Search found 572 matches

by sharpjm
Fri May 19, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

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 sharpjm
Fri May 19, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

Chase doesn't care about inquiries, right? only number of new accounts? Chase does not have any hard and fast rule (like 5/24) related to inquiries but it is always something that every bank considers on an application. Some banks are extremely sensitive to # of inquiries - Barclays probably being ...
by sharpjm
Fri May 19, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

In the mean time, I was turned down for CSR, twice (tried as a Chase private client with local banker helping me the 2nd time), SPG personal and business, Chase Marriott, CSR is an amazing promotion, travellight, and, IMHO, a good one to keep. If you keep getting turned down because of too many car...
by sharpjm
Fri May 19, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

In the mean time, I was turned down for CSR, twice (tried as a Chase private client with local banker helping me the 2nd time), SPG personal and business, Chase Marriott, CSR is an amazing promotion, travellight, and, IMHO, a good one to keep. If you keep getting turned down because of too many car...
by sharpjm
Fri May 19, 2017 11:19 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Information Technology - VGT or VITAX
Replies: 49
Views: 2392

Re: Vanguard Information Technology - VGT or VITAX

I have a small tilt into VHT/VGHCX and was just looking at VGT earlier this week. I would like to tilt a bit but am struggling with the price given its very recent performance. I had hoped we'd go into correction after Wednesdays turmoil when it dropped almost 3% but things are moving right back up....
by sharpjm
Wed May 17, 2017 5:32 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1332
Views: 224813

Re: What are you up YTD? [Year To Date]

Uncle Pennybags wrote:
jadedfalcons wrote:98.7% equity, 1.3% bond, 13.7%. :moneybag
Beardstown accounting principals?

Probably lucky stock picks or heavy tilt towards international. Emerging markets killing it YTD.

Up 7.2% YTD at the beginning of the day here. Gonna guess that dropped to ~6% after today.
by sharpjm
Wed May 17, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 904832

Re: U.S. stocks in freefall

Tamalak wrote:Man. We're starved for an actual freefall. When's the last time the markets dropped even 5%?

Ironically, after hours trading on November 8, 2016.
by sharpjm
Mon May 15, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: Tipping at All Inclusive Resort?
Replies: 67
Views: 4769

Re: Tipping at All Inclusive Resort?

Though, like I said above, we tipped, it didn't seem to help in some cases. The mixed drinks were very weak. We tipped the bartender well and they were still very weak (mostly- we befriended one bartender). We were not looking to get bombed or anything, but I'd rather have 3 drinks that are 25% alc...
by sharpjm
Fri May 12, 2017 4:00 pm
Forum: Investing - Theory, News & General
Topic: Goofy idea - moving 401k to money market each weekend
Replies: 15
Views: 1570

Re: Goofy idea - moving 401k to money market each weekend

I have a question, that probably is not practical - just curious. In my 401k, I see that the money market fund pays interest daily. Why couldn't someone, on Friday afternoon, move their funds to the money market over the weekend and gain two days of interest? Then, on Monday, transfer back? Over ti...
by sharpjm
Tue May 09, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: Fitbit Blaze vs Apple Watch
Replies: 24
Views: 1812

Re: Fitbit Blaze vs Apple Watch

O - and I forgot one thing... The Fitbit Charge HR would record gazillions of steps while riding a motorcycle. The Apple Watch doesn't seem to have that problem. This was a known issue with the fitbit, it's possible they've released a firmware update to address it. I don't think any amount of firmw...
by sharpjm
Mon May 01, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

You can still get 1 segment added. We just did this for a trip to new zealand. SFO->AKL... AKL->CHC... CHC->SFO. Theres no doubt the program is worse now than it was before What was your method? Book the trip online, and then call in and ask to add a segment? No I did it all online. I just did a &q...
by sharpjm
Mon May 01, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: TIAA Real Estate vs CREF Equity Index
Replies: 61
Views: 3103

