Search found 111 matches

by fittan
Fri Aug 10, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage....risk?
Replies: 14
Views: 1084

Paying off mortgage....risk?

Ok...I know we've beaten this horse to death a thousand times already but please bear with me. I know there are many pros and cons on whether to pay off entire mortgage if one can afford. One cons (or risk) that is at the back of my mind is "what happens in a worse case, total lost event that is not...
by fittan
Fri Aug 10, 2018 10:11 am
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 2685

Re: SPG rewards....sucks?

thanks to everyone that replied....I think I have a better understanding now. It does take some "homework" to squeeze out the best redemption value. The points required for a particular hotel doesn't change with demand/season. For example a category 5 in NY cost 14K points. If the market rate is $14...
by fittan
Thu Aug 09, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 2685

Re: SPG rewards....sucks?

argghhhhh....i really cannot stand it any more! I just found a hotel I like with good value. For example, Sheraton Brooklyn, market rate is $370 and it cost only 10K points (awesome!) but when I click on it....it shows all the options to pay EXCEPT there is no option to pay with points.
by fittan
Wed Aug 08, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Too much cash, need help in how to proper allocate it
Replies: 5
Views: 554

Re: Too much cash, need help in how to proper allocate it

I would consider iBond too. It's a 10K max anyway...I believe it is about 2.5% interest now. One pro is the tax advantages. You don't need to pay state and local tax and federal tax is deferred. Beyond that I would just invest in stock market (i.e some index fund) and make sure proper allocation. Pr...
by fittan
Wed Aug 08, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: SPG rewards....sucks?
Replies: 24
Views: 2685

SPG rewards....sucks?

Apologize in advance as it is a bit of a rant....everyone is talking about how valuable SPG rewards are (i.e. 2.7 cent per point). But when I try to redeem my 30K points, I feel that all the planets have to align before I find a hotel that I want. My first issue is with the "value" of the rewards. A...
by fittan
Fri Jul 20, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Reevaluating mortgage payoff strategy
Replies: 63
Views: 6065

Re: Reevaluating mortgage payoff strategy

With a 15 year, you've already "accelerated" your mortgage payoff (compared to 30 year norm), so why "accelerate" the "accelerated"?

As other have advised, invest the money...
by fittan
Wed Jun 27, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: those with whole home generators: who installed it?
Replies: 28
Views: 1928

Re: those with whole home generators: who installed it?

hi here's my experience....I don't know your house size and power requirement so things may be a bit different. So this is just an overview. 1) Calculate your power requirement and which appliances you want on the generator. 2) Get a transfer switch from amazon https://www.amazon.com/Reliance-Corpor...
by fittan
Wed Jun 27, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: those with whole home generators: who installed it?
Replies: 28
Views: 1928

Re: those with whole home generators: who installed it?

what the possibility of complete black out? 0.001%. Now need of whole house generator. A portable inverter Honda generator, a couple of south facing solar panels should be enough. what is the possibility of being disabled or dead in accident? 0.00000001%. I guess none of us need to buy insurance. T...
by fittan
Mon Apr 30, 2018 9:09 pm
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 79
Views: 7028

Re: If you really like the CR-V, you should check out the [_____]

you should check out the .......

...engine oil dilution problem

viewtopic.php?t=244271
by fittan
Mon Apr 16, 2018 1:41 pm
Forum: Personal Consumer Issues
Topic: defensive home buying
Replies: 13
Views: 2533

Re: defensive home buying

2 things I would add... First, improve your credit score in the meantime. Make sure you're in the top tier (i.e. 800+). This will make sure you'll get the absolutely lowest rate when obtaining mortgage. A few percentage point could cost tens of thousands over 15 or 30 years. Second is to only buy wh...
by fittan
Wed Mar 28, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 34
Views: 3313

Re: New 2019 RAV4 is now out - looks good

Is the bright orange trim in the interior an option, or all the models will have that? It's the main thing I don't like about the interior. Ya....those orange stitching kind of bothers me too. Ok for a 20 year who wants to go fast and furious but for older folks, will probably get sick of it after ...
by fittan
Wed Mar 28, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 34
Views: 3313

