Search found 2068 matches

by Da5id
Thu Feb 21, 2019 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

Hi there- I've finally wrapped my head around some of this credit card rewards stuff. I've read extensively about the Chase and Amex trifecta/quadfecta. I think the rewards for Chase work best for me. And I think I have an understanding of how you can pool the ultimate rewards onto the CSR and then...
by Da5id
Wed Feb 20, 2019 12:04 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 63
Views: 7524

Re: Girlfriend's Financial Advisor Recommendations...

OK, than it's currently outperforming the S&P as well. I'm not sure what index it tracks, but it's top holdings are all large-cap companies. No one's arguing its expense, nor do I own it, but to call a fund that's been outperforming the market for this long terrible doesn't make all that much sense...
by Da5id
Mon Feb 18, 2019 11:11 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 63
Views: 7524

Re: Girlfriend's Financial Advisor Recommendations...

Although the fees are high, I wouldn't say these are "terrible funds." SBLGX has consistently beaten the S&P for the last 10 years. Yes, but this is 20/20 hindsight. If index funds beat 80% of actively managed funds, then I can find funds that have outperformed index funds in the remaining 20%. But...
by Da5id
Thu Feb 14, 2019 5:07 pm
Forum: Personal Investments
Topic: Girlfriend's Financial Advisor Recommendations...
Replies: 63
Views: 7524

Re: Girlfriend's Financial Advisor Recommendations...

Best to stay out of the discussion since she wants to stay with an advisor who guides her to funds that pay him well. If she asks for your opinion give it. Has she asked? Because while the funds are terrible, it is her money. There is no need for an advisor in general, and her case is particularly ...
by Da5id
Thu Feb 14, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

If you fly business class number 2 and number 3 will be taken care of. There’s very short line at the business/premier, my husband got a kick out when they waved us through and addressed him as sir. I don't ever fly business class. And have gotten Global Entry for me and my two kids using different...
by Da5id
Thu Feb 14, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

I never pay for these huge fees, $450 a year. No way. I don’t manufacture spending. I’m very careful about those $95 per year fee. I only open credit card when I know I’m going to spend something. Otherwise everything goes to my cash rebate card like Costco. I agree with being cautious about fees a...
by Da5id
Thu Feb 14, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

You should always consider what it costs to purchase your points. All of this is discounted travel, not free travel. The only free lunch is manufactured spend which results in a net positive cash return. And those opportunities are few and far between. I generally do, and I keep records. Was just s...
by Da5id
Thu Feb 14, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

Sometimes the costs of using rewards add up more than I’d expect. Example: I’m taking the kids to Kauai in July. I had been to the Grand Hyatt there before for brunch, and really loved the place. So I figured I’d see if we could spend 3 nights. But the cost! The “member rate” is $504/night. Plus $35...
by Da5id
Sun Feb 03, 2019 8:57 am
Forum: Investing - Theory, News & General
Topic: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]
Replies: 72
Views: 6130

Re: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]

arcticpineapplecorp. wrote:
Sat Feb 02, 2019 11:27 pm
Don't get what he's saying.
Vanguard eating my lunch. Vanguard bad. Is that a good summary?
by Da5id
Sat Feb 02, 2019 11:18 am
Forum: Investing - Theory, News & General
Topic: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]
Replies: 72
Views: 6130

Re: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]

As a number have said above, the proof is in the actual returns. If there were hidden costs, presumably VBTLX would lag its target benchmark by some large multiple of its expense ratio. It doesn't. That suggests those hidden costs aren't there, no? A total bond fund is not a good proxy for all the ...
by Da5id
Fri Feb 01, 2019 10:35 pm
Forum: Investing - Theory, News & General
Topic: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]
Replies: 72
Views: 6130

Re: The dark side of Bond Funds ?

It's true that the expense ratio does not include bid-ask spreads. That's another reason why you should favor low turnover funds like index funds. The article mentions Vanguard Total Bond Market Index Fund in particular. Cosmo As a number have said above, the proof is in the actual returns. If ther...
by Da5id
Fri Feb 01, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving TaxAct, can't use FreeTaxUSA, any suggestions
Replies: 12
Views: 923

Re: Leaving TaxAct, can't use FreeTaxUSA, any suggestions

Church Lady wrote:
Fri Feb 01, 2019 12:27 pm
Hopefully others will chime in with their experiences with K-1 income and rental income. Is your K-1 income from a PTP?
Thanks. Nope, not publicaly traded.
by Da5id
Fri Feb 01, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Retired applying for credit cards
Replies: 23
Views: 2367

