Search found 322 matches

by SlowMovingInvestor
Mon Jan 22, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Does Etrade allow transfer of Vanguard Admiral Funds ? They seem to say no, but (as my previous experience with ME taught me), the left hand often doesn't know what the right hand is doing. I'm thinking specifically of VTSAX. I realize that it can be converted to an ETF, but I prefer not to do that ...
by SlowMovingInvestor
Sun Jan 21, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: Research on bond portfolio with index call options?
Replies: 5
Views: 246

Re: Research on bond portfolio with index call options?

lack_ey, thanks for correcting me. I misread the OP's strategy.
by SlowMovingInvestor
Sun Jan 21, 2018 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone at Goldman Sachs/Marcus bank 1.5%?
Replies: 20
Views: 1765

Re: Anyone at Goldman Sachs/Marcus bank 1.5%?

ChinchillaWhiplash wrote:
Sun Jan 21, 2018 4:54 pm
Anybody have an opinion on AMEX at 1.35%?
Why use that if you can get better rates at PurePoint or Marcus ? Unless you have some specific requirements that you think are better filled by one particular online bank, I would just go with the highest rate at this point.
by SlowMovingInvestor
Sun Jan 21, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Research on bond portfolio with index call options?
Replies: 5
Views: 246

Re: Research on bond portfolio with index call options?

I believe there are funds like PIMCO StockPlus that do something similar -- a combination of futures on equity index + Bonds. The fund goal is to use it's bond research expertise to get a slight excess return on the index.

So you see how that fund has done, as well as it's composition.
by SlowMovingInvestor
Sun Jan 21, 2018 2:52 pm
Forum: Personal Consumer Issues
Topic: Anyone donated a car to charity?
Replies: 22
Views: 836

Re: Anyone donated a car to charity?

I donated a car to charity. It was not even in derivable condition. I first tried to sell it at several places. The best i could get was I PAY to have them haul it away. I called a charity that advertised for used cars. They picked it up (flatbed), auctioned it off and a few weeks later sent me an ...
by SlowMovingInvestor
Sun Jan 21, 2018 2:51 pm
Forum: Personal Consumer Issues
Topic: Anyone donated a car to charity?
Replies: 22
Views: 836

Re: Anyone donated a car to charity?

One thing to note is that under new tax laws, the charitable donation is not likely to give you any benefit unless your other itemized deductions add up to > standard deduction (24K for couples). SALT + mortage are the big one for most people, but medical expenses could be another large expense. You...
by SlowMovingInvestor
Sun Jan 21, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Should I use the 2210 Installment Income Method to lower estimated tax hit on AMT income from exercise of ISO's?
Replies: 4
Views: 270

Re: Should I use the 2210 Installment Income Method to lower estimated tax hit on AMT income from exercise of ISO's?

TT will help with Form 2210, but you need to figure income, etc by quarter. I also think your additional payment was due 1/15. Waiting until 4/15 will probably incur some interest. The OP is talking about a 2016 return for which he got a notice from the IRS, and on which he wouldnt owe any money if...
by SlowMovingInvestor
Sun Jan 21, 2018 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Should I use the 2210 Installment Income Method to lower estimated tax hit on AMT income from exercise of ISO's?
Replies: 4
Views: 270

Re: Should I use the 2210 Installment Income Method to lower estimated tax hit on AMT income from exercise of ISO's?

You should definitely use the installment method. It's slightly cumbersome to do (you have to look up paystubs for each of the estimated taxes payment dates and your stock transactions throughout the year), but worth doing it if it saves you some money. How did you do your tax return ? If you used s...
by SlowMovingInvestor
Sun Jan 21, 2018 5:32 am
Forum: Personal Finance (Not Investing)
Topic: Anyone at Goldman Sachs/Marcus bank 1.5%?
Replies: 20
Views: 1765

Re: Anyone at Goldman Sachs/Marcus bank 1.5%?

