Search found 4213 matches

by DaftInvestor
Wed Jan 23, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 87
Views: 6649

Re: Why doesn't a lot of money feel like a lot of money?

First time I had a really successful year and got a really good bonus my spouse convinced me I should spend some on myself to celebrate. We went out and bought a nice watch for me (I was always buying jewelry for Birthdays/Christmas for her anyway so she didn't want anything :) ). Wearing the watch...
by DaftInvestor
Wed Jan 23, 2019 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard?
Replies: 39
Views: 3232

Re: Vanguard?

Fidelity won the lost-cost war by dropping their key index funds expense ratios down to zero. Some speculate these funds won't be as tax efficient but only time will tell if that's true. The one thing we do know is that their expenses are the lowest out there. The way I see it, the one thing we kno...
by DaftInvestor
Wed Jan 23, 2019 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Why doesn't a lot of money feel like a lot of money?
Replies: 87
Views: 6649

Re: Why doesn't a lot of money feel like a lot of money?

First time I had a really successful year and got a really good bonus my spouse convinced me I should spend some on myself to celebrate. We went out and bought a nice watch for me (I was always buying jewelry for Birthdays/Christmas for her anyway so she didn't want anything :) ). Wearing the watch ...
by DaftInvestor
Wed Jan 23, 2019 3:03 pm
Forum: Personal Consumer Issues
Topic: Is it ever worth purchasing an extended warranty for a vehicle?
Replies: 85
Views: 4101

Re: Is it ever worth purchasing an extended warranty for a vehicle?

I buy Toyotas, Hondas, and Subarus - been doing so for 30 yeas and I've never bought an extended warranty and have never regretted it (since the need was never there - any money spent would have been wasted). I have an emergency account in case the need arises and something does go wrong - don't nee...
by DaftInvestor
Wed Jan 23, 2019 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard?
Replies: 39
Views: 3232

Re: Vanguard?

Fidelity won the lost-cost war by dropping their key index funds expense ratios down to zero. Some speculate these funds won't be as tax efficient but only time will tell if that's true. The one thing we do know is that their expenses are the lowest out there. The zero-ER funds are a gimmick. The d...
by DaftInvestor
Wed Jan 23, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets not funding a 529?
Replies: 26
Views: 3008

Re: Any regrets not funding a 529?

I was on the fence but plunged in - 20+ years ago. If I hadn't used 529s I would be paying thousand in taxes over an 8-10 year withdraw period on the 24 years of growth I've had in these accounts. With all the taxes paid from any taxable accounts it feels great to be able to pull money out of these ...
by DaftInvestor
Wed Jan 23, 2019 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard?
Replies: 39
Views: 3232

Re: Vanguard?

Fidelity won the lost-cost war by dropping their key index funds expense ratios down to zero. Some speculate these funds won't be as tax efficient but only time will tell if that's true. The one thing we do know is that their expenses are the lowest out there.
by DaftInvestor
Wed Jan 23, 2019 10:28 am
Forum: Personal Consumer Issues
Topic: External Hard Drive?
Replies: 36
Views: 1597

Re: External Hard Drive?

I too - would go with an external standard USB 3.0 Hard-drive if your storage needs are large. If only documents get a flash drive (If its too small and you are afraid you will lose it you can put it on a keychain that is attached to a large stuffed animal or something - spending extra money simply ...
by DaftInvestor
Mon Jan 21, 2019 12:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 556
Views: 60931

Re: U.S. stocks continue to soar!

Major indexes up over 1% so far today...and yet I see folks are updating the free-fall thread instead of this one :) Huh? Market closed for the holiday (MLK Jr. day). Maybe you're looking at stale price from Friday? Futures are trading, and down... https://www.investing.com/indices/indices-futures ...
by DaftInvestor
Mon Jan 21, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 556
Views: 60931

Re: U.S. stocks continue to soar!

(removed)
by DaftInvestor
Fri Jan 18, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Apparently, people were quick to withdraw their balances out of Ally once Jan 15 came, and Ally obliged and raised the rate from 2.00% to 2.20%. Capitalism and market efficiency at work in the age of internet and click-away transfers! First, as far as I'm concerned, 2.5% is the new 2.0%, so 2.2% do...
by DaftInvestor
Fri Jan 18, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Checked my SPAM folder - only thing in there was a notification that "Gorgeous Women are waiting for you" and of course my free Amazon gift card How the heck do they know that you prefer women, and Amazon? Maybe they will put the two together and state "Woman of the Amazon" next time. Today's SPAM ...
by DaftInvestor
Fri Jan 18, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: How to clean DSLR camera lens?
Replies: 9
Views: 533

Re: How to clean DSLR camera lens?

