Search found 1314 matches

by flamesabers
Mon Oct 16, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 38
Views: 1799

Re: Bonus pushed back - should I be annoyed?

bonus noun :something in addition to what is expected or strictly due: such as a :money or an equivalent given in addition to an employee's usual compensation b :a premium (as of stock) given by a corporation to a purchaser of its securities, to a promoter, or to an employee I never counted on bonu...
by flamesabers
Mon Oct 16, 2017 3:17 pm
Forum: Personal Consumer Issues
Topic: contributing to friend's non-profit?
Replies: 24
Views: 1068

Re: contributing to friend's non-profit?

I have a long-time friend who is extremely bright but, for various reasons, his career has moved sideways. Now in his late 50s, he's struggled to land a ft role and instead, has had a string of consulting assignments. I'm not sure of his financial position...he may be quite wealthy or may be strugg...
by flamesabers
Mon Oct 16, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Projecting Tax Liability - Assistance Required
Replies: 5
Views: 280

Re: Projecting Tax Liability - Assistance Required

You are handling this tax situation properly so far - kudos for doing a great job estimating your taxes for this year (and looking ahead). To lower your "tax bill" next April, you can specify an amount to be withheld in addition to the normal withholding via the W-4. Sometimes that takes a pay cycl...
by flamesabers
Mon Oct 16, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 38
Views: 1799

Re: Bonus pushed back - should I be annoyed?

What do you think? Would you be irritated, or do you think I am over reacting? I think it depends on your circumstances. Do you have a contract with your employer that states your annual bonus must be paid by a certain date? If a bonus is not specified in your contract (or you don't have a contract...
by flamesabers
Mon Oct 16, 2017 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Hold bonds in taxable or tax-deferred accounts? I am confused
Replies: 4
Views: 285

Re: Hold bonds in taxable or tax-deferred accounts? I am confused

The more I read about the topic the more confusing it is. Should bonds/bond index funds be held in taxable or tax-deferred accounts. Ideally bonds should be held in tax-advantaged accounts because the interest earned from bonds is taxed as ordinary income. However, if you're in the 15% tax bracket,...
by flamesabers
Mon Oct 16, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390503

Re: What's Your Credit Card Rewards Strategy?

Last month Chase canceled my freedom card for non-use (it had been 14 months since I used it). For cards I don't use I set a recurring semi-annual reminder on my Google calendar to make a small purchase on them. For the small purchases I like to buy some extra text messages or data for my prepaid c...
by flamesabers
Fri Oct 13, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard make sense without a computer ?
Replies: 22
Views: 2217

Re: Does Vanguard make sense without a computer ?

OP, How does your relative manage other financial accounts like bank accounts and credit cards? If it's by telephone and USPS, I don't see why the same couldn't be done with Vanguard. Something to bear in mind is depending on the amount invested, your relative might have to pay an annual fee for not...
by flamesabers
Fri Oct 13, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5346

Re: Help me understand what happen with the new law and ACA subsidies

You will not be affected unless your income is at least about 14k under 44k (but not at least about 28k under 44k, for which there are no subsidies). Or if his insurance company pulls out of the market.... Is there a deadline for when insurance companies can withdraw from a market? Or is that a sta...
by flamesabers
Fri Oct 13, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 64
Views: 3544

Re: How many miles/years do you keep your car?

I'm currently driving a 2007 car that I purchased back in 2008. At the time of purchase, it had around 33k miles on it. As of late the mileage on it is about 88k. I have no plans to get a different car anytime soon. I have no rules on replacing cars just because they are x years old or have been dri...
by flamesabers
Fri Oct 13, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2520

Re: Social Security Card - Should I get a Replacement

Same for me; I'm domiciled in TX and they wanted my SS card. I still have my original card and it's laminated. I've heard reports that some DMV employees won't accept laminated cards. They would not accept my mailing address even though I had several letters, including the VA, sent to me there. She...
by flamesabers
Fri Oct 13, 2017 8:38 am
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1545

Re: $5.5K to invest - best strategy

On another note, it looks like funds just came out of my paycheck for traditional and Roth TSP mid-month. Is this normal that contributions are made in the middle of the month and again at the end? I just assumed it would all be deposited the end of the month. Yes, it sounds normal. TSP contributio...
by flamesabers
Fri Oct 13, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Pro and cons of the Prime offer by Amazon.......
Replies: 39
Views: 3622

Re: Pro and cons of the Prime offer by Amazon.......

