Search found 1856 matches

by Bfwolf
Thu Apr 11, 2019 1:43 am
Forum: Investing - Theory, News & General
Topic: Navy FCU 40 month 3.75% IRA/ESA Cert
Replies: 15
Views: 1750

Re: Navy FCU 40 month 3.75% IRA/ESA Cert

I broke an Andrews Federal Credit Union 3% CD to move the money into this NFCU CD. It was a slight pain but nothing too terrible. NFCU customer service and technology is certainly way better than AFCU. With treasury yields having fallen in the last 6 months, this seems like a deal worth jumping on. ...
by Bfwolf
Wed Apr 10, 2019 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: sort of deadbeat tenant
Replies: 23
Views: 2655

Re: sort of deadbeat tenant

I just wanted to say: holy cow! I can't believe this guy is screwing over a colleague who can badmouth him at work over such trivial sums of money. I feel for you, OP. If I were you, I'd ride it out and assuming he (mostly) pays the last month's rent, just subtract it out from his security deposit.
by Bfwolf
Wed Apr 10, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8031

Re: Are Airport Lounges Worth the Money?

ResearchMed wrote:
Wed Apr 10, 2019 11:20 am

Are you in F on CX?
If so, there are two totally separate F lounges, and they have somewhat different facilities. It would be worthwhile reading online descriptions. Alas, they are not near each other.

Enjoy!

RM
Flying biz class "unfortunately" lol.
by Bfwolf
Wed Apr 10, 2019 11:17 am
Forum: Personal Consumer Issues
Topic: Are Airport Lounges Worth the Money?
Replies: 95
Views: 8031

Re: Are Airport Lounges Worth the Money?

Lounges are a nice to have, but they generally don't change your experience THAT dramatically. I did once have a layover in Tokyo after an overnight flight from Hanoi, and I used the lounge to shower before getting on a very long flight to Chicago. That was certainly nice. The nicest one I've been t...
by Bfwolf
Wed Apr 10, 2019 1:12 am
Forum: Personal Finance (Not Investing)
Topic: IRS 2% bounced check fee!!
Replies: 41
Views: 4875

Re: IRS 2% bounced check fee!!

OP, sorry for the lack of empathy you have received. You are right--it's a bad rule. Just because it's documented (as almost rules are), doesn't mean it's reasonable or fair.
by Bfwolf
Fri Apr 05, 2019 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665316

Re: What's Your Credit Card Rewards Strategy?

If you can get the 100,000 MR American Express Platinum offer via Cardmatch, I would grab that. If Barclays approves you for the Arrival+, you should be eligible again, they are just a bear to get an approval from. Currently a 70,000 point offer, which is the best ever. But Barclays is non-transfer...
by Bfwolf
Tue Apr 02, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 1017
Views: 84965

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I've recently (i.e. today) started an HSA with HSA Bank (only option with my employer and contributions through payroll allow me to avoid FICA and get a employer match). I would like to transfer my contributions from HSA Bank to Fidelity (via trustee-to-trustee transfer ideally) as frequently as po...
by Bfwolf
Fri Mar 29, 2019 12:41 pm
Forum: Personal Consumer Issues
Topic: What to see in Philly?
Replies: 87
Views: 5583

Re: What to see in Philly?

My favorite cheesesteak place, which is a long walk or a short Uber from the Convention Center, is Jim's at 4th and South. It's very popular and often has a 20 minute line on weekends. If you like row house architecture, my favorite couple of blocks in Center City is Clinton Street between 9th and 1...
by Bfwolf
Wed Mar 27, 2019 2:23 pm
Forum: Personal Consumer Issues
Topic: Returning back to former job
Replies: 12
Views: 1054

Re: Returning back to former job

I don't think there's any issue with returning to your old employer, BUT I would spend some time thinking how you can do so without giving up the additional compensation. What if you toughed it out for a year and then tried to go back at a higher position?
by Bfwolf
Tue Mar 26, 2019 1:08 pm
Forum: Personal Consumer Issues
Topic: Learning Violin as an adult...1000 hours in...
Replies: 212
Views: 32745

Re: Learning Violin as an adult...1000 hours in...

I am really impressed with how much you've stuck with this and how much time you're dedicating to it.
by Bfwolf
Tue Mar 12, 2019 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Anyone leaving behind a scholarship fund?
Replies: 63
Views: 3839

Re: Anyone leaving behind a scholarship fund?

