Search found 225 matches

by 28fe6
Sun Dec 09, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3081
Views: 600798

Re: What's Your Credit Card Rewards Strategy?

For some reason nobody will give me any new cards, even though my scores are in the high 700s and even 800. I just applied for two cards and got declined. The stated reason was "too many new cards". I have only opened 2 cards this year, and one of them was an Amazon card. I read here about people op...
by 28fe6
Thu Dec 06, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: declining employer benefits?
Replies: 36
Views: 3966

Re: declining employer benefits?

This thread responses are very inconsistent. Some people say a refund is possible; others say the ACA imposes penalties for refunds. I guess I am not going to be declining benefits anyway, but which is it?
by 28fe6
Mon Dec 03, 2018 5:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home Buying - Calculators and Analysis
Replies: 9
Views: 877

Re: Home Buying - Calculators and Analysis

I myself use and like the rent-equivalent cost figure. I have always used it to conclude that I can't afford to rent, basically. Getting a 15 year mortgage makes that metric look a lot better, too. But do consider home owners expenses... I use 1% per year when projecting maintenance expenses. I'm lo...
by 28fe6
Sun Dec 02, 2018 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Price vs. Gross Income
Replies: 59
Views: 4283

Re: Home Purchase Price vs. Gross Income

First house ever, with dual income, was 1.6 at $170k. 15 year mortgage; all per Dave Ramsey. Second house we lost one income, needed space for kids, streched to 2.65 at $225k at purchase; sorry Dave; no regrets. Still 15 year mortgage though. Oddly, both salary and house have gone up a lot so the nu...
by 28fe6
Sat Dec 01, 2018 6:48 pm
Forum: Personal Consumer Issues
Topic: declining employer benefits?
Replies: 36
Views: 3966

Re: declining employer benefits?

Well I'm probably just stuck keeping their standard offering even though the premiums are $3000/year more and losing the HSA reduces my tax advantaged space by $7000/year. I figure that sets me back $3000-$4000 per year in the overall scheme. We had verbally agreed on a salary, but I think I will h...
by 28fe6
Sat Dec 01, 2018 1:08 pm
Forum: Personal Consumer Issues
Topic: declining employer benefits?
Replies: 36
Views: 3966

Re: declining employer benefits?

Well I'm probably just stuck keeping their standard offering even though the premiums are $3000/year more and losing the HSA reduces my tax advantaged space by $7000/year. I figure that sets me back $3000-$4000 per year in the overall scheme. We had verbally agreed on a salary, but I think I will ha...
by 28fe6
Sat Dec 01, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: declining employer benefits?
Replies: 36
Views: 3966

declining employer benefits?

Is it common or possible to decline employer health benefits? If you do, do you normally get any rebate of what the employer would otherwise contribute to your premiums? I'm sure dual-earning households do this all the time based on whose job has the better insurance. I have never been a dual-earnin...
by 28fe6
Fri Nov 30, 2018 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with $6,000 in gold and silver?
Replies: 40
Views: 3315

Re: What would you do with $6,000 in gold and silver?

I would put it in a simple document safe and forget about it.
by 28fe6
Fri Nov 30, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting strategies
Replies: 21
Views: 1802

Re: Budgeting strategies

You have to force yourself to stay on budget by removing the ability to over-spend. Dave Ramsey suggests using a cash envelope method for budgeting. I sincerely think it's best for most people if they would admit it. But since cash is not convenient in the US, the next best thing is to use debit car...
by 28fe6
Fri Nov 30, 2018 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Ally CC Offer
Replies: 35
Views: 3414

Re: Ally CC Offer

I got the Ally card for the bonus, but you should consider getting it and using it as your "bill pay" credit card, if you use Ally bank. Since it links up with the accounts and apps, it's very convenient. I like to have all my bills on a different card than my daily spend card in case my daily card ...
by 28fe6
Thu Nov 29, 2018 2:54 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 17922

Re: Bogle Sounds a Warning on Index Funds

I have a question... why can't the voting rights be transferred directly to the individuals? Perhaps a board could provide a recommendation, but provide an online portal where Vanguard index fund owners can go in and utilize their votes. The resulting democracy would definitely shake things up. CxO...
by 28fe6
Wed Nov 28, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Food budget based on government assistance or CPI
Replies: 16
Views: 1502

