Search found 75 matches

by Nyarlathotep
Fri Nov 13, 2020 2:28 pm
Forum: Personal Investments
Topic: Vanguard Balanced Index Fund for spare $$$
Replies: 20
Views: 2367

Re: Vanguard Balanced Index Fund for spare $$$

One other alternative you might want to consider is the Vanguard Wellesley fund, particularly the "admiral shares" version, if you have access to it. The ticker is VWIAX. It outperformed both VBIAX and a 50/50 mix of VBMFX and VTSAX over a long stretch from 2001 to mid-2020, while having a...
by Nyarlathotep
Tue Nov 10, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: Finding balance between responsibility and hedonism
Replies: 16
Views: 1494

Re: Finding balance between responsibility and hedonism

I am financially okay. I don’t want to feel destitute with this kind of expense but I also don’t want to feel like I am pinching pennies so much that I can’t have a few things that I really want. I’m not a material buyer but some impulses are strong. I had a strong impulse like this once, in my ear...
by Nyarlathotep
Tue Oct 06, 2020 1:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6017
Views: 1403068

Re: What Movie Have You Recently Watched?

Color Out Of Space on Shudder

Decent sci-fi/supernatural horror flick, based on an H.P. Lovecraft short story. One of the better film adaptations of a Lovecraft tale I've seen. Good production values, good acting, definitely worth watching if you're into weird, creepy, sci-fi horror.
by Nyarlathotep
Wed Sep 23, 2020 2:15 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 113
Views: 7537

Re: Why buy medical insurance ?

One idea I haven't seen mentioned so far is short-term medical insurance. It isn't ACA compliant, but the premiums are MUCH lower due to various caps and limitations. I purchased this for myself a few years ago when I unexpectedly lost a very good, employer-provided PPO plan. I needed something to ...
by Nyarlathotep
Wed Sep 23, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: Why buy medical insurance ?
Replies: 113
Views: 7537

Re: Why buy medical insurance ?

One idea I haven't seen mentioned so far is short-term medical insurance. It isn't ACA compliant, but the premiums are MUCH lower due to various caps and limitations. I purchased this for myself a few years ago when I unexpectedly lost a very good, employer-provided PPO plan. I needed something to b...
by Nyarlathotep
Sun Sep 20, 2020 11:41 am
Forum: Personal Consumer Issues
Topic: Does paying for 1Password Family worth it for a family of 2?
Replies: 46
Views: 3114

Re: Does paying for 1Password Family worth it for a family of 2?

Bitwarden : I really wanted to like it, but the way they do the (sharing) is so poor. Those who use it, know what I mean. Also don't like they don't have designated forms for storing things such as bank account info or SSN's. I can add notices, but not designated forms. But still free, and have a b...
by Nyarlathotep
Sat Sep 19, 2020 11:23 am
Forum: Personal Consumer Issues
Topic: Safest/Best way to sell an Iphone 7
Replies: 25
Views: 1174

Re: Safest/Best way to sell an Iphone 7

How about Swappa? https://swappa.com/sell/mobile/apple-iphone-7-plus

This is what I plan to do when I upgrade (either this year or next) from my iPhone 7 to a newer model.
by Nyarlathotep
Thu Sep 03, 2020 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939591

Re: Chase Freedom Unlimited: Questions

I am thinking about getting the Chase Freedom Unlimited credit card for $200 bonus, 5% cash back on grocery year 1, 1.5% cash back on others. Same here, but after looking more closely at the numbers and fine print, not sure it's "good enough" for me. Sure, getting the $200 bonus would be ...
by Nyarlathotep
Wed Sep 02, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4900
Views: 939591

Re: What's Your Credit Card Rewards Strategy?

FYI, This upcoming offer from Chase looks attractive, especially for the first 12 months of grocery 3% and the cell phone lost or stolen insurance. https://www.cnbc.com/select/chase-freedom-flex-card-no-annual-fee-rewards-sign-up-bonus/ ~Moshe Actually, it's 5% cash back on grocery purchases during...
by Nyarlathotep
Tue Aug 18, 2020 11:38 am
Forum: Personal Investments
Topic: How to sell shares in a small, privately held startup
Replies: 30
Views: 1778

Re: How to sell shares in a small, privately held startup

Following. My brother is beginning his own sales company and I am considering investing in his venture for 10-15% of the company. I would advise against it. I've learned the hard way that you rarely get even remotely close to the same ROI from a "friends and family" investment as you do f...
by Nyarlathotep
Tue Aug 18, 2020 11:28 am
Forum: Personal Investments
Topic: How to sell shares in a small, privately held startup
Replies: 30
Views: 1778

