Search found 1051 matches

by spammagnet
Sat Aug 24, 2019 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

Question 1: How do those of you who use YNAB link/sync CMA/MMF accounts with Fidelity? Does the MMF balance get linked? If not, do you just process the inflows as going to an Emergency Fund category and then label with the sales as reducing that category? Or do you do something else? Question 2 (I ...
by spammagnet
Sun Aug 11, 2019 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: credit card strategy

... if I could generate an incremental $1K or so annually, I'd be willing to add some complexity to my credit card strategy. Would appreciate any suggestions/advice. This card selection algorithm from reddit/r/churning provides a good summary. References to "5/24" means having opened 5 new credit c...
by spammagnet
Sun Aug 04, 2019 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee Burn or Sick Leave [before retirement]
Replies: 87
Views: 5899

Re: Federal Employee Burn or Sick Leave [before retirement]

Well your husband is very fortunate, because they are very few private companies that allow carryover of vacation and sick leave. I was not basing my comment on one company’s practice. In fact in my 40 years of experience in industry, it was very rare to see the benefits you described... It's still...
by spammagnet
Fri Aug 02, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

... One advantage of Samsung Pay is it works with most card readers. It uses both NFC technology and magnetic secure transmission (MST) technology. ... I've found this to be true --- I've tried Google Pay too, and it's quite easy to use, but a number of times now I've been told "we don't support pa...
by spammagnet
Wed Jul 24, 2019 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 11396

Re: Long term care insurance excessive price increase -upset!

... and frankly I'd be surprised if your benefits are unlimited. I'll guess that they are limited to three years. Truly unlimited policies were available and many are still in force. My Mom has benefited from having such a policy (with a 5% annual adjustment in the daily benefit limit) for the past...
by spammagnet
Wed Jul 24, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

Question for Chase Sapphire Reserve cardholders : my wife has this card and we would like to use it as much as possible at this point. An additional card for me would be $75, I think. Could I avoid the need to get the additional card by just “loading” her card onto my iPhone wallet? I’ve not used A...
by spammagnet
Tue Jul 09, 2019 10:58 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 8973

Re: Who cuts your hair? And for how much?

palaheel wrote:
Tue Jul 09, 2019 9:55 pm
... but I resent the intrusive personal questions for a cash transaction.
It's a hair shop. They're trying to have a friendly conversation.
by spammagnet
Tue Jul 09, 2019 10:55 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 8973

Re: Who cuts your hair? And for how much?

A local stylist. She charges $35. I generally give her a c-note cause I had to work stupid hard when I was young. I also give my house keeper a two month bonus at the end of the year. Working hard is hard. When you have done alright, you share when you can. While I'm not in a position to do the sam...
by spammagnet
Tue Jul 09, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11177

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

If you have no trusted relatives and no one who cares about you enough to take care of your affairs, and you don't care enough to move close to family, do you really care what happens to your stuff when you are gone? Not necessarily when you're gone but you may suffer from lack of resources at the ...
by spammagnet
Tue Jul 09, 2019 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11177

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

fru-gal wrote:
Tue Jul 09, 2019 12:08 pm
I'm assuming university supervision of the community, enough so unethical behavior would be prevented, or at least noticed and corrected very quickly.
I would assume that all large ALFs hire people they believe to be honest. Screening processes and accounting controls don't always work.
by spammagnet
Tue Jul 09, 2019 9:27 am
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11177

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

I'm not exactly sure why this idea just popped into my mind, but what about assisted living communities associated with universities, for their alumni and spouses. This would seem to ensure ethical management including of finances. I'm unclear why personnel engaged by an ALF associated with a unive...
by spammagnet
Mon Jul 08, 2019 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.
Replies: 140
Views: 11177

Re: If there are no close or trusted relatives close by, who will care for you, pay your bills, etc.

livesoft wrote:
Mon Jul 08, 2019 2:39 pm
You move closer to trusted relatives.
Some people don't have relatives they trust.
by spammagnet
Sun Jul 07, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Staying the course is so hard (support thread)
Replies: 110
Views: 11191

Re: Staying the course is so hard (support thread)

You're operating in a different realm than anything I could be familiar with, but wanting nice new things is common to people of all income levels. I wouldn't focus on what you shouldn't or can't do, because you're not supposed to. Instead, focus on what you want to do, with respect to retirement an...
by spammagnet
Sun Jul 07, 2019 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Would we regret buying a 2nd home?
Replies: 90
Views: 8373

Re: Would we regret buying a 2nd home?

