Search found 713 matches

by spammagnet
Fri Dec 15, 2017 1:45 am
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 26
Views: 2204

Re: What is a Reasonable Retirement Cost of Living?

onthecusp wrote:
Thu Dec 14, 2017 4:10 pm
... kicking the kids off the cell phone plan ...
Our young adults are still on our plan. It's cheaper for them to pay us than to get a separate. I just send a payment request in Venmo when I get the bill. If DS's usage exceeds the plan, he gets to pay the entire over charge.
by spammagnet
Thu Dec 14, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 78
Views: 6238

Re: 2018 financial goals - what are yours?

Married, first full year with young adult kids off our payroll. 1. Max 401k/403b contributions 2. Max Roth IRA x 2 contributions (Have already been doing both of the above.) 3. Replete e-fund partly used to max Roths this year. (Near retirement, e-fund not essential, but nice to have cash on hand.) ...
by spammagnet
Thu Dec 14, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 78
Views: 6238

Re: 2018 financial goals - what are yours?

sschullo wrote:
Mon Dec 11, 2017 3:59 pm
Mine too exactly. Here is my absolutely BORING portfolio AA as a 70-year-old retired k12 LAUSD teacher:

[graph]

Did I mention the 7.5% return on this portfolio YTD!
Why so many funds?
by spammagnet
Thu Dec 14, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 177
Views: 4317

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

GCD wrote:
Wed Dec 13, 2017 5:34 pm
Whatever man. Gambling is cool. I play the lotto at $1 a week myself. Whatever amount you're comfortable with as long as you accept that it's gambling.
I guess I'm twice the risk-taker you are. I play $2/week. :D
by spammagnet
Sun Dec 10, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money
Replies: 76
Views: 6433

Re: 33 years old, 13 years IT experience, currently make 63k a year. I need advice to start making more money

You're absolutely right. My thoughts are I could be in the same position I'm in with an associate's from an accredited community college as opposed to the 28k For-Profit college I went to. I could have done it cheaper and have credits that could be rolled into earning a bachelor's. I will have to s...
by spammagnet
Thu Dec 07, 2017 12:55 am
Forum: Investing - Help with Personal Investments
Topic: In-Retirement: Move 401k & SEP-IRA to MM, then to Index Funds via dollar cost averaging?
Replies: 49
Views: 2040

Re: In-Retirement: Move 401k & SEP-IRA to MM, then to Index Funds via dollar cost averaging?

In my opinion that's not a valid way to evaluate the bonuses. You need to look at the return on the amount of effort. Remember that your assets continue to earn their normal return. The bonus is in addition to that. You get the $1000 for a less than an hour of effort in most cases. I don't disagree...
by spammagnet
Wed Dec 06, 2017 11:36 pm
Forum: Investing - Help with Personal Investments
Topic: In-Retirement: Move 401k & SEP-IRA to MM, then to Index Funds via dollar cost averaging?
Replies: 49
Views: 2040

Re: In-Retirement: Move 401k & SEP-IRA to MM, then to Index Funds via dollar cost averaging?

Merrill Edge currently has their "best" offer running now through 12/15. https://www.merrilledge.com/offers/1000offer?src_cd=lvexpo17 It might get extended, they have done that in the past, but sometimes they don't. Very good offer! But looking for excellent customer service, lower cost index funds...
by spammagnet
Fri Nov 24, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 5808

Re: Uber for someone who knows only taxis

I suppose one could call it a scheduled request. However the requesting happens ahead of time - in my case 1 day ahead. And the driver accepted the request ahead of time as well (a minute or so after the request). The driver having accepted it in advance is different than how I interpreted it. Havi...
by spammagnet
Fri Nov 24, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Would Discount Tire credit card count towards 5/24? Worth it?
Replies: 3
Views: 458

Re: Would Discount Tire credit card count towards 5/24? Worth it?

