Search found 1241 matches

by gvsucavie03
Fri Dec 15, 2017 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Hire CPA or file my own taxes?
Replies: 12
Views: 921

Re: Hire CPA or file my own taxes?

I assume you plan to rent at least part of the duplex. In that instance, I recommend hiring a CPA for this year only. A CPA can assure that you take advantage of legitimate deductions, property depreciation, expenses, etc. The hardest part of taxes is dealing with something new and complex like you...
by gvsucavie03
Fri Dec 15, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: Wow. Just Wow.
Replies: 29
Views: 4469

Re: Wow. Just Wow.

This was a major sticking point for changing our 403(b)... the PR with the vendors in our small town - EJ and another local that has grown considerably.

We did add Vanguard, but kept the commercial companies. The gravitational pull is very strong with corporate America.
by gvsucavie03
Tue Dec 05, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: [Three fund portfolio - Retirement income as the bond allocation?]
Replies: 13
Views: 1095

Re: [Three fund portfolio - Retirement income as the bond allocation?]

I am 100% in stocks and have been for several years. I haven't found 8% to be unreasonable. I want to stay ahead of MRD and inflation. I road out 2008 without bailing. If I went with the conventional wisdom and had 70% in bonds what could I expect as a return? https://personal.vanguard.com/us/insig...
by gvsucavie03
Tue Dec 05, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: [Three fund portfolio - Retirement income as the bond allocation?]
Replies: 13
Views: 1095

Re: [Three fund portfolio - Retirement income as the bond allocation?]

S.S. and other "guarantees" are not necessarily a guarantee. Neither is the stock market. I would not compartmentalize the income sources as risk-free. Stay diversified. I'd even consider TIPS.
by gvsucavie03
Mon Nov 27, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: Inheriting a large sum, slightly intimidated.
Replies: 51
Views: 5149

Re: Inheriting a large sum, slightly intimidated.

Congrats on the windfall, and yes, you are absolutely in the right place to ask what to do. Some good advice so far. I would not go 100% stock. You have no need to assume that much risk. You have a high statistical chance of blowing this money. Wait 6 months or a year. Do. Nothing. Now.... It's easy...
by gvsucavie03
Wed Nov 22, 2017 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can I deposit money into my HSA account, if I go on this PPO plan?
Replies: 3
Views: 534

Re: Can I deposit money into my HSA account, if I go on this PPO plan?

alpha423df wrote:
Wed Nov 22, 2017 5:45 pm
Oh. ok.. thanks for the clarification..

Didnt see that a high deductible plan also has to "cover nothing except preventive care until that deductible is met, and have an out-of-pocket maximum."

Then my plan is not qualified..

Some PPO's are HDHP's...
by gvsucavie03
Mon Nov 20, 2017 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Jags4186 wrote:
Mon Nov 20, 2017 9:07 pm
LEB1230 wrote:
Mon Nov 20, 2017 8:59 pm
Jags4186 wrote:
Mon Nov 20, 2017 4:29 pm
I certainly save more than Dave Ramsey recommends
What does he recommend?
15%
Until house is paid off
by gvsucavie03
Mon Nov 20, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Citation please? I'm not trying to be a jerk. I did some Googling and I could find a large number of studies showing that people buy more with plastic, but I didn't see any that seemed to break it down by "financial literacy". To be honest, from what I know about psychology and behavioral economics...
by gvsucavie03
Mon Nov 20, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

DR's audience are middle class and working class Americans who have little to no financial literacy. Among much of this group, research has indeed shown that people will spend more if using a credit card instead of hard cash simply because it's easier for them to see how much money they have and ar...
by gvsucavie03
Sun Nov 19, 2017 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

Thanks for the great responses so far. I enjoy hearing everyone's take on this. One thing I tell myself when trying to justify credit card use vs paying cash that goes above and beyond the rewards points argument is that since everyone is paying with credit cards these days, retailers are forced to...
by gvsucavie03
Sun Nov 19, 2017 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

A few months ago, Dave called index investors dummies for falling for the passive strategy. He said that if you can't find someone that can beat the market, you're doing it wrong and it's your own fault. He then proceeded to recommend one of his preferred providers. I found this offensive. I stoppe...
by gvsucavie03
Sun Nov 19, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

And we've gotten a couple thousand dollars this year in sign-up bonuses and rewards. It is a somewhat lucrative hobby (along with checking bonuses).
by gvsucavie03
Sun Nov 19, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

