Search found 667 matches

by spammagnet
Mon Oct 16, 2017 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

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: 20880

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: 41
Views: 3050

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: 20880

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...
by spammagnet
Sun Oct 15, 2017 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 136
Views: 20880

Re: 30,000 in Checking Account

GridironGems wrote:
Sun Oct 15, 2017 7:22 pm
15% Federal
4.9% State
That information will influence investment advice by others. Perhaps it was already revealed in other responses. I didn't see it.
by spammagnet
Sun Oct 15, 2017 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: 30,000 in Checking Account
Replies: 136
Views: 20880

Re: 30,000 in Checking Account

GridironGems wrote:
Thu Aug 17, 2017 10:22 pm
...Tax Rate: xx% Federal, xx% State (Not sure)
State of Residence: Kansas
Look up your annual salary in the IRS tables linked below to find your marginal federal tax rate.
taxfoundation.org - 2017-tax-brackets

Do the same here for your state tax rates
ksrevenue.org - tax rates
by spammagnet
Sun Oct 15, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Maximizing a couples benefits
Replies: 35
Views: 2520

Re: Social Security - Maximizing a couples benefits

We don't know what will happen but we have a pretty good idea about the likelihood of what will happen. Agreed -- but given the devastating impact of a surviving spouse being left with very little income, even an unlikely outcome has to be considered in planning. That is the likelihood I referred t...
by spammagnet
Sun Oct 15, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - Maximizing a couples benefits
Replies: 35
Views: 2520

Re: Social Security - Maximizing a couples benefits

delamer wrote:
Sun Oct 15, 2017 3:49 pm
My point is that you never know.
We don't know what will happen but we have a pretty good idea about the likelihood of what will happen.
by spammagnet
Sun Oct 15, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: So I did this...Capital One Money Market $200 bonus
Replies: 11
Views: 1017

Re: So I did this...Capital One Money Market $200 bonus

bogglizer wrote:
Sun Oct 15, 2017 12:30 pm
Oh, definitely worth it, as far as the money goes. But there is the overhead of time wasted and added stress of debt. ...
True, that. Some have described bonus-chasing as a low-paying part-time job.
by spammagnet
Sun Oct 15, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

... I have a card similar to spammagnet's wife's. It's a Chase card, one of my oldest cards, and I have not used it for several years. I have been assuming that Chase would give me an advanced warning before closing it. ... I should add that, not only was there no warning, there was no recourse. Th...
by spammagnet
Sun Oct 15, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Social Security - Maximizing a couples benefits
Replies: 35
Views: 2520

Re: Social Security - Maximizing a couples benefits

... I purchased Maximize My Social Security and was very satisfied with the product: https://maximizemysocialsecurity.com/. ... I think it was $140 for a one-year subscription. There are free alternatives but I concur with the recommendation. The cost is $40/yr, not $140/yr. Purchase page, Maximize...
by spammagnet
Sun Oct 15, 2017 10:28 am
Forum: Personal Finance (Not Investing)
Topic: So I did this...Capital One Money Market $200 bonus
Replies: 11
Views: 1017

Re: So I did this...Capital One Money Market $200 bonus

... Unfortunately right now I don't have the cash, and would have to borrow off of a HELOC. Does 100% certainty of return not justify the small short-term use of borrowed funds? Borrow enough extra that you have cash on hand to pay the minimum required HELOC payments, until you can take the money o...
by spammagnet
Sun Oct 15, 2017 10:26 am
Forum: Personal Finance (Not Investing)
Topic: So I did this...Capital One Money Market $200 bonus
Replies: 11
Views: 1017

Re: So I did this...Capital One Money Market $200 bonus

... they make it very clear that this deal was only for those that get the letter - it's at www.capitalone.com/grow200austin... Yet many people who didn't get the letter, me included, signed up and got the $400 bonus. I made no false claims in my address. To my recall, it did not require a statemen...
by spammagnet
Sun Oct 15, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

If you want to keep the accounts open ... ... A person is welcome to keep or close as many cards as they do or don't want to deal with. Which is why I wrote "If you want to ...". It's somewhat of a pain to keep track of a lot. I keep dormant accounts open only if they're old and contribute to a des...
by spammagnet
Sun Oct 15, 2017 9:32 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

