Search found 1913 matches

by BogleMelon
Wed Aug 14, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Net-worth rule of thumb for house purchase?
Replies: 123
Views: 5810

Re: Net-worth rule of thumb for house purchase?

OP, The net worth excluding the house should be 2.5 times or greater than the house's price. KlangFool Thanks for sharing. I know you are quite conservative when it comes to home ownership. I don't agree, but to each his own. :sharebeer This number allows a person to take a 50% stock market drop an...
by BogleMelon
Wed Aug 14, 2019 9:11 pm
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 4844

Re: Is this 25% savings?

Person A is 170 pounds. Person B is 340 pounds Person A weighs 50% of person B (20% discount) Person B weighs 100% of person A (25% pay more) Wouldn’t Person B actually weigh 200% of Person A, or 100% MORE THAN Person A? Weighing 100% of Person A would mean they weigh the same amount. Also, Person ...
by BogleMelon
Wed Aug 14, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11661
Views: 2008541

Re: U.S. stocks in free fall

DOW is going for 1,000 points drop. I sure wish the news media would start using percentages. 500 pt drop when the dow is at 25000 is much different from when it was 10k. God bless the fearmongering media! And start talking about the S&P instead of the DJIA. I remember the first time I learned abou...
by BogleMelon
Wed Aug 14, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs. Buy - Running the numbers, what am I missing?
Replies: 55
Views: 3567

Re: Rent vs. Buy - Running the numbers, what am I missing?

There are a couple of decent calculators out there. I personally prefer this one: https://www.realtor.com/mortgage/tools/rent-or-buy-calculator/ But so many people here prefer that one: https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html Whatever calculator you use, I think the ...
by BogleMelon
Wed Aug 14, 2019 10:20 am
Forum: Personal Consumer Issues
Topic: Is this 25% savings?
Replies: 67
Views: 4844

Re: Is this 25% savings?

When we say "Discount", the denominator becomes the old higher price. When we say "Pay more" the denominator becomes the lower price. 160 is 20% of 200 paying 200 instead of 160 means paying 25% more It depends on what is the initial point we are comparing to. Since the initial point in the Ad here ...
by BogleMelon
Mon Aug 12, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Checking credit card statements
Replies: 52
Views: 2688

Re: Checking credit card statements

I check my purchases every day practically. I use budgeting software (like Mint or YNAB) and my credit card charges pop in either within the hour of the charge (most of my cards), or at most a day or two (one card is super slow) after. What budgeting software do you use? I use YNAB and it feels lik...
by BogleMelon
Fri Aug 09, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Cloud Backup solutions for 2019?
Replies: 21
Views: 1015

Re: Cloud Backup solutions for 2019?

I use Arq and back up concurrently to a local external HDD and a remote Backblaze B2 bucket. This page on the Arq web site compares and walks through some of the options. https://www.arqbackup.com/documentation/pages/strategy.html Some of the cloud services have complicated pricing schemes. B2 is v...
by BogleMelon
Fri Aug 09, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: Cloud Backup solutions for 2019?
Replies: 21
Views: 1015

Cloud Backup solutions for 2019?

I know this has been discussed before, but I don't see a post that is dated 2019. New players entered the market (eg: Wasabi) and new ones dropped their unlimited cheap cloud drives (Eg: Amazon Cloud drive). On the other side, other standalone backup players are getting more popular (Backblaze), and...
by BogleMelon
Wed Aug 07, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 2566

Re: Upgrading a PC, am I spending too much in too little time?

