Search found 816 matches

by THY4373
Wed Jan 02, 2019 9:43 am
Forum: Personal Consumer Issues
Topic: Using less plastic
Replies: 69
Views: 1855

Re: Using less plastic

It is sad that taking steps to reduce our impact on the environment particularly when done as a personal choice (vs legislation) as discussed here is considered "political". That said some steps I have taken. I don't use bottled water. I drink from tap at home and office and I have a Grayl reusable ...
by THY4373
Mon Dec 31, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

I have gold status on Hilton but I don’t have anymore of the credit card, so I still get to useexecutive lounge. Plus I only play with British Airways Chase VISA card now, every two year I get 2 free business trips to London from LAX. I pay about $2500 for tax for 2 tickets. It’s decent trade off. ...
by THY4373
Mon Dec 31, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

Treatment of Diamonds varies by hotel, and you can't count on a suite upgrade - sometimes you'll get it, sometimes not. My sense is outside the U.S. you have a better shot. I have probably spent 15-20 nights annually in Hilton's mostly overseas the last three+ years as Diamond and I have yet to get...
by THY4373
Mon Dec 31, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

Thanks for all the advice. We average 45k to 55k on the credit card with our Sapphire and an additional 5k to 10k on my Freedom. With regard to the Hyatt that is not an option as the hotels are limited or non existent in the countries i travel to or work in. The sheraton brand is more common in afr...
by THY4373
Mon Dec 31, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

I think if you were to talk to a heavy business traveler (a true road warrior), they would tell you that the majority of their points and miles come directly from the airline and hotel loyalty programs, not from the associated credit card spending. In other words, actual flight miles and actual hot...
by THY4373
Mon Dec 31, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

The sad truth is that most people are unable to earn enough points and miles through their own personal travel to underwrite the cost of a family vacation. Those who travel heavily for business, however, often can, because they're leveraging their employer's travel budget. I agree with this with th...
by THY4373
Mon Dec 31, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards strategy focused on Travel
Replies: 15
Views: 826

Re: Credit Card Rewards strategy focused on Travel

As a general comment it might helps to have some sense of how much spend you put through your cards and if you have a particular category with a lot of spend. 1. SPG/Marriott Membership - Aim for Elite status of some sort and 1. Hotel perks mainly - have a 2 year old and another on the way. Want to ...
by THY4373
Fri Dec 28, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: not funding kid's tuition
Replies: 102
Views: 3336

Re: not funding kid's tuition

If you can't afford it, or choose not to fund it, well, that's pretty much that. I would encourage that you still help them get there, even if they're the ones paying for it. I simply didn't know how to go to college on my own at that age because nobody seemed interested in showing me how it all wo...
by THY4373
Fri Dec 28, 2018 9:41 am
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3131

Re: Will I be renting forever?

As others have said renting is by no means "throwing money away" that is realtor propaganda pure and simple. I was a homeowner for two decades and now a renter for three. I actually bought my first place in a HCOL area post graduate school. My parents generously let me live with them while I saved m...
by THY4373
Wed Dec 26, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Niece divorce - house questions
Replies: 16
Views: 2033

Re: Niece divorce - house questions

8foot7 covered things quite well. Having gone through a recent divorce here are a few bits of advice: As noted by 8foot7 and others she may or may not have less of a share in the home equity than she thinks. Additionally, the odds of a bank changing the existing mortgage to put her on it and remove ...
by THY4373
Mon Dec 24, 2018 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: For Mega Backdoor, should I use Roth 401(k) or Roth IRA?
Replies: 6
Views: 494

Re: For Mega Backdoor, should I use Roth 401(k) or Roth IRA?

One other advantage to the 401k is you can use the rule of 55 to access the money at age 55 as long as that 401k is at the employer you "retire" from. Now one would likely want to draw down trad balances first (before SS and any pensions kick in) so that may not be much of an advantage in real life....
by THY4373
Mon Dec 24, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put another $5500 in the Market on January first for my ROTH IRA?
Replies: 29
Views: 3574

Re: Should I put another $5500 in the Market on January first for my ROTH IRA?

I intend to drop $7k (with my catch contribution) into a trad IRA the first week of January to do a backdoor Roth. I will also likely use the remainder of my year end bonus to partially fund my megabackdoor Roth via my employer. This will also likely go in, in January. I pretty much do this every ye...
by THY4373
Sun Dec 23, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Involuntary retirement - stories and strategies?
Replies: 32
Views: 3599

Re: Involuntary retirement - stories and strategies?