I have several cards that have been sitting without purchases for several years. Do I have to enliven them? Chase closed an inactive account held by DW, without warning. It was her oldest account, overall. If you want to keep the accounts open (for average age of account, if nothing else) I suggest...
by spammagnet
Sun Oct 15, 2017 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Please help a rookie with my portfolio
Replies: 8
Views: 777

Re: Please help a rookie with my portfolio

So after more research into the both SURS accounts, her SURS account IS a defined benefit plan, so you are correct, she has no fund choices. While use of the SURS is well in the future, it would behoove you to understand how benefits are calculated. Typically they're based on your highest three yea...
by spammagnet
Sat Oct 14, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: inservice rollover to IRA?
Replies: 7
Views: 374

Re: inservice rollover to IRA?

Since there seems to be no advantage with respect to liability, and because the investment options with Fidelity are as good as what I can get from the employer accounts, convenience wins. I'll roll over the balance and explore whether new contributions can be rolled over automatically. If not, I'll...
by spammagnet
Sat Oct 14, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: inservice rollover to IRA?
Replies: 7
Views: 374

Re: inservice rollover to IRA?

Spirit Rider wrote:
Sat Oct 14, 2017 1:49 am
I would add that since apparently the matching contributions went to the 401a, this 403b may not be an ERISA qualified plan.
It's fully-qualified.
by spammagnet
Sat Oct 14, 2017 12:41 am
Forum: Investing - Help with Personal Investments
Topic: inservice rollover to IRA?
Replies: 7
Views: 374

Re: inservice rollover to IRA?

JBTX wrote:
Sat Oct 14, 2017 12:24 am
If you live in a state with good creditor protections, it may not really make any difference which route you go.
Florida?
by spammagnet
Fri Oct 13, 2017 11:19 pm
Forum: Investing - Help with Personal Investments
Topic: inservice rollover to IRA?
Replies: 7
Views: 374

inservice rollover to IRA?

Hello. Having passed my employer's full retirement age I am eligible for an in-service withdrawal of all funds from both my voluntary 403b and matching 401a held by Lincoln Financial Group. I'm considering consolidating them with an existing tIRA at Fidelity. Other than our respective employer accou...
by spammagnet
Fri Oct 13, 2017 10:18 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4378

Re: Which Streaming Service/Live TV?

We cut cable and we now: ... 3) ... PBS (costs $5 per month to get access to everything) ... Where do you subscribe to PBS? I don't see it available as a service. I do have a login as a result of supporting my local station, but I don't think that would provide subscription benefits. It does. The $...
by spammagnet
Fri Oct 13, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: Which Streaming Service/Live TV?
Replies: 53
Views: 4378

Re: Which Streaming Service/Live TV?

dcabler wrote:
Wed Oct 11, 2017 1:27 pm
We cut cable and we now:
...
3) ... PBS (costs $5 per month to get access to everything) ...
Where do you subscribe to PBS? I don't see it available as a service. I do have a login as a result of supporting my local station, but I don't think that would provide subscription benefits.
by spammagnet
Fri Oct 13, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Best bank for managing accounts from different entities, trusts, businesses, etc....
Replies: 15
Views: 1458

Re: Best bank for managing accounts from different entities, trusts, businesses, etc....

... Adding high level of banking security in lieu of the equifax breach. Other than there being the perception of high security through 2FA logins, etc., how can you really know how secure the back end is? I doubt that the Equifax breach was the result of someone logging into a public-facing web pa...
by spammagnet
Fri Oct 13, 2017 9:38 pm
Forum: Investing - Help with Personal Investments
Topic: Please Criticize my Funds.
Replies: 27
Views: 2121

Re: Please Criticize my Funds.

Bradley37 wrote:
Fri Oct 13, 2017 9:07 pm
What is OP? Forgive my asking.
Original Poster. Forum-speak abbreviation for the person who initiated the topic/question.

Wiki: Abbreviations and Acronyms
by spammagnet
Thu Oct 12, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve 50k points for private banking checking relationship
Replies: 12
Views: 1524

Re: Chase Sapphire Reserve 50k points for private banking checking relationship

There is no aum since the money is being held as cash. My intention is to cut off that relationship once 3 months expire. Confirm that you can close it in 3 months without them clawing back the bonus. It may be that you can reduce the balance in three months, but can't close it for 6 months. That i...
by spammagnet
Thu Oct 12, 2017 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Tradelines
Replies: 36
Views: 1825

Re: Selling Tradelines

From http://www.thetruthaboutcreditcards.com/the-credit-score-black-market-buying-and-selling-trade-lines: "Credit brokers essentially connect people with good to great credit who are willing to add authorized users to their credit cards and other financial accounts to people who lack credit histor...
by spammagnet
Wed Oct 11, 2017 11:03 pm
Forum: Investing - Help with Personal Investments
Topic: Please Criticize my Funds.
Replies: 27
Views: 2121

Re: Please Criticize my Funds.

