Search found 324 matches

by ImmigrantSaver
Tue May 12, 2020 9:23 am
Forum: Personal Investments
Topic: Ally Bank 1.25% savings .50 Moneymarket
Replies: 26
Views: 3660

Re: Ally Bank 1.25% savings .50 Moneymarket

I don't have an Ally account, but both of my Barclays savings and Capital one 360 showed drops in the CD rates over the past few days, while savings rates are the same. Now 5Y CD is actually 10 basis point lower than savings account. Are they trying to discourage us to buy CDS because they expect th...
by ImmigrantSaver
Wed Apr 15, 2020 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

Question for more experience CC optimizers.. I had Amex platinum opened last year for the bonus. Used the miles for the flight to Japan which is not happening anymore. I got reimbursed and now have about $1500 in Amex credit. The problem is that I need to close the card by mid/end of April before t...
by ImmigrantSaver
Tue Apr 14, 2020 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

Question for more experience CC optimizers.. I had Amex platinum opened last year for the bonus. Used the miles for the flight to Japan which is not happening anymore. I got reimbursed and now have about $1500 in Amex credit. The problem is that I need to close the card by mid/end of April before t...
by ImmigrantSaver
Wed Apr 01, 2020 3:44 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18195

Re: Why does anyone invest in international funds?

I'm at 32% of equities in international. IPS calls for 30% (don't ask how I got 2% high, it was a little boo boo). Thinking of biting the bullet and bumping to 40%. U.S. has outperformed basically my entire investing lifetime, so I really don't see much of a risk. If U.S. continues to outperform, f...
by ImmigrantSaver
Tue Mar 31, 2020 4:07 pm
Forum: Investing - Theory, News & General
Topic: Why does anyone invest in international funds?
Replies: 306
Views: 18195

Re: Why does anyone invest in international funds?

I don't know why everyone isn't just in faang, or for that matter short carnival Seriously considering switching to 100% vtwax plus $3k rental income per month. 36yo. Currently in target funds in 401k plus vtwax in everything else. Bonds feel like drag. Vanguard test says I should be 100% equities....
by ImmigrantSaver
Sat Mar 28, 2020 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

Question for more experience CC optimizers.. I had Amex platinum opened last year for the bonus . Used the miles for the flight to Japan which is not happening anymore. I got reimbursed and now have about $1500 in Amex credit. The problem is that I need to close the card by mid/end of April before ...
by ImmigrantSaver
Sat Mar 28, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

Question for more experience CC optimizers.. I had Amex platinum opened last year for the bonus. Used the miles for the flight to Japan which is not happening anymore. I got reimbursed and now have about $1500 in Amex credit. The problem is that I need to close the card by mid/end of April before t...
by ImmigrantSaver
Sat Mar 28, 2020 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

EnjoyIt wrote:
Sat Mar 28, 2020 1:48 pm
Are you credited Amex points or dollars? If the later, have them send you a check when you cancel.

If the former downgrade to a no fee card that uses Amex points as well. Worth 1 cent per point.
It's in dollars. I didn't realize then can send me the check. That's perfect! :sharebeer
by ImmigrantSaver
Sat Mar 28, 2020 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

Question for more experience CC optimizers.. I had Amex platinum opened last year for the bonus. Used the miles for the flight to Japan which is not happening anymore. I got reimbursed and now have about $1500 in Amex credit. The problem is that I need to close the card by mid/end of April before th...
by ImmigrantSaver
Tue Mar 24, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: Negative interest rate has arrived
Replies: 37
Views: 4325

Re: Negative interest rate has arrived

You are right. I am also entrenched in the "bonds are for safety" mantra :oops: It's hard (for me at least) to see how are different parts are supposed to work in the portfolio though MVO well help you figure it out. MVO? Mean Variance Optimization https://www.investopedia.com/terms/m/meanvariance-...
by ImmigrantSaver
Tue Mar 24, 2020 2:59 pm
Forum: Investing - Theory, News & General
Topic: Negative interest rate has arrived
Replies: 37
Views: 4325

Re: Negative interest rate has arrived

watchnerd wrote:
Tue Mar 24, 2020 2:33 pm
ImmigrantSaver wrote:
Tue Mar 24, 2020 2:24 pm