HEDGEFUNDIE wrote:
Sat Dec 22, 2018 3:48 pm

Awesome list. Thanks nguy!
+1 I agree with them all especially the one about staying fit which is a good thing to do for any number of reasons.
by THY4373
Sun Dec 23, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: Making Large Purchases with Credit Card and Immediately Paying Off- Bad for Credit Score?
Replies: 44
Views: 3883

Re: Making Large Purchases with Credit Card and Immediately Paying Off- Bad for Credit Score?

I think folks are conflating a few different things here. Paying balance before statement close in a single payment is very, very, very unlikely to cause issues. Making multiple payments (but NOT cycling credit limit) is very unlikely to cause issues UNLESS they are "anonymous" payments (e.g., in-st...
by THY4373
Sun Dec 23, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Making Large Purchases with Credit Card and Immediately Paying Off- Bad for Credit Score?
Replies: 44
Views: 3883

Re: Making Large Purchases with Credit Card and Immediately Paying Off- Bad for Credit Score?

"If you make a big-ticket purchase and pay it off before the date that your monthly account statement gets printed, your credit standing won’t suffer a bit. Only balances remaining at that time get reported to the major credit bureaus." " That is generally true but there are some issuers that repor...
by THY4373
Fri Dec 21, 2018 5:38 pm
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 54
Views: 4903

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

onourway wrote:
Fri Dec 21, 2018 4:38 pm

The question is, are you actually flying to Longyearbyen on SAS or are they putting you on Wideroe (who does many of the domestic trips for SAS).

:happy

Enjoy!
Ha good question, I honestly don't know. As long as the six of us make to Longyearbyen it is all good :D .
by THY4373
Fri Dec 21, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 54
Views: 4903

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

Kind of agree with the above advice. My BIL found this out earlier this year when his flight to Europe on a budget carrier was cancelled while he was waiting at the gate because the airline had shut down! I am going to Norway next year and flying from Oslo to Longyearbyen up in the arctic circle. I...
by THY4373
Fri Dec 21, 2018 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone's portfolio not tanking???
Replies: 129
Views: 13139

Re: Is anyone's portfolio not tanking???

I am sure I am down (based on my AA) but I have no idea by how much. I only really look at my total assets once a year (around tax time) to calculate my networth and whether I am on track to make the number I need to retire when I want to. This is by design as not knowing exactly how much up or down...
by THY4373
Fri Dec 21, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 54
Views: 4903

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

bberris wrote:
Fri Dec 21, 2018 3:42 pm
dpm321 wrote:
Fri Dec 21, 2018 9:29 am
Take the flight and the refund. It's only 6 hours and $400 each is a bargain.
$800 RT is not a bargain.

I have been able to find many flights in economy from MSP to Europe under 500 RT even in summer.
Agreed $800 isn't bad but it isn't a bargain either.
by THY4373
Fri Dec 21, 2018 3:44 pm
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 54
Views: 4903

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

A related suggestion - if you have United miles (or can tranfer Chase UR points), it's worth checking Lufthansa, which flies direct from Dulles to FRA. Their business class isn't the greatest, but it's a true flat bed and will be much more comfortable than Condor. 70K United miles in each direction...
by THY4373
Fri Dec 21, 2018 3:37 pm
Forum: Personal Consumer Issues
Topic: Condor moved me from Business to Economy. Recourse?
Replies: 54
Views: 4903

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

Victoria I would read the post above mine and research EC261. The European rules/laws are likely to be much more in your favor than the US rules in this instance. You might also want to do some research over on flyertalk into the EC261 rules. I would read up on those and then take your issue up with...
by THY4373
Thu Dec 20, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: USAA apology letter?
Replies: 42
Views: 6086

Re: USAA apology letter?

I haven't received the letter but then I am not a full member (first gen legacy with CIC (2nd tier) insurance coverage). I have been with USAA for nearly 30 years. That is certainly an odd letter. Not sure it is so much an apology for poor customer service but perhaps an acknowledgement they didn't ...
by THY4373
Tue Dec 18, 2018 10:06 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

find it much better to research and find reliable models usually from domestic automakers (they depreciate more than the Asian makes and are often more reliable and cheaper to keep on the road than the European makes). This is an interesting stat. Is the domestic car depreciating more quickly becau...
by THY4373
Tue Dec 18, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

new2bogle2 wrote:
Mon Dec 17, 2018 11:39 pm
Jack FFR1846 wrote:
Mon Dec 17, 2018 9:26 am
A dealer makes a few hundred dollars on a new car and a few thousand dollars on a used car.
Is this true? I had no idea!
I don't know the exact figures but I have seen the fact that used cars are more profitable than used for dealers many times.
by THY4373
Tue Dec 18, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