Having observed a relative literally breaking rock with a 10 pound hammer just so they could get past the boulder that blocked the road approaching their home in the mountains, we decided long ago that seasonal leases were better for us. It may be more expensive on a monthly basis but less expensive...
by spammagnet
Sun Jul 07, 2019 10:59 am
Forum: Personal Finance (Not Investing)
Topic: The Day Has Come - Hit Retirement Number - Now What?
Replies: 103
Views: 10548

Re: The Day Has Come - Hit Retirement Number - Now What?

Does your job have the possibility of part time? Part time can be a nice transition. Another option is to see if you are able to take an extended sabbatical. Both of these options will give you plenty of time to try out new things and see what you enjoy doing with your free time. keep in mind that ...
by spammagnet
Sun Jul 07, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 11396

Re: Long term care insurance excessive price increase -upset!

bsteiner wrote:
Sun Jul 07, 2019 8:44 am
... That's why I would like to see a long-term care policy that covers an unlimited duration but has 3-year waiting period. Many disability policies provide benefits to age 65.
I would, too, but, if allowed by insurance commissions, would it not already be an option?

edit: grammar
by spammagnet
Sun Jul 07, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 11396

Re: Long term care insurance excessive price increase -upset!

Yep, this is the reason I am never buying LTC insurance. No way in hell am I going to flush tens, if not hundreds, of thousands of dollars down the drain in premiums only to reach a point where I cannot afford to maintain the policy. Self-insuring is the way to go. I haven't worked out the math pro...
by spammagnet
Sat Jul 06, 2019 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance excessive price increase -upset!
Replies: 171
Views: 11396

Re: Long term care insurance excessive price increase -upset!

Regarding the potential for LTCi policies with long elimination periods, do states have the authority to disallow their sale? If so, it seems to me that states would have a vested interest in not allowing it. Families who buy it may well run out of money before the elimination period, at which point...
by spammagnet
Tue Jun 18, 2019 10:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

... $5500 left. ... Everything else is 1x, so i guess back to the CIP. I'm tempted to ask the wife to get a Chase Freedom Unlimited which has 3x to get more UR. So, at 3x vs 1x, that's a 2x advantage for $5,500 spend = $110, if valued at 1 point = 0.01. (Does the CIP multiply redemptions as the Sap...
by spammagnet
Sat Jun 15, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

Anyone had this issue before? I entered the information from the fidelity checks (routing/account) into one of my biller's sites to pay that balance. A few days later fidelity send's me an email that the "direct debit couldn't be completed due to insufficient cash to cover the debit". Technically t...
by spammagnet
Wed Jun 12, 2019 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

You can do everything you want with just a brokerage account. The main benefit of a CMA is ATM fee reimbursements. ... You can also set it up to draft from multiple accounts, if you have more than one at Fidelity. In that way it acts as a centralized point for your cash flow. In transferring from t...
by spammagnet
Tue Jun 11, 2019 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

Yes the purchase transaction will go through. Say you have 10k of SPAXX and 20k of SPRXX and you purchase 15K of SPRXX. Transaction is processed first by debiting SPAXX and then SPRXX and you end up with 30K of SPRXX. I just got a notice from Fido that my order for $7K SPRXX went through, but my po...
by spammagnet
Mon Jun 10, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

Yes the purchase transaction will go through. Say you have 10k of SPAXX and 20k of SPRXX and you purchase 15K of SPRXX. Transaction is processed first by debiting SPAXX and then SPRXX and you end up with 30K of SPRXX. I just got a notice from Fido that my order for $7K SPRXX went through, but my po...
by spammagnet
Mon Jun 10, 2019 1:18 am
Forum: Personal Finance (Not Investing)
Topic: 22 Years Old - Which credit card to begin with?
Replies: 44
Views: 4069

Re: 22 Years Old - Which credit card to begin with?

