Search found 1667 matches

by flamesabers
Fri Feb 23, 2018 10:57 am
Forum: Investing - Help with Personal Investments
Topic: What to do when no Admiral shares? Expense Ratio (Total World)
Replies: 19
Views: 1424

Re: What to do when no Admiral shares? Expense Ratio (Total World)

I am aware of the arguments about splitting Total World up. I do like the simplicity of the one fund. That simplicity comes at a cost and I was just making sure it fell into the realm of low cost. It is a valid point though that if I were to complicate things with conversions, then why not split th...
by flamesabers
Fri Feb 23, 2018 10:30 am
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2522

Re: Guaranteed 2% return?

If I was in your situation I would just pay off the debt in full. The satisfaction of being debt-free for me is worth more then earning a few extra dollars over the next 5 years.
by flamesabers
Fri Feb 23, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: How Do People Without Computer Access Prepare and File Their Taxes?
Replies: 47
Views: 2226

Re: How Do People Without Computer Access Prepare and File Their Taxes?

Do you have family members or friends who would let you use their computer/printer to do your taxes?
by flamesabers
Mon Feb 19, 2018 10:29 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 9126

Re: Do you wear a wedding band? [at a job interview]

Have any unmarried men worn a wedding band during a job interview to appear married? I haven't, but if I had good reason to suspect it would increase my odds of getting a job I really wanted, I wouldn't be opposed to wearing a wedding band. I would regard it as conforming to cultural norms, much li...
by flamesabers
Fri Feb 16, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 10788

Re: I'm Cancelling My Home Insurance

There are always risks. Hundreds of thousand of California homeowners who have no earthquake policy are in this situation. How would they manage if an earthquake strikes? I don’t live in CA so don’t know. TravelforFun Just because other people are taking chances by foregoing home insurance doesn't ...
by flamesabers
Fri Feb 16, 2018 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 10788

Re: I'm Cancelling My Home Insurance

I gave up life insurance when I retired and my former employer no longer paid for it. Not a need for me. But I am not the least bit upset that I have been paying homeowners insurance now for 27+ years and my house has never burned down or even had the roof ripped off by high winds. (BTW I also have...
by flamesabers
Fri Feb 16, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 10788

Re: I'm Cancelling My Home Insurance

You didn't mention WHY you want to cancel it. You buy insurance for something you can't afford to lose and you shouldn't buy what you don't need. I cancelled my life insurance years ago because our net worth could take care of my family if something were to happen to me. TravelfoFun It's one thing ...
by flamesabers
Fri Feb 16, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6483

Re: How to get child's skin in the game for college?

What would your daughter do if her parents didn't have the money to pay for 100% of the expenses for a 4-year college degree? This was the sort of situation my brother and I faced when we were your daughter's age. In the end we both graduated with a degree and secured employment related to our major...
by flamesabers
Thu Feb 15, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Friend with extremely high interest credit card debt
Replies: 20
Views: 1515

Re: Friend with extremely high interest credit card debt

mptfan wrote:
Thu Feb 15, 2018 1:58 pm
Did your friend ask for your advice about how to get out of debt?
+1.

As you much as you want to help guide your friend out of her debt, unsolicited advice is seldom well-received.
by flamesabers
Fri Feb 09, 2018 7:01 pm
Forum: Investing - Theory, News & General
Topic: Bond funds and stock funds, which one is riskier?
Replies: 50
Views: 4105

Re: Bond funds and stock funds, which one is riskier?

I think it depends on what type of risk you're evaluating. If you're talking about the risk of investing during an economic recession or depression, stocks are definitely riskier. In the event of bankruptcy, bondholders get paid before stockholders. Even if the company doesn't go under, interest pay...
by flamesabers
Fri Feb 09, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3813

Re: A bill from the doctor - how/should I contest?

I think you are right to contest this bill. Failure to bill you correctly and in a timely manner is their problem, not yours. Not getting a detailed explanation for what the bill is for is a huge red flag I think. Saying "it's for behind the scenes services" I think is another way of saying we want...
by flamesabers
Fri Feb 09, 2018 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Discuss Starting Time when You Get a Job Offer
Replies: 29
Views: 2154

Re: How Do You Discuss Starting Time when You Get a Job Offer

I think it really depends on your job and what type of company you're working for. More often then not, work times will be specified in the job advertisement. If it isn't stated outright in the job advertisement, I would say consider the company's hours of business. If the company is open 24/7, then...
by flamesabers
Fri Feb 09, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: A bill from the doctor - how/should I contest?
Replies: 44
Views: 3813

Re: A bill from the doctor - how/should I contest?

