Search found 2467 matches

by travellight
Wed Jan 18, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 98
Views: 20603

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: Beginner's guide to not getting con'd by Chase
Replies: 85
Views: 10131

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: 98
Views: 20603

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 ...
by travellight
Mon Jan 16, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 42
Views: 3825

Re: Landlord for first time - tips and things to know?

Sandtrap, I am talking about an existing tenant coming up with an ESA out of the blue. I have had this happen twice and it was in a setting where they shared a house with others who were opposed to the dog. They left the dog home all day locked in the room. I would think having a pet fee of $500 or ...
by travellight
Mon Jan 16, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 42
Views: 3825

Re: Landlord for first time - tips and things to know?

"No Pets", period. Require current medical certificate for "assistance" or "aid animals" and a very very hefty "animal" deposit." Sandtrap: so, if you are forced to allow a tenant even though you have a no pets policy due to this scam of a workaround some...
by travellight
Mon Jan 16, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

Another tip, this time on Chase's Fairmont card which I just churned and got the rewards on: 2 free nights, 3rd night free with 2 paid nights, 1 room upgrade, and 1 suite upgrade, plus $50 dining. -the dining can be separate from the hotel stay; I plan to go out to brunch in my town with it rather t...
by travellight
Mon Jan 16, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

"Bottom Line If you’re a Chase United Explorer cardholder, you’ll see more award seats available than folks who don’t have the card. Even if there are NO award seats available for non-cardholders, you’ll be able to book an award seat, unless the flight is sold out. Folks who have the card can g...
by travellight
Sun Jan 15, 2017 5:46 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562027

Re: What Movie Have You Recently Watched?

I watched Sully last night and enjoyed it. Not riveting or oscar worthy but an enjoyable time and made me google stuff afterwards which is always a good sign that it sparked interest. I saw Still Bill also; a documentary about Bill Withers. I found myself smiling through it all. I love Bill and it w...
by travellight
Sun Jan 15, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Why nobody understands importance of high-deductible insurance?
Replies: 110
Views: 9227

Re: Why nobody understands importance of high-deductible insurance?

I do $1000 deductible as a minimum on everything and have liability only on all my vehicles now as they are "old" enough. Strangely, I do buy insurance on travel for big trips sometimes just to have a way out if something changes. I guess I see a greater likelihood of having to cancel a tr...
by travellight
Fri Jan 13, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

Oh, and the business class seats I booked with American to Japan ended up being the same as the first class seats so I saved that mileage differential cost, I think.
by travellight
Fri Jan 13, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

for those who got the United mileage explorer card, don't cancel until close to the end of the year when the fee hits. They sent me two more United passes right before renewal. I then called to cancel and they gave me $100 credit which more than offsets the annual fee.
by travellight
Fri Jan 13, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

[quote]On our first try using points for premium travel, we got two First Class seat/beds on JAL to Japan, for 80k each/quote] RM: American's business class product that we flew to Japan was actually outstanding (best flight ever, lie flat seats) and was only 50k points per person one way. This was ...
by travellight
Tue Jan 10, 2017 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: To those with a pension...
Replies: 52
Views: 5880

Re: To those with a pension...

^I would work the extra 4 years for the extra million bucks; unless your job is unbearable and bad for your health. But then, I do get 10 weeks vacation a year and like my job. To answer the OP: a) No, I was able to max out retirement space so I did every year. b) Yes. I was 100% stocks for 2 decade...
by travellight
Mon Jan 09, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 135
Views: 13849

Re: Best Financial Moves You've Made

Displaying great skepticism when my best friend at the age of 16 first informed me of this cool thing called "credit cards" and that it allowed you to buy whatever you wanted and you never had to pay it back. LBYM even in childhood. I had little red packets of money as gifts up to age 9 th...
by travellight
Mon Jan 09, 2017 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to Real Estate Investment?
Replies: 9
Views: 664

Re: Newbie to Real Estate Investment?

You make money on the buy, not the sell. i.e., you have to buy really well at an amazing price. Are you prepared to do the work and have cash reserves for all problems? If this was easy work, and made loads of money, everyone would be rich. Almost Every remodel takes longer and costs more; plan for ...
by travellight
Mon Jan 09, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Doctors and retirement
Replies: 67
Views: 7002

Re: Doctors and retirement

sambb, thanks for this very gracious sentiment:

"You gave up the best years of your life, from age 18-35 in libraries, studying, and working >80 hours a week in residencies so you could save my life."
by travellight
Mon Jan 09, 2017 1:24 am
Forum: Personal Finance (Not Investing)
Topic: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?
Replies: 36
Views: 1599

Re: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?

^ I don't think that is true that NMF are 0.5%. Most NMSF advance to NMF (it goes from 16k to 15k) but only about half (8k) get the scholarship. "Staying motivated and committing yourself to all these goals will put you in the best position toward becoming a National Merit Finalist. Remember, o...
by travellight
Sat Jan 07, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?
Replies: 36
Views: 1599

Re: College application time coming soon. Can you recommend an SAT/ACT prep course? Or have other ideas?