Re: Food budget based on government assistance or CPI

OK, those of you who are spending less than the thrifty plan amount INCLUDING restaurant meals - how are you managing it? Where I live you cant take a family of 4 out to any real sit down restaurant - even a chain - for less than $70-100 a pop. If you order carefully you can. I have three kids and ...
by 28fe6
Mon Nov 26, 2018 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8193

Re: paying off all but 1 dollar of CC

For those who wanted "proof" here is what made me start the thread. After re-reading it, it's a bit ambiguous, but I don't know why he advocates "letting them earn a bit more interest". https://turbotaxcommunity.com/t5/Credit-Score/How-to-Raise-Your-Credit-Score/m-p/329#M14 1. Don't payoff your mont...
by 28fe6
Mon Nov 26, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: Food budget based on government assistance or CPI
Replies: 16
Views: 1502

Re: Food budget based on government assistance or CPI

Excellent. I'm surprised how high the numbers are. I'm pretty sure I already spend less than the thrifty plan $160/wk), and that's with a couple of out-to-eat meals included!
by 28fe6
Mon Nov 26, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8193

Re: paying off all but 1 dollar of CC

Don’t fall for this trick. Was it the credit card company that told you this? Can you figure out why they would say this? Your $1 plan is not what they expect but I’ve never paid a penny in credit card interest and my score is high enough. This thread exists, not because the OP read some misinforma...
by 28fe6
Mon Nov 26, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Food budget based on government assistance or CPI
Replies: 16
Views: 1502

Food budget based on government assistance or CPI

I'm trying to establish a "reasonable and prudent" food budget. Opinions vary widely within my peer group. I have one friend who says you can't possibly survive on less than $1200/mo of groceries. Then there are frugalbloggers out there who claim to feed 7 children on $60/mo. There seems to be a lot...
by 28fe6
Sun Nov 25, 2018 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8193

paying off all but 1 dollar of CC

I have heard it said that you will build your credit score faster by not paying off your credit cards completely. Rather, pay all but 1 dollar of the balance in order to incur some interest charges. This supposedly helps your credit, according to Intuit among other random places I have heard it. Is ...
by 28fe6
Sat Nov 24, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 5439

Re: New TV Recommendations Please?

can't we just go down there and take a look? The best TVs for picture quality - plasma several years ago, OLED now - often won't look as good as LCDs under these conditions, because LCDs can go brighter. (I suspect this is one of the reasons plasmas went away; those "in the know" knew they had the ...
by 28fe6
Wed Nov 21, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Myrtle Beach with Young Kids
Replies: 3
Views: 741

Re: Myrtle Beach with Young Kids

island vista
by 28fe6
Sun Nov 18, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5467

Re: New job concerns

Threads like this make me happy I have never worked somewhere where effectiveness of salaried employees is judged by hours in the office. Even reading that managers think that way makes me sad a little. +1. Thankfully the millennial generation has less patience for this kind of nonsense. Pulling th...
by 28fe6
Sun Nov 18, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5467

Re: New job concerns

Threads like this make me happy I have never worked somewhere where effectiveness of salaried employees is judged by hours in the office. Even reading that managers think that way makes me sad a little.
by 28fe6
Sun Nov 18, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating offer when you gave a number early in the interview
Replies: 23
Views: 2616

Re: Negotiating offer when you gave a number early in the interview

Take what you said you would take earlier, and work on increasing it later. Unless you were lying, you should be happy with what you said. Sure you could get more, but that's always the case to some extent. Finding out your employer has extra margin and there's more money on the table than you thoug...
by 28fe6
Fri Nov 16, 2018 10:12 pm
Forum: Personal Consumer Issues
Topic: Foreign Currency
Replies: 24
Views: 1031

Re: Foreign Currency

Been there many times. The correct answer is "any 7bank ATM". It's both the most convenient and the cheapest. Never had trouble with any US debit card. In the big cities more and more things are accepting CCs, but it's still a place where cash is necessary, and for that reason, actually cash is ofte...
by 28fe6
Thu Nov 15, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: best way to find flights
Replies: 13
Views: 1881

Re: best way to find flights

Google flights seems pretty good; at first I couldn't figure out how to get it to show only business class.