You are right. I am also entrenched in the "bonds are for safety" mantra :oops:

It's hard (for me at least) to see how are different parts are supposed to work in the portfolio though
MVO well help you figure it out.
MVO?
by ImmigrantSaver
Tue Mar 24, 2020 2:24 pm
Forum: Investing - Theory, News & General
Topic: Negative interest rate has arrived
Replies: 37
Views: 4325

Re: Negative interest rate has arrived

EE bonds are starting to look more and more attractive :greedy You're looking at bonds in isolation not as part of an overall portfolio. You are right. I am also entrenched in the "bonds are for safety" mantra :oops: It's hard (for me at least) to see how are different parts are supposed to work in...
by ImmigrantSaver
Tue Mar 24, 2020 1:45 pm
Forum: Investing - Theory, News & General
Topic: Negative interest rate has arrived
Replies: 37
Views: 4325

Re: Negative interest rate has arrived

EE bonds are starting to look more and more attractive :greedy
by ImmigrantSaver
Mon Mar 23, 2020 2:37 pm
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18426

Re: Munis getting slaughtered!

mrspock wrote:
Mon Mar 23, 2020 11:50 am
VTEB is up 3% today... NAV spread has closed up to 3% vs 7-8% . Bodes well for mutual fund versions I think. Hang in there!
Wasn't it up on Friday too? And VMLUX was still down, so not sure how correlated they are.. :confused
by ImmigrantSaver
Mon Mar 23, 2020 10:59 am
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18426

Re: Munis getting slaughtered!

VMLUX is performing much worse than I expected. Thinking of taking the loss and switching to VUSXX. It my house downpayment with flexible timeline money :annoyed I made the switch earlier last week. VMLUX has been my EF for many years, but with everything going on and MM's giving much higher yields...
by ImmigrantSaver
Mon Mar 23, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18426

Re: Munis getting slaughtered!

When munis fell in 2011 what did you do? How about in 2013 or 2016 or 2018? Prices go up and prices go down. The average 10 year return of Vanguard intermediate muni fund going back to Feb 2001 is 4%. Tune out the noise. 2011: https://www.bogleheads.org/forum/viewtopic.php?t=66744 2013: https://www...
by ImmigrantSaver
Mon Mar 23, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18426

Re: Munis getting slaughtered!

VMLUX is performing much worse than I expected. Thinking of taking the loss and switching to VUSXX. It my house downpayment with flexible timeline money :annoyed VVMLUX has been such a steady calm fund over the years I’ve followed. The interm, fund as well. But the recent losses, like yesterday of ...
by ImmigrantSaver
Sat Mar 21, 2020 12:09 pm
Forum: Personal Investments
Topic: Stable Value fund and I bonds
Replies: 11
Views: 953

Re: Stable Value fund and I bonds

I have been having some concerns about my SVF. It's the entire FI portion of my portfolio aside from some I-Bonds. Even though FI is only 20% for now, it will increase as I age. Plus, I work for the insurance company that has created the SVF, so it's a double wammy. Unfortunately, I don't have any o...
by ImmigrantSaver
Sat Mar 21, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 12780

Re: 2020 COVID Crash Lessons

I have learned that my tolerance for stock fund declines is much higher than for bond fund declines. Same for me. I agonized about losing a couple thousand in Muni holdings way more than losing over 100k in stocks. Makes no logical sense to me! Stop checking your PF value! Take a look in, say, Sept...
by ImmigrantSaver
Sat Mar 21, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 12780

Re: 2020 COVID Crash Lessons

I have learned that my tolerance for stock fund declines is much higher than for bond fund declines. Same for me. I agonized about losing a couple thousand in Muni holdings way more than losing over 100k in stocks. Makes no logical sense to me! I think the feeling of agony makes perfect sense if yo...
by ImmigrantSaver
Sat Mar 21, 2020 11:40 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 12780