The biggest issue of these though is it is VERY hard to verify that the money is going to the people you are trying to aid. I don't know why there isn't a platform out there via internet that checks all the interested charities on their authenticity before allowing them to solicit money. One of the...
by Bfwolf
Mon Mar 11, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone leaving behind a scholarship fund?
Replies: 63
Views: 3839

Re: Anyone leaving behind a scholarship fund?

I think the motivation to help lower income people with high potential live up to their possibilities is admirable. If I may be so bold though, there is a lot of money already invested in US college education financial aid to help those with high potential but lower resources get a fair shot. If one...
by Bfwolf
Mon Mar 11, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Airline travel and economy: pay $$ to pick seats
Replies: 116
Views: 7406

Re: Airline travel and economy: pay $$ to pick seats

I think your likely worst case scenario (with trading with other passengers) is your 2 kids being in the middle seat in 2 consecutive rows, i.e. one directly in front of the other. If this is acceptable, go ahead and save the money.
by Bfwolf
Sat Feb 09, 2019 12:58 am
Forum: Personal Finance (Not Investing)
Topic: Is the MBA degree market saturated?
Replies: 39
Views: 3511

Re: Is the MBA degree market saturated?

I think in the area of business there's been a lot of saturation of degrees being available. Anyone in a city of significant size can get an MBA or Executive MBA from a part-time program at University of Phoenix or similar if they're (or their employer) is willing to pay for it. A lot of the same t...
by Bfwolf
Fri Feb 08, 2019 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Is the MBA degree market saturated?
Replies: 39
Views: 3511

Re: Is the MBA degree market saturated?

I think in the area of business there's been a lot of saturation of degrees being available. Anyone in a city of significant size can get an MBA or Executive MBA from a part-time program at University of Phoenix or similar if they're (or their employer) is willing to pay for it. A lot of the same t...
by Bfwolf
Fri Feb 08, 2019 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Is the MBA degree market saturated?
Replies: 39
Views: 3511

Re: Is the MBA degree market saturated?

There’s two types of MBAs - go to an elite school and get a job in something you could not have without it (think IB / PE / Consulting). It’s quite obvious which schools people are doing this at. The key is these jobs are not obtainable for people without the degree. Many are seeing salaries go fro...
by Bfwolf
Tue Feb 05, 2019 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Crazy lady backs into my car...don't think she will pay me out of pocket
Replies: 103
Views: 9900

Re: Crazy lady backs into my car...dont think she will pay me out of pocket

OP,

Here's what will answer all questions you have on the subject from now on:

Step 1: Call Amica and ask them the question, and what you should do to ensure you get paid and your rates don't go up.

Step 2: Do what Amica says.

:)
by Bfwolf
Tue Feb 05, 2019 10:23 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure [risk parity strategy using 3x leveraged ETFs]
Replies: 1601
Views: 97200

Re: HEDGEFUNDIE's excellent adventure [3x leveraged ETF strategy]

I will go on record as saying I hope this DOESN'T work, as Hedgefundie can afford to lose 15% of his portfolio, but the dozens of copycats that would follow won't. This strategy may work for a limited period of time. But it will fail at some point.
by Bfwolf
Sat Feb 02, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: recommend your African safari
Replies: 16
Views: 1207

Re: recommend your African safari

I spent 3 weeks with friends in East Africa last February. Some thoughts: 1) It was my first safari but one of the other folks on my trip had done several. She said 4 nights is about the right amount of time, and so that's what we did. I think she was spot on. 4 nights would be considered a very sho...
by Bfwolf
Wed Jan 30, 2019 3:06 am
Forum: Personal Investments
Topic: Invest through 401K provider or TD Ameritrade Self Direct Account
Replies: 6
Views: 306

Re: Invest through 401K provider or TD Ameritrade Self Direct Account

I'd put this under the category "doesn't really matter," but I think I'd go with the 401k fund choices. It'll be simpler and very slightly cheaper. You're covered in the 401k except for emerging markets and bonds, which you can hold in your IRA. Speaking of which, you have a very high risk portfolio...
by Bfwolf
Wed Jan 30, 2019 1:11 am
Forum: Investing - Theory, News & General
Topic: Why doesn't the US government sell additional Social Security?
Replies: 23
Views: 1997

Re: Why doesn't the US government sell additional Social Security?

