Search found 231 matches

by ThePrince
Sun Apr 22, 2018 10:06 pm
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 16
Views: 1988

Re: Floating Net Worth w/ VT after 5 Years

zaboomafoozarg wrote:
Sun Apr 22, 2018 9:13 pm
Sometimes I wish I could stop fretting over my slice & dice asset allocation and just do a simple one like 75% VT (all-world equity) + 25% VFIUX (US intermediate treasury bonds).
+1
by ThePrince
Sun Apr 22, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: What is a good flat rate cash back credit card?
Replies: 76
Views: 5984

Re: What is a good flat rate cash back credit card?

Someone may have mentioned this, but there is one small caveat with the Citi Double Cash which I was not aware of for a long time. If you apply cash back rewards to your statement credit you do not get the second 1% match on that amount. So I switched and started getting a check sent when I redeem ...
by ThePrince
Sat Apr 21, 2018 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: How to pay for 6th year of college?
Replies: 12
Views: 1860

Re: How to pay for 6th year of college?

JPH wrote:
Sun Apr 15, 2018 6:31 pm
Paying your own way is incredibly motivating.
+1
by ThePrince
Sat Apr 21, 2018 12:27 pm
Forum: Investing - Theory, News & General
Topic: Barclays US Savings iOS App.
Replies: 0
Views: 86

Barclays US Savings iOS App.

Finally, Barclays furnished an app for it U.S. online savings and CD accounts. The screenshots of the app in the App Store look promising. However, and ironically enough, I am unable to login to my account through the iOS app. I repeatedly receive the following error message after typing in my usern...
by ThePrince
Fri Apr 20, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: So many problems I can't even figure out how to prioritize them
Replies: 27
Views: 2591

Re: So many problems I can't even figure out how to prioritize them

bh7785 wrote:
Fri Apr 20, 2018 2:29 pm
Sounds to me like the NES and SNES should be priority items.
LOL.
by ThePrince
Fri Apr 20, 2018 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Moving my Roth IRA from T Rowe to Vanguard?
Replies: 18
Views: 1092

Re: Moving my Roth IRA from T Rowe to Vanguard?

Hello Michael, I have PRWCX for my Roth and it's done pretty well historically. Have you run your proposed 3 fund allocation through Portfolio Visualizer and compared? Here's a comparison of PRWCX vs 60/20/20 allocation: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&s=y&timePeriod=4&st...
by ThePrince
Sun Apr 15, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 3713

Re: Best cash back card right NOW.

MotoTrojan wrote:
Sun Apr 15, 2018 1:07 pm
Uber Barclays Visa is free, $100 after spending $500 in 90 days, and is 4% back on dining and 3% back on travel. Also 2% online and 1% elsewhere, but I use my Citi 2% Double Cash anywhere that isn't dining/travel.

4% back on food (my highest budget item) has been amazing.
+1
by ThePrince
Sat Apr 14, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 7848

Re: Cash flow problems - best way to handle?

Change your withholdings to get the extra $500-ish/month in your paycheck. Be sure to double check your 2018 liability under the new tax law. What you and your spouse purchased together is now a home that costs 53% of your take home. It's very common for the custodial parent to try to maintain the ...
by ThePrince
Sun Apr 08, 2018 1:25 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 376
Views: 39986

Re: Name something you had to have and now you regret purchasing it?

House with a pool. Since I stink at maintaining it and turned the water green we hire out for $170/month ($2040/yr) plus incidentals ranging from $50-$200/yr. In the last 5 years we had to re-line the pool and replaced the motor costing about $10k plus the extra electricity I figure in these 5 year...
by ThePrince
Thu Apr 05, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 2661

Re: WF Visa 3% FX fee

TIAX wrote:
Wed Apr 04, 2018 11:51 pm
You could consider the new uber visa. It has no foreign transaction fee, 4% cash back on restaurants and bars and 3% back on flights and hotels.
+1
by ThePrince
Wed Apr 04, 2018 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2543
Views: 477092

Re: What's Your Credit Card Rewards Strategy?

Uber/Barclays has a new Visa which is totally free, $100 back after $500 in first 90 days, $50 towards annual online subscription, but best of all... 4% back on dining and 3% back on travel (also 2% online and 1% elsewhere). Redeemable for cash or Uber credits. I added this to go along with my Citi...
by ThePrince
Mon Apr 02, 2018 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Max-funding an Index Universal Life policy to the IRS limit??
Replies: 102
Views: 4946

Re: Max-funding an Index Universal Life policy to the IRS limit??

hlfo718 wrote:
Tue Mar 27, 2018 1:19 pm
How about you just give this "friend" $100 and tell him never to talk to you about investing again and use this forum as your adviser? This way you can save tens of thousands in fees and commissions while earning a higher return.
LOL.
by ThePrince
Thu Mar 29, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Cosign college loan for sibling?
Replies: 87
Views: 3798

Re: Cosign college loan for sibling?