Re: New 2019 RAV4 is now out - looks good

jebmke wrote:
Wed Mar 28, 2018 10:42 am
I have a 2008 RAV4 with the swing-out rear hatch (and spare mounted outside) instead of the flip up. I plan to hold onto it as long as possible.
That's my car too! One of the "best" financial decisions I made. 135K and going strong.
by fittan
Wed Mar 28, 2018 10:31 am
Forum: Personal Consumer Issues
Topic: New 2019 RAV4 is now out - looks good
Replies: 34
Views: 3313

Re: New 2019 RAV4 is now out - looks good

not bad....love the new CRV but the oil dilution problem could be a big problem.
by fittan
Wed Mar 28, 2018 10:11 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 21189

A lot of heavy hitters this morning

Love this board but can't help to feel disconnected this morning when the first 3 posts are something like: 1) I will be making $350K, should I save for my kid's 529? 2) Should I buy a $1.2 million condo? My inlaws just gave me $235K. 3) I got a $600K windfall...should I pay off mortgage? Feeling a ...
by fittan
Wed Mar 28, 2018 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 9079

Re: Should we save for our son's college?

Yes...start saving for your kid now. There's a lot of IFs but the "risk" for saving outweighs the "risk" for not. Besides you get tax advantages and deduction, what's not to like. Besides we're not talking big money. Use this calculator https://www.savingforcollege.com/calculators/college-savings-ca...
by fittan
Wed Mar 28, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: 401k plan fees
Replies: 4
Views: 719

Re: 401k plan fees

Thanks everyone....chart from HappySteward is helpful. Glad to know this is "normal". Come to think of it....in the past the fund selections all have "high" expense ratio (i.e. averaging 0.8%). This year they included several Vanguard fund. I immediately sell all the funds and go 100% into Vanguard ...
by fittan
Tue Mar 27, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: 401k plan fees
Replies: 4
Views: 719

401k plan fees

Hi, my company uses Paychex which handles our pay (obviously), 401K, FSA, etc. I just realized that Paychex deducts 2 fees monthly. One is "plan administrative fee" and the other "advisor fee". Both adds up to be $65/month. My 401k balance is about $230K, so these fees are about 0.3%. My question is...
by fittan
Tue Mar 06, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Do I really need umbrella insurance?
Replies: 21
Views: 1715

Re: Do I really need umbrella insurance?

You should...yes your risk profile is very low BUT all it takes is for one at fault accident resulting in injury, disability or death. If the person you injured/killed is in the prime of his/life, don't you think their lawyer would come after your 2 million? As someone else had posted, the reason fo...
by fittan
Mon Mar 05, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: New Kid Expenses
Replies: 31
Views: 2506

Re: New Kid Expenses

If you haven't, get a term life insurance for both yourself and wife. A 15 to 20 year term should suffice. For both policy, expect to pay about $700/year.

In case anything happens to you, at least your wife and child don't have to worry about house payment or immediate expenses etc.
by fittan
Thu Jan 25, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: Remotely power cycle devices?
Replies: 3
Views: 399

Remotely power cycle devices?

Hi all, what would you suggest to remotely power cycle some IT devices (e.g. printer, appleTV, routers). I am looking for something simple that plugs into the power strip, connects to WIFI and ideally is cloud-based. I manages several remote offices and it would be useful to remotely restart somethi...
by fittan
Wed Jan 17, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 3134

Re: House water detection and alert system?

Thanks to all your replies....great info as always. There are so many solutions and everyone's need/risk is different. I would like to say that this is like buying insurance....you will never get 100% coverage. It is all about acceptable risk. Following is what I've summarized for myself thus far. G...
by fittan
Tue Jan 16, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 3134

Re: House water detection and alert system?

Hi, I live in the northeast where the risk of pipe burst is a real concern. I have seen and heard others who has their whole house flooded. Are there technologies/products out there that will alert me whenever water is detected? I know there are $10 water sensor I can get from HomeDepot, but that d...
by fittan
Fri Jan 12, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 3134

Re: House water detection and alert system?