Re: How to sell shares in a small, privately held startup

Just also want to mention that you should feel incredibly lucky to (i) have not lost your money/investment, (ii) that you might come out ahead, and (iii) that your BIL has probably been working his @ss off to make sure #1 and #2 happened :-) I do feel pretty lucky, actually. I knew perfectly well g...
by Nyarlathotep
Mon Aug 17, 2020 5:10 pm
Forum: Personal Investments
Topic: How to sell shares in a small, privately held startup
Replies: 30
Views: 1778

Re: How to sell shares in a small, privately held startup

I would proceed very gently, for lack of a better term. It's a general truth that the guys running the enterprise don't like to be bothered with investors who want out. They're concerned with other things. You brother also has the issue that if he uses some of the next financing proceeds to take yo...
by Nyarlathotep
Mon Aug 17, 2020 4:56 pm
Forum: Personal Investments
Topic: How to sell shares in a small, privately held startup
Replies: 30
Views: 1778

Re: How to sell shares in a small, privately held startup

Not sure why you think this would be unanimously favored. There isn't infinite capital out there to be raised and every dollar that goes to you is a dollar that the company doesn't raise for future growth. Hmm, true. I guess I was assuming that other shareholders would prefer not to be diluted as m...
by Nyarlathotep
Mon Aug 17, 2020 3:32 pm
Forum: Personal Investments
Topic: How to sell shares in a small, privately held startup
Replies: 30
Views: 1778

Re: How to sell shares in a small, privately held startup

You've touched on the options for disposing of illiquid shares in small closely-held company. Best bet is to negotiate the purchase of your shares by one of the other current shareholders. If the company's prospects going forward are reasonable, you should be able to find a buyer although they will...
by Nyarlathotep
Mon Aug 17, 2020 3:02 pm
Forum: Personal Investments
Topic: How to sell shares in a small, privately held startup
Replies: 30
Views: 1778

How to sell shares in a small, privately held startup

I put some cash into my brother-in-law's startup business about six years ago in return for a small equity stake. The business is still around, has gone through a larger round of seed funding, and both revenues and customers have grown somewhat, but I'm starting to feel like I'd rather just sell my ...
by Nyarlathotep
Wed Aug 12, 2020 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Just got ~50 insurance quotes, thought I'd share my results for posterity
Replies: 98
Views: 10759

Re: Just got ~50 insurance quotes, thought I'd share my results for posterity

Why no quotes from GEICO and Progressive? No coverage for one of your specific policy requirements? I'm wondering the same thing. Also, what about Esurance (owned by Allstate, I believe)? I use Progressive for auto and Esurance for homeowner's, and I've found their rates to be the lowest for the pa...
by Nyarlathotep
Tue Aug 11, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Any Tips for "Splitting" Finances in Married Couples?
Replies: 32
Views: 3358

Re: Any Tips for "Splitting" Finances in Married Couples?

I have a much higher net worth than my fiancé, but I'm semi-retired and have only investment income compared to her full-time W2 earnings. We decided that the most manageable, straightforward, and fairest way to split expenses was to set up a joint checking account that pays for the credit card that...
by Nyarlathotep
Mon Aug 10, 2020 12:15 pm
Forum: Investing - Theory, News & General
Topic: Why I don't trust S&P 500 index funds (Brett Arends)
Replies: 21
Views: 2181

Re: Why I don't trust S&P 500 index funds (Brett Arends)

If you'd invested in 30 random stocks each year, who knows how much money you would have. I didn't read the article, but wondering what exactly he means by "random". Random as in you bought shares in 30 randomly chosen large-cap(?) companies in 1964? Any 30 companies, so long as they were...
by Nyarlathotep
Mon Aug 10, 2020 12:02 pm
Forum: Personal Consumer Issues
Topic: Moving truck rental add-ons
Replies: 26
Views: 1674

Re: Moving truck rental add-ons

$1000 for a 12 ft truck seems high. I use Budget truck rental. It certainly depends on the city and times, but I am seeing only $351 for a drop-offa city 700 miles away. You can also check returning to the same city, or renting from city close to your city or your destination. Wow... $350 would cer...
by Nyarlathotep
Sun Aug 09, 2020 6:03 pm
Forum: Personal Consumer Issues
Topic: Moving truck rental add-ons
Replies: 26
Views: 1674

