Search found 588 matches

by Horsefly
Tue Jun 09, 2020 2:26 pm
Forum: Personal Consumer Issues
Topic: Zelle for money transfer
Replies: 44
Views: 2312

Re: Zelle for money transfer

I use Zelle to pay our housekeeper from my Ally checking account. It took a little effort to get her to understand how to set it up on her end (she speaks broken english), but once we got it set up it has been flawless. From the time I press the button to send the payment, she usually tells me that ...
by Horsefly
Tue May 05, 2020 1:51 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Membership Question [Considering to drop membership]
Replies: 136
Views: 9574

Re: Amazon Prime Membership Question

I've been a Prime subscriber for many years, and I happily consume all of the benefits. When the current crisis hit, my normal 1-day or 2-day delivery stopped being promised by Amazon. I get that. However, I will say that most of my deliveries actually arrive before what Amazon promised, which is us...
by Horsefly
Thu Apr 30, 2020 10:07 am
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 236
Views: 14503

Re: Coronavirus Flight Cancel Thread

On Monday I noticed that the flights we had on United had changed substantially: 7 hr later departure outbound, and 6.5 hr earlier departure on return. We were already considering cancelling the trip. On-line I was not given an option to cancel for refund, instead only having the option for future t...
by Horsefly
Sun Apr 19, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32591

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

Lee_WSP wrote:
Sun Apr 19, 2020 10:47 am
It seems obvious that the current price reflects a bet that the recovery will be V shaped. What happens if it turns out it's U shaped instead?
Or W shaped? :happy
by Horsefly
Sun Apr 19, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: How many paid for kids' college?
Replies: 282
Views: 14016

Re: How many paid for kids' college?

We funded both our daughters educations through their Masters degrees. Tuition and part of their housing we did with 529's, with the rest of their housing (above on-campus dorm rates) and monthly spending allowance for meals and gas coming out of our pocket. I think too many kids start out so far un...
by Horsefly
Thu Apr 02, 2020 6:03 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 236
Views: 14503

Re: Coronavirus Flight Cancel Thread

Slightly off-topic from the OP question, but related: We've got tix on United for 21-May (returning on 26-May) to a very small airport. Both directions are one a pretty small plane. We're almost certain to not want to go, so eventually we will cancel. I've heard that United won't refund if we cancel...
by Horsefly
Sat Mar 14, 2020 6:33 pm
Forum: Investing - Theory, News & General
Topic: So.... is this really "it"? Is this what we needed to mentally prepare for?
Replies: 158
Views: 14405

Re: So.... is this really "it"? Is this what we needed to mentally prepare for?

Seems like the OP asked "was this all?! Seems like nothin!" Several people have pointed that that this particular event is very unlikely to be over yet, and that the OP should continue to wait to see how it feels once it is really over. It seems like the OP has tried a bit to pick a fight or belittl...
by Horsefly
Sat Mar 14, 2020 10:10 am
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 236
Views: 14503

Re: Coronavirus Flight Cancel Thread

1. We successfully canceled non-refundable round-trip Denver to Miami this week. 2. United Airlines 3. Per United's new policy, they gave us value of the tickets that we can use for another trip as long as it is within a year of when we bought the original tickets, which means we have to use this va...
by Horsefly
Thu Mar 12, 2020 10:35 pm
Forum: Investing - Theory, News & General
Topic: How is this pandemic different than 2008?
Replies: 137
Views: 7505

Re: How is this pandemic different than 2008?

So, with all due respect, this thread seems to have wandered badly from the original question: How is this pandemic different from 2008? I guess it's good that I didn't notice the thread 'til now. I lived through 1987, 2001, and 2008, and stayed "all in" through them all. I will say, it seems like t...
by Horsefly
Wed Mar 11, 2020 11:56 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 903503

Re: What's Your Credit Card Rewards Strategy?

You can have more than 1 Freedom card and so can your spouse. I'm not interested in doing this (KISS principle again) but am curious --- this is a new concept for me. So I have a Freedom card in my name, and I go to Chase and say "I'd like to apply for a Freedom card" ?? I'm not challenging you her...
by Horsefly
Sun Mar 08, 2020 7:02 pm
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21676

Re: Okay, now when you do buy back in?