As the title says, I am 22 y/o, set to graduate college in December (no debt). I believe it is time for me to apply for a credit card. ... I suggest opening two accounts at different banks. If something happens that causes one account to be locked (loss, theft) the other will (hopefully) be unaffec...
by spammagnet
Mon Jun 10, 2019 12:55 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

... I am considering closing all of these (except my local CU -- for the safe-deposit box, primarily) ... Your CU can also serve the occasional need for notary services, including possibly medallion signatures, and it may be a source of rapid cash withdrawal using a Visa debit card drawn on your Fi...
by spammagnet
Sun Jun 09, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: thinking about un-retiring
Replies: 45
Views: 8345

Re: thinking about un-retiring

so I finished my first engagement, personally, financially and intellectually rewarding. Would love to do it again, not sure when/if I'll find another pt engagement. I will say after 20 hours per week for five weeks, I'm ready for a vacation! One thing I found when engaged for a short contract 3 mo...
by spammagnet
Sat Jun 08, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency fund to pay debt
Replies: 25
Views: 1809

Re: Emergency fund to pay debt

If most of my expenses could be covered by credit card I would sign-up for one that had a 0% APR for 12, 18, 21 months (at-least as long as it would take to replenish the EF) and then I would pay-off the debt with my emergency fund. I wouldn't use the new card unless an emergency came up, but it wo...
by spammagnet
Sat Jun 08, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

I created a buy transaction to see what happens. Being Saturday, I think it won't close until Monday. It shows that I have more than sufficient funds to buy SPRXX. It ignores the fact that some of the available funds it will use to buy SPRXX already are in SPRXX. I don't know if it will recognize th...
by spammagnet
Sat Jun 08, 2019 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 46
Views: 3419

Re: Quicken alternatives?

A limitation I experienced with MoneyDance: my primary checking account is a CMA with Fidelity. MoneyDance would not support treatment as a checking account. In correspondence about that, the developer seemed disinterested.
by spammagnet
Sat Jun 08, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Quicken alternatives?
Replies: 46
Views: 3419

Re: 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. ... Have you read the details of the new license model? It's not a l...
by spammagnet
Sat Jun 08, 2019 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity as a one stop shop

grp2c wrote:
Fri Jun 07, 2019 11:25 pm
... Also, to reduce the manual transactions of buying FZDXX, I've setup an auto-investment of 15k of FZDXX twice a month after payday and I keep a minimum balance of 30k in the account. ...
If the balance is insufficient to buy 15K, will it buy whatever the balance supports?
by spammagnet
Wed Jun 05, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 941
Views: 105150

Re: Fidelity Cash Management Account - Anyone Use it?

I thought I read elsewhere that it wouldn't let you withdraw from an ATM if the CMA account was $0? If you have it set up to cover overdrafts by transfer from another account, you can withdraw money from a $0 CMA account. Others reported that and I confirmed it for myself. Fidelity will sell only s...
by spammagnet
Sat Jun 01, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: [Longevity effects of The Great Depression on investing]
Replies: 25
Views: 1533

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

... Actually I do not accept your assertion that the Great Depression ended in 1933. ... ... So I'm not sure where the 10 years is coming from. Can you provide a link or some source material as I have faithfully done? Honorable Bogleheads, you may intend for your exchange to be friendly. If so, the...
by spammagnet
Sat Jun 01, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

giesen5 wrote:
Fri May 31, 2019 4:50 pm
... Currently racking up American Airlines miles through the Citi AA card while that option is still available. ...
Are AA miles more valuable than others, or convertible to something more valuable than other approaches?
by spammagnet
Sat Jun 01, 2019 5:21 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 173384

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

fortyofforty wrote:
Fri May 31, 2019 5:53 pm
Yes, and not turn things like common recessions and depressions into "great" events for the history books.
I, too, tire of exaggeration, but 2008 was more extreme than most. The negative effects are still being felt by many.
by spammagnet
Fri May 31, 2019 1:57 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 173384

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

<snip> Atilla wrote: It was a depressing period, but looking back at our net worth back then, it looks like a blip. ... Rus In Urbe wrote: +1 Blip yes! ... spammagnet wrote: It was less like a blip for young people graduating into the recession. They had no investments to watch as they plummeted bu...
by spammagnet
Thu May 30, 2019 10:27 am
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 346
Views: 173384

Re: I can't believe I am thinking this [Panic and Survival 2008-09]

<snip> Atilla wrote: It was a depressing period, but looking back at our net worth back then, it looks like a blip. ... +1 Blip yes! ... It was less like a blip for young people graduating into the recession. They had no investments to watch as they plummeted but they had plenty of other stuff to w...
by spammagnet
Tue May 28, 2019 11:48 pm
Forum: Investing - Theory, News & General
Topic: Delaying social security = harming nest egg?
Replies: 74
Views: 6492

Re: Delaying social security = harming nest egg?