We don't make purchases based on the amount of money we have available--we make purchases based on what we need/want. I would lose money to not use my Citi double cash card, my Costco 3% back at restaurant card, and my AmEx Blue Cash preferred 6% at grocery stores card. That said, I don't think I'm...
by gvsucavie03
Sun Nov 19, 2017 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14055

Re: Dave Ramsey says don't use credit cards, even if you pay them off

randomizer wrote:
Sun Nov 19, 2017 5:38 pm
I'd spend much less if I couldn't use credit cards. How would I get anything online?
Debit card...
by gvsucavie03
Sun Oct 29, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Mutual Fund vs. ETF(Total Bond Fund)
Replies: 9
Views: 691

Re: Mutual Fund vs. ETF(Total Bond Fund)

If you have a Vanguard account... First, ETF or MF... it should be in a tax-deferred account. If it is in a tax-deferred account (likely for retirement), I then ask what is the point of bonds in a retirement account? If it is to off-set risk, etc., then I'd say that the mutual fund is effectively sa...
by gvsucavie03
Sun Oct 15, 2017 6:20 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422476

Re: What's Your Credit Card Rewards Strategy?

Why 6 cards and no more than 9?? Because once your number of credit cards hits the double digits, you've lost the simplicity. There's really no point to having 10 or more cards. You'd be a mile wide and an inch deep. A fixed amount of spending spread across too many cards would accumulate rewards m...
by gvsucavie03
Sat Oct 14, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422476

Re: What's Your Credit Card Rewards Strategy?

My credit card rewards strategy is pretty simple: — maintain a mix of cards that earn points, miles, flat-rate cash back, and category-based cash back — use a 2% flat-rate cash back card as the baseline — supplement the 2% card with cards that get 3% or better on travel, dining, gas, or groceries —...
by gvsucavie03
Fri Sep 29, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Re: Insurance question - family deductibles

Monthly premiums above hard cap set by the state... (our school district also prepays our deductible every year and we pay it back over 20 pays - only premium amount above hard cap is shown): Option 1: S 81 2P 267 FF 264 Option 2: S 22 2P 136 FF 102 Option 3: S -46 2P -17 FF -91 Per contract, if it ...
by gvsucavie03
Fri Sep 29, 2017 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Re: Insurance question - family deductibles

We have 3 menu choices.. 1300/2600, 0% co-insurance (current plan) same but with 20% co-insurance 3750/7500 with 20% co-insurance with maximums of 5500/11000. What is the extra risk amounts for plan 1 to plan 2, then plan 1 to plan 3? I know I save 1944 in premiums by using plan 2 instead, but I wa...
by gvsucavie03
Fri Sep 29, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Re: Insurance question - family deductibles

Our deductible is 1300/2600 for full family. It is my understanding is that (assuming in-network costs) one family member's deductible will not exceed 1300 and the full family is not to exceed 2600. I understand some expenses (Rx, additional chiro visits, etc.) may go above the deductible. What abo...
by gvsucavie03
Fri Sep 29, 2017 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Re: Insurance question - family deductibles

SimonJester wrote:
Fri Sep 29, 2017 8:54 am
If 3325/6650 for both your risk different between #1 and #2 is $810. 6650 - 2600 = $4050. 20% of 4050 = $810.
So risk $810 to save $1944 I would take that bet.
I don't think this is right... my max out of pocket is the deductible plus 20% until I've paid the max, not 20% of it....
by gvsucavie03
Thu Sep 28, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Re: Insurance question - family deductibles

We have 3 menu choices.. 1300/2600, 0% co-insurance (current plan) same but with 20% co-insurance 3750/7500 with 20% co-insurance with maximums of 5500/11000. What is the extra risk amounts for plan 1 to plan 2, then plan 1 to plan 3? I know I save 1944 in premiums by using plan 2 instead, but I wan...
by gvsucavie03
Thu Sep 28, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Re: Insurance question - family deductibles

... Wife has surgery... 50,000. We pay the 1300 deductible and co-insurance and max out at 3325. I get sick and have a 5000 expense. So then another 1300 plus co-insurance so another 3325 or 2025? Thanks Yes, that's how the family deductible works. If you have family member #3, that person wouldn't...
by gvsucavie03
Thu Sep 28, 2017 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance question - family deductibles
Replies: 12
Views: 833

