Search found 955 matches

by feh
Tue Aug 16, 2016 3:34 pm
Forum: Personal Consumer Issues
Topic: How do you protect your kids while their online?
Replies: 12
Views: 1048

Re: How do you protect your kids while their online?

Fclevz wrote:OpenDNS. Make sure to set it up through your router so it will affect all computers in the house.


+1
by feh
Tue Aug 16, 2016 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Double Income No Kids (but expect kids in future) - How much home can we afford?
Replies: 28
Views: 2741

Re: Double Income No Kids (but expect kids in future) - How much home can we afford?

We eventually plan on having kids (no clue how many) and we are uncertain how long my wife will continue to work full-time / if she will continue part-time some day. Assuming a single income to determine how large a mortgage we can afford would seem overly conservative Doesn't sound overly conserva...
by feh
Tue Aug 16, 2016 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29147

Re: Self-made Millionaires: how did hitting 7 figures change you?

Here's my question: for those of you (most of you, I'm guessing) who have hit $1M (or your number of choice), how did that impact you, if at all? Did arriving at that number change you in any meaningful way, or change your perspective? No. It's a fun, round number, but it didn't change our approach...
by feh
Tue Aug 16, 2016 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: buying used car smarter than buying new?
Replies: 89
Views: 4561

Re: buying used car smarter than buying new?

From what I've read, it seems that buying used is usually a smarter choice. For example, I can get a 2014 SUV for about $18,500. The comparable 2016 model starts at about $26K. That's almost a 30% savings. I like the idea of someone else taking that initial depreciation hit. The used SUV is low mil...
by feh
Tue Aug 09, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard - why don't I 'feel' good about them?
Replies: 36
Views: 3448

Re: Vanguard - why don't I 'feel' good about them?

LAlearning wrote:Don't move. Fidelity = Vanguard now essentially.


+1

I am a boglehead that has 90%+ of our portfolio w/ Fidelity.
by feh
Tue Jul 26, 2016 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: saving without goals?
Replies: 23
Views: 2808

Re: saving without goals?

We are still in a life stage where there are a lot of unknown large expenses out there. Right now we save about half our after-tax/401k salaries, but with no real goal in mind other than to keep accumulating for who knows what may come in the future. At what point do we stop saving for the possible...
by feh
Tue Jul 26, 2016 12:05 pm
Forum: Investing - Theory, News & General
Topic: Declining or Rising equity allocation in retirement?
Replies: 110
Views: 7117

Re: Declining or Rising equity allocation in retirement?

But having this bucket approach to say the first 10 years in retirement so you can not worry about equities because they always come back within 10 years, is IMO very foolish, and all one needs to demonstrate how foolish it is is to look at Japan since 1990, an out-of-sample test. I think one must ...
by feh
Tue Jul 26, 2016 11:36 am
Forum: Investing - Theory, News & General
Topic: Prepaid part of mortgage counted in AA?
Replies: 16
Views: 684

Re: Prepaid part of mortgage counted in AA?

Pete12 wrote:
So to answer your question, I would think about higher payments for a 15 year mortgage differently from pre-payments on a 30 year.


This is just mental accounting.

Responses above provide all the info you need. The value of your home is an asset; your mortgage is a liability.
by feh
Sat Jul 16, 2016 7:32 am
Forum: Personal Consumer Issues
Topic: discount cards for prescriptions?
Replies: 27
Views: 1557

Re: discount cards for prescriptions?

This has happened to me. A pharmacy automatically charges the full insurance copay, but if I ask them to give me the non-insurance price, in some cases it has been lower. But they do not volunteer that information. As I was shopping prices, I discovered 2 of our scripts are in this situation - the ...
by feh
Fri Jul 15, 2016 9:43 am
Forum: Personal Consumer Issues
Topic: discount cards for prescriptions?
Replies: 27
Views: 1557

discount cards for prescriptions?

Hi folks. I'm considering switching to an HDHP health plan. Under this plan, we would pay for prescriptions out of pocket, until the deductible is met. As a result, I'm pricing the prescriptions we currently need. I've found web sites like drugs.com and goodrx.com, which claim you can use their card...
by feh
Tue Jul 12, 2016 8:39 am
Forum: Personal Finance (Not Investing)
Topic: new Fido Visa card & mint.com
Replies: 5
Views: 344

Re: new Fido Visa card & mint.com

I was unable to add the Fido visa card to Mint.com What is the name under which the card appears in the Add New Account search, and which login credentials did you have to use? Fidelity login? I just did this to get things working... When adding the account, search under "Elan", as they a...
by feh
Tue Jul 12, 2016 8:06 am
Forum: Personal Finance (Not Investing)
Topic: new Fido Visa card & mint.com
Replies: 5
Views: 344

new Fido Visa card & mint.com

I started using my new Fido Visa card (which is replacing their Amex) a couple weeks ago. While the account shows up on the overview page, individual transactions are not being displayed, as though they either aren't recognized by mint, or aren't being pulled from Fido properly. Anybody else seeing ...
by feh
Mon Jul 11, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: how/where to cash foreign check
Replies: 10
Views: 501

how/where to cash foreign check

Hi folks.