If you're going to burn up one of your 5/24 slots, get a new Chase card and put the tires on it.
by spammagnet
Fri Nov 24, 2017 10:10 am
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 5808

Re: Uber for someone who knows only taxis

Not that any taxi/shuttle/ride service guarantees much but, from the description below, this sounds more like a scheduled request than a scheduled ride . I suspect they're doing little more than storing your request in their system until the appointed time. When released, it's just another ride requ...
by spammagnet
Wed Nov 22, 2017 12:43 am
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 5808

Re: Uber for someone who knows only taxis

I have zero stats, but I think Uber and Lyft might actually cut down on DUIs. Maybe the ease of getting a ride, and the cost being reasonable leads some people to not take foolish risks by drinking and driving. Our twenty-somethings consistently use Uber when going out and alcohol is involved. They...
by spammagnet
Wed Nov 22, 2017 12:16 am
Forum: Personal Consumer Issues
Topic: Beware Amazon Price Gouging
Replies: 74
Views: 9268

Re: Beware Amazon Price Gouging

It's my impression that if you put something on a shopping list, then come back to peruse it periodically, but don't buy it, Amazon lowers the price to get you to bite. That's purely my personal interpretation. I've bought things at significant discounts (~50% on items costing hundreds of dollars), ...
by spammagnet
Tue Nov 21, 2017 12:14 am
Forum: Investing - Help with Personal Investments
Topic: [Switching from Target Date fund to 3-fund portfolio - How?]
Replies: 9
Views: 1167

Re: [Switching from Target Date fund to 3-fund portfolio - How?]

With respect to your use of Investor class rather than Premium class, is that because the total in some accounts is less than $10K? Or because you're trying to implement a three-fund portfolio separately in each account? If the latter, you don't need to do that. You allocation should be applied acro...
by spammagnet
Thu Nov 16, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Did balance transfer check to Capital1 - got letter that they had "confidential information" that check may not be paid!
Replies: 4
Views: 1095

Re: Did balance transfer check to Capital1 - got letter that they had "confidential information" that check may not be p

swampwiz wrote:
Thu Nov 16, 2017 5:42 pm
... I can remember the good old days of the fee-free, interest-free transfer checks of the 1990s ...
I once got a free cash advance for close to $20K that I put in a high-interest savings account, made minimum payments, then paid it off before the teaser period lapsed. Free money.
by spammagnet
Thu Nov 16, 2017 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Vacation on a budget
Replies: 16
Views: 1767

Re: Christmas Vacation on a budget

Alexa9 wrote:
Thu Nov 16, 2017 4:41 pm
I would imagine Puerto Rico is itching for tourists.
Shipping costs for potable water would put a damper on your vacation budget. :)
by spammagnet
Sun Nov 12, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: Better way to get rid of old fridge?
Replies: 38
Views: 2571

Re: Better way to get rid of old fridge?

As mentioned, utilities often offer a rebate. It has to be working, not because somebody wants the refrigerant, but because there's no reason to pay you if they're not takIng an inefficient appliance off their grid. Reducing demand by buying old refrigerators is cheaper for them than building new ca...
by spammagnet
Sun Nov 12, 2017 2:02 am
Forum: Investing - Help with Personal Investments
Topic: Teaching an old dog some tricks
Replies: 14
Views: 1687

Re: Teaching an old dog some tricks

Brownbird wrote:
Wed Nov 08, 2017 3:58 pm
... I inherited $600k (thank you Daddy) and have it plopped in a savings account (well, 2 at 2 different banks).
I hope the savings accounts are the higher interest available online rather than negligible interest available at a local b&m bank.
by spammagnet
Sun Nov 12, 2017 1:28 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9874

Re: Retirees: I got this!!

It should be no surprise that recent retirees are exceeding expectations because of very good market performance. No guarantee that the next cohort of retirees will have the same experience so I'm not sure that recent experience will be a useful guide for future retirees. This. Sorry guys... All yo...
by spammagnet
Sat Nov 11, 2017 11:49 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone used Zelle?
Replies: 37
Views: 4182

Re: Anyone used Zelle?

Nyc10036 wrote:
Sat Nov 11, 2017 9:30 pm
Cash wrote:
Sat Nov 11, 2017 5:56 pm
spammagnet wrote:
Sat Nov 11, 2017 2:41 pm
I just tried. It won't work with my Fidelity debit card.
Yeah I could be mistaken, but I think your bank has to be a Zelle participant.
https://pasteboard.co/GTeNe8p.png
That requires a debit card. My Fidelity CMA debit card was not accepted.
by spammagnet
Sat Nov 11, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone used Zelle?
Replies: 37
Views: 4182

Re: Anyone used Zelle?

