Search found 173 matches

by moneywise3
Mon Jul 25, 2016 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 360
Views: 33157

Re: What's Your Credit Card Rewards Strategy?

My strategy is my time is for loving my family. Not wasting my time on slick deals. I will always have enough for everything I would ever want. Those who "save" more money, end up paying it as taxes or to charity. I am up for debate if anyone wants to challenge that. Its an open invitation!
by moneywise3
Sun Jul 24, 2016 10:23 pm
Forum: Investing - Theory, News & General
Topic: Reliving the Nightmare of the Crisis
Replies: 119
Views: 8347

Re: Reliving the Nightmare of the Crisis

I remember the market went up 10% in a single day. The explanation analysts gave was ludicrous. No one really knows anything.
by moneywise3
Sun Jul 24, 2016 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Allstate Umbrella Insurance
Replies: 32
Views: 2140

Re: Allstate Umbrella Insurance

There is no predictability on insurance premiums. Not with any carrier including Geico.
by moneywise3
Fri Jul 22, 2016 11:22 pm
Forum: Investing - Theory, News & General
Topic: Recession post-election?
Replies: 40
Views: 2771

Re: Recession post-election?

So you know recession is coming? You could be super rich.
by moneywise3
Fri Jul 22, 2016 11:19 pm
Forum: Personal Consumer Issues
Topic: Canada vacation
Replies: 24
Views: 2066

Re: Canada vacation

Car insurance companies used to give a different card to carry. Let us know what you find out.
by moneywise3
Fri Jul 22, 2016 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 176
Views: 13354

Re: How many folks choose to give inheritance to their children in unequal portions?

Fund therapy sessions for the two children. Then divide equally. Without therapy they are going to end up same, no matter the dollar figure they get.
by moneywise3
Fri Jul 22, 2016 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirees, how much did you leave on the table?
Replies: 180
Views: 11380

Re: Early retirees, how much did you leave on the table?

I appreciate that everyone has an opinion but as the OP I asked a pretty specific nuts and bolts question about finances not philosophy of life. I greatly appreciate those who have attempted to answer the question asked it is very helpful to me. Thank you. A great many things about money can't be a...
by moneywise3
Tue Jul 19, 2016 8:41 pm
Forum: Personal Consumer Issues
Topic: Creating simple website
Replies: 11
Views: 1091

Re: Creating simple website

Who's gonna host your web server? They probably have tools to let you develop webpages.
by moneywise3
Tue Jul 19, 2016 5:44 pm
Forum: Personal Consumer Issues
Topic: Bay Area Salary Thread
Replies: 22
Views: 2431

Re: Bay Area Salary Thread

What's the purpose of this thread again? Create a database similar to glass door, but of bogleheads?
by moneywise3
Tue Jul 19, 2016 5:42 am
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway Class B
Replies: 42
Views: 3129

Re: Berkshire Hathaway Class B

triceratop wrote:Owning a single share of BRK.B has proved useful to me in acquiring a GEICO car insurance discount; I believe the rate is 8%.

The capital appreciation hasn't been bad either, but it's only a few 10s of dollars.

That discount is available through multiple means.
by moneywise3
Tue Jul 19, 2016 5:39 am
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway Class B
Replies: 42
Views: 3129

Re: Berkshire Hathaway Class B

It is not truly diversified. Has S&P 500 not made people rich in the past? Part of it's success can be attributed to one guy, who may not be around forever. So I would stick to Bogleheads approach. Also factor in extra trading costs and time spent to review annual reports etc.
by moneywise3
Sun Jul 17, 2016 11:56 am
Forum: Investing - Theory, News & General
Topic: Fidelity four-in-one index fund lower ER, invest everything in it?
Replies: 27
Views: 2361

Re: Fidelity four-in-one index fund lower ER, invest everything in it?

Fidelity has a history of temporarily lowering their ER's through "corporate credit". ER can go up once you stop paying attention to it. I just don't understand why this Fear Uncertainty Doubt (FUD) keeps getting raised on this forum. People have been stating this nonsense for over 15 yea...
by moneywise3
Sat Jul 16, 2016 1:42 pm
Forum: Personal Consumer Issues
Topic: How do you find a tenant for rental house?
Replies: 37
Views: 2036

Re: How do you find a tenant for rental house?

