Search found 865 matches

by fortfun
Sat Sep 22, 2018 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 31
Views: 3421

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

jeff1949 wrote:
Sat Sep 22, 2018 10:36 am
SeekingAPlan wrote:
Fri Sep 21, 2018 5:49 pm
Have you considered the Ally No Penalty 11 Month CD? It is currently paying 2.1%.
^THIS^ is what I do. Seems a no-brainer to me.
Me too.
by fortfun
Sat Sep 22, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: Best paint finish for garage?
Replies: 4
Views: 277

Re: Best paint finish for garage?

I'm remodeling my garage as the final phase of a major home remodel in SoCal. It requires structural work and is a major project :( What paint finish should we use? My contractor suggests flat paint...says semi gloss shows too much dirt. Is there any validity to these claims? Interior or exterior? ...
by fortfun
Sat Sep 22, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: Prepaid car maintenance -- Mazda -- HCOL
Replies: 7
Views: 438

Re: Prepaid car maintenance -- Mazda -- HCOL

Is paying $1100 for prepaid maintenance for the first 3-years on a new Mazda CX-5 in a HCOL a good deal? Dealership claims to be giving employee discount on maintenance schedule of like 28% off. Edmunds.com has maintenance for the first three years at $1097. But again not sure if this number applie...
by fortfun
Sat Sep 22, 2018 9:05 pm
Forum: Personal Consumer Issues
Topic: Seattle and (Victoria OR Vancouver) next week.
Replies: 9
Views: 286

Re: Seattle and (Victoria OR Vancouver) next week.

Here's what I'd recommend: 2/3 Nights in Seattle. Space Needle, Chihuly Glass, Museums, Pikes Place Market, etc. 2 Nights in Olympic National Park. We camped along the beach between beach #2 and #3. Tide pools are amazing. Still worth a visit, even with Hoh Valley closed. Ferry your vehicle to Victo...
by fortfun
Fri Sep 21, 2018 9:05 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 984

Re: Is there any difference? (Re-balancing AA)

... To me, buy and hold means to buy a portfolio and hold it, adding to, drawing from, and maintaining it as necessary. It does not mean something as simplistic and literal as never exchange components within the portfolio to preserve its original design. My unit of measure is the portfolio as a wh...
by fortfun
Fri Sep 21, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 984

Re: Is there any difference? (Re-balancing AA)

"Buy and hold" really just means "don't sell for any reason other than rebalancing, tax loss harvesting, or retirement." Yeah? To me, selling for any reason means you didn’t buy and hold, you bought and sold some. ... To me, buy and hold means to buy a portfolio and hold it, adding to, drawing from...
by fortfun
Fri Sep 21, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: CIT vs. ALLY vs. 360
Replies: 14
Views: 1693

Re: CIT vs. ALLY vs. 360

I got a mailing from CapitolOne today offering $500 bonus if deposit $50,000 or more. I have a synchrony high yield savings and I am wondering if worth moving the money. CapitolOne says paying 1.85%, which is the same as Synchrony. By the way, they are paying 2.65% for 13 month CD. I haven’t dealt ...
by fortfun
Thu Sep 20, 2018 11:38 pm
Forum: Personal Consumer Issues
Topic: Does your Capital One 360 reimburse international ATM?
Replies: 30
Views: 1188

Re: Does your Capital One 360 reimburse international ATM?

Hi, I know that Charles Schwab and Fidelity are considered the best debit cards for international use because they reimburse any fees charged by the ATM. I know that Capital One 360 checking account doesn't charge ATM fees on it's end, even for using another bank's ATM. But it was my understanding ...
by fortfun
Thu Sep 20, 2018 11:32 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 984

Re: Is there any difference? (Re-balancing AA)

Well, yes and no. You buy and hold, while trying to keep portfolio risk constant. The idea is that you decide your level of risk tolerance and then the only selling you ever do is to maintain a set level of risk. You could never rebalance, but that would usually lead to a higher and higher percenta...
by fortfun
Thu Sep 20, 2018 11:27 pm
Forum: Personal Consumer Issues
Topic: Thinking of selling my car
Replies: 36
Views: 1536

