Search found 1393 matches

by gvsucavie03
Mon Jun 24, 2019 6:10 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

msi wrote:
Mon Jun 24, 2019 3:33 am
Heads up... Citi is ending Price Rewind on Sept 22nd. That used to be one key benefit of the Citi Doublecash over the Fidelity Visa https://www.doctorofcredit.com/citi-to- ... 22nd-2019/
Were there folks that actually used this feature?
by gvsucavie03
Thu May 16, 2019 5:42 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

Just got approved for Fidelity 2% cashback credit card with 18 Month 0 APR promo with 25K credit I am doing some remodel so I am spending some $$$ What do you think of using this Fidelity Card for my remodel purchases and do minimum payment and get this 0 APR for 18 months and invest the money in V...
by gvsucavie03
Wed May 15, 2019 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Calling online bank to ask for a bonus?
Replies: 8
Views: 941

Re: Calling online bank to ask for a bonus?

Generally Reddit and DoC recommend not calling the bank about this stuff, especially if you are trying to trigger a bonus with phony direct deposits. I would also say to not call in this case. They don't owe you and you probably won't get it.
by gvsucavie03
Tue May 14, 2019 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

hey all, could use some advice. wife and i have been hoarding our Chase Ultimate Rewards points and as such we have about 550-600,000 between the two of us. issue is, i don't think we have any time for any large trips in the near future and we're worried about point devaluation and such. i'd love t...
by gvsucavie03
Mon May 13, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

hey all, could use some advice. wife and i have been hoarding our Chase Ultimate Rewards points and as such we have about 550-600,000 between the two of us. issue is, i don't think we have any time for any large trips in the near future and we're worried about point devaluation and such. i'd love t...
by gvsucavie03
Sun May 12, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

Credit card funding for opening a checking account can churn up a lot of rewards. Some banks allow $1,000 or more. Make sure you have your cash advance limit set as low as possible first (preferably zero). I just opened accounts for my wife and I at Citizens Bank for the $600 bonus and scarfed up $...
by gvsucavie03
Sun May 12, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

Credit card funding for opening a checking account can churn up a lot of rewards. Some banks allow $1,000 or more. Make sure you have your cash advance limit set as low as possible first (preferably zero). I just opened accounts for my wife and I at Citizens Bank for the $600 bonus and scarfed up $4...
by gvsucavie03
Sun Mar 17, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

Chase issues 1099's without fail for me. Doesn't stop me from getting the bonuses.
by gvsucavie03
Sun Mar 10, 2019 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

Yep. They pulled that stunt with me too, after I applied for a similar offer recently. I was quite angry after that occurred. After I receive my bonus from this, the account will be promptly closed. IIRC You might have to keep it open for 6 months after the bonus. I got the $400 bonus (I opened the...
by gvsucavie03
Sun Mar 10, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

I'm getting a similar bonus. Be aware though, that Chase will likely want to make a 3-way phone call with your funding institution so they can confirm the details of your $15k transfer. The website will not tell you this is going to happen. You will get normal messaging after trial deposits are con...
by gvsucavie03
Sun Mar 10, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

So, you have to park $15k for 90 days in savings and keep the account for at least 6 months? I could pull most of the money out after 90 days, if I read this right. I don't see where the savings account would be earning much interest. The extra $300 bonus you get for the savings would be better tha...
by gvsucavie03
Sun Mar 10, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

https://www.doctorofcredit.com/chase-600-checking-savings-bonus/ I was trying to do this for my wife. But part way through the application, we get a message: "It looks like you've missed some required information. Please try again" All the information on the page is correct, and there is nowhere el...
by gvsucavie03
Sat Mar 09, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922863

Re: U.S. stocks in free fall

It's interesting to go through these old posts and see the same fears and doubts and complaints over politics etc. that you see today. Also of note that some posts were referring to the "bear market" in mid 2011. For perspective, since this thread began August 8, 2011 total return of Vanguard Total...
by gvsucavie03
Sat Mar 09, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

https://www.doctorofcredit.com/chase-600-checking-savings-bonus/ I was trying to do this for my wife. But part way through the application, we get a message: "It looks like you've missed some required information. Please try again" All the information on the page is correct, and there is nowhere el...
by gvsucavie03
Sat Mar 09, 2019 3:13 am
Forum: Personal Finance (Not Investing)
Topic: Chase $600 bank bonus deal
Replies: 41
Views: 5884

Re: Chase $600 bank bonus deal

https://www.doctorofcredit.com/chase-600-checking-savings-bonus/ I was trying to do this for my wife. But part way through the application, we get a message: "It looks like you've missed some required information. Please try again" All the information on the page is correct, and there is nowhere el...
by gvsucavie03
Wed Mar 06, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Best Checking Account?
Replies: 50
Views: 4671

Re: Best Checking Account?