A good rule of thumb is never make a personal loan, that you couldn't afford to write off as a gift. +1 You are not a bank and should not be used as one. To me it is either no or a gift of money. Has your brother looked for scholarships or considered transferring to less expensive school.? +1
by ThePrince
Sat Mar 17, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: At what point does it make sense to pay down your mortgage?
Replies: 76
Views: 7885

Re: At what point does it make sense to pay down your mortgage?

I have never seen a compelling reason to keep it. The spread never seems worth it when you map it out on an aggressive pay down. There is also a sequence of returns necessary to actually make a spread which is the risk no one likes to talk about. The inflation case does nothing for me either since ...
by ThePrince
Fri Mar 16, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: If you were to fully fund 2 Roths 22k tommorow.
Replies: 20
Views: 1407

Re: If you were to fully fund 2 Roths 22k tommorow.

livesoft wrote:
Thu Mar 15, 2018 6:35 pm
Since I roll with a 60/40 asset allocation I would put all of it in Vanguard LifeStrategy Moderate Growth while I sorted out what I really wanted to do with it.
60/40 for forty-years old? Personally, that seems too conservative to me.
by ThePrince
Thu Mar 15, 2018 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider an emergency fund as part of your overall allocation?
Replies: 24
Views: 2052

Re: Do you consider an emergency fund as part of your overall allocation?

broslami wrote:
Thu Mar 15, 2018 3:05 am
So for example if you have 90% stocks 10% bonds and an emergency fund of 10% of the total portfolio value, would you consider that as an 80/20 allocation?
No, my emergency fund is not part of my investment allocations.
by ThePrince
Thu Mar 15, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 187
Views: 18707

Re: Those with high savings rate: why?

EGARCH wrote:
Thu Mar 15, 2018 7:25 pm
  • Is it because you want to retire early, or
  • You are not sure what the future holds, e.g. low job security, or
  • You want to leave money to others, e.g. kids, grand kids, charity, or
  • You have no interest in increasing your consumption now, including giving more money to charity
  • etc.
Yes.
by ThePrince
Wed Mar 14, 2018 4:57 pm
Forum: Personal Consumer Issues
Topic: Credit card question - get Uber's new 4%er?
Replies: 22
Views: 2573

Re: Credit card question - get Uber's new 4%er?

The Uber card is now my most-used card. 4% restaurants. 3% travel (airlines, hotels, rideshares, etc). 2% online purchases. 0% foreign transaction fee. I recently went on a two-week trip overseas and that was a great combination of benefits on just one card. I'll stop before I sound too much like a...
by ThePrince
Wed Mar 14, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Credit card question - get Uber's new 4%er?
Replies: 22
Views: 2573

Re: Credit card question - get Uber's new 4%er?

The Uber card is now my most-used card. 4% restaurants. 3% travel (airlines, hotels, rideshares, etc). 2% online purchases. 0% foreign transaction fee. I recently went on a two-week trip overseas and that was a great combination of benefits on just one card. I'll stop before I sound too much like a...
by ThePrince
Tue Mar 13, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: College costs not covered by 529
Replies: 30
Views: 2391

Re: College costs not covered by 529

miamivice wrote:
Mon Mar 12, 2018 9:18 am
I would think that having a student responsible for his/her own cell phone bill after high school graduation would be a good start on the march toward financial independence from parents. Offhand I'm not seeing exactly why a parent would need to fund a college student's cell phone bill....

+1
by ThePrince
Tue Mar 13, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Dave Ramsey on Bonds
Replies: 107
Views: 8794

Re: Dave Ramsey on Bonds

I often question the role bonds have played in my portfolio. I am mid 50's with 40% bonds. I don't think that I, along with most Bogelheads, need bonds to keep me invested and "steady at the wheel". I do sometimes question this investing philosophy given how so many times bonds seem to move down in...
by ThePrince
Mon Mar 12, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: T Rowe Price?
Replies: 15
Views: 1212

Re: T Rowe Price?

