Search found 2580 matches

by travellight
Thu May 25, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 81
Views: 9587

Re: Question for you high net worth individuals...

Long term buy and hold prime residential rental properties make up about 4.4M of my net worth. The properties I bought are low maintenance, I only rent to successful, responsible tenants, and I enjoy interacting with nice people. In my experience, the appreciation is safely leveraged with prime res...
by travellight
Thu May 25, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

I churn em and burn em. I have no loyalty to any credit card company. I've racked up over 3k in rewards so far this year and it's financing my trip to Europe this summer. I think i've been blacklisted for new cards but it was worth it. I doubt you've been blacklisted, you may just need to cool off ...
by travellight
Thu May 25, 2017 3:31 pm
Forum: Personal Consumer Issues
Topic: Help! Renters asking for radon mitigation--what do I need to do?
Replies: 18
Views: 1304

Re: Help! Renters asking for radon mitigation--what do I need to do?

I just went through this and have it retested. I found a company that did the test for free. I was certain it would come back as high or even higher because it was in their best interest to get the job but they actually reported that the levels were very low and it didn't need any work done. Bottom ...
by travellight
Sun May 21, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 81
Views: 9587

Re: Question for you high net worth individuals...

... In my experience, those that have been successful with generating wealth via real estate do it as an active job, not passive investment. Total agreement. Real estate takes active participation to be successful. It is like a second job. I completely disagree. It does not require active participa...
by travellight
Sun May 21, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

I've seen the Prestige mentioned. I was thinking of getting one. If I get the annual travel credit twice that is $500 and then you get $400/$500 in points ($500 if used for travel). AF is $450. Also lounge access and no foreign transaction fees. I already have Global Entry so that reimbursement doe...
by travellight
Sun May 21, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

I've seen the Prestige mentioned. I was thinking of getting one. If I get the annual travel credit twice that is $500 and then you get $400/$500 in points ($500 if used for travel). AF is $450. Also lounge access and no foreign transaction fees. I already have Global Entry so that reimbursement doe...
by travellight
Sun May 21, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

CSR is an amazing promotion, travellight, and, IMHO, a good one to keep. If you keep getting turned down because of too many card openings, and if you have enough points anyway to satisfy your travel needs for the next year or two, I might humbly suggest laying off churning for awhile so you can ge...
by travellight
Fri May 19, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

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 travellight
Thu May 18, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

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 travellight
Thu May 18, 2017 7:55 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12270

Re: For those with $500k-$1m in investments...

15% taxable. I thought I was an extreme outlier since I had no taxable till this year at age 55.
by travellight
Thu May 18, 2017 8:23 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

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 travellight
Wed May 17, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

Been at this for a number of years. Chase's 5/24 hurts but there are a few chase cards that does not fall under 5/24. Or you can try the branch pre approval process. They are: BA, Ritz, Marriot Biz. avoid paying any fee on Ritz by lower your limit to 1500. As for Amex you can get every card at leas...
by travellight
Tue May 16, 2017 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

for high churners who are well over Chase 5/24, etc.: What cards are you still able to get? This year, I have gotten: -Amex everyday card, no AF, 20k bonus points in January, no AF -B of A travel rewards, February, 20k bonus pts -my second Alaska airlines card, this one is business, March, 30k pts -...
by travellight
Sat May 13, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1332
Views: 225027

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

up 8.18% ytd.
16.79% in past 12 months.
10.27% since 12/31/08.

10% bonds, 34% balanced, 19% international, 36% large cap, 0.5% small cap.
by travellight
Sat May 13, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Price for brakes and rotors?
Replies: 73
Views: 2939

Re: Price for brakes and rotors?

It is an eye opener how many here do their own brakes. I paid $280 last month to replace all 4 brakes, brake oil, and polish drums. I don't think they did the rotors.
by travellight
Tue May 09, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: Can 8% rental income help my Early Retirement?
Replies: 35
Views: 3068

Re: Can 8% rental income help my Early Retirement?