- My lenses rarely get too dirty because I have a high-qualify UV Filter/protector on each (in some cases, a circular-polarizer). What I am usually cleaning is the protective filter. - I always start with a blower to remove any lose dirt, I then use liquid and cloth or pre-moistened thereafter. You ...
by DaftInvestor
Wed Jan 16, 2019 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I think the emails are sent out in batches. I received mine just 2 minutes ago. okay - thanks - waiting with baited breadth :) [Checked my SPAM folder - only thing in there was a notification that "Gorgeous Women are waiting for you" and of course my free Amazon gift card] Just got the email - all ...
by DaftInvestor
Wed Jan 16, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

indexfundfan wrote:
Wed Jan 16, 2019 4:10 pm
I think the emails are sent out in batches. I received mine just 2 minutes ago.
okay - thanks - waiting with baited breadth :) [Checked my SPAM folder - only thing in there was a notification that "Gorgeous Women are waiting for you" and of course my free Amazon gift card]
by DaftInvestor
Wed Jan 16, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I got an email a while back telling me how much I would be eligible for - but nothing yesterday nor today....
by DaftInvestor
Wed Jan 16, 2019 3:35 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

The following is not directed at any BH. This is a general observation and WAG. Seeing so many corporate apologists on the internet I wouldn't be surprised if companies hire internet trolls to manipulate public opinion. They might write things like "an 10% increase is small, only pennies a day" and...
by DaftInvestor
Wed Jan 16, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3922

Re: Any good reason to get a smartwatch?

The older I get (I'm 35) the more I am confused by popular products. A good example is the increasing popularity of Alexa and similar devices, which companies are practically giving away because they want access to people's household conversations and habits, though the only benefit they provide th...
by DaftInvestor
Wed Jan 16, 2019 2:10 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

I said "all bogleheads" are investors in NetFlix. I guess I would venture to say you aren't really currently a boglehead then :) Bogleheads = Investing Advice Inspired by Jack Bogle = Holding total market or at least S&P500; and S&P500 includes NetFlix. Unless I missed the Bogle book where he chang...
by DaftInvestor
Wed Jan 16, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

As investors in NetFlix (which all Bogleheads are) To the best of my knowledge, at the moment, none of our mutual funds or ETFs own Netflix. That will change next week when I finally start adding a tiny bit to a Fidelity S&P 500 fund in my 401(k). Our current U.S. holdings: VFMFX (Vanguard US Multi...
by DaftInvestor
Wed Jan 16, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

Cable company makes tons of money charging folks like my Grandmother $250 a month. They increase by $5 a month and she barely notices - just accepts it as what has to be. Cable company has historically been flush with tons of cash. NetFlix charges less than what it pays for content - pours $13B int...
by DaftInvestor
Wed Jan 16, 2019 12:30 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

Cable company makes tons of money charging folks like my Grandmother $250 a month. They increase by $5 a month and she barely notices - just accepts it as what has to be. Cable company has historically been flush with tons of cash. NetFlix charges less than what it pays for content - pours $13B into...
by DaftInvestor
Wed Jan 16, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

NetFlix might not be worth it to you but you made the same statement about Venmo - their transaction fee is very tiny compared to the competition - they raise to get closer - and you are outraged. Venmo is quite expensive compared to the free Zelle I can use with lots of banks. Its instant and free...
by DaftInvestor
Wed Jan 16, 2019 11:57 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

They spent something like $13B in content last year and plan to spend more this year. The money has to come from somewhere. Last I looked they still had a negative cash flow (so its not like they are ripping off the folks who think this increase is outrageous). As investors in NetFlix (which all Bo...
by DaftInvestor
Wed Jan 16, 2019 11:51 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

They could change the price to $40 a month and I’d continue to subscribe. I’d be shocked if they had more than 1% churn as a result of this. Who in the hell cares about $1 to $2 a month? For me its always about the percentage value and 18% is a lot. I don't care if its cents or dollar. But thats ju...
by DaftInvestor
Wed Jan 16, 2019 11:47 am
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 177
Views: 11027

Re: Are You Dumping Netflix?

They spent something like $13B in content last year and plan to spend more this year. The money has to come from somewhere. Last I looked they still had a negative cash flow (so its not like they are ripping off the folks who think this increase is outrageous). As investors in NetFlix (which all Bog...
by DaftInvestor
Wed Jan 16, 2019 11:35 am
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3922

Re: Any good reason to get a smartwatch?

