Search found 99 matches

by epicahab
Tue Jun 19, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2692
Views: 520182

Re: What's Your Credit Card Rewards Strategy?

I do cancel old cards or ones with an annual fee I don't want to pay. Gonna cancel my Marriot card because the annual night is now limited to category 5. I keep the Chase Sapphire Reserve because I use the travel credit and restaurant and travel cash back.
by epicahab
Sat Jun 16, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100560

Re: Anyone regret paying off mortgage early?

Yep and if you are like me, you have a couple grand or ten extra to put towards riskier investments.
by epicahab
Tue Jun 12, 2018 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100560

Re: Anyone regret paying off mortgage early?

Making decisions based on tax deductions is putting the cart before the horse. It's much better to eliminate the interest up front.
by epicahab
Mon Jun 11, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100560

Re: Anyone regret paying off mortgage early?

Absolutely no regrets, just pride and the occasional smile to myself. :D
by epicahab
Mon May 21, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2692
Views: 520182

Re: What's Your Credit Card Rewards Strategy?

While I am in the “get Freedom” camp, for at least domestic purchases, I would take the Freedom Unlimited over the Capital One Quicksilver because the Freedom Unlimited generates UR where the Quicksilver is cash back. Since you’re getting a CSR, you can move the UR to the Reserve and have the flexi...
by epicahab
Fri May 18, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2692
Views: 520182

Re: What's Your Credit Card Rewards Strategy?

Hey guys, got a 100k point offer from Marriott in the mail other other day. worth it ? Can I transfer these points to airlines ? Yeah, that's very good so do it. You can freely exchange those to SPG points. You can transfer Marriott points to Southwest, or use SPG points for good value on Delta or ...
by epicahab
Fri May 18, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2692
Views: 520182

Re: What's Your Credit Card Rewards Strategy?

I'm a big fan of CSR and SPG. I haven't waded into the AMEX Plat and Gold worlds yet, as I don't want to pay the fees. I also have a lot of Hilton and Marriott points, as well as American Airlines. If you sign up for a bunch of cards, and then do the minimum spends, it can take your credit score dow...
by epicahab
Tue May 08, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16553

Re: most compelling TV character ever

For most of my childhood, I thought Jimi Hendrix was saying, "Excuse me while I kiss this guy."
by epicahab
Mon May 07, 2018 8:34 pm
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16553

Re: most compelling TV character ever

Walter White was the first to come to mind.

Don Draper was pretty compelling during the whole run of Mad Men.

Bernard/Arnold on Westworld is becoming a favorite of mine. Him or William, or even Ford.
by epicahab
Mon May 07, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2166
Views: 1351389

Re: "Boosting Returns With Rebalancing"

Bogleheads: Allan Roth, CPA, CFP, has completed an 18-year study about the effects of rebalancing The Three-Fund Portfolio. He found that rebalancing, not only maintained the desired portfolio asset-allocation, but also increased return. Boosting Returns With Rebalancing Best wishes Taylor Great st...
by epicahab
Mon May 07, 2018 1:39 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

We had a great time meeting each other and the time flew by. Looking forward to the next one. Big thanks to "Veiled!"
by epicahab
Sat Apr 07, 2018 11:09 am
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

Good deal, I plan to be there. Coming from Saint Peters.

-Ryan
by epicahab
Sun Apr 01, 2018 7:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

I see some overlap between Bogleheads, Mr. Money Mustache, and ChooseFI. Though the purposes are a little different, there's enough in common interest (judicious approaches to money, with varying approaches/purpose). I noticed people on the MMM forum unsuccessfully trying to organize a meet and gre...
by epicahab
Sat Mar 24, 2018 6:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

I see some overlap between Bogleheads, Mr. Money Mustache, and ChooseFI. Though the purposes are a little different, there's enough in common interest (judicious approaches to money, with varying approaches/purpose). I noticed people on the MMM forum unsuccessfully trying to organize a meet and gre...
by epicahab
Fri Mar 23, 2018 8:43 am
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

Not to co-opt any efforts here (PM me if something get's organized and I'll try to come), but there's a ChooseFI St. Louis Facebook group and we've had a couple of meetups in the last few months. That’s great, drg02b! I do have a Facebook and listen to ChooseFI, but not everyone might. Still, the s...
by epicahab
Tue Mar 20, 2018 7:59 am
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

I think either of those will work, no kids soccer games on either...yet!