Re: 2020 COVID Crash Lessons

I have learned that my tolerance for stock fund declines is much higher than for bond fund declines. Same for me. I agonized about losing a couple thousand in Muni holdings way more than losing over 100k in stocks. Makes no logical sense to me! I think the feeling of agony makes perfect sense if yo...
by ImmigrantSaver
Sat Mar 21, 2020 7:38 am
Forum: Investing - Theory, News & General
Topic: 2020 COVID Crash Lessons
Replies: 157
Views: 12780

Re: 2020 COVID Crash Lessons

louiethelilac wrote:
Sat Mar 21, 2020 4:45 am
I have learned that my tolerance for stock fund declines is much higher than for bond fund declines.
Same for me. I agonized about losing a couple thousand in Muni holdings way more than losing over 100k in stocks. Makes no logical sense to me!
by ImmigrantSaver
Fri Mar 20, 2020 10:13 pm
Forum: Investing - Theory, News & General
Topic: Munis getting slaughtered!
Replies: 194
Views: 18426

Re: Munis getting slaughtered!

VMLUX is performing much worse than I expected. Thinking of taking the loss and switching to VUSXX. It my house downpayment with flexible timeline money :annoyed
by ImmigrantSaver
Wed Mar 11, 2020 1:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18828
Views: 2631430

Re: U.S. stocks in free fall

TheTimeLord wrote:
Wed Mar 11, 2020 12:47 pm
H-Town wrote:
Wed Mar 11, 2020 12:44 pm
I might need to TLH again today... Exchange everything to VT...
Why is everyone rushing to TLH?
I rushed to TLH yesterday and ended up TLHing some gains :oops: :oops: :oops:
by ImmigrantSaver
Mon Mar 09, 2020 11:04 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18828
Views: 2631430

Re: U.S. stocks in free fall

I am supposed to get my bonus this week which will be the bulk of savings for the year. I am traditionally a lump-summer (80/20 with world weights in equities) and planning to do the same this year. But I don't think I'll have the heart to tell anyone in real life though :oops: Just bracing myself t...
by ImmigrantSaver
Sat Mar 07, 2020 10:52 am
Forum: Personal Investments
Topic: I & EE Bonds in the current environment
Replies: 31
Views: 2578

Re: I & EE Bonds in the current environment

What's considered to be the right age to start buying EE Bonds? 20 years before retirement? Since you want to redeem the EE Bonds at the 20 year mark, it would probably make sense to make sure you redeem at a lower tax bracket (e.g. after retirement and before RMDs. The poster may be referring to m...
by ImmigrantSaver
Fri Mar 06, 2020 5:54 pm
Forum: Personal Investments
Topic: I & EE Bonds in the current environment
Replies: 31
Views: 2578

Re: I & EE Bonds in the current environment

What's considered to be the right age to start buying EE Bonds? 20 years before retirement?
by ImmigrantSaver
Thu Feb 27, 2020 3:48 pm
Forum: Personal Consumer Issues
Topic: Cancel flights due to coronavirus concerns?
Replies: 76
Views: 7827

Re: Cancel flights due to coronavirus concerns?

Getting on a plane for a 15-hour flight to Sydney in about 10 days. Then on a cruise ship for 12 days. Then driving around NZ for 20 days. Then back on a plan for 15-hour flight home. All paid for in advance, of course. We're planning to go at this point. If we were 85 rather than 65, I'm sure we'd...
by ImmigrantSaver
Thu Feb 20, 2020 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: How Many Accounts for Cash?
Replies: 52
Views: 3943

Re: How Many Accounts for Cash?

For years, I had CapitalOne 360 Checking/Savings combo (great experience) and Charles Swab for travelling only (otherwise kept at $0). This year (out of boredom mostly) I decided to "simplify" and consolidate everything at Schwab and see if I can get away with just one account. February is the trans...
by ImmigrantSaver
Sun Feb 09, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax-Exempt Interest % by State for 2019
Replies: 11
Views: 1524

Re: Vanguard Tax-Exempt Interest % by State for 2019

Could someone explain how this works. I've been holding limited term tax exempt fund for the first time in 2019, earned about $1000 on it. Doing my taxes in Turbo tax now and it's asking me which state are the tax exempt dividends are from. Does that mean I have to enter every single state and perc...
by ImmigrantSaver
Sat Feb 08, 2020 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax-Exempt Interest % by State for 2019
Replies: 11
Views: 1524

