Search found 4013 matches

by midareff
Fri May 27, 2016 7:18 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Visa
Replies: 10
Views: 1264

Re: Fidelity 2% Visa

Frome wrote:For anyone who has the new (as of 2016) Fidelity 2% Visa card, how is the website? Is it accessible through the Fidelity site and mobile app, or a third party? Also, what kind of initial credit limit did you get?



I access in full directly through the Fidelity main page.
by midareff
Wed May 25, 2016 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Which mortgage loan interest to pursue?
Replies: 15
Views: 944

Re: Which mortgage loan interest to pursue?

We are locked in with a bank at 3.375% interest rate, with 20% downpayment (which is about $156k; borrowing $624k). That would be my plan and I would suspend or drastically reduce any savings that use after tax money (such as a Roth) and secondarily any 401, 457, IRA's until the emergency fund is re...
by midareff
Wed May 25, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Ally bank as their only bank?
Replies: 31
Views: 1856

Re: Anyone use Ally bank as their only bank?

When I look at the interest and zero fees for both their savings and checking accounts I'm skeptical because it sounds too good to be true. I'm curious: 1. Do any of you use Ally Bank as your only bank (savings and checking) 2. Have you had a long history with them? (stability question) My Ally his...
by midareff
Wed May 25, 2016 11:40 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 136
Views: 5644

Re: What's Your Credit Card Rewards Strategy?

By the way, the Amex Blue Cash with the 6% rebate on groceries has an annual limit on the 6% cash back ($360 I think). Is there any easy way to keep track of this without manually keeping your own records? Thanks. Right on their website they have a reward tracker that shows the spending for the year.
by midareff
Wed May 25, 2016 11:32 am
Forum: Investing - Theory, News & General
Topic: This Bull Seems to be Getting Pretty Long In the Tooth
Replies: 69
Views: 5603

Re: This Bull Seems to be Getting Pretty Long In the Tooth

Seems as though the S&P 500 has had a huge, nearly continuous, rise since 2008-9. Anyone getting weary? Anyone pondering taking some risk off the table and cooling off the AA? Anyone struggling with whether to pay a capital gains tax? Dave I did that as part of managing my AA and getting a bit ...
by midareff
Wed May 25, 2016 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Living without a checking account
Replies: 44
Views: 3045

Re: Living without a checking account

The only checks I write these days is to my attorney for professional services. I could just as easily go to an ATM and make it cash. OTOH, the account is at Ally Bank and it's free. Do you know if this Ally Bank will allow you to open up an account if you have a bankruptcy on your credit report? I...
by midareff
Wed May 25, 2016 11:23 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 136
Views: 5644

Re: What's Your Credit Card Rewards Strategy?

To put everything in context we are retired, I'm 68 and we travel some both domestically and internationally. Some good areas to address are: Goal. Are you out to earn cash back, travel points, hotels, or other perks, airline miles, etc? Anything else you're out to achieve by using rewards credit c...
by midareff
Tue May 24, 2016 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4695

Re: Need Moral Support for FA Breakup!

To quote the OP: And, because of the way the model is set up, it’s virtually impossible for me to backtest it. " I've done that through portfolio visualizer (I'm just more familiar with it), but the issue is it's an actively managed portfolio. It held an entirely different set of funds a coupl...
by midareff
Tue May 24, 2016 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Need Moral Support for FA Breakup!
Replies: 68
Views: 4695

Re: Need Moral Support for FA Breakup!