Re: Thinking of selling my car

I recently got a new job in downtown Bellevue, WA and moved here (about a 15 minute drive from where I was) so that I would be in easy walking distance of work as well as being a very easily walkable area in general. I live in an apartment building that is incredibly conveniently located to most ev...
by fortfun
Thu Sep 20, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

That is pretty shocking. But considering the state of financial literacy among adults in general I guess we shouldn’t be surprised. Unless they had credit card sign ups for the kids right after the talk, what is the issue people have? Was any of the info remotely controversial? Or is this just a sh...
by fortfun
Thu Sep 20, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

Haha, what topics did they cover I wonder? Step 1: Get a Wells Fargo credit card Step 2: Buy as much as you can Step 3: Just try to stop banking with us now (evil laugh) The worksheet was titled, "Hands on Banking." I think it should have been titled, "Just wait till we get our hands on your money!...
by fortfun
Thu Sep 20, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 984

Re: Is there any difference? (Re-balancing AA)

Broadly speaking, no--at least for a tax-advantaged account. In a taxable account, the method involving buying and selling creates a taxable event and could result in capital gains tax. That's why it's recommended to rebalance with either new money or tax-advantaged money (or both.) People generall...
by fortfun
Thu Sep 20, 2018 10:29 pm
Forum: Personal Consumer Issues
Topic: Thinking of selling my car
Replies: 36
Views: 1536

Re: Thinking of selling my car

I recently got a new job in downtown Bellevue, WA and moved here (about a 15 minute drive from where I was) so that I would be in easy walking distance of work as well as being a very easily walkable area in general. I live in an apartment building that is incredibly conveniently located to most ev...
by fortfun
Thu Sep 20, 2018 10:21 pm
Forum: Investing - Theory, News & General
Topic: Is there any difference? (Re-balancing AA)
Replies: 14
Views: 984

Is there any difference? (Re-balancing AA)

Besides the speed at which it's done, is there any difference between buying more total index bonds now and in the future, than converting a bunch of total index stocks into bonds immediately? I hear buy and hold, which confuses me on re-balancing your AA.
by fortfun
Thu Sep 20, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

Haha, what topics did they cover I wonder? Step 1: Get a Wells Fargo credit card Step 2: Buy as much as you can Step 3: Just try to stop banking with us now (evil laugh) The worksheet was titled, "Hands on Banking." I think it should have been titled, "Just wait till we get our hands on your money!...
by fortfun
Thu Sep 20, 2018 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

The old Blood, Sweat & Tears song, "Symphony for the Devil" comes to mind. For those too young to remember, you can read the lyrics and/or listen to it here: https://genius.com/Blood-sweat-and-tears-symphony-for-the-devil-sympathy-for-the-devil-lyrics Over 20 years ago when I was fortunate enough t...
by fortfun
Thu Sep 20, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

Mostly, it is the financial institution that will offer the school some incentives to gain access to the kids. The local credit union won't offer any incentives so they have no chance of getting into the schools. Yes, sadly, Josten's was hawking rings at my high school today--giving a piddly percen...
by fortfun
Thu Sep 20, 2018 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Re: Kid's school brought in Wells Fargo to teach them financial literacy today.

GoldenFinch wrote:
Thu Sep 20, 2018 9:28 pm
That is pretty shocking. But considering the state of financial literacy among adults in general I guess we shouldn’t be surprised.
Yeah, I don't think her teachers had any idea. Luckily, they will be getting a pension.
by fortfun
Thu Sep 20, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Kid's school brought in Wells Fargo to teach them financial literacy today.
Replies: 26
Views: 1930

Kid's school brought in Wells Fargo to teach them financial literacy today.

