Search found 548 matches

by sco
Tue Sep 19, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2126
Views: 369211

Re: What's Your Credit Card Rewards Strategy?

SO was just approved for Southwest Plus and Premier today. With the bonus at 60,000 on each card, that is an easy Companion Pass for all of 2018 and 2019 :D We sent Chase a message, and confirmed that we have until 1/11/18 to meet the minimum spend. We plan to spend ~$1500 on each card between now ...
by sco
Mon Sep 18, 2017 10:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2126
Views: 369211

Re: What's Your Credit Card Rewards Strategy?

SO was just approved for Southwest Plus and Premier today. With the bonus at 60,000 on each card, that is an easy Companion Pass for all of 2018 and 2019 :D We sent Chase a message, and confirmed that we have until 1/11/18 to meet the minimum spend. We plan to spend ~$1500 on each card between now ...
by sco
Thu Sep 07, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Ally savings rate raised to 1.20%
Replies: 41
Views: 5264

Re: Ally savings rate raised to 1.20%

Ally has 1 day ACH, instant transfers to their checking and ATM reimbursement on thier debit card. It is fast access to cash, without waiting for settlements, etc.
by sco
Thu Aug 31, 2017 10:50 pm
Forum: Personal Consumer Issues
Topic: Coyote Defense
Replies: 69
Views: 5003

Re: Coyote Defense

Here they are considered a predator and can be shot pretty much anytime you would like. Of course, city ordinances don't allow this unless you or yours are being attacked. But out the county there is no issue at all.
by sco
Tue Aug 29, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Transitioning management of investments as cognitive ability declines
Replies: 46
Views: 4007

Re: Transitioning management of investments as cognitive ability declines

If you hang around a public school/college, etc these guys come out of the woodwork. Up until 15 or 20 years ago, they were openly pushing credit cards on college campuses and too many kids were opening accounts they couldn't pay off. The law was changed to stop that practice. I suspect the other s...
by sco
Tue Aug 29, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Transitioning management of investments as cognitive ability declines
Replies: 46
Views: 4007

Re: Transitioning management of investments as cognitive ability declines

When was the last time a person showed up at work or your house to sell you a SPIA? Never. +1 But I've never had anyone try to sell me whole life annuities either. :beer I have, one was successful. (cancelled shortly after and learnt my lesson)... If you hang around a public school/college, etc the...
by sco
Tue Aug 29, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Credit card bonus award rules
Replies: 12
Views: 1619

Re: Credit card bonus award rules

Just apply for them all on the same day, why spread it over several days/weeks/months? I did that once. I applied for four cards in one day. Card one: approved, $15k limit, 13% apr. Card two: approved, $10k limit, 18% apr. Card three: approved, $5k limit, 24% APR. Card four: Denied. It seems whethe...
by sco
Tue Aug 29, 2017 1:10 am
Forum: Personal Consumer Issues
Topic: Credit card bonus award rules
Replies: 12
Views: 1619

Re: Credit card bonus award rules

Thanks for the info. In my case I'll only open one or two cards for rewards in a year. I looked at the link. Wouldn't the amount churning they are talking about really ding your credit? You would think so, but it actually doesn't. I have 13 cards, almost all of which were opened in the last two yea...
by sco
Tue Aug 29, 2017 1:08 am
Forum: Investing - Help with Personal Investments
Topic: Transitioning management of investments as cognitive ability declines
Replies: 46
Views: 4007

Re: Transitioning management of investments as cognitive ability declines

Munir wrote:
Tue Aug 29, 2017 12:22 am
[b wrote:I've been around and read up enough to know that most annuities primarily benefit the person that sells them.
[/b]
The quote above does not really apply to SPIAs but maybe to other forms of annuities.
When was the last time a person showed up at work or your house to sell you a SPIA?
by sco
Tue Aug 29, 2017 12:42 am
Forum: Personal Finance (Not Investing)
Topic: Check serial number caused an issue
Replies: 26
Views: 2208