Does the MKZ still use the Toyota transmission? Any other domestic vehicles that you can think of which use Toyota or Honda products under the hood? This is great information, thank you. No the newer MKZs are completely different and at least back when I was researching my purchase in 2015 the newe...
by THY4373
Tue Dec 18, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

Thank you for this helpful information. Are you talking about new or used domestic sedans as possible Sweet spots? Any particular makes and models to mention specific to midsize sedans? Thanks Oh absolutely used. The general rule of thumb I have is low depreciation cars go for new (unless you are b...
by THY4373
Mon Dec 17, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

But that is exactly why a vehicle with an accident history can be a deal: Many people refuse to even consider buying them. They can be a deal but it clearly adds further risk to situation I think some of this comes down to what part of the market you are buying in. The most expensive car I have bou...
by THY4373
Mon Dec 17, 2018 12:00 pm
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

One hint I forgot to mention always google the VIN this may turn up previous auctions including salvage auctions that may show the car in its unrepaired condition if applicable.
by THY4373
Mon Dec 17, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: Low flow shower head
Replies: 42
Views: 2464

Re: Low flow shower head

The only low flow shower head I liked was a Bricor. I had the B125 I believe at my last house. Good pressure and more importantly didn't cool down the water by adding air. Basically it put out about 1/2 the flow of a standard shower head but it truly felt like more than the standard shower head. htt...
by THY4373
Mon Dec 17, 2018 9:30 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

Strictly my educated opinion, "A" tier, Toyota, Lexus, Subaru. "B" tier, Ford, Honda, Mazda. "C" tier, GM, Volkswagen. "D" tier, C-D-J-Ram, Nissan. "E" all the rest except, Fiat, Mini & Kia, these three are off the scale until they prove different. That is fairly simplistic. All brands have misses ...
by THY4373
Mon Dec 17, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

Clearly those cars are in low demand for a reason. Thanks Of course but is that reason valid or is it valid or you? Some cars are great cars but just unpopular for one reason or another. If you want to get a real used car value then you need to seek out these diamonds. Cars that are reliable, drive...
by THY4373
Mon Dec 17, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3566

Re: Any advice for buying a used car?

How can someone find out the severity of an accident? If the car is for sale, the accident wasn't serious. If the car is totaled and cannot be driven, the accident was serious. Think about it: Anything that only dents the car or breaks a light or side mirror is not serious, is it? That is pretty si...
by THY4373
Sun Dec 16, 2018 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Can I buy a PIN prepaid debit card with a credit card for rewards bonus
Replies: 10
Views: 490

Re: Can I buy a PIN prepaid debit card with a credit card for rewards bonus

The majority of reloadable pre-paid debit cards cannot be purchased or loaded directly with credit cards (I think the Amex prepaids Serve/BlueBird can be loaded with Amex credit cards but they don't earn points from the load). To the extent that a prepaid card does exist that can be loaded by credit...
by THY4373
Fri Dec 14, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3178
Views: 616937

Re: What's Your Credit Card Rewards Strategy?

I don’t necessarily agree with this. Right now I’m running 3 primary cards: AMEX Blue Business Plus: 2x MR everywhere Citi TYP: 3x travel and gas AMEX Gold: 4x dining and groceries And then I use: Chase Freedom/Ink Cash: 5x categories when it makes sense although I’m very very slowly stockpiling UR...
by THY4373
Fri Dec 14, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3178
Views: 616937

Re: What's Your Credit Card Rewards Strategy?

I think Chase UR are incredibly overrated I'd like to hear the reasoning on this. I'm frequently making tough calls between charging things to my Chase or AmEx ecosystems so always open to arguments. Depends on your use of course but I tend to agree at least for my purposes UR is less valuable to m...
by THY4373
Fri Dec 14, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19512

Re: Favorite Purchase of 2018?

My trip to Easter Island just magical. Close second was my trip with my son to Japan.
by THY4373
Wed Dec 12, 2018 4:47 pm
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 91
Views: 7445

Re: Is a New Car Okay if Driven 15+ Years?

There is no right answer to this other than to buy something you can afford. I have bought all used cars in my life with one exception (for now ex-wife during the end of the last great recession when used car prices were just silly). I tend to look for reliable but high depreciation domestic sedans ...
by THY4373
Tue Dec 11, 2018 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22084

Re: What percentage of your net worth is your home equity?

