Search found 1147 matches

by awval999
Sat Aug 15, 2020 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Did any inheritance make positive effect on your life?
Replies: 41
Views: 1840

Re: Did any inheritance make positive effect on your life?

I say this as a 34 year old father of a toddler and expecting another. I begged my father (in truth my mother to let him) to retire this year at 62 at the end of this calendar year. We’ll see if he follows through. I do not need any inheritance nor would I want one dollar if it prevented him from en...
by awval999
Sun Aug 02, 2020 4:11 pm
Forum: Personal Consumer Issues
Topic: What Car Maintenance Do You Do?
Replies: 159
Views: 7747

Re: What Car Maintenance Do You Do?

Engine air filter
Cabin air filter
Wiper blades
Tire pressure
Car wash / interior vacuum

The rest I have a local trusted mechanic.
by awval999
Sun Aug 02, 2020 1:19 pm
Forum: Personal Consumer Issues
Topic: Any Chase Sapphire Reserve cardholders planning on cancelling?
Replies: 80
Views: 7582

Re: Any Chase Sapphire Reserve cardholders planning on cancelling?

Temporarily lowered annual fee This is a move Chase has made in light of COVID-19 halting travel and rendering your card’s travel benefits nearly useless of late. Chase will only charge a $450 annual fee to anyone renewing their card between July 2 and December 31, 2020. In other words, if you’re pl...
by awval999
Sat Aug 01, 2020 5:26 pm
Forum: Personal Consumer Issues
Topic: Move to NE Ohio?
Replies: 57
Views: 3270

Re: Move to NE Ohio?

Sport you are correct, no doubt about it.
by awval999
Sat Aug 01, 2020 5:13 pm
Forum: Personal Consumer Issues
Topic: Move to NE Ohio?
Replies: 57
Views: 3270

Re: Move to NE Ohio?

I live in NE Ohio. I would recommend to rent first, and you already stated you will be, so I agree with your plan. Understand that the western, eastern and southern Cleveland suburbs are very different; culturally, socioeconomically and politically. I live in one of the western suburbs and have no i...
by awval999
Sat Jul 25, 2020 6:05 pm
Forum: Personal Consumer Issues
Topic: Is $3K > KBB book value for a 16 year used car
Replies: 18
Views: 1133

Re: Is $3K > KBB book value for a 16 year used car

The car isn’t likely worth more than $3k
by awval999
Fri Jul 24, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: eliquis - discount card
Replies: 8
Views: 649

Re: eliquis - discount card

Won’t work.
Copay cards are secondary insurance only.
The claim would reject.
by awval999
Fri Jul 24, 2020 8:21 am
Forum: Personal Consumer Issues
Topic: eliquis - discount card
Replies: 8
Views: 649

Re: eliquis - discount card

Can’t use copay card for Medicare Part D.
by awval999
Mon Jul 20, 2020 1:06 pm
Forum: Investing - Theory, News & General
Topic: Convince me not to sell all my US equities to Cash temporarily
Replies: 135
Views: 11069

Re: Convince me not to sell all my US equities to Cash temporarily

Hi Everyone. For context, I'm 36 years old, married , one child. Less than $500k invested (index funds). 80/20 portfolio. I'm having a really hard time right now, not wanting to temporarily sell all my US equities to cash. The way that US stocks have rebounded baffles me and US equities seem comple...
by awval999
Tue Jul 14, 2020 2:51 pm
Forum: Personal Consumer Issues
Topic: Sudden loss in battery life: iPhone 7
Replies: 30
Views: 1756

Re: Sudden loss in battery life: iPhone 7

I would replace the battery. It will be approx $75-$100.
You will get one additional year out of it.
Instead you could buy a new iPhone SE 2 for $400 which will give you 4 years of decent performance for $399.