I'm in the USA, and would like to cash a check made out to me in British pounds. My local credit union wants to charge me $65 for the favor. :!: :!: :!: :!:

Anybody have a recommendation for how I can cash this check, outside of calling local banks?
by feh
Fri Jul 08, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: Fidelity customers: Have you experienced pressure to buy active funds?
Replies: 76
Views: 4876

Re: Fidelity customers: Have you experienced pressure to buy active funds?

The lion's share of our portfolio is held at Fidelity. This has been the case for the last 3.5 years.

We've never been pressured to buy any specific fund. That includes a sit-down with our local rep to help us gauge our readiness for retirement.
by feh
Tue Jul 05, 2016 12:12 pm
Forum: Investing - Theory, News & General
Topic: Fixed 60/40 AA in retirement
Replies: 105
Views: 9234

Re: Fixed 60/40 AA in retirement

Our plan is to keep 60/40 indefinitely in retirement. Our initial withdrawal rate is 3%.
by feh
Thu Jun 30, 2016 10:12 am
Forum: Personal Finance (Not Investing)
Topic: 5% prepaid Visa cards: Insight?
Replies: 3
Views: 339

Re: 5% prepaid Visa cards: Insight?

Jags4186 wrote:
Wayyyy too much of a pain in the rear now. I would focus on savings account and checking account bonuses. They yield more than 5% anyway.


I agree. However, I've already gone to the trouble of setting up the accounts, so I will leave whatever balance earns 5%.
by feh
Thu Jun 30, 2016 9:52 am
Forum: Personal Finance (Not Investing)
Topic: 5% prepaid Visa cards: Insight?
Replies: 3
Views: 339

5% prepaid Visa cards: Insight?

From reading the other thread(s) regarding the savings accounts associated with these prepaid Visa cards, I'm aware that the maximum balance that will earn 5% is being reduced from $5000 to $1000. This is the case for Brink's, Western Union, Netspend and Ace Elite. There is another vendor, Insight, ...
by feh
Tue Jun 28, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Loans to Friends
Replies: 73
Views: 3708

Re: Loans to Friends

Will do good wrote:If he was a good friend he should have called you to ask


A good friend would never dream of such a request, regardless of the medium.
by feh
Fri Jun 03, 2016 12:03 pm
Forum: Investing - Theory, News & General
Topic: Dividends Useless?
Replies: 154
Views: 8025

Re: Dividends Useless?

abuss368 wrote:
feh wrote:
maj wrote:Receiving a dividend is no better or worse than selling shares for income.


Taxes.


Depending on the individual taxpayer there may be no difference.


True, but as of today, the tax rate on capital gains may be lower than the rate on income. The same cannot be said for the reverse.
by feh
Fri Jun 03, 2016 11:45 am
Forum: Investing - Theory, News & General
Topic: Dividends Useless?
Replies: 154
Views: 8025

Re: Dividends Useless?

maj wrote:Receiving a dividend is no better or worse than selling shares for income.


Taxes.
by feh
Thu Jun 02, 2016 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Boglehead Investing with Fidelity/ishares
Replies: 22
Views: 1614

Re: Boglehead Investing with Fidelity/ishares

mrwheelerdealer wrote:
stlutz wrote:Is this in a retirement account or a taxable account? That could influence some of your decisions.

Taxable


FSTVX
FSITX
FSGDX

IJS/SCZ

Nothing at all wrong w/ Fidelity mutual funds.
by feh
Tue May 31, 2016 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Any problems with netspend
Replies: 63
Views: 5738

Re: Any problems with netspend

protagonist wrote:Will this apply to existing customers or just new customers?\
If true, this is an important piece of information.


For existing accounts, goes into effect on 7/1.

I don't know about new accounts.
by feh
Tue May 31, 2016 12:43 pm
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 202
Views: 26049

Re: guaranteed 5% vs stocks?



This makes me cranky. :annoyed

I'm just glad I didn't break any CDs to fund these accounts.
by feh
Fri May 27, 2016 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Why is social security paying so low?
Replies: 49
Views: 5964

Re: Why is social security paying so low?

misterno wrote:If your wife is not working they pay her 50% of your SS check

If your wife is working but her SS check is less than your 50%, then they pay her 50%

So working wife pays into SS for nothing


You still seem to be thinking about SS as something it isn't.
by feh
Fri May 27, 2016 7:52 am
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 202
Views: 26049

Re: guaranteed 5% vs stocks?