To quote the OP: And, because of the way the model is set up, it’s virtually impossible for me to backtest it. " Go to Morningstar and sign up for a free membership. Go to Portfolio and start a new portfolio with the ETF funds you listed and then customize the display to show you and performanc...
by midareff
Tue May 24, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Living without a checking account
Replies: 44
Views: 3045

Re: Living without a checking account

The only checks I write these days is to my attorney for professional services. I could just as easily go to an ATM and make it cash. OTOH, the account is at Ally Bank and it's free.
by midareff
Mon May 23, 2016 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Questions about Bonds in Taxable accounts
Replies: 9
Views: 842

Re: Questions about Bonds in Taxable accounts

Just because Total International hasn't shown much love in the last few years doesn't mean it won't going forward. It's PE is significantly more attractive than Total US. OTOH you will find it distributes more income as dividends over the last 12 months, 1.9% vs. 2.8% which with the expectation of ...
by midareff
Mon May 23, 2016 9:37 am
Forum: Personal Consumer Issues
Topic: Best credit card deal
Replies: 62
Views: 4612

Re: Best credit card deal

Without reading the entire thread to see if this is a duplicate but.. seems to me the American Express Blue Cash Preferred which gives you 6% cash back on the first $6000 of grocery purchases at stand alone grocery stores would be the winner. It's $75 a year as a fee but that's still an easy annual...
by midareff
Mon May 23, 2016 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Questions about Bonds in Taxable accounts
Replies: 9
Views: 842

Re: Questions about Bonds in Taxable accounts

If I put a bond fund (like TBM) in taxable, I guess it generates income in the form or interest payments? TBM distributes dividends monthly. They are taxable in a taxable account whether taken or reinvested. The value of a bond fund can go up and down, of course. If it the value goes up while in a ...
by midareff
Mon May 23, 2016 9:21 am
Forum: Personal Consumer Issues
Topic: Running in new pair of shoes
Replies: 41
Views: 2195

Re: Running in new pair of shoes

I'll be participating in a race pretty soon (10k) and I was wondering if it is a good idea to run in a new pair of shoes. I just bought a new pair of Nike running shoes and want to save them for the race day so that they remain brand new and might give me an edge. Is this a good idea or not? On a r...
by midareff
Mon May 23, 2016 9:10 am
Forum: Personal Consumer Issues
Topic: Best credit card deal
Replies: 62
Views: 4612

Re: Best credit card deal

Without reading the entire thread to see if this is a duplicate but.. seems to me the American Express Blue Cash Preferred which gives you 6% cash back on the first $6000 of grocery purchases at stand alone grocery stores would be the winner. It's $75 a year as a fee but that's still an easy annual...
by midareff
Mon May 23, 2016 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Is this a dumb idea?? [Asset allocation for retirement]
Replies: 16
Views: 2114

Re: Is this a dumb idea?? [Asset allocation for retirement]

It makes sense to me Lord with just a couple of caveats. Life is not always about an XYZ monthly expense since there are times things happen that change your monthly expenses, but in general having a certain number of years of expenses in safe money makes perfect sense, and looking at life in chunks...
by midareff
Sun May 22, 2016 12:43 pm
Forum: Personal Consumer Issues
Topic: Best credit card deal
Replies: 62
Views: 4612

Re: Best credit card deal

Without reading the entire thread to see if this is a duplicate but.. seems to me the American Express Blue Cash Preferred which gives you 6% cash back on the first $6000 of grocery purchases at stand alone grocery stores would be the winner. It's $75 a year as a fee but that's still an easy annual ...
by midareff
Sun May 22, 2016 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 47
Views: 3816

Re: Deferred Comp: How long do you trust your company?

I worked for a large municipal government and was at max allowed (457(b) I believe) for about 25 years of the 29 I was there. First couple of years I found that eating and living indoors was more important than maxing. :-) and BTW.. I trusted Nationwide a little more than NACO but had all the paperw...
by midareff
Sun May 22, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Exclusivity and Real Estate Agents. Agree or Disagree?
Replies: 53
Views: 2986

Re: Exclusivity and Real Estate Agents. Agree or Disagree?