Re: TIAA Real Estate vs CREF Equity Index

TREA does not produce equity-like long-term returns. For the past 10 years, it's total return is less than Vanguard Total Bond Index, Total US Stock Market Index, the LifeStrategy funds, etc. Comparisons over the last 5 years are different. Looking at 10 year return almost perfectly captures the pe...
by sharpjm
Fri Apr 28, 2017 4:32 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

As long as award space is available, this will be part of your ticket to Japan and included in that award price. This leg will be included in your award ticket price from Seoul to USA...you just have to find award space. Just make sure you include your flight to Seattle as part of the award ticket....
by sharpjm
Fri Apr 28, 2017 4:15 am
Forum: Personal Finance (Not Investing)
Topic: Chase - $500 to open business checking account. Worth it?
Replies: 7
Views: 848

Re: Chase - $500 to open business checking account. Worth it?

If the offer terms are the same as they were last year, you must keep the account open for 6 months or you may lose the bonus. Chase waives the monthly fee on this account for the first 2 or 3 months. And it would be silly to move $50k into this account just to avoid a $20 monthly fee. You'd be losi...
by sharpjm
Tue Apr 25, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: First post be gentle... credit card 24 month rule? [cancel then reapply to get the bonus]
Replies: 15
Views: 1155

Re: First post be gentle... credit card 24 month rule? [cancel then reapply to get the bonus]

One thing that many in this thread have failed to mention is that if you close a Chase card and apply for a new identical card within 30 days, they will simply re-open the closed card and no bonus will be tied to it. OP, you need to close the card, wait at least 30 days and then you can apply for an...
by sharpjm
Mon Apr 24, 2017 4:11 pm
Forum: Personal Consumer Issues
Topic: interesting things to see/do in Victoria and Vancouver, Canada
Replies: 19
Views: 1222

Re: interesting things to see/do in Victoria and Vancouver, Canada

I went to Vancouver last summer - it was my first and only time there. We did Stanley Park, a bus tour of the city, the Capilano suspension bridge, and while we were in Stanley park we saw a girl walking past with an Aquarium uniform on - when we inquired about cost she said, "oh I can get you ...
by sharpjm
Fri Apr 21, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 12680

Re: Do you have an umbrella policy?

Thanks for the reminder. Just signed up for one through Progressive yesterday after reading this post. I had inquired a few months ago after an uncle recommended but I never followed through. $175/yr for $1M no kids, no house, 1 vehicle.
by sharpjm
Fri Apr 21, 2017 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

Ohhhhhhh, exciting news, rumor of a new card from US Bank: http://www.doctorofcredit.com/confirmed-details-regarding-u-s-banks-altitude-premium-visa-infinite-credit-card-eligibility-requirements/ Cliff notes: From US Bank, annual fee $400 $325 annual travel credits, so really a $75 card if you use ...
by sharpjm
Fri Apr 21, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

Ohhhhhhh, exciting news, rumor of a new card from US Bank: http://www.doctorofcredit.com/confirmed-details-regarding-u-s-banks-altitude-premium-visa-infinite-credit-card-eligibility-requirements/ Cliff notes: From US Bank, annual fee $400 $325 annual travel credits, so really a $75 card if you use ...
by sharpjm
Fri Apr 21, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: Booking united award tickets with 2 accounts
Replies: 13
Views: 1413

Re: Booking united award tickets with 2 accounts

My SO and I just did this for a big international trip. We just logged into our accounts from different PCs and booked at the exact same time and had no issues.
by sharpjm
Sun Apr 02, 2017 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Max Out 0% Promo Credit Card
Replies: 39
Views: 2148

Re: Max Out 0% Promo Credit Card

There are plenty of banks that will let you do this (I can think of 1 off the top of my head that will let you do $5k) but it's really not worth it. OP I would definitely not do this. Your card issuers do routinely pull you credit and if they see it drop significantly they could increase your inter...
by sharpjm
Sat Apr 01, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 10848

Re: Saving 50% of salary; what does it really mean?

