Search found 982 matches

by awval999
Mon May 22, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: Mexican Pacific Beaches
Replies: 42
Views: 2825

Re: Mexican Pacific Beaches

Re digestive issues in Mexico. It is know as the Mexican two step. Ha ha. Seriously tons of people from Arizona go to Mexico every year and almost no one gets sick anymore. It is very rare and cleanliness has gotten much better. Plus gringos have learned how to eat and drink in Mexico. The issue is...
by awval999
Tue May 16, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Leaving money in MA teacher pension, but never planning to draw pension?
Replies: 18
Views: 1675

Re: Leaving money in MA teacher pension, but never planning to draw pension?

I don't understand why you don't want to roll it over into an IRA where you can invest according to your asset allocation (80/20?) where your expected returns over the next 30+ years will be >3%.
by awval999
Wed May 10, 2017 6:44 am
Forum: Investing - Theory, News & General
Topic: Please explain Gap insurance on a car
Replies: 11
Views: 775

Re: Please explain Gap insurance on a car

If you put 25% down, I doubt you need Gap insurance. Really, all Gap insurance is for, is to make sure you don't have to write a check to the finance company if you total your 2-3 year old car and you're underwater on it and the insurance check for FMV doesn't cover the finance amount. So you could ...
by awval999
Mon May 08, 2017 6:58 am
Forum: Investing - Help with Personal Investments
Topic: My daughter Pepsi shares - where are they??
Replies: 4
Views: 1186

Re: My daughter Pepsi shares - where are they??

http://www.pepsico.com/Investors/FAQ Who is your transfer agent? Computershare 211 Quality Circle Suite 210 College Station, TX 77842 800-226-0083 (201) 680-6578 (international callers) Online inquiries: www-us.computershare.com/investor/Contact Website: http://www.computershare.com/investor I'd sta...
by awval999
Fri May 05, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Amex membership rewards help
Replies: 16
Views: 982

Re: Amex membership rewards help

This is wrong. The MR will expire if he doesn't have another MR card. Amex Everyday card is a CREDIT card, not a CHARGE card (they mean two different things in the points hobby). Yes, he can apply for the Everyday card, like the MR accounts and keep his MRs. He cannot cancel the Gold Biz until the ...
by awval999
Fri May 05, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Amex membership rewards help
Replies: 16
Views: 982

Re: Amex membership rewards help

There's no free Amex charge cards, so he can't downgrade to a no annual fee card. You can call and ask for an annual fee waiver/credit/bonus miles. You could transfer the miles to Delta ($48 fee, excise tax). Delta miles have no expiration (for now). Those are the two best options at this point. De...
by awval999
Fri May 05, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Amex membership rewards help
Replies: 16
Views: 982

Re: Amex membership rewards help

There's no free Amex charge cards, so he can't downgrade to a no annual fee card. We have the Amex Blue Cash (since 2009) and never paid a fee. That's a credit card. Sorry, I shouldn't be so loose with the credit card slang/lingo here in the Boglehead forum. Charge cards = paid in full each month (...
by awval999
Fri May 05, 2017 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Amex membership rewards help
Replies: 16
Views: 982

Re: Amex membership rewards help

There's no free Amex charge cards, so he can't downgrade to a no annual fee card.

You can call and ask for an annual fee waiver/credit/bonus miles.

You could transfer the miles to Delta ($48 fee, excise tax). Delta miles have no expiration (for now).

Those are the two best options at this point.
by awval999
Fri May 05, 2017 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Student loan debt, PSLF, planning for future
Replies: 31
Views: 1965

Re: Student loan debt, PSLF, planning for future

I would do REPAYE/PSLF for now and see if/when/how the Higher Education Act is reauthorized this year and what changes are made. Regardless of what I "expect" to occur, it doesn't matter, and isn't applicable to this forum anyway. However, I predict you'll at least "know" how to ...
by awval999
Thu May 04, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Strategy for Mortgage Downpayment < 20%
Replies: 28
Views: 1587

Re: Strategy for Mortgage Downpayment < 20%

See if the lender offers LPMI (which is just a higher interest rate). LPMI is usually better than regular PMI as long as you don't plan to stay in the house for the full 30 years and make the minimum payments for the full 30 years. When I did the math for my situation a few years ago, breakeven with...
by awval999
Tue May 02, 2017 7:40 am
Forum: Personal Consumer Issues
Topic: Great knife for slicing limes and raw potatoes
Replies: 56
Views: 3073