Some states may vary as to real estate law but in general you want an agent that words only for you, and does not compromise their knowledge of you with prospective seller agents. We have been looking and our agent is exclusive to us, signed in writing.
by midareff
Sun May 22, 2016 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Retirement Plans - One Year to Go
Replies: 25
Views: 2621

Re: Retirement Plans - One Year to Go

A request from my brother for me to post his retirement portfolio. He is asking for any and all input to direct his plans. Age: Him - 64 Wife - 64 No Debt Home Equity: $550,000 Social Security and Pensions (Total): $90,000 per year Portfolio: Vanguard Lifecycle Conservative Growth (VSCGX) (IRA): $1...
by midareff
Sat May 21, 2016 8:32 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX

shakenbake wrote:yeah I didn't like it. I had 16,900.00 invested in it and it kept sliding down. Made me a nervous wreck.


and how much of that $16,900 was your invested money and how much was reinvested dividends? .... and how long had you held it?
by midareff
Sat May 21, 2016 8:30 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX

BTW, over both the last five year and ten year periods DODIX has performed ever so slightly better than both Barclays US Agg and Vanguard's Total Bond Admiral..... so exactly where were you going to put your bond money that you were expecting to do better, if not meaningfully better? Better than To...
by midareff
Sat May 21, 2016 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Due Date
Replies: 16
Views: 1489

Re: Credit Card Due Date

Thanks for the replies. I do have enough that I could set up a buffer to make sure I don't overdraft. For now, I set the due date at the 17th (may change to the 20th later on). I will just have the rent taken out of the checking on the 1st since it is the biggest expense and charge everything else ...
by midareff
Sat May 21, 2016 8:16 am
Forum: Investing - Theory, News & General
Topic: Stocks, Bonds, and "Real Assets" (TIPS, REITs, Commodities)
Replies: 28
Views: 1918

Re: Stocks, Bonds, and "Real Assets" (TIPS, REITs, Commodities)

neomutiny06 wrote:I

Thoughts on the importance of "real assets?" I feel it is not discussed on this forum enough, yet Meb Faber really emphasizes it.


With all due respect to Mel, he is one more guy recommending one more thing. ... nothing more, nothing less.
by midareff
Sat May 21, 2016 8:13 am
Forum: Investing - Theory, News & General
Topic: Carl Icahn Is Betting Big on a Stock Market Crash
Replies: 32
Views: 7092

Re: Carl Icahn Is Betting Big on a Stock Market Crash

I'm a permanent investor who has been in the market > 45 years at this point and will remain in it until my heirs receive my money in it. Why would I care what the market does next?
by midareff
Sat May 21, 2016 8:08 am
Forum: Investing - Help with Personal Investments
Topic: DODIX [Dodge & Cox Income]
Replies: 52
Views: 1732

Re: DODIX

I didn't the representative from MetLife chose it for me. Just sold it yay!!! So far I'm very happy with that decision. Investing takes patience, if losing 50 bucks throws you into a tail spin I suggest you buy CDs or Treasuries. Absolutely true...... BTW, over both the last five year and ten year ...
by midareff
Fri May 20, 2016 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Due Date
Replies: 16
Views: 1489

Re: Credit Card Due Date

Seems to me you want them to float the largest amount of money the longest period of time. I would guess your rent is by far the largest payment and payment due dates generally run four days prior to statement date is the day before the rent is paid.. .. such as the 30th or 31st of the month. That g...
by midareff
Fri May 20, 2016 1:06 pm
Forum: Investing - Theory, News & General
Topic: Burton Malkiel: "I think [commodities] should be in every portfolio."
Replies: 35
Views: 2677

Re: Burton Malkiel: "I think [commodities] should be in every portfolio."