Post online everywhere, have printed flyers out to neighbors, spread the word of mouth in the community etc. Not rocket science, but outcome can not be predicted with any certainty.
by moneywise3
Sat Jul 16, 2016 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: how long should a practice retirement be?
Replies: 22
Views: 2190

Re: how long should a practice retirement be?

I would say 1 year with 50% work load. Going through all the seasons will open up some issues.
by moneywise3
Sat Jul 16, 2016 1:38 pm
Forum: Investing - Theory, News & General
Topic: Stocks at all time high?
Replies: 34
Views: 3925

Re: Stocks at all time high?

Good story about Bob. Market is almost always at all time high. So that's when people invest, and come out fine. No reason to worry.
by moneywise3
Sat Jul 16, 2016 1:26 pm
Forum: Personal Consumer Issues
Topic: What's up with 4K tv? Should I buy one?
Replies: 101
Views: 6249

Re: What's up with 4K tv? Should I buy one?

There's a distinction between OTA and cable based transmission. OTA is typically VSB and cable is 256-QAM (sometimes 64-QAM). Very few people receive OTA directly in their homes, so stations broadcasting in 4k is a moot point.
by moneywise3
Sat Jul 16, 2016 1:22 pm
Forum: Investing - Theory, News & General
Topic: Fidelity four-in-one index fund lower ER, invest everything in it?
Replies: 27
Views: 2361

Re: Fidelity four-in-one index fund lower ER, invest everything in it?

Fidelity has a history of temporarily lowering their ER's through "corporate credit". ER can go up once you stop paying attention to it. What is the fourth fund?
by moneywise3
Thu Jul 14, 2016 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Boss cutting salary in response to employee not doing "job"
Replies: 78
Views: 8621

Re: Boss cutting salary in response to employee not doing "job"

Truthfully the best route is to look for a new job. Court process is tiring, and hardly pays back.
P.S. have seen a recent spurt in "for my friend" posts
by moneywise3
Wed Jun 29, 2016 10:27 pm
Forum: Investing - Theory, News & General
Topic: I think Buffett got this wrong
Replies: 87
Views: 4892

Re: I think Buffett got this wrong

Let's say that you bought $10,000 of the S&P 500 index fund on Friday, October 16th, 1987. I buy $10,000 of the S&P 500 index fund on Tuesday, October 20th. I don't have S&P500 numbers, but the Dow lost 22.6% of its value on October 19th. Are you telling me I won't have a larger long te...
by moneywise3
Sun Jun 19, 2016 6:53 pm
Forum: Personal Consumer Issues
Topic: Buying a used car from a rental agency
Replies: 23
Views: 2015

Re: Buying a used car from a rental agency

I am looking to buy a 1 to 3 year old van. Surprisingly rental fleet cars are coming up a lot in searches. Maybe it's a recent phenomenon that rental companies are getting into this big. So far I haven't found any major negatives going for such cars.
by moneywise3
Sun Jun 19, 2016 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/Should we buy this house (SF Bay Area)
Replies: 54
Views: 5282

Re: Can we/Should we buy this house (SF Bay Area)

Are you sure your property taxes would null out of your tax savings? Bay area housing is stable, so go for it.
by moneywise3
Thu Jun 02, 2016 3:45 am
Forum: Personal Consumer Issues
Topic: 3-Day Weekend: Monday vs. Friday?
Replies: 47
Views: 3242

Re: 3-Day Weekend: Monday vs. Friday?

The atmosphere is more blue on Mondays. On Fridays people are generally more cheerful. More cars on the roads on Fridays, but drivers are grumpier on Mondays. Take your pick :D
by moneywise3
Sun May 22, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: How do I invest in artificial intelligence?
Replies: 59
Views: 3828

Re: How do I invest in artificial intelligence?

