Search found 325 matches

by Pete12
Wed May 06, 2020 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Keep debit card locked at all times?
Replies: 36
Views: 2732

Re: Keep debit card locked at all times?

In fairness to Chase I received a credit this morning for the transaction, so I was out of pocket for only 3 days. Still without an ATM card though and waiting for replacement to arrive. This is a situation where I feel an ounce of prevention is worth a pound of cure... so will be keeping debit card...
by Pete12
Mon May 04, 2020 10:33 pm
Forum: Personal Finance (Not Investing)
Topic: Keep debit card locked at all times?
Replies: 36
Views: 2732

Re: Keep debit card locked at all times?

Chase ATM card: https://i.ibb.co/m96L8BF/Chase-ATM-card.jpg Ask again at Chase if you have a checking account. Since there is an ATM card available for Sapphire checking, I can't see any reason they wouldn't have an ATM only card for the other checking accounts they offer. Thanks, I will ask them a...
by Pete12
Mon May 04, 2020 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Keep debit card locked at all times?
Replies: 36
Views: 2732

Re: Keep debit card locked at all times?

I wouldn't waste my time locking it. There's just so little risk with cards; especially one you hardly use and only at select locations. Would a $500 (1000?) disputed charge really be that big an inconvenience to you (not an annoyance, but an actual inconvenience)? Much ado about nothing. Yes it co...
by Pete12
Mon May 04, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Keep debit card locked at all times?
Replies: 36
Views: 2732

Re: Keep debit card locked at all times?

Great points all, I might try locking the card and see if it still works at the ATM. If so, it's a no brainer and a home run!
by Pete12
Mon May 04, 2020 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Keep debit card locked at all times?
Replies: 36
Views: 2732

Keep debit card locked at all times?

At the weekend a charge was made on my Chase debit card at a Chipotle restaurant in Newport Beach, California. It clearly wasn’t me as I live several time zones away and staying home due to Covid 19! Chase are making me jump through hoops to dispute the charge. After calling and waiting on hold over...
by Pete12
Tue Mar 24, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: Costco Senior hour Tue and Thur
Replies: 70
Views: 5735

Re: Costco Senior hour Tue and Thur

This is all great information thank you everyone. I was thinking of going to Costco this week but wasn’t sure what the situation is. Please keep posting your experiences and I will do the same once I’ve been!
by Pete12
Sun Mar 22, 2020 8:55 pm
Forum: Investing - Theory, News & General
Topic: Will the Dow ever see 29500 again?
Replies: 86
Views: 8666

Re: Will the Dow ever see 29500 again?

And if so, how long til we get back to the peak? Seems like if it keeps dropping significantly the harder it will be to get back to peqk levels. 10 years? I'm pretty bummed that I only started to max out retirement accounts the last few years at all time highs and might not be able to contribute at...
by Pete12
Fri Mar 13, 2020 8:03 am
Forum: Personal Investments
Topic: Hit my rebalance band but stocks are set to surge today- Should I hold off?
Replies: 9
Views: 836

Re: Hit my rebalance band but stocks are set to surge today- Should I hold off?

What does your IPS say? Mine says rebalance no more than once per month. I rebalanced on Monday so that’s it for me for now.
by Pete12
Mon Mar 09, 2020 9:34 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41829

Re: The Calm Post - Stay the course thread.

This morning I popped open my little spreadsheet where I track my AA. Updated my balances from Friday. Re-read my IPS. Saw that my AA was off around 5%. Placed a couple of orders with Fidelity to re-balance 401k, then headed over to Vanguard to place two TLH orders in taxable. Ahhh the Boglehead way...
by Pete12
Fri Mar 06, 2020 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Deck construction impact on appraisal
Replies: 7
Views: 663

Re: Deck construction impact on appraisal

I imagine that so long as you have proper building permits and are building the deck to code then the fact it’s under construction won’t hurt your appraisal.
by Pete12
Fri Mar 06, 2020 10:23 am
Forum: US Chapters
Topic: Where is Livesoft!?
Replies: 147
Views: 27552

Re: Where is Livesoft!?

