Search found 2377 matches

by travellight
Sat Dec 03, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 101765

Re: What's Your Credit Card Rewards Strategy?

["New] American Airlines AAdvantage bonus miles are not available if you have had any Citi AAdvantage card (other than a CitiBusiness AAdvantage card) opened or closed in the past 24 months. Product change is treated as account closure." I came across this today; it seems very restrictive....
by travellight
Fri Dec 02, 2016 6:12 pm
Forum: Personal Consumer Issues
Topic: another New York rental question
Replies: 39
Views: 2186

Re: another New York rental question

great read, brklyn96. I always am amazed nyc does not have a better trash system.
by travellight
Thu Dec 01, 2016 5:43 pm
Forum: Personal Consumer Issues
Topic: Credit Card bonuses
Replies: 19
Views: 2400

Re: Credit Card bonuses

^that link is extremely helpful, rox. Thank you.
by travellight
Thu Dec 01, 2016 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 101765

Re: What's Your Credit Card Rewards Strategy?

woohoo! I signed up for the Alaska airlines cc, got approved and spent the minimum the day I got it. I also applied for Hilton Honors, at 75k bonus with no AF, seemed timely. Was approved and waiting to spend on it. I also applied for Chase Fairmont visa. I waited 4 days with no sign of new life in ...
by travellight
Thu Dec 01, 2016 3:03 pm
Forum: Personal Consumer Issues
Topic: another New York rental question
Replies: 39
Views: 2186

Re: another New York rental question

I know of young people who rent a 1 bedroom together and put up a temporary wall and door to create a second bedroom if the living room is large enough. Their plan is to take it down and restore it to move in condition when they leave. This made it affordable for them.
by travellight
Wed Nov 30, 2016 6:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 42
Views: 2690

Re: livesoft is almost at 50,000 posts...

It is very difficult for me to get a first response in as livesoft has usually beat me to the punch. Great to see his level of devotion on this site!
by travellight
Wed Nov 30, 2016 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Feeling like you've "made it"
Replies: 98
Views: 8525

Re: Feeling like you've "made it"

You're only 30!!! I don't think I felt like I "made it" till around 50. Your net worth is much higher than mine was at age 30. Relax, enjoy the ride and enjoy your youth.
by travellight
Wed Nov 30, 2016 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 25
Views: 2193

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

^great advice, EV.

I also have all my turnovers in the spring time. It makes a huge difference filling a place in winter versus spring when there is demand.

Your other advice on writing good copy with good pics and how to manage the showings is spot on.
by travellight
Tue Nov 29, 2016 8:49 pm
Forum: Personal Consumer Issues
Topic: Credit Card bonuses
Replies: 19
Views: 2400

Re: Credit Card bonuses

Amex allows each card only once, not every two years. I don't think they have a maximum number held at one time though.
by travellight
Tue Nov 29, 2016 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Landlord for first time - tips and things to know?
Replies: 25
Views: 2193

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

I would also get insurance with strong/high liability coverage. I tried to be thorough in my asset protection maneuvers, creating individual LLCs for each property. I don't think the fact that you live in one of the units has any bearing. I agree with the advice to be very very thorough in your leas...
by travellight
Tue Nov 29, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: Great CD Promo! Andrews FCU 84 mo 3.01%
Replies: 83
Views: 8634

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

thanks for alerting us, protagonist!
by travellight
Tue Nov 29, 2016 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs 401K with identical tax brackets
Replies: 14
Views: 602

Re: Taxable vs 401K with identical tax brackets

^ I understood that he had maxed out on Roths.... I would agree with your statement otherwise.
by travellight
Tue Nov 29, 2016 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Turning Primary Residence Into a Rental
Replies: 16
Views: 1216

Re: Turning Primary Residence Into a Rental

"Good property managers are scarce, so if you go this route investigate and select carefully." I agree with this and manage my properties myself for this reason. It almost matches my feelings on paying for financial advisors. I manage 6 properties while having a full time job in a complete...
by travellight
Tue Nov 29, 2016 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs 401K with identical tax brackets
Replies: 14
Views: 602

Re: Taxable vs 401K with identical tax brackets

Re taxable versus 401k: If you need to access that money such as to buy those properties, I would put the amount you need to access in taxable. In general, I would maximize all available tax advantaged retirement space first. I believe you are only taxed on the gains in the taxable account. In gener...
by travellight
Sun Nov 27, 2016 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: What should the target amount to save up for college be?
Replies: 13
Views: 1448

Re: What should the target amount to save up for college be?