AI is all pervasive. Most major corporations are involved in it. It is like someone asking 30 years ago, I want to invest in technology. If you own TSM, you are invested in AI. Do you want to invest disproportionately high there? Your decision.
by moneywise3
Sat May 14, 2016 3:52 am
Forum: Personal Finance (Not Investing)
Topic: Where to park excess funds
Replies: 9
Views: 1325

Re: Where to park excess funds

Remember emergency fund is different from the cash component of your portfolio. 10k sounds low for 6-12 months of living expenses.
by moneywise3
Sat May 14, 2016 3:44 am
Forum: Investing - Theory, News & General
Topic: Carl Icahn Is Betting Big on a Stock Market Crash
Replies: 32
Views: 7412

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

:sharebeer
What was the saying "Monkeys that can throw darts can predict better...."
by moneywise3
Wed May 04, 2016 6:56 pm
Forum: Personal Consumer Issues
Topic: Peculiar Airline Pricing
Replies: 22
Views: 3824

Re: Peculiar Airline Pricing

No show on the first segment not allowed. So your plan should work.
by moneywise3
Thu Apr 28, 2016 3:17 am
Forum: Investing - Help with Personal Investments
Topic: talk me out of buying an individual stock (Facebook)
Replies: 112
Views: 15808

Re: talk me out of buying an individual stock (Facebook)

Yes I own Facebook, and every popular company, via TSM index.
by moneywise3
Thu Apr 28, 2016 3:13 am
Forum: Investing - Help with Personal Investments
Topic: if you HAD to pick 2 actively managed funds???
Replies: 45
Views: 3502

Re: if you HAD to pick 2 actively managed funds???

Are you sure you mean active managed? E.g. vanguard healthcare follows an index.
by moneywise3
Thu Apr 28, 2016 2:42 am
Forum: Investing - Help with Personal Investments
Topic: How many financial accounts to maintain?
Replies: 30
Views: 3070

Re: How many financial accounts to maintain?

You can easily get to 10. All IRA's, Roths and brokerage can easily be 1 custodian. Maybe even same as one of your 401k carriers. Then have a joint bank account.
by moneywise3
Thu Apr 28, 2016 2:30 am
Forum: Personal Consumer Issues
Topic: Trip to Southern California next week - things to do?
Replies: 19
Views: 1514

Re: Trip to Southern California next week - things to do?

Drive on Pacific coast highway.

There's also a beautiful lake along 74 on the alt route to Vegas.
by moneywise3
Thu Apr 28, 2016 2:23 am
Forum: Personal Finance (Not Investing)
Topic: One question about medical insurance in-network service
Replies: 10
Views: 783

Re: One question about medical insurance in-network service

Typically they never give you a discount in such situations. If you fight it out, you can get a discount "if you pay now".
by moneywise3
Thu Apr 28, 2016 2:18 am
Forum: Investing - Help with Personal Investments
Topic: Is changing career paths to make less money ever a smart move?
Replies: 26
Views: 2404

Re: Is changing career paths to make less money ever a smart move?

Yes, it can be. Less money can mean more of many other things in life.
by moneywise3
Thu Apr 28, 2016 2:08 am
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12844

Re: I Hate My Job: Politics at Work (Advice Needed)

Here's an advise if none of the earlier work for you: search for "hunger in Africa". The point being ponder why are you making mountains out of mole hills. Life in the situation you describe is probably better than 99.9% of the world. Do you have a meaningful purpose in life? Is rest of yo...
by moneywise3
Wed Apr 27, 2016 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12844

Re: I Hate My Job: Politics at Work (Advice Needed)

I don't really expect people to understand the totality of the situation, since there is a lot of backstory to what's going on. A lot of backstory?? How long have you been working there? I'm getting a few advice of "do a good job and you'll be fine" - I'm afraid that's extremely naive. I ...
by moneywise3
Tue Apr 26, 2016 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: 1M net worth, need help investing
Replies: 15
Views: 2668

Re: 1M net worth, need help investing

Target retirement funds
by moneywise3
Tue Apr 26, 2016 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: First-Time Home Mortgage - Highly Variable Income
Replies: 9
Views: 941

Re: First-Time Home Mortgage - Highly Variable Income

Tons of self employed people are in similar situation. The underwriters have some underlying formula to figure what they let you borrow. Let them bang their heads. Just make sure you have 12 months of living expenses + mortgage payments handy.
by moneywise3
Tue Apr 26, 2016 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: I Hate My Job: Politics at Work (Advice Needed)
Replies: 108
Views: 12844

Re: I Hate My Job: Politics at Work (Advice Needed)

