Search found 2514 matches

by travellight
Sat Feb 25, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: AP: Americans buy existing homes at fastest pace in a decade
Replies: 36
Views: 2751

Re: AP: Americans buy existing homes at fastest pace in a decade

If you want a house to live in, I would go ahead and buy. Look at downtowns as opportunities to lower your property taxes/appraised values. I went through two downturns in the market and refinanced/reappraised both times and my house held its value but I was able to get property taxes lowered once. ...
by travellight
Fri Feb 24, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-retirement checklist, what is on yours?
Replies: 40
Views: 3027

Re: Pre-retirement checklist, what is on yours?

All mortgages and college education paid off. No debt and maybe a dream car acquired debt free as well.

Conversions to roth iras planned and figured out.
by travellight
Thu Feb 23, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

I think there are a ton in that category, I have about the same threshold and between my wife and I we've opened 40+ cards in the past couple years (most of them in my name). I am nowhere near out of cards to apply for. I guess it depends how you value bonuses and what is useful to you. I don't rea...
by travellight
Thu Feb 23, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Help analyzing retal duplex in rural Rome GA
Replies: 6
Views: 297

Re: Help analyzing retal duplex in rural Rome GA

The numbers look good but I wouldn't buy in an area where tenancy (quality and vacancy) would be a concern. I would personally rather pay higher numbers and have higher quality tenants and lower turnover. I have 6 properties and had a 7th that I sold for this reason... I was not cut out to be a slum...
by travellight
Thu Feb 23, 2017 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

Heads up! I have just read a cautionary tale in Million Mile Secrets, http://millionmilesecrets.com/2017/02/21/cancel-recurring-payment/ A guy has canceled a credit card but forgot to transfer a recurring payment to another card. The payee charged the card several months after it was closed, the ch...
by travellight
Thu Feb 23, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

They don't care about 5/24 or other rules because once you exhaust all of your bonus opportunities, you're done. This is the game changer...once you've run through all the major bank cards, you are done churning for bonuses - left with only waiting for new cards w/bonuses or watching for special pr...
by travellight
Wed Feb 22, 2017 10:06 pm
Forum: Investing - Theory, News & General
Topic: economics of landlording
Replies: 46
Views: 4056

Re: economics of landlording

I like real estate in general and have tried to look at it from a number of different angles. With this particular rental, I wouldn't do the deal if I were buying it now but considering you already have it, I don't know if the cost of the sales process is worth it, probably 50:50. Consider the benef...
by travellight
Wed Feb 22, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

They don't care about 5/24 or other rules because once you exhaust all of your bonus opportunities, you're done. This is the game changer...once you've run through all the major bank cards, you are done churning for bonuses - left with only waiting for new cards w/bonuses or watching for special pr...
by travellight
Wed Feb 22, 2017 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

They don't care about 5/24 or other rules because once you exhaust all of your bonus opportunities, you're done. This is the game changer...once you've run through all the major bank cards, you are done churning for bonuses - left with only waiting for new cards w/bonuses or watching for special pr...
by travellight
Thu Feb 16, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: What's the secret to happiness?
Replies: 39
Views: 2582

Re: What's the secret to happiness?

As a parent, I think the phrase "you're only as happy as your unhappiest child" is applicable.
by travellight
Thu Feb 16, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

Sanity check, please! I am about to apply for an AMEX SPG-Business card. As I am checking my upcoming expenses for the next 3 and 6 months, I am finding that many places do not accept AMEX, particularly in Europe. Thus, my default choice for meeting minimum spending is to pay estimated taxes with a...
by travellight
Thu Feb 16, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

I am sure that I can do better, but my most recent "strategy" is to move my brokerage account to Merrill Edge, qualify for platinum reward honors program at bank of america and use the Cash Rewards card for gas (earning 5.25%), and using their travel rewards card for everything else, but ...
by travellight
Thu Feb 16, 2017 12:47 pm
Forum: Investing - Help with Personal Investments
Topic: Paying off a 7 Year ARM at 2.875% or Invest?
Replies: 10
Views: 857

Re: Paying off a 7 Year ARM at 2.875% or Invest?