Tonight at dinner, my daughter told me her school brought in Well's Fargo to teach them about financial literacy today. At ten, she knows how badly they've treated their customers. She bit her tongue and didn't bring up their misdeeds but I wish she would have. In the end, they all received a certif...
by fortfun
Thu Sep 20, 2018 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card spending $20000
Replies: 10
Views: 1725

Re: Credit card spending $20000

Hi BHs- Looking for a CC advise with 1) excellent cash back or air miles 2) any signing up bonuses and 3) preferably No foreign transaction fees 4) ofcourse no annual fee unless free first year and no restriction to cancel 2nd year Will be spending $15-20k in 1-2 months..hence looking for new CC Th...
by fortfun
Wed Sep 19, 2018 9:00 pm
Forum: Personal Consumer Issues
Topic: Bathroom and Basement Remodel Costs
Replies: 48
Views: 2679

Re: Bathroom and Basement Remodel Costs

Remodeling a bathroom and basement and thought I'd ask the CF gurus. Got two quotes back. Both are within a few hundred or a few thousand of each other. My wife was way closer to guessing the quotes than my cheap ass was at it. House built in 2004 Bathroom Full gut, roughly 12X14. Relocate shower o...
by fortfun
Wed Sep 19, 2018 8:48 pm
Forum: Personal Consumer Issues
Topic: auto/home insurance rates
Replies: 12
Views: 1026

Re: auto/home insurance rates

curious to hear if people are having similar experiences with insurance companies. I have seen/heard the rule of thumb to shop quotes every 2-3 years. I wish I could make it that long with any one insurance company. Every time a renewal comes due, my rates increase 15-20% without any claims, accide...
by fortfun
Tue Sep 18, 2018 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: A Frustration w/ Ally Bank, Trust Account, and Paperless Statements
Replies: 21
Views: 1372

Re: A Frustration w/ Ally Bank, Trust Account, and Paperless Statements

I had the same thing happen. They eventually stopped. I'm not sure if I clicked to go paperless on a subsequent email they sent me or if their system finally started working. I received them for the first year or so but have not received one in quite some time now. Maybe try making the change on yo...
by fortfun
Tue Sep 18, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: A Frustration w/ Ally Bank, Trust Account, and Paperless Statements
Replies: 21
Views: 1372

Re: A Frustration w/ Ally Bank, Trust Account, and Paperless Statements

We moved our primary banking from Wells Fargo to Ally bank about five months ago. I'm glad to be rid of the thieves at Wells Fargo, and we've been pretty happy with almost everything at Ally. Almost... We have gone pretty much paperless for every business we deal with, for multiple reasons. We've h...
by fortfun
Tue Sep 18, 2018 6:18 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 205
Views: 13452

Re: What is your single most expensive mistake?

Not knowing about Bogleheads till 2016. Likely 100k+ of stupid decisions....ugh...and the interest I could have made on that 100k....
by fortfun
Tue Sep 18, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Business card impact on credit score (sole proprietor)
Replies: 5
Views: 588

Re: Business card impact on credit score (sole proprietor)

Thinking about applying for a business card for my rental unit. I'd apply for it as a sole proprietor with my SS#. How will this impact my credit score? I assume the company will use my current credit score to determine my eligibility for the business card, yes? Any reason not to do this? Thanks! P...
by fortfun
Tue Sep 18, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Business card impact on credit score (sole proprietor)
Replies: 5
Views: 588

Re: Business card impact on credit score (sole proprietor)

I have a Costco business credit card (Citicard) as a sole proprietor for a home business (second job). We use it for all purchases at Costco, but nowhere else. That credit card does not show up on my credit report on Credit Karma (Equifax and Transunion) Interesting. I guess I'll just have to get o...
by fortfun
Mon Sep 17, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: New SUV
Replies: 24
Views: 2029

Re: New SUV

Finally going to put to rest my ‘08 Mercury Mariner this fall. She has 150k mi on her and has generally treated me better than I have treated her the past decade. I’m looking for a similar vehicle. Mid size SUV. I have two children. My wife drives a GMC Acadia. It is a 2015 and she owns it. I have ...
by fortfun
Mon Sep 17, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Cheap Flights
Replies: 23
Views: 2207