Re: Moving truck rental add-ons

Is this the complete liability plus damage waiver or just the damage waiver? Uhaul trucks usually have basic liability insurance and some/most personal insurance excludes trucks of that size. The $200 figure I mentioned earlier is for a basic liability and damage waiver that was quoted by Budget Tr...
by Nyarlathotep
Sun Aug 09, 2020 4:37 pm
Forum: Personal Consumer Issues
Topic: Moving truck rental add-ons
Replies: 26
Views: 1674

Re: Moving truck rental add-ons

I don't read the fine print closely enough to feel comfortable declining the extra insurance. How much would a moving truck cost ?? For my move (about 700 miles, 12' truck) the cost for just the truck rental is around $1,000-$1,100. With the insurance protection plus other minor add-ons, taxes, etc...
by Nyarlathotep
Sun Aug 09, 2020 3:46 pm
Forum: Personal Consumer Issues
Topic: Moving truck rental add-ons
Replies: 26
Views: 1674

Re: Moving truck rental add-ons

Personally, I would not and have not. This was my initial take on it, too, but I'm not completely sure. I've never driven a large moving truck before, so my odds of a mishap are higher than driving a car. However, I've had only 3 accidents in over 35 years of driving, so my track record is excellen...
by Nyarlathotep
Sun Aug 09, 2020 3:14 pm
Forum: Personal Consumer Issues
Topic: Moving truck rental add-ons
Replies: 26
Views: 1674

Moving truck rental add-ons

If you were renting a moving truck (from UHaul, for example) to move from one city to another, would you pay for the various insurance/protection add-ons? The truck rental companies push these as though you'd be crazy not to get them, since they claim neither credit cards nor your personal auto insu...
by Nyarlathotep
Tue Aug 04, 2020 12:03 pm
Forum: Investing - Theory, News & General
Topic: What happens if you run out of money in retirement?
Replies: 175
Views: 15607

Re: What happens if you run out of money in retirement?

Assuming you own a home, get a reverse mortgage or sell the house and downsize to a cheaper place. +1 But I'm wondering how one could "run out of money in retirement" without numerous, obvious warning signs well in advance which would give one ample opportunity to course correct. Even if ...
by Nyarlathotep
Tue Aug 04, 2020 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Marcus lowers savings APY from 1.05% to 0.8%
Replies: 32
Views: 3086

Re: Marcus lowers savings APY from 1.05% to 0.8%

Ugh. Won't be long before I'll be getting the dreaded "A message about your Online Savings Account" email from Ally. I was hoping around 1% would be the bottom, but that was very wishful thinking I guess. Glad I opened and funded a few no-penalty CDs at 1.9% and 1.5% over the past few mont...
by Nyarlathotep
Mon Aug 03, 2020 1:45 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 307
Views: 28656

Re: Oddly Difficult to Find Items During the Pandemic

Frozen vegetables here. Yep, frozen cut-leaf spinach being the hardest to find consistently in my area (metro Atlanta suburbs). Very odd, since frozen "chopped" spinach is readily available, so why not "cut leaf"?? Also, rubbing alcohol remains basically impossible to find at lo...
by Nyarlathotep
Mon Aug 03, 2020 11:07 am
Forum: Personal Investments
Topic: Vanguard Money Market
Replies: 13
Views: 1400

Re: Vanguard Money Market

VMMXX has a very low yield right now (0.10%), much lower than what many online savings accounts are paying. If I were in your shoes, I would put the money in a good, high-yielding savings account offering at least a 1.0% APR. Ally Bank is a good choice for this.
by Nyarlathotep
Mon Aug 03, 2020 10:48 am
Forum: Personal Finance (Not Investing)
Topic: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?
Replies: 79
Views: 4046

Re: I was looking at getting the 1% cash back discover card. How many of you use debit cards all the time?

How many of you use debit cards all the time? I never use them, for the same reasons as others have already pointed out. However, I have begun to notice in recent months that some merchants are either not accepting credit cards at all, or they are tacking on an extra 2.5% to the price for those usi...
by Nyarlathotep
Thu Jul 02, 2020 12:18 pm
Forum: Personal Consumer Issues
Topic: YoutubeTV subscription now $64.99/month
Replies: 174
Views: 17519

Re: YoutubeTV subscription now $64.99/month

Google has raised the price of Youtube TV by 30% to $64.99/month. Late last year it was increased by 25% from $39.99 to $49.99. It's a good service, but the constant price increases make it less appealing. What's really objectionable about this is the huge percentage increase right in the middle of...
by Nyarlathotep
Sun Jun 28, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: Techies provide me best practices
Replies: 38
Views: 3515

Re: Techies provide me best practices

Setup your PC to dual boot with a Linux os such as Ubuntu. Only logon to financial sites when booted into Linux. I would not do that. When on Linux, Windows file system can be “seen” and viceversa. Me neither. Having to boot back and forth between Linux and Windows every time you wanted to access a...
by Nyarlathotep
Thu Jun 25, 2020 3:44 pm
Forum: Personal Consumer Issues
Topic: Motor home rental?
Replies: 21
Views: 1591

Re: Motor home rental?