.... My goal now is to convert my kids (24 and 21) to BH. They think I am a boring investor. I have learned here that it is the biggest compliment I can get as an investor :-) My two kids (28 and 25) seem to have very different views of my advice. The younger one seems to be very BH-like: Low cost,...
by Horsefly
Sun Mar 08, 2020 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Savings Account
Replies: 16
Views: 1239

Re: Trust Savings Account

Although I love Ally and our Trust savings & checking accounts there, there is one really annoying thing with them: You can't turn off paper statements. I have paper statements turned off for everything else: utilities, credit cards, credit union, investments, cell phone, etc. Ally just won't do it ...
by Horsefly
Sun Mar 08, 2020 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Trust Savings Account
Replies: 16
Views: 1239

Re: Trust Savings Account

As others have suggested, go to Ally Bank.

Our main checking and savings accounts are under our Trust name. When we moved from Wells Fargo to Ally, it was pretty painless. They initially got the wrong name for the trust, but after I let them know they got it fixed the next day.
by Horsefly
Sat Mar 07, 2020 7:58 pm
Forum: Personal Investments
Topic: Is it Possible to Opt-out of Fidelity Premium Services?
Replies: 17
Views: 1969

Re: Is it Possible to Opt-out of Fidelity Premium Services?

I personally think the OP is overreacting. I've been Fidelity Private Client for something over 10 years now. I'm no the third VP/Advisor assigned to me, but this one has been there for over 5 years. He called me one-time, and that was just to introduce himself as the replacement for the previous. H...
by Horsefly
Sat Mar 07, 2020 11:59 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 903503

Re: What's Your Credit Card Rewards Strategy?

"Anyone with the Chase system care to comment, is it limiting to book travel through their system?" I've done so a few times and found it hit-or-miss: sometimes I find the same flight or hotel in and out of the portal to be about the same cost, and book via the portal when it is. Others I find it m...
by Horsefly
Wed Feb 26, 2020 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Cell phone usage in Europe
Replies: 27
Views: 1658

Re: Cell phone usage in Europe

AT&T International coverage is way to expensive. I've used my unlocked phone (AT&T family plan) in many countries. I stop in the airport, buy a pre-paid SIM card, had them install it, and I'm good. I think all of the ones I've gotten have included 10's of GB of data and free calls to the US (to a li...
by Horsefly
Mon Feb 24, 2020 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Does Biomedical Engineering School Matter?
Replies: 94
Views: 6367

Re: Does Biomedical Engineering School Matter?

I don’t know what the job prospects for somebody with a bachelors degree in biomedical engineering look like. Are there any? Or is an advanced degree needed to get a good job on that field? BME is a graduate program at most institutions. That seems appropriate to me. It should be an advanced degree...
by Horsefly
Mon Feb 24, 2020 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Does Biomedical Engineering School Matter?
Replies: 94
Views: 6367

Re: Does Biomedical Engineering School Matter?

I'm a retired electrical engineer, and my youngest daughter got a Masters in Biomedical Engineering from Cal Poly, which I think is a good school, but not the top tier the OP is talking about. I agree with what some others have said in this thread, that internships, summer jobs, extra curriculars, a...
by Horsefly
Mon Feb 24, 2020 4:16 pm
Forum: Investing - Theory, News & General
Topic: Fidelity [website issues Feb 24 2020]
Replies: 46
Views: 2608

Re: Fidelity fumble? Investors unable to access brokerage accounts as stocks fall

Why would this leave you irate? Unless you are day trading, you have little reason to log in to see your current account balances at this exact second. Most if not all of the brokerages are experiencing record high traffic over the last few days and their systems may struggle to account for all the...
by Horsefly
Mon Feb 24, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: Fidelity [website issues Feb 24 2020]
Replies: 46
Views: 2608

Re: Fidelity

I have about a dozen accounts at Fidelity. Trying to login on the web, I only see a deferred annuity. This is of course the account I care the least about.

I just checked the app on my phone, and everything shows up there.
by Horsefly
Sat Feb 22, 2020 7:32 pm
Forum: Personal Investments
Topic: Roth Conversions - income levels/tax % levels - is there a cutoff rule?
Replies: 20
Views: 1861

Re: Roth Conversions - income levels/tax % levels - is there a cutoff rule?