Unless I have mis-interpreted your calculations, it appears that you included $48k of savings into your "44% off the top" number. They would only need to save an additional $102k of the remaining $167k take home to reach 50% savings of gross pay. And as others have mentioned, many people w...
by sharpjm
Tue Mar 28, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Daughter maxed out credit cards, needs help from me
Replies: 92
Views: 4894

Re: Daughter maxed out credit cards, needs help from me

I would offer the loan with conditions as well. Make her print out every credit card statement that got her to this point and go over every purchase with her. I'm sure this sounds intrusive but I would want to be 100% certain that there is nothing nefarious going on before helping. "Make" ...
by sharpjm
Mon Mar 20, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Credit Card Rewards Question
Replies: 5
Views: 674

Re: Fidelity Credit Card Rewards Question

It is a 2% card. The 1.5% shenanigans went away when Elan took over.

Fidelity Changing Over to Elan on Saturday + Call to Covert your 1.5% Card to 2%


p.s. - DoC is a great source for info like this for those who are into the rewards CC game.
by sharpjm
Thu Mar 16, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO auto rates vs. USAA: too good to be true?
Replies: 127
Views: 10505

Re: GEICO auto rates vs. USAA: too good to be true?

When I had Geico many years ago my rates would consistently rise. I had no at fault claims with them but at one point my car was towed and the towing company destroyed the rear differential by towing an AWD car with only 2 wheels rolling. Geico seemed to do very little to try to recover my deductibl...
by sharpjm
Mon Mar 13, 2017 2:53 pm
Forum: Investing - Theory, News & General
Topic: ETF P/E ratio confusion
Replies: 4
Views: 436

Re: ETF P/E ratio confusion

I don't know the answer but I want to subscribe to thread for insight. I notice the same type of variance between yahoo, google, and TD Ameritrade.
by sharpjm
Fri Mar 10, 2017 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Pay off student loan OR more to Roth IRA
Replies: 18
Views: 726

Re: Pay off student loan OR more to Roth IRA

At your age, I'm a big fan of Traditional IRA's over Roth if you qualify for any deduction on your returns. You've got 40+ years for that money to grow. Good thoughts on that for the young investor here: https://momanddadmoney.com/traditional-vs-roth-ira-for-young-investors/ Why not Roth? She says ...
by sharpjm
Sat Mar 04, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!
Replies: 68
Views: 8072

Re: Paying Zero Income Tax on $100,000 Income? Really? Let's see if we can give new life to this old topic!

You can most definitely make over $100,000 and pay no--or extremely low--income taxes. There's one blogger, rootofgood.com who had a family income of $150,000 and paid $150 in income taxes. You can read the details here: http://rootofgood.com/make-six-figure-income-pay-no-tax/ The basics behind it:...
by sharpjm
Tue Feb 28, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Seems Dave Ramsey is right about debt
Replies: 55
Views: 10645

Re: Seems Dave Ramsey is right about debt

Awhile back I finished paying off a 10% line of credit loan, then recently I finished paying off a 7% personal loan, and this month I finished paying off a 5% student loan. They were paid off in largest interest rate to smallest, not smallest principle to largest. To me, it "feels good" kn...
by sharpjm
Tue Feb 28, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: Fidelity drops equity trade fee to $4.95
Replies: 63
Views: 5117

Re: Fidelity drops equity trade fee to $4.95

powermega wrote:I don't see how outfits like Scottrade and E*Trade can survive. $5/trade is super cheap.

Options house / trade king has had $5 trades for years and they didn't seem to be phased by it.
by sharpjm
Fri Feb 24, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

My general recommendation to Bogleheads readers of this thread is to regularly review three to six travel/credit cards/rewards blogs. They provide you with the latest news and contain useful information you did not seek. My regular go-to blogs are: http://frequentmiler.boardingarea.com/ http://mill...
by sharpjm
Fri Feb 24, 2017 2:14 am
Forum: Investing - Help with Personal Investments
Topic: Thanks for AA advice - new to the game
Replies: 14
Views: 875