(I know - you can talk verbally to smartphone too but you have to activate it first); You don't have to do anything manually with a phone, you just say either 'Siri' or 'Ok google' and then they can add items to your shopping list. Saying 'Alexa' is just another form of activation. And the phone is...
by DaftInvestor
Tue Jan 15, 2019 5:13 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3922

Re: Any good reason to get a smartwatch?

. Daftinvestor: Just a question. You text people in the same house rather than talking? I text my son DaftInvestor when I’m in my office upstairs and he’s in the garage working on something. I assume you just yell? I was actually commenting more on the "bananas to shopping list" comment that I also...
by DaftInvestor
Tue Jan 15, 2019 5:06 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3922

Re: Any good reason to get a smartwatch?

I didn't realize the new Apple Watch had an EKG (didn't research since I don't have a desire).
Now in addition to Apple having all your browsing, music, etc. habits in their data-lake they will also know all about your health. :shock:
by DaftInvestor
Tue Jan 15, 2019 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I - relooked at the Ally Deposit Account agreement and their are no maintenance fees mentioned nor account minimums (that I could find) so I assume it is okay to leave only $5 in an account with them tomorrow (or starting on 2/16 if you want to play it really safe)? I'm planning on keeping a Saving...
by DaftInvestor
Tue Jan 15, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 564
Views: 60346

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I - relooked at the Ally Deposit Account agreement and their are no maintenance fees mentioned nor account minimums (that I could find) so I assume it is okay to leave only $5 in an account with them tomorrow (or starting on 2/16 if you want to play it really safe)? I'm planning on keeping a Savings...
by DaftInvestor
Tue Jan 15, 2019 2:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 556
Views: 60931

Re: U.S. stocks continue to soar!

S&p futures are more than 12% off the lows in 14 trading sessions. That is huge move up. Indeed but also common in bear markets/corrections/recessions. We've mustered enough to get us back to mid December levels but are still trading under the 50 and 200d day moving averages Start dates of data poi...
by DaftInvestor
Tue Jan 15, 2019 2:49 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3922

Re: Any good reason to get a smartwatch?

quantAndHold wrote:
Tue Jan 15, 2019 2:30 pm
We use Alexa to add bananas to the shopping list and set timers. And as an intercom between rooms. It saves us from having to pull out our phones and text each other.
Dad? :)
by DaftInvestor
Tue Jan 15, 2019 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed myself on salary negotiations, how do I get past this?
Replies: 25
Views: 2594

Re: Screwed myself on salary negotiations, how do I get past this?

If you are willing to walk away from it - you could just tell them you got a counter-offer from another company (numbers came in late or something) and ask them to match it. I suppose you could do this anyway - worse they can say is no. I think that would be bad form, the OP already agreed to accep...
by DaftInvestor
Tue Jan 15, 2019 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Annual Check-in
Replies: 4
Views: 641

Re: Annual Check-in

^Read the "Long vs Short" section here:
https://www.bogleheads.org/wiki/Bond_basics
by DaftInvestor
Tue Jan 15, 2019 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Annual Check-in
Replies: 4
Views: 641

Re: Annual Check-in

Why did you go with Long Term Treasure (VGLT) versus Vanguard Total Bond (VBMFX) or something intermediate (like VBILX)?
by DaftInvestor
Tue Jan 15, 2019 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed myself on salary negotiations, how do I get past this?
Replies: 25
Views: 2594

Re: Screwed myself on salary negotiations, how do I get past this?

If you aren't willing to walk away - I'd just take the offer that you said you'd be willing to take. If you are willing to walk away from it - you could just tell them you got a counter-offer from another company (numbers came in late or something) and ask them to match it. I suppose you could do th...
by DaftInvestor
Tue Jan 15, 2019 2:04 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 90
Views: 8797

Re: I Bond fixed rate = 0.5%

New year, new allowance. Like other people, I would love to know what the fixed rate will be in May. Is there a way with reasonable accuracy to predict what the fixed rate will be say 1 week before, and then make the decision to buy in end of April? Every time this question is asked there is a deba...
by DaftInvestor
Tue Jan 15, 2019 1:59 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 3922

Re: Any good reason to get a smartwatch?

I don't have nor like Alexa but surprisingly my aging parents (in their 80's) got one and love it. They use it because they don't like making entries on their smartphones (I know - you can talk verbally to smartphone too but you have to activate it first); they can say "Alexa: Add bananas to shoppin...
by DaftInvestor
Tue Jan 15, 2019 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: CIT savings builder account ?
Replies: 14
Views: 1008

Re: CIT savings builder account ?