If I was going to open an FDIC insured savings account, I would at least open the one that pays the highest rate. 1.7% here. https://www.ablebanking.com/saving.aspx Rate can change and/or fall behind the competition. I would prefer to go with a bigger brand name (like Goldman) that needs to attract...
by SlowMovingInvestor
Sat Jan 20, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs fidelity
Replies: 25
Views: 2087

Re: Schwab vs fidelity

One negative about going Fidelity 401k to Schwab IRA is that you might be out of the market for 2-3 weeks. You may find it annoying if the market goes up 3% in that time period. Of course, if the market goes down, you can commend yourself on your smartness at being out of the market at just the righ...
by SlowMovingInvestor
Sat Jan 20, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs fidelity
Replies: 25
Views: 2087

Re: Schwab vs fidelity

I think Fidelity has a better lineup of index mutual funds. Schwab seems to have a good choice of ETFs and Ok choices for mutual funds. If you prefer index mutual funds to ETFs, Fidelity might be a slightly better choice. Fido gives you commission free access to some very good low cost iShares ETFs...
by SlowMovingInvestor
Sat Jan 20, 2018 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab vs fidelity
Replies: 25
Views: 2087

Re: Schwab vs fidelity

I would consult a tax advisor who has expertise in these types of transfers. If you do it wrong it would be considered a taxable event causing you to pay the resulting income taxes and perhaps penalties. DO NOT rely on the advice of the customer service representative at Fidelity or Schwab without ...
by SlowMovingInvestor
Sat Jan 20, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Online vs CD/download
Replies: 11
Views: 1044

Re: Turbotax Online vs CD/download

I believe the download version is more flexible at doing things like multiple returns for MFJ vs MFS, checking scenarios with multiple copies etc. But for me, I don't like having so much of my private data in one online site (no matter how well it's protected), unless it's absolutely required by law...
by SlowMovingInvestor
Sat Jan 20, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

neilpilot wrote:
Sat Jan 20, 2018 3:03 pm
SlowMovingInvestor wrote:
Fri Jan 19, 2018 3:17 pm

To followup, the Vanguard funds were transferred (2 Admiral bond funds, one regular bond fund)
Would be helpful if you could ID those 2 Admiral funds
VBALX (Total Bond) and VBTLX (High Yield Tax Exempt)
by SlowMovingInvestor
Sat Jan 20, 2018 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Legal to pay yourself to earn credit card bonuses?
Replies: 24
Views: 2160

Re: Legal to pay yourself to earn credit card bonuses?

It's legal but will get you shutdown if you do it in any volume. The gist of manufactured spending is to spend less to get to cash than you earned in points or cash back. /r/churning is your friend, but it does require reading and experimentation. It helps if you don't look creepy. For initial sign...
by SlowMovingInvestor
Fri Jan 19, 2018 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Legal to pay yourself to earn credit card bonuses?
Replies: 24
Views: 2160

Re: Legal to pay yourself to earn credit card bonuses?

Much simpler is to do things like prepay a year or so's worth of utilities: Gas, electric, cable, mobile. Pay your insurance via CC. That combined with regular household expenses should get you to 3K. if more is still needed, pay property taxes via CC. Even rent can be paid via CC. Some of these tra...
by SlowMovingInvestor
Fri Jan 19, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

ME first told me (as I said above) that they cannot transfer any Admirals, then someone got back to me and said they could transfer the ones I held. neilpilot, what Admirals did you try to transfer ? I wonder if it's the ones that are convertible to ETFs that ME refuses to transfer (on the grounds ...
by SlowMovingInvestor
Fri Jan 19, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21831

Re: Case study Broker trade executions

AON orders are not required to be displayed, so chances are your limit price won’t show up in public quotes, and only your broker or the broker it was sent to know about it. There's an even stronger statement: AON orders cannot be displayed (though you might see a principal order representing part ...
by SlowMovingInvestor
Fri Jan 19, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21831

Re: Case study Broker trade executions

I was selling a small amount of a fairly high volume ETF (around $10,000) at Etrade today, and I had set a limit order for (say) 20.50 over an hour ago. I jsut checked right now, and the ticker shows the last trade executed at (say) 20.52, but my order was not. I can understand that a limit order p...
by SlowMovingInvestor
Fri Jan 19, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 212
Views: 21831