Re: Retired applying for credit cards

As a followup, I applied for and got World of Hyatt Chase Visa a few weeks back (wanted Hyatt points upcoming trip). Specified by income as combination of K-1 income + current interest/dividends from all accounts (retirement and taxable). They gave me the card with a lowish ($5900) limit, but did ha...
by Da5id
Fri Feb 01, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Leaving TaxAct, can't use FreeTaxUSA, any suggestions
Replies: 12
Views: 923

Re: Leaving TaxAct, can't use FreeTaxUSA, any suggestions

HRBlock Deluxe download will meet your need as well. Federal plus 1 state is about $20. Since I e-file NY and NY does not allow one to charge for e-filing, the total cost is about $20, but if you get the 5% rebate bonus on refund, then total cost could be negative. That's right: You could get paid ...
by Da5id
Fri Feb 01, 2019 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Leaving TaxAct, can't use FreeTaxUSA, any suggestions
Replies: 12
Views: 923

Re: Leaving TaxAct, can't use FreeTaxUSA, any suggestions

Silk McCue wrote:
Fri Feb 01, 2019 9:16 am
Turbotax Deluxe will meet your need. Premier is not needed.

Cheers
I had the impression that for K-1 Real Estate you needed Premier. Looking at it more, you need Premier if using online version but any download/CD version will work, so thanks!
by Da5id
Fri Feb 01, 2019 9:17 am
Forum: Investing - Theory, News & General
Topic: [Seeking Alpha: The Dark Side Of John Bogle's Legacy]
Replies: 72
Views: 6130

Re: The Dark Side Of John Bogle's Legacy - Seeking Alpha

Huh, wouldn't this extremely expensive hidden cost show up as a big tracking error vs the target index? If you have a look here: https://institutional.vanguard.com/VGApp/iip/site/institutional/investments/performance?fundId=0584 It seems that the gap between the fund and the target index performance...
by Da5id
Fri Feb 01, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Leaving TaxAct, can't use FreeTaxUSA, any suggestions
Replies: 12
Views: 923

Leaving TaxAct, can't use FreeTaxUSA, any suggestions

I had been a TaxAct user the last few years. Their escalating pricing has made me look at alternatives, and I had settled on FreeTaxUSA. But looking at it, I hit one of their "not supported" cases: Tax for children with more than $2,100 in investment income (Form 8615) I'd rather use a product that ...
by Da5id
Fri Jan 25, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 17
Views: 1024

Re: Quicken alternatives?

My quicken data (and usage) goes back to 1996. Just not losing the history of my data is enough for them to keep me. I think it's cool that I actually know exactly what my IRR portfolio return has been for my entire working career, for example. If i migrated to a new system, that history is just no...
by Da5id
Fri Jan 25, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 17
Views: 1024

Re: Quicken alternatives?

Strayshot wrote:
Fri Jan 25, 2019 8:16 am
There are many threads in the forum on this, at the top right of your browser screen there is a search bar try typing in “quicken” and start browsing through them.
I did this first, was just looking for any updated opinions from people. Things change out there
by Da5id
Thu Jan 24, 2019 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 17
Views: 1024

Re: Quicken alternatives?

I use the MS Money Sunset edition, it is free and downloads all my data. Me too. Looking at the Microsoft site, it doesn't list Windows 10 as supported. Is it? Something I read elsewhere said it didn't do stock quotes and such. If not, how would it be better than me just sticking with Quicken 2016 ...
by Da5id
Thu Jan 24, 2019 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 17
Views: 1024

Re: Quicken alternatives?

I was unexcited about the annual subscription too, until I was honest to myself about why they did it. They're 2nd to none, and they know it. I'd recommend paying up. Was 2016 the first time you used quicken? If not, and you bought versions before that, then why the issue with the annual subscripti...
by Da5id
Thu Jan 24, 2019 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 17
Views: 1024

Quicken alternatives?