Re: Thanks for AA advice - new to the game

Max your 2016 Roth. If the $4k planned contribution doesn't max it, then move money from taxable to the 2016 Roth You seem to be putting a lot of thought on AA but the only thing that is going to get you from point A to B in 10 years is an exceptionally high savings rate. Maxing 401k and a roth for ...
by sharpjm
Wed Feb 22, 2017 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on girlfriend debt/finances
Replies: 82
Views: 7724

Re: Need advice on girlfriend debt/finances

I agree with almost everyone in this thread but wanted to post a differing viewpoint. You said she recently left a high paying job due to stress. And prior to this she took 6 weeks off. Is it possible that the job loss and reduced income is part of, if not the entire, cause of the debt? The credit c...
by sharpjm
Mon Feb 20, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Savings Checkup
Replies: 4
Views: 620

Re: Retirement Savings Checkup

I can understand you want to pause or reduce contributions to save up money but here is what stood out to me. Your husband income is pretty soon going to be phased out and won't be able to contribute to a ROTH IRA (2017 contribution limit for jointly is $186) if he gets an annual raise or raise or ...
by sharpjm
Sat Feb 11, 2017 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Payment Method for Private Used Car Sale
Replies: 43
Views: 2565

Re: Payment Method for Private Used Car Sale

Sold a vehicle a few months ago. Guy brought a trailer to tow it to another state. Once he arrived, I showed him clean title, he inspected vehicle, and then I gave him a ride to my bank where I deposited his cash as I signed the title over
by sharpjm
Sat Feb 11, 2017 12:57 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1592
Views: 244751

Re: What's Your Credit Card Rewards Strategy?

FYI: A year ago I got a Chase IHG card because I was planning to attend a conference taking place at an IHG hotel. However, my travel plans have changed, and I will not be staying at that hotel. Several days before the anniversary, I've cancelled the card to avoid paying the annual fee of $45. I im...
by sharpjm
Wed Jan 25, 2017 10:14 pm
Forum: Investing - Theory, News & General
Topic: DOW [Will the DOW hit 20,000 before the end of the year?]
Replies: 44
Views: 5101

Re: DOW [Will the DOW hit 20,000 before the end of the year?]

...The Dow Jones Industrial Average is not a fund, therefore it isn't an actively managed fund... Whispering: but there is a well-established ETF, the SPDR Dow Jones Industrial Average ETF, DIA, which tracks it. ... Well, sure, nisi, but I was responding to inbox788's assertion that nobody notices ...
by sharpjm
Tue Jan 24, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: 30% tax break on Trad IRA contributions in 15% tax bracket
Replies: 34
Views: 2561

Re: 30% tax break on Trad IRA contributions in 15% tax bracket

I think practices like this are pretty standard for those that want to maximize their return. Its a bit misleading to say one receives a 30% break from ira contributions when the tax savings very clearly come from the untaxed qualified dividends. Similar efficiencies can be found when looking at ite...
by sharpjm
Mon Jan 23, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for Citibank Costco Visa
Replies: 20
Views: 2784

Re: Turned down for Citibank Costco Visa

Why would you want the Citi Costco Visa anyway? The Costco card pays 4% cash back on gasoline at Costco only. 3% on restaurants and travel, 2% on Costco purchases and 1% on everything. Else. The Citi Double Cash pays 2% on everything. So unless you are a heavy spender at Costco Gas, and a heavy spe...
by sharpjm
Mon Jan 23, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for Citibank Costco Visa
Replies: 20
Views: 2784

Re: Turned down for Citibank Costco Visa

Why would you want the Citi Costco Visa anyway? The Costco card pays 4% cash back on gasoline at Costco only. 3% on restaurants and travel, 2% on Costco purchases and 1% on everything. Else. The Citi Double Cash pays 2% on everything. So unless you are a heavy spender at Costco Gas, and a heavy spe...
by sharpjm
Mon Jan 23, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 1539