As I said before, livesoft has earned a well deserved break from this forum. My hunch tells me that he is alive, well and is enjoying life as he sees fit. My guess: livesoft is lurking among us under another username. Or taking a mental health break. Either way I do miss the pithy observations but ...
by Pete12
Tue Mar 03, 2020 3:13 pm
Forum: Investing - Theory, News & General
Topic: What if Fed cut doesn't work?
Replies: 137
Views: 6490

Re: What if Fed cut doesn't work?

In before the lock!
by Pete12
Fri Feb 28, 2020 1:55 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41829

Re: The Calm Post - Stay the course thread.

The markets this week are proving to be a good test of my asset allocation. I’m in my mid 40s so still plenty of time before retirement. Two weeks ago (last time I looked) I was at about 75/25. I haven’t peeked this week, I am sure the AA has drifted somewhat. I usually only look around the 15th of ...
by Pete12
Fri Feb 28, 2020 11:50 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41829

Re: The Calm Post - Stay the course thread.

All the noise this week isn't going to change my routine all that much. Still planning on mixing my usual 5pm Friday martini today. Although maybe I will use Bombay Sapphire instead of Tito's for a change... :sharebeer Just say no to vodka "martinis". Real martinis use gin. Come to think of it I ma...
by Pete12
Fri Feb 28, 2020 11:19 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41829

Re: The Calm Post - Stay the course thread.

Thank you for starting this thread! A great reminder to tune out the short term noise. A while ago I made a Jack Bogle meme and I have it as the wallpaper on my computer... it is helpful to stay focused: https://i.postimg.cc/ncWqkhTV/Stay-the-course.jpg I love that! All the noise this week isn't go...
by Pete12
Wed Feb 26, 2020 9:12 am
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 492
Views: 41829

Re: The Calm Post - Stay the course thread.

Thank you for starting this thread! A great reminder to tune out the short term noise. A while ago I made a Jack Bogle meme and I have it as the wallpaper on my computer... it is helpful to stay focused:

Image
by Pete12
Wed Feb 19, 2020 10:32 pm
Forum: Personal Investments
Topic: Fidelity Solo 401(k): can’t roll out?
Replies: 5
Views: 361

Re: Fidelity Solo 401(k): can’t roll out?

I opened a Fidelity Solo 401k a few years ago and successfully direct rolled over two IRAs it, a SEP IRA from my current self employment and a Rollover IRA which contained money from a previous employer 401k plan. Last year I restated my 401k plan using solo401k.com, opened a non prototype retiremen...
by Pete12
Tue Feb 18, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: Potential sue - Loss of money
Replies: 128
Views: 12373

Re: Potential sue - Loss of money

We were in a similar situation a few years ago so I know what you are going through. We built an extension on the back of our house. Did everything by the book. Architect submitted drawings to the buildings department which were approved. We filed for all required permits, and we had all the work in...
by Pete12
Fri Feb 14, 2020 10:35 pm
Forum: Personal Consumer Issues
Topic: How are you spending Valentine's day?
Replies: 64
Views: 3890

Re: How are you spending Valentine's day?

Fletch wrote:
Fri Feb 14, 2020 7:48 pm
Talked to daughter after her first colonoscopy. Said she was aware of everything that went on. Crappy anesthesiologist! :annoyed
Yikes!
by Pete12
Fri Feb 14, 2020 3:26 pm
Forum: Personal Consumer Issues
Topic: How are you spending Valentine's day?
Replies: 64
Views: 3890

Re: How are you spending Valentine's day?