FYI I replaced my iPhone SE 1 with and iPhone SE 2 3 months ago.
by awval999
Tue Jul 14, 2020 6:41 am
Forum: Personal Consumer Issues
Topic: “Surviving” a Florida panhandle vacation
Replies: 38
Views: 5045

Re: “Surviving” a Florida panhandle vacation

I’m in Fort Lauderdale with my family right now. It’s fine. Everyone in masks. Safety is a personal feeling. Don’t come if you’re worried, for whatever reason. It won’t make for a good vacation.
by awval999
Sun Jul 12, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: difficulty finding no-cost 10 yr mortgage refi
Replies: 24
Views: 1252

Re: difficulty finding no-cost 10 yr mortgage refi

Having exactly the same issue as you, Ohio. Currently 1 year into a 15 at 3.45%. Balance of $170,000. Looking for the same 10 year no-fi. (Which is what I got last year for the 15). These low rates you read about are for jumbo balances and such where the banks can make back the money. I’ve been look...
by awval999
Thu May 21, 2020 5:19 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11868

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

Does anyone "rebalance" the way I do? Default 80/20. Then at every 10% down I go 5% more into stocks. At -10% I'm at 85/15 At -20% I'm at 90/10 At -30% I'm at 95/5 At -40% I'm at 100/0 I then ride the wave back up to the all time high, when I go back to 80/20. It's written in my IPS. This morning I...
by awval999
Thu May 14, 2020 6:44 pm
Forum: Personal Consumer Issues
Topic: Secrets to a great lawn
Replies: 65
Views: 5451

Re: Secrets to a great lawn

Just pay for TruGreen.
Yes it’s poison and expensive.
But my lawn so green.
by awval999
Thu May 14, 2020 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Employer cut 403b contribution to zero
Replies: 86
Views: 6192

Re: Employer cut 403b contribution to zero

My health system also stopped all 403b matching contributions. They also cut the pay of senior leadership for 10 weeks. I don't know why this is surprising. Health systems hemorrhaging. Universities are worrying about the Fall and students not enrolling in full time "online" classes at full rate + r...
by awval999
Mon May 11, 2020 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff Imminent, seeking guidance.
Replies: 56
Views: 7413

Re: Layoff Imminent, seeking guidance.

Print off / Save to flash drive any documents, emails (non intellectual property, of course) that could be used for future interviews / portfolio 1. Annual Reviews 2. Positive emails/awards 3. Projects / Powerpoints /Presentations Why is the first comment on a threat always a dumb comment. You know...
by awval999
Sun May 10, 2020 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Layoff Imminent, seeking guidance.
Replies: 56
Views: 7413

Re: Layoff Imminent, seeking guidance.

Print off / Save to flash drive any documents, emails (non intellectual property, of course) that could be used for future interviews / portfolio
1. Annual Reviews
2. Positive emails/awards
3. Projects / Powerpoints /Presentations
by awval999
Tue Apr 21, 2020 5:36 am
Forum: Investing - Theory, News & General
Topic: Is deflation good or bad for the S&P 500?
Replies: 24
Views: 2506

Re: Is deflation good or bad for the S&P 500?

Deflation will never be allowed to occur in the United States.
https://en.wikipedia.org/wiki/Bernanke_doctrine
by awval999
Mon Apr 20, 2020 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Time to cash in Chase UR points?
Replies: 41
Views: 4084

Re: Time to cash in Chase UR points?

I die a little inside when I read posts about cashing out a HALF MILLION Chase URs for $0.01 per point.
by awval999
Wed Apr 15, 2020 5:31 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19503
Views: 2699425

Re: U.S. stocks in free fall

Does anyone "rebalance" the way I do? Default 80/20. Then at every 10% down I go 5% more into stocks. At -10% I'm at 85/15 At -20% I'm at 90/10 At -30% I'm at 95/5 At -40% I'm at 100/0 I then ride the wave back up to the all time high, when I go back to 80/20. It's written in my IPS. This morning I...
by awval999
Mon Apr 06, 2020 9:22 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4007
Views: 307601

Re: Coronavirus and the market

I believe that the market is digesting in the updated IHME Covid-19 model, which is causing the upward movement today in the market . The model has dramatically reduced the expectations of hospitalizations, ICU stays, ventilators needed and deaths due to the virus. Very interested in New York state'...
by awval999
Sun Apr 05, 2020 11:35 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 75946

Re: Bogleheads community discussion - Coronavirus

Will do good wrote:
Sat Apr 04, 2020 6:54 pm
No change to Investment.
Life, yes.