The two day shipping is really convenient too... but I will admit that the convenience makes me buy more - maybe that's why they do it. I had the opposite experience back when the minimum spending for free shipping was $49. It seemed like I would end up buying more so I wouldn't have to pay for shi...
by flamesabers
Thu Oct 12, 2017 4:26 pm
Forum: Personal Consumer Issues
Topic: Driver's License Number in regards to Equifax Breach
Replies: 12
Views: 808

Re: Driver's License Number in regards to Equifax Breach

Earlier today I wrote about the REAL ID Act of 2005 (that's how Congress wrote its name). The post may help shed light. PJW From what I understand, MN residents will not be mandated to "upgrade" to the enhanced driver license or the Real ID driver license even after the October 1, 2020 deadline. Th...
by flamesabers
Thu Oct 12, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 49
Views: 5689

Re: How young is too young to retire.

I know this is really hypothetical but for the people on here, do you feel that there is an age that is simply too low to consider retirement regardless of assets? I don't think there is any particular age that is too young for retirement. However, it's simply not feasible for the vast majority of ...
by flamesabers
Thu Oct 12, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Driver's License Number in regards to Equifax Breach
Replies: 12
Views: 808

Re: Driver's License Number in regards to Equifax Breach

My DL number didn't change when I got a Real ID license. I suppose you could ask for a new number when you get the Real ID, but I'm not sure if they'll give you one (may depend on the state, of course). My Real ID license looks exactly the same as my old license except that it has a little gold sta...
by flamesabers
Thu Oct 12, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Tradelines
Replies: 36
Views: 1794

Re: Selling Tradelines

Interesting writeup here: https://wealthyaccountant.com/2017/10/11/tradelines-the-1000-an-hour-side-gig/ I think this statement from this article says a lot if banks finds out what you're doing: The banks generally don’t like tradelines being sold. Their biggest concern is fraudsters increasing the...
by flamesabers
Thu Oct 12, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 179
Views: 11211

Re: [Prevent mail theft; sign for USPS Informed Delivery]

After failing the security part of the verification process and waiting 72 hours and trying and failing again, I'm convinced that USPS doesn't know the correct answers to my ID verification questions. Yes, I know how much my home sold for, what year it was built, what counties I've lived in, old ph...
by flamesabers
Thu Oct 12, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1545

Re: $5.5K to invest - best strategy

What are your goals? If anything, your goals should be driving your investments. Goals are $10K/mo. passive income by 12/31/19 and $3M net worth by 12/31/20. When you're striving to build up your net worth I don't think speculating on bitcoins (or any other individual asset) is a good way to achiev...
by flamesabers
Thu Oct 12, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket in Retirement
Replies: 32
Views: 3171

Re: Tax Bracket in Retirement

My question is what are the factors that one can consider he/she'll be in a higher or lower bracket in retirement? One major factor is the time gap (if any) between when you stop working and when you start collecting social security. A tricky issue with social security income is it can be completel...
by flamesabers
Thu Oct 12, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Antivirus Software Recommendations
Replies: 36
Views: 2363

Re: Antivirus Software Recommendations

I use Eset and Malwarebytes (free version).
by flamesabers
Thu Oct 12, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 4748

Re: Is there boglehead consensus on buying a car?

I think the boglehead consensus is to buy a car you can afford. If you have enough money and your finances are solid, you could probably afford a newer, fancier car if you so desire. If on the other hand you're swamped in debt or you don't have good job security, I think the consensus would be to ge...
by flamesabers
Thu Oct 12, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 1545

Re: $5.5K to invest - best strategy

I would suggest putting the $5.5k in a Roth IRA. After all, you can only invest so much in retirement accounts and once the deadline has passed you can't make retrograde investments in retirement accounts for prior years.
by flamesabers
Thu Oct 12, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Driver's License Number in regards to Equifax Breach
Replies: 12
Views: 808

Re: Driver's License Number in regards to Equifax Breach

How does getting a "Real ID" driver license protect you from identity theft? My understanding is that it is just a driver license issued to minimum security standards. It might be more difficult for an identity theft to get an official driver license by impersonating you, but it doesn't prevent the...
by flamesabers
Thu Oct 12, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Problems obtaining a free annual Equifax credit report online
Replies: 29
Views: 1977

Re: Can't get Equifax report from Annual Credit Report site

My (recently implemented) security freeze was noted on the credit report. Was your freeze in place prior to trying the automated phone method for ordering your free report? I thought freezes don't negate your ability to request your credit report. :confused A credit freeze also does not:[1] affect ...
by flamesabers
Thu Oct 12, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Driver's License Number in regards to Equifax Breach
Replies: 12
Views: 808

Driver's License Number in regards to Equifax Breach

Hello all, Has anyone done anything specific to protect their driver license number in light of the Equifax breach? I've been seeing some articles stating the driver license numbers for up to 11 million Americans may have been leaked. http://www.businessinsider.com/equifax-data-breach-included-drive...
by flamesabers
Thu Oct 12, 2017 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2520