Ribeyes on the grill. Has become tradition after being disappointed a couple times at local steakhouses. Totally agree homemade steaks are usually better than steaks eaten out (and a fraction of the price.) Costco steak (USDA choice is absolutely fine for ribeyes), seared to perfection in the cash ...
by Pete12
Fri Feb 14, 2020 2:59 pm
Forum: Personal Consumer Issues
Topic: How are you spending Valentine's day?
Replies: 64
Views: 3890

Re: How are you spending Valentine's day?

StevieG72 wrote:
Fri Feb 14, 2020 2:25 pm
I am spending the day at the hospital, kiddo had an elective surgery at 7:30am. We will be here a few days.
These kids will have no idea what they put us through until they have kids of their own.... best wishes for a speedy recovery
by Pete12
Fri Feb 14, 2020 12:03 pm
Forum: Personal Consumer Issues
Topic: How are you spending Valentine's day?
Replies: 64
Views: 3890

How are you spending Valentine's day?

I just enjoyed a romantic lunch of a PB&J sandwich with my wife. The sandwich was delicious and the company was great. This evening we are going for a family dinner at a reasonably fancy local restaurant, the type of place where jackets are recommended but not mandatory. Both meals I think can be 10...
by Pete12
Fri Feb 07, 2020 9:53 am
Forum: Investing - Theory, News & General
Topic: Fidelity business model. I don’t understand.
Replies: 82
Views: 8654

Re: Fidelity business model. I don’t understand.

- every time you call fidelity, no matter the reason, they 'gently push' something. Like, would you like me to transfer you to our advisors, or would Something similar just happened to me yesterday. I was at the local Fidelity branch to drop off a 401k contribution check. I usually mail them but I ...
by Pete12
Thu Feb 06, 2020 6:33 pm
Forum: Personal Consumer Issues
Topic: Do you buy plastic bags for your home trash bins?
Replies: 99
Views: 7173

Re: Do you buy plastic bags for your home trash bins?

We buy bags only for the kitchen garbage and use the Kirkland Signature 13 gallon bags from Costco. For all other garbage receptacles in the house (i.e. bathrooms, home office, laundry room) we use shopping bags.
by Pete12
Thu Feb 06, 2020 6:27 pm
Forum: Personal Consumer Issues
Topic: What is the best concert you ever witnessed?
Replies: 385
Views: 27380

Re: What is the best concert you ever witnessed?

Paul McCartney last year. The guy is in his mid seventies and he sang for almost 3 hours without a break. A true legend.
by Pete12
Thu Feb 06, 2020 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: IRS EIN for family reunion banking account?
Replies: 12
Views: 885

Re: IRS EIN for family reunion banking account?

Don’t overthink this. Use your own bank account. As noted, check that homeowners and/or umbrella insurance is up to date.
by Pete12
Thu Feb 06, 2020 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Accidentally triggered Roth conversion pro-rata rule... now what?
Replies: 10
Views: 1091

Re: Accidentally triggered Roth conversion pro-rata rule... now what?

It is allowed to do the Roth conversion first, however it can be a bit of a gamble. If the 401k refuses the IRA rollover at the last minute, you can no longer reverse your Roth conversion....and you end up back where you started with an IRA with both pre-tax money and basis combined. That is why it...
by Pete12
Thu Feb 06, 2020 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Accidentally triggered Roth conversion pro-rata rule... now what?
Replies: 10
Views: 1091

Re: Accidentally triggered Roth conversion pro-rata rule... now what?

What you can do is roll everything but $5,827 into the 401k and convert the $5,827 to Roth IRA. Make sure that at least $5,827 is left in your IRA when you do the rollover - leave a little extra or exchange it all into money market before the move. If less than $5,827 is left in the IRA then you ha...
by Pete12
Wed Feb 05, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Accidentally triggered Roth conversion pro-rata rule... now what?
Replies: 10
Views: 1091

Re: Accidentally triggered Roth conversion pro-rata rule... now what?

Thanks so much to both of you, this is hugely helpful and has prevented me from making another slip up. I feel so stupid as I am usually on top of these things... c'est la vie...