Lots of things to consider here. 1) Are these older cats, or actually "kitties" as you describe. Older cats, in my experience, HATE to be relocated even for short periods of time, and they will almost certainly hate being cooped up in an RV for multiple days. Very young cats or kittens are...
by Nyarlathotep
Thu Jun 25, 2020 1:18 pm
Forum: Personal Consumer Issues
Topic: Opinion on my current HVAC quotes
Replies: 21
Views: 1658

Re: Opinion on my current HVAC quotes

I then contacted 3 reputable contractors and got the following prices for a like 2 Ton 14 SEER AC with 92-96% gas furnaces. Trane 2 Ton unit - $9,900 Ameristar 2 ton unit - $8,770 Rheem 2 Ton unit - $6,690 Also a 16 and 17 SEER Rheem for $8,170 and $9,288 respectively Wow! I feel very fortunate by ...
by Nyarlathotep
Thu Jun 18, 2020 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: EIDL advance - tax filing question
Replies: 3
Views: 213

Re: EIDL advance - tax filing question

Thanks. If I can combine this one instance of EIN income with my usual business income (which is all tied to my SSN), then I think it's worth it to set up the business bank account to get the $1,000. Hopefully the tax software I use (H&R Block Deluxe) can handle this kind of situation.
by Nyarlathotep
Thu Jun 18, 2020 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: EIDL advance - tax filing question
Replies: 3
Views: 213

EIDL advance - tax filing question

I applied for an EIDL advance back in April for my sole proprietorship business, but never received any money. I recently received an email from SBA letting me know my advance money ($1,000) is still available, but that I need to update my banking information before I can receive it. I believe this ...
by Nyarlathotep
Sat Jun 13, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Nickeling and diming
Replies: 53
Views: 5477

Re: Nickeling and diming

OTOH, $50 per month is $600 a year; on my income level, that's not chump change. I guess my rule of thumb is that I will engage in "nickel and diming" when I think I can save more than $100/year without expending too much effort or causing myself too much aggravation, and when I'm sure I'...
by Nyarlathotep
Thu May 28, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: EIDL / SBA loan repayment terms
Replies: 1
Views: 214

EIDL / SBA loan repayment terms

Couple questions regarding the 30 year, 3.75% SBA loans being offered to small businesses through EIDL. 1) Does the SBA require any sort of personal guarantee for these loans? If a company took an EIDL loan and later defaulted (say, by going out of business/running out of money), would the lending b...
by Nyarlathotep
Tue May 19, 2020 11:06 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 97
Views: 7390

Re: Discarding Music CDs

If you haven't already ripped the songs you want from the more "esoteric" CDs, you should probably go ahead and do that. I have some pretty non-mainstream CDs in my collection, and I wouldn't sell or trash those without ripping them first. Ripping a whole CD to MP3 files is very quick and ...
by Nyarlathotep
Thu May 14, 2020 9:46 am
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5621

Re: Where do you back up your important data?

I think some of us are merely saying, if you are going to backup, why not cover all the cases? I do have stuff I would really really hate to lose, so if I didn't have the cloud backup, I would go to the trouble of an occasional archive backup somewhere else. Since my frugal nature basically rules o...
by Nyarlathotep
Wed May 13, 2020 12:22 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5621

Re: Where do you back up your important data?

Unless somebody breaks in and steals your computer and backup drive. I figure the odds of that ever actually happening are so low they might as well be zero. My main PC is a full-sized desktop and my external backup drive sits behind it, and both are quite difficult to get to (underneath/behind a l...
by Nyarlathotep
Tue May 12, 2020 2:56 pm
Forum: Personal Consumer Issues
Topic: Where do you back up your important data?
Replies: 102
Views: 5621

Re: Where do you back up your important data?