As I recall Larry Swedroe at one time recommended 4% of portfolio in commodities. At the same time we generally think less than 5% of anything won't move the needle. I think I'll keep it simple, no commodities other than the market weight I get in index funds.
by midareff
Wed May 18, 2016 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Rewards Visa 10k bonus and 5x rewards
Replies: 5
Views: 811

Re: Wells Fargo Rewards Visa 10k bonus and 5x rewards

Sorry but there are much better deals out there. Fidelity 2% cash back Visa and Citi 1%+1% (2% total) Mastercard come to mind immediately. Blue Cash Preferred AMEX is 6% on groceries up to $6K annually but is $75 a year to get $360 back. AMEX Airline cards are fun.. just took a United AMEX card... b...
by midareff
Wed May 18, 2016 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Starting Point For Navigating Through Medicare Maze
Replies: 19
Views: 1161

Re: Starting Point For Navigating Through Medicare Maze

Strider.... Have a good look at AARP Supplement "F".
by midareff
Wed May 18, 2016 5:07 pm
Forum: Personal Consumer Issues
Topic: How to decide who gets the used Iphone
Replies: 15
Views: 1136

Re: How to decide who gets the used Iphone

a refurbished unlocked iPhone 4S is about $65 on eBay. I'd guess you can get maybe $30 or $35 a piece (or more if in decent shape) for two old androids on eBay so my vote is for both and can't see it being anything meaningful out of pocket.
by midareff
Wed May 18, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: My friend wants to invest money; please review my advice for her
Replies: 44
Views: 3169

Re: My friend wants to invest money; please review my advice for her

Six months expenses in a money market first, then $5500 in a Roth. I'd split the Roth 80/20 or 70/30 and what's left 60/40 or 50/50 into Total US Market and Total Bond Market, most likely 50/50 while she gets her feet wet with daily/weekly/monthly volatility. After that she can always increase the A...
by midareff
Wed May 18, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: If you keep exchanging your funds around in your AA, will you pay more in fees?
Replies: 8
Views: 677

Re: If you keep exchanging your funds around in your AA, will you pay more in fees?

If there are any fees involved in the purchase or sell than yes. Even if they are free of transaction costs it can be assumed the individual is not smarter than the market and has lost some returns via timing.
by midareff
Wed May 18, 2016 10:22 am
Forum: Personal Consumer Issues
Topic: Higher condo fees on higher floor units?
Replies: 25
Views: 1796

Re: Higher condo fees on higher floor units?

What you are proposing may not be legal for the state the building is in and changing condo docs, even if permitted, is a long laborious process probably requiring a high majority of owners signing off on it. In other words, if you lower the upper floor apartment fees the lower floor apartment fees ...
by midareff
Tue May 17, 2016 5:58 pm
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 62
Views: 4751

Re: For those of you in the Accumulation Phase - How often do you check?

When I was in accumulation I checked quarterly for deferred compensation and every time I had a chunk to invest in Roth or taxable.
by midareff
Mon May 16, 2016 5:07 pm
Forum: Personal Consumer Issues
Topic: Did I uncover a scam?
Replies: 34
Views: 3992

Re: Did I uncover a scam?

Most dealerships outsource glass installation. The price difference could be due to parts cost. Typically OEM glass is much more expensive than other brand replacement glass. Twice the price is not unusual. and just seeing someone doing an installation doesn't mean anything. This type of work is al...
by midareff
Mon May 16, 2016 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for first raise
Replies: 12
Views: 1005

Re: Asking for first raise

I've never asked for a raise, so my advice might be worth what you paid for it. Probably the biggest factor is that you haven't gotten a raise for 5 years. Considering inflation, you have taken a pay cut. Why haven't you gotten a raise? Do you think you will get a raise with the promotion to senior...
by midareff
Mon May 16, 2016 8:13 am
Forum: Personal Finance (Not Investing)
Topic: "Don't you dare figure it out on your own!"
Replies: 38
Views: 6435

Re: "Don't you dare figure it out on your own!"

I'd guess your coach/presenter has someone in mind he recommends and get a re$eral $ee from. "Don't you dare".. REALLY?
by midareff
Sun May 15, 2016 10:24 am
Forum: Investing - Help with Personal Investments
Topic: how do you track and view your asset allocation?
Replies: 27
Views: 2067

Re: how do you track and view your asset allocation?

