Search found 108 matches

by hale2
Mon Dec 11, 2017 6:04 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 253
Views: 44161

Re: USAA 2.5% Cash Back Credit Card

Thanks for the heads up on the Penfed 2% card. I was thinking about Citi Doublecash, but I think I'd prefer the credit union (Penfed). The nice thing about the Citi doublecash card is the generous price protection program. That's paid me out probably $700 this year and I only recently started using...
by hale2
Mon Dec 11, 2017 1:59 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 685
Views: 115194

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

I used this last year. I applied under the link so they had the code. I was later asked again for the code. I guess they wanted to make sure I didn't stumble onto the link with the $1k bonus. I gave them in the info again and received the bonus. I recommend you keep a screen shot of the offer in cas...
by hale2
Mon Dec 11, 2017 10:24 am
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 34
Views: 3935

Re: Vanguard Investment Advice

I think we have discovered that the actual recommendation is to hold total US and ex-US stock and bond index funds. The breakout by size and duration is simply how those funds distribute and is not a calculation of what to hold by asset sub classes. The whole thing seems confusing and disingenuous....
by hale2
Sun Dec 10, 2017 10:21 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2604

Re: Espresso Machine suggestions?

I've developed a bit of an addiction to lattes. I'm pretty frugal in most other areas so I don't mind buying a few every week for myself and DW. What I do mind is the time it takes to drive to the other side of town to get a decent one. I was thinking of trying to make my own in house so I don't ha...
by hale2
Sun Dec 10, 2017 4:18 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2604

Re: Espresso Machine suggestions?

I've developed a bit of an addiction to lattes. I'm pretty frugal in most other areas so I don't mind buying a few every week for myself and DW. What I do mind is the time it takes to drive to the other side of town to get a decent one. I was thinking of trying to make my own in house so I don't ha...
by hale2
Sat Dec 09, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Espresso Machine suggestions?
Replies: 41
Views: 2604

Re: Espresso Machine suggestions?

Gaggia Classic. Reasonable price, simple to use & works like a dream. I use distilled water only so I never have to descale it. +1. I've had mine for over 5 years and love it. Still works well. You can get one for under $400. Like others have said, it's more important to spend the money on the grin...
by hale2
Fri Dec 08, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5762

Re: Mortgage as percentage of take-home pay

hale2, << purchasing something well within your means is different .>> In order for this phrase to be meaningful, what do you mean by this? Let's put a number on this. The common number used by my "House Poor" peers are 3 times their gross household income. They believed that they are purchasing wi...
by hale2
Fri Dec 08, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5762

Re: Mortgage as percentage of take-home pay

Klang, It doesn't need to be all or nothing. I know you know plenty of people who got in over their head with the price they paid for a property, so do I. And like you, some of those people lost it. That doesn't mean you need to wait until you have all of the cash before buying. People need to have...
by hale2
Fri Dec 08, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5762

Re: Mortgage as percentage of take-home pay

Klang, It doesn't need to be all or nothing. I know you know plenty of people who got in over their head with the price they paid for a property, so do I. And like you, some of those people lost it. That doesn't mean you need to wait until you have all of the cash before buying. People need to have...
by hale2
Fri Dec 08, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5762

Re: Mortgage as percentage of take-home pay

Isn't paying down a mortgage considered saving once you exclude the interest paid since that doesn't increase your ownership percentage of the house? nickjoy, How does that help you financially until it is totally paid off? It does not. Let's assume that you have a 400K house, 300K mortgage, and 10...
by hale2
Thu Nov 30, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Anyone use 1 LLC for multiple income properties?
Replies: 8
Views: 881

Re: Anyone use 1 LLC for multiple income properties?

We had multiple properties in LLCs, which cost us less than $100/yr. However, after relocating to CA we would have had to pay $800/yr for each LLC. At that point we closed the LLCs. We increased our umbrella coverage and made sure the properties were covered under that policy. It was more cost effec...
by hale2
Mon Nov 27, 2017 8:08 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 244
Views: 34268

Re: Roll Call for the Retirement Class of 2016!

The Official Roll Call for the Retirement Class of 2016 will be published after later :mrgreen: in case any other late-comers arrive. I'm gonna belatedly join this class, not 2017. You're on the list! Let us know the date, and your age, if you choose. I retired in Oct 2016 and started working towar...
by hale2
Sat Nov 25, 2017 8:25 pm
Forum: Personal Consumer Issues
Topic: Any BLACK FRIDAY deals for Bogleheads?
Replies: 51
Views: 6913

Re: Any BLACK FRIDAY deals for Bogleheads?