Re: Vanguard Tax-Exempt Interest % by State for 2019

Could someone explain how this works. I've been holding limited term tax exempt fund for the first time in 2019, earned about $1000 on it. Doing my taxes in Turbo tax now and it's asking me which state are the tax exempt dividends are from. Does that mean I have to enter every single state and perce...
by ImmigrantSaver
Fri Jan 10, 2020 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

Due to the fee increase, I am considering cancelling my CSR in September (the end of the cycle for me). Then waiting a month or so and getting CSP and try to earn the bonus. It would be 4 years since I got CSR bonus. Is that enough time for me not to have any issues getting CSP bonus?
by ImmigrantSaver
Tue Jan 07, 2020 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Living in a HCOL and making a middle class salary is a struggle
Replies: 340
Views: 20546

Re: Living in a HCOL and making a middle class salary is a struggle

Northern NJ is lovely, not cheap, but not outrageously expensive. We never made more than $120K yearly. We sold a family home approx 2000 sq feet on the NJ Transit direct line to NYC last year for $420K. Walkable diverse small city, great schools, shopping, restaurants, taxes 10K. Many in our neigh...
by ImmigrantSaver
Tue Dec 31, 2019 9:38 am
Forum: Personal Investments
Topic: Savings for buying house in 3 years
Replies: 10
Views: 861

Re: Savings for buying house in 3 years

Another option could be the Vanguard Limited Term Muni fund (VMLUX) with about 3 year duration.

But frankly I would just get a CD or that high interest checking account if you don’t mind jumping through hoops
by ImmigrantSaver
Thu Dec 12, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Primer on Paying Taxes With a Credit Card
Replies: 93
Views: 14753

Re: Primer on Paying Taxes With a Credit Card

I made a payment with my wife's Chase Freedom of $1,471.17 (+ $28.83 convenience charge) the other day to hit the $1,500 5% cap. I am having trouble paying the estimated tax payment using PayPal. When I get to the payment page, click PayPal and login, I only get two options to pay: Paypal Credit or...
by ImmigrantSaver
Thu Dec 12, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Primer on Paying Taxes With a Credit Card
Replies: 93
Views: 14753

Re: Primer on Paying Taxes With a Credit Card

I am having trouble paying the estimated tax payment using PayPal. When I get to the payment page, click PayPal and login, I only get two options to pay: Paypal Credit or my Chase Freedom Unlimited card (and not Chase Freedom that has 5% category). I do have the Chase Freedom card set as "preferred ...
by ImmigrantSaver
Mon Dec 09, 2019 4:44 pm
Forum: Personal Investments
Topic: Please critique my strategy for new contributions allocation
Replies: 7
Views: 573

Re: Please critique my strategy for new contributions allocation

If you want an AA to stay at 80/20, I don't think you want the Target Date fund, it slowly changes. You probably want the Lifestrategy Growth fund, it stays at 80/20 forever. I actually would want to decrease the equities over time, so TDF would work for me. Plus I don't have the Life Strategy opti...
by ImmigrantSaver
Sun Dec 08, 2019 8:37 pm
Forum: Personal Investments
Topic: Please critique my strategy for new contributions allocation
Replies: 7
Views: 573

Re: Please critique my strategy for new contributions allocation

Some of your cons confuse me. Can you not just fully liquidate the target fund once a year and allocate to bring you into balance using the 401K? I guess what I am trying to say is that I am looking to minimize rebalancing going forward, with new contributions or otherwise. And contributing to TDF/...
by ImmigrantSaver
Sun Dec 08, 2019 8:08 pm
Forum: Personal Investments
Topic: Please critique my strategy for new contributions allocation
Replies: 7
Views: 573

Re: Please critique my strategy for new contributions allocation

Some of your cons confuse me. Can you not just fully liquidate the target fund once a year and allocate to bring you into balance using the 401K? I guess what I am trying to say is that I am looking to minimize rebalancing going forward, with new contributions or otherwise. And contributing to TDF/...
by ImmigrantSaver
Sun Dec 08, 2019 7:37 pm
Forum: Personal Investments
Topic: Please critique my strategy for new contributions allocation
Replies: 7
Views: 573