Nyc10036 wrote:
Sat Nov 11, 2017 2:39 pm
I am talking about the Zelle app.

I haven't downloaded so I cannot say, but their website seems to imply that it is to be used by people's whose banks don't belong to Zelle yet.
I just tried. It won't work with my Fidelity debit card.
by spammagnet
Sat Nov 11, 2017 1:04 am
Forum: Personal Finance (Not Investing)
Topic: Anyone used Zelle?
Replies: 37
Views: 4182

Re: Anyone used Zelle?

Zelle works only if both people involved have accounts at participating banks. There is no provision for setting up an ACH transfer to a non-participating bank, as there is with (e.g.) Venmo, if one of them does not. Venmo is agnostic. I just tried to transfer some money from my Dad's checking accou...
by spammagnet
Sat Nov 11, 2017 12:25 am
Forum: Personal Finance (Not Investing)
Topic: FSA Worth the Hassle?
Replies: 11
Views: 1349

Re: FSA Worth the Hassle?

Filing a claim isn't that hard. If your alternative is to not deduct the money and not make a claim, apparently you don't need the cash immediately. Nobody says you have to do it every month. Just keep the receipts.

I did mine twice a year. Download the form, fill it out, wait for the check.
by spammagnet
Fri Nov 10, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2286

Re: Inactive accounts closed?

I’m a ceo of a small credit union. Keeping accounts open costs money. ... I view credit unions differently than large commercial banks. At least, the smaller ones I have experience with. I try to keep my costs to the CU down so they continue to exist, to my benefit. I don't keep accounts open unles...
by spammagnet
Fri Nov 10, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2286

Re: Inactive accounts closed?

In my experience, activity requires transactions. I've added some nominal monthly subscription type fees to my different cards to keep them active. I've had some very old credit cards closed as a result of inactivity. That has a potentially negative effect on your credit rating due to decreasing the...
by spammagnet
Mon Oct 30, 2017 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Basic money management s/w for a mac-based millennial English major?
Replies: 21
Views: 1347

Re: Basic money management s/w for a mac-based millennial English major?

Does YNAB do much to help in managing investments? YNAB doesn't do investments. It's strictly cash flow, including credit cards. Some people do things with split transactions and "tracking" accounts but the intent of the program is to track cash flow and to allocate and spend your cash mindfully. I...
by spammagnet
Mon Oct 30, 2017 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Basic money management s/w for a mac-based millennial English major?
Replies: 21
Views: 1347

Re: Basic money management s/w for a mac-based millennial English major?

... YNAB requires, I believe, that one manually record all expenses. If so that’s not a good fit per above. I use Mint and can second its recommendation. ... YNAB does not require manual data entry. That was true of pre-subscription versions. It now permits connection to multiple banks to download ...
by spammagnet
Sun Oct 29, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Basic money management s/w for a mac-based millennial English major?
Replies: 21
Views: 1347

Re: Basic money management s/w for a mac-based millennial English major?

I started both of our kids on YNAB in college. (College students get one year free.) One is graduated and in his first career job; the other will complete grad school and launch in January. Both grasp how to use it and were surprised by what it revealed in terms of their spending habits. ("I'm spend...
by spammagnet
Fri Oct 27, 2017 6:50 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 471
Views: 58507

Re: Quicken's future direction - a cause for concern

Bylo Selhi wrote:
Fri Oct 27, 2017 6:26 am
As I understand it, with the new QuickenID you'll have to login once a month if you do any online operations, e.g. update security prices, downloading bank transactions, etc.
I was unaware. If accurate, that's annoying. Complaints may lead them to change it.
by spammagnet
Thu Oct 26, 2017 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 471
Views: 58507

Re: Quicken's future direction - a cause for concern

Uncle Pennybags wrote:
Thu Oct 26, 2017 7:27 pm
... This signing in all of the time is a pain in the butt.
You shouldn't have to. I gather from reports that the transition from Intuit to Quicken servers wasn't ideal, but it should save your new Quicken ID. There was a recent update, R15.1. It may fix your sign-in problems.
by spammagnet
Thu Oct 26, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 471
Views: 58507

Re: Quicken's future direction - a cause for concern

I have 2016 H&B. Never had this happen before. I tried to just update my stock quotes and it 1) made me enter my Quicken Password 2) Get texted a code that I had to enter. That's due to conversion from Intuit (company) authentication servers to Quicken (company) authentication servers. The new serv...
by spammagnet
Thu Oct 26, 2017 12:03 am
Forum: Personal Consumer Issues
Topic: Upgrade my Roku?
Replies: 34
Views: 3249

Re: Upgrade my Roku?

