Search found 1776 matches

by flamesabers
Fri Apr 19, 2019 12:54 pm
Forum: Personal Consumer Issues
Topic: At what point would you hire someone vs. cut down a tree yourself?
Replies: 72
Views: 2415

Re: At what point would you hire someone vs. cut down a tree yourself?

I think the first step would be to get some quotes on how much it would cost for a professional to do the job. If it's not too much for your budget, the simplest solution would be to let the experts take care of it I think. In addition to cutting down the trees/branches, they would probably also get...
by flamesabers
Tue Apr 16, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: My life insurance company wants to "help me save money"
Replies: 26
Views: 2188

Re: My life insurance company wants to "help me save money"

Is there a particular reason why you got term 75 life insurance in the first place? Unless you have a dependant(s) who is reliant on your income, you don't need life insurance, let alone life insurance until age 75.
by flamesabers
Tue Apr 09, 2019 1:04 pm
Forum: Personal Consumer Issues
Topic: How Much Do You Pay For Haircut?
Replies: 115
Views: 6182

Re: How Much Do You Pay For Haircut?

I pay the same as you. Every now and then I get coupons so I pay less then the usual $15 rate.
by flamesabers
Tue Apr 09, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 4906

Re: Solution for a thick wallet

How many of the cards in your wallet are you actually using on a regular basis? Rather then try to find a high-tech solution to make your wallet thinner, I would suggest the old-fashion (and cheaper) solution of keeping only your most used/essential cards in your wallet. With your gift cards I would...
by flamesabers
Wed Mar 13, 2019 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Any credit cards that can beat the Citi doublecash?
Replies: 64
Views: 6301

Re: Any credit cards that can beat the Citi doublecash?

vu8 wrote:
Wed Mar 13, 2019 1:30 pm
I only shop at Walmart, so a lot of "3%" groceries cash back doesn't apply to Walmart shamefully!
If you do a lot of online shopping with Walmart, I would suggest the Walmart credit card. You'll get a 3% statement credit on purchases you make on Walmart's website.
by flamesabers
Wed Mar 13, 2019 6:44 pm
Forum: Personal Consumer Issues
Topic: Army Reserves at 41 as an MI Captain
Replies: 7
Views: 1477

Re: Army Reserves at 41 as an MI Captain

Hello, I've been on active duty for five years and in the reserves as a TPU soldier for about the last eight years. I've always been enlisted and logistics is my line of work. I think one thing to consider is how do you feel about pursuing two careers simultaneously? Being a federal employee helps a...
by flamesabers
Wed Mar 06, 2019 1:19 pm
Forum: Personal Investments
Topic: Mental accounting question
Replies: 16
Views: 1016

Re: Mental accounting question

Hello and welcome to the forum! :beer "...The Truth is, you should kick yourself for giving the government an interest-free loan. Tell your employer to reduce the amount of income taxes withheld in your account for the past year. That money shoulve have been compouding in your account for the past y...
by flamesabers
Sun Mar 03, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: Available Visa CC offers with $100 - $300 Bonus?
Replies: 6
Views: 558

Re: Available Visa CC offers with $100 - $300 Bonus?

Hello. When you say best offer, do you mean strictly in terms of signup bonus or the best sign-up bonus and cashback rate? If you're looking for credit cards that offer $100-$300 signup bonuses, I would say check out: 1. Capital One Quicksilver &Savor One 2. Bank of America Cash Rewards 3. Wells Far...
by flamesabers
Tue Feb 26, 2019 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block vs TurboTax (spoiler: HRB is awful)
Replies: 88
Views: 10193

Re: H&R Block vs TurboTax (spoiler: HRB is awful)

I've been using H&R Block software for the last eight years without much trouble. Since I get the software for free through Military OneSource, I can't complain.
by flamesabers
Tue Feb 26, 2019 1:44 pm
Forum: Investing - Theory, News & General
Topic: Could Vanguard be right about International Bonds?
Replies: 42
Views: 4562

Re: Could Vanguard be right about International Bonds?