Backing up to a large external hard drive, using something like Macrium Reflect, is the sweet spot in terms of cost, benefit, and risk. It isn't absolutely the safest solution, since the backups could get lost in case of a fire or theft. Short of those very unlikely events, though, local data backup...
by Nyarlathotep
Tue May 12, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: nice 20% insurance premium increase
Replies: 37
Views: 3484

Re: nice 20% insurance premium increase

Shopping around will cost you nothing. And might save you a lot. Definitely shop around, and get quotes from at least 3 competing companies. Also be sure to check out Esurance. I was able to save a bundle on home insurance by switching from State Farm to Esurance several years ago. Esurance was sti...
by Nyarlathotep
Thu Apr 30, 2020 1:55 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6017
Views: 1403068

Re: What Movie Have You Recently Watched?

Parasite Really enjoyed it! I tried to avoid as much as possible about it before hand, but did sit through a couple trailiers, which made it seem like a horror movie, even though I had heard it described as "black comedy". But I do like the genre. If you liked Fargo, or Very Bad Things, y...
by Nyarlathotep
Sat Apr 25, 2020 1:45 pm
Forum: Personal Consumer Issues
Topic: Italian traffic fine with U.S. debt collector-revisited?
Replies: 26
Views: 2837

Re: Italian traffic fine with U.S. debt collector-revisited?

If you were in a rental car when this happened, then I'm puzzled why the traffic fine didn't show up on the credit card that you used to book the rental car. If it did, you should have simply disputed the charge with your credit card company. This happened to me when I was in Spain a few years ago. ...
by Nyarlathotep
Fri Apr 24, 2020 2:29 pm
Forum: Personal Investments
Topic: TD Ameritrade Money Market Options
Replies: 121
Views: 31331

Re: TD Ameritrade Money Market Options

I don't keep any cash in the TDA taxable account. I get a much better deal keeping cash in an online savings account. +1 I also have a TDA taxable account and hold very little cash there. Much better to keep cash in a high-yield savings account and simply move funds between them as needed. Even bet...
by Nyarlathotep
Fri Apr 24, 2020 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35430

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

We just got the EIDL grant yesterday, applied Apr 3. No fanfare, no email, it just showed up in the account. Haven't heard anything about the EIDL loan itself, but not interested in that anyway. My credit was locked at all credit agencies throughout the process. YMMV, of course. One of my credit ca...
by Nyarlathotep
Tue Apr 21, 2020 4:19 pm
Forum: Personal Consumer Issues
Topic: Anybody here pay less than $40 a month for home internet and with what company?
Replies: 62
Views: 4520

Re: Anybody here pay less than $40 a month for home internet and with what company?

Atlanta-area here. Charter Spectrum 30 MBPS for 17.99/month. They don't advertise it much but it is available (I just confirmed on their site) and I have used it for the last six months. Wow, that's excellent. I'm in metro Atlanta, too, and I'm paying $30/month for AT&T 25 Mbps. It's normally $...
by Nyarlathotep
Sun Apr 05, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35430

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

Yes, it is definitely being based on number of employees. This has been confirmed in public comments by several SBA regional administrators on various conference calls. Thursday night, the Region IV administrator said that only businesses with 10 or more employees would receive the full $10k. So ha...
by Nyarlathotep
Fri Apr 03, 2020 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Availability of Pandemic Unemployment Assistance (PUA)
Replies: 2
Views: 374

Availability of Pandemic Unemployment Assistance (PUA)

Has anyone been able to apply for PUA through their state's unemployment website yet? In my state (GA), the website is saying they are waiting for further guidance from the Labor Dept. before updating the application process. Wondering if any other states are up and running with PUA yet. Since this ...
by Nyarlathotep
Wed Apr 01, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Stimulus help for small businesses, sole proprietors, s-corp etc
Replies: 627
Views: 35430

Re: Stimulus help for small businesses, sole proprietors, s-corp etc

I do freelance IT consulting (mostly for fun and a little extra spending money) and make $200-300 a month, on average. Last 12 months I made about $2,700. All my clients are shut down due to COVID, so my consulting income has completely dried up. Would it make sense for me to apply for EIDL? Do I ma...
by Nyarlathotep
Sat Mar 28, 2020 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: unemployment insurance for gig and misclassified workers
Replies: 21
Views: 1568

Re: unemployment insurance for gig and misclassified workers

It's my understanding that the new Pandemic Unemployment Assistance program will not impose the same limitations and eligibility requirements as the regular state-run unemployment programs. As a result, most people who are self-employed or non-salaried and have been impacted by the COVID pandemic wi...