FWIW the SSD does NOT have to be the same size as the HDD you are cloning. The cloning software now is smart enough to clone based on the amount of data on the HDD (if it is less than the size of the target SSD). I have done it. Copy photos, videos, music, games. etc, all the sort of stuff you woul...
by BogleMelon
Tue Aug 06, 2019 10:33 pm
Forum: Forum Issues and Administration
Topic: Can you tag a member in a post?
Replies: 5
Views: 1576

Re: Can you tag a member in a post?

sawhorse wrote:
Tue Aug 06, 2019 10:25 pm
There are sometimes threads where I know another member can add valuable insight to the topic. Is there a way to "tag" them in a post in order to bring the thread to their attention?
I may be wrong, but this could work:
openbracket quote=username][/quote closebracket
by BogleMelon
Tue Aug 06, 2019 10:30 pm
Forum: Personal Investments
Topic: Vanguard customer service
Replies: 44
Views: 2209

Re: Vanguard Customer Service Recently

I moved from Vanguard to Fidelity. I actually liked Vanguard website more. Less cluttered to me. If I were you I would move the fund electronically (trustee to trustee) transfer and avoid involving any humans as well as avoid involving taking the money and resend it to another firm. Had you miss a c...
by BogleMelon
Tue Aug 06, 2019 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Subrogation due to accident
Replies: 27
Views: 3168

Re: Subrogation due to accident

OP Update: I called my insurance company yesterday afternoon and filed a claim with them. They called me mid day today and said they had looked at the car and agreed it was totaled. They then gave me an offer to settle. It was exactly what I thought it should have been in the first place (It was 20...
by BogleMelon
Tue Aug 06, 2019 5:39 pm
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 2566

Re: Upgrading a PC, am I spending too much in too little time?

For those who ask about the rest of the specs:
- Intel Core i5 4670
- Gigabyte Z87-HD3 (Updated bios to F8 version)
- DDR3 Ram. 16GB as mentioned above
The rest was already mentioned.
by BogleMelon
Tue Aug 06, 2019 5:21 pm
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 2566

Re: Upgrading a PC, am I spending too much in too little time?

nguy44 wrote:
Tue Aug 06, 2019 4:48 pm

2. $150 for a 1TB SSD seems high, Amazon has it for $139 (free shipping of prime)
Thank you. I got it for that price indeed. I needed a mount, then paid taxes.
I was about to buy Crucial but the reviews on their customer service if warranty was needed wasn't so encouraging.
by BogleMelon
Tue Aug 06, 2019 5:17 pm
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 2566

Re: Upgrading a PC, am I spending too much in too little time?

OP, I have no idea why you spend all those extra money on upgrading an old computer. Did you calculate how much it costs to buy a new computer instead? It seems like you had spent too much upgrading your old computer. KlangFool Let me see.. I spent so far around $270 to upgrade it. Now I have a sem...
by BogleMelon
Tue Aug 06, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Upgrading a PC, am I spending too much in too little time?
Replies: 35
Views: 2566

Upgrading a PC, am I spending too much in too little time?

I have just ordered a Samsung EVO SSD 1 Terabyte for my 7 years old desktop. Before that, I got a new power supply ($80-ish) and anther 8GB ram ($35) (now the total is 16 GB ram) I do games, and one day that used to be a gaming machine. Not anymore due to my outdated graphic card (Nvidia GTX 660 - 2...
by BogleMelon
Tue Aug 06, 2019 3:13 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 114
Views: 10409

Re: Amazon Prime - Value?

Everyone here is talking about "Delivery in 2 days", but according to Amazon: FREE Two-Day Delivery Over 100 million items that arrive two business days after they ship https://www.amazon.com/b?ie=UTF8&node=15247183011 If you order Friday night, they may ship Monday night, and you may get your order...
by BogleMelon
Wed Jul 31, 2019 10:57 am
Forum: Personal Investments
Topic: Fidelity ZERO funds now available via BrokerageLink
Replies: 20
Views: 1712

Re: Fidelity ZERO funds now available via BrokerageLink

The fees for the other fidelity index funds are almost negligible. I am a bit concerned about the indexes these zero funds follow and possible tracking error in the future. Plus fidelity is a profit motivated firm and I wonder what future surprises these funds will hold? The tracking error could be...
by BogleMelon
Tue Jul 30, 2019 7:50 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2096

Re: Please help with vacation locations

Watty wrote:
Tue Jul 30, 2019 7:48 pm
It would help to know what part of the country your live in since there may be some things that will fit in your budget from there.
NJ
I have been already to some NYC attractions, and couple of DC places
by BogleMelon
Tue Jul 30, 2019 6:25 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2096