I own four T. Rowe Price funds and have been quite happy with their (out)performance.
by ThePrince
Sat Mar 10, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 48
Views: 6358

Re: Online High yield savings account for emergency funds

Watching this as well. My current dissatisfaction with my Barclay's 1.2% savings account has me looking around at these other banks. https://www.depositaccounts.com/blog/best-online-savings-accounts.html This site has a regularly updated table with the highest yields. In the link you provide, it co...
by ThePrince
Sat Mar 10, 2018 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 48
Views: 6358

Re: Online High yield savings account for emergency funds

Watching this as well. My current dissatisfaction with my Barclay's 1.2% savings account has me looking around at these other banks. https://www.depositaccounts.com/blog/best-online-savings-accounts.html This site has a regularly updated table with the highest yields. You may want to double check y...
by ThePrince
Wed Mar 07, 2018 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Should I simplify my asset allocation?
Replies: 15
Views: 1706

Re: Should I simplify my asset allocation?

25% in REITs is a lot. Too much for me, personally.
by ThePrince
Wed Mar 07, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Should I "get divorced" for tax purposes (PSLF)
Replies: 57
Views: 3811

Re: Should I "get divorced" for tax purposes (PSLF)

I think this is really, really bad thinking. If you are really considering divorce so you can dodge a few thousand dollars a year in expenses with an almost 200000 income, your thinking is seriously flawed. I would suggest that you get serious about paying off the student loans. Don't pay minimums....
by ThePrince
Mon Mar 05, 2018 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Market Fund... Should I sell off some?
Replies: 19
Views: 2255

Re: Emerging Market Fund... Should I sell off some?

I would sell it because it is too expensive. If you wish to buy an em markets allocation, do it through a cheap index fund or etf. Vanguard and iShares have possible choices. I own PRMSX; it has beaten VWO and EEM over the past 10 years. Did it really? Looks like it did to me. What do you see? Hit ...
by ThePrince
Mon Mar 05, 2018 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Market Fund... Should I sell off some?
Replies: 19
Views: 2255

Re: Emerging Market Fund... Should I sell off some?

I would sell it because it is too expensive. If you wish to buy an em markets allocation, do it through a cheap index fund or etf. Vanguard and iShares have possible choices. I own PRMSX; it has beaten VWO and EEM over the past 10 years. Did it really? Looks like it did to me. What do you see? Hit ...
by ThePrince
Mon Mar 05, 2018 10:11 pm
Forum: Investing - Theory, News & General
Topic: Regrets / Pearls
Replies: 27
Views: 4360

Re: Regrets / Pearls

Other than that, remember the importance of family. In general, they’re the only people that will be there for you when things get hard. Try to stay on good terms with them even if they’re disagreeable. You’ll never know when your last conversation with them will actually end up being your last. I ...
by ThePrince
Mon Mar 05, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Emerging Market Fund... Should I sell off some?
Replies: 19
Views: 2255

Re: Emerging Market Fund... Should I sell off some?

Mors wrote:
Mon Mar 05, 2018 5:57 pm
I would sell it because it is too expensive.

If you wish to buy an em markets allocation, do it through a cheap index fund or etf. Vanguard and iShares have possible choices.
I own PRMSX; it has beaten VWO and EEM over the past 10 years.
by ThePrince
Sun Mar 04, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: 43 yr old reassessing portfolio/plan after being on auto-pilot
Replies: 18
Views: 2104

Re: 43 yr old reassessing portfolio/plan after being on auto-pilot

I would encourage you to pay off all the piddly student loans; they aren’t pets, stop keeping them around.
by ThePrince
Sun Mar 04, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Regrets / Pearls
Replies: 27
Views: 4360

Re: Regrets / Pearls

dwickenh wrote:
Sun Mar 04, 2018 5:26 pm
Invest in low cost diversified funds and don't look unless you have to.

Spend your money on experiences instead of things.

Love your family more than you worry about your money.

Dan
+1
by ThePrince
Sat Mar 03, 2018 12:27 am
Forum: Personal Finance (Not Investing)
Topic: 0% CC as part of EF
Replies: 31
Views: 1767

Re: 0% CC as part of EF

The Wizard wrote:
Fri Mar 02, 2018 2:48 pm
What's the right phrase here?
Borrow your way to prosperity?

No, I don't think that works...
+1
by ThePrince
Wed Feb 28, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 179
Views: 18933

Re: What was your % pay raise?

Three percent.
by ThePrince
Tue Feb 27, 2018 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Shifting from Roth to Traditional worth it ?
Replies: 11
Views: 953

Re: Shifting from Roth to Traditional worth it ?

danaht wrote:
Mon Feb 26, 2018 8:27 pm
At 28 and with the new lower income brackets - I would still focus on the Roth. Every dollar that goes into a roth is more powerful than the same dollar that goes into a traditional IRA.
+1
by ThePrince
Fri Feb 23, 2018 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Small Personal Loans for Mixed Martial Arts Training
Replies: 34
Views: 2660

Re: Small Personal Loans for Mixed Martial Arts Training

9-5 Suited wrote:
Fri Feb 23, 2018 1:34 am
Sounds like a fun call for The Dave Ramsey Show :)
LOL. I agree.
by ThePrince
Fri Feb 23, 2018 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 2% return?
Replies: 34
Views: 2834

Re: Guaranteed 2% return?