When things are back to "normal" we will not put off living to tomorrow, will see more families & friends, eat out more, travel even more than 3x-4x a year, do whatever we want (within reason) which we can afford, life is short.
I really like this quote.
by awval999
Sun Apr 05, 2020 10:54 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4007
Views: 307601

Re: Coronavirus and the market

I earnestly believe, that when these stay at home orders are lifted, we are going to have full baseball stadiums, full restaurants, full bars. I sure hope this is not what the market believes, because I highly doubt gatherings of such size will be permitted (nor should they) until much later. It's ...
by awval999
Sun Apr 05, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4007
Views: 307601

Re: Coronavirus and the market

Do you really think that millions of unemployed, and thousands of small business forever closed, have no effect on the economy? If you lose your job, would your priority be to go right back to fill baseball stadiums, restaurants and bars as soon as you can? Yes, it will have an effect on the econom...
by awval999
Sun Apr 05, 2020 7:21 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4007
Views: 307601

Re: Coronavirus and the market

I reckon the US goes back to the highs of 2000 or 2007. It's happening in other markets. Let's immortalize this forever that you are predicting DOW 11,000-13,000. You are correct regarding European stocks. They are awful. I don't even know why I invest in international funds. This is discounting di...
by awval999
Sun Apr 05, 2020 7:18 am
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4007
Views: 307601

Re: Coronavirus and the market

We are nearing market bottom here -- probably already bottomed -- with all of the Boglehead doom and gloom. I really liked a post I read in this thread that the market is not always directly linked to the economy. They are correlated but not necessarily linked with a an r=1. I think many here discou...
by awval999
Mon Mar 30, 2020 12:18 pm
Forum: Investing - Theory, News & General
Topic: Help me understand this market--or How can S&P be 2600 today?
Replies: 109
Views: 9475

Re: Help me understand this market--or How can S&P be 2600 today?

The virus will be defeated.
The world will go back to normal.
The market is forward looking.
by awval999
Sat Mar 28, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?
Replies: 68
Views: 8591

Re: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?

Contrary to popular opinion on how awful current nominal rates are.... If some of the academic papers about the long term effects of pandemics on interest rates are correct, we may eye the current Treasury yields as "the good old days" 20 years from now. That’s scary. If true, more people will like...
by awval999
Sat Mar 28, 2020 4:08 pm
Forum: Investing - Theory, News & General
Topic: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?
Replies: 68
Views: 8591

Re: Does anyone else think this is a once in a lifetime opportunity to buy treasuries?

Given the current landscape: many companies will go bankrupt, etc. Aren't treasuries the safest bet? The next 5-10 years could mirror the 30s. Also, they probably put TOO much stimulus into this nosedive. It will be bad, but there may be a massive inflation risk necessitating a rise in interest rat...
by awval999
Sat Mar 21, 2020 7:59 am
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 196079

Re: Bogleheads community discussion - Coronavirus

The confirmed infection rate is meaningless because of limited number of testing. As many have said... if somehow we tested all of USA and have 1M or 10M or 100M positive, what would that change? Truthfully, the higher number of infected reduces the case fatality rate as long as the deaths don't inc...
by awval999
Mon Mar 16, 2020 8:50 pm
Forum: Investing - Theory, News & General
Topic: Poll - How much of a crash are you predicting?
Replies: 82
Views: 5509

Re: Poll - How much of a crash are you predicting?

lol He will close the stock market before it goes -80% down. There won’t be food in the groceries stores.
by awval999
Sun Mar 15, 2020 8:22 pm
Forum: Personal Investments
Topic: Take money out of the bank?
Replies: 66
Views: 5846

Re: Take money out of the bank?