Re: Social Security Card - Should I get a Replacement

The compelling reason to get an Enhanced Drivers License is the REAL ID Act. All REAL ID compliance extensions expired on October 10th 2017. In January of 2018 you will need one to enter all Federal Buildings.... OK, so let's say it's January and I need to replace my missing SS card so I can get th...
by flamesabers
Wed Oct 11, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate mystery
Replies: 24
Views: 1723

Re: I Bond fixed rate mystery

OP, I don't think there is much point on dwelling on what the new fixed rate will be next month. Even if the fixed rate suddenly increased by a significant amount in November, you can always purchase up to $10k more of I-Bonds at the higher rate during the first few months of 2018. I'm rather uneduc...
by flamesabers
Wed Oct 11, 2017 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2520

Re: Social Security Card - Should I get a Replacement

I have been wondering whether I should go down to the SS office and fill out an application for a new card. You can very easily request a new card online: https://www.ssa.gov/myaccount/ When I did it, it was free. It still is free. There is a limit though as to the number of replacement cards you c...
by flamesabers
Wed Oct 11, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance as an inheritance?
Replies: 10
Views: 494

Re: Term Life Insurance as an inheritance?

Hi, I was wondering if anyone continues their term-life insurance, even after they are financially independent and/or have retired? I was looking at term4sale.com, and for a 50-year-old male, a $1 million, 30-year term life costs about $2,500 to $3,000 per year. So, at the worst (or best?) case, he...
by flamesabers
Wed Oct 11, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Card - Should I get a Replacement
Replies: 47
Views: 2520

Re: Social Security Card - Should I get a Replacement

If I couldn't find my SS card I would only order a replacement if I was going to need it sometime in the near future. The only times I needed my SS card was when I joined the army and when I got my passport. Do you have a online social security account? If so, you might be able to apply for a replac...
by flamesabers
Wed Oct 11, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7372

Re: Do you want your receipt?

Seems that a lot of you collect receipts for a security blanket. No one will commit small dollar credit card fraud at a starbucks, just about any cc fraud is very easy to recognize on a statement unless you make so many $100+ purchases at best buy or walmart that you can't recognize a fake one. Thi...
by flamesabers
Wed Oct 11, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Pro and cons of the Prime offer by Amazon.......
Replies: 39
Views: 3622

Re: Pro and cons of the Prime offer by Amazon.......

OP, I think it really depends on the individual. For instance: How much do you buy on Amazon? Are you interested in getting the Amazon Store Card or Amazon Visa Card? Are you going to use the other services offered by Amazon? Do you prefer to save on shipping by using the slower delivery option or w...
by flamesabers
Tue Oct 10, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Cheapest thing you ever heard of to save money
Replies: 34
Views: 2547

Re: Cheapest thing you ever heard of to save money

My father would park his car on the street and honk the horn for me to run out and push it up the driveway by hand in order to save gas. The neighbors would come out to watch. Pulling out he would open the driver's door and push it down the driveway with his foot into the street before starting the...
by flamesabers
Tue Oct 10, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: Equifax - credit freeze is now free?
Replies: 60
Views: 7052

Re: Equifax - credit freeze is now free?

It's been almost a month since I used ChexSystems freeze. The confirmation said I would receive a pin and instructions within 3 business days. That has not happened. Anybody else not get theirs yet? A lot of people have been experiencing a delay for their ChexSystems PIN. See this thread for more i...
by flamesabers
Tue Oct 10, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Please help with simplifying my accounts
Replies: 8
Views: 445

Re: Please help with simplifying my accounts

Are you wanting to have a single broker (i.e. Vanguard, Fidelity, Schwab, etc.)? If so, which one do you think best fulfills your needs along with having the most sensible ERs? Taxable Accounts Is it feasible for you to move the high ER funds to a fund(s) with a more reasonable ER? Wife's IRA Is her...
by flamesabers
Tue Oct 10, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7372

Re: Do you want your receipt?

By checking every time you maybe a purchase in "pending charge" I do this on my chase app. The charge hits within seconds and it takes only a second to check. My Capital One app gives me a notification whenever a charge is made to my Quicksilver card. It's pretty close to instantaneous, so it's eas...
by flamesabers
Sun Oct 08, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 24661

Re: Is a security freeze at Innovis really needed?

Is the Innovis PIN the same as the freeze confirmation number? I did not see anything specifically called a PIN in my confirmation letter. It's also interesting that my Chex report is very minimal with regards to it's contents relative to the accounts I have had. Makes me wonder if banks really use...
by flamesabers
Sun Oct 08, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 4895

Re: Anyone go 100% Ally or another online bank for all banking needs?