Re: Please help with vacation locations

If you want something adventurous, enjoy hiking, and are in good shape, the western half of Colorado has some beautiful mountains worth exploring. This would easily fit your annual $2000 to $4500 budget, as the activities are almost all free; you just need lodging, a rental car, and food. Some of m...
by BogleMelon
Tue Jul 30, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2096

Re: Please help with vacation locations

Disney without kids? Why? A friend sworn by it (he has kids, but insists it is a lot of fun for anyone, especially the shows) Disney is not relaxing and offers little to no adventure. Expect high heat, high cost and big crowds and long lines. Thanks! Will research and consider national parks.
by BogleMelon
Tue Jul 30, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2096

Re: Please help with vacation locations

RollTide31457 wrote:
Tue Jul 30, 2019 1:12 pm
Alabama!
What's in Alabama?
by BogleMelon
Tue Jul 30, 2019 1:09 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2096

Re: Please help with vacation locations

Jack FFR1846 wrote:
Tue Jul 30, 2019 1:01 pm
Disney without kids? Why?
A friend sworn by it (he has kids, but insists it is a lot of fun for anyone, especially the shows)
by BogleMelon
Tue Jul 30, 2019 12:54 pm
Forum: Personal Consumer Issues
Topic: Please help with vacation locations
Replies: 45
Views: 2096

Please help with vacation locations

So finally our finances and life are relatively on track. We are US citizens for about a year now and would like to spend around $2K to $4.5K annually for vacationing. We are 40 yrs couple, don't have children, so children only places could be crossed out. We like moderate adventures, but not crazy ...
by BogleMelon
Tue Jul 30, 2019 12:37 pm
Forum: Personal Consumer Issues
Topic: What's your Uber passenger rating?
Replies: 118
Views: 6017

Re: What's your Uber passenger rating?

I rarely use uber, but mine is still 5.0 :D I once upset a driver in a developed country because I fasten my seatbelt in the front seat (yes, passengers are expected to ride in the front seat at that country) while he was thinking "it is too crowded and short distant, and if everyone did that, the b...
by BogleMelon
Mon Jul 29, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Betterment or Wealthfront savings?
Replies: 18
Views: 1184

Re: Betterment or Wealthfront savings?

I finally decided to bank with a bank and invest with a broker. If I need more juice for my money, I chase the bank accounts offers or the credit card offers.
by BogleMelon
Mon Jul 29, 2019 12:05 pm
Forum: Investing - Theory, News & General
Topic: Need cash, pause 401k contributions or contribute->401k loan
Replies: 18
Views: 984

Re: Need cash, stop 401k contributions or contribute->401k loan

I am in a similar situation. Here is my own approach: - I decided to contribute enough to my 401K and wife's 457b to reduce our tax bracket to 12% instead of 22%. That would still make us on track with our retirement plan. (My 401K would be maxed out anyway, but not the 457b) - I would still be maxi...
by BogleMelon
Sun Jul 28, 2019 10:42 pm
Forum: Forum Issues and Administration
Topic: Bogleheads in other languages?
Replies: 12
Views: 839

Re: Bogleheads in other languages?

The problem is that many of the good ideas, e.g., low cost index funds, buy and hold, etc., we have here are not applicable to people in China. But can help native Chinese people who live in US. I can contribute if ever that idea came to light. But not the Chinese language. I speak another language.
by BogleMelon
Fri Jul 26, 2019 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1191

Re: NJ state paychecks for the fiscal 2019 is flawed!

To further clarify the last two fiscal years started or stopped on a weekend day, thus 260 work days in the year - divisor of 26 This fiscal year has a leap day next feb, 262 work days this fiscal year - divisor 26.2, but most years the divisor is 26.1 If you will divide my annual salary by 26.2, t...
by BogleMelon
Fri Jul 26, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1191

Re: NJ state paychecks for the fiscal 2019 is flawed!