I told my wife I am NEVER moving house again...!

All the best,
Pete
by Pete12
Wed Feb 05, 2020 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Accidentally triggered Roth conversion pro-rata rule... now what?
Replies: 10
Views: 1091

Re: Accidentally triggered Roth conversion pro-rata rule... now what?

I should also note that my plan allows in-service distributions of the profit sharing and rollover balances once reaching age 45, which I have.
by Pete12
Tue Feb 04, 2020 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Accidentally triggered Roth conversion pro-rata rule... now what?
Replies: 10
Views: 1091

Re: Accidentally triggered Roth conversion pro-rata rule... now what?

It appears from earlier posts that you are in your 40's, so not yet 59.5. There can be sources of pre-tax money in a 401k that are eligible for rollover. It is possible that is what you did instead of rolling over your elective deferrals which is not allowed at your age. My first impression was tha...
by Pete12
Tue Feb 04, 2020 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Accidentally triggered Roth conversion pro-rata rule... now what?
Replies: 10
Views: 1091

Accidentally triggered Roth conversion pro-rata rule... now what?

:oops: In January 2019 I made my annual back door Roth IRA contribution. I contributed $6,000 to a traditional IRA as a non-deductible contribution. Immediately converted it to a Roth IRA. At the time, no tax would be owed on the conversion as I had no other pre-tax IRA balances at the time. All fin...
by Pete12
Thu Jan 30, 2020 7:28 am
Forum: Investing - Theory, News & General
Topic: Fidelity business model. I don’t understand.
Replies: 82
Views: 8654

Re: Fidelity business model. I don’t understand.

It’s like the $4.99 rotisserie chicken at Costco. It gets people in the door and they may buy something else while they are there. I don’t suppose Fidelity makes that much money off their index funds alone but I am sure they are at least covering their costs. Full disclosure: all my retirement funds...
by Pete12
Sat Jan 25, 2020 9:22 am
Forum: Personal Consumer Issues
Topic: Mechanics of maintaining two homes
Replies: 37
Views: 3542

Re: Mechanics of maintaining two homes

We mostly keep two sets of everything including toiletries. The only things we bring to the beach house on a typical weekend are a bag of clothes, a good book, first aid kit, and a cooler with whatever food I am bringing for the weekend. Beach house is 90 minutes drive from home.
by Pete12
Sat Jan 25, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: Sharing a Business Class Seat
Replies: 51
Views: 4468

Re: Sharing a Business Class Seat

My family have shared business class seats many times. My wife travels a lot for work so has status on several airlines. Often when the family is traveling together she gets upgraded to business class while the rest of us are in the back! In this situation we will take turns sitting up front. We don...
by Pete12
Thu Jan 16, 2020 1:39 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18140

Re: Who’s Buying Bitcoin?

John C. Bogle: “Avoid Bitcoin like the plague. Did I make myself clear?”
by Pete12
Wed Jan 15, 2020 10:08 pm
Forum: Personal Investments
Topic: Who’s Buying Bitcoin?
Replies: 307
Views: 18140

Re: Who’s Buying Bitcoin?

Simple answer from me: 0% of my portfolio in cryptocurrencies allocated as follows:

0% to bitcoin
0% to ethereum
0% to Litecoin

Best of luck,
Pete
by Pete12
Wed Jan 15, 2020 8:50 am
Forum: Investing - Theory, News & General
Topic: Value of Active and Ongoing Reading of the Bogleheads Forums
Replies: 104
Views: 9214

Re: Value of Active and Ongoing Reading of the Bogleheads Forums

I spend 5 to 10 mins per day and have a scan through the posts, there are always one or two that pique my interest. At this point my IPS is set but as I get older I am sure I will need more guidance. I don’t read any posts on “How much international?”, “Should I pay down my mortgage?”, or “Vanguard ...
by Pete12
Sun Dec 29, 2019 11:40 pm
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

what was the ultimate resolution? Have you been living with it? Hi I have been meaning to post an update... thank you for the prompt! We have been living in the house about three weeks now. The water is definitely usable in most situations. Having three showers on does present lower flow although i...
by Pete12
Fri Nov 15, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Romantic northeast winter weekend getaway?
Replies: 28
Views: 3446