But it still makes you choose an exact date and doesn't let you enter a range for departure/return dates.
by 28fe6
Thu Nov 15, 2018 1:31 pm
Forum: Personal Consumer Issues
Topic: best way to find flights
Replies: 13
Views: 1881

best way to find flights

I have an upcoming business trip to Germany for a certain week in December. I am flexible on the departure date, return date, flight times, even airlines, but I need business class. I'm finding that most online fare websites do not allow you to search by a range of dates, even though it's clear that...
by 28fe6
Tue Nov 13, 2018 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 7042

Re: Roth vs. Traditional 401k

It's as simple as this people... If you can lock in a low contribution rate to any kind of Roth contributions... DO IT NOW!!! I think part of the disagreement here is over different definitions of "low". I'm sure for many of the members here, 12% seems very low, but it's still my maximum/marginal r...
by 28fe6
Tue Nov 13, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 21
Views: 2788

Re: why so few 50/50 balanced funds?

I also prefer 50/50 but 60/40 is practically the same thing. In my opinion small differences in AA aren't significant, but staying the course definitely is. So even though I would prefer an AA of 50/50, a 60/40 balanced fund is still good for me.
by 28fe6
Mon Nov 12, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3081
Views: 600798

Re: What's Your Credit Card Rewards Strategy?

I actually call customer service about once per year on cards I intend to keep and ask if they can increase my credit limit. They often just bump up the limit without even re-pulling my credit or anything.
by 28fe6
Mon Nov 12, 2018 6:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth vs. Traditional 401k
Replies: 132
Views: 7042

Re: Roth vs. Traditional 401k

It's hard to predict the future, so any of us may end up choosing "wrong" between Roth and Deferred. But I always think about what happens if I end up having chosen wrong. Assuming our general tax system of graduated brackets, deductions, etc. remains, the biggest "knob" that will impact your margin...
by 28fe6
Sun Nov 11, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Roth Investment Theory
Replies: 45
Views: 3747

Re: Roth Investment Theory

Also, you should throw out the concept of "dollar cost averaging" into your mental garbage can. It's an inferior and completely illogical strategy that doesn't deserve another thought in your lifetime. That's an extraordinarily broad (and negative) statement. Yes, generally the market goes up, so i...
by 28fe6
Sat Nov 10, 2018 3:18 pm
Forum: Personal Consumer Issues
Topic: International Travel during Maternity/Paternity
Replies: 86
Views: 3670

Re: International Travel during Maternity/Paternity

Worst idea ever. I would suggest staying home with your baby, then sending somebody else on the trip instead. At least then somebody will enjoy the trip, and your baby will be happier and safer. In all honesty you should have done the trip before you had a baby. This is one of the reasons people don...
by 28fe6
Sat Nov 10, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Online one-on-one language tutoring experience?
Replies: 4
Views: 294

Re: Online one-on-one language tutoring experience?

I am at the same stage with an Asian language I am interested in for business reasons. I have spent enough time on classroom-style studying; now I am at the point where 10 minutes of conversation per week would do more than 10 hours of studying books per week. It's difficult to find a resource willi...
by 28fe6
Fri Nov 09, 2018 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Doing taxes by hand
Replies: 83
Views: 4960

Doing taxes by hand

I am attracted to the idea of doing my taxes by hand with no software. Just the forms, a pencil, and calculator. Especially since TurboTax is like $70 now. For 2018 I will have no itemized deductions but I will have ESPP and RSU sales, and of course contributions to retirement accounts. Is it a bad ...
by 28fe6
Thu Nov 08, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: 2019 Subaru Outback 2.5 vs 3.6
Replies: 43
Views: 4905

Re: 2019 Subaru Outback 2.5 vs 3.6

I just rented an Outback. I assume it was a 4. I don't consider myself a lead-foot, but I was not happy with the acceleration. My Chrysler minivan is much faster, which says something. I would recommend the 6 unless you are just not sensitive to slow cars.
by 28fe6
Thu Nov 08, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: high deductible vs. PPO calculation--high deductible always wins?
Replies: 35
Views: 3116

Re: high deductible vs. PPO calculation--high deductible always wins?

If I get a non-HDHP plan, I will be eligible for an FSA. I have never had an FSA before. My experience is that switching companies with an HSA can be a good thing since any company seed money is generally frontloaded, so switching companies means you may be able to double-dip seed money from both co...
by 28fe6
Tue Nov 06, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7577

Re: Never thought of living in Bay Area but just got a call from Tesla

It's not a good deal. Almost impossible for companies at that stage of development to be a good deal.

They called me too. I said no thanks. Turn and run.
by 28fe6
Tue Nov 06, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: Anyone ever “borrow” against their emergency fund?
Replies: 23
Views: 2524

Re: Anyone ever “borrow” against their emergency fund?