My house has a product called Water Cop. It features a main shutoff valve that is controlled by remote sensors that send a signal if they sense any water on the floor. The remotes are located at every possible water source. Bathrooms, sinks, ice maker, washer dishwasher. It wouldn't protect against...
by fittan
Wed Jan 10, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 3134

Re: House water detection and alert system?

hmmm this looks interesting...no need for hub. $40 each. Sends email alerts. Has anyone tried this product before?

https://smile.amazon.com/Zircon-Leak-Al ... ctor+alarm
by fittan
Wed Jan 10, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 3134

Re: House water detection and alert system?

Good video thanks. I am interested with the automatic shutoff valve (4:15 into the video). Simple device that seems to work. However I couldn't find it on amazon or homedepot. Any idea where I can find this valve?
by fittan
Wed Jan 10, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: House water detection and alert system?
Replies: 41
Views: 3134

House water detection and alert system?

Hi, I live in the northeast where the risk of pipe burst is a real concern. I have seen and heard others who has their whole house flooded. Are there technologies/products out there that will alert me whenever water is detected? I know there are $10 water sensor I can get from HomeDepot, but that do...
by fittan
Tue Jan 09, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 66
Views: 5069

Re: Men's no iron dress shirt recommendations

Banana republic for me. Each dress shirt list price is about $80 each. But they run so many promotions that you can get them for around $35 (fair price). When I am at store I would look at the clearance section and sometimes you can get one for $15+. Once you know your size and fit (Camden or Grant)...
by fittan
Fri Dec 15, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 9372

Re: New Honda CRV is MotorTrend's SUV of the year

Leesbro63 wrote:
Fri Dec 15, 2017 11:01 am
Isn't one main point of getting an all wheel drive SUV the fact that you shouldn't have to futz with snow tires?
of course not....AWD just gives you traction to start moving. It won't help you stop.
by fittan
Wed Dec 13, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Prices paid for 2018 Honda Odyssey EX-L
Replies: 10
Views: 2083

Re: Prices paid for 2018 Honda Odyssey EX-L

not to be rude...by why are you even looking at msrp? aren't we supposed to start at invoice?
by fittan
Tue Dec 12, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Canceling credit card and using rewards later?
Replies: 2
Views: 377

Re: Canceling credit card and using rewards later?

Thanks Jag. I still have about $300 worth of points and I intend to use all of them (maybe 2 nights of hotel somewhere in June). So I won't forfeit any points.
by fittan
Tue Dec 12, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Canceling credit card and using rewards later?
Replies: 2
Views: 377

Canceling credit card and using rewards later?

Hi, my Chase sapphire credit card is approaching 1 year and I intend to cancel before fee kicks in January. I still have some points remaining. Is it possible for me to book a hotel room few months down the road (say June)? Meaning it is possible for the hotel to "cancel" the reservation after I can...
by fittan
Mon Dec 11, 2017 4:21 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 24887

Re: Do people still use AAA?

Thanks to everyone who replied. I just signed up for the basic membership.

Surprisingly, it is only $52 (for both myself and wife). In the past, wife would be an additional 30+ and you also need to pay a one time fee to join. Since it is only $52 (used to be $90), the decision is quite simple.
by fittan
Wed Dec 06, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 24887

Re: Do people still use AAA?

Few months ago, I got stranded on the highway. Called Chase road side assistance. They got my info and hand it off to tow truck provider. Waited for 2 hours and when I called back, the service was cancelled without any explanation. Chase gave the "there's nothing we can do" reply and I was fuming. ...
by fittan
Wed Dec 06, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 24887

Do people still use AAA?

I cancelled AAA few years ago and instead added "emergency road service" to Geico. The savings is quite signficant. AAA costs about $56/year while Geico only $4.80. And if my credit card provides this service for free, I will even drop Geico. Few months ago, I got stranded on the highway. Called Cha...
by fittan
Fri Oct 27, 2017 11:42 am
Forum: Personal Consumer Issues
Topic: Any FL residents with a dash-cam?
Replies: 13
Views: 2092

Re: Any FL residents with a dash-cam?

moneywise3 wrote:
Fri Oct 27, 2017 10:20 am
What is the use for a dash cam?
here's why https://www.youtube.com/watch?v=uMpPGD8uGfI
by fittan
Wed Oct 11, 2017 12:40 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 9210

Re: Which Streaming Service/Live TV?

any reason why you don't use a rabbit ear? Stick it on the wall, connect to your TV HDMI port and you'll have High def local channels for free. https://smile.amazon.com/Vansky-Amplified-Detachable-PowerSupply-Performance/dp/B01FUB4ZG8/ref=sr_1_3?s=electronics&ie=UTF8&qid=1507743510&sr=1-3&keywords=t...
by fittan
Tue Oct 10, 2017 9:38 am
Forum: Personal Consumer Issues
Topic: Lg refrigerator vs Samsung refrigerator.
Replies: 37
Views: 15364

Re: Lg refrigerator vs Samsung refrigerator.