The inflation-adjusted SPIA market seems thin and overpriced. Why do you think it is overpriced? I guess I don't know that it is. Insurance companies are good at gauging risk I suppose, and perhaps they are better equipped for that than the US govt is. But they do seem like poor deals on their face...
by Bfwolf
Wed Jan 30, 2019 1:03 am
Forum: Investing - Theory, News & General
Topic: Why doesn't the US government sell additional Social Security?
Replies: 23
Views: 1997

Re: Why doesn't the US government sell additional Social Security?

Presumably companies selling inflation adjusted SPIAs are making a profit, despite how thin the market is. I'm wondering if the government could undercut them and break even and widen the appeal of the market, while also achieving something good for society (reducing risk people run out of money).
by Bfwolf
Wed Jan 30, 2019 12:31 am
Forum: Investing - Theory, News & General
Topic: Why doesn't the US government sell additional Social Security?
Replies: 23
Views: 1997

Why doesn't the US government sell additional Social Security?

The inflation-adjusted SPIA market seems thin and overpriced. The US government has a huge Social Security department which carries out the disbursement of inflation adjusted annuities. Would it be so unreasonable for them to simply sell additional Social Security benefits much like one purchases an...
by Bfwolf
Tue Jan 29, 2019 2:35 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665316

Re: What's Your Credit Card Rewards Strategy?

Does anyone keep a spreadsheet of their cards? Is there any existing spreadsheet someone created? What I am thinking is it would list all generally available reward cards with bonuses. You enter your start and stop date, and when bonus was received. It would tell you when you are next eligible. As ...
by Bfwolf
Mon Jan 28, 2019 3:59 pm
Forum: Investing - Theory, News & General
Topic: performance of CDs vs. ultra-short T-bills?
Replies: 5
Views: 841

Re: performance of CDs vs. ultra-short T-bills?

Here's a current comparison of brokered CD options at Fidelity vs the t-bill rates. They are very similar. Unless you guys are dealing with millions of dollars here, this doesn't sound like a good use of anybody's time. Do what is simplest that gets similar returns as listed below. https://www.fidel...
by Bfwolf
Sun Jan 27, 2019 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3565
Views: 665316

Re: What's Your Credit Card Rewards Strategy?

I don't pretend to be a very sophisticated credit card strategist but sometimes offers seem to make sense to me. I have business expenses to pay with a CC and love to travel for pleasure and do so frequently and for work occasionally. I have a Chase Sapphire that I will cancel when it comes up agai...
by Bfwolf
Sat Jan 26, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Amazon marketplace delivery problem: who is to blame?
Replies: 11
Views: 965

Re: Amazon marketplace delivery problem: who is to blame?

If it was FBA then I agree with the seller. It's not their fault Amazon didn't fulfill properly. They refunded your money which is all they could be expected to do in this situation.
by Bfwolf
Sat Jan 19, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Price-to-rent
Replies: 11
Views: 1091

Re: Price-to-rent

In my uninformed opinion, I think 15 to 17 is probably "normal" as a price to rent ratio so I'd say you're probably not getting a steal nor getting screwed. The 28 P/R ratio mentioned above....man I don't know why people just don't rent. The only thing that can support such a ratio is expectation fo...
by Bfwolf
Sat Jan 19, 2019 3:56 pm
Forum: Personal Investments
Topic: Hesitant to sell
Replies: 11
Views: 1337

Re: Hesitant to sell

I agree with Livesoft. I understand the desire for simplicity, but the S&P 500 fund you have is perfectly acceptable, and there's no need for you to pay what I'm guessing are thousands of dollars in capital gains taxes that you may NEVER have to pay (if you die before you sell them). Just don't rein...
by Bfwolf
Fri Jan 18, 2019 1:40 am
Forum: Personal Consumer Issues
Topic: What shelf liquor and your favorite cocktails?
Replies: 45
Views: 2908

Re: What shelf liquor and your favorite cocktails?

I am confident that if I made a cocktail with Tito's and made the exact same cocktail a few more times with bargain vodkas, very few of you would be able to identify the Tito's more often than chance dictates.