From my 30K ft. view, it seems that the returns do compensate for the additional risk created by duration differences (using the Larry Swedroe 20 basis point per year comparison) and the past year at least seems to confirm Vanguards point of view on the possible diversification benefits. Is it time...
by flamesabers
Mon Feb 25, 2019 3:58 pm
Forum: Investing - Theory, News & General
Topic: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"
Replies: 110
Views: 7320

Re: "Warren Buffett says if you invested $10,000 in the S&P 500 in 1942, you'd have $51 million today"

$10,000 was a ton of money to have available for investing in 1942. Very true. According to the US Inflation Calculator website, $10,000 in 1942 is equivalent to $154,424.54 in 2019. Another measurement to consider is the minimum wage of that time. In 1942, the federal minimum wage was $0.30 or $62...
by flamesabers
Thu Feb 21, 2019 10:58 pm
Forum: Personal Consumer Issues
Topic: How did mylife.com get my info?
Replies: 115
Views: 9022

Re: How did mylife.com get my info?

Is there anything I can do to foster a lower online profile? I did some Google searches on how to remove my profile from MyLife and sites like it. I haven't been able to remove my name completely from the Internet, but I have reduced the scope of my online presence. As others have said, these websi...
by flamesabers
Sun Feb 17, 2019 1:37 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin
Replies: 52
Views: 4673

Re: Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin

Could it be argued that an efficient market is a public good, that active investing and research are instrumental in keeping the market efficient, and that it is unfair to active investors that they should be bearing the cost of keeping it efficient when it benefits all? If successful, active inves...
by flamesabers
Sun Feb 17, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: send in driver's license photo for new Capital One credit card
Replies: 42
Views: 3241

Re: send in driver's license photo for new Capital One credit card

Wrong. There is no requirement to purchase a new license every time you move in-state, in every state that I have lived in. Nor am I interested in doing so just to keep some clueless banker pacified. As long as you notify the DMV/MVA/RMV/xxx you have met your obligations. What state forces you to p...
by flamesabers
Sat Feb 16, 2019 7:02 pm
Forum: Personal Consumer Issues
Topic: send in driver's license photo for new Capital One credit card
Replies: 42
Views: 3241

Re: send in driver's license photo for new Capital One credit card

Normally I would expect banks would ask for ID before approving a credit card application, not after.
by flamesabers
Sat Feb 16, 2019 6:31 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin
Replies: 52
Views: 4673

Re: Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin

I think you're raising a great question, but doesn't passive investing raise its own issues? If I understand correctly, indexing or passive investing depends on the market's being (at least approximately) efficient, which depends on there being people whose activity helps to ensure that everything ...
by flamesabers
Fri Feb 15, 2019 9:06 pm
Forum: Investing - Theory, News & General
Topic: Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin
Replies: 52
Views: 4673

Re: Charlie Munger: Teaching young people to actively trade stocks is like starting them on heroin

Thoughts? I think he's addressing a symptom and not the root cause of the problem. Active trading isn't of itself a problem I think. The real problem is believing that active trading is a shortcut to becoming rich. There's a big difference between actively trading with fun money and betting your pa...
by flamesabers
Tue Feb 05, 2019 6:08 pm
Forum: Personal Investments
Topic: Don't File Too Early
Replies: 47
Views: 6153

Re: Don't File Too Early

I think something to keep in mind is the IRS doesn't start processing returns until the end of January. The Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. https://www.irs.gov/newsroom/irs-confirms-ta...
by flamesabers
Tue Feb 05, 2019 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Checking Account Closed Involuntarily
Replies: 1
Views: 427

Re: Checking Account Closed Involuntarily

It may have been a combination of factors such as you taking advantage of banking bonuses, the checking account being less then six months old and mobile depositing what may be a bad check. I suggest you look over the terms of service for your checking account to determine if you inadvertently viola...
by flamesabers
Tue Feb 05, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 4673

Re: Vanguard Tax 2018 Forms Now Online

I have a "2018 Consolidated Form 1099 2019-01-27" that looks accurate. It shows all the dividends, short-term and long-term capital gains our funds paid and the totals match the 12/31/2018 account statements we received. The problem is the files Vanguard posted for downloading don't include any cap...
by flamesabers
Sat Feb 02, 2019 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 4673