First and foremost, you have to enjoy doing the work in that field. These conflicts will seem minor in comparison if you enjoy the work. Having a PhD doesn't automatically mean that field is your calling. Secondly, your focus sounds like getting fast promotions. The organization and people will not ...
by moneywise3
Wed Mar 23, 2016 9:13 pm
Forum: Personal Consumer Issues
Topic: Best way to spend one evening in Orlando
Replies: 13
Views: 1157

Re: Best way to spend one evening in Orlando

Explore Downtown disney
by moneywise3
Wed Oct 07, 2015 5:40 pm
Forum: Investing - Theory, News & General
Topic: Six Rules to Disciplined Investing
Replies: 19
Views: 3881

Re: Six Rules to Disciplined Investing

Thank you. I am grateful that this doesn't teach me anything new. Bogleheads philosophy hasn't changed ever since I grasped it.
by moneywise3
Wed Oct 07, 2015 5:29 pm
Forum: Investing - Theory, News & General
Topic: Burton Malkiel's new EM Fund
Replies: 36
Views: 2817

Re: Burton Malkiel's new EM Fund

Load is a four letter word on this forum.
by moneywise3
Thu Oct 01, 2015 9:06 am
Forum: Personal Consumer Issues
Topic: Moving to Austin, TX
Replies: 35
Views: 4149

Re: Moving to Austin, TX

Thanks for all the comments. Dallas has come up as an alternative, so here are my thoughts. I want to live in the new economy. Dallas is a city just like Philly - a mix of everything. Whereas I expect Austin to be new age people who have moved there from elsewhere. Even within tech, I am looking for...
by moneywise3
Tue Sep 29, 2015 2:27 pm
Forum: Personal Consumer Issues
Topic: Moving to Austin, TX
Replies: 35
Views: 4149

Moving to Austin, TX

We are planning to move to Austin in next 1 year. Currently living in PA. The main motivation for moving is career. I am in high-tech industry, and experiencing a salary and opportunity plateau. Austin is our choice, short of Bay area. Also we want to invite our elderly parents from India to spend t...
by moneywise3
Sun Mar 01, 2015 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: HSA deduction question
Replies: 3
Views: 661

Re: HSA deduction question

Thanks
by moneywise3
Sun Mar 01, 2015 1:53 am
Forum: Personal Finance (Not Investing)
Topic: HSA deduction question
Replies: 3
Views: 661

HSA deduction question

I have been using TaxAct free software for my federal taxes. I just realized the software may be faulty and not deducting my HSA contributions. I qualify as a HDHP. Basically that software asks a bunch of questions and fills the forms for you. My employer fills Box 12 Code W with $6xxx, which is my ...
by moneywise3
Fri Jan 30, 2015 9:50 am
Forum: Personal Finance (Not Investing)
Topic: 4 essential documents: Suze Orman
Replies: 27
Views: 5279

4 essential documents: Suze Orman

Suze Orman has an online program for $63 that can generate these 4 documents. 1. a Will, 2. a Revocable Living Trust, 3. an Advanced Directive (is it same as Financial power of attorney) 4. a Durable Power of Attorney for Health Care. The offer includes free updates if your situation changes. Her in...
by moneywise3
Thu Oct 16, 2014 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: How did you get from $1M to $10M
Replies: 46
Views: 4949

Re: How did you get from $1M to $10M

Thanks for the responses so far. 1. I want $10M because I want to spend it (meaningfully) and share it with others 2. My plan is to enjoy my work more and more as time goes by. So retiring is not a goal, it may be a choice at some point. 3. When I reach $10M, look for my next post of going from $10M...
by moneywise3
Thu Oct 16, 2014 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How did you get from $1M to $10M
Replies: 46
Views: 4949

How did you get from $1M to $10M

I am at $1M net worth. I have no plans of stopping here and next goal is $10M. I want to hear from people how they reached that level. I trust Brian Tracy "Your first million is the hardest, next 99 is inevitable". Did you just use the same investing strategy post $1M mark? Did you seek a ...
by moneywise3
Tue Oct 14, 2014 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on getting out [of job]
Replies: 37
Views: 5917

Re: Thoughts on getting out [of job]

Let me offer some alternate medicine: 1. Were you looking for quick results from therapy? My guess is you did not give it enough time to work. 2. If you hate office politics, just make sure you don't do it. The hate will go away. 3. Make sure you are living a balanced life - healthy eating, exercise...

Go to advanced search