I have a Samsung side by side that was purchased in 2009. No problem thus far.
by fittan
Tue Oct 10, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: My Son is buying a 2017 Toyota RAV 4
Replies: 28
Views: 3839

Re: My Son is buying a 2017 Toyota RAV 4

I would select option 2. First and foremost, I would take the cash rebate. The total interest you end up paying after 5 year is $1868. So total cost is $24K + $1868. Deduct this from $27K, the rebate option will save you $1132. One question I have for you....who will be the loan under? I assume your...
by fittan
Mon Oct 09, 2017 4:14 pm
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 7523

Re: Is there boglehead consensus on buying a car?

Of course there is! I think it is as follows :) 1) Buy a 2 to 3 year old Toyota or Honda. About 30K miles. Since it is still under warranty, you're unlikely to be "buying someone else problem". 2) You will save on the destination charge. I think it is about $700 when buying new. 3) You will save on ...
by fittan
Fri Oct 06, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: 45% Down Payment vs. High Mortgage (Massachuestts)
Replies: 17
Views: 2076

Re: 45% Down Payment vs. High Mortgage (Massachuestts)

I think the consensus so far is 1) lower your 401K to just the $18K limit and 2) $200K is not a realistic budget to buy a house in greater boston. here's what I suggest: 1) lower your 401K to $18k max. 2) contribute to a traditional IRA using the extra. 3) keep saving up cash 4) build up your credit...
by fittan
Thu Oct 05, 2017 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: 45% Down Payment vs. High Mortgage (Massachuestts)
Replies: 17
Views: 2076

Re: 45% Down Payment vs. High Mortgage (Massachuestts)

why are you saving so much into 401k? Isn't the limit $18K/year?
by fittan
Thu Sep 28, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Home security advice
Replies: 15
Views: 1991

Re: Home security advice

I really like Nest camera. I installed one on my front door and gets alerted (via email and iphone notifications) whenever there is motion and/or sound. On top of that, if you want video history, it's $10/month. In addition, I would recommend a motion sensor below...One is solar powered and the othe...
by fittan
Thu Sep 21, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Credit card recurring payment
Replies: 11
Views: 737

Credit card recurring payment

Hi, assuming I setup a recurring payment for my credit card every month. Then prior to auto payment date I manually login and pay off statement balance. Will it deduct from my checking account again on the preset date? Meaning will it deduct twice or will system know that balance is zero and skip th...
by fittan
Fri Sep 08, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 63309

Re: Equifax says info stolen. What's my best course of action?

I just reviewed my credit report using https://www.annualcreditreport.com (you get 1 free report a year). Made sure everything is clean and then put a freeze at all 3 agencies. It cost $5 each. After you put the freeze, do remember to save your PIN as you'll need it to unlock. I would also save the ...
by fittan
Tue Aug 08, 2017 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Twins on the way = Life insurance questions
Replies: 22
Views: 1550

Re: Twins on the way = Life insurance questions

Congrats on your twins! I would go with 20 year term. Term insurance is a cost effective "bet" to protect your family while you're most vulnerable (i.e. when your kids are small). When your kids are 20 years old, they would be independent and that "risk" (i.e. you or spouse dying) goes down signific...
by fittan
Tue Jul 18, 2017 12:48 pm
Forum: Personal Consumer Issues
Topic: Roadside assistance: insurance vs. Visa CC
Replies: 8
Views: 1242

Re: Roadside assistance: insurance vs. Visa CC

I dropped it from my insurance and used the visa coverage. In many cases, both use the same company for road side assistance. Recently I called in twice to jump start 2 vehicles, one is geico and the other chase sapphire and the tech that showed up is the same guy.