Search found 85 matches

by djheini
Mon Apr 06, 2020 10:24 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 166
Views: 8530

Re: What percentage of your paycheck do you invest?

10-12% of gross (adjusted to come as close as possible to max) to traditional 401k
10% of gross (employer max) to after-tax 401k
~12% of gross (on average) to taxable investments
target of 50% of net bonuses/RSU distributions to taxable
by djheini
Sun Mar 29, 2020 9:28 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 78
Views: 6467

Re: Any Airlines Issuing Actual Refunds

Does Delta have a page showing all of their cancelled flights due to covid or do you get emails when they cancel? I have an international flight in May that I can proactively change or take a credit on. I'm trying to decide if it makes sense to wait for them to cancel it but I don't know what that ...
by djheini
Sun Mar 29, 2020 9:25 pm
Forum: Personal Consumer Issues
Topic: DOT: Airlines must offer refunds for cancelled flights (not just credits)
Replies: 78
Views: 6467

Re: Any Airlines Issuing Actual Refunds

I'm still wondering about challenging the credit card charges. Thoughts? I believe I have heard about people who do chargebacks on flights getting their frequent flier accounts suspended and/or getting blacklisted from future bookings on that airline. So it probably depends on how much you have/pla...
by djheini
Fri Feb 28, 2020 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 809
Views: 77898

Re: Refinance Mega Thread

Original: 3.875% ~$340k 30 year fixed from mid-2013 that I've been paying extra on recently (now down to about $275k after large payment from RSU vesting before I looked at rates/thought about refinancing) New in progress and locked: 2.875% 15 year fixed from a local bank for ~$275k. Looking like $...
by djheini
Fri Feb 28, 2020 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 809
Views: 77898

Re: Refinance Mega Thread

Original: 3.875% ~$340k 30 year fixed from mid-2013 that I've been paying extra on recently (now down to about $275k after large payment from RSU vesting before I looked at rates/thought about refinancing) New in progress and locked: 2.875% 15 year fixed from a local bank for ~$275k. Looking like $2...
by djheini
Thu Feb 27, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: Merrill vs Fidelity - Where to buy TSM Mutual Fund ?
Replies: 12
Views: 954

Re: Merrill vs Fidelity - Where to buy TSM Mutual Fund ?

Thanks everyone. I'm thinking to use Fidelity per the Fidelity as One Stop shop. I will use ITOT or VTI there and purchase manually. Does anyone know how long does it take to pull money from Bank of America to Fidelity brokerage account ? 3 days ? Boa to Merrill is immediate. The transferred money ...
by djheini
Fri Feb 21, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1488
Views: 204397

Re: Fidelity as a one stop shop

Kevin Thank you for your response on this. Actually I sold some FDLXX as soon as I saw a margin balance, because I did not want to risk paying interest, so I didn't allow time to see if it would have auto-redeemed to cover the debit (the debit being what I meant by "go on margin") I see the margin-...
by djheini
Fri Jan 31, 2020 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4611
Views: 887946

Re: What's Your Credit Card Rewards Strategy?

For the BOA Cash rewards credit cards, when does it reset the $2500 quarterly spending limit? Is it per calendar year quarter (i.e. Jan 1, April 1, July 1, and Oct 1)? Or does the spending limit reset every 3 months from when you opened the credit card? The T&C says it's per calendar quarter, which...
by djheini
Sun Jan 19, 2020 9:40 am
Forum: Personal Investments
Topic: Merrill Edge My Financial Picture
Replies: 8
Views: 674

Re: Merrill Edge My Financial Picture

Fidelity has their Full View tool which will bring in outside account balances and transactions. I also use their cash management account as my primary checking, so most of my non-credit card transactions go through there. I only use the external account functionality for balances so can't say how g...
by djheini
Fri Jan 10, 2020 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4611
Views: 887946

Re: What's Your Credit Card Rewards Strategy?

The Propel is an Amex, which is not accepted at many places we shop, especially not abroad. I would say it's unlikely to be the primary card for many. It has no trip cancellation insurance also, like most Amex cards. Still can't believe the Amex Platinum lacks it. Amex Platinum and some others got ...
by djheini
Sat Dec 14, 2019 1:30 pm
Forum: Investing - Theory, News & General
Topic: Why did Fidelity Total Market Index fund drop -1.55% today?
Replies: 77
Views: 6686

Re: Why did Fidelity Total Market Index fund drop -1.55% today?