Re: Great knife for slicing limes and raw potatoes

https://www.amazon.com/KitchenIQ-50009-Stage-Knife-Sharpener/dp/B001CQTLJM/ref=sr_1_3?ie=UTF8&qid=1493728750&sr=8-3&keywords=knife+sharpener Are you sure you just don't need a $6 knife sharpener? We have a $100 block of Target knives. They dull, but sharpen them once every other month an...
by awval999
Mon May 01, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: Buying first home with old hvac
Replies: 92
Views: 3866

Re: Buying first home with old hvac

We are in process of buying our first condo and after the inspection found out that all hvac equipment is original and 20 years old. Everything is working fine but I'm worried that this will be a big expense at some point soon. We already agreed on the purchase price. Any recommendations on what we...
by awval999
Mon May 01, 2017 8:12 pm
Forum: Personal Consumer Issues
Topic: Buying first home with old hvac
Replies: 92
Views: 3866

Re: Buying first home with old hvac

I mean there's really not much else to do.

It works. Prepare for a replacement. No one is going to give you a credit for a working HVAC.
by awval999
Sat Apr 29, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: calculating best house value across US markets
Replies: 18
Views: 1870

Re: calculating best house value across US markets

Well, no income tax, southwest, you're looking at Texas or Nevada.
by awval999
Fri Apr 28, 2017 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this home?
Replies: 24
Views: 2075

Re: Can we afford this home?

Take home pay $9000/month doesn't jive with that gross salary $10833/month, my wife and I make what you two make, with lots of itemized deductions. That's just not correct.
by awval999
Tue Apr 25, 2017 8:00 am
Forum: Personal Consumer Issues
Topic: co-worker had a baby, chipping in on gift- how much?
Replies: 57
Views: 3237

Re: co-worker had a baby chipping in on gift- how much?

I would say $20 is reasonable.
by awval999
Sun Apr 23, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Options for downpayment (Good or bad?)
Replies: 13
Views: 1055

Re: Options for downpayment (Good or bad?)

I like to say I'm much more "live and let live" on this forum when it comes to house down payment. Hell, I put down 5% with a 403b loan and took LPMI. Still glad I did (LCOL though). No way on this though buddy. If you told me you were gonna put 5% down and finance the rest and take PMI I'...
by awval999
Wed Apr 19, 2017 7:40 am
Forum: Personal Consumer Issues
Topic: iPhone Screen Replacement
Replies: 12
Views: 689

Re: iPhone Screen Replacement

I would just go to Yelp or Google Reviews to look up the best rated in your area and go there.
by awval999
Tue Apr 18, 2017 6:35 am
Forum: Investing - Theory, News & General
Topic: Unwinding all positions and buy back after French Elections
Replies: 55
Views: 5587

Re: Unwinding all positions and buy back after French Elections

For one, the answer is of course not. You just have to turn out the noise. I guarantee you can you can search and find a thread about the US Presidential election just like this one. That person would be out 20% in growth. Don't let the news media or your own personal politics change your investing ...
by awval999
Mon Apr 17, 2017 5:56 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

I don't think you need to save for 5-10 years to pay for a basic cruise to the Carribean. They really aren't that expensive.

You'll easily be able to get a 7 day cruise for ~$1000 for two people. Add some excursions and spending money, some cheap flights to FLL or Miami you can do it for $2000.
by awval999
Thu Apr 13, 2017 6:16 am
Forum: Personal Consumer Issues
Topic: Keep old yet reliable used car or buy new
Replies: 28
Views: 1821

Re: Keep old yet reliable used car or buy new

Just traded in my 07 civic. 227,000 miles Because I drive around 24,000 miles a year, I found that every 3 years I had to put a lump sum of money to get through the next 2 years and the third year would be the bonus year, before I had to reinvest a bunch of money. The problem was that I was startin...
by awval999
Sat Apr 08, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Extended CAR Warranty
Replies: 32
Views: 1691

Re: Extended CAR Warranty

No way the battery would have been covered under an extended warranty. It's a consumable item.
by awval999
Fri Apr 07, 2017 6:53 am
Forum: Personal Consumer Issues
Topic: Cost of Booze on a Cruise
Replies: 68
Views: 6719

Re: Cost of Booze on a Cruise

Rum runners.
by awval999
Mon Apr 03, 2017 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Young-ish bogleheads: How much (if any) social security do you expect in retirement?
Replies: 88
Views: 4500

Re: Young-ish bogleheads: How much (if any) social security do you expect in retirement?