... I'm already contributing 18K to both 403b and 401k. Can i contribute 18K to each of these accounts? $18K is an annual total limit, across all accounts. When you hit age 50 you can go up to $24K. Another type of employer-sponsored account (457b) has a separate additional limit but if your employ...
by spammagnet
Wed Oct 11, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 5522

Re: Anesthesiologist Advise [how to save money]

... This is my 3rd month working and it seems like i am living paycheck to paycheck (and credit cards). Start a budget immediately, not so much to impose Draconian frugality but more to get a clear picture of what you're spending, and where. You may find surprises that are easy to fix. It will also...
by spammagnet
Wed Oct 11, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

You may find https://www.reddit.com/r/churning/ is entertaining. Dear god... :shock: That's not an endorsement. I was directing my comment more to spending a rainy day reading lots of traffic on the topic. I am personally "churning" some accounts, but in a limited way. The term seems a bit exaggera...
by spammagnet
Wed Oct 11, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

bluerafters wrote:
Wed Oct 11, 2017 6:45 am
This’ll be interesting reading for a rainy day. ...
You may find https://www.reddit.com/r/churning/ is entertaining.
by spammagnet
Thu Oct 05, 2017 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity: can no longer use first initial, middle name
Replies: 30
Views: 2508

Re: Fidelity: can no longer use first initial, middle name

I personally have a strong preference to have my name presented in a form with no honorific at all, yet dozens of websites force me to choose from a list (Mr/Ms/Mrs/Miss/Dr/Rev, etc. etc.), do not offer a "none" option, and will not accept the form unless I pick one. I ran into that the other day o...
by spammagnet
Thu Oct 05, 2017 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity: can no longer use first initial, middle name
Replies: 30
Views: 2508

Re: Fidelity: can no longer use first initial, middle name

I was affected by this. My Fidelity accounts all were first initial, middle name, last name. They unilaterally changed. I didn't waste any effort arguing the point once informed why. I don't doubt that some national regulation requires it. It doesn't make it any less annoying that someone else shoul...
by spammagnet
Thu Oct 05, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3121

Re: We're Debt Free (Except our House)!

cashisking500 wrote:
Tue Oct 03, 2017 11:40 am
I feel kind of weird bragging about this to anyone else outside of BH, so I'm excited to share that we are debt free except for our house.
Congratulations. I recall that feeling, and it's good. I currently do have a car loan, but it's elective and soon will be paid off.
by spammagnet
Thu Oct 05, 2017 11:27 am
Forum: Personal Finance (Not Investing)
Topic: We're Debt Free (Except our House)!
Replies: 34
Views: 3121

Re: We're Debt Free (Except our House)!

The only non-mortgage debt we have currently is my 2016 truck. I have been paying way over the normal payment but have been contemplating using some of my emergency fund + tax refund to pay it off next February, then replenish the fund with what I was paying on the truck monthly. That would leave u...
by spammagnet
Thu Oct 05, 2017 7:07 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

... Question: are there any tricks/things to know regarding using up the balance in its entirety? Do you have to know the exact dollar amount left to do that? Have never used a generic VGC before. If paying at a POS terminal, they typically have the facility to pay part with one card and the remain...
by spammagnet
Thu Oct 05, 2017 12:02 am
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance is enough?
Replies: 11
Views: 1011

Re: How much term life insurance is enough?

Consider using ESPlanner. One of the things it does is to project the amount of life insurance needed on each adult to assure survivors the same standard of living in the event of untimely death. The immediate lump sum payout might make somebody feel rich but it is calculated to only replace the pre...
by spammagnet
Tue Oct 03, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card budget
Replies: 10
Views: 1064

Re: Credit card budget

I suspect your personal observations apply to the majority of cardholders who spend their money mindfully. I also suspect those mindful spenders are a small minority of cardholders.
by spammagnet
Sun Oct 01, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

DoomAndGloom has it right. CSP gets 2% only on dining and travel. CF complements that with 5% on rotating categories and CFU does with 1.5% on everything not covered by the other two. For no additional annual fee, you get a lot more bonus rewards on your spending that are valuable when redeemed for...
by spammagnet
Sun Oct 01, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay down some credit card debt?
Replies: 19
Views: 1145

Re: Should I pay down some credit card debt?