Re: Vanguard Tax 2018 Forms Now Online

You add both, but don’t actually combine them... treat them separately. Since you switched midyear, some distributions are associated to the old platform and some on the new. You should treat it as two separate brokers. Thank you for the clarification. When I imported the forms into H&R Block softw...
by flamesabers
Fri Feb 01, 2019 6:34 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 4673

Re: Vanguard Tax 2018 Forms Now Online

I transitioned from the mutual-fund only platform to the brokerage platform last year and I got a letter from Vanguard today: We wanted to remind you that, as a result of the transition, you'll receive 2 separate sets of tax forms for 2018, a set for the old platform (available at the end of January...
by flamesabers
Thu Jan 31, 2019 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage "Benefits"
Replies: 108
Views: 9042

Re: Marriage "Benefits"

I think the benefits of getting married depends in part on what your future plans are. If say you're planning on starting a family and one of you is going to be a stay-at-home parent, I think there are good financial reasons to get married as mentioned by the other members here. However, despite the...
by flamesabers
Wed Jan 23, 2019 7:15 pm
Forum: Personal Consumer Issues
Topic: What is a Boglehead funeral/burial?
Replies: 153
Views: 8280

Re: What is a Boglehead funeral/burial?

I think a Boglehead funeral would be one where you determine in advance what kind of ceremony is consistent with your values and desire and then you plan that ceremony at the lowest cost within reason. +1. When planning for your funeral, I think what's most important is devising a plan that's reaso...
by flamesabers
Wed Jan 23, 2019 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax 2018 Forms Now Online
Replies: 65
Views: 4673

Re: Vanguard Tax Forms Now Online

My tax forms are available in my Vanguard account online, but TurboTax is not able to import them yet (as of the morning of January 23). TurboTax provides an error message saying to try again in a few hours. I assume there is some technical reason why they aren't available for import yet. I'll try ...
by flamesabers
Sun Jan 13, 2019 9:47 am
Forum: Personal Finance (Not Investing)
Topic: What deductible for Comprehensive and Collision Insurance?
Replies: 35
Views: 1681

Re: What deductible for Comprehensive and Collision Insurance?

What can you afford to pay upfront in the event your car is damaged?

When I had comprehensive and collision insurance, I set my deductible to the maximum of $1k. The way I see it, the risk of having to pay a higher deductible was worth the guaranteed savings of a lower premium.
by flamesabers
Sun Jan 13, 2019 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Anyone used Credit Karma Free (Fed + State) Tax Filing?
Replies: 5
Views: 510

Re: Anyone used Credit Karma Free (Fed + State) Tax Filing?

I do not. I use H&R Block as they offer a free service for military personnel through Military OneSource.
by flamesabers
Fri Dec 28, 2018 5:51 pm
Forum: Personal Consumer Issues
Topic: not funding kid's tuition
Replies: 102
Views: 3387

Re: not funding kid's tuition

Is anyone else in a similar mindset? While I can understand the mindset of not paying for your kids' tuition, I don't understand how the same mindset can justify giving your kids a car after finishing high school. There's no sense in trying to teach your kids about financial discipline and being sm...
by flamesabers
Thu Dec 20, 2018 9:25 pm
Forum: Personal Investments
Topic: what to do with cash if very risk averse?
Replies: 59
Views: 5727

Re: what to do with cash if very risk averse?

I have just about half as much as in my portfolio as I do sitting in cash, but I am very reluctant to invest anymore in anything else risky. I also don't need any of this cash for a while. I think something to bear in mind is there is more then one type of risk. $100 will always be worth $100 but t...
by flamesabers
Thu Nov 29, 2018 1:18 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Are Corp Bonds Worth Risk?
Replies: 66
Views: 5936

Re: Larry Swedroe: Are Corp Bonds Worth Risk?

