Search found 738 matches

by rich126
Tue Oct 15, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: How much do you spend on cellular annually?
Replies: 44
Views: 2218

Re: How much do you spend on cellular annually?

Internet (Cox 10 Mbps) - $44.99/month = $539.88 Annually My Cell Phone (Tello 1GB Data + Unlimited Text) - $6.00/month = $72 Annually Wife's Cell Phone (RedPocket 500 Voice, 500 Text, 200Mb) - $3.01/month = $36.12 Annually Daughter's Phone (FreeUp 100 Voice, 100 Text, 100mb) - $0/Month = $0 Annuall...
by rich126
Mon Oct 14, 2019 10:01 pm
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8196

Re: highly compensated employee (HCE) Time bomb?

Thanks for bringing this up. Although my current employer plan is a safe harbor plan, I had no idea what it meant. Your statement caused me to look it up. I'll have to check around and see how common it is to have one. I don't expect to stay at my next job more than 2-3 years so I'd like to find so...
by rich126
Mon Oct 14, 2019 9:58 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on cellular annually?
Replies: 44
Views: 2218

Re: How much do you spend on cellular annually?

Internet (Cox 10 Mbps) - $44.99/month = $539.88 Annually My Cell Phone (Tello 1GB Data + Unlimited Text) - $6.00/month = $72 Annually Wife's Cell Phone (RedPocket 500 Voice, 500 Text, 200Mb) - $3.01/month = $36.12 Annually Daughter's Phone (FreeUp 100 Voice, 100 Text, 100mb) - $0/Month = $0 Annuall...
by rich126
Mon Oct 14, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Cancellating and Insurance Rates
Replies: 27
Views: 1347

Re: Credit Card Cancellating and Insurance Rates

Anytime there is a credit on your card (i.e., you overpaid or returned something), you can ask for a check. Often they will automatically send out a check after a few months. Credit scores fluctuate frequently. Recently I've had a number of things going on. Sold a house, paid off a mortgage, got cre...
by rich126
Mon Oct 14, 2019 1:29 pm
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8196

Re: highly compensated employee (HCE) Time bomb?

I'm not sure of the details but I've been over that amount for a while and haven't encountered any issues. And there are more things involved than just what I copied above. There is no ADP testing for employee deferrals and ACP testing for employer contributions in a safe harbor plan. Also, even if...
by rich126
Mon Oct 14, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on clothing?
Replies: 38
Views: 2335

Re: How much do you spend on clothing?

I just said told a friend "I'm glad I didn't go into finance since I don't wear ties or like to dress up". I've lived in jeans (mostly) and a polo with black shoes for the last 15+ years. Other than a funeral I haven't worn a tie or suit (and probably don't have one that fits). I just don't see the ...
by rich126
Mon Oct 14, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4748
Views: 1226315

Re: What Movie Have You Recently Watched?

I'm not a big movie goer, I prefer the comforts of my home but I have a friend who likes going so we go to a nice theater (fancy recliners) for a matinee. Anyhow we saw Joker on Friday. It was well done but not what I expected. I thought it was very slow for about 75% of the movie. My friend (an old...
by rich126
Mon Oct 14, 2019 10:10 am
Forum: Personal Consumer Issues
Topic: Ability to Stream NFL Games (Sundays, Mondays, Thursdays)
Replies: 38
Views: 3608

Re: Ability to Stream NFL Games (Sundays, Mondays, Thursdays)

NFL game pass works really well and its $99 plus taxes (as long as you can wait till the game is over to watch it with no commercials). When it comes to sports, I'm not much of a watch after it is over type of person. I find it hard to avoid finding out who won and at that point, I have lost all in...
by rich126
Mon Oct 14, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Applying to a Federal Job
Replies: 23
Views: 1749

Re: Applying to a Federal Job

You probably already figured this out but the process is extremely tedious and lengthy. I've never gotten far with USAJOBs but I had a late friend who did get interviews and a job offer (which he turned down). Depending on the type of job, some federal jobs you apply directly to the agency (e.g., CI...
by rich126
Mon Oct 14, 2019 12:14 am
Forum: Investing - Theory, News & General
Topic: How often do you look at your IRA or 401K Balances
Replies: 48
Views: 2618

Re: How often do you look at your IRA or 401K Balances

Honestly it was pretty rare. I never tracked balances until about 6 years ago. And that was due to a job requirement to report year end assets. Now I’m within 4 years of retirement so I look at it more frequently so see where I’m at. I honestly don’t know why anyone who is decades from retirement wo...
by rich126
Fri Oct 11, 2019 11:03 am
Forum: Non-US Investing
Topic: Just started with P2P lending (Mintos). How risky is it?
Replies: 27
Views: 2151

Re: Just started with P2P lending (Mintos). How risky is it?

I'm not sure about Mintos but this has been discussed on some other sites and the people who have done it, indicated that their net gains tend to be in the 5-6% range. It wasn't worth it for them to continue. Try it with a small amount that you don't mind risking/losing and see how it goes. The gain...
by rich126
Fri Oct 11, 2019 10:59 am
Forum: Investing - Theory, News & General
Topic: Is home bias really biased?
Replies: 12
Views: 936

Re: Is home bias really biased?

Ged wrote:
Fri Oct 11, 2019 9:22 am
US GDP is 24% of world GDP.

An unbiased portfolio would reflect that 1:3 ratio.

Does that mean you need an unbiased portfolio? Nope.
And that has declined from 40% in 1960. What that means in terms of investing is up to you.
by rich126
Fri Oct 11, 2019 10:14 am
Forum: Personal Consumer Issues
Topic: Best No Annual Fee Visa Credit Card with Cash Back
Replies: 56
Views: 4552

Re: Best No Annual Fee Visa Credit Card with Cash Back

I guess I don't understand the exclusion of annual fees. An annual fee doesn't make a card bad, nor does it make it good. For example if one card gives you 6% back on groceries but charges $100 per year and another gives you 3% but has no annual fee, you can do the math and figure out where the "pro...
by rich126
Thu Oct 10, 2019 2:40 pm
Forum: Investing - Theory, News & General
Topic: Motley Fool
Replies: 21
Views: 2681

Re: Motley Fool

They have a few discussion boards with some good posters. You should be able to access that for free. Paying for any of their services is a bad idea IMO. I've been around their boards for a good ~20 years. A few of their subscriptions have been around for a while but like most, they start one, it do...
by rich126
Thu Oct 10, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Any credit cards with good price matching protection?
Replies: 14
Views: 916

Re: Any credit cards with good price matching protection?

Helo80 wrote:
Thu Oct 10, 2019 1:13 pm
I think it's a feature that got heavily abused by some and hence it's no longer worth carrying/offering for the issuers.
Yeah, technology made it easier for people to track price changes and if a bunch of people were getting hundreds of dollars back a year, it just isn't cost effective.
by rich126
Thu Oct 10, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 160
Views: 13152

Re: John Bogle’s formula says 1% real stock returns likely over next decade

Over the last 12 months 1% would look good compared to the 1 point the SPY has risen (287.4 to 288.5). I think that is about 0.3% for the year ending 10/8/2019. I wouldn't be surprised if the market has a rough decade. [snip] Nice thoughts, thanks. Mind sharing your asset allocations in more detail...
by rich126
Thu Oct 10, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1161

Re: FEHB clarifications and open enrollment

The cost for a family of two is basically the same as if you have kids. For example BCBS biweekly premium for just yourself is 76, for a couple it is 179 and for a family 191. I recently left and while I don't have BCBS I certainly pay less and so far prescriptions and the like have been cheaper. G...
by rich126
Thu Oct 10, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Disadvantages of a bank signup bonus
Replies: 46
Views: 4024

Re: Disadvantages of a bank signup bonus

I think I've only done one of these about 10+ years ago with Chase. I think it was an easy $150. I've thought about doing it again and for the right price and minimal inconvenience I might do it again when I have more time. I don't mind getting bonuses but I'm not one who chases them and also not lo...
by rich126
Wed Oct 09, 2019 10:28 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 53
Views: 3928

Re: Artificial Intelligence and the stock market

At least 20 years ago I know people were trying to use neural net software to predict the stock market. We were using the software in other ways.
by rich126
Wed Oct 09, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Consumer Reports
Replies: 36
Views: 3138

Re: Consumer Reports

It's often worth it to me, but not as much as it was a few decades ago. I've been digital-only for years. There are periods when I let it lapse, and then re-subscribe when they offer a deal. I find the automotive and appliance reviews most useful, and the more tech-oriented things less useful (of c...
by rich126
Wed Oct 09, 2019 4:00 pm
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 160
Views: 13152

Re: John Bogle’s formula says 1% real stock returns likely over next decade

owenmia wrote:
Wed Oct 09, 2019 3:16 pm
Why risk your life savings for 1%?
In many cases, people have no choice and are hoping for something better than 1%. And 1% real is better than 0% or negative real returns.
by rich126
Wed Oct 09, 2019 3:57 pm
Forum: Personal Investments
Topic: Fee-only planner for federal employees?
Replies: 28
Views: 1632

Re: Fee-only planner for federal employees?

I haven't used him and he isn't local but there is a guy in Alaska (yes, Alaska) that seems very knowledgeable and does consultations, etc. over the phone. If you google the state and federal retirement I'm sure his name would pop up near the top of the list. I think there are various levels of serv...
by rich126
Wed Oct 09, 2019 10:19 am
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 160
Views: 13152

Re: John Bogle’s formula says 1% real stock returns likely over next decade

Over the last 12 months 1% would look good compared to the 1 point the SPY has risen (287.4 to 288.5). I think that is about 0.3% for the year ending 10/8/2019. I wouldn't be surprised if the market has a rough decade. And I'm not saying overseas will do well but just because it seems to be a mess r...
by rich126
Wed Oct 09, 2019 9:46 am
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8196

Re: highly compensated employee (HCE) Time bomb?

It is simply a rule/law from the IRS. https://smartasset.com/retirement/401k-highly-compensated-employee Received $120,000 or more in compensation from the employer that sponsors his or her 401(k) plan in the previous year. Owns more than 5% of interest in the business sponsoring the plan at any poi...
by rich126
Tue Oct 08, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1161

Re: FEHB clarifications and open enrollment

There are a few exceptions. Once you reach minimum retirement age (MRA), have had 5 years of continuous health insurance via FEHB, and have at least 10 years of service, you can take a postponed retirement. In that case everything gets "suspended" and when you turn 62 (60 if you had 20 years of ser...
by rich126
Tue Oct 08, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: FEHB clarifications and open enrollment
Replies: 16
Views: 1161

Re: FEHB clarifications and open enrollment

There are a few exceptions. Once you reach minimum retirement age (MRA), have had 5 years of continuous health insurance via FEHB, and have at least 10 years of service, you can take a postponed retirement. In that case everything gets "suspended" and when you turn 62 (60 if you had 20 years of serv...
by rich126
Tue Oct 08, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: relocating across country
Replies: 47
Views: 3031

Re: relocating across country

Personally I couldn't imagine driving across country but I know some people don't mind long road trips. I've never had any issues with shipment of cars. They usually arrived within 2 weeks and usually much sooner. I think this last time it was picked up on a Thursday (east coast) and they were sched...
by rich126
Mon Oct 07, 2019 9:14 pm
Forum: Non-US Investing
Topic: Why emerging market bonds?
Replies: 31
Views: 2521

Re: Why emerging market bonds?

FYI. FNMIX manager John Carlson is retiring at the end of the year.
by rich126
Mon Oct 07, 2019 9:06 pm
Forum: Personal Consumer Issues
Topic: Illness "loophole" for Travel Cancellation Insurance
Replies: 10
Views: 1103

Re: Illness "loophole" for Travel Cancellation Insurance

That’s the frustrating thing. You buy something to protect you but you still lose out. I know someone will say read the details but most of us are busy and aren’t lawyers. A few years ago the night before a late fall trip to Europe i had a dental appt to install a permanent crown. On the way out it ...
by rich126
Mon Oct 07, 2019 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should a job offer include details about relocation package?
Replies: 20
Views: 1907

Re: Should a job offer include details about relocation package?

Of course they should. I've done it three times and all included information about relocation. Whether it was a flat amount or something that provided real estate commissions, hotel stays, upfront cash to cover odds and ends, etc. Packages vary greatly by companies and by your salary level (and I gu...
by rich126
Mon Oct 07, 2019 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: What are the essential and discretionary expenses in a retirement budget?
Replies: 110
Views: 6130

Re: What are the essential and discretionary expenses in a retirement budget?

At first I thought these projections were for a single. But I see OP references the pronoun "we" in several places, so now I have to assume this is a couple :?: $8,500 a year for "groceries, gasoline and clothes" works out to $708 a month. Even if you spend only $100 of that on gas for the car, and...
by rich126
Mon Oct 07, 2019 6:05 pm
Forum: Personal Consumer Issues
Topic: New Car vs Fixing old car
Replies: 11
Views: 915

Re: New Car vs Fixing old car

That is a lot of money. As cars get older and the repairs get more expensive, I usually try to figure out how many months I would need the car to last vs. the cost of a new car with a loan. For example if a new car loan would typically be $400/month then I'd expect a $4,000 repair to last at least 1...
by rich126
Mon Oct 07, 2019 5:59 pm
Forum: Personal Consumer Issues
Topic: 2010 Prius totaled.... Now what?
Replies: 40
Views: 3447

Re: 2010 Prius totaled.... Now what?

It is pretty frustrating and one reason I won't buy anything expensive. The last "expensive" car I had (relative to my salary at the time) was a Toyota MR2. It was tons of fun to drive and I did get 150,000 miles and 10 years out of it before I got rid of it. Also it was the only car I had that was ...
by rich126
Mon Oct 07, 2019 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: FERS Annuity: after tax paycheck deduction
Replies: 8
Views: 655

Re: FERS Annuity: after tax paycheck deduction

That's an interesting idea. Does reducing your payments in reduce your ultimate payments out though? That answer has to be no. The pension is calculated on your average salary over your highest 3 years times years of service, with a bonus if you wait to retire at age 62. The contribution amount is ...
by rich126
Mon Oct 07, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Dropping Interest Rates on High-Yield Savings
Replies: 31
Views: 4336

Re: Dropping Interest Rates on High-Yield Savings

Thanks for your thoughts. No penalty CD's are probably my ticket. Interesting...Marcus current rates: 7 Month No-Penalty CD 2.10% 11 Month No-Penalty CD 1.90% 13 Month No-Penalty CD 1.85% That is typical of most things right now. Longer term, except for extreme long term, you get less interest. Par...
by rich126
Sun Oct 06, 2019 6:37 pm
Forum: Personal Consumer Issues
Topic: Broken driver-side window. What to do?
Replies: 30
Views: 2267

Re: Broken driver-side window. What to do?

Calling your insurance company is free. Unless they pay out, nothing impacts anything. Call them. Amazes me when people avoid calling their insurance company. That's what you pay them for. They will always tell you IF something is going to impact your rates BEFORE it does. Hit pothole and had a blo...
by rich126
Sun Oct 06, 2019 12:42 am
Forum: Personal Consumer Issues
Topic: IPhone 6 - showing some age
Replies: 98
Views: 9418

Re: IPhone 6 - showing some age

My iphone 6 is still going. Probably will replace it within a year. Once in a while it seems sluggish but a reboot fixes it.
by rich126
Sun Oct 06, 2019 12:39 am
Forum: Personal Investments
Topic: Reality check
Replies: 21
Views: 2737

Re: Reality check

You mentioned a few numbers but let’s assume $1M and needing $40K. I’m not sure I’d want to spend 7.5% of that on an advisor unless I felt really terrible at management of my money. A portfolio as you constructed will likely have some substantial drawdowns in the 35-40+% range. If I was retired a dr...
by rich126
Sat Oct 05, 2019 9:44 pm
Forum: Personal Consumer Issues
Topic: French Doors Suggestions/Tips?
Replies: 11
Views: 1068

Re: French Doors Suggestions/Tips?

Just beginning to price out options. If it seems too much I’ll keep what I have. In AZ issues with flying insects is much, much less than many other places, especially back east where I am from. Space for french doors isn’t an issue. And you can have screens with most style of doors. One of the high...
by rich126
Sat Oct 05, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Bank canceling credit cards??
Replies: 29
Views: 4511

Re: Chase Bank canceling credit cards??

From that point on, I always have multiple cards. Most sit in a box at home. Some I only use when traveling, others I rotate. For some reason people seem to think it is bad to have multiple cards, it isn't. There are drawbacks, primarily on the organisational side. Many more statements to verify, h...
by rich126
Fri Oct 04, 2019 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: relocating across country
Replies: 47
Views: 3031

Re: relocating across country

I’ve moved nearly coast to coast 3 times. One time I was limited to $25k and fortunately that was the time I was not selling a house. In that case it covered the moving of house goods, car and closing costs of a new home. I rented out my other home. My other times they covered selling of the house, ...
by rich126
Fri Oct 04, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: French Doors Suggestions/Tips?
Replies: 11
Views: 1068

French Doors Suggestions/Tips?

I have a house in Scottsdale, AZ. Currently I have some older sliding doors that lead to the backyard/patio/pool. It is mostly southern facing although the patio roof helps a bit with the sun. I'm looking at replacing them with some kind of french doors, accordion style, etc. Any suggestions as to w...
by rich126
Thu Oct 03, 2019 11:26 pm
Forum: Personal Investments
Topic: Commission free dividend stock portfolio
Replies: 15
Views: 1229

Re: Commission free dividend stock portfolio

The obvious problem is that this is bad timing. With rates low, the market highish people seem to be stretching for yields. If the market hits a nice down turn they some quality stocks would likely be available to buy.
by rich126
Thu Oct 03, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Chase Bank canceling credit cards??
Replies: 29
Views: 4511

Re: Chase Bank canceling credit cards??

The actionable lesson from this experience is to maintain relationships with multiple financial institutions. E.g., having only one credit card (as the OP´s friend did) can leave a person seriously inconvenienced when stuff like this happens. Absolutely. A single card issuer/single bank can let you...
by rich126
Thu Oct 03, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Wire transfer routing number mix up.
Replies: 12
Views: 1213

Re: Wire transfer routing number mix up.

I recently sold a house and had to provide a number for them to wire the money to my bank. Fortunately I was very careful and learned that there were differing routing information depending on whether the transfer was a wire vs ACH. And apparently the term EFT is an umbrella term covering any form o...
by rich126
Thu Oct 03, 2019 9:51 am
Forum: Personal Consumer Issues
Topic: Video Doorbell without monthly Subscription
Replies: 9
Views: 1573

Re: Video Doorbell without monthly Subscription

Eufy Security Video Doorbell

Data is stored locally. No monthly fees.
by rich126
Wed Oct 02, 2019 5:40 pm
Forum: Investing - Theory, News & General
Topic: If all brokerages charged zero commission for trades, which brokerage would you pick?
Replies: 75
Views: 6231

Re: If all brokerages charged zero commission for trades, which brokerage would you pick?

Interactive Brokers seems to be very highly rated for people who trade a lot and actually need a lot of brokerage services. Personally, I could get by without a broker if Vanguard still offered directly held mutual fund only accounts. I do make use of Fidelity's bank-like features of their 'Cash Ma...
by rich126
Wed Oct 02, 2019 3:26 pm
Forum: Personal Investments
Topic: Learnings/Regrets from last two recessions
Replies: 91
Views: 12003

Re: Learnings/Regrets from last two recessions

Don’t listen to the experts especially if it completely defies the reality on the ground. In 1999, the workplace retirement advisor told me I did not have enough in tech stocks. I had my equity investments mostly funds that behaved like S&P 500 index and total stock. Tried to get me to put 50% of a...
by rich126
Wed Oct 02, 2019 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Car price ratio to NW
Replies: 140
Views: 8773

Re: Car price ratio to NW

With cars people often lose common sense but it all depends. Personally I think cars are the biggest mistake people make. Housing people may buy more than they need but, at least for me, the house usually doesn't lose money in the long run. Cars largely end up worthless at some point. And my biggest...