Well vodka. Always.
by Bfwolf
Wed Jan 16, 2019 8:59 pm
Forum: Personal Investments
Topic: 5 year CDs @Penfed mature 1/22/19
Replies: 30
Views: 3166

Re: 5 year CDs @Penfed mature 1/22/19

I finally pulled the trigger to renew my CDs on1/22 at Penfed to their 5 yr 3.4% IRA certificates. 5 and 10 yr treasuries are in low 2.70% range so this seems like a pretty good deal for fixed income money. Thanks to everyone who responded to my post. It may be too late, but Navy Federal is offerin...
by Bfwolf
Tue Jan 15, 2019 7:51 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 1017
Views: 84965

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

I moved cash to TDA and then transferred in kind (ETFs and cash) to Fidelity, and had no fee charged. It was all done online. I think transferring from HSA Bank would be a more manual process. I had a -$2.50 balance from the Jan fee at HSA Bank when I called to close my account a few days ago, they...
by Bfwolf
Tue Jan 15, 2019 5:42 pm
Forum: Personal Consumer Issues
Topic: Anyone here major in Economics in college?
Replies: 92
Views: 7211

Re: Anyone here major in Economics in college?

At Berkeley, we see: Econ: Average starting salary: 71K - 16% seeking employment, 7% grad school https://career.berkeley.edu/sites/default/files/pdf/Survey/2017Econ.pdf Business: Average starting salary 77k, 8% seeking employment, 3% grad school https://career.berkeley.edu/sites/default/files/pdf/S...
by Bfwolf
Tue Jan 08, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal Credit Union 40 Month IRA CD 3.75%
Replies: 8
Views: 1572

Re: Navy Federal Credit Union 40 Month IRA CD 3.75%

I have a 3% APR IRA CD at Andrews Federal Credit Union with something like 55 months remaining...current balance is somewhere in the $107K region. I am pretty sure it's a 6 month EWP for breaking it. Would you guys break it and move the money to this CD? I'm 42 so many years away from accessing thi...
by Bfwolf
Tue Jan 08, 2019 12:11 am
Forum: Investing - Theory, News & General
Topic: Navy Federal Credit Union 40 Month IRA CD 3.75%
Replies: 8
Views: 1572

Re: Navy Federal Credit Union 40 Month IRA CD 3.75%

I have a 3% APR IRA CD at Andrews Federal Credit Union with something like 55 months remaining...current balance is somewhere in the $107K region. I am pretty sure it's a 6 month EWP for breaking it. Would you guys break it and move the money to this CD? I'm 42 so many years away from accessing this...
by Bfwolf
Mon Jan 07, 2019 3:26 pm
Forum: Personal Investments
Topic: Annuity 1035 and then withdraw over time?
Replies: 6
Views: 416

Re: Annuity 1035 and then withdraw over time?

For sure true marginal rate of the earnings withdrawals will need to be considered including SS taxation. But my understanding is that non-qualified annuities do not step up in cost basis upon death so it seems like 1035 exchange and then leaving it is a bad option, so those earnings have to come o...
by Bfwolf
Mon Jan 07, 2019 1:14 am
Forum: Personal Investments
Topic: Annuity 1035 and then withdraw over time?
Replies: 6
Views: 416

Re: Annuity 1035 and then withdraw over time?

For sure true marginal rate of the earnings withdrawals will need to be considered including SS taxation. But my understanding is that non-qualified annuities do not step up in cost basis upon death so it seems like 1035 exchange and then leaving it is a bad option, so those earnings have to come out.
by Bfwolf
Sun Jan 06, 2019 10:41 pm
Forum: Personal Investments
Topic: Annuity 1035 and then withdraw over time?
Replies: 6
Views: 416

Annuity 1035 and then withdraw over time?

My friend's mom who lives in CA is 83 and was unfortunately sold a couple of variable annuities years ago. Account #1 has an annual cost of about 2%, a cash value of $467K and a surrender value of $456K vs a remaining cost basis of $324K. Annuity #2 has annual cost of 3.6%, a cash/surrender value of...
by Bfwolf
Sun Jan 06, 2019 5:54 pm
Forum: Forum Issues and Administration
Topic: Making it easier to track posts from the OP
Replies: 50
Views: 5892

Re: Making it easier to track posts from the OP

\ Edit 2: Or the bookmarklet could just run the search. javascript:(function(){ var str="./search.php?author="; str=str + $(".post").first().find(".username,.username-coloured").html().replace(/ /g,"+"); str=str+"&t="+$("#topic-search fieldset input[name='t']").attr("value"); str=str+"&sf=msgonly&s...
by Bfwolf
Thu Jan 03, 2019 3:49 am
Forum: Forum Issues and Administration
Topic: Making it easier to track posts from the OP
Replies: 50
Views: 5892

Re: Making it easier to track posts from the OP

Thanks LadyGeek! Much easier than CTRL F on multi-page threads. This is good enhancement. Thank you LadyGeek and team for implementing it! Question: is the way of searching through all of the OP's posts on a thread (as opposed to CTRL F) just scrolling down and looking by sight to see if there's an...
by Bfwolf
Fri Dec 28, 2018 2:39 am
Forum: Personal Consumer Issues
Topic: Best bet for streaming YouTube TV on my TV?
Replies: 27
Views: 2043

Re: Best bet for streaming YouTube TV on my TV?