As as "young" person (not yet 40), I am inclined to be of the mind-set of "Get as much out of SS as early as possible, in case there are cuts to the program or in case I die early." If you're married, your spouse has a longer life expectancy and your income was higher, your spouse's financial well-...
by spammagnet
Tue May 28, 2019 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

VictoriaF wrote:
Tue May 28, 2019 8:14 am
Attention: IHG Point Breaks for June, July, and August 2019 go live today, 28 May 2019 at 12 noon. See https://www.ihg.com/rewardsclub/content ... ointbreaks.
Is this a regular event?
by spammagnet
Tue May 28, 2019 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

... The Ink cards don’t work for me as they are business cards. ... There is little to prevent you from opening business cards as a sole proprietor, using your SSN as tax ID. It is a common approach. Chase really doesn't care as long as you pay for what you spend. An added advantage is that busines...
by spammagnet
Mon May 27, 2019 11:15 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12796

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

Ours is 40% stock / 60% bonds. When I start drawing SS at 70, we'll flip that to 60% stock / 40% bonds. My wife and I have approximately equal retirement accounts. Because I'm deferring my SS to 70 (I'm 63) and I'm retiring before her, we'll basically deplete my retirement accounts in that time. Tha...
by spammagnet
Mon May 27, 2019 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Estate Planning question risk of DNA services with half brother relatives filing against estate
Replies: 48
Views: 3964

Re: Estate Planning question risk of DNA services with half brother relatives filing against estate

retire2022 wrote:
Mon May 27, 2019 7:16 pm
Nevertheless I agree with your concept giving to friends have more value than family, that is an American thing, which my biological parent has issue with.
It's your money to give away, not your biological parent's. But, of course, that's a cultural thing.
by spammagnet
Mon May 27, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Completely freaked out about withdrawing from retirement accounts....
Replies: 75
Views: 10490

Re: completely freaked out about withdrawing from retirement accounts....

goingup wrote:
Mon May 20, 2019 9:10 am
The reality will hit when it's time to sell equity positions. That will test my composure!
Just think of it as a rebalancing exercise. :D
by spammagnet
Mon May 27, 2019 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Blended Family Issues and Keeping Things Equal
Replies: 38
Views: 3369

Re: Blended Family Issues and Keeping Things Equal

... I have a 1.2 million dollar life insurance policy on myself and my only concern is making sure my two original kids would get their fair share of stuff if I die. So currently here is how I have things set up in case I die with life insurance 300k to my mom (she will give to child 1 from origina...
by spammagnet
Mon May 27, 2019 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Maxifi planner
Replies: 52
Views: 9697

Re: Maxifi planner

BobK, you seem to know quite a bit about this product — are you affiliated with the company? An experienced user? I gave the link a quick try and ran into some problems from the getgo. For instance, I am already retired (at age 59, in 2018) but it did not let me enter this. Don’t see any details on...
by spammagnet
Mon May 27, 2019 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Parent's Home In Need of Major Repairs
Replies: 44
Views: 4151

Re: Elderly Parent's Home In Need of Major Repairs

Seems like your father wants to burden you with a house that’s falling apart. If he wants to give it away, why not give it away now? He could. However it would still need some upgrades in order to maximize its value. The COL in this area continues to rise So, he gives it to you and siblings, you wr...
by spammagnet
Mon May 27, 2019 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly Parent's Home In Need of Major Repairs
Replies: 44
Views: 4151

Re: Elderly Parent's Home In Need of Major Repairs

Thank you for the ideas! He is in agreement with renting it out. He lives a comfortable retirement by his standards and really wants to keep the home for now as a family wealth building tool. The housing market in DC continues to rise and will likely continue as Amazon is building a headquarters in...
by spammagnet
Mon May 27, 2019 11:29 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4011
Views: 743731

Re: What's Your Credit Card Rewards Strategy?

Add Duck's Unlimited for 5% gas to that recommendation and you have most everything covered. If you live in an area served by Publix grocery stores, buy your groceries on gas card weekends ($50 gas gift card for $40) using a card that pays extra for grocery purchases. We accumulate our grocery purc...
by spammagnet
Sun May 26, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Maxifi planner
Replies: 52
Views: 9697

Re: Maxifi planner

FYI - MaxifiPlanner release notes: May 24, 2019 "Improved "The May 24, 2019 update to MaxiFi implemented a major redesign of how we handle capital gains on taxable assets in the regular asset account and capital gains on bequests. In the past, we realized future capital gains as they were accrued, i...