After the recent dip, I moved about 1/3 of my EF money from my EF to our IRA's. After my bonus cleared a couple weeks later, I replenished it.

Liquidity is one of the major benefits of cash; might as well use it to cover short term needs even if they aren't emergencies.
by 28fe6
Mon Nov 05, 2018 5:29 am
Forum: Personal Consumer Issues
Topic: Changing jobs
Replies: 4
Views: 655

Re: Changing jobs

Current employer policy is that vacation does not count towards 2-week notice, and failing to give full 2 week notice forfeits all accrued vacation.
by 28fe6
Sun Nov 04, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Changing jobs
Replies: 4
Views: 655

Changing jobs

I'm expecting an offer from a company while I am already employed. It's been so long since I've switched jobs I don't remember what I did last time. Is there a checklist for this? I'm mainly concerned about what might happen if I don't have insurance coverage for a week or month or something and som...
by 28fe6
Sun Nov 04, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: Buying a mini-van
Replies: 25
Views: 1838

Re: Buying a mini-van

Love my Town and Country Touring. Very practical and cost effective vehicle. My second choice would be a Sienna.
by 28fe6
Sat Nov 03, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Target Red Card Auto-Pay Deceit Warning
Replies: 19
Views: 1747

Re: Target Red Card Auto-Pay Deceit Warning

I agree auto-pay systems are confusing. I have my Uber Visa set up with statement-balance autopay. I cannot make extra payments or pre payments because it always tells me I already have scheduled payments for the full balance. I find it annoying and other cards aren't like that.
by 28fe6
Sat Nov 03, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: high deductible vs. PPO calculation--high deductible always wins?
Replies: 35
Views: 3116

Re: high deductible vs. PPO calculation--high deductible always wins?

I didn't know that premiums didn't count towards OOP max... I've thankfully never got close to my OOP max. I will re-do the calculations. This does make the PPO look even worse... I suppose advocates of the PPO might accuse me of only looking at the bottom line and not taking into account what I got...
by 28fe6
Sat Nov 03, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: high deductible vs. PPO calculation--high deductible always wins?
Replies: 35
Views: 3116

high deductible vs. PPO calculation--high deductible always wins?

This happens to me multiple times. I calculate cost of my company's HSA/HDHP option and the PPO option, and I conclude the HDHP option is better. I did this even when I knew I was going to have a baby that year. Others at my company don't agree with me, and think I'm crazy for going with the high-de...
by 28fe6
Thu Nov 01, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: DAF - Vanguard or Fidelity? (donor advised fund)
Replies: 26
Views: 1637

Re: DAF - Vanguard or Fidelity? (donor advised fund)

I'm planning on starting a Fidelity DAF because of the minimums and I find the $100 annual fee reasonable. How do you arrange actually paying charities from the Fidelity DAF? I'm sure you can set up recurring things, but what about more spontaneous giving or one-time donations. Do you get a check-bo...
by 28fe6
Thu Nov 01, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3081
Views: 600798

Re: What's Your Credit Card Rewards Strategy?

I actually dumped BOA cards because they were hands-down the least convenient CC provider I have had.
by 28fe6
Sun Oct 28, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 244
Views: 28188

Re: How many of you have cut the cord?

Since I'm paying for both home and mobile internet, I have considered the possibility of cutting my home internet and just using Project Fi data. I'm paying $55/ mo for house internet which buys 5.5GB of Fi data. Haven't made the jump yet but the $55 bill still bothers me.
by 28fe6
Fri Oct 26, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: Capital gain bracket question
Replies: 5
Views: 948

Re: Capital gain bracket question

I did not know that.

I doubt there is any "reason"...
by 28fe6
Fri Oct 26, 2018 8:28 am
Forum: Personal Consumer Issues
Topic: How many of you have cut the cord?
Replies: 244
Views: 28188

Re: How many of you have cut the cord?

Never had the cord. I don't have the money for cable, but more importantly I don't have the time. When I read about how many hours the average person spends watching TV I'm always shocked. How can they possibly have that much free time to waste? The same people spending 20 hours or more per week in ...
by 28fe6
Mon Oct 22, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to deal with recruiters when not actively looking for job?
Replies: 21
Views: 2765

Re: How to deal with recruiters when not actively looking for job?

I get this a lot; 80% are opportunities I know will never work out. But just because the opportunity they have isn't good doesn't mean the recruiter might not be useful in the future. I treat them like any other business contact. That means ignoring them isn't optimum. Tell them you are interested, ...