Why do you folks need to deposit cash as must have? I have been with online only bank from 1996 (first 'sfnb', subsequently 'firstib') and never had a need to go brick and mortar. My wife keeps $500 in local credit union but we have not been there like for 10 years when kids needed to deposit coins...
by gvsucavie03
Mon Mar 04, 2019 5:38 pm
Forum: Personal Consumer Issues
Topic: Advice on Grand Pianos?
Replies: 57
Views: 3121

Re: Advice on Grand Pianos?

My father was a piano player and had bought himself a nice Yamaha grand piano for $25,000+. He passed away and I had to sell the piano. It was in great shape perhaps 4-5 years old. What I found is that the demand for pianos has dropped significantly. We called the dealer he bought it from and he cl...
by gvsucavie03
Mon Mar 04, 2019 5:37 pm
Forum: Personal Consumer Issues
Topic: Advice on Grand Pianos?
Replies: 57
Views: 3121

Re: Advice on Grand Pianos?

Just a quick response to some people above who are “it has to be grand, uprights are no substitute” type of people. It is highly unlikely your children will ever outgrow a good upright piano. In fact there are plenty of concert pianists who could never afford a quality grand piano and learned to pl...
by gvsucavie03
Sat Mar 02, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Advice on Grand Pianos?
Replies: 57
Views: 3121

Re: Advice on Grand Pianos?

My daughter has a free upright that sounds ok and works fine. Again, there's almost no resale market for pianos, so there are free or dirt-cheap instruments everywhere.
by gvsucavie03
Sat Mar 02, 2019 5:55 pm
Forum: Personal Consumer Issues
Topic: Advice on Grand Pianos?
Replies: 57
Views: 3121

Re: Advice on Grand Pianos?

Yamaha baby grand. Also, shop online... most folks will practically give theirs away if they don't want it.

-gvsucavie03 (band director)
by gvsucavie03
Thu Feb 21, 2019 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Side gig ideas with minimal requirements?
Replies: 124
Views: 9116

Re: Side gig ideas with minimal requirements?

My lucrative hobby is bank bonuses. About $5,500 last year. Another $2,500 in cc sign up bonuses. In the first 45 days of this calendar year I've made about $700. Nothing to sneeze at. Not making me rich either, just hitting some goals faster as you stated in your original post. Bank bonuses, broke...
by gvsucavie03
Thu Feb 21, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Side gig ideas with minimal requirements?
Replies: 124
Views: 9116

Re: Side gig ideas with minimal requirements?

My lucrative hobby is bank bonuses. About $5,500 last year. Another $2,500 in cc sign up bonuses. In the first 45 days of this calendar year I've made about $700. Nothing to sneeze at. Not making me rich either, just hitting some goals faster as you stated in your original post.
by gvsucavie03
Tue Feb 12, 2019 6:32 pm
Forum: Personal Consumer Issues
Topic: Best ways to provide STRUCTURE to retired life
Replies: 71
Views: 5690

Re: Best ways to provide STRUCTURE to retired life

I'm a band director and the guy who taught before me is almost busier now in retirement than he was as a teacher. He writes music, arranges, teaches, judges/clinics, and writes marching show music for several schools. He has commissioned works backed up a year or so. His son is a successful trumpet ...
by gvsucavie03
Sat Feb 09, 2019 12:08 pm
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 10998

Re: Money saving move you regret the most?

Buying cheap furniture. Should have gotten better items used or on clearance.
by gvsucavie03
Tue Feb 05, 2019 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you keep in checking?
Replies: 135
Views: 10760

Re: How much do you keep in checking?