For my (our) personal circumstances, the "sweet spot" (cutoff) is to stay below $170k in taxable income. This is intended to accomplish two things: (1) Keep us in the 22% bracket (MFJ), and (2) avoid the IRMAA penalty for medicare (based on MAGI two years prior, on a rolling basis). I totally agree...
by Horsefly
Wed Feb 19, 2020 7:38 pm
Forum: Personal Investments
Topic: Fidelity Privacy Concerns
Replies: 19
Views: 2483

Re: Fidelity Privacy Concerns

To the OP: This is much ado about nothing. You realize that when you call in to talk to Fidelity they can see all your accounts, right? If the Fidelity reps - either the advisor who spoke to or any customer service rep you call on the phone - can't see you accounts, how do they help you? I think you...
by Horsefly
Mon Feb 17, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Pay1040.Com Question (Pay Tax With Credit Card)
Replies: 9
Views: 663

Re: Pay1040.Com Question (Pay Tax With Credit Card)

I'm still without an answer to my original question: If I select the option to pay my final taxes due for 2019, because there is no more 1040-ES option for 2019, will it function the same way as if it was an estimated tax payment? In other words, lets say I made 4 estimated payments on the proper d...
by Horsefly
Mon Feb 17, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Pay1040.Com Question (Pay Tax With Credit Card)
Replies: 9
Views: 663

Re: Pay1040.Com Question (Pay Tax With Credit Card)

There are three ways to pay your taxes via credit card, and Pay1040.com is the cheapest one:

https://www.irs.gov/payments/pay-your-t ... redit-card

You can also set up a direct debit from your bank account.
by Horsefly
Tue Feb 11, 2020 7:19 pm
Forum: Investing - Theory, News & General
Topic: Motley Fool,,,am I right about this?
Replies: 35
Views: 6370

Re: Motley Fool,,,am I right about this?

Some years ago (of note, before I found BH), I subscribed briefly to their Stock Advisor package. That let me see several of their recommendations that they didn't publish openly. The way they sold it was that it was the best picks that were available. However, within a week or two of starting the s...
by Horsefly
Sat Feb 08, 2020 6:57 pm
Forum: Personal Consumer Issues
Topic: What do you/did you spend your bonus on?
Replies: 103
Views: 8051

Re: What do you/did you spend your bonus on?

Before I retired in 2013, I got two bonuses every year. One was a normal performance bonus (reward for the company doing well), and the other was a long-term incentive bonus (reward for not quitting). My general rule was to use one for our family vacation, and the other went into taxable investments.
by Horsefly
Thu Feb 06, 2020 8:53 am
Forum: Personal Finance (Not Investing)
Topic: JPM Chase Reserve Card gets more expensive
Replies: 464
Views: 41188

Re: JPM Chase Reserve Card gets more expensive

Costco card has 3% back on travel. Since they introduced that, I am more ambivalent about the Chase card. I valued Priority Pass at 159 so I kept in last Ictobsr. Not sure I will keep it at 250. All other benefits seem to be covered by Costco card which is free How does the travel insurance on the ...
by Horsefly
Wed Feb 05, 2020 2:07 pm
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1087
Views: 121738

Re: [Fidelity Health Savings Account Mega-Thread]

engineerbme wrote:
Wed Feb 05, 2020 12:57 pm
does Fidelity have such a form I'm guessing?
https://www.fidelity.com/customer-servi ... fer-assets
by Horsefly
Mon Feb 03, 2020 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 701
Views: 79845

Re: Fidelity free Turbotax

The variability here sounds like the problem may be the "human in the loop", i.e. the PCG rep. I wonder if maybe what is required is for the PCG rep to go through the list and enable / disable free TurboTax. To me that sounds crazy, that someone managing that many customer $$ would waste time like t...
by Horsefly
Mon Feb 03, 2020 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Pension Question
Replies: 16
Views: 1592

Re: Penison Question

When we retired in 2013, there were three separate components to my pension. The two smallest portions were not available as lump-sum, but only as non-inflation adjusted monthly checks. I took the 100% joint & survivor option, so if I die my wife continues to receive the checks. The largest portion ...
by Horsefly
Mon Feb 03, 2020 11:28 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 903503

Re: What's Your Credit Card Rewards Strategy?