Yes. $1000 in cash at home is reasonable in these uncertain times.
by awval999
Fri Mar 13, 2020 5:15 pm
Forum: Investing - Theory, News & General
Topic: Are Markets Truly Efficient?
Replies: 34
Views: 1000

Re: Are Markets Truly Efficient?

I do not believe that markets are efficient.
I also do not believe that I am able to take advantage of their inefficiency.
by awval999
Thu Mar 12, 2020 7:43 pm
Forum: Investing - Theory, News & General
Topic: Honest Question - Did I waste $20K?
Replies: 24
Views: 2838

Re: Honest Question - Did I waste $20K?

Did I goof? I had some $$ parked in my money market from a previous 401K rollover. I am planning to sell when these appreciate then buy broad based index funds. :oops: :shock: Bought the following: $10K Norweigian Cruise Stock $5K Royal Carribean $5K Delta Airlines I don't think you're wrong. But I...
by awval999
Thu Mar 12, 2020 5:51 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19503
Views: 2699425

Re: U.S. stocks in free fall

Does anyone "rebalance" the way I do? Default 80/20. Then at every 10% down I go 5% more into stocks. At -10% I'm at 85/15 At -20% I'm at 90/10 At -30% I'm at 95/5 At -40% I'm at 100/0 I then ride the wave back up to the all time high, when I go back to 80/20. It's written in my IPS. This morning I...
by awval999
Thu Mar 12, 2020 5:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19503
Views: 2699425

Re: U.S. stocks in free fall

Does anyone "rebalance" the way I do? Default 80/20. Then at every 10% down I go 5% more into stocks. At -10% I'm at 85/15 At -20% I'm at 90/10 At -30% I'm at 95/5 At -40% I'm at 100/0 I then ride the wave back up to the all time high, when I go back to 80/20. It's written in my IPS. This morning I ...
by awval999
Sat Feb 29, 2020 8:51 am
Forum: Investing - Theory, News & General
Topic: stop playing the game, 0/100 and hyperinflation scenario
Replies: 60
Views: 4494

Re: stop playing the game, 0/100 and hyperinflation scenario

Treasury Inflation-Protected Securities (TIPS) are a form of U.S. Treasury bond designed to help investors protect against inflation. These bonds are indexed to inflation, have U.S. government backing, and pay investors a fixed interest rate as the bond's par value adjusts with the inflation rate.
by awval999
Sat Feb 22, 2020 7:32 am
Forum: Personal Consumer Issues
Topic: Do You Have a Long Term Travel Strategy?
Replies: 67
Views: 6078

Re: Do You Have a Long Term Travel Strategy?

30's with one child now. Will try for 2nd child later this year. We've already taken him to Florida and Aruba. Scheduled to travel with him to Arizona, Toronto and NYC this year. We take one adult vacation once a year and leave him with grandparents for a week+. This year it's to Spain. Travelling w...
by awval999
Tue Feb 11, 2020 6:03 am
Forum: Personal Investments
Topic: 529 spend on graduate school
Replies: 3
Views: 325

Re: 529 spend on graduate school

Yes I would use the 529 here.
If you have children, start a new 529 at birth. That will give you 18 years for growth.
by awval999
Tue Jan 21, 2020 6:37 am
Forum: Personal Consumer Issues
Topic: Who pays GoodRX and how?
Replies: 9
Views: 1849

Re: Who pays GoodRX and how?

I assure you they don’t. The PBM does and is part of their accounting that is settled up periodically. That fee may be shared with GoodRx. That is playing with semantics. There is a net charge to pharmacies when the GoodRx coupon is used. You are correct that it's not GoodRx that charges them, it's...
by awval999
Mon Jan 20, 2020 8:19 pm
Forum: Personal Consumer Issues
Topic: Who pays GoodRX and how?
Replies: 9
Views: 1849

Re: Who pays GoodRX and how?

djthedj wrote:
Mon Jan 20, 2020 8:08 pm
GoodRx doesn’t charge the pharmacy anything. Their coupons are from PBM’s who may charge the pharmacy a fee, but they generally make more than they do from insured patients. They also have a subscription business.
I assure you they charge the pharmacy.
by awval999
Mon Jan 20, 2020 7:12 pm
Forum: Personal Consumer Issues
Topic: Who pays GoodRX and how?
Replies: 9
Views: 1849

Re: Who pays GoodRX and how?