Re: Case study Broker trade executions

I was selling a small amount of a fairly high volume ETF (around $10,000) at Etrade today, and I had set a limit order for (say) 20.50 over an hour ago. I jsut checked right now, and the ticker shows the last trade executed at (say) 20.52, but my order was not. I can understand that a limit order pl...
by SlowMovingInvestor
Fri Jan 19, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For Etrade, it says "One promotion per customer." Has anyone received more than one? I received one for a taxable account last year and was thinking about transferring an old retirement plan. Yeah I received one a few years ago and one this year. I'm sure it's not per lifetime. Any period > 1 year ...
by SlowMovingInvestor
Fri Jan 19, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Investing in Indian Stock Market - Fund selection
Replies: 15
Views: 1214

Re: Investing in Indian Stock Market - Fund selection

It seems like you're talking about funds and ETFs based in India, not US based funds/ETFs that invest in India.

If you are a US person (even if currently resident in India), don't do it. You would be subject to complicated and punitive PFIC taxation.
by SlowMovingInvestor
Thu Jan 18, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 5101

Re: To the doctors on the forum

Here's the conversation I had with my son's pediatrician at his last visit for a medication check (10 minutes sitting with her discussing how the medication is working and whether she wants to make any changes). Me: These visits are very expensive. Dr.: How much are they? I don't handle the billing...
by SlowMovingInvestor
Thu Jan 18, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 5101

Re: To the doctors on the forum

Here's the conversation I had with my son's pediatrician at his last visit for a medication check (10 minutes sitting with her discussing how the medication is working and whether she wants to make any changes). Me: These visits are very expensive. Dr.: How much are they? I don't handle the billing...
by SlowMovingInvestor
Thu Jan 18, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Scottrade and Schwab
Replies: 3
Views: 303

Re: Scottrade and Schwab

Scottrade will soon be TDAmeritrade, so I'd expect change from whatever today allows. TDA recently banished all Vanguard ETFs from their ntf platform. For a fee, they can still be used. I'd expect them to do the same with funds/etfs from Schwab. Have you considered moving to Schwab to avoid issues ...
by SlowMovingInvestor
Thu Jan 18, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: Scottrade and Schwab
Replies: 3
Views: 303

Scottrade and Schwab

I had some money sitting around at Scottrade (< 3K), so I started checkign low cost mutual funds. To my surprise, some Schwab funds seemed to be available non load and NTF. I put a buy order in for SNXFX (Schwab 1000), and it seems to have been accepted. Does Scottrade really allow buying Schwab fun...
by SlowMovingInvestor
Thu Jan 18, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7654

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

I read a post by another Boglehead in another thread where he or she mentioned that it's not just knowing whether the market is overvalued, but you also have to know whether the market participants collectively think the market is overvalued. I thought that was a really good explanation of why it's...
by SlowMovingInvestor
Thu Jan 18, 2018 3:51 am
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7654

Re: 70% chance of correction according to Vanguard - Highest in 15 years

This is what I was thinking of. During the year Brexit happened and we had a mini couple of down days and everyone was asking if it was a buying opportunity, I think folks pointed out the market had actually been lower a few months before? But no one was talking about that as a buying opportunity. ...
by SlowMovingInvestor
Wed Jan 17, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Will a bond sell-off be the catalyst for a Major Market Correction?
Replies: 13
Views: 1381

Re: Will a bond sell-off be the catalyst for a Major Market Correction?

- Bill Gross, manager of the Janus Henderson Global Unconstrained Bond, wrote earlier this month that "tax cuts and increasing budget deficits" will boost inflation. He told Bloomberg last week that he's betting against bonds because he thinks a bear market has begun. Isn't this the same guy who go...
by SlowMovingInvestor
Wed Jan 17, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: Will a bond sell-off be the catalyst for a Major Market Correction?
Replies: 13
Views: 1381

Re: Will a bond sell-off be the catalyst for a Major Market Correction?