Re: Check serial number caused an issue

Years ago (Jurassic Period), when I worked at a bank, one of the things to safeguard a check was to have only your first and middle initials and whole last name printed on checks. So that when you actually signed them, you used your full name as on the signature card. Thinking was, a "bad guy" woul...
by sco
Sun Aug 27, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: Crashplan for Home ending service late 2018
Replies: 92
Views: 6762

Re: Crashplan for Home ending service late 2018

Whatever backup method you choose, please schedule a restore at least every six months, of at least some of your data. Why? Because most people (including governments and large companies), don't find out that their backups aren't doing what they believe until they try to restore... Guess when they ...
by sco
Tue Aug 22, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to 403(b) or taxable account?
Replies: 7
Views: 838

Re: Contribute to 403(b) or taxable account?

Personally, I'd just put it in Taxable.

You could also approach the school about adding another option. Like Fidelity. But that may just be a waste of time.
by sco
Tue Aug 22, 2017 7:49 am
Forum: Investing - Help with Personal Investments
Topic: Teacher 403(b) signup - any tips?
Replies: 17
Views: 1541

Re: Teacher 403(b) signup - any tips?

That isn't odd at all actually, for a 403b. You may find that she does the contribution changes via a paper form with her employer, or via a 3rd party website. Either way changes take time as their are several people involved. I use a pretty Fixed (for lack of a better term) 403b contribution, and i...
by sco
Sat Aug 19, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Frozen steaks ordered through the mail
Replies: 29
Views: 3080

Re: Frozen steaks ordered through the mail

I buy locally, cheap and delicious. I buy 1 side, (1/2 cow) although I've heard of people buying a whole or a 1/4
by sco
Sat Aug 19, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Teacher 403(b) signup - any tips?
Replies: 17
Views: 1541

Re: Teacher 403(b) signup - any tips?

Call fidelity first, they may require you to sign up (not contribute ) to see the options. That's what they needed us to do, and they had very competitive options. I'd also check tiaa and not bother with the rest. Yes, it is all up to you to figure out which one to use, which is why teachers normall...
by sco
Thu Aug 17, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: 27y/o w/ 150k debt buying 685k house
Replies: 41
Views: 4559

Re: 27y/o w/ 150k debt buying 685k house

DomDangelina wrote:
Thu Aug 17, 2017 9:14 am

Folly and stupidity aren't synonymous. Fools lack wisdom, not necessarily intellect. There walk among us legions of brilliant fools.
I use the term loosely. Like when you look back 20 years and think to yourself "What was I thinking?"
by sco
Thu Aug 17, 2017 12:27 am
Forum: Personal Finance (Not Investing)
Topic: 27y/o w/ 150k debt buying 685k house
Replies: 41
Views: 4559

Re: 27y/o w/ 150k debt buying 685k house

Help. Friend in biglaw (200k salary) told me today he is closing on $685k house in two weeks. Friend currently rents very nice 2br apartment for less than $2k. Friend has at least $150k in student loan debt. Would be shocked if friend is putting more than 10% down (if that). Friend's job is incredi...
by sco
Tue Aug 15, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Have (3) 401ks - Where/if to consolidate?
Replies: 6
Views: 755

Re: Have (3) 401ks - Where/if to consolidate?

If you were to post the investment options for each fund, complete name (ticker symbol if it has one) and expense ratio... This would help people guide you as to your best options. Also, any other monthly/yearly costs. It could be that your current employer has a very good plan, or a poor one. No on...
by sco
Tue Aug 15, 2017 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: How much coverage should I buy in an umbrella liability policy
Replies: 15
Views: 1648

Re: How much coverage should I buy in an umbrella liability policy

A general rule of thumb is that you should have enough coverage to cover your unprotected assets. So the first question you need answered is whether your state fully protects your IRA assets . If the answer is yes you should have sufficient coverage to protect the equity in the house and the other ...
by sco
Mon Aug 14, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3943
Views: 1035316

