Search found 1133 matches

by gvsucavie03
Sat May 27, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 33
Views: 1612

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

avalpert wrote:You may not be an insurance saleperson - but you sure spit out tag lines like one.


Exactly what I thought.
by gvsucavie03
Sat May 27, 2017 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 33
Views: 1612

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

The theory of transferring risk of death (lost income) and making it permanently insurable is not a horrible concept. Paying a modest premium like with home, disability, auto and other insurances does leverage my money in the event of catastrophe. But this is theory with whole life insurance. In rea...
by gvsucavie03
Sat May 27, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 33
Views: 1612

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

Be sure you have sufficient term insurance in place first. Dump the whole life garbage. Save like heck and self-insure. Do more research before you buy another financial product. What contract is "garbage"? A whole life contract can be a term policy. A level premium contract payable at de...
by gvsucavie03
Sat May 27, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???
Replies: 33
Views: 1612

Re: Second Thoughts on Whole Life Insurance <1 Year into it - Advice???

Be sure you have sufficient term insurance in place first. Dump the whole life garbage. Save like heck and self-insure. Do more research before you buy another financial product.
by gvsucavie03
Sat May 27, 2017 6:19 pm
Forum: Personal Consumer Issues
Topic: Recommendations for moisturizing lotions that don't feel greasy
Replies: 24
Views: 1185

Re: Recommendations for moisturizing lotions that don't feel greasy

runner540 wrote:
alec wrote:
mancich wrote:Regular Aveeno works great. And even the Equate brand (Walmart generic) works really well and costs a lot less.


:beer Aveeno is great.


3rd vote for anything Aveeno.


4th
by gvsucavie03
Sat May 20, 2017 6:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

As someone sitting at ~30/24, I tend to agree with you but I think one needs to look at the big picture to fully analyze the scenario you mention. Some points to consider: If you do wait out 5/24 the following occurs: * You reset your 24 mo clock on all Chase cards meaning you can get more than jus...
by gvsucavie03
Tue May 16, 2017 6:52 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1791
Views: 1000160

Re: The Three-Fund Portfolio

I know this has been asked before so forgive me. I am invested at Fidelity and trying to figure out to get the pf % I desire in a lot less funds over multiple accounts. I can figure what is close to the vanguard choices most of you love but I would like some other suggestions on funds that compare ...
by gvsucavie03
Mon May 08, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: Why Does The 60/40 Work So Well?
Replies: 72
Views: 9145

Re: WHy Does The 60/40 Work So Well?

Here's a good place to review the data...

https://personal.vanguard.com/us/insights/saving-investing/model-portfolio-allocations

8.7% return over the long haul. Swings are not as wild as 100% stocks, but you do get the benefit of stock appreciation.
by gvsucavie03
Mon May 08, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18099

Re: Why save so much for when you're old?

This is a great book: https://www.amazon.com/Make-Your-Money-Last-Indispensable/dp/1476743762 . I think she does a great job of discussing retirement from many different perspectives. Remember also that this is personal finance. It doesn't really matter what anyone tells you or advises you to do. Ju...
by gvsucavie03
Sat May 06, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

If there is fraud I'll get a phone call or letter. Are you sure? Seems very risky. I suppose checking your credit reports annually would also work, but what if a thief maxes out the card 9 months or more before you catch it? I wouldn't be responsible for it though. I would have to call the credit r...
by gvsucavie03
Sat May 06, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

If there is fraud I'll get a phone call or letter. Are you sure? Seems very risky. I suppose checking your credit reports annually would also work, but what if a thief maxes out the card 9 months or more before you catch it? If you stick to paper billing (which you probably should if you're churnin...
by gvsucavie03
Sat May 06, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

pennstater2005 wrote:If there is fraud I'll get a phone call or letter.


Are you sure? Seems very risky. I suppose checking your credit reports annually would also work, but what if a thief maxes out the card 9 months or more before you catch it?
by gvsucavie03
Wed May 03, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

Barefootgirl wrote:I was doing a little portfolio analysis last night and realized that cash on hand to take advantage of various credit and bank offers has it's own category lol.