My Windows Quicken 2016 will go "end of life" in April 2019. Meaning no downloads of stock prices, no downloads of credit card info. I'm unexcited about the annual subscription cost/model, it doesn't seem worth it for my use case. My initial plan is to live with the disabled online functionality and...
by Da5id
Sun Nov 25, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Best tax software for me
Replies: 4
Views: 682

Best tax software for me

Every year I need to file Federal, state of residence (Massachusetts), and an additional state (NY, out of state taxes due for a LLC based there) returns for myself. I also often have to file Federal for my two kids. Any thoughts on the best tax software for me/us? I'm not currently working, though ...
by Da5id
Sun Nov 25, 2018 8:09 am
Forum: US Chapters
Topic: Master Thread for Metro Boston's Chapter
Replies: 384
Views: 90677

Re: Master Thread for Metro Boston's Chapter

Please add me as well.
by Da5id
Fri Oct 26, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 108820

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

To put what I said differently, I believe if you are against international investing you may be saying the following: 1) US equities will have a greater return than international equities, at least over the near and medium time frame 2) Point 1 can be knowable with a reasonable degree of confidence ...
by Da5id
Fri Oct 26, 2018 8:14 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 147
Views: 17077

Re: Total Bond Market Fund - interest rates rising!

that bond returns will probably be depressed for a similar time. Define "depressed"? Total Bond yield is now 2.73%, higher than it's been in ten years. Yes, it's not 4 or 5%. But it's not .5% either. Perhaps lower expectations are in order. Stocks are for risk and return, better to chase performanc...
by Da5id
Fri Oct 26, 2018 6:56 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 108820

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

In terms of the future... I think the poor performance of ex-US will continue. Nothing changed - same problems. No reason for the next couple of decades or so to be any different than what we've seen in the past. Poor returns and high volatility. For the US... I think it will continue to do better ...
by Da5id
Thu Oct 25, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 108820

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

In terms of the future... I think the poor performance of ex-US will continue. Nothing changed - same problems. No reason for the next couple of decades or so to be any different than what we've seen in the past. Poor returns and high volatility. For the US... I think it will continue to do better ...
by Da5id
Mon Oct 22, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

Though many would say a buyback is a better choice for those who don't want to receive income from an equity/mutual fund in a taxable account. And buybacks seem to be favored these days, e.g. https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/charts/2018/06/1528127140_0604_buybacks_...
by Da5id
Mon Oct 22, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

Though many would say a buyback is a better choice for those who don't want to receive income from an equity/mutual fund in a taxable account. And buybacks seem to be favored these days, e.g. https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/charts/2018/06/1528127140_0604_buybacks_...
by Da5id
Mon Oct 22, 2018 12:39 pm
Forum: Personal Consumer Issues
Topic: What to do with >$1000 in Amazon credits?
Replies: 57
Views: 5282

Re: What to do with >$1000 in Amazon credits?

Few other ideas for small purchases: Shoes (for brands where you know the size) Household/bathroom supplies Clothing (things you know you like, not being able to try on is a pain) Electronics Phone when it needs replacement Pretty much whatever you may buy, check amazon first if the $1000 is burning...
by Da5id
Mon Oct 22, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 629
Views: 67325

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

OK, I plead blindness and lack of caffeine. Or something. You guys are of course correct. That is what I get for being off bogleheads for a while, I'd totally have done this offer.
by Da5id
Mon Oct 22, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 629
Views: 67325

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I clicked on the link on the first page of this thread, and it says the offer is over. "The Cash Bonus offer enrollment has ended, but here at Ally Bank we’re always committed to getting you the money you deserve" FYI. From the first post in the thread; Enrollment Period – The timeframe in which a ...
by Da5id
Mon Oct 22, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 629
Views: 67325

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I clicked on the link on the first page of this thread, and it says the offer is over.

"The Cash Bonus offer enrollment has ended, but here at Ally Bank we’re always committed to getting you the money you deserve"

FYI.
by Da5id
Mon Oct 22, 2018 12:06 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

True, except that a dollar in somebody else's hands is possibly worth less to a person than a dollar in her own hands. If Warren Buffett would rather obtain a dividend and invest it as he chooses, given his track record, that makes perfect sense. If Coke can't profitably use all its excess cash wit...
by Da5id
Mon Oct 22, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

Unless you are somehow in control over what investments your ETF or mutual fund makes, then it forces you to lower your ownership of that particular dividend paying stock. It indeed does force it upon you, whether you view it as positive or negative. You can't make up facts to support your position...
by Da5id
Sun Oct 21, 2018 6:36 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

Nobody has brought up that dividends can reduce the risk of owning a particular stock. If shares are owned within a fund, those reinvested dividends get spread across all other stocks in the fund, proportionally, including those of companies that pay no dividends. If owned individually, the owner c...
by Da5id
Sun Oct 21, 2018 8:03 am
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

I fail to see how owning more shares doesn't equate to more potential for growth/loss. Perhaps because you are thinking about future gains in dollars per share rather than in percentages. The example quoted in the post you replied to shows this well: extra shares after receiving and reinvesting a d...
by Da5id
Sat Oct 20, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