-Ryan
by epicahab
Fri Mar 16, 2018 11:17 am
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 56
Views: 8868

Re: St Louis Bogleheads

I still follow this thread. Hope everyone's doing well.
by epicahab
Sat Aug 05, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: Anyone following the latest in Bitcoin and cryptocurrency news?
Replies: 25
Views: 6265

Re: Anyone following the latest in Bitcoin and cryptocurrency news?

This was a very eventful week, with the first official fork of Bitcoin (Bitcoin Cash or BCH) and then last night Bitcoin hit an all time high and passed $3,000.
by epicahab
Sat Jun 03, 2017 7:15 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin knockoff
Replies: 19
Views: 2870

Re: Bitcoin knockoff

It's true that at this point Bitcoin has value because many people agree that it has value, but also it is "mined" by people running high speed computers. So, they spend money in an effort to slowly have a fraction of a bitcoin "drip" down to them from the network. Also, many online vendors and busi...
by epicahab
Fri Jun 02, 2017 8:51 am
Forum: Investing - Theory, News & General
Topic: Bitcoin knockoff
Replies: 19
Views: 2870

Re: Bitcoin knockoff

Rl2 wrote:I got rid of all bitcoin once Dogecoin caught on. Doge started as a joke and then people actually started accepting it as real value. The blockchain as a platform is where the real value lies.
You might enjoy this video:

https://www.youtube.com/watch?v=QlNGTEn ... e=youtu.be
by epicahab
Fri Jun 02, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: Anyone following the latest in Bitcoin and cryptocurrency news?
Replies: 25
Views: 6265

Re: Anyone following the latest in Bitcoin and cryptocurrency news?

I'm a big fan of Ripple (XRP). I've been following them for 3 years. I think concepts like "Interledger," "Blockchain," and the "Internet of Value" will be important components in future money movement, both manual and automated. Here's an interesting talk by Chris Larsen of Ripple Labs: https://www...
by epicahab
Fri Apr 07, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 8761

Re: Considering new approach to credit card churning

Congratulations!

I would also strongly recommend using the "AwardWallet" site to aggregate all of your programs into one. This helps me track my points.

I also use "Mint.com" to track credit card due dates and balances.

Without these two tools it would be a lot harder to be a churner.
by epicahab
Fri Apr 07, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 8761

Re: Considering new approach to credit card churning

This has expired but I took advantage of it in January and it's one of the best churning deals ever: https://thepointsguy.com/2016/09/get-the-southwest-companion-pass-for-90k-starpoints/ I still have a 7 night stay coupon as well as 120k Southwest Rapid Reward points. SPG points are so valuable and ...
by epicahab
Wed Apr 05, 2017 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Should I pay off my mortgage?
Replies: 22
Views: 2601

Re: Should I pay off my mortgage?

aristotelian wrote:
epicahab wrote:Having just done it, do it! :sharebeer
Me too, cheers. :sharebeer

Although I have a somewhat bigger reserve than OP and my career is relatively stable.
Congratulations! I can't really tell people other than my wife so it's nice to share here.
by epicahab
Wed Apr 05, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Should I pay off my mortgage?
Replies: 22
Views: 2601

Re: Should I pay off my mortgage?

Having just done it, do it! :sharebeer
by epicahab
Wed Apr 05, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: To pay or not to pay off mortgage?
Replies: 16
Views: 3177

Re: To pay or not to pay off mortgage?

Having recently paid mine off, do it. Gives a nice little spring in your step.
by epicahab
Wed Apr 05, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Is anyone decreasing % of bonds this year?
Replies: 91
Views: 9358

Re: Is anyone decreasing % of bonds this year?

Chan_va wrote:I am calling a top in US equities. Moving from an AA of 70-30 to 60-40.
I think that's reasonable but then again a lot of market regulations are being postponed or undone this week.
by epicahab
Wed Apr 05, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Got my second comma -- what is this anticlimactic feeling?
Replies: 55
Views: 8111

Re: Got my second comma -- what is this anticlimactic feeling?

