Search found 172 matches

by viz
Sun Jan 20, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Best Budgeting App/Program
Replies: 10
Views: 710

Re: Best Budgeting App/Program

I have used mint, personal capital and ynab. I prefer mint for tracking assets and liability. I prefer ynab for budgeting. YNAB takes some time to get used to and requires some effort to file your expenses in the right category. I like this as it makes me think more about our spending and how to opt...
by viz
Fri Jan 18, 2019 11:54 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve and Costco travel
Replies: 2
Views: 693

Re: Chase Sapphire Reserve and Costco travel

oko wrote:
Fri Jan 18, 2019 11:24 pm
Yes, I did and can confirm. In fact I got my $300 travel refund from that purchase.
Thank You!
by viz
Fri Jan 18, 2019 11:02 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire Reserve and Costco travel
Replies: 2
Views: 693

Chase Sapphire Reserve and Costco travel

I am planning to book a vacation through Costco and it costs enough that if I put it on CSR, I will qualify for the bonus. Any CSR holder can confirm that vacation booked through Costco will count as travel for points? Thanks
by viz
Thu Jan 17, 2019 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Investment Allocations in Brokerage vs. Retirement Accounts
Replies: 8
Views: 651

Re: Investment Allocations in Brokerage vs. Retirement Accounts

And I will tell you how I do it :D First, MF and ETF are mostly the same. ETF are more tax efficient than MF except for vanguard which has some patent. Please read https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bogleheads.org/wiki/Tax-efficient_fund_placement for efficiently placin...
by viz
Thu Jan 17, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Any MD pursued a CFA? Thoughts?
Replies: 27
Views: 2446

Re: Any MD pursued a CFA? Thoughts?

I am not a MD but have considered doing finance related coursework for fun :happy Based on your interest and career alignment, maybe consider a certificate in accounting and finance from a local college? It would be cheaper than MBA and would give you a good foundation in finance side of the busines...
by viz
Wed Jan 16, 2019 12:53 am
Forum: Investing - Theory, News & General
Topic: Understanding leverage with call options and futures (LEAPS)
Replies: 7
Views: 655

Re: Understanding leverage with call options and futures (LEAPS)

Based on the OP 2 posts, I would strongly encourage you to please read more about options and how they work before investing. Please understand the difference between call and put, different elements that determine and affect price of an option. There are tools available to model option prices and m...
by viz
Wed Jan 16, 2019 12:26 am
Forum: Personal Finance (Not Investing)
Topic: Anyone using quicken billpay
Replies: 4
Views: 297

Re: Anyone using quicken billpay

Which version of Quicken do you have? Fixed license (2017 or earlier) or subscription (2018 or later)? The bill pay fee charged by Quicken changes with the subscription model. I don't have any version :happy I am looking into signing up for Quicken and bill pay is one of the interesting features fo...
by viz
Tue Jan 15, 2019 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using quicken billpay
Replies: 4
Views: 297

Re: Anyone using quicken billpay

Which version of Quicken do you have? Fixed license (2017 or earlier) or subscription (2018 or later)? The bill pay fee charged by Quicken changes with the subscription model. I don't have any version :happy I am looking into signing up for Quicken and bill pay is one of the interesting features fo...
by viz
Tue Jan 15, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone using quicken billpay
Replies: 4
Views: 297

Anyone using quicken billpay

We have multiple bank accounts and I am interested in billpay service like quicken's which allows me to pay any bill for any account. This will make life simpler. Is anyone using quicken billpay? How is your experience? Any alternatives to this? I can't close the bank accounts due to associated bene...
by viz
Mon Jan 14, 2019 4:14 pm
Forum: Personal Consumer Issues
Topic: Credit score dropped dramatically, while credit has been frozen
Replies: 35
Views: 2369

Re: Credit score dropped dramatically, while credit has been frozen

Are you using high percentage of the the credit? I had a big spend recently and my credit score went down 50 points. I paid of within grace period
by viz
Sun Jan 13, 2019 1:30 am
Forum: Investing - Help with Personal Investments
Topic: 401k Investment options
Replies: 10
Views: 684

Re: 401k Investment options

If you want to keep it simple then you could just invest in VBIAX and get 60/40 split. If you want more stock then do 80% in VBIAX and 20% in of the following: 1. VFIAX for more large cap 2. VSMAX for small cap This would give you 32% in bonds and rest in stock. A few others things which will be poi...
by viz
Fri Jan 11, 2019 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Biggest Investment Mistake
Replies: 164
Views: 11208

Re: Biggest Investment Mistake

1. Pulled out of the market in 2008. I had just started working and got scared
2. Not getting back in till 2013
3. Not maxing 401k till 2013
by viz
Fri Jan 11, 2019 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7291

Re: Is buying a $700K first home crazy?