I think you are right to contest this bill. Failure to bill you correctly and in a timely manner is their problem, not yours. Not getting a detailed explanation for what the bill is for is a huge red flag I think. Saying "it's for behind the scenes services" I think is another way of saying we want ...
by flamesabers
Thu Feb 08, 2018 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8642

Re: Tenants want to break lease early and is pregnant

Thanks for all the responses. Interesting there was no clear concensus but I will review the lease and go from there I think sticking to the terms of the lease is the simplest and safest option. Arbitrarily altering the terms of leases with some of your tenants could potentially lead to a disgruntl...
by flamesabers
Thu Feb 08, 2018 5:03 pm
Forum: Investing - Theory, News & General
Topic: Why should we care about inflation?
Replies: 58
Views: 5032

Re: Why should we care about inflation?

We should care about inflation because it drives up the cost of living. If you're retired or unemployed, inflation is especially problematic for you.
by flamesabers
Thu Feb 08, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 8642

Re: Tenants want to break lease early and is pregnant

Thanks for all the responses. Interesting there was no clear concensus but I will review the lease and go from there I think sticking to the terms of the lease is the simplest and safest option. Arbitrarily altering the terms of leases with some of your tenants could potentially lead to a disgruntl...
by flamesabers
Thu Feb 08, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Help with understanding what should be in a Roth IRA vs traditional IRA
Replies: 7
Views: 571

Re: Help with understanding what should be in a Roth IRA vs traditional IRA

Hello.

I think you're putting the cart ahead of the horse here. Instead of deciding what is best suitable for investing in a Roth vs. traditional IRA, I think the question to first ask yourself is whether it's more advantageous for you to have a Roth IRA or a traditional IRA.
by flamesabers
Thu Feb 08, 2018 3:13 pm
Forum: Investing - Theory, News & General
Topic: How to deal with regret
Replies: 87
Views: 7408

Re: How to deal with regret

Have you experienced investing a big sum not long before a market correction/bear market and do you have tips on how to deal (pychologically) with regret? (I know that rationally one can argue there's no sure way of timing the market, but one can still feel stupid when investing a significant amoun...
by flamesabers
Thu Feb 08, 2018 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 245
Views: 15846

Re: free dinner investing seminar

How does one get invited to such events? I've never received any invitations of this sort. Perhaps I'm not part of the targeted demographic? (Age: 36) I was wondering the same thing. While getting a good free meal sounds enticing, it's probably a good thing that I'm not getting such invitations. I ...
by flamesabers
Wed Feb 07, 2018 10:05 am
Forum: Investing - Theory, News & General
Topic: Being a Disciplined Investor - How do you avoid temptations?
Replies: 41
Views: 2719

Re: Being a Disciplined Investor - How do you avoid temptations?

With that being said there have been a few times I came very close so I am wondering how all of you deal with being tempted to try and “beat the market”. The question I have is do many of you deal with the same temptations that I do and if so how do you stay disciplined? What advice can you give so...
by flamesabers
Tue Feb 06, 2018 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Where to keep money to get to Social Security at age 70?
Replies: 14
Views: 1239

Re: Where to keep money to get to Social Security at age 70?

Hello.

At your age and with your time frame of utilizing the money, I think an FDIC-insured savings account would be your best bet. Since it's under the $250k limit, you can keep it all at one bank.
by flamesabers
Tue Feb 06, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Comcast Modem Rental
Replies: 41
Views: 2624

Re: Comcast Modem Rental

I bought my own modem about six years ago and I haven't had any issues with it.
by flamesabers
Mon Feb 05, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Just got robo-call from "Internal Revenue Service" -- yeah, right
Replies: 3
Views: 616

Re: Just got robo-call from "Internal Revenue Service" -- yeah, right

Hello, I didn't find anything specific on how to deal with robo-calls, however, here's what I found in regards to phone calls in general: You receive a phone call from someone claiming to be from the IRS but you suspect they are not an IRS employee ... Record the employee's name, badge number, call ...
by flamesabers
Fri Feb 02, 2018 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple bank accounts - am I crazy?
Replies: 46
Views: 3493

Re: Multiple bank accounts - am I crazy?

The appropriate number of bank accounts to have is subjective I think. If you're fine with managing five bank accounts then I wouldn't say you have too many bank accounts. There are good reasons to have a small number of bank accounts and there are good reasons to have multiple bank accounts.
by flamesabers
Fri Feb 02, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 80
Views: 12860

Re: I-Bonds?