I'm 31, and I expect the full legal amount. Here's a fun tool to play around with, as you can see (without getting into how you do it, as it's political) it's just not that hard to fix it. As with all things political, the politicians don't want to fix it until they have to. Because the choices are ...
by awval999
Sat Apr 01, 2017 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Too high of a mortgage rate for new purchase?
Replies: 6
Views: 605

Re: Too high of a mortgage rate for new purchase?

Truthfully, it's really none of your business.

And besides telling them they should shop around to make sure they are getting the best rate on their mortgage you are overstepping your bounds.
by awval999
Sat Apr 01, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 10864

Re: Saving 50% of salary; what does it really mean?

I was going to come into this thread and laugh at the ridiculous of saving 50% of salary... and then I realized if I counted student loan overpayment I'm already there. :oops:
by awval999
Fri Mar 31, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off Massive Student Loan Debt with Mortgage Refi?
Replies: 46
Views: 2398

Re: Pay of Massive Student Loan Debt with Mortgage Refi?

Is it possible to live on just your income and for his income to go to the student loans? No, I wouldn't refinance your home (which is nearly paid off) to pay his student loans. I really think this is a generational thing. You're going to get some advice here which, while earnest and honest, isn't, ...
by awval999
Sun Mar 26, 2017 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: How are we doing? 35, 2nd kid on the way
Replies: 11
Views: 1250

Re: How are we doing? 35, 2nd kid on the way

You didn't put down how much your HH income is, but if you just want a basic "you're doing good", I think you definitely have earned that. So, "you're doing good!". Some thoughts and musings: I wouldn't have that much cash. It's better to just pay off the low rate student loans t...
by awval999
Thu Mar 23, 2017 6:28 am
Forum: Investing - Theory, News & General
Topic: T+2 settlement cycle
Replies: 5
Views: 387

Re: T+2 settlement cycle

I'm always surprised at how universally antiquated the settlement system is. Apparently it wasn't until October 2014 that any country did settlements faster than T+3. I don't really understand what settlement even means. How can day traders trade if nothing has settled? And if you trade on things t...
by awval999
Wed Mar 22, 2017 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Another student loans question
Replies: 13
Views: 963

Re: Another student loans question

I would see if you can get LPMI instead of traditional PMI. LPMI pretty much is just a 0.25% higher interest rate over the life of the loan. But in your case, the higher interest rate will be deductible (as long as you itemize) and in addition, the higher interest rate will still be less than your l...
by awval999
Tue Mar 21, 2017 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 5097

Re: Any downside in buying a brand new house ?

Agree with all the posts so far. I think the main risk / downside with building is the cost premium from the fact that it's new. Unless you're in an area with rapidly appreciating home property values, there's a good chance that you will need to sell lower than you bought it for - new buyers near y...
by awval999
Wed Mar 15, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: House buying guidance with current finances
Replies: 30
Views: 3048

Re: House buying guidance with current finances

You were told in 2015 to get term life insurance in your first post here. It's 2017, you still need term life insurance. You have 3 children and SAHM, this is really a full stop, do not pass go, do not collect $200, do not do anything else financial related until you get $1-2MM in a 20 year term lif...
by awval999
Fri Mar 10, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: can you recommend good tires
Replies: 50
Views: 2769

Re: can you recommend good tires

The highest ranked all-season tires in no particular order are:

Michelin Premier A/S (I have these)
Pirelli Cinturato P7 All Season Plus
Continental ContiProContact

https://www.tirerack.com/tires/surveyre ... ?type=GTAS

Do note however, that these tires are expensive.
by awval999
Thu Mar 09, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Are we ready to buy a house? What should our price range be?
Replies: 56
Views: 4187

Re: Are we ready to buy a house? What should our price range be?

I do want to make a point that you are not accounting for the increase in your take home income after buying a house. You probably are already butting against the standard deduction just by state income taxes. But when you add in the mortgage interest and the large property taxes your taxable income...
by awval999
Wed Mar 08, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 2932

Re: Multiple job offers

Perhaps I'm old fashioned, but once I accept an offer I stick to it. All would be different if you were still in negotiation. Hermosa Surfer So what would be an appropriate time to change jobs then? 90 days? 180 days? Because surely you aren't saying you have to stick to the same job/company for li...
by awval999
Wed Mar 08, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 2932

Re: Multiple job offers

I would stay with job A. If it does not work out somehow, you can always approach company B. OTOH, if you go back on your word, you will have burned the bridge to company A. Also, since these companies are both in the same industry, it is likely that the some of the executives in both companies kno...
by awval999
Tue Mar 07, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Buying a rental car.. Any new experience?
Replies: 76
Views: 5137

Re: Buying a rental car.. Any new experience?