To further clarify the last two fiscal years started or stopped on a weekend day, thus 260 work days in the year - divisor of 26 This fiscal year has a leap day next feb, 262 work days this fiscal year - divisor 26.2, but most years the divisor is 26.1 If you will divide my annual salary by 26.2, t...
by BogleMelon
Fri Jul 26, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1191

Re: NJ state paychecks for the fiscal 2019 is flawed!

To further clarify the last two fiscal years started or stopped on a weekend day, thus 260 work days in the year - divisor of 26 This fiscal year has a leap day next feb, 262 work days this fiscal year - divisor 26.2, but most years the divisor is 26.1 If you will divide my annual salary by 26.2, t...
by BogleMelon
Fri Jul 26, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1191

Re: NJ state paychecks for the fiscal 2019 is flawed!

My wife is working for the state as a salaried employee. We noticed that starting July paycheck the gross amount is no longer $Annual salary/No. of Paystubs (26). It is specifically $Annual/26.2! We inquired about that and they responded: This fiscal year (7/01/1902-6/30/2020) has 262 days when the...
by BogleMelon
Fri Jul 26, 2019 9:41 am
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1191

NJ state paychecks for the fiscal 2019 is flawed!

My wife is working for the state as a salaried employee. We noticed that starting July paycheck the gross amount is no longer $Annual salary/No. of Paystubs (26). It is specifically $Annual/26.2! We inquired about that and they responded: This fiscal year (7/01/1902-6/30/2020) has 262 days when the ...
by BogleMelon
Fri Jul 26, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Selling A Car
Replies: 19
Views: 1526

Re: Selling A Car

I sold a car before using Facebook. I prefer Facebook because I can see the potential buyer's profile before meeting him and allowing him to drive my car. A guy/lady who has is a family man/woman and have kids is welcome to meet me and test drive. A guy with a punch of chains around his neck and a p...
by BogleMelon
Thu Jul 25, 2019 7:35 pm
Forum: Personal Consumer Issues
Topic: Be aware of Verizon!
Replies: 34
Views: 4349

Re: Be aware of Verizon!

OP, 1) You should complain to the Public Utility Commission instead. Verizon is a regulated Telecom company. They are subject to a penalty for any violation. 2) Cable companies are not a Telecom company. They are not regulated like the Telecom companies such as Verizon. 3) I have no idea what your ...
by BogleMelon
Thu Jul 25, 2019 7:04 pm
Forum: Personal Consumer Issues
Topic: Be aware of Verizon!
Replies: 34
Views: 4349

Re: Be aware of Verizon!

I see some of this interaction was by chat. Often there's an option to send yourself a transcript of the chat (even if not you can copy and paste from the browser). I always do this so that I have a written record. No, it's not a contract, but it's a heck of a lot better than "well some rep told me...
by BogleMelon
Thu Jul 25, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Be aware of Verizon!
Replies: 34
Views: 4349

Re: Be aware of Verizon!

Just to warn everyone from believing a promise made by a customer service representative over documentation that says otherwise. I have learned my lesson the hard way, and I don't want others to fall in the same trap. Especially if it is Verizon - I had Verizon Fios internet service for like 5 year...
by BogleMelon
Thu Jul 25, 2019 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 95
Views: 11588

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

with Vanguard federal money market VMFXX paying a 7-day SEC yeild of 2.26%, is this promotion really worth all the moving money around, setting up a new account, etc? Seems like a lot of work for not much more return. 1% over 3 months is equivalent to 4% APR. So you'll get 2.15% + 4% = 6.15% vs. a ...
by BogleMelon
Thu Jul 25, 2019 2:30 pm
Forum: Personal Investments
Topic: Who has the best (easiest) Donor Advised Fund
Replies: 57
Views: 2676

Re: Who has the best (easiest) Donor Advised Fund

Try Dayton Foundation. They have a charity checking account that has no cost and will accept stock or fund donation. They dispurse funds at your request. They also have an account that will invest your donation and follow your instructions for dispursement. This had an annual fee. Google Dayton Fou...
by BogleMelon
Thu Jul 25, 2019 1:02 pm
Forum: Personal Consumer Issues
Topic: Be aware of Verizon!
Replies: 34
Views: 4349

Re: Be aware of Verizon!