Re: U.S. stocks in freefall

This FreeFalling makes me happy :) It doesn't make me happy. Do you get happy when the price of gasoline goes up too? :confused Those don't compare. Gas is a consumable, so I'm not buying it as an investment. I want it to go down and never go back up. VTI returns might be impacted by extended, obsc...
by sco
Mon Aug 14, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3943
Views: 1035316

Re: U.S. stocks in freefall

This FreeFalling makes me happy :) It doesn't make me happy. Do you get happy when the price of gasoline goes up too? :confused Gas doesn't bother me in the least.. But I'm also not sitting around with a pile of cash waiting to buy all my gas at once.. The chances of me buying for 30 years low and ...
by sco
Mon Aug 14, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3943
Views: 1035316

Re: U.S. stocks in freefall

This FreeFalling makes me happy :)
by sco
Sat Aug 12, 2017 12:22 am
Forum: Personal Consumer Issues
Topic: Buying a Vehicle the Old Fashioned Way
Replies: 57
Views: 5369

Re: Buying a Vehicle the Old Fashioned Way

Maybe it's just me, but I could never understand the heated(yes, I've seen people spontaneously combust over this topic) desire to pump one's own...gas. Personally, I consider it one of life's small luxuries to have someone do it for me. Saves me having to get out of my car in inclement weather, in...
by sco
Sat Aug 12, 2017 12:21 am
Forum: Personal Consumer Issues
Topic: Buying a Vehicle the Old Fashioned Way
Replies: 57
Views: 5369

Re: Buying a Vehicle the Old Fashioned Way

Maybe it's just me, but I could never understand the heated(yes, I've seen people spontaneously combust over this topic) desire to pump one's own...gas. Personally, I consider it one of life's small luxuries to have someone do it for me. Saves me having to get out of my car in inclement weather, in...
by sco
Fri Aug 11, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Buying a Vehicle the Old Fashioned Way
Replies: 57
Views: 5369

Re: Buying a Vehicle the Old Fashioned Way

... Reminds me of when I drove to Oregon. I stopped at a gas station, hopped out to fill up my tank, and this guys runs over: "Sir please get back in your car, I'll pump it for you." I thought it was a scam. "No thanks buddy." "But sir, it's the law, I have to pump your gas for you." I asked him wh...
by sco
Fri Aug 11, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: Buying a Vehicle the Old Fashioned Way
Replies: 57
Views: 5369

Re: Buying a Vehicle the Old Fashioned Way

... Reminds me of when I drove to Oregon. I stopped at a gas station, hopped out to fill up my tank, and this guys runs over: "Sir please get back in your car, I'll pump it for you." I thought it was a scam. "No thanks buddy." "But sir, it's the law, I have to pump your gas for you." I asked him wh...
by sco
Wed Aug 09, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: CC strategy for Europe flight next summer
Replies: 19
Views: 1496

Re: CC strategy for Europe flight next summer

You kind of are at a late start. Airlines start booking tickets 330 days out, and you want 4 people to Europe during prime time. Oh, and you still have to get them miles. That doesn't mean that they release all the award seats for a given flight 330 days out. It very much depends on the airline and...
by sco
Tue Aug 08, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Selling company stock (90% of portfolio)
Replies: 31
Views: 2616

Re: Selling company stock (90% of portfolio)

Liquidity comes every 6-12 months historically but no promises. The amount that would keep me under my limit would leave me with an uncomfortable risk posture still. A backdoor Roth should have the same end result, yes? I'm also planning to excercise shares in my current company later this year, wh...
by sco
Tue Aug 08, 2017 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Selling company stock (90% of portfolio)
Replies: 31
Views: 2616

Re: Selling company stock (90% of portfolio)

Most would recommend keeping a low % in a "fun money" stock, you have a very high percentage. Ultimately it is up to you, but you have the opportunity to setup yourself with a paid off car, EF and get those retirement accounts really started. When I said IRA/ I assumed it would be a Roth do to inco...
by sco
Tue Aug 08, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Selling company stock (90% of portfolio)
Replies: 31
Views: 2616

Re: Selling company stock (90% of portfolio)

bloom2708 wrote:I sell my company stock the day it hits the brokerage account.