Can a negative inflation rate eat into the fixed rate? But with a total floor of 0%? Yes, this can happen. If you look at May 2009 on this chart, you'll see that all outstanding I-Bonds at that time earned a 0% interest rate due to the negative variable rate. https://www.treasurydirect.gov/indiv/re...
by flamesabers
Wed Jan 31, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join Linkedin?
Replies: 48
Views: 3533

Re: Should I join Linkedin?

I had a Linkedin profile years ago, but I deleted it. I would advise against joining Linkedin unless you're fully comfortable with the potential risks. As others have already mentioned, be prepared to deal with the spam. You may very well receive a number of bogus job offers as well as your contacts...
by flamesabers
Wed Jan 31, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Charles Schwab Checking Account (Hard Credit Check)
Replies: 6
Views: 565

Re: Charles Schwab Checking Account (Hard Credit Check)

If you're opening only a checking account I don't see why a hard credit check would be necessary. If anything, I would expect a financial institution to run a inquiry on your Chexsystem report to ensure you don't have a history of writing bad checks or continually overdrawing your bank accounts.
by flamesabers
Wed Jan 24, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a will? Can I do it online?
Replies: 17
Views: 1317

Re: Do I need a will? Can I do it online?

OP, I think it depends on your state's laws and if you have any other siblings or other immediate family members. If your brother is your only sibling, he would probably be the default benefactor if you happened to die without a will. However, why take the chance that your state's laws will lead to ...
by flamesabers
Wed Jan 24, 2018 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: 3% 24 month CD at US Postal Service CU - easy membership IRA's only
Replies: 6
Views: 876

Re: 3% 24 month CD at US Postal Service CU - easy membership IRA's only

Unless you have a connection to USPS or are already a member of a select number of organizations, you'll have to pay a recurring fee to be a member of the American Philatelic Society in order to join this credit union. Here's a link on the membership fees: https://stamps.org/Membership-Rates Assumin...
by flamesabers
Fri Jan 19, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 142
Views: 7694

Re: Short Commute or Nicer House?

Some people handle living in a smaller house better then others, while the same can be said for driving longer commutes. If you're not sure what category you're in, I suggest asking yourself what is easier to rationalize: living in a smaller house or having a longer commute? I'm someone who tolerate...
by flamesabers
Fri Jan 19, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: What will happen if everyone indexed?
Replies: 23
Views: 2354

Re: What will happen if everyone indexed?

Can somebody told me what if everyone indexed? Will it lead to crisis? So long as there is a significant amount of diversity in terms of behavior and preferences with investing, I consider it practically impossible for everyone to index. Not everyone is content with just buying and holding the same...
by flamesabers
Wed Jan 17, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity American Express Card discontinuance
Replies: 10
Views: 1413

Re: Fidelity American Express Card discontinuance

I am surprised that they aren't trying to retain their customers by offering to switch them to a similar product. My thoughts exactly. Since I don't anticipate needing any credit, I am not too concerned, though. One possible reason to be concerned is if you're planning on retiring soon. Based on wh...
by flamesabers
Wed Jan 17, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2812

Re: Vanguard Tax Forms Now Online

That’s why I won’t “upgrade” unless I’m forced to. +1. Brokerage investors will likely have to wait another month before getting their tax statements. Dumb question of the day: What is the difference between an "upgraded" brokerage account and "non upgraded" account? If I opened an account with Van...
by flamesabers
Tue Jan 16, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 4030

Re: Umbrella Policy - 1M or 2M

My rule of thumb with umbrella insurance is to buy enough coverage to protect my assets. I think the liability protection offered by auto/home insurance should be treated as extra cushioning and not as a partial substitute for umbrella insurance. There has been a lot of discussion on this in other ...
by flamesabers
Tue Jan 16, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: A "Home" cell phone?
Replies: 53
Views: 4925

Re: A "Home" cell phone?

Ooma's a great solution. It costs me about $5.00 and change a month. You hook the Ooma box up to your router and then plug the Ooma out line into any phone jack in your house. It powers all the phone jacks from there so you can have a base unit anywhere and auxiliary handsets all over the house. ht...
by flamesabers
Tue Jan 16, 2018 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2812

Re: Vanguard Tax Forms Now Online

I recvd an 1099-R for a Roth I have (Brokerage Acct) and VG did not enter an amount in box 2A (taxable amt), which is the taxable amount field. They did have box 2B checked (Taxable Amt not determined). When I called them they indicated they could not determine if it was taxable. I dont quite under...
by flamesabers
Tue Jan 16, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 4030

Re: Umbrella Policy - 1M or 2M

My rule of thumb with umbrella insurance is to buy enough coverage to protect my assets. I think the liability protection offered by auto/home insurance should be treated as extra cushioning and not as a partial substitute for umbrella insurance.
by flamesabers
Tue Jan 16, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Tax Forms Now Online
Replies: 39
Views: 2812

Re: Vanguard Tax Forms Now Online

John151 wrote:
Tue Jan 16, 2018 4:04 pm
That’s why I won’t “upgrade” unless I’m forced to.
+1.