I tried to be prepared for in excess of 250,000 and it looks like that is what it will be costing me. You have to plan for not just tuition costs but housing/food/travel/books/mandatory insurance and fees. Our "cost of attendance" was about 70k per year.
by travellight
Sun Nov 27, 2016 8:28 pm
Forum: Investing - Theory, News & General
Topic: Military Pension (Or any pension) - Roth vs. Traditional for 401K
Replies: 21
Views: 2209

Re: Military Pension (Or any pension) - Roth vs. Traditional for 401K

"by grabiner » Sun Nov 27, 2016 7:25 am travellight wrote: I will have a pension and couldn't decide so I kinda split it. For next year though, I am leaning towards all roth in anticipation of my tax bracket going down from 39.6 to 33. In the 39.6% bracket, you should almost certainly go all-tr...
by travellight
Sun Nov 27, 2016 12:37 am
Forum: Investing - Theory, News & General
Topic: Military Pension (Or any pension) - Roth vs. Traditional for 401K
Replies: 21
Views: 2209

Re: Military Pension (Or any pension) - Roth vs. Traditional for 401K

I will have a pension and couldn't decide so I kinda split it. For next year though, I am leaning towards all roth in anticipation of my tax bracket going down from 39.6 to 33.
by travellight
Sat Nov 26, 2016 6:25 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 215
Views: 20587

Re: What is your favorite consumer product?

Trader Joe's nonfat plain creamline yogurt.

Gold peak sweet tea.
by travellight
Fri Nov 25, 2016 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Keep it simple at high income level?
Replies: 34
Views: 5714

Re: Keep it simple at high income level?

"by grabiner » Thu Nov 24, 2016 6:57 am You may well decide to pay off your mortgage early, but it is less attractive in high tax brackets. An alternative is to invest an amount in municipal bonds equal to your mortgage balance, if the bonds yield more than the after-tax mortgage rate. You can ...
by travellight
Thu Nov 24, 2016 12:25 am
Forum: Investing - Help with Personal Investments
Topic: Keep it simple at high income level?
Replies: 34
Views: 5714

Re: Keep it simple at high income level?

I chose to pay down mortgages first and am also just looking at starting a taxable account myself and want to avoid dividends so I can avoid taxes. I am researching Berkshire Hathaway as a potential holding.
by travellight
Wed Nov 23, 2016 6:56 pm
Forum: Investing - Help with Personal Investments
Topic: Maxed 401k - Now What?
Replies: 12
Views: 1966

Re: Maxed 401k - Now What?

I would do ROTH ira first, then after tax 401k, then taxable in terms of preferences if you had more to invest.
by travellight
Wed Nov 23, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: So I just received a letter from the IRS...
Replies: 10
Views: 1779

Re: So I just received a letter from the IRS...

I would check with the tax preparer first. I may be naive to this process but my next step would be to call the IRS for fact finding to understand where the irregularities are. I hope these are simple misunderstandings and can be corrected without you having to pay all this money.
by travellight
Wed Nov 23, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 383
Views: 87819

Re: Share your net worth progression

Congrats Wildbill! Your performance/recovery since 2009 is especially impressive. I decided to go all equities only 2 years ago on all new investments in my retirement accounts; a little late to that game. You have outperformed me with a similar time frame and I have a much higher final salary which...
by travellight
Mon Nov 21, 2016 9:06 pm
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 2424

Re: cheap hotels in NYC

^ correction.... hi nyc is $48/night for a 6 bedded room.
by travellight
Mon Nov 21, 2016 9:01 pm
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 2424

Re: cheap hotels in NYC

I have also stayed at the ROW nyc. I got a rate of $129 which was awesome. Room was small but totally adequate and clean and beds comfortable. Right in central area, very convenient. Only negative is they charge a resort fee of about $20ish and walls are thin and I was awakened to romantic action in...
by travellight
Mon Nov 21, 2016 8:58 pm
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 2424