I'm not prepaying my 2.75% mortgage. After taxes my effective rate is 1.83%. I am willing to bet that I can beat that rate of return by investing over the remaining life of my mortgage (14 years in my case as I have a 15 yr fixed). In fact I can probably do that without even taking stock market ris...
by travellight
Thu Feb 16, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

I believe current conventional wisdom is 3 months in-between churning this card. Thanks! For the benefit of others, I also read that one should wait 30 days before applying again with Chase, and 8 days for citi and no more than 2 cards with citi within 65 days: Application frequency: 2 credit cards...
by travellight
Thu Feb 16, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 80
Views: 4917

Re: Tesla Model 3 or Chevy Bolt?

jazman12 wrote:Consider a used model X. There is no wait for availability


Why model X specifically? Why not the model S?
by travellight
Thu Feb 16, 2017 11:29 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 80
Views: 4917

Re: Tesla Model 3 or Chevy Bolt?

Chevy Volt (plug-in hybrid) has 50+ mile all-electric range and nearly 400 mile total (gas+electric) range. So no range anxiety, proven, second-generation design, attractive pricing + tax incentives, available everywhere and right now. Just saying... Plus, you can drive in the HOV lane, right? What...
by travellight
Thu Feb 16, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

I got an offer for the Citi AA for 60k bonus miles. I just checked my credit report and I only have 3 new accounts in the last 24 mo. However, I had a Citi AA until May 2015. Does that affect my approval if everything else is good? I think you are okay but I would go for the Chase Ink business rece...
by travellight
Thu Feb 16, 2017 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

^ I found it! Thanks Drew and btwolf. Should one wait a month between churning the Alaska airlines cc? I believe current conventional wisdom is 3 months in-between churning this card. Thanks! For the benefit of others, I also read that one should wait 30 days before applying again with Chase, and 8...
by travellight
Thu Feb 16, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

Frequent Miler has posted new AMEX SPG specials : 25k/35k bonus on SPG Personal and Business cards. I am thinking of applying for the business card. - Can someone confirm that it would not count towards Chase 24/5? - Can someone confirm that AMEX SPG cards earn double points in Marriott hotels? Tha...
by travellight
Thu Feb 16, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

I got an offer for the Citi AA for 60k bonus miles. I just checked my credit report and I only have 3 new accounts in the last 24 mo. However, I had a Citi AA until May 2015. Does that affect my approval if everything else is good? I think you are okay but I would go for the Chase Ink business rece...
by travellight
Thu Feb 16, 2017 2:35 am
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 3625

Re: How do you handle switching your handbag?

I switch bags about every two years... either when the current one starts to fall apart or if I couldn't resist buying a new one that caught my eye. My last two bags have been very similar: black (which I think goes with everything), nylon so it is light (no more leather for me), must have front poc...
by travellight
Thu Feb 16, 2017 2:33 am
Forum: Personal Consumer Issues
Topic: How do you handle switching your handbag?
Replies: 62
Views: 3625

Re: How do you handle switching your handbag?

FedGuy wrote:
JenDesi7 wrote:I know guys notice shoes.

No, we don't.


Ha! I didn't think you did. Unless they happen to be sexy high heels and then I assume you only notice the overall jist of it, not the details.
by travellight
Wed Feb 15, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

^ I found it! Thanks Drew and btwolf. Should one wait a month between churning the Alaska airlines cc? I believe current conventional wisdom is 3 months in-between churning this card. Thanks! For the benefit of others, I also read that one should wait 30 days before applying again with Chase, and 8...
by travellight
Tue Feb 14, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

^ I found it! Thanks Drew and btwolf. Should one wait a month between churning the Alaska airlines cc?
by travellight
Tue Feb 14, 2017 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Requesting tax efficient investing advice
Replies: 28
Views: 2147

Re: Requesting tax efficient investing advice

Consider that with your current income the income from even a tax efficient taxable account such as equity index funds will throw you into a higher bracket sooner than you think. Okay, you mean we have AGI of $200K now and in the 28% tax bracker. Another $30K of S&P500 Index puts me in the 33% ...
by travellight
Tue Feb 14, 2017 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

