have both Citi Aadvantage Executive and Chase Saphire Reserve card. While the CAE card allows me and my wife access to all American Airlines Admiral Clubs, CSR card only allows me the platinum lounge access unless I pay an extra $75 for my wife to be an authorized user so that she can have the sa...
by TravelforFun
Thu Nov 03, 2016 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 191
Views: 22716

Re: Chase Sapphire Reserve

I have both Citi Aadvantage Executive and Chase Saphire Reserve card. While the CAE card allows me and my wife access to all American Airlines Admiral Clubs, CSR card only allows me the platinum lounge access unless I pay an extra $75 for my wife to be an authorized user so that she can have the sam...
by TravelforFun
Wed Nov 02, 2016 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard still the best place for my account?
Replies: 32
Views: 3762

Re: Is Vanguard still the best place for my account?

Moving our investment portfolio to Vanguard was the best financial decision we ever made. I would consider Vanguard for all your investment purposes and keep everything simple. An advantage is the investor will only need to be familiar with one type of account, policies, tax reporting, fees, accoun...

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