If you want equity risk, you may as well go with the real thing. I agree. This is why I prefer to keep my rationalization for investing in equities separate from my rationalization for investing in bonds. I buy equities for growth and bonds for stability. If I want to buy both with the same purchas...
by flamesabers
Mon Nov 26, 2018 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3981

Re: Federal Job Offer - Should I take it?

I would suggest staying put. It's hard for me to imagine the incentives I would require for me to willingly move to a place where I'll be spending almost 5x on housing for a smaller home. If you need some adventure in your life, I recommend saving money for a family vacation. In the long-term it wil...
by flamesabers
Sun Nov 25, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: Holiday Gift dilemma
Replies: 9
Views: 609

Re: Holiday Gift dilemma

investingdad wrote:
Sun Nov 25, 2018 12:47 pm
So, if you exchange Christmas or Holiday gifts with family and a family member said they just wanted money, your response is...?
I consider that a clear-cut indicator it's time to end gift exchanging in the family, at least amongst the adults.
by flamesabers
Sun Nov 18, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665346

Re: What's Your Credit Card Rewards Strategy?

I heard Cap One will pull from any one of the three CRA's. So if your reports are frozen, it appears applying for this card will require all three CRA's to be unfrozen. :( If I remember correctly from when I opened a Quicksilver card a few years ago, Capital One does a hard pull on all three credit...
by flamesabers
Sat Nov 17, 2018 10:22 pm
Forum: Personal Investments
Topic: Should I invest now
Replies: 9
Views: 961

Re: Should I invest now

Yes, I think you should invest now. Even though you're only two years from retirement, it's not like you're going to be cashing out 100% of your investments as soon as you stop working.
by flamesabers
Sat Nov 17, 2018 10:05 pm
Forum: Investing - Theory, News & General
Topic: USAA getting out of mutual fund biz
Replies: 46
Views: 7249

Re: USAA getting out of mutual fund biz

columbia wrote:
Sun Nov 11, 2018 8:06 am
I like my 2.5% cash back (on all purchases) credit card from USAA.
Same here. It's one of my most used credit cards.
by flamesabers
Mon Nov 12, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665346

Re: What's Your Credit Card Rewards Strategy?

The only thing that annoys me is the USAA card has to have $5,000 as a minimum credit limit. I'd like it to be lower, but alas...not a bad financial setup, all things considered. Is the $5k credit limit a requirement for the USAA card? I have an old USAA card with a $2.9k credit limit. Otherwise yo...
by flamesabers
Mon Nov 12, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: Still spending too much on non-essentials
Replies: 38
Views: 2578

Re: Still spending too much on non-essentials

Any tips for how you have managed to resist the temptation to spend on non-essential things? For me it's not so much about resisting temptation but rather having the right mindset. I don't see frugalness as a form of self-punishment for a greater good (i.e. early retirement). Instead, being frugal ...
by flamesabers
Sat Nov 10, 2018 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: High/many credit card balances (0%APR) - effect on credit rating, getting more cards.
Replies: 11
Views: 819

Re: High/many credit card balances (0%APR) - effect on credit rating, getting more cards.

I'm not really worried about the score itself, just the consequences such as being denied future cards or other adverse action. Getting rejected for future cards is certainly a possibility. Another possibility is you don't get rejected outright, but the bank has more stringent requirements such as ...
by flamesabers
Sat Nov 10, 2018 4:50 pm
Forum: Personal Investments
Topic: Selling I Bonds/Buying New I Bonds?
Replies: 9
Views: 1376

Re: Selling I Bonds/Buying New I Bonds?

What was/is your reasoning for buying I-Bonds in the first place? If you're only going to hold I-Bonds for a few years or less, I think CDs or rewards checking accounts would give you a better rate of return then I-Bonds. If you're buying I-Bonds as a retirement asset, I would suggest holding onto t...
by flamesabers
Fri Nov 09, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Quizzle & Bankrate
Replies: 1
Views: 296

Quizzle & Bankrate

Hello all,

I got an email saying Quizzle will be shutting down on November 16. The email suggested creating an account with Bankrate to continue to monitor my credit score.