Taking care of rental properties is a job. So my question would be: Why are you taking on a new job in order to retire from a job. If you wanted to stay in a job, likely the one you're currently in pays more than the rental gig per hour. Perhaps stay in your current job and put the money into a 50/...
by travellight
Thu Apr 27, 2017 12:13 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

Does anyone know how to get the amex business gold @ 75k rewards rather than 50k? When I pursued it, it says I am not eligible and that I can get it at 50k but I keep thinking if I can find the right pathway/link to get there...
by travellight
Mon Apr 24, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 159216

Re: Tesla S

I just ordered a new model S. I had a hard time picking a color and decided to go with pearl white with the white seats. I live in scal and prefer a car that won't retain heat. I had ordered a used tesla s but with the price reduction recently, it ended up being the same price to get the new one wi...
by travellight
Sun Apr 23, 2017 10:42 pm
Forum: Personal Consumer Issues
Topic: Becoming a homeowner/landlord in a college town?
Replies: 43
Views: 3843

Re: Becoming a homeowner/landlord in a college town?

I have done this and have had mixed experiences. It is not always awful. With undergrads, I prefer a two year lease to make it worth the effort. You can PM me if you want details. I do one year leases and they pay for the summers and manage that somehow.
by travellight
Sun Apr 23, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: Tesla S
Replies: 953
Views: 159216

Re: Tesla S

I just ordered a new model S. I had a hard time picking a color and decided to go with pearl white with the white seats. I live in scal and prefer a car that won't retain heat. I had ordered a used tesla s but with the price reduction recently, it ended up being the same price to get the new one wit...
by travellight
Sun Apr 16, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

I am reconsidering cards with American airlines rewards as they seem to have devalued their product greatly by severely limiting seats.
by travellight
Tue Apr 11, 2017 1:38 am
Forum: Personal Consumer Issues
Topic: Dream vacation spots?
Replies: 81
Views: 8375

Re: Dream vacation spots?

Top 2 on my bucket list left are: -African safari.... saving this for my 60th birthday, and -Galapagos. May do this next year for my birthday. small bucket list items coming up: -staying at the Sonoma mission inn doing the wine country in Sonoma/Napa -staying at the Plaza hotel in NY Some of the oth...
by travellight
Sat Apr 08, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 10846

Re: High Income earners, whats your Tax Strategy?

We own some real estate investments which can help. Although because it's a passive investment and because we make more than the minimum allowed, we can't deduct the tax losses every year from depreciation (and other general losses, though those we try to minimize). However they accumulate over tim...
by travellight
Fri Apr 07, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Wife wants to get into real-estate
Replies: 29
Views: 4799

Re: Wife wants to get into real-estate

Thanks for all the responses. My wife and I made the decision together that she will be a Realtor. She got her license and ready to start. We are mainly looking for advice in terms of how we can leverage her new role from a financial perspective. If it means buying and selling properties, do we nee...
by travellight
Thu Apr 06, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: High Income earners, whats your Tax Strategy?
Replies: 113
Views: 10846

Re: High Income earners, whats your Tax Strategy?

Which etfs in taxable? I am in vbr and ijs.
by travellight
Thu Apr 06, 2017 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Help with college choice
Replies: 125
Views: 5572

Re: Help with college choice

Another vote for Vandy, full tuition. I can afford to send my kid to any school (and he attends an Ivy that is over 70k per year) but I would have been sorely tempted with Vandy with full tuition scholarship. Vandy is a great school from all I hear and doing that for practically free is fantastic. I...
by travellight
Wed Apr 05, 2017 12:53 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

The prestige concierge has often gone the extra mile and called the hotel and let them know of the lower rate I found on a third party website and the hotel has usually matched and honored the lowest price. Unfortunately, this has not been my experience. One example (of many): I call Prestige to bo...
by travellight
Wed Apr 05, 2017 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?
Replies: 56
Views: 3508

Re: Does your employer let you cash out your Vacation and/or Sick time upon leaving the company?