Re: Cheap Flights

Hi Boggleheads, I'm doing some research on the cheapest flight to visit my family over Christmas. What websites do yall recommend? There are so many website out there (expedia, cheapflights, travelocity, kayak, orbitz, etc) and it's hard to weed through the junk. Also, after having done some resear...
by fortfun
Mon Sep 17, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Business card impact on credit score (sole proprietor)
Replies: 5
Views: 588

Business card impact on credit score (sole proprietor)

Thinking about applying for a business card for my rental unit. I'd apply for it as a sole proprietor with my SS#. How will this impact my credit score? I assume the company will use my current credit score to determine my eligibility for the business card, yes? Any reason not to do this?
Thanks!
by fortfun
Sat Sep 15, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: 38% pay cut for dream job?
Replies: 61
Views: 5093

Re: 38% pay cut for dream job?

Hi. Long time lurker here in need of wise advice. Background: I'm early 40s, married, no children but we're in the (long) process of adopting and would like to adopt at least twice over the next few years. Wife is currently stay at home (best for us) and will be a stay at home mom to home school ou...
by fortfun
Sat Sep 15, 2018 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: Am I saving enough in kids 529 plan?
Replies: 10
Views: 1257

Re: Am I saving enough in kids 529 plan?

Am I saving enough for college in my kids 529 plans? I have two kids, one is 3 and the other is 10 weeks old. The 3 year old has $8,000 in her account and the 10 week old has $500. I am contributing $250 per month into each fund and throwing an additional $1,000 in each fund at the end of the year,...
by fortfun
Thu Sep 13, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Paying down mortgage vs investing
Replies: 30
Views: 2479

Re: Paying down mortgage vs investing

Purchasing our first home and trying to decide on a mortgage term and whether or not to make additional payments on the monthly bill versus using the extra money for savings and investments. I have played around with the mortgage calculator on bankrate.com and it's easy to see the savings when you ...
by fortfun
Thu Sep 13, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Review
Replies: 15
Views: 1247

Re: Credit Card Review

I'd recommend cap one venure and savor for the $500 bonus (each).

citi thankyou has a good travel bonus also.
by fortfun
Tue Sep 11, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: house rentals in Norway?
Replies: 3
Views: 792

Re: house rentals in Norway?

honduranhurricane wrote:
Tue Sep 11, 2018 7:59 pm
Hi all,

Been considering a vacation to Norway next year and we have gotten used to renting houses via AIRBNB. Noticed a few houses in Norway on the site but wondering if anyone may be aware of other avenues that may have more choices.

TIA
Paul
Try booking.com or VRBO.
by fortfun
Tue Sep 11, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 95
Views: 8921

Re: Side Hustle Options/Suggestions.

Before you do anything with Uber/Lyft, etc. Read Mr. Money Mustaches post: (hint: it is not profitable). https://www.mrmoneymustache.com/2017/11/22/mr-money-mustache-uber-driver/ I'd look into doing a long term rental of some space in your house. You can be super picky about who you select, since it...
by fortfun
Mon Sep 10, 2018 9:51 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 72
Views: 5667

Re: Amazon Prime - Value?

A decreasing number of my Amazon shipments arrive in 2 days - and this is not due to the shippers. Upon clicking to pay, I see now most items estimated to arrive in up to 5 days. I tried to ask why using Chat or Phone, but the reps don't seem to have an answer. They appear to be reading from a scri...
by fortfun
Mon Sep 10, 2018 9:47 pm
Forum: Investing - Theory, News & General
Topic: What Matters to Individual Investors? Evidence from the Horse's Mouth
Replies: 6
Views: 1035

Re: What Matters to Individual Investors? Evidence from the Horse's Mouth

Paywall... so couldn't read the paper. However.... I'll comment: This is a special place.... what is common sense around here is not common in the wild. Natural selection has not resulted in humans having an innate ability for passively investing in stocks and bonds. Rather, the human brain gives u...
by fortfun
Mon Sep 10, 2018 7:57 pm
Forum: Investing - Help with Personal Investments
Topic: Investing with Vanguard through an advisor
Replies: 4
Views: 449

Re: Investing with Vanguard through an advisor

They have a "financial advisers" login page, so I think the answer is yes.
https://advisors.vanguard.com/web/c1/fa ... ebapp/home
by fortfun
Mon Sep 10, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: $25K car
Replies: 39
Views: 3564