If I wait a year and get a 50k CSR bonus, it will be equivalent to ~$900. Thus, I am now inclined to tighten the belt and wait for the CSR eligibility. Victoria But man, there are some pretty good deals out there you are passing on with this belt tightening. I think the Merrill+ card is awesome. $3...
by travellight
Tue Feb 14, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Mint/Financial Organization/Credit Card Travel Hobby
Replies: 10
Views: 666

Re: Mint/Financial Organization/Credit Card Travel Hobby

I think the labor cost of not using autopay far exceeds the risk it entails. I always sign up for autopay asap and have never found an error or been excessively charged and this is in a long history with over 30 credit cards. I use Mint to keep an eye on it and I am sure if I found an error, a simpl...
by travellight
Mon Feb 13, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

VictoriaF - I don't think your approach is different from everyone else, at least not from me. For the most part I collect AA / UA / DL / MR / UR / TY pts, not hotel points. I use those points for economy flights and 80% of my stays are in hostels and Airbnb. I was just pointing out that even a bud...
by travellight
Mon Feb 13, 2017 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Newbie to taxable investing: highest tax bracket in California, with pension, and real estate
Replies: 6
Views: 590

Re: Newbie to taxable investing: highest tax bracket in California, with pension, and real estate

I also read that investing in ETFS or individual stocks may work as well but I don't have the comfort level with this. My person rate of return in my current investment accounts over my entire history from 2008 is 10% across all sectors. My question is why invest in tax free when the return is so l...
by travellight
Mon Feb 13, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Newbie to taxable investing: highest tax bracket in California, with pension, and real estate
Replies: 6
Views: 590

Re: Newbie to taxable investing: highest tax bracket in California, with pension, and real estate

Since you're investing for the next generation with a long time horizon, decades presumably, and in the highest tax bracket, consider putting your taxable investments in Vanguard Tax Managed Capital Appreciation Fund. https://personal.vanguard.com/us/funds/snapshot?FundId=5102&FundIntExt=INT I ...
by travellight
Sun Feb 12, 2017 10:16 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

Watching the sloths, I thought it's not just that they move so slooooowly, but that the rest of us move so fast, which may say more about us than them. "travelight wrote: Not sure what this says about me, but the DMV sloth scene is possibly my favorite scene of all time. I feel like I live tha...
by travellight
Sun Feb 12, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to taxable investing: highest tax bracket in California, with pension, and real estate
Replies: 6
Views: 590

Newbie to taxable investing: highest tax bracket in California, with pension, and real estate

I am about to start a taxable investment account at the ripe age of 55 and am very nervous about these unchartered waters. I have done all my investing within my 401k and my ROTH IRA (back door). I spent all efforts on maxing those and paying off my mortgages first which is why I am so late to taxab...
by travellight
Sun Feb 12, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

"Watching the sloths, I thought it's not just that they move so slooooowly, but that the rest of us move so fast, which may say more about us than them." Not sure what this says about me, but the DMV sloth scene is possibly my favorite scene of all time. I feel like I live that scene every...
by travellight
Wed Feb 08, 2017 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1205
Views: 149105

Re: What's Your Credit Card Rewards Strategy?

I tried for CSR by becoming Chase Private client and got turned down. Very disappointing.
by travellight
Sun Feb 05, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

Anomalisa. I believe it was nominated for an Oscar and lost to Inside Out (which I loved, but this is a serious contender). I loved this film; I have never seen anything like it before. Existentialist and provocative.
by travellight
Thu Feb 02, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: How do you save?
Replies: 39
Views: 4756

Re: How do you save?

^ ah, thanks. Yes, tira or 401k that allows pretax reduction of income is favorable. I would think though that if one does a 401k and still has money leftover, it is a good thing to supplement with a roth ira if one is unable to do an ira that is pretax. And, isn't a roth ira always better than a ta...
by travellight
Thu Feb 02, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How do you save?
Replies: 39
Views: 4756

Re: How do you save?