I have the Roku 2. Would I get any performance difference if I upgraded to the latest model? I am currently hooked up with Ethernet cable through power line adapters and I have the slowest internet from Comcast. I generally get only SD quality on Vudu. The powerlines adapters and the "slower intern...
by spammagnet
Wed Oct 25, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 471
Views: 58507

Re: Quicken's future direction - a cause for concern

michaeljc70 wrote:
Wed Oct 25, 2017 9:42 am
I have no reason to think it is an error. Amazon has Premier 27 months fro $130.
OK. I just didn't find any reference to longer subscription periods on the Quicken site.

Edit: BTW, the Amazon offering includes an additionial 15 GB of space on Dropbox, if that matters to you. It doesn't, to me.
by spammagnet
Wed Oct 25, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 471
Views: 58507

Re: Quicken's future direction - a cause for concern

Is that Staples subscription description an error? Or is their $119.99 regular price discounted 20% off Quicken's retail list price because it's a 2 year subscription, rather than 1 year? And the $99.99 price is discounted further?

www.quicken.com/compare:

Deluxe: $49.99/yr
Premier: $74.99/yr
by spammagnet
Sun Oct 22, 2017 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Helping college costs of grandchildren
Replies: 37
Views: 2461

Re: Helping college costs of grandchildren

Naive seems too strong. I would have no trouble saying to one kid and spouse "Here's a check to help with grandchild's college expenses. This is not to be discussed with anyone outside this room." Again, it depends on family dynamics. I'll concede that and agree that it depends on family dynamics.
by spammagnet
Sun Oct 22, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Helping college costs of grandchildren
Replies: 37
Views: 2461

Re: Helping college costs of grandchildren

You don't owe your children an explanation as to how you spend your money. Each family has different dynamics, but do you feel that you'd even need to tell your childless children that you gave money to their nieces/nephews for college? College expenses are not an unusual topic of conversation in e...
by spammagnet
Sun Oct 22, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13158

Re: new 401(k) limits announced

Besides, what kind of crappy company wouldn't take your last contribution of the year to whatever penny amount you had left to contribute? Many that are not necessarily "crappy" employers have rules designed to reduce their management burden, such as restricting the frequency of changes, limiting e...
by spammagnet
Sun Oct 22, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Better to sell house ~ every 15 years?
Replies: 50
Views: 7266

Re: Better to sell house ~ every 15 years?

I would not expect a 20 year old house to need a roof, gutters, driveway, or air conditioning units. The major part of your expenditures seems to be attributed to items that did not last for a reasonable life span. Depending on the type of roof, some banks require a reserve for a new roof built int...
by spammagnet
Sat Oct 21, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for medical school for son?
Replies: 79
Views: 5224

Re: Paying for medical school for son?

It seems that paying for medical school for both children would not to affect your personal financial future, so it resolves to a philosophical question. Should you make it easy for them because you can? Consider our approach of partial support. DD will soon complete 28 months of graduate education ...
by spammagnet
Fri Oct 20, 2017 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13158

Re: new 401(k) limits announced

At your place of work does this 'automatically stop' at the 18k employee contribution point? (so one can't overcontribute) At Megacorp the plan switches to after-tax when the deferral limit is reached. Matching continues. DW's Megacorp is not so friendly. We maximized her deductions towards the end...
by spammagnet
Fri Oct 20, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance and Retirement Savings
Replies: 21
Views: 3022

Re: Inheritance and Retirement Savings

Thanks for the replies. We have 28 years to go on the mortgage--we moved a couple years ago. We have a good interest rate, and my general philosophy has been to have the mortgage paid off before DH retires. Up until now, it hasn't been an issue--now, though, I'm thinking we could pay it off (or dow...
by spammagnet
Fri Oct 20, 2017 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: [If I die before my spouse, how to direct Vanguard advisors?]
Replies: 38
Views: 2981

Re: [If I die before my spouse, how to direct Vanguard advisors?]

celia wrote:
Fri Oct 20, 2017 4:03 am
... The one thing I do want to suggest though is that each spouse have a couple of months of living expenses in an account they can access after their spouse's death since it may take time to obtain a death certificate, send it in, and move some accounts around.
Good idea.
by spammagnet
Thu Oct 19, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 17
Views: 1012

Re: Employer Benefits - Insurance Options, are these useful?