Why are the capital gain distributions for the Fidelity total market fund much larger than the distributions for the Vanguard total market fund? ETFs are able to avoid capital gain distributions by essentially swapping shares with capital gains for more shares of the ETF, preventing having to make ...
by djheini
Sun Dec 08, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Target gift cards 10% off tomorrow (Sunday Dec. 8)
Replies: 62
Views: 5794

Re: Target gift cards 10% off tomorrow (Sunday Dec. 8)

Yes. I believe if you use the Target Credit Card you won't get an additional 5% off. Discover is offering 5% off this quarter. This sounds great. Was just thinking same thing regarding Discover. They also match it in first year so it's 10% for new customers. I’ve got a new Discover IT Card so for m...
by djheini
Tue Oct 22, 2019 10:50 pm
Forum: Personal Consumer Issues
Topic: Any experiences (good/bad) with EasyJet for EU travel?
Replies: 24
Views: 2000

Re: Any experiences (good/bad) with EasyJet for EU travel?

I've flown EasyJet for 2 round trips from London, and was satisfied overall. I would rank them somewhere between the US ultra-low-cost-carriers (e.g. Spirit/Frontier) and the more mainline US carriers. It's pretty no-frills on board, but it's also generally pretty short haul flights so shouldn't be ...
by djheini
Sun Sep 22, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Bank of America Cash Rewards Visa Signature as Alternative to Citi Double Cash Card?
Replies: 18
Views: 2203

Re: Bank of America Cash Rewards Visa Signature as Alternative to Citi Double Cash Card?

If you already have Platinum Honors status and mainly use one card for everything, definitely pay the $100/year fee for Bank of America Premium Rewards. 2.625% baseline cashback rate is the best in the industry. And it has the maximum amount of perks that Bank of America offers. You'll cover the $1...
by djheini
Tue Sep 10, 2019 11:03 pm
Forum: Personal Consumer Issues
Topic: Amazon No Rush Shipping Credits
Replies: 1
Views: 733

Re: Amazon No Rush Shipping Credits

Most of the ones I've seen for digital goods work on prime video (they sometimes have other offers like $5 off prime now). You can see your balance and what it's good for and when it expires at https://www.amazon.com/norushcredits It shows that my current digital credits are good for "eligible Kindl...
by djheini
Fri Aug 23, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: Best time to purchase airline tickets to London
Replies: 26
Views: 1806

Re: Best time to purchase airline tickets to London

You may want to consider an "Open Jaw" itinerary where you fly into London and return from Paris (or the reverse). Doing that gives you extra time because you eliminate a day of backtracking. It will also let you save the Air Passenger Duty taxes which the UK imposes on departures, which approaches...
by djheini
Fri Aug 23, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: High Yield Online Account
Replies: 6
Views: 531

Re: High Yield Online Account

I use redneck. You are limited to $5k/day through their site, but I have moved more than that at once by pushing/pulling from the other end instead of using their site.
by djheini
Thu Aug 22, 2019 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1488
Views: 204397

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 djheini
Thu Aug 15, 2019 4:45 am
Forum: Investing - Theory, News & General
Topic: Why is market timing bad in this case?
Replies: 52
Views: 3655

Re: Why is market timing bad in this case?

Also just pointing out that a recession is when GDP shrinks, it has nothing to do with the stock market performance. Obviously if the economy hits a rough patch stocks are likely to go down, but the stock market could go down and then start to recover before the recession is official (I believe it n...
by djheini
Wed Jul 17, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Do I need a transaction free credit card for Ireland?
Replies: 70
Views: 3469

Re: Do I need a transaction free credit card for Ireland?