There was a detailed article in Bloomberg suggesting that tax reform could indeed lead to a bond market sell off because a lot of corporates have 'offshore' profits invested in Treasuries (they can do that). The article also suggests that most of this money would be returned to shareholders. So even...
by SlowMovingInvestor
Wed Jan 17, 2018 12:07 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

2. For those who have churned the Merrill Edge bonus more than once for the same account (e.g., gotten a $1k bonus twice for opening a brokerage account), can you please provide details? Did you close your brokerage account first, then open another one? Did you just open another brokerage account o...
by SlowMovingInvestor
Tue Jan 16, 2018 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Federal Estimated Taxes
Replies: 8
Views: 1432

Re: Federal Estimated Taxes

ethically dubious (to me anyway) methods of manufacturing spending using gift cards or the like. I don't see any ethical problem with buying gift cards to meet a required spending amount on a credit card as long as it is allowed under the terms of the agreement. The credit card issuers aren't stupi...
by SlowMovingInvestor
Tue Jan 16, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Which is the best 529 plan for nj resident?
Replies: 15
Views: 738

Re: Which is the best 529 plan for nj resident?

Any suggestion on which 529 plan is best for nj resident? I currently have Michigan 529 , should I load some more fund into same one or open new one keeping new tax rules in mind? Plz advise NJ doesn't offer a 529 deduction, so you can use any state. I am not familiar with Michigan, but Utah/NV/NY ...
by SlowMovingInvestor
Tue Jan 16, 2018 11:19 am
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7413

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Here's all you need to know (from the chart that was posted): The average Bull Market period lasted 9.0 years with an average cumulative total return of 480%. The average Bear Market period lasted 1.4 years with an average cumulative loss of -41% Why would you assume that a big corporate tax cut wo...
by SlowMovingInvestor
Tue Jan 16, 2018 11:17 am
Forum: Investing - Theory, News & General
Topic: A 4% move in the Dow and S&P in 12 days? Seems odd
Replies: 94
Views: 7413

Re: A 4% move in the Dow and S&P in 12 days? Seems odd

Here's all you need to know (from the chart that was posted): The average Bull Market period lasted 9.0 years with an average cumulative total return of 480%. The average Bear Market period lasted 1.4 years with an average cumulative loss of -41% Why would you assume that a big corporate tax cut wo...
by SlowMovingInvestor
Mon Jan 15, 2018 10:04 am
Forum: Investing - Theory, News & General
Topic: Do people in the forum hold foreign bonds?
Replies: 42
Views: 2593

Re: Do people in the forum hold foreign bonds?

I don't, but that's because I'm at Fidelity and they don't have a foreign bond index option. Not from a thought through choice. If they did have one, I'd probably at least consider it. You can buy EMB ($ denominated emerging markets ETF) at Fidelity commission free. Although I confess I'm not sure ...
by SlowMovingInvestor
Sun Jan 14, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: where does one buy "health insurance" in the USA?
Replies: 17
Views: 1124

Re: where does one buy "health insurance" in the USA?

Nothing bad happening is always a good approach. I'm just not sure how I can arrange that. The system is setup so that some folks are best served by not buying insurance until they need it. If something bad happens, emergency rooms can't turn your away, and the no pre-existing condition clause mean...
by SlowMovingInvestor
Sun Jan 14, 2018 11:40 am
Forum: Investing - Help with Personal Investments
Topic: REIT or No REIT
Replies: 85
Views: 7759

Re: REIT or No REIT

I feel that you can get a lot of exposure to all but the residential real estate sector just through a broad market index. And if commercial REITs fall because of online shopping, stocks like Amazon will rise to compensaate for that. But I do think the residential real esate sector (especially singl...
by SlowMovingInvestor
Sun Jan 14, 2018 7:20 am
Forum: Investing - Theory, News & General
Topic: Best 401k Employer Match Structure
Replies: 115
Views: 9268