Has anyone created an account with Bankrate yet? If so, what are your thoughts on the service?
by flamesabers
Fri Nov 09, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: promotions with no interest as a way to build credit
Replies: 2
Views: 272

Re: promotions with no interest as a way to build credit

Regardless of the path taken to build credit, I think the rules stay the same: 1. Always make your payments on time, even if it's only the minimum amount. 2. Don't accumulate too much debt. 3. Don't apply for too many cards in a short period of time. 4. Keep two or more credit cards active to build ...
by flamesabers
Mon Oct 29, 2018 6:54 am
Forum: Personal Finance (Not Investing)
Topic: USAA Multi Product Discount
Replies: 35
Views: 3754

Re: USAA Multi Product Discount

Is anyone having issues accessing this discount calculator? When I click on the link, I get the message "We are unable to complete your request online." That might mean that it is not available in your state. That's unfortunate. :( When I look at the discounts I'm getting on insurance, it does incl...
by flamesabers
Sun Oct 28, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: USAA Multi Product Discount
Replies: 35
Views: 3754

Re: USAA Multi Product Discount

Is anyone having issues accessing this discount calculator? When I click on the link, I get the message "We are unable to complete your request online."
by flamesabers
Sun Oct 14, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 6204

Re: Neighbor discussing finances with me

So my neighbor is roughly my age and we've become good friends over the years. We were recently talking about the market and he was telling me how he shifted all his investments to a money market (due to the coming crash *sigh*) and his adviser recommended he move instead to a bond fund with zero r...
by flamesabers
Mon Oct 08, 2018 8:56 pm
Forum: Personal Consumer Issues
Topic: Landlord wants to raise rent, but is asking if he can?
Replies: 54
Views: 5757

Re: Landlord wants to raise rent, but is asking if he can?

Should I push back or just accept it because it's been a good experience? 2.5% doesn't sound like a lot, but when you pay a few thousand it all adds up... I think something to bear in mind is he's not leasing his floor to you out of the goodness of his heart. There has to be a point where if being ...
by flamesabers
Thu Oct 04, 2018 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665346

Re: What's Your Credit Card Rewards Strategy?

Sept. 25, 2018 https://www.wsj.com/articles/shoppers-love-rewards-credit-cards-retailers-hate-them-1537867801?ns=prod/accounts-wsj That's behind a hard paywall. It's also available on Yahoo Finance: https://finance.yahoo.com/news/shoppers-love-rewards-credit-cards-140600098.html?guccounter=1
by flamesabers
Mon Oct 01, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665346

Re: What's Your Credit Card Rewards Strategy?

mrmass wrote:
Thu Sep 27, 2018 9:10 am
This is 2 months old but this sentiment is growing.

https://www.denverpost.com/2018/07/30/c ... -visa-ban/
Are there more recent articles on this? The latest articles I can find were written in the first week of August.
by flamesabers
Sat Sep 29, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: What kind of irrationality causes investors to accept exorbitant prices for active management?
Replies: 17
Views: 1787

Re: What kind of irrationality causes investors to accept exorbitant prices for active management?

In regards to responding to the question of how active management survives, I don't think the reason is the conjunction fallacy so much as it is the broad-based principle that experts in the field know best. When we are ill/injured, we go to a doctor to get treated. When we are faced with legal issu...
by flamesabers
Mon Sep 17, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 7462

Re: Is there such thing as saving TOO much?

Not sure if many people are in the same boat as me, but I am curious as to if there is such thing as saving TOO much... I would define excessive saving when it gets to the point that it makes you miserable or you otherwise start to obsess about every little thing you're spending your money on. If y...
by flamesabers
Mon Sep 17, 2018 1:25 pm
Forum: Personal Investments
Topic: Employer won't Match 401k. Why?
Replies: 52
Views: 5787

Re: Employer won't Match 401k. Why?

dknightd wrote:
Sun Sep 16, 2018 10:54 am
Your employer decides. If you do not like it find a new employer
+1.

If it isn't the norm for companies within your industry or if your company doesn't have problems recruiting/retaining employees, why change something that isn't broken from the perspective of your employer?