Are you a member of Amazon Prime? Amazon's Visa card is easy to apply for, no annual fees, 5% back at Amazon and Whole Foods, and no international fees (plus a few misc. travel insurance benefits which I have not used). The catch is that you must be a paid Amazon Prime member, and the rewards have ...
by djheini
Mon Jul 15, 2019 3:12 pm
Forum: Personal Investments
Topic: Low cost index fund Vs Mortgage
Replies: 18
Views: 1489

Re: Low cost index fund Vs Mortgage

The TCJA law has made mortgage interest effectively non-deductible. Only if the mortgage interest exceeds $24,600 (standard deduction) - $10,000 (SALT cap) = $14,600 you will get any benefit on mortgage interest deduction. That is equivalent to having an outstanding mortgage balance of $14,600/3% =...
by djheini
Fri Jul 05, 2019 9:53 am
Forum: Personal Consumer Issues
Topic: Credit card Travel Accident Insurance discontinued?
Replies: 4
Views: 701

Re: Credit card Travel Accident Insurance discontinued?

Common Carrier insurance would apply to travel on a common carrier (e.g. airline, scheduled train, etc.). That has nothing to do with car rental insurance. However I know Citi has said they're removing most of the benefits (including rental car insurance) from their cards, so if it's a Citi card, it...
by djheini
Fri Apr 12, 2019 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: A little confused on graded vesting
Replies: 10
Views: 747

Re: A little confused on graded vesting

I have always seen it as the same vesting percentage applies to all employer money. So once you're at 100% vesting, any new money that comes in is 100% yours immediately.
by djheini
Thu Apr 11, 2019 8:59 pm
Forum: Personal Investments
Topic: Merrill Edge Feedback
Replies: 30
Views: 3094

Re: Merrill Edge Feedback

you still get 30 trades a month free at $50k balance "platinum" level if that is the primary concern. I do not think it lasts a year if you fall below the level as I think somone suggested. The level is based on the previous 90 days average balance. From their website "The combined balance is calcu...
by djheini
Wed Apr 03, 2019 9:21 pm
Forum: Personal Consumer Issues
Topic: Pay cash for hvac or leverage 0% financing?
Replies: 42
Views: 2070

Re: Pay cash for hvac or leverage 0% financing?

Sounds ideal but most cash back cards will only give you 1% on everyday purchases outside of a high signup bonus. Are you aware of a card that wouls get 500-1k on a 10k purchase? If so I’m very interested. Others have posted about sign up bonuses, but 2% is not an uncommon cash back rate. Citi Doub...
by djheini
Tue Apr 02, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 229
Views: 12049

Re: Scam alert - USPS new feature playing a role

All Informed Delivery shows is the outside of the envelope, which I would think would be of limited use to scammers. I am interested in knowing how this could be used for fraud, since I have the service and find it useful. They could use it to determine what day they should go and steal the mail fr...
by djheini
Thu Mar 28, 2019 3:04 pm
Forum: Personal Investments
Topic: Ally Vs Redneck Vs etc
Replies: 18
Views: 1612

Re: Ally Vs Redneck Vs etc

Anyways for Redneck, apparently you have to use its debit card ten times a month for that rate and the rate applies only for first $10k. https://www.google.com/amp/s/amp.reddit.com/r/personalfinance/comments/alemun/3_checking_account_at_red_neck_bankall_america/ That's for the Redneck checking acco...
by djheini
Thu Mar 28, 2019 1:36 pm
Forum: Personal Investments
Topic: Ally Vs Redneck Vs etc
Replies: 18
Views: 1612

Re: Ally Vs Redneck Vs etc

Anyways for Redneck, apparently you have to use its debit card ten times a month for that rate and the rate applies only for first $10k. https://www.google.com/amp/s/amp.reddit.com/r/personalfinance/comments/alemun/3_checking_account_at_red_neck_bankall_america/ That's for the Redneck checking acco...
by djheini
Thu Mar 28, 2019 1:35 pm
Forum: Personal Investments
Topic: Ally Vs Redneck Vs etc
Replies: 18
Views: 1612

Re: Ally Vs Redneck Vs etc

When you move money, make sure to request the transfer from the bank receiving the money (banks generally like getting $ and hate losing $). Also check if there are fees with transferring. Actually a lot of the time I find it better to push the money from the source account - often when you pull mo...
by djheini
Thu Feb 28, 2019 6:05 pm
Forum: Personal Consumer Issues
Topic: Priority boarding - Why?
Replies: 147
Views: 9444

Re: Priority boarding - Why?