I'm baffled. Perhaps we aren't communicating. I agree it is exactly the same amount of money either way. The company is distributing money to its shareholders, and the new values of your shares + the cash you get is the same as the old value. However you own more of the company if you reinvest divi...
by Da5id
Sat Oct 20, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: Help me understand dividends
Replies: 146
Views: 13468

Re: Help me understand dividends

It seems to me that there is an inappropriate concentration of attention on the moment of distribution versus the long-term impact. Yes, admittedly and without contention, the net dollar-value effect of a distribution of dividends at the time of distribution is essentially zero. However, if one can...
by Da5id
Thu Oct 18, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retired applying for credit cards
Replies: 23
Views: 2367

Re: Retired applying for credit cards

Thanks for the feedback, much appreciated. When I find a card that seems useful I'll give it a whirl. Just was a little confused on the whole "income" thing.
by Da5id
Wed Oct 17, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Retired applying for credit cards
Replies: 23
Views: 2367

Retired applying for credit cards

I was (happily) laid off some months back and am currently in the "could comfortably afford to be retired if I want to" position. I'm enjoying myself and keeping busy, if I get bored/antsy I may go look for work. That said, I haven't applied for any credit cards while without a job. I enjoy playing ...
by Da5id
Fri Oct 12, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Does Fidelity offer the best index products for a passive investor compared to Vanguard
Replies: 61
Views: 6484

Re: Does Fidelity offer the best index products for a passive investor compared to Vanguard

Call me skeptical, as I am doubtful Fidelity index products will deliver same overall cost / benefit value compared to Vanguard over time. The key aspect here is we have to consider it holistically from all angles possible and not just tiny differences in ER. Time will tell. In either case, we tend...
by Da5id
Wed Oct 10, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Very few junk phone calls in Spain?
Replies: 14
Views: 754

Re: Very few junk phone calls in Spain?

That's not quite it - the difference is that in the rest of the world, one doesn't use any minutes or credit for incoming calls, texts etc., ONLY for outgoing calls. In the US, you use minutes for BOTH incoming and outgoing calls. So it's just an extra cost in the US. I guess. But unlimited talk an...
by Da5id
Wed Oct 10, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Very few junk phone calls in Spain?
Replies: 14
Views: 754

Re: Very few junk phone calls in Spain?

Most I get are presumably VoIP originated spam with fake caller ids. The faked caller ids make it hard to filter them out. Perhaps different countries have different phone regulation regimes which make it easier or harder for voice-over-ip originated spam to get into the telephone network on which y...
by Da5id
Wed Oct 10, 2018 12:44 pm
Forum: Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 48
Views: 4962

Re: anybody sell I Bonds to buy something else?

I'm considering it. I have about 24K of them. As a percentage of portfolio, not particularly relevant. So the inflation protection aspect isn't really all that significant. Feels murky to me whether they are worthwhile, particularly with 0.0% and 0.1% fixed rate. Thinking life might be simpler witho...
by Da5id
Tue Oct 02, 2018 10:59 am
Forum: Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7698

Re: Bonds... Why do people bother with them. ?

( ) Higher returns over the long haul historically ( ) Less volatility Pick one. And if you choose option 1, make sure you can handle bad cases emotionally and (if approaching or in retirement) unfortunate sequence of returns. If all your money is for retirement, and your source of income is secure,...
by Da5id
Sat Sep 29, 2018 10:50 am
Forum: Personal Investments
Topic: Buying I-Bonds
Replies: 11
Views: 1390

Re: Buying I-Bonds

Got to say, this is really small potatoes though for the hassle of dealing with treasury direct. I'm thinking of bagging my ibonds. Consider that your $10000 investment (max per social security number) currently is yielding 2.53%. So that is $253 interest. Not saying that avoiding tax on it may be w...
by Da5id
Fri May 25, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

Note that they are slightly degrading value of Chase Sapphire Reserve. Got an email today listing some new benefits (mostly uninteresting), but also that: 1) No longer get 3% on first $300 of travel (i.e. the reimbursed travel credit spending doesn't get you 3%) 2) No more price protection 3) Priori...
by Da5id
Wed May 23, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3365
Views: 635405

Re: What's Your Credit Card Rewards Strategy?

My credit card rewards strategy does not work. My son's: "Dad, you save money by not spending. " does. My inlaws: "Going broke saving money" is so true. Credit cards rewards is like picking up pennies in front of stream rollers. I learned my lesson with Fidelity 2% cash back card as well with Bank ...