Oh what I did to that rental Camaro convertible in Hawaii...

I wouldn't buy a convertible, or any sort of "leisure" car.
by awval999
Sat Mar 04, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 5372

Re: Windfall: should we pay cash for ~$1.3M home?

I live in (one of) the most expensive suburb of Cleveland. Yes, it's cold right now, but.... Our 3/2 1300 sqft is worth $200k+. Which if you ask around is asinine. And why would you buy there? So expensive. Blah, blah. On a whim I looked at similar houses in Palo Alto, Redwood City, et al. I literal...
by awval999
Sat Mar 04, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 5372

Re: Windfall: should we pay cash for ~$1.3M home?

You just boosted your investable savings to about where they should be. Take out 20% for a down payment if you must and no more. Keep PITI to no more than 40% of gross income unless you have enough discretionary spending which can be pared back. You think a mid-30's couple should have a 1.3MM savin...
by awval999
Fri Mar 03, 2017 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: What are the big things to get right?
Replies: 91
Views: 12452

Re: What are the big things to get right?

This is from the perspective of a millennial. But there's some of us here. Here's my personal pet peeve: I purchase my lunch from the hospital cafeteria every day. It's $5-7/day. Let's call it $6. I enjoy hot food. I enjoy the diverse choices at the cafeteria. I don't enjoy lugging around a lunch b...
by awval999
Fri Mar 03, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Ever dip your feet into individual stocks?
Replies: 63
Views: 3810

Re: Ever dip your feet into individual stocks?

Yes, with play money only.

I just bought a bit of TGT after the big drop.
by awval999
Tue Feb 28, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: Explanation Needed from "How to Think about Money"
Replies: 9
Views: 1119

Re: Explanation Needed from "How to Think about Money"

Example: Buying junk bonds for higher yield instead of high-quality corporate or government bonds. Higher yield with junk bonds, but much higher risk.
by awval999
Mon Feb 27, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan fixed vs variable
Replies: 3
Views: 237

Re: Student Loan fixed vs variable

10 year is too long for variable.

I would do fixed.
by awval999
Mon Feb 27, 2017 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs student loans
Replies: 32
Views: 1422

Re: Mortgage vs student loans

I'm about to finish residency and will increase my salary to around 200k/year. I'm buying a house (320k total with 20% down). 15 year fixed at 3.75% I know it seems like the obvious choice is the 15 year fixed but I can't afford that monthly payment as well as ~2K/month on student loans (10 year pa...
by awval999
Sun Feb 26, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs student loans
Replies: 32
Views: 1422

Re: Mortgage vs student loans

30 year fixed. The interest is deductible.

Pay off your student loans. You make too much to deduct the interest. And it's capped anyway at a paltry $2500/year.
by awval999
Sun Feb 26, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Feline Achilles' tendon injury
Replies: 20
Views: 1389

Re: Feline Achilles' tendon injury

There is not going to bed an agreed upon answer to "how sensible is it to spend $1200 on pet's medical care". You will get two very strong opinions: 1. I would never spend that much money. They are just a pet. 2. I would mortgage everything I owned and everything I could ever borrow, my p...
by awval999
Sun Feb 26, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: Feline Achilles' tendon injury
Replies: 20
Views: 1389

Re: Feline Achilles' tendon injury

There is not going to bed an agreed upon answer to "how sensible is it to spend $1200 on pet's medical care". You will get two very strong opinions: 1. I would never spend that much money. They are just a pet. 2. I would mortgage everything I owned and everything I could ever borrow, my pe...
by awval999
Fri Feb 24, 2017 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing a new house -- Are we being stupid to consider it?
Replies: 35
Views: 4128

Re: Purchasing a new house -- Are we being stupid to consider it?

I think you are doing fantastic especially your retirement accounts.

I think a near $1MM home with a corresponding ~$900k mortgage is pushing it on $190k income though.
by awval999
Wed Feb 22, 2017 6:28 am
Forum: Personal Consumer Issues
Topic: How to stop AMEX card offers being mailed to me?
Replies: 11
Views: 1084

Re: How to stop AMEX card offers being mailed to me?

Oh you have the 100,000 MR Platinum offer! Many people in the points/miles credit card hobby are very jealous of you. Do you travel at all? It's a very enticing offer. Honestly. Haha. Yeah I realize it is worth at least $550 on paper, but I don't think I can (sensibly) charge enough fast enough. Pl...

Go to advanced search