Some people would rather settle into their seat earlier rather than wait in the often chaotic gate area. But I think the most common reason is to get first dibs on the overhead carry on space.
by djheini
Fri Jan 25, 2019 3:09 pm
Forum: Personal Investments
Topic: Emergency fund and VIG and VIGI ETFs
Replies: 1
Views: 328

Re: Emergency fund and VIG and VIGI ETFs

The emergency fund and investments should be considered separately. The whole point of an emergency fund is for it to be liquid and safe, so investing it in any stocks will generally be recommended against here. What are the odds that you would need to tap the emergency fund (job loss?) at the same ...
by djheini
Thu Jan 24, 2019 6:43 pm
Forum: Personal Investments
Topic: Buy pacific gas and electric?
Replies: 49
Views: 5569

Re: Buy pacific gas and electric?

The company's operations may well keep continuing, but under new ownership after all the current shareholders lose all their equity in bankruptcy. It's more of a gamble than an investment.
by djheini
Sat Jan 19, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for International Travel
Replies: 51
Views: 3876

Re: Best Credit Card for International Travel

I'm intrigued by the First Tech Federal Credit Union card , which is supposedly a true chip and pin card. It would be nice not to have to be the backward American who has to sign for credit card purchases like a heathen. Anyone have experience with this card? Not with that card, but I've found a go...
by djheini
Thu Jan 03, 2019 4:46 pm
Forum: Personal Investments
Topic: Market closes almost 700 points lower
Replies: 18
Views: 1811

Re: Market closes almost 700 points

There is always clapping at the close. Must be a tradition. Ringing the opening/closing bell is an activity that a company/organization does for PR or to celebrate something usually, so I think they're usually clapping at the opportunity rather than the market performance. See https://www.nyse.com/...
by djheini
Sat Oct 27, 2018 8:17 pm
Forum: Investing - Theory, News & General
Topic: Consequences of wash sale
Replies: 4
Views: 379

Re: Consequences of wash sale

You can't take the loss immediately but you do get to add it to your cost basis on the new shares (this is a good thing because it reduces your gain when you eventually sell them). Then once you're outside the wash sale period on the new shares you can finally take the loss. Assuming you still have...
by djheini
Sat Oct 27, 2018 7:57 pm
Forum: Personal Investments
Topic: Funding stock purchase
Replies: 7
Views: 511

Re: Funding stock purchase

Another option is if it's a margin account, you can make trades before initiating a transfer, and as long as the money is transferred in before settlement date I believe there would be no interest charged.
by djheini
Sat Oct 27, 2018 7:54 pm
Forum: Personal Investments
Topic: Funding stock purchase
Replies: 7
Views: 511

Re: Funding stock purchase

You should be able to make a purchase with money immediately after initiating the transfer (but wouldn't be able to withdraw it until it clears), but you'd have to make sure you transferred at least the amount of the trade, so you'd end up with some extra left over that you'd have to transfer back o...
by djheini
Sat Oct 20, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Using Mint: Am I correct in having my security concerns allayed?
Replies: 18
Views: 2362

Re: Using Mint: Am I correct in having my security concerns allayed?

Many companies don't want to play ball and that's been the main problem with API's that led to screen-scraping. Is Mint only API now? Website doesn't say much that I was able to find. Is there a list of institutions that they interface with without downloading the app and signing up? What fraction ...
by djheini
Sat Oct 20, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Using Mint: Am I correct in having my security concerns allayed?
Replies: 18
Views: 2362

Re: Using Mint: Am I correct in having my security concerns allayed?

OAuth and APIs are for sure the better way to go, the problem is that most banks don't support it. (Capital One is the only one I've seen that does) This is because it puts the technical work and support costs on the bank's side, rather than the current typical model of the aggregators having to do ...
by djheini
Tue Oct 16, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Travel insurance from chase sapphire card
Replies: 6
Views: 853

Re: Travel insurance from chase sapphire card

I did a pretty small claim on my Sapphire Reserve when I was stranded at Tokyo airport overnight when the runways were shut down in a snowstorm. Unfortunately it was late enough and ground transport was impacted enough that I couldn't get a hotel so spent the night on the terminal floor. But Chase d...
by djheini
Mon Jul 16, 2018 8:49 pm
Forum: Personal Consumer Issues
Topic: Tesla Insurance Question and how to get out of the deposit
Replies: 26
Views: 4113