I have to cash out vacation time each year when I exceed 90 days banked. I have exceeded it by a considerable amount the past few years and got large payments. I have to consider though that I pay 50% in taxes of this excess money so it is like I only got to take half of each vacation day so my goal...
by travellight
Tue Apr 04, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

just an fyi.... I like my citi prestige. I will renew it next month. I got back $900 last year due to the 4th night free hotel credit. It is even better than the CSR if used properly imo. (if you are someone who travels frequently with 4 night stays or more) I also have the Prestige also, but I hav...
by travellight
Tue Apr 04, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

At first, I was wondering why you'd chosen the Hyatt Regency in Maui over the (seemingly nicer) Andaz. Then I did an award search for the Andaz and couldn't find anything. For ANY dates during the year. So I did a Google search and found this article. https://thepointsguy.com/2016/05/andaz-maui-mak...
by travellight
Tue Apr 04, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: What career helped you become wealthy?
Replies: 75
Views: 9019

Re: What career helped you become wealthy?

OK, I'll nibble. Personally, at 70+, I have made it to 8 figures but still a long way from 9 figures. Surprisingly many of my childhood buddies seem to have done similarly. I also have a very small handful of friends from childhood who have made it to 9 figures and a couple even to 10 figures. What...
by travellight
Sat Mar 25, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have enough? How I realized yeah I do.
Replies: 75
Views: 12434

Re: Do you have enough? How I realized yeah I do.

I don't think I'll ever quit enjoying an update to my spreadsheets, but it's slowly dawning on me that I probably don't have to worry much about money (whether I will or not is to be determined). I compulsively update my net worth spreadsheet much more often than monthly, and it's been very depress...
by travellight
Sat Mar 25, 2017 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have enough? How I realized yeah I do.
Replies: 75
Views: 12434

Re: Do you have enough? How I realized yeah I do.

I didn't have one particular moment but I think it has gradually dawned on me with the calculations that we do here. I have to thank this place for that comfort.
by travellight
Thu Mar 23, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: 100% stocks w/pension?
Replies: 40
Views: 4455

Re: 100% stocks w/pension?

I am doing the same thing although I kept my bonds which is down to 10% and have 100% stocks going forward.
by travellight
Thu Mar 23, 2017 12:31 pm
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2378

Re: Kitchen island

TxAg wrote:Ours is 36" and I like it. 40" seems like overkill. We prefer as much Island space as possible.


ditto
by travellight
Wed Mar 22, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2378

Re: Kitchen island

Mine's a similar layout, however sink and stove locations are switched. Your 176" measurement is my 154". I have 36" between the sink and the island, 36" between the refrigerator and the island, 48" between the stove and the island. Do I find it cramped? No. Well, I take th...
by travellight
Wed Mar 22, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 5693

Re: Vehicles as a percentage of net worth

I am splurging this year and buying 2 cars. This will take me from 0.2% to 1.6% of NW.
by travellight
Wed Mar 22, 2017 9:44 am
Forum: Investing - Theory, News & General
Topic: Very basic undertanding of taxable and tax-advantaged accounts
Replies: 12
Views: 784

Re: Very basic undertanding of taxable and tax-advantaged accounts

Thanks, all -- I ordered the Boglehead's Guide to Retirement Planning from Amazon. Getting it tomorrow, free shipping -- amazing. Ought to buy Amaz-- :) Seriously, this is very helpful. So I guess two more things to ponder in the meantime: 1) The ROTH contribution limits ($6500) are lifted if I rol...
by travellight
Tue Mar 21, 2017 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1631
Views: 250810

Re: What's Your Credit Card Rewards Strategy?

Barefootgirl wrote:Most business cards don't count towards 5/24, but Capital One business cards do because they report them on your personal credit report.

Thank you Drew, seems like every general rule in this hobby, has an exception.....have a great day.


