Search found 878 matches

by awval999
Mon Apr 25, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Dealing with the "waiting game"
Replies: 26
Views: 3392

Re: Dealing with the "waiting game"

Money shouldn't be your purpose in life. It's just a part of being responsible to plan for being financially independent when you may be unable to work. If you get your financial plan set and are depressed because you can't press the fast forward button so that you're instantly old but have no need...
by awval999
Sun Apr 24, 2016 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Down payment or paydown student loan?
Replies: 4
Views: 348

Re: Down payment or paydown student loan?

You can buy a house with less than 20% down. My wife and I bought a house with 5% down (from a 403b loan no less). You can do both. Student loan debt is toxic. It needs to be paid down and quickly. But if you see yourself staying in a place for at least 7-10 years, and the price of a mortgage+taxes+...
by awval999
Sun Apr 24, 2016 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: late 30s, what career or new degree
Replies: 24
Views: 3127

Re: late 30s, what career or new degree

... I've come to realize sales/business is not what I want to do. I can do it, but I don't have any passion for it. I want to start again and do something I can enjoy for the rest of my life.... Great if you can do this without disadvantaging your family. But with a family including two small kids ...
by awval999
Sat Apr 23, 2016 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to a tax free state with good weather need advice
Replies: 97
Views: 8157

Re: Relocating to a tax free state with good weather need advice

Getting back to the original question though, I'd still love a suggestion of one town or city in an income tax free state with twelve months of "nice" weather (temperate and sunny) as it would avoid the hassle and expense of two residences. I haven't found it yet. Because it doesn't exist...
by awval999
Wed Apr 20, 2016 6:34 am
Forum: Personal Consumer Issues
Topic: A Month in Manhattan
Replies: 87
Views: 4862

Re: A Month in Manhattan

Has anyone done a nice food walking tour in NYC? I'm going in July, and would like to book one. Also, I'll be there over July 4th. Where do New Yorkers see fireworks? Not to hijack the thread... Foods of NY. http://www.foodsofny.com/ It's TripAdvisor #1 We do one every year on our trip to the City....
by awval999
Fri Apr 08, 2016 7:56 am
Forum: Personal Consumer Issues
Topic: Stay in city or move out to suburbs?
Replies: 33
Views: 2361

Re: Stay in city or move out to suburbs?

There should be a middle ground. That's what we chose.

Rented first in the center city. Then rented in the exurbs. Ended up choosing in an inner-ring suburb with great walkability. Fast commute to work. Great schools. Again we paid a premium in price per sq ft. But it is what it is.
by awval999
Tue Apr 05, 2016 8:21 am
Forum: Personal Finance (Not Investing)
Topic: starter home vs. final home
Replies: 37
Views: 3712

Re: starter home vs. final home

There is a point to be made to not buy a "starter" home and just buy what you think you'll need. But, there's a big difference between buying 4000 sq ft McMansion to "grow into" and a 900 sq ft 2 bed 1 bath condo/bungalow. We ended up buying a ~1300 sq ft (plus basement) 3 bed 2 ...
by awval999
Sun Mar 27, 2016 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: The Urge to Splurge with Plastic NYT article
Replies: 30
Views: 2665

Re: The Urge to Splurge with Plastic NYT article

I think this is generational. If I have paper cash I think of it as "free money" and spend it frivolously. I typically only have currency on vacations. While when I swipe my credit card I think of it as real money because I excel spreadsheet my bills and update them constantly. If you ask ...
by awval999
Sun Mar 13, 2016 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: For Parents Who Have Given a Child Money For Home Down Payment
Replies: 158
Views: 11053

Re: For Parents Who Have "Lent" a Child Money For Home Down Payment

I wouldn't accept a check for $200k from my parents.

Of course they don't have it to give, but I want to live my life. If there's inheritance at the end, then fine, I won't reject it, but I would never want to "borrow" from my parents (unless it was truly dire).
by awval999
Thu Mar 03, 2016 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Dumb Question - Student Loan Refinancing
Replies: 2
Views: 274

Re: Possibly Dumb Question - Student Loan Refinancing

You should be able to get lower rates with SoFi and other companies by doing variable rates (since you want to pay off so quickly anyway)
by awval999
Tue Mar 01, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Does everyone really need to save $1 million for retirement?
Replies: 225
Views: 29153

Re: Does everyone really need to save $1 million for retirement?

Every calculation I've ever done shows Social Security ALONE would be enough for me and my wife (we're only 28/30) Since I near-max Social Security every year: For example, if you retire at full retirement age in 2016, your maximum benefit would be $2,639 My spouse would be entitled to half (will be...
by awval999
Mon Feb 22, 2016 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Most Important Financial Decision: Where to Live?
Replies: 38
Views: 3449

Re: Most Important Financial Decision: Where to Live?