Re: $25K car

airahcaz wrote:
Mon Sep 10, 2018 5:05 pm
There’s also the parts and repair costs, which used luxury car will need sooner and cost more than new Honda.
True for a Mercedes or BMW but probably not with the Lexus (just a Toyota with a fancy finish). Lexus is usually at the top of reliability charts (that I've seen).
by fortfun
Mon Sep 10, 2018 5:41 pm
Forum: Investing - Theory, News & General
Topic: Moved to 100% FDIC Insured Cash today (college money needed in 3 years)
Replies: 26
Views: 2211

Re: Moved to 100% FDIC Insured Cash today

Moved college account money needed in another three years into FDIC Insured cash today. Previously was in 60/40 equity/ bond allocation, and about time to reduce all equity and bond risk with money needed in just over a couple of years. Sorry for the attention grabbing title :D with all that discus...
by fortfun
Sun Sep 09, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7137

Re: Anyone else playing catch-up in their 40's?

Yes, here are steps we've taken (to maximize saving): Get rid of Amazon prime. Too easy to spend money on crap you don't need. Get rid of cable. Use only a work mobile phone (if provided). Get rid of land line phone. Stop eating out. Learn to cook. If you eat out, find a reasonable place to eat out...
by fortfun
Sun Sep 09, 2018 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement fund choice (Roth IRA & 457)
Replies: 7
Views: 539

Re: Early retirement fund choice (Roth IRA & 457)

delamer wrote:
Sun Sep 09, 2018 6:46 pm
You should familiarize yourself with the 72(t) rule, which allows for withdrawals from tax-deferred accounts prior to age 59.5.
Interesting--I've never heard of it before. Thanks Delamer. Better than doing a Roth conversion, or just another technique to consider? Thanks.
by fortfun
Sun Sep 09, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: 3 fund portfolio with Money Market instead of Bonds
Replies: 26
Views: 2721

Re: 3 fund portfolio with Money Market instead of Bonds

Nisiprius, are you saying no need for bonds with this chart? No, exactly the opposite. You may not have been looking at the portfolio descriptions and colors correctly, I have to see if I described them clearly. GRP said "Decreasing the volatility of one part of your portfolio doesn't mean the tota...
by fortfun
Sun Sep 09, 2018 5:54 pm
Forum: Personal Consumer Issues
Topic: where to learn to sew?
Replies: 29
Views: 1599

Re: where to learn to sew?

My daughter would like to learn sewing, what is a good place for a reasonable price? Thanks A lot of libraries now have maker spaces with sewing machines. You might call around. Most schools offer "home ec or consumer and family studies." She might learn in MS or HS. Some fabric stores have classes...
by fortfun
Sun Sep 09, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: 3 fund portfolio with Money Market instead of Bonds
Replies: 26
Views: 2721

Re: 3 fund portfolio with Money Market instead of Bonds

...So, no, don't replace bonds with MMFs. Decreasing the volatility of one part of your portfolio doesn't mean the total risk of the portfolio goes down. In this case I would argue you are actually increasing your total risk... How do you "argue" this? Over the time period shown by PortfolioVisuali...
by fortfun
Sun Sep 09, 2018 3:54 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement fund choice (Roth IRA & 457)
Replies: 7
Views: 539

Re: Early retirement fund choice (Roth IRA & 457)

I guess going to target date funds would be fine as long as your AA desires are met. I'm not sure what you are asking in regards to doing a backdoor Roth? Are you confusing the backdoor with Roth conversions? If you're asking whether it is best to take from bonds or equities, it depends. There are ...
by fortfun
Sun Sep 09, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: where to learn to sew?
Replies: 29
Views: 1599

Re: where to learn to sew?

My daughter would like to learn sewing, what is a good place for a reasonable price? Thanks A lot of libraries now have maker spaces with sewing machines. You might call around. Most schools offer "home ec or consumer and family studies." She might learn in MS or HS. Some fabric stores have classes...