Upgraded the family's 4 iPhone 5s to the 8. Costco had them for $275 off. Ended up being cheaper than getting the 7. Really? Wish I would have seen this but I didn't see any iPhones on sale at my Costco. I had looked at their deals earlier in the week but just happened to check again Friday morning...
by hale2
Sat Nov 25, 2017 8:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2016!
Replies: 244
Views: 34268

Re: Roll Call for the Retirement Class of 2016!

I'm gonna belatedly join this class, not 2017. I retired from the federal government in August 2016 with the intention of returning to school and developing a post-retirement career. As my retirement income stream clarified, my wife and I looked at each other and said "what post-retirement career? ...
by hale2
Fri Nov 24, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: Any BLACK FRIDAY deals for Bogleheads?
Replies: 51
Views: 6913

Re: Any BLACK FRIDAY deals for Bogleheads?

Upgraded the family's 4 iPhone 5s to the 8. Costco had them for $275 off. Ended up being cheaper than getting the 7.
by hale2
Tue Nov 14, 2017 5:49 pm
Forum: Personal Consumer Issues
Topic: Selling my house in Miami, is it smart decision?
Replies: 16
Views: 2017

Re: Selling my house in Miami, is it smart decision?

aaronl wrote:
Mon Nov 13, 2017 10:53 pm
Owning a house long-term in Miami does not sound like a good idea to me.
Why? Just curious.
by hale2
Wed Nov 08, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 83
Views: 26571

Re: If I Knew Then What I Know Now

Michael LeBouef's address to the students is filled with excellent advice. However, I am sorry he began by selling his advice as the opportunity to treat every day like Saturday beginning at age 50. My wife and I did save almost half of our income and we were financially independent by age 50, with...
by hale2
Mon Nov 06, 2017 5:55 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 5739

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

I had to block the phone number, they were calling so much. I don't understand why my $10K of VSS is such an important voting block. I also blocked the number and they started calling from a different number. I have never been barraged by proxy voting from other institutions or companies like this.
by hale2
Sat Nov 04, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: 36k Career Starter Loan
Replies: 30
Views: 1532

Re: 36k Career Starter Loan

What's the repayment term of the loan? When does repayment start? What are the other fees associated with it? If those other questions check out, it sounds like a great deal. You would be taking risk, of course, but likely worth it. If you are working some just to make ends meet or for a little ext...
by hale2
Fri Nov 03, 2017 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard or Merrill Lynch
Replies: 20
Views: 1839

Re: Vanguard or Merrill Lynch

You can self-manage at Merril Lynch and just buy Vanguard Index Funds/ETFs, that's what I do. The benefits to having that money in ML are worth it to me. I think you are referring to Merrill Edge, not the Merrill Lynch division where he is paying management fees. I agree that Merrill Edge would be ...
by hale2
Sat Oct 28, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 253
Views: 44161

Re: USAA 2.5% Cash Back Credit Card

I gave up waiting and picked up the BofA travel rewards. I'd rather have 2.5% cash back but it's not hard to have charges that are approved travel expenses to get 2.625% back on the BofA card.
by hale2
Wed Oct 18, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe:Better To Face The Correction
Replies: 51
Views: 6785

Re: Larry Swedroe:Better To Face The Correction

Nonsense - when the oil market was tanking about two years ago, oils sold off like they were going out of business +1 Same for emerging markets (ok, these are expected to be more volatile). The catch is that when there's a crash in the making, it's not that the market crashes just because. There's ...
by hale2
Tue Oct 17, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7458

Re: Vanguard expects "decent sized correction" soon

In an interview on BBC Radio 4’s Today program, McNabb said while he wouldn’t call it “bubble territory,” valuations seem “very high.” I'd like to hear more about it at the BH visit to Vanguard on Thursday. In the mean time, I have changed the asset allocation of my grandchildren's 529 plans from 8...
by hale2
Sun Oct 15, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423063

Re: What's Your Credit Card Rewards Strategy?

... I have a card similar to spammagnet's wife's. It's a Chase card, one of my oldest cards, and I have not used it for several years. I have been assuming that Chase would give me an advanced warning before closing it. ... I should add that, not only was there no warning, there was no recourse. Th...
by hale2
Sun Oct 15, 2017 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Little as possible for govt
Replies: 9
Views: 1429

Re: Little as possible for govt

At such a wealth level, the OP's family needs a lot more than tax advice. They need to seek expert advice on asset protection and estate/legacy planning. Agreed. I just mentioned the CPA because this was his most urgent issue. If this individual has not yet been willing to engage a CPA, I don't thi...
by hale2
Sun Oct 15, 2017 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Little as possible for govt
Replies: 9
Views: 1429

Re: Little as possible for govt

If you really have as much money as you say you do, then you shouldn't hesitate to pay for a CPA to give you advice for your situation.
by hale2
Sat Oct 14, 2017 1:56 pm
Forum: Investing - Theory, News & General
Topic: About Vanguard advisors: opinions, thoughts?
Replies: 78
Views: 8545

Re: About Vanguard advisors: opinions, thoughts?