Yup!
by gvsucavie03
Tue May 02, 2017 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

I have quite a few credit cards now. The ones with annual fees in the second year I cancel right after the bonus is completed and rewards are received. The others I still have. Should I cancel these slowly over time or just all at once? Does it make a difference? I'm not overly worried about my cre...
by gvsucavie03
Sun Apr 30, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

I have quite a few credit cards now. The ones with annual fees in the second year I cancel right after the bonus is completed and rewards are received. The others I still have. Should I cancel these slowly over time or just all at once? Does it make a difference? I'm not overly worried about my cre...
by gvsucavie03
Sun Apr 30, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

Chase Freedom just posted the $175 bonus ($150 plus $25 for adding my wife) and I haven't even made my first payment yet.
by gvsucavie03
Sat Apr 22, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

Yeah, Citi markets it as a "simple" card, which it's really not, with their "You get 1% cash back when you buy, and another 1% cash back when you pay!" nonsense. But it does, with one exception, work out to be a 2% card (assuming you pay all your bills in full and on time). If y...
by gvsucavie03
Sat Apr 22, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

I use many of the same cards as you. And like you, I typically use my pen fed card for gas purchases. However, it recently occurred to me (now that I have the Chase Sapphire Reserve as well as the Chase Freedom) that if I charge gas to the Chase Freedom in the quarters when Chase is offering the 5%...
by gvsucavie03
Tue Apr 18, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

You can easily come up with a realistic current budget on cruise line's website. For example, leaving out of MIA next summer, a 7 night Caribbean cruise is ~$1K per person, a 3 night Bahamas cruise is $350 This is what I'm after. Thanks. Not looking too deep into details. Just a general idea and so...
by gvsucavie03
Tue Apr 18, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

If budget is a big factor (and it sounds like it is), I'd narrow your search to cruises in and around the US. The two most popular (and generally, best) options are the Caribbean if you like blue water, warm weather and sandy beaches, and Alaska if you like nature, wildlife, trees, and mountains. N...
by gvsucavie03
Tue Apr 18, 2017 3:27 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

I check their 90 day ticker all the time for last minute deals... Itineraries do change over time.... The cost of a cruise will vary greatly... The OP is planning a cruise they won't be taking for TEN YEARS . It is impossible to provide any relevant information on what prices or itineraries will be...
by gvsucavie03
Mon Apr 17, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

Wow, great info!! I live in central Michigan, so yes, airfare will add quite a bit more. I figure closer to $4,000 by the time we budget for the cruise itself, airfare and extras. Maybe 15 year anniversary... We are doing a Chicago weekend this year for our 10th. I'm a teacher, so yes, this is a pr...
by gvsucavie03
Mon Apr 17, 2017 7:09 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

I would suggest that you first decide what locations you are interested in seeing. Then figure out if those locations are primarily served by ocean or river cruises. (You should also do some research to understand how the two differ from each other.) There are an almost infinite number of possibili...
by gvsucavie03
Mon Apr 17, 2017 7:08 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Re: Best cruise

Wow, great info!! I live in central Michigan, so yes, airfare will add quite a bit more. I figure closer to $4,000 by the time we budget for the cruise itself, airfare and extras. Maybe 15 year anniversary... We are doing a Chicago weekend this year for our 10th. I'm a teacher, so yes, this is a pre...
by gvsucavie03
Mon Apr 17, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Best cruise
Replies: 50
Views: 3856

Best cruise

My wife and I are starting to plan for a cruise. This will likely be 5-10 years out. We need to start looking at options to get a realistic budget and then set destination and other things we'd like to do. First, we are paying cash (credit card, pay off immediately). No home equity loans, etc. Secon...
by gvsucavie03
Sat Apr 15, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Just did some math on the heloc... My CU that owns my mortgage has both a heloc and fixed loan starting at 3.5%. No annual fee or prepayment penalty. Rate assumes you have their checking account, which I do. Say I borrow $10,000 to do the Capital One MMA bonus ($200). Pays in 6-8 weeks. 2 months at...
by gvsucavie03
Sat Apr 15, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Just did some math on the heloc... My CU that owns my mortgage has both a heloc and fixed loan starting at 3.5%. No annual fee or prepayment penalty. Rate assumes you have their checking account, which I do. Say I borrow $10,000 to do the Capital One MMA bonus ($200). Pays in 6-8 weeks. 2 months at ...
by gvsucavie03
Sat Apr 15, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