Wow that blog post was a pretty big whine. I live in Ohio. Probably the only city many have heard of from Ohio. I like it cause it's cheap. And it still big enough that it gets all the hipster stuff. Oh I can walk to bars and restaurants and Whole Foods. My house cost $195,000. And it's probably in ...
by awval999
Sun Feb 21, 2016 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Is there a risk of having too much equity in home?
Replies: 25
Views: 3786

Re: Is there a risk of having too much equity in home?

I cannot imagine the homeowner letting a house with 50% equity in it to be foreclosed. It makes no sense. It would be better off to sell the house on the open market and not let it go to an auction where the owner could lose significant value. I just cannot imagine a scenario like that occurring. Th...
by awval999
Thu Feb 18, 2016 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Flyer miles worth it?
Replies: 40
Views: 3096

Re: Flyer miles worth it?

Jags4186 wrote:I personally have found points to get me a better value than cash back. I also spend an inordinate amount of time reading blogs and posting on forums about miles.


^This.

The hobby is great. But travelling has to be your passion. And you have to be OK with jumping through lots of hoops.
by awval999
Mon Feb 08, 2016 9:07 am
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 110
Views: 6859

Re: Sibling's destination wedding?

Never been in this situation with a sibling, but was in it with a good friend of my ex-wife's. My ex ended up going without me, but I wasn't too happy about it. IMO, it is unbelievably selfish on the part of the bride and groom - if you want an expensive destination wedding, don't expect others to ...
by awval999
Sat Feb 06, 2016 6:25 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 103
Views: 11604

Re: Anyone travel without hacking?

I generally don't like traveling because of the expense and time sunk into planning, but there are some places (internationally) my wife and I would like to visit someday. When I see all the threads and blogs on travel hacking, it's hard not to feel like I'm missing out by not churning credit cards...
by awval999
Sat Feb 06, 2016 9:48 am
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 103
Views: 11604

Re: Anyone travel without hacking?

OK, so I want to plan an anniversary trip to Europe for my wife and I, in 3 years or so. She has never been over there, so I really want this to happen After joining here, I'm starting to see the possibilities of points, rewards, cash back etc... So I would like to pay for most of this trip through...
by awval999
Fri Feb 05, 2016 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Flagship Investor with 700 credit score ?
Replies: 52
Views: 7020

Re: Flagship Investor with 700 credit score ?

Why do you want or need a higher credit score? Do you intend to borrow money at this point?
by awval999
Fri Feb 05, 2016 4:56 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 103
Views: 11604

Re: Anyone travel without hacking?

I churn credit cards but there's ways to travel hack without doing that. Travel hacking is just anything that's a "cheat" or a "secret" to make traveling cheaper. It doesn't have to be with credit cards. Knowing how to use Kayak, knowing how to fly using open-jaws, using Pricelin...
by awval999
Tue Jan 26, 2016 12:54 am
Forum: Investing - Theory, News & General
Topic: At what point would you go from 70/30 to 100(stocks)/0(bonds) if you are in your late twenties
Replies: 48
Views: 3628

Re: At what point would you go from 70/30 to 100(stocks)/0(bonds) if you are in your late twenties

I'm 29 (30 in a week, pity me). I'm 80/20. My IPS says to throw a "bullet" defined as 5% of bonds at a 20% decline and 10% thereafter. So at a 20% drop I would rebalance to 85/15, then 90/10 at 30% down. 95/5 at 40% down. Finally I will rebalance every dime into stocks at 50% down. To answ...
by awval999
Sat Jan 23, 2016 11:47 am
Forum: Personal Consumer Issues
Topic: Stats on Americans 'cutting the cable' ?
Replies: 42
Views: 3873

Re: Stats on Americans 'cutting the cable' ?

Count me as one who gets $2/day value from DirecTV. So much easier ways to save money (like buy a smaller house, don't buy gargantuan automobiles) than to cut TV and specifically sports.
by awval999
Thu Jan 21, 2016 11:36 pm
Forum: Investing - Theory, News & General
Topic: Oil Slump ---- VGENX/FSENX? [Vanguard / Fidelity Energy Fund]
Replies: 27
Views: 2553

Re: OIL SLUMP ---- VGENX/FSENX?

I've been waiting for a thread like this. I'm considering taking a position in VDE.

Before blah blah index funds I'm 100% in index funds for retirement I'm talking like a $1000 fun position so no whiny mcwhinersons here.
by awval999
Wed Jan 20, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Here We Go Again: SWR 2.5% or 5.5%?
Replies: 106
Views: 8569

Re: Here We Go Again: SWR 2.5% or 5.5%?