If you or a spouse need a financial advisor, my view is that you could do a lot worse than Vanguard. I suspect that most members on this forum do not believe they need a financial advisor. I have told my spouse that should something happen to me prematurely, she should engage Vanguard. You could de...
by hale2
Sat Oct 14, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for paid fiduciary retirement planning help
Replies: 3
Views: 321

Re: Looking for paid fiduciary retirement planning help

8-10 hours is about right for a full plan. However, it sounds like you don't want a full plan but someone to review what you have done on your own and identify things that you missed or need to adjust. A full plan is probably a good idea as you approach retirement but you need to decide if it's wort...
by hale2
Wed Oct 11, 2017 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423063

Re: What's Your Credit Card Rewards Strategy?

https://thepointsguy.com/2017/09/new-no-fee-united-card/ Other benefits of the United TravelBank Card include 25% back as a statement credit on food and beverage purchases on board United flights, auto rental coverage and trip cancellation/interruption insurance. There are also no foreign transacti...
by hale2
Wed Oct 04, 2017 8:24 pm
Forum: Local Chapters and Bogleheads Community
Topic: Retirement Class of 1998 (Sheepdog's Experience)
Replies: 45
Views: 4546

Re: Retirement Class of 1998 (Sheepdog's Experience)

Sheepdog,

Thank you for this outstanding post. I will reread this on occasion, like I do your post on how you handled things during the Great Recession. As I approach full retirement, both of your posts have been very helpful in developing my own plan.
by hale2
Tue Oct 03, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5705

Re: Do you foresee a drop in housing prices in the next 5 years

I expect housing prices to be local but in aggregate, at the national level, I expect slow and steady gains for the foreseeable future. The millennial generation is huge and more and more of them will eventually want to own property. bigred77, But, they do not like existing house design and locatio...
by hale2
Tue Oct 03, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Do you foresee a drop in housing prices in the next 5 years
Replies: 53
Views: 5705

Re: Do you foresee a drop in housing prices in the next 5 years

Try to ignore the mocking (which has become way too prevalent over the last couple of years) and read Sandtrap's response. He is a real estate expert and provided an excellent, informed response. I always pay close attention when he responds to a real estate question.
by hale2
Thu Sep 28, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Using Verizon phones on T Mobile
Replies: 5
Views: 691

Re: Using Verizon phones on T Mobile

We switched from Verizon to T Mobile about 6 months ago. We had 3 iPhone 5s and one 6, all originally from Verizon. All work fine on T Mobile. It was just a matter of switching SIM cards. Overall we're happy despite less robust coverage than Verizon.
by hale2
Tue Sep 19, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Getting over emotional attachment to house
Replies: 70
Views: 6333

Re: Getting over emotional attachment to house

It sounds like you are trying to convince yourself that you want to live in Indian Wells instead of staying in Malibu. You have 10 years to decide where you really want to spend the majority of your time each year. My guess from reading your comments is overall you currently prefer Malibu. 10 years ...
by hale2
Tue Sep 19, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423063

Re: What's Your Credit Card Rewards Strategy?

[/quote] I don't know about that. I just received a new Alaska card and have had 6 BofA cards in the last 18 months. I do know that if you already have an Alaska they will not give you a new one like they used to be willing to. You now need to cancel your current one and apply for a new one after a ...
by hale2
Mon Sep 18, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423063

Re: What's Your Credit Card Rewards Strategy?

Interesting news about Barclaycard Arrival +. https://www.doctorofcredit.com/is-barclay-denying-those-with-many-new-accounts-similar-to-524-contribute-data-points-here/ Arrival Plus used to be a great card....not so much anymore. I downgraded mine to the free version to keep my card history up and ...
by hale2
Sat Sep 16, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: US removing Kaspersky Antivirus from government computers
Replies: 38
Views: 3789

Re: US removing Kaspersky Antivirus from government computers

I respect those employees at Kaspersky who are genuinely working to stop malware and ensure the protection of all. I used Kaspersky in the early 2000s without any issues. The problem is that Russia is not a free society. It is controlled by Putin, and if the FSB asks Kaspersky to permit attack vect...
by hale2
Sun Sep 10, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces 4% rule podcast on Madfientist
Replies: 355
Views: 38506

Re: Michael Kitces 4% rule podcast on Madfientist

[/quote] What Longinvest is missing is that it's often NOT true that spending equals more happiness. Isn't the goal of life and retirement to be happy? For many, continuing to accumulate security and perhaps a legacy for adult kids/grandkids/heirs/charity adds to happiness. In fact, ramping up lifes...
by hale2
Fri Sep 08, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 9174

Re: For those planning early retirement....