OP, the existence of credit card debt suggests you have a spending problem. However, the existence of $45K in savings suggests you are capable of managing your money but perhaps made unwise decisions about carrying the debt. If you're confident that you will pay it off monthly, don't destroy them. C...
by spammagnet
Sun Oct 01, 2017 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2243
Views: 391242

Re: What's Your Credit Card Rewards Strategy?

Thanks! It actually looks like the Chase Sapphire Preferred would be better for me. No problem. It also pairs well with a Freedom or Freedom Unlimited: they both earn UR points that you can freely transfer to the Sapphire Preferred. I don't understand the "pairs well" part. What's the point of keep...
by spammagnet
Sat Sep 30, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Budgets: how do you track irregular income and expenses
Replies: 35
Views: 2348

Re: Budgets: how do you track irregular income and expenses

I'll blow the YNAB horn but you don't need YNAB to do this: for predictable expenses, whatever the frequency, I accumulate a little each month so the amount designated towards each expense reaches the desired amount by the time it rolls around. That is often described as envelope accounting but accr...
by spammagnet
Thu Sep 28, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3775

Re: Tax saving strategies for DINKs

livesoft wrote:
Thu Sep 28, 2017 1:33 pm
We've covered this ground many times before. ...
Sorry to have rehashed an old topic.
by spammagnet
Thu Sep 28, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46038

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

knpstr wrote:
Thu Sep 28, 2017 12:15 pm
Mine updated flawlessly.
As did mine. Perhaps we were lucky.
by spammagnet
Thu Sep 28, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3775

Re: Tax saving strategies for DINKs

^I'm suggesting that they act like I do: Never have any cash in a taxable account. When one is wealthy or has good cash flow like the OP, then cash is absolutely not necessary. For instance, I sold some VTI recently to pay some credit card bills. Does that not create a risk of capital loss? The X% ...
by spammagnet
Tue Sep 26, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken's future direction - a cause for concern
Replies: 388
Views: 46038

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

You need a new ID. It's simply a transition from the ID being used within Quicken formerly being hosted on Intuit.com, former owners of Quicken, to Quicken.com, the new owners of Quicken after it was sold.
by spammagnet
Sun Sep 24, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 6135

Re: Spouse Money Management

Any advice on how you make it work? If you have different financial goals, how do you resolve that? What is the real question here? Are you considering marriage or a committed cohabitation relationship, and are unsure whether her current spending habits foretell financial incompatibility? It's a re...
by spammagnet
Sat Sep 23, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2 decision
Replies: 7
Views: 555

Re: 1099 vs W2 decision

I would add one additional point based on your most recent reply. Basic economics states that the market value of a product and/or services is not expressly dependent on the cost of those goods and/or services. You are certainly entitled to set and/or accept a lower rate based on the fact that your...
by spammagnet
Sat Sep 23, 2017 1:24 am
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2 decision
Replies: 7
Views: 555

Re: 1099 vs W2 decision

I understand all of the benefit aspects, including paid vacation and holidays. I have access to equivalent healthcare and other benefits at similar cost through my wife's employer. I don't know whether or not it's a good decision, financially. I'm looking for a way to quantity the cash and tax-defer...
by spammagnet
Fri Sep 22, 2017 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: anyone use debitize.com?
Replies: 2
Views: 367

Re: anyone use debitize.com?

I've never heard of it before but just looked at the web site. Since you're required to link it to a funding account, why not just set up your credit card for automatic payment to the same funding account? If you pay it off every month (set it to pay the statement balance) you won't go into debt. I ...
by spammagnet
Fri Sep 22, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2 decision
Replies: 7
Views: 555

1099 vs W2 decision

I have an opportunity to leave my W2 job to become a 1099 consultant. I'm a couple of years out (maybe less) until retirement. Becoming a consultant now allows me to establish connections in the field before I retire. That could make occasional temporary gigs easier to find, if I chose to pursue int...