If one came to the considered opinion that the SWR was 2.5% why would they not annuitize a good portion of their portfolio and lock in something rather greater? Because a small minority on this board literally have a disorder/addictive personality in regards with finances, specifically saving money...
by awval999
Wed Jan 20, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Car tire replacement
Replies: 45
Views: 3466

Re: Car tire replacement

WIAV8TOR wrote:I would do research at tirerack.com. You can list your vehicle, then look over appropriate tires and reviews.


+1 on TireRack for the reviews.

Obviously what type of tire depends if you want to get all seasons, or a winter + summer tire.
by awval999
Wed Jan 20, 2016 8:01 am
Forum: Personal Consumer Issues
Topic: New neighbor turning their house into vacation rental
Replies: 41
Views: 4804

Re: New neighbor turning their house into vacation rental

What are our options? Move? :happy As mentioned, if no zoning/law/rule violations are happening, probably not much you can do. If it's a small semi-rural and quiet area, it will probably attract folks that would want to vacation there and will probably be quiet themselves. You may be worried and up...
by awval999
Mon Jan 18, 2016 12:56 pm
Forum: Investing - Theory, News & General
Topic: Scottrade wants $17 for VG funds, $75 to leave
Replies: 14
Views: 1412

Re: Scottrade wants $17 for VG funds, $75 to leave

Just buy Vanguard ETFs in your Scottrade account. Done.
by awval999
Thu Jan 14, 2016 8:34 pm
Forum: Personal Consumer Issues
Topic: Help redeeming frequent flyer points for good value?
Replies: 19
Views: 1293

Re: Help redeeming frequent flyer points for good value?

Several posters on this board are into this hobby, and I enjoy helping with award travel, but first you need to tell us when and where you want to go and how many MR and AAdvantage miles you have.

Feel free to PM if you prefer.
by awval999
Wed Jan 13, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Other cities or countries to visit while on a Barcelona trip in April
Replies: 20
Views: 925

Re: Other cities or countries to visit while on a Barcelona trip in April

I proposed to my wife in Madrid. That city will always have a special place in my heart. Definitely Madrid..
by awval999
Tue Jan 12, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Saving for the future vs you only live once
Replies: 72
Views: 8401

Re: Saving for the future vs you only live once

There has to be balance.

On this forum you see huge savers, but there is also huge incomes on this forum which make it much easier.

You, do, only live once. Tomorrow is guaranteed to no one.
by awval999
Mon Jan 11, 2016 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: Young Attending 401k choices / Student Loan decision
Replies: 33
Views: 2122

Re: Young Attending 401k choices / Student Loan decision

I would keep going for PSLF, you will know in late 2017 if they government actually forgives the student loans for the people who started the program in 2007 or if they cap it (which I think they will end up doing). I would probably just put your salary toward the interest and live on you wife's for...
by awval999
Mon Jan 11, 2016 5:56 am
Forum: Personal Consumer Issues
Topic: Tough Frugal Decisions
Replies: 111
Views: 18622

Re: Tough Frugal Decisions

I always like these threads, mostly about the stories when people were younger. I fortunately never had to live in a basement with rats. :shock: :shock: I guess I don't make any "tough frugal" decisions, not going to give up starbucks or DirecTV, but that's because I think it's more worthw...
by awval999
Sun Jan 10, 2016 11:28 am
Forum: Personal Consumer Issues
Topic: Why plane fares so expensive???
Replies: 53
Views: 5296

Re: Why plane fares so expensive???

I travel from DC to South Bend in March and October. I paid $310 back in October with United. Now prices are over $500. With gas prices low, I expected lower prices. An option has been to fly to Midway and rent a car. Southwest used to have three direct flights a day and now need to go through Atla...
by awval999
Wed Jan 06, 2016 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Include 529 in net worth?
Replies: 32
Views: 2501

Re: Include 529 in net worth?

Of course they are part of your net worth.

Now I wouldn't include them in retirement calculations because the intent is to spend the account BEFORE retirement.
by awval999
Tue Jan 05, 2016 3:03 pm
Forum: Personal Consumer Issues
Topic: Premier Rewards Gold
Replies: 6
Views: 515

Re: Premier Rewards Gold

With that large spend on the card they may waive part of the annual fee.

However, you aren't using the card effectively by redeeming for Pottery Barn gift cards (honestly, I cringed).

In your case I recommend the Citi Double Cash. You'll get effectively 2% back. At $61,000 yearly spend that's $1200!
by awval999
Sun Jan 03, 2016 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 9694

Re: Savings % Target 2016?