"TheTimeLord wrote:
2) Roth will be better over the years than Tax-Deferred most of the time


That is way too broad a statement that will often, if not usually, not be true especially if you don't have very high income. "

When is Roth not a great way to go, if one has the extra funds?
by travellight
Tue Jan 31, 2017 1:45 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

Crown Heights, about injustice in the criminal justice system... based on a true story. I did not love it. The beginning was a disjointed narrative which is a style I am not fond of. Legion of Brothers: a documentary about the first troops into Afghanistan. I thought it was just okay and like Manhun...
by travellight
Tue Jan 31, 2017 1:41 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

Yellow Birds, at Sundance film festival. A harrowing tale of the horrors of war. It was well done as evidenced to me by how much I was disturbed by it.
by travellight
Tue Jan 31, 2017 1:37 am
Forum: Personal Finance (Not Investing)
Topic: Chase Private Client presentation; your thoughts?
Replies: 23
Views: 3117

Re: Chase Private Client presentation; your thoughts?

Capt. Credit crunch: What do you think of putting some money into one of their managed funds and incurring a fee? I recently sat through a presentation and am considering one of their managed funds. I know that is very frowned on here but looking at the 1, 3, an 10 year rate of returns, it beats wha...
by travellight
Sat Jan 28, 2017 11:46 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

An Inconvenient sequel, Al Gore's follow up on global warming. It was terrific.
by travellight
Sat Jan 28, 2017 1:01 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2424
Views: 613089

Re: What Movie Have You Recently Watched?

2 movies so far at the Sundance film festival: LA Times: a delightful comedy set in LA. Michelle Morgan wrote, directed, and starred in it and she is hilarious. Polka King: a comedy based on the true life story of Jan Lewan. One of the best performances by Jack Black; it is a fun romp that I thoroug...
by travellight
Mon Jan 23, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 472
Views: 113035

Re: Share your net worth progression

^ wow, hope the positive trend continues sharpjm.
by travellight
Sat Jan 21, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is there anything else I can do? [to cut taxes]
Replies: 19
Views: 1895

Re: Is there anything else I can do? [to cut taxes]

I think some good points have been raised: * do you just want to reduce taxes or maximize net gain? I am processing this myself as I am starting my first taxable account and am considering tax sheltered vehicles that might return 3% tax free but need to consider that if I put it in a taxable fund th...
by travellight
Thu Jan 19, 2017 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 5668

Re: What monetary value has your education provided you?

bubbadog, couldn't you estimate that by using the average income of an engineer vs the average income of your specialty? I think the MD still beats it.
by travellight
Thu Jan 19, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: Great CD Promo! Andrews FCU 84 mo 3.01%
Replies: 184
Views: 22925

Re: Great CD Promo! Andrews FCU 84 mo 3.01%

^ just an fyi.... you can do this proactively. When I opened my CD recently, a screen popped up with what to do at maturity and rolling over was the default auto-populated option but I clicked the other option which was to transfer back to the savings account.
by travellight
Wed Jan 18, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 97
Views: 22060

Re: Is Being a Private Banking Client Worth it?

Thanks for the responses. Yes, the perks are minor; they are just perks. I don't put that much value in them. I can avoid the fees and do the self directed method (no costs) and still get all the perks. I am only considering putting in 100k in their managed account. Yes, anything could change and an...
by travellight
Wed Jan 18, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Comprehensive discussion on holding/trading mutual funds, ETF, and stocks in Chase (for those who values CPC status)
Replies: 101
Views: 12112

Re: Beginner's guide to not getting con'd by Chase

There is an assumption that there is no such thing as a free lunch that I don't think is necessarily valid. I am looking into Chase Private Client and it is possible to do this with no fees. An early post of wrap fees really derailed the discussion imo as it is untrue. You do pay fees if you do acti...
by travellight
Wed Jan 18, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 97
Views: 22060

Re: Is Being a Private Banking Client Worth it?

I am looking into Chase private client. It seems to me to offer services with no obligations other than an expectation of 250k at the bank. From what i can tell, the services are nice perks and I don't have to end up paying more. Here are the perks that I would appreciate: -possible access to chase ...

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