Other online banks are pretty close (e.g. Marcus by Goldman Sachs is paying 2.25%) without all the strings attached and fewer bad reviews (they all have some negative reviews) and no issues with auto-rate adjustments over the years. Perhaps the 0.2% is worth it if you are going to open a new account...
by DaftInvestor
Tue Jan 15, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Amazon Rewards Visa -- predatory lending?
Replies: 38
Views: 4366

Re: Amazon Rewards Visa -- predatory lending?

The folks that carry a balance end up paying a lot of interest charges which is how the rest of us enjoy all the perks that come with the cards.
Morale of the story is to never carry a balance - ever. And certainly don't think about using the credit card for things like taking cash out.
by DaftInvestor
Mon Jan 14, 2019 4:38 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9769

Re: Disciplined with finances, but not so with diet

livesoft wrote:
Mon Jan 14, 2019 4:35 pm
DaftInvestor wrote:
Mon Jan 14, 2019 4:10 pm
What if he works from home? My commute to my home office is only about 30 steps.
Since you don't commute, you could ride a bike 20 miles before starting work. I used to do that when I had a job close to my home.
That takes discipline though.
by DaftInvestor
Mon Jan 14, 2019 4:37 pm
Forum: Personal Consumer Issues
Topic: Credit score dropped dramatically, while credit has been frozen
Replies: 36
Views: 2656

Re: Credit score dropped dramatically, while credit has been frozen

Even if you didn't close any accounts - check your yearly reports and see if any were closed on you (due to lack of activity). I have one card with a $45K Limit and assume if its closed it can make my credit-utilization rise enough that it could impact my score (so try to use it once yearly - not th...
by DaftInvestor
Mon Jan 14, 2019 4:28 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9769

Re: Disciplined with finances, but not so with diet

What if he works from home? My commute to my home office is only about 30 steps. Then my advice doesn't apply unless op is willing to get a new job. Its great that you don't need discipline because you bike to work every day. I know some folks that do it in the NorthEast (even on days when the weat...
by DaftInvestor
Mon Jan 14, 2019 4:16 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 40848

Re: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs

I don't see much point in arguing about it. As I said, I also think it's irrelevant because the law is on the side of the backdoor at this time, and Congress is making any move to change it. Okay - your the one that keeps bringing it up :) Just to be clear - I wasn't trying to argue the point - it ...
by DaftInvestor
Mon Jan 14, 2019 4:10 pm
Forum: Personal Consumer Issues
Topic: Disciplined with finances, but not so with diet
Replies: 217
Views: 9769

Re: Disciplined with finances, but not so with diet

This whole debate is crazy. Without the discipline none of it matters. The OP says he has no discipline. With all the disparate views posted here he may only see it as a diversion to actually starting to work on his weight loss. OPs original post has to do with discipline and the replies have not f...
by DaftInvestor
Mon Jan 14, 2019 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: I know market timing is a fool's game but...
Replies: 59
Views: 4741

Re: I know market timing is a fool's game but...

Full Speed ahead on my contributions! I've been on this site for 5 years now. There seems to be a new thread like this every week. I only remember one case where someone that stated they were pulling back came back and admitted their mistake (most just drift off into the sunset). Some seem to be wor...
by DaftInvestor
Mon Jan 14, 2019 4:04 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 40848

Re: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs

Okay. Personally I think your understanding of the IRS starting an effort to close the loop-hole is probably incorrect - more likely it was a congressional debate. I don't think so. As I understand it, the initiative came from the executive side and Congress was uninterested. Okay. If you ever come...
by DaftInvestor
Mon Jan 14, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: USPS price increase on 1/27/19
Replies: 74
Views: 6639

Re: USPS price increase on 1/27/19

I was near the post office the other day so stopped by to buy some. While the Patriot in me was going to go with Flags I had them show me all the options and I found the Star Trek stamps cool: https://store.usps.com/store/product/buy-stamps/star-trek-S_474004 Bought 3 books - should be set for some ...
by DaftInvestor
Mon Jan 14, 2019 3:54 pm
Forum: Investing - Theory, News & General
Topic: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs
Replies: 249
Views: 40848

Re: Michael Kitces said in 2016 that IRS auditors disapproved of backdoor Roth IRAs

Good point - it was one of the first questions I asked (https://www.bogleheads.org/forum/viewtopic.php?t=135113). Everytime someone says (Like Lemongrab did above) something like"it's clear the IRS doesn't approve" I ask for the evidence. But no one can ever provide any (this article came the close...