Insurance question - family deductibles

Our deductible is 1350/2700 *updated per IRS reg* for full family. It is my understanding is that (assuming in-network costs) one family member's deductible will not exceed 1300 and the full family is not to exceed 2600. I understand some expenses (Rx, additional chiro visits, etc.) may go above the...
by gvsucavie03
Sun Sep 03, 2017 7:08 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 38484

Re: Michael Kitces 4% rule podcast on Madfientist

5% of current balance also passes the Retirement Calculator from Hell backtest. Basically, use common sense. In feast, you can withdraw more. In famine, less.
by gvsucavie03
Sun Sep 03, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: 2 or 3 W-$ allowances for MFJ, no kids, 1 spouse w/taxable earned income?
Replies: 16
Views: 1209

Re: 2 or 3 W-$ allowances for MFJ, no kids, 1 spouse w/taxable earned income?

I never use the W-4 worksheet. I just run my taxes at the current trajectory, especially at the start of a new school year, to see if adjustments need to be made. I went from 8 exemptions to 6 to finish 2017 due to larger wages starting in Sept plus a lot of taxable interest due to bank bonuses. irs...
by gvsucavie03
Sun Sep 03, 2017 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: How old were you when you got your first credit card?
Replies: 46
Views: 2276

Re: How old were you when you got your first credit card?

34, paid off student loans and we were saving to buy a house, the card helped strengthen our credit score/ history.

2 years and 5-6 cards later, still never late or paid a penny in interest. We've enjoyed quite a bit in signing bonuses and rewards.
by gvsucavie03
Tue Aug 22, 2017 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

From the link: "IF YOU DID NOT RECEIVE AN EMAIL OR MAIL PIECE DIRECTLY FROM CAPITAL ONE 360 WITH THE ABOVE CODE, YOU ARE INELIGIBLE FOR THIS BONUS OFFER." This is very important. I made the mistake of opening a Capital One 360 money market account, thinking I'd get the $200 bonus, but I didn't read...
by gvsucavie03
Sat Aug 19, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

I've found the data points on Doc's website to be (literally) very valuable. My wife doesn't have direct deposit, but she's gotten several thousand dollars in bonuses in the last 18 months.
by gvsucavie03
Sat Aug 19, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

Banks are changing all the time, many cracking down on bonus chasers, so as always, YMMV.
by gvsucavie03
Sat Aug 19, 2017 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

Here is a list of what types of transfers have been reported by end users as qualifying for Direct Deposit: http://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#Capital_One_360 What do all those numbers mean? Does that mean a simple bank transfer counts as direct d...
by gvsucavie03
Sat Aug 19, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

Schwab brokerage triggered both mine and my wife's.
by gvsucavie03
Sat Aug 19, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

I missed the $400 offer, but opened a Capital One 360 checking account in July based on the $300 offer. I have so far made ACH transfers for between $255 and $455 each of 2 x Paypal, 1 x BoA Checking, and 2 x Vanguard. Still no bonus. Following this thread, I was certain that the second Vanguard tr...
by gvsucavie03
Sat Aug 19, 2017 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

I'm super bitter that I use CapOne 360 as my main bank lol. They often have high sign up bonuses that are relatively easy to trigger, but I'm always excluded because I signed up years ago for maybe $100? Can't remember exactly what it was now. They are a pretty good bank overall, though. Cap One AC...
by gvsucavie03
Sun Aug 13, 2017 6:37 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7813

Re: Dave Ramsey spends two segments on his investing advice

I'll chime in before the advisory board shuts down this latest DR thread... Is Bogle or DR investing advice better... no one knows. 100% stocks till death is likely to have more $ in retirement than age in bonds or -10, -15, etc. You will lose a fortune in fees with the DR plan and also have much hi...
by gvsucavie03
Sun Aug 13, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7813

Re: Dave Ramsey spends two segments on his investing advice

It's always been my policy that if your net worth is below zero, listen to Dave Ramsey, and if it's above zero, listen to Bogleheads. Someone could have a house valued at $300,000 and $100,000 in credit card debt and they would have a net worth above zero, but I would still recommend that they list...
by gvsucavie03
Sun Aug 13, 2017 6:22 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7813

Re: Dave Ramsey spends two segments on his investing advice

Tamalak wrote:
Sun Aug 13, 2017 9:30 am
It's always been my policy that if your net worth is below zero, listen to Dave Ramsey, and if it's above zero, listen to Bogleheads.
Good one!
by gvsucavie03
Thu Aug 10, 2017 4:24 pm
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 77
Views: 8245

Re: Aug. 2017 US total eclipse hotel reservations.