Congratulations! I felt this way after paying off my house. We anticipate something for months and years and then when it comes to pass, it can't possibly live up to the huge expectations. The mind has a way of minimizing huge losses and huge gains and moving forward to the next challenge.
by epicahab
Wed Apr 05, 2017 10:20 am
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 45
Views: 8761

Re: Considering new approach to credit card churning

I've got the following Chase cards: Chase Sapphire Preferred Chase Freedom Chase Ink+ Chase SW Premier Personal Chase SW Premier Business Chase IHG Platinum Rewards I'm going to product change the Sapphire to a Freedom Unlimited. I will xfer UR points from the Freedom and Freedom Unlimited to the C...
by epicahab
Wed Apr 05, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Need mortgage loan for a residential investment property
Replies: 8
Views: 978

Re: Need mortgage loan for a residential investment property

What are you trying to accomplish by putting them in LLCs? +1 +2 There is no good reason to put the properties in an LLC, it wastes money to set one up and maintain one. Are you worried about getting sued? Follow these two steps. 1. Don't do stupid things. (use unlicensed contractors, rent to scumb...
by epicahab
Tue Mar 28, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Use ROTH IRA to pay down Rental Property Mortgage?
Replies: 21
Views: 1877

Re: Use ROTH IRA to pay down Rental Property Mortgage?

Tax advantage of interest shouldn't affect financial decision making because the potential advantage is a percentage of the dollar amount (likely 25-35%).

Also, if OP is already investing a bunch of money per year, then liquidity isn't a concern.
by epicahab
Mon Mar 27, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Use ROTH IRA to pay down Rental Property Mortgage?
Replies: 21
Views: 1877

Re: Use ROTH IRA to pay down Rental Property Mortgage?

It really depends on how much of your Roth are "gains" which will be assessed an extra 10% penalty.

I don't think it's the worst idea to do what you are asking, you can always put money back in a roth that you are saving from eliminating the interest of the mortgage.
by epicahab
Mon Feb 06, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 516
Views: 72806

Re: Quicken's future direction - a cause for concern

Microsoft Office and Adobe Photoshop did the same thing as well. Cloud-based subscription model. Mint is good but it's very high-level. I take it we have a lot of members here who enjoy obsessively tracking every cent and classifying each transaction. Ask yourself if you can mentally simplify as wel...
by epicahab
Mon Feb 06, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Is it better to get a mortgage from a local/small lender?
Replies: 27
Views: 3125

Re: Is it better to get a mortgage from a local/small lender?

For what it's worth I checked with 7 different banks of different sizes and went with US Bank based on rate.
by epicahab
Mon Feb 06, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Are there really "Tax Brackets" and does it really matter if I get bumped up into the next one?
Replies: 87
Views: 9961

Re: Are there really "Tax Brackets" and does it really matter if I get bumped up into the next one?

The issue is that very few retirees have higher incomes than when they were working. And even a slightly higher income in retirement does not necessarily swing the pendulum in favor of going 100% with the Roth. The 'ideal' might be 60/40 traditional/Roth or some other split. You need enough contrib...
by epicahab
Mon Feb 06, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: 2.875% mortgage pay-off financially justifiable?
Replies: 64
Views: 11132

Re: 2.875% mortgage pay-off financially justifiable?

DTSC wrote:I paid off a 3.25% mortgage early. Sure, you *might* make more money investing the money in stocks, but you might not. Why borrow and pay any amount of interest if you don't have to?
Ding ding ding, we have a winner.
by epicahab
Mon Feb 06, 2017 4:11 pm
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 407
Views: 71535

Re: Do you think Ric Edelman is correct, never pay down mortgage

What nobody seems to talk about it the fact that future mortgage payments are mandatory and will come due until the end of the loan. You are obligated to pay them. The "opportunity cost" or performance of any assets you might have used that money to invest in is completely theoretical and may never ...
by epicahab
Mon Feb 06, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: New to Bogleheads - Need to decide whether to sell everything*
Replies: 35
Views: 5532

Re: New to Bogleheads - Need to decide whether to sell everything*

I'd say you can greatly simplify down to only a few funds. See the "3 fund portfolio" thread here. Preserve any tax advantaged funds you may have and make a wise decision on your house but definitely put enough down to avoid "PMI" payments. Welcome and you have plenty of time to absorb this site's w...
by epicahab
Wed Aug 31, 2016 10:11 am
Forum: Investing - Theory, News & General
Topic: How do you organize your finances? Do you use Mint.com?
Replies: 86
Views: 13707

Re: How do you organize your finances? Do you use Mint.com?

I think the "hacker" risk in Mint has more to do with them getting your logins and personal info and stealing your identity more than a virus making its way to your computer. There is zero risk of that happening.
by epicahab
Wed Aug 31, 2016 9:51 am
Forum: Investing - Theory, News & General
Topic: NEW: Reddit.com/r/Bogleheads | Redditors, Raise Your Hands!
Replies: 18
Views: 3147

Re: NEW: Reddit.com/r/Bogleheads | Redditors, Raise Your Hands!