The last one I got was not targeted, do this one: http://www.doctorofcredit.com/capital-one-360-200-money-market-bonus-publicly-available-1-apy-requires-10000-deposited/ Limited by the pocketbook... Mine were all $1,500 or less. Don't have a spare $10k just sitting around. When I do, I want to do C...
by gvsucavie03
Fri Apr 14, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

I did it last fall. There are some conditions. Obviously you have to have the cash to put in savings, then you have to keep that money in there for like 3 months. I moved the money back to my usual savings account, but i had to keep $300 in savings to avoid paying a monthly fee for the checking acc...
by gvsucavie03
Fri Apr 14, 2017 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Did the savings $300 earlier this year. Very easy. It took about 15 minutes to set it up, I handed over a check for $15K and waited. The bonus came right on time. I pulled the 15K after the required time period and only left the minimum to avoid a fee. Closed it after the 6-month period and am awai...
by gvsucavie03
Fri Apr 14, 2017 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

The last one I got was not targeted, do this one: http://www.doctorofcredit.com/capital-one-360-200-money-market-bonus-publicly-available-1-apy-requires-10000-deposited/ Limited by the pocketbook... Mine were all $1,500 or less. Don't have a spare $10k just sitting around. When I do, I want to do C...
by gvsucavie03
Wed Apr 12, 2017 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Last year: Huntington $200, $350 Fifth Third $200 US Bank $125 Northpointe $50 Discover (NEA) $50 Chase $300 Key Bank $200 Schwab $100 First Federal $150 This year: Wells Fargo $250, $250 Level One $300 Preferred Credit Union $125 Key Bank $300 My Banking Direct $100 Santander $150 Waiting on BMO H...
by gvsucavie03
Tue Apr 11, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Last year: Huntington $200, $350 Fifth Third $200 US Bank $125 Northpointe $50 Discover (NEA) $50 Chase $300 Key Bank $200 Schwab $100 First Federal $150 This year: Wells Fargo $250, $250 Level One $300 Preferred Credit Union $125 Key Bank $300 My Banking Direct $100 Santander $150 Waiting on BMO Ha...
by gvsucavie03
Tue Apr 11, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

Just opened my accounts today with Chase to receive the bonus. In reading the fine print about the direct deposits, I see that it says it must be from an employer or government issue (ie, social security). I've seen in the past that an ACH transfer from Wells Fargo and other banks have worked. Can ...
by gvsucavie03
Tue Apr 11, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?
Replies: 63
Views: 7904

Re: Chase $500 Bonus For New Checking/Savings Accounts - Worth It?

We did the $300 checking bonus. $1,500 put away for 6 months to avoid monthly fees. Pretty easy, just showed up in person to get it started.

Check out Hustler Money Blog.
by gvsucavie03
Mon Apr 03, 2017 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund...Savings, Money Market, or CD?
Replies: 22
Views: 2643

Re: Emergency Fund...Savings, Money Market, or CD?

One should have liquid, availabor cash as a prerequisite to investing. Large EF's could have CD ladders or short-term bond funds built in tiers, but I strongly feel there needs to be a cash cushion. I don't consider my FI allocation as part of my EF or vice versa. My EF is completely separate. I do ...
by gvsucavie03
Thu Mar 30, 2017 5:14 pm
Forum: Investing - Theory, News & General
Topic: Do you use lifestrategy/ asset allocation funds?
Replies: 61
Views: 9207

Re: Do you use lifestrategy/ asset allocation funds?

My IPS tells me to stick with my appropriate TR fund until I have enough to buy the 3-Fund Portfolio as separate funds. Once the portfolio is large enough, Admiral shares automatically kick in. Out retirement is simple enough that the 3-F P makes sense.
by gvsucavie03
Wed Mar 29, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

It's incredible how long this thread is and how complicated the rewards points seem to be. On a modest income, i just redeemed $100 in rewards last month for stuff we normally buy with just a few basic cash-back cards. Average month has been around that same amount. Seems fairly simple yet somewhat ...
by gvsucavie03
Fri Mar 24, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund...Savings, Money Market, or CD?
Replies: 22
Views: 2643

Re: Emergency Fund...Savings, Money Market, or CD?