Re: cheap hotels in NYC

My go to cheap place is Hi NYC near Columbia University on the upper west side, a hostel. It is clean and safe and comfortable. I go for the mixed premium dorms that have only 4 ppl/room. It's perfectly adequate for me and the main risk is temperature wars on the thermostat. Rates are about $65/nigh...
by travellight
Mon Nov 21, 2016 12:05 am
Forum: Personal Consumer Issues
Topic: cheap hotels in NYC
Replies: 35
Views: 2424

Re: cheap hotels in NYC

https://www.kayak.com/hotelreservation?searchID=uAAEA8lszl&resultID=343180&clickId=ze8ZYapPrbMbTsmBxvfWxQ&ProvidedByCode=55&searchTime=1479704428086&HotelId=343180&shid=43939&CheckInDate=12%2F16%2F2016&CheckOutDate=12%2F18%2F2016&NumRooms=1&NumGuests=1&roo...
by travellight
Sun Nov 20, 2016 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-tax Retirement Accounts and Pensions in Networth
Replies: 37
Views: 3689

Re: Pre-tax Retirement Accounts and Pensions in Networth

I track two values for net worth; one without pension and then occasionally, I will check the value with the pension.

I know the minimum monthly or annual income I am assured in my pension and I look up the value of a comparable annuity to deliver that.
by travellight
Sun Nov 20, 2016 7:20 pm
Forum: Personal Consumer Issues
Topic: 24 Hour fitness: negotiation tips?
Replies: 9
Views: 1391

Re: 24 Hour fitness: negotiation tips?

^ I got that also, squirm. It is one of my best deals ever. 10 years of $49/year.... recently, it was increased to $99/year but hard to complain.
by travellight
Sun Nov 20, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 7647

Re: Do you track your net worth? How long have you done so?

Looking back, I am surprised I only have records of tracking it since July 2011 since I joined BH in 2008. I think it was joining mint dot com that lead me to start recording it which I do about weekly so I can have a year to year comparison. It also lets me track credit card spending easily. Since ...
by travellight
Sun Nov 20, 2016 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 109
Views: 9990

Re: Rules of Thumb: Max House Value as % of Net Worth?

Did you move, protagonist? I thought you were in NYC.
by travellight
Sun Nov 20, 2016 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house for your college kid?
Replies: 46
Views: 3665

Re: Would you buy a house for your college kid?

I would consider buying a place as an investment and as a pied a terre for me to stay at while visiting. My kid could also stay there during summers if he ends up having to stay the summer for an internship. I would want my kid to be on campus living in dorms and having the fully immersed college ex...
by travellight
Sun Nov 20, 2016 1:48 pm
Forum: Personal Consumer Issues
Topic: Turn off water heater on vacation?
Replies: 93
Views: 19231

Re: Turn off water heater on vacation?

"So, now, when we turn off the water, we also turn off the icemaker."

Good detail to consider, sport.
by travellight
Sun Nov 20, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Cannot get myself to spend my savings
Replies: 75
Views: 8007

Re: Cannot get myself to spend my savings

I have a bit of the same affliction. Examples are that I had two recent trips (one to Tuscany, second trip to Japan/Hong kong) and did not buy anything nice for myself although I can certainly afford it. I have been transitioning though by spending more in fine dining (even though I won't buy bottle...
by travellight
Sat Nov 19, 2016 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 109
Views: 9990

Re: Rules of Thumb: Max House Value as % of Net Worth?

p.s. My primary home is in California where Prop 13 keeps the property taxes in check.
by travellight
Sat Nov 19, 2016 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 109
Views: 9990

Re: Rules of Thumb: Max House Value as % of Net Worth?

^ hahaha, I meant the investment homes. Net worth with the pension is probably around 10 so I am hoping to not have to sell my two primary homes until my cats pass away as they can't possibly be moved. That may be at least ten years from now.
by travellight
Sat Nov 19, 2016 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 109
Views: 9990

Re: Rules of Thumb: Max House Value as % of Net Worth?

nycguy: I just divided your numbers by 4. 150k/4 is about 40k. 9 million divided by 4 is about 2.2 million which is about what my house is worth. Ny taxes are 12k per year, insurance is 1600, Repairs averaged out over the years are about 4000/year (my guess as a padded estimate). I am probably one o...
by travellight
Sat Nov 19, 2016 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 383
Views: 87819

Re: Share your networth progression

oh, my math was off, nycguy.... I looked at it again and real estate appreciation was only 1 million over the past 3 years. I guess my salary was a much bigger role than I realized. Hence, the savings rate and a good salary really plays a major role. You are right; it is 2 personal homes and 6 inves...
by travellight
Fri Nov 18, 2016 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 101765

Re: What's Your Credit Card Rewards Strategy?