Re: Romantic northeast winter weekend getaway?

dognose wrote:
Wed Nov 13, 2019 11:15 pm
Stay home, light a fire in the fireplace, and snuggle up with a book by Jack Bogle. What could be more romantic?
+1000!!! :mrgreen:
by Pete12
Fri Nov 01, 2019 9:23 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

He recommended that after we close on the house we immediately sign up for the city's water line insurance ($5/month), wait 30 days for it to kick in, then call the city to file a complaint about the pressure. If they investigate and find it's a problem with our line, the replacement would be cover...
by Pete12
Thu Oct 31, 2019 12:07 pm
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

We are in the process of negotiating the contract. We got a very good deal on the house, the seller isn't going to give us another penny off the price. Other than the question on the water line the house is in very good shape according to our engineer. I will investigate the water line insurance fur...
by Pete12
Thu Oct 31, 2019 9:39 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

Thank you everyone for your responses, I am very grateful for all the expertise and experience. I also spoke to a local plumber who was recommended to me. So the general consensus seems to be that the main factor is the incoming supply from the street. Either a blocked pipe, a faulty valve, or just ...
by Pete12
Wed Oct 30, 2019 3:30 pm
Forum: Personal Consumer Issues
Topic: Grinding sound when braking comes and goes in 2007 Hyundai Santa Fe GLS
Replies: 9
Views: 633

Re: Grinding sound when braking comes and goes in 2007 Hyundai Santa Fe GLS

We had a similar problem on a 2004 Hyundai Sonata. It was a warped rotor. Had it replaced and the issue went away..
by Pete12
Wed Oct 30, 2019 9:26 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

I still come back to the issue perhaps being a non-issue. Pressure is 60psi. Open up THREE shower heads and pressure is 20psi. Question - what did the engineer say it SHOULD have been with THREE shower heads running? As I stated earlier, I've never heard of anyone being able to take 3 showers at th...
by Pete12
Wed Oct 30, 2019 9:10 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

It is the service line being obstructed or an issue with the valve at the street level. Do the screens in the faucets need to be cleaned of sediment very often?? If it was the city water pressure then the neighbors water use would affect this house. Bill Thanks, we don't know about the faucet scree...
by Pete12
Wed Oct 30, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

Thanks everyone. To confirm, we have tested the pressure right at the water meter. It drops from 60psi to 20psi when all the showers are on. However it immediately goes back to 60psi when the showers are shut off. So does this sounds like a problem with the city water pressure rather than the servi...
by Pete12
Wed Oct 30, 2019 6:57 am
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

Thanks everyone. To confirm, we have tested the pressure right at the water meter. It drops from 60psi to 20psi when all the showers are on. However it immediately goes back to 60psi when the showers are shut off. So does this sounds like a problem with the city water pressure rather than the servic...
by Pete12
Tue Oct 29, 2019 3:49 pm
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

It may be a problem with the one inch copper into the house. Are you able to run a faucet near the meter and check the pressure? The pressure drop occurs along the length of 1/2 inch pipe but should not drop too much at the meter coming into the house. There may be some galvanized pipe between the ...
by Pete12
Tue Oct 29, 2019 2:03 pm
Forum: Personal Consumer Issues
Topic: Low water pressure/flow in house
Replies: 65
Views: 5059

Re: Low water pressure/flow in house

Thanks everyone. Unfortunately we don’t know the size and configuration of the pipes feeding the showers. As we don’t own the property yet we aren’t in a position to start opening up walls LOL My main concern at the moment is why the pressure at the meter drops off so much from 60psi with nothing ru...