I still like Personal Finance depending on the posts.

I really like this one: https://www.reddit.com/r/financialindependence/

I recommend everyone check it out, it's for "FIRE" - aka Financial Independence / Retire Early
by epicahab
Wed Aug 31, 2016 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Another leaving advisor thread
Replies: 26
Views: 3649

Re: Another leaving advisor thread

You could really just simplify everything in your 401k, IRA, and new Vanguard account with, say a 70/30 mix of stock index and bond index. That's what I do (though I'm 90/10) and I'm your age. If you keep that salary up, you'll have no problem hitting retirement at age 62. You might enjoy this reddi...
by epicahab
Wed Aug 31, 2016 9:45 am
Forum: Investing - Help with Personal Investments
Topic: New to this world
Replies: 8
Views: 1270

Re: New to this world

OP I don't know what it is but something tells me you are a relatively low risk investor. I recommend you put your money (yourage)% bond index fund and the rest in stock index fund. So if you are 35 years old, 35% bonds 65% stocks. That is relatively low risk but also not crazy-low. I agree...perso...
by epicahab
Wed Aug 31, 2016 9:35 am
Forum: Investing - Theory, News & General
Topic: How do you organize your finances? Do you use Mint.com?
Replies: 86
Views: 13707

Re: How do you organize your finances? Do you use Mint.com?

Recently started using Mint. Seeing my net worth changed a lot of things for me. It made me realize the insignificance of my "non boglehead" stock holdings (so I'm going to start drawing those down) and it made me understand the place my mortgage has in my overall net worth (so I'm going to pay that...
by epicahab
Wed Aug 31, 2016 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Can I link Vanguard company 401k with my Vanguard personal investor accounts?
Replies: 10
Views: 3497

Re: Can I link Vanguard company 401k with my Vanguard personal investor accounts?

Yes, my mom had her work plan showing up for a long time before she retired and consolidated.
by epicahab
Wed Aug 31, 2016 9:20 am
Forum: Investing - Theory, News & General
Topic: "How the Vanguard Effect Adds Up to $1 Trillion"
Replies: 12
Views: 1349

Re: "How the Vanguard Effect Adds Up to $1 Trillion"

Thanks for sharing. Wondering how the Fiduciary ruling effective in April will affect Vanguard accounts. Brokerages are talking about people not being able to buy mutual funds in tax advantaged accounts or having to be "grandfathered" with a minimum balance.

Continued success.
by epicahab
Wed Aug 31, 2016 9:00 am
Forum: Personal Consumer Issues
Topic: What pre-paid cell phone or plan?
Replies: 31
Views: 3727

Re: What pre-paid cell phone or plan?

I assume this is for Pokemon Go? :D

Virgin Mobile is a really good choice, but make sure you purchase a phone specifically for "Virgin Mobile" - try Amazon. You can't just use any cracked phone.
by epicahab
Wed Aug 31, 2016 8:53 am
Forum: Personal Consumer Issues
Topic: Blue Apron
Replies: 155
Views: 24303

Re: Blue Apron

We just tried our first week. Enjoyed the meatball sandwiches, shrimp boil (great aioli sauce), quiche, and stir fry type dish. The meal prep took a little too long...1.5 hours for the meatball sandwiches, probably because we are such beginners. It was nice learning some new techniques but our hands...
by epicahab
Wed Aug 31, 2016 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 456
Views: 100560

Re: Anyone regret paying off mortgage early?

Really enjoyed this thread. Target is in site, money is being moved. Gonna do this soon (within 1-2 years), can't wait.
by epicahab
Fri Aug 26, 2016 9:56 am
Forum: Investing - Theory, News & General
Topic: DOL fiduciary rule, will anything change?
Replies: 25
Views: 3364

Re: DOL fiduciary rule, will anything change?

If I can no longer purchase mutual funds in my IRA (because Fiduciary makes me move to a fee based account), will ETFs become more popular?

I'd rather have a Vanguard Total Market ETF than a basket of bunk Mutual Funds with a 2% annual fee.
by epicahab
Fri Aug 26, 2016 8:45 am
Forum: Investing - Theory, News & General
Topic: DOL fiduciary rule, will anything change?
Replies: 25
Views: 3364

Re: DOL fiduciary rule, will anything change?

Sorry for the necro, but how will Fiduciary affect Vanguard IRAs that hold index funds? Broker-led firms are saying that you won't be able to buy mutual funds in "Transactional Based" accounts so will Vanguard have to start charging an account fee?