Morningstar to track the various funds and then an export to excel which has all the statistics I want to see in the order I want to see them, including bar and pie charts.
by midareff
Sun May 15, 2016 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Investing in VWIUX [Vanguard Intermediate-Term Tax-Exempt]
Replies: 10
Views: 1264

Re: Investing in VWIUX

Like "Toons" ... my thoughts: It is impossible to know if it is the "best' time to invest in Intermediate Term Tax Exempt, If you plan on holding the fund for Many Years ,and it fits into your asset allocation then it is an excellent time to invest in the fund.Regardless of where inte...
by midareff
Sun May 15, 2016 10:10 am
Forum: Investing - Help with Personal Investments
Topic: REIT investment
Replies: 27
Views: 2827

Re: REIT investment

I have a 10% slice of the VG REIT Fund in my portfolio. Over the last twenty years they have outperformed the VG Total Stock Market Fund, while at times under performing it. Many days it moves opposite to the Total Stock Market, some days it moves the same way. It is more volatile and not something ...
by midareff
Sat May 14, 2016 6:21 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3552

Re: Bond Index Funds - The turning tide from active

The benefit of a total bond index fund is that it's diversified, simple and low cost. The disadvantage is you have no control over the allocation to sectors. If that bothers you, an alternative is to design your own fixed sector weighted index portfolio by using individual index funds from differen...
by midareff
Sat May 14, 2016 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you stand on the age old debates?
Replies: 19
Views: 1926

Re: Where do you stand on the age old debates?

These are the typical debates that usually arise and where I stand on them. Does your position agree or disagree? I'm just trying to see if the reasons I have found match the reasons others have found. I am not trying to debate age old arguments but rather, sort of compare notes. It seems there are...
by midareff
Sat May 14, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: Best withdrawal strategy?
Replies: 16
Views: 1472

Re: Best withdrawal strategy?

What's a better retirement withdrawal strategy and which do you use? A: Hold an all-in-one fund such as a Life Strategy, Wellington, Wellesley, etc., (at whatever percentage you are comfortable with) and take periodic withdrawals no matter whether the market is up or down; B: Hold your equities and...
by midareff
Sat May 14, 2016 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you move after your home has appreciated by $500K?
Replies: 38
Views: 3546

Re: Do you move after your home has appreciated by $500K?

cme wrote:Curious how folks look at the decision after primary residence has increased by $500K and subsequent capital gains become taxable.


Only if I was moving into another one that would do the same.
by midareff
Sat May 14, 2016 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5878

Re: Do all Boglesheads die at 100?

Not me. I'm scheduled for 103 just after finishing a medium rare prime rib and a double Manhattan. Can I substitute in rib eye and single malt? Sure can. I am planning on that for the day before my last one. Than let's make it a Filet Mignon and a double Jameson 18,.. what the H, last day make it a...
by midareff
Sat May 14, 2016 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Never-ending Taxable Bond Dilemma
Replies: 24
Views: 2857

Re: Never-ending Taxable Bond Dilemma

Okay I think this question has come up before in a various forms but I am still confused and hoping to understand this once in for all. I currently hold Intermediate Term Muni Bond (VWIUX) in my taxable account being in the 25% Tax Bracket. State specific bond is not available for my state CT. It s...
by midareff
Sat May 14, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Advice to Newlyweds w/ Differing Views on Personal Finance
Replies: 22
Views: 1990

Re: Advice to Newlyweds w/ Differing Views on Personal Finance

With a combined income of nearly $500K I would blow out the school debt ASAP top priority, then move to saving for at least a 20% down for a home. I think life would be smoother now and in the future if you both decided how much from each went into the common fund and established a joint emergency f...
by midareff
Sat May 14, 2016 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Do all Boglesheads die at 100?
Replies: 51
Views: 5878

Re: Do all Boglesheads die at 100?

Sheepdog wrote:Not me. I'm scheduled for 103 just after finishing a medium rare prime rib and a double Manhattan.



Can I substitute in rib eye and single malt?

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