Na, traffic may be somewhat heavier, but nothing detrimental. No need to worry.
by gvsucavie03
Thu Aug 10, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 77
Views: 8245

Re: Aug. 2017 US total eclipse hotel reservations.

Also, 2024 is supposed to be even better. I will be enjoying both. I'll be traveling for both. And in 2099 there'll be another total eclipse, passing right over my house grave. I won't have to travel for that one. :( Yup, I'll either watch from my rocker at age 118 or I'll have to miss that one...
by gvsucavie03
Tue Jul 25, 2017 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

This was a strange one for me. I opened this account with the promo code for me and my wife on 6/28 (not targeted; we are in CA). On 7/6, I made two $251 transfers to both accounts from my Ally account. On 7/9, I made two $251 transfer to both accounts from my CU account $400 was posted to my accou...
by gvsucavie03
Sat Jul 22, 2017 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

DireStraits wrote:Wish I'd seen this sooner. :(
300 one right now (and a 200 MMA if you have 10k to deposit by 7/31)
by gvsucavie03
Wed Jul 19, 2017 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

MikeZ wrote:Opened on 6/19.

$250 from Ally and $250 from my employer DD 6/30. No Bonus
Additional DD of $250 from employer on 7/14. No Bonus.

I never did activate my debit card.

I'm debating sending them a vague message asking.
Ally does not work for Capital One.
by gvsucavie03
Wed Jul 19, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 108
Views: 16654

Re: Capital One $400 bonus for new checking account

There is a 300 bonus right now. It does say you have to be a new customer (not just new checking account) and my wife did the 200 MMA bonus a month or so ago, so I'm giving it a try.
by gvsucavie03
Wed Jul 19, 2017 7:55 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1931
Views: 1185421

Re: The Three-Fund Portfolio

you need a small cap fund and an em fund Hi Kennyt7 - When an investor follows a strategy of total market index funds, one is essentially buying the haystack. All publicly traded companies are included. Vanguard provides just that: Total Stock and Bond funds for both U.S. and International at a ver...
by gvsucavie03
Tue Jul 18, 2017 9:24 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1931
Views: 1185421

Re: The Three-Fund Portfolio

you need a small cap fund and an em fund Hi Kennyt7 - When an investor follows a strategy of total market index funds, one is essentially buying the haystack. All publicly traded companies are included. Vanguard provides just that: Total Stock and Bond funds for both U.S. and International at a ver...
by gvsucavie03
Sat Jul 15, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 28718

Re: Capital One 360 $200 bonus

OP here. Capital One sweetened the deal by adding a $300 checking bonus. So if you haven't done this yet, you can potentially get $500. I am not eligible, but it's a good bonus for those who are eligible. http://www.doctorofcredit.com/capital-one-300-checking-200-money-market-bonus-available-nation...
by gvsucavie03
Fri Jul 14, 2017 7:28 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422476

Re: What's Your Credit Card Rewards Strategy?

Penfed 5% gas card is done. I got mine just before they discontinued it. Maybe get a few rotating category cards and the Costco card?

Citi Double Cash is my catch-all
Amex Blue Cash Preferred Grocery 6%.
Chase Freedom 5% grocery because we spend more than $6000 at the grocery store.
by gvsucavie03
Wed Jul 12, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus Master List
Replies: 29
Views: 4552

Re: Bank Bonus Master List

Check out http://www.hustlermoneyblog.com/best-bank-bonuses-deals/ This is a fairly comprehensive list. Doctor of Credit has fantastic data on how to satisfy direct deposit requirements if you don't have it at work. Worked for me a few times already. Over $5,500 in bank bonuses since April of last y...
by gvsucavie03
Wed Jul 12, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Bonus Master List
Replies: 29
Views: 4552

Re: Bank Bonus Master List

Delete
by gvsucavie03
Sun Jul 09, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus (and now $300 checking bonus)
Replies: 217
Views: 28718

Re: Capital One 360 $200 bonus

Funded my account on June 21st and still no bonus has been applied. May wait till 21 days (based off other's posts) until contacting their customer service. How lucky some of you guys were to have the bonus applied within a few days! My wife's was done just before the 6/30 cut-off and I haven't got...