By getting the Chase Business UR card with 100K UR points promo bonus, does that make you ineligible to get any promo bonus on a PERSONAL Chase UR card for the next 4 years? Do those business cards now count towards 5/24? Sign-up bonus on the business cards does not affect any personal card applica...
by Horsefly
Sat Feb 01, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Retiree Portfolio Model
Replies: 894
Views: 297602

Re: Retiree Portfolio Model

Count me as one who got 100's of cells showing "#NAME" errors on MS Office 2007.

I moved over to Libre Office 6.2, and so far all seems fine.
by Horsefly
Sat Feb 01, 2020 12:20 am
Forum: Personal Consumer Issues
Topic: What's the difference between Uber and Lyft?
Replies: 63
Views: 5338

Re: What's the difference between Uber and Lyft?

My millennial daughters tell me that Uber is immoral, and I should always use Lyft. Since I only need a ride a few times a year, I'm OK with going with what my daughters say without research. Your mileage may vary.
by Horsefly
Fri Jan 31, 2020 6:34 pm
Forum: Personal Investments
Topic: No Bonds? Late 30s, early 40s?
Replies: 61
Views: 5955

Re: No Bonds? Late 30s, early 40s?

I'm retired, age 61 now, retired at age 55. Started investing when I graduated college in 1980 (remember the old Value Line Funds? :shock: ). Until I retired, I don't think my bond holdings ever got about 5%; Probably was closer to 0% most of the time. I didn't really see the use of it. Yeah, they t...
by Horsefly
Fri Jan 31, 2020 4:42 pm
Forum: Personal Consumer Issues
Topic: When to Change Car Battery?
Replies: 120
Views: 8796

Re: When to Change Car Battery?

If your wife is comfortable using a portable jump starter battery than that may be a good excuse to buy one. I got mine from Costco. They hold a charge for many, many months. So, if the battery does fail to start the car you have a backup. +1 I bought one of these little guys a while back when my H...
by Horsefly
Fri Jan 31, 2020 9:54 am
Forum: Personal Consumer Issues
Topic: paying cleaning lady
Replies: 49
Views: 4958

Re: paying cleaning lady

TomatoTomahto wrote:
Fri Jan 31, 2020 7:54 am
I use Vendio to pay my cleaners. When we moved into the house, a mother & daughter gave the house a deep clean. I pay them well, and do not give a holiday bonus.
Do you really mean Vendio, or do you mean Venmo? I don't see how Vendio plays here.
by Horsefly
Thu Jan 30, 2020 11:35 pm
Forum: Personal Consumer Issues
Topic: When do you replace water heater?
Replies: 29
Views: 2416

Re: When do you replace water heater?

We bought our home in 1997, and as far as we can tell the water heater was the original when the house was built in 1989. There was a slow degradation, as we saw more rust falling off the bottom of the heater and (finally) leaks from the bottom. This was a natural gas water heater. We were going to ...
by Horsefly
Thu Jan 30, 2020 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Is roth conversion worth it in all cases?
Replies: 87
Views: 9012

Re: Is roth conversion worth it in all cases?

Ok, so you don't have an opinion on other items, or they have no impact on you. I guess I'd like to hear others (not excluding you, but trying to widen the conversation some). I would assume that I'm not alone here, but here is some of my thoughts (I don't care to talk specific numbers). My situatio...
by Horsefly
Thu Jan 30, 2020 7:35 pm
Forum: Personal Consumer Issues
Topic: paying cleaning lady
Replies: 49
Views: 4958

Re: paying cleaning lady

jumppilot wrote:
Thu Jan 30, 2020 7:32 pm
... Our cleaning man...
Well played!
:sharebeer
by Horsefly
Thu Jan 30, 2020 7:30 pm
Forum: Personal Consumer Issues
Topic: paying cleaning lady
Replies: 49
Views: 4958

Re: paying cleaning lady

Does this thread strike anyone else as sexist? I thought that when I saw it, but decided to let it go. I prefer the term housekeeper . We had a housekeeper until she retired, and we are now about to ask one that was recommended to us to come and give us an estimate. I am not in favor of asking her ...
by Horsefly
Thu Jan 30, 2020 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is roth conversion worth it in all cases?
Replies: 87
Views: 9012

Re: Is roth conversion worth it in all cases?