I have yet to receive any one of my cards so far in less than two weeks (3 netspends, and I am waiting now for my first Brinks). Then figure another couple of working days to get test deposits processed after activating your account and then a day or so to deposit money, assuming it is ready to go....
by feh
Thu May 26, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Why is social security paying so low?
Replies: 49
Views: 5964

Re: Why is social security paying so low?

Now that I am thinking, SS also pays 50% of your SS check to your spouse also assuming she never worked in her life. I think it is a very good deal :) You need to keep in mind that SS is not a retirement account; you won't be "getting back" money you paid into the system. Don't expect tha...
by feh
Thu May 26, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 513
Views: 47032

Re: What's Your Credit Card Rewards Strategy?

I am unwilling to churn or use different cards for different categories of purchases.

We have 2 cards which provide 2% back on all purchases: Fidelity and Priceline.
by feh
Thu May 26, 2016 1:18 pm
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 202
Views: 26049

Re: guaranteed 5% vs stocks?

simmias wrote:I'd go in this order:
1-5 (tie) Netspend, Brinks, WU Netspend, Ace Elite, Insight
6 HEB Netspend
7 Mango
8 Paypal


Could somebody please provide a link for the Insight card?

Thanks.
by feh
Thu May 26, 2016 11:52 am
Forum: Investing - Theory, News & General
Topic: Bernstein says emergency fund part of your "asset allocation?"
Replies: 62
Views: 5666

Re: Bernstein says emergency fund part of your "asset allocation?"

I am retired, and of course I use all assets as part of my overall AA. Cash is simply a part of the FI portion of the AA. I try to keep things as simple as possible. I am transitioning from accumulation to decumulation. While I have never considered our EF as part of our portfolio, I think once I'm...
by feh
Tue May 24, 2016 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Rebuilding our house for $1.5M: Bad Idea Financially?
Replies: 91
Views: 8734

Re: Rebuilding our house for $1.5M: Bad Idea Financially?

TL;DR: Looking for feedback on if rebuilding our house is a terrible. Specifically if I’m thinking about the financial aspect the right way. I'm not gonna give you advice on whether it's something you can afford or not. I will tell you that there's no way I would spend $1.5M on a house. Absolutely ...
by feh
Thu May 19, 2016 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: 27 y/o, need some career advice
Replies: 42
Views: 2638

Re: 27 y/o, need some career advice

Fair points, you are correct. My company provides great benefits, i agree. The point I'm trying to get at is that my base salary should be higher based off my skill set and what i produce for the company. I'm looking for a base of 120-130k , which would keep me content. Total compensation is what y...
by feh
Tue May 17, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: What % do you have in alternatives? REITs, commodities, etc.)
Replies: 67
Views: 4137

Re: What % do you have in alternatives? REITs, commodities, etc.)

neomutiny06 wrote:Alternatives, which I am defining as REITS, commodities, and perhaps sector funds.

What percentage of your portfolio includes them? Some experts say 0% is fine, not a necessary asset class. However, some have 10-15% in REITS, 5% in commodities, etc.


Zero.

Do tilt to SV, though.
by feh
Tue May 17, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 202
Views: 26049

Re: guaranteed 5% vs stocks?

In response to this thread, I have set up 3 Netspend accounts and deposited $5K in each, and it has been anything BUT simple. Without going into details, I ran into multiple snags along the way and spent a lot of time with several phone calls. Now I am at the point of trying to set up automatic dep...
by feh
Mon May 16, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: private health insurance: broker or no?
Replies: 2
Views: 389

private health insurance: broker or no?

I need to obtain health insurance for my family; for the first time in my adult life, I won't be using something provided by my employer. My question is - do brokers provide any useful service? Or are they just middle men taking their cuts? Would it be better to deal directly with the health insuran...
by feh
Tue May 10, 2016 11:38 am
Forum: Investing - Theory, News & General
Topic: liquid cash in retirement: keep 2-3 years of expenses?!
Replies: 17
Views: 2822

Re: liquid cash in retirement: keep 2-3 years of expenses?!

In general, I agree with the thought that it doesn't make sense to have a bucket of 2-3 years in cash. However, I think there is at least one situation where it makes sense...an early retiree who is living off of taxable accounts only (no pension, no SS). For tax efficiency, that taxable account is ...
by feh
Tue May 10, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: Don't stay the course
Replies: 118
Views: 17238

Re: Don't stay the course

edge wrote:Sometimes (once or twice a generation) the market is insanely overvalued or undervalued relative to historical norms and action is warranted.


+1

If we were to see PE ratios like we did in 1999, I think I would reduce our equities 10-20%.
by feh
Mon May 09, 2016 12:05 pm
Forum: Investing - Theory, News & General
Topic: End of Golden Era for Investors...?
Replies: 58
Views: 8958

Re: End of Golden Era for Investors...?