UpperNwGuy wrote:
Tue Dec 11, 2018 4:22 pm
Zero. I rent.
+1
by THY4373
Thu Dec 06, 2018 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Fraudulent charges on Chase Credit Card -- Chase unresponsive
Replies: 19
Views: 3532

Re: Fraudulent charges on Chase Credit Card -- Chase unresponsive

Since this is an Ink card it is a business card and thus (as noted above) has different (generally less) protections than a personal card. Whether or not that impacts this situation I don't know. The one thing I have seen repeated multiple times is to always follow up a call on fraudulent charges wi...
by THY4373
Wed Nov 28, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5684

Re: Is good, quality luggage worth the price?

I see most people use smaller luggage and carryons. They are ok on a business trip, but what do you do when travelling with family? Two medium suitcases don't fit in many cars, especially in small rentals. A carry on inside the car is annoying. Brands recommended here (Travel Pro Platinum, B&R) don...
by THY4373
Wed Nov 28, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5684

Re: Is good, quality luggage worth the price?

Definitely get something with wheels. Probably the greatest invention ever made, and well-built luggage has wheels that last a long time. I agree. A few years ago I read how wheeled luggage slows you down and I bought an eBags backpack that was carry-on size. I am relatively fit, but when the bag w...
by THY4373
Wed Nov 28, 2018 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 109
Views: 14429

Re: Divorce [financial implications]

I take it you weren’t married to another high wage earner. My spouse and I are both high earners. We are a team and set on growing old and rich together. I don’t find our marriage risky at all. Easy to say until you have gone through a divorce. Sounds exactly like my marriage (16 years) up until I ...
by THY4373
Tue Nov 27, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 109
Views: 14429

Re: Divorce [financial implications]

I have a slightly different take, in that I was on the receiving end of a hostile divorce, and lawyers were a must. The collaborative/single lawyer/mediation approach was suggested at one point, but there was nothing about my wife's approach that was oriented toward mediation or working anything ou...
by THY4373
Tue Nov 27, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: How do value the cost of commuting?
Replies: 54
Views: 3497

Re: How do value the cost of commuting?

You should rephrase your question. How do you value the cost of not commuting? +1 I telework 3-4 days a week and go into office (10 mins easy mins each way) 1-2 days. I decided years ago it would take $25-35k (all else being equal) to take a job with a normal commute (i.e., 5 days a week 30-40/mins...
by THY4373
Tue Nov 27, 2018 3:02 pm
Forum: Personal Consumer Issues
Topic: Air heat pump questions (any experts in the community?)
Replies: 24
Views: 1881

Re: Air heat pump questions (any experts in the community?)

Make sure you have the heat pump set to run for a minimum of 60 minutes before the electric strips kick on. We live much further south but on a few really cold low 20 degree days my heat pump will run 20-22 hours a day with very minimal electric strip heat use (mostly for reversing defrost function...
by THY4373
Mon Nov 26, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3917

Re: Federal Job Offer - Should I take it?

The federal benefits are virtually unmatched though. Pension, 5% match, Dirt cheap health insurance, tons of paid time off... Those all have value of course but they may or may not compensate OP for moving to SF (I personally think they don't and I am a former Fed employee so I am aware of the bene...
by THY4373
Mon Nov 26, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3917

Re: Federal Job Offer - Should I take it?

I would ask how this fits into your long term plans? Short term as noted by others this seems a pretty large negative financial impact. It is hard for me to see that living in the Bay Area long-term that the Feds are likely to keep up with high and growing cost of living there. If this is a way to g...
by THY4373
Sun Nov 25, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: Is good, quality luggage worth the price?
Replies: 88
Views: 5684

Re: Is good, quality luggage worth the price?

My Tom Bhin Aeronaut 30L carry-on (the only bag I travel with) was worth every penny of its $285 cost. Extremely well made, and maximizes its small size. I bought my son a Ospery 30-ish L backpack that was on clearance for about $80 (normally it would have been about half the cost of the Aeronaut) a...
by THY4373
Tue Nov 20, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Side Business Idea feedback please: Road Warrior School
Replies: 8
Views: 995

Re: Side Business Idea feedback please: Road Warrior School

I am not a road warrior but I am track to have racked up low seven figures of points/miles this year so I am a points enthusiast. I think this is an interesting idea and BH may not be the best place to get advice because we tend to be DIY type folks. Personally I have been doing this for years and h...
by THY4373
Sun Nov 18, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: How to charge much higher than Credit Card Limit
Replies: 44
Views: 4219

Re: How to charge much higher than Credit Card Limit

Most if not all Visa Signature and Infinity cards have no preset spending limit. They just require payment back down to your credit limit when the statement cuts. No preset limit is not the same as no limit. The cards all have limits but yeah you can probably exceed you stated limit by some degree ...