For a message board that seems to celebrate the reduction on an expense ratio from 0.1% to 0.09%, I have a hard time understanding why tax savings isn't also celebrated. If your mutual fund had said, if you pay sales charge now , we will reduce your expense ratio in future [ * ], would you go for i...
by Horsefly
Thu Jan 30, 2020 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 903503

Re: What's Your Credit Card Rewards Strategy?

Does anyone have a good credit card to recommend for dining out expenses? cash back OR points? American Express GOLD is a great card for Dining and Groceries. $25k Limit in Grocery/Restaurants expenses a year. 4 Points for each. Most of my Amex Points I get a 1.5% value when I transfer to airline p...
by Horsefly
Thu Jan 30, 2020 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Is roth conversion worth it in all cases?
Replies: 87
Views: 9012

Re: Is roth conversion worth it in all cases?

I'm surprised that nowhere in this thread has anyone mentioned the SECURE act, which is now law. If you have heirs and there is a significant probability they will be inheriting much from you, it seems like the SECURE act has added some reason to convert from traditional to Roth. The DW and I have a...
by Horsefly
Wed Jan 29, 2020 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4663
Views: 903503

Re: What's Your Credit Card Rewards Strategy?

This summer I will have the chase sapphire reserve for 4 years and I am under 5/24. This means I get the opportunity to cancel and renew for the 50k sign on bonus. I wonder how long I should wait between canceling and renewing? Or I can cancel and get the chase sapphire preferred, get the higher bo...
by Horsefly
Wed Jan 29, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: [Fidelity Health Savings Account Mega-Thread]
Replies: 1087
Views: 121738

Re: [Fidelity Health Savings Account Mega-Thread]

I inquired with Fidelity about individual HSA accounts ~4 years ago. At the time, their response was we only offer employer sponsored plans through Fidelity. I left it at that and invested my HSA funds in my employer sponsored HSA (PayFlex) plan with fee$. Fast forward, now you can open an individu...
by Horsefly
Tue Jan 28, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Signing bonus not on W2
Replies: 25
Views: 2389

Re: Signing bonus not on W2

This seems pretty remarkable. The OP started a new job in 2019, and received a $10K signing bonus. He then left before the end of 2019, and no one is wanting the signing bonus back. Wow.
by Horsefly
Mon Jan 27, 2020 8:02 pm
Forum: Personal Consumer Issues
Topic: Cars for kids upon college graduation
Replies: 48
Views: 3073

Re: Cars for kids upon college graduation

I'm intending on buying a car for my kids when they're legally able to drive alone, just so that they can get some practice - driving is very dangerous. If I were going to give them something after graduating college, I'd give them money rather than a car so that they can choose their own trade-off...
by Horsefly
Mon Jan 27, 2020 6:52 pm
Forum: Personal Consumer Issues
Topic: Cars for kids upon college graduation
Replies: 48
Views: 3073

Re: Cars for kids upon college graduation

Our kids have gotten "hand me down cars" to use at some point before college graduation. Then at graduation, we gift them the 13 to 15 year-old vehicle with 200K+ miles on it that they have been driving by filling out a form from the DMV and transferring the title. We don't care if the child sells ...
by Horsefly
Mon Jan 27, 2020 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity to Wells Transfer for Better Mortgage Rate
Replies: 20
Views: 1520

Re: Fidelity to Wells Transfer for Better Mortgage Rate

Ok, I need to provide a tone-down to my previous comments. I was not aware of the difference between WellsTrade and Wells Fargo Advisors, so I apologize. My experience was obviously with Advisors, so although my comments still apply to Wells Fargo Advisors (and Wells Fargo in general), with no exper...
by Horsefly
Mon Jan 27, 2020 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity to Wells Transfer for Better Mortgage Rate
Replies: 20
Views: 1520

Re: Fidelity to Wells Transfer for Better Mortgage Rate

... Wells Trade is literally the worst brokerage I can imagine. ... Very interesting because I have pretty much the opposite experience over more than the past 10 years of using WellsTrade. Same here. Of all the lenders I came across, Wells Fargo was the easiest and most efficient to deal with by f...