Shop for checking accounts that offer 3-4% for balances of 15,000+. They are out there and they're great. There's just a few easy requirements per month.
by gvsucavie03
Mon Feb 04, 2019 7:47 am
Forum: Personal Investments
Topic: Why my FA is rushing me to get out of Matson, whom he suggested in 2014.
Replies: 22
Views: 3176

Re: Why my FA is rushing me to get out of Matson, whom he suggested in 2014.

My FA has contacted clients, myself included, with new paperwork getting us out of 'Matson Money', because I was told he is concerned with his fiduciary responsibilities to us, his clients. Does anyone know anything going on with Matson? I have my IRA invested and a close friend told me to nix the ...
by gvsucavie03
Mon Feb 04, 2019 7:42 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

My credit card strategy is to avoid using them. I've never heard a millionaire say, "Oh I got rich because of my cash back and my points!!" It's all a big scam to TAKE YOUR MONEY. I'm not saying they can't be used responsibly, but the "perks" are nothing but marketing ploys and will do nothing to i...
by gvsucavie03
Sun Feb 03, 2019 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

PSA: Sorry if this is a repeat... I don't read every post on this thread. Chase Sapphire Preferred is issuing offers through the online banking portal that supercedes the 5/24 rule . My understanding is you must have the offer in your online bank (not sure if email offers supercede as I was denied ...
by gvsucavie03
Sat Feb 02, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: How much do you keep in checking?
Replies: 135
Views: 10760

Re: How much do you keep in checking?

$8,000-10,000. 3% Max Checking through LMCU. Credit card monthly balance, annual budgeted savings and roughly half of my emergency fund stays in checking to take advantage of the monthly dividend. Between this and cc rewards for regular spending it's roughly $150/month.
by gvsucavie03
Thu Jan 31, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

PSA: Sorry if this is a repeat... I don't read every post on this thread. Chase Sapphire Preferred is issuing offers through the online banking portal that supercedes the 5/24 rule . My understanding is you must have the offer in your online bank (not sure if email offers supercede as I was denied i...
by gvsucavie03
Wed Jan 16, 2019 5:57 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 51561

Re: John Bogle is dead at 89

averagedude wrote:
Wed Jan 16, 2019 5:55 pm
If there is ever a Mount Rushmore for the greatest investors in history, John Bogle's head would be carved in the granite.
+1,000,000
by gvsucavie03
Sun Jan 13, 2019 8:53 am
Forum: Personal Investments
Topic: How to invest 5k monthly
Replies: 25
Views: 2679

Re: How to invest 5k monthly

It has been shown that DCA (dollar cost averaging) loses to lump sum investing. The sooner you invest, the better. Hi Rick, yes I've heard this.. is there a study that elaborate on this? I can imagine it may possibly affect dividend ex-dates etc. too so maybe better just stick to once a month (earl...
by gvsucavie03
Sun Jan 13, 2019 8:49 am
Forum: Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1265

Re: VTI to VTSAX... taxable event?

More perspective... I have a current total capital loss in VTI of 162.77 and I'm in the 12% tax bracket. Probably half of my shares I've held less than a year. One thing to consider: If you're in the 12% income tax bracket, you should also be in the 0% capital gains bracket, which means you might e...
by gvsucavie03
Sat Jan 12, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

While the discussion is primarily about how to get the best deal, I'd like to mention a strategy that may not be obvious. (I have one 2% cash back card - that's all I need.) I just started my very first Health savings account . The fund provider issued a debit card for the convenience of minimizing...
by gvsucavie03
Sat Jan 12, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3851
Views: 709109

Re: What's Your Credit Card Rewards Strategy?

While the discussion is primarily about how to get the best deal, I'd like to mention a strategy that may not be obvious. (I have one 2% cash back card - that's all I need.) I just started my very first Health savings account . The fund provider issued a debit card for the convenience of minimizing...
by gvsucavie03
Sat Jan 12, 2019 2:43 pm
Forum: Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1265

Re: VTI to VTSAX... taxable event?

More perspective... I have a current total capital loss in VTI of 162.77 and I'm in the 12% tax bracket. Probably half of my shares I've held less than a year.
by gvsucavie03
Sat Jan 12, 2019 2:35 pm
Forum: Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1265

Re: VTI to VTSAX... taxable event?