Diversify to index funds. My paycheck, benefits and retirement savings depend on my company. I'm not going to add more by owning individual stock shares. The US index fund is already loaded with the company shares.

I do the same..
by sco
Tue Aug 08, 2017 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Selling company stock (90% of portfolio)
Replies: 31
Views: 2616

Re: Selling company stock (90% of portfolio)

Most would recommend keeping a low % in a "fun money" stock, you have a very high percentage. Ultimately it is up to you, but you have the opportunity to setup yourself with a paid off car, EF and get those retirement accounts really started. When I said IRA/ I assumed it would be a Roth do to incom...
by sco
Tue Aug 08, 2017 9:33 am
Forum: Personal Consumer Issues
Topic: CC strategy for Europe flight next summer
Replies: 19
Views: 1496

Re: CC strategy for Europe flight next summer

You kind of are at a late start. Airlines start booking tickets 330 days out, and you want 4 people to Europe during prime time. Oh, and you still have to get them miles. You might go with one of the card that just reimburses you for plane tickets, if you aren't flexible with days/flights this would...
by sco
Tue Aug 08, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Selling company stock (90% of portfolio)
Replies: 31
Views: 2616

Re: Selling company stock (90% of portfolio)

I'd sell it all, pay the taxes (they are long term capital gains?)

Then I'd pay off the car and fully fund the EF. Then take what you were paying toward that car every month and fund an IRA, then a taxable. Once you get the 401k, you can fund it and the IRA.
by sco
Tue Aug 08, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Help with rebalancing IRA and 403b
Replies: 2
Views: 254

Re: Help with rebalancing IRA and 403b

Can you post the name of each fund, with the ticker and expense ratio in your plan?
by sco
Tue Aug 08, 2017 12:01 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 9370

Re: When does renting make sense

General rules, If you aren't staying in the same place at least 5-7 years, don't even consider purchasing. There are high transaction costs (front and back loads) Don't underestimate the maintenance cost. Don't overestimate how much your landlord must be making, just because a mortgage may be $500/m...
by sco
Sat Aug 05, 2017 11:46 pm
Forum: Investing - Help with Personal Investments
Topic: Moving away from EJ to where?
Replies: 28
Views: 2345

Re: Moving away from EJ to where?

Any where else is likely better
by sco
Sat Aug 05, 2017 11:39 pm
Forum: Personal Consumer Issues
Topic: "National Parks senior passes in short supply."
Replies: 34
Views: 3700

Re: "National Parks senior passes in short supply."

DW and I each have them. Can the pass be replaced if lost, damaged, dog ate it, etc.? From the way the pass looks (with a number and my full name), it seems that they know we have the passes. I just went and got a second pass with just that in mind. For $10 I'll put the second one away somewhere sa...
by sco
Sat Aug 05, 2017 11:36 pm
Forum: Investing - Theory, News & General
Topic: "Feds charge brokers in TSP fraud scheme"
Replies: 25
Views: 3231

Re: "Feds charge brokers in TSP fraud scheme"

daveydoo wrote:You don't even have to be an official scammer. Regular broker did this to my neighbor. He didn't know until we talked about it.

Right, But you can't charge every financial place in the country... So you go after the obvious ones...
by sco
Sat Aug 05, 2017 11:27 pm
Forum: Personal Consumer Issues
Topic: To buy or not to buy... [a new car]
Replies: 43
Views: 4016

Re: To buy or not to buy... [a new car]

A Pilot and a Camry are not compatible. Make sure that it is a fit, and not just a deal. (It may very well be, but it doesn't matter if you don't need it. )
by sco
Sat Aug 05, 2017 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Car accident: insurance or self-pay?
Replies: 22
Views: 1944

Re: Car accident: insurance or self-pay?