... Back on topic - the reason to pay for the disability insurance yourself is like I said - if the employee pays for it you are not susceptible to federal income tax on any disability income you have. If your employer pays for the insurance then you have to pay federal income taxes on the disabili...
by spammagnet
Thu Oct 19, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 17
Views: 1012

Re: Employer Benefits - Insurance Options, are these useful?

dm200 wrote:
Thu Oct 19, 2017 7:33 am
spammagnet wrote:
Thu Oct 19, 2017 6:55 am
Disability insurance is important but most people never use it. Why pay for it if you don't have to? Let the employee pay it. That makes it free to you. You pay the taxes only if you ever need the income.
Do you mean employer?
Yes
by spammagnet
Thu Oct 19, 2017 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Employer Benefits - Insurance Options, are these useful?
Replies: 17
Views: 1012

Re: Employer Benefits - Insurance Options, are these useful?

So I will state - this works GREAT when we know a disability is going to occur. In this last case, we knew my spouse would be giving birth to our first kid - so naturally I opted to pay for the STD myself. However, without knowing of any disabilities - does Bogleheads think I should pay for these d...
by spammagnet
Wed Oct 18, 2017 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Any Red Flag with Canceling Federal Employee Health Insurance?
Replies: 11
Views: 1169

Re: Any Red Flag with Canceling Federal Employee Health Insurance?

delamer wrote:
Tue Oct 17, 2017 11:21 pm
... FYI, I also think if the OP should become disabled before traditional retirement eligibility and have to retire, he couldn't get FEHB coverage either.
For clarification, do you mean if the employee doesn't take FEHB? Or even if they do have FEHB at the time of disability?
by spammagnet
Tue Oct 17, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Any Red Flag with Canceling Federal Employee Health Insurance?
Replies: 11
Views: 1169

Re: Any Red Flag with Canceling Federal Employee Health Insurance?

... The only possible concern would be if you should die while the family was covered through your wife's job (or before you got your 5 years of coverage pre-retirement), I believe your wife/family would lose the opportunity to get back into FEHB. Taking that into consideration, does the benefit of...
by spammagnet
Mon Oct 16, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422282

Re: What's Your Credit Card Rewards Strategy?

2015 wrote:
Mon Oct 16, 2017 9:54 am
Annually, I charge one of my daily coffee's to each of the cards I don't use to keep them active. It's painless, actually.
The annoyance to me is too many cards in my wallet and reconciling the accounts.

Of course, nothing requires that I make any effort at all.
by spammagnet
Sun Oct 15, 2017 10:58 pm
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 136
Views: 22138

Re: 30,000 in Checking Account

Those percentages refer to the tax brackets. The marginal tax rate is often the same as the individual's tax bracket, but not always , as that link and others such as Taxation of Social Security benefits - Bogleheads explain. I understand your point and stand corrected. As the OP didn't know his br...
by spammagnet
Sun Oct 15, 2017 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Simplifying portfolio
Replies: 43
Views: 3730

Re: Simplifying portfolio

I see the quote symbol but am mystified how to get prior comment in quotes. If you click the quote symbol in the upper right corner of the message you're replying to, it puts the entire message in a quote block. The includes everything that was quoted in it, as sub-quotes. Breaking it up into separ...
by spammagnet
Sun Oct 15, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 136
Views: 22138

Re: 30,000 in Checking Account

Look up your annual salary in the IRS tables linked below to find your marginal federal tax rate. taxfoundation.org - 2017-tax-brackets Note that a tax bracket is not necessarily the same as a marginal tax rate . The description of the link is from the Tax Foundation page title. My suggestion was f...