So long as you're not having to pay fees or maintain large balances, I don't see the incentive to cut all ties with your local B&M bank. It's not much of a hassle for me to generate a little activity for my B&M bank account every other month or so to prevent it from being classified as a inactive ac...
by flamesabers
Sat Oct 07, 2017 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Paternity/Maternity Leave & Its Influence on Career Trajectory
Replies: 23
Views: 1665

Re: Paternity/Maternity Leave & Its Influence on Career Trajectory

My wife is expecting #2 early next year. My company allows up to 12 weeks (!!) Paternity leave. You're allowed to take it over the child's first year following their birth. You can take it in day increments if desired, if your manager allows. FMLA required 12 weeks paternity leave (unpaid). Is your...
by flamesabers
Sat Oct 07, 2017 10:30 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 7372

Re: Do you want your receipt?

Since I use my Citi cashback card for just about every purchase, I always get a receipt and keep it until I go online and make sure the proper amount has been charged. Seems like the receipt is the only proof you have if a charge is wrong. Just a habit of mine! Agreed. It's also my proof to the pol...
by flamesabers
Sat Oct 07, 2017 10:20 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 95
Views: 8555

Re: VG wants everyone to transfer to a brokerage account?

1099s received much later. With old platform I have taxes done before I'd receive the 1099s with a brokerage system. This is not just personal preference. It's become a matter of identity security. When the 1099's issue is a function of the investments not the platform. If you only had Vanguard mut...
by flamesabers
Sat Oct 07, 2017 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Paper checks, how safe are they?
Replies: 31
Views: 1850

Re: Paper checks, how safe are they?

I this is the banks’ problem. They need to verify the identity of the people who cash the checks. Some banks don’t cash checks from strangers perio Banks already have an incentive to prevent check fraud: they could be the ones who have to eat the loss from a fraudulent or bogus check. From what I'v...
by flamesabers
Sat Oct 07, 2017 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Is a security freeze at Innovis really needed?
Replies: 68
Views: 24661

Re: Is a security freeze at Innovis really needed?

BigJohn wrote:
Sat Oct 07, 2017 6:39 am
Received PIN from Innovis on Wednesday, right at 2 weeks since I did the freeze. Still waiting for PIN from ChexSystems.
Even though I applied for both freezes at the same time, it took about a week or so longer for me to get the PIN from Chexsystems
by flamesabers
Fri Oct 06, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2242
Views: 390503

Re: What's Your Credit Card Rewards Strategy?

to those with recent denials: There is a new rule from Bank of America whereby they’ll only approve you for at most two cards per rolling 2 months, three cards per rolling 12 months, and four cards per rolling 24 months. Let’s call this the ‘2/3/4 rule‘. Do you have an article link by chance for th...
by flamesabers
Fri Oct 06, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Paper checks, how safe are they?
Replies: 31
Views: 1850

Re: Paper checks, how safe are they?

I've always used (and still do) use paper checks to pay some bills. In this electronic age, are paper checks still as safe as they always were? The checks contain your bank account number, routing number, name, address, etc. All prime info for someone looking to steal your identity. I mostly concer...
by flamesabers
Fri Oct 06, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: VIPSX
Replies: 5
Views: 404

Re: VIPSX

I think your question is a bit too vague without additional information. For instance:

-What is your asset allocation?
-What other funds are available in your 401k?
-How close are you to retirement?
-Are you already investing in savings bonds?
by flamesabers
Thu Oct 05, 2017 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Transunion Credit freeze
Replies: 5
Views: 435

Re: Transunion Credit freeze

I noticed the same thing when I went to check out the freezing process for Transunion. It looks like if you don't want to create an account, you'll have to do the freeze by phone or by mail.
by flamesabers
Thu Oct 05, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 3935

Re: Trying to convince my sister not to use a financial advisor

Toons wrote:
Thu Oct 05, 2017 4:44 pm
She is convinced.
Let It Go.
Whatever happens will work out for the Best :happy
I agree.

OP, as much as you want to save her from making this costly mistake, it's her money at the end of the day. Hopefully it dawns on her soon how much of a lousy deal a 1.4% AUM fee really is!
by flamesabers
Thu Oct 05, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3764

Re: How do you value your time?

I'm the kind of person who parks a mile away to avoid paying $20 for parking. I recently got married so this behavior is creating a lot of conflict. My spouse believes in "paying for convenience". I need help in how to value my time so I can find some common ground with my spouse. If I take my annu...
by flamesabers
Thu Oct 05, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: Throwing Down with a Primerica Advisor
Replies: 45
Views: 3201

Re: Throwing Down with a Primerica Advisor

Hey all, Thanks for the feedback. For those concerned, there is literally not a think she could say that would ever convince me to change investment strategies. Like Eva. 😜 I never mind discussing investing with people. I'm mostly just interested to see what kind of pitch she makes me and how she a...