One common mistake retirees make is moving to a low-cost, low-tax area where there is nothing to do and any entertainment requires a long drive. Upon retirement, I moved to the immediate vicinity of Washington, D.C. Here, I have access to enough free events to keep me entertained around the clock. ...
by hale2
Wed Sep 06, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: beginning real estate investing resources
Replies: 6
Views: 659

Re: beginning real estate investing resources

Find a real estate investment club in your area. You can learn a lot from experienced investors, especially those within the market you plan to invest in.
by hale2
Sat Aug 26, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Major career decision.. offer on table. Huge relocation decision.
Replies: 29
Views: 3356

Re: Major career decision.. offer on table. Huge relocation decision.

You aren't talking much about the actual job. Federal law enforcement encompasses a variety of positions, and is not a typical govt job. You need to make sure you actually want to do the job you are being offered. If you don't like it, you'll be miserable.
by hale2
Thu Aug 17, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Xmas bonus for Honorably discharged veterans
Replies: 11
Views: 2288

Re: Xmas bonus for Honorably discharged veterans

I'm a military retiree. My experience is that military exchanges are not the deals the once were. WalMart, Target, etc. are very competitive with them on many items. Of course you can still save on some items and there is no sales tax, a particular benefit for bigger ticket items. Not trying to rai...
by hale2
Wed Aug 16, 2017 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Due to 8 Year Bull Market, Pay Off Rental Now?
Replies: 35
Views: 4081

Re: Due to 8 Year Bull Market, Pay Off Rental Now?

If you're more comfortable without the mortgage then pay it off. You'll only know in retrospect if it was best to pay it off or invest in the market. I paid off a property in early 2007 for similar reasons. Worked out great due to the soon to occur market crash. Did the same thing in 2015. This time...
by hale2
Sat Aug 12, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Career Decision - HCOL area vs. LCOL area
Replies: 13
Views: 1643

Re: Career Decision - HCOL area vs. LCOL area

In the vast majority of agencies, you have very limited promotion potential or assignment variety if you are outside of DC. That said, if you are okay with that you will be much better off financially to leave DC for a LCOL location. Your locality pay will drop but it won't be reduced enough to lowe...
by hale2
Fri Aug 04, 2017 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Deciding between retirement and general savings in my 20s
Replies: 28
Views: 3086

Re: Deciding between retirement and general savings in my 20s

KlangFool wrote: ]Fredfig, I am an engineer. My in-laws are in finance. So, I have no idea what you meant by job security in both areas. Period of unemployment lasting more than 1 year is common. Plus, many of my peers in the 40s and 50s are permanently unemployed or under-employed. KlangFool All I...
by hale2
Thu Aug 03, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: does solar increase the value of a house
Replies: 61
Views: 5940

Re: does solar increase the value of a house

I guess if you live close enough to the water that your house will be uninhabitable in 2-3 decades from rising sea levels, then you're rich enough that whether or not solar panels increase the value of a house isn't important (which was the original topic of the post).
by hale2
Thu Aug 03, 2017 2:59 pm
Forum: Investing - Help with Personal Investments
Topic: My wife is getting ready to retire from thr Federal Government.
Replies: 30
Views: 3175

Re: My wife is getting ready to retire from thr Federal Government.

Stay away! It sounds like an Equity Index Annuity. Companies like this prey on people about to retire. This company is one that focuses on retiring feds. Just figure out what additional income you need in addition to your pensions and social security. Then come back and post with a question asking h...
by hale2
Mon Jul 31, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advisor/Retirement Planning - Conventional Wisdom?
Replies: 16
Views: 1784

Re: Financial Advisor/Retirement Planning - Conventional Wisdom?

This the nature of forums :) hence why IMO, forums are but one source, not the only source. Are you a financial advisor or involved in the financial advisory business? Why would you ask that? He said he went to an advisor and his advice was different that what is usually seen here. Seems to me he i...
by hale2
Mon Jul 31, 2017 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 423063

Re: What's Your Credit Card Rewards Strategy?

If you fly to Hawaii from the west coast, you should consider getting the British Airways card. It's a chase card but isn't under 5/24. British Airways bases the required number of miles on distance. You can travel one way to HI from the west coast for 12.5k miles (25k round trip), on either Alaska ...
by hale2
Thu Jul 27, 2017 9:48 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 685
Views: 115194

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

While MEdge seems easiest and most fee-free of the "for-profit" brokerages, in the absence of bonuses I would be 100% at Vanguard with no hesitation. Not me for me. The Preferred Rewards program also gives me a 75% increase in BOA credit card rewards. That gives me 3.5% on groceries and 5.25% on ga...