It helps if your kid was an avid reader going into this. Other than that, all I could get my kid to do was look over an old practice test online. That was a big help though because he did very well. Getting above a 34 on the ACT will help for the highly selective schools. What do you mean by "a...
by travellight
Sat Jan 07, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 104
Views: 4915

Re: What monetary value has your education provided you?

NPV of education is a great equalizer. There are those who got a full ride whose monetary value would be infinity. My ratio is so favorable because the net cost for 8 years was 25k. In total's costs, it would be 192k. That reduces my ratio to 31 without factoring number of years of accumulation.
by travellight
Fri Jan 06, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 194
Views: 11940

Re: Annual Vacation Budget

I spent 16k for travel last year according to mint dot com; this is for 2 people and doesn't include food. We actually "spent" more because there was probably another 50% funded by credit card frequent flier rewards. We did 2 international trips last year and travel monthly as well.
by travellight
Fri Jan 06, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 104
Views: 4915

Re: What monetary value has your education provided you?

this is not an apples to apples comparison as the numerator (total earnings) varies based on age and length of work years and denominator stays fixed so those who are older with more years of work will have a higher number. Perhaps we should also divide by number of years. net earnings divided by co...
by travellight
Fri Jan 06, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to approach getting new wills, trusts, with a blended family
Replies: 51
Views: 2470

Re: How to approach getting new wills, trusts, with a blended family

How about this: If you die first, your wife does not need any of your money. Leave all your money to all four kids, divided equally (with trust guardrails for all till responsible age). If your wife dies first, she could leave you half of her estate and leave the other half to her two biologic kids,...
by travellight
Fri Jan 06, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

^that was a few years ago, Jim. It may have changed since then.
by travellight
Thu Jan 05, 2017 11:04 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562027

Re: What Movie Have You Recently Watched?

Captain Fantastic. Very enjoyable. Viggo was terrific. Great ensemble cast of kids. Arrival. I was a little disappointed. Found it to be a bit slow. Smart movie but doesn't sweep me away. Moana. good but I had expected so much of it. Sing. Loved it. So fun; utterly delightful. Animated films are kil...
by travellight
Wed Jan 04, 2017 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 961
Views: 119451

Re: What's Your Credit Card Rewards Strategy?

^ I have the Capitol one Spark and it is 2% back on everything with no annual fee. I don't use it enough (i.e. not at all) since I am usually chasing bonuses. I like having it as a back up card.
by travellight
Tue Jan 03, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Rental Properties and Asset Allocation
Replies: 12
Views: 1300

Re: Rental Properties and Asset Allocation

I would agree that in a world with only two asset classes, I would consider it bond like. I would consider pension and annuities bond like as well. Someone with no income and only their investment portfolio with an 80/20 ratio is quite different than someone with a portfolio that is 80/20 but also h...
by travellight
Tue Jan 03, 2017 2:20 am
Forum: Personal Finance (Not Investing)
Topic: How do you view money over and above your number?
Replies: 50
Views: 5567

Re: How do you view money over and above your number?

JaneyLH: Fly first class and explore a new place and stay in a nice hotel. Try it out and see how it feels.
by travellight
Tue Jan 03, 2017 12:15 am
Forum: Personal Consumer Issues
Topic: best way to buy TaxAct
Replies: 13
Views: 1385

Re: best way to buy TaxAct

does freetaxusa do the more complex taxes such as for those who have investment real estate? ... and back door roth iras?
by travellight
Tue Dec 27, 2016 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Declaring state residency for tax filing purposes
Replies: 18
Views: 1364

Re: Declaring state residency for tax filing purposes

I think RVers who don't earn an income from any particular state pick a no tax state and set up a PO Box there, and possibly change their driver's license to that state, put their things in storage in that state if needed. Set up your voter registration, etc. One of my clients moved to South Dakota ...
by travellight
Tue Dec 27, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 12588

Re: I'll never save a 20% down payment. Rent for life?

I would agree with those who suggest that your wife could earn an income as well. This would give you more of a buffer. One technique I used when I bought my house (a long shot but at least worth knowing about): I negotiated with the seller to have a second loan to them for 15% so that I was able to...
by travellight
Tue Dec 27, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I contact my landlady for lease renewal ?
Replies: 18
Views: 2294

Re: Should I contact my landlady for lease renewal ?

I would write to her. I suspect she is just waiting till 30 days to ask if you want to renew the lease, or she just forgot, or she has other plans for the property. Best to know where things stand now.
by travellight
Tue Dec 27, 2016 3:42 am
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement?
Replies: 32
Views: 2856

Re: How do you plan for retirement?

I set arbitrary numbers and then shoot for them. I remember a million by 40 being a goal; then there was the 2 million goal but I don't remember if that was for 50. Now, 8 figures is the goal.

Along the way, I follow the LBYM principles.
by travellight
Tue Dec 27, 2016 3:39 am
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10761

Re: At what age, income, and NW would you buy a $50k car?