Re: Tesla Insurance Question and how to get out of the deposit

My understanding was that the $2500 was refundable until you got assigned a VIN/specific vehicle in production. Depending on how long it's been since you ordered and what options you chose, is it possible this hasn't happened yet?
by djheini
Wed May 16, 2018 8:24 pm
Forum: Personal Consumer Issues
Topic: Switching Auto Insurance, need advice on Roadside assistant
Replies: 38
Views: 5172

Re: Switching Auto Insurance, need advice on Roadside assistant

Some Chase and American Express credit cards include roadside assistance as a free benefit. Maybe if you have one of them, you don't need AAA or insurance roadside assist at all. Is that a reimbursement or a service? I don't know about others, but my card (Chase Sapphire Reserve) covers up to $50 o...
by djheini
Fri Mar 30, 2018 10:15 am
Forum: Personal Investments
Topic: How many are using Automatic contributions?
Replies: 41
Views: 3935

Re: How many are using Automatic contributions?

Is it possible for a payroll deduction to wind up directly in your Vanguard brokerage? That would save me one (easy, automated) step every two weeks, but I'm not sure that's a possibility. Yes, if you go into Vanguard's website (under Account Maintenance), you can set up direct deposit, and can eve...
by djheini
Tue Mar 27, 2018 10:59 am
Forum: Personal Consumer Issues
Topic: CBP (INS) Global Entry program worth it?
Replies: 65
Views: 6616

Re: CBP (INS) Global Entry program worth it?

Another +1 for it being worth it. I've only used GE once at Logan since getting it (other international flights have either connected through another US city, or gone through Ireland or Canada and done PreClearance). But the one time I used it in Logan, myself and one other companion had it and got ...
by djheini
Thu Mar 15, 2018 5:17 am
Forum: Personal Consumer Issues
Topic: Stephen Hawking - how would he have fared in America
Replies: 9
Views: 1967

Re: Stephen Hawking - how would he have fared in America

I'm sure there is some way to notify the moderators when someone is posting polically motivated material but I can't readily find it. This would be a good time for them to relay this information. This is the second time in the last month I've come across this type of thing. VinhoVerde There's an ex...
by djheini
Mon Mar 05, 2018 1:40 am
Forum: Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 36229

Re: Torn between Vanguard, Fidelity and Schwab

I've had all three over the years. I had Vanguard IRAs for a decade, as well as a 403b with Fidelity. My current preference is Schwab. I started moving funds there in 2009. You could do a whole lot worse than building a portfolio with something like: SWTSX - Total Stock Market Index SWISX - Total I...
by djheini
Sun Mar 04, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Profits
Replies: 14
Views: 2822

Re: Fidelity Profits

[What is the difference between the 2.45T AUM and "$6.2 trillion total customer assets As of June 30, 2017"? (AUM vs "customer assets", not 6.2-2.45)] I believe AUM would be money that is invested in funds managed by fidelity, while customer assets would include that plus other holdings in brokerag...
by djheini
Sat Mar 03, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: online savings
Replies: 20
Views: 1947

Re: online savings

I have an account at ally which is my main one for quicker access to money, but then I have most of my cash that I don't mind waiting an extra day or two to get sitting in Redneck Bank, which I've always found to have higher rates (currently 1.75%) than ally.
by djheini
Fri Mar 02, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: Goodbye Emergency Fund (sorta)
Replies: 34
Views: 5308

Re: Goodbye Emergency Fund (sorta)

Your plan might work. Your "hobbies" fund can cover the unexpected. That is until you have a personal emergency during a broad cycle of emergencies. And when that happens, you seem smart and resilient, and so you'll invent Plan C; it might not be at all pleasant or resemble what you anticipated. Su...
by djheini
Tue Feb 27, 2018 10:02 pm
Forum: Personal Consumer Issues
Topic: Costco - Executive vs. Gold Membership
Replies: 44
Views: 22064

Re: Costco - Executive vs. Gold Membership

However, Google express overcharges you from 10 to 100% compared to warehouse prices depending on items, so the rebates are really irrelevant at that point. Though speaking as someone who is a city dweller who didn't have a car yet still wanted things from Costco, it can still be a better value (fo...