We have a LMCU Max Checking account that earns 3% on up to $15,000. Must have DD, 10 debit and 4 online logins per month. We also have an Ally MMA earning .85%.
by gvsucavie03
Sat Mar 04, 2017 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

I just signed up for Chase Freedom 5% rotating categories. $150 bonus for $500 in purchases in first three months and an additional $25 for authorized user. This was timed specifically for next quarter's grocery category... I'll take a break from the Amex Blue Cash Preferred, then go back after $1,5...
by gvsucavie03
Sat Mar 04, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Seems Dave Ramsey is right about debt
Replies: 55
Views: 10678

Re: Seems Dave Ramsey is right about debt

Dave Ramsey has a completely different audience than Bogleheads. We've already established that the BH way is not the norm. Most people in this country would indeed benefit from the DR approach to handling money. Once you graduate from DR, then you're ready for BH. Ramsey helps you get out of debt,...
by gvsucavie03
Tue Feb 28, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Seems Dave Ramsey is right about debt
Replies: 55
Views: 10678

Re: Seems Dave Ramsey is right about debt

Dave is step one on many financial topics for many people. We did the class and the debt snowball, but "fudged" along the way to pay off a car faster. Still driving it at almost 200,000 miles. Paid off about $70,000. Now my wife and I have a house on a 30-year note (paying like a bi-weekly...
by gvsucavie03
Sun Feb 12, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1791
Views: 1000160

Re: The Three-Fund Portfolio

Assuming that half my assets are IRA and the other half are non-IRA, that I go for the three fund strategy holding all three in equal amounts, further assuming I'm in the 33% tax bracket, how should I divide them between IRA and non-IRA to obtain the most tax-efficient strategy? Thanks in advance. ...
by gvsucavie03
Fri Feb 10, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

Nothing. Stay out of debt. Use cards as little as possible. Pay of immediately. Well, you might want to actually read this thread. You are missing out! Ours end up being rebate cards... Paid in full every month, 5% back for gas, 6% back for groceries, 3% for Penny's and Kohl's and 2% for other majo...
by gvsucavie03
Sat Feb 04, 2017 6:59 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1791
Views: 1000160

Re: Adding bond funds?

Duffydog1: Vanguard's Total Bond Market Index Fund is an extremely diversified and low-cost bond fund. You can see for yourself here . I think it would be a mistake to complicate your portfolio by adding more bond funds. Read the "Simplicity" link below. Best wishes.' Taylor Taylor, I wou...
by gvsucavie03
Sat Feb 04, 2017 10:02 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1652
Views: 253591

Re: What's Your Credit Card Rewards Strategy?

Just finished the Wells Fargo $150 bonus with 1k spend. Just got the Barclay Card Arrival which is 50,000 points. I don't travel so I'll be doing the partial redemption for $250 in Home Depot gift cards to get a sweet Bluetooth controlled electric smoker :D I just opened the WF checking account wit...
by gvsucavie03
Tue Jan 31, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Search 1099's claimed against you?
Replies: 17
Views: 1179

Re: Search 1099's claimed against you?

You can mail or fax Form 4506-T to the IRS and check box 8 and they'll tell you: https://www.irs.gov/pub/irs-pdf/f4506t.pdf. I'll use this if necessary You should be aware that when obtaining 1099 information by use of Form 4506-T, the information is generally not available until the year after the...
by gvsucavie03
Tue Jan 31, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Search 1099's claimed against you?
Replies: 17
Views: 1179

Re: Search 1099's claimed against you?

bsteiner wrote:You can mail or fax Form 4506-T to the IRS and check box 8 and they'll tell you: https://www.irs.gov/pub/irs-pdf/f4506t.pdf.


I'll use this if necessary
by gvsucavie03
Tue Jan 31, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Search 1099's claimed against you?
Replies: 17
Views: 1179

Re: Search 1099's claimed against you?

Bunch of bank bonuses, a credit card bonus, DIV on various checking and savings accounts, wife's 1099-MISC for her job.... I just wish there was a page we could go to on the IRS website to see everything in our name.
by gvsucavie03
Tue Jan 31, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Search 1099's claimed against you?
Replies: 17
Views: 1179

Re: Search 1099's claimed against you?

Eagle4Life wrote:You are reading too literally. I'm sure he means 1099s with your SSN attached to it.


Bingo

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