^ very envious of your upcoming travels, RM! PM me if you have any questions about Japan.
by travellight
Fri Nov 18, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 383
Views: 87819

Re: Share your networth progression

^ interesting, nycguy.... I have achieved the same per year amount of progression (although I am behind you in net amount) for the past 4 years but mine is 10% salary and about 80+% real estate. I have about an 80% savings rate.
by travellight
Fri Nov 18, 2016 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 109
Views: 9990

Re: Rules of Thumb: Max House Value as % of Net Worth?

"Using the characteristics above, it would cost $150,000 to operate the $9 million of homes. "

I don't agree with this. By extrapolation, it would cost 40k per year to operate my home. My costs are about 18k/year; taxes/insurance/repairs/utilities.
by travellight
Fri Nov 18, 2016 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 101765

Re: What's Your Credit Card Rewards Strategy?

They are different systems. American has one of the more generous redemptions in frequent flyer miles programs. There is a big difference for me between business class and economy especially on international flights. Even a business class seat that doesn't fully recline is way better than an economy...
by travellight
Fri Nov 18, 2016 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 101765

Re: What's Your Credit Card Rewards Strategy?

just wanted to share my experience with the difference between two 100,000 miles/points redemptions: I flew to Japan last month and used 100k AA miles for two business class tickets going there one way. This turned out to be a lie flat seat that was equivalent to first class for the 13 hour flight t...
by travellight
Fri Nov 18, 2016 1:59 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1086
Views: 184607

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

7.2% ytd on equities. Only 3.2% in net worth.
by travellight
Fri Nov 18, 2016 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 383
Views: 87819

Re: Share your networth progression

[quote]by NYCguy » Wed Nov 16, 2016 7:29 pm

1993 age 28 -$80k student loan debt
1997 $0
1999 $100k
2002 $400k
2005 $1 million
2007 $2 million
2010 $5 million
2014 $10 million
2016 $12 million
/quote]

what do you attribute the million per year to? salary, real estate, or equities?
by travellight
Mon Nov 14, 2016 1:25 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2081
Views: 508644

Re: What Movie Have You Recently Watched?

I also really enjoyed The hunt for the wilderpeople. re if it is unboglehead to spring for seeing movies in the theater.... I have decided it is worth it and go one step further and splurge on the fancy theaters with plush recliner seats. It may cost $10 more but I look at it as flying first class i...
by travellight
Sat Oct 22, 2016 1:38 am
Forum: Personal Consumer Issues
Topic: Putting in a Word About Tea - brands, types, etc.
Replies: 72
Views: 5054

Re: Putting in a Word About Tea - brands, types, etc.

I like mighty leaf tea. Celebration is a unique flavor. My boglehead tea is Trader Joe's English Breakfast.
by travellight
Mon Oct 17, 2016 1:35 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2081
Views: 508644

Re: What Movie Have You Recently Watched?

Watched Mascot on Netflix and really enjoyed it. Done by Christopher Guest who I think did Best in show.
by travellight
Mon Oct 10, 2016 10:36 pm
Forum: Personal Consumer Issues
Topic: Aging and Spending
Replies: 54
Views: 9071

Re: Aging and Spending

"You know, we probably only have 12-15 more trips left in us - we should figure out our bucket lists." :eek:" wow, I am actually 2-4 years older than you two and am planning on at least 120-150 more trips! I think i will be traveling for another 25 years and plan on about 10 trips per...
by travellight
Sat Oct 08, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 898
Views: 101765

Re: What's Your Credit Card Rewards Strategy?

"I haven't looked into buying coach/economy and using awards for upgrades, but everyone says (yeah, that great savant, "everyone" :confused ) that's not a good use. Also, I think you need to purchase full fare economy, which usually isn't much "economy". And we wouldn't want...

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