Hi, I am hoping someone can help me here. I have a large loan due in 5 years. The interest rate is extremely low (~2%). Due to some unexpected winnings, I have the ability to pay that loan money right away. From a purely financial sense, do I a) pay it off? b) invest the money somewhere else that c...
by ThePrince
Thu Feb 22, 2018 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: reverse mortgages
Replies: 3
Views: 488

Re: reverse mortgages

They are a poor choice...
by ThePrince
Thu Feb 22, 2018 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Small Personal Loans for Mixed Martial Arts Training
Replies: 34
Views: 2660

Re: Small Personal Loans for Mixed Martial Arts Training

I would suggest you save up the money and not go into debt.
by ThePrince
Wed Feb 21, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Interested on opinions on paying off low-rate ARM
Replies: 23
Views: 948

Re: Interested on opinions on paying off low-rate ARM

OP, 1) The house's mortgage is 2X your net worth. If you pay off the mortgage, your net worth is 5 times your annual expense. You are "House Poor". Whether you pay off your mortgage, does not change that. If you really worry about your financial future, you should downsize your house. Then, you cou...
by ThePrince
Wed Feb 21, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Blooom Robo Advisor for 401k asset allocation
Replies: 4
Views: 494

Re: Blooom Robo Advisor for 401k asset allocation

I have used Blooom for the past two years and have been extremely pleased with their service and the performance of my portfolio.
by ThePrince
Fri Feb 16, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: How Not to Get Rich - Mark Twain
Replies: 17
Views: 3548

Re: How Not to Get Rich - Mark Twain

Fallible wrote:
Fri Feb 16, 2018 3:06 pm
By the end of his life, Twain seemed to understsnd his problem - and humanity's:
When you remember we are all mad, the mysteries disappear and life stands explained.
+1
by ThePrince
Sat Feb 10, 2018 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to move to a lower paying career?
Replies: 53
Views: 4840

Re: Can I afford to move to a lower paying career?

Gotta go with the drunk guy, the captain, and the dude. You have enough. Do whatever makes you and your wife the happiest. Another +1 for the above. So I'm with the drunk guy, the captain, the Dude, and Quant. Your retirement will really tie the room together. +1. I'm with the drunk guy, the captai...
by ThePrince
Thu Feb 08, 2018 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Still waiting to invest?
Replies: 47
Views: 5930

Re: Still waiting to invest?

As someone who has tried every investing tactic known to man, if you are "waiting to invest," you are doing it wrong. http://www.online-stock-trading-guide.com/image-files/usdeclinestart.gif Please review this image. Where would you have invested if you are waiting? Probably, like most, you would h...
by ThePrince
Sun Feb 04, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: [Flawed?] Paying off mortgage in 5 years
Replies: 17
Views: 2200

Re: [Flawed?] Paying off mortgage in 5 years

A friend referred me to this article. He himself is executing this strategy and swears by it. http://www.claytonmorris.com/blog/2015/7/20/how-to-pay-off-your-house-within-5-years-using-these-awesome-ninja-tricks Curious on the Boglehead POV about this strategy for someone who wants to make paying o...
by ThePrince
Sat Feb 03, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Home Equity Loan to pay off Credit Cards
Replies: 9
Views: 697

Re: Home Equity Loan to pay off Credit Cards

Depends on why they have a credit card balance. Sounds like they have been living beyond their means and transferring the debt from their credit cards to their house will just dig themselves deeper into trouble, endangering the ownership of their house in addition to their credit. There is no evide...
by ThePrince
Sat Feb 03, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3648

Re: Do you live on a budget?

Halicar wrote:
Sat Feb 03, 2018 10:21 am
JPH wrote:
Sat Feb 03, 2018 8:23 am
No need to budget. I just live beneath my means.
I don't think those two things are mutually exclusive. In my experience, keeping very close track of where my money goes allows me to optimize my spending and saving.
+1
by ThePrince
Sat Feb 03, 2018 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3648

Re: Do you live on a budget?

gundlached wrote:
Sat Feb 03, 2018 8:57 am
Yes I used mint and now quicken. Without a budget I spend my entire check.
+1
by ThePrince
Sun Jan 28, 2018 11:36 am
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 34
Views: 2327

Re: Where do you get your auto loans?

Auto loans? A loan on a depreciating ‘asset’? No thank you.