I have a Roku Streaming Stick (NOT a Streaming Stick+). It's pretty great. As mentioned above, it can turn the TV on/off and control the volume which is a nice plus. It's "only" 1080p so if you want higher resolution, you need the +. The Roku user interface is excellent.
by Bfwolf
Tue Dec 25, 2018 1:19 am
Forum: Personal Investments
Topic: Advice for "Little Old Lady" revised
Replies: 21
Views: 2674

Re: Advice for "Little Old Lady" revised

The great news here is that you have spending under control so are not at dire risk of going broke. The good news is that your broker/advisor has put you in pretty reasonable, low cost funds, better than what 95% of advisors would do probably. It could be simpler and we have no idea what you're bein...
by Bfwolf
Tue Dec 25, 2018 1:02 am
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 87
Views: 7186

Re: Condor moved me from Business to Economy. Recourse?

How many people have actually disputed a charge in a case like this and been successful? All. The. Time. The vendors have little recourse because, what are they going to do, stop taking credit cards? It’s not like the banks are out the money because when you file a chargeback they pull the money fr...
by Bfwolf
Mon Dec 24, 2018 4:19 pm
Forum: Personal Investments
Topic: I believe I underestimated my risk tolerance
Replies: 35
Views: 4780

Re: I believe I underestimated my risk tolerance

OP, what's a measly 5% more in stocks going to get you? You should probably start buying on margin and go 150% stocks. 8-)
by Bfwolf
Mon Dec 24, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Unable to do Regular or Backdoor Roths
Replies: 18
Views: 1257

Re: Unable to do Regular or Backdoor Roths

If you are going to retire to modest side gigs in 5 years, then it sounds like this solution is only needed for 5 years. After that, you'll have low enough income to contribute to Roth IRAs directly. It sounds like you may have some years during those 5 where you can contribute directly to a Roth IR...
by Bfwolf
Fri Dec 21, 2018 11:51 pm
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 87
Views: 7186

Re: Condor moved me from Business to Economy. Recourse?

Victoria, I'm sorry you are going through such nonsense. I hope you ignore the "school of hard knocks" suggestion above. I'm reasonably confident that with some persistence you can get all your money back.
by Bfwolf
Fri Dec 21, 2018 11:44 pm
Forum: Personal Investments
Topic: TLH during dividend season
Replies: 18
Views: 1153

Re: TLH during dividend season

Receiving the dividend before you sell is not a loss, because your capital loss is increased by the amount of the dividend (in addition to any gain or loss from market movements, which affects your taxes even if you sell one stock fund to buy another). I think it depends on what's personal capital ...
by Bfwolf
Tue Dec 18, 2018 3:19 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 302
Views: 40528

Re: TurboTax Prices

I'm frustrated that apparently some of the forms are not available yet for Turbotax Home & Business because the IRS has not yet released them. I wanted to put in my 2018 numbers and see if it makes sense for me to do a partial IRA conversion with the new tax laws. I guess I'll have to do that estima...
by Bfwolf
Mon Dec 17, 2018 12:37 am
Forum: Personal Investments
Topic: What is a good very safe Vanguard fund?
Replies: 17
Views: 2466

Re: What is a good very safe Vanguard fund?

Don't keep more than $250K in any one bank and it's all FDIC insured--as close to 0 risk as you can get. It was my understanding if you are married or joint account could have up to $750k. Is this not correct? Q: Can I have more than $250,000 of deposit insurance coverage at one FDIC-insured bank? ...
by Bfwolf
Sun Dec 16, 2018 8:02 pm
Forum: Personal Investments
Topic: My 401k has no bond index fund options
Replies: 15
Views: 1171

Re: My 401k has no bond index fund options

Why homebrew it? Just use the TD fund.