Re: Best 401k Employer Match Structure

Fidelity has ( had ?) an extremely generous matching for it's employees. From an article. Fidelity provides a 100% match for up to 7% of a worker's salary and typically makes annual profit-sharing contributions as well, according to court documents. There was a lawsuit alleging that it was offering ...
by SlowMovingInvestor
Sat Jan 13, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Happy New Year on this long thread. At Fidelity - requested the adviser/account-manager if they match or beat $3250 transfer special-bonus from ME for 1M+ (under 5MM), they buckled. However, Fidelity promotions team came back with $2500 Retention bonus offer. Got convinced, plan to stay-put for gre...
by SlowMovingInvestor
Fri Jan 12, 2018 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Estimated Taxes
Replies: 8
Views: 1432

Re: Federal Estimated Taxes

You probably are already aware, but just in case you're not, there are fees for using a debit or credit card. https://www.irs.gov/payments/pay-taxes-by-credit-or-debit-card I am aware of the CC fees, but it's a very cheap way of getting the signup bonus, since I really don't have any other easy way...
by SlowMovingInvestor
Fri Jan 12, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Interest during ACH transfers
Replies: 4
Views: 256

Interest during ACH transfers

When doing ACH transfers between bank/brokerage accounts, I've seen that sometimes the funds are withdrawn one day from bank one, and then deposited in bank 2 the next business day. If there are holidays in the middle, it can be 2-3 days before the deposit takes place. Is interest paid on the deposi...
by SlowMovingInvestor
Fri Jan 12, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Percentage of VWITX subject to AMT
Replies: 8
Views: 328

Re: Percentage of VWITX subject to AMT

Also, AMT should be less of an issue with the 2018 rise in AMT thresholds.
by SlowMovingInvestor
Thu Jan 11, 2018 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Estimated Taxes
Replies: 8
Views: 1432

Re: Federal Estimated Taxes

Thanks ! I have a related question. Is it also possible to pay the IRS via Credit Card after Jan 16th ? I actually signed up for a CC a few days ago and might not get the CC in time for that deadline. if I use a CC after Jan 16th (say the 20th or so) but well before filing 2017 return, I realize the...
by SlowMovingInvestor
Thu Jan 11, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: REITs under new tax law
Replies: 21
Views: 3335

Re: REITs under new tax law

Sorry to be dense but as I understand the thread, the new tax law does provide some (tangential) benefits to REITs because of the pass through changes But REITS have still taken a beating (that I can see !) Is that correct ? One of the problems with the REIT index is that I think shopping and mall R...
by SlowMovingInvestor
Thu Jan 11, 2018 3:20 am
Forum: Personal Finance (Not Investing)
Topic: Federal Estimated Taxes
Replies: 8
Views: 1432

Federal Estimated Taxes

I need to pay some estimated Fed taxes for 2017, and I also need to run up some credit card spending to hit required spend for a bonus. I am thinking of paying a portion of q4 taxes via CC (maybe even 2 CCs), just enough to meet required spend, and then pay for the rest using either bank transfer or...
by SlowMovingInvestor
Wed Jan 10, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: WSJ: Discount Brokers Win Bonuses to Push Costlier Products
Replies: 38
Views: 3148

Re: WSJ: Discount Brokers Win Bonuses to Push Costlier Products

https://www.wsj.com/articles/advisers-at-leading-discount-brokers-win-bonuses-to-push-higher-priced-products-1515604130 "At Fidelity, Schwab and TD Ameritrade, employees win extra pay or other incentives to put clients in products that are more lucrative for them, and the firm. Customers may end up...
by SlowMovingInvestor
Wed Jan 10, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

ME first told me (as I said above) that they cannot transfer any Admirals, then someone got back to me and said they could transfer the ones I held. neilpilot, what Admirals did you try to transfer ? I wonder if it's the ones that are convertible to ETFs that ME refuses to transfer (on the grounds ...
by SlowMovingInvestor
Wed Jan 10, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

From previous threads, I understand ME does accept transferred Vanguard Admiral Funds (but does not allow purchases and charges a fee for sales). Is that correct ? I have some Vanguard Admiral Funds that have no ETF equivalent, and I want to transfer these to ME. [I did ask them via their web site,...
by SlowMovingInvestor
Wed Jan 10, 2018 5:25 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 783
Views: 132090

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

How long does it take Fidelity to credit bonuses ? I have an account that was funded 2 days back.

I remember they used to credit airline miles very quickly.