Re: 2017 Portfolio review - Advice welcome

Go ahead pay that car off i know .9 not much but you are not making much off your cash with Ally :P Ally pays 1%, so paying off a 0.9% loan from a 1% investment is literally losing money. That was my thought, but I wasn't going to make waves :mrgreen: :mrgreen: Isn't your tax rate 30% (25% fed, 5% ...
by sharpjm
Mon Jan 23, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 495
Views: 122268

Re: Share your net worth progression

Jan 1, xxxx : NW 2007 : -50k (graduated & bough new car) 2008 : -54k 2009 : -52k (wasting money buying go fast parts for car) 2010 : -42k 2011 : -30k (wasting money rebuilding engine of said car) 2012 : -18k 2013 : -9k 2014 : 3k 2015 : 20k (discovered bogleheads) 2016 : 36k (finally sold money p...
by sharpjm
Mon Jan 23, 2017 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Load up on cash - it might be one of your best investments
Replies: 53
Views: 9428

Re: Load up on cash - it might be one of your best investments

If you use cash to buy cars when interest rates are <2% for an auto loan (due to low inflation), you're doing it wrong. If you hold cash to buy cars when in interest rates are high for an auto loan (inflation is going to be higher), you're doing it wrong. If one wants to run a personal pawn shop bus...
by sharpjm
Mon Jan 23, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 Portfolio review - Advice welcome
Replies: 22
Views: 1539

Re: 2017 Portfolio review - Advice welcome

Willard wrote:Go ahead pay that car off i know .9 not much but you are not making much off your cash with Ally :P

Ally pays 1%, so paying off a 0.9% loan from a 1% investment is literally losing money.
by sharpjm
Mon Jan 23, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Turned down for Citibank Costco Visa
Replies: 20
Views: 2784

Re: Turned down for Citibank Costco Visa

After 2 hours on the phone with Experian and Chase this morning I have an update. There have actually been 5 hard pulls on my credit report in the past 3 months, all from fraudulent applications for the Amazon / Chase Visa card. Someone is apparently trying really hard to get the Amazon credit card...
by sharpjm
Tue Jan 17, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: 28yr old newbie playing catch up
Replies: 29
Views: 2661

Re: 28yr old newbie playing catch up

I know the points game pretty well. I flew biz class r/t to Asia on miles. I have over 500k miles on AA/BA - but I certainly didn't fly or spend that much ;) What credit card to you primarily use? I haven't used the same card for more than 3 months since I started collecting points because I'm cons...
by sharpjm
Tue Jan 17, 2017 12:49 pm
Forum: Personal Consumer Issues
Topic: Basic question on Hybrid cars
Replies: 64
Views: 4227

Re: Basic question on Hybrid cars

I'll second the vote for the Accord Hybrid. We own one and love it...no compromises. But, in general, hybrid technology is mature enough that you can choose whatever model and it will be a good improvement in !mileage over the gas model. +1 to accord. I've had mine for 3 years now, closing in on 40...
by sharpjm
Mon Jan 16, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve
Replies: 216
Views: 29790

Re: Chase Sapphire Reserve

I got lucky and signed up yesterday just before they dropped the bonus to 50k. I was on the fence earlier in the week, I wanted to take advantage, but the $4,000 in 3 months was worrying me. Then I realized I had some upcoming business trips coming up in the next 3-8 weeks. Hotel stays and flying t...
by sharpjm
Mon Jan 16, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: 28yr old newbie playing catch up
Replies: 29
Views: 2661

Re: 28yr old newbie playing catch up

If you spend on travel as much as you say, I'd recommend getting into the points game. There are a lot of websites good for beginners - million mile secrets, the points guy, view from the wing, etc. I tend to just read reddit/churning. But to put things into perspective, between april and december l...
by sharpjm
Tue Jan 10, 2017 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Please [Review] my Portfolio
Replies: 7
Views: 572

Re: Please with my Portfolio

At age 30 you are not starting late at all. Taking on extra rask trying to catch up is dangerous, it could easily backfire and leave you worse off. I just wanted to point out that OP has a portfolio of 26k and is considering maxing 401k in future years so IMO, re balancing isn't necessary. Just upd...

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