There's an option three. Even though it's not mathematically correct you're actually living on $82k / year. So you're saving $36k while living on 82k. Interesting. $36k / $82k = 44%. You'd be saving 44% of your "what". Taxable income? I think that'd be the best term. "Usable salary&q...
by awval999
Sun Jan 03, 2016 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 9694

Re: Savings % Target 2016?

In regards to counting employer matches: I truly think it makes sense to only include them in the numerator as savings and exclude them in the denominator (ie: do NOT add them to your gross income). Here's an example. Let's say I work at AmazingCorp and make $100k and they truly have an amazing 401k...
by awval999
Sun Jan 03, 2016 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 9694

Re: Savings % Target 2016?

This is like: Going to the bodybuilding forum and only being able to bench 120 lbs Going to the Lego forum and only getting 3 new sets for Christmas Going to the miles forum and only planning on getting 4 new Airline credit cards and one hotel status run Going to the gardening forum and only plantin...
by awval999
Sun Jan 03, 2016 9:37 am
Forum: Personal Consumer Issues
Topic: Ariens Snowblower Conundrum
Replies: 30
Views: 2138

Re: Ariens Snowblower Conundrum

Do I have any recourse against this Ariens dealer for selling me a snowblower and then not delivering on the contract? I have a signed purchase and sales agreement for the model I want and they charged my credit card. In fact, I still haven't gotten a credit yet for the original charge. Yes. The re...
by awval999
Sat Jan 02, 2016 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 9694

Re: Savings % Target 2016?

20% Pretax (this includes employer matching and 403b loan repayment)

Still got student loans over here!
by awval999
Thu Dec 31, 2015 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Count Company Match Savings %
Replies: 8
Views: 980

Re: Count Company Match Savings %

I want to save 20% of gross income/year.

I count my 403b contribution. My 403b match. My 401a employer contribution. And my 403b loan repayment.
by awval999
Mon Dec 28, 2015 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Question re: whether to file large auto insurance claim
Replies: 8
Views: 633

Re: Question re: whether to file large auto insurance claim

If you aren't going to submit a ~$5000 claim you shouldn't have had a $1000 deductible, you should have had a $5000 deductible, or liability only.

I would submit the claim.
by awval999
Fri Dec 25, 2015 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Lost student loan?
Replies: 5
Views: 680

Re: Lost student loan?

Annualcreditreport.com

That is the legitimate government website for your once yearly free report from the 3 companies: transunion, experian, and equifax. You don't have to use you're entire 3. Pick one to run, on the credit report it will show there whomever owns it.
by awval999
Fri Dec 25, 2015 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 10886

Re: Next credit card for a bonus?

^Victoria is right re:Amex SPG

No guarantee Marriott doesn't slash the program late next year. Amex only does the 30k once a year. No guarantee we will ever see it again since it was offered last August. Also who knows what transfer ratio Marriott will offer SPG points.
by awval999
Thu Dec 24, 2015 12:38 pm
Forum: Personal Consumer Issues
Topic: Orlando or Hilton Head for spring break
Replies: 6
Views: 520

Re: Orlando or Hilton Head for spring break

Hilton Head may or may not be warm at the end of March.
by awval999
Mon Dec 21, 2015 1:49 pm
Forum: Personal Consumer Issues
Topic: Chase Ultimate Rewards - redeeming for Hyatt Hotel stays
Replies: 21
Views: 1554

Re: Chase Ultimate Rewards - redeeming for Hyatt Hotel stays

You confirm with Hyatt before you transfer. You cannot transfer back. A transfer is final.
by awval999
Mon Dec 21, 2015 1:39 pm
Forum: Personal Consumer Issues
Topic: Chase Ultimate Rewards - redeeming for Hyatt Hotel stays
Replies: 21
Views: 1554

Re: Chase Ultimate Rewards - redeeming for Hyatt Hotel stays

You have to transfer them to Hyatt. Then you book the free nights using Hyatt points NOT through the UR portal.
by awval999
Thu Dec 17, 2015 7:56 am
Forum: Personal Consumer Issues
Topic: United PQM rule change
Replies: 9
Views: 849

Re: United PQM rule change

IMO for heavy travelers the mileage programs are a bit of a myth. I did a lot of international travel when I was working - the last couple of years I was traveling 100%. After I retired I found that it was hard to use the miles (availability) and I had much less interest in traveling to begin with....
by awval999
Mon Dec 14, 2015 6:25 pm
Forum: Personal Consumer Issues
Topic: Buy a Bosch dishwasher on Amazon?
Replies: 25
Views: 1930

Re: Buy a Bosch dishwasher on Amazon?

Amazon sells gift cards to Sears (not Lowes or Home Depot)

Use the Chase Freedom to buy Sears gift cards.

Use Sears gift cards to buy Dishwasher.

You can thank me later.

Go to advanced search