Jack FFR1846 wrote:
Thu Jul 25, 2019 12:59 pm
Nodding yes to everything but BBB. Verizon will call BBB and say "it's all resolved" and they'll mark it that way and their claim number will revert to zero. BBB is nothing but a sham.
I even didn't know that too.
by BogleMelon
Thu Jul 25, 2019 12:51 pm
Forum: Personal Consumer Issues
Topic: Be aware of Verizon!
Replies: 34
Views: 4349

Be aware of Verizon!

Just to warn everyone from believing a promise made by a customer service representative over documentation that says otherwise. I have learned my lesson the hard way, and I don't want others to fall in the same trap. Especially if it is Verizon - I had Verizon Fios internet service for like 5 years...
by BogleMelon
Tue Jul 23, 2019 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Business loan to relative
Replies: 33
Views: 1426

Re: Business loan to relative

Unless you are 100% OK to consider it a gift to him so he can buy whatever he wants with it, then do NOT lend him. I have personally a couple of stories: 1- An unemployed friend asked for a loan. I lent him and asked him not to worry about it till his financial situation is solid enough and he can r...
by BogleMelon
Tue Jul 23, 2019 7:22 am
Forum: Personal Consumer Issues
Topic: What companies provide the best customer service
Replies: 55
Views: 3332

Re: What companies provide the best customer service

Even Costco and Amazon is a hit or miss. I had bad experiences with them before!
I enjoyed Fidelity and Schwab customer services. Vanguard was nice as well, just not much knowledgeable, but treats you well.
by BogleMelon
Mon Jul 22, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 95
Views: 11588

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

I opened a joint account and start funding it through a pull transaction with no problem. I only figured out that it would take the bank 1 week to mark the money as "Available". This is not a problem for me as this is saving money and I wouldn't need to access it sooner, but for those who might wan...
by BogleMelon
Mon Jul 22, 2019 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 95
Views: 11588

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

I opened a joint account and start funding it through a pull transaction with no problem. I only figured out that it would take the bank 1 week to mark the money as "Available". This is not a problem for me as this is saving money and I wouldn't need to access it sooner, but for those who might want...
by BogleMelon
Sun Jul 21, 2019 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 95
Views: 11588

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

Not to hijack, but I got a mailer for a $500 bonus for opening a savings account with Wells Fargo in branch with at least $20k. I cannot find a mention of this promotion being mentioned anywhere on the entire internet...it's always for checking only. Thing nice about savings is no direct deposit re...
by BogleMelon
Fri Jul 19, 2019 11:16 pm
Forum: Personal Investments
Topic: where to put downpayment money?
Replies: 11
Views: 895

Re: where to put downpayment money?

Main reason for Roth 401k was tax free earnings growth. Until you're on track to have at least $2 million in tax-deferred accounts by around age 65, Roth 401k contributions don't make good sense. The reason is that you'll need about that much just to fill up the 15% bracket for a married filing joi...
by BogleMelon
Fri Jul 19, 2019 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Simple Bank - Bonus for New Funds in Individual and Protected Goals Account
Replies: 41
Views: 780

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

Not too late. Simple Bank Up To $500 Bonus Offer What you’ll get: Up to $500 in bonus money Where it’s available: Nationwide How to earn it: Earn a $250 bonus for each new Individual or Shared Protected Goals Account. Maximum $500 bonus. Open a new Protected Goals Account by 7/31/19 4:59 PM PT. Dep...
by BogleMelon
Thu Jul 18, 2019 3:38 pm
Forum: Personal Investments
Topic: Just sat through a wealth-management sales pitch.
Replies: 96
Views: 10098

Re: Just sat through a wealth-management sales pitch.

I just sat through 1-hour wealth-management sales presentation phone-call with a well-established 1% manager firm. It was a favor to a family friend whose daughter just started with that firm fresh out of college, and needed to meet a first month pitch quota. I provided my financial information in ...