They charge the pharmacy about $8 per claim.
by awval999
Mon Jan 13, 2020 6:57 am
Forum: Personal Investments
Topic: Proceeds from home sale, invest, pay down debt, other?
Replies: 15
Views: 928

Re: Proceeds from home sale, invest, pay down debt, other?

Just sold our house. I have roughly 143k left over to either invest or pay off debt. 407k Mortgage, 30 years at 3.8% 63k Student loan at 2.6%, 20 year term, 339/mo No other debt $470,000 debt 37, married Both of us work, ~300k income We have the following accounts My 401k 245k Her 401k 100k My Roth...
by awval999
Sun Jan 05, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: So now stocks only return 3% over time?
Replies: 95
Views: 11509

Re: So now stocks only return 3% over time?

The nominal CAGR of the SP500 including reinvested dividends over ~150 years is 9.12% The real CAGR of the SP500 including reinvested dividends over ~150 years is 6.93% This includes 2019 year end close data. Past performance does not guarantee future results. https://dqydj.com/sp-500-return-calcul...
by awval999
Sat Jan 04, 2020 11:37 pm
Forum: Personal Consumer Issues
Topic: Meds from Canadian Mail-Order Pharmacy. Legality? Ethics? Safety? Efficacy?
Replies: 33
Views: 3878

Re: Meds from Canadian Mail-Order Pharmacy. Legality? Ethics? Safety? Efficacy?

Have you asked if you are a candidate for other, cheaper, generic ophthalmic medications? Have you failed all other options. As a pharmacist, I wouldn’t be concerned regarding Canada’s drug supply. But I would want to go in person and pick up the medication. Barring that I would confirm it’s legitim...
by awval999
Sat Jan 04, 2020 9:49 am
Forum: Investing - Theory, News & General
Topic: Why not stick with majority aggressive mutual funds as I approach retirement and throughout retirement?
Replies: 17
Views: 2194

Re: Why not stick with majority aggressive mutual funds as I approach retirement and throughout retirement?

DB2 wrote:
Thu Jan 02, 2020 9:53 pm
Great post, nisiprius.
I'd go further and say fantastic post. Not only was the information fantastic, it was told in a story format. The dramatic reveal when you went post 1970, never expected that Wellington would catch back up, ever. But then it did.
by awval999
Wed Jan 01, 2020 9:24 am
Forum: Investing - Theory, News & General
Topic: So now stocks only return 3% over time?
Replies: 95
Views: 11509

Re: So now stocks only return 3% over time?

The nominal CAGR of the SP500 including reinvested dividends over ~150 years is 9.12% The real CAGR of the SP500 including reinvested dividends over ~150 years is 6.93% This includes 2019 year end close data. Past performance does not guarantee future results. https://dqydj.com/sp-500-return-calcula...
by awval999
Sat Dec 21, 2019 9:56 am
Forum: Personal Investments
Topic: In or Near Retirement with Only Six Figures?
Replies: 126
Views: 15650

Re: In or Near Retirement with Only Six Figures?

My father will retire at 62. My mother has been a stay at home spouse for decades. They will have approximately $400,000 to bridge them to 70 where they would take maxed out SS and spousal 1/2 SS. Paid off house in LCOL as well as brand new automobile paid off. $36,000/year in expenses is luxurious ...
by awval999
Sat Dec 21, 2019 9:49 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 28235

Re: Tax Law Changes for 2020

It is arguably the largest single tax increase many individuals will experience in their lifetimes. :confused I'd love to see the math that supports your statement. For starters, Congress's Joint Committee on Taxation estimates the additional revenue raise (tax increase) solely from the "Modificati...