I'm not looking to TLH, there isn't much tax I'm liable for, so I'm not concerned about a wash sale. My understanding is that a wash sale simply means I can't claim the capital loss but there's no penalty, correct? Yes, partial shares under $150 are more convenient. I'm not wealthy by any means, so ...
by gvsucavie03
Sat Jan 12, 2019 1:38 pm
Forum: Personal Investments
Topic: VTI to VTSAX... taxable event?
Replies: 12
Views: 1265

VTI to VTSAX... taxable event?

I own shares of VTI in my taxable account. If I exchange to VTSAX, is this a taxable event (assuming there are some capital gains)? The reason for the change is the ability to purchase partial shares versus only being able to purchase whole shares of VTI. I don't really care for the ability to trade...
by gvsucavie03
Wed Jan 02, 2019 6:25 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11012
Views: 1922863

Re: U.S. stocks in free fall

Perhaps this is a stupid question... two days in a row futures are down after gains during the trading day. Why does the market start by swimming upstream like this?
by gvsucavie03
Wed Jan 02, 2019 8:37 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 712
Views: 119141

Re: High Earners - What's Your Profession?

Teacher :wink:

Sorry, interesting thread nonetheless.
by gvsucavie03
Sat Dec 29, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Nice jeans for work with lowest average cost of ownership
Replies: 107
Views: 7701

Re: Nice jeans for work with lowest average cost of ownership

I stopped following this thread. Did anybody sell their old jeans and use that in the calculation? How about deducting the donation of old jeans to charity on one's tax return? Make your jeans work for you. As someone who buys used jeans at Goodwill...Why not do both? Donate your jeans to charity a...
by gvsucavie03
Sat Dec 29, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: Nice jeans for work with lowest average cost of ownership
Replies: 107
Views: 7701

Re: Nice jeans for work with lowest average cost of ownership

Jeans seem to be one of those consumer products that folks are somehow inclined to grossly overpay for based on some emotional tie to brand or status. I'm currently wearing a $5 Goodwill find that I wear to school on Fridays with my spirit gear. My wife has a knack for bargain hunting, too so my "ni...
by gvsucavie03
Sat Dec 15, 2018 7:31 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 55
Views: 3771

Re: Adult Games / Board Games - Recommendations

gvsucavie03 wrote:
Sat Dec 15, 2018 7:26 pm
Another vote for Settlers of Catan and Jackbox TV. Cards Against Humanity is also pretty fun.
Specifically Quiplash mixed with alcohol... that's a fun night!
by gvsucavie03
Sat Dec 15, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 55
Views: 3771

Re: Adult Games / Board Games - Recommendations

Another vote for Settlers of Catan and Jackbox TV. Cards Against Humanity is also pretty fun.
by gvsucavie03
Sun Dec 09, 2018 7:18 pm
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12300

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

In the grand scheme of things, $20M is really not a lot. To a middle class individual it seems like a mint. What a ridiculous statement that unfortunately colors the credibility of anything else said. It's a huge responsibility, that was my point. $20M is nothing if you squander it in 5 years.
by gvsucavie03
Sat Dec 08, 2018 9:54 pm
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12300

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

In the grand scheme of things, $20M is really not a lot. Your scheme must be a lot grander than mine. Or that of anyone I know. Or anyone they know. To a middle class individual it seems like a mint. Oh, got it. Again, the main point was that it can be $20, $20k or $20M and it can be squandered if ...
by gvsucavie03
Sat Dec 08, 2018 9:26 am
Forum: Personal Investments
Topic: 20M Inheritance - What is best option for small/no risk on principal?
Replies: 93
Views: 12300

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

Nate79 wrote:
Sat Dec 08, 2018 9:13 am
Only on BH would someone say $20M is not a lot. It would put someone well into the 99.5+% percentile of net worth in the US.
How many lotto winners squander their winnings in the blink of an eye? $20M can be a blessing or a huge regret.
by gvsucavie03
Sat Dec 08, 2018 8:41 am
Forum: Personal Investments
Topic: options to cover next 10 years before SS
Replies: 49
Views: 4082

Re: options to cover next 10 years before SS

I really don't think it's a great idea to burn 11.5% per year and expect the rest to go perfectly as planned. This is dumber than the Dave Ramsey 8% WR notion. There is no guarantee that any investment will make a real return after 10 years which is the assumption being made here.