Based on the data you provided, you will be fine either ways. I assume you are getting much bigger space than what you have right now. Financially, you would be better off renting as the rent is quite low. When I bought the house, the difference between renting and buying was about 200$ after I took...
by viz
Sat Jan 05, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Is an ARM always a bad idea?
Replies: 43
Views: 3939

Re: Is an ARM always a bad idea?

I ask why 10 years ARM and why not 7/1 ARM. It would lower your payment further and interest too. If you want, you can pay the difference towards the principal. It is a bit of a speculation but I would guess that the current economic growth will not sustain for 7 more years and there would be soften...
by viz
Fri Jan 04, 2019 2:18 pm
Forum: Personal Consumer Issues
Topic: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV
Replies: 44
Views: 2681

Re: Decision - Not Doing it! Re: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your

I finally got around to reading the brochure and there is no mention of the electronic parts/computer chips in the brochure. Therefore, I think it is excluded since the Ext. Warranty as it only mentions mechanical parts, tires, rims, engine, towing assistance, rental car, etc. Typical stuff that I ...
by viz
Fri Jan 04, 2019 2:16 pm
Forum: Personal Consumer Issues
Topic: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV
Replies: 44
Views: 2681

Re: New marketing twist on Extended Warranties? Cost of replacing Sensors if you wreck your new SUV

You should search online for dealers selling warranty. For Toyota there is a dealer in Midwest who sells the same Toyota warranty for 1/3 the cost that my dealer wanted.
by viz
Wed Jan 02, 2019 1:25 am
Forum: Investing - Help with Personal Investments
Topic: M1 - question about taxes and dividends
Replies: 7
Views: 805

Re: M1 - question about taxes and dividends

Also, there is an option in M1 to have an minimum threshold for reinvesting. It is useful if you want to limit the number purchases in an year. If you have 30 stocks in a pie and each pays dividend twice a year, you can end up with 60 transaction https://support.m1finance.com/hc/en-us/articles/22098...
by viz
Tue Jan 01, 2019 4:32 pm
Forum: Personal Consumer Issues
Topic: Booking an international trip
Replies: 10
Views: 795

Re: Booking an international trip

Thank you all for your help! I will look into all the suggestions. Thanks
by viz
Tue Jan 01, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Booking an international trip
Replies: 10
Views: 795

Booking an international trip

We are thinking of traveling to Malaysia or Thailand later in the year. For closer to home trips we use Costco packages or book directly with airlines/hotel.
What is your recommendation for booking a trip. I prefer a package. We would like to be in a resort with day tours for sightseeing. Thanks
by viz
Mon Dec 31, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Mix
Replies: 41
Views: 3889

Re: Credit Card Mix

Silence Dogood wrote:
Sun Dec 30, 2018 1:28 pm

Is it possible to convert the Preferred card to the no-annual fee version without actually having to close the line of credit?
I recently did this. You can't upgrade but downgrade is fine with no credit hit
by viz
Mon Dec 31, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Change in Equifax credit report - but wasn't me
Replies: 17
Views: 1250

Re: Change in Equifax credit report - but wasn't me

If you're aware that you have lost your credit information due to a data breach, why haven't you locked your credit yet? It is free by law at all three major credit reporting agencies. A monitoring service only tells you that someone is breaching your credit or opening accounts in your name. At tha...
by viz
Sun Dec 30, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Sound bar as only music speaker?
Replies: 38
Views: 2394

Re: Sound bar as only music speaker?

We have an older version of "Klipsch Reference RSB-11 Sound Bar with Wireless Subwoofer". We mostly use it for watching streaming video + movies. It sounds great. Occasionally, we connect phone via Bluetooth and play music. It sounds good to me and can get pretty loud with clarity when kids want to ...
by viz
Sun Dec 23, 2018 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Rent or buy home - your opinion
Replies: 15
Views: 1762

Re: Rent or buy home - your opinion

You are doing great and I wish I was as sensible about money and savings as you. I think that you should rent. First, I don't know what you do but you are young and will have opportunities that requires you to move even though at the moment you think you will not move. Also, I would be more comforta...
by viz
Fri Dec 21, 2018 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Having minor panic about finances with second child, best way to budget?
Replies: 54
Views: 3046

Re: Having minor panic about finances with second child, best way to budget?

This happens to a lot of us, it happened to me and my friends. You are renting, no or one kid and everything thing is good. Then buy the house and add to the family & you start worrying more. I think for your income, your expenses are high and you are not accounting for some things. Does your food i...
by viz
Tue Dec 18, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Alaska Cruise Southbound-which deck and balcony location
Replies: 15
Views: 859

Re: Alaska Cruise Southbound-which deck and balcony location

Have you been on cruise before? The reason I ask is that the higher you are and the more away from the middle of the ship, the more you can feel the motion. It is something to be mindful of.