OP- file a claim. Switch to another insurance provider the moment they try to increase your premiums. Is there any downside to doing this? If you aren't shopping your car and home insurance every couple years (or yearly), you are likely paying way to much. THere isn't a downside, normally the ""Goo...
by sco
Sat Aug 05, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 10205

Re: Do you count vehicle equity in net worth?

Nah.. Not because they don't belong in that column, but because I don't bother with the smaller or ever changing items..
by sco
Sat Aug 05, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Stock Options and Awards
Replies: 9
Views: 602

Re: Stock Options and Awards

Sell the awards within a week of being eligble and purchase total stock market, per my desired AA.
by sco
Fri Aug 04, 2017 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 10205

Re: Do you count vehicle equity in net worth?

Vehicles, to me are the borderline.. I do count them if easy. For comparison, I do count the house, I don't count the powertools or lawn mower... All are assets, and at some point you have to stop counting...
by sco
Fri Aug 04, 2017 12:50 am
Forum: Investing - Help with Personal Investments
Topic: Help: Fidelity or Vanguard
Replies: 33
Views: 2526

Re: Help: Fidelity or Vanguard

I am a Vanguard fan, for sure.. But Fido has my work accounts, and frankly its just easier to keep it all it one place..
by sco
Thu Aug 03, 2017 10:54 am
Forum: Personal Consumer Issues
Topic: Should I spend 5k annually on travel?
Replies: 74
Views: 7379

Re: Should I spend 5k annually on travel?

selters wrote:Why do people run calculations on what a $20,000 car at age 25-30 costs you in lost stock market returns, but not what $4000 a year on travel for five years at age 25-30 costs in lost stock market returns?
Because they enjoy the travel, and see the car as a unfortunate necessity?
by sco
Wed Aug 02, 2017 11:53 pm
Forum: Personal Consumer Issues
Topic: Should I spend 5k annually on travel?
Replies: 74
Views: 7379

Re: Should I spend 5k annually on travel?

Turn the heat down in the winter if you have too, and then travel 1 or two weeks during the worst of it :)


Seriously, I can't think of a trip that we have regretted.. Obviously some were better than others, but no regrets..
by sco
Wed Aug 02, 2017 12:01 am
Forum: Personal Consumer Issues
Topic: locking in kids' [life] insurance status
Replies: 11
Views: 703

Re: locking in kids' [life] insurance status

The "Guarantee that they will be insurable in the future" sells a lot of Gerber and other Whole Life insurance, that eventually gets dropped or is so insignificant it isn't a factor... This family has far bigger issues, than the kids ability to secure life insurance. Work on those issues. Kids don't...
by sco
Tue Aug 01, 2017 10:38 pm
Forum: Personal Consumer Issues
Topic: Does mower brand matter much if they're all Briggs & Stratton engines?
Replies: 84
Views: 7069

Re: Does mower brand matter much if they're all Briggs & Stratton engines?

There is no need to get ethanol free gas. Before you bring your gas can can to the station to be filled, put in gas stabilizer in the can. I prefer Pri-G. Now every time you fill your equipment, you are putting in stabilizer too. At the end of the season just run the gas out of your lawn mower/snow...
by sco
Sun Jul 23, 2017 8:51 pm
Forum: Personal Consumer Issues
Topic: Healthiest Beer for the Buck
Replies: 35
Views: 3666

Re: Healthiest Beer for the Buck

You should get your health info from someone other than FoodBabe.. that's where I would start

"Soaked in roundup" really?
by sco
Sun Jul 23, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: Healthiest Beer for the Buck
Replies: 35
Views: 3666

Re: Healthiest Beer for the Buck

You should get your health info from someone other than FoodBabe.. that's where I would start

"Soaked in roundup" really?