Brokerage investors will likely have to wait another month before getting their tax statements.
by flamesabers
Tue Jan 16, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity American Express Card discontinuance
Replies: 10
Views: 1413

Re: Fidelity American Express Card discontinuance

I think it depends. Will Fidelity allow you to convert this card into a different credit card? If so, this won't have an impact on your credit history assuming Fidelity doesn't report this conversion as the opening of a new account. If however Fidelity is closing your card with no recourse, it may i...
by flamesabers
Tue Jan 16, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Gifted $1,000: Max out Roth or go towards smaller balances on credit cards?
Replies: 10
Views: 600

Re: Gifted $1,000: Max out Roth or go towards smaller balances on credit cards?

I agree with the others about paying off your credit cards, starting with the ones with the highest interest rate. Saving money in a IRA is a good idea, but it's not feasible when you're carrying balances on credit cards that have a high interest rate. You still have about 3 more months to max out y...
by flamesabers
Tue Jan 16, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is it reasonable to try to time the I-Bond market?
Replies: 13
Views: 1279

Re: Is it reasonable to try to time the I-Bond market?

Why not just split up your I-Bond purchases throughout the year instead of trying to predict when the highest rate will be for the year? It's not like you only have one chance every year to buy I-Bonds. By spacing out your purchases, it is guaranteed that at least some of your I-Bonds will have the ...
by flamesabers
Tue Jan 16, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 169
Views: 19046

Re: Are you finding any good values at Amazon anymore?

I'm no longer an Amazon Prime member as I don't buy enough to recoup the $99 membership fee with the 5% store card. I've placed a few orders in the last two months and I haven't had any issues with shipping. Since I pick slowest speed to save on shipping, my order typically ships a few days after I ...
by flamesabers
Fri Jan 12, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 8340

Re: How much/little money to give kids in will so they continue to work

To me the fair thing to do is split the money completely evenly and trust that the kids you raised will make good decisions. +1. Barring special circumstances (i.e. one of the kids is unable to work due to a serious physical/mental disability or requires ongoing expensive medical treatment, etc.) t...
by flamesabers
Fri Jan 12, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: How do credit card companies determine how much credit to give you?
Replies: 5
Views: 905

Re: How do credit card companies determine how much credit to give you?

Unless you start having problems with getting credit cards, (i.e. creditors either deny your application or give you a much lower then normal credit limit) I wouldn't worry about this. There's no universal rule that your total credit limit cannot exceed your annual income. If creditors start to get ...
by flamesabers
Fri Jan 12, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: How much/little money to give kids in will so they continue to work
Replies: 95
Views: 8340

Re: How much/little money to give kids in will so they continue to work

One of the big themes on this page is to get financially independent so you can quit working. What's the point of forcing people to work for an inheritance. I think there's a major difference between becoming financially independent through your own means and becoming financially independent becaus...
by flamesabers
Fri Jan 12, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving job - 401k to Roth IRA?
Replies: 5
Views: 375

Re: Leaving job - 401k to Roth IRA?

While employed in Jan/Feb, I will maximize my 401k contribution ($18500). Assuming that only 2018 income is counted (and not 2017), can I open a Roth IRA in March and fund it with $5500 (max contribution)? Any issues here? If you have $5.5k (or more) of taxable compensation for 2018 you can fully f...
by flamesabers
Fri Jan 12, 2018 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Leaving job - 401k to Roth IRA?
Replies: 5
Views: 375

Re: Leaving job - 401k to Roth IRA?

1. Can I open a Roth IRA account as soon as I leave my job ad put in the yearly contribution amount? Does the income limit rule apply to the latest day situation or is it based on past year's earnings? When do I become eligible after leaving my job (and having no income)? The income limit for Roth ...
by flamesabers
Fri Jan 12, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance: Who do you use? (Auto/Home)
Replies: 32
Views: 1854

Re: Insurance: Who do you use? (Auto/Home)

I use USAA for auto, renters and umbrella insurance.
by flamesabers
Fri Jan 12, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Pay off student loans after kid graduates?
Replies: 35
Views: 2241

Re: Pay off student loans after kid graduates?

The gift limit would apply if I paid the lender directly? Here's what I found on the IRS website: What can be excluded from gifts? The general rule is that any gift is a taxable gift. However, there are many exceptions to this rule. Generally, the following gifts are not taxable gifts. Gifts that a...