Please critique my strategy for new contributions allocation

Hello, I am considering the new strategy for the contributions going froward and would like you to poke the holes in it. :happy Current allocation is 80:20 between stocks and bonds, with world weight between US and international, and small value tilt (80:20) within US allocation. All the internation...
by ImmigrantSaver
Tue Nov 12, 2019 12:51 pm
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 233
Views: 34888

Re: Rich preparing for market drop

Jack FFR1846 wrote:
Tue Nov 12, 2019 9:30 am
79% of respondents are greater than 50% confident that 90% of survey questions are at least 30% misleading 80% of the time.

The rest refused to answer and called the police.
Lol good one! :sharebeer
by ImmigrantSaver
Fri Nov 08, 2019 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Reserve - Fees Waived?
Replies: 54
Views: 5524

Re: Chase Sapphire Reserve - Fees Waived?

Then we take the point Jags made that most travel can be had at a discount. Uber is constantly 10% off, Southwest is constantly 10% off, Hotels.com is 15% off or more, there are usually Amex offers to lower the cost of travel, so, I value the travel credit conservatively at $270 as opposed to $300....
by ImmigrantSaver
Wed Nov 06, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

If you want to keep it even more simple, you can just do the combo of CSR for travel and dining and Chase Unlimited for everything else :sharebeer That is good, I have and use both of those myself. But he might as well keep Costco Card and continue to use it at least for gas (4% is better than you ...
by ImmigrantSaver
Tue Nov 05, 2019 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4647
Views: 897288

Re: What's Your Credit Card Rewards Strategy?

I would like to get suggestions for a credit card strategy. In the past I have just done the Citi Cash 2% card and the Costco Visa, but I am now going to be doing much more travel and wonder if some combination of travel cards would be better. Reading through the different options is so confusing, ...
by ImmigrantSaver
Thu Oct 31, 2019 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 18828
Views: 2631430

Re: U.S. stocks in free fall

nydoc wrote:
Thu Oct 31, 2019 10:31 am
Scrambling for money to invest, can’t find any.
Rebalance from your bonds if need to? I suspect it's too soon to rebalance for anyone :wink:
by ImmigrantSaver
Wed Oct 30, 2019 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 3304

Re: AMEX Platinum Card - Review?

I found Uber credits to be difficult. I am in NYC so rarely use Uber in general but when I do, with all the new surcharges, it always come out to be more than $15 (closer to 20 most of the time) even for short distances in Manhattan. And I find it very annoying that then I would have to add the min...
by ImmigrantSaver
Wed Oct 30, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 3304

Re: AMEX Platinum Card - Review?

The other hoop that annoys me with AMEX is that you need to pre-select an airline for the $200 incidental credit. I fly several airlines and it's difficult to guess which one I'll accumulate $200 in luggage fees or upgrade charges in a given year. For now $50 delta gift cards bought from computer (...
by ImmigrantSaver
Wed Oct 30, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 3304

Re: AMEX Platinum Card - Review?

The other hoop that annoys me with AMEX is that you need to pre-select an airline for the $200 incidental credit. I fly several airlines and it's difficult to guess which one I'll accumulate $200 in luggage fees or upgrade charges in a given year. For now $50 delta gift cards bought from computer (...
by ImmigrantSaver
Wed Oct 30, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 3304

Re: AMEX Platinum Card - Review?

The other hoop that annoys me with AMEX is that you need to pre-select an airline for the $200 incidental credit. I fly several airlines and it's difficult to guess which one I'll accumulate $200 in luggage fees or upgrade charges in a given year. For now $50 delta gift cards bought from computer (...
by ImmigrantSaver
Tue Oct 29, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: AMEX Platinum Card - Review?
Replies: 47
Views: 3304

Re: AMEX Platinum Card - Review?

I found Uber credits to be difficult. I am in NYC so rarely use Uber in general but when I do, with all the new surcharges, it always come out to be more than $15 (closer to 20 most of the time) even for short distances in Manhattan. And I find it very annoying that then I would have to add the min...