Drew is like having our own Points Guy.
by travellight
Tue Mar 21, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 196
Views: 16145

Re: Tesla Model 3 or Chevy Bolt?

I signed up for the Model 3 the very first day online. I was worried I might not get within the 200,000 to get the federal tax credit of $7500 so I just bought used Tesla S P85 last week which will help me get in the early wave of recipients. I recently looked at the Bolt and didn't like the aesthet...
by travellight
Mon Mar 20, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 169
Views: 15515

Re: "Millionaire Next Door" Net Worth Formula

Does his (the author's) definition of Net-Worth include primary-home equity? I believe there is one definition of net worth: all assets minus all liabilities. Someone with a paid off two million dollar house has a different net worth than someone who does not and would therefore pay rent for such a...
by travellight
Sun Mar 19, 2017 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6495

Re: Am I Addicted [to contribute to my taxable account]

Does anyone else find themselves constantly contributing to their taxable account? Besides my 403(b) and Roth IRA, I contribute all "spare" money to my taxable account (total stock market - vtsax). For example - I found $10 on the floor and sent it directly to vanguard. Am I addicted? Any...
by travellight
Sun Mar 19, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 169
Views: 15515

Re: "Millionaire Next Door" Net Worth Formula

To those who find this depressing, I propose a new formula. Instead of calculating expected net worth, we should use our actual net worth to back-calculate our expected financial age. Actual NW / 0.10 / Income = Expected Financial Age I'm apparently 13 years old. The fountain of youth! I am 111! De...
by travellight
Sun Mar 19, 2017 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6495

Re: Am I Addicted

No, I am the opposite. I wish I was more like you. I have a bit of analysis paralysis and have too much in cash for my liking.
by travellight
Sat Mar 18, 2017 4:47 pm
Forum: Investing - Theory, News & General
Topic: Investing in - WATER - thoughts
Replies: 57
Views: 4080

Re: Investing in - WATER - thoughts

knpstr wrote:I was expecting to hear you say you just finished watching "The Big Short" and are following Michael Burry.


ditto, that came to mind as well.
by travellight
Sat Mar 18, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2685
Views: 734472

Re: What Movie Have You Recently Watched?

Logan. I'm not an X-men guy, but this was good. Also saw Hacksaw Ridge. This was the only nominated movie I had not seen. For some reason, Mel Gibson maybe, SAG did not send this out as a screener to view. This was by far the best of the nominated movies. Andrew Garfield deserved best actor. Casey ...
by travellight
Sat Mar 18, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 169
Views: 15515

Re: "Millionaire Next Door" Net Worth Formula

It's a handy rule of thumb, that's for sure. I think it's been revised in The Millionaire Mind , though to: ENW = Age x 0.112 x Gross Income. A PAW (prodigious accumulator) is expected to have twice that value, while an under accumulator (UAW) would have half. The White Coat Investor on his website...
by travellight
Fri Mar 17, 2017 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 336
Views: 25128

Re: Picking College and College Scholarships

indyfish wrote:Any updates?


I suspect we won't know till 4/1 when the final schools notify.
by travellight
Fri Mar 17, 2017 11:40 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2685
Views: 734472

Re: What Movie Have You Recently Watched?

Logan. I'm not an X-men guy, but this was good. Also saw Hacksaw Ridge. This was the only nominated movie I had not seen. For some reason, Mel Gibson maybe, SAG did not send this out as a screener to view. This was by far the best of the nominated movies. Andrew Garfield deserved best actor. Casey ...
by travellight
Wed Mar 08, 2017 9:36 am
Forum: Personal Consumer Issues
Topic: Are Fiat Cars Junk?
Replies: 71
Views: 5417

Re: Are Fiat Cars Junk?

They have an amazing lease deal going on right now in my area on the Fiat 500e: $49/month with 2k down. Net cost is $3800 for 36 months and then just return it. It is under warranty the whole time so if there are issues, it may be a nuisance but should not be a significant cost. I can't find a bett...

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