I guess what I'd really like to hear are just some of the more experienced and wiser investors comment as to what it would have made them do with their money upon being faced, at age 28, with the macroeconomic and investing environment that McKinsey posits is a near-inevitability in the next 20 yea...
by feh
Wed May 04, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Short visit to Toronto
Replies: 33
Views: 2137

Re: Short visit to Toronto

In other words - driving and traffic in downtown Toronto is similar to Chicago and NYC. Congested and lots of taxis. We had a visitor from Toronto in our office just yesterday, and he illuminated us on the traffic of Toronto. I had no idea it was so horrific. His comments made it sound worse than e...
by feh
Sun May 01, 2016 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: tax shelter for passive income?
Replies: 6
Views: 876

Re: tax shelter for passive income?

Perhaps reconsider your $60K LLC membership flow through. I'm not following how you're getting a $60K K-1 statement and not getting the money. I have a small stake in the LLC. I have no say as to what the company does with profits; they may be distributed, or they may be invested back into the busi...
by feh
Sat Apr 30, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: tax shelter for passive income?
Replies: 6
Views: 876

tax shelter for passive income?

Hi folks. Before I get to my question a couple comments: 1) I know this is a first-world problem and 2) I'm not looking to evade taxes, just avoid them. Early retirement is coming soon, and I was very much looking forward to being one of those folks that pay zero taxes . However, I am a member of an...
by feh
Fri Apr 29, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 106
Views: 9363

Re: Selling in May and Walking Away?

chicagoan23 wrote:I am thinking of moving equities down from about 75% of my portfolio to maybe 60%....Just wondering if others are thinking along those same lines.


Absolutely not.
by feh
Wed Apr 27, 2016 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help me convince my spouse
Replies: 34
Views: 3704

Re: Help me convince my spouse

Interesting to see several users argue in favor of the advisor. I am very new here, but I thought the prevailing opinion was that using an advisor is akin to throwing money away. At any rate, these response have made me rethink my position. Maybe Vanguard will turn out to be a perfect compromise. I...
by feh
Wed Apr 27, 2016 11:55 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau on life-cycle finance retirement planning
Replies: 15
Views: 2222

Re: Wade Pfau on life-cycle finance retirement planning

Pfau's recommendations remind me of Jim Otar's, who recommends SPIAs much more heavily than most of the investing community.

It would seem to me this makes early retirement more difficult; you'd need a bigger pile of money at the start, no?
by feh
Wed Apr 27, 2016 11:45 am
Forum: Investing - Theory, News & General
Topic: Why not ETFs?
Replies: 57
Views: 4461

Re: Why not ETFs?

One advantage of ETFs that I've encountered is tax loss harvesting. Many mutual funds have a minimum holding period (60/90 days) that can prevent one from selling them at a loss. This is now 30 days for Vanguard, which matches the wash sale period that would prevent you from going back into the sam...
by feh
Wed Apr 27, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: Why not ETFs?
Replies: 57
Views: 4461

Re: Why not ETFs?

One advantage of ETFs that I've encountered is tax loss harvesting. Many mutual funds have a minimum holding period (60/90 days) that can prevent one from selling them at a loss.

That being said, the vast majority of our portfolio is in mutual funds.
by feh
Mon Apr 25, 2016 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Relocating to a tax free state with good weather need advice
Replies: 97
Views: 8889

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

uncaD wrote:Consider states like Arizona and Colorado that have (low-ish) income taxes but have much lower property taxes than states with no income taxes like Texas and Florida.


Our retirement state will be CO. Good weather, low (but not no) state tax.
by feh
Wed Apr 20, 2016 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Any problems with netspend
Replies: 63
Views: 5738

avoiding inactivity fee

A couple questions regarding avoiding the inactivity fee:

- activity needs to occur at least every 90 days, correct?
- is there a minimum amount for the transaction to "count"?
- does it matter if the transaction is a debit or credit?

Thanks!
by feh
Tue Apr 19, 2016 11:39 am
Forum: Investing - Theory, News & General
Topic: What is "wrong" with having more funds in a portfolio?
Replies: 70
Views: 4655

Re: What is "wrong" with having more funds in a portfolio?

The answer is I had been burned in the past with investing all of my money in a few (five or fewer) individual stocks, mostly IPOs and startup companies and other very speculative investments, and as you can imagine, it didn't turn out so well. After being scared out of investing for a few highly p...
by feh
Mon Apr 18, 2016 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: What expected % return should a longterm investor use?
Replies: 50
Views: 5440

Re: What expected % return should a longterm investor use?

David Jay wrote:I use 9% for my stock allocation and 4% for my bonds (I want to be conservative).


That doesn't strike me as conservative...

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