I tend to save first, and then spend. The most I have paid for a car is 32k for a used Jaguar xj8. I paid 25k for my current car, a used Cadillac STS. Once all my mortgages are paid off, I will splurge on a car since I will have band width with no mortgages to pay... and I love cars. I was ready to ...
by travellight
Sat Dec 24, 2016 5:31 pm
Forum: Personal Consumer Issues
Topic: Vacationing in Spain - how to pay for things?
Replies: 42
Views: 3045

Re: Vacationing in Spain - how to pay for things?

I take 2 ATM cards and at least 2-3 credit cards. I usually withdraw in the local currency from an ATM at the airport upon arrival; about 200-300$. My bank allows 4 ATM withdrawals with no fee per account which is why I have 2 accounts and can make 8 ATM withdrawals. As stated before, if asked if yo...
by travellight
Sat Dec 24, 2016 5:16 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 6989

Re: My Christmas Gift to You.

Thank you, Taylor, and Merry Christmas!
by travellight
Sat Dec 24, 2016 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 301
Views: 15652

Re: Picking College and College Scholarships

At your income level, it is likely that any school your kid would get merit aid at is a lower level school than where he would have to pay to go. They may be perfectly great schools and it may be the right decision for you financially but it is not likely to be an apples to apples decision. My kid g...
by travellight
Sat Dec 24, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 301
Views: 15652

Re: Picking College and College Scholarships

" timmy » Fri Dec 23, 2016 7:28 pm travellight wrote: "My youngest guy asked how much college cost vs. how much we make." Did you answer the income question? I said that for each kid, that Mom and Dad, might have to go to work for a whole year to pay for their college. That's why we a...
by travellight
Sat Dec 24, 2016 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Real Estate - buying my first investment property in Charleston, SC
Replies: 11
Views: 1290

Re: Real Estate - buying my first investment property in Charleston, SC

You should first decide if you should do this and come up with some metrics on when/what to buy if you do decide you want to. My personal method was not something I read anywhere; I just made it up. I would research the rental market and figure out what the house would likely rent for. I would then ...
by travellight
Fri Dec 23, 2016 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: Real Estate Vs. Stocks - all-time returns
Replies: 19
Views: 2372

Re: Real Estate Vs. Stocks - all-time returns

they are very different and it depends on what your skill set is and what you are more comfortable with. For me, I am average or below average in investing in stocks and am more comfortable with real estate and my returns reflect that.
by travellight
Fri Dec 23, 2016 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Banking - choosing
Replies: 25
Views: 1961

Re: Banking - choosing

"I have multiple accounts at multiple places to meet these needs." I do this as well, jag. My primary most active account is with Wells (8 accounts plus ira, roth ira, and heloc). It is free, thorough, and convenient. I have an account with a local bank with 1% savings and a great flexible...
by travellight
Fri Dec 23, 2016 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 301
Views: 15652

Re: Picking College and College Scholarships

"My youngest guy asked how much college cost vs. how much we make."

Did you answer the income question?
by travellight
Thu Dec 22, 2016 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on short term disability?

^my primary job involves hours of standing which I can't do with a broken leg. I am truly disabled and hardly see this as a con. It is difficult to parse out the occasional and randomly timed contributions. I want to continue some interactions on a volunteer basis. I don't want to rock the boat but ...
by travellight
Thu Dec 22, 2016 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on short term disability?

Thanks for the advice, everyone. My employer did not ask me to do anything and I am not doing it for brownie points. I just really care about the projects and it just involves a few phone calls that add no further risk to my health.
by travellight
Thu Dec 22, 2016 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on short term disability?

I have checked with HR with no clear answer. This is 2-3 months and paid by an external source.
by travellight
Thu Dec 22, 2016 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on sick leave?

sick leave is paid by the employer if under 6 weeks; beyond that, it is an outside independent company. I just don't know how or if there is a mandate that I be completely divorced from my work and not even do email or phone calls.
by travellight
Thu Dec 22, 2016 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on sick leave?

^why not, big dog? I mean, is doing email without pay considered a problem? This is disability, I guess, not sick leave.
by travellight
Thu Dec 22, 2016 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to Drop Wells Fargo for Online Banking
Replies: 48
Views: 2643

Re: Looking to Drop Wells Fargo for Online Banking

livesoft: how do you get free wire transfers at Wells?
by travellight
Thu Dec 22, 2016 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on sick leave?

It doesn't seem to me that the external company can require that I be disconnected from my work emails or phone calls altogether. Just checking on this...

The involvement is random; I just reply to emails as they come up.
by travellight
Thu Dec 22, 2016 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Can I volunteer while on short term disability?
Replies: 27
Views: 1378

Re: Can I volunteer while on sick leave?

Thanks but I don't want to earn any money while I am recovering. My sick leave is generous in length of time and amount of pay (same as if I was working). I just want to make sure there is no risk of something I don't know about in volunteering some time for some high level projects I had going on. ...

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