I have not been to a cruise to Alaska so no inputs on your question. Thanks
by viz
Tue Dec 11, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Hyatt Legal Plan for Will and Trust
Replies: 48
Views: 2216

Re: Hyatt Legal Plan for Will and Trust

We used Hyatt and were happy with the lawyer and his work. Please check your plan for copay as it varies based on the level your employer offers. The main reason for us to get the living trust was young kids. If something was to happen to us before they are adults, the funds remain in the trust and ...
by viz
Tue Dec 11, 2018 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation between Roth and 401(k)
Replies: 5
Views: 353

Re: Asset allocation between Roth and 401(k)

I don't if this is the right approach but I have SCV in Roth. My rationale is that it has higher historic growth rate over long periods. I expect Roth to be the last pot of money we touch and most likely to pass on. So having the part of portfolio which has highest chance of growing in there. Thanks
by viz
Tue Dec 11, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 16064

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Yes, it a great reward which I plan to take advantage of. Please note that you get 3 & 2 percent only on the first $2500 combined spend so need to keep a close eye on it and switch to a different card if any. Thanks! You mean 100 bucks? Yes, I am already a platinum honor level due to my taxable Mer...
by viz
Mon Dec 10, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"
Replies: 157
Views: 16064

Re: "Bank Of America Cash Rewards Card Now Lets You Choose Your 3%(=5.25%) Category"

Yes, it a great reward which I plan to take advantage of. Please note that you get 3 & 2 percent only on the first $2500 combined spend so need to keep a close eye on it and switch to a different card if any. Thanks!
by viz
Mon Dec 10, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: Who is buying SCV, EM, Intl SC
Replies: 41
Views: 2769

Re: Who is buying SCV, EM, Intl SC

Bought SCV, INTL as per my asset allocation. New funds go to assets which are lagging in the asset allocation.
by viz
Sat Dec 08, 2018 2:31 am
Forum: Personal Finance (Not Investing)
Topic: YNAB: Age of Money
Replies: 21
Views: 2654

Re: YNAB: Age of Money

The age of money depends a lot on how you budget. I keep money aside every month for recurring annual expenses like property tax, insurance, etc. As this money sits in my account, age of money goes up. Any investment money is budgeted for and moved to the appropriate investment account at beginning ...
by viz
Sat Dec 08, 2018 2:26 am
Forum: Personal Finance (Not Investing)
Topic: YNAB: Age of Money
Replies: 21
Views: 2654

Re: YNAB: Age of Money

rashad3000 wrote:
Fri Dec 07, 2018 8:12 pm
I am curious, how old is your "Age of Money"? I'm wondering if anyone here has gotten it up to 6-12 months.
We have been around 90 days for last 6 months or so. Do you mind sharing your age of money?
by viz
Thu Dec 06, 2018 5:05 pm
Forum: Investing - Help with Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12070

Re: 20M Inheritance - What is best option for small/no risk on principal?

Current dividend yield on ITOT is 2% with historic growth for US stock market around 6%. Even if you put 100% in stock, you get ~400k in dividends + potential growth. If I were you, and I wish I had a chance at getting 20M (no chance), I would put 10 years of expenses in CD and do a 60/40 portfolio ...
by viz
Wed Dec 05, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: To Invest or Not to Invest
Replies: 31
Views: 2386

Re: To Invest or Not to Invest

I think it is a personal choice. Purely based on the fact that your mortgage rate is so low, investing makes more sense as even treasury will yield more.
Personally, I will payoff and be debt free if I can pay down all my mortgage. One thing less to worry about and invest the savings.
by viz
Wed Dec 05, 2018 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Multi Account Re-balance Question
Replies: 11
Views: 645

Re: Multi Account Re-balance Question

Thanks for all the responses, we are like the last poster viz. We have been married almost 35 years and plan to stay that way. My only question was if you have an account with just bonds how do you realistically rebalance? Anyhow after today my bond allocation is a little closer to my desired AA, i...
by viz
Tue Dec 04, 2018 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Multi Account Re-balance Question
Replies: 11
Views: 645

Re: Multi Account Re-balance Question

We have similar situation to OP and we look at the whole portfolio as one and not each individual account. It makes rebalancing simpler. In our case, taxable has total market fund and ultra-short treasuries. My 401K has total market and REITs Spouse 401k has total bonds and international both our ro...
by viz
Thu Nov 15, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7338

Re: Are you all staying the course?

goblue100 wrote:
Thu Nov 15, 2018 12:14 pm
viz wrote:
Wed Nov 14, 2018 10:25 pm
80% equity, 5% bonds, 20% real estate
Staying the course, still in accumulation phase so a little dip in stock price is much appreciated
I guess you really give that extra 5% in all you do. Or perhaps you are using a little leverage?
Ha ha.. typo fixed now :)
by viz
Wed Nov 14, 2018 10:25 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7338

Re: Are you all staying the course?

75% equity, 5% bonds, 20% real estate
Staying the course, still in accumulation phase so a little dip in stock price is much appreciated
by viz
Wed Nov 14, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Small Cap Value options for fidelity brokerage link (mutual fund only)
Replies: 34
Views: 2732

Re: Small Cap Value options for fidelity brokerage link (mutual fund only)

A couple of questions: 1. Why not ETF? You can probably get something like IJS commission free. 2. If you want MF and the 75$ fee is only one time (initial investment) then why wait? Yes, it is a large percentage of your current investment but gets you to your preferred investment faster and cost is...
by viz
Sun Nov 04, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Is Cloud-Based YNAB Worth It?
Replies: 51
Views: 3028

Re: Is Cloud-Based YNAB Worth It?

For us it is worth it. We spend within our means and ynab allows us to 1. Keep track of all expenses 2. Take out savings money before anything else 3. Get a big picture of our cash flow As I said, we were always spending less than we earn but didn't have a good sense of what we were spending on. YNA...
by viz
Tue Oct 30, 2018 9:24 pm
Forum: Personal Consumer Issues
Topic: Luxury Sedans for around $25k used with lower miles? AWD?
Replies: 38
Views: 2744

Re: Luxury Sedans for around $25k used with lower miles? AWD?

Lexus/Acura are just Toyota/Honda with makeup. It's like going for a one night stand and waking up next to a pig in lipstick. I respectfully disagree. I have had a Toyota, Lexus and Acura. Even with all the upgrades for Toyota, you can't get to the quality and driving experience of a Lexus. Of cour...
by viz
Thu Oct 25, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: When is moonlighting not moonlighting?
Replies: 22
Views: 1820

Re: When is moonlighting not moonlighting?

If you are 100% commission as an sales rep is your income from the company reported by them on a W-2 or a 1099? If they're reporting you solely as a 1099 "employee" you can moonlight to your heart's content. If they pay all your compensation reporting it as W-2 then you may be bound more closely to...
by viz
Tue Oct 23, 2018 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Investment help, please
Replies: 9
Views: 941

Re: Investment help, please

We are both 61 years old. Our original plan was not to retire this early but due to health reasons retired early. Currently I am getting 3% annual raise on my pension but fear this is short lived as the state wants to stop that. At this point no withdraws from our savings. Our Merrill Lynch account...
by viz
Tue Oct 23, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP purchase doesn't add up
Replies: 12
Views: 896

Re: ESPP purchase doesn't add up

Hi guys, I just made my first ESPP purchase. Basically, it's a very mediocre one with 5% discount, but still better than nothing. But I just saw my first transaction and something doesn't add up. Date FMV Purchase Amount Purchase Price Shares Purchased 15 Oct 2018 PURCHASE 141.2000 359.83 134.1400 ...
by viz
Mon Oct 22, 2018 8:49 am
Forum: Personal Consumer Issues
Topic: Do I need to buy laptop software?
Replies: 32
Views: 2763

Re: Do I need laptop software?

What exactly do you do with these workstations? Write letters in ms word, internal email with ms outlook on the workstations and ms exchange, which holds the mail on the server, a man'f application, some excel and old paradox databases. What usually happens is the server dies and the vender comes i...
by viz
Sat Oct 20, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Put more than 20% down on a house?
Replies: 33
Views: 3650

Re: Put more than 20% down on a house?

We are looking to buy a house that is around 695,000. about 3800 sqft in a semi high cost of living town. the price of the house is about 2x our income. Option A would be If i were to put 20% down that would be 139,000. the break down would be as follows. 1. P&I 2817. 2. Property tax 667 3. HOI wou...
by viz
Wed Oct 17, 2018 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Finally ready to start investing in RothIRA (23yrs old)
Replies: 34
Views: 2261

Re: Finally ready to start investing in RothIRA (23yrs old)

Hello from another graduate research assistant. Sounds like you're set for earned income for 2018. For 2019, your stipend may represent earned income, especially if it is W-2 income. However if you have a fellowship of any kind things can get complicated (still worth having the fellowship, of cours...
by viz
Wed Oct 17, 2018 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3117

Re: Too good to be true; what am I missing?

One time 5k payment against mortgage saves little over 5K in interest over the period of loan And over this same time you will pay interest to M1 at 4% to borrow the money. Yes, crowd sourcing to look for errors in the math :happy The error in the math is that you are borrowing money at 4% to pay b...
by viz
Wed Oct 17, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Too good to be true; what am I missing?
Replies: 17
Views: 3117

Re: Too good to be true; what am I missing?

Under what conditions it the loan callable /are your investments forcably sold? What are the additional fees on your M1 investment vs a low cost provider? If purpose of your investment with M1 is to access the margin loan, these fees (on the total balance) should be thought of as an additional cost...