Search found 78 matches

by epicahab
Fri Apr 07, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 31
Views: 4613

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 chu...
by epicahab
Fri Apr 07, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Considering new approach to credit card churning
Replies: 31
Views: 4613

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: 2052

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: 2052

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: 1744

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: 6957

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: 6514

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: 31
Views: 4613

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: 627

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: 1128

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: 1128

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: 297
Views: 27009

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: 2407

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: 8064

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: 9659

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: 64035

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 ...
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: 4844

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 ...
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: 11314

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: 2839

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: 3304

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: 1064

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: 11314

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 t...
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: 1890

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: 1102

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: 2940

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: 21062

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: 348
Views: 71200

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: 2914

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: 2914

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?
by epicahab
Thu Feb 11, 2016 11:12 pm
Forum: Personal Consumer Issues
Topic: profitable hobby?
Replies: 119
Views: 13700

Re: profitable hobby?

I'm very interested in this, but don't you get a ton of junk mail?
by epicahab
Fri Jan 22, 2016 2:08 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1756
Views: 965989

Re: The Three-Fund Portfolio

Question: now that I have adopted this portfolio in my 401k, would it be prudent to also set this up in my children's 529 college plan? I think that a 3 fund portfolio would be appropriate for a 529 plan, but you may want a different asset allocation than your longer term retirement portfolio. Than...
by epicahab
Fri Jan 22, 2016 1:44 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1756
Views: 965989

Re: The Three-Fund Portfolio

Question: now that I have adopted this portfolio in my 401k, would it be prudent to also set this up in my children's 529 college plan?

Conventional wisdom is that they are so young that they should take more risk but I also want the downside protection that the Three-Fund Portfolio provides.
by epicahab
Mon Jan 11, 2016 4:23 pm
Forum: Personal Consumer Issues
Topic: Boglehead cell phone strategy
Replies: 143
Views: 19024

Re: Boglehead cell phone strategy

Cricket is great. In the past, I've used MVNOs such as Virgin Mobile, then PagePlus Cellular, then Straight Talk, but have found Cricket to have the following two important things: AT&T network and low pricing (as mentioned before, unlimited nationwide talk, unlimited text, and 2.5GB 4G for two...
by epicahab
Wed Jan 06, 2016 3:03 pm
Forum: Personal Consumer Issues
Topic: profitable hobby?
Replies: 119
Views: 13700

Re: profitable hobby?

by epicahab
Wed Jan 06, 2016 2:30 pm
Forum: Investing - Theory, News & General
Topic: Lego a 'better investment than shares and gold'
Replies: 7
Views: 2051

Re: Lego a 'better investment than shares and gold'

This has been discussed over the years, such as in: viewtopic.php?f=10&t=71577

Knowing which sets to buy and where to sell them can be lucrative. Very illiquid but not everything has to be super liquid.
by epicahab
Wed Jan 06, 2016 2:22 pm
Forum: Personal Consumer Issues
Topic: East Coast Beach Trip This Summer - Family of 5
Replies: 22
Views: 2145

Re: East Coast Beach Trip This Summer - Family of 5

Just an update here, we ended up going to Destin, Florida. Had a great time. The beaches were great except the last day when a bunch of jellyfish came in. The wife and I both got stung for the first time! Also the traffic was very slow along the main strip but it's a place we'd go back to over Gulf ...
by epicahab
Wed Sep 02, 2015 12:40 pm
Forum: Investing - Theory, News & General
Topic: Legos appreciating in value?
Replies: 44
Views: 7874

Re: Legos appreciating in value?

Yeah that's a crazy development, but I think that they were so overwhelmed with production and new Episode 7 sets that they just recycled an old Christmas set they knew would sell.

If they come out with Cafe Corner version 2.0, the whole game will change.
by epicahab
Wed Sep 02, 2015 9:23 am
Forum: Investing - Theory, News & General
Topic: Legos appreciating in value?
Replies: 44
Views: 7874

Re: Legos appreciating in value?

The march of Lego continues. They have seen $535 million in profit from the first half of this year which is a 30% year over year increase. The product is so popular that there have been inventory shortages. The secondary market also continues to price old, retired sets at higher and higher value. T...
by epicahab
Wed Sep 02, 2015 8:46 am
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 21
Views: 4254

Re: St Louis Bogleheads

I'm lurking if there is another event or talk held.
by epicahab
Wed Sep 02, 2015 8:43 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1756
Views: 965989

Re: The Three Fund Portfolio

This thread inspired me to check my employer's 401k...miraculously, Vanguard Funds are now available for the first time in 13 years.

So I have ditched .4 expense ratios and gone with 44% total bond and 28% each total stock and total world stock.

Thanks for all the guidance over the years. :beer
by epicahab
Fri Mar 06, 2015 4:58 pm
Forum: Personal Consumer Issues
Topic: East Coast Beach Trip This Summer - Family of 5
Replies: 22
Views: 2145

Re: East Coast Beach Trip This Summer - Family of 5

ubermax, that drive may be a bit much but thanks for the great idea.
by epicahab
Fri Mar 06, 2015 4:54 pm
Forum: Personal Consumer Issues
Topic: East Coast Beach Trip This Summer - Family of 5
Replies: 22
Views: 2145

Re: East Coast Beach Trip This Summer - Family of 5

Chincoteague National Wildlife Refuge and Assateague National Seashore, Virginia. World-famous wild ponies, beautiful beaches, park ranger activities, family-oriented tourist accommodations, boat tours, watersports, miniature golf, etc. Take I64 -- America's nicest to drive east/west interstate hig...
by epicahab
Fri Mar 06, 2015 4:26 pm
Forum: Personal Consumer Issues
Topic: East Coast Beach Trip This Summer - Family of 5
Replies: 22
Views: 2145

Re: East Coast Beach Trip This Summer - Family of 5

Any experiences/reviews on Myrtle Beach?
by epicahab
Fri Mar 06, 2015 3:20 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 21
Views: 4254

Re: St Louis Bogleheads

EDIT: Saw the date now, sorry about that.

Keep us updated on future talks.
by epicahab
Fri Mar 06, 2015 3:19 pm
Forum: Personal Consumer Issues
Topic: East Coast Beach Trip This Summer - Family of 5
Replies: 22
Views: 2145

East Coast Beach Trip This Summer - Family of 5

We are targeting an east coast beach trip...live in Saint Louis, so plan to drive...plan to do Disney/Florida in the future but not this year. Have done Gulf Shores, had fun but the waves were too rough. Our kids ages are 8, 5, and 2. Any recommendations? Want to stay near a great beach, either in a...
by epicahab
Fri Mar 06, 2015 2:58 pm
Forum: Local Chapters and Bogleheads Community
Topic: St Louis Bogleheads
Replies: 21
Views: 4254

Re: St Louis Bogleheads

larryswedroe wrote:First, usually happy to stay around as long as possible to answer questions
Second, the April 8th event in St. Charles is 7pm
Larry


Glad I saw this!...I will try to attend as I live out there.
by epicahab
Fri Mar 06, 2015 2:55 pm
Forum: Investing - Theory, News & General
Topic: Legos appreciating in value?
Replies: 44
Views: 7874

Re: Legos appreciating in value?

sell before the bubble bursts see also baseball cards, beanie babies, comic books, gold, bitcoins, tulips Fair warning. I can't see a burst as Lego has value as a standalone product, unlike your examples above. All though, I am getting out as the returns way down the past two years as many new play...
by epicahab
Tue Jul 23, 2013 9:06 am
Forum: Investing - Theory, News & General
Topic: Legos appreciating in value?
Replies: 44
Views: 7874

Re: Legos appreciating in value?

This trend/bubble shows no signs of stopping now. Some sets that have recently retired such as the Imperial Shuttle (10212) gained an immediate 100-150 dollar premium after retirement this spring. Lego has been doing record revenue the last few years. Their girl-themed line "Friends" was s...
by epicahab
Fri May 17, 2013 1:22 pm
Forum: Investing - Theory, News & General
Topic: Google Invests $125 Million in Lending Club
Replies: 68
Views: 7743

Re: Google Invests $125 Million in Lending Club

Overstated returns are a huge problem with this and Prosper. In fact, the business model seems to be "Lure people with high returns and get them to deposit